In 2023, industries like Big Data, the Cloud, and Artificial intelligence (AI) are expected to reach new heights. Compared to previous cyber landscapes, our data is connected like never before. This likely won’t be changing, and in fact, is expected to go even further. Data analysts anticipate the global Internet of Things (IoT) industry to boom into 2023, increasing by 43 billion dollars. Just as exciting, the experts also predict AI will grow exponentially by 2029.
Furthermore, companies are also ingesting tremendous amounts of data to store and use for their research and marketing purposes.
Below, we asked some leading experts about what organizations could expect in 2023 and how enterprises can anticipate the coming changes in our cyber landscape.
Danny Schaarmann, CEO, xSuite North America
“Last year, we noted AI’s rise in the accounts payable industry, and a recent survey shows this will continue. Between 2019 and 2022, fully-automated AP teams grew by 4%. In 2023, we expect to see this disruption begin to go a step further where more companies will be looking to augment and combine their AI processes to receive the full benefits. Research shows that 67% of AP teams plan to automate within the next 12 months, and we could see a shift toward analytics originating from AP records.”
Richard Copeland, CEO, Leaseweb US
As we move into 2023, tech companies will continue to keep a close watch on the financial landscape. We’ll see CFOs more engaged in their company’s IT decisions, product offerings, and employee development as these can have a significant impact on the bottom line in a volatile economy. This will lead CFOs to focus on the advancements in technology, strengthening customer relationships, and increasing the growth mentality inside the company.
Additionally, the technology industry will continue to be driven by the demand for more energy-efficient innovation. Traditionally, data centers don't naturally lend themselves to being eco-friendly; not only do they require a lot of room and equipment, but they also consume a lot of power. As sustainability becomes more prominent globally, data center providers will continue to search for ways to optimize energy efficiency while staying within budget.
Prashanth Nanjundappa, VP, product development, Progress
“In 2023 and beyond, we’ll also see increased market education on cloud native. Staffing and lack of knowledge are two of the biggest challenges for cloud-native security. Most DevOps teams are not familiar with security methods, and it isn't their main responsibility. On the other hand, security teams are not familiar with cloud services, Kubernetes, containers, and their respective security risks and countermeasures. Educating the market and moving toward a DevSecOps transformation will be critical and widespread in the coming years.”
Steve Leeper, VP of Product Marketing, Datadobi
“In 2023, businesses are going to have to prioritize environmental, social, and governance (ESG) policies to gain a competitive advantage. A recent PwC report found that over 80% of individuals are more likely to buy or work for an organization that stands for ESG best practices. And as of this year, only a little more than half of the companies have an ESG plan in place or are actively planning for one.
Unstructured data plays a pivotal role in the success of an organization’s ESG policies. A holistic approach to reducing carbon footprint should bring unstructured data management into the conversation. When done with the right solutions, unstructured data management can enable organizations to move away from legacy models where data is stored in a digital ‘landfill.’ In these environments, data takes up money, space, and precious resources but gives very little in return. Organizations should be able to monitor their key ESG indicators and take actions on unstructured data to achieve their targets by moving data to the cloud or less polluting storage, deleting redundant, obsolete, or trivial (ROT) or orphaned data, enabling consolidation, reuse, and earlier shutdown of hardware. By doing so, IT leaders get a win-win of an effective approach to unstructured data management that also delivers on ESG objectives.”
Carl D'Halluin, CTO, Datadobi
“Organizations will be forced to look for new approaches to manage unstructured data growth in 2023. Many have already noticed that the pace of unstructured data growth is snowballing exponentially faster than it has in the past. This leads to increased costs, as companies have to buy more storage, and the introduction of risk, as the organization has less knowledge about the data as it ages in its network. Organizations need new solutions to minimize the financial impact and risk their business faces.
Furthermore, much of this unstructured data is stored in network-attached storage (NAS). This is because many applications haven’t yet been redeveloped to leverage object storage. So, much of an organization's unstructured data will continue to be stored on-premises in 2023. Because of this, public cloud providers will form more relationships with traditional on-premises NAS vendors. They will offer branded, cloud-based, managed file services. These services will benefit customers because they have a simple “on-ramp,” they preserve pre-existing documentation and processes, and they take care of the underlying hardware and operating environment for the customer.”