Ngoc Lan Vy Le is currently working as an intern at Whatnot Startup Studio, driven by a passion for innovative adventures and an ambitious desire to explore further technological knowledge on the global map, all while gaining valuable work-life application experiences.
Guest Author: Ngoc Lan Vy
2024 is nearly halfway over, and it’s amazing how quickly time has passed, along with the emergence of new innovative technologies that are growing every day. If in 2023, Generative AI excited us about the significant effects of OpenAI’s Chat GPT, are you curious about what kind of trending tech in 2024 we should focus on?
With each new discovery, AI and technology continue to grow at an unstoppable rate, shaping our world with every advancement.
This article aims to introduce you to tech trends that are garnering attention and have many potential to grow in the near future. Along with explanations, it provides tips to guide you on your journey into the realm of new technologies.
Let’s delve into the latest updates on tech trends and be ready for exciting developments!
AI TRiSM (AI Trust, Risk, Security Management)
AI TRiSM, or AI Trust/Risk/Security Management, is an acronym coined by Gartner – a comprehensive tech solution that ensures AI compliance and appropriately manages AI systems to preserve data privacy, ensuring three key aspects:: compliance, fairness and reliability.
Many advantages, including increased productivity, automation, and improved decision-making, have resulted from the development of AI nowadays, but it also brings new dangers and difficulties that organizations need to deal with.
One major risk when using AI is that users tend to create a black box without knowing what is actually happening within the AI model. AI TRiSM can help lessen the possibility of reaching this kind of risk and lead us to successful goal accomplishment.
In the near future, to ensure effective risk management in adapting the growth of AI applications, implementing the AI TriSM is necessary to achieve successful business goals.
Thanks to AI TRiSM, the organization can build trust in their AI systems, mitigate potential risks, and ensure security and privacy for both themselves and their customers.
AI-enhanced development
The term “AI-enhanced development” describes work that supports application design, coding, and testing with AI technologies like generative AI and machine learning.
It can boost software developer’s productivity and enable them to keep up with the rapidly expanding software needs. Because design and configuration are upstream operations directly related to value provision, developers should be able to spend more time on these activities and less time on coding and other responsibilities.
However, using generative AI for software development can lead to many risks and dangers, including data privacy violations, intellectual property leaks, and the loss of output code, as stated in AI TRiSM.
Software organizations should be aware of using this kind of tech while ensuring accurate information and data privacy protection are necessary for successful achievement.
Democratizing generative AI
The democratization of generative AI means making AI available for all. To achieve this, open-source datasets and technologies created by companies such as Microsoft and Google – which demand less knowledge of AI from the user – are made available so that anyone can build innovative AI software. Users can quickly create new product ideas and obtain information in a conversational manner.
However, as stated in the above list, risks resulting from the widespread usage of generative AI include data misuse and exposure of private information.
Organizations and IT leaders must take actions such as prioritizing use cases, quantifying business value, and adopting a change management approach to mitigate risks.
Industry cloud platform
Industry Cloud Platforms (ICPs), also known as vertical cloud platforms, are cloud computing solutions specifically designed to address the unique challenges, requirements, and regulatory constraints of specific industries or sectors.
ICPs have gained prominence as businesses increasingly recognize the limitations of one-size-fits-all cloud solutions. They require a tool that seamlessly integrates with their existing systems, offers robust data security, and complies with industry regulations.
Therefore, thanks to ICPs, businesses have a flexible way to quickly respond to industry-specific business, data, and compliance needs and accelerate change to fulfill these requirements. However, businesses must also be aware of major challenges such as managing sensitive data.
Ensuring the ICP providers have robust cloud security systems and comply with industry-specific regulations is necessary for every operation.
Sustainable technology
Sustainable technology is a framework for digital solutions aimed at improving environmental, social and governance (ESG) outcomes. ESG represents the combination of Environment, Social and Governance perspectives, essential for a company’s long-term, sustainable growth.
The advanced nature of modern technologies has raised worries about their potential environmental, social, and governance impacts.
Sustainable technology can aid in achieving ESG goals by lowering costs, increasing energy efficiency, and optimizing resource use, enhancing human health, and offering traceability to responsible business practices.
While there is a variety of sustainable technologies available, organizations must consider the practicalities of implementing them in real-world situations for successful adoption.
The Augmented-Connected Workforce
The Augmented Connected Workforce is an approach that combines capabilities with advanced technologies to establish a collaborative, connected, and empowered work environment.
It aims to improve employee development and wellbeing while applying workforce analytics and intelligent applications to provide them with the information and support that they need to perform in their everyday tasks.
In today’s changing landscape, businesses are faced with numerous challenges. This trend is gaining traction in response to the ever-increasing need to maximize the value of human resources.
By implementing this trend, organizations can benefit in several ways. However, there are still some challenges, including costs, regulatory and ethical challenges, and the need for required skills. Make sure to consider every potential challenge to lessen the risks while applying.
In conclusion, we’ve explored the top six trending technologies of 2024, providing valuable insights into the rapidly evolving landscape of tech innovation. These trends, as outlined above, shape the way businesses operate and how individuals interact with technology.
Stay tuned for more exciting updates from us at https://techzi.co!
