Over the last year, many companies have slowed growth or stopped hiring; some have even cut staff, and others have sought to consolidate technologies to reduce spending. There is every indication that despite economic challenges, organizations will continue to rely on emerging technologies to improve the customer experience, increase business agility, and reduce administrative spending.
In this context and as Couchbase (NASDAQ: BASE) experts have analyzed it, more and more companies will take advantage of cloud databases, Edge Computing, or serverless architectures in 2023 to position themselves successfully in an increasingly competitive market. Thus, the technology company has outlined five predictions we can anticipate in 2023 and the future.
Cloud databases will reach new levels of sophistication to support modern applications.
Deploying a powerful database in the cloud is one of the best ways to modernize your technology stack, ensure applications run without lag, and deliver a superior user-platform interaction experience. From a digital transformation perspective, there is a massive trend toward using cloud databases to manage the data access layer.
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In addition, over the next year, we will also see increased decentralization of data tailored to deliver faster, more reliable availability, as well as the emergence of AI-powered databases to enable teams to do more with less . . The proliferation of data will only continue, making AI-assisted databases a critical strategy for making the data lifecycle more operationally efficient for businesses.
Serverless architectures will continue to gain momentum
The emergence of serverless technologies, where infrastructure management comes as standard, has transformed the way applications and software are built, from application architectures to the DevOps toolchain to the economics of software development. . Therefore, in 2023, serverless architecture will continue to see strong adoption across the stack, paralleling how the adoption of serverless computing offerings across various cloud providers has accelerated.
This trend will continue due to the availability and adoption of serverless data tiers by major data providers, serverless computing platforms taking advantage of 5G/6G ms latencies, and AI optimizations that will facilitate a cloud Continuum across multi-cloud and edge locations.
Edge computing will finally be as fast and personalized as in-person interactions
Edge computing, which used to be highly operationally complex, is accelerating thanks to easier access and greater availability of pay-as-you-go solutions from cloud service providers. Enterprises realize great value from edge computing with options such as the ability to select edge locations, allowing them to achieve new levels of availability and guaranteed speed through a reduced distance between points of interaction.
Just as a light bulb is expected to work immediately when the switch is turned on, edge computing enables digital systems to be created that are just as reliable and fast. In 2023, we will see more and more companies adopt edge computing for operational reasons to ensure that businesses stay up and running fast in all locations.
Cost efficiency will officially incorporate cost-efficiency into the technology stack
In light of the current market volatility, we will see more and more vendors incorporating cost efficiency into their solutions to offer a competitive advantage. This change will see more providers ensure that their offerings optimize costs for customers while enabling increased productivity. For example, more and more organizations are moving away from having multiple database technologies that cover different business functionalities and instead looking at a single database that is efficient, capable of scaling, and usable across the entire organization.
Database vendors that support a variety of verticals and use cases and lower the cost of doing business will see increased demand. Technology can influence business cost optimization, and for today’s providers, adaptability is key, especially in this changing business environment. Technology providers who can understand sudden market changes and continue to provide innovative solutions, yet save costs, will win.
The role of IT in meeting the needs of digital transformation
Gone are the days when IT teams focused solely on provisioning and managing IT infrastructure, a clear indication of the growing importance of IT professionals to organizations. As a result, IT departments are expected to play a broader and more consultative role in understanding business needs and addressing them with technology solutions. This change changes the need for core competencies in IT teams. With these digital transformation projects at the top of companies’ to-do lists, it’s clear how helpful IT professionals will be to help plan, implement, and sustain digitization efforts.
We’ll also look at how IT professionals are required to educate other areas of the business. With other employees building systems and overseeing cloud infrastructure, IT teams must act as gatekeepers to efficient, compliant work. In addition to the skills required for effective consulting, IT teams must also act on the intelligence of all the data companies collect and generate.
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