4 Questions every technology leader should ask themselves for 2023

At the beginning of 2022 many CEOs and technology leaders were expecting to capitalise on the digital opportunities of the previous two years. However, businesses are now staring the threat of global recession in the face and managing the ripple effects of inflation, supply chain issues and a growing talent gap. Whilst the future may seem uncertain, good strategic planning and a commitment to your goals can help your business weather the bad times and emerge stronger and better able to succeed when the tide turns. 

To do so, it’s critical that we as tech and IT leaders ask ourselves several crucial questions; what are our long-term business goals and how can tech support them? Are we focussed on cost-efficiency? Is our goal to bolster growth and improve margins? Or is our overall business model changing?  

 As 2023 approaches, it’s time to think about what’s to come, what trends are emerging in technology and how you can leverage them for a competitive edge.   

Four questions about tech trends to consider for 2023 

 1. Can automation help your business be more agile? 

Building automation into different areas of your organisation has many benefits. Used correctly, automation can increase the resilience of products and services, make your workforce more efficient and provide a better service for your consumers. Adaptive AI and data analysis tools will also ensure you’re able to respond quickly to challenges in your supply chain and adjust to changing consumer behaviour as agilely as possible.  

Tech leaders should consider adopting automation tools and software in areas such as sales, marketing, accounting, HR and IT. One thing to be aware of, however, is that automation and AI will require new risk management strategies to keep your business secure.  

 2. Which new technology implementations will best drive growth? 

Choosing which new technology implementations you should prioritise for 2023 can be challenging. However, there are three emerging technologies set to drive business growth in the coming year. They are:  

• Industry-specific cloud platforms – Traditionally cloud services have been generic solutions used by businesses across many different industries. Increased specialisation will help businesses choose solutions that solve their unique challenges through customisable, industry-relevant cloud products. As a result, 50% of enterprises will use industry cloud platforms to accelerate their business initiatives by 2027.  

• Superapps – Since 90% of users now access the internet via mobile devices, there has been an explosion of mobile apps for everything from shopping to banking to socialising. Superapps allow companies to combine apps into a single platform, increasing the time consumers spend and the amount of revenue to be gained from increased data. 

• Wireless-value realisation – The UK is continuing its 5G rollout and an increasing number of network devices are taking advantage of improving wireless technology. Being able to successfully integrate multiple wireless services will be key for digital businesses. Wireless-value realisation will ensure wireless tech is a cost-efficient, scalable, and reliable strategy.  

 3. Are you prioritising technological investments based on sustainability? 

Sustainability is the next big focus for CEOs developing ambitious Environmental, Social & Governance (ESG) targets. Technology leaders will play a key part in ensuring businesses meet those goals and in ensuring the sustainability of organisations over time. 33% of CIOs are struggling with making their legacy systems more sustainable which is why developing transformation projects with sustainability in mind and choosing sustainable products is critical. Tech leaders should integrate sustainability into their long-term IT roadmap. 

 4. Is your resourcing strategy fit for the future? 
Ambitious cloud transformation projects or automation integrations are impossible without skilled and experienced staff to design, build, implement and manage them. The tech industry is facing a deepening talent shortage with 70% of organisations saying they have experienced difficulty hiring the tech skills they need.  

Tech leaders must build innovative hiring strategies into their wider resourcing strategy if they want to be able to attract and retain talent. Developing employer branding best practice will help reduce turnover and make it easier to reach qualified candidates.  

Whatever your technology plans for 2023, we can help make them a reality 

The future might feel uncertain but 2023 has the potential for innovation and growth. Whatever your plans for the coming year, Fruition IT can help you find the talent you need to take your organisation into the future. 

We have a range of services to offer you the solution that will meet your needs in the most effective way possible. From our Orbit RPO service to our Spotlight service for business-critical roles, we have the network and knowledge to find the technology professionals you need. 

Get in touch today.