Corporate IT challenges and trends

Disruption is the only constant in today’s rapidly evolving technology landscape – your business needs to not only prepare for the challenges it faces today, but also for the ones that are on the horizon. Ray Steen, CSO at MainSpring, shares the top IT trends and challenges your business needs to prepare for.

Armed with strategic knowledge of IT trends and their relationship to business outcomes, it is possible for your organization to maintain flexibility in the midst of change, stay ahead of trends and take advantage of new technologies ahead of your competitors.

Let’s take a look at the most important challenges companies will face at the beginning of 2023 and seven trends that will affect IT strategy in every industry,

Challenges for IT professionals

The year 2023 will mark the culmination of several global developments that will impact companies from 2020 onwards. They are shaping how companies spend on IT today and will continue to do so in the coming year – plus, they will challenge companies to explore new revenue models and ways of working.

1. Global instability

The supply chain crisis that began with the COVID pandemic has combined with further supply chain disruption caused by Russia’s invasion of Ukraine and other global political conflicts. Uncertainty about global export availability and shipping reliability will greatly affect global companies for the foreseeable future.

2. Economic turmoil

Partially as a result of global instability, experts predict that the global economy will experience stagnation and turmoil. This will likely cause companies to hold back on increasing investment and hiring; There will be a push to “entitle” with better efficiency, labor-saving automation, and cost reductions to offset potential losses.

3. Cyber ​​threats

Cyber ​​attacks are increasing in frequency and cost, as they have been for many years. In 2023, this trend will continue, and organizations will need to factor cybersecurity into business practices, solutions, and third-party partnerships.

4. The talent gap

Finding talent in the IT field has been difficult for some time. Thanks to trends like “The Great Quit,” it’s also hard to keep. Organizations especially need cyber security talent, employees who can translate between IT concerns and business results.

5. Telework

Companies continue to participate in mixed business models – by the end of 2022, 25% of all professional positions In America you will be far away. This has created an expanded network periphery outside organizational networks which generates new vulnerabilities and challenges for collaboration.

See more: Into the Light with Discovery: It’s time to rethink Shadow IT

Top 7 IT trends for 2023

Here are the trends you should pay attention to and prepare for in advance.

1. AI readiness

Thanks to major breakthroughs, advances in artificial intelligence, machine learning (ML), and neural networks have accelerated over the past decade. Now, companies are spending more on AI than ever before, with experts predicting it will outpace the market 422 billion dollars By 2028.

In 2023, AI-ready organizations will be ready for applications that enable better decision-making on the go based on large amounts of data, superior customer experiences, better agility in cloud deployments, and more. Ultimately, AI readiness will be a differentiator with competitive advantages.

2. High-bandwidth wireless standards

By 2025, Gartner predicts that 60% of companies You’ll be using five or more wireless technologies—including 5G, and it’s not just a faster way to get online from your mobile device: It’s a more reliable channel for delivering content to your customers, collaborating with remote employees, and working with equipment remotely.

The value of 5G is especially evident when it comes to Internet of Things (IoT) devices. There are billions of active IoT devices today, and that number will continue to grow in 2023. As organizations rely on IoT to collect critical data, they will need the higher bandwidth and lower latency of 5G, enabling it to support a greater number of devices.

3. Cybersecurity culture

Despite the perilous nature of today’s cyber landscape, only 50% of small businesses currently have a cybersecurity plan. In 2023, more companies will begin to understand the critical role of cybersecurity in protecting their revenues in the long and short term.

Given the role social engineering plays in facilitating cyberattacks, cyber training for all individuals will become a pillar of the culture of many companies. We will also see increased adoption of multi-factor authentication, particularly as tech giants adopt the Fast Identity Online Alliance’s FIDO2 standard and WebAuthn API.

4. Cloud migration

According to Gartner, global cloud spending will increase by more than 20% to Almost 500 billion dollars By the end of 2022. In 2023, we expect more companies to move their IT infrastructure, data, and applications to the cloud due to faster deployment, lower costs, and superior security than alternatives.

In today’s world, there are a few good reasons for embracing so-called “managed hosting” services: while this model of IT delivery made sense in the 1990s and mid-2000s, the advent of cloud computing has made it redundant. Cloud offers all the benefits of managed hosting with some downsides, such as higher monthly costs, hidden fees, low flexibility, and restricted service contracts.

5. Federal cybersecurity compliance

Given the risks that cyber threats pose to national security, the federal government leaves nothing to chance. While government contractors have been required to follow cybersecurity standards such as NIST 800-171 for some time, the Cyber ​​Security Maturity Model (CMMC) certification will require higher accountability from private sector organizations that deal with the federal government.

The Department of Defense (DoD) aims to implement CMMC into its contracts by 2023. Meanwhile, government agencies are working to implement a zero-trust structure (ZTA) by 2024. Both of these initiatives are expected to have an impact on the private sector. with Gartner anticipation 60% of companies will implement zero-trust security principles in 2023.

6. IT outsourcing

Increasing IT challenges require a skilled IT team. Unfortunately, IT talent is increasingly difficult to find, with 75% of IT leaders Mentionsed It is difficult to fill technical positions open in 2022. At the same time, it is also difficult to afford them, as scarcity accelerates wage and salary inflation. more than 20% For key technical roles.

Eventually, organizations will find themselves looking for outsourced professionals to supplement their internal IT teams. Many will turn to managed service providers (MSPs) and virtual chief information officers (vCIOs) alike for their business expertise and technical expertise.

7. Performance improvement

With the economic problems companies will face in 2023, organizations will be looking for ways to cut costs and achieve better performance in whatever way they can. They will use continuous monitoring of KPIs and other metrics to ensure that the solutions they use actually produce the expected business value in the long and short term; If they don’t, they will use these metrics to continually improve and improve their situation.

Get help from a strategic advisor

In 2023, make IT work for you by leveraging technology trends strategically to increase revenue and achieve your long-term goals. If you don’t have the inner talent to capitalize on the risks and trends facing you in 2023, seek help from your trusted MSP or business advisor. Find a proactive partner who will take ownership of your results and work hard to exceed your business needs.

Can you think of any other IT trends to add to the above list? How prepared are you to deal with these trends? Share with us on FacebookAnd the TwitterAnd the linkedin.

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