AI and data management at the forefront of SAS’ 2023 IT predictions

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IT predictions for 2023 are echoing one core message: 2023 will be marred by the consequences of global supply chain issues, rising inflation and interest rates as we attempt to recover from the COVID-19 pandemic.

analytics software provider mother-in-law says organizations have to prepare themselves to meet these challenges, be ready to take the hit and cut costs while keeping up with digital transformation and growth.

here are the top predictions From the company, which covers data ethics and governance, AI, healthcare, sustainability, emerging technologies and more:

  1. Marketers will have to respond to data deprecation (limiting advertisers’ use of data) in 2023. The impending demise of third-party cookies in 2024 will be an opportunity for businesses to rethink their customer data strategy and develop more trusted relationships with their customers.
  2. Rethinking human biases will be critical to the development of effective AI models.
  3. Companies will leverage data and analytics to understand what skills they need and have, and what is needed to drive business initiatives. DEI (Diversity, Equity and Inclusion) will also be an important consideration for companies that want to drive meaningful change across all business sectors.
  4. Organizations will retrain their generalist data scientists to become specialized in industry-specific knowledge, so that they are better positioned to tackle real-world business problems.
  5. Organizations will combine computer vision and other AI technologies to equip their IT professionals to drive operational efficiency within the Industrial IoT environment
  6. The use of data generation services, including synthetic data, will grow in 2023 as businesses look for ways to deal with issues of data privacy, and sparse and disproportionate data representation. The discussion about the eligible benchmark will go ahead but will not be codified.
  7. Organizations will move from traditional data warehousing to user-friendly storage options that support real-time data analysis and management. Identifying trends in real time can help businesses avoid costly mistakes and capitalize on opportunities when they arise.
  8. There will be a huge increase in the adoption of renewable energy sources in 2023, resulting in rapid innovation and investment in energy storage technologies. Countries that suffer greatly from energy disruptions, including rising fossil fuel prices, will want to invest in renewable infrastructure.
  9. With climate change and geopolitical tensions affecting global supply chains, organizations will use digital twins and simulation technologies to accelerate decision making, helping them react more quickly to the reality of connected supply chains Will get
  10. Sectors and governments responsible for the health care of vulnerable populations will take advantage of unstructured data more than structured data to study complex, emerging information, such as socioeconomic exposure, clinical history, etc.
  11. Businesses seeking maturity in AI will empower people of all skills to participate in the analytics process through low-code and no-code options. Analytical insight can enhance every phase of business in any industry to meet customer demands.
  12. Financial services may be under pressure to pull back on ESG (environmental, social and corporate governance) goals, but a sas study predicts that most will actually stay the course or double in 2023.

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