Digital Transformation and Innovation: 2023 Trends

Leading organizations in the coming year will be ‘Fast and Furious,’ as they focus on speed and scale with technology investments…

“When the going gets tough, the tough get going.”
On the one hand a mantra for 2023, but also an omen for what lies ahead: unquestionable uncertainty that requires resilience, speed and scale to overcome. Just now re-emerging from the COVID-19 pandemic, on the cusp of a possible major economic recession, and global events causing major disruptions, times are certainly tough for many companies. How will the tough get going in 2023?

In this eBook, we look at eight of the top technology trends and solutions that organizations across industries can leverage to stand firm as innovation leaders, while laggards stumble, or even fall.

Trends highlights

Geometric shapes of light yellow and green colors

8. Using hyper-personalization to better engage with customers and employees

To meet the 80% of customers who spend more for personalized experiences, organizations will need a strategy that includes AI, ML, and advanced analytics.

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A high industrial building to illustrate the scale

1. Greater focus on speed and scale in technology investments

With 81% of CEOs expecting a recession in 2023, investment in the right technology and partner network for long-term stability, speed and scale should be a priority over short-term revenue gains.

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2. Increased investments in engineering talent and culture

To close the 2022 talent gap and build a strong engineering culture, global team augmentation and agile pod teams look ever-more promising.

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Clouds to illustrate a multi-cloud strategy

3. Cloud computing strategies

84% of mid-to-large companies will have adopted a multi-cloud strategy by 2023, but is this the answer to the growing cost and complexity of cloud strategies?

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4. Flexible platforms hold the key to increased flexibility and agility

Flexibility is the new black in 2023. Can PaaS models provide the agility and cost-efficiency that organizations will need to respond to change?

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5. More organizations reap benefits from artificial intelligence investments

Projected to contribute $15.7tr to the global economy by 2030, AI in 2023 is poised to add value to customer engagement and operational efficiency.

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Yellowish and greenish circle style shapes

6. The metaverse has a growing appeal

With 400 million active metaverse users, and 30% of businesses expected to interact by 2026, is the metaverse a viable strategy for innovation leaders in 2023?

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7. Organizations continue to face growing cybersecurity threats

Since COVID-19, reported cyber crimes have increased by 300%, positioning cyber risk assessment as one of the year’s defining trends in security.

Get EBOOK

8. Using hyper-personalization to better engage with customers and employees

To meet the 80% of customers who spend more for personalized experiences, organizations will need a strategy that includes AI, ML, and advanced analytics.

Get EBOOK

2. Increased investments in engineering talent and culture

To close the 2022 talent gap and build a strong engineering culture, global team augmentation and agile pod teams look ever-more promising.

Get EBOOK

3. Cloud computing strategies

84% of mid-to-large companies will have adopted a multi-cloud strategy by 2023, but is this the answer to the growing cost and complexity of cloud strategies?

Get EBOOK

4. Flexible platforms hold the key to increased flexibility and agility

Flexibility is the new black in 2023. Can PaaS models provide the agility and cost-efficiency that organizations will need to respond to change?

Get EBOOK

5. More organizations reap benefits from artificial intelligence investments

Projected to contribute $15.7tr to the global economy by 2030, AI in 2023 is poised to add value to customer engagement and operational efficiency.

Get EBOOK

6. The metaverse has a growing appeal

With 400 million active metaverse users, and 30% of businesses expected to interact by 2026, is the metaverse a viable strategy for innovation leaders in 2023?

Get EBOOK

7. Organizations continue to face growing cybersecurity threats

Since COVID-19, reported cyber crimes have increased by 300%, positioning cyber risk assessment as one of the year’s defining trends in security.

Get EBOOK

8. Using hyper-personalization to better engage with customers and employees

To meet the 80% of customers who spend more for personalized experiences, organizations will need a strategy that includes AI, ML, and advanced analytics.

Get EBOOK

Author

Stan Klimoff

Chief Strategy Officer

Stan serves as Chief Strategy Officer for Grid Dynamics. In this role, he is responsible for all facets of revenue growth, including sales, strategic partnerships, and M&A. Bringing over…

Rajeev Sharma

Chief Technology Officer

Rajeev Sharma is the Chief Technology Officer at Grid Dynamics. He has 25+ years of engineering and leadership experience. Mr. Sharma was awarded the Scientist of the Year award for his work..

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Grid Dynamics Insights

2023 Trends Digital Transformation and Innovation

Trends highlights

8. Using hyper-personalization to better engage with customers and employees

1. Greater focus on speed and scale in technology investments

2. Increased investments in engineering talent and culture

3. Cloud computing strategies

4. Flexible platforms hold the key to increased flexibility and agility

5. More organizations reap benefits from artificial intelligence investments

6. The metaverse has a growing appeal

7. Organizations continue to face growing cybersecurity threats

8. Using hyper-personalization to better engage with customers and employees

1. Greater focus on speed and scale in technology investments

2. Increased investments in engineering talent and culture

3. Cloud computing strategies

4. Flexible platforms hold the key to increased flexibility and agility

5. More organizations reap benefits from artificial intelligence investments

6. The metaverse has a growing appeal

7. Organizations continue to face growing cybersecurity threats

8. Using hyper-personalization to better engage with customers and employees

Stan Klimoff

Chief Strategy Officer

Rajeev Sharma

Chief Technology Officer

Grid Dynamics Insights

2023 Trends Digital Transformation and Innovation

Trends highlights

1. Greater focus on speed and scale in technology investments

Stan Klimoff

Chief Strategy Officer

Rajeev Sharma

Chief Technology Officer

Stan Klimoff

Chief Strategy Officer

Rajeev Sharma

Chief Technology Officer

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