tech trends 2024
Tasked with the challenge of discerning sustainable technology from fleeting trends, the annual CTO Office Tech Trends Report provides key insights into the advances in our key industries.
financial services
In an effort to address rising cloud computing costs and the scope of open banking, strategies like GenAI, FinOps, and cloud repatriation are shifting operational efficiencies and customer interactions.
logistics & transportATION
Ambitious targets to reduce carbon emissions by 2030 is driving technological investments in fuels, fleets, and better connectivity at sea for the lives of seafarers and reporting.
telco, media, tech
Responding to consumer demands and regulatory standards on their supply chain, the sector is deeply embracing AI into their total experience, IoT integrity, and alternative investments.
introduction
four things to keep your eye out
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The era of a one-size-fits-all cloud solution has been waning for years, giving way to hybrid cloud strategies that combine on-prem, cloud, and co-located environments.
With examples like UBS’s detailed cloud billing, these come with its own opportunities for cost containment and governance.
Read more about the complexities of managing diverse environments in Financial Services
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The use of GenAI, graph and vector databases, and low-code are driving adoption and differentiation in an increasingly apathetic and competitive consumer base.
While both operational and client-facing applications are poised to offer more tailored and efficient user interactions, 90% of executives are still waiting to understand how to implement AI successfully - or at all - considering security concerns.
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AI is everywhere - including your data. With rising attack surfaces and threat vectors, including from the impending reality of quantum computing, companies are turning to proactive strategies to maintain operational uptime and minimise impact.
The arms race will continue to intensify as multi-layered approaches and air-gapping become the norm to ensure business resiliency.
Read more about the role of AI in cyber defense
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Driven by regulatory catalysts, investments in green technology and transparency are transforming long-standing companies into responsible leaders and opening avenues into new markets.
These sustainable offerings cater to a younger consumer demographic, offering solutions that improve both convenience and efficiency.
Read more about the strategic imperative in TMT
Navigating the GenAI revolution demands a bold approach to data governance.
Organisations need a strategic blueprint to question their security, compliance, and high-quality data practices in their operating model before they can successfully embed AI.
telco, media, tech
what’s next after connectivity?
After the successful global roll-out of 5G, backed by AI/ML, the next step for the industry will be integrating the technology to set new standards in user satisfaction and operational sustainability.
ai for enhanced iot
The strategic focus on sustainability promises to redefine brand perception, customer engagement, and the sector's role in building a sustainable future.