Friday, May 3, 2024

Nextgov: AI, Data Analytics Star as Biggest Planned Investments for 2023

2023 stands to see a continued investment and development in emerging technology systems, with artificial intelligence leading the technologies private companies are planning to leverage.

Detailed in a new 2023 industry forecast from Info-Tech Research Group, an IT analyst firm, private sector companies are expected to continue adopting more advanced technologies into their everyday business operations, regardless of any broader economic slowdowns…

“After AI, the two technologies gaining the most momentum in new investment are data lake or lakehouse and data fabric or mesh, with both seeing a 5% increase in the number of organizations planning to invest in 2023,” the report reads. “These platforms facilitate better access to enterprise data and enable real-time reporting.”

The goal for both of these technologies is to make data-driven decisions at the corporate level easier, with more accessible, digestible data analyses. AI is likely to intersect with this task, as automated algorithms are being used to organize and compile data visualizations… Read the full article here.

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Jackie Gilbert
Jackie Gilbert
Jackie Gilbert is a Content Analyst for FedHealthIT and Author of 'Anything but COVID-19' on the Daily Take Newsletter for G2Xchange Health and FedCiv.

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