Gartner’s Predictions for 2024 Technology Trends and Its Impact on Businesses

Gartner, an esteemed global research and advisory firm, has recently published its annual report on the top 10 strategic technology trends for 2024. The primary objective of the report is to offer valuable insights to business leaders, enabling them to remain at the forefront of an ever-evolving technological landscape. As we explore these trends, it is intriguing to contemplate the potential impact they may have on companies across varied sectors.

Firstly, the integration of AI into organizational processes presents a plethora of risks. Businesses encounter potential challenges related to data confidentiality, security, compliance, and regulatory frameworks when incorporating AI models and tools from third-party providers. Stringent regulations, including the EU AI Act and regulations in North America, China, and India, further exacerbate these challenges. In response, the strategic framework of AI Trust, Risk, and Security Management (AI TRiSM) is poised to play a pivotal role. Companies will need to integrate AI TRiSM into their AI models to ensure trustworthiness, mitigate risks, and address security concerns. The anticipated increased integration of AI into our daily lives in 2024 underscores the heightened significance of the ethical use, reliability, and security of AI technologies. Consequently, companies may need to allocate dedicated resources to manage AI TRiSM efforts, potentially leading to higher user acceptance and the successful attainment of business objectives.

Secondly, Continuous Threat Exposure Management (CTEM) advocates a proactive cybersecurity approach centred around continuously assessing, monitoring, and managing an organization’s exposure to potential threats and vulnerabilities. As businesses expand, various factors within the cybersecurity space are evolving. The proliferation of IoT devices and interconnected networks has significantly expanded the attack surface, resulting in an increased prevalence of cyber threats.

These two strategic technology trends merely scratch the surface; Gartner’s comprehensive report encompasses a range of other influential trends anticipated to shape the technological landscape in the coming year. As businesses prepare to navigate these trends, the importance of maintaining a proactive, informed, and adaptive approach cannot be overstated. By staying abreast of these emerging technologies and their implications, companies can potentially position themselves for sustained success in an increasingly digitised world.