July 2024 | Report

Tech Trends to Watch in 2024

Investigating five emerging, cross-industry technology trends

Tech Trends to Watch in 2024

Our annual e-book dives into several distinct yet interconnected trends that are found throughout today’s technology landscape. Learn what we’re seeing, why it matters, and what actions your company should be taking to be best positioned for what comes next. 

2-Minute Takedown:

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1. The New Productivity Paradigm

While AI’s integration into the workplace is not novel, its applications are now more sophisticated, significantly augmenting human capabilities. Forward-thinking companies leverage these technologies to create value and drive sustainable growth, prioritizing quality and innovative outcomes over mere efficiency and output.
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2. Cloud & Infrastructure's Resurgence

Driven by the escalating computational and storage needs of advanced AI systems, modernizing infrastructure has become crucial to ensure scalable and sustainable growth without compromising user experience or ethical standards.
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3. Synthetic Data's Very Real Potential

Enabling the training of AI models with high-quality, anonymized data when real data is scarce or sensitive, this advancement holds significant promise across various industries—from healthcare to finance—by enhancing AI applications and insights.
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4. Techno-Optimism vs. the Techlash

This double-edged sword presents a complex tension between balancing the societal and ethical implications of rapid technological progress. Balancing innovation with societal concerns is vital, ensuring that technological advancements benefit all stakeholders and foster a more inclusive digital future.
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5. Humanity's Role in the Digital Age

Human creativity, judgment, and empathy remain critical in our digital world. While technology can enhance our capabilities, it cannot replace the intrinsic value that humans bring to decision-making and innovation. As organizations embark on their digital transformation journeys, it is crucial to prioritize human-centric approaches that harness technology to complement and elevate human potential.
Tech Trends to Watch

Tech Trends to Watch

Learn what West Monroe leaders say these 5 tech trends mean for your organization, and the actions they recommend taking today.   

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