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IT leaders will take more responsibility for building a strategic roadmap in 2024. They will stress more technology investments to help businesses lead their IT strategies around uncertainties.
To prepare for 2024, IT leaders must focus on building and improving IT systems. They will be more responsible for scaling productivity. The way would be by deploying newer tools and modifying business models.
They must be aware of trending strategic technologies to boost IT infrastructure to do that. This article covers the crucial strategic tech trends useful for businesses entering 2024.
But first, let’s understand the rising role of IT strategies in enterprises. We also need to see why technologies will be crucial in improving them.
Rising Role of IT Strategies in Enterprises
IT strategy has become a crucial element to lead businesses in definitive ways. Digital transformation forced enterprises to realize the importance of newer technologies for driving their businesses.
Advanced IT strategies are important to building business models. Based on those models, leaders can develop strategies to lead the use of techs, software, tools, platforms, servers, and more.
Aligning these in proper ways helps businesses improve their product and services. The right tech tools will also increase sales customer experiences, impacting productivity.
There are countless reasons enterprises need a dedicated IT strategy. Companies need it to increase productivity. They need to use tools for optimizing costs and increasing efficiency.
So, IT leaders must include or focus on developing crucial elements for IT strategy in 2024.
Here is the checklist for CIOs adopting innovative technology tools for 2024:
- Better User experience: User experience has become critical in every IT strategy. It will require tech integrations into operations to empower user-friendliness, easy-to-use, and effective outcomes. It includes working tools, cloud-based platforms, digital devices, IoT, and systems.
So, for an IT strategy for 2024, user experience should be on a priority list for decision-making.
- Cyber-security: It should be a top priority in an enterprise IT strategy. As tech integrations will be more, IT systems must be more cautious.
So, ensuring the IT strategy works for all important cybersecurity aspects will be crucial. Relevant tools will also help to allocate appropriate resources to keep data safe and secure.
- Enhanced productivity tools:
IT adoption and implementation will help streamline processes, improve efficiencies, and reduce costs. To increase productivity and resilience, tools to enhance productivity will be integrated into IT processes and operations.
While these elements of IT strategy are expected to boom in 2024, here we will see why a tech-first strategy is key to success.
Strategic Technology Trends for 2024
Generative AI is becoming democratized with the help of pre-trained data and models, cloud computing, and open source.
According to Gartner’s report, The 2023 Gartner Hype Cycle for Generative AI, more than 80% of enterprises will use GenAI APIs or deploy GenAI-enabled applications in operations.
Its applications will help IT leaders to create vast sources of information using data and using it for different IT processes. This will create a decentralized framework and connect employees to build democratized expertise in IT strategies for more productivity.
This will use AI technologies, mainly GenAI and machine learning, to help businesses code, design, and test applications. These techs will improve developer productivity and allow teams to explore innovative ways to run business software. The techs will boost application productivity and scale strategies to use apps appropriately.
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Augmented-connected workforce
The need to scale IT strategy will require an augmented-connected workforce (ACWF) strategy. It also uses AI and machine learning to boost intelligent applications and workforce analytics. The insights drawn will be used for enhancing workforce skills across businesses.
In its Top 10 Strategic Tech Trends For 2024 report, Gartner states that approximately 25% of CIOs will use an augmented-connected workforce. It will help them to reduce time and increase competency by 50%. The major tools adopted will be AI and ML-based.
IT leaders will stress building or implementing sustainable technologies to allow environmental, social, and governance (ESG) outcomes. IoT and cloud computing will play key roles in driving sustainable businesses.
In the same report, Gartner predicts that 25% of CIOs will drive sustainable businesses to support sustainable technology impact by 2027.
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Industrial cloud platforms (ICP)
ICPs will address new IT strategy trends in 2024 by providing industry-relevant business initiatives. IT leaders will combine SaaS, PaaS, and IaaS services into product and service offerings by including other cloud platforms and tools at scale.
Wireless technologies in 2024 will offer more potential for generating direct business value. By embracing such techs as IoT, enterprises can improve business costs, increase analytical capabilities, and improve reliability and scalability.
Gartner’s report, Realizing Value from Next-Generation Wireless Technologies, states that 50% of enterprise wireless endpoints will utilize networking services for additional communication by 2025.
Technologies like AR & VR will be key in embracing IT strategy in 2024. IT leaders will implement them to increase customer engagement, facilitate business collaborations, and improve user experiences.
The trend will see the key involvement of Web3, spatial computing, and digital twins in Metaverse-based projects to increase revenue.
Also Read: A Look at Impactful IT Infrastructure and Operations Trends in 2023
What will be the essential IT Strategy Tools for 2024?
With strategic IT technologies, IT leaders should choose the right tools to execute dedicated strategies to improve processes at scale.
They can use the following tools:
- Strategic planning tools
- Strategic management tools
- Tracking tools
- Execution tools
- Strategy analysis tools
- Value chain analysis
Conclusion
Enterprises should prioritize these IT strategy technologies for 2024 to stay competitive and meet evolving business needs.
As tech usage will advance, new challenges and opportunities will also develop. IT leaders and other stakeholders must prepare solutions and adapt to future changes.
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