As we step into 2024, organizations are navigating an increasingly complex and rapidly evolving technological landscape. Gartner’s latest insights highlight several strategic technology trends that are set to drive significant disruption and opportunity over the next few years. Here are the top five trends that businesses should prioritize to stay ahead. 

1. AI Trust, Risk, and Security Management (AI TRiSM) 

The rapid democratization of AI has underscored the critical need for robust AI governance frameworks. AI Trust, Risk, and Security Management (AI TRiSM) focuses on safeguarding AI models through comprehensive risk management and security protocols. This trend encompasses tools for proactive data protection, AI-specific security, model monitoring, and risk controls for AI inputs and outputs. By 2026, organizations that implement AI TRiSM are predicted to eliminate up to 80% of faulty and illegitimate information, significantly enhancing decision-making accuracy​ (Gartner)​​ (Gartner)​. 

2. Continuous Threat Exposure Management (CTEM) 

With cyber threats becoming increasingly sophisticated, Continuous Threat Exposure Management (CTEM) has emerged as a vital strategy for maintaining robust security postures. CTEM involves the continuous and systematic evaluation of an organization’s digital and physical assets to identify vulnerabilities and potential threats. By aligning threat assessments with business priorities, CTEM helps organizations prioritize security investments effectively. Gartner predicts that by 2026, companies adopting CTEM will see a two-thirds reduction in security breaches​ (Gartner)​​ (Gartner)​. 

3. Sustainable Technology 

Sustainability is no longer a niche concern but a core business imperative. Sustainable technology integrates digital solutions that support environmental, social, and governance (ESG) goals. This trend aims to make IT operations more efficient, circular, and sustainable, addressing the growing concerns over energy consumption and environmental impact. By 2027, it is expected that 25% of CIOs will have their compensation linked to their organization’s sustainable technology impact, driving significant changes in how IT resources are managed and deployed​ (Gartner)​​ (Gartner)​. 

4. Platform Engineering 

Platform engineering is transforming how organizations develop and deliver software. This trend involves creating self-service internal development platforms designed to enhance productivity, improve user experience, and accelerate the delivery of business value. These platforms are maintained by dedicated product teams and tailored to meet the specific needs of users, fostering a more efficient and responsive development environment. Platform engineering helps streamline processes and supports the rapid deployment of innovative solutions​ (Gartner)​​ (Gartner)​. 

5. Industry Cloud Platforms 

Industry cloud platforms are set to revolutionize how businesses leverage cloud technology. These platforms combine SaaS, PaaS, and IaaS services to offer industry-specific solutions that address unique sectoral requirements. By providing composable capabilities, industry cloud platforms enable organizations to rapidly adapt to industry disruptions and drive business initiatives. Gartner forecasts that by 2027, over 70% of enterprises will use these platforms to accelerate their business strategies, up from less than 15% in 2023​ (Gartner)​​ (Gartner)​. 

Conclusion 

The strategic technology trends for 2024 emphasize the importance of security, sustainability, and specialized platforms in driving business success. Organizations that embrace these trends will be better positioned to navigate the challenges of a rapidly changing technological landscape, ensuring they remain competitive and innovative in the years to come. As businesses plan their technology investments, focusing on these key trends will be essential for achieving long-term growth and resilience. 

For more insights and personalized solutions tailored to your business needs, connect with us at TheCoded Inc. Our experts are ready to help you navigate the technological trends and ensure your organization stays ahead of the curve. Contact us today to learn how we can support your digital transformation journey and drive your business success.