My top 10 technology trends for 2023

Top 10 Technology Trends for 2023-2024 Based on Salary

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On behalf of Global SharePoint, we wish you a very happy new year 2023. My top 10 technology trends for 2023 are: I’ll begin with Microsoft CEO Satya Nadella’s ignite 2022 motto, “Do more with less.” Post-pandemic businesses are running normally, and busyness is at a very fast pace. As professionals, we must embrace new technology in order to compete in today’s world.

My top 10 technology trends for 2023 – 2024

In 2022-2023, many technologies are up trending, below are my list:

  1. Power Platform (Power Apps, Power Page, Power Automate, Power BI)
  2. Artificial Intelligence (AI) and Machine Learning (ML)
  3. Robotic Process Automation (RPA)
  4. Cybersecurity
  5. Full Stack Development
  6. Blockchain
  7. DevOps
  8. AI-as-a-Service
  9. Cloud computing
  10. Edge computing

Power Platform (Power Apps, Power Page, Power Automate, Power BI, Virtual Agent)

From the Microsoft tech stack, the Power platform is one of the most demanded platforms and consists of a couple of technologies like Power Apps, Power Automate, Power Page, Power BI, Virtual Agent, etc. The Power platform’s theme is to do more with less effort by utilizing drag-and-drop controls. Not only this, it empowers the employee; now the citizen developer can develop Power platform-based solutions.

Top 10 Trending Technology - Power Platform (Power Apps, Power Page, Power Automate, Power BI, Virtual Agent)
Power Platform (Power Apps, Power Page, Power Automate, Power BI, Virtual Agent)

It has a large scope of work in 2023 and beyond; the Power Platform will rule the industry in low-code and no-code environments.

Brief market highlights of the Power Platform

  • Over 7 million people are now actively using the Power Platform.
  • 500 million new apps will be built in the next five years.
  • 86% of organizations struggle to find technical talents.
  • 65% of the tools in our future will have to be built using low- or no-code tools.
  • Would it surprise you to learn that the number of Power Platform users is increasing threefold every year?

Average annual salary for a power platform developer in the United States

How much does a platform developer make in the United States? As of today, the average platform developer approximate salary in the United States was $166,671, with a salary range of $141,125 to $202,643 (the annual average salary).

Power Platform job roles

If you are a master on the Power platform, you can get a job for the following roles:

  • Power platform developer
  • Power platform architect
  • Power Apps developer
  • Power Automate developer
  • Power BI developer, and many more

Artificial Intelligence (AI) and Machine Learning (ML)

Artificial intelligence, also known as AI, started its journey a decade ago. Nonetheless, it will top the technology list in 2023 and subsequent years. The use of AI technology can be seen in image and speech recognition, navigation apps, smartphone personal assistance, ride-sharing apps, voice assistants like Alexa and Siri, and much more.

With the huge and growing demand for AI across sectors, there will be lots of new jobs in development, programming, testing, support and maintenance, and many more.

Top 10 technology trends for 2023 - Artificial Intelligence (AI) and Machine Learning (ML)
Artificial Intelligence (AI) and Machine Learning (ML)

Machine learning, also known as ML, is a part of or subset of AI. The usage of ML is seen across all industry sectors.

Average annual salary for an artificial intelligence professional in the United States

Due to the huge demand for AI in the market, it offers handsome salaries ranging from $115,000 for entry-level positions to $205,000 for experienced professionals (the average annual salary in the USA), making it the top technology trend you must check out in 2023!

The global AI market is expected to reach $1,597.1 billion by 2030, according to Precedence Research. These days, with the way AI is spreading its usage in various industries and sectors, we can expect many new jobs in development, testing, architecture, engineering, and many other areas. Top technology giants like Facebook, Google, etc. are putting AI in front of everything.

Artificial Intelligence job roles

If you are a master in AI and ML, you can get a job in one of the following roles:

  • AI Engineer
  • AI Architect
  • Machine Learning Engineer
  • AI data scientist

Robotic Process Automation (RPA)

Robotic process automation, also known as RPA, is a business process automation technology that is developed based on artificial intelligence (AI) or metaphorical software robots (bots). It is used to automate business processes such as interpreting applications, dealing with various types of business data, processing transactions, and automating email replies. This is essentially doing the same repetitive jobs that people do every day. So it is similar to artificial intelligence (AI).

Top 10 technology trends for 2023 - Robotic Process Automation (RPA)
Robotic Process Automation (RPA)

Average annual salary for a RPA developer in the United States

In the United States, the average approximate annual salary for an RPA developer is $108,295 per year.

Robotic Process Automation (RPA) market size [2022–2029] in the amount of USD 43.52 billion.

Robotic process automation (RPA) job roles

Robotic process automation (RPA) has a huge demand in the job market. RPA offers the below job roles:

  • RPA Developer
  • RPA Analyst
  • RPA Architect

Cybersecurity

Cybersecurity is also known as information technology security; the purpose of this technology is to protect a company’s data from illegal access. A “threat to data, assets, or information” occurs when someone or something attempts to gain unauthorized access to your company’s data, network, or application. This threat could be internal to the office or external, originating outside the network. So, it is very important to keep the company’s data and assets in a very safe mode.

Top 10 technology trends for 2023 - Cybersecurity
Cybersecurity

The annual average salary in the US for cybersecurity professionals

The average approximate annual cyber security professional salary in the USA is $119,642 (per year), or $57.52 per hour. Entry-level positions start at $92,467 per year, while experienced professionals make up to $164,631 per year.

The revenue in the cybersecurity market is expected to reach US$69.65 billion in 2023. The market’s biggest sector is security services, with an estimated market volume of US$36.54 billion in 2023.

Cybersecurity job roles

These days, cybersecurity has a wide range of job scopes. If you are a master of this technology, you can get the following job titles:

  • Security Engineer
  • Chief Security Officer
  • Ethical Hacker
  • Malware Analyst

Full Stack Development

This is not a technology but a combination of many technologies. It is one of the most in-demand jobs in today’s market. Basically, the role of a full stack developer is to be responsible for the end-to-end software development process, like developing the front end for the user interface and the back end for handling the business logic.

Top 10 technology trends for 2023 - Full Stack Development
Full Stack Development

To be a full-stack developer, one must be an expert in both front-end and back-end technologies, as well as have experience developing and consuming APIs.

The annual average salary of a full stack developer in the U.S.

In the United States, the average approximate annual salary for a Full Stack Developer is $103,750.

Full stack developer job roles

Full-stack developer job roles could include the following:

  • Full-Stack Developer
  • Full-Stack Analyst
  • Full-stack Data Analyst
  • Full-Stack Architect

Blockchain

It also has very high demand in today’s job market. It uses distributed ledger technology (DLT) to securely maintain the data, where one block can be linked to another and a new block can always be added to the list but cannot be removed, making the data more secure using cryptography.

Blockchain - Top 10 technology trends for 2023
Blockchain

No one can control your data on the blockchain; your data is in a very safe place, so you don’t need to incur overhead to manage it by investing in another third-party technology.

The average annual blockchain developer salary in the U.S.

The average approximate blockchain developer salary in the USA is $146,025 per year, or $70.20 per hour. The entry-level positions start at $121,875 per year, while most experienced professionals can earn up to $180,100 per year.

As per Gartner, the value of blockchain on the market will increase quickly, hitting $176 billion by 2025 and $3.1 trillion by 2030.

Blockchain developer job roles

You can get the following jobs by mastering blockchain:

  • Front-End Engineer
  • Risk Analyst
  • Tech Architect
  • Crypto Community Manager

DevOps

DevOps is not a technology; it is a set of practices that follow in the software development life cycle to speed up the IT operation. It shortens the software development life cycle through continuous delivery of high-quality software.

DevOps is complementary to Agile (Scrum methodology) software development. By practicing DevOps, we can deliver high-quality, scalable software with zero downtime very securely through the DevOps CI/CD pipeline process. It completely automates the system development process from one environment to another (like from Dev->Test->Stage->Production).

DevOps - Top 10 technology trends for 2023
DevOps

DevOps job scopes are in high demand in the IT industry these days. When an IT company reduces its reliance on on-premise hosting services and shifts to the Azure cloud, the demand for DevOps grows dramatically.

And the beauty of DevOps is that it doesn’t require programming or coding experience, so professionals from other sectors like IT operations (System Engineer, Network Engineer, System Administrator, or Analyst) can easily switch to DevOps. Even software developers who are not proficient in coding can easily transition to DevOps by taking courses.

The average annual DevOps developer salary in the U.S.

The average DevOps salary in the US is approximately $105,017 per year; more experienced engineers can make up to around $160,000 per year.

DevOps developer or engineer job roles

DevOps offers the following job roles, and if you master DevOps, you can get the following jobs:

  • DevOps, or Platform Engineer
  • Data Analyst
  • Build Engineer
  • Reliability Engineer
  • Release Manager
  • Product Manager

AI-as-a-Service

We’ve all heard of “software as a service” (SaaS) and “platform as a service” (PaaS), and businesses are increasingly utilizing these services. The businesses want to achieve more with less time and investment. And, as we saw, the need for artificial intelligence is growing across all industries, so instead of developing their own AI-based software, companies can take advantage of the AI services offered by other companies, allowing them to focus on something else for their business while still running it with some effort. This is the fundamental requirement for artificial intelligence as a service (AI-as-a-Service).

AI-as-a-Service - Top 10 technology trends for 2023
AI-as-a-Service

Though software as a service (SaaS) has attracted the largest global investment to date, artificial intelligence as a service (IaaS) and platform as a service (PaaS) are expected to grow faster in the coming years. The beauty of artificial intelligence as a service (IaaS) is that it doesn’t need concrete tech skills, and the other advantages are that it uses advanced infrastructure that makes it faster and maintains transparency and scalability.

Below are a few examples of companies that offer artificial intelligence as a service (IaaS):

AI-as-a-service (AI Engineer) salary in US

The approximate average annual AI engineer salary in the US is over $110K.

AI-as-a-service (AI Engineer) job roles

Below are some of the job roles that artificial intelligence as a service (IaaS) offers:

  • Data scientist.
  • Research scientist.
  • Software development engineer.
  • Software engineer.

Cloud computing

In a nutshell, cloud computing is the delivery of computing services such as servers, storage, databases, networking, software, analytics, and intelligence—all of your resources and works, data, and applications are hosted on the cloud and can be accessed at lightning speed from anywhere. To store the data and services, cloud computing uses various data centers across the globe. Because of the way this is built, your data will be at the nearest virtual data center, which makes the service very fast, flexible, and scalable.

Cloud computing - Top 10 technology trends for 2023
Cloud computing

Average annual salary in cloud computing in the United States

The average annual approximate salary for a cloud engineer is $122719 per year in the United States.

Cloud computing job roles

Cloud computing has very high demand in today’s job market. You can get the following job roles in cloud computing:

  • Cloud Administrator
  • Cloud Support Engineer
  • Cloud Security Analyst
  • Cloud Network Engineer
  • Cloud Engineer
  • Cloud Consultant
  • Cloud Architect
  • Cloud Software Architect
  • Cloud Solution Architect
  • Cloud Security Architect
  • Cloud Enterprise Architect
  • Cloud Software Engineer
  • DevOps Cloud Engineer
  • Data Science Engineer
  • Cloud Automation Engineer, and many more

Edge Computing

Edge Computing is a subset of cloud computing and a type of distributed computing. It is also one of the cloud services; it is a cloud service architecture rather than a specific technology and topology. Edge is about processing the data hosted in the cloud at greater speeds and volumes, leading to faster availability of the data. So, we can say edge computing is a distributed computing algorithm that brings computation and data storage closer to the sources of the data.

Edge computing - Top 10 technology trends for 2023
Edge computing

Average annual salary in edge computing in the United States

The average annual approximate salary for a cloud engineer is $122719 per year in the United States, which is almost as much as cloud computing.

Edge computing job roles

Both cloud and edge computing have a high demand for job requirements in today’s job market. By mastering edge computing, you can get the below jobs:

  • Cloud Reliability Engineer
  • Cloud Infrastructure Engineer
  • Cloud Architect and Security Architect
  • DevOps Cloud Engineer
  • Cloud Software Engineer
  • Cloud Data Engineer
  • Cloud Data Scientist, and many others

Summary: My top 10 technology trends for 2023

Thus, in this article, we learned about the top ten technologies that we should focus on in 2023 for the upcoming years to stay current on the learning technology that will help us get high-paying and secure jobs in the IT industry using cutting-edge technology.

See Also: Power Automate Articles Hub (with real-time example)

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