Top 5 Emerging Technology Trends Entrepreneurs Should Follow In 2024

Technology is an ever-changing beast. From everyday uses like smartphones and computer software to specialist uses, technology has enhanced and shaped society. As this continues to penetrate the business world, it is a good idea …

Technology

Technology is an ever-changing beast. From everyday uses like smartphones and computer software to specialist uses, technology has enhanced and shaped society. As this continues to penetrate the business world, it is a good idea to seek legal advice when it comes to integrating technology into your business.

As a business, there are many different ways in which technology can improve your way of working. With 2024 underway, here are some trends that you may want to take advantage of as the year progresses.

Generative AI

For some people, just talking about artificial intelligence makes them feel nervous and a bit overwhelmed, but AI has cemented its place in society and business.

Generative AI is the term for algorithms that create new content such as text, audio and images. This form of AI has been a trend on social media with users marvelling at the ability to change and create photos of people in different scenarios.

Generative AI could be a great way for you to produce content for your website, create buzz about your product and produce images that will entice potential customers in.

Sustainable technology

Sustainability is a huge draw for both customers and potential business investors. Large and small companies alike are looking at ways to reduce their carbon footprints.

You may want to utilise carbon tracking software so you can be aware of your impact and any high-emission zones. This then means you can start to find ways to improve particular processes or treatments in your manufacturing, for example.

Cybersecurity

Keeping your digital assets secure has never been more important. As cyber threats get smarter and harder to detect, technology is having to match that pace.

One aspect of this could be having fully automated procedures that can keep the company running if staff are unable to get to a physical location. Although this doesn’t immediately scream that it is a security measure, it is in terms of security for the future of your business.

Quantum computing

Quantum computers are able to complete vast numbers of calculations whilst utilising elements of quantum physics. The result is a quicker problem-solving process when it comes to developing hardware or applications.

The security and finance industries are also jumping on this technology, with hopes that it will help transmit data securely.

Industry Cloud platforms

Cloud storage has been a staple for businesses for a number of years now. The ability to store data digitally has freed up a lot of man-hours and costs, as retrieving that information is almost instantaneous.

The aim of these platforms is to simplify day-to-day processes and allow you to focus on larger goals. They contain a number of different industry-specific solutions that you can take advantage of.