Aalibaba unveils top technology trend forecasting for 2023

Aalibaba unveils top technology trend forecasting for 2023

Dubai, UAE - Alibaba DAMO Academy (“DAMO”), the global research initiative by Alibaba Group, has shared its annual forecasting of the leading technology trends that could shape many industries in the years ahead.

Among the leading technology trends, Generative AI, which has already gained considerable traction, is expected to make further strides with its growing applications set to transform how digital content is produced. Aided by future technological advancements and cost reductions, Generative AI will become an inclusive technology that can significantly enhance the variety, creativity and efficiency of content creation, according to DAMO.

Another important emerging technology is dual-engine decision intelligence. Supported by both operations optimization and machine learning, the dual-engine decision intelligence system enables the dynamic, comprehensive and real-time resource allocation, such as real-time electricity dispatching, optimization of port throughput, assignment of airport stands and improvements in manufacturing processes. As such, the technology can also help businesses enhance operational efficiency.

Cloud computing and security is predicted to continue playing a key role in businesses’ digital transformation. As security technologies and cloud computing are becoming more integrated than ever before, security services have embraced the shift to become more cloud native, platform-oriented and intelligent.

Other rising trends in DAMO’s forecast include pre-trained multimodal