Trends Reshaping Tech Industry in 2023

Posted on December 29, 2022 | by TeresaPenafiel | 9 Comments

Many organizations had anticipated that the post-pandemic growth would continue in 2022. Instead, they experienced a harsh awakening due to broad increases in inflation, energy shortages, and the decline of the tech sector.

Due to this challenging economic landscape, it is an excellent moment to modify how we conduct business and a pivotal time to adopt new technological solutions that aid organizations in navigating these times and utilizing them as a competitive advantage.

We examine the technological changes that will impact business in 2023 and recommend that you keep up with them.

6 Technology Trends Reshaping 2023

1. AI and Security Everywhere

Securing the data transmitted across smart grids will be one of the important themes for 2023, closely related to IoT devices. Companies will prioritize enhancing these gadgets’ security capabilities, and artificial intelligence will play a key role in this effort.

With the development of 5G, more gadgets will be able to connect, and communications will be faster. AI and machine learning enable decision-making processes to be swiftly automated and enable the creation of patterns from incomplete or altered data, bringing a more proactive approach to security solutions.

The algorithms gain knowledge from reliable threat data, which enables them to identify risks more quickly, achieve a low margin of error, foresee potential threats, and assist cybersecurity professionals in developing stronger policies.

2. Wearable Medical Devices

By 2023, more people will be using wearable technology to check their personal fitness and health and monitor patients from a distance. The IoMT (Internet of Medical Things) has grown quickly in recent years from basic monitoring devices for vital signs like heart rate and blood oxygen levels to smartwatches with ECG capabilities, smart textiles that can detect blood pressure and foretell the likelihood of heart attacks, and smart gloves that can lessen Parkinson’s disease patient’s tremors.

In addition to physical sickness, there is an increasing focus on creating wearable technology that is able to track and identify symptoms of mental illnesses. We may soon start to see medical wearables including some of this capability, as research published this year demonstrated how physical indications like activity levels, sleep patterns, and heart rate may be used to determine when people may be at risk of depression.

3. Internet of Behavior (IoB)

A new communication protocol and ecosystem called the Internet of Behavior (IoB) are being created to make it possible to track, manage, and model human behavior. In essence, it’s an expansion of the Internet that will enable technology to respond to human emotion by observing how users interact with their digital tools. It could be applied in professional contexts as a means to track and comprehend the client experience.

This technology will enable companies to more accurately predict client behavior, making it one of the newest trends in software development.
IoB makes use of applications, sensors, wearables, and other tools to gather information about how users interact with their devices and turn that information into useful business data. The technology has been released gradually over the past few years, and some reports claim that by 2030, it will be worth $2 trillion.

4. Virtualizing the Clinical Trial

The path to commercialization for potentially life-saving medications and therapies is steep.

A successful medicine takes 10+ years and $2.6B on average to study, develop, and commercialize. A new method of cutting costs and speeding up timelines while minimizing the danger to human or animal test subjects is the silico trial, which uses computational models to predict how a medicine, medical device, or intervention will influence a virtual population.

Although the technology is still at an early stage, medical devices and pharmaceutical companies have recently begun to employ it more frequently.

5. Development of Autonomous Systems

Business leaders will keep developing autonomous systems, notably in the delivery and logistics sectors. Many warehouses and factories have already attained partial or complete autonomy.

By 2023, more autonomous cars, ships, and delivery robots will be on the road and more automated factories and warehouses.

6. Growth of Python

Python is a language that may be used for any type of modern development. This language is applied for web development, mobile development, or enterprise projects. Indeed, python’s capacity to enable performing sophisticated mathematical operations, data analysis, machine learning, and neural network construction sets it apart from other universal languages.

After Java and C, the language is now ranked third in terms of popularity. Its growth rate is incredible; the demand for the language doubled. Additionally, Python doesn’t take long to learn and may be used for very complicated projects by programmers with higher degrees of expertise.

To sum up, businesses that are focused on innovation and quickly adopt new technologies stand out from the competition when times are rough. Nothing will change in 2023. Businesses that are prepared to try out new technologies and invest in building infrastructures to support these experiments without putting customers at risk will succeed.

About ITJ
ITJ is devoted to serving fast-growing and high-value market sectors, particularly the Internet of Medical Things (IoMT), working with innovative medical device companies looking to improve people’s lives. With a unique BOT (build, operate, and transfer) model that sources only the best digital talent available, ITJ enables companies in the US to create technology centers of excellence in Mexico. For more information, visit www.itj.com.

7 Advantages of Working from Home

Posted on December 22, 2022 | by TeresaPenafiel | 7 Comments

What started out as a drastic countermeasure to the abrupt and broad disruptions brought on by the pandemic has evolved into a thorough evaluation of worker productivity, management, and work-life balance. Working from home is a new lifestyle that has quickly grown in popularity, not only in the US but around the world.

According to a recent research, 73% of all teams will likely employ remote workers by 2028. This new normal has reached everyone, from entry-level employees to business leaders in small and big corporations, and striking strong the foundations of the traditional business model.

Let’s dive into some of the principle reasons why major organizations are shifting to remote work:

Benefits of Working from Home

Today, remote work is a crucial component of business operations and offers a number of advantages:

1. Better Work-Life Balance

It represents the clincher for accepting a job offer. Having a better work-life balance is among the top priorities job seekers have in mind nowadays.

Many remote jobs also provide flexible timetables, allowing employees to begin and stop their days whenever they like as long as their work is finished and produces positive results. This control over job schedules can be really helpful for taking care of personal life requirements.

2. Higher productivity

Especially at the beginning of remote work implementation, this was debatable. But now, as multiple studies have concluded the same, working from home equals higher productivity.

According to this report, remote workers were 13% more productive than their peers in offices. Furthermore, employee productivity is increased when they work from home since they are not interrupted by a long commute or workplace distractions.

3. Location Independence

One of the many advantages of working from home is having access to a wider variety of employment options that are not location-based. Job seekers in rural and small-town areas may find this to be very beneficial.

Pre-pandemic, totally remote employees could travel and live as digital nomads while maintaining a fulfilling career because they had no fixed place of employment. Moreover, as borders start to open up, a full nomad lifestyle is now on hold, but it’s still a distinct benefit.

4. Added Potential for Inclusivity

Many avenues are opened by the possibility of remote labor, particularly for people who have disabilities. For such workers, some advantages of remote work include the freedom to be one’s true self in the convenience of one’s own home and fewer physical obstacles when it comes to getting to and about the office.

Additionally, since they won’t have to commute anymore, they have more freedom when it comes to scheduling appointments and being able to apply for employment they wouldn’t otherwise be able to find locally.

5. Reduced Outside Spending

Half-time remote workers can save about $4,000 annually. Spending on things like gas, auto upkeep, travel, parking, a business wardrobe, lunches out, and more can be cut back on or completely eliminated. Savings like these build up and put more money in your pocket.

6. Less Commute Stress

The average commute time in the United States is 27.1 minutes, which equates to about an hour per day spent traveling to and from work. The Auto Insurance Center estimates that commuters spend around 100 hours traveling and 41 hours in traffic each year.

But wasting time commuting is just one of the downsides of getting to and from work. One-way commute times of more than 30 minutes are linked to higher levels of tension and anxiety, and studies show that daily commutes of more than 10 miles are linked to conditions like higher cholesterol, elevated blood sugar, and an increased chance of depression.

7. Positive Environmental Impact

Before the epidemic, there were 3.9 million employees who worked from home at least half the time, resulting in a reduction in greenhouse gas emissions of more than 600,000 cars for a whole year. For people who work from home at least some of the time, an astounding 7.8 billion vehicle miles are saved annually, along with 3 million tons of greenhouse gases (GHG) and $980 million in oil savings.

Tech culture’s recent shift from big companies to startups is largely due to work-from-home flexibility. Remote work saves time and money for everyone involved and strengthens the team thanks to increased productivity, employee satisfaction, and overall corporate culture.

If the aforementioned advantages have motivated you, look no further; view our open listings to discover remote jobs.

About ITJ

ITJ is devoted to serving fast-growing and high-value market sectors, particularly the Internet of Medical Things (IoMT), working with innovative medical device companies looking to improve people’s lives. With a unique BOT (build, operate, and transfer) model that sources only the best digital talent available, ITJ enables companies in the US to create technology centers of excellence in Mexico. For more information, visit www.itj.com.

Technology in Healthcare: Trends that came to stay

Posted on December 16, 2022 | by TeresaPenafiel | 10 Comments

Technologies have been transforming the healthcare industry over the past years through numerous advancements in disease detection, treatment, and prevention. Simply, this couldn’t have occurred without the rapid development of AI-driven technology and the digitization of healthcare workflows in response to more harsh global conditions and the increased need for affordable and high-quality medical treatment.

It’s crucial to keep an eye on the trends influencing healthcare technology in 2023 as we move forward. Modern hospitals and care facilities rely heavily on legacy infrastructure and software, but it’s necessary to think about how those systems might be integrated with newer technology or eventually replaced by more dependable ones. Performance, productivity, efficiency, and security improvements should be prioritized without compromising dependability or accessibility.

Let’s take a look at the most significant technologies that can revolutionize businesses pushing the healthcare industry toward digital transformation this year:

Healthtech Trends for 2023

1. AI in Healthcare

Artificial intelligence has gained a lot of attention as a practical technology in 2022 across several industries, particularly in healthcare.

AI Cancer Diagnostics

For many years, a biopsy was the only effective way to diagnose malignant illnesses. This does not, however, give a complete image of the organ tissue. Digital scans of a particular region that may be impacted by cell mutations are a key component of contemporary histopathology techniques. The use of whole slide images (WSI) at once allows pathologists to investigate far bigger areas of human organisms.

The enormous resolution of the image makes using WSI seem difficult. Even though WSI scans are very enlightening, they need hours of meticulous zooming in and out and scrolling from region to area before inspection findings can be seen. As a result, AI programs that process WSI using convolutional neural networks and computer vision have begun to appear.

AI in Drug Development and Diagnosis

There are several uses for artificial intelligence that go beyond pandemic treatment and response. AI hugely impacts how quickly information is processed and decisions are made. Furthermore, machine learning has a huge impact on the healthcare sector’s ability to generate new medications and improve the effectiveness of diagnostic procedures.

Data is Key in AI for Healthcare

Data is the key component driving artificial intelligence’s success in the healthcare industry, particularly training data. Moreover, the caliber of the training dataset determines how well machine learning software performs. The model will function better with the better quality and range of data each provider offers. Your AI team must consist of skilled software developers and data scientists who can collaborate to deliver the best outcomes.

Are you in need of skilled software engineering talent? Contact us, we build your A+ team of experts.

2. Extended Reality in Medical Environments

The healthcare industry offers a lot of promise for extended reality, a broad phrase that encompasses augmented reality (AR), virtual reality (VR), and mixed reality (MR). AR and VR technology have the potential to significantly advance the health tech sector, from telehealth applications to assisting in surgery.

AR and MR in healthcare

Multiple healthcare settings benefit from augmented reality and mixed reality. The use of mixed reality headsets by surgeons, such as the Microsoft Hololens 2, is one of this technology’s most well-liked and practical applications. While using both hands during the procedure, the surgeon can receive heads-up information from the headset.

This advanced knowledge not only enhances these operations but it also becomes a cooperative, distant effort and aid in training. Other doctors are able to watch the procedure through the head-mounted camera view of the headset and provide guidance.

Metaverse: Hype or the Future?

There is a heated argument about whether Facebook’s switch to Meta and emphasis on shared virtual reality experiences is appropriate. It is ultimately up to you whether or not you are willing to invest in this. Virtual reality in healthcare contexts has considerable promise, even if the metaverse is greatly exaggerated.

3. The Development of Remote Care and Telemedicine

Since the start of the pandemic in 2020, telehealth has advanced significantly. By 2023, medical professionals frequently consult with patients through video conferences to address their issues and offer guidance. This is now supported by much better infrastructure. By 2026, telehealth is anticipated to reach a value of $185.6 billion. What does the future hold in light of that?

Compliance with Regulations

One of the most crucial concerns with telemedicine is HIPAA compliance before we even think about that possibility. It’s critical for healthcare professionals to think carefully about the applications they are using to connect with their patients, even though some limitations were relaxed during the pandemic’s peak in 2020. Are they accredited to handle confidential health information and secure it?

Data Storage and Cloud Hosting

Although most cloud storage systems are quite safe, they may not always adhere to government requirements regarding protected health information. Maintaining functionality and efficiency for any healthcare organization requiring electronic health records requires HIPAA-compliant cloud hosting solutions (EVR).

However, there are other features that are advantageous for your company besides teleconferencing and data hosting. Other potential helpful elements include security, location services, appointment management, secure messaging, healthcare provider evaluations, visit history and wearable connectivity.

4. Wearables and IoMT

The potential of wearables and Internet of Things (IoT) technology in the healthcare sector has considerably increased. Many now refer to this microprocessing trend as the “Internet of Medical Things” for use in telemedicine and telehealth applications.

At the beginning of 2021, 11.3 billion IoT devices were online. The market for IoT medical devices is anticipated to grow from USD 26.5 billion in 2021 to USD 94.2 billion by 2026. IoMT cannot be disregarded as the healthcare sector becomes more interconnected thanks to these technologies.

Wanna know more about the IoMT implications and market? Visit Advances in IoMT 2022.

Healthcare technology will continue to advance in all areas as 2023 approaches. Despite industry-wide security improvements, threats are always changing and must be dealt with through prevention rather than reaction. Because of ground-breaking and developing technologies like artificial intelligence, machine learning, and extended reality, the quality and effectiveness of healthcare will keep improving.

Time and money are both at stake when selecting how to update your healthcare company. It’s crucial that you work with the best group of software developers who are aware of your requirements and goals.

Reach out to begin a dialogue and then develop a plan of action!