SHIFT – December 2022

SHIFT - December 2022
Our December issue of SHIFT examines what we can expect to see in the year ahead in terms of business trends, travel, manufacturing and technology.

Get ready for the 5 biggest business trends in 2023

Businesses have faced huge challenges over the past few years, and this won’t slow down in 2023, according to Forbes. Businesses will have to deal with the aftereffects of the global pandemic, Russia’s invasion of Ukraine, economic challenges, as well as an ever-faster development of technologies.

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Business travel costs expected to rise through 2023

The cost of travel surged this year and will likely rise again in 2023, according to according to a report from travel management company CWT and the Global Business Travel Association and reported by CNBC. Business travel airfare is on track to rise nearly 50% this year over 2021, following two years of steep declines, Next year, fares are set to increase more than 8%, the organizations said.

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2023 Manufacturing Industry Outlook

Manufacturing has demonstrated continued strength in 2022, building on the momentum it gained emerging from the pandemic, and surpassing expectations from the prior two years. But while overall demand and production capacity have hit recent highs, the industry is experiencing concerns related to inflation and economic uncertainty. In addition, manufacturers continue to grapple with talent challenges and supply chain issues that may limit the industry’s growth momentum. Deloitte’s 2023 manufacturing industry outlook examines five important trends to consider for manufacturing playbooks in the year ahead.

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7 Trends CIOs must anticipate for the coming year

To prepare technology leaders for what’s to come in 2023, global IT research and advisory firm Info-Tech Research Group has released its 2023 Tech Trends, which reveals seven data-driven trends and findings based on insights from IT professionals, analysts, and industry experts. Reported on in Business Insider, the survey received 813 responses from industry professionals, with over 90% of respondents working in IT departments. The underlying metrics for the 2023 report are diverse, with insights from 16 countries and 15 industries, such as government, professional services, manufacturing, education, healthcare, financial services, telecom and retail.

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Business Insider