This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
While digital initiatives and talent are the board directors’ top strategic business priorities in 2023-2024, IT spending is forecasted to grow by only 2.4% Tech companies have laid off over 250 thousand employees since 2022, and 93% of CEOs report preparing for a US recession over the next 12 to 18 months. DigitalTransformation
Digitaltransformation is indeed a cornerstone of business strategy today, as 89% of enterprises see digital business as core to their growth, according to Gartner’s Board of Directors 2023 Survey. In the earlier phases, digitaltransformation centered on exploring and investing in novel technologies,” Musgrove says.
Once a vanguard business strategy, digitaltransformation has become a perennial objective for business survival. Most CEOs (72%) continue to prioritize digital investments, according to the 2022 CEO Outlook report from KPMG, in part due to concerns about emerging and disruptive technology, a top three risk to organizational growth.
Equinix has +22,760 volunteered community service hours to over 1,700 nonprofits in 2022. Equinix has raised +$2 million in employee donations, corporate matching, and grants in 2022. This partnership is paving the way for innovation in infrastructure, the cloud market, and digitaltransformation.
The future of the supply chain industry will take the emotion out of decision-making by leveraging innovative technology to transform raw data into actionable intelligence. Hannah Testani will teach us more about: How technology will transform and digitize the supply chain and what impacts we’ll see going forward.
The great news is that technological progress and sustainability can go hand in hand—and joint solutions from industry leaders like Equinix and Dell Technologies are helping organizations accelerate their digitaltransformation and business growth, sustainably.
Digitaltransformation has become an essential part of business success. According to TEKsystems’ 2023 State of DigitalTransformation , 41% of organizations’ digitaltransformation (DX) initiatives have failed to achieve their desired outcomes. That’s not digitaltransformation. Others agree.
Removing the physical speaker box on site was a simple concept but a key part of a bigger digitaltransformation Chipotle kicked off in 2018 that led to an explosion in business, in large part because the digital ordering system required less human labor during the pandemic. Chipotle’s digital business in 2022 was $3.5
If you think you’re keeping up, think again: One recent study from research firm Gartner found that the majority of CEOs (59%) say digital initiatives take too long and 52% take too long to realize value. The pressure is on to accelerate digitaltransformation, according to CIOs, researchers, and analysts.
Digitaltransformation has embedded IT at the center of business strategy, making all organizations technology enterprises today, irrespective of their industry. It’s little wonder then that CEOs across the world are attaching high importance to digitaltransformation as a means for achieving their future goals.
Early in 2020, it seemed clear that organizations would continue to invest heavily in analytics to support their digitaltransformations. In July 2020, a KPMG study found that 67% of respondents increased the pace of their digitaltransformation strategy due to the pandemic, with 63% increasing their digitaltransformation budget.
Digitaltransformation is expected to be the top strategic priority for businesses of all sizes and industries, yet organisations find the transformation journey challenging due to digital skill gap, tight budget, or technology resource shortages. Better quality code.
The next generation of successful organisations will be the ones that embrace the potential of digitaltransformation, or so it has been said with increasing frequency in the last decade. Digitaltransformation, then, is a term that reflects the new operational reality for every organisation.
Zulfi Jeevanjee, EVP and CIO, believes the best way to build and align next-generation business processes and modern IT platforms is to build anew, and so he is taking a cloud-first approach to digitaltransformation, dumping out all legacy infrastructure along the way. To fuel its transformation, the Northbrook, Ill.
The pandemic has put digitaltransformation up front and center on the CIO’s agenda over the past few years. According to 2022 State of the CIO study , 85% of CIOs are focusing on transformational initiatives with pre-pandemic levels of technology budget growth. Complexity, the key barrier to digitaltransformation.
2022, he says, “is all about action and execution. The key for success in many of these new digitaltransformation efforts will be collaborating with partners in areas such as technology modernization, security, data, and artificial intelligence (AI). Trent Sanders, director of U.S. 2020 was reaction mode,” he says.
From 2016 to 2022, the company went from processing a payments volume of $354 billion to $1.36 An example of the impact of AI can be seen from 2019 to 2022, when the company’s loss rate reduced by almost half, in part thanks to advances in algorithms and AI technology. trillion last year.
While still pursuing innovation on a parallel track to support remote work and to improve customer, supplier, and employee engagement, companies across sectors are in the midst of a governance cycle to ensure the wave of pandemic-era digital investments are fully optimized and delivering value for the business. Source: State of the CIO, 2022.
All these variables force the need for organizations to transform their security postures to protect against cloud infrastructure vulnerabilities. However, the increased complexity of a distributed application architecture brought on by digitaltransformation continues to challenge even the largest security operations.
Fundamentally, if customers find it too difficult to engage digitally with your business, they’ll engage elsewhere. Digitaltransformation: The implications for network operations Meeting heightened customer expectations is basically what digitaltransformation is all about. DigitalTransformation
Bahrain EDB As cloud adoption grows, its impact on economies and businesses is starting to show that digitaltransformation can make good on the utopian promises of innovation and improved public services. The story of success From the start, the Bahraini government’s digitaltransformation plan was comprehensive and bold.
Increasingly, oil and gas companies are making strategic technology investments to accelerate sustainable digitaltransformation and deliver a competitive advantage. Contact the experts at GDT to learn more about how we can help you accelerate sustainable digitaltransformation. [i]
As the end of 2021 approached, the process of digital acceleration remains in a world turned upside down by a lingering global pandemic. That’s going to change in 2022 with organizations adopting Zero Trust as their MO to shore up their endpoints and protect their data. . What will all this mean for the software world?
According to data from the International Olive Council (IOC) during a 2021-2022 campaign, global consumption stood at 3.2 To achieve these objectives, Deoleo has had to commit to a digitaltransformation process that allows it to achieve operational efficiency and contribute to its sustainability strategy. “We million tons, 2.9%
Technology is a vital component for digitallytransforming businesses. Building Products needed to transform and digitize their core business processes to better support their internal distribution network and digitize sales channels by using SAP CX solutions as one single platform. “To DigitalTransformation
Digitaltransformation has continued to gain space across public and private sectors. Here’s an update on the moves of Australian IT leaders starting from June 2022. Kuret replaces Scott Wall who after four years with BankVic joined Bank Australia as chief transformation officer in June 2022.
To help make it quick and easy for IT leaders to get a reliable snapshot of the enterprise storage trends, we put together this “trends update” for the second half of 2022. We predicted at the start of 2022 that cyber resilience from the storage estate would be critical this year because of the threats of cyberattacks.
CIO ASEAN is proud to launch the CIO75 ASEAN awards for 2022, recognising the top 75 senior technology executives and teams in Southeast Asia and Hong Kong driving innovation and influencing rapid change. The CIO75 ASEAN awards are aligned to Foundry’s global awards program and viewed as a mark of excellence within the enterprise.
CIO ASEAN is proud to launch the CIO75 ASEAN awards for 2022, recognising the top 75 senior technology executives and teams in Southeast Asia and Hong Kong driving innovation and influencing rapid change. The CIO75 ASEAN awards are aligned to Foundry’s global awards program and viewed as a mark of excellence within the enterprise.
Here’s a proposition to consider: among the ranks of large enterprises, commercial success increasingly relies on digitaltransformation. In turn, digitaltransformation relies on modernized enterprise networks that deliver flexibility, performance and availability from the edge to the cloud. Networking.
Digitaltransformation has brought significant adoption of new technology and business models, including cloud solutions, e-commerce platforms, smart devices, and a significantly more distributed workforce. Cost of a Data Breach 2022 Report, IBM Security, July 2022. Learn more about the benefits of consolidation.
DPM makes digitaltransformations easier. Many organizations have tried digitaltransformations, but few initiatives fulfilled the promise. However, almost nine-tenths of respondents, 89%, said DPM makes digitaltransformation easier. With DPM, teams across the organization begin to have the right data.
Interestingly, developing existing talent is the third most cited focus for digitaltransformation — a sign that leaders recognize the importance of preparing employees to work with gen AI. Digitaltransformation harder than ever Despite that emphasis on making the most of AI, banks continue to struggle with digitaltransformation.
Those dynamics are now reshaping the CIO agenda for 2022, forcing many IT leaders to reorganize their list of top concerns. Ever increasing demands for transformation. This growing demand, she says, is an outgrowth of all the digitalization work companies undertook over the past two years in response to the pandemic.
The combination of CarMax’s revolutionary digital business model applied to the used-car business with revolutionary AI tools available to all makes for powerful and profitable business outcomes. Despite the current overall economic slowdown, CarMax’s Q4 2022 revenues rose 48.8% billion overall. That’s the way my team works.
This has pushed many organizations to accelerate their digitaltransformation efforts in order to remain competitive and better serve their constituents — and there is no sign of slowing down. Statista estimates that global investment in digitaltransformation is expected to increase significantly between 2022 and 2025, from $1.8
Huawei kicked off its Huawei Connect 2022 tour in Bangkok as it sets off on a world tour. The massive exhibition brings together ICT leaders, experts, and partners to unleash digital productivity, build stronger digital ecosystems, and promote the digital economy. Connecting technology with transformation.
As businesses digitallytransform and leverage technology such as artificial intelligence, the volume of data they rely on is increasing at an unprecedented pace. Meanwhile, F oundry’s Digital Business Research shows 38% of organizations surveyed are increasing spend on Big Data projects. Find out more on the Veeam website. [1]
Global spending on cloud infrastructure services increased by 34% to a total of nearly $56 billion in the first quarter of 2022, driven by the need for resiliency and flexibility as businesses face supply chain problems and geopolitical upheaval, according to a report released Friday by analyst firm Canalys.
Since 2022, the tech industry has experienced massive layoffs, as large tech companies have reduced their workforce numbers in response to rising interest rates and emerging generative AI technology. Then, in 2022, as pandemic restrictions began to lift, the US Federal Reserve hiked interest rates in response to historic levels of inflation.
GITEX GLOBAL is the largest event for global enterprise and government technology, with public digitaltransformation top of the agenda. Over the past decade, Huawei has been involved in over 700 cities and 100 countries in terms of public services and transformation. Do you have a digital and data strategy in place?
Nearly two thirds of IT leaders (63%) say that a “lack of skills has delayed digitaltransformation initiatives, most by an average of three to 10 months,” according to IDC. Developing the skills necessary to support transformation initiatives builds business resiliency.
Resilient cybersecurity Despite the clamour for new digital investments, Gartner’s analysts did recognise that this would represent a new cybersecurity risk, with some attributing the increased spending in security over the next year down to ongoing uncertainty regarding Russia’s invasion of Ukraine. global inflation rate.
In summer 2022, P&G sealed a multiyear partnership with Microsoft to transform P&G’s digital manufacturing platform. Artificial Intelligence, DigitalTransformation, Manufacturing Industry Its brands are household names, including Charmin, Crest, Dawn, Febreze, Gillette, Olay, Pampers, and Tide.
We organize all of the trending information in your field so you don't have to. Join 42,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content