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IDC’s Sustainability Readiness Survey (July/August 2023) also found that organizations worldwide have improved in their environmental sustainability efforts over the past few years. What’s more, sustainability remains high on the C-suite agenda. An operationalized carbon-neutral strategy requires end-to-end visibility on climate data.
In this report, the news about technology investments was surprisingly upbeat. Despite national news about increased costs, economic uncertainty, and more reports of technology firm layoffs, respondents indicated that they were planning to spend more IT budget in 2023, not less. To learn more, visit us here.
CIOs confronted a host of issues over the past year, with economic, political, and technology events creating both uncertainties and opportunities for organizations across all sectors. Curious about what it all meant, we asked IT leaders to look back on the somewhat tumultuous year and reflect on what they learned.
As of February 2, 2024, the employee count stood at approximately 120,000, declining from the 133,000 recorded in February 2023. The second point is that while we’re seeing significant layoffs across Silicon Valley and IT companies worldwide, most still report good results, unlike Dell.”
According to the 2023 State of the CIO research , which surveyed 837 IT leaders and 201 line of business (LOB) participants, functional and transformational work consumed the bulk of IT leaders’ time this year, much the same as 2022. Chief security officers and chief analytics officers are also more likely to report into IT leadership.
Enterprises’ cost optimization to persist for next two quarters AWS expects the slowdown in customer spending to persist for at least the first half of fiscal year 2023, spanning the next two quarters. “As Note that Microsoft does not separately report Azure revenue. In Q4, Google Cloud reported revenue of $7.3
A growing number of workers worldwide are considering changing employers within the next year due to rising workloads and the rapid pace of technological change, surpassing the levels seen during the “Great Resignation” of 2022, a report by PwC said. This sense of uncertainty appears to coincide with rising workloads.
According to IDC, more than 1800 managed services deals were signed in 2023 worth $100 billion in total contract value or TCV. Although the total number of deals declined in 2023 compared to the previous year, the average deal size remained constant, the report said. billion, IDC said.
It’s nearing the end of the summer in North America, and one report has been a staple on my reading list for more than a decade: the Flexera State of the Cloud Report. I’ve referenced the latest iteration of the report dozens of times since its inception. 89% of respondents report using multiple clouds, up from 87% in 2023.
2023 was a year made notable by a range of unexpected, unpredictable, and fast-moving challenges that, despite seemingly having little to do with technology, had profound impacts on IT strategies. To guide an organization through uncertainty, IT leaders must help ensure everyone in the company is on the same page, Srivastava says.
Atos CEO Yves Bernaert has quit; The board immediately replaced him with Paul Saleh, CFO of the company since August 2023. Former Accenture executive Bernaert took over in October 2023, replacing caretaker CEO Nourdine Bihmane, who then returned to his post as leader of Tech Foundations, the business Atos still hopes to sell.
Recognizing a need for better operational analytics, insightsoftware leveraged award-winning technology from Logi Analytics to provide Oracle ERP Cloud users the ability to customize, create, and share interactive dashboards and reports across all departments of a business.
Hiring tech talent in 2023 means navigating an uncertain economy, the effects of widespread tech industry layoffs, and candidates who want to work for a company with a mission and workplace culture that align with their values, including diversity, equity, and inclusion. IT leaders say the best approach is to focus on adaptability.
For instance, the increasing cost of capital has affected access to and use of money across all sectors; an increasing regulatory focus on competition and industry dynamics has driven increased scrutiny as a critical factor for uncertainty; geopolitical uncertainties, including unprecedented conflicts across many regions, have forced delays.
At the end of 2023, analysts surveyed 420 IT decision-makers worldwide about their cloud usage, a quarter of whom were primarily from Germany, France, and the UK. Yet many companies still find it difficult to keep an eye on the costs of their cloud deployment and to continuously optimize them.
In economic uncertainty, it’s natural for executives to explore where to reduce spending, trim the fat , so to speak, and cut enterprising investments as a matter of caution. But this thinking is also counter-productive for all the reasons that make uncertainty so predictable. The time is now.
If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.
The global IT services industry is at a significant crossroads, with the explosive growth of generative AI and deepening economic uncertainties reshaping its future. These developments, along with broader market reports, have cast a shadow over the growth prospects of the IT services sector.
The results are in–for the third year in a row, insightsoftware has partnered with Hanover Research to deliver our yearly Finance Team Trends Report. What are the top strengths, challenges, and areas of improvement for finance decision-makers in 2023? And manual processes increase the likelihood of reporting mistakes.
But released the next day, the 2023 Gartner CIO and Technology Executive Survey revealed that EMEA-based CIOs expect IT budgets to increase 4.4% Gartner’s managing VP Mary Mesaglio said she remained optimistic for tech investments, with the latest crisis offering CIOs yet another opportunity to “make the difference”. global inflation rate.
The Future of Work and the Workplace is a 2023 Leesman survey report co-authored by HPE Aruba. The report explores the critical questions on the minds of business leaders coming out of the pandemic today. Given the many uncertainties and lessons learned from the pandemic, the one inevitable thing is change. Networking
Certinia, a developer of software for service businesses, is using AI and automation to extend the capabilities of its tools for report-building or planning and analysis beyond the financial sphere and into operations, too. CEO DJ Paoni joined Certinia on October 12, 2023, to replace Scott Brown, who led the company for three years.
million bump in 2023, and the company predicts the analytics and machine learning platform’s contribution will increase to $8 million in 2024. But with the addition of more renewable energy to its portfolio, weather uncertainty becomes a greater challenge for AES. million in its first year, contributed a $5.5
According to the Geophysical Fluid Dynamics Laboratory of the US’s National Oceanic and Atmospheric Association (NOAA), “Climate models reduce the uncertainty of climate change impacts, which aids in adaptation.” According to the European Union climate monitor Copernicus, 2023 was the warmest year on record—nearly 1.48
The 2023 IT salary report from Robert Half reinforces these findings. For IT professionals who report high levels of burnout, 42% are considering quitting their company within the next six months, according to survey data from Yerbo. Moreover, 30% reported that they feel inefficient at work.
The US Federal Government has been investing heavily in IT modernization and cybersecurity, with an estimated budget of $65 billion for 2023 for civilian IT spending, according to a White House report. billion for the quarter ended September 2022, an increase of 14% year-on-year.
HPE Aruba Networking is coming off a very strong Q2 2023 with our Intelligent Edge revenue reaching $1.3 The new service packs will be orderable later in 2023. billion , up 50% from the prior-year period.
The September Monthly Threat Intelligence Report from cybersecurity firm NCC Group delivers plenty of reasons to worry. For example, it highlighted a 153% rise in global ransomware attacks from September 2022 to September 2023. Surveys show a mixed executive outlook, indicating a level of uncertainty about what to expect.
Earthquakes in infrastructure automation The story begins in August 2023 when HashiCorp, the custodians of Terraform, the most widely-used IaC framework, announced that they were moving its license from Mozilla Public License (MPL) to Business Source License (BSL). In fact, they already have a competing open source IaC tool in Ansible.
As a result, Atos has postponed — again — the release of its audited financial statement for 2023 while it evaluates its options. It has already delayed publication of the results once to give its auditors additional time to examine an independent business review report and to complete their audit of non-cash goodwill impairment charges.
in 2023 to $12T by 2029, achieving that goal will require a fundamental re-think of the traditional private equity business model. In fact, according to Deloitte , just 10% of private equity firms had integrated AI into their operations by the end of 2023. to double in AUM from $5.8T Thats still a stretch for many firms.
With the economy pushing companies to do more with less, new research underscores the case for automated reporting RALEIGH, N.C. April 12, 2023 – insightsoftware , a global provider of reporting, analytics, and performance management solutions, today released new research on the state of operational reporting.
Capitalizing on SAP’s in-memory database, the solution is renowned for meeting the exact challenges Huabao hoped to address navigating uncertainty and refining business results. Accounting departments report that the system finalizing monthly financial activities can be closed two to three days earlier than in the past.
While Love and his 3,500-person IT team were working on that integration, the company announced in January 2023 plans to spin off its acute care and renal units, which is about a third of the business. Data showed the company wasn’t closing expected orders, which was showing up as lost revenue in quarterly reports, Sabhlok says.
In a world of persistent macroeconomic and business uncertainty, organizations are increasingly looking for ways to grow revenue without adding capacity. In fact, a recent Gartner report recommended that I&O leaders “identify the biggest areas of low-value repetitive work.” Hiring is expensive, takes time, and can be full of risk.
By 2027, 70% of healthcare organizations will rely on digital-first strategies to empower patients to take a more active role in health responsibilities and experiences, notes IDC in its FutureScape Worldwide Healthcare Industry 2023 Predictions report. Bedford, Mass.-based
In a research brief defining “5 trends for 2023,” the IBM Institute for Business Value reports, “In 2023, rapid response is the new baseline. Uncertainty is expected and complexity is compounding. As threats materialize on multiple fronts, organizations must reduce the time from insight to action.”
On October 20, 2023, Okta Security identified adversarial activity that used a stolen credential to gain access to the company’s support case management system. In this recent OKTA breach, no reports suggest major incidents so far. Deception changes the dynamics by injecting uncertainty into your environment.
Since 2023, compensation for CIOs and CTOs has increased by more than 7% and over 20% since 2019, according to Heller. Right now, the uncertainty of the [presidential] election and the whole AI distraction” is top of mind, he says. This growth is evident in both base salaries and equity packages,” she says.
Even before the crisis hit, estimates showed the following: In sectors like retail, Microsoft Voice Report expects 54% of customers to use digital assistants in the next five years. 2019 SalesForce report predicted a 241% growth in conversational interfaces in travel and hospitality by 2020.
Luckily there are several ways to keep cloud costs in check , for example, optimizing costs by conducting better financial analytics and reporting, automating policies for ruling, or keeping the management reporting practice on the course, so that these issues in computing could be decreased.
Meanwhile, the European Union (EU) has said that it will implement its own digital levy from 2023, commenting that: “The EU needs a modern, stable regulatory and tax framework to respond to the developments and challenges of the digital economy. The Complete Guide to Corporate Tax Software. Download Now.
June 21, 2023 – In an economy that challenges them to do more with less, finance teams believe they are actually taking longer to get things done, according to new research from insightsoftware , a global provider of reporting, analytics, and performance management solutions.
Just look at the stats:Some 45% of 2,500 executives polled for a May 2023report from research firm Gartner said the publicity around ChatGPT prompted them to increase their AI investments, 70% said their organization is already exploring gen AI, and 19% are in actual pilot or production mode. There’s a lot of uncertainty.
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