Navigating the SEC Cybersecurity Ruling — GigaOm Reports

The latest SEC ruling on cybersecurity will almost certainly have an impact on risk management and post-incident disclosure, and CISOs will need to map this to their specific environments and tooling. The new SEC ruling requires disclosure following an incident at a publicly traded company — and should come as no surprise to any organization already dealing with data protection legislation, such as the GDPR in Europe or California’s CCPA.

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Staff Reports
Top Performing Midmarket Companies Invest 285% More in Cybersecurity — Corsica Technologies

In today’s rapidly evolving technological environment, midmarket companies grapple with meeting the demands of both internal operations and external customer expectations. From cybersecurity to data integration, the complexity of technology requirements presents significant challenges.

Many organizations turn to outsourcing as a viable solution. But how do they navigate this landscape effectively? What are the critical pain points, and how can they choose the right outsourcing partner?

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Organizations Should Evaluate Four AI Deployment Classes in Preparing for the EU Artificial Intelligence Act — Gartner Reports

With the European Parliament’s approval of the European Union (EU) Artificial Intelligence (AI) Act, most companies are not prepared to comply with these sweeping AI regulations. A recent Q&A with Nader Henein, VP Analyst at Gartner, helps to paint a picture of how well-prepared companies are, what they need to do to get ready in the near-term, and how to get started.

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Staff Reports
Investing In Customer Success Delivers 107% ROI Within Three Years — Forrester Insights

Consolidating customer success efforts into a dedicated team can result in significant benefits for a company, including improved customer retention rates, additional cross-sell and upsell opportunities, and reduced support calls. A study by Forrester found that a composite $1 billion firm with 5,000 current accounts can expect to accrue a net-present cash flow of over $13.4 million and recover the full investment within three years.

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Staff Reports
Board and C-Suite Leaders Diverge on How to Address Critical Business Challenges — Protiviti, Broadridge and BoardProspects Reports

A new survey by Protiviti, BoardProspects, and Broadridge Financial Solutions reveals that boards and C-suite leaders do not always agree on how to achieve common goals. Bridging these gaps is crucial as companies face several challenges, including an uncertain macroeconomic environment, a global war for talent, rising geopolitical risks, cyberattacks, and other existential threats.

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Record $11.1 Billion in Political Ad Spend in 2024 — Forecast From BIA

Political spending is predicted to reach $11.1B in 2024, with traditional advertising still accounting for 70.2% of political ad spend. TV OTA is expected to receive the largest share of political ad dollars at $4.6B, followed by PC/Laptop at $1.3B and Cable TV at $1.1B. Cable TV is the only media channel expected to decrease from 2020, by nearly $183M.

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New Data Reveals Global Video Entertainment Growth Surge — Futuresource Consulting Reports

Global spending on video entertainment is up, with 6% YoY growth in 2023, amounting to a $324 billion annual spend. James Duvall, Head of Entertainment at Futuresource Consulting, expects further expansion this year, despite inflationary pressures. The sector achieved 6% YoY growth in 2022 and 2023, with an additional $10 billion expected this year.

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YouTube Tops Most Popular Video Services as Free Viewing Increases Lead Over SVOD — Omdia Reports

New data from Omdia shows that after five years of increasing stacking, the once-dominant model is showing signs of strain. Omdia's analysis revealed that the number of SVOD services per household has declined in some markets for the first time, while free video stacking is still on the rise. YouTube continues to lead in key markets, boosting the sector's lead over paid content. Other social video platforms and FAST services are also growing.

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Aided by the Democratization of Generative AI, the Robotics AI Chipset Market is Expected to Reach $866M globally by 2028 — Omdia Reports

As ML-powered robotics workloads continue to diversify, GenAI technology is emerging as a game-changer. Foundation models are expected to replace or enhance existing ML and deep learning models, leading to more capable and robust robots. This has led to a rise in the global robotics AI chipset market, estimated to reach $866 million by Omdia.

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Over 30% of GenAI Services Interactions Will Use Action Models & Autonomous Agents for Task Completion by 2028 — Gartner

Gartner predicts that by 2028, one-third of GenAI interactions will involve autonomous agents using AI techniques to complete tasks. Autonomous agents are systems that can accomplish specific goals without human intervention and can improve over time. In the future, users could directly interface with autonomous intent-driven agents, enabling a higher degree of autonomy and better alignment with human goals.

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Worldwide Ethernet Switch Market Delivered Robust Growth in 2023 While the Router Market Saw a Slight Decline, According to IDC

Recent findings from IDC report the Ethernet switch market revenue grew by 20.1% to $44.2 billion in 2023. The datacenter segment of the market rose by 13.6%, and ODM direct sales increased by 16.2%. However, the enterprise and service provider router market saw a decline of 0.4% in revenue.

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33% of Households with Insurance Would Switch Providers to Acquire Smart Home Devices — Parks Associates Reports

A recent study from Parks Associates found that one-third of US households would switch their homeowner’s/renter’s insurance provider to acquire smart home devices. Smart home devices can detect and prevent costly damages, like water and faulty wiring, which can reduce premiums, claims, and payouts. Water damage is the most common home damage, costing an average of $9,633, while flood/weather-related damage costs an average of $8,625.

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How Workplace Flexibility Contributes to Gender Pay Gap Reduction and Why Big City Employers Should Care — FlexProfessionals

Companies struggling to bridge the white-collar talent gap in major metropolitan areas would be well advised to understand the role of flexible work arrangements in attracting and retaining women -- an increasingly important pool of labor in an otherwise constrained environment. So says Gwenn Rosener, CEO of FlexProfessionals, a recruiting and staffing agency for professionals that serves the Washington DC and Boston metropolitan areas, in a podcast interview for journalists.

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Businesses Balancing Ambition with Regulation and Evolving Roles as Sustainability Becomes Big Focus in 2024 — KPMG Reports

According to new research from KPMG, ESG, and broader sustainability strategies have made their way to the top of board agendas in 2024 despite business leaders facing a bulging inbox of issues and challenges. Almost all respondents reported high ambitions for ESG in their organizations, and half now view sustainability as a strategic issue embedded in core business operations.

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Staff Reports
80% of D&A Governance Initiatives Will Fail by 2027, Due to a Lack of a Real or Manufactured Crisis, Predicts Gartner

According to Saul Judah, VP Analyst at Gartner, a D&A governance program must prioritize business outcomes to be successful. During crises, successful CDAOs quickly pivot their D&A strategies to help their organizations. A strategic approach, positioning D&A as an essential business-centric model, is more effective than a reactive, tactical approach that only focuses on data governance.

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