Forrester estimates that global tech spending will rise to $4.7 trillion in 2024, However, the highly competitive markets and increased spending will add pressure on technology leaders to provide IT capabilities that can contribute to their firm's growth agenda while managing costs and increasing efficiencies - and disconnected IT strategies can undermine the positive impact on revenue, profit, customer satisfaction, and employee engagement.
Read MoreFew industry segments depend more on getting the most out of investments in big data analytics and data science than the property technology (PropTech) sector. However, when it comes to finding insights from hundreds of thousands -- if not millions (sometimes billions) -- of data points to drive desired business outcomes, PropTech leaders may be falling short of meeting expected performance objectives, according to a recent BTR-100 survey commissioned by CoreLogic.
Read MoreAbout 68% of enterprises that embarked upon digital transformation have not realized the envisioned outcomes, according to Everest Group. A majority of enterprises attribute this shortfall in return on investment to having an undefined or ineffective change management strategy, with 58% of enterprises citing change resistance as a key obstacle.
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