CFOs are prioritizing employee compensation, with 71% planning to increase it in 2024 above the inflation rate. Employee compensation is the second most important area, with 82% of CFOs planning an increase in 2024, although most are planning to give 4% to 9% increases, which is a decrease from last year.
Read MoreBy 2025, Gartner predicts 50% of consumers will quit or reduce social media use due to declining quality. A Gartner survey found 53% of consumers thought social media quality has declined compared to the past due to misinformation, toxic users, and bots. Consumers fear GenAI integration will worsen user experience. Emily Weiss, Senior Principal Researcher at Gartner, advises CMOs to refocus acquisition and retention strategies as users increasingly limit their social media use.
Read MoreAs the scale of emerging technology risks facing companies continue to multiply, IT auditors play a key role in identifying these threats and helping their organizations to navigate them. A new survey conducted by Protiviti and The Institute of Internal Auditors (IIA) reveals which risks are keeping IT auditors up at night.
Read MoreIndustrial and Manufacturing firms face a myriad of ever-changing challenges, from rising interest rates, pressure to relocate facilities, and increased scrutiny of their operations through an ESG lens. Technology suppliers must help firms evaluate outside signals and add agility to their operations to meet customer needs.
Read MoreHigh-quality developer experience has become a critical priority in software delivery, with 58% of software engineering leaders reporting that developer experience is “very” or “extremely” critical to the C-suite at their organizations. Enhanced developer experience or productivity is cited as the top value factor for the adoption of several technologies and practices across the software development lifecycle.
Read MoreHybrid work, once thought to be a temporary means of enabling enterprises to continue business operations through the COVID-19 pandemic, has become a mainstay for the global work landscape. To enable these hybrid work models, organizations are investing in a wide range of technologies and services to increase workforce productivity and enable new, more agile ways of working.
Read MoreInternational Data Corporation (IDC) announced its Future of Work predictions for 2023 and beyond. With global attention divided between many disruptors, the future of work is fraught with many unknowns, from where and how work will be done to how economic pressures will change job opportunities to how social, skills, and climate concerns will have a broad impact.
Read MoreDespite the popular belief that organizations derive value from artificial intelligence (AI) at the expense of the individuals they employ, and that AI-powered automation can lead to the displacement of workers, 60% of employees view AI as a coworker and not a job threat. Furthermore, organizations with employees who derive value from AI are 5.9 times as likely to see significant financial benefits from it than organizations where employees do not get value from AI, according to a report from MIT Sloan Management Review (MIT SMR) and Boston Consulting Group (BCG) being released today.
Read MoreForrester forecasts that working populations in the five largest economies in Asia Pacific — India, China, South Korea, Australia, and Japan — are more at risk due to physical robot automation than Europe and North America. By 2040, 63 million jobs are expected to be lost to automation, with more than 247 million jobs expected to be in jeopardy across industries that are more susceptible to automation, such as construction and agriculture.
Read MoreEighty-three percent of B2B buyers say they prefer ordering or paying through digital commerce, according to Gartner, Inc. A Gartner survey of 725 B2B buyers from November through December 2021 found that digital commerce has rapidly become the norm and the preferred way to complete B2B purchases.
Read MoreBy 2026, 75% of customers who call customer service and support organizations will do so out of loneliness, not because they have a customer service issue, according to Gartner, Inc. This will affect service and support leaders’ priority of migrating customers to self-service and ensuring rep well-being.
Read MoreA September 2021 survey of 251 CFOs and other finance leaders revealed that 47% intend to assess digital currencies for business in 2022, according to Gartner, Inc. A February poll centered on bitcoin adoption showed 84% of finance leaders said they would never hold bitcoin as a corporate asset and pointed to a range of risks associated with holding the currency.
Read MoreA survey of 111 CFOs in July 2021 revealed that 60% of organizations experienced wage inflation in 2Q21, nearly double the amount compared to the previous quarter, according to Gartner, Inc. Nearly three in four CFOs polled cited the risk of lower profitability as their top concern as organizations face broad-based input price inflation increases.
Read MoreA rising threat landscape characterized most dramatically by the growing number of ransomware attacks -- and other cyber-criminal activities -- targeting institutions has given technology leaders involved in transformation and modernization issues reason to be very careful. In general, technology executives in the sector are exploring the risks and rewards associated with Oracle modernization and migration to cloud environments.
Read MoreThe next few years will find retailers across the country focusing on significant business model innovations by harnessing technological intellectual property to build resilient digital supply chains that ensure the delivery of high customer experiences at scale. Technology and business leaders will be challenged to demonstrate greater agility and continuity in a market that will continue to be volatile and unpredictable. So say Scott Ernst and Kayla Broussard, executives with IBM’s cloud advisory and cloud architect practices, in a podcast interview with BizTechReports.
Read MoreA new IDC report provides an overview of Indian organizations’ skill development plans in the near future. This report provides insights into organizations' skill development goals, the importance of technology skills in digital transformation goals, the overall business impact arising from lack of skills, how organizations plan to acquire or develop critical skills within their businesses in the next six months.
Read MoreBy the end of 2021, 51% of all knowledge workers worldwide are expected to be working remotely, up from 27% of knowledge workers in 2019, according to Gartner, Inc. Gartner also estimates that remote workers will represent 32% of all employees worldwide by the end of 2021. This is up from 17% of employees in 2019. Gartner defines knowledge workers are those who are involved in knowledge-intensive occupations, such as writers, accountants, or engineers.
Read MoreThe EMEA external storage systems market value was up 4.5% year on year in dollars but down 4.3% in euros in 2021Q1, according to International Data Corporation's (IDC) EMEA Quarterly Disk Storage Systems Tracker. Once again, the exchange rate played a key role in making the year-on-year comparison more favorable when looking at it in dollars rather than euros.
Read MoreDespite the apparent recovery from the effects of the pandemic, about 22% of North American public companies were not financially or operationally stable at the end of Q12021. Of these companies, 20% were stressed, meaning underperforming industry peers or experiencing pressure from internal or external sources, and 2% were distressed, meaning having trouble meeting financial obligations or experiencing severe operational challenges.
Read More73% of chief marketing officers (CMOs) report they will rely on existing customers to fuel growth in 2021, rather than looking to develop new markets, shows a new survey by Gartner. 39% of CMOs plan to increase sales of existing products to existing customers, while 34% will introduce new products to existing customers in 2021.
Read More
