Latest News & Executive Interviews
68% of Enterprises Fail to Achieve Desired ROI on Digital Transformation, and Most Cite Change Resistance as Key Obstacle; New Findings From Everest Group
About 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.
Fixed Broadband Traffic Growth Shows Signs of Slowing, New Findings Reported From Strategy Analytics
Strategy Analytics finds that explosive growth in consumer broadband Internet traffic is coming to an end. The Strategy Analytics Service Provider Strategies (SPS) service report, “Is Fixed Broadband Traffic Growth Slowing Down?,” predicts that annual growth in consumer broadband Internet traffic will decline by 82 percent in 2018 – 2028.
CIO Virtual Roundtable: The Role of SDN in Hybrid Multi-Cloud Data Management
Most large organizations that have been around for a while have come to the conclusion that they will continue to operate in an environment in which data centers with legacy systems coexist with private cloud and multiple public cloud resources. As leaders explore ways to automate the management of this hybrid environment, many are looking at SDN as a way to virtualize and integrate disparate assets in a scalable and manageable manner.
Despite Global Semiconductor Shortage, PC Market Continues to Surge with Expected Growth of 18.1%, According to IDC
According to a new forecast from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker, shipments of PCs are expected to grow 18.1% in 2021 with shipments of just over 357 million units. While IDC still expects PC growth to drop slightly in 2022 (-2.9%), the overall five-year compound annual growth rate (CAGR) remains positive at 3%
Majority of Internal Audit Groups Slow to Adopt Next-Gen Technologies and Upskill; At Risk of Becoming Obsolete, According to Protiviti Survey
Teams are still in the early stages of next-gen internal audit journeys. Amidst digital acceleration efforts perpetuated by the pandemic, internal audit teams face a more disruptive environment and demands to add value to their organizations. 66% of survey respondents report plans to increase their focus on innovation and transformation initiatives.
Carbon Transition Presents Opportunity for Transformation and Growth; New Findings by Bain & Company
With consumers, governments and investors all pushing for decarbonization, companies are racing to act or accelerating their journey towards net-zero. Achieving net-zero requires companies to identify opportunities to create value through cost reduction or growth, in addition to risk protection.
ABI Research: Edge AI SaaS and Turnkey Service Market to Reach $7 Billion By 2025
According to ABI Research, the global edge Artificial Intelligence (AI) Software-as-a-Service (SaaS) and turnkey service market will grow to reach $7.2 billion in 2025. This is 25% of the global edge AI market, which is estimated to be US$28 billion by 2025, comprising of edge AI chipsets, SaaS, and turnkey services, as well as professional services.
Modernizing VMware Investments Across Hybrid Cloud Infrastructures
As government agency leaders and healthcare administrators execute their transformation initiatives to be more responsive to citizens and patients, IT staffs will be tasked with leveraging virtualization capabilities to integrate resources across heterogenous infrastructures.
Mastering Customer Centricity
If analysts' assessments of the past year are correct, the events of the past year have accelerated business transformation initiatives with most organizations focusing enterprise technology investments on two interrelated trends: cloud adoption and customer centricity. The lessons learned through the COVID 19 have prompted 80% of enterprises to embrace cloud-centric infrastructures and applications at twice the pace set prior to the pandemic.
Customers’ Demand for Integrated Solutions Powers the Global Email Security Market: Frost & Sullivan
The need for secure email has never been stronger as the complexity and volume of threats have increased significantly. Frost & Sullivan’s recent analysis finds that the global email security market is estimated to reach $5.27 billion by 2025 from $3.14 billion in 2020, expanding at a CAGR of 10.9%, with North America expected to remain the largest contributor.
70% of Organizations Will Shift Their Focus From Big to Small and Wide Data By 2025, Says Gartner
Gartner, Inc. predicts that by 2025, 70% of organizations will shift their focus from big to small and wide data, providing more context for analytics and making artificial intelligence (AI) less data hungry. Disruptions such as the COVID-19 pandemic is causing historical data that reflects past conditions to quickly become obsolete, which is breaking many production AI and machine learning (ML) models.
The Evolution of the Smart Home Sector During the COVID-19 Crisis, New Findings from Futuresource
COVID has of course caused so many of us to spend more time indoors – we have been forced to work and entertain ourselves at home far beyond what we are used to. This triggered a surge in TV sales and accelerated a spiralling demand for subscriptions services. Similarly, consumers have also invested in a variety of other home improvements.
Hybrid Cloud Infrastructure Strategies for SAP Modernization and Migration
According to analysts at IDC, cloud in all its permutations is having a major impact on the disposition of core enterprise applications. By the end of 2021, based on lessons learned in the pandemic, most enterprises will accelerate their shift to cloud-centric digital infrastructure and application services.
Change Management Strategies for Cloud Smart Enterprises
Change management has never been easy and will not get any easier as organizations embrace complex heterogeneous infrastructures that mix legacy and next-generation enterprise platforms. This was the central conclusion of a moderated CIO.com virtual roundtable co-hosted with Chuck Tsocanos of IBM.
Corporate Spending on Diverse Suppliers Rose an Average of 54% in Recent Years, According to New Research from Bain & Company and Coupa
The wave of protests against systemic racism in 2020 prompted leadership teams across the country to increase engagement with businesses owned by Black people, women and other underrepresented groups. A growing number of executives are confirming that not only is diversifying their supplier base a good move for society, but also improves business performance.
Gartner Survey Finds 72% of Data & Analytics Leaders Are Leading or Heavily Involved in Digital Transformation Initiatives
72% of data and analytics (D&A) leaders with digital initiatives are either leading or heavily involved in their organization’s digital transformation initiatives, according to Gartner, Inc.’s sixth annual Chief Data Officer (CDO) survey*. D&A strategy has a primary role in digital business strategy, affecting everything the organization does.
Strengthening Contact Center CPaaS Delivers Best Customer Experience for Businesses, Finds Frost & Sullivan
When an unprecedented number of CC workers had to switch to a work-from-home (WFH) model—often using ad-hoc, remote workspaces—call volumes and customer requests surged. The employees working remotely have to manage with less-than-secure legacy systems, limited customer support tools, and a widespread organizational support system.
How AI is Poised to Revolutionize IT Operations
As the complexity of enterprise infrastructures rise in response to accelerated technology modernization and business transformation, organizations across industries are exploring the role that AI will play in optimizing IT operations while introducing innovative business operations.
Risk Adjusted Strategies for Modernizing IT Operations
As the chief owners of the digital infrastructure that underpins all aspects of modern enterprises, IT leaders will play pivotal roles in the road to recovery, “seeking the next normal” while still performing their traditional roles. In a time of turbulence and uncertainty, CIOs and senior IT leaders must discern how IT will enable the future growth and success of their enterprise while ensuring its resilience.
VITEC Taps Industry Innovator, Eric Deniau, to Lead Research & Development Operations as CTO
VITEC, a worldwide leader in IP video streaming and video encoding for business, industrial and public-sector applications, today announced that Eric Deniau has joined the company as Chief Technology Officer (CTO). IP video streaming continues to grow across all markets as more and more enterprises harness the power of their networks.