According to Forrester, at least a third of B2B buyers in North America and Europe, and over a quarter in Asia Pacific, prioritize price in their purchasing decisions due to macroeconomic headwinds. To simplify the buying process, providers should offer transparent pricing and demonstrate their offerings' ROI throughout the journey.
Read MoreWorldwide end-user spending on security and risk management is projected to total $215 billion in 2024, an increase of 14.3% from 2023, according to a new forecast from Gartner, Inc. 2023 global security and risk management end-user spending is estimated to reach $188.1 billion. The continuous adoption of cloud, continuous hybrid workforce, rapid emergence and use of GenAI, and the evolving regulatory environment are forcing SRM leaders to enhance their security and risk management spending,
Read MoreRenewables and other low-carbon solutions must ramp up from 12% of the energy supply in 2021 to 50%-70% by 2050 to limit global warming to 1.5°C above preindustrial levels. This is around three times faster than previous transitions, for example, to coal and hydrocarbons. These are among the findings of a new publication released today by the Boston Consulting Group Center for Energy Impact, titled The Energy Transition Blueprint.
Read MoreBy 2028, 60% of B2B seller work will be executed through conversational user interfaces via generative AI sales technologies, up from less than 5% in 2023, according to Gartner, Inc. “Sales operations leaders and their technology teams must prepare for the convergence of new forms of artificial intelligence, dynamic process automation and reinvented deal-planning activities that will transform the sales function,” said Adnan Zijadic, Director Analyst in the Gartner Sales Practice.
Read MoreThe fourteenth annual Sarbanes-Oxley Compliance Survey finds that 74% of organizations seek opportunities to further enable automation, while 58% reported increased hours spent on compliance in the last year. Companies are prioritizing investments in automation and broader enabling technologies, such as artificial intelligence (AI) and machine learning (ML) to support SOX compliance activities. These technologies help counteract pressure from the PCAOB and external auditors to increase scope and procedures. The SEC’s recently adopted rules related to cybersecurity disclosures and highly anticipated climate disclosure rules only increase the potential for expanded scope.
Read MoreOT security is no longer an afterthought but a focal point of a company’s digital transformation thanks to Industry 4.0 and increasing digitization. State-sponsored actors and cybercriminals can exploit security gaps in key infrastructure to cause serious harm and supply chain issues. OT systems become significantly more vulnerable to cyber threats as they integrate with IT infrastructure, with 90% of firms experiencing at least one OT system intrusion incident in the previous calendar year. These worries are worsened by the expansion of zero-day threat vectors in this field and the inadequate security features built into the Internet of Things (IoT) and OT equipment.
Read MoreAccording to Gartner, Inc., by 2025, more than half of all software engineering leader role descriptions will explicitly require oversight of generative AI. Outside of generative AI’s impact on technology implementation, it also changes the managerial responsibilities of software engineering leaders. This includes those related to team management, talent management, and code of ethics. Software engineering leaders will find themselves at a significant disadvantage if they do not recognize and adapt to these changes – facing the risk of being replaced by those who embrace this disruptive technology.
Read MoreTechTarget’s Enterprise Strategy Group announces new research into GenAI, a technology poised to significantly disrupt and advance modern business and IT operations. The study reveals that GenAI strategies among business and public-sector organizations are moving forward with astonishing momentum as organizations scramble to assemble teams, budgets, and technologies to support numerous applications of the technology that have the potential to transform business and IT processes as we know them.
Read MoreCloud services continue to impact the AV industry, ushering in new capabilities and changing how AV systems are designed, installed, and operated. The inescapable rise of IoT, along with cloudification, virtualization, and container-based applications, is bringing AV and IoT devices together into a shared domain.
As the outlook begins to crystallize, a new report from Futuresource Consulting explores the crossover between AV and IoT markets, identifying the benefits and challenges for AV, and uncovers what this will mean for the AV industry moving forward.
Read MoreBy 2026, fines due to mismanagement of subject rights will have increased to over $1 billion, according to Gartner, Inc. For SRM leaders in B2C organizations, automating subject rights or consumer privacy rights management has become a basic requirement and a prerequisite for building trust. The management of SRRs can enhance customer trust levels by providing a positive privacy user experience (UX).
Read MoreThough significant progress has been made on boardroom awareness and acceptance of the sustainability agenda, capacity challenges and a self-declared lack of expertise at the board level have revealed a gap between intentions and prioritization of the environmental, social, and governance (ESG) agenda.
Read MoreThe first six months of 2023 were difficult for the global fintech market, with total funding dropping from US$63.2B in H2’22 to US$52.4B in H1’23. The cloud of uncertainty permeating the market continued to wear on investors, driven by factors including global macroeconomic concerns, geopolitical tensions, and tech sector challenges. The collapse of several US banks early in 2023 likely kept many investors in wait-and-see mode during H1’23.
Read MoreIoT deployments play a vital role in many enterprises’ digital transformation strategies, yielding benefits such as productivity gains, cost savings, and achieving environmental sustainability goals. As a result, enterprises continue to increase their spending on IoT solutions and are broadly expanding deployments. 95% expect to see measurable benefits from IoT within two years of deployment.
Read MoreNew research from Omdia has found that 51% of leading CSOs already use video surveillance systems for facility safety applications. This response rate increased to 89% when CSOs were asked whether they expected to use video surveillance for this application in three years. 49% of respondents stated that their video surveillance system currently supports people safety functionality.
Read MoreThough significant progress has been made on boardroom awareness and acceptance of the sustainability agenda, capacity challenges and a self-declared lack of expertise at the board level have revealed a gap between intentions and prioritization of the environmental, social, and governance (ESG) agenda.
Read More79% of corporate strategists say technologies such as analytics, AI, and automation will be critical to success over the next two years. Strategists said that, on average, 50% of strategic planning and execution activities could be partially or fully automated; currently, only 15% are. Leveraging analytics and AI for more efficient, insightful strategy decisions is one of the biggest challenges and opportunities corporate strategists face this year.
Read MoreNew research from Omdia reveals that the semiconductor market declined in revenue for a fifth straight quarter in the first quarter of 2023. This is the longest recorded period of decline since Omdia began tracking the market in 2002. Revenue in 1Q23 settled at $120.5B, down 9% from 4Q22. The semiconductor market is cyclical, and this prolonged decline follows the upsurge as the market grew to record revenues in each quarter between 4Q20 through 4Q21 following increased demand from the global pandemic.
Read MoreIn spite of challenges including fragile post-pandemic supply chains; a shortage of science, technology, and engineering workers; and questions about how quickly China can restart its economy, APAC tech spending will continue to grow by 6.8% to 7.3% per year from 2024 to 2027. In 2023, Forrester projects regional tech spend growth to be:
Read MoreFour common myths obscure the full value of cybersecurity for the enterprise and inhibit security program effectiveness. According to Gartner, Inc. CISOs must embrace a “Minimum Effective” mindset to maximize cybersecurity’s impact on the business. Many CISOs are burnt out and feel they have little control over their stressors or work-life balance. Cybersecurity leaders and their teams are putting in the maximum effort, but it’s not having maximum impact.
Read MoreThe rapid progress of AI tools in finance has made it more important than ever for CFOs and finance leaders to demonstrate three core pillars of human leadership: adaptivity, empathy, and authenticity. As AI becomes ever more capable and carries out more work, inevitably, the question arises about whether AI replaces human employees. The picture emerging as organizations put advanced digital technology into action is a lot more nuanced than whether a job stays or doesn’t.
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