The global asset management industry rebounded in 2023, with total assets under management (AuM) reaching nearly $120 trillion, a 12% increase from 2022. However, industry revenues only grew by 0.2%, while costs rose by 4.3%, leading to an 8.1% decline in profits. According to a recent report from BCG, asset managers need to leverage artificial intelligence and focus on enhancing productivity and product personalization to remain competitive.

New research from Forrester highlights the need for B2B firms to undergo a complete revenue process transformation to adapt to changing buyer behaviors and expectations. The research emphasizes the importance of aligning marketing, sales, and customer success functions to prioritize the customer and create meaningful interactions.

A new report from Gartner identifies five tech trends that will transform government operations by 2024: adaptive security, digital identity, AI, digital platforms, and programmatic data. IT plays a pivotal role in driving government transformation by modernizing operations and meeting citizens' needs.

Data enrichment can help B2B companies leverage their data to uncover insights and drive growth. With enriched data, businesses can target customers more precisely, personalize marketing campaigns, refine product lines, and explore new avenues for growth. However, data enrichment poses challenges such as data silos, outdated methods, overlooking external data, lack of clear strategy and objectives.

Understanding the nuances of utilizing reviews effectively emerges as a crucial facet for prospective buyers who seek to navigate the complexities of the ERP selection process. A recent G2 study sheds light on the advantages and challenges associated with leveraging software reviews in the ERP procurement journey.

The Versatile Video Coding (VVC) community is exploring new ways to optimize the efficacy of film grain to accomplish creative objectives and overcome technical limitations in digital video. Dolby and InterDigital are researching how VVC can improve the entertainment technology sector and deliver compelling visual experiences to audiences.

Global spending on Telecom and Pay TV Services reached $1,509 billion in 2023, up 2.1% from 2022. IDC predicts a 1.4% growth in 2024 to reach $1,530 billion. The market slowed due to economic factors in the Americas, but telecom operators' tariff increases led to faster-than-expected growth in the EMEA region. However, these tariff adjustments also resulted in customers migrating to cheaper packages, limiting actual value growth.

FlexProfessionals CEO Gwenn Rosener notes the cautious approach of small and medium businesses toward post-COVID-19 labor market trends. Their inaugural edition of the FLX-100 Index indicates a shift towards flexible hiring practices, such as part-time and hybrid work arrangements, which is essential for smaller businesses to compete with larger corporations for talent.

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.

A new report from Kearney finds 70% of business leaders expect AI disruption in the next 5 years, but only 20% feel prepared. Limited resources are cited as the primary reason. Additionally, a lack of understanding about AI from leaders is also contributing to the problem.

45% of CFOs plan to invest in AI for growth, but 89% doubt successful implementation. Economic uncertainty is a major concern for CFOs, with 90% worried about hitting growth and revenue targets. High-interest rates, rising energy prices, and supply chain disruptions are seen as major external threats. Additionally, 39% of CFOs struggle to keep up with AI advancements.

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?

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.

IDC's recent report highlights the benefits of implementing shared services in business to boost efficiency, reduce costs, and standardize processes. However, despite its long-standing application, shared services present significant challenges. IDC's survey found that in all industries, the time required to complete tasks should be reduced by 50%.

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.

March Madness attracts fans not only for the thrilling games but also for the iconic venues that host them. Maximizing the venue experience is critical for tournament and venue decision-makers. IPTV is rapidly emerging as an important feature at athletic facilities and arenas, playing an increasingly important role in delivering a diverse fan base's desired experience. Attendees at live games during March Madness experience much more than just the games themselves.

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.

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.

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.

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.