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As digital transformation becomes a critical driver of business success, many organizations still measure CIO performance based on traditional IT values rather than transformative outcomes. To drive change, a reworking of what defines CIO/IT success is needed, with a focus on strategic business goals, innovation, and market differentiation.
This is a common scenario: A client reaches for benchmarks and metrics without fully grasping the larger context. But benchmarks, while useful in certain cases, are often misleading when taken out of context. Executives and boards want hard data, and benchmarks offer an easy way to provide seemingly objective metrics.
With advanced technologies like AI transforming the business landscape, IT organizations are struggling to find the right talent to keep pace. International Data Corporation (IDC) is the premier global provider of marketintelligence, advisory services, and events for the technology markets.
International Data Corporation (IDC) is the premier global provider of marketintelligence, advisory services, and events for the technology markets. the world’s leading tech media, data, and marketing services company. IDC is a wholly owned subsidiary of International Data Group (IDG Inc.),
The recent global outage at CrowdStrike, a leading cybersecurity firm, has sent shockwaves through the business community. The CrowdStrike outage: A wake-up call CrowdStrike’s global outage disrupted services for numerous Microsoft clients, highlighting the far-reaching impact that a single point of failure can have on businesses.
Businesses across sectors should be inspired by the IRS’ journey; strategic modernization can advance any organization. Assess: Regularly analyze applications’ health across business, financial, operational, and technical dimensions. Running APMR as a continuous process The figure below provides an overview of the cycle.
But a combination of shifting business models, regulatory changes, and technological advancements — most recently AI — is reshaping the internet into a more closed, restrictive environment. In one example provided in the article, a website stated that its search traffic decreased 91% within a few months, devastating its business.
Challenge: Meeting sustainability objectives Nearly 80% of retailers consider sustainability and circularity very important or critical ( Retailers’ Top Challenges to Building a Circular Business , IDC, December 2023). the world’s leading tech media, data, and marketing services company. And they are making progress.
Inspired by the vast potential of generative AI, many IT and business leaders are concluding the best way to realize the transformative potential of all forms of AI is by handing responsibility to a single leader — a chief AI officer (CAIO). And Ameritas is using AI to determine which areas of the business can most benefit from AI. “To
CIOs are under pressure to integrate generative AI into business operations and products, often driven by the demand to meet business and board expectations swiftly. The decentralization of GenAI implementation by business staff without IT oversight further complicates governance. Contact us today to learn more.
Unlike siloed or shallow automation efforts, deep automation architects a perspective that integrates customer experiences, value streams, human-machine collaboration, and synergistic technologies to create intelligent, self-adjusting businesses. Deep automation is about reimagining the business as an intelligent, adaptive organism.
business leaders found that 71% of respondents were committed to a net-zero target and a further 26% reported targets to be under development. IDC research indicates that nearly 30% of organizations worldwide have embedded sustainability into their business model and overall strategy. For example: WSJ ’s survey of more than 2,000 U.S.
More organizations than ever have adopted some sort of enterprise architecture framework, which provides important rules and structure that connect technology and the business. Change with the times Businesses aren’t static and technology continues to move forward, so EA frameworks can’t remain the same over time.
Ransomware attacks continue to be a mainline threat, with 60% of surveyed organizations reporting a business disruption in the last 12 months due to ransomware, according to IDC’s What Do Four Recurring Surveys Tell Us About Trends in Ransomware Incidents? the world’s leading tech media, data, and marketing services company.
Businesses are constantly seeking ways to gain an edge and connect with their ideal customers more effectively. This is the value of marketing account intelligence software. With marketing account intelligence software, teams can focus their efforts on accounts with the highest probability of converting into loyal customers.
Most large businesses have a security team. Finding 1: Few businesses have just one “security team” Although it’s not uncommon to hear executives use the singular form when referring to a company’s “security team,” every one of the business leaders we interviewed told us that their organization maintains several distinct security teams.
It’s often a good idea for businesses that don’t have a lot of expertise with edge deployments, or for edge locations that don’t have readily available tech experts to troubleshoot if needed. IDC’s EdgeView 2024 survey found that 36% of businesses say new investments in edge will include managed edge services. Edge as a service.
International Data Corporation (IDC) is the premier global provider of marketintelligence, advisory services, and events for the technology markets. the world’s leading tech media, data, and marketing services company. Learn more about IDC’s research for technology leaders. Contact us today to learn more.
International Data Corporation (IDC) is the premier global provider of marketintelligence, advisory services, and events for the technology markets. the world’s leading tech media, data, and marketing services company. Learn more about IDC’s research for technology leaders. Contact us today to learn more.
International Data Corporation (IDC) is the premier global provider of marketintelligence, advisory services, and events for the technology markets. the worlds leading tech media, data, and marketing services company. He has extensive experience as a research analyst and as a business and technology journalist.
Despite the fact that cybersecurity spending remains a top priority for businesses ( Security Spending Still the Top Priority , IDC, September 2023), cybersecurity outcomes have only grown worse in recent years, with threat categories like ransomware setting new records for the scale and impact of attacks. This is a simple example, of course.
Businesses are investing great sums of money in generative AI – to the point that GenAI spending in 2025 will be nearly seven times greater than it was in 2022, according to IDC historical data and forecasts. the world’s leading tech media, data, and marketing services company. Where is all that money going?
Fuel competitive advantage through strategic innovation Innovation — critical for reshaping business models with emerging tech — succeeds by fostering a discipline of pragmatic exploration balanced with real-world business constraints. Having a superior solution doesn’t guarantee business acceptance.
Deals are developing beyond core business growth, encompassing new digital opportunities and emerging technologies as drivers of strategic acceleration. Resource planning : Digital investments by definition address people, process, and technology in the business case. What capability gaps limit business performance?
Conclusion: The bright – but complex – future of open source software security Given the depth and breadth of the adoption of open source software in the modern enterprise, it seems unlikely that security concerns will stop businesses from depending on open source code anytime soon. Learn more about IDC’s research for technology leaders.
They start with understanding where technology trends are going, how they relate to business needs, and what skills will be indispensable in the future. This requires an understanding of the business’ strategic direction. The other is the ability to understand and work with the business.
CIOs evaluate and pursue cloud services for business and technical reasons. International Data Corporation (IDC) is the premier global provider of marketintelligence, advisory services, and events for the technology markets. the world’s leading tech media, data, and marketing services company.
As Robert Blumofe, chief technology officer at Akamai Technologies, told The Wall Street Journal recently, “The goal is not to solve the business problem. Moreover, companies may neglect adequate backup or fail to thoroughly test restore processes, potentially compromising data integrity and business continuity.
Early cybersecurity threats were limited in their scope and damage, but current threats can ruin a business. Threats have evolved from malware and denial-of-service attacks in the early days of ecommerce bad actors, to ransomware attacks that threaten the ability of a business to operate. Contact us today to learn more.
In today’s rapidly evolving digital landscape, agility is no longer just a buzzword — it’s a business imperative. Yet, according to IDC’s March 2024 Future Enterprise Resiliency and Spending Survey, Wave 3 , 60% of organizations consider their digital infrastructure spending poorly aligned with expected business results.
This increased pressure comes from end customers demanding secure products and services, as well as the business, the board, and the regulators. Rather, a security program should aim to achieve sufficient security and reduce risk to acceptable levels to achieve the organization’s overall business goals. Contact us today to learn more.
CIOs face the challenging task of balancing various priorities to align their digital infrastructure with business goals. This overspending is primarily driven by two factors: excessive technical debt (cited by 47% of survey respondents) and a lack of business-aligned infrastructure strategy (43%).
The crucial next step to success is an ongoing competitive benchmarking process – that is, the process of measuring and tracking long-term strategies and outcomes of other companies. What is competitive benchmarking? The benefits of competitive benchmarking. Learn more about the benefits of benchmarking. Download now.
But in the last 10 years, we have seen an accelerated pace of the use of quantum technology in business optimization problems, drug discovery, communication, and encryption, Pandey explains. International Data Corporation (IDC) is the premier global provider of marketintelligence, advisory services, and events for the technology markets.
In this fast-moving world, businesses that use benchmarking comparisons to continuously improve their products, services, and processes up to date will ultimately win. What is Benchmarking? Benchmarking is one of the best tools to keep businesses up to date and focused on continuous improvement. improved quality.
Marketintelligence software helps companies better understand consumer behavior, competitor strategies, and industry trends. These powerful platforms gather, analyze, and interpret vast amounts of data, transforming raw information into actionable insights that drive strategic decision-making for go-to-market teams.
However, there is currently no standardized reporting methodology, which makes ESG benchmarking a challenge. That is why it is crucial to have a marketintelligence platform that aggregates ESG content into one place so you can efficiently perform your research and benchmarking.
As more and more businesses move their prospect acquisition into online digital marketing channels, while at the same time dissolving global barriers to doing business, competition for customers is heating up. Why Develop MarketIntelligence ? Gathering MarketIntelligence through Competitive Analysis.
In fact, according to Lucidworks’ global generative AI benchmark study released August 10, 96% of executives and managers involved in AI decision processes are actively prioritizing generative AI investments, and 93% of companies plan to increase their AI spend in the coming year. S&P Global MarketIntelligence is looking at them all. “We
You’ve likely thought a lot about these factors at your business. Information you collect about competitors and customers, which helps you maintain a competitive advantage, is known as competitive intelligence. Growing your market share is impossible without it in today’s hyper-competitive environment.
Marketingintelligence is a must for every company participating online today. Here’s how to get – and stay – ahead of competitors with marketingintelligence insight! What Is MarketingIntelligence? What Is MarketingIntelligence? 10 MarketingIntelligence Use Cases.
Consider these statistics ( source ): 62% of organizations rely on marketing data that’s up to 40% inaccurate. 40% of business objectives fail due to inaccurate data. Instead, we recommend partnering with a marketintelligence solution to do the heavy lifting. Buyer personas should inform every aspect of your business.
The marketintelligence company ’s competitive pricing experts used a three-step approach over seven weeks to address the client’s concerns. This was followed by competitive benchmarking to identify successful supply chain strategies adopted by industry leaders.
Competitors are busy gathering competitive intelligence about your company right now, and they likely aren’t eager for you to up your competitive intelligence gathering game. There’s never been a better use case for this social media analytics and marketintelligence combo. And it’s time to change that.
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