This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The countrys initiatives focused on empowering women in technology, education, and innovation are beginning to pay off, as more female AI engineers and researchers emerge. This investment in womens education is enabling many to break barriers and step into previously male-dominated fields like AI research and development.
As the chief research officer at IDC, I lead a global team of analysts who develop research and provide advice to help our clients navigate the technology landscape. Our research indicates a scramble to identify and experiment with use cases in most business functions within an enterprise.
So the question that plagues any professional entrusted with or motivated to drive a huge change initiative is how to inspire innovation and foster a culture of excellence. Sharing of resources, ideas and research between teams should not only be encouraged but should be bestowed with tangible rewards.
AI, once viewed as a novel innovation, is now mainstream, impacting just about facet of the enterprise. Over the next 12 months, IT leaders can look forward to even more innovations, as well as some serious challenges. As 2025 dawns, CIOs face an IT landscape that differs significantly from just a year ago.
Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researchinginnovations to expand and refine their technology stacks.
More about the research For our primary research, we interviewed more than 2,300 executive and senior IT and business leaders from organisations in 34 countries across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The report identifies that most CEOs view GenAI as transformational.
From there, the phrase went viral among practitioners, media, researchers, and executives as it described strategic plans for competitiveness and growth. On one side, my research emphasized how customer and employee behaviors and expectations were changing. times higher earnings growth.
Instead, we need to focus on developing a culture of innovation around AI that shapes the technology with society and business front and center. Innovation is what will make companies successful in an AI-driven future. Instead, it needs to be coupled with innovation. This can be your people’s north star as they work.
Rather than discuss “legacy systems,” talk about “revenue bottlenecks,” and replace “technical debt” with “innovation capacity.” Operational drag (interest): “Our teams spend 25% of their time on workarounds rather than innovation.” Our research reveals that top performers allocate around 15% of their IT budget to debt remediation.
Research firm IDC projects worldwide spending on technology to support AI strategies will reach $337 billion in 2025 — and more than double to $749 billion by 2028. For the global risk advisor and insurance broker that includes use cases for drafting emails and documents, coding, translation, and client research.
To drive change, a reworking of what defines CIO/IT success is needed, with a focus on strategic business goals, innovation, and market differentiation. Of the top seven metrics, only two — innovation and profit growth — are directly tied to digital transformation goals. The CIO is no longer the chief of “keeping the lights on.”
According to Foundry’s State of the CIO 2024 study, technology leaders will be focused on driving digital innovation, redesigning processes, and modernising infrastructure and apps in the next three years in order to stay ahead. Tackling these requires innovation, built from a base of experience and knowledge.
These sectors are emerging as key drivers of innovation and investment in the Kingdom, with over 43 high-growth startups collectively raising more than 987 USD in funding. This success is a testament to the growing availability of venture capital, a dynamic entrepreneurial ecosystem, and government support for innovation-driven ventures.
Current strategies to address the IT skills gap Rather than relying solely on hiring external experts, many IT organizations are investing in their existing workforce and exploring innovative tools to empower their non-technical staff. Mona Liddell is a research manager for IDCs CIO Executive Research team.
It isn’t for lack of effort, as recent research suggests. The research cited a lack of talent and skills to work with the technology (62%), unclear AI and GenAI investment priorities (47%), and the absence of a strategy for responsible AI (41%) as the top three obstacles.
In a global economy where innovators increasingly win big, too many enterprises are stymied by legacy application systems. The norm will shift towards real-time, concurrent, and collaborative development fast-tracking innovation and increasing operational agility.
Despite these opportunities, Tencent Cloud faces challenges from competitors, requiring a careful balancing act between innovation and market adaptability. Tencent Cloud’s deployment of palm verification for secure identity authentication, particularly in collaboration with Telkomsel in Indonesia, underscores its ability to innovate.
Data is the engine that powers the corporate decisions we make; from the personalized customer experiences we create to the internal processes we activate and the AI-powered breakthroughs we innovate. Reliance on this invaluable currency brings substantial risks that could severely impact an enterprise.
This joint focus on CX and EX is integral to sustaining innovation and driving business growth. The issue is so grave that loneliness is considered by the study’s researchers to be one of the top issues affecting humanity. At Avaya, we see AI as a powerful tool for driving genuine, mindful customer and employee experiences.
The intersection of AI, software, and data management is set to revolutionize healthcare and will serve as a critical driver of medical innovation and improved patient outcomes. These applications also extend into drug research. But successfully adopting this mix of emerging and advanced technologies can be daunting and complex.
In many cases, IT leaders and companies have focused on innovation, including benefits to users and customers , but they should think more broadly about global impacts, she says. “In Now, we have to think about innovation as a way of really reshaping the world so that it works for everybody. Will it drive innovation?
Saudi Arabia’s AI strategy aligns with the broader goals of Vision 2030, which emphasize economic diversification through technological and digital innovation. In recent years, the Kingdom has set up research centers, ministries, and educational programs focused on AI.
The reason for this shift is simple: While CIOs can often call on talented teams of internal IT professionals to deliver business solutions, no technology department can be expected to generate every innovation necessary to compete in a fast-moving digital age. I would say, right now, I’m a technologist last.
Despite the war going on around her, Keren was able to focus on telling me about her cybersecurity work, her research on malicious innovation, and her insights about how to balance technology’s benefits against the risks it brings with it. Keren kicks off the event at 11:30 ET and is followed by Joanne and Isaac.
Because of the relentless innovation happening in the tech vendor race, CIOs feel like they are always living the hype, while the reality of their AI outcomes race — how tough it is to get value — makes it feel like they are also in the trough,” Mary Mesaglio, distinguished VP analyst at Gartner said in a statement.
Maximize value for your customers and employees through greater innovation and you’ll drive growth. Avaya’s innovation without disruption approach acts as a compass for businesses navigating a world of fast transformation. How do businesses balance this tightrope? Avaya’s use of generative AI in customer service is a prime example.
As Gen AI capabilities expand, so too will the opportunities for innovation and differentiation. Gen AI transforms this by helping businesses make sense of complex, high-density data, generating actionable insights that lead to impactful decisions.
Remarkable evolution Wi-Fi technology has evolved considerably over the past 25 years with each generation marked by significant innovation and improvements. According to the latest IDC research, there were less than 2.5 In 1999, Wi-Fi was only capable of supporting up to 11 megabits per second based on the IEEE 802.11b standard.
Integrating AI and large language models (LLMs) into business operations unlocks new possibilities for innovation and efficiency, offering the opportunity to grow your top line revenue, and improve bottom line profitability. According to EY , 96% of enterprises are planning to use AI in the next 12 months, compared to 43% today.
For automakers such as Honda, generative AI provides an opportunity to enable their automobile designers and developers to innovate on a higher level, says Craig Powers, research director for worldwide digital business strategies at IDC. Our innovation in technology is first and foremost what enables innovation in business.”
Innovation is essential, especially in the contact center as the tip of the spear in customer experience, but how do you activate your modernization plan? Congratulations to Mary for recently being named by Constellation Research to the AX100 list! Mary’s visionary approach is undoubtedly effective. Digital Transformation
“The critical element lies in automating these steps, enabling rapid, self-learning iterations that propel continued improvement and innovation.” However, research demonstrates that more executives, like Schumacher, recognize the connection between AI and business innovation.
Added up, perhaps these are among the reasons that 51% of companies have not seen an increase in performance or profitability from digital investments, according to KPMG research. AI is pushing for reinvention, innovation, and the exploration of the art of the possible. And its testing us all over again. AI is intelligent.
Were still very early in the journey, but its only going to get better, says Dwight Klappich, a research vice president at Gartner. But while there is significant investment and innovation going on, Gartners Klappich sees still fairly limited use cases, mostly proof of concepts. In terms of that increased focus on AI, Figure.AI
CIOs face the daunting challenge of driving innovation while managing costs and ensuring practical implementation in a rapidly advancing digital landscape. This article presents essential strategies for CIOs to strike the optimal balance among innovation, value, cost, and practicality in tech investments.
Recent research from IDC, undertaken in partnership with Lenovo, found that 88% of observed POCs dont make the cut to widescale deployment. Brian Jackson, a principal research director at Info-Tech Research Group, is more sanguine about low production rates for AI pilots. The whole point of POCs is to experiment.
We are fully funded by the Singapore government with the mission to accelerate AI adoption in industry, groom local AI talent, conduct top-notch AI research and put Singapore on the world map as an AI powerhouse.
That’s great, because a strong IT environment is necessary to take advantage of the latest innovations and business opportunities. Thorogood reports that his organization’s recent research shows that it takes 7.2 Technology continues to advance at a furious pace. organizational restructurings to fully complete a digital transformation.
By ensuring consistent, high-quality product data, we enable businesses to unlock AIs full potential to drive growth, innovation, and exceptional customer experiences. From chatbots handling customer queries to algorithmic pricing strategies and automated inventory management, retailers are finding innovative ways to leverage AI capabilities.
research firm Vanson Bourne to survey 650 global IT, DevOps, and Platform Engineering decision-makers on their enterprise AI strategy. As businesses embrace AI, they stand poised for unprecedented innovation and transformation. Nutanix commissioned U.K.
Recent research shows that 67% of enterprises are using generative AI to create new content and data based on learned patterns; 50% are using predictive AI, which employs machine learning (ML) algorithms to forecast future events; and 45% are using deep learning, a subset of ML that powers both generative and predictive models.
The company used the sale to reduce debt and to focus on innovation in cloud, security, and AI markets, it said. In addition, beyond allowing companies to invest in AI, divestiture could allow them to improve competitiveness and efficiency, to focus on other innovation, and to unload underperforming units, Hed says.
Bayer Crop Science sees generative AI as a key catalyst for enabling thousands of its data scientists and engineers to innovate agricultural solutions for farmers across the globe. Making that available across the division will spur more robust experimentation and innovation, he notes.
With SecureIT New York coming up on July 11, we asked event speaker Ryan O’Leary, Research Director of Privacy and Legal Technology at IDC, to discuss the ethics of generative AI. While GenAI can indeed make a company more efficient, it can also lose customers’ trust if implemented without the ethics of generative AI in mind.
We organize all of the trending information in your field so you don't have to. Join 11,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content