How data and analytics drives, enables, and responds to change. As data alone is unlikely to drive decisions, chief data, and analytics officers (CDAOs) need to learn to design better decisions and make change in three ways, according to Gartner, Inc. The three ways are: improving the timing of decisions, accelerating decisions,…
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Transition from intuition-based to data-driven decision making
CSOs must identify the most valuable technologies. By 2026, 65 per cent of B2B sales organizations will transition from intuition-based to data-driven decision making, using technology that unites workflow, data, and analytics, according to Gartner, Inc. The market is growing rapidly with the rush to virtual selling due to the…
Read MoreCollegial and business-centric relationships
Strong CFO-CIO partnerships are key to digital investment success. Only 30 per cent of CFO-CIO relationships are characterized by strong collegiality and business centricity, according to a recent survey by Gartner, Inc. These two key attributes define a strong digital partnership without which organizations struggle to find funding for digital…
Read MoreThree emerging environmental sustainability technologies
The path to a net-zero future will create new opportunities for technology. Cloud sustainability, carbon footprint measurement and advanced grid management software are the three emerging environmental sustainability technologies that will reach early mainstream adoption within one to three years, according to Gartner, Inc. “Environmental sustainability cannot be the responsibility…
Read MoreData and analytics linked to prioritized and measured business outcomes
Business impact of the CDO role to be discussed. Chief data officers (CDOs) who met revenue-generation objectives and data monetization goals were more successful in their role than those who primarily focused on enablement projects, such as data governance, according to the Gartner, Inc. seventh annual Chief Data Officer Survey.…
Read MoreRise in business technologists
Product leaders should not bypass central IT representatives. Seventy-four percent of technology purchases are funded, at least partially, by business units (BUs) outside of IT, according to a recent Gartner, Inc. survey. Only 26 per cent of technology investments are funded entirely by the IT organization. In November and December…
Read MoreThree mandates for legal and compliance leaders
Three areas should frame the legal & compliance response. Legal and compliance leaders should consider their response to the Russian invasion of Ukraine in the context of three critical areas, according to Gartner, Inc. “The pressure for companies to take a firm stance on social issues has been building across…
Read MoreWorldwide IT Spending to Reach $US4.4 Trillion
Rates of inflation and talent shortages not expected to slow IT investments. “This year is proving to be one of the noisiest years on record for CIOs,” said John-David Lovelock, distinguished research vice president at Gartner. “Geopolitical disruption, inflation, currency fluctuations and supply chain challenges are among the many factors vying for their time…
Read MoreImperatives driving the top trends in data and analytics
Leaders should embrace three imperatives when leveraging the top D&A trends for 2022. Data & analytics (D&A) leaders should embrace three imperatives when leveraging the top D&A trends for 2022 in their enterprise, according to Gartner, Inc. The three key areas are: Activate Dynamism and Diversity, Augment People and Decisions, and…
Read MoreThree areas for CFOs to focus on
CFOs must adapt inflation strategies. CFOs should move beyond short-term, reactive moves to counter inflation and identify opportunities to build long-term competitive advantages, according to Gartner, Inc. CFOs should shift from a focus on neutralizing margin pressures to long-term strategies, including aligning costs to points of differentiation, rightsizing the supply…
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