Inflationary pressures creating a push and pull effect Worldwide end-user spending on public cloud services is forecast to grow 20.7 per cent to total $US591.8 billion in 2023, up from $US490.3 billion in 2022, according to the latest forecast from Gartner, Inc. This is higher than the 18.8 per cent…
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Four actions for chief supply chain officers
Often backorders have been viewed as ‘shadow’ transactions Chief supply chain officers (CSCOs) tasked to grow direct-to-consumer (D2C) selling and other forms of digital commerce, must implement four actions to navigate ongoing supply chain disruptions, according to Gartner, Inc. These disruptions have resulted in out-of-stocks, missed sales and disappointed consumers. “Disruption…
Read MoreMany legal departments are underusing maturing technologies
Departments are foregoing significant efficiency gains by the day Many legal departments are struggling to implement emerging technologies while also failing to adopt some of the most impactful legal and compliance technologies, according to Gartner, Inc. “The technology landscape in legal and compliance has been dynamic in recent years with…
Read MoreIT spending to grow 5.1 per cent in 2023
Inflation has cut into consumer purchasing in almost every country around the world Worldwide IT spending is projected to total $US4.6 trillion in 2023, an increase of 5.1 per cent from 2022, according to the latest forecast by Gartner, Inc. Demand for IT in 2023 is expected to be strong…
Read MoreDigital is embedded in all business growth strategies
Historically, boards have looked to IT to lead digital business Eighty-nine percent of board directors say that digital business is now embedded in all business growth strategies, according to a new survey from Gartner, Inc. However, just 35 per cent of board directors report that they have achieved or are…
Read MorePredictions for IT organizations and users
Virtual workspaces in metaverses will emerge to support new immersive experiences Gartner, Inc. today revealed its top strategic predictions for 2023 and beyond. Gartner’s top predictions explore how business and technology leaders can reimagine assumptions and seize the moment to turn uncertainty to certainty. “Uncertainty carries as much opportunity as…
Read MoreAccelerating time to value from digital investments
Leading CIOs are more likely to leverage data, analytics and AI CIOs and IT leaders must take action to accelerate time to value and drive top- and bottom-line enterprise growth from digital investments, according to Gartner, Inc.’s annual global survey of CIOs and technology executives. “The pressure on CIOs to deliver…
Read MoreTop 10 strategic technology trends for 2023
Every technology investment will need to be set off against its impact on the environment “To enhance their organization’s financial position during times of economic turbulence, CIOs and IT executives must look beyond cost savings to new forms of operational excellence while continuing to accelerate digital transformation,” said Frances Karamouzis, Distinguished…
Read More5 top cases for AI in corporate finance
The applicability may vary across organizations and industries “Organizations ignoring these use cases should have a good reason for doing so because they offer the best combination of feasibility and business benefit,” said Mark D. McDonald, senior director, research in the Gartner Finance practice. “Looking to apply AI to other use cases…
Read MoreThree factors influencing growth in security spending
Spending on security & risk management to grow 11.3 per cent Three factors influencing growth in security spending are the increase in remote and hybrid work, the transition from virtual private networks (VPNs) to zero trust network access (ZTNA) and the shift to cloud-based delivery models, according to Gartner, Inc. “The pandemic…
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