Lack of vision, leadership support, and long-term commitment are just a few of the ways that digital transformation journeys take wrong turns or fizzle out.
Digital transformations can go off the rails in the best of times, but the past two years have wreaked additional havoc since employees began working remotely.
Timing being what it is, though, with organizations hyperfocused on digitization, it's more important than ever to address issues and fix problematic projects. Organizations can't afford to fail at digital transformations, given that 'we have now entered the era of the digital business, where transformation must be part of enterprise DNA,'' according to IDC's 2023 FutureScape: Worldwide CIO Agenda 2023 Predictions.
Few businesses have a formal enterprise integration strategy in place, despite realizing its value. Here are best practices for developing one.
Data, from customer information to vendor performance, is increasingly seen as a business asset and a key factor when making business decisions.
Effective data integration of all systems in use across the business is crucial to provide the needed analytical information that informs strategic planning, including where and how organizations can improve operations.
With nearly every company now a digital business, IT systems no longer have to simply run. They suddenly are the livelihood of the company.
Much has been written about the impacts of the pandemic on the world of business, especially the challenges associated with remote work and now the return to work and the hybrid workplace. Beyond workplace issues, perhaps the single greatest impact was how the pandemic sparked a flood of digital transformation initiatives, and that added incredible complexity to technology infrastructures at many companies, testing the limits of IT organizations to successfully implement and support this new way of doing business.
Chief data officers are on the rise as businesses embrace data-driven strategies. But you'll want to follow these five tips to write the perfect CDO resume to get the job.
As companies start to adapt data-first strategies, the role of chief data officer is becoming increasingly important, especially as businesses seek to capitalize on data to gain a competitive advantage. A role historically focused on data governance and compliance, the scope of responsibilities for CDOs has since grown, pushing them to become strategic business leaders, according to data from IDC.
According to the survey, 80% of the top KPIs that CDOs report focusing on are business oriented. The top five KPIs for CDOs include operational efficiency, data privacy and protection, productivity and capacity, innovation and revenue, and customer satisfaction and success. And 87% of CXOs said that 'becoming a more intelligent enterprise is their top priority by 2025,' with 52% of CDOs reporting to a business leader.
Enterprises that excel at risk management while doubling down on making their tech stacks more resilient stand the best chance of battling cyberattacks in 2023.
Forrester's Predictions 2023: Cybersecurity, Risk, and Privacy report amplifies how essential risk management, resilient infrastructure and cyber insurance will be next year.
More CROs will get promotions and a possible board seat
More chief risk officers (CROs) will report to CEOs next year, increasing risk quantification's importance to C-level executives and company boards. Forrester sees CROs as instrumental in leading their organizations, from achieving compliance to becoming more resilient.
Annual Audit Plan Hot Spots Report Identifies Top 12 Risk Areas for Next Year
Cyberthreats and IT governance are top risk areas for internal auditors to address in their audit plans for 2023, according to Gartner, Inc. The Gartner 2023 Audit Plan Hot Spots Report identifies the top 12 risk focus areas for Chief Audit Executives (CAEs) to help them identify risks to their organizations and plan audit coverage for the coming year.
With the growing prevalence of cloud-based services greater volumes of data are being collected and analyzed, driving the need for more automation to provide insights into the data as well as artificial intelligence innovations that promise to alleviate pain points experienced by organizations and their customers.
At the same time, as cyberthreats increase in number and sophistication, consumers are more aware of and sensitive to data breaches. Privacy by Design principles are being re-evaluated as customers become more curious and cautious about how their personal information is used. And, while rules and regulations regarding where and how data is stored and transmitted are changing, businesses recognize that their customers cannot tolerate disruptions to the digital infrastructures that undergird their work and daily lives. All this uncertainty is prompting organizations to turn to "the certainty of data."
While the majority of enterprise IT security managers rely on threat intelligence to reduce cybersecurity risk, many still lack the necessary skills and resources to carry out these initiatives fully, according to a Vulcan Cyber report on threat intelligence adoption trends and challenges.
The survey of 100 information security, vulnerability management, and threat intelligence executives and practitioners found threat intelligence adoption is on the rise, with a growing percentage of companies putting dedicated teams (75%) and budgets (66%) in place.
However, nearly three-quarters (73%) of respondents indicated that a lack of skills to leverage threat intelligence is a key problem, and the majority (55%) said their threat intelligence data is not predictive enough.
YL Ventures CISO-in-residence Frank Kim weighs in on the top security concerns facing CISOs in a Dark Reading interview.
Industry veteran and SANS Institute fellow Frank Kim has joined YL Ventures as its new full-time CISO-in-residence. YL Ventures connects startup entrepreneurs with CISOs to provide advice and guidance as they develop their cybersecurity solutions and grow their businesses. Kim - who founded ThinkSec, a security consulting and CISO advisory firm, and is the former CISO of the SANS Institute - brings in-depth perspective from key facets of cybersecurity to his new role, in which he will focus on the business impact of cybersecurity solutions.
As technology has become the top focus at modern businesses, the role of Chief Technology Officer (CTO) has emerged as a vital leader.
These individuals are responsible for all technology infrastructure and applications, with strong engineering and I.T. experience to allow them to drive the technology roadmap for the firm. Over recent years, this role has become more customer focused as technology has become the heart of the customer experience for most companies.
Twenty years into his career, Edward Wagoner, CIO, Digital of JLL Technologies, went through executive coaching, an experience that changed how he felt about himself and his work.
There is an inherent skepticism toward change that percolates through most people. In the technology world, end users hesitate to adopt new technology and boards of directors are wary of risky tech investments.
But the phenomenon is also found among tech leaders and executives.
Anytime a person changes the way they do something or opens themselves to critique, feelings of doubt can arise. It can be hard to take the corporate mask off and look into the mirror, but there is value in being aware of personal strengths and weaknesses.
These enterprise IT changes will exert long-lasting influence over the way businesses approach IT operations.
From security, to automation, to networking and beyond, enterprise IT benefits from practices and processes that are pretty well-established at this point.
But that doesn't mean there's no room for improvement. On the contrary, enterprise IT organizations are set to enhance various key practices in subtle but important ways going into 2023. The fundamental aspects of enterprise IT may not change, but specific facets of IT operations will - at least at forward-thinking businesses.
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