About 68% of midsize CIOs expect to increase investment in information technology in 2019 over 2018, according to Gartner. Some technologies could have a wide-ranging impact and amplify business capabilities.
IT decision-makers and Line of Business executives found that developers have significant autonomy with tools and technologies selection. In addition, developers exercise influence over enterprise purchasing decisions and are key stakeholders for cloud and digital transformation projects.
Gartner estimates that by 2020, 100% of large enterprises will be asked to report to their boards of directors on cybersecurity and technology risk at least once a year. Boards today are more informed about the IT security risk to the enterprise.
According to Juniper Research, the applications of unique mobile identifier services, which provide secure digital identity verification through SIMs, will generate over $7 billion for mobile network operators in 2024. This estimate is up from an expected $859 million in 2019 — a growth rate of over 800 percent.
“With just 10 percent of IT allocated to generating new business value, incumbents are not battle ready when it comes to contending with nimble tech players. As any investor would tell you, place your resource bets where you believe there is value.”
From transportation solutions to video-streaming applications, artificial intelligence (AI) permeates almost every aspect of our lives. This includes government, where AI is increasingly making an impact. Consider these public-sector examples.
“San Francisco reclaims its spot at the top thanks to its renowned startup ecosystem. While the Bay Area has long been known for cultivating unicorns — Airbnb, Stripe, and Uber were all founded there — it’s also home to new, flourishing startups.”