Business leaders are enthusiastic about AI’s potential to make their organizations more efficient – 90% of global senior executives surveyed in 2018 said they expected AI to positively impact growth, and 86% of respondents said that it would impact productivity.
The digital payments arena is undergoing rapid change, owing to a combination of factors. Transactions are growing rapidly year-on-year as convenience improves, and regulatory changes help to drive adoption. Meanwhile, the scope of different payment types is increasing.
In 2018-2019, cybersecurity skills topped the list of IT challenges – 53 percent of survey respondents reported a problematic shortage of cybersecurity skills at their organization. IT architecture planning skills came in second at 38 percent.
“Every TMT sector will experience major upheaval due to emerging technologies such as artificial intelligence (AI), process automation, and the Internet of Things (IoT). Leading incumbents will have to adapt to market conditions that are changing profoundly and at pace, while also fending off challenges from innovative start-ups.”
Unprecedented urbanization is compelling cities to fundamentally reimagine and transform for the future – and fast. According to a study, roughly half of the world’s population lives in cities today and that figure is expected to increase to 68% by 2050.
Now more than ever, CEOs and their leadership teams must counter the threat of digital disruption. Within the evolving global economy, debate and analysis about business technology adoption must result in purposeful action. Even the trailing organizations are prepared to learn something actionable from their trailblazer peers.
From the potential of 5G to the power of artificial intelligence (AI), our connected lives are being shaped by the convergence of transformative technologies. Explore how these technologies are coming together in new and powerful ways, fundamentally changing how we interact with the world.
via IHS Technology