“92 percent of those surveyed agreed that companies must be proactive about data protection. The good news for banks: most consumers (42%) trust them more than any other industry, apart from hospitals.”
From screening patients for clinical trials to assessing the emotional state of drivers, CB Insights outlines how facial recognition technology is shaping the future of commerce.
via CB Insights
Three industries will spend the most on security solutions in 2019 — banking, discrete manufacturing, and federal or central government — will invest more than $30 billion combined. Three other industries (process manufacturing, professional services, and telecommunications) will each see spending greater than $6 billion this year.
Will the U.S. government’s IT organizations be ready to play their part in assuring the nation’s eminence in cognitive computing? Clearly, they must evolve. By 2023, about half the roles that government CIOs will oversee do not exist in government IT organizations today, according to the latest market study by Gartner.
The outlook for future employment growth remains positive. Cyberstates projects the base of U.S. technology occupation employment will grow to 8.6 million by 2026. Retirements will put even more pressure to meet the need for tech talent, according to CompTIA.
“CIOs must adopt an adaptive operating model — being agile will not be enough to succeed in the future. The IT organization’s capabilities, structures, governance, and leadership must support the firm’s capacity to reconfigure underlying business concepts.”
The trend toward more complex, multi-skilled jobs isn’t new, but it’s speeding up. A study projects that hybrid jobs will grow by 21% over the next decade, that’s more than twice the 10% growth rate of the global job market overall.