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Gartner Blog Network
2y ago
The pandemic has sped up digital transformation as organizations fundamentally change their business models or product and service offerings and optimize existing activities. Pressure is on CFOs to prioritize and fund digital strategies, but many of the underlying initiatives are iterative and uncertain, and tend to be undervalued by traditional project-based funding models. Given this, you may need to take lessons learned from IT peers and shift instead to a product-based view.
Download now: The CFO's Guide to Funding Digital Investments
“It’s important that a CFO has a clear understanding of ..read more
Gartner Blog Network
2y ago
Cloud adoption was on the rise well before the pandemic, and Gartner now predicts public cloud deployments will outnumber private data center workloads by the end of this year. With this growth comes the urgent need to improve secure access to the web, cloud services and cloud-native applications.
“Cloud-first strategies are now common, even among risk-averse organizations,” says Tom Croll, Senior Director Analyst, Gartner. “However, execution remains impeded by a lack of necessary skills and tools to ensure secure cloud computing deployments.”
Download now: 2021 Hype Cycles: Innovating Delive ..read more
Gartner Blog Network
2y ago
Chief data officers (CDOs) know effective business decisions require data but find it difficult to effectively link data to specific business benefits and results. However, Gartner’s 2021 CDO Survey found that 27% of respondents are measured by revenue generation or contribution and only 17% meet those objectives.
“Most data and analytics leaders struggle to define, articulate and communicate the business value of data and analytics — and business executives are often skeptical,” says Alan D. Duncan, Distinguished VP Analyst, Gartner.
Learn more: Gartner Data & Analytics Summit
To influenc ..read more
Gartner Blog Network
2y ago
Global oil and gas markets are poised between two competing drivers — rising pressure to decarbonize energy provision and increasing demand for energy in developing economies. Executives must find new ways to maintain competitiveness and growth.
“The unique stresses of 2020 have elevated three business imperatives for 2021: optimizing business performance, creating new capabilities and strengthening technology foundations,” says Simon Cushing, Senior Director Analyst, Gartner. “The 10 key trends in this report, individually and in combination, reflect reformation of the industry in the face of ..read more
Gartner Blog Network
2y ago
As data and analytics strategies become integral to all aspects of digital business, being data-literate — having the ability to understand, share common knowledge of and have meaningful conversations about data — can enable organizations to seamlessly adopt existing and emerging technologies. To build a data-literate workforce, chief data officers (CDOs) need to quantify and communicate the success of data literacy training by defining and tracking relevant metrics.
“While data and analytics leaders, such as chief data officers, recognize that there is an inherent need for data-driven decisio ..read more
Gartner Blog Network
2y ago
Earlier this year, Christie’s announced two major firsts for an auction house: It would accept cryptocurrency, and it would offer for sale a purely digital work backed by a unique nonfungible token (NFT).
The work, by digital artist Beeple, sold for more than $69 million. It forms part of an entirely new means of monetization — and potentially a whole new digital ecosystem.
An NFT is a unique blockchain-based digital asset that links to real-world assets like digital art or music and tokenized physical assets like houses or cars. In the case of art, the NFT verifies provenance, ownership and a ..read more
Gartner Blog Network
2y ago
Employees could soon head for the door if you deny them flexibility over where, when and how they work, as well as what they work on and who they work with. It’s easy to think that mostly means you’re at risk of losing “knowledge workers” — which Gartner defines as those whose jobs involve handling or using information — but data shows they aren’t the only employees who want flexibility.
The Gartner 2021 EVP Employee Survey of 5,000 employees and 77 HR leaders revealed that nearly half of employees who are not knowledge workers want their organization to provide them with greater control over ..read more
Gartner Blog Network
2y ago
The onset of COVID-19 caused the most disruptive period of this millennium, but it also demonstrated the monumental power and importance of cloud services.
Cloud computing continues to help numerous organizations rapidly respond to customer needs under the most strenuous of circumstances. Likewise, millions of people across the world are witnessing the power of cloud services firsthand as they now rely on cloud solutions to work remotely or connect with family and friends.
“In many ways, cloud served as a bright spot coming out of the pandemic,” says Milind Govekar, Distinguished VP Analyst, G ..read more
Gartner Blog Network
2y ago
Once upon a time, software application engineering success was measured by whether the team delivered a solution “on time and on budget.” Today, that’s no longer enough. Digital business transformation is changing what success looks like for everyone. Software and application engineers are expected to deliver working solutions that offer a compelling user experience and contribute to business value. In fact, three out of four respondents to the Gartner 2020 Digital Business Platform Survey said their team is expected to generate revenue.
Download eBook: 3 Key Goals for Software Engineering Lea ..read more
Gartner Blog Network
2y ago
Executives involved in mergers are typically diligent in planning each step — from discovery to closing — but they often fail to map out a vision for the post-merger culture or define how to get there.
Despite immense pressure to integrate behaviors quickly, combining two separate cultures can be a daunting task. But waiting won’t magically create the needed mix, and a strong culture is vital to a successful integration.
Download the Research: Ensure M&A Success by Avoiding Common Pitfalls
Executives should be thinking about culture in every phase of a merger, but the first 100 days will s ..read more