Insights That Matter on Relentless Technology Acceleration
No source of disruption is bigger than technology.
That’s what we heard in our 4th annual Disruption Index, launched in December, with technology at the core of four of the top ten disrupters cited by 3,000 global business leaders.
It’s not surprising. The pace of technological change gets faster, broader, and more pervasive every year. It impacts how businesses produce goods and deliver services, how consumers buy and pay for them, how we all work, and how companies – as well as whole industries – innovate and compete.?
With this continuing rapid acceleration comes risk and, in turn, enormous growth in the need to protect digital assets––the global cybersecurity market, $185 billion in 2021, is doubling in size every six years.?
Facing this disruption, companies have a unique ability to be proactive at least as much as they are reactive and, to a certain extent, “design their own destinies.” 98% of CEOs agree that investing in new technology and digital solutions is a priority and almost all see technological advances as opportunities more than threats. And we see in performance results that the fastest-growing companies today experience and respond to technological acceleration differently from the rest.?
In our technology deep-dive as part of this year’s Disruption Index, we look at what those companies are doing differently––how they are adopting and innovating with technology in order to succeed.?
And in this edition of Insights that Matter, we explore some of the technology trends and opportunities that are top of mind for businesses as we kick off 2023 – from cybersecurity priorities to exploring the metaverse…
Who owns your organization’s digital transformation?
The term “digital transformation” means everything and nothing to most C-suite executives. And yet if a company wants to remain competitive and protect its business, digital transformation is not a nice to have; it’s a matter of survival and evolution.
Where many initiatives fail, we see a lack of governance, accountability, and measurement––they start as an “IT thing” with little or no involvement from the teams that will be using it. AlixPartners SVP Gary Bacon explains why CEOs should care about these projects in 2023 and why there’s no such thing as an IT project!?
IT’s time is now – don’t waste a golden opportunity
There is no better time and no greater opportunity for IT functions than now. Technology consumerization and the translation and use of technology inside organizations have opened everyone's minds to possibilities.
Realizing the potential of what IT can provide, however, is complex.?
AlixPartners Director Russ Aebig explores the importance of investing in a strong alignment between business and IT leadership now, to enable IT to make an enormous impact.?
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VR = Virtual Risks? Understanding the risks – and opportunities – in the metaverse
Many business leaders are trying to get their heads around the metaverse. Will it be life-changing, an anti-climax, or somewhere in between??
AlixPartners Managing Director Tim Roberts explores the nature of the risks and issues that this burgeoning digital ecosystem raises for both users and businesses, in an article for the European American Chamber of Commerce.
Cybersecurity Trends for 2023: How to protect your organization from attackers in a recessive economy
The new shift for cybersecurity? In the face of a looming recession, it’s about doing more with less. But what does this look like in practice? How can cybersecurity teams keep pace with threats and attackers, even as budgets flatline?
The key is to focus on the basics, evaluate insurance, and break down silos, write the AlixPartners cybersecurity team. They share eight trends to watch out for to help organizations prioritize for 2023.
How to build enterprise-wide agility with technology at its core
“Agile” in business originated in IT functions, associated with faster and more iterative software development. However, with disruptive forces at their fiercest today – and technology now a critical component of every organizational area – agility has an important role to play more broadly across an enterprise.?
AlixPartners tech modernization experts set out actions that can help businesses take a holistic hold of “agility” in order to realize the benefits of the approach, and the new technology adoption it enables.?
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