- The continued adoption of open-source code and libraries is being questioned due to increased security risks. A pre-existing trust factor between consumers and the open-source community is eroding due to discoveries of malicious code, including backdoor cryptocurrency theft applications.?
- Rishad Premji, executive chairman of Indian IT services giant Wipro, revealed on Wednesday that the company fired 300 employees for moonlighting with its competitors. "The reality is that there are people today working for Wipro and working directly for one of our competitors."
- Google Cloud has acquired several companies in the cybersecurity business in the last year. At their Cloud Next ‘22 conference this month, they shared what they plan to do with the acquisitions, including how they plan to integrate expertise from recent acquisition Mandiant into their existing Chronicle Security Operations product.
- Back in August, Amazon and Splunk co-announced the formation of the Open Cybersecurity Schema Framework (OCSF), an open-source approach to dealing with cybersecurity issues. A bunch of other companies have since joined the project, but will all consortium members have equal say, given the resources Amazon has, and their influence on the framework?
- Strong competition and a slowing economy could pose challenges for Ernst & Young as it looks to stand up a separate consulting brand as part of the planned split of its business.
- “EY is going to have to carve out something that’s distinctive and different in an environment which is already very crowded.”?-?Fiona Czerniawska, chief executive at Source Global Research
- Almost a year after Mark Zuckerberg rebranded Facebook as Meta Platforms Inc. in a bet-the-company move on the metaverse, internal documents show the transition grappling with glitchy technology, uninterested users, and a lack of clarity about what it will take to succeed.
- Communication between multiple APIs is enabled by using an API integration management platform. Read on to find out what the top 5 API integration platforms are for keeping businesses future-proof in these quickly evolving times.
- Digital transformation strategies rely on time-to-time execution to deliver services and products at a lower cost. Traditional software development impacts organizations' ability to meet their transformation timelines and impacts CI/CD continuous development operations.
- Low code development techniques provide both ease of use and security means to develop applications in the cloud.?But do low-code limitations make it a bad strategy for enterprise IT?
- As a result of this explosion of data and the exponential benefits that AI presents for businesses in 2022, the next question is “What are the core infrastructure building blocks to drive that value?
- Snowflake positions itself as wanting to be the “data cloud” for companies while Databricks positions itself as a “data lakehouse. This report explores the intricacies of these companies as they battle it out.
- The Software-as-a-Service sector is growing, and there are many new startups seeking a slice of the SaaS pie. Here is a list of 16 of the most promising startups in the SaaS domain, ranked from least, to most capital raised.
- Ukrainian tech company N-IX is still churning out code and supporting customers even as Russian artillery and missiles pound their homeland. And the Ukrainians aren’t planning to halt their entrepreneurial tech activities any time soon. Read on to find out what is spurring resilience in the Ukrainian tech sector.
INDUSTRY DATA
CIO Survey Data - Sept 2022
The Recognize CIO Survey series is a regular panel of 250-500 CIOs in the U.S. depending on the time of year.?
We use this data to track spending intentions, change in technology, product preferences, strategic priorities, and talent challenges.?
We plan to include this empirical data regularly in the data section of the Technology Services Insights newsletter.?
- Despite an uncertain economy, CIOs have not materially changed technology spending plans. Only 9% have reduced spending plans over the last six months while 69% have increased spending. Companies know that cutting tech investments in the era of digital transformation could be short sighted.?
- Not surprisingly, cybersecurity is the highest priority with 41% of CIOs placing this area in their top 3 priorities.?The second most popular initiative was cloud migration.?Surprisingly, IT help desk and support was third indicating CIOs prioritizing better service to end users.
- The migration to cloud has been a long journey but companies have made significant progress.?About 71% of CIOs have at least 50% of their application workloads in the cloud.?
- The split between commercial off the shelf applications and custom development remains consistent with past trends with 42% of CIOs accelerating COTS and 37% increasing a focus on custom applications.
- Over half the CIOs are increasing their use of contractors to secure technology talent.?The tech talent shortage has changed the calculus on how to source talent.
