CXOInsights by CXOCIETY

By 2025, it is expected that IoT devices will generate roughly 73.1 Zettabtyes of data. Around that time, 30% of all data will be real-time, with IoT accounting for nearly 95% of it, 20% of all data will be critical and 10% of all data will be hypercritical. The real-time nature of IoT data presents an opportunity, challenges and threats to organisations. Analytics will have to happen in real time...

According to IoT analytics, the current business sentiment for companies in digital and IoT remains predominantly positive. There is widespread acknowledgement that Covid-19 had an overall positive effect on the accelerated adoption of IoT technologies.  IoT Analytics also reports record levels of VC investments for IoT firms, including acquisitions in the areas of AI and analytics. It is anticipa...

While manufacturing has traditionally depended on software technologies like manufacturing execution systems and enterprise resource planning to keep materials inventory in lockstep with customer orders, innovations around the Internet of Things, analytics and machine learning, and cloud and ubiquitous connectivity are maturing to the stage where we may be seeing the emergence of the long-heralded...

If disruption was the word of the times for much of 2020 to 2021, modernisation was the strategy that underpinned many digital initiatives during 2021, on top of goals like resilience and sustainability.  But as organisations allocate resources to pursue modernisation, Boards and the C-suite leadership are calling for greater scrutiny on the return on investment (ROI) given that economies may be t...

“In most enterprises, there are hundreds, if not thousands, of potential sustainability ideas and projects that IT could support. The CIO must make sure the IT organization focuses on those that will drive the enterprise’s sustainability ambitions,” says Simon Mingay, VP Analyst at Gartner.  With ESG scores rising in importance, orchestrating the right technologies and practices will be key to mee...

Hybrid and remote work have amplified the impact of distributed and complex IT environments. Running workloads and applications across both cloud and on-premises infrastructure presents challenges when viewed against a backdrop of evolving priorities driven by local market regulatory and maturity, and an IT team that must ensure business continuity without straining available resources. IDC says a...

The Forrester State of Application Security 2022 report noted that applications are the top cause of external breaches. Software supply chain concerns added complexity. Forrester says security professionals need to find a way to move beyond a tactical and reactive mindset to rebuild an application security that integrates tightly with development and focuses on strategic concerns. In this PodChats...

Cyber risk quantification involves the application of risk quantification techniques to an organization's cybersecurity risk. It is the process of evaluating the cyber risks that have been identified and then validating, measuring and analyzing the available cyber data using mathematical modelling techniques to accurately represent the organization's cybersecurity environment in a manner...

Gina Smith , a research manager for DevOps in Asia/Pacific with IDC explains that with the COVID-19 pandemic going into its third year, Asia/Pacific organizations are looking to DevOps processes and practices now more than ever.  "The need to deliver evocative and secure applications and services is unrelenting. Mature DevOps efforts will combine IT, development, and business resources to hel...

The InfoSec Institute estimates there is a worldwide staffing shortage of nearly three million in the ranks of cybersecurity professionals, with the number rising to 3.5 million by 2021. Expectations are that the shortage will only get worse driven by rising demand for infosec resources for the foreseeable future.  A 2013 Frost & Sullivan study estimated that women accounted for 10-12% of the...

The fans of inflation are diverting focus for many CFOs from pursuing innovation and growth strategies to curtailing possible runaway costs as organisations push forward their digital strategies. In 2021, 60% of organizations were experiencing wage inflation. Since then, mentions of inflation on earnings calls have increased eightfold. There’s little question that inflation will be a big theme in...

Cybersecurity is turning into a social phenomenon. Investor interest, public pressure, employee demands, and governmental regulations are strengthening the incentives for organizations to track and report cybersecurity goals and metrics within their environmental, social and governance (ESG) efforts as a business requirement. Gartner says traditional culture improvement efforts focusing exclusivel...

One of the outcomes of digital transformation is the realisation of the value of data, and the subsequent growing dependence on it. But more than access to data, the other attribute of the digital economy is the democratisation of data. In this PodChats for FutureCFO, we are joined by Bhavik Vashi, Area Vice President – Asia for Anaplan, to talk about the potential of democratised planning to achi...

According to S&P Global , APAC M&A activity in Q1 2022 retreated from 2021’s highs, with deal value for the quarter ending at $73.8B, a decline of 44% QoQ, or 18% YoY. In Q1 2022, Australia (US$15 billion) led the region by transaction value, followed by China (US$12.5 bn) and Hong Kong (US$11.4 bn). The financial services sector topped M&A activities in Q1 2022 with 14.6 billion follo...

Mordor Intelligence forecasts data centre transformation to reach US$15.45 billion by 2026, growing at a CAGR of 12.88% during the forecast period of 2021-2026.  Ciena claims that as much as 40% of the total operational costs for a data centre come from the energy needed to power and cool the massive amounts of equipment data centres house. No wonder, Mordor says data centre operators are being dr...

Back in February 2012 , Mark Zuckerberg , co-founder of Facebook (now Meta), stated “there is a huge need and a huge opportunity to get everyone in the world connected, to give everyone a voice and to help transform society for the future. The scale of the technology and infrastructure that must be built is unprecedented, and we believe this is the most important problem we can focus on.” Of cours...

Environmental, social and governance (ESG) programs can pose unique challenges to finance chiefs charged with maximizing returns. Reason? Big price tags and longer timelines. The push from regulators and many stakeholders to transform and align companies with new sustainability goals is an “enduring change,” which carries unique challenges, said Kristin Moyer, distinguished VP and analyst with Gar...

SGTraDex is a centralised data platform that acts as a "common data highway" across the global supply chain ecosystem to plug gaps in supply chains, which traditionally had relied heavily on a paper-based system that lacked efficiency, transparency, and sustainability.  SGTraDex is touted as a new type of public and neutral infrastructure in a digital era that allows for data connections...

The world is experiencing a level of disruption and business risk not seen in generations. Some companies freeze and fail, while others innovate, advance, and even thrive. The difference is resilience. With data now acknowledged as an important element of real-time decision-making, perhaps it is time for organisations to make a serious effort at achieving data resilience. And if they do, how does...

IDC forecasts Asia/Pacific* spending on AI systems to ruse from US$17.6 billion in 2022 to around $32 billion in 2025. Businesses invest in artificial intelligence (AI) to gain a competitive advantage through improved customer insight, increased employee efficiency, and accelerated decision-making.  Dr Chris Marshall , associate vice president, responsible for data, analytics, and AI at IDC Asia/P...

Organizations are migrating to the cloud to improve efficiencies and scale with greater digital transformation. Cloud plans and adoption have accelerated during the pandemic, with many in Asia considering a hybrid multi-cloud strategy to optimize the management of SaaS applications while ensuring business continuance from existing legacy and meet remote work needs. In this PodChat for CIO, Phang W...

With businesses and governments becoming more digital, this puts the onus on data centres, regardless of who owns or operates these, to provide the computing, data storage and connectivity resources to deliver on the promises of the digital, connected economy. According to Knight Frank Research , the APAC data centres market saw growth of 24% in 2021 with an increase of 185MW of new capacity acros...

Gartner defines Security Service Edge (SSE) as the convergence of network security services delivered from a purpose-built cloud platform.  As more organisations move to the cloud, improving data storage and security rise in importance. One of the design considerations for SSEs is to support employees working remotely and keeping their data in the cloud. SSE can be considered a subset of the secur...

PodChats for FutureCIO: Activating data in real-time “Data has become the most important asset of any organization and data and analytics is more critical than ever. New use cases for data to support machine learning, artificial intelligence and analytics are endless. As the rate of change continues, embracing flexibility, agility and adapting to new challenges is a must,” said Donald Feinberg, Di...

Gartner defines the chief technology officer as having overall responsibility for managing the physical and personnel technology infrastructure including technology deployment, network and system management, integration testing, and developing technical operations personnel.  CTOs also manage client relations to ensure that service objective expectations are developed and managed in the operations...