Eying the digital market, CEOs are investing heavily in enterprise upgradation. CIOs are coming up with new concepts that require organizations to increase their IT spending to become market disruptors. In this article at CIO, Stephanie Atkinson talks about the 3 enterprise trends that CIOs and CEOs must be aware of to gain a competitive edge.
Trends to Disrupt Your Enterprise
A CEO must see that the enterprise has talents and technologies to sustain in the current and future market. CIOs are playing a significant role in enterprise powerplays. Here are the 3 disruptive enterprise trends to stay updated in the game:
- Remote Talent Pool: The IT industry is experiencing a knowledge gap due to the inadequacy of new skills in the current workforce. More than developers, CEOs need data scientists and data engineers. The advanced workforce comes equipped with knowledge in handling innovative tools and has the potential for strategy-making. Companies need to look out for global talents to bridge this skill gap. They also must invest in technologies and processes that support the remote workforce.
- New Business Models: Any enterprise now must be aware of automation, cloud computing, and wireless and mobile technologies. The trend of taking businesses online with the proliferation of e-commerce become widespread across industries. New business models emphasize that an enterprise can earn billions without having a physical infrastructure in the near future.
- Blockchain: As blockchain allows secured and anonymous transaction capabilities, it is fast catching up as the new enterprise trend. Moreover, it provides organizations stability, fragmented transactions, and clarity. The technology allows authorized stakeholders to have an ‘open, shared, decentralized data layer.’ This allows city governments to monitor traffic, developers to resolve issues in real-time, and the healthcare community to personalize services. Enterprise blockchain facilities will also lead to AI and IoT-led services. Compass Intelligence opines that blockchain with play a major role in transforming enterprise applications and services. Contracts, government auctions, security, supply chain management, fraud detection, etc. are some of the areas that the technology can influence.
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