Quote of the Week/Number of the Week
$8 trillion
The cost to enterprises worldwide of criminal data breaches over the next 5 years
“Unless you can instrument and measure the change, you’ll never actually get the depth of change that you want”
34%
Percent of CIOs reporting to CEOs in 2017.
“Things change so fast, especially in the travel and hospitality industry … if you don’t do something different, you’ll be out of business pretty quick”
$8 Billion
Annual cost savings attributed to chatbots in 2022, up from $20 million in 2017
“As early as five years [from now], most of us will talk to our computers rather than use touch devices. It’s how humans have communicated for thousands and thousands of years”
3.47 Billion
The number of Internet users in 2017, 47% of the world’s population
“I see demand for software engineers rising and what I don’t see is the intake into computer science rising. We’re creating a deficit for the future”
40.8%
The number of CIOs saying that the focus of their digital initiatives is "improving operations"
The amount of time that CIOs are spending on human capital development and human capital leadership across their respective organizations is significantly growing
$3.5 Trillion
Worldwide IT spending is forecast to reach $3.5 trillion in 2017
"You can succeed at the speed of software and you can fail at the speed of software. It is as challenging as ever"