Quote of the Week/Number of the Week
“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"
$1 trillion
Worldwide IT and business services revenues will pass $1 trillion for the first time by 2018.
“You need to understand the financial levers and operating levers and you need your team to be focused [on] those as much as functional owners are. And if you do that an interesting thing starts to happen. You get a group of technologists who aren't fighting the battle of technology, they are trying to figure out how to enable business value”
$117.4 Billion
The global augmented reality market will reach $117.4 Billion by 2022, at a CAGR of 75.72% between 2016 and 2022
“It is the CIO’s responsibility to create an environment where all executives together are thinking about how technology changes their business. The CIO needs to drive that”
41%
of all enterprise workloads are currently running in some type of public or private cloud. By mid-2018, that number is expected to rise to 60%.
“Just because you have great consumer-side apps doesn’t mean that the backend is modernized and updated”
{With the maturing of cloud computing capabilities and more as-a-service offerings,] “the change we’ll see in the next three years is unprecedented”