Despite global economic uncertainty, innovation rose as a top corporate priority for 2023. According to a new report released by Boston Consulting Group, 79% of companies around the world see innovation as a top-three priority this year, and 66% plan to increase spending—42% by more than 10%. This starkly contrasts the last downturn in 2009, when fewer than two-thirds of companies ranked innovation as a top-three priority, and only 58% planned to increase spending.
Read MoreNew research unveiled at Forrester’s (Nasdaq: FORR) Technology & Innovation North America reveals that global tech spending will reach more than $4.8 trillion in 2023 as two-thirds of technology decision-makers increase their tech budgets, despite increasing economic uncertainty.
Read MoreUkraine is a major contributor to the global tech community, with 250,000 highly-skilled individuals well known for their talent and commitment, often involved in mission-critical projects. Companies are now scrambling as the workers they count on are pushed out of the picture. These employees cannot move forward on daily tasks and worry they may not have a job to return to when the dust settles.
Read MoreGlobal tech market advisory firm ABI Research examined the current Augmented Reality(AR) market and identified 12 AR solution providers in both consumer and enterprise markets that are leading in their area of expertise through novel solutions.
Read MoreIn a new report on the leading companies in emerging markets, BCG identifies 100 tech challengers that have grown into powerful forces in technology and other industries. Their impact is being felt in their home markets, regionally, and internationally - with many showing increases in both number of customers and frequency of usage.
Read MoreMost digital transformations fail, but making sure that six critical success factors are in place can reverse the odds of success from 30% to 80%, according to a new report from Boston Consulting Group (BCG), Flipping the Odds of Digital Transformation Success, released today.
Read MoreBy its very nature, technology requires industry players to innovate in order to survive. In fact, technology companies are 12 percent more likely to be disrupted than companies in retail and 25 percent more likely than those in financial services, two other industries that have historically gone through regular disruptions.
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