Despite the current economic uncertainty, 72% of high-tech leaders in the U.S., Canada, and Western Europe have plans to grow revenue in 2023, according to a survey by Gartner, Inc. Furthermore, nearly half of those leaders believe they will be able to outperform their competition this year.

Companies across industries are underutilizing automation capabilities and underestimating the challenge of transitioning workers to jobs of the future, according to new research by Bain & Company. Survey findings show that workforce augmentation across industries has reduced costs by as much as 30%.

Outdated short-term growth strategies that focus on extracting value from customers no longer work. Dramatic changes in buyers’ behavior, evolving business models, and technological advances mandate a shift in how companies design their strategies and operate their organizations. To drive profitable and sustainable business growth in this environment, alignment in B2C firms is critical to powering a customer-obsessed growth engine.

With a tumultuous global economy, HR technology leaders face a balancing act in 2023 and must anticipate greater levels of accountability and demand for measurable outcomes to justify new technology investments - including skills management, learning experience platforms, and internal talent marketplaces.

Hybrid work, once thought to be a temporary means of enabling enterprises to continue business operations through the COVID-19 pandemic, has become a mainstay for the global work landscape. To enable these hybrid work models, organizations are investing in a wide range of technologies and services to increase workforce productivity and enable new, more agile ways of working.

The most effective data and analytics leaders focus on creating business value, nurturing data and analytics talent, and changing culture, according to Gartner, Inc. “The role of the chief data and analytics officer (CDAO) is growing in influence as it becomes required for organizations to transform data into business value,” said Carlie Idoine, VP Analyst at Gartner.

International Data Corporation (IDC) announced its Future of Work predictions for 2023 and beyond. With global attention divided between many disruptors, the future of work is fraught with many unknowns, from where and how work will be done to how economic pressures will change job opportunities to how social, skills, and climate concerns will have a broad impact.

International Data Corporation (IDC) announced its Future of Intelligence predictions for 2023 and beyond. IDC's enterprise intelligence benchmarking research shows that maturity in enterprise intelligence makes a material difference to business outcomes.

Despite the popular belief that organizations derive value from artificial intelligence (AI) at the expense of the individuals they employ, and that AI-powered automation can lead to the displacement of workers, 60% of employees view AI as a coworker and not a job threat. Furthermore, organizations with employees who derive value from AI are 5.9 times as likely to see significant financial benefits from it than organizations where employees do not get value from AI, according to a report from MIT Sloan Management Review (MIT SMR) and Boston Consulting Group (BCG) being released today.

Forrester forecasts that working populations in the five largest economies in Asia Pacific — India, China, South Korea, Australia, and Japan — are more at risk due to physical robot automation than Europe and North America. By 2040, 63 million jobs are expected to be lost to automation, with more than 247 million jobs expected to be in jeopardy across industries that are more susceptible to automation, such as construction and agriculture.

The global Venture Capital (VC) investment in Artificial Intelligence (AI) was close to its peak, reaching $22.3 billion in 2021. According to ABI Research, this is just $0.4 million shy of the historical high of $22.7 billion recorded in 2019.

Over half of all organizations today are increasingly struggling withurnover, time-to-hire, and cost-of-hire finds Aberdeen Stratery Researh. Data-driven Best-in-Class (BIC) organizations are differentiating themselves by investing in and leveraging cloud-based HR systems to competitively position and outperform others.

Eighty-three percent of B2B buyers say they prefer ordering or paying through digital commerce, according to Gartner, Inc. A Gartner survey of 725 B2B buyers from November through December 2021 found that digital commerce has rapidly become the norm and the preferred way to complete B2B purchases.

The retail industry must work harder and faster to make a meaningful impact to deliver on climate change commitments. Boston Consulting Group highlights the need for a seismic shift in attitudes and business processes to place sustainability at the core of corporate strategy, decision making, and value creation.

U.S. employee annual voluntary turnover is likely to jump nearly 20% this year, from a prepandemic annual average of 31.9 million employees quitting their jobs to 37.4 million quitting in 2022, according to Gartner, Inc. As employees seek to take advantage of new hybrid work arrangements, they are confronting issues of misalignment with leaders and achieving the flexibility they desire.

A new cadre of companies are successfully executing digital transformations and outperforming their digitally native peers. These digital incumbents make up about 30% of the S&P Global 1200 Index and outperformed the index by about 50% over the last three years. Meanwhile, legacy incumbents struggled to drive growth and improve productivity using predominantly traditional levers.

Pandemic-related market conditions remain a top concern for 2022 among C-suite executives. Looking ahead to 2031, business leaders cite workforce and talent-related issues as their primary concern, indicating that the impact of the ‘Great Resignation’ will persist as their organizations struggle to fill the talent requirements supporting their strategies.

Nearly 60% of HR leaders report that building critical skills and competencies will be their number one priority in 2022, according to a Gartner, Inc. survey. The survey found the other top HR priorities for 2022 are: organizational design and change management (48%), current and future leadership bench (45%), the future of work (42%), and diversity, equity, and inclusion (DEI) (35%).

The new Smart Manufacturing Platforms Competitive Ranking by global technology intelligence firm ABI Research provides an in-depth and unbiased examination of the solutions offered by nine manufacturing platform providers delivering market insights on certain chosen technological criteria.

A September 2021 survey of 251 CFOs and other finance leaders revealed that 47% intend to assess digital currencies for business in 2022, according to Gartner, Inc. A February poll centered on bitcoin adoption showed 84% of finance leaders said they would never hold bitcoin as a corporate asset and pointed to a range of risks associated with holding the currency.