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IRM 2021: The Year of Uncertainty and Change

John Wheeler

We all looked to 2021 as a year of recovery and renewal. Unfortunately, 2021 will be much different. No doubt, 2021 will be the year of uncertainty and change. A focus on performance and assurance helps to reduce uncertainty related to strategic goals. These uncertainties can make or break a business.

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Regulatory uncertainty overshadows gen AI despite pace of adoption

CIO Business Intelligence

It’s no surprise, then, that according to a June KPMG survey, uncertainty about the regulatory environment was the top barrier to implementing gen AI. So here are some of the strategies organizations are using to deploy gen AI in the face of regulatory uncertainty. But there’s one low-risk use case where gen AI is allowed, he says.

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IT spending projected to grow despite economic headwinds

CIO Business Intelligence

The 3% increase in total IT spending represents slower growth than in 2021, as the economy as a whole and the IT sector in particular began to recover from the effects of the pandemic, and growth will largely be driven by cloud services and the data center, Gartner said. trillion, according to projections released by Gartner Research.

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Macroeconomic jitters further slow AWS growth in Q3

CIO Business Intelligence

Just like all companies, they want to lower their spend when they’re faced with uncertainty in the market,” Olsavsky said while responding to a question on customer behavior. At the end of 2021, AWS retained 38.9% share of the market against 40.8% Microsoft increased its market share by 1.4% share of the market.

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Understanding Innovation as a Large, Well-established Enterprise

CIO Business Intelligence

Blackberry failed to adapt to the changing smartphone market. A 2021 analysis from McKinsey found that the world’s 50 most innovative public companies hold innovation as a central value three times more often than other companies. New products and ideas are tested every day, just as new opportunities are ignored.

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IBM to acquire Octo to boost its US government business

CIO Business Intelligence

The deal, which is expected to close in the fourth quarter of this year, will see Octo’s 1,500 employees join IBM Consulting’s US public and federal market organization, taking its total staff count to 4,200 employees. In September, the company announced the acquisition of product engineering services firm Dialexa.

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6 ecommerce trends to watch

IBM Big Data Hub

As the ecommerce market grows exponentially, six trends projected to heavily impact the global market are artificial intelligence (AI), augmented reality, live commerce, online-to-offline ecommerce, social commerce and voice assistants. The ecommerce market has grown exponentially over the last decade.