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AWS growth slows further by persistent macroeconomic uncertainty

CIO Business Intelligence

billion in Q4 2022, this growth rate is slower compared to the 27.5% Cloud computing industry faces the heat Microsoft and Google, which compete with AWS for cloud computing market share, have reported similar reduction in customer spending, impacting growth in their respective cloud businesses.

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Global managed services to grow in 2024 as enterprise IT spending rises

CIO Business Intelligence

The global market for managed services will rise in 2024 due to organizations’ IT spending surge and larger investments in managed services deals involving AI and cloud computing, according to market intelligence firm IDC. The region (Western Europe) maintained strong growth despite various economic and geopolitical uncertainties.

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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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Financial Reporting Challenges for CFOs in 2022

Jet Global

The 2022 Talent Shortage and the Great Resignation. The job market has shifted dramatically since the onset of the global health pandemic. Continued uncertainty about the future prompting them to retire earlier than they might have otherwise. Empower Your Remote Finance Team with Excel Based Reporting. Access Resource.

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Why Construction Businesses Should Track KPIs to Conquer Economic Uncertainty

Jet Global

How deeply will projects be impacted by market instability, skills shortages, and supply chain delays? In 2021, construction spending grew 8% in the United States, and the overall value reached $2 trillion in Q2 2022 alone according to Deloitte’s 2023 Engineering and Construction Industry Outlook. trillion worldwide by 2030.

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Leadership in 2022: Focus on Empathy

Cloudera

Empathy stands out as a core skill that must be alive and nurtured within our teams if we are to achieve our desired outcomes in 2022 and beyond. Grant Thornton’s 2021 International Business Report research highlights the emergence of empathy as a valued leadership trait. Moving into the future with powerful leaders.

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IT budget shock: Global IT services firms continue to struggle

CIO Business Intelligence

The global IT services industry is at a significant crossroads, with the explosive growth of generative AI and deepening economic uncertainties reshaping its future. These developments, along with broader market reports, have cast a shadow over the growth prospects of the IT services sector.

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