This year’s research reveals how New Zealand CIOs are concurrently tackling the fast pace of change across markets and technologies, as well as their roles.
cost cutting - News, Features, and Slideshows
A focus on growing areas of interest internationally, like artificial intelligence, machine learning, and data science, went without mention in Budget 2017, writes Craig Hudson of Xero NZ.
Project activity is on the rise, but so are failure rates, and more organisations are disestablishing project management offices, reports KPMG.
It's not shocking that many companies are scaling back, delaying or canceling IT projects. Recent Gartner survey data of 475 IT decision makers in global enterprises with 1000 or more employees found that more companies are actually postponing or scaling back computing projects rather than canceling them outright.
Conventional wisdom would hold that customer relationship management (CRM) software is one area of the business not to be ignored during tough financial times. But who's got millions to spend on new CRM apps and functionalities?
Wal-Mart and other large retailers have been a major driving force behind radio frequency identification (RFID) adoption, causing it to be viewed merely as a more effective alternative to bar codes where it saves billions through reduced labor costs, out-of-stock expenses, theft, warehouse management costs and inventory levels. However, improvement in supply chain identification may only be the tip of the RFID iceberg--billions of dollars in the form of new business opportunities may lie beneath the waterline.
For example, the Advanced Research Projects Agency Network (ARPANET), the predecessor of Internet, was conceived with a modest goal of improving communication between computers. Who could have guessed back in the 1960s that ARPANET would lay the foundation for today's US$140 billion e-commerce industry?