5 Digital Transformation Resolutions CIOs Need to Keep in 2021

1. Top 5 Digital Transformation Trends Data and analytics are here to stay and play a key role in organizational cultures and the decision-making process. Businesses dealing with a large amount of customer data can leverage it to provide real-time business intelligence. We will see more companies investing in Business Intelligence (BI) software. Prioritize Data 01 As COVID-19 increasingly drives organizations into the cloud to manage their remote workforce, Newman predicts a rise in hybrid cloud strategies to help organizations achieve the right balance for their individual cloud infrastructure needs. Embrace Hybrid Cloud https://www.compunneldigital.com/glossary/hybrid-cloud/ 02 Many businesses will use RPA to automate tasks and upskill and boost their existing workforces' value. Gartner projects spending on RPA software to hit $1.3 billion this year, with Forrester forecasting that there will be a $2.9 billion RPA software market in 2021. Automate with RPAs 03 As per a report by IDC- worldwide spending on AI systems will hit nearly $98 billion. Self-teaching algorithms and intelligent machinery will play a large role in the ongoing battle against this outbreak and others we may face in the future. AI undoubtedly remains a key trend. https://www.compunneldigital.com/blog/ai-in-cybersecurity-the-need-of-the-hour/ Invest in Artificial Intelligence 04 Though cybersecurity has always been of high importance, with the impact of COVID-19, only the volume has been emphasized. Attacks on banks rose 238 percent, and attacks on cloud servers increased by 600 percent from January to April 2020 alone. With fewer employees working on the same secure network, it is imperative that companies support their systems and upgrade their cybersecurity strategies, and expand them to home networks and mobile home devices. Shore Up Your Cybersecurity 05 ©2020 Compunnel Digital, Inc. All rights reserved