The document contains several charts and graphs showing consulting industry trends. The first chart shows the distribution of consulting clients by industry, with healthcare, professional services, and software-as-a-service being the top three. Additional charts show the top priorities for consulting are attracting new talent and improving customer experience. Charts also show top challenges include addressing Brexit fallout and cutting costs, while technology is seen as helping with cybersecurity and the customer experience.
Success with data begets more success. But blind spots and a lack of priorities around data can lead to lower success rates. These and other findings are available from our study of more than 1,000 CIOs in North America and Europe.
What matters in security - A highlighterAndre Muscat
Macro and strategic trends in digital security for leaders trying to understand and communicate what matters to be assured and secured. Master the connection between business value and cybersecurity management through a non-technical lens.
Stuart Brookes, Introducing and Promoting Self-Service (SDI webinar)Service Desk Institute
Stuart Brookes outlines Doncaster Council's efforts to introduce and promote self-service options to reduce overhead costs and increase efficiency. The council gained executive support, designed an online portal, and promoted it to staff and customers. Surveys found most customers still prefer phone support, but the percentage of issues reported through self-service has risen from 14% to 26% over three years. Brookes concludes the council will continue improving the portal based on feedback and aim to further increase self-service usage.
This document summarizes a report on IT outsourcing trends in Denmark. It discusses the research methodology, key reasons for outsourcing including cost reduction. Common outsourcing types are web hosting, application hosting and help desk support. Relationship challenges and cost savings are also examined. The report predicts geographical proximity and cultural compatibility will be important future factors when choosing outsourcing partners. It concludes there is increasing demand from startups and SMEs across industries for outsourced IT services especially in areas like web and mobile development.
Layoffs in the games industry: analytics and forecasts / Sasha Kononenko (Val...DevGAMM Conference
Layoffs analytics: how does reduction affect the labor market and industry? We're going to discuss the main layoffs in 2022, which specialists suffered the most, and what to expect in 2023.
As a bonus, we prepared a block on how to fire ethically.
The document summarizes the findings of the fourth survey conducted as part of The Voice of Australian Business research project. Some key findings include:
- Business confidence is beginning to weaken compared to previous surveys. Medium sized businesses are more confident about long term prospects than micro or small businesses.
- When asked about the 2016-2017 budget, around 40% of SMEs believed it would not include beneficial measures for their business. Tax simplification and corporate tax cuts were most desired.
- Over half of SMEs do not have a formal risk management process, with competitors and economic volatility viewed as the top business risks.
- Digital disruption is seen as more of an opportunity than a threat across all
Improving the small business banking experienceBredin, Inc.
How much do small business owners (SBOs) trust different industries, including banks, credit unions and alternative lenders? What do small businesses want from the bank relationship? What are banks doing well, and what can they do better, to improve the customer experience – and as a result, acquisition, retention and cross-sell? What kinds of credit are SBOs using – or do they plan to use – from banks and alternative lenders? How are SBO attitudes towards, and planned usage of, alternative lenders evolving?
To answer these questions, we recently surveyed 500 U.S. SBOs. There are some great learnings on what SBOs value in a lender relationship, and what you can do to enhance it.
You’ll learn:
• The SBO business outlook
• SBO trust in 26 different industries, from alternative lenders to wireless service providers
• SBO awareness of and trust in 27 leading banks
• Bank industry, and top bank, Net Promoter Scores
• What SBOs want in a bank relationship
• Where banks are under- and over-performing against SBO preferences
• Current use and providers of credit products – including business credit cards, savings and checking accounts, loans, LOCs, factoring and MCAs
• Planned use and potential providers of credit products
• How SBO attitudes towards alternative lenders have changed
• SBO usage of and satisfaction with banking apps and events
• The impact of content marketing on bank brand perception, loyalty and upsell
• How to boost awareness and trust via content marketing
You’ll get valuable insights to put to work right away in your SBO customer experience and content marketing plans.
Success with data begets more success. But blind spots and a lack of priorities around data can lead to lower success rates. These and other findings are available from our study of more than 1,000 CIOs in North America and Europe.
What matters in security - A highlighterAndre Muscat
Macro and strategic trends in digital security for leaders trying to understand and communicate what matters to be assured and secured. Master the connection between business value and cybersecurity management through a non-technical lens.
Stuart Brookes, Introducing and Promoting Self-Service (SDI webinar)Service Desk Institute
Stuart Brookes outlines Doncaster Council's efforts to introduce and promote self-service options to reduce overhead costs and increase efficiency. The council gained executive support, designed an online portal, and promoted it to staff and customers. Surveys found most customers still prefer phone support, but the percentage of issues reported through self-service has risen from 14% to 26% over three years. Brookes concludes the council will continue improving the portal based on feedback and aim to further increase self-service usage.
This document summarizes a report on IT outsourcing trends in Denmark. It discusses the research methodology, key reasons for outsourcing including cost reduction. Common outsourcing types are web hosting, application hosting and help desk support. Relationship challenges and cost savings are also examined. The report predicts geographical proximity and cultural compatibility will be important future factors when choosing outsourcing partners. It concludes there is increasing demand from startups and SMEs across industries for outsourced IT services especially in areas like web and mobile development.
Layoffs in the games industry: analytics and forecasts / Sasha Kononenko (Val...DevGAMM Conference
Layoffs analytics: how does reduction affect the labor market and industry? We're going to discuss the main layoffs in 2022, which specialists suffered the most, and what to expect in 2023.
As a bonus, we prepared a block on how to fire ethically.
The document summarizes the findings of the fourth survey conducted as part of The Voice of Australian Business research project. Some key findings include:
- Business confidence is beginning to weaken compared to previous surveys. Medium sized businesses are more confident about long term prospects than micro or small businesses.
- When asked about the 2016-2017 budget, around 40% of SMEs believed it would not include beneficial measures for their business. Tax simplification and corporate tax cuts were most desired.
- Over half of SMEs do not have a formal risk management process, with competitors and economic volatility viewed as the top business risks.
- Digital disruption is seen as more of an opportunity than a threat across all
Improving the small business banking experienceBredin, Inc.
How much do small business owners (SBOs) trust different industries, including banks, credit unions and alternative lenders? What do small businesses want from the bank relationship? What are banks doing well, and what can they do better, to improve the customer experience – and as a result, acquisition, retention and cross-sell? What kinds of credit are SBOs using – or do they plan to use – from banks and alternative lenders? How are SBO attitudes towards, and planned usage of, alternative lenders evolving?
To answer these questions, we recently surveyed 500 U.S. SBOs. There are some great learnings on what SBOs value in a lender relationship, and what you can do to enhance it.
You’ll learn:
• The SBO business outlook
• SBO trust in 26 different industries, from alternative lenders to wireless service providers
• SBO awareness of and trust in 27 leading banks
• Bank industry, and top bank, Net Promoter Scores
• What SBOs want in a bank relationship
• Where banks are under- and over-performing against SBO preferences
• Current use and providers of credit products – including business credit cards, savings and checking accounts, loans, LOCs, factoring and MCAs
• Planned use and potential providers of credit products
• How SBO attitudes towards alternative lenders have changed
• SBO usage of and satisfaction with banking apps and events
• The impact of content marketing on bank brand perception, loyalty and upsell
• How to boost awareness and trust via content marketing
You’ll get valuable insights to put to work right away in your SBO customer experience and content marketing plans.
This document analyzes survey results from 500 small and medium-sized business principals regarding factors that influence their awareness of new products and services. The key findings are:
1) SMB principals see themselves as the leading influencer of product awareness for their businesses, followed by their business partners or sales/marketing staff depending on company size and revenue.
2) Fast-growing SMBs, startups, and younger respondents are especially reliant on their marketing staff and consultants for new product awareness.
3) Male entrepreneurs are more influenced by their head of finance, while manufacturers are especially reliant on peers and colleagues.
How familiar are small and medium businesses (SMBs) with the cloud? What cloud solutions are they using? Which are they considering adopting next? What is motivating their cloud adoption? Who do they want to buy from, and what do they want from cloud solution providers?
To answer these questions – and to help you sell the cloud more effectively to SMBs – we recently surveyed 500 U.S. SMB principals.
In this report you’ll learn:
What keeps SMBs up at night
The terminology that works best with SMBs when discussing the cloud
The applications SMBs use today
SMB application adoption plans
Which applications SMBs use in the cloud – and their migration outlook
How freemium services drive adoption
Why SMBs adopt cloud solutions
How SMBs rank cloud benefits
The channels SMBs prefer
What SMBs want from a cloud vendor
You’ll get actionable insights to put to work in your 2020 SMB marketing plans.
This document provides a summary of a presentation on trends in the South African contact centre industry from 2009 to 2010 and beyond. It discusses key challenges such as increasing customer satisfaction while reducing costs and risks. It provides statistics on the size and characteristics of the South African contact centre industry. It also examines important trends such as staffing issues, technology developments, outsourcing, connectivity improvements, the growth of social media, and new legislation that will impact the industry.
The document discusses research methods for gaining insights into small and medium-sized businesses (SMBs) to help increase sales to this segment. It outlines both qualitative and quantitative research approaches that can provide information on attitudes, usage, buyer identification, perceptions, segmentation, behaviors and preferences. The analytics output from this research can then inform content, social media, collateral and other marketing programs. Specific awareness initiator events, roles, and content formats that drive SMBs to investigate new products and services are also examined.
This document discusses Zinnov Zones ratings for digital services and the enterprise digital transformation landscape. It covers three key areas: the digital journey of enterprises and their evolving organizational structure, investments, and ecosystem leverage; the market landscape for enterprise digital transformation and trends in spending; and the evolution of the service provider landscape and their ratings in Zinnov Zones for digital capabilities.
Wind Energy and COVID-19. Effects and Possible Impacts on the Wind Power Indu...Stavros Thomas
This is not a happy story. But it’s a story that strongly hints at an exciting sequel of events and facts. Wind Energy Science (WESCi) and its industry market research division, is closely watching the impact of COVID-19 (coronavirus) on the wind power industry around the world. We assess the growing impact of coronavirus on wind power business and share insights on how organizations and companies need to plan their response on this pandemic and deal with the uncertainties associated with this pandemic.
CIOs traditionally oversee the IT department within the organization, but as businesses introduce more digital processes, the CIO role may be expanding. In 2022, CIOs have many challenges to face, whether that’s the widely-reported “Great Resignation,” the enablement of hybrid work as some regions lift Covid restrictions, or the myriad
cybersecurity threats.
Amid the need for multiple areas of focus, what are CIOs prioritizing in 2022?
Use these insights to benchmark against your peers.
One-Minute Insights on timely topics are available to Gartner Peer Insights members.
Sign up for access to over 100 more, and new insights each week.
This document describes DataCeutics, a company that provides functional service provider and statistical programming services for clinical trials. It offers services such as CDISC programming, validation, data requests, and staff augmentation. DataCeutics has been operating for 23 years with a 94% employee retention rate. It provides case studies highlighting cost savings of 20% or more compared to internal sponsor staffing. It also describes the benefits of its remote functional service provider model for attracting experienced programmers and reducing staffing expenses.
The document discusses employee spend management and provides an overview of Concur Travel and Expense. It outlines challenges with managing employee spending such as lack of visibility, incomplete data, and noncompliance. Concur offers an integrated spend management solution that provides controls, reduces costs, increases adoption of processes, and gives visibility into spending data. The solution is hosted, requires minimal IT involvement, and integrates with other systems.
The document summarizes the findings of a 2022 survey of over 1,000 CIOs and IT leaders conducted by CIO regarding the state of the CIO role. Some key findings include:
- CIOs say their role is becoming more focused on digital transformation and innovation compared to business counterparts.
- CIOs are currently focusing on security management and improving IT operations/systems performance.
- In 2021, CIOs played a more strategic role in technology considerations compared to previous years.
- Top business initiatives that have increased in priority due to socio-economic pressures include security/risk management, customer experience technologies, and data/business analytics.
- The technology initiatives expected to drive the most
This document summarizes information about FixNix, a Governance, Risk, and Compliance (GRC) solutions company. It outlines FixNix's vision, mission, growth timeline, strategic team members, clients, competitors, target markets, and revenue and expense projections for the first year. Key details include FixNix winning the Microsoft Bizspark challenge in 2012, growing to 20 employees by 2013, and projecting $5.65 million in revenue for the first year with marketing expenses of $360,000.
Figtech Limited is developing a customer-focused platform to connect customers of life insurance, investment, and pension companies to improve their financial experience, literacy, savings, and well-being by making financial products more affordable and accessible through digital tools and education. The platform aims to address problems in Ghana such as low insurance and pension coverage, financial illiteracy, and lack of digitization by empowering customers to make informed financial decisions for their future.
The Most Effective Analytics Trends of 2019: Insights From Howard DresnerAggregage
Join Howard Dresner, founder and chief research officer of Dresner Advisory Services, as he shares his research on the analytics market from surveys with over 5,000 organizations. You’ll learn about the key drivers to business success with analytics and how predictive analytics can drive revenue.
2014 Digital Marketing Landscape Study: The Power of Digital Experiencesion interactive
The digital marketing landscape is evolving rapidly. Are you keeping pace with your competitors?
This fall, Demand Metric surveyed over 500 digital marketers across B2B, B2C and agency organizations on the landscape of digital marketing moving into 2014.
They found that sophisticated digital experiences are having a significant, measurable impact on brand perception and revenue growth. In fact, 76% of organizations who put a high priority on digital experience creation reported revenue growth this fiscal year.
Find out:
- What’s working now
- What organizations are planning to do in 2014
- The benefits & challenges of creating digital experiences
- How ingenuity & agility play a larger role than budget or company size
- Plus, analyst recommendations for increased brand perception & revenue growth in the new year
The global pandemic returned digital transformation to the spotlight. The lockdown put every digital business model to the test. Some organizations proved agile and resilient, but most were sent back to the drawing board to reconstruct their digital and analytic foundations.
In response, the modern C-Suite is now being tightly knit into one digital whole, connected by a web of data and analytics.
These slides--based on the webinar from leading IT research firm Enterprise Management Associates (EMA)-- outline the priorities of digital transformation in the modern C-Suite.
The document summarizes the findings of a 2022 survey of over 1,000 CIOs and IT leaders about the state of their roles and priorities. Some key findings include:
- Most CIOs said their role is becoming more focused on digital transformation and innovation compared to business counterparts.
- CIOs are currently focusing on security management and improving IT operations/systems performance.
- In 2021, the CIO role elevated in strategic importance at most organizations.
- Top priorities for 2022 include increasing security/risk management investments and data/business analytics.
The document summarizes the key findings of a 2022 State of the CIO survey conducted with over 1,200 CIOs and IT leaders. Some of the main findings include:
- Most CIOs expect their IT budgets to increase in the next 12 months compared to the past year, returning to pre-pandemic levels.
- CIOs feel they are more involved in digital transformation initiatives than their business counterparts and their role is becoming more focused on digital innovation.
- CIOs are currently focusing their time on security management and improving IT operations/systems performance.
- IT leadership is seen as more strategically important at organizations compared to the prior year.
- Top business initiatives that are
The document summarizes the results of the 2015 IT Sector Census. Some key findings include:
- 945 companies from 30 countries participated, with 555 responses analyzed
- Most responses came from Latin America (87.6%), followed by Europe (7.4%) and Africa (5%)
- Brazil had the most participants (55.1%) followed by Argentina (8.5%) and other Latin American countries
- The census database with over 188,000 individual answers from 2013-2015 is available for further in-depth analysis by associations, universities, and governments to better understand IT sector trends.
2017 Ventureburn Tech Startup Survey resultsBurn Media
This survey of 260 South African startups revealed the following key insights:
- Most startups are in Western Cape (47%) and Gauteng (44%), led primarily by male founders aged 25-35 (65%). Half of founders are black.
- The biggest challenges startups face are lack of funding/capital (52%) and attracting market access and funding are top areas incubators can help.
- Most startups have been operating less than 2 years, employ 5 or fewer people, and generate less than R1 million in annual revenue.
- Initial funding primarily comes from personal savings/friends/family for 70% of startups, but 71% want over R1 million in future funding.
This document outlines the benefits of digitizing and automating manual processes. It shows that digitalized processes can be completed in less than 3 days compared to over 15 days for manual processes. Additionally, costs are reduced from over 20 euros for manual work to under 3 euros with digital automation. Automating document workflows provides significant time and cost savings over traditional manual methods.
This document summarizes a webinar presented by Basware and Fluxym on fueling procurement-to-pay processes with high quality e-invoice data. The webinar covered how organizations can automate AP processes through static rules and dynamic AI/ML, examples of insights that can be gained from invoice data, and compliance models for e-invoicing in different regions. It also provided an overview of paper, PDF, and e-invoices and recommended focus areas for organizations looking to improve invoice processing such as getting invoice receiving channels set up, ensuring supplier data quality, and reviewing invoice management processes.
More Related Content
Similar to Sage: Game-Changers that Make Digitalisation the CFOs Top Priority
This document analyzes survey results from 500 small and medium-sized business principals regarding factors that influence their awareness of new products and services. The key findings are:
1) SMB principals see themselves as the leading influencer of product awareness for their businesses, followed by their business partners or sales/marketing staff depending on company size and revenue.
2) Fast-growing SMBs, startups, and younger respondents are especially reliant on their marketing staff and consultants for new product awareness.
3) Male entrepreneurs are more influenced by their head of finance, while manufacturers are especially reliant on peers and colleagues.
How familiar are small and medium businesses (SMBs) with the cloud? What cloud solutions are they using? Which are they considering adopting next? What is motivating their cloud adoption? Who do they want to buy from, and what do they want from cloud solution providers?
To answer these questions – and to help you sell the cloud more effectively to SMBs – we recently surveyed 500 U.S. SMB principals.
In this report you’ll learn:
What keeps SMBs up at night
The terminology that works best with SMBs when discussing the cloud
The applications SMBs use today
SMB application adoption plans
Which applications SMBs use in the cloud – and their migration outlook
How freemium services drive adoption
Why SMBs adopt cloud solutions
How SMBs rank cloud benefits
The channels SMBs prefer
What SMBs want from a cloud vendor
You’ll get actionable insights to put to work in your 2020 SMB marketing plans.
This document provides a summary of a presentation on trends in the South African contact centre industry from 2009 to 2010 and beyond. It discusses key challenges such as increasing customer satisfaction while reducing costs and risks. It provides statistics on the size and characteristics of the South African contact centre industry. It also examines important trends such as staffing issues, technology developments, outsourcing, connectivity improvements, the growth of social media, and new legislation that will impact the industry.
The document discusses research methods for gaining insights into small and medium-sized businesses (SMBs) to help increase sales to this segment. It outlines both qualitative and quantitative research approaches that can provide information on attitudes, usage, buyer identification, perceptions, segmentation, behaviors and preferences. The analytics output from this research can then inform content, social media, collateral and other marketing programs. Specific awareness initiator events, roles, and content formats that drive SMBs to investigate new products and services are also examined.
This document discusses Zinnov Zones ratings for digital services and the enterprise digital transformation landscape. It covers three key areas: the digital journey of enterprises and their evolving organizational structure, investments, and ecosystem leverage; the market landscape for enterprise digital transformation and trends in spending; and the evolution of the service provider landscape and their ratings in Zinnov Zones for digital capabilities.
Wind Energy and COVID-19. Effects and Possible Impacts on the Wind Power Indu...Stavros Thomas
This is not a happy story. But it’s a story that strongly hints at an exciting sequel of events and facts. Wind Energy Science (WESCi) and its industry market research division, is closely watching the impact of COVID-19 (coronavirus) on the wind power industry around the world. We assess the growing impact of coronavirus on wind power business and share insights on how organizations and companies need to plan their response on this pandemic and deal with the uncertainties associated with this pandemic.
CIOs traditionally oversee the IT department within the organization, but as businesses introduce more digital processes, the CIO role may be expanding. In 2022, CIOs have many challenges to face, whether that’s the widely-reported “Great Resignation,” the enablement of hybrid work as some regions lift Covid restrictions, or the myriad
cybersecurity threats.
Amid the need for multiple areas of focus, what are CIOs prioritizing in 2022?
Use these insights to benchmark against your peers.
One-Minute Insights on timely topics are available to Gartner Peer Insights members.
Sign up for access to over 100 more, and new insights each week.
This document describes DataCeutics, a company that provides functional service provider and statistical programming services for clinical trials. It offers services such as CDISC programming, validation, data requests, and staff augmentation. DataCeutics has been operating for 23 years with a 94% employee retention rate. It provides case studies highlighting cost savings of 20% or more compared to internal sponsor staffing. It also describes the benefits of its remote functional service provider model for attracting experienced programmers and reducing staffing expenses.
The document discusses employee spend management and provides an overview of Concur Travel and Expense. It outlines challenges with managing employee spending such as lack of visibility, incomplete data, and noncompliance. Concur offers an integrated spend management solution that provides controls, reduces costs, increases adoption of processes, and gives visibility into spending data. The solution is hosted, requires minimal IT involvement, and integrates with other systems.
The document summarizes the findings of a 2022 survey of over 1,000 CIOs and IT leaders conducted by CIO regarding the state of the CIO role. Some key findings include:
- CIOs say their role is becoming more focused on digital transformation and innovation compared to business counterparts.
- CIOs are currently focusing on security management and improving IT operations/systems performance.
- In 2021, CIOs played a more strategic role in technology considerations compared to previous years.
- Top business initiatives that have increased in priority due to socio-economic pressures include security/risk management, customer experience technologies, and data/business analytics.
- The technology initiatives expected to drive the most
This document summarizes information about FixNix, a Governance, Risk, and Compliance (GRC) solutions company. It outlines FixNix's vision, mission, growth timeline, strategic team members, clients, competitors, target markets, and revenue and expense projections for the first year. Key details include FixNix winning the Microsoft Bizspark challenge in 2012, growing to 20 employees by 2013, and projecting $5.65 million in revenue for the first year with marketing expenses of $360,000.
Figtech Limited is developing a customer-focused platform to connect customers of life insurance, investment, and pension companies to improve their financial experience, literacy, savings, and well-being by making financial products more affordable and accessible through digital tools and education. The platform aims to address problems in Ghana such as low insurance and pension coverage, financial illiteracy, and lack of digitization by empowering customers to make informed financial decisions for their future.
The Most Effective Analytics Trends of 2019: Insights From Howard DresnerAggregage
Join Howard Dresner, founder and chief research officer of Dresner Advisory Services, as he shares his research on the analytics market from surveys with over 5,000 organizations. You’ll learn about the key drivers to business success with analytics and how predictive analytics can drive revenue.
2014 Digital Marketing Landscape Study: The Power of Digital Experiencesion interactive
The digital marketing landscape is evolving rapidly. Are you keeping pace with your competitors?
This fall, Demand Metric surveyed over 500 digital marketers across B2B, B2C and agency organizations on the landscape of digital marketing moving into 2014.
They found that sophisticated digital experiences are having a significant, measurable impact on brand perception and revenue growth. In fact, 76% of organizations who put a high priority on digital experience creation reported revenue growth this fiscal year.
Find out:
- What’s working now
- What organizations are planning to do in 2014
- The benefits & challenges of creating digital experiences
- How ingenuity & agility play a larger role than budget or company size
- Plus, analyst recommendations for increased brand perception & revenue growth in the new year
The global pandemic returned digital transformation to the spotlight. The lockdown put every digital business model to the test. Some organizations proved agile and resilient, but most were sent back to the drawing board to reconstruct their digital and analytic foundations.
In response, the modern C-Suite is now being tightly knit into one digital whole, connected by a web of data and analytics.
These slides--based on the webinar from leading IT research firm Enterprise Management Associates (EMA)-- outline the priorities of digital transformation in the modern C-Suite.
The document summarizes the findings of a 2022 survey of over 1,000 CIOs and IT leaders about the state of their roles and priorities. Some key findings include:
- Most CIOs said their role is becoming more focused on digital transformation and innovation compared to business counterparts.
- CIOs are currently focusing on security management and improving IT operations/systems performance.
- In 2021, the CIO role elevated in strategic importance at most organizations.
- Top priorities for 2022 include increasing security/risk management investments and data/business analytics.
The document summarizes the key findings of a 2022 State of the CIO survey conducted with over 1,200 CIOs and IT leaders. Some of the main findings include:
- Most CIOs expect their IT budgets to increase in the next 12 months compared to the past year, returning to pre-pandemic levels.
- CIOs feel they are more involved in digital transformation initiatives than their business counterparts and their role is becoming more focused on digital innovation.
- CIOs are currently focusing their time on security management and improving IT operations/systems performance.
- IT leadership is seen as more strategically important at organizations compared to the prior year.
- Top business initiatives that are
The document summarizes the results of the 2015 IT Sector Census. Some key findings include:
- 945 companies from 30 countries participated, with 555 responses analyzed
- Most responses came from Latin America (87.6%), followed by Europe (7.4%) and Africa (5%)
- Brazil had the most participants (55.1%) followed by Argentina (8.5%) and other Latin American countries
- The census database with over 188,000 individual answers from 2013-2015 is available for further in-depth analysis by associations, universities, and governments to better understand IT sector trends.
2017 Ventureburn Tech Startup Survey resultsBurn Media
This survey of 260 South African startups revealed the following key insights:
- Most startups are in Western Cape (47%) and Gauteng (44%), led primarily by male founders aged 25-35 (65%). Half of founders are black.
- The biggest challenges startups face are lack of funding/capital (52%) and attracting market access and funding are top areas incubators can help.
- Most startups have been operating less than 2 years, employ 5 or fewer people, and generate less than R1 million in annual revenue.
- Initial funding primarily comes from personal savings/friends/family for 70% of startups, but 71% want over R1 million in future funding.
Similar to Sage: Game-Changers that Make Digitalisation the CFOs Top Priority (20)
This document outlines the benefits of digitizing and automating manual processes. It shows that digitalized processes can be completed in less than 3 days compared to over 15 days for manual processes. Additionally, costs are reduced from over 20 euros for manual work to under 3 euros with digital automation. Automating document workflows provides significant time and cost savings over traditional manual methods.
This document summarizes a webinar presented by Basware and Fluxym on fueling procurement-to-pay processes with high quality e-invoice data. The webinar covered how organizations can automate AP processes through static rules and dynamic AI/ML, examples of insights that can be gained from invoice data, and compliance models for e-invoicing in different regions. It also provided an overview of paper, PDF, and e-invoices and recommended focus areas for organizations looking to improve invoice processing such as getting invoice receiving channels set up, ensuring supplier data quality, and reviewing invoice management processes.
Why Talent Optimisation Must Be Your 2025 Imperative (Mark McKormack at Fuel5...Executive Leaders Network
Delivered at the Executive Leaders Network and Workplace X HR Leaders Event on Thursday 10th November 2022.
"Organisational resilience and workforce optimisation are now strategic imperatives in our new post-pandemic recession era. The world of work is being defined by talent shortages and the skills gaps crisis, with Reskilling, Recruiting and Retention now trending as the global HR challenges today. 80% of companies looking to future-proof their organisation need to understand their workforce better and tap into the fast-growing talent marketplace (SHRM). Join us as we enter the era of Talent Optimisation, where talents and skills will be your differentiator."
Thrive in the World of Change (Joshua May and Richard Revis, Blackline and EY)Executive Leaders Network
Delivered at ELN's Finance Leaders Event on Thursday 10th November 2022.
"Change is the only constant. No words have rung truer over the past few years.
As the world faces continuing disruption, companies can expect an accelerating pace of change and will need to build greater organisational resilience to better respond and adapt to a changing landscape.
Finance automation solutions are helping accounting and finance teams embrace change to not only improve accuracy, execute tighter controls, and decrease risk, but also focus on complex and judgemental areas to help drive strategic business decisions.
This is what modern accounting looks like: processes are automated, data is connected, and the role of auditor and accountant is elevated. The overall accounting team’s role evolves beyond executing checklists and historical reporting to include proactive analytics and a seat at the decision-making table.
After this session, attendees will be able to:
• Employ best practices, resulting in a better utilised, more efficient organisation that focuses on risk management, compliance, and data analytics
• Transform the way accounting and audit departments work by reducing manual tasks, resulting in better attraction and engagement of top talent
• Understand the power of automation and how it strengthens accounting organisations"
Delivered at ELN's HR Leaders Event on Thursday 10th November 2022.
"How did EDF leverage data and a new Learning Management System to create a successful, human focussed continuous leadership development programme?
The barriers to learning are well documented. Our leaders told us they have issues with accessibility, lack of time and motivation. Underpinning this, our leadership population is located across the UK with their own unique development requirements.
In this session, Andrew Golightly will talk through the steps taken to tackle these problems and how the EDF People Development HR team aligned to two mantras:
• Provide simple access to impactful people development
• Design a programme that is for leaders, by leaders"
Building a Resilient Finance Function for 2023 and Beyond (Tommaso Aquilante ...Executive Leaders Network
Delivered at ELN's Finance Leaders Event on Thursday 10th November 2022.
"Find out from Dun & Bradstreet how you can proactively protect your business - and finance function - from an uncertain macro economic environment. Find out how to tackle inflationary pressures, rising energy costs, and avoid financial and cash flow concerns.
Identify supplier vulnerabilities - and take action quickly before they impact your business' bottom line."
Mitigate Risk and Reduce Operational Costs with Low Code Process Automation (...Executive Leaders Network
Delivered at ELN's Finance Leaders Event on Thursday 10th November 2022.
"• Reducing operational costs whilst maintaining and improving service quality
• Consolidating and streamlining people, process, data and systems
• Rapidly introducing and managing new regulations
• Remaining agile in a forever changing world – Digital Transformation"
Delivered at the Executive Leaders Network and Workplace X HR Leaders Event on Thursday 10th November 2022.
"Nuvolo customers are innovators, right down to the maintenance and workplace solutions that support their global offices, retail stores, and facility sites. In this session, we will walk you through the journey of FM digitisation as it relates to three enterprise customers, sharing their insights and use cases for not just creating and managing sustainable environments and buildings, but for extracting financial rewards too. Join us to hear about:
• How system consolidation delivers accurate, up-to-date information sharing between maintenance, HR, workplace services, IT, and operations.
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[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
This presentation is a curated compilation of PowerPoint diagrams and templates designed to illustrate 20 different digital transformation frameworks and models. These frameworks are based on recent industry trends and best practices, ensuring that the content remains relevant and up-to-date.
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These materials are perfect for enhancing your business or classroom presentations, offering visual aids to supplement your insights. Please note that while comprehensive, these slides are intended as supplementary resources and may not be complete for standalone instructional purposes.
Frameworks/Models included:
Microsoft’s Digital Transformation Framework
McKinsey’s Ten Guiding Principles of Digital Transformation
Forrester’s Digital Transformation Framework
IDC’s Digital Transformation MaturityScape
MIT’s Digital Transformation Framework
Gartner’s Digital Transformation Framework
Accenture’s Digital Strategy & Enterprise Frameworks
Deloitte’s Digital Industrial Transformation Framework
Capgemini’s Digital Transformation Framework
PwC’s Digital Transformation Framework
Cisco’s Digital Transformation Framework
Cognizant’s Digital Transformation Framework
DXC Technology’s Digital Transformation Framework
The BCG Strategy Palette
McKinsey’s Digital Transformation Framework
Digital Transformation Compass
Four Levels of Digital Maturity
Design Thinking Framework
Business Model Canvas
Customer Journey Map
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3. 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0%
Other services
Not-for-profit
Healthcare
Professional services
Software-as-a-Service
Hospitality and leisure
Financial services
4.
5.
6.
7.
8. 0% 10% 20% 30% 40% 50%
Ability to attract new talent
Customer experience
Corporate audits
Cybersecurity and reducing cyber risks
Forecasting and strategic planning
Data governance
Period-end/year-end close
9. 0% 10% 20% 30% 40% 50% 60%
Addressing challenges brought on by Brexit
Advising the CEO on strategic
opportunities to restore/drive growth
Financing debt built up during the
pandemic and associated lockdowns
Cutting costs
10. 0% 10% 20% 30% 40% 50% 60%
Technology will help tighten
our cybersecurity and reduce cyber risks
Technology will help drive
our customer experience
Cloud-ready Not cloud-ready
11.
12. 0% 10% 20% 30% 40% 50%
Leadership and people management
Financial modelling/scenario building
Digital skills/technological literacy
Advanced data analytics
Strategic planning
0% 10% 20% 30% 40%
Remote teamwork
Advanced data analytics
Financial modelling/scenario building
Digital skills/technological literacy
Stakeholder communication
Editor's Notes
Good morning, everyone, and welcome to today's session.
I'm Ian Rose, a Senior Solution Consultant for Sage.
I'm going to be talking to you today about how CFOs lead the change to digital transformation. Sage recently issued a report on this, in partnership with longitude. And in this research, we looked at:
How the Covid 19 pandemic impacted demands on the finance function from other business stakeholders.
How the role of the CFO and finance teams is changing and what new skill sets will be needed for the future.
What digital tools finance leaders will need to continue doing their jobs effectively and efficiently.
Over the next twenty minutes or so, I’ll take you through some of the highlights of the report and some of the outcomes we can learn from it, which I hope you'll find useful and informative as finance leaders.
So let's get going.
Before I get into the stats, let me set the scene. Here's a profile of the audience we contacted as a part of the research.
It reached a number of sectors covering a range of industries from financial services to hospitality and leisure, but also sectors as diverse as healthcare and not-for-profit.
In total we talked to 500 senior business leaders, from companies with revenues of between 3 and £500 million
And with employee numbers ranging from 50 to 1000 employees
So a good cross-section of small and mid-size businesses.
There's no denying that the pandemic thrust finance leaders across the UK into the spotlight. Covid 19 heightened the leadership status of the finance team, but it also increased expectations that they could predict the financial future
This ongoing pressure to provide higher volume and quality of insights, and at greater speed, along with frustration at outdated manual processes, has led to many finance leaders rethinking their digital strategies.
{Slide build}
According to this survey, more than half (56%) of finance professionals say digitalisation is now their number one goal for the coming two years.
In fact, our CFO, Jonathan Howell was quoted in the report, saying “those at the forefront of digitalisation understand the benefits that automation and cloud brings to the finance function. The rest of the finance community are very fast followers, because best practices spread.”
This just goes to show the influence finance leaders can have.
It's fair to say that we were already experiencing a lot of change before the pandemic. Finance was seeing ever-increasing demands from the rest of the business, but Covid 19 has had a material impact, and has accelerated that – and in Sage, for example, we are finding this is still the biggest driver of change for financial leaders.
The impression is that Covid forced unplanned change which could be seen as a negative, but it's important to focus on the positives that came out of those changes as well.
I would posit that the CFOs influence over digitalisation is greater now after the pandemic than it was before, as you can see here.
67% directly agreed that the influence of the CFO over digitalisation has increased, and whilst we could focus on the need for digital financial tools, this isn't limited to finance.
23% of respondents, nearly one in four reported that department heads specifically asked the finance department for investment in emerging technologies, and more than half said they experienced a rise in requests for technology enabled financial tools from other departments. {slide?}
I mentioned upfront that this forced change at the onset of the pandemic had both negative and positive consequences, but it has definitely elevated the finance function. Investment in back-office finance systems was often seen to be low value. That’s not necessarily the case where there are real benefits to the broader business as a whole from digitalisation.
So what are the key challenges that finance face?
Finance professionals said they are fed up with outdated processes and lack of analytics, and this is a recurring theme across the board.
Nearly a third of them said they don't have the digital tools they need; and 40% said the lack of real-time data and financial insights available made it difficult for them to do the job as they might want to.
On the other hand, taking the attention away from Covid for a moment, there are other things going on.
Obviously there’s Ukraine and the surging prices we’ve seen recently, and there’s also Brexit.
It's fair to say that the attention on Brexit has reduced over the last two years, but finance leaders haven't forgotten about it because it's definitely not going away.
More than half, the 51% you see here, still see it as a key challenge for their operations, putting concerns about Brexit ahead of staying informed about ongoing legislative change (49%) and meeting stakeholder demands (34%), so whilst there has been less press coverage of late, the underlying issues are still there and need to be addressed……..It's still a major issue for many businesses and
In particular, a number that we spoke to noted that Brexit had sharply increased the red tape and paperwork associated with cross-border trade, increased regulatory requirements, and reduced access to talent which is something we will talk about more in a moment.
Finance functions need advanced analytical capabilities and digital literacy on their teams, and these skills are hard to come by. In part that is because you’re often looking in a talent pool outside the historical finance skillset, and this means you’re competing with other areas for skills in data, and analytics, etc.
It means a change in mindset when recruiting, especially in a tight job market. The younger generation in particular, expect these digital tools to be available and will look to organisations that are investing in them, rather than those who are using old systems with lots of manual processes.
People want real-time information, available at the click of a button, rather than a traditional finance close and reporting after the event.
So there’s no denying that technology is expected to impact several key finance challenges. And as you can see from this chart, we know that:
Period and year end closes remain a top priority for finance professionals,
but there’s increased emphasis on data governance,
forecasting and planning,
and also areas such as cyber security,
and the ability to attract new talent.
The results here reflect expectations that emerged in our CFO 3.0 2019 survey, when 94% of financial professionals said technology innovations and automation would play a crucial role in their future finance function.
So looking at these in more detail, let's look at the whole period and year end close. At Sage we've been talking about the potential of the continuous close, so the close just happens without the need for manual intervention. The systems are always live and in real time. You can set up automation and workflows so things are just done for you because as finance leaders you need to have the tools to always have that real-time data whenever you need. You don't want to spend your time manually running reports - whether that's at month end, quarter end or year end - and then getting the data into Excel to manipulate it for those insights you need.
If we look at something like forecasting and strategic planning for example, this is obviously really critical if we want our finance leaders to be those strategic, visionary leaders who have the real-time insight to help them predict and plan for what is going to happen in the future.
Another one is corporate audits. They’re a given. No one in finance really likes them and you’re always concerned that you could get tripped up on that one piece of information which is missing until the auditor finds it, as they always do, but if you have the right finance systems in place, and you have the right people in the business using them, you’re pretty much covered.
And with your data in the cloud with automated reports and dashboards, you can be ready for audits at the drop of a hat, and potentially even have a remote audit. What’s to stop you giving your auditors read only access to your systems from their offices?
Now, we've already touched on talent, but it's worth going into a little more detail.
It's critical to have the right tools and technology to attract the skills to provide real-time insights that businesses need today. For millennials and the like, you’re likely to struggle to find and retain talent if you haven't embraced digitalisation. People coming into organisations now are used to having the latest and greatest technology and the information there whenever they need it.
If you haven’t got it, you’ll find it much harder to attract, and most of all retain, that talent you need.
Going digital is a top priority for finance leaders.
We asked about the priorities for the finance function in the coming two years, and again that first one is about digital transformation, the second one is about cutting costs, and the third is financing debt.
It's really interesting that digital transformation is coming in higher than what you might expect to be the main focus for finance, with 56% saying digital was their top priority compared to say, 15%, now saying Brexit related issues are.
What is also really interesting, as I discussed earlier, is that more than half of respondents say they experienced a rise in requests for technology enabled financial tools for other departments, so again it's not just about finance, there’s increasing demand everywhere for more up-to-date and real-time data.
So are there some businesses which are more ready for the cloud than others?
Well, yes. And we know that because you told us that in the survey.
When we launched our CFO 3.0 survey about 63% of finance professionals felt their business wasn't yet culturally ready for more automation. That has dropped to 53% in the latest survey. There's obviously been a shift in the last few years on this.
This next aspect of the report looks at the different attitudes of cloud ready versus non-cloud ready businesses. You can see for yourself from this graph how being cloud ready really boosts business confidence.
If you haven't adopted cloud, you're not necessarily aware of where you’re being held back, but when you do adopt you can then start to see where those areas were. If you have things automated in the cloud it can make your life that much easier. And on top of that cloud ready leaders are much more likely to link digitalisation to achieving key business goals, things like better cyber security – the 49% you can see here – and also the better customer experience that you can see here. So finance leaders who are more cloud ready, having the tools already in place, can see the higher level of value that these tools bring to their businesses. This enables that human element of your business to focus more on being the strategic thinkers for you rather than just running those reports we’ve talked about.
To just reinforce some of the points in the survey; despite recognising the link between technology and creating new value, and despite this being their top priority, a lot of finance professionals are still struggling to get their organisations to adopt the cloud and automation.
If you look at the stats here, it's quite staggering that 64% say their business is not ready for cloud-based financial management systems.
53% say their business is not yet culturally ready for more automation, even though 40% say decision-makers in the business spend just as much time collecting and preparing data as they do analysing it.
Among those unsure of their readiness to move to the cloud, the biggest obstacles are the perceived cost of technology (47%) and related training required (44%). This is a shift from previous surveys, where worries over data management and security were bigger concerns but it definitely suggests there is still work to do in changing mindsets and cultures.
Also, companies that say they aren't cloud ready are more likely to say technology will impact tactical tasks, like year-end close 48% and data governance 47% whereas cloud ready companies were more likely to choose cyber security 49% and customers experience 38% as we saw a moment ago.
This suggests cloud ready companies see the strategic value and risk mitigation that tech brings to the table.
to link back to what I mentioned previously, I think the only way you can attract the skills and the drive you need to drive the business forward will be by having the right tools and systems in place to attract the right candidates.
We know that it can be particularly challenging for finance leaders who currently lack digital skills and knowledge to navigate this journey successfully but the core skills needed in the finance function won't change, it's more about the list of additional skills and requirements, and that list is only going to get longer as finance teams go digital.
If we look at some of these stats in a bit more detail, the chart on the left shows that advanced data analytics (40%) and digital skills (37%) are among the top three capabilities finance teams will need in the next two years, as well as the ability to interpret data and translate that into strategic plans.
The right-hand chart shows you that digital skills are the second most difficult to find after stakeholder communication, and the first reference to finance specific skills (as in financial modelling and analytical capabilities) only comes in after these two.
So the digital transformation journey may also be hindered by access to talent and there is a need to work out how these concerns and restrictions will be alleviated.
Demand for those skills will only increase as digitalisation continues and businesses without them will ultimately get left behind, and a big part of achieving this digital transformation, especially in the finance function, is down to adopting cloud-based finance systems.
So how can technology help you.
In the survey 48% suggested that if companies push digitalisation forwards, it might make it easier for them to attract better candidates. If they have the investment in the right technology, they’ll get the right kind of people.
Ultimately high-quality finance professionals don't want to be using outdated spreadsheets and be manually cutting and aggregating data as I've already touched upon. They want to do work that is tied to strategic understanding and decision-making.
And also, as you start to get new finance graduates entering the market, they’ll expect to be working with the latest generation of financial tools, and seek out employers who provide that environment for them to work in.
I talked earlier about some of the changes brought about by the pandemic. This is one area where it may have brought about some positive change.
The enforced enablement of virtual work has made business leaders more comfortable with the idea of hiring remote teams, allowing them to recruit from much further afield. Even if we are seeing a push to return to what we will all have classed as normality, I think remote hybrid options will be a permanent part of the way we work in the future, which makes remote teams a reasonable recruitment strategy, even if there's a lot of noise in the press from the government at the moment about trying to get people back to the office.
This leads me to a quote from Susan Cummins, the CFO of DCSL GuideSmiths; “the thought of having talent in Newcastle versus Spain, it doesn't really matter, as long as they have the skill sets you require.”
And then those digital technologies that enabled this in the first place are now needed to enable you to get the best people working for you.
Thank you very much.
If you have any questions, please ask.