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Technology has advanced so quickly between 2007 and 2017 that even the software industry had a hard time keeping up! Toddlers are using iPads and talking to their smart home virtual assistants to turn on the lights, play music, and help with school work. THIS is digital transformation in action, at least for now. And while we can’t predict the future, odds are pretty good that the pace will get faster, exponentially.
As a software company, and a technology company, we cannot fall into a trap of innovating just for the sake of innovating. The innovation we build to make use of these technologies absolutely needs to be more than just “flash” and “fluff”. It needs to deliver value, take advantage of technologies that are part of our everyday lives – and be something our customers will actually use, save them time, and help make their business successful. The pace of digital transformation is just getting faster every day, week, month, year and decade. Companies need to keep on innovating and not miss the wild ride!
Read more about keeping up with the fast pace of the digital transformation.
Big Data and Data Science are taking the bias out of answering questions that are critical to your firm’s growth and service delivery. They have become mainstream fields with a robust set of tools and approaches that can be leveraged to unlock the potential in the data gathered from every corner of the business.
If you haven’t made an investment in Big Data and Data Science then you are missing out on valuable insight that will reshape how you think about your firm.
Learn why CFOs are Going Big on the Cloud, Big Data, & Analytics!
It’s no secret that data security is top of mind for organisations across the globe. According to the 2017 Clarity Industry Study, data security took the top spot as the biggest challenge facing business leaders today. Security has not grown just in importance but also in complexity – what worked in the past to mitigate risk is not enough any longer. In order to adequately address this challenge, security can no longer be just a technology risk managed by IT, it must be a business risk managed by leadership across the organisation. And as with any strong enterprise risk management process, security should be a continuous risk-driven process, not just following a static compliance checklist – this is even more critical as cyber security threats are evolving more quickly than ever before.
In today’s connected-world, security goes beyond what you can control, requiring you to have trusted partners and vendors. As a business, we have prioritised managing security risk as one of our top priorities and are focused on it across our functions, not just within IT. From how we create our products and support our customers to back-office operations, data security and privacy is a critical part of how we do business.
Is security a top priority across your business? Read more on how the entire C-Suite can stay on the same page.
By now, the proof points for the cloud, as THE largest secular technology trend EVER, are most definitely in. Amazon Web Services, who many credit with creating the true public cloud market as we know it today, is a $20B business in its own right, growing a staggering 44% in Q4 2017.
As customers of increasing size and complexity choose the cloud, and as smaller companies grow to become large organisations while in the cloud, the mandate for security, privacy, scalability and flexibility is rightfully expected. With hyper-growth over the past seven years, resulting in over 10,000 SaaS customers, and no end in sight, we at Deltek are incredibly excited to stay ahead of these massive changes in the cloud, and to enable our customers, globally, to safely and in a compliant fashion, capitalise on all the benefits of this new computing model.
Learn more about how enhancements in Cloud technology can impact your business.
While technology and development have enabled global distribution teams around the world, we are still hindered by numerous business hurdles regarding true globalisation. This is seen across all areas of business – hiring, time zones and work schedules, business practices, security, currency and politics. These complex issues can be resolved, but it’s difficult to combat all these issues internally. Luckily, partner and industry ecosystems can help businesses gain ground when it comes to globalisation, from enhancing HR business processes, expanding into new markets, and keeping up with ever changing statutory changes.
Read more about going global and expanding your business internationally.
By 2025, the majority of the workforce will be made up millennials - that is, individuals born between 1982 and 2004. And while the battle of the generations is not a new phenomenon, the millennial generation, and those that have followed it, have had a unique and profound effect on the tools of the workplace, how work gets done and the work environment itself.
New efficiencies, new ways of getting things done, increased productivity and evolved business insight has resulted from an evolution of the tools used by today’s workforce. Companies that recognise this and develop their products with this in mind will thrive and pull ahead of competitors that ignore this new reality. In addition, businesses that invest in technology that aligns with the expectations of the millennial generation and beyond will also benefit by having a more engaged workforce and being better able to attract and retain talent.
See how changes in the workforce can affect succession planning in your business.