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All issuesVolume 302, Issue 3IT NewsCxO

Modernizing IT: What's Holding Businesses Back?

InformationWeek, Tuesday, May 16,2023

While businesses today face a paradigm shift in how they operate, they must first become more agile and gain a greater visibility across operations as they embrace modernization.

The business world, like society at large, is experiencing a moment of turbulence. At this year's World Economic Forum in Davos, leaders called it a 'polycrisis' -- a collision of stressors from inflation to recession to global conflict to supply chain crises to the possibility that globalization as we know it will fragment into conflicting regional interests.

How can businesses cope? They have no choice but to adapt, turn on a dime, move at speed and rapidly scale.

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