Outlook & Priorities 2019

As we sign out of this year and step into 2019, what is in store for supply and demand side of IT? Here we present insights from prominent leaders from the tech industry who share their strategy and roadmap for 2019

- Shrikanth G

It is that time of the year the air is abuzz with a new beginning as a year comes to a close. All these years we have seen technology as an evolutionary entity, graduating from one milestone to the next, forever upping the ante and bringing new set of challenges and problems to solve.

In all 2019 looks like an exciting year for tech and in many ways see the firming up of many tech trends like IOT to AI, taking deeper roots and impacting enterprise computing in ways we have not seen before.

As we look at the year ahead, we need to see through a dual lens- one from the supply side of IT and the other from the demand side of things. The supply side (the vendors) needs to stay focused and relevant to capture larger mandates from the tech disruption and the demand side (the enterprises) needs to ink progressive strategies to adopt newer tech to stay ahead of the race. In a nutshell, the way things are progressing, technology will be the common denominator that will determine the success of companies across verticals, no matter what their core business is, they need to induct massive dose of modern tech to transition to the next orbit of growth and profitability.

CIO PRIORITIES

According to a recent Gartner study, it said, that the top five areas that Asia/Pacific CIOs will invest new or additional funding in 2019 are: Business Intelligence and Data Analytics (42 percent); Core System Improvements and Transformation (33 percent); Artificial Intelligence (AI) and Machine learning (33 percent), Cybersecurity and Information Security (32 percent); and Digital business initiatives (30 percent).

The 2019 Gartner CIO Agenda survey gathered data from more than 3,000 CIO respondents in 89 countries and all major industries — 671 CIOs are from 16 countries within Asia/Pacific, representing $6.1 trillion in revenue and $73.7 billion in IT spending.