Informationweek 10 Things IT Leaders Learned in 2020 The pandemic had a lot of negative effects, but it also resulted in some unexpected benefits for enterprise technology leaders and teams. 1 of 11 No one disagrees that 2020 was a dreadful year. But with vaccinations now being administered, people are becoming somewhat more hopeful and optimistic about this new year. And as IT leaders look back on 2020, many are saying that although the pandemic was incredibly challenging and difficult, it also resulted in some benefits for their organizations. In its report on how the pandemic affected business operations, McKinsey wrote, In just a few months’ time, the COVID-19 crisis has brought about years of change in the way companies in all sectors and regions do business. It added, According to a new McKinsey Global Survey of executives, their companies have accelerated the digitization of their customer and supply-chain interactions and of their internal operations by three to four years. And the share of digital or digitally enabled products in their portfolios has accelerated by a shocking seven years.
Life is getting very interesting for manufacturers during this pandemic. According to a McKinsey Global Survey of executives in October, companies have “accelerated the digitization of their customer and supply-chain interactions and of their internal operations by three to four years.” The report goes on to note that “the share of digital or digitally enabled products in their portfolios has accelerated by a shocking seven years.”
Here at Design News, we’re hearing the refrain over and over from manufacturers, vendors, and analysts: COVID-19 has significantly accelerated the move to advanced technology. “Manufacturers are set to experience five years of innovation in the next 18 months, as the current pandemic has demonstrated the need to adopt digital tools to automate processes, obtain real-time information, and create agile supply chains to comply with new restrictions,” Keith Higgins, VP of digital transformation for Rockwell Automation, told
Life is getting very interesting for manufacturers during this pandemic. According to a McKinsey Global Survey of executives in October, companies have “accelerated the digitization of their customer and supply-chain interactions and of their internal operations by three to four years.” The report goes on to note that “the share of digital or digitally enabled products in their portfolios has accelerated by a shocking seven years.” Here at Design News, we’re hearing the refrain over and over from manufacturers, vendors, and analysts: COVID-19 has significantly accelerated the move to advanced technology. “Manufacturers are set to experience five years of innovation in the next 18 months, as the current pandemic has demonstrated the need to adopt digital tools to automate processes, obtain real-time information, and create agile supply chains to comply with new restrictions,” Keith Higgins, VP of digital transformation for Rockwell Automation, told
15 December 2020, 2:19 am EST By We have witnessed a decade of increasingly frantic discussion about the global tech skills gap crisis but for all that talk we have yet to see a viable solution - until now with the advent of elastic teams . A recent McKinsey Global Survey found that 87 percent of executives said they were experiencing skills gaps in the workforce or expected them within a few years, whilst another study by Ceridian and Hanover Research found that employees with more tech skills would be needed by 80 percent of companies over the next two years. Meanwhile, IBM reported that more than 120 million workers across the world s 12 largest economies may need to be re-trained in the coming years.