"According to Gallup research, well-managed workgroups are more profitable (44 percent higher), more productive (50 percent higher) and have higher degrees of customer loyalty (50 percent higher). With this in mind, chief learning officers often are challenged to provide education that impacts the bottom line and other key measurement points for the enterprise. CLOs play an important role in the world of performance management. Progressive companies are increasingly managing workforce performance and development to ensure proper alignment between business needs and human capital. The result is a leaner, more vital, better-prepared and better-performing enterprise that delivers greater value to the shareholder."
Across the globe, many CEOs invested in initiatives to expand their digital offerings. User experience enhancements that are enabled by business technology were a priority in many industries. Worldwide end-user spending on public cloud services is forecast to grow 21.7 percent to a total of $597.3 billion in 2023 -- that's up from $491 billion in 2022, according to the latest market study by Gartner. Cloud computing is driving the next phase of digital transformation, as organizations pursue disruption through technologies like generative Artificial Intelligence (AI), Web3, and enterprise Metaverse. Public Cloud Computing Market Development "Hyperscale cloud providers are driving the cloud agenda," said Sid Nag, vice president at Gartner . Organizations view cloud computing as a highly strategic platform for digital transformation initiatives, which requires providers to offer new capabilities as the competition for digital business escalates. "For example, generativ