"According to the authors of The New CIO Leader: Setting the Agenda and Delivering Results, the chief information officer is at a crossroads, buffeted by two conflicting perspectives of IT. The first views IT primarily as a "chief technology mechanic," irrelevant to competitive advantage and far from the executive suite. The second perspective views IT as the heart of every business process, crucial to innovation, and a key driver to enterprise success. If the second perspective is your goal, then a new kind of CIO must lead. This person creates a vision of how IT builds organizational success, creates realistic expectations, goals, and governance procedures, and assembles a team that is less about allocating server space and more about working as a creative and influential team."
Technology is a compelling catalyst for economic growth across the globe. Artificial intelligence (AI) rides a seismic wave of transformation in the Asia-Pacific (APAC) region — a market bolstered by bold government initiatives, swelling pools of capital, and vibrant tech ambition. The latest IDC analysis sheds light on this dynamic market. Despite a contraction in deal volumes through 2024, total AI venture funding surged to an impressive $15.4 billion — a signal of the region’s resilience and the maturation of its digital-native businesses (DNBs). Asia-Pacific AI Market Development The APAC AI sector’s funding story is not just about headline numbers but also about how and where investments are shifting. Even as the number of deals slowed, the aggregate value of investments climbed, reflecting a preference among investors for fewer but larger, high-potential bets on mature or highly scalable AI enterprises. The information technology sector led the AI investment charge. Top area...