In Episode 29 of the Growth Swarm Podcast, John Siefert, Bob Evans, Tony Uphoff, and Scott Vaughan look back at key trends for 2022 and how the four pillars of cloud, hyperautomation, data modernization, and cybersecurity will be defined Predict whether business next year. The group will discuss examples of co-creation, robotic processing automation (RPA), data modernization, and cybersecurity, as well as cultural change around new technologies and openness to remote work. Time remains uncertain. The hosts share their predictions for the new year’s major trends and define why smart leaders should pay attention to them.
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00:33 — As first-hand practitioners of technology solutions and approaches to business modernization, Growth Swarm organizers have explored, analyzed, and explored a variety of concepts over the last year. Additionally, as direct industry practitioners, Host has explored ways to co-create with partners and vendors with the goal of accelerating business outcomes. As 2022 draws to a close, Growth Swarm organizers will contextualize key events from the past 12 months that will have lasting impact throughout 2023.
01:23 — In many ways, 2022 was the year of madness. Bob thinks there are a lot of people who would be happy to see it in their rearview mirror. Looking back on the year, a key factor that stands out is the prominent concept of co-creation between customers, vendors, and partners. This popular concept will have a lot of repercussions in 2023. Business leaders consider what they want from technology and its endless possibilities. The same is true for Bender, who “is entering a realm where you have to look at the world differently,” says Bob. Customers are no longer just about “buying things”, they are now interested in co-creating with vendors and partners to achieve things that neither party could do alone. increase.
02:46 — John is looking at the number of examples of co-creation between companies in 2022. Cloud Wars CEO of the Year, Safra Catz gave a keynote when she launched Oracle CloudWorld, she invited the partners and customers Oracle co-created to share their stories. This is something the company would have never expected four or five years ago, he adds.
03:21 — Oracle isn’t the only company co-creating. Earlier this year, Google Cloud entered into his 10-year partnership with the Chicago Mercantile Exchange. Part of the partnership included his $1 billion investment of Google Cloud in a derivatives exchange, a customer. Just recently, Microsoft paid the London Stock Exchange Group (LSEG) his $2 billion for a 4% ownership stake. Partnerships like these show how large companies are merging their interests, futures and opportunities with other organizations. This is a ripple effect that can be seen through many major cloud providers.
04:31 — John adds that the market tends to follow in the footsteps of big players like Google Cloud and Microsoft. In many cases, this leads other cloud providers to consider what they need in their partner ecosystem and partnerships.
05:15 — Tony says the tech industry is a highly competitive field, so the idea of co-creation was unheard of a decade or two ago. He encourages business leaders to pay close attention to examples of partnership and co-creation. Tony further states that in 2022 it was amazing to see IBM come back to life under CEO Arvind Krishna. He will drive new concepts in cybersecurity, governance, risk mitigation, compliance, and focus on the multi-cloud world.
07:42 — John asks Tony which trends are important for business users to pay attention to. Tony points out the importance of focusing on partners and his ecosystem and where companies can leverage co-creation. In addition, organizations must focus on core he competencies and strategies. Finally, considering new technologies and staying on top of his four pillars is what Tony encourages his leaders to focus on the business.
Join us for Partner Ecosystem Week in February 2023. Partner Ecosystem Week is a digital event that analyzes business and IT needs around the cloud, AI, automation and cybersecurity ecosystems that define the future of partnerships.
09:48 — The four pillars identified by our hosts that are driving today’s accelerating economy are:
- cloud
- hyper automation
- Data modernization
- cyber security
Lookout was the first cybersecurity company to be announced as one of the Top 10 Cybersecurity Business Enablers by the Acceleration Economy. John recently interviewed Aaron Cockerill, Chief Strategy Officer at Lookout, along with analysts Aaron Back and Chris Hughes.
12:12 — Scott suggests that 2022 was an “uneven year.” But with basic ingredients like co-creation, partnering and innovation in place, companies struggling to “break through the gates of lockdown” will be out of the woods in 2023. It has four pillars.
14:54 — Related to culture, whether a chief remote officer is needed at a time when the workforce has transitioned to a fully remote or hybrid workforce has emerged as a major consideration. Tony discussed the idea with analysts Wayne Sadin and Kieron Allen at a recent roundtable. He said 2023 will see a focus on the role of Chief Remote Officer.
17:20 — The mandate to have all employees in the office shows that the organization has accepted that it does not seek out the best talent to move it forward. This is not realistic. Allow your employees to work where they want when your organization needs top talent.
17:58 — When it comes to artificial intelligence (AI), one of the things that has spurred during the pandemic has been the growth and optimism about robotic processing automation (RPA). Two of the most successful companies in this industry are UiPath and Automation Anywhere. Additionally, Celonis has demonstrated that combining process mining, execution management systems (EMS), and RPA, he has delivered AI plus automation strategies and successfully created return on investment (ROI) opportunities for his clients. I’m here.
20:00 — Is it time for organizations to appoint a chief automation officer? Acceleration Economy analyst Ronak Mathur recently published an analysis that raises this question as the idea of ”workers and automation” emerges. . Acceleration Economy analysts Tom Smith, Ronak Mathur, and Kenny Mullican also discussed how AI and RPA are changing the world.
21:17 — John asks for final thoughts. Scott says data modernization is something business leaders should watch closely over the next year. Innovation happens in challenging times when companies have to focus on decision-making. As the calendar changes, he will continue to energize this concept.
22:17 — In addition to technology, Bob believes culture will be especially important in the coming year. Culture directly affects what a company can or cannot do.
23:31 — Four pillars account for more than half of business technology purchases, but Tony says they’re not silos, they’re all intersecting. As the use of technology to automate knowledge work accelerates, he encourages business leaders to pay attention to hyperautomation. Technological change precedes cultural change. Technology is changing the way companies operate.
24:49 — To be part of an accelerating economy, business leaders must encourage themselves and their employees to consider four pillars within the context of their operations, adds John.
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