The world of Information Technology is moving faster than ever. We’re seeing new challenges, problems, and trends developing every day. Some of these are bringing big changes, many that are good and equally as many that are bad.
What are organizations worried about in 2019? What are the biggest challenges facing CIOs and IT leaders in this day and age? From privacy regulations to AI analytics, what can we expect in the upcoming months?
1. Cyber Attacks
Of course, one of the biggest challenges today is the rising security and privacy threats. What makes today’s attacks stronger? Cyber attacks are expected to be increasingly AI-driven, and that means there are more powerful than ever.
When you look at the statistics, the situation feels even direr. Cybercrime is currently a $1.5 trillion dollar industry, and this number is only going to rise. Large and small businesses alike are becoming the targets of these cyber attacks, so it’s up to CIOs and IT leaders to make a real difference.
2. Privacy Concerns
Users are more concerned about their data than ever before. They’re right to be alarmed. With the rise in security breaches and cybercrime, there’s a reason to believe their data might not always be safe even with trusted companies.
More than 50% of Americans are currently seeking new ways to safeguard their own personal data. As our devices become smarter, data is being used in more plentiful ways than ever before. Again, IT leaders are at the forefront of this fight for data transparency and security.
3. Cost Optimization
Another key challenge in the world of IT is cost optimization. Management teams often don’t truly understand what’s needed, and they might end up overspending or not spending enough.
In 2019, IT leaders are expected to take a much stronger role in the cost optimization process to make sure companies aren’t wasting money on their tech tools and more. Read more on WGroup’s official blog to learn why traditional benchmarking isn’t enough.
4. Digital Transformation
Digital transformation is the process of converting non-digital actions and processes into digital processes. It’s a way to optimize daily tasks and help businesses run more smoothly. You’d be surprised to learn just how many businesses aren’t kicking their own digital transformation into high gear.
Companies who continue on the same path of tried-and-true will find themselves falling behind the competition. IT leaders and CIOs can help answer questions about whether new technology is needed for businesses of all sizes.
5. IT Skills Gap
Finally, there’s one remaining challenge in 2019 which is the IT skills gap. Many of the top talent today is going to the same large companies, so smaller and mid-sized companies are struggling to fill in these gaps in skilled employment.
However, the problem doesn’t lie with there not being enough prospective employees. This is a diversity problem. Looking for more diverse employees in terms of race, gender, and even education will help create a broader field of candidates. It’s up to everyone to take responsibility for bridging diversity gaps in this industry.
The future of IT looks bright, but it’s also changing. Sometimes it can feel like things are moving too quickly. When we take a moment to think of each challenge on its own, it becomes clear just how much work needs to be done.
Luckily, the IT leaders and CIOs of today are a powerful bunch. They’ve made it through some of the biggest challenges already, so these are simply another bump on the road. What will you accomplish next?