43% of enterprises say their AI and Machine Learning (ML) initiatives matter “more than we thought,” with one in four saying AI and ML should have been their top priority sooner.
50% of enterprises plan to spend more on AI and ML this year, with 20% saying they will be significantly increasing their budgets.
As we evolve our expectations regarding our current-day tech culture, “the cloud” is a term used by tech and nontech communities alike. Hearing the boomer and Gen Z generations both speak fluently about a concept that felt far-reaching not so long ago is a true testament to the accelerated pace our technology sector is experiencing. In the eyes of the consumer, the ability to back up to and access the cloud has become a must-have add-on to any of our gadgets. Storing pictures, music and documents has become the norm.
Data privacy and cybersecurity issues continue to be top of mind, as this week the U.S. Senate unanimously passed the Internet of Things (“IoT”) Cybersecurity Improvement Act (H.R. 1668), introduced by Congresswoman Robin Kelly (D-Illinois). In September, the House had passed the bill by voice vote after negotiation sessions with the Senate. The legislation provides for the establishment of minimum cybersecurity standards for government purchased, internet connected devices, with anticipated impact on manufacturers in the private sector.
Cybercrime – There’s another clever fraud tactic to add to your library of security threats. Imagine a call or voice message that appears to come from a trusted source but is really a disguised attempt to compromise your identity, credentials or financial information. More of a social engineering scheme than a vulnerability, “vishing” is a highly effective and targeted form of phishing that uses voice as a means to lure victims into disclosing private information.
Digital Transformation – No one could have predicted where 2020 would take us: The last six months alone have produced more digital transformation than the last decade, with every transformation effort already underway finding itself accelerated, and at scale. While many of my digital transformation predictions from a year ago benefited from this shift, others were displaced by more urgent needs, like 24/7 secure and reliable connectivity.
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