APAC CIOOutlook

Advertise

with us

  • Technologies
      • Artificial Intelligence
      • Big Data
      • Blockchain
      • Cloud
      • Digital Transformation
      • Internet of Things
      • Low Code No Code
      • MarTech
      • Mobile Application
      • Security
      • Software Testing
      • Wireless
  • Industries
      • E-Commerce
      • Education
      • Logistics
      • Retail
      • Supply Chain
      • Travel and Hospitality
  • Platforms
      • Microsoft
      • Salesforce
      • SAP
  • Solutions
      • Business Intelligence
      • Cognitive
      • Contact Center
      • CRM
      • Cyber Security
      • Data Center
      • Gamification
      • Procurement
      • Smart City
      • Workflow
  • Home
  • CXO Insights
  • CIO Views
  • Vendors
  • News
  • Conferences
  • Whitepapers
  • Newsletter
  • Awards
Apac
  • Artificial Intelligence

    Big Data

    Blockchain

    Cloud

    Digital Transformation

    Internet of Things

    Low Code No Code

    MarTech

    Mobile Application

    Security

    Software Testing

    Wireless

  • E-Commerce

    Education

    Logistics

    Retail

    Supply Chain

    Travel and Hospitality

  • Microsoft

    Salesforce

    SAP

  • Business Intelligence

    Cognitive

    Contact Center

    CRM

    Cyber Security

    Data Center

    Gamification

    Procurement

    Smart City

    Workflow

Menu
    • Cyber Security
    • Hotel Management
    • Workflow
    • E-Commerce
    • Business Intelligence
    • MORE
    #

    Apac CIOOutlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIOOutlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    Tech Will Now focus on Long-term Innovation Rather Than Problem Solving Technique

    For the past two years, technical executives have been tested as they led their companies  

    Tech Will Now focus on Long-term Innovation Rather Than Problem Solving Technique

    By

    Apac CIOOutlook | Monday, December 06, 2021

    Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.

    Technical executives concentrated on short-term decisions and responded to sudden shifts in 2020 and 2021. However, they expect 2022 challenges to remain the same with minor changes and focus on overcoming long-term problems

    FREMONT, CA: For the past two years, technical executives have been tested as they led their companies through pandemic difficulties. Some of them successfully managed customer and employee transformations and stimulated new ideas and innovation faster than the expected time period. Technical executives concentrated on short-term decisions and responded to sudden shifts in 2020 and 2021. However, they expect 2022 challenges to remain the same with minor changes and focus on overcoming long-term problems. The ones that will succeed in this will develop a customer-obsessed approach to technology that will allow organizations to instantly reconfigure business structures and opportunities to meet the requirements of customers and employees. These companies will be termed future-fit and will outperform their companions by 2.8 times.

    Technical executives making their way towards future-fit talent strategies have caused a deficiency of talent acquisition. It firms have faced the longest time to fill positions among all industries after gaining the highest turnover. The firm intending to reduce their need for the most advanced technical skills future-fit firms will use a cloud-first, platform-based architecture and adopt low-code, no-code solutions. Additionally, firms that do not adapt to this challenge will resort to boosting wages to attract talent, resulting in (typically negative) financial impacts for their firm and the overall talent market.

    In a rush to meet customers' expectations, firms have been implementing new digital capabilities, even though these aim for short-term gains, the majority will face long-terms issue in form of inflated tech debt. On the other hand, Future-fit will successfully overcome their debts by sharing responsibility with their business companions to offer seamless, end-to-end CX across functions balancing short bursts of rapid execution with long-term approaches to adaptivity, operational value streams, and CX ecosystem mapping — all while modernizing their tech architecture and moving to the cloud.

    More in News

    The Journey Towards Smart City Development

    The Journey Towards Smart City Development

    Harnessing Big Data Analytics to Enhance Business Strategies

    Harnessing Big Data Analytics to Enhance Business Strategies

    AI's Role in Apac's Digital Transformation Journey

    AI's Role in Apac's Digital Transformation Journey

    Impact of Digital Transformation on Retail

    Impact of Digital Transformation on Retail

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Copyright © 2025 APAC CIOOutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    Home |  CXO Insights |   Whitepapers |   Subscribe |   Conferences |   Sitemaps |   About us |   Advertise with us |   Editorial Policy |   Feedback Policy |  

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/tech-will-now-focus-on-longterm-innovation-rather-than-problem-solving-technique-nwid-8647.html