In episode 54 of the CXO Minute, Tony Uphoff defines three key events he did not anticipate happening in 2022 and explains why they matter for the world of business technology.
Highlights
00:16 — There were several key events in 2022 that reflect significant shifts in business technology worth reflecting on. In this episode, Tony highlights three things he did not anticipate and explains why they matter.
00:31 — The return of co-creation has shifted the traditional notion of technology being a hyper-competitive industry. In 2022, there were many examples of co-creation, notably between Oracle and Microsoft and IBM’s partnership with SAP.
02:40 — The resurgence of IBM’s CEO, Arvind Krishna, who led the company back into growth mode, which is clearly apparent in the company’s Q3 results for 2022.
03:20 — Finally, the acceleration of data shifting to the cloud is an important development for the business technology world. In 2021, cloud database management systems totaled 49% of the market. The forecast suggests that as 2022 comes to an end, cloud database management systems will be well over half the market. This can be seen through the recent partnership between Microsoft and the London Stock Exchange Group (LSEG).
03:55 — Acceleration Economy analysts anticipate that the growth of data to the cloud will continue to accelerate through 2023 and beyond.
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