We are bringing you news and highlights from Gartner IT Symposium/Xpo, taking place this week in Barcelona, Spain. Below is a collection of the key announcements and insights coming out of the conference. You can read the highlights here from Day 1 and Day 2.
On Day 3 from the conference, we are exploring the risks and challenges of Web3, NFT and cryptocurrency and the rise of borderless talent hiring. Be sure to check this page throughout the day for updates.
Presented by Balaji Abbabatulla, Senior Director Analyst, Gartner
Blockchain emerging technologies continue to be subject to significant hype. In particular, the Web3 and NFTs are two key innovations that have promise to deliver unique business benefits, but are in varying stages of maturity. In this session, Balaji Abbabatulla, Senior Director Analyst at Gartner, explained how these emerging technologies work and how they can benefit organizations.
NFTs and cryptocurrencies represent only an early subset of the potential applications of blockchain-based tokenization. Early metaverse applications, and sustainability projects are among the emerging applications.
Web3 is a new stack of technologies for the development of decentralized web applications that enable users to control their own identity, and data. This stack includes blockchain as a trust verification mechanism and its network infrastructure and protocols to support decentralized web applications.
Web3 supports new business opportunities, such as the programmability and monetization of creator-owned and managed content using blockchain-based tokens.
Blockchain technologies are maturing to support business applications even as adoption for consumer applications is increasing significantly.
Customer perception of the business benefits of blockchain and technical, regulatory and interoperability challenges are the key obstacles to improving adoption of business applications.
Presented by Lauren Wheatley, Director Analyst, Gartner
Energy is a strategic boardroom issue that presents enterprises with serious financial and operational challenges for years to come. Operating models require new digital capabilities, including energy optimization, carbon management and energy trading, to be delivered at speed and scale. In this session Lauren Wheatley, Director Analyst at Gartner, explained the multifaceted role IT and digital solutions can play in addressing these risks.
“Digital technology is fundamental to delivering a low-cost carbon energy strategy at scale and speed.”
“Energy strategies must account for the interdependent strategic, financial, political and social costs of energy consumption.”
“Sustainability efforts alone are unlikely to manage your organization’s energy costs or ensure energy security effectively. You are going to need to align data and solutions to create an integrated portfolio-based approach.”
“Energy is a multidisciplinary problem requiring coordination of the components (procurement, energy efficiency, real estate, operations teams) and alignment across the enterprise. Partner with your business - provide data and insights to help them make the right decisions or take corrective actions swiftly.”
“While data and technology are not silver bullets for energy decarbonization, with the right planning and leadership, CIOs and digital leaders can play a transformative role in mitigating energy costs and risks.”
Presented by Gabriela Vogel, Sr Director Analyst, Gartner
The pandemic and the current geopolitical dynamics are affecting the talent landscape across the globe, forcing CIOs to reset their technology workforce strategy. In this session, Gabriela Vogel, Sr Director Analyst Gartner at Gartner, shared the findings of a new Gartner survey on borderless IT talent.
“85% of organizations report interest in working with a borderless technology workforce.”
“Increasing retention and hiring has risen to the No. 3 priority for CEOs this year and 2023.”
“The COVID-19 pandemic accelerated borderless hiring, and what began as an exception, is no longer.”
“Hiring borderless staff requires business and IT leaders to make significant adjustments to their operational model, including revising their management techniques, infrastructure and technology, cybersecurity and data protection, and pay equity.”
In terms of areas of knowledge and disciplines in technology, the top two sought-after expertise were software engineering/application development (62% of survey respondents) and application support (55% of survey respondents).
“There are certain constraints that hinder the adoption and expansion of a borderless operation and they range from complexity of administration support, culture issues to security and legality concerns.”
Learn more in the Gartner press release “Gartner Survey Finds 58% of Organizations Employ Borderless Technology Talent.”
Gartner, Inc. (NYSE: IT) delivers actionable, objective insight that drives smarter decisions and stronger performance on an organization’s mission-critical priorities. To learn more, visit gartner.com.
Laurence Goasduff
Gartner
laurence.goasduff@gartner.com
