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Top Five Applications Priorities for Technology Leaders in 2024 Published in New Report by Info-Tech Research Group

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Info-Tech’s Applications Priorities 2024 report highlights the transformative strategies technology leaders will need to consider for this year, including digital experience enhancement, AI democratization, predictive solution management, multisource ecosystem integration, and intelligent solution delivery. By embracing the global IT research and advisory firm’s recommended priorities, organizations can better align their application strategies with evolving business goals, fostering innovation and competitive advantage in a rapidly changing digital landscape.

TORONTO, Feb. 19, 2024 /PRNewswire/ – As organizations continue to navigate the complexities of the digital era, which has been marked by exponential advancements in AI and technology, the strategic deployment of modern, practical applications has become indispensable for sustaining competitive advantage and realizing business goals. Info-Tech Research Group’s recently published Applications Priorities 2024 report offers a comprehensive guide for applications leaders as it outlines the adoption of emerging technologies and practices to enhance organizational capabilities in 2024 and beyond.

Info-Tech’s annual report identifies five key priorities that range from delivering exceptional digital experiences to democratizing AI access. The recommended priorities are set to redefine the role of applications in driving business success this year. By focusing on these areas, IT and applications leaders can ensure their application portfolios are not just current but are also driving innovation and competitive advantage in their industry.

“Applications are critical components in any business strategic plan. They can directly influence an organization’s ability to be dynamic, flexible, and responsive to changing expectations, business conditions, and technologies,” says Andrew Kum-Seun, research director at Info-Tech Research Group. “Business leaders are continuously looking for innovative ways to better position their application portfolios to satisfy their goals and objectives, which is achieved through applications priorities. Given the scope and costs involved, these priorities must be carefully crafted to clearly state achievable business outcomes that satisfy the different needs of diverse groups of customers, stakeholders, and users.”

The Applications Priorities 2024 report outlines the key disruptors applications teams face that have an impact on how work is conducted, how services are delivered, and how organizations interact with their customers. From the democratization of IT enabling more user-driven development through no-code platforms to the constraints of budgets that limit growth and innovation, the digital landscape is rapidly evolving. Info-Tech’s report emphasizes the importance for applications leaders and their organizations to acknowledge these disruptors and adapt to them, which can help not only mitigate risks but also create new opportunities for growth and innovation.

“Expectations on applications teams are increasing because of business operations’ growing reliance on applications, data, and other technologies,” says Bhavya Vora, research analyst at Info-Tech Research Group. “Stakeholders and executives must invest in the alleviation of these application delivery and management challenges to effectively deliver on their organization’s priorities.”

Drawing on a wealth of data and insights, the new report leverages findings from experts in the industry as well as data from Info-Tech’s CEO-CIO Alignment diagnostic and CIO Business Vision diagnostic. Additional data was also gathered and analyzed from Info-Tech’s Tech Trends 2024 report, as well as the HR Trends Report 2024 from the firms’ McLean & Company division.

The Applications Priorities 2024 report provides applications leaders with a comprehensive overview of the applications landscape. The report highlights the following five key initiatives essential for navigating the complexities of today’s digital environment, driving innovation, and aligning application strategies with an organization’s overarching goals for 2024 and the coming years:

Digital Experience – deliver valuable user, customer, employee, and brand experiences. 
At the heart of a modern business strategy, digital experience (DX) refers to the entirety of interactions between a user and an organization through digital products and services. To harness the full potential of DX, the report advises applications leaders to define and build a digital business strategy that prioritizes user, employee, and customer needs. Key recommendations include focusing on DX and quality in product and service delivery, fostering collaborative delivery practices, and continuously monitoring and managing digital products and services. Additionally, the selection and delivery of DX technologies, coupled with strong stakeholder, partner, and vendor relationships, is essential for sustaining a dynamic and responsive digital system.Democratized AI – Extend AI access to everyone in the organization. 
As AI increasingly becomes an executive priority, the push for its widespread adoption throughout organizations is gaining tremendous momentum. According to the report, 40% of organizations have already invested in AI and ML, and 47% anticipate a positive business impact. Democratized AI has emerged as a key step in business process automation and an organization’s AI journey. This initiative aims to make AI tools accessible to a wide range of organizational members, irrespective of their technical expertise, thereby fostering an inclusive environment for innovation. However, scaled AI implementations come with many challenges that must be addressed to fully realize the benefits of this priority. In the report, the firm advises applications leaders to identify potential AI use cases and assess the various AI tooling options. By optimizing AI-supporting capabilities and establishing a scalable AI deployment and governance framework, organizations can gradually integrate AI, unlocking its full potential across various business functions.Predictive Solution Management – Predict, prevent, and mitigate solution issues before they happen. 
Moving beyond traditional application maintenance, predictive solution management proactively addresses potential issues before they impact operations. This advanced approach uses data analytics, statistical models, and forecasting to anticipate and mitigate future system challenges. The report recommends applications leaders reinforce their maintenance strategies by assessing the health and technical debt of their applications. Info-Tech further advises embracing site reliability engineering (SRE) and DevOps methodologies, making IT operations insights widely accessible for broader consumption, and integrating AI within IT operations and applications teams. By adopting these practices, organizations can ensure their applications remain robust, reliable, and aligned with evolving business needs.Multisource Ecosystem – Manage a mutually beneficial ecosystem composed of internally and externally managed solutions and partners.
Info-Tech’s report describes this approach as an integrated network of internally and externally sourced technologies. The essence of a multisource ecosystem lies in its ability to foster mutually beneficial relationships among a diverse array of partners, customers, and technology partners. Multisource ecosystems thrive on the seamless integration of data and workflows across various domains, including departments, tools, systems, customers, suppliers, and external partners. Unlike traditional hierarchical structures, these ecosystems are dynamic, with partnerships that are adaptable and not managed in a manner similar to an integrated organization. They are built on changing and sometimes voluntary partnerships and collaboration among independent entities that can form and break apart suddenly. To take full advantage of a multisource ecosystem, applications leaders should define and articulate clear goals, develop a sourcing partner strategy, strengthen enterprise integration practices, manage their solution architecture and application portfolio, and foster strong relationships with all stakeholders.Intelligent Solution Delivery – Embed AI into your solution delivery practice. 
With mounting demands for high-value solutions amid limited resources and complex environments, embedding AI into solution delivery practices is often viewed as an ideal test pilot. AI’s potential to enhance productivity, generate usable test data, and preemptively identify issues positions it as a transformative force within the solution delivery lifecycle (SDLC). Some of the prominent AI applications that are making strides in the field include synthetic data generation, automated code creation, defect forecasting and debugging, and UI design and prototyping, as well as requirements documentation and elicitation. The firm recommends that applications leaders focus on optimizing their SDLC practice and explore different AI and automated SDLC tools to elevate their solution delivery frameworks this year.

The Applications Priorities 2024 report also includes insights in the form of case studies from organizations and their clients, such as Mastercard, Bloomberg, Carousel, e-Estonia, and GitHub Copilot.

As the digital landscape continues to evolve at an exponential pace, the Applications Priorities 2024 report provides applications leaders with a guide to optimizing their application portfolios and teams. By implementing the outlined priorities, leaders can ensure their application strategies are not only aligned with their organizational objectives but are designed to drive innovation and maintain a competitive edge. This approach will enable applications leaders to transform their application portfolios into dynamic assets that respond effectively to the changing demands of the business environment, fostering a culture of agility and sustained growth.

Those interested in exploring the specific 2024 applications priorities recommended by Info-Tech Research Group are invited to register for the firm’s webinar on Wednesday, March 6, at 1:00 PM ET/10:00 AM PT.

For exclusive media commentary from Andrew Kum-Seun and Bhavya Vora, experts in applications management and SDLC optimization, or to access the complete Applications Priorities 2024 report, please contact pr@infotech.com.

About Info-Tech Research Group

Info-Tech Research Group is one of the world’s leading information technology research and advisory firms, proudly serving over 30,000 professionals. The company produces unbiased and highly relevant research to help CIOs and leaders make strategic, timely, and well-informed decisions. For more than 25 years, Info-Tech has partnered closely with IT teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.

Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact pr@infotech.com.

For information about Info-Tech Research Group or to view the latest research, visit infotech.com and connect via LinkedIn and X.

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IronNet Inc. and Asterion Partner to Strengthen Cybersecurity and Counter-UAS Defense Solutions

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November 13, 2024

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WASHINGTON and MANAMA, Bahrain, Nov. 13, 2024 /PRNewswire/ — IronNet, the AI-based collective defense cybersecurity company, and Asterion, a leader in counter-UAS technology, announced today at the Bahrain International Airshow a partnership on the protection of critical infrastructure through the integration of AI-based cybersecurity and counter-UAS solutions.

This collaboration addresses the growing need for comprehensive and integrated defense strategies, representing a significant milestone in the evolution of air and space security. To enhance defense capabilities against unauthorized and hostile drones, the partnership integrates IronNet’s IronDome solution with Asterion’s advanced counter-UAS technology, delivering a layered defense framework that strengthens the protection of critical infrastructure, urban environments, and national borders.

The partnership integrates IronNet’s “IronDome” real-time cyber threat detection and coordinated response with Asterion’s drone detection and tracking systems, protecting airspace and critical assets from potential threats.

The methodology employs artificial intelligence, machine learning, and advanced sensor networks to analyze patterns and anomalies across a broad range of data sources. The result is a more robust and proactive defense system capable of identifying and mitigating threats before they can cause significant damage.

“Our partnership with Asterion represents a paradigm shift in how we approach critical infrastructure protection,” said Linda Zecher, CEO of IronNet. “By embracing the convergence of cyber and aerial threat detection and defense, governments and organizations can ensure a more comprehensive and effective approach to safeguarding critical infrastructure and national interests.”

“Together we’re creating a solution that addresses the multi-dimensional threats facing our clients today, including those originating from both ground, air and space-based sources,” said Andreas Mustert, Asterion Founder and CTO

About IronNet 

Founded in 2014, IronNet combines cutting-edge cybersecurity technology with exceptional expertise to deliver advanced, real-time defense solutions for organizations across the private and public sectors worldwide. Leveraging a team of top-tier cybersecurity specialists from industry, government, and academia, IronNet is dedicated to protecting enterprises, critical infrastructure, and nations against highly organized and increasingly sophisticated cyber threats. With its industry-leading products and innovative approach, IronNet empowers clients to stay ahead of evolving cyber adversaries.

About Asterion 

A team of sensor, wireless IP and aircraft design specialists, all with outstanding track-records in their fields, have gathered in Asterion to follow a vision of creating a system of a fully networked early risk detection and game changing, collateral damage avoiding, protection of both local high-risk assets as well as long range border crossing threats, through groundbreaking efficiency and EW protected wireless communications. Rather than considering current risks, contemplating any conceivable future countermeasures is an important part of Asterion’s mission.

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Laconic and the Plurinational State of Bolivia announce landmark 5 Billion USD Sovereign Carbon Transaction

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November 13, 2024

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CHICAGO and LA PAZ, Bolivia, Nov. 13, 2024 /PRNewswire/ — Laconic Infrastructure Partners Inc. (Laconic), announced today that it has been mandated by the Plurinational State of Bolivia to utilize its SADAR™ Natural Capital Monetization (NCM) platform to provide technology transfer in support of Bolivia’s capacity building initiatives as it seeks to finance the enhanced ambition set forth in its Nationally Determined Contribution (NDC).

By using Laconic’s first-of-its-kind carbon securitization platform, multiple large-scale environmental data streams will be aggregated to monetize up to 5BN USD of Bolivia’s present & future carbon stocks in the world’s first Article 6 compliant benchmark Sovereign Carbon sale.

“The Plurinational State of Bolivia is committed to completely ending deforestation within our territorial borders by 2030”, said Marcelo Montenegro Gomez Garcia, Minister of Economy & Public Finance. “By working with Laconic, we have been able, for the first time, to generate sufficient development financing to enable our country to make this commitment a reality and enhancing our ambition under the Paris Agreement. This benefits not only our own citizens, but all of mankind, as we collectively strive to meet NetZero 2050.”

By creating its unique Sovereign Carbon product, Laconic has revolutionized financial intermediation in the global carbon market by allowing carbon to be traded as a true financial asset for the first time. This capability allows governments to efficiently monetize their natural capital assets by issuing bona fide securities to institutional buyers at scale globally.

The Sovereign Carbon market is the only mechanism capable of generating the 1 Trillion USD of carbon trading required annually for mankind to achieve its collective NetZero pledge.

Laconic’s unique technology platform, SADAR™, works continuously to manage the data streams which the Sovereign Carbon product requires – ensuring compliance with the not only the Paris Agreement itself, but all applicable local and regional regulatory authorities governing the carbon market. Governments rely on Laconic to ensure seamless compliance with their treaty commitments, allowing them to focus on further enhancing their NDC ambitions and accelerating the pace of global decarbonization.

“Laconic is honored to be working with the Plurinational State of Bolivia to champion the innovative Sovereign Carbon market”, said Andrew Gilmour, CEO of Laconic. “This transaction demonstrates the power of technology to drive change in emerging markets finance, as, for the first time, we are able to collectively harness market forces to generate more economic growth from the preservation of natural capital assets than from the exploitation of them. Put simply – our technology has made it possible to make more money preserving your forests than you can by cutting them down.”

About Laconic
Laconic delivers accurate environmental intelligence, data management tools, and geospatially-fused insights that enable governments, corporations, and financial institutions to engage fairly in data interchange activities that facilitate open and compliant capital markets activity in carbon-linked instruments.

Founded in 2021, the company is a Public Benefit Corporation (PBC) headquartered in Chicago, with offices in Toronto, London, and Singapore.

For more information, please visit www.laconicglobal.com.

Laconic and SADAR (Sentient All-Domain Augmented Response), LUEI, and LUCID are trademarks or registered trademarks of Laconic Infrastructure Partners Inc. in the U.S. and other countries. All other names are trademarks or registered trademarks of their respective companies.

Media contacts:
Laconic
Brant Pinvidic
brant.pinvidic@laconicglobal.com

Elke Heiss
Elke.heiss@laconicglobal.com

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Kyndryl Unveils Dedicated AI Private Cloud in Japan to Accelerate Customer Deployment of AI Services

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November 13, 2024

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Kyndryl AI private cloud supports customer testing and adoption using the Dell AI Factory with NVIDIA

Private AI cloud is also available to Japanese academic institutions for AI research and innovation

TOKYO, Nov. 13, 2024 /PRNewswire/ — Kyndryl (NYSE: KD), the world’s largest IT infrastructure services provider, today launched a dedicated AI private cloud designed to enable AI innovation in Japan. Supported by a collaboration with Dell Technologies using the Dell AI Factory with NVIDIA, Kyndryl is establishing a controlled, security-rich and sovereign cloud where organizations can develop, test and implement AI services that expand their ability to compete and accelerate business performance.

Kyndryl’s new AI private cloud in Japan will help financial institutions, insurance providers, manufacturers, retail companies, and academics to confidently design and prepare to deploy innovative AI-powered solutions.

Under the collaboration, Kyndryl is establishing a Kyndryl Vital AI Lab capability that will leverage the AI-powered open integration digital business platform, Kyndryl Bridge, to support end-to-end AI applications and solution development on the NVIDIA AI Enterprise software platform. Kyndryl experts will assist with envisioning and co-creating solutions that harness the benefits of generative AI and large language models to drive innovation and achieve business objectives. Kyndryl also will apply the domain and industry expertise of Kyndryl Consult to advance customers’ ability to create, verify and deliver AI at scale.

“Organizations want to explore and understand how AI and generative AI can enhance and accelerate their business and technology transformation initiatives. They need a reliable and scalable environment with advanced security capabilities where they can develop, test and refine new solutions,” said Jonathan Ingram, President, Kyndryl Japan. “Our new AI private cloud with the Dell AI Factory with NVIDIA will provide a stable and trusted space where customers and Japanese academic institutions can confidently and privately design new applications and solutions, with support for their security, sovereignty, and data residency requirements.”

Customers using the AI private cloud environment also can access Kyndryl’s decades of experience supporting and managing mission critical applications and systems. The collaboration also will leverage Kyndryl’s ongoing work with NVIDIA that is focused on driving the development, implementation and use of solutions that deliver AI-powered insights and business outcomes.

“The Dell AI Factory with NVIDIA integrates Dell’s leading AI portfolio with the NVIDIA AI Enterprise software platform, providing Kyndryl customers the option to procure an end-to-end, pre-validated, full stack infrastructure,” said Kyle Dufresne, SVP, AI solutions sales, Dell Technologies. “With this collaboration, Kyndryl customers can get started on a wide range of AI and generative AI use cases that require security and performance, including retrieval-augmented generation (RAG), model training, and inferencing.”

“Enterprises need next-gen expertise and skills to drive innovation within their businesses and tackle today’s AI challenges,” said Bob Pette, Vice President of Enterprise Platforms, NVIDIA. “The combination of Dell AI Factory with NVIDIA and Kyndryl’s infrastructure services experience will provide the technical foundation and know-how that organizations require to develop and deploy AI at scale.”

Kyndryl will support a variety of customer use cases via its AI private cloud and plans to explore ways the environment can be optimized to enable efficient workload orchestration and workload placement, along with examining how it can enable fractional GPU capabilities to support more granular control over computing resources. 

To accelerate customer adoption and implementation of generative AI solutions Kyndryl also plans to leverage NVIDIA NeMo, NVIDIA NeMo Retriever and NVIDIA NIM microservices, all part of the NVIDIA AI Enterprise platform for the development and deployment of production-grade generative AI applications. This will advance customers’ ability to transform the build, operation and scale-out of an AI factory, leveraging AI integrations across the NVIDIA stack for smooth performance of the AI private cloud.

Through Kyndryl’s new dedicated private AI cloud service, customers can tap into a wealth of expertise crucial to their adoption of AI at scale, with support for their data security, sovereignty, and residency requirements.

Learn more about Kyndryl’s collaborations with Dell and NVIDIA.

About Kyndryl
Kyndryl (NYSE: KD) is the world’s largest IT infrastructure services provider, serving thousands of enterprise customers in more than 60 countries. The company designs, builds, manages and modernizes the complex, mission-critical information systems that the world depends on every day. For more information, visit www.kyndryl.com.

Forward-looking statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements often contain words such as “will,” “anticipate,” “predict,” “project,” “plan,” “forecast,” “estimate,” “expect,” “intend,” “target,” “may,” “should,” “would,” “could,” “outlook” and other similar words or expressions or the negative thereof or other variations thereon. All statements, other than statements of historical fact, including without limitation statements representing management’s beliefs about future events, transactions, strategies, operations and financial results, may be forward-looking statements. These statements do not guarantee future performance and speak only as of the date of this press release and the Company does not undertake to update its forward-looking statements. Actual outcomes or results may differ materially from those suggested by forward-looking statements as a result of risks and uncertainties including those described in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission.

Kyndryl Press Contact
press@kyndryl.com 

 

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