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AI-Driven Data Practices: Info-Tech Research Group Publishes Guide to Autonomous Enterprise Transformation

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Info-Tech Research Group has unveiled its latest research blueprint, which provides valuable insights into achieving business autonomy through strategic data practices. This blueprint emphasizes the alignment of data strategies with business objectives, the use of advanced technologies, and the cultivation of a data-proficient culture. By following these guidelines, enterprises can drive unprecedented growth, innovation, and operational efficiency.

TORONTO, July 31, 2024 /PRNewswire/ – As organizations navigate a complex data landscape fraught with challenges like disparate data sources and siloed systems, the need for a well-defined data practice strategy has become more critical. To support their evolution into autonomous enterprises, global research and advisory firm Info-Tech Research Group has published its latest resource, Define a Data Practice Strategy to Power an Autonomous Enterprise. This comprehensive research highlights the obstacles that hinder effective data utilization and emphasizes the necessity of aligning data practices with organizational objectives. In the blueprint, Info-Tech advises IT leaders that by focusing on data literacy, collaborative operating models, and advanced technologies, organizations can leverage the transformative power of data to drive innovation, operational efficiency, and sustainable growth.

The blueprint underscores how important it is for organizations to understand the full scope of data and IT challenges they face. As AI continues to evolve, it will demand an increasing volume and variety of high-quality data.

“Applied AI is a true paradigm shift offering opportunities for transformative value generation and potential for disruption. AI will continue to demand an increasing volume and variety of quality data, delivered increasingly in real time, produced and consumed from anywhere,” says Irina Sedenko, research director at Info-Tech Research Group. “This exponentially growing demand for data increases the pressure on technology and data leaders to deliver the necessary processes, capabilities, and technologies to service that demand. However, with just one in ten data leaders viewed as true business value creators by executives, leaders must innovate their strategies to meet these expectations effectively or face the threat of falling behind in the competitive landscape.”

The research insights support the firm’s stance that in the Exponential IT future, the role of data will shift from a support tool for internal decisions to a driving force behind core business strategies. The rapid advancement of AI technologies allows organizations to address more complex problems and build systems that take advantage of real-time data from multiple sources. This shift demands that organizational leaders adopt innovative tactics to meet new expectations or risk being left behind.

“Data & analytics practices need to change. CIOs need to lead the change by partnering with the business and empowering business leaders to own and drive data & analytics initiatives,” explains Vince Mirabelli, principal research director at Info-Tech Research Group. “Organizations need to redefine the data & analytics practice and its capabilities, break down IT and business silos, and recognize they have a skills gap. Data teams need to learn how to communicate with the business in terms of business value, and business teams need to learn data product management.”

The firm’s resource details the process for identifying data best practices by incorporating AI, reimagining capabilities, evolving practices, and redefining the role and value of data within the organization.

In its latest resource, Info-Tech outlines three focus areas for IT leaders to prioritize in their data management efforts:

Redefine the Value of Data: Drive the proper utilization of data assets to differentiate unique products and services. This approach involves identifying and leveraging the most valuable data to generate significant business outcomes and competitive advantage.

Consider Business and Technology as a Single Team: Establish a true business and IT synergy environment that drives strategic data use. This includes enhancing collaboration and partnership with the business, empowering the business to take ownership of data and analytics initiatives, and ensuring that data-driven decisions are made closer to where the impact is felt.

Address the Skills Gap: Recognize the skills gap between IT and business teams and foster technical expertise and product management skills within business teams. Simultaneously, business awareness within the technology team should be developed to ensure they understand and align with business objectives and can effectively communicate the value of data initiatives.

Info-Tech’s comprehensive blueprint provides practical guidance for organizations aiming to define a data practice strategy that propels them toward becoming autonomous enterprises.

The firm advises that by aligning data initiatives with business objectives, leveraging advanced technologies, and nurturing a data-driven culture, organizations can unlock new opportunities for growth, innovation, and operational efficiency. Embracing this strategic approach not only empowers organizations to harness the full potential of their data assets but also enables them to adapt proactively to changing market dynamics and emerging trends. This proactive adaptation ensures sustained competitiveness and long-term success in an increasingly data-centric world.

For exclusive and timely commentary from Irina Sedenko or Vince Mirabelli, experts in data management, as well as access to the complete Define a Data Practice Strategy to Power an Autonomous Enterprise blueprint, please contact pr@infotech.com.

Info-Tech LIVE 2024
Registration is now open for Info-Tech Research Group’s annual IT conference, Info-Tech LIVE 2024, taking place September 17 to 19, 2024, at the iconic Bellagio in Las Vegas. This premier event offers journalists, podcasters, and media influencers access to exclusive content, the latest IT research and trends, and the opportunity to interview industry experts, analysts, and speakers. To apply for media passes to attend the event or gain access to research and expert insights on trending topics, please contact pr@infotech.com.

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

To learn more about Info-Tech’s divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software buying insights.

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 access the latest research, visit infotech.com and connect via LinkedIn and X.

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SOURCE Info-Tech Research Group

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Prime Minister to travel to New York City to attend the United Nations General Assembly and the Summit of the Future

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OTTAWA, ON, Sept. 16, 2024 /CNW/ – The Prime Minister, Justin Trudeau, today announced that he will travel to New York City, United States of America, from September 22 to 25, 2024, to participate in the 79th Session of the United Nations General Assembly and the Summit of the Future. The Prime Minister will work closely with Canada’s international partners to strengthen democracy, take climate action, defend global security, and improve access to health care, including reproductive health.

As Co-Chair of the United Nations Sustainable Development Goals Advocates group, the Prime Minister will reaffirm Canada’s commitment to advancing ambitious international action toward the 2030 Agenda for Sustainable Development. This includes moving forward on shared work on education, climate change and biodiversity loss, and gender equality around the world.

At the Summit of the Future, the Prime Minister will join other leaders to take action on key global challenges and enhance ways to work together to secure a better future for everyone. The leaders will work to accelerate efforts on pressing global challenges, including sustainable development, international peace and security, technological innovation and digital co-operation, decarbonization and clean energy, and human rights.

Prime Minister Trudeau will co-host a discussion with the Prime Minister of Haiti, Garry Conille, to help mobilize the resources needed to address the crises the country is facing and support solutions that are Haitian-led and focused on the needs of the Haitian people. He will also co-host a high-level event with the President of the European Commission, Ursula von der Leyen, to promote action on climate change, carbon pricing, and industrial decarbonization.

Throughout his visit, the Prime Minister will collaborate with other leaders on pressing geopolitical challenges, including Russia’s ongoing war of aggression against Ukraine as well as the evolving situation in the Middle East. He will emphasize the importance of international efforts to safeguard peace and security around the world, including by defending democracy and strengthening the rules-based international order.

Achieving a more peaceful, stable, and prosperous world starts with unified global action. Canada’s unwavering commitment to the United Nations is a pledge to Canadians that we will do our part to build a better future for everyone.

Quote
“At this year’s United Nations General Assembly and at the Summit of the Future, Canada will have a leading role in making the world fairer and more prosperous. I look forward to working with other leaders to accelerate progress on our shared priorities and build a better future for everyone.”
— The Rt. Hon. Justin Trudeau, Prime Minister of Canada

Quick Facts

Canada has been active at the United Nations (UN) since its creation in 1945 and has played a key role in drafting the UN Charter, the treaty that is the cornerstone of the rules-based international order.Canada is the sixth-largest donor to the UN, including voluntary and assessed contributions totalling over US$2 billion in 2022.In 2015, Canada joined all UN Member States in adopting ambitious goals for sustainable development, as outlined in Transforming our World: The 2030 Agenda for Sustainable Development. The 2030 Agenda centres on a set of 17 Sustainable Development Goals (SDGs), encompassing the social, economic, and environmental dimensions of sustainable development. Taken together, the SDGs aim to improve the lives of all people, while protecting the planet.Released in 2021, Moving Forward Together: Canada’s 2030 Agenda National Strategy builds upon 30 actions and five core principles to create and foster an enabling environment for ongoing dialogue and participation to encourage Canadians to take action to realize the SDGs.In 2022, Prime Minister Trudeau was named Co-Chair, with the Prime Minister of Barbados, Mia Mottley, of the UN SDG Advocates group by UN Secretary-General António Guterres. SDG Advocates work to raise global awareness of the SDGs and of the need for accelerated action by using their respective platforms.In 2021, Canada launched the Global Carbon Pricing Challenge. This partnership aims to expand the use of pollution pricing by strengthening existing systems and supporting emerging ones. The Challenge also serves as a forum for dialogue and co-ordination to make pricing systems more effective and compatible while supporting other countries in adopting carbon pricing and cutting emissions on the path to net-zero by 2050.

Associated Links

Canada and the United NationsSummit of the FutureTransforming our World: The 2030 Agenda for Sustainable DevelopmentThe 2030 Agenda for Sustainable Development

This document is also available at https://pm.gc.ca

SOURCE Prime Minister’s Office

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NORTH STAR PROMISE DRIVES RECORD ENROLLMENT AT MINNESOTA’S PUBLIC COLLEGES AND UNIVERSITIES

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State Colleges and Universities See 7% Enrollment Surge; University of Minnesota Freshman Class Up 8%

SAINT PAUL, Minn., Sept. 16, 2024 /PRNewswire/ — North Star Prosperity released the following statement after public higher education institutions across the state reported a surge in enrollment thanks to the North Star Promise, a groundbreaking program designed to increase college access and affordability by providing tuition-free opportunities at public and tribal colleges for Minnesota residents making less than $80,000. It is the first time in over a decade that enrollment at Minnesota’s public colleges has increased.

North Star Prosperity led the campaign for North Star Promise, which Governor Tim Walz signed into law in May 2023.

“The North Star Promise program is a game-changer,” stated Mike Dean, Executive Director of North Star Prosperity. “We know that higher education is the most reliable path toward the middle class and yet for more than two decades, the cost of college has been out of reach for too many students. When we make education affordable and accessible, it’s an investment in the future of Minnesota’s workforce. Giving Minnesotans the tools to succeed in today’s economy is not only the right thing to do; it’s good business.”

For more information about the North Star Promise and how it benefits Minnesota residents, please visit www.northstarprosperity.org/freecollege or contact Mike Dean.

North Star Prosperity is fighting for an economy that works for all Minnesotans. Driven by our belief that everyone deserves a fair shot, we challenge the systemic roots of poverty and inequality by advocating for progressive economic policies that dismantle structural barriers and expand opportunity for all.

View original content to download multimedia:https://www.prnewswire.com/news-releases/north-star-promise-drives-record-enrollment-at-minnesotas-public-colleges-and-universities-302249333.html

SOURCE North Star Prosperity

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Mynaric Advances Production of CONDOR Mk3

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Shipments will support the Space Development Agency’s Tranche 1 program

MUNICH, Sept. 16, 2024 /PRNewswire/ —  Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced the successful advancement of the company’s volume production ramp for the CONDOR Mk3. Mynaric continues to work through previously announced production delays and has realized near-term improvement in production yields and supply chain-related bottlenecks. Production delays of CONDOR Mk3 were caused by lower than expected production yields and supplier shortages of key components.

“We remain committed to our mission to deliver laser communications products at scale to the market and meet our near-term customer requirements,” said Joachim Horwath, Chief Technology Officer and founder of Mynaric. “Despite the setbacks we faced over the past few months, our team has worked tirelessly to address these challenges. We have implemented solutions to ensure the smooth continuation of our production process.”

“We are happy to report that the technical challenges on the production ramp are being addressed and I am working with Joachim to ensure that Mynaric is well positioned for future success,” said Andreas Reif, Chief Restructuring Officer of Mynaric. “Moving forward, Mynaric will continue to meet the current requirements of our customers.”

Current shipments of the CONDOR Mk3 free space optical communications system will be part of the United States Space Development Agency (SDA) Tranche 1 program. Mynaric was selected by Northrop Grumman as the sole supplier of optical communications terminals for the SDA’s Tranche 1 Transport and Tracking Layer programs and by York Space Systems for the SDA’s Tranche 1 Transport Layer. Mynaric was also selected by Loft Federal to supply the CONDOR Mk3 terminals to NExT – the SDA’s Experimental Testbed.

In addition, Mynaric continues to pursue opportunities that explore the use of free-space optical communications for additional space programs. Mynaric has been recognized as a key development partner in Phase 2 of DARPA’s Space-BACN program, was selected by the European Space Agency (ESA) to investigate optical technologies for next generation high-throughput optical inter-satellite links and was selected by the German government for multiple projects to develop quantum communication capabilities.

In addition, Mynaric continues to diligently pursue additional capital sources to secure our on-going operations and production ramp. We continue to evaluate a number of different strategic options to address our near-term capital needs.

About Mynaric

Mynaric (NASDAQ: MYNA) (FRA: M0YN) is leading the industrial revolution of laser communications by producing optical communications terminals for air, space and mobile applications. Laser communication networks provide connectivity from the sky, allowing for ultra-high data rates and secure, long-distance data transmission between moving objects for wireless terrestrial, mobility, airborne- and space-based applications. The company is headquartered in Munich, Germany, with additional locations in Los Angeles, California, and Washington, D.C.

For more information, visit mynaric.com

MEDIA CONTACT
Krista Hazen                                                                                   
krista.hazen@mynaricusa.com   

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SOURCE Mynaric USA, Inc.

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