Major Issues Facing The Software Industry Today
Each year we talk with tech leaders about the biggest problems they’ll face in the near future, and we’re starting to see some subtle and not-so-subtle shifts from the worries of 2018.Data overload, a major concern 12 months ago, has evolved as new data-hungry tools and AI help make sense of data and drive business decisions. This year CIOs say they’re more concerned with how to protect that data, as organizations grapple with new privacy regulations. Learn from your peers: Check out our on the challenges and concerns of CIOs today. Find out the and the. Get weekly insights. As the economy continues to improve, CIOs are less hampered in 2019 by tightening budgets. And worries about moving to the cloud are less of an issue, since many companies have already made the jump.
Executives put more emphasis now on securing their cloud-based assets across multiple cloud environments. Read on to see what experts from the C-suite, recruiters, and those in the trenches say are today’s top-of-mind concerns — and how to deal with them. New security threatsHeadline-grabbing recent events may spark surprising new security threats, says Rick Grinnell, founder and managing partner of Glasswing Ventures. “The government shutdown helped contribute to a great cyber threat to the U.S. Government, critical infrastructure and other public and private organizations,” Grinnell says. “With the shutdown, many of the security professionals watching for threats at a national level were not on duty, creating a bigger hole for attackers.
Problems Facing Society Today
Time will tell if a month of lowered defenses will have deeper repercussions in 2019 and beyond.”Tech leaders are also gearing-up for next-generation, AI-driven cyber attacks.“Security professionals must be extra vigilant with detection and training against these threats,” says John Samuel, CIO at CGS. “This year, companies will need to introduce AI-based protection systems to be able to contain any such attacks introduced by this next-gen tech.”Grinnell says AI wasn’t a factor in the most notable attacks of the last year, but he expects that to change.“I believe 2019 will bring the first of many AI-driven attacks on U.S. Companies, critical infrastructure and government agencies,” he says. “Let’s hope I’m wrong.” 2. Data protectionForward-thinking organizations are now implementing privacy by design in their products, but making sure those efforts meet GDPR standards is an ongoing concern. Google, for example, just saw a by French regulators over how the company collects data.“U.S. Businesses will need to consider a GDPR-type policy to protect citizens even before any regulations are enacted,” Samuel says.
“Ultimately, there must be international guidelines to ensure customer privacy and protection on a global scale to allow for easier compliance.”Jacob Ansari, senior manager of Schellman and Co., says IoT security got a lot of attention last year, but it led to little practical change in the industry.“The makers of IoT devices still use vulnerable software components, poor network and communication security, and are unable to supply software updates in the field,” says Ansari. “They’re still making essentially all of the mistakes everyone else made in the late 1990s and early 2000s. Oh, and your voice-activated home device is spying on you and the company that makes it will give your data to the wrong person by accident with little oversight or accountability. This also suggests that better data privacy legislation — at least in the U.S. — is a potentially hot topic for 2019, particularly in light of the events of recent elections. Nobody loved implementing GDPR in Europe, but its protections for ordinary people are decent.' Skills gapMore than one of our sources mentioned the, but with a twist — some tech leaders now see the problem more self-inflicted than intractable.“If you're only looking at college graduates with computer science or electrical engineering degrees from the top ten universities in the U.S.
Then yes, there are hardly any candidates, and most of them are going off to the five largest employers,” says Tod Beardsley, director of research at Rapid7. “But the potential talent pool is so, so much larger than this, and companies would do well to explore this space a little more liberally.”Sandra Toms, vice president and curator of the RSA Conference, says IT departments would help themselves by “plugging their skills gap with more diverse employees, and not just in terms of race and gender. Most IT hiring groups fail to look at diversity in life experiences, religion, backgrounds, sexual orientation, and education. Viewing diversity in a more holistic manner should open up a broader field of candidates and lead to higher levels of productivity.' For a more in-depth look at the hiring market, see '.' Multi-cloud securityWhen exploring new cloud-based services, CIOs now need to ask about security across multiple platforms, says Laurent Gil, security product strategy architect at Oracle Cloud Infrastructure.“Traditionally, multi-cloud leads the enterprise to manage many different, often incompatible and inconsistent security systems,” Gil says.
“We think that selecting cross-cloud, cloud-agnostic security platforms is now fundamental in ensuring consistency, and most importantly completeness of securing enterprise-wide assets regardless of where these assets are living.”Find out the '.' Innovation and digital transformationAccording to, about two-thirds of business leaders think their companies need to speed up their or face losing ground to competitors.Most companies will continue on the same path until they’re forced to do otherwise, says Merrick Olives, managing partner at cloud consulting firm Candid Partners.“Tying IT spend to strategic business capabilities and answering the question ‘How will this make us more competitive?’ is essential,” Olives says. “Value stream-based funding models as opposed to project-based funding are becoming more and more effective at tying board-level objectives to budgetary influences. The cost structures and process efficiencies of legacy vs. A nimble digital capability are much different — nimble is less expensive and much more efficient.”See also ' and '.'
Opinions expressed by Entrepreneur contributors are their own.Enterprise technology is a booming industry. Companies are creating software that better meets the needs of their customers and solves the problems they face. But the industry isn’t without its problems.Enterprise tech as an industry faces many issues that are threatening the success of new software and new businesses. From the cloud to customer demands, here are some the biggest challenges in enterprise tech right now: 1.
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Outdated UI/UXIn the past, enterprise technologies didn’t always have the best user interfaces or user experiences. Processes and products are complicated for large corporations, and thus the software that served them often became cumbersome.Related:As technology advances, companies are putting more emphasis on UX, but getting it right is still a major challenge. The problem is finding a delicate balance between the function of enterprise tech and how it interacts with users.Companies need to create products organizations want to use. The software needs to be complicated enough to effectively solve problems, but simple enough for end users to use easily. Mixing cloud and on-premise servicesAt one time, enterprise tech only existed on premise.
There was no cloud. Now, that story has reversed.To be competitive, enterprise-tech companies need to offer cloud options in addition to traditional, on-premise ones. In fact, a report released by in March found that 93 percent of companies surveyed are using the cloud. Although the cloud has grown in popularity, many enterprises still want on-premise solutions because they can be less vulnerable to attacks than cloud-stored data. Standing outJust like any other industry, differentiation is a challenge for enterprise-tech companies. Giants such as Apple, Google, Microsoft, IBM, Hewlett-Packard and Cisco already dominate the industry - but there is room for small and medium players as well.Industry newcomers are making waves and gaining capital by solving unmet needs, listening to feedback to create better products and finding niche clients to serve. For example, which allows distributed programmers to easily build, ship and run apps, took off because it offers a solution to a new problem in a new area of technology.Related: 4.
Following consumer techEnterprise tech is typically a step behind consumer-tech pioneers when it comes to user interface and design. Salesforce modeled the user interface of its social platform Chatter after that of Facebook. When Yammer launched, it was seen as the Twitter for companies.Consumer tech is on the cutting-edge - enterprise tech watches and follows suit. The challenge for enterprise tech companies is to beat this trend and stay ahead of the curve. Catering to one customerOne customer should never be more than 20 percent of a company’s revenue, but many enterprise-tech companies find themselves in this situation.While developing advanced software, one customer may want new features and products to fit its needs. The company starts customizing products for that customer, and soon, the whole business is tailored to it. Now one customer makes up half of the company’s revenue.This is a real risk to enterprise-tech businesses.
Putting too many eggs in one basket can lead to a downfall. Balancing feedback and focusCustomers have a hundred ideas for new features and updates to make products and services better. Companies that listen to every suggestion are pulled in too many directions, and the original focus and vision for the software is lost.Although customer feedback is crucial and constantly iterating and pivoting is central, make sure to stay true to the original product vision and not get splintered in too many different directions because of customer feature requests.Related.