Technology leaders’ agenda

To strategically transform, chief information officers (CIOs) and tech leaders need to deliver tech at speed, innovate at scale and put humans at the center.

EY named a Leader in the IDC MarketScape: Worldwide AI Services 2023

In the report, IDC considers EY's strategies around offerings, platform-based delivery, client adoption, sales enablement, alliances, growth, innovation and R&D, technology skills, and employee retention as key strengths.

 

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The pressure is on technology leaders – chief information officers (CIOs), chief technology officers (CTOs) and chief data officers – to strategically enable their organizations’ ambitions and quickly bring their transformation visions to life. Successful leaders already know data is the currency of the digital age. They are now bringing a data-centric approach to every decision, innovation and experience. They’re investing in next-generation analytics and AI to unlock more of data’s value for all stakeholders. Here are six actions to focus on:

  • Embed data centricity and adopt next-gen analytics

    Very few organizations are truly data-centric, but many are working to get there by shifting resources to fill their gaps in data in analytics. “A data-centric organization uses data as a shared asset to create intelligence and insights for its customers and stakeholders, and to continuously improve its operating model as well as products and services,” says Beatriz Sanz Saiz, EY Global Consulting Data and Analytics Leader. To drive data centricity, explore use cases aligning to corporate strategy to improve visibility, and reduce risks while creating value in the process. Architect and build a technology foundation to address shortfalls resulting from the sheer volume of data and steep integration requirements.

    How data fabric can help companies level the AI playing field

    Data fabric can help companies accelerate their transformation journey and take a major step forward to improve competitive standing.

    18 Oct 2021

    Seven strategic pillars of a leading business data fabric

    Data fabric can unlock insights from across the data-driven enterprise.

    1 Nov 2021

  • Invest in the four foundational technologies — cloud, data & analytics, AI & ML and IoT

    Cloud, data and analytics, artificial intelligence (AI) and machine learning (ML), and the Internet of Things (IoT) together constitute the foundation for a successful digital transformation. Select the right technology stack – based on sector priorities and near- and long-term strategic objectives – to meet transformation needs. Then identify the right use cases for technology investments in skills and tools to support transformation vision.

    Is your cloud journey moving fast enough to realize your business ambitions?

    When it comes to agility and resilience, cloud technology enables organizations to transform at speed and reframe their future.

    26 Sep 2022 EY Global

    How digital platforms can support your transformation journey

    Dedicated digital platforms can offer significant benefits by helping organizations accelerate their transformation journey.

    3 Aug 2021

  • Change as fast as your consumers

    Preferences are changing fast and enterprises are having to adapt to volatile shifts in consumer demand. Investing in the right data analytics and technologies to better understand customers’ needs is critical, but companies also need to shift their mindset to succeed. Commit to innovation and new product development to improve customer centricity and build consumer trust by establishing governance measures for the ethical deployment of technology.

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    17 Mar 2022

  • Nurture ecosystem partnerships to accelerate and maximize value

    Ecosystems play a critical role in accelerating transformation and maximizing value. When aligned to an organization’s specific needs, they allow access to a wide portfolio of technology tools and relevant talent to support transformation. Choose the right ecosystem business model to reduce risk and improve the value of interactions with participants.

    The CEO Imperative: How mastering ecosystems transforms performance

    Ecosystem business models are enhancing performance, accelerating innovation and driving transformational growth for organizations.

    24 Jan 2022 Greg Sarafin

    Seven business models for creating ecosystem value

    We identify seven distinct ecosystem business models that companies are using to drive growth and create value for common customers.

    1 Dec 2021 Greg Sarafin

    How building your tech ecosystem fuels innovation and growth opportunities

    CIOs are making these considerations to create alliances with a subset of strategic suppliers.

    8 Oct 2021 Greg Sarafin

  • Make strategic moves in the race for talent

    Tech-enabled transformation can be delayed by talent and culture struggles. Develop the visibility to understand current and future skills gaps and use “build, buy and borrow” talent interventions accordingly. To support this approach, implement a holistic digital talent strategy to upskill, retain existing staff and attract necessary talent. Be proactive with change management and adopt new employee experiences to address technology-related changes. 

    In the talent race, leaders also seek to add diversity to their workforces. The EY Women in Technology program supports girls and women to enter, remain, thrive and lead in the world of technology. By nurturing and supporting women as leaders, entrepreneurs and innovators, companies can accelerate the pace of change, improving the lives of individuals and communities through better economic opportunities.

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    14 May 2021

    How EY is delivering an exceptional experience for its workforce

    EY People Advisory Services has helped the global EY organization realize one of the largest end-to-end HR transformations on record.

    6 Feb 2023 Liz Fealy

  • Manage risk and maintain trust among stakeholders

    Advanced technologies introduce new demands on security, in addition to those of existing infrastructure. Deploying in a cloud environment raises new concerns of business interruption and valuable data protection. If customers and business partners don’t trust your technology, they simply won’t use it. Maintain resiliency and visibility with your stakeholders by adopting a risk-optimization mindset across your technology portfolio.

    Using technology to control spending risk in a fast-moving environment

    EY is helping Microsoft to modernize and reinvent its compliance risk management across its global footprint.

    19 Oct 2022 Jim Little

    What is intelligence without trust?

    We explore five key areas that can help business leaders build trust, even as AI continues to transform businesses.

    11 Apr 2019

One or more member firms of Ernst & Young Global Limited participate in alliances or ecosystem relationships with the following companies: