Daily Archives: April 3, 2018

Nasdaq Hosted 2nd Nasdaq International Designation Virtual Investor Conference

NEW YORK, April 03, 2018 (GLOBE NEWSWIRE) — Nasdaq, Inc. (Nasdaq:NDAQ) announced the conclusion of its Nasdaq International Designation Virtual Investor Conference on March 21, 2018. In collaboration with BNY Mellon Depositary Receipts, Nasdaq welcomed select BNY Mellon Level I ADR Issuers from Australia and New Zealand to present their current state of business to a broad audience, including potential investors. The Conference also provided individual and institutional investors an opportunity to engage with CEOs, CFOs, and IROs from a wide range of sectors globally.

The presentation content is available at links below. Presenting companies include:

Full Conference
https://edge.media-server.com/m6/p/orbxhauh

Spark New Zealand Ltd.
(NZX:SPK), (OTC:SPKKY)
Simon Moutter – Managing Director
https://edge.media-server.com/m6/p/o6ydvbf3

St. Barbara Ltd. – Australia
(ASX:SBM), (OTC:STBMY)
Bob Vassie – Managing Director and Chief Executive Officer
https://edge.media-server.com/m6/p/q7332goe

CSL Limited  – Australia
(ASX:CSL), (OTC:CSLLY)
David Lamont – Chief Financial Officer
https://edge.media-server.com/m6/p/ncgcerb2

Lynas Corporation Ltd. – Australia
(ASX:LYC), (OTC:LYSDY)
Amanda Lacaze – Chief Executive Officer and Managing Director
https://edge.media-server.com/m6/p/877wmvak

Chorus Ltd.
(NSX:CNU), (OTC:CHRYY)
Kate McKenzie – Chief Executive Officer
https://edge.media-server.com/m6/p/o9t5s5d3

Northern Star Resources Limited – Australia
(ASX:NST), (OTC:NESRF)
Bill Beament – Executive Chairman
https://edge.media-server.com/m6/p/tknhejhh

Starpharma Holdings – Australia
(ASX:SPL), (OTC:SPHRY)
Dr. Jackie Fairley – Chief Executive Officer and President
https://edge.media-server.com/m6/p/qdcoump5

Nasdaq International is a designation. The companies are not listed or traded on The Nasdaq Stock Market LLC, and are not subject to the same listing or qualification standards applicable to securities listed or traded on an exchange. The U.S. shares will continue to trade on the OTC.

About The Nasdaq International Designation
The Nasdaq International Designation program is designed for non-U.S.-based companies that have Level I American Depository Receipts or shares that trade in the over-the-counter (OTC) market. The program offers a unique partnership with Nasdaq that provides member companies with Nasdaq’s robust visibility offering, which allows for greater access to U.S. investors and can potentially increase liquidity. The Nasdaq International Designation is home to a diverse range of companies in innovative industries across the globe. Total Market Cap of Member Companies exceeds $175B and program members hail from Australia, Japan, Germany, Brazil, Canada, the U.K., and the Netherlands.

Members of the program were invited to the Nasdaq MarketSite this past year with the opportunity to amplify their brand activities through different channels. In 2018, we look forward to helping our members grow their brands, increase liquidity and shape their personal messages to the investment community.

If you are interested in Nasdaq International Designation Program, learn more here.

About Nasdaq:
Nasdaq (Nasdaq:NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world’s securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: http://business.nasdaq.com.

Nasdaq Media Relations Contact:

Emily Pan
+1(646) 441-5120
emily.pan@nasdaq.com

Telecommunications leader joins Globecomm Executive Team

HAUPPAUGE, N.Y., April 03, 2018 (GLOBE NEWSWIRE) — Globecomm, a leading global provider of managed network communication solutions, today announced the appointment of Christopher Ivory as executive vice president & general manager of commercial solutions, reporting to Chief Executive Officer Jason D. Juranek.

In this role, Ivory will lead the global commercial team to drive consistent sales growth and to deliver advanced technology solutions, building on Globecomm’s solid reputation for designing, managing and operating complex communications systems and providing strong customer satisfaction.

Ivory has worked in the telecommunications industry for more than 25 years, mainly focusing on international markets with an emphasis on emerging markets.  For the last 10 years, he has held executive sales and management positions with Global Eagle Entertainment and Emerging Markets Communications (EMC), which was acquired by Global Eagle, and was most recently the company’s go-to-market head, vice president for land solutions.

Prior to Global Eagle, Ivory was senior vice president, telephony at Impsat Fiber Networks located in Buenos Aires, Argentina. He also served as senior manager of carrier relations for BT Carrier Services, and senior manager of sales for MCI’s Mexican company, Avantel.

“Adding Chris to our team continues our goals of strong customer focus and delivering high quality, reliable communication solutions,” said Juranek. “Chris’s deep telecommunications knowledge and proven track record of delivering results will allow Globecomm to capitalize on our growth objectives and strategic initiatives.”

Ivory received a bachelor’s degree from the State University of New York at Cortland.

www.globecomm.com

About Globecomm
Globecomm is a trusted global connectivity partner that designs, manages, and distributes voice, video and data solutions to the most remote locations on Earth and under the most treacherous conditions.  The company’s multi-network Satellite, Fiber, and Cellular Infrastructure is the backbone of mission-critical RF and IP communications for Government, Maritime, Media, Enterprise, and Oil and Gas customers in over 100 countries.  In addition to operating managed network and hosted switch services, Globecomm designs and integrates best-of-breed broadcast and OTT media solutions, complete enterprise communications and data management systems including Internet of Things applications, and on-premise and cloud-based enterprise video platforms.  We proudly serve the U.S. government and NGOs around the world with Morale, Welfare, and Recreation (MWR) services, and assist with enterprise and government disaster relief efforts.

Headquartered in Hauppauge, NY, Globecomm has locations in Texas, Florida, Maryland, New Jersey, Virginia, the Netherlands, South Africa, Germany, Singapore, Hong Kong, the United Arab Emirates, Indonesia and Afghanistan. www.globecomm.com

Contact Information:

Peggy Stalhut; peggy.stalhut@globecomm

Accelerated Technologies Holding Corp. (OTCMarkets.com: ATHC) announces the launch of wholly owned Subsidiary IconXchange. Adds ICO countdown.

IconXchange (IXC) intends to monetize the future revenues of sports and entertainment stars via Initial Coin Offering (ICO) and Token Generating Events (TGE). The intended offerings will provide fans with the ability to invest in current and future revenues of athletes and entertainers, on and off field/stage. The Initial Coin Offering/TGE scheduled to go live by May 0f 2018.

New York, April 03, 2018 (GLOBE NEWSWIRE) — The blockchain technology will be used for tracking of performance, brand recognition, contract revenues, endorsement revenues, earnings, distribution and brand management in the world of NBA, NFL, NHL, MLB, Soccer, Cricket, NASCAR, Formula 1 as well as Acting and Music industries globally. IXC’s platform will look to create a centralized place where fandom and stardom meet. With each offering, Accelerated Technologies (ATHC) will directly retain a fee in the form of tokens, unrelated to its ownership of IXC, to benefit those shareholders that are less likely to participate in the ICOs and prefer to own equity in a publicly traded entity instead.

Accelerated Technologies begin ICO countdown.

“We are very pleased to make public our plans for IconXchange. We anticipate this new medium to fully transform engagement between fans and the Icons they follow, enabling participation in a brand’s current and future successes. Unlike our predecessors launching applications with great potential, our intended targets are currently generating revenues and have global recognition. We believe, Icons will compete for ranking and Token valuations”.  Said Eric Kuvykin, Accelerated Technologies Holding Corp. President.

Accelerated Technologies Holding Corp. (OTCMarkets.com: ATHC) is a full-service end to end business solution and technology company that specializes in cloud based disruptive technologies. The Company provides consulting and enterprise level technology services. In addition, ATHC is involved in developing its own disruptive technology products in the sectors of artificial social realities, short term alternative funding platforms, electronic payment solutions and Blockchain technologies focused on social engagement, sports, entertainment and content creation.

For more information visit www.athcorp.com

Statements made in this letter include certain forward-looking statements, management’s objectives, strategies, beliefs and intentions. The Companies do not intend, and do not assume any obligation, to update forward-looking statements which are frequently identified by such words as “may”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements represent management’s best reasonable judgment based on current facts and assumptions. The Company makes no representation that reasonable business people in possession of the same information would reach the same conclusions. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of competitive risks and the availability of financing. Actual events or results may differ materially from those projected in the forward looking-statements and readers are cautioned against placing undue reliance thereon.

Eric Kuvykin 212.385.9200 eric.k@athcorp.com

Source: Accelerated Technologies Holding Corp.

BNP Paribas and Janus Henderson complete transaction transferring Janus Henderson’s US middle and back office operations to BNP Paribas

NEW YORK and DENVER, April 03, 2018 (GLOBE NEWSWIRE) — BNP Paribas Securities Services, a leading global custodian with over $11.3 trillion in assets under custody, and Janus Henderson Investors (NYSE:JHG) (ASX:JHG), today announced that Janus Henderson’s middle and back office operations in the US have been transferred to BNP Paribas, marking a major expansion of the bank in the country. The transaction was announced on November 9, 2017.

This transaction is part of BNP Paribas’ 10-year strategic build-out of its Securities Services business in the US, and provides the bank with a proven US mutual fund administration and accounting platform.

More than 100 Janus Henderson employees, based in Denver, Colorado, have transitioned to BNP Paribas. The bank is committed to growing its presence in Denver, where its mutual fund administration hub will now be located. Other Securities Services operational hubs in the US include King of Prussia, Pennsylvania for hedge fund administration and Jersey City, New Jersey for custody and clearing.

As part of the transaction, BNP Paribas becomes the fund services provider for Janus Henderson’s US regulated mutual funds, representing $138 billion in assets.

Claudine Gallagher, Head of the Americas for BNP Paribas Securities Services, said:  “We have a long-standing relationship with Janus Henderson and are pleased to further this partnership.

“We are also delighted to welcome Janus Henderson’s staff of fund servicing professionals, whose combined expertise will enable us to deliver a seamless transition for Janus Henderson and its clients.  As we continue to build out our US business, we will be able to offer the market an integrated middle-to-back office platform, offering ’40 Act fund accounting, fund administration and custody.”

Dick Weil, Co-Chief Executive Officer at Janus Henderson Investors, said: “Having worked closely with the BNP Paribas team on this transaction over the course of the past few months, we have been impressed by their commitment to making this transition a success and feel confident that they will deliver superior service to our clients.  BNP Paribas has been an excellent partner. I look forward to extending this in the years ahead.”

With $2.8 trillion in assets under administration, and a global reach covering over 90 markets, BNP Paribas aims to support its clients in realizing their investment opportunities across the world and across all asset classes.

About BNP Paribas Securities Services

BNP Paribas Securities Services, a member of the BNP Paribas Group, is a leading global custodian and securities services provider. Backed by the strength of the BNP Paribas Group, BNP Paribas Securities Services provides multi-asset post-trade and asset servicing solutions for buy- and sell-side market participants, corporates and issuers. With a presence in 36 countries and a global reach covering over 90 markets, its network is one of the most extensive in the industry, enabling clients to maximize their investment opportunities worldwide.

About Janus Henderson
               
Janus Henderson is a leading global active asset manager dedicated to helping investors achieve long-term financial goals through a broad range of investment solutions, including equities, quantitative equities, fixed income, multi-asset and alternative asset class strategies.

As at 31 December 2017, Janus Henderson had approximately US$371 billion in assets under management, more than 2,000 employees and offices in 27 cities worldwide. Headquartered in London, the company is listed on the New York Stock Exchange (NYSE) and the Australian Securities Exchange (ASX).

BNP Paribas Press Contacts   

North America
Jamie Somohano                      
+1 212 841 2406
jamie.somohano@us.bnpparibas.com

EMEA
Caroline Lumley
+44 (0) 20 7410 4650
caroline.lumley@uk.bnpparibas.com

Janus Henderson Investors Press Contacts                             

North America
Erin Passan, +1 303 394 7681
erin.passan@janushenderson.com

EMEA
Angela Warburton, +44 (0) 20 7818 3010
angela.warburton@janushenderson.com

Janus Henderson Investors Investor Enquiries

John Groneman, +44 (0) 20 7818 2106
john.groneman@janushenderson.com

Compuware zAdviser Delivers Actionable Analytic Insight to Continuously Improve Quality, Velocity and Efficiency on the Mainframe

Innovative Machine Learning Helps IT Leaders Pinpoint Opportunities to Boost DevOps Processes and Development Outcomes

  • Enterprises dependent on mainframe applications must aggressively improve DevOps quality, velocity and efficiency—even as responsibilities shift to less experienced internal teams and/or outsourcing partners.
  • Compuware is introducing zAdviser, a free product that leverages machine learning to help IT leaders make smarter data-driven decisions to drive continuous improvement of mainframe DevOps.
  • zAdviser identifies patterns that impact quality, velocity and efficiency as they pertain to mainframe development by analyzing a customer’s Compuware product usage data and DevOps key performance indicators (KPIs).
  • zAdviser is fueled by the ongoing collaboration between customers and Compuware, where customers contribute their relevant DevOps data and Compuware contributes their mainframe expertise and machine learning insights.

DETROIT, April 03, 2018 (GLOBE NEWSWIRE) — Compuware today announced zAdviser, an innovative product that uses machine learning to continuously measure and improve an organization’s mainframe DevOps processes and development outcomes. Based on key performance indicators (KPIs), zAdviser measures application quality, as well as development velocity and the efficiency of a development team—empowering enterprise IT leaders to make evidence-based decisions in support of their continuous improvement efforts. zAdviser is free for Compuware customers on current maintenance.

The KPIs were developed based on extensive research with customers and align with those published in the 2018 Forrester report, “Use Four Key Categories To Measure What Matters In Continuous Deployment.”

zAdviser leverages a set of analytic models that uncover correlations between mainframe developer behaviors and mainframe DevOps KPIs. These correlations represent the best available empirical evidence regarding the impact of process, training and tooling decisions on digital business outcomes. With this empirical evidence and associated recommendations, managers can make high-impact decisions about their mainframe DevOps methods with vastly improved speed and confidence.

Enterprises that outsource mainframe development can also reap significant value from zAdviser by using the analytical results to continuously achieve better business outcomes over time.

Improvements in mainframe DevOps is an imperative for large enterprises, which are becoming more dependent on mainframe applications—not less. According to a recent Forrester Consulting study commissioned by Compuware, 57 percent of enterprises with a mainframe run more than half of their business-critical workloads on the platform. That percentage is expected to increase to 64 percent by 2019, while at the same time enterprises are failing to replace the expert mainframe workforce they have lost by attrition.

According to the study, “As mainframe workload increases—driven by modern analytics, blockchain and more mobile activity hitting the platform—customer-obsessed companies should seek to modernize application delivery and remove roadblocks to innovation.”

The Forrester Consulting study also highlights the importance of responding to these challenges with empirical insight: “KPIs like mean lead time, number of epics per deployment, and metrics that drive automation will harness velocity and efficiency, even as the skills gap of the workforce expands.” The full study can be accessed here.

Compuware has been helping their customers qualify, quantify and increase the value derived from their Compuware products through its Value Improvement Program (VIP) for over 15 years. zAdviser is the next step in the evolution of the VIP and evidence-based mainframe process improvement, leveraging these years of experience helping enterprises modernize mainframe DevOps and improve mainframe staff performance.

zAdviser data inputs include both 1) metrics captured from Compuware tools, including behavioral data relating to feature utilization and 2) data captured from the customer’s DevOps toolchain.

By aggregating input from customer sites across industries and around the world, Compuware is building the industry’s richest repository of mainframe DevOps data—which combined with advanced machine learning methods generates unmatched insight for enterprise IT leaders.

“Our mainframe applications continue to play a critical role in delivering an excellent customer experience,” said Steve Kalkowski, Assistant Vice President, The Hartford. “A product like Compuware zAdviser will give us the advanced analytics we need to drive our efforts towards improving developer speed and quality as we transition to an agile delivery model.”

Compuware today also announced a new ThruPut Manager web interface that provides mainframe staff with visually intuitive insight into how batch jobs are being initiated and executed—as well as the impact of those jobs on mainframe software licensing costs.

“Enterprises cannot afford to be even slightly complacent about the speed and excellence with which they update and evolve the core business logic of their mainframe applications,” said Compuware CEO Chris O’Malley. “With zAdviser, Compuware is now offering a powerful, fact-based resource for IT leaders at the world’s largest corporations to lead their critical mainframe modernization efforts—and to thereby sustainably derive maximum business value from their investments in mainframe hardware, applications and talent.”

To learn more about zAdviser and get involved, visit us here.

Compuware Corporation
Compuware empowers the world’s largest companies to excel in the digital economy by fully leveraging their high-value mainframe investments. We do this by delivering highly innovative solutions that uniquely enable IT professionals with mainstream skills to manage mainframe applications, data, and platform operations. Learn more at compuware.com.

Follow us on:

Press Contact
Kristina LeBlanc, The Medialink Group, kristinawleblanc@gmail.com, (508) 930-5636
Mary McCarthy, Public Relations Manager, Compuware, mary.mccarthy@compuware.com, (313) 227-7088

For Sales and Marketing Information
Compuware Corporation, One Campus Martius, Detroit MI 48226, 800-266-7892, www.compuware.com.

Copyright © 2018, Compuware Corporation. All rights reserved. The Compuware products and services listed within this release are trademarks or registered trademarks of Compuware Corporation.

Compuware ThruPut Manager Empowers Next-Generation IT Staff to Optimize Mainframe Batch Execution

New Visually Intuitive Insight into Workload Scheduling Helps Enterprises Ensure Performance of Critical Back-End Systems While Controlling Costs

  • Enterprises must ensure that critical mainframe batch workloads 1) are completed on time, 2) stay within cost parameters and 3) don’t interfere with real-time processing that supports digital customer engagement.
  • Batch management can be jeopardized as mainframe responsibilities are transferred to a new generation of IT staff with far less platform experience, and as mainframe environments become increasingly complex.
  • ThruPut Manager and its new web interface address these core operational issues by providing IT staff with intuitive, actionable insight into how batch jobs are being initiated and executed, as well as their impact on cost.

DETROIT, April 03, 2018 (GLOBE NEWSWIRE) — Compuware today released a new ThruPut Manager web interface that provides mainframe staff with visually intuitive insight into how batch jobs are being initiated and executed—as well as the impact of those jobs on mainframe software licensing costs.

By implementing ThruPut Manager, enterprises can better safeguard performance of both batch and non-batch applications, while avoiding the significant adverse economic impact of preventable spikes in utilization as measured by Rolling 4-Hour Averages (R4HA), the metric upon which IBM bases its software licensing fees.

Additionally, with ThruPut Manager, enterprises can successfully transfer batch management responsibilities to a new generation of IT staff with far less hands-on platform experience—without exposing themselves to related risks such as missed batch execution deadlines, missed service level agreements and excess costs.

Safeguarding performance, controlling costs and smooth ownership transfers are more critical than ever given the growing importance of mainframe systems. According to a commissioned study conducted by Forrester Consulting on behalf of Compuware, 57 percent of enterprises with a mainframe run more than half of their business-critical workloads on the platform. And that percentage is expected to increase to 64 percent by 2019. The complete Forrester Opportunity Snapshot report, entitled “Modern Mainframe KPIs Are Key To A Successful Digital Strategy,” can be found here.

Batch processing on the mainframe remains critical for many core business functions, such as reconciliation of financial transactions and re-pricing of mutual funds. In many cases, these batch workloads must be completed within a tight time-window. So as the size of a batch workload increases—and as other processing activity consumes an enterprise’s finite platform resources—ops staff must take appropriate action. Those actions can include juggling the prioritization of jobs, assigning jobs to alternative LPARs and addressing data dependencies that may be holding up job initiation.

ThruPut Manager empowers IT staff to achieve these operational objectives by:

  • Making it easy to see whether batch jobs are meeting key service metrics—especially how quickly they start executing—and if not, what underlying issues are causing delays or non-initiation.
  • Graphically visualizing how it may be constraining less important workloads to minimize a R4HA peak.
  • Enabling operators to avoid unnecessary R4HA peaks by adaptively shifting workload priorities while still fulfilling business imperatives—rather than limiting them to inflexible “hard-capping.”
  • Empowering mainframe ops teams to configure automation rules for initiating batch jobs based on parameters such as business impact, completion windows and workload size.

ThruPut Manager also helps ops teams avoid having too many batch jobs execute at the same time, commonly referred to as “over-initiating,” which can cause them to compete for scarce CPU cycles—resulting in extended batch elapsed times and missed schedules, as can happen with IBM’s WLM-managed initiators.

“Managing the system utilization and the user’s expectations has been a real challenge for us,” said Christopher Prenatt, who is the Lead Performance Engineer at Verizon. “The new ThruPut Manager GUI will give us the ability to visualize our batch workload for the first time. We can quickly see how long jobs are sitting in the queue and, if there is a problem, rapidly drill down to what the root cause may be. This will be a great addition for our application teams and ultimately help us get maximum value out of our mainframe.”

“As mainframe workloads continue to increase, enterprise IT faces growing challenges in batch execution management,” said Rich Ptak of IT analyst firm Ptak Associates. “Compuware ThruPut Manager provides much needed clarity and insight to fine-tune batch execution for optimal value easing budget stresses—even as less-experienced staff take on more mainframe responsibilities.”

Compuware today also announced zAdviser, an innovative product that uses machine learning to continuously measure and improve an organization’s mainframe DevOps processes and development outcomes. zAdviser measures application quality, development velocity, and the efficiency of a development team—empowering enterprise IT leaders to make evidence-based decisions in support of their continuous improvement efforts.

Today’s announcements mark the 14th consecutive quarter that Compuware has announced significant innovation in the modernization and mainstreaming of the mainframe. This innovation is of vital importance to large enterprises that must get maximum business value from their mainframe environments—which are doing double-duty as both self-contained core systems of record, and as powerful back-end data and transaction processing systems for front-end customer-facing web and mobile applications.

“Enterprise CIOs have come to realize that high-cost, high-risk attempts to re-platform their supremely valuable mainframe applications make no sense. The less costly, less risky and higher return strategy is to simply adopt better technology for modernizing on platform and mainstreaming mainframe development, operations and security,” said Chris O’Malley, CEO of Compuware. “Compuware is redefining what mainframe modernization means and is committed to delivering what customers need to enable them to adopt the smarter strategy.”

Compuware Corporation
Compuware empowers the world’s largest companies to excel in the digital economy by fully leveraging their high-value mainframe investments. We do this by delivering highly innovative solutions that uniquely enable IT professionals with mainstream skills to manage mainframe applications, data, and platform operations. Learn more at compuware.com.

Follow us on:

Press Contact
Kristina LeBlanc, The Medialink Group, kristinawleblanc@gmail.com, (508) 930-5636
Mary McCarthy, Public Relations Manager, Compuware, mary.mccarthy@compuware.com, (313) 227-7088

For Sales and Marketing Information
Compuware Corporation, One Campus Martius, Detroit MI 48226, 800-266-7892, www.compuware.com.

Copyright © 2018, Compuware Corporation. All rights reserved. The Compuware products and services listed within this release are trademarks or registered trademarks of Compuware Corporation.

YPO Global Pulse Survey: Which Disruptive Technologies Command Attention and Investment of CEOs Globally, Now?

Survey of 10 disruptive technologies highlights those most likely to impact businesses and investments in the next 12 months

DALLAS, April 03, 2018 (GLOBE NEWSWIRE) — YPO, the premier chief executive leadership organization in the world, announced today the results of the March 2018 YPO Global Pulse Survey, revealing that chief executives across the world are focused on core business technologies, such as cloud computing, business intelligence (BI) and cybersecurity, whilst adoption and investment of emerging technologies such as blockchain, artificial intelligence (AI) and cryptocurrency are likely to be sector-driven.

Disruptive Technologies Attracting CEO Attention and Likely Investment Globally:

  • Cloud computing is a key priority for chief executives globally – more than two-thirds (68%) of chief executives report that cloud computing is likely to impact their business in the next 12 months, and 62% state that they are likely to invest in cloud-based technologies.
  • Business Intelligence (BI) has the attention of CEOs – 65% of chief executives surveyed expect BI to impact their organizations and more than half (56%) are likely to invest in business intelligence in the coming 12 months.
  • Cybersecurity is a disruptive technology that chief executives have prioritized given the scale and severity of recent high-profile consumer data breaches, 53% of chief executives are expecting cybersecurity to impact their business and 47% state that they are likely to invest in cybersecurity technology in the coming year.

“What I’m hearing from YPO global business leaders right now is that digital transformation remains at the very top of their priorities in 2018. Several disruptive technologies are expected to garner widespread attention and investment this year, such as cloud computing, cybersecurity, business intelligence and mobile payment applications,” said Scott Mordell, CEO of YPO. “YPO members are embracing technology to address regulatory requirements, harness business data for improved efficiency and increased financial performance, and to match consumer demand for new and innovative ways to interact with their businesses.”

Despite Expected Disruption, CEOs Less Likely to Invest in These Technologies in the Next Year:

  • Although virtual reality (VR)/Augmented Reality (AR) are widely noted as technologies likely to impact most industries, most CEOs surveyed are not actively investing in those technologies yet. However, within architecture and engineering sectors, 83% of business leaders expect VR to impact their business and 64% plan to invest in it over the next 12 months, as compared to only 23% of all chief executives surveyed willing to invest in these technologies now.
  • Similarly, artificial intelligence (AI) is perceived as likely to impact businesses, but CEOs are less likely to invest in AI this year as cloud computing, business intelligence, cybersecurity and digital/mobile payment applications, which are commanding more immediate attention and likely candidates for investment in the next 12 months.
  • CEOs are least familiar with chatbot technology, followed by blockchain and cryptocurrency among the 10 disruptive technologies surveyed. As a result, they tend to discount the likelihood of disruption to their businesses from these new emerging technologies and show much lower interest in investing in these technologies this year.

Disruptive Technology Investment Driven by Specific Industry Sectors

The levels of familiarity and interest in many disruptive technologies are determined by industry. For instance, although there has been much media attention and discussion around blockchain and cryptocurrency, most CEOs do not see either of those technologies as particularly likely to impact their businesses, and are not likely to invest in those technologies. However, blockchain has gained the attention and investment of CEOs in the financial services sector.

  • More than half (58%) of chief executives in financial services expect blockchain technology to impact their organization over the next 12 months, and as many as 40% expect to make investments in the technology.
  • The Internet of Things (IoT) is cited as a key technology area by business leaders within the telecom, architecture, engineering and technology sectors. More than three quarters (78%) of chief executives in telecoms expect IoT to impact their business and almost all of them (96%) expect to make investments in IoT over the next 12 months.

“The findings of the YPO Global Pulse reveal that the short-term business impact and investment strategy associated with a particular technology is largely dependent on the specific industry in which you operate,” noted Scott Mordell, CEO of YPO. “It will be fascinating to see how priorities and focus change over the next year as disruptive technologies such as AI and virtual reality become more mainstream.”

YPO Global Pulse® Survey

The YPO Global Pulse provides insight into the perspectives of chief executives around the world on topics that influence businesses, leadership and impact. The March 2018 Global Pulse survey results provide key insight into the understanding, attitudes and investment plans of chief executives around the world, regarding the 10 disruptive technologies that are attracting attention right now. The March 2018 YPO Global Pulse survey provides perspectives from 842 YPO members, from 15 different regions of the world and across 28 industry sectors. Visit www.ypo.org/globalpulse for more information about the survey methodology and results.

About YPO

The premier leadership organization of chief executives in the world.

YPO is the global platform for chief executives to engage, learn and grow. YPO members harness the knowledge, influence and trust of the world’s most influential and innovative business leaders to inspire business, personal, family and community impact.

Today, YPO empowers more than 25,000 members in more than 130 countries, diversified among industries and types of businesses. Altogether, YPO member-run companies employ more than 16 million people and generate USD6 trillion in annual revenues.

Leadership. Learning. Lifelong. For more information, visit‪ YPO.org.

Contact:
YPO
Linda Fisk
Office: +1 972 629 7305 (United States)
Mobile: +1 972 207 4298
press@ypo.org