Over the last 18 months, the industry adapted noticeably because of market demands. These changes reflects the importance of staying competitive in a fast-changing market environment.

An important finding comes from recent research: what thrived yesterday rarely succeeds now or ahead.

Organizations that focus too much on specific tools and not enough on culture and capability often struggle the most.

What industry analysts failed to anticipate is the speed of change. Beginning with initial implementations, we've witnessed rapid growth in the broader market.

Key Takeaways

• New regulations are transforming the manner in which organizations approach operations.
• The sophistication of advanced technologies requires different expertise across technology organizations.
• Prioritization of skill development is likely to prove more important than adopting the latest platforms.