Articles

With spending on software and IT services expected to outpace the other categories again in 2023 by an even bigger margin, the Gartner IT spending data are reflecting this fundamental shift to the software economy. To read more, visit Forbes.

As exponential technologies emerge, integrate, and converge, the pace accelerates, the effects of compounding become steadily more unpredictable, and the risks mount even as perceived value escalates. These vectors have significant implications for board members,...

On October 14, GitLab, a ten-year old coding platform company with just 1,350 employees, went public at a valuation of $11 billion. This is further confirmation that the world is now increasingly software driven.  With all companies now having to act like software...

The Bureau of Economic Analysis announced on July 29, 2021 that real economic output of the US grew at an annual rate of 6.5% in the second quarter. Following on the heels of a strong first quarter, US GDP has exceeded its pre-pandemic levels in remarkably short...

In yet another sign that the world is software-driven, Prosus N.V., one of the world’s largest tech investment firms operating as the international Internet assets arm of South African multinational Naspers, announced on June 2 that it’s acquiring Stack Overflow, a...

Japanese industrial giant Hitachi Ltd. announced that it was acquiring GlobalLogic Inc., a privately held digital engineering services company based in Silicon Valley for $9.6 billion. The purchase price values the company’s shares at $8.5 billion, more than three...

Now that effective vaccines for COVID-19 are likely to be approved soon, how should CIOs prepare for a post-pandemic world? The timeline for widescale immunization and a return to a world without restrictions is highly uncertain. Still, there’s light at the end of the...

In the past 18 months, Volkswagen announced delays in the launch of two crucial models, first the eighth generation of its perennial bestseller, the VW Golf, and then its flagship electric car, the ID.3, both due to glitches in software. Herbert Diess, chairman of the...

When the pandemic hit hard in March, virtually all U.S. universities switched to online education in a matter of weeks. With no time to prepare, instructors delivered lectures via videoconference, just as they would have face-to-face. Unsurprisingly, results were...

As businesses struggle to adapt to an unprecedented set of challenges, CIOs and their C-suite counterparts are under pressure to develop new ways of doing business. The temptation will be to create ambitious blueprints and strategies. But, in many cases, the...

As a CIO today, you are confronting some daunting choices. A month ago, you were immersed in your digital transformation journey. You were investing in new digital capabilities such as machine learning. You were refining your data to make them available to...

In his 2016 Harvard Business Review article, Gurbaxani argued that every firm today competes on the software that drives its business. That doesn’t mean they must sell software. Instead, they must understand the competitive dynamics of software companies, and then...

The Center for Digital Transformation at the UCI Paul Merage School of Business has named Target Corporation, Aetna/CVS Health and Quad/Graphics, as the first, second and third place winners in its inaugural Digital Innovator Award program.The three companies were...

This post was written by Vijay Gurbaxani, Taco Bell professor of information systems and computer science and director of the Center for Digital Transformation. The backlash against technology — the techlash — has started. In the last year, society has grown more...

Too often, companies’ internal and external data exists in silos, making it impossible for them to take advantage of that data and gain a holistic view of customer interactions and operations. But what if there was a way to move all that data to the cloud so that...