THEIMPACTOFTECHONTHEWORKPLACE¥25Ttech.co
CONTENTSForeword02.How is technology affectingbusinesssecurity?Methodology03.Howis technologychangingtheenvironment we work in?31.Howis technologyhelping businessgrow?04.Looking ahead43Howistechnoladychandindiohroles?13
三IFOREWORDLastyear, we published thefirstTech.co annual report,shiningthe tech advancements that were aiding, and ailing,rossthe US. Of these, there'snodoubtthattheprovingthe mostdisruptivewasALthoverL000USbusineowelkadtaledandygchaofhowtechnobghg
METHODOLOGYWe surveyed1,036US-based seniorexeoutives (e.g. directorsdepartmentheads)and workplacemanagersofbusinesseswith10+employees, acrossarange ofindustries, to ensure that ourdata capturedtheexperiencesandperspectivesofindividualsholding keyle ad ership roles within e stablished organizationsGender:Organizationsize(employee number);61%49%51%35%26%20%20%17%12%2%7%
THECHAPTER1IMPACTOFTECHONTHEWORKHowistechnology helpingPLACEbusinesses grow?¥25
HOWSTECHNOLOGYHELPINGBUSINESSESGROW?In the lastyear, therelationshipbetweontechnologyand business has gone from strength to strength, with theoverwhelming majorityof businessleaders acknowledgingtheintegralrole it plays intheircompanies88%27%ImportanContinuous8%ofbus10%73%
TECHNOLOGYANDPRODUCTVTYGOHAND-IN-HANDBusinessleaders have grownto depend ontechnology,which continues toplay an essentialroleintheireverydayoperations.Infact, astaggering88% ofseniorleadersrecoghnizethe link betweentechnologyand productivity. This pointstoaI9/10seniohear-totalreliance on new systemsto streamlineprocessesboostoutput, and saveonthe bottomline.thewarldwide buzzheradded b
WHOSPUSHINGFORAIIMPLEMENTATIONANDWHY?41%pressurefrominvestors58%What'sstriking isthatthis valueboth in thpressurefromcompetitorsnotjust perceived as a credible me ansto boost ROl; staffalso appreciate its potential to improve work-life b;inotherwords. anessential businesstool.30%
HOWAREORGANZATIONSUSINGAKnforwritingtasks(17%Jand
20232024the A models canspinupwrite43%37%32%33%26%25%19%19%
WHATDOESBUSINESSESAISPENDINGLOOKLIKE?Ouranalysis reveals that Al spendinghas moved beyond mereexpermentation and towards strategic Investment. This Is supportedbythe factthat, on average,two-thirds ofbusinesses are spendingat least$10,000 on honing theirstrategies, withover 20%spendingbet1$50,000 and$100,000.32%32%11%12%6%8%
HOWAREBUSINESSESSAFEGUARDINCTHERINVESTMENTSAa lot ofriskinvolved in financing a relatively unknownsdoingto make suretheirintspay off? The successofan Al strategypartlyonboarding.In otherwords, whetheror not atrainingitsstafftogetthemostout ofthesetoolsfound thatjustoverhalf of businessesare
三IWHICHTOOLSARETHEMOSTPOPULARWith alot of activityin the Al space, the big question is-|AlChat] iswhichis the platform of choice amongbusinesses?an sweris, resoundingly, ChatGPT, with 74% ofleadersreporting that theircompanyusestheinfluentialgenerativeAlengine.2023202473%65%59%Werestillverymuchin thee48%36%21%10%11%9%8%
THECHAPTER2IMPACTOFTECHONTHEWORKHowis technologyPLACEchanging jobroles?'25
HOWISTECHNOLOGYAlreplacingsomerolesAlalsoredefines rolesCHANGINGJOB14Xof...