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CXOInsights by CXOCIETY

CXOCIETY | FutureCIO FutureCFO FutureIoT

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CXOCIETY (read "society") is the platform for senior business, technology, finance and operations executives to discuss, share and discover the latest in technology, process and people innovation."CXOInsights" by CXOCIETY is the repository of shared insights and experiences by the best, brightest and most experienced professionals globally. Subscribe to "CXOInsights" by CXOCIETY to keep abreast in the latest in all things innovation.
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In 2024, FutureCISO dialogues with C-suite leaders including CISOs and cybersecurity practices highlight key trends in the region including AI-driven threats, increased board-level engagement, and a focus on compliance and data privacy. In 2025, Southeast Asia's cybersecurity landscape demands that CISOs and CIOs consider integrating cybersecurity …
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The convergence of AI adoption and escalating cyber threats demands a paradigm shift in how organisations protect data and build trust. As AI accelerates attack sophistication—enabling automated phishing, synthetic identity fraud, and adversarial machine learning—businesses face dual challenges: hardening defences against AI-powered threats while e…
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In 2025, Environmental, Social, and Governance (ESG) considerations are crucial for operational leaders in Asia, as businesses face increasing pressure from regulators and investors alike. According to a recent McKinsey report, companies prioritizing ESG practices are projected to outperform their peers by 20% in the next decade. Governments across…
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On World Backup Day 2025, the importance of robust data backup strategies for organizations in Asia becomes increasingly evident as businesses face a surge in cyber threats and data loss incidents. It is tasked not only in implementing advanced backup solutions but also in fostering a culture of data resilience within their organizations. By priori…
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Chief Digital Officers (CDOs) play a pivotal role in guiding organizations through digital transformation, aligning technology with business strategies to enhance competitiveness. As companies increasingly recognize the importance of digital leadership, women are making significant strides in CDO positions. Recent data indicates that women now repr…
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International Women's Day (IWD) is a global event aiming to recognise women's achievements, raise awareness about gender equality and promote women's empowerment. It serves as a crucial platform for activism, highlighting enduring gender disparities and advocating for equality. In what is now a tradition at Cxociety, we begin this year’s series wit…
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In 2025, AI and quantum computing are transforming Asia's cybersecurity landscape, reshaping threats and roles. AI enhances defence capabilities but also fuels sophisticated attacks. Quantum computing threatens current encryption methods, necessitating a shift to quantum-safe algorithms. CISOs will do well to prioritize AI and quantum literacy to n…
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In 2025, the landscape of technology adoption is transforming rapidly, with AI and automation at the forefront of this evolution. As organizations strive for greater efficiency and innovation, the roles under the Chief Information Officer (CIO) have become pivotal in navigating this shift. The AI market is evolving toward monetization and widesprea…
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Imperatives for transformation tend to circle around modernising processes and systems to enable for more agile operations able to adjust to the increasingly unpredictable nature of day-to-day whether we mean unplanned downturns or new opportunities that at times seem to come out of nowhere. With market volatility, digital disruption and regulatory…
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The future of finance is set for transformative changes driven by technological advancements and evolving market needs. By 2025, finance professionals can expect increased automation, enhanced data analytics, and greater emphasis on sustainability and governance. These trends will significantly impact how CFOs, accountants, and controllers operate …
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In 2025, Agentic AI is poised to transform the business landscape across Asia, driving unprecedented innovation and efficiency. As organizations increasingly adopt AI technologies that mimic human-like decision-making, the focus will shift from basic automation to the establishment of agentic capabilities. Companies will harness AI to optimize oper…
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A chatbot is an Artificial Intelligence program that chats with you. The 1960s saw the first chatbot. It was called ELIZA and was developed by MIT professor Joseph Weizenbaum. Six decades later, we have ChatGPT, Google Gemini and Microsoft Copilot joining the likes of Alexa and Siri. While chatbots use pattern matching and natural language processi…
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In 2025, the integration of AI into the finance function in Asia has the potential to reshape operational frameworks and decision-making processes. Current industry research suggests that AI technologies are gaining traction among finance professionals navigating a complex landscape marked by rapid change. At FutureCFO, we will likely see finance p…
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As Asia's enterprises prepare for the dynamic landscape of 2025, workforce modernisation emerges as a critical priority. The rapid evolution of technology, shifting employee expectations, and the need for agility demand that functional leaders—especially CHROs and COOs—reassess their strategies. By addressing key questions about workplace evolution…
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As organizations in Asia prepare for 2025, the landscape of work is undergoing significant transformation. According to Gartner's 2025 HR Priorities Survey, a staggering 87% of HR leaders agree that shifting business needs necessitate continuous transformation within their organizations. This imperative extends beyond HR, influencing all functional…
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In 2025, the role of the Chief Financial Officer (CFO) in Asia will continue to evolve from traditional financial stewardship to a strategic leadership position. As businesses face rapid digital transformation and economic fluctuations, CFOs are expected to integrate advanced technologies like AI and big data analytics into financial decision-makin…
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With its unprecedented speeds, lower latency, and ability to support a greater number of simultaneous connections, WiFi7 may well be the answer to Asia’s rapid urbanization and the increasing adoption of IoT devices, offering businesses the capacity to support seamless operations and improve collaboration across various sectors. CIOs and heads of i…
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Financial transformation has emerged as a critical imperative for organizations in 2024, driven by the need to adapt to rapidly changing economic conditions, technological advancements, and evolving business landscapes. Coming into 2025, as CFOs face pressure to do more with less while driving growth and maintaining compliance, they are turning to …
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Contrary to their predictive decline in value, a 2024 Forrester report noted that among global infrastructure hardware decision-makers, 61% said that their firm uses a mainframe. Of those that use mainframes, 54% indicated that their organisation would increase its use of a mainframe over the next two years”. With 71% of Fortune 500 companies still…
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As we move deeper into the digital age, the significance of cybersecurity cannot be overstated, particularly in Asia, a continent characterized by its diverse cultures and rapidly evolving economies. By 2025, fostering community cybersecurity readiness will be crucial for several reasons, including protecting economic stability, safeguarding cultur…
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Gartner defines privileged access management (PAM) as tools that provide an elevated level of technical access through the management and protection of accounts, credentials and commands used to administer or configure systems and applications. Available as software, SaaS or hardware appliances, PAM tools manage privileged access for both people (s…
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As Cybersecurity Awareness Month 2024 unfolds, it is critical for organizations, especially in Asia, to emphasize the tangible business value of cybersecurity investments. With cyber threats becoming increasingly sophisticated and pervasive, cybersecurity is no longer just an IT issue; it is a fundamental aspect of business resilience and growth. D…
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Cybersecurity resilience refers to an organization's ability to prepare for, respond to, and recover from cyber incidents while continuing to operate effectively. This resilience is not merely about having robust security measures in place; it also involves fostering a culture of security awareness and agility within the organization. As businesses…
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In today's digital landscape, fostering a security-aware culture is paramount for organizations in Asia. CIOs and CISOs play a crucial role in embedding cybersecurity into the organizational ethos. This involves not only implementing robust security measures but also promoting continuous education and awareness among employees. By cultivating an en…
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As we enter a new era defined by rapid advancements in generative AI, the landscape of cybersecurity is evolving at an unprecedented pace. These powerful tools, capable of creating content and automating tasks, present both opportunities and significant risks for organizations across Asia. With the potential for misuse in generating deepfakes, phis…
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CIOs face the challenge of balancing transparency with the competitive edge of proprietary AI models. This requires a strategic approach to communicate AI practices without compromising sensitive algorithms. As global AI regulations evolve, especially in Asia, CIOs must adopt flexible compliance strategies and foster a culture of adherence to both …
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As one of the most populous and rapidly developing nations, Indonesia faces unique sustainability challenges, from managing its natural resources to addressing social inequalities. Environmental, social, and governance (ESG) principles have become integral to the country's long-term growth and development strategy, as businesses and policymakers re…
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The Gartner Hype Cycle for Emerging Technologies 2024 highlights four dynamic areas: autonomous AI, developer productivity, total experience, and human-centric security and privacy programs, encompassing 25 groundbreaking technologies. While some of these innovations are still in their infancy, often lacking proven use cases and the expertise to im…
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The National Institute for Standards and Technologies defines cyber resiliency as the ability to anticipate, withstand, recover from, and adapt to adverse conditions, stresses, attacks, or compromises on systems that use or are enabled by cyber resources. According to the Veeam Ransomware Trends 2024, APJ edition, leaders in the region are increasi…
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When speed is of the essence, budgets are limited, resources are strained, and the risks for failure are high, the collaboration between CFOs and CIOs may spell the difference between growth and profitability, or the end of the road for the company. As organizations navigate digital transformation and rely heavily on data for decision-making, the p…
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As the role of the Chief Financial Officer (CFO) continues to evolve, the need for a strategic approach to talent management has become increasingly crucial. In today's rapidly changing business landscape, finance leaders must focus on financial performance and ensure their teams are equipped with the skills and mindset to navigate future challenge…
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The convergence of AI and ERP offers the potential to overcome traditional barriers to efficiency and accuracy in financial management, enabling Asian companies to compete more effectively on a global scale. AI-powered ERP systems can help address regional challenges such as complex regulatory environments, diverse currencies, and rapidly changing …
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McKinsey says artificial intelligence (AI) adoption (globally) increased dramatically in 2024 after years of little meaningful change. Marketsandmarkets forecasts the AI market to reach US$407 billion by 2027, experiencing substantial growth from its estimated US$86.9 billion revenue in 2022. A Forbes Advisory survey reveals that 64% of businesses …
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IDC predicts by 2025, the cloud will surpass on-premises infrastructure as the primary location where operational data is stored, managed, and analysed for 65% of A2000 organisations. The rapid growth of data and the increasing complexity of managing it in the age of AI and hybrid cloud environments present significant challenges for organisations.…
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Zero trust adoption in Asia has been gaining momentum, albeit with varying levels of progress across the region. While 76% of global organisations have begun implementing zero trust strategies, with 35% claiming full implementation, the Asia Pacific region shows a disparity in adoption rates. Organisations are motivated to adopt zero trust primaril…
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The rapid advancement of Generative Artificial Intelligence (GenAI) has ushered in a new era of technological innovation, offering unprecedented capabilities in content creation, problem-solving, and dare we say decision-making. However, this transformative technology also presents complex ethical challenges that must be navigated with utmost care …
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Gartner discourse with finance leaders reveal that these very same leaders see a future for finance that is digital, scalable and data-rich. At FutureCFO conferences around Asia, a common thread keeps coming up in discussions about digital transformation, delivering value and becoming partners to the business – the importance of upskilling finance …
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The proliferation of synthetic identities, which are fabricated identities created by combining real and fictitious personal information, has fuelled a surge in fraud across various industries. These synthetic identities are often used to open fraudulent accounts, obtain credit or loans, and engage in other illicit activities. The rise of artificia…
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For years, we’ve been told that consumer behaviour is changing and that businesses must adopt or go out of business. PwC says the pandemic accelerated workforce transformation even as digital adoption became one of the central tenets of our lives. Fast forward to 2024, we see a workforce that demands empowerment from their employers. Talent has rea…
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The Singapore Parliament passed the Cybersecurity (Amendment) Bill (the Bill) on 7 May 2024, amending the Cybersecurity Act 2018 (the Act). The Act is Singapore’s legal framework for the supervision and maintenance of national cybersecurity by the Cyber Security Agency of Singapore (CSA), setting out measures to prevent, manage and respond to cyber…
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Gartner predicts more than 70% of government agencies will use AI to enhance human administrative decision making by 2026. Machine learning, analytics and generative AI will mature over the next two years and combine into a suite of tools that will support improved government service delivery. Gartner VP analyst Todd Kimbriel says government CIOs m…
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Despite early apprehensions about an economic recovery in 2024, we continue to see continued investments in digital transformation initiatives by the financial services sector in Asia. We continue to see digital services rising on the back of maturing understanding and adoption of technologies like analytics, cloud and mobility. Targeted outcomes c…
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The CIMA Foundation says “disaster don’t discriminate, but people do”. The journey to gender parity remains obstructed by a myriad of factors including culture, bias, misconceptions and attitudes. But if the Paris 2024 Olympics is any indication of the possibility, we may have hope that someday, there will be parity between the genders across the f…
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The accelerated digitalisation of business processes arising from the pandemic of 2020-2022 has proven that humans are resilient, responsive and creative when the situation calls for it. In ASEAN, 8 out of 10 members are in some stage of implementing a national ID program. How will these developments, on top of developments around identity security…
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A Gartner 2023 Gartner CIO and Technology Executive Survey revealed that even before ChatGPT, one-third of CIOs say their organization had already deployed artificial intelligence (AI) technologies, and 15% more believe they will deploy AI within the next year. Recognising the high expectations CEOs and business unit leaders have on AI puts a heavi…
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The Internet of Things remains a top priority. Market research firm IoT Analytics says IoT remains a top-three corporate technology priority even AI has taken over as the top technology priority. In surveys from PWC, KPMG, and BCG, respondents ranked IoT second or third after AI in terms of investment prioritization for emerging technologies, with …
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PodChats for FutureCIO: Fast tracking the people side of doing business in Asia Finding and retaining talent poses significant challenges and opportunities in Asia and around the world. One of the main challenges is the increasing competition for skilled professionals in the global job market. As economies grow and industries evolve, the demand for…
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In Asia, the importance of inclusion in enhancing customer experience cannot be overstated. With its diverse population comprising various ethnicities, cultures, languages, and traditions, creating an inclusive environment is crucial for businesses to effectively cater to their customers' needs and preferences. By embracing diversity and fostering …
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KPMG asserts that with all the focus around modernization and/or transformation over the last few years, there is growing recognition that perhaps employees are feeling exhausted. They’re facing one modernizing initiative after another—or multiple initiatives simultaneously—often with competing timelines and priorities. This is known as digital tra…
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IDC predicts that in 2024, 50% of APAC cities and states will pilot GenAI to improve efficacy in community outreach and customer service, procurement, staff recruitment and training, and software development. The latest IDC FutureScape report predicts that AI and automation technologies will remain central to tech investment initiatives. According …
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