The World Economic Forum's Four Themes Seek To Rebuild Trust
The 54th annual convening at Davos brings 2700 delegates from over 130 countries to officially attend the World Economic Forum’s event. Meanwhile, an additional 5000 individuals join events around Davos in a series of programing known as UnDavos. This year’s official Davos proceedings center on four main themes:
Two Year IPO Drought Coming To An End
In 2023, only 148 companies completed an initial public offering (IPO). This was the worst year on record and followed a 15% decline from the number of IPO's in 2022, another disappointing year. In 2023, ARM was the sole blockbuster tech IPO.
After a brutal two years with a paucity of tech IPOs, the market is poised for a resurgence in 2024.
AI and biology have the potential to greatly benefit humanity in several ways. Here are some key illustrative opportunities to consider:
Sam Altman just faced his Steve Jobs moment when the OpenAI board fired him on Friday.
The balance between too much governance and not enough innovation was the challenge OpenAI faced. This was a very immature board with members who had never built companies, never moved from ideology to commercialization, nor had any pragmatic board experience.
\With artificial intelligence (AI) projects all the rage, organizations must make a strategic determination to create a new CxO role at least at a functional level if not at a title level.. This decision should not be made lightly, however. Although the chief AI officer (CAIO) role is critical to an organization’s success, the level of collaboration across business, IT, finance and operations, HR, and legal risk and compliance requires an unprecedented level of cooperation and orchestration. Boards will also want to consider AI at the same level as CyberSecurity.
Big Brains In AI Discuss The Risks of Generative AI At Reinvent Futures Event
On July 27th, 2023, almost 300 people gathered at Shack15 in the Ferry building in San Francisco to discuss the actual risks of Generative AI. The event hosted by Reinvent Futures with Peter Leyden and Joe Boggio brought together the biggest minds on AI for an evening of deep discussion.
Every Enterprise and Brand Is Focused On Revenue Growth While Trying To Achieve Operational Efficiency
There has never been a greater focus on revenue, however, Chief Revenue Officers (CROs) face a dual mandate. On one hand, they must continue to find growth and revenue, on the other hand, leaders must balance operational efficiency and reduced budgets. Constellation's recent CXO Business Confidence Survey highlights how all CXO's face this dual mandate over the next 18 to 24 months.
Three Factors Drive Growth In MATANA Stocks
1. AI Powers Valuation Growth, But Earnings Growth Keeps Momentum Going, 2. Ads Are Back For The Remaining Digital Giants, 3. Cloudy Times Ahead (For Now).
The €5.2 Billion Tech Company Most CXO's Have Never Heard Of
On June 12th to 15th, Hexagon, AB held their user conference at the Caesar's Forum in Las Vegas Nevada. The event showcased how Hexagon has built a foundation for bringing the real world to the digital world using reality capture, positioning, autonomous technologies,design and simulation, and location intelligence.
Temporary Slow Down Ahead
All indications from Constellation's 1000 person executive network show a temporary 3 to 6 month slowdown ahead. This pause in general IT spending impacts mostly the North American markets.
The Q1 Tech Earnings Breathe Life Among The Digital Giants. With just Apple left to report in the tech earnings season, three major trends have emerged
