Before we double-click on the current geo-political turbulence, let's turn some pages of a recent EY CEO Imperative Study. In here, we saw that the geopolitics of technology and data is a top risk that has been affecting companies across all sectors and geographies. Yet, technology company CEOs were seen discounting the materiality of geopolitics to their businesses. They were observed as the least likely to say geopolitical risk requires new or increased C-level attention to ensure their company's growth over the next five years and beyond. In fact, compared to CEOs in energy and manufacturing, tech CEOs seemed to be much less focused on the impact of geopolitics. Turned out that 63 per cent of Forbes Global 2000 chief executives have technology, digital innovation and digital transformation in the top rungs of their business-concern list. But they ranked geopolitics last as an area impacting their company - with only 28 per cent perceiving political risk management as a top business concern. In the EY 2022 CEO Outlook Survey, when asked about issues which are the most critical risks to their future growth strategy, 18 per cent pointed out increasing geopolitical tensions, trade conflicts, protectionism and sanctions.
"GEO-POLITICS IS BECOMING VOLATILE. INDIAN INDUSTRY PLAYERS SHOULD BE AWARE OF THE GEO-POLITICAL IMPLICATIONS OF THEIR ACTIONS. YOU CANNOT ISOLATE TECHNOLOGY FROM NATIONAL SECURITY. THE INDUSTRY SHOULD BE COGNIZANT OF THAT AND SHOULD RESPOND IN TIME.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
The Ripple Effect Of Recent Layoffs
The recent wave of layoffs across various industries has sent shockwaves through the global workforce. From tech giants to traditional corporations, companies have been forced to downsize in response to economic challenges, market shifts, and technological advancements. This article delves into the far-reaching implications of these layoffs, examining their impact on individuals, communities, and the broader economy, with a particular focus on how these trends are reshaping engineering education.
Bridging the Teacher Training Gap for Effective NEP Implementation
Bridging the teacher training gap is essential for effective NEP 2020 implementation, ensuring educators are equipped to foster the next generation's holistic development.
How Cloud Technology is Empowering Indian SMEs: Key Insights from Tata Teleservices and CyberMedia Research
India's booming economy and the robust digital infrastructure are fuelling a wave of innovation, with businesses of all sizes - from established enterprises to agile small and medium enterprises (SMEs) - embracing powerful new technologies. Underpinning this growth charge is Cloud - a critical foundation for India's ongoing digital T transformation journey.
Breaking Barriers: Gender Inclusivity and AI Bias
Shreya Krishnan, Managing Director of AnitaB.org India, shares insights on the progress and challenges of gender inclusivity in the Indian tech industry and the pervasive impact of bias in AI systems.
Harnessing AI for Gaming Innovation, Games24x7
As the global online gaming industry continues its rapid expansion, the AI in gaming market, valued at approximately $2.6 billion in 2022, is expected to grow at a CAGR of around 29.5% from 2023 to 2030 Artificial Intelligence is playing a pivotal role in shaping the future of this dynamic sector.
Aditi Jain Reveals the Blueprint for Future-Ready Engineers
Aditi Jain, HR Leader | Talent Management & Development at Visionet, discusses the importance of emerging technologies and industry-academia collaborations in preparing engineering graduates for the future.
Campus-Corns - The new Summa Cum Laude?
It's strange when an OEM starts to build its own brand of cars. They are just supposed to supply the crucial parts. So why this last-mile and long-tail jump? But then, don't they have the best grip in understanding the car? So why not?
Preparing Engineers for the Modern Workplace
In recent years, the landscape of engineering education has undergone a significant transformation. However, the rapid pace of technological advancements and shifting industry demands have exposed critical gaps in the skills and knowledge of recent engineering graduates. As these young professionals step into the workforce, they are often confronted with challenges that their academic training has not adequately prepared them for. To address these issues, industry experts and educators are calling for a comprehensive overhaul of engineering curricula, emphasizing the importance of real-world problem-solving, projectbased learning, and the integration of emerging technologies.
From Funnel Vision to Gun-Barrel Vision
Eyeing the Future of Tech Skills and shooting for the bull's eye-it's time engineering talent was sharpened with a close eye on what orbits are black and which ones are white in the future dartboard of opportunities and industry requirements. Maybe that's already happening.
Practical experience & adaptability to emerging tech the key
The 2024 DQ-CMR T-School Employability Index Survey presents an in-depth analysis of the evolving landscape of engineering education in India, particularly in terms of employability and industry-readiness. This survey, conducted across a diverse range of engineering institutions, sheds light on critical developments, trends, and challenges that are shaping the future of BE/BTech graduates in the Indian job market.