How
IT PROCUREMENT
How
an effective Procurement Strategy can deliver real business value
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( ML ) and robotic process automation ( RPA ), given the enormous benefits it can yield when done right . These technologies can help discover business insights that might otherwise not be possible due to the huge volumes of data they can analyse quickly . These are also increasingly being used to automate repetitive tasks , enabling more staff to be freed-up to focus on strategic , value-added work .” Adding to Harris ’ s comments , CIPS states that “ recent research highlighted that in the next five years businesses are looking at implementing autonomous vehicle technology ( 60 per cent ); robots ( 52 per cent ); augmented reality ( 47 per cent ) and 3D printing ( 44 per cent ) making this new digital business world very exciting .”
Finally , cybersecurity and risk . “ As more of our lives go online , and more business processes extend beyond the four walls of the organisation , there becomes a heightened level of IT risk . Organisations must do everything they can to protect and defend against cyber-attacks and data theft as this is not only extremely damaging to their brand reputation , but can also be very
FEBRUARY 2021