In 2023, global economic challenges including recession, inflation, geopolitical instability, and talent shortages are anticipated. Organizations must plan for disruptive scenarios and align strategies to mitigate risks through cross-disciplinary approaches. Technology spending increases as digital transformation becomes essential. Automation rises, with 73% of firms undertaking major transformations. Embracing digital technologies like AI and RPA is crucial, yet many projects remain stalled. Cloud migration accelerates for agility and growth, with 23% aiming for full cloud adoption by 2025. Legacy systems hinder agility and competitiveness, necessitating replacement.

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