We met with 88 communications and media executives to understand their top priorities and the strategic choices they are making. This year, executives are focused on optimizing costs to fuel growth and their ongoing digital transformation. Key priorities include:

  • Simplification of business processes and IT systems
  • Automation and AI, including GenAI, to drive efficiencies
  • Focused investments and strategic partnerships
professionals hand shake

Cloud, data, and AI are core pillars to enable “doing more with less.”

+23pp
plan to migrate 21-80% of their application portfolio to the cloud in 2 years, advancing digital transformation
+15pp
are moving towards a more holistic data strategy, connecting the value chain and partners
60%
are exploring GenAI for faster development, process efficiency, and smarter customer engagement

 

  • Shift towards selective managed services
    36% of executives indicate plans for selective and strategic use of managed services over the next 3 years (+8pp vs. 2023), as IT talent shortages persist.
  • Opportunity for business-IT alignment
    Most executives cite remaining alignment gaps to close between IT and business operations, leading to a more unified business strategy.

 

Professional checking the stats

41% of executives say their organizations are generating expected results from their digitization strategies. These digital leaders share common attributes that enable them to accelerate outcomes compared to others. For example, in communications and media, digital leaders:

Gear icon

Overcome legacy challenges more effectively to implement digital strategies

+13pp

vs. others*

privacy icon

Have business models that are highly impacted by digitization

+11pp

vs. others*

computer icon

Have highly agile business models to address digitization

1.4X

vs. others*

* Those building and launching their digitization strategies

1

Drive a lean company that is cost optimized with AI-driven automation to compete today.

2

Go farther together with strategic partnerships in a collaborative-competitive ecosystem.

3

Build security into everything, as effective cybersecurity is now table stakes.

4

Align C-suite with lines of business, operations and IT to accelerate outcomes.

5

Free up experts to create B2B solutions with partners and monetize 5G.

Journalist with mike

 

 

At CGI, we help communications and media organizations advance their digital transformation and optimize operations to improve innovation. Learn more about:

 

Intelligent Automation  Cloud & IT modernization   Artificial intelligence   Cybersecurity  Digital Transformation