We met with 16 space executives to understand their top priorities and how they are preparing for and adapting to key trends shaping their organizations. This year, executives are prioritizing:
- Strengthening cybersecurity to protect space assets, mitigate threats and maintain client trust
- Innovating new products and services, such as LEO satellite constellations providing global broadband coverage and on-demand satellite data services
- Increasing efficiency and scalability through AI, automation and cloud solutions
33%cite having a holistic data strategy for the enterprise or extending across the ecosystem86%experiencing difficulties in recruiting IT talent92%cite medium-to-high legacy system challenges to implementing digitization strategy
- Data strategy improvements
100% cite automation, data management and governance as their top planned data strategy improvements over the next three years- Managed services
Selective and substantial use of managed services to rise over the next 3 years for applications (70%, +30pp) and infrastructure (78%, +11pp)- IT modernization
50% report IT modernization as their top digital investment to improve customer and internal operations over the next 3 years
vs. 62% in 2023
vs. 45% in 2023
vs. 77% industry average
1 |
Develop mature cybersecurity and digital transformation strategies to maximize resilience and accelerate innovation. |
2 |
Enable seamless data continuity across operations to improve decision-making and increase the quality and use of space-based data. |
3 |
Leverage sustainability and risk management technologies to assess and mitigate risks and minimize environmental impacts. |
4 |
Strengthen supply chain resilience and efficiency through data protection and key asset management. |
5 |
Pursue collaborative strategies to benefit from shared value, such as stronger and alternative partnerships. |
