Software, IT Services Growth Expected to Boost IT Spend in 2025
In a new report from Gartner, worldwide IT spending is forecasted to grow by 9.3 percent in 2025, to $5.72 trillion, compared to spending in 2024. Spending on software and IT services is expected to drive this growth, along with spending on generative AI. “Current spending on generative AI (GenAI) has been predominantly from technology companies building […]
Streamline Your Business Operations with A Single Platform for Work Management
A key to being successful as a business or organization often hinges on the ability of the business to be agile and competitive. IT Service Management (ITSM), Project Portfolio Management (PPM), Integration Platform as a Service (iPaaS) and conversational AI are four essential components of work management that can help organizations achieve this agility. Let’s […]
ITSM Reviews – Shopping for an IT Service Management Software Solution
If you’re shopping for IT Service Management (ITSM) software, you’ve likely checked out most, if not all, of the review platforms – from G2 to Gartner to SoftwareReviews, there’s no shortage of ITSM tool reviews and insights. And each review site has its own quadrant or ranking system – further adding to the confusion around which tool is best in […]
Advice for CIOs Navigating the Challenges of Digital Transformation
CIOs often face numerous challenges while undergoing digital transformation within their organizations. According to Gartner, digital transformation refers to anything from IT modernization to digital optimization, to the invention of new digital business models. For many, digital transformation refers to the integration of digital technology into all areas of a business or organization, resulting in fundamental […]
People, Processes, Technology the Keys to Digital Transformation Success in Financial Services
In a recent survey conducted by TeamDynamix in partnership with InformationWeek, 45 percent of financial services companies say they struggle with moderately low to very low ITSM maturity. In addition, 43 percent of those surveyed said their top challenge in ITSM is excessive manual processing or insufficient automation. In fact, 60 percent of respondents said […]
Conversational AI Chat vs. Traditional Chatbot for ITSM
Did you know that 76 percent of chatbot users report frustration with their current chatbot? With that kind of number, it’s not surprising that many companies are hesitant to invest in chatbots as part of an IT Service Management (ITSM) strategy. However, that same study from TeamDynamix and CIO.com found that when conversational AI chatbots […]
Conversational AI Chat: A Game Changer for Self-Service Portals
Conversational AI chatbots are redefining the way businesses operate. But what exactly is a conversational AI chatbot? Unlike traditional chat methods that rely on pre-set responses, conversational AI chatbots utilize natural language processing and understand intent. While they do need to be trained, with conversational AI you can facilitate more complex conversations and resolve issues […]
Enterprise Service Management Guide: Tips for ESM Success
Enterprise Service Management (ESM) software allows organizations to deploy a single platform to manage all transactional requests for service or information across multiple departments – not just IT. Its genesis is with ITSM – IT Service Management software. For decades, the IT team has leveraged ITSM software to manage the hundreds or thousands of service requests they […]
How to Find A Good PPM Tool
As IT leaders and PMOs, project management is a part of everyday life. The flagship projects are the ones that most people within an organization tend to hear about – the ones that are led by IT and managed through a project management office (PMO). They use formal approaches like Agile or Waterfall and are […]
Can Conversational AI Improve IT Service Management?
A growing trend in service management and delivery is the integration of chatbot functionality into an organization’s existing IT Service Management (ITSM) platform. By implanting a chat tool with your ITSM software, you can supercharge your self-service capabilities. It’s important to note, that traditional chatbots don’t fare as well as those built on conversational AI. […]