ThoughtLab News
ESI ThoughtLab study of 1,200 organizations reveals that generating ROI on AI is still a work in progress that requires a focus on strategic change September 15, 2020 (Philadelphia, PA) – Two-thirds of senior executives across industries—and nearly nine out of ten leaders from the world’s largest enterprises—believe that artificial intelligence (AI) is vitally important […]
August 19, 2020 (Philadelphia, PA) – ESI ThoughtLab, a leading thought leadership and economic consultancy, is delighted to announce the promotion of Dr. Daniel Miles to the role of Chief Operating Officer (COO). Dr. Miles was formerly the Chief Economist for ESI ThoughtLab, a position he has held since the firm was created as a joint venture with […]
Cybersecurity is constantly developing and evolving to new threats and increasingly sophisticated hacks and hackers, with the next decade set to present a host of new challenges. On average, companies spent $9.6m on cybersecurity last year. That ranged from $0.6m for those with less than $1b in revenue to a whopping $29.2m for firms with […]
Evidence-based research from ESI ThoughtLab will offer executives the strategic insights and performance metrics needed to create data-enabled enterprises for the Fourth Industrial Revolution March 10, 2020 (Philadelphia, PA) – ESI ThoughtLab, a leading economic research firm, today announced Driving ROI Through AI, an in-depth research program that will provide executives with an evidence-based roadmap for transforming their companies into high-performance enterprises powered by artificial intelligence (AI). While some ROI analysis on AI exists, it is generally anecdotal and fails to present the variations […]
November 20, 2019 (Philadelphia, PA) – Today, ESI ThoughtLab announced the key findings from its Building a Hyperconnected City program, a year-long global study of 100 cities using technology to improve, connect, and secure all areas of their ecosystem. The study, supported by a coalition of industry leaders, shows how cities can go beyond current […]
Improved public safety, health, business productivity, and economic growth are just some of the benefits October 1, 2019 (Philadelphia, PA) – Today, ESI ThoughtLab unveiled preliminary findings from its 2019 Smart City Research Initiative, Building a Hyperconnected City. The study of 100 worldwide metro centers found that most cities are seeing major economic, financial, and social benefits from their investments in smart technologies, but also greater cyber–risks, if digital innovation is not managed properly. According to the study, 38% of […]
Budgets will increase by 34% next year, according to a global survey conducted by ESI ThoughtLab and WSJ Pro Cybersecurity. Companies worldwide expect to boost their cybersecurity investments by 34% in the next fiscal year, after raising them by 17% the previous year, according to a just-released study covering 467 firms across industries and based […]
For most companies, analyzing the economics of cybersecurity is elusive—and as many have told us, more of an art than a science. According to our Cybersecurity Imperative study of 1,300 worldwide executives last year, only 29% felt that their cybersecurity metrics were well understood by senior management and the board. About three-quarters were taking active steps to improve these metrics. One stumbling block is that companies often do not measure the full costs of a […]
Study will define cost-benefits of smart-city investments and provide city and business leaders with an evidence-based guide for future sustainable growth May 6, 2019 (Philadelphia, PA) – ESI ThoughtLab announced today the launch of its 2019 Smart City Research Initiative, Building a Hyperconnected City: Business models, use cases, and benchmarks behind high performance. Given the […]
Over five years, smart cities can raise GDP per capita by 21% and population growth by 13% November 13, 2018 (Philadelphia, PA) – ESI ThoughtLab today released key findings from a worldwide benchmarking study of 136 cities that found that smart city investments trigger a robust cycle of economic growth by unlocking savings and attracting […]