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Sixty-One Percent of CEOs Say Their Boards Are Rushing AI Transformation

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New Research from Boston Consulting Group Reveals Disconnect at the Top on AI Strategy and ExecutionThree-Quarters of Board Members Believe They Understand AI, but 35% of CEOs Say Boards Overestimate the Human Capabilities AI Can ReplaceMore Than Half of CEOs Say AI Hype Is Distorting Boardroom Judgment

BOSTON, May 4, 2026 /PRNewswire/ — Sixty-one percent of CEOs say their boards are rushing AI transformation, exposing a divide at the top just as companies enter a critical phase of scaling AI. While both groups agree on AI’s importance, they differ on how quickly it should be implemented and how ready organizations are to deliver results.

These findings are from the first edition of Split Decisions: The BCG CEOs and Boards Survey. The research is based on a global survey of 625 leaders, including 351 CEOs and 274 board members, from companies with at least $100 million in annual revenue, spanning both private and public sectors.

Boards tend to favor faster AI implementation, according to the survey, while CEOs take a more measured approach. Gaps in AI understanding and FOMO (fear of missing out) may be contributing to this dynamic. Board members with lower confidence in their AI knowledge are more likely to believe their organizations are moving too slowly, suggesting that uncertainty is translating into increased urgency.

Boards’ AI Confidence Faces CEO Skepticism

While 75% of board members believe their AI knowledge is on par with or ahead of that of their peers, CEOs are less convinced. Nearly 40% say boards lack an informed view of how AI is reshaping growth strategy, and one-third say boards overestimate the human capabilities that AI can replace. (See the exhibit.)

“I feel this tension so acutely between CEOs and boards,” said Julie Bedard, a BCG managing director and partner. “A powerful way for CEOs to bridge the gap between their AI knowledge and their boards’—especially if they feel there is a deficit there—is for the CEO to personally lead an AI upskilling session for their board to show them the latest AI tools and what they can do. CEOs can also bridge the gap by talking about AI in a much more differentiated way to clearly illustrate where AI can be a substitute for humans and where it can complement human work.”

AI Hype and Misaligned Expectations Shape Boardroom Dynamics

More than half of CEOs say boards need to better understand the gap between AI hype and reality, while boards want CEOs to do a better job of selling them on their AI strategy.

CEOs report feeling greater pressure to deliver AI results than boards may fully recognize. Chief executives estimate that 35% of their performance evaluation depends on achieving AI ROI, compared with boards’ estimate of 27%, suggesting a mismatch between perceived expectations and formal accountability.

AI Literacy Emerges as a Shared Priority

Despite some misalignment, CEOs and boards broadly agree on the need to raise AI fluency at the highest levels of leadership. Approximately 80% of both groups say that prospective board members should be required to demonstrate a measurable understanding of how AI can reshape their industry.

“CEOs need to be very intentional about supporting their boards on the same learning journey they’ve taken,” said Judith Wallenstein, a BCG managing director and senior partner and the global head of the firm’s CEO Advisory. “But at a much faster pace, with more focus, and in a way that builds real understanding rather than just surface-level awareness of how AI can create true competitive advantage for the company.”

Download the publication here:
https://www.bcg.com/publications/2026/ai-governance-gaps-where-ceos-and-boards-disagree

Media Contact:
Eric Gregoire
+1 617 850 3783
gregoire.eric@bcg.com

About Boston Consulting Group
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholders—empowering organizations to grow, build sustainable competitive advantage, and drive positive societal impact.

Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, fueled by the goal of helping our clients thrive and enabling them to make the world a better place.

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SOURCE Boston Consulting Group (BCG)

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Hexaware and Ashoka Innovators Partner to Support Social Entrepreneurs in India

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August 25, 2026

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Empowering two Ashoka Fellows with financial support, leadership training, and global exposure

MUMBAI, India, Aug. 25, 2026 /PRNewswire/ — Hexaware Technologies (NSE: HEXT), an AI-first digital and IT services company, today announced a Corporate Social Responsibility (CSR) partnership with Ashoka Innovators for the Public (India), a non-profit organization that supports leading social entrepreneurs addressing complex societal challenges.

Through the partnership, Hexaware will provide grant support to Ashoka for two social entrepreneurs selected through Ashoka’s Fellowship process in India. The fellowship stipends will allow selected Fellows to dedicate their time to developing and expanding sustainable solutions for long-term social change.

Ashoka identifies social entrepreneurs through a rigorous selection process that evaluates the originality of their ideas, entrepreneurial qualities, and potential to address systemic challenges. The Fellowship offers selected Fellows with leadership development, strategic guidance, peer-learning opportunities, and access to a global network of social entrepreneurs and collaborators.

“At Hexaware, we believe businesses have a role to play in contributing to society beyond technology and operations,” said Dr. Ramya Kannan, Vice President & Head – CSR, Hexaware. “Through our CSR initiatives, we support efforts that create opportunities and help strengthen communities. Our partnership with Ashoka allows us to stand behind social entrepreneurs who are working to build solutions that benefit people and society.”

Dr. Shruti Nair, Leader, Ashoka Innovators for the Public, India, said, “We are delighted to partner with Hexaware in supporting social entrepreneurs at pivotal moments in their journeys. The Ashoka Fellowship provides leaders with the freedom, network, and strategic support they need to scale their ideas and create lasting change. Along with these Ashoka Fellows, we hope to strengthen a new generation of changemakers working to build an ‘Everyone a Changemaker’ world.”

The collaboration brings together Hexaware’s commitment to responsible business practices and Ashoka’s experience in advancing social innovation.

About Hexaware

Hexaware is a global technology and business process services company. Every day, Hexawarians wake up with a singular purpose; to create smiles through great people and technology. With offices across the world, we empower enterprises worldwide to realize digital transformation at scale and speed by partnering with them to build, transform, run, and optimize their technology and business processes. Learn more about Hexaware at https://hexaware.com.

About Ashoka

Ashoka is one of the largest networks of social entrepreneurs, founded on the belief that the most powerful force for change is an idea in the hands of the right person. Through its Young Changemakers program, Ashoka nurtures a generation of youth who are solving social problems with empathy, creativity, and an entrepreneurial spirit.

 

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/hexaware-and-ashoka-innovators-partner-to-support-social-entrepreneurs-in-india-302859191.html

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Singapore Prepares to Host a Major Week for Offshore Energy as World Offshore Week 2026 Approaches

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August 25, 2026

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SINGAPORE, Aug. 25, 2026 /PRNewswire/ — In just over four weeks, World Offshore Week 2026, part of the FPSO Network, will bring the offshore oil, energy and marine industries together at Singapore EXPO on 23–24 September 2026.

Free to register for industry professionals, the event will welcome 3,000+ participants, 100+ exhibitors and 70+ speakers, with eight free-to-attend exhibition-floor theatres covering offshore oil and gas, marine, renewables, digitalisation and decarbonisation.

With capacity becoming increasingly limited, industry professionals are encouraged to secure their free visitor pass today.

Register for your free World Offshore Week visitor pass

Across two days, discussions will explore vessel demand, shipyard capacity, offshore wind, decommissioning, asset integrity, cybersecurity, AI and decarbonisation.

The programme includes organisations such as PETRONAS, Woodside Energy, Eni, Hibiscus Petroleum, PT PLN, Seatrium, Noble, Hafnia, Cyan Renewables, Cadeler and Wood Mackenzie.

Three Major Industry Events in Singapore

World Offshore Week will be co-located with the 27th Annual FPSO World Congress and Energy 2040, bringing senior energy decision-makers to Singapore EXPO.

The FPSO World Congress will feature leaders from Petrobras, BW Offshore, Yinson Production, SBM Offshore, Hanwha Offshore and PTTEP, including Philip Huizenga, CEO, Carnarvon Energy; Mike McAreavey, CTO, BW Offshore; Bai Li Guo, CEO, Hanwha Offshore; and Markus Wenker, CFO, Yinson Production.

Energy 2040 will convene government, energy, regulatory, utility and LNG leaders to examine Asia’s energy security, affordability and transition.

Joining the programme is Josephine Moh, Senior Vice President and Head of Energy & Renewables, Singapore Economic Development Board (EDB), alongside Peter Govindasamy, Executive Director, Energy Studies Institute; Eugene Toh, Chief Commercial Officer & Assistant Chief Executive (Energy Technologies), Energy Market Authority; Andy R. Elliott, President, ExxonMobil LNG Asia Pacific; and Leong Wei Hung, CEO, Singapore LNG Corporation.

Organisations represented include EDB, Energy Market Authority, Chevron, ExxonMobil LNG Asia Pacific, Singapore GasCo, Singapore LNG Corporation, Cheniere Energy and JERA.

Together, the three events will bring the offshore and energy value chain to Singapore this September.

Secure your free visitor pass today

Find out more about World Offshore Week 2026

About World Offshore Week

World Offshore Week is Asia’s leading platform for the offshore oil, energy and marine sectors, connecting operators, EPCs, shipowners and technology providers.

The 2026 edition features eight exhibition-floor theatres and is co-located with Energy 2040 and FPSO World Congress.

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SOURCE FPSO Network

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Hollyland to Unveil New Solutions for Live Production and Content Creation at IBC 2026

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45 minutes ago

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August 25, 2026

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Highlights

Hollyland to showcase new solutions for professional live production and content creation at IBC 2026 Booth 11.C28.Pyro 7 Ultra combines professional monitoring and wireless video transmission in one monitor.Argus X1 brings switching, recording, monitoring, and streaming into one live production system.Solidcom C1 Air and Solidcom SE 2 expand Hollyland’s wireless intercom lineup.New creator solutions include the LARK A2 and LARK M3 wireless microphones and the VenusLiv Air 2 streaming camera.

AMSTERDAM, Aug. 25, 2026 /PRNewswire/ — Hollyland, a global provider of professional wireless audio and video solutions, is set to introduce new solutions for professional live production and modern content creation at IBC 2026. From September 11 to 14, 2026, the company will showcase its expanded ecosystem at Booth 11.C28 in the RAI Amsterdam convention center, where visitors can explore its newest technologies and products scheduled for release later in 2026.

Expanding Live Production Portfolio

Hollyland continues to expand its product range with new solutions for professional production and content creation. At IBC 2026, the company will introduce new solutions for professional live production, designed to help production teams work more efficiently, reliably, and seamlessly in demanding environments. The new lineup includes the Pyro 7 Ultra professional wireless monitor, Argus X1 all-in-one live production switcher, and Solidcom C1 Air and Solidcom SE 2 intercom systems.

The Pyro 7 Ultra, launching on September 3, brings professional monitoring and wireless video transmission together in one 7-inch monitor. Professional productions have traditionally relied on separate wireless transmission systems and standalone field monitors, with additional cables between devices and separate power sources for each device. The Pyro 7 Ultra can serve as an on-camera monitor and transmitter, or as a handheld monitor and receiver for mobile viewing. Its QD-LCD display delivers exceptional color accuracy, with each unit factory-calibrated via Calman® to achieve a ΔE <1.5. Users can also recalibrate the display with the Hollyland Color Calibrator to maintain color accuracy over time. The system also offers 20ms latency, 1km transmission, unlimited receivers, 4K60 video transmission, and TWiFi technology.

Also debuting is Argus X1, an all‑in‑one live production switcher slated for release in December. Argus X1 consolidates switching, monitoring, recording, streaming, and content delivery into a single device. A 10.1‑inch FHD touchscreen provides intuitive control, while 4K60 video I/O and support for three Hollyland wireless transmitters expand its flexibility across multi‑camera workflows. Built‑in streaming, ISO recording, MultiView, and connectivity options including Wi‑Fi 6, 4G, and Gigabit Ethernet make Argus X1 a central hub within the Hollyland production ecosystem.

Two new intercom systems will also be introduced during the event. Solidcom C1 Air features an open‑ear design, a 42g headset, 300m wireless range, and dual‑microphone ENC for clean dialogue. Solidcom SE 2 adds intelligent frequency hopping, a 123g build, 20 dB ENC, 3.5mm audio I/O, and up to 10 hours of runtime, delivering stable performance for field and studio teams.

Empowering Modern Content Creation

Hollyland is also expanding its creator‑focused audio lineup with several new tools designed for modern podcasting and production. LARK A2, arriving in early September, offers 48 kHz/24‑bit recording, three‑level AI noise cancellation, a 200m range, and an 8.5g transmitter. Quick charging, AI power saving, intuitive controls, and a –6 dB safety track support dependable on‑the‑go capture.

Launching on September 22, the LARK M3 introduces flexible multi‑person recording with support for four transmitters and four receivers. It provides four‑track independent recording, 48 kHz/32‑bit float audio, vocal presets, 300m transmission and up to eight hours of use on a single charge. The LARK M3 is well suited for podcasts, interviews, video conversations, and multi-person content creation.

Rounding out the lineup, the VenusLiv Air 2 will arrive in November with 4K60 UVC streaming and SAR AI Tuning 2.0, while maintaining the core performance of the VenusLiv Air.

During IBC 2026, Hollyland will host Roll & Win giveaways from September 11–14. Visitors can participate for a chance to win Hollyland’s products and other prizes. On September 11, the company will unveil its new products, followed by an anniversary celebration that evening. Meanwhile, all showcased solutions will be available for hands‑on experience at Booth 11.C28 throughout the exhibition.

About Hollyland

Hollyland is a leading provider of wireless products, specializing in wireless intercom systems, video transmission systems, monitors, wireless microphones, and live streaming cameras. Since 2013, Hollyland has been serving millions of users around the world in various fields, including filmmaking, telecasting, video production, live events, exhibitions, theaters, houses of worship, and content creation. It has built a sales network covering approximately 160 countries and regions, supported by regional teams and offices worldwide. For more information, please visit https://www.hollyland.com/, Hollyland Facebook, and Hollyland Instagram.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hollyland-to-unveil-new-solutions-for-live-production-and-content-creation-at-ibc-2026-302857874.html

SOURCE Hollyland

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