Intelligent CXO Issue 40 | Page 7

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Over half of CEOs say their business is falling behind in diversity

Over half ( 52 %) of CEOs feel their organisation is falling behind when it comes to diversity in their workforce with 37 % of chief HR officers agreeing , according to research from The IN Group .

To rectify this , 76 % of executives confirmed they have a diversity and inclusion strategy in place in their approach to hiring technology talent into the business , the research revealed .
However , 38 % of companies believe that they are falling behind as a whole for diversity , particularly in the United States , where 48 % of companies acknowledge this issue .
This issue of diversity is particularly reflected within technology teams , with a further 38 % saying they were falling behind .
According to a report from the BCS , it will take 283 years before women make up an equal share of the tech workforce , assuming the current trends continue without intervention .
Alongside diversity , other top priorities on the boardroom agenda include sustainability , cyber and AI with many companies realigning their strategies in response to these concerns .
Encouragingly , 73 % of executives feel their organisations prioritise sustainability as a key factor of their technology strategy , with many looking to reduce carbon emissions to lessen their impact on the environment .
Rich Lewis Jones , CEO , Sigma Labs , said : “ It ’ s not just about traditional ways to bring people into a business – top performing talent exists throughout society and critically can be catalysed through education , training and belief .”

Gravitics to build space infrastructure for commercial space station next-gen platform , Axiom Station , will provide new pathways to space for traditional space users and non-traditional industries . We are expanding commercial opportunities in space , from in-space manufacturing to technology demonstrations to research and innovative solutions that will advance civilisation .”

Axiom Space is a leader in the commercial space industry . As NASA plans to retire the International Space Station near the end of the decade , commercial space stations will become humanity ’ s destination for activities on orbit . Axiom Station is positioned to be the most advanced platform in low-Earth orbit and will enable the development of numerous industries using techniques that are available only in microgravity .

Gravitics has been awarded a US $ 125 million contract by Axiom

Space to provide a pressurised spacecraft that will support Axiom Station operations . The Gravitics spacecraft will play a utility role and will be capable of providing various services while attached to the commercial space station .
Gravitics is developing spacecraft technology for a variety of space applications , with key customers including Axiom Space and the US Space Force . The company offers four-metre diameter spacecraft sized for today ’ s launch vehicles and larger options that will be enabled as new launch vehicles come online , like SpaceX ’ s Starship .
“ Axiom Space and Gravitics are working together to develop space infrastructure to enable a sustainable global space economy in low-Earth orbit ,” said Matt Ondler , President of Axiom Space . “ Our
“ Gravitics is building a common set of products to support both commercial and national security needs ,” said Gravitics ’ CEO , Colin Doughan .
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