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The new CFO: How AI has changed the game for chief financial officers

CIO Business Intelligence

Now, it’s time to pay for it, and that’s putting a spotlight squarely on the chief financial officer (CFO), who has increasingly become the gatekeeper deciding which projects get funded and how significantly AI will play a role in enterprise strategy. For the CFOs at the center of that transformation, the stakes are higher than ever.

Financial 103
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How to Craft a Cloud Experience Without Busting the IT Budget

CIO Business Intelligence

Data suggests IT leaders will spend despite a challenging macroeconomic environment that includes inflation, snarls in the supply chain and other financial pressures. Investing in IT without busting the budget is no mean feat, for even the most well-heeled organizations.

Budget 52
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Value stream management (VSM) delivered $81M in savings

CIO Business Intelligence

In fact, VSM has been shown to deliver significant organizational benefits and quantifiable, financial ROI. In November 2023, Forrester Consulting conducted a Total Economic Impact™ (TEI) study, commissioned by Broadcom, which found organizations using ValueOps, a dedicated VSM solution, can realize significant financial benefits.

Study 131
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CIOs eager to scale AI despite difficulty demonstrating ROI, survey finds

CIO Business Intelligence

Upskilling existing staff to manage AI technologies requires significant time and financial investment. One of the main difficulties is calculating ROI to convince CFOs to approve budgets, and this challenge is also present when considering AI adoption, according to Abhishek Gupta, CIO of Dish TV.

Survey 133
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Microsoft unveils new sustainability steps in effort to remove all carbon produced in company history

GeekWire

Microsoft President Brad Smith, Chief Financial Officer Amy Hood, and CEO Satya Nadella preparing to announce Microsoft’s plan to be carbon negative by 2030. Nike, Starbucks, Unilever, and Wipro — to create Transform to Net Zero, a coalition dedicated toward creating a net-zero carbon economy. Brian Smale / Microsoft Photo).

Microsoft 145
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‘Baby bond’ legislation aims to address wealth gaps in Washington state

GeekWire

State of Washington Photo) People born into low-income families in Washington state will get a financial boost at the outset of their lives with so-called “baby bonds” if lawmakers pass legislation to establish the Washington Future Fund. Household net worth in Washington State and the U.S. Washington state treasurer Mike Pellicciotti.

.Net 98
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Jeff Bezos says no thanks to Bernie Sanders’ request to testify on income inequality

GeekWire

Amazon founder Jeff Bezos will not testify at a Senate Budget Committee hearing on income inequality next week — a decision that comes hours after Senator Bernie Sanders of Vermont invited the billionaire to share his thoughts on the matter, reports CNBC. ” The hearing is slated for March 17.

.Net 138