CIO Business Intelligence

NOVEMBER 27, 2024

million in 2023, and is expected to grow by 5% in 2025, equal to 3.75 This program has its own planning and also a dedicated budget. There’s no single recipe for who should evangelize the staff on the use of artificial intelligence in the company,” says Spinetti. million compared to about 3.6 Each case is different.

CTO Hire 317

CTO Hire Training Resources Fractional CTO 317

CIO Business Intelligence

DECEMBER 26, 2023

We’ve gathered eight instances of big tech failures that struck companies and other organizations in 2023. Both United Airlines and Hawaiian Airlines saw service outages in 2023 resulting from wonky software upgrades, and Southwest ended the previous year with a Christmas travel meltdown blamed on outdated systems.

Backup 345

Backup Airlines Licensing Oracle 345

CIO Business Intelligence

FEBRUARY 11, 2025

With this migration, were looking at how to provide the greatest value with a return in the medium and long term, he says.Once the process is underway, he adds,itll allow us to obtain all the artificial intelligence capacity that SAP offers. Another vertical of the plan is closely related to Industry 4.0

SAP 227

SAP Artificial Intelligence Resources Industry 227

CIO Business Intelligence

JANUARY 9, 2023

The need to grow smartly Gil Westrich’s company, ClearML, is benefiting from increased adoption of artificial intelligence and machine learning (ML) technology. But with inflation and other factors pushing cloud providers to increase their prices in 2023, IT leaders must beware of budget creep.

Fractional CTO 364

Fractional CTO CTO CTO Hire Cloud 364

CIO Business Intelligence

MARCH 4, 2025

An IDC study found that usage of generative AI jumped from 55% of surveyed companies in 2023 to 75% in 2024. Artificial intelligence: Driving ROI across the board AI is the poster child of deep tech making a direct impact on business performance. This surge is fueled by unprecedented funding and support for deep tech ventures.

Industry 295

Industry Strategy Artificial Intelligence Research 295

CIO Business Intelligence

APRIL 19, 2024

A scramble to invest in artificial intelligence and a natural replacement cycle for computing devices purchased during the COVID pandemic will lead to an 8% increase in global IT spending this year, Gartner predicted. In other words, CIOs are likely to be apportioning more budget toward speculative initiatives less likely to pan out.

Data Center 331

Data Center Budget Software Software 331

CIO Business Intelligence

FEBRUARY 20, 2025

With legacy apps tying up a significant portion of an organizations IT budget, less money is available for new initiatives, further slowing down AI adoption. According to IDCs 2023 CIO Sentiment Survey , organizations were spending an average of 12.8% of their IT budgets on tech debt at that time.

Cloud 270

Cloud Applications Insurance Data 270

CIO Business Intelligence

JANUARY 29, 2025

In June 2023, Gartner researchers said, data and analytics leaders must leverage the power of LLMs with the robustness of knowledge graphs for fault-tolerant AI applications. The first major announcement was in September 2023 by graph database company NebulaGraph. Vendors took the ball and ran with it. But its very early, he adds.

Enterprise 336

Enterprise Enterprise Infosys Data 336

CIO Business Intelligence

JANUARY 25, 2024

The AI hype cycle has peaked: Tens of thousands of companies helped get it there with generative AI in 2023, with two-thirds now reporting they have deployed GAI tools to their workforce. Especially in IT organizations—where budgets came under more scrutiny in 2023—CIOs need to show they’re not using AI for AI’s sake.

Artificial Intelligence 264

Artificial Intelligence Budget Tools Survey 264

CIO Business Intelligence

FEBRUARY 15, 2024

billion in Germany by the end of 2025 to double the artificial intelligence and cloud capacities of its data centers there. New data centres After doubling the capacity of its own data centers in Germany in 2023, Microsoft intends to double it again by the end of 2025. Microsoft will invest €3.2 million people in digital skills.

Microsoft 328

Microsoft Cloud Data Center Artificial Intelligence 328

CIO Business Intelligence

JANUARY 7, 2025

Many organizations that considered themselves to be forward-thinking in 2022 suddenly found themselves playing catch-up in 2023. In this new year, the speed and scale of AI implementation will make the progress made in 2023 look stagnant. But if FOMO was a thing last year, this year we say NOMO, as in no more fear of missing out.

Meeting 130

Meeting Artificial Intelligence Policies Tools 130

CIO Business Intelligence

OCTOBER 24, 2024

Forrester said most technology executives expect their IT budgets to increase in 2025. In addition, despite billions of dollars invested in AI infrastructure and generative AI in 2023, only 20% of businesses reported earnings benefits from AI in 2024.” Others won’t — and will come up against the limits of quick fixes.”

Company 318

Company Enterprise Enterprise Architecture 318

CIO Business Intelligence

SEPTEMBER 10, 2024

According to the recent Hiscox annual cyber readiness report , 41% of SMBs in the US fell victim to a cyberattack in 2023, a figure that has nearly doubled since 2021. A Corvus study found 47% of businesses with fewer than 50 employees have no cybersecurity budget at all, even as a majority call cybersecurity a “top concern.”

Small Business 297

Small Business Training Security Artificial Intelligence 297

CIO Business Intelligence

NOVEMBER 15, 2022

But released the next day, the 2023 Gartner CIO and Technology Executive Survey revealed that EMEA-based CIOs expect IT budgets to increase 4.4% Approximately 34% are increasing investment in artificial intelligence (AI) and 24% in hyper-automation as well. global inflation rate.

Energy 358

Energy Financial Artificial Intelligence Survey 358

CIO Business Intelligence

MAY 7, 2024

At the same time, Artificial Intelligence (AI) is quickly becoming recognised as a keystone for future growth. Tackling the challenges of intelligent transformation However, many organisations continue to struggle with tight budgets, resistance to change, and perennial shortages of skill sets and staff.

Banking 325

Banking Artificial Intelligence Mobile Construction 325

CIO Business Intelligence

FEBRUARY 19, 2025

If 2023 was the year of experimentation with gen AI, 2024 was when companies zeroed in on use cases and started putting pilot projects into production. In a survey of 2,300 IT decision makers that IBM released in December, 47% say theyre already seeing ROI from their AI investments, and 33% say theyre breaking even on AI.

Survey 344

Survey Software Development Development Research 344

CIO Business Intelligence

MARCH 5, 2024

That’s one of the main themes from IDC’s recent predictions report, “IDC FutureScape: Worldwide Artificial Intelligence and Automation 2024 Top 10 Predictions”. So CIOs thinking about hardware budgets should factor in high-end servers that can accommodate GenAI workloads.” Artificial Intelligence, Business, Events

Artificial Intelligence 290

Artificial Intelligence Hardware Enterprise Enterprise 290

CIO Business Intelligence

JULY 10, 2024

As organizations worldwide prepare to spend over $40 billion in core IT (technology budgeted and overseen by central IT) on GenAI in 2024 (per IDC’s Worldwide Core IT Spending for GenAI Forecast, 2023-2027 , January 2024), there’s an urgent need to manage the risks associated with these investments.

Strategy 278

Strategy Budget Research Artificial Intelligence 278

CIO Business Intelligence

JANUARY 11, 2024

2023 was a year made notable by a range of unexpected, unpredictable, and fast-moving challenges that, despite seemingly having little to do with technology, had profound impacts on IT strategies. 2023’s State of the CIO survey found 70% of IT leaders anticipate an increased involvement on their part in cybersecurity operations going forward.

Budget 334

Budget Security Fractional CTO Healthcare 334

CIO Business Intelligence

JANUARY 21, 2025

CIOs were given significant budgets to improve productivity, cost savings, and competitive advantages with gen AI. times compared to 2023 but forecasts lower increases over the next two to five years. AI at Wharton reports enterprises increased their gen AI investments in 2024 by 2.3

CTO Hire 356

CTO Hire Fractional CTO Strategy Government 356

CIO Business Intelligence

JUNE 1, 2023

In a testament to its growing importance, 80% of marketers have experimented with or deployed the burgeoning technology, in some cases redirecting budgets from last year’s forays into the metaverse. Artificial Intelligence At the time, more than half of those polled said they had invested in “metaverse-like technologies.”

Survey 246

Survey B2B Budget Artificial Intelligence 246

CIO Business Intelligence

NOVEMBER 9, 2023

As countless organizations race to investigate or adopt artificial intelligence technologies, many are building out an AI skilled workforce. That includes the decision to appoint or hire a chief artificial intelligence officer (CAIO). Artificial Intelligence, Chief Data Officer, Generative AI, IT Leadership

Healthcare 328

Healthcare Artificial Intelligence CTO CTO Hire 328

CIO Business Intelligence

JANUARY 22, 2025

Nearly all tech surprises last year were related to gen AI, which was so hyped in 2023 that every organization had to try it in one or more projects in 2024. They couldnt hire people from outside either, because they hadnt anticipated the need early enough to put it in their budgets. Everything happened very fast.

CTO Hire 320

CTO Hire Meeting Data Education 320

CIO Business Intelligence

FEBRUARY 18, 2025

Fresh research from PWC has found that CIOs are far less likely to say that the IT function is prepared for reinvention, compared to 2023. Cost is a core concern; IT budgets are expected to increase by around 10%, but inflation will likely leave CIOs withat bestthe same spending power as in previous years.

Security 200

Security How To Firewall Network 200

CIO Business Intelligence

MARCH 27, 2023

Chief data and analytics officers (CDAOs) are poised to be of increasing strategic importance to their organizations, but many are struggling to make headway, according to data presented last week by Gartner at the Gartner Data & Analytics Summit 2023. The mean reported budget among respondents was $5.41

Data 363

Data Survey Strategy Report 363

CIO Business Intelligence

DECEMBER 8, 2022

The US Federal Government has been investing heavily in IT modernization and cybersecurity, with an estimated budget of $65 billion for 2023 for civilian IT spending, according to a White House report.

IBM 246

IBM Government Oracle Business Transformation 246

CIO Business Intelligence

NOVEMBER 17, 2023

This is achieved through efficiencies of scale, as an MSP can often hire specialists that smaller enterprises may not be able to justify, and through automation, artificial intelligence, and machine learning — technologies that client companies may not have the expertise to implement themselves.

Artificial Intelligence 325

Artificial Intelligence Network Enterprise Enterprise 325

CIO Business Intelligence

JANUARY 24, 2024

As leaders in healthcare and cybersecurity, we must be extra vigilant in understanding our vulnerabilities and providing our organizations with the best defense possible, even as we face ongoing budget constraints and a challenging cybersecurity talent shortage. A Lack of Visibility You can’t protect what you can’t see.

Healthcare 299

Healthcare Budget Industry Artificial Intelligence 299

CIO Business Intelligence

APRIL 28, 2023

Recognizing that divisions already had their own spending priorities, the bank set aside a central budget that each division could draw on to hire developers to ensure they all had the resources to implement this customer master. Artificial Intelligence, Chief Data Officer, CIO, IT Leadership

Banking 354

Banking Data Financial Software Development 354

CIO Business Intelligence

MAY 20, 2024

Artificial intelligence and machine learning Unsurprisingly, AI and machine learning top the list of initiatives CIOs expect their involvement to increase in the coming year, with 80% of respondents to the State of the CIO survey saying so. And CIOs said the need for security improvements is the top driver of IT budget increases.

Survey 355

Survey Artificial Intelligence Analysis Security 355

CIO Business Intelligence

DECEMBER 17, 2023

Finding more employees to handle inquiries isn’t a realistic option amidst budget cuts and high turnover rates. In a 2023 study conducted by LivePerson , 20% of customers said they would never wait on hold and would instead opt for an AI-led conversation. Artificial Intelligence Did you know?

Authentication 321

Authentication Artificial Intelligence Virtualization Budget 321

CIO Business Intelligence

SEPTEMBER 10, 2024

Nearly half of C-suite respondents report that over 30% of tech projects are late or over budget, with one in five dissatisfied with most outcomes. The testing phase, particularly user acceptance testing (UAT), can become a labor-intensive bottleneck — and a budget breaker. And the challenges don’t end there.

Software Development 312

Software Development SDLC Development Software 312

CIO Business Intelligence

OCTOBER 5, 2023

Foundry’s CIO Tech Priorities 2023 found that IT leaders are investing in technologies that provide greater efficiencies, better security, and improved end-user experience, with most actively researching or piloting projects around artificial intelligence (AI) and machine learning, data analytics, automation, and IT/OT intelligence.

Engineering 317

Engineering Applications Video Agile 317

CIO Business Intelligence

NOVEMBER 27, 2023

CIOs are hardly Luddites, but even some technologists fret about artificial intelligence, the rapid pace of tech evolution, and their ability to keep up. The September Monthly Threat Intelligence Report from cybersecurity firm NCC Group delivers plenty of reasons to worry. Here are 10 worries keeping IT leaders up at night.

Fractional CTO 346

Fractional CTO CTO Hire Budget Report 346

CIO Business Intelligence

DECEMBER 18, 2024

Reinforcing this claim, one in four IT executives from the 2023 AI Priorities Study believe their organization is moving too fast when it comes to deploying gen AI. The insight garnered from these practices can inform budgeting prioritizations and influence planning around business partnerships and product trajectories.

Strategy 264

Strategy Security Business Continuity Data 264

CIO Business Intelligence

MARCH 19, 2025

Mark Brooks, who became CIO of Reinsurance Group of America in 2023, did just that, and restructured the technology organization to support the platform, redefined the programs success metrics, and proved to the board that IT is a good steward of the dollar.

Data 162

Data Enterprise Enterprise Education 162

CIO Business Intelligence

MAY 15, 2024

In 2023, there was movement in the succession plans among the supervisory board. But how difficult it apparently was to find the right candidate to succeed Plattner was shown by a surprising about-face in February 2023. Above all, the question of business value continues to drive user companies in times of tight IT budgets.

SAP 290

SAP IBM Cloud Strategy 290