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 105

Artificial Intelligence Budget Tools Survey 105

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 131

Microsoft Cloud Data Center Artificial Intelligence 131

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 116

Artificial Intelligence Hardware Enterprise Enterprise 116

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 119

Small Business Training Security Artificial Intelligence 119

GeekWire

SEPTEMBER 26, 2023

(Millworks Analytics Photo) Former Tableau CFO Damon Fletcher is coming out of retirement to launch a startup that helps tech companies get a hold of their cloud costs amid a surge in spending driven by artificial intelligence. He also held software engineering roles at Microsoft and Donnelley Financial Solutions.

Cloud 106

Cloud Company Artificial Intelligence CTO 106

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 143

Energy Financial Artificial Intelligence Survey 143

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 130

Banking Artificial Intelligence Mobile Construction 130

GeekWire

NOVEMBER 11, 2022

The company is in the process of expanding its engineering and sales team, aiming to reach a workforce of 12 by the end of the first quarter of 2023. The startup pitches artificial intelligence software that scans multiple channels of customer feedback. ” Spiral raised $2.4

Artificial Intelligence 98

Artificial Intelligence Insurance Engineering Software 98

CIO Business Intelligence

OCTOBER 23, 2024

Ongoing layoffs in the tech industry and rising demand for AI skills are contributing to a growing mismatch in the IT talent market, which continues to show mixed signals as economic factors and the rise of AI impact budgets and the long-term outlook for IT skills.

Dell 130

Dell Artificial Intelligence Training Data 130

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 133

Budget Security Fractional CTO Healthcare 133

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 98

Survey B2B Budget Artificial Intelligence 98

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 131

Healthcare Artificial Intelligence CTO CTO Hire 131

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 119

Healthcare Budget Artificial Intelligence Industry 119

SecureWorld News

NOVEMBER 7, 2023

The 2023 ISC2 Cybersecurity Workforce Study estimates that the global cybersecurity workforce now stands at 5.5 Forty-seven percent of cybersecurity professionals in the ISC2 study reported enduring hiring freezes, budget cuts, or layoffs this past year. million people. While this represents growth of 8.7%

Study 104

Study Artificial Intelligence Budget Training 104

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 98

IBM Government Oracle Business Transformation 98

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 130

Artificial Intelligence Enterprise Enterprise Network 130

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 145

Data Survey Strategy Report 145

Tech Republic Cloud

OCTOBER 19, 2022

The firm’s FutureScape report for 2023 cites continued skills shortages, more tech supply chain woes, and a need for trust in automation among its list of top 10 IT predictions. The post IDC predicts two of the most important IT developments will be as-a-service products and processes and tech-by-wire appeared first on TechRepublic.

Development 148

Development Report Budget Artificial Intelligence 148

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 142

Survey Artificial Intelligence Analysis Vmware 142

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 141

Banking Data Financial Software Development 141

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 128

Authentication Artificial Intelligence Virtualization Budget 128

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 124

Software Development SDLC Development Software 124

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 126

Engineering Applications Video Agile 126

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 126

CTO Hire Training Resources Fractional CTO 126

Dataconomy

OCTOBER 23, 2024

This represents a significant jump from the $561 billion spent in 2023, highlighting the rapid growth of cloud adoption. Businesses scramble to optimize their IT budgets in an economic climate where every penny counts, particularly cloud expenditures. billion on public cloud services.

Cloud 81

Cloud Artificial Intelligence Budget Security 81

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 138

Fractional CTO CTO Hire Budget Report 138

CIO Business Intelligence

JANUARY 24, 2024

AI’s broad applicability and the popularity of LLMs like ChatGPT have IT leaders asking: Which AI innovations can deliver business value to our organization without devouring my entire technology budget? Here is some guidance. Learn more. [1]

Dell 112

Dell Intel Open Source Hardware 112

CIO Business Intelligence

NOVEMBER 4, 2024

We launched the proof-of-value pilot in November 2023 and rolled it out to all team members by February 2024. AI governance is not just about protecting the enterprise from data leakage or intellectual property theft but also keeping costs in line with budgets, observers note. It was very quick, and we have learned a lot.

Government 137

Government Policies Nonprofit Artificial Intelligence 137

Dataconomy

OCTOBER 26, 2023

Furthermore, AI dubbing is a budget-friendly choice, reducing the costs associated with traditional dubbing, which can be quite expensive. It is a budget-friendly solution ( Image Credit ) The Best AI Dubbing Tools Now, let’s explore some of the top AI dubbing tools that are making waves in the industry. DubVerse DubVerse.ai

Tools 81

Tools Video Budget Quality Assurance 81

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 116

SAP IBM Cloud Strategy 116

CIO Business Intelligence

NOVEMBER 27, 2023

HomeMade has met this challenge with the help of an underlying software package from SAP called the Business Technology Platform , which brings together data and analytics, artificial intelligence, application development, automation, and integration into asingle, unified environment. Certainly not Homemade.

SAP 98

SAP Artificial Intelligence Healthcare Budget 98

CIO Business Intelligence

AUGUST 15, 2024

million to roll out, with a recurring annual budget hit of $8,000 to $11,000 per user. Determining the ROI for “ubiquitous” gen AI uses, such as virtual assistants or intelligent chatbots , can be difficult, says Frances Karamouzis, an analyst in the Gartner AI, hyper-automation, and intelligent automation group.

Fractional CTO 143

Fractional CTO IBM Virtualization Budget 143

CIO Business Intelligence

DECEMBER 19, 2022

Optimising Marketing Performance within Constrained Budget Guidelines A unified cloud platform enables marketing leaders to empower their staff and partners to deliver more and better marketing. This reduces cost, improves timeliness of campaign delivery, and most importantly increases marketing’s ability to directly control its budget spend.

Cloud 97

Cloud Advertising Applications Budget 97

Dataconomy

MAY 18, 2023

Considering the numerous amounts of accessible tools, finding the best AI photo editor in 2023 might be difficult. In recent years, artificial intelligence (AI) photo editing software has become increasingly sophisticated and widely available, providing a wide variety of capabilities and benefits.

Artificial Intelligence 78

Artificial Intelligence Tools Adobe Google 78

CIO Business Intelligence

OCTOBER 26, 2023

While there is little doubt that companies have been cutting back on expenses generally in response to economic uncertainty, startups in particular have been feeling the pain of contracting budgets and reluctant investors. At this point in time, it needs to be asked whether such a rapid increase in the number of vendors is sustainable.

Course 128

Course Survey Financial Artificial Intelligence 128

CIO Business Intelligence

MARCH 10, 2022

Our most recent purchases have been focused on high-performance computing processors built specifically for neural networks and artificial intelligence, which we use quite a bit in genomics medicine,” the CIO says. And you can manage the IT and budget in such a way that people are empowered to focus on pancreatic cancer. …

Artificial Intelligence 98

Artificial Intelligence Research Storage Microsoft 98

CIO Business Intelligence

SEPTEMBER 6, 2024

It’s not a surprise that two out of every three IT organizations are planning to allocate more than five percent of their budgets to AI initiatives. 1 Embracing their change management roles CIOs—more than any other executive or line of business role—are becoming the central authority for most organization’s AI budgets and priorities.

Enterprise 71

Enterprise Enterprise SDLC Budget 71