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Cisco: Pressure to deploy AI is up, but only 13% feel ready

Network World

However, between 2023 and 2024, global AI readiness in the enterprise has declined. The Index showed that 50% of those surveyed have between 10% and 30% of their current IT budget dedicated to AI. Similarly, 78% of respondents lack confidence in the availability of computing resources for AI workloads, up from 76% in 2023.”

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Equinix to cut 3% of staff amidst the greatest demand for data center infrastructure ever

Network World

billion this year , up around 7% over 2023. For many organizations, while budgets are ticking slightly up, it’s only in line with inflation, while new initiatives, including AI, need to be funded.” For instance, according to Forrester, app development is on the decline (after hitting its peak in 2021).

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IBM: 78% of mainframe shops are piloting, operating AI apps

Network World

“Gen AI-driven application modernization tools are revolutionizing mainframe modernization strategies, accelerating time to value, and closing mainframe skills gaps by enabling developers to modernize or build applications faster and more efficiently,” the study stated.

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Perspectives on how cloud computing & app development trends will take shape in 2023

CIO Business Intelligence

To understand how organizations may be approaching their cloud strategies and tech investments in 2023, members of VMware’s Tanzu Vanguard community shared their insights on what trends will take shape. According to Forrester , forty percent of firms will take a cloud-native first strategy.

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Next-gen Ethernet standards set to move forward in 2025

Network World

Multiple standards and certification efforts made progress in 2024, helping networks to be more reliable and deliver more bandwidth.One of the most significant developments was the maturation of 800 Gigabit Ethernet (800GbE). The IEEE P802.3df taskforce released version 1.0 of the 800GbE specification on Feb. 2025 will be a big year for UEC.

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8 top priorities for CIOs in 2023

CIO Business Intelligence

Welcome to 2023. As technology projects, budgets, and staffing grew over the past few years, the focus was on speed to market to maximize opportunity, says Troy Gibson, CIO services leader at business and IT advisory firm Centric Consulting. The challenge is finding ways to achieve these goals in an era of constricted budgets.

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India’s Budget 2023: What It Means For Financial Services And FinTechs?

Forrester IT

I looked at the Budget 2023 that India’s Finance Minister presented on Feb 1st 2023. On that day, India’s Prime Minister tweeted, “This year’s Budget infuses new energy to India’s development trajectory”. I find that he was not far off the mark.

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