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IFS to acquire enterprise asset management firm Ultimo

CIO Business Intelligence

To help meet demand from enterprises that are shifting asset management methods from legacy applications to cloud-based technology, ERP provider IFS has signed an agreement to acquire Netherlands-based enterprise asset management (EAM) software firm Ultimo. billion by 2026, from $3.3 Enterprise Applications, ERP Systems

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Decoding Salesforce’s plausible $11 billion bid to acquire Informatica

CIO Business Intelligence

The deal could be a significant opportunity for Salesforce, according to Park, as it comes at a time when the average enterprise, especially the large ones, have over 1,000 applications and data sources, which throws up the challenge of cleaning up long-tail data and matching it with core enterprise data.

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IDC Middle East CIO Summit 2024: How CIOs Are Embracing the AI Era

CIO Business Intelligence

Recent breakthroughs in generative AI (GenAI) are reshaping the technological landscape at an unprecedented rate, and IDC forecasts that annual worldwide spending on AI-centric systems will exceed 300 billion USD by 2026. Generative AI

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Colorado AI legislation further complicates compliance equation

CIO Business Intelligence

The bill defines consequential decision as being any decision “that has a material legal or similarly significant effect on the provision or denial to any consumer,” which includes educational enrollment, employment or employment opportunity, financial or lending service, healthcare services, housing, insurance, or a legal service.

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Italian CIOs at the crossroads of transformation and sustainability

CIO Business Intelligence

Timelines of sustainable digital transformation Over in healthcare, sustainability is uniquely nuanced concerning cost management and patient focus. Think of the patient who has to book or download referrals online, the healthcare professional who has to interface with the systems, or the administrative staff.

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Telcos strive to find their place in the 5G private network ecosystem

TM Forum

billion by 2026. , Manufacturers, for example, might be looking for 5G-enabled AI technologies that enable automatic optical inspection to identify and reduce errors on the production line, or applications that make it safer to operate mobile collaborative robots on the factory floor. up from $1.7 billion in 2021.

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Rethinking the IT talent pipeline

CIO Business Intelligence

Across industries, companies are experimenting with more creative talent retention and acquisition strategies, including developing a pipeline of IT professionals that have unconventional backgrounds or are sourced from nontraditional applicant pools.

Training 111