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IBM z17 mainframe gains AI accelerator, massive workload support

Network World

IBM has rolled out the latest iteration of its mainframe, replete with AI technology designed to take data-intensive application support well into the future. They wanted to be able to embed AI in each transaction without slowing down those transactions, said Elpida Tzortzatos, IBM Fellow and CTO of AI on IBM Z.

IBM 379
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7 types of tech debt that could cripple your business

CIO Business Intelligence

After all, a low-risk annoyance in a key application can become a sizable boulder when the app requires modernization to support a digital transformation initiative. Accenture reports that the top three sources of technical debt are enterprise applications, AI, and enterprise architecture.

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Six steps to creating a successful IT strategy: A guide for CIOs

CIO Business Intelligence

For example, a company aiming for market expansion might focus on developing scalable infrastructure, enabling application localization, and enhancing security measures to support operations in new regions. This process includes establishing core principles such as agility, scalability, security, and customer centricity.

Strategy 334
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AI, predictive analytics top list of hot technologies for banks

CIO Business Intelligence

Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. 5G aids customer service. 5G aids customer service.

Banking 363
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Outdated business apps can cloud your AI vision

CIO Business Intelligence

Outdated software applications are creating roadblocks to AI adoption at many organizations, with limited data retention capabilities a central culprit, IT experts say. If the application itself is legacy, with bad code stored in different places, all sorts of problems can come from the app itself, he adds.

Cloud 270
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10 quantum computing milestones of 2024

Network World

This means that they have developed an application that shows an advantage over a classical approach though not necessarily one that is fully rolled out and commercially viable at scale. Error correction is vital for enterprise users of quantum computing, says Yoram Avidan, CTO of Citigroups Innovation Lab and global head of Citi Accelerator.

IBM 398
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Where CIOs should place their 2025 AI bets

CIO Business Intelligence

CIOs feeling the pressure will likely seek more pragmatic AI applications, platform simplifications, and risk management practices that have short-term benefits while becoming force multipliers to longer-term financial returns. CIOs should consider placing these five AI bets in 2025. Should CIOs bring AI to the data or bring data to the AI?

CTO Hire 356