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AI market evolution: Data and infrastructure transformation through AI

CIO Business Intelligence

However, many face challenges finding the right IT environment and AI applications for their business due to a lack of established frameworks. Currently, enterprises primarily use AI for generative video, text, and image applications, as well as enhancing virtual assistance and customer support.

Data 321
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Companies to shift AI goals in 2025 — with setbacks inevitable, Forrester predicts

CIO Business Intelligence

Forrester said most technology executives expect their IT budgets to increase in 2025. Over the next 10 years, Forrester believes gen AI and AI coding assistants will change the definition of software development. “Some leaders will pursue that goal strategically, in ways that set up their organizations for long-term success.

Company 318
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The hard truth about lifecycle management

CIO Business Intelligence

Search for a definition of lifecycle management and you’ll find something along the lines of: A strategic approach to managing the life cycle of an application or platform from conception to end of life — from provisioning, through operations, to retirement. Under this definition lifecycle management doesn’t seem to do anything.

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GenAI sticker shock sends CIOs in search of solutions

CIO Business Intelligence

To counteract this, and in anticipation of further forays with the technology, some CIOs are exploring a range of technologies and methods to curb the cost of generative AI experimentation and applications. We’ve already seen the cost of AI really start to negatively impact cloud budgets,” he says. “In

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What is data governance? Best practices for managing data assets

CIO Business Intelligence

Data governance definition Data governance is a system for defining who within an organization has authority and control over data assets and how those data assets may be used. To counter that, BARC recommends starting with a manageable or application-specific prototype project and then expanding across the company based on lessons learned.

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People-centric planning: Fund people, not work

CIO Business Intelligence

If an application is critical to a business, it’s not something that can be treated as a one-and-done project. Teams don’t just deploy the application and move on. They need to continue to not just support but improve the application, and these enhancements will be integral in fueling ongoing business success.

Agile 307
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IDC: Pace of enterprise applications sales will increase next year

CIO Business Intelligence

IDC forecasts the growth rate of enterprise applications software sales will pick up in 2024, and remain steady through 2027, despite a dip this year as a result of CIOs continuing to pull back on spending due to economic headwinds. Cloud is taking an ever-larger proportion of IT departments’ budgets, and the picture is no different here.