CIO Business Intelligence

NOVEMBER 22, 2024

To that end, the financial information and analytics firm is developing APIs and examining all methods for “connecting your data to large memory models.” As experts in financial services and commodity markets, there must be standard evaluation methods, he said. Finding talent is “a challenge that I am also facing,” Guan said.

Airlines 340

Airlines LAN Travel Financial 340

CIO Business Intelligence

FEBRUARY 11, 2025

Technology leaders in the financial services sector constantly struggle with the daily challenges of balancing cost, performance, and security the constant demand for high availability means that even a minor system outage could lead to significant financial and reputational losses. Vendor lock-in. Time to market.

Architecture 259

Architecture Financial Enterprise Enterprise 259

CIO Business Intelligence

NOVEMBER 4, 2024

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

Data Artificial Intelligence Enterprise Enterprise 321

CIO Business Intelligence

MARCH 26, 2025

Give up on using traditional IT for AI The ultimate goal is to have AI-ready data, which means quality and consistent data with the right structures optimized to be effectively used in AI models and to produce the desired outcomes for a given application, says Beatriz Sanz Siz, global AI sector leader at EY.

Data 307

Data CTO Applications System 307

CIO Business Intelligence

MARCH 4, 2025

But it was financial services, media, manufacturing, industrials, and engineering that saw the biggest surges in China-linked intrusions last year 200-300% growth rates compared to 2023. The group regularly exploits vulnerabilities in public-facing web applications to gain initial access.

Industry 330

Industry Malware Groups Telecommunications 330

CIO Business Intelligence

NOVEMBER 21, 2024

For instance, CIOs in industries like financial services need to monitor how competitors leverage AI for fraud detection or offer personalized services to inform their IT strategies. CIOs can ensure that IT supports and drives key business outcomes by translating business strategies into clear technology roadmaps.

Strategy 305

Strategy Agile Financial Artificial Intelligence 305

CIO Business Intelligence

JANUARY 7, 2025

It prevents vendor lock-in, gives a lever for strong negotiation, enables business flexibility in strategy execution owing to complicated architecture or regional limitations in terms of security and legal compliance if and when they rise and promotes portability from an application architecture perspective.

Cloud 245

Cloud Strategy Architecture Enterprise 245

CIO Business Intelligence

OCTOBER 15, 2024

This alignment ensures that technology investments and projects directly contribute to achieving business goals, such as market expansion, product innovation, customer satisfaction, operational efficiency, and financial performance. These principles directly influence the organization’s culture and strategic moves.

Strategy 334

Strategy Fractional CTO Analysis Banking 334

CIO Business Intelligence

FEBRUARY 11, 2025

Vendor support agreements have long been a sticking point for customers, and the Oracle Applications Unlimited (OAU) program is no different. That, in turn, can lead to system crashes, application errors, degraded performance, and downtime.

Oracle 147

Oracle Applications Security How To 147

CIO Business Intelligence

DECEMBER 6, 2024

Bank holding company Ally Financial is determined to stay at the cutting edge of technology in the financial industry. Today, that means leveraging gen AI to transform its business. But Ally is part of a highly regulated industry, which has seen many banks and financial institutions delayed by regulations. Allys answer?

Financial 305

Financial Banking Industry Groups 305

CIO Business Intelligence

SEPTEMBER 10, 2024

Oracle will be adding a new generative AI- powered developer assistant to its Fusion Data Intelligence service, which is part of the company’s Fusion Cloud Applications Suite, the company said at its CloudWorld 2024 event. However, it didn’t divulge further details on these new AI and machine learning features.

Oracle 357

Oracle Development Data Applications 357

CIO Business Intelligence

MARCH 25, 2025

Even in the case of moderate to low risk, technical debt impacts can change quickly as business needs evolve. 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. Lanzani shares an example of a banks customer-facing chatbot.

Architecture 350

Architecture Devops Open Source Database Administration 350

CIO Business Intelligence

SEPTEMBER 26, 2024

SAP’s award-winning FioriDAST project mimics user and attacker behavior to safeguard its web applications. While hackers target companies of all sizes, a tech giant like SAP may have a bigger bull’s eye on its back because of the sensitive data it manages and the critical role its ERP applications play in global businesses.

SAP 276

SAP Applications Security Tools 276

CIO Business Intelligence

SEPTEMBER 10, 2024

The center will focus on pioneering AI-driven solutions to tackle pressing global challenges, especially within the digital and financial ecosystems. Mastercard’s expertise in digital payments and cybersecurity, combined with AI, will help create a secure and resilient financial ecosystem.

Financial 289

Financial Government Artificial Intelligence Strategy 289

CIO Business Intelligence

NOVEMBER 20, 2024

Since Meta licenses each of its AI models separately there’s nothing stopping it from lowering that threshold for future versions to bring more applications for the software under its control or demanding financial compensation for broader usage licenses.

Groups 328

Groups Open Source Licensing Social 328

CIO Business Intelligence

FEBRUARY 19, 2025

As a result of using AI for productivity, marketing, and to help process applicant transcripts, says Matthews, the time it takes to respond to applicants has fallen from weeks to hours, the number of leads from new countries has increased by 267%, and enrollment has grown by nearly 11%. We have a ton of documents we can talk about.

Survey 344

Survey Software Development Development Research 344

CIO Business Intelligence

APRIL 2, 2025

The SAP Business Technology Platform offers in-memory processing, agile services for data integration and application extension, as well as embedded analytics and intelligent technologies. This transformation takes place in three steps: redesigning processes, technical migration, and building the intelligent enterprise.

System 269

System SAP Licensing Architecture 269

CIO Business Intelligence

MARCH 26, 2025

He adds, I cultivate a culture of innovation and healthy competition, ensuring that both business and technology teams remain motivated to achieve shared goals. CIOs own the gold mine of data Leverage analytics to turn your insights into financial intelligence, thus making tech a profit enabler.

Financial 245

Financial Study Real Estate Strategy 245

CIO Business Intelligence

NOVEMBER 14, 2024

Emmelibri Group, a subsidy of Italian publishing holding company Messaggerie Italiane, is moving applications to the cloud as part of a complete digital transformation with a centralized IT department. Data is the heart of our business, and its centralization has been fundamental for the group,” says Emmelibri CIO Luca Paleari.

Cloud 299

Cloud Data B2C SAP 299

CIO Business Intelligence

JANUARY 21, 2025

Well also examine strategies CIOs can use to address these challenges, ensuring their organizations can recognize the rewards of GenAI without compromising financial stability. This emphasizes the difficulty in justifying new technology investments without clear, tangible financial returns. million in 2025 to $7.45

Budget 246

Budget Survey IBM Research 246

CIO Business Intelligence

AUGUST 27, 2024

The imperative for APMR According to IDC’s Future Enterprise Resiliency and Spending Survey, Wave 1 (January 2024), 23% of organizations are shifting budgets toward GenAI projects, potentially overlooking the crucial role of application portfolio modernization and rationalization (APMR). Employ AI and ML to assist in processes.

Applications 275

Applications Agile Strategy Research 275

CIO Business Intelligence

JANUARY 21, 2025

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. Before gen AI, speed to market drove many application architecture decisions.

CTO Hire 356

CTO Hire Fractional CTO Strategy Government 356

CIO Business Intelligence

MARCH 4, 2025

But it was financial services, media, manufacturing, industrials, and engineering that saw the biggest surges in China-linked intrusions last year 200-300% growth rates compared to 2023. The group regularly exploits vulnerabilities in public-facing web applications to gain initial access.

Industry 246

Industry Malware Groups Telecommunications 246

CIO Business Intelligence

MARCH 17, 2025

Broad categories that should be included in a roadmap for AI maturity include strategy and resources; organization and workforce; technology enablers; data management; ethical, equitable, and responsible use; and performance and application, Robbins says. Downplaying data management Having high-quality data is vital for AI success.

Strategy 323

Strategy Government Training Data 323

CIO Business Intelligence

NOVEMBER 18, 2024

The power of modern data management Modern data management integrates the technologies, governance frameworks, and business processes needed to ensure the safety and security of data from collection to storage and analysis. It enables organizations to efficiently derive real-time insights for effective strategic decision-making.

Data 279

Data Artificial Intelligence Intel Analysis 279

CIO Business Intelligence

NOVEMBER 26, 2024

For instance, Capital One successfully transitioned from mainframe systems to a cloud-first strategy by gradually migrating critical applications to Amazon Web Services (AWS). For example, a financial services firm adopted a zero trust security model to ensure that every access request is authenticated and authorized.

Budget 306

Budget Cloud Research Strategy 306

CIO Business Intelligence

MARCH 16, 2025

Super-apps are versatile mobile or web applications integrating multiple services and functionality into a unified platform experience. Our IDC buyer research revealed that 38% of businesses use a super-app to modularize tasks and workflows. The trend is most pronounced in financial services and payments.

Mobile 165

Mobile Banking Applications Financial 165

CIO Business Intelligence

FEBRUARY 18, 2025

This is particularly true when a thorough total cost of ownership and FinOps analysis hasnt been conducted to maximize the business value of cloud investments and enable timely, data-driven decision-making. Optimizing resources based on application needs is essential to avoid setting up oversized resources, he states.

Cloud 311

Cloud Fractional CTO Resources Strategy 311

CIO Business Intelligence

JANUARY 8, 2025

By moving applications back on premises, or using on-premises or hosted private cloud services, CIOs can avoid multi-tenancy while ensuring data privacy. Thats particularly true for industries that cant tolerate latency, such as in payment processing and financial services, says Vunvulea.

Cloud 349

Cloud Budget Data Fractional CTO 349

CIO Business Intelligence

FEBRUARY 27, 2025

The pace of that change has accelerated exponentially, in large part because of external factors: The market changes 2008-2009 was tough for financial services. The financial services industry keeps our economy running. Its even enhanced how I view financial services and the role we play. Also, the industry has purpose.

Banking 262

Banking Industry Financial Video 262

CIO Business Intelligence

FEBRUARY 18, 2025

The reality is that IT budgets are large and financial management is not always a strength of technology teams. What I mean by that is financial planning and management at a strategic level. But a budget cut provides a great opportunity to explore ones spend across run and change operations.

Architecture 316

Architecture Enterprise Enterprise Budget 316

CIO Business Intelligence

DECEMBER 18, 2024

But with recent financial market turbulence, the rise of AI, and buyer consolidation impacting todays market, some have started asking: Is SaaS dead? Theres no denying that AI will be a disruptive force, potentially inverting unit economics for the application layer and catalyzing a shift toward AI-powered services and embedded AI.

Industry 290

Industry Software Software Budget 290

CIO Business Intelligence

DECEMBER 10, 2024

The rise of vertical AI To address that issue, many enterprise AI applications have started to incorporate vertical AI models. These domain-specific LLMs, which are more focused, and tailor-made for specific industries and use cases, are helping to improve the level of precision and detail needed for certain specialized business functions.

Insurance 290

Insurance Engineering Enterprise Enterprise 290

CIO Business Intelligence

FEBRUARY 11, 2025

Theyre a year ahead of the financial target for VMware, and every investment firm is going to be looking for the next VMware. The comparison works a bit, maybe from a stickiness perspective, because customers have built their applications and workload using virtualization technology on VMware, he says. at market close on Feb.

Vmware 287

Vmware Comparison Virtualization Disaster Recovery 287

CIO Business Intelligence

FEBRUARY 26, 2025

And in an October Gartner report, 33% of enterprise software applications will include agentic AI by 2033, up from less than 1% in 2024, enabling 15% of day-to-day work decisions to be made autonomously. Zeroing in on AI developers in particular, everyone is jumping on the bandwagon. Thats what Cisco is doing.

Enterprise 354

Enterprise Enterprise System Data 354

CIO Business Intelligence

NOVEMBER 25, 2024

Overcoming ERP transformation challenges Recognizing its on-prem ERP/warehouse management system was no longer meeting its financial needs from a reporting and analytics perspective, healthcare company LeeSar is in the throes of modernizing by migrating to Oracle Fusion.

Oracle 328

Oracle System Data Applications 328

CIO Business Intelligence

MAY 21, 2024

ERP vendor Epicor is introducing integrated artificial intelligence (AI) and business intelligence (BI) capabilities it calls the Grow portfolio. Epicor Grow FP&A offers embedded financial planning and analysis to enable easy, accurate, and thorough financial reporting.

Artificial Intelligence 317

Artificial Intelligence Industry Applications Financial 317