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RIP (finally) to the blockchain hype

CIO Business Intelligence

The excitement has faded so much that the IT analyst firm may not release another hype cycle chart for blockchain, says Adrian Leow, vice president in Gartners applications and software engineering leaders group. A recent criticism of blockchain comes from Jim Fowler, CTO at insurance carrier Nationwide.

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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. Examples include scanning invoices, extracting basic contract information, or capturing information from PDF forms.

CTO Hire 356
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Case in point: taking stock of the CrowdStrike outages

CIO Business Intelligence

It was an interesting case study of global cyber impact, says Charles Clancy, CTO at Mitre. billion for Fortune 500 firms alone, according to an analysis by Parametrix, and total economic damages could run into tens of billions, Nir Perry, CEO of cyber insurance risk platform Cyberwrite, told Reuters.

CTO Hire 281
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5 top business use cases for AI agents

CIO Business Intelligence

In October, Microsoft announced that 100,000 organizations including Standard Bank, Thomson Reuters, Virgin Money, and Zurich Insurance are using Copilot Studio, double the number just months earlier. Weve developed our own agentic AI for code management, says Charles Clancy, CTO at Mitre.

CTO Hire 359
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What is an IT consultant? Roles, types, salaries, and how to become one

CIO Business Intelligence

IT consultants are often hired to provide companies guidance on what technologies they should use to achieve their aims, according to career website Indeed. These include strategy consultants, systems consultants, and security consultants, among others, says Paul Farnsworth, CTO attechnology careers site Dice.

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12 AI predictions for 2025

CIO Business Intelligence

Theres too much attention on AI for code development, which is actually just a fraction of the whole software development process. Take for example the use of AI in deciding whether to approve a loan, a medical procedure, pay an insurance claim or make employment recommendations. Now, it will evolve again, says Malhotra.

CTO Hire 354
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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO Business Intelligence

“After some time, people have understood the storage needs better based on usage and preventing data extract fees.” I often ask vendors to walk me through their product quote and explain what each product SKU or line item is, such as the cost for an application with the microservices and containerization,” Phelps says.

Strategy 351