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Dun and Bradstreet has been using AI and ML for years, and that includes gen AI, says Michael Manos, the companys CTO. Other surveys found a similar gap. In a November report by HR consultancy Randstad, based on a survey of 12,000 people and 3 million job profiles, demand for AI skills has increased five-fold between 2023 and 2024.
The 2024 Board of Directors Survey from Gartner , for example, found that 80% of non-executive directors believe their current board practices and structures are inadequate to effectively oversee AI. Additionally, they should consult with legal experts to navigate regulations and establish oversight committees.
When addressed properly , application and platform modernization drives immense value and positions organizations ahead of their competition, says Anindeep Kar, a consultant with technology research and advisory firm ISG. The bad news, however, is that IT system modernization requires significant financial and time investments.
Look around and youll see technological, economic, and competitive obstacles that CIOs must not only handle, but defeat. A PwC Global Risk Survey found that 75% of risk leaders claim that financial pressures limit their ability to invest in the advanced technology needed to assess and monitor risks. Risk is inescapable.
It was an interesting case study of global cyber impact, says Charles Clancy, CTO at Mitre. In response to the outage, 84% of companies are either considering diversifying their software and service providers, or are already doing so, according to a survey by Adaptavist released in late January.
In a survey of 2,300 IT decision makers that IBM released in December, 47% say theyre already seeing ROI from their AI investments, and 33% say theyre breaking even on AI. According to experts and other survey findings, in addition to sales and marketing, other top use cases include productivity, software development, and customer service.
And in a January survey by KPMG of 100 senior executives at large enterprises, 12% of companies are already deploying AI agents, 37% are in pilot stages, and another 51% are exploring their use. Weve developed our own agentic AI for code management, says Charles Clancy, CTO at Mitre. And thats just the beginning.
In April of 2023, Censuswide conducted a survey of 608 US respondents from companies with $250m+ revenue. That study focused on CIO and CTO satisfaction with their existing IT support and services models for enterprise software. CIOs and CTOs are frustrated at the many inconveniences of managing multiple vendors.
In an AP survey of S&P 500 companies, only 25 of 341 CEOs were women. That disparity extends into the technology sector. She previously worked at Iron Mountain, where she was Executive Vice President and CTO. Her resume includes stints at Deloitte Consulting, USB Investment Bank, Red Hat, Oracle, GE Digital, and Microsoft.
According to a Bank of America survey of global research analysts and strategists released in September, 2024 was the year of ROI determination, and 2025 will be the year of enterprise AI adoption. But the entire process will need to be reinvented in order to make full use of the technology, says Monteiro.
Case in point was the high turnover rate at road and highway maintenance company AVR Group, and the solutions enacted by its CTO Pierangelo Perdomi to remedy it. I don’t like working completely remotely and the company still requires moments of meeting in person, but if smart working is applicable as a resource, it must be granted.”
An overwhelming 94% of organizations worldwide are embracing a next-generation ERP strategy that involves migrating to cloud platforms and adopting high-end analytics such as artificial intelligence to overcome the limitations of legacy applications and modernize their businesses, according to a survey of 1,675 IT executives by Boomi. .
According to the company’s latest global survey of desk workers, employees spend 37% more time on routine administrative tasks instead. Steve Ross, director of cybersecurity for the Americas at S-RM Intelligence and Risk Consulting, says gen AI can reduce a day’s worth of research to a single hour, but not without a catch. “It
As organizations roll out AI applications and AI-enabled smartphones and devices, IT leaders may need to sell the benefits to employees or risk those investments falling short of business expectations. Nearly three-quarters of employees surveyed said they believe AI devices will make them more productive.
It’s among CIOs’ most persistent and underdiscussed challenges: embracing innovative technologies without losing sight of mounting — and potentially crippling — technical debt. Nearly four in 10 CIOs surveyed recently in a recent CIO Sentiment Survey by IDC said they expect to overspend on digital infrastructure over the next 18 months.
“A pragmatic and structured architectural approach when moving to the cloud is critical,” says William Peldzus, senior director and Center of Excellence head with enterprise consulting firm Capgemini Americas. If they migrated applications, now they can refactor them for the cloud,” he says. “If
Rate of change “The most important metric for IT success is rate of change,” says Nicolas Avila, CTO for North America at IT and software development company Globant. Most modern applications are comprised of many distributed services working together,” he notes. Here they are.
In today’s organizational landscape, where technology wields increasing influence, the role of the CIO has been elevated, particularly catalyzed by the exigencies of the pandemic. The State of the CIO 2024 survey published by CIO, states that 85% of CIOs are becoming a changemaker, increasingly leading business and technology initiatives.
A 2022 survey of 850 IT leaders by Foundry found more than two-thirds were accelerating their cloud migration and nearly three-quarters (72%) were defaulting to cloud-based services for upgrades or new IT purchases. Host Isaac Sacolick ( @nyike ) was joined by a bevy of consultants and practitioners who had no shortage of advice on the topic.
Companies taking a multicloud approach can experience ballooning OpEx numbers, says Barrett Schrader, managing director of the technologyconsulting group at Protiviti: “Organizations can take advantage of volume discounts with reduced complexity. Consumption-based contracts are self-optimizing,” says Gartner’s Buchanan.
But if there are any stop signs ahead regarding risks and regulations around generative AI, most enterprise CIOs are blowing past them, with plans to deploy an abundance of gen AI applications within the next two years if not already. A recent survey of nearly 1,000 IT decision-makers conducted by Foundry underscores this.
Too often, technology companies pay consulting or analyst firms to create metrics based on the best characteristics of their offerings,” says Judith Hurwitz, CEO of Hurwitz Strategies, an emerging technologyconsulting firm. Results may be based on a survey, for instance. Metrics are only as good as their source.
Upskilling takes time, and contracted workers aren’t usually as close to the business as employees. According to The State of the CIO Survey,24% of CIOs view “reinventing infrastructure/applications to meet new requirements” as a challenge holding IT back. for this year, resulting in a net gain of more than 300,000 new jobs.
Some videoconferencing applications now generate transcriptions and summaries, as do standalone tools such as Otter.ai. Digital assistants can also be specialized for specific needs, says Nick Rioux, co-founder and CTO of Labviva, provider of an AI-assisted purchasing solution.
Artificial intelligence and machine learning Unsurprisingly, AI and machine learning top the list of initiatives CIOs expect their involvement to increase in the coming year, with 80% of respondents to the State of the CIO survey saying so. Other surveys offer similar findings. 1 priority among its respondents as well. For Rev.io
At Vault Health, CTO Steve Shi begins enterprise architecture (EA) work with a site survey of the entire IT, application, system, and data infrastructure but restricts it to two weeks with one-hour interviews about each function. At Carrier Global Corp., Steve Shi Vault Health.
Srini Koushik has been passionate about the environment for 35 years and now, as a board member of the nonprofit SustainableIT.org and CTO of cloud services provider Rackspace Technology, he wants to help enterprises achieve sustainability in the cloud. By choosing them, enterprises are almost adopting net zero by proxy,” Koushik says.
“With a focus on automation for customer service and telesales functions, we’re looking at intelligent automation solutions that can help improve customer engagement and self-help capabilities,” says Chris Pendergast, the company’s SVP and CTO.
But by May 2023, according to an IDC survey, 65% of companies were using gen AI, and in September, that number rose to 71%, with another 22% planning to implement it in the next 12 months. Yet according to the IBM survey, data complexity was the second biggest barrier to adoption after lack of expertise, while the cnvrg.io
The Global Workforce Hopes and Fears Survey , conducted by PwC, predicts that one in five workers worldwide may quit their jobs in 2022 with 71% of respondents citing salary as the major driver for changing jobs. The applications had been transformed into SaaS and PaaS environment. This gave us the time to groom the freshers.
According to an O’Reilly survey released late last month, 23% of companies are using one of OpenAI’s models. According to an Ernst & Young survey of 1,200 global CEOs released in late October, 99% are either planning or are already making “significant” investments in generative AI. He’s not the only one.
Cybersecurity will continue to be a top priority for Indian CIOs in the year ahead, according to a recent survey of technology executives by Gartner: 64% of Indian CIOs surveyed said they will increase their spending on security-related technologies in 2022, higher than the global average of 57%. Talent retention.
Migrating infrastructure and applications to the cloud is never straightforward, and managing ongoing costs can be equally complicated. Refactoring applications to take advantage of cloud-native services is vital to maximizing cloud ROI. The requesting team works only at the application layer.
Organizations don’t want fractional allocation — people rolling on to a project and rolling off,” he explains. Establishing technology and business owners also drives collaboration. Gary Jeter, EVP & CTO, Trust One. Gill Haus, CIO for Consumer & Community Banking, JP Morgan Chase.
global inflation rate, an ongoing talent squeeze, and persistent supply issues as a triple threat to CIOs’ ability to realize time to value for their tech investments this year, according to its 2023 Gartner CIO and Technology Executive Survey , which gathered data from 2,203 CIOs in 81 countries and all major industries.
A striking 79% of surveyed CIOs now view their role as a collaborative partner in educating and guiding CEOs and boards. In 2015, we attempted to introduce the concept of big data and its potential applications for the oil and gas industry. It’s easy to blame IT just as it’s easy to blame the consultants. IT’s image problem?
“It seems to be an increasing worry — worry over whether the enterprise is secure and its data is protected, because everything else falls to the wayside if that’s not taken care of first,” says John Buccola, CTO of E78 Partners, which provides consulting and managed services in finance technology and other professional areas.
So the CIO, the technologies they deploy, and the partnerships they form are essential to the future of a more environmentally sustainable way of doing business. Like anything, the hard work is the initial assessment,” says CGI director of business consulting and CIO advisor Sean Sadler.
Two thirds of the CX practitioners, service leaders, analysts, and consultants from around the world who took part in CX Network’s Global State of CX 2024 agreed or strongly agreed they’re increasingly concerned about the ethical use of AI and its future development.
Modern EA strategies now extend this philosophy to the entire business, not just IT, to ensure the business is aligned with digital transformation strategies and technological growth. Gartner: After acquiring The Meta Group in 2005, Gartner established best practices for EAP and adapted them into the company’s general consulting practices.
“Throughout my career I’ve sought to join organizations driving significant technological shifts, and I strongly believe experience management and Qualtrics are at the next frontier of this,” Sundar said in a statement. Kunal Anand, F5’s chief innovation officer. (F5 It laid off more than 1,000 employees in October 2023.
More than nine in 10 IT decision-makers project their budgets will increase in 2025, according to the Forrester 2025 Budget Planning Guide for Technology Executives. Four in 10 IT leaders surveyed by Forrester expect IT budgets to increase by less than 5%, with about the same percentage expecting a rise by 5% to 10%.
And we are surveying 280 people who engaged with us to ensure we are capturing the most important results of the event as well as gaps this community believes we should be collectively tackling to improve the state of analysis. We had analysts at the event capturing content that we will summarize here over the next few weeks.
As Seth Dobbs, CTO at Bounteous, explains, “We do creative work. This is true for every technology company and, increasingly, for nontechnology companies seeking to implement technical solutions. People ask me why they aren’t getting applicants,” she says, “My answer is, ‘You’re not hanging out where these people live.’”
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