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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.
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.
But according to a recent survey from IDC, cost concerns are another top gen AI roadblock, with 46% of 1,000-plus IT pros surveyed saying the lack of predictability in pricing is a primary obstacle to implementing gen AI at their organizations. Premium pricing for gen AI services is another CIO concern, IDC and CIOs note.
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. Theres too much attention on AI for code development, which is actually just a fraction of the whole software development process.
What is a CTO? The chief technology officer (CTO) is the senior executive who focuses on the technological requirements, opportunities, and challenges within an organization. What does a CTO do? What does a CTO do? Years ago, the CTO most often led the infrastructure function.
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. Here are five steps CIOs who are veterans of the process recommend. At Carrier Global Corp.,
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. He notes that multiyear contracts can lock unwary clients into expensive, inflexible consumption models.
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. nyike The best way to avoid hidden #cloud costs is to read every word in the contract.
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%. CIO’s top concern: cybersecurity.
West Monroe’s Tanowitz agrees, saying, “There’s cloud spend where immature governance approaches have resulted in excess consumption that can be reduced when a holistic cloud architecture approach is taken.” Consumption-based contracts are self-optimizing,” says Gartner’s Buchanan.
Be strategic with reserve pricing Reserve pricing for cloud services can reduce resource usage costs by as much as 70%, says David McKee, who in his role as fractionalCTO, tech founder, and digital twins thought leader at Counterpoint Technologies acts as a part-timeCTO for nine companies in the US and Europe.
The CIO’s biggest hiring challenge is clear: “There is simply not enough talent to go around,” says Scott duFour, global CIO of business payments company Fleetcor, for whom positions in areas such as AI, cloud architecture, and data science remain the toughest to fill. Chan says. “The Geographical nuances are also arising.
This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). This applies to his IT group as well, specifically, in using AI to automate the review of customer contracts, Nardecchia says.
According to an O’Reilly survey released late last month, 23% of companies are using one of OpenAI’s models. When assessing vendors, Rich Products looks at their technology, architecture, business value, and pragmatic perspective. Insight has a partner contract management team that looks closely at vendor agreements. “If
Forrester estimates about a third of organizations have either made or are in the process of orchestrating the shift to product-centric structures with more to follow as cloud migration gives IT a platform to retool for greater business agility, according to Charles Betz, vice president and research director for enterprise architecture at Forrester.
Lustig and Sabett put it this way: Historically, M&A due diligence focused on “traditional” risk areas such as tax, employment and benefits, intellectual property protection, and contracts (inbound and outbound). Understanding of the security architecture. Indications of compliance problems.
In July, New York City started enforcing new rules about the use of AI in hiring decisions. The world has flipped since 2022,” says David McCurdy, chief enterprise architect and CTO at Insight. Data warehouses then evolved into data lakes, and then data fabrics and other enterprise-wide data architectures. Then gen AI came out.
Ahead in a broad market In Morgan Stanley’s quarterly CIO survey, 38% of CIOs expected to adopt Microsoft Copilot tools over the next 12 months. Good data hygiene, and information architecture has always been a problem,” Wong says. People need to consider this when building their applications. This isn’t a new issue.
There is a growing disconnect between the increasing sophistication of cybersecurity threats and the preparedness of IT teams to combat them, according to the O'Reilly 2024 State of Security Survey report which surveyed more than 1,300 IT professionals.
Herding Cats: A Primer for Programmers Who Lead Programmers By Hank Rainwater If you are looking for advice on fine-tuning your approach to leading programmers, Matt Aird, CTO of Custom Neon and co-owner of Infoactive Media, recommends Herding Cats: A Primer for Programmers Who Lead Programmers. Timeless lessons indeed.”
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