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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.
Questionable outcomes and a lack of confidence in generative AIs promised benefits are proving to be key barriers to enterprise adoption of the technology. Sastry Durvasula, chief operating, information, and digital officer at TIAA, firmly believes consumption-based pricing is the best model for business organizations AI strategies.
What is a CTO? The chieftechnologyofficer (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.
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.
Enterprise architecture definition Enterprise architecture (EA) is the practice of analyzing, designing, planning, and implementing enterprise analysis to successfully execute on business strategies. Of course, to implement any EA strategy, you will also need to ensure that you have buy-in from other executives and stakeholders.
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.
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. Poor planning Enterprises risk running into trouble if they lack a detailed cloud strategy. “A
Tech debt can take many forms — old applications, bloated code, and aging hardware among them — and while the issue often takes a back seat to innovation and new technology, it is on the minds of a lot of CIOs. You need to have an architecture, design, and plan that allows you to course correct along the way.
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.
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.
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.
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
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%. Sustainability.
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.
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-time CTO for nine companies in the US and Europe.
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.
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. Geographical nuances are also arising.
The world has flipped since 2022,” says David McCurdy, chief enterprise architect and CTO at Insight. You now have the ability to jump over processes that have existed for years, sometimes decades, because of generative technology.” Then gen AI came out. It’s transforming some of our workflows.”
Proliferation of agentic AI According to a Capgemini survey of 1,100 executives at large enterprises, 10% of organizations already use AI agents, more than half plan to use them in the next year, and 82% plan to integrate them within the next three years. Most of us in AI are software engineers,” he says.
The numbers are higher from Foundry’s 2023 State of CIO survey , which finds that 91% of CIOs expect their tech budgets to either increase or stay the same in 2023. This applies to his IT group as well, specifically, in using AI to automate the review of customer contracts, Nardecchia says.
What are some of the technical challenges for CSPs as they improve their digital experience architectures? With today’s modern architectures, it is now possible to decouple the customer experience layer from the systems of record and allow each to evolve at their own pace. TM Forum Open Digital Architecture.
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.
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.,
According to a September IDC survey , 70% of CIOs reported a 90% failure rate for their custom-built AI app projects, and two-thirds reported a 90% failure rate with vendor-led AI proof-of-concepts. The Boston Consulting Group, in fact, says companies that have adopted AI early claim 1.5 And Rand Corp. And theyre seeing returns.
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