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3% IT budget increases fueled by AI, security, networking

Network World

IT budgets are seeing modest increases, according to recent survey data, with businesses looking to invest their IT dollars in artificial intelligence, data analytics, networking and more. and Canada in the first half of 2024 for its annual Computer Economics IT Spending and Staffing Benchmarks 2024/2025 study.

Budget 458
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How to prioritize AI initiatives: A strategic framework for maximizing ROI

CIO Business Intelligence

This quote sums up the need for companies to prioritize artificial intelligence (AI) initiatives and also captures the state of the AI race today. Leadership and governance Leadership is crucial in ensuring that AI initiatives align with business goals. Theres no avoiding it. Mark Cuban.

How To 302
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How DPDP Act will define data privacy in the digital-first world

CIO Business Intelligence

In CIOs 2024 Security Priorities study, 40% of tech leaders said one of their key priorities is strengthening the protection of confidential data. This culture continuous learning and vigilance can help transform the workforce into a strong line of defence against cyber threats, ensuring data security and operational resilience.

Data 147
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How resilient CIOs future-proof to mitigate risks

CIO Business Intelligence

However, as AI is deeply integrated into business processes, it also opens up new attack surfaces and vulnerabilities. Reinforcing this claim, one in four IT executives from the 2023 AI Priorities Study believe their organization is moving too fast when it comes to deploying gen AI.

Strategy 264
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How strategic partnerships are the key to AI-driven innovation

CIO Business Intelligence

“Innovate or die,” Peter Drucker’s 1985 exhortation on the importance of constant reinvention, was great business advice for the last 40 or so years. According to an EXL Enterprise AI study , 74% of C-level leaders say data silos have been a barrier to enterprise-wide AI implementation. Artificial Intelligence

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AI innovation: Bridging the expectations gap with Avaya

CIO Business Intelligence

Our philosophy not only addresses the pressing needs of today but sets a foundation for sustainable growth and continuous improvement – without risking resiliency or stability. As businesses continue to navigate the complexities of digital transformation, the ability to seamlessly integrate AI becomes increasingly critical.

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Redefining enterprise transformation in the age of intelligent ecosystems

CIO Business Intelligence

What we consistently overlooked were the direct and indirect consequences of disruption to business continuity, the challenges of acquisitions and divestitures, the demands of integration and interoperability for large enterprises and, most of all, the unimpressive track record for most enterprise transformation efforts.