This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Among the recent trends impacting IT are the heavy shift into the cloud, the emergence of hybrid work, increased reliance on mobility, growing use of artificialintelligence, and ongoing efforts to build digital businesses. As a result, making the shift to IT consulting can be a lucrative path to a fulfilling IT career.
The World Economic Forum shares some risks with AI agents , including improving transparency, establishing ethical guidelines, prioritizing data governance, improving security, and increasing education. Examples include scanning invoices, extracting basic contract information, or capturing information from PDF forms.
The 2024 Enterprise AI Readiness Radar report from Infosys , a digital services and consulting firm, found that only 2% of companies were fully prepared to implement AI at scale and that, despite the hype , AI is three to five years away from becoming a reality for most firms. Theyre foundational pieces that an organization has to get right.
Dun and Bradstreet has been using AI and ML for years, and that includes gen AI, says Michael Manos, the companys CTO. 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. Other surveys found a similar gap.
Both types of gen AI have their benefits, says Ken Ringdahl, the companys CTO. The main commercial model, from OpenAI, was quicker and easier to deploy and more accurate right out of the box, but the open source alternatives offered security, flexibility, lower costs, and, with additional training, even better accuracy.
A lack of AI expertise is a problem, however, when other company leaders often turn to CIOs and other IT leaders as the “go-to people” for solving AI problems, says Pavlo Tkhir, CTO at Euristiq, a digital transformation company. “A Until employees are trained, companies should consult with external AI experts as they launch projects, he says.
Caylent, an AWS cloud consulting partner, uses AI to write most of its code in specific cases, says Clayton Davis, director of cloud-native development there. “A lot of the problem with AI-generated code is not necessarily that it doesn’t work right, but that we already do this a certain way.” Some companies are already on the bandwagon.
Weve developed our own agentic AI for code management, says Charles Clancy, CTO at Mitre. We cant do that for security reasons, he says. Mitre has also tested dozens of commercial AI models in a secure Mitre-managed cloud environment with AWS Bedrock. And they dont lend themselves well to an SaaS solution.
Artificialintelligence has moved from the research laboratory to the forefront of user interactions over the past two years. Consulting giant Deloitte says 70% of business leaders have moved 30% or fewer of their experiments into production. IT leaders understand the pain points around governance, implementation, and security.
CIOs must ensure that every technology initiative directly enhances the customer experience by improving personalization, streamlining service delivery, or expanding value propositions. Similarly, Voice AI in call centers, integrated with back-office systems, improves customer support through real-time solutions. federal agencies.
One is going through the big areas where we have operational services and look at every process to be optimized using artificialintelligence and large language models. It can give me the top six oil and gas companies in a particular metro region, and the CEO, CFO, and CTO of each organization, and their background,” he says.
As technologies evolve, CIOs still need to build mutual commitment and support for IT initiatives,” says tech consultant and author Gerald Leonard. In one case, this oversight led to a fragmented IT landscape and security vulnerabilities.” Otherwise, you’ll suggest solutions they’ll never adopt,” he says.
The 36,000-square-foot innovation hub will be led by the company’s CTO, Saurabh Mittal, and Markandey Upadhyay, head of business intelligence unit for Piramal. CIO.com caught up with Mittal to know more about his plans for the innovation lab, as well as the technology strategy for the financial services company.
He has assisted the top management in planning IT strategies and leveraging technologies for rationalizing manpower, enhancing organizational productivity, and improving the efficiency of operations. Amit Goel joins Blox as CTO. Real estate buying platform Blox has appointed Amit Goel as its chieftechnologyofficer, based in Mumbai.
We provide C-level consulting services and strategic support for companies of all sizes. We have a particular expertise in service to firms seeking to leverage emerging technologies to the benefit of end customers. Our CTO as a Service offering puts a seasoned executive on your team. Interested in more information?
With these paid versions, our data remains secure within our own tenant, he says. At Emburse, an expense reimbursement company, software developers use code generation tools like Github Copilot and Amazon Q Developer, which integrate directly into developer environments, says Ken Ringdahl, the companys CTO.
Every enterprise needs a data strategy that clearly defines the technologies, processes, people, and rules needed to safely and securely manage its information assets and practices. Guan believes that having the ability to harness data is non-negotiable in today’s business environment.
However, the effort to build, train, and evaluate this modeling is only a small fraction of what is needed to reap the vast benefits of generative AI technology. Our platform features an AI workbench, plug-and-play generative AI accelerators, and security and compliance. ArtificialIntelligence
The need to grow smartly Gil Westrich’s company, ClearML, is benefiting from increased adoption of artificialintelligence and machine learning (ML) technology. But the CTO and co-founder says that scaling to meet that demand presents its own challenges, which require self-reflection.
The savings are just too big to ignore for a ton of companies,” says David Heinemeier Hansson, the Danish developer of Ruby on Rails and co-owner and CTO of 37signals, which completed a six-month total exit from the cloud last June. “‘Cloud exit’ became a big theme in 2023 and there’s good odds it’ll turn into a real trend for 2024.
As technology projects, budgets, and staffing grew over the past few years, the focus was on speed to market to maximize opportunity, says Troy Gibson, CIO services leader at business and IT advisory firm Centric Consulting. In a modern IT environment, security should be a built-in infrastructure element, not an add-on.
Artificialintelligence 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. And CIOs said the need for security improvements is the top driver of IT budget increases.
Employee training on AI is essential, says Sam Ferrise, CTO at Trinetix, a tech consulting firm. CIOs and CTOs must also set the rules of the road for using AI and navigate or mitigate potential risk and ethics issues, he says. ArtificialIntelligence, Staff Management With gen AI, there’s more enthusiasm.
On the one hand, artificialintelligence has helped both technology departments and the business units to work better, faster, and cheaper. Upskilling takes time, and contracted workers aren’t usually as close to the business as employees. for this year, resulting in a net gain of more than 300,000 new jobs.
More companies in every industry are adopting artificialintelligence to transform business processes. But the success of their AI initiatives depends on more than just data and technology — it’s also about having the right people on board. A data steward also enforces an organization’s policies around data usage and security.
The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Building and deploying intelligent automation CIOs will need to operate more efficiently by accelerating the benefits of automation.
Moreover, undertaking digital transformation and technology modernization programs without an architect can lead to delays, technical debt , higher costs, and security vulnerabilities. The sponsor’s primary responsibility is to secure funding and justify the business value of the investment.
“If you bring the right portfolio of experience,” including data knowledge, business acumen, and information security, “I think any industry will pay relative to their market for their selection of a CIO,” Stephenson says. CIO and CTO positions have become much more important as leadership is starting to look at AI, Janulaitis says.
Wokelo co-founders Saswat Nanda, left, and Siddhant Masson, both worked previously as management consultants. Wokelo Photos) If one promise of artificialintelligence is to minimize mind-numbing business tasks, look no further than the drudgery of doing research for mergers and acquisitions.
Some of the hardest roles to fill include security, and development and data professionals. For Naren Gangavarapu, chief information and digital officer at the Northern Beaches Council in Australia, this lack of access to critical knowledge is mainly related to cybersecurity.
The most important action is to ensure that IT staff are kept current with new and critical technologies. Their views follow: Question: Are any IT jobs in particular jeopardy in light of rapid advances in technology? Dennis Klemenz, CTO, Jovia Financial Credit Union : “I see technology jobs only increasing at companies.
Gathering and processing data quickly enables organizations to assess options and take action faster, leading to a variety of benefits, said Elitsa Krumova ( @Eli_Krumova ), a digital consultant, thought leader and technology influencer. Nichol ( @PeterBNichol ), ChiefTechnologyOfficer at OROCA Innovations.
In an industry where companies typically relied on third-party consultants to analyze their data, we believed our approach was a slam dunk. The CIO’s role is traditionally focused on operations and security, while the CTO, a more recent position, drives innovation and development. IT’s image problem?
What they are finding is that the line between advancing technologically and ensuring AI doesn’t result in detrimental outcomes is thin. The need to secure sensitive information is paramount for ethical AI deployment because AI’s heavy dependency on data increases the risk of breaches and unauthorized access, Wollersheim says.
“Holistic CloudOps is a framework with several layers that help enterprises manage all aspects of their cloud ecosystem,” says Jason Hatch, vice president and cloud center of excellence lead at consulting firm Capgemini Americas. CloudOps “helps drive further adoption and usage of cloud within enterprises.
CIOs are readying for another demanding year, anticipating that artificialintelligence, economic uncertainty, business demands, and expectations for ever-increasing levels of speed will all be in play for 2024. That’s the case for Yi Zhou, CTO and CIO with Adaptive Biotechnologies. We’re piloting, PoC-ing.
CIOs are hardly Luddites, but even some technologists fret about artificialintelligence, the rapid pace of tech evolution, and their ability to keep up. Even CIOs working at organizations that have CISOs to oversee security aren’t spared here, Buccola has found. Here are 10 worries keeping IT leaders up at night.
You don’t want an LLM to guess what’s in a PDF that’s been sitting in your archive for 10 years — especially if it’s your most important contract.” A lot of people are trying to leverage this technology, which seems like it can do everything,” he says, “but that doesn’t mean you should use it for everything.”
Hot: AI and VR/AR With digital transformations moving at full throttle, and a desire to stay innovative, it should come as no surprise that use cases for virtual reality, augmented reality, and artificialintelligence continue to grow in several verticals. This should secure our business strategy for the next five years and longer.”
“Generative AI does have the ability to replace CIOs who don’t embrace the innovative shifts coming for companies,” says Tim Crawford, a former CIO himself and now a CIO strategic advisor at AVOA, a technologyconsultancy. You might have the CIO rolled into a different role, or you might be able to merge the CIO and CTO,” he says.
Artificialintelligence adoption is accelerating across industries, and organizations increasingly recognize the need for dedicated AI leadership at the executive level. This has given rise to the emerging role of Chief AI Officer (CAIO). The CAIO is the leader in formulating and driving an organization's AI strategy.
Even in its infancy, gen AI has become an accepted course of action and application, and the most common use cases include automation of IT processes, security and threat detection, supply chain intelligence, and automating customer service and network processes, according to a report released by IBM in January. There’d be chaos.”
Delayed decision-making Bhadresh Patel, chief digital officer at global consulting firm RGP, sees organization’s showing more caution than usual. We believe that smart technology still holds the biggest promise to improve our client’s operations,” he says. Waiting is a losing strategy.”
King Price, a South Africa-based, privately held short-term insurance provider, were able to radically transform their business strategy, increasing system resilience, customer expansion and market adaptability in the process of adopting cloud technology. CIO Africa: And how did you secure buy-in from business?
We organize all of the trending information in your field so you don't have to. Join 83,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content