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5 top business use cases for AI agents

CIO Business Intelligence

In October, Microsoft announced that 100,000 organizations including Standard Bank, Thomson Reuters, Virgin Money, and Zurich Insurance are using Copilot Studio, double the number just months earlier. Software development and IT Cognition released Devin, billed as the worlds first AI software engineer, in March last year.

CTO Hire 359
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Where CIOs should place their 2025 AI bets

CIO Business Intelligence

Examples include scanning invoices, extracting basic contract information, or capturing information from PDF forms. Michael Beckley, CTO and founder of Appian, says document processing is a boring gen AI use case with significant business potential. Even this breakdown leaves out data management, engineering, and security functions.

CTO Hire 356
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Case in point: taking stock of the CrowdStrike outages

CIO Business Intelligence

It was an interesting case study of global cyber impact, says Charles Clancy, CTO at Mitre. Several hospitals canceled surgeries as well, and banks, airports, public transit systems, 911 centers, and multiple government agencies including the Department of Homeland Security also suffered outages. A total of 8.5

CTO Hire 292
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12 AI predictions for 2025

CIO Business Intelligence

Vendors are adding gen AI across the board to enterprise software products, and AI developers havent been idle this year either. 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.

CTO Hire 354
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Piramal CTO Saurabh Mittal on financial services innovation

CIO Business Intelligence

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: What solutions will come up at the innovation lab and which technologies would you be leveraging for developing them? How are you maximizing it for Piramal?

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Arvest Bank reskills IT to support its banking core refresh

CIO Business Intelligence

When Arvest, a regional bank operating in Arkansas, Kansas, Missouri and Oklahoma, hired Laura Merling as chief transformation and operations officer in 2021, one of the first things she changed was its digital transformation plan. We wanted to be the leading community-focused bank serving commercial and small businesses.”

Banking 244
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CTO Dwayne Allen on delivering transcendent business impact

CIO Business Intelligence

Equipped with experiences across a range of industries, a healthy dose of self-awareness, and a passion for learning and people, Allen is redefining the art of the possible as a strategic and innovative CTO. True to his customer-first, business-focused leadership style, he is actively involved with customer interactions as well.

CTO Hire 246