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Case in point: taking stock of the CrowdStrike outages

CIO Business Intelligence

Last summer, a faulty CrowdStrike software update took down millions of computers, caused billions in damages, and underscored that companies are still not able to manage third-party risks, or respond quickly and efficiently to disruptions. It was an interesting case study of global cyber impact, says Charles Clancy, CTO at Mitre.

CTO Hire 292
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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. Major enterprise software vendors are also getting into the agent game. followed a couple months later.

CTO Hire 359
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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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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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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. So, we are working on reducing turn-around times for our home loan customers, and instant decisions and disbursements for our unsecured loan customers.

CTO Hire 290
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‘Boomerang’ CIOs: IT leaders level up by coming back

CIO Business Intelligence

Postulka aspired to become a CIO — and he achieved it, landing a job as CIO and senior vice president of technology and operations at the Federal Reserve Bank of Boston. But in 2022, after two years at the bank, Postulka returned to Arbella as vice president and CIO. Moving to Loftware “was an opportunity to go retool this other team.”

CTO Hire 312
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New CIO appointments in India, 2022

CIO Business Intelligence

Amit Goel joins Blox as CTO. Web Werks India hires Kamal Goel as director of IT. Publicis Groupe India names Roopesh Pujari as CTO. Roopesh Pujari has been promoted to CTO at marketing and advertising firm Publicis Groupe India. February 2022. Goel has over 25 years of experience in the IT industry. Kamal Goel Web Werks.