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Banks bet on AI to deliver digital efficiencies

CIO Business Intelligence

In the face of shrinking budgets and rising customer expectations, banks are increasingly relying on AI, according to a recent study by consulting firm Publicis Sapiens. Depending on how far banks are developed in the areas of customer leadership and operational leadership, the study’s authors divided the banks surveyed into four groups.

Banking 353
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How will AI agents be priced? CIOs need to pay attention

CIO Business Intelligence

Conversations and subscriptions A per-conversation model seems to be an emerging approach, says Sesh Iyer, managing director, senior partner, and North America regional chair at BCG X, Boston Consulting Groups IT building and designing group. That is until they see a spike and burn through half of their budget in a few weeks.

Budget 322
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Data center spending to top $1 trillion by 2029 as AI transforms infrastructure

Network World

trillion by 2029, up from $430 billion in 2024, according to DellOro Group. Enterprises are now spending about 35% of their data center CapEx budgets on accelerated servers optimized for AI, up from 15% in 2023, says DellOro analyst Baron Fung. As a result, data center CapEx spending will hit $1.1 Much of this growth is due to AI.

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SAP customers struggle with S/4HANA migration

CIO Business Intelligence

At the same time, in more than six out of each 10 cases, the planned budget for the S/4HANA migration was superceded: According to the study, budgets have been exceeded significantly in one quarter of migrations, and significantly in another 40%. The interviews were conducted in the first quarter of 2025.

SAP 283
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Overcoming the 6 barriers to IT modernization

CIO Business Intelligence

Budget constraints Barrier: IT modernization requires substantial investment, and budget constraints are a common hurdle. Solution: To address budget constraints, organizations should adopt a strategic approach to funding IT modernization. IDC is a wholly owned subsidiary of International Data Group (IDG Inc.),

Budget 306
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Next-gen Ethernet standards set to move forward in 2025

Network World

IEEE Working Group leads, seeking proof of viability for 200G/lane, were able to rely on the Ethernet Alliances test and measurement community to facilitate a pathfinding test session over the summer and provide results before a final specification draft. Rodgers, Ethernet Alliance events & conference chair, told Network World.

Network 468
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IT leaders adjust budget priorities as economic outlook shifts

CIO Business Intelligence

Budget planning during uncertain economic times is never CIOs’ favorite activity. For the most part, budgets are holding steady or growing in the single digits, with continued investments in security, analytics, and the cloud, among other areas. But the next eighteen months aren’t shaping up to be as challenging as some may fear.

Budget 331