article thumbnail

Companies look to sell off assets to pay for AI investments

CIO Business Intelligence

CIOs worried about where the money for new AI initiatives will come from may have some help on the way, with some companies apparently selling off non-core assets to pay for new AI projects. AI is both a huge potential gamechanger for many companies and a huge expense to get right, he says.

Company 325
article thumbnail

Why thinking like a tech company is essential for your business’s survival

CIO Business Intelligence

To thrive in todays business environment, companies must align their technological and cultural foundations with their ultimate goals. The phrase every company is a tech company gets thrown around a lot, but what does that actually mean? To us, its not just about using technology its about thinking like a tech company.

Company 310
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

IT frustration costs companies more than $100 million a year — with shadow IT the only user solution

CIO Business Intelligence

The average large enterprise lost $104 million to digital inefficiencies in 2024, driven by productivity losses connected to employee IT frustrations and hundreds of ghost apps flying under the radar, according to a new study. At issue is the complexity and number of applications employees must learn, and switch between, to get their work done.

article thumbnail

Google bets on nuclear power to drive AI expansion

Network World

Google has signed its first corporate deal to purchase power from multiple small modular reactors (SMRs) to meet the energy needs of its AI systems, marking a key step as AI companies shift toward nuclear power. This move comes as other major tech companies are also exploring nuclear power as a sustainable energy source.

Google 476
article thumbnail

Brace for Impact. Unpredictable Tariff Disruptions Are Here––Your Playbook

Drawing on our work with global companies across manufacturing, automotive, pharmaceuticals, semiconductors, software, technology, financial services, and a range of service industries, we outline the key strategic and tactical actions companies are taking to navigate this period of heightened uncertainty.

article thumbnail

China launches anti-monopoly probe into Nvidia amid rising US-China chip tensions

Network World

The SAMR statement did not specify how Nvidia may have violated anti-monopoly laws but suggested the company might have failed to adhere to commitments made during the Mellanox deal, the report added. We are happy to answer any questions regulators may have about our business, the company further added.

Industry 459
article thumbnail

Microsoft’s Veeam partnership signals data resiliency market shift

Network World

based company going public, but Veeam is nearing $2 billion in revenue and maintains healthy margins so theres no urgency to join the capital markets. Historically, a company like Microsoft would build software and customers would use a product like Veeam to protect it and provide backup services when required.

Data 431
article thumbnail

How a Global CPG Leader Optimized $500M of Direct Materials Spend and Exceeded Savings Goal

A Fortune 500 CPG company partnered with GEP to improve end-to-end category management, optimize direct spend categories, and increase strategic focus on tail spend. This is essential reading for all procurement and supply chain leaders.

article thumbnail

2024 Salary Guide

With detailed pay rate data for top IT positions like Cybersecurity Consultants, Cloud Engineers, and Salesforce Developers, this guide is an essential resource for companies looking to stay competitive in today’s evolving workforce landscape. Download the guide to navigate 2024’s talent market with confidence. Download today!

article thumbnail

Next-Generation Fulfillment Strategies and Operating Models: A Strategic Playbook

Faced with many fulfillment constraints and older operating models that can’t keep up, companies must look to the future. Download this GEP playbook to learn more about the next generation of fulfillment strategies and operating models.

article thumbnail

The Impact of AI on the Modern Recruitment Landscape

By combining the efficiency of AI with the expertise of experienced recruiters, you can identify the ideal candidates who not only possess the necessary skills but also align with your company culture.

article thumbnail

Improving the Accuracy of Generative AI Systems: A Structured Approach

Speaker: Anindo Banerjea, CTO at Civio & Tony Karrer, CTO at Aggregage

💥 Anindo Banerjea is here to showcase his significant experience building AI/ML SaaS applications as he walks us through the current problems his company, Civio, is solving. The number of use cases/corner cases that the system is expected to handle essentially explodes.

article thumbnail

Resilience and Sustainability in the Cost-Plus World

How can companies mitigate risks and build supply chain resilience? Almost 69% of businesses fear they’ll lose 10% of their revenues in 2022 due to supply chain disruptions, according to a GEP sponsored report from The Economist. Find out how!

article thumbnail

LLMs in Production: Tooling, Process, and Team Structure

Speaker: Dr. Greg Loughnane and Chris Alexiuk

Register today to save your seat! December 6th, 2023 at 11:00am PST, 2:00pm EST, 7:pm GMT

article thumbnail

Launching LLM-Based Products: From Concept to Cash in 90 Days

Speaker: Christophe Louvion, Chief Product & Technology Officer of NRC Health and Tony Karrer, CTO at Aggregage

Christophe Louvion, Chief Product & Technology Officer of NRC Health, is here to take us through how he guided his company's recent experience of getting from concept to launch and sales of products within 90 days.