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Technology companieshire chief technology officers to lead research into new products and projects. But should IT departments in non-technology companies consider hiringCTOs as well?
Dun and Bradstreet has been using AI and ML for years, and that includes gen AI, says Michael Manos, the companysCTO. But not every company can say the same. These are also areas where organizations are most willing to use contract talent. Weve been innovating with AI, ML, and LLMs for years, he says.
Job titles like data engineer, machine learning engineer, and AI product manager have supplanted traditional software developers near the top of the heap as companies rush to adopt AI and cybersecurity professionals remain in high demand. Many companies are still hiring developers, but not at the same rate as five years ago.
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.
Then in November, the company revealed its Azure AI Agent Service, a fully-managed service that lets enterprises build, deploy and scale agents quickly. According to a Capgemini survey released in mid 2024, 60% of executives at large companies say that AI agents will handle most of the coding in enterprises within three to five years.
Whereas robotic process automation (RPA) aims to automate tasks and improve process orchestration, AI agents backed by the companys proprietary data may rewire workflows, scale operations, and improve contextually specific decision-making.
SAP CTO Juergen Mueller will step down from SAP’s executive board at the end of September. “I I want to address an incident at a past company event where my behavior was inappropriate. I take full responsibility and believe stepping down is best for the company. It’s not the first reshuffling of SAP’s executive board this year.
What is a CTO? The chief technology officer (CTO) is the senior executive who focuses on the technological requirements, opportunities, and challenges within an organization. What does a CTO do? What does a CTO do? Years ago, the CTO most often led the infrastructure function.
Enterprise infrastructures have expanded far beyond the traditional ones focused on company-owned and -operated data centers. This increased complexity means more companies will be relying on IT consultants to help navigate the changes and develop short-term and long-term strategies.
The ideal approach, some say, is to make AI as much a part of HR strategy as it is part of IT strategy. Plus, 45% would like it to be a right, while 31% see it as a company benefit. When I joined AVR, the CEO asked me to take on the role of innovation manager to improve the company’s ability to attract and retain talent.
Generative AI has seen faster and more widespread adoption than any other technology today, with many companies already seeing ROI and scaling up use cases into wide adoption. The company says it can achieve PhD-level performance in challenging benchmark tests in physics, chemistry, and biology.
These nation-state threat actors, as Grimes described, infiltrate companies worldwide by posing as IT contractors and employees, allowing the North Korean government to generate revenue and potentially compromise sensitive systems. Grimes, KnowBe4's Data-Driven Defense Evangelist, opened the session with a warning. and Europe very quickly."
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. Formulate a plan to bring those workstreams up to speed.
If a model hallucinates just 5% of the time, thats enough for most users to consider it useless. They couldnt hire people from outside either, because they hadnt anticipated the need early enough to put it in their budgets. The CIO has to be an evangelist, educator, and realist all at the same time, says Fernandes.
The IDC survey results are “alarming,” both that nearly a third of CIOs don’t understand the success metrics and that 90% or more of POCs are failing , adds David Curtis, CTO at RobobAI, a fintech using AI to help companies manage supply chains. We could hire five people.’”
What does it mean to be a CTO for a startup? Should a startup CTO spend their time programming? The role of a CTO varies as the company matures. Here’s a graphic from Socal CTO that illustrates the roles as they change over time: In its earliest days, a startup’s top need is often to produce a product.
As a business and technology executive, Chilton leverages his unique experiences to drive innovation and optimize technology throughout the company. After the show, we spent some more time talking about Chilton’s experience as a P&L leader and how that has contributed to his success as a CTO.
The 36,000-square-foot innovation hub will be led by the company’sCTO, 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.
The US Army adopted TBM practices about five years ago in its financial management and contract processes, says Katie McAteer, chief of strategic business transformation and optimization there. The company relies on IT to drive innovation, efficiency, and competitive advantages.
Since AI is new for most companies, this creates a budgeting challenge for their AI initiatives. That uncertainty creates a challenge for risk-averse companies that must work within budget constraints. Pay-as-you-go pricing is a way to reduce financial risk by not locking into long-term contracts.
SAP is starting the 2025 financial year with a new executive board.The German software company announced that 39-year-old Sebastian Steinhuser will be promoted to the executive board. There are also changes in the second management row at the Walldorf, Germany-based company. SAP introduced a new CTO and two new chief revenue officers.
LinkedIn Photo) Microsoft’s Teresa Hutson has taken the role of corporate vice president for the company’s newly created Trusted Technology Group. LinkedIn Photo) — In other Microsoft news, Rima Alaily is now head of the Infrastructure Legal Affairs team at the company. Teresa Hutson. ” Christy Marble. .
Few would swap sunny San Francisco and the innovation of Silicon Valley for a train ticketing company serving disgruntled UK commuters, but try telling that to Trainline CTO, Milena Nikolic. The company sold more than 204 tickets every minute. The company sold more than 204 tickets every minute.
The UK study also revealed that women of all backgrounds and ethnicities make up around 22% (approximately 424,000), compared to 48% of the entire UK workforce, with Black women in particular facing a wide range of obstacles, including discrimination and being accused by colleagues or superiors of being merely ‘diversity hires.’
To achieve this, SAP must continuously harmonize its product landscape and consistently implement uniform standards, for example, in data models and identity and security services, said DSAG CTO Sebastian Westphal. The CTO emphasizes that all newly developed functions by SAP are fully integrated into the overall system.
As a platform company, well be able to price every SKU in real time, push personalized product recommendations, and bundle solutions. The first hire we made in our platform journey was a chief data officer with experience from Instagram and Priceline. We then hired talent from the hyper-scalers, as well from Google and Meta.
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.
Product managers aren’t a new job category by any means, but this shift means that they’re newly prominent and important to many companies’ strategies. As a result, many corporate leaders who are used to hiring for IT now have to learn what makes a good product manager as they seek to fill these roles.
No offense to software contractors, but given the choice I usually prefer to build software with hired employees. By signing on as employees, engineers demonstrate belief in the mission and commitment to the long-term success of the company.
Travel and expense management company Emburse saw multiple opportunities where it could benefit from gen AI. To solve the problem, the company turned to gen AI and decided to use both commercial and open source models. Both types of gen AI have their benefits, says Ken Ringdahl, the companysCTO.
For Adrian Butler, who has been CTO of the $8 billion global business for about two years, the key is to focus on the data that matters most, and to help the entire business understand how to use its data to inform decisions and better serve customers. How did you achieve this integration? The second is thought leadership.
Goodale previously served as CTO at Convoy, the Seattle trucking marketplace startup valued at nearly $4 billion before it shut down in 2023. He began as CTO and later moved into a chief experience officer position before stepping down in 2023. Seattle venture firm Graham & Walker hired Ryan Hughes as its new chief of staff.
The company has already rolled out a gen AI assistant and is also looking to use AI and LLMs to optimize every process. And in August, OpenAI said its ChatGPT now has more than 200 million weekly users — double what it had last November, with 92% of Fortune 500 companies using its products. billion estimate in May.
Temporal co-founders Samar Abbas (left), CTO, and Maxim Fateev, CEO. Temporal Photo) Temporal , a Seattle startup that helps companies write and run cloud applications, raised $146 million. The company is now valued at $1.72 billion at the time. billion up slightly from 2022, when it raised $103 million at a $1.5
Still, CIOs have reason to drive AI capabilities and employee adoption, as only 16% of companies are reinvention ready with fully modernized data foundations and end-to-end platform integration to support automation across most business processes, according to Accenture. Paul Boynton, co-founder and COO of Company Search Inc.,
Our company is about 176 years old, so weve got a lot of legacy systems that are older than me, says Mehta, executive vice president and chief information and strategy officer at National Life Group. Its a very long and painful process, notes Don Henderson, CTO at BetaNXT, a wealth management company that provides tech services to clients.
(GeekWire Photo / Kevin Lisota) Docusign announced an agreement to acquire Lexion for $165 million, signaling plans to integrate the Seattle-based company’s AI-powered contract management technology into its Intelligent Agreement Management Platform.
And with his dual titles at the company—CIO and CTO—Rex Lee is in the driver’s seat to support digital transformation and implement shared knowledge across teams and management. We didn’t have to compete with priorities of getting money into the company to keep it running. There was no real IT in business. Whatever you needed.
For the past few years, IT leaders at a US financial services company have been struggling to hire data scientists to harness the increasing flood of incoming data that, if used properly, could improve customer experience and drive new products. To deal with this hiring problem, they’ve had to get creative.
As VP of cloud capabilities at software company Endava, Radu Vunvulea consults with many CIOs in large enterprises. While up to 80% of the enterprise-scale systems Endava works on use the public cloud partially or fully, about 60% of those companies are migrating back at least one system. We see this more as a trend, he says.
The Polana AI co-founders, from left: CEO Maria Zhang, Chief Scientist Steve Liu, and CTO Tim Howes. based company is led by co-founder and CEO Maria Zhang , who previously founded Bellevue, Wash.-based and is interviewing for a couple more potential hires. Palona AI officially launched Thursday with $10 million in seed funding.
They are among the most important hires organizations are making today due to the business value that successful technology deployments can bring. To perform the job optimally in today’s fast-changing and unpredictable environment, CTOs must possess the right mix of skills and inclinations.
based cybersecurity company Tanium added two new board members: Rani Johnson and Tim Millikin. The company raised $150 million in early 2021. Other key personnel changes across the Pacific Northwest tech industry: — The City of Seattle announced Thursday it hired Rob Lloyd as its interim CTO and director of the IT department.
F5 Photo) — Seattle-based networking and security giant F5 hired John Maddison as chief product marketing and technology alliances officer. Maddison was previously at California-based computer and network security company Fortinet for more than 12 years, leaving the role of chief marketing officer. F5 plans to hire a new CTO.
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