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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. What is an IT consultant?
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. Meanwhile, many enterprise employees turn to unauthorized apps and software to do their jobs, the study says.
With C-suite leaders under increasing pressure to align technology with strategic objectives, many experience that roles — whether CEO, CFO or even CTO — lack the deep technical insight needed to bridge the gap between business and technology. The CTO and CIO handle IT management and technological innovation.
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. Is our AI strategy enterprise-wide?
We may look back at 2024 as the year when LLMs became mainstream, every enterprise SaaS added copilot or virtual assistant capabilities, and many organizations got their first taste of agentic AI. AI at Wharton reports enterprises increased their gen AI investments in 2024 by 2.3
Copilot Studio allows enterprises to build autonomous agents, as well as other agents that connect CRM systems, HR systems, and other enterprise platforms to Copilot. Then in November, the company revealed its Azure AI Agent Service, a fully-managed service that lets enterprises build, deploy and scale agents quickly.
Rule 1: Start with an acceptable risk appetite level Once a CIO understands their organizations risk appetite, everything else strategy, innovation, technology selection can align smoothly, says Paola Saibene, principal consultant at enterprise advisory firm Resultant.
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.
With the deal, which was 10 months in the making , IBM plans to further integrate HashiCorps automation technology into its Red Hat, watsonx, data security, IT automation, and consulting businesses. IBM uses Hashicorp technology in its cloud offerings already.
Youre under this pressure unless youve given up and relinquished responsibility for formulating the organizations technology vision to a chief digital officer, chieftechnologyofficer, or some other titled individual whose job is to make promises you as CIO are supposed to keep. Dont do that.
Its an offshoot of enterprise architecture that comprises the models, policies, rules, and standards that govern the collection, storage, arrangement, integration, and use of data in organizations. Limit the times data must be moved to reduce cost, increase data freshness, and optimize enterprise agility. DAMA-DMBOK 2.
of the Fortune 500 companies have women CEOs. In an AP survey of S&P 500 companies, only 25 of 341 CEOs were women. That disparity extends into the technology sector. The Women in Tech organization reports that 17% of tech companies have a woman CEO, and only 25% of all C-suite jobs are held by women. Only 10.4%
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. Before joining SAP, Steinhuser worked at Boston Consulting Group. SAP introduced a new CTO and two new chief revenue officers.
And some large, cutting-edge enterprises are already beginning to spend money on quantum technology. Error correction is vital for enterprise users of quantum computing, says Yoram Avidan, CTO of Citigroups Innovation Lab and global head of Citi Accelerator. The company plans to deliver a 100-logical-qubit system by 2028.
Poor resource management and optimization Excessive enterprise cloud costs are typically the result of inefficient resource management and a lack of optimization. Many enterprises also overestimate the resources required, leading to larger, more expensive instances being provisioned than necessary, causing overprovisioning.
Combined with an April IDC survey that found organizations launching an average of 37 AI POCs, the September survey suggests many CIOs have been throwing the proverbial spaghetti at the wall to see what sticks, says Daniel Saroff, global vice president for consulting and research services at IDC.
What is a CTO? The chieftechnologyofficer (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.
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.
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. Vendors are adding gen AI across the board to enterprise software products, and AI developers havent been idle this year either.
Questionable outcomes and a lack of confidence in generative AIs promised benefits are proving to be key barriers to enterprise adoption of the technology. Most enterprises, especially outside of tech, face significant barriers to implementing in-house AI infrastructures that are capable of running highly advanced models, he says.
Over the past few years, enterprises have strived to move as much as possible as quickly as possible to the public cloud to minimize CapEx and save money. As VP of cloud capabilities at software company Endava, Radu Vunvulea consults with many CIOs in large enterprises. We see this more as a trend, he says.
Blockchain technology has been generating excitement in the public and private sectors for the past several years for many reasons — a prominent one being support for self-executing contracts commonly referred to as smart contracts. I think it's going to take forever."
HP Enterprise Security Solutions to help 33 U.S. Department of Homeland Security (DHS) has awarded the company a cybersecurity contract worth up to $32.4 Public Sector, HP Enterprise Services. “As More information about HP Enterprise Services’ government business is available at www.hp.com/enterprise/government.
“By explaining the concepts behind AI in a clear manner, the business leader can be introduced to the building blocks for AI, and the IT leader can develop an acceptable strategy,” advises Nidal Haddad, principal at business advisory firm Deloitte Consulting. Yet these topics are often foreign to most business leaders. “It
News like the release below shows how virtuous this firm is being in the enterprise IT domain. Their solutions are now enhancing enterprise defenses in every major sector of the economy and at firms of all sizes. Invincea Announces 54 New Enterprise Customers For its Flagship Enterprise Solution, $8.1M – bg.
This presentation is designed to arm architects with the information they need to efficiently modernize and deliver cost-saving, mission-supporting capabilities to their enterprise. This webinar format will enable us to dynamically present and then interact with the architects, program managers and technology executives attending.
Jim Chilton is an award-winning CIO who serves as the chieftechnologyofficer of Cengage Group, an innovative disruptor in the edtech space. As a business and technology executive, Chilton leverages his unique experiences to drive innovation and optimize technology throughout the company.
CIOs often have a love-hate relationship with enterprise architecture. On the one hand, enterprise architects play a key role in selecting platforms, developing technical capabilities, and driving standards.
This presentation is designed to arm architects with the information they need to efficiently modernize and deliver cost-saving, mission-supporting capabilities to their enterprise. This webinar format will enable us to dynamically present and then interact with the architects, program managers and technology executives attending.
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.
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.
Every enterprise needs a data strategy that clearly defines the technologies, processes, people, and rules needed to safely and securely manage its information assets and practices. They’re having to integrate a massively expanding set of cloud-native services with existing on-premise technologies,” he notes.
Agentic AI, the more focused alternative to general-purpose generative AI, is gaining momentum in the enterprise, with Forrester having named it a top emerging technology for 2025 in June. The company is focused on use-based pricing, with only one customer seat required to administer it, he adds.
If 2023 was the year of experimentation with gen AI, 2024 was when companies zeroed in on use cases and started putting pilot projects into production. Only 14% say theyre losing money, and 66% of companies plan to increase their AI investments compared to 5% that plan to decrease it. And then there are guardrail considerations.
To ensure every IT initiative directly contributes to measurable business outcomes, CIOs must move from operational managers to strategic partners, collaborating with business leaders to align IT decisions with enterprise goals. This can lead to investments that do not deliver tangible outcomes.
By Bob Gourley EnterpriseCTOs are increasingly seeking new ways to enable assistive technologies into mission applications and to assist those with needs in interacting with organizational assets and others in the workforce. This makes the category of Assistive Technologies one of growing importance. Analysis CTO'
With digital operating models altering business processes and the IT landscape, enterprise architecture (EA) — a rigid stalwart of IT — has shown signs of evolving as well. That’s where the opportunity is for enterprise architects, among others.” The transition from monolith to microservices needs a high level of good governance.”
Against a backdrop of disruptive global events and fast-moving technology change, a cloud-first approach to enterprise applications is increasingly critical. Companies that not only survived but thrived amidst the myriad business challenges show why cloud-first application deployment is a critical component of a retooled IT strategy.
The company wanted to leverage all the benefits the cloud could bring, get out of the business of managing hardware and software, and not have to deal with all the complexities around security, he says. “It Epicor has a product roadmap that Allegis is banking on to enable the company to use Prophet 21 to train tasks.
Enterprise architecture definition Enterprise architecture (EA) is the practice of analyzing, designing, planning, and implementing enterprise analysis to successfully execute on business strategies. Another main priority with EA is agility and ensuring that your EA strategy has a strong focus on agility and agile adoption.
Generative AI touches every aspect of the enterprise, and every aspect of society,” says Bret Greenstein, partner and leader of the gen AI go-to-market strategy at PricewaterhouseCoopers. But there’s also the downside: the possibility gen AI will take companies down. We’ve never had a technology touch everyone so rapidly.”
Yet unlike his peers, Wiedenbeck’s dual roles — the top technology executive as well as the transformation lead at Ameritas — are often at odds. As chieftechnologyofficer, Wiedenbeck is driving automation and IT modernization to reduce complexity and technical debt.
Chieftechnologyofficers are key players in the enterprise C-suite, oftentimes working in collaboration with CIOs at the forefront of new and innovative technologies. They are among the most important hires organizations are making today due to the business value that successful technology deployments can bring.
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.
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