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Where CIOs should place their 2025 AI bets

CIO Business Intelligence

Examples include scanning invoices, extracting basic contract information, or capturing information from PDF forms. Even simple use cases had exceptions requiring business process outsourcing (BPO) or internal data processing teams to manage. Why should CIOs bet on unifying their data and AI practices?

CTO Hire 356
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What is an IT consultant? Roles, types, salaries, and how to become one

CIO Business Intelligence

Enterprise infrastructures have expanded far beyond the traditional ones focused on company-owned and -operated data centers. IT consultants are often hired to provide companies guidance on what technologies they should use to achieve their aims, according to career website Indeed.

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CIOs’ lack of success metrics dooms many AI projects

CIO Business Intelligence

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.’”

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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. When we acquired DHFL, we had an on-prem data center that has been migrated to the cloud. As a CTO, what are some of the biggest challenges that you face?

CTO Hire 290
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Cost concerns put CIOs’ AI strategies on edge

CIO Business Intelligence

Pay-as-you-go pricing is a way to reduce financial risk by not locking into long-term contracts. Costs that fluctuate in ways even a CFO using advanced data-driven strategy cant fully forecast, thats a massive threat to solvency and can derail the core competencies these executives must protect, he says.

Strategy 317
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Massive modernization: Tips for overhauling IT at scale

CIO Business Intelligence

Its a very long and painful process, notes Don Henderson, CTO at BetaNXT, a wealth management company that provides tech services to clients. That requires carefully crafting contracts that ensure flexibility and leeway to manage those risks with smaller vendors, Mehta says.

System 326
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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO Business Intelligence

“After some time, people have understood the storage needs better based on usage and preventing data extract fees.” I strike this language from all my contracts.” A self-hosted infrastructure is time-intensive, demands specialized expertise, and comes with significant expenses.”

Strategy 351