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RIP (finally) to the blockchain hype

CIO Business Intelligence

A recent criticism of blockchain comes from Jim Fowler, CTO at insurance carrier Nationwide. While insurance carriers were an early example of potential users , Fowler talks about blockchain as an example of how to avoid getting distracted by shiny, new technologies.

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Where CIOs should place their 2025 AI bets

CIO Business Intelligence

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

CTO Hire 356
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Case in point: taking stock of the CrowdStrike outages

CIO Business Intelligence

It was an interesting case study of global cyber impact, says Charles Clancy, CTO at Mitre. billion for Fortune 500 firms alone, according to an analysis by Parametrix, and total economic damages could run into tens of billions, Nir Perry, CEO of cyber insurance risk platform Cyberwrite, told Reuters.

CTO Hire 281
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5 top business use cases for AI agents

CIO Business Intelligence

In October, Microsoft announced that 100,000 organizations including Standard Bank, Thomson Reuters, Virgin Money, and Zurich Insurance are using Copilot Studio, double the number just months earlier. Major enterprise software vendors are also getting into the agent game. followed a couple months later. And thats just the beginning.

CTO Hire 359
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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. Indeed lists various salaries for IT consultants.

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12 AI predictions for 2025

CIO Business Intelligence

Vendors are adding gen AI across the board to enterprise software products, and AI developers havent been idle this year either. According to a Bank of America survey of global research analysts and strategists released in September, 2024 was the year of ROI determination, and 2025 will be the year of enterprise AI adoption.

CTO Hire 354
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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO Business Intelligence

To be sure, enterprise cloud budgets continue to increase, with IT decision-makers reporting that 31% of their overall technology budget will go toward cloud computing and two-thirds expecting their cloud budget to increase in the next 12 months, according to the Foundry Cloud Computing Study 2023.

Strategy 351