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Both types of gen AI have their benefits, says Ken Ringdahl, the companys CTO. The main commercial model, from OpenAI, was quicker and easier to deploy and more accurate right out of the box, but the open source alternatives offered security, flexibility, lower costs, and, with additional training, even better accuracy.
Weve developed our own agentic AI for code management, says Charles Clancy, CTO at Mitre. The best use case that seems to work well is in repository management, where itll go through and do bug fixes of code repositories. We cant do that for security reasons, he says. There are too many separate tasks in too many places.
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.
Be strategic with reserve pricing Reserve pricing for cloud services can reduce resource usage costs by as much as 70%, says David McKee, who in his role as fractionalCTO, tech founder, and digital twins thought leader at Counterpoint Technologies acts as a part-timeCTO for nine companies in the US and Europe.
He has assisted the top management in planning IT strategies and leveraging technologies for rationalizing manpower, enhancing organizational productivity, and improving the efficiency of operations. Amit Goel joins Blox as CTO. Web Werks India hires Kamal Goel as director of IT. February 2022. Kamal Goel Web Werks.
There’s bias in both the training data sets and in the results, and there are ethical concerns, runaway costs, integration challenges, model drift, lack of transparency, data security risks, plagiarism risks, and regulatory risks. Established vendors are racing to add generative AI to their products and services as well.
In July, New York City started enforcing new rules about the use of AI in hiring decisions. The world has flipped since 2022,” says David McCurdy, chief enterprise architect and CTO at Insight. One thing buyers have to be careful about is the security measures vendors put in place. Then gen AI came out.
The most obvious answer is pay a premium for the best talent, or hire consultants with modern skills. How can you address the skills gap if you can’t afford to hire a bunch of new employees? Now, this doesn’t mean you need a physical structure or need to hire a bunch of new people. How can you address this challenge?
Regardless of the nature of the projects and deliverables, or whether customers are internal or external to the organization, CTOs and now CIOs recognize they must provide continuous value if they are to stay relevant, says Phil Purdy, acting CTO of Australian-based IMRnext. People perceive it as the enemy of thoughtful planning.
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