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Cost, security, and flexibility: the business case for open source gen AI

CIO Business Intelligence

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.

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5 top business use cases for AI agents

CIO Business Intelligence

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.

CTO Hire 359
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Case in point: taking stock of the CrowdStrike outages

CIO Business Intelligence

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.

CTO Hire 189
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5 ways to maximize your cloud investment

CIO Business Intelligence

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 fractional CTO, tech founder, and digital twins thought leader at Counterpoint Technologies acts as a part-time CTO for nine companies in the US and Europe.

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New CIO appointments in India, 2022

CIO Business Intelligence

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.

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Weighing risk and reward with gen AI vendor selection

CIO Business Intelligence

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.

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The year’s top 10 enterprise AI trends — so far

CIO Business Intelligence

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.