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Cost concerns put CIOs’ AI strategies on edge

CIO Business Intelligence

Sastry Durvasula, chief operating, information, and digital officer at TIAA, firmly believes consumption-based pricing is the best model for business organizations AI strategies. Pay-as-you-go pricing is a way to reduce financial risk by not locking into long-term contracts. But it doesnt have to be that way.

Strategy 317
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Where CIOs should place their 2025 AI bets

CIO Business Intelligence

As gen AI heads to Gartners trough of disillusionment , CIOs should consider how to realign their 2025 strategies and roadmaps. Examples include scanning invoices, extracting basic contract information, or capturing information from PDF forms. Even this breakdown leaves out data management, engineering, and security functions.

CTO Hire 356
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SAP restructures board to emphasize AI-first, suite-first strategy

CIO Business Intelligence

In the future, Steinhuser will head the newly created Strategy & Operations board group and, in this position, will continue to drive the implementation of SAPs strategy and simplify company processes. Steinhuser joined SAP in 2020 and has held various roles, including chief strategy officer.

SAP 225
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What is a CTO? The exec who sets tech strategy

CIO Business Intelligence

What is a CTO? The chief technology officer (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.

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6 ways you’re failing at change management

CIO Business Intelligence

You wouldnt hire someone who doesnt know how to write code to develop your software, so why would you expect a project manager or business analyst to drive change management? Leaders should prioritize communication strategies that foster trust and transparency, explaining not just what changes are happening but why they matter.

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Remember when developers reigned supreme? The market for software coding goes soft

CIO Business Intelligence

Many companies are still hiring developers, but not at the same rate as five years ago. Peak demand for developers from early 2019 to early 2020 was driven in part by hype cycles catered to their strengths, as many companies gobbled up programmers to work on applications in support of clouding computing, mobile, and IoT strategies.

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

CIO Business Intelligence

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. IT consultants are often hired to provide companies guidance on what technologies they should use to achieve their aims, according to career website Indeed.