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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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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. CIO.com caught up with Mittal to know more about his plans for the innovation lab, as well as the technology strategy for the financial services company.

CTO Hire 290
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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. An IT consultant is a technology professional who advises and supports business clients in designing, developing, and executing technology projects in service of business goals.

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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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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. Adnan Masood, chief AI Architect at UST, says unpredictable pricing makes it tough even for CFOs to manage AI spending. That uncertainty creates a challenge for risk-averse companies that must work within budget constraints.

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Massive modernization: Tips for overhauling IT at scale

CIO Business Intelligence

Yet, as appealing as it is for employees to be able to use modern technologies, decommissioning and replacing systems is arduous for IT. Its a very long and painful process, notes Don Henderson, CTO at BetaNXT, a wealth management company that provides tech services to clients.

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Tech Moves: OfferUp names new CTO; Amazon data center leader departs; and more

GeekWire

— Mobile marketplace OfferUp hired former Splunk VP of Engineering Melissa Binde as its new CTO. She oversaw Splunk’s cloud engineering business while CTO at the software giant. Binde succeeds Ameesh Paleja who served as OfferUp’s CTO for two years. He is now a VP of engineering at Google. Joe Minarik.

CTO Hire 118