Remove CTO Remove Financial Remove Fractional CTO
article thumbnail

SAP restructures board to emphasize AI-first, suite-first strategy

CIO Business Intelligence

SAP is starting the 2025 financial year with a new executive board.The German software company announced that 39-year-old Sebastian Steinhuser will be promoted to the executive board. Before joining SAP, Steinhuser worked at Boston Consulting Group. SAP introduced a new CTO and two new chief revenue officers.

SAP 225
article thumbnail

Six steps to creating a successful IT strategy: A guide for CIOs

CIO Business Intelligence

This alignment ensures that technology investments and projects directly contribute to achieving business goals, such as market expansion, product innovation, customer satisfaction, operational efficiency, and financial performance. These principles directly influence the organization’s culture and strategic moves.

Strategy 334
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Where CIOs should place their 2025 AI bets

CIO Business Intelligence

CIOs feeling the pressure will likely seek more pragmatic AI applications, platform simplifications, and risk management practices that have short-term benefits while becoming force multipliers to longer-term financial returns. Examples include scanning invoices, extracting basic contract information, or capturing information from PDF forms.

CTO Hire 356
article thumbnail

Cengage Group CTO Jim Chilton on the P&L difference

CIO Business Intelligence

Jim Chilton is an award-winning CIO who serves as the chief technology officer of Cengage Group, an innovative disruptor in the edtech space. As a business and technology executive, Chilton leverages his unique experiences to drive innovation and optimize technology throughout the company.

article thumbnail

CIOs’ lack of success metrics dooms many AI projects

CIO Business Intelligence

Combined with an April IDC survey that found organizations launching an average of 37 AI POCs, the September survey suggests many CIOs have been throwing the proverbial spaghetti at the wall to see what sticks, says Daniel Saroff, global vice president for consulting and research services at IDC.

article thumbnail

7 signs it’s time to modernize your IT systems

CIO Business Intelligence

The bad news, however, is that IT system modernization requires significant financial and time investments. When addressed properly , application and platform modernization drives immense value and positions organizations ahead of their competition, says Anindeep Kar, a consultant with technology research and advisory firm ISG.

System 349
article thumbnail

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. Real estate buying platform Blox has appointed Amit Goel as its chief technology officer, based in Mumbai.