Remove Examples Remove Fractional CTO Remove Licensing
article thumbnail

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

CIO Business Intelligence

It could be used to improve the experience for individual users, for example, with smarter analysis of receipts, or help corporate clients by spotting instances of fraud. Take for example the simple job of reading a receipt and accurately classifying the expenses. Too many to choose from?

article thumbnail

Data science drives big decisions at Kohl’s

CIO Business Intelligence

We’ve had a homegrown customer data environment for decades,” says Paul Gaffney, CTO and supply chain officer at the $19.4 Gartner analyst Erick Brethenoux says use of consultant data and ML models is gaining steam, especially among retailers. billion American department store chain. The Milwaukee, Wis.-based

Insiders

Sign Up for our Newsletter

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

article thumbnail

11 ways to reduce your IT costs now

CIO Business Intelligence

Companies taking a multicloud approach can experience ballooning OpEx numbers, says Barrett Schrader, managing director of the technology consulting group at Protiviti: “Organizations can take advantage of volume discounts with reduced complexity. Consumption-based contracts are self-optimizing,” says Gartner’s Buchanan.

article thumbnail

The Legal Challenges of the Internet of Things

CTOvision

Data, for example, may be used for one purpose, and then for another down the road, potentially exposing financial or medical information one might not want a particular party to see. You’ll find who owns the data in documents such as end-user license agreements. Lawsuits are sure to increase on these matters over the next few years.

Internet 150
article thumbnail

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.

Cloud 124
article thumbnail

Many CIOs are better equipped to combat rising IT costs. Are you?

CIO Business Intelligence

But strategically important digital transformations should be protected “because they set you up over time and create more flexibility and adaptability,” says Andrew Blau, MD and US leader, eminence and insights, at Deloitte Consulting. IT organizations can save substantial amounts on SaaS contracts by lowering service levels, CIOs say.

article thumbnail

10 cloud mistakes that can sink your business

CIO Business Intelligence

“A pragmatic and structured architectural approach when moving to the cloud is critical,” says William Peldzus, senior director and Center of Excellence head with enterprise consulting firm Capgemini Americas. They may find there’s software that can have multiple licenses added for more than one team to use across the company,” he notes.

Cloud 130