Remove Financial Remove Fractional CTO Remove Security
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
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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

7 risk management rules every CIO should follow

CIO Business Intelligence

Look around and youll see technological, economic, and competitive obstacles that CIOs must not only handle, but defeat. A PwC Global Risk Survey found that 75% of risk leaders claim that financial pressures limit their ability to invest in the advanced technology needed to assess and monitor risks.

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

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
article thumbnail

8 reasons your cloud costs are too high

CIO Business Intelligence

Underutilized and/or overprovisioned resources are among the biggest contributors to high cloud costs, says Shreehari Kulkarni, principal consultant with global technology research and advisory firm ISG. Optimizing resources based on application needs is essential to avoid setting up oversized resources, he states.

Cloud 311
article thumbnail

How today’s enterprise architect juggles strategy, tech and innovation

CIO Business Intelligence

Software architecture: Designing applications and services that integrate seamlessly with other systems, ensuring they are scalable, maintainable and secure and leveraging the established and emerging patterns, libraries and languages. Data protection and privacy: Ensuring compliance with data regulations like GDPR and CCPA.