Remove 2023 Remove Cost-Benefit Remove Risk Management
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Where CIOs should place their 2025 AI bets

CIO Business Intelligence

CIOs were given significant budgets to improve productivity, cost savings, and competitive advantages with gen AI. times compared to 2023 but forecasts lower increases over the next two to five years. A human-centric approach helps with the change management efforts around using agentic AI while evaluating the benefits and risks.

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How resilient CIOs future-proof to mitigate risks

CIO Business Intelligence

This year saw emerging risks posed by AI , disastrous outages like the CrowdStrike incident , and surmounting software supply chain frailties , as well as the risk of cyberattacks and quantum computing breaking todays most advanced encryption algorithms. Of these, AI is at the top of many CIOs minds.

Risk 105
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5 top business use cases for AI agents

CIO Business Intelligence

Then in November, the company revealed its Azure AI Agent Service, a fully-managed service that lets enterprises build, deploy and scale agents quickly. And on AWS, Amazon Bedrock Agents have been available since 2023, but in December, Amazon added multi-agent collaboration capabilities. followed a couple months later.

Software 143
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State of the CIO, 2023: Building business strategy

CIO Business Intelligence

According to the 2023 State of the CIO research , which surveyed 837 IT leaders and 201 line of business (LOB) participants, functional and transformational work consumed the bulk of IT leaders’ time this year, much the same as 2022.

Strategy 109
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Cypago Announces New Automation Support for AI Security and Governance

CIO Business Intelligence

Cyber GRC software company Cypago has announced a new automation solution for artificial intelligence (AI) governance, risk management and compliance. It transforms GRC initiatives into automated processes, enabling in-depth visibility, streamlining enforcement, and significantly reducing overall costs.

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3 key digital transformation priorities for 2024

CIO Business Intelligence

This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control.

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Want to tackle technical debt? Sell it as business risk

CIO Business Intelligence

That includes maintenance and upgrades deferred in favor of other projects or priorities, which can result in high future costs when those actions can no longer by avoided, often when a solution reaches end-of-life. A recent example is Windows Server 2012, which was sunsetted by Microsoft in October 2023.

Risk 128