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We may look back at 2024 as the year when LLMs became mainstream, every enterprise SaaS added copilot or virtual assistant capabilities, and many organizations got their first taste of agentic AI. AI at Wharton reports enterprises increased their gen AI investments in 2024 by 2.3
Despite AI’s potential to transform businesses, many senior technology leaders find themselves wrestling with unpredictable expenses, uneven productivity gains, and growing risks as AI adoption scales, Gartner said. This creates new risks around data privacy, security, and consistency, making it harder for CIOs to maintain control.
By 2028, 40% of large enterprises will deploy AI to manipulate and measure employee mood and behaviors, all in the name of profit. “AI By 2027, 70% of healthcare providers will include emotional-AI-related terms and conditions in technology contracts or risk billions in financial harm.
These concerns emphasize the need to carefully balance the costs of GenAI against its potential benefits, a challenge closely tied to measuring ROI. The challenge of ROI in innovation The same IDC survey reveals that 58% of IT executives anticipate higher IT spending in 2025 compared with 2024. million in 2025 to $7.45
IDC’s Sustainability Readiness Index Survey (August 2024) found that 32% of businesses have created strategic road maps, while 26% have begun embedding sustainability into their operations and 20% say that sustainability has become the “new normal.” There is no denying that environmental sustainability is top of mind for many companies today.
Gain stronger control over data Jae Evans, global CIO and executive vice president at Oracle, is planning to prioritize data control in 2024, and CIOs across industries would be wise to follow suit. “As As AI solutions evolve, and employee use cases grow, it’s clear that AI will continue to redefine the way we work in 2024,” he says.
The rise of the cloud continues Global enterprise spend on cloud infrastructure and storage products for cloud deployments grew nearly 40% year-over-year in Q1 of 2024 to $33 billion, according to IDC estimates. BPS also adopts proactive thinking, a risk-based framework for strategic alignment and compliance with business objectives.
Set clear, measurable metrics around what you want to improve with generative AI, including the pain points and the opportunities, says Shaown Nandi, director of technology at AWS. In HR, measure time-to-hire and candidate quality to ensure AI-driven recruitment aligns with business goals.
SpyCloud , the leading identity threat protection company, today released its 2025 SpyCloud Annual Identity Exposure Report , highlighting the rise of darknet-exposed identity data as the primary cyber risk facing enterprises today. SpyClouds collection of recaptured darknet data grew 22% in the past year , now encompassing more than 53.3
CISOs can only know the performance and maturity of their security program by actively measuring it themselves; after all, to measure is to know. However, CISOs aren’t typically measuring their security program proactively or methodically to understand their current security program.
As concerns about AI security, risk, and compliance continue to escalate, practical solutions remain elusive. as AI adoption and risk increases, its time to understand why sweating the small and not-so-small stuff matters and where we go from here. AI usage may bring the risk of sensitive data exfiltration through AI interactions.
Assuming a technology can capture these risks will fail like many knowledge management solutions did in the 90s by trying to achieve the impossible. Controlling costs According to Gartner, more than 90% of CIOs surveyed in 2024 believed that managing costs limited their ability to get value for the enterprise from their AI investments.
The takeaway is clear: embrace deep tech now, or risk being left behind by those who do. An IDC study found that usage of generative AI jumped from 55% of surveyed companies in 2023 to 75% in 2024. No wonder nearly every CEO is talking about AI: those who lag in AI adoption risk falling behind competitors capabilities.
For instance, in 2024, a troubling trend emerged where hackers used AI-powered tools to create highly convincing deepfakes, impersonating CEOs and other C-suite executives in 75% of such attacks. Theres also the risk of over-reliance on the new systems. While AI is undoubtedly powerful, its not infallible.
The primary goal for Eddingfield and his team was to improve change management processes and reduce the risk of failed changes by implementing collision detection and impact analysis. They automated remediation and significantly improved MTTR and overall service quality.
High expectations, but ROI challenges persist Despite significant investments, only 31% of organizations expect to measure generative AIs return on investment in the next six months. The dynamic nature of AI demands new ways to measure value beyond the limits of a conventional business case, Chase said.
This award-winning access management project uses automation to streamline access requests and curb security risks. Automating access saves precious time, reduces risks Święty measures the impact of Relativity’s access management automation project in terms of both access and time. Learn more here.
By all accounts, 2024 will be a good year on the CIO hiring front. 2024 seems to be trending higher for CIO demand,” Licciardello says. Between the clients that he works with, and the recruiters that try to lure him directly, Licciardello says he has some clear thoughts on what organizations are looking for in a CIO hire in 2024.
Top impacts of digital friction included: increased costs (41%)increased frustration while conducting work (34%) increased security risk (31%) decreased efficiency (30%) lack of data for quality decision-making (30%) are top impacts. But organizations within the energy industry are in an especially precarious situation.
] Forty-one percent of organizations adopted and used digital platforms for all or most functions in 2024, compared with just 26% in 2023, according to IDC’s May 2024 Future Enterprise Resiliency and Spending Survey, Wave 5. million machines worldwide, serves as a stark reminder of these risks. Assume unknown unknowns.
As workers at all levels put together their development plans for 2024, IT leaders, recruiters, researchers, and advisors share here what actions CIOs can take to advance their careers if they want to embrace a growth mindset. He says to do otherwise would risk being left behind. “AI Make 2024 the year to change that.
A rise in VC funding VC funding for cybersecurity startups, especially those utilizing AI/ML, grew again in the first quarter of 2024. These and more were all part of the thought-provoking meetings and conversations I had at RSA. Crunchbase numbers show cybersecurity startups raised nearly $2.7 billion in 154 deals in Q1.
Credit: The Business Impact of Downtime Across Operational Segments , IDC, September 2024; IDC IT/OT Convergence Survey, August 2024, n = 1,041 When ransomware strikes (a disaster almost all technology leaders will experience), the disruption can last for days or even weeks. See also: How resilient CIOs future-proof to mitigate risks.)
The 2024 Security Priorities study shows that for 72% of IT and security decision makers, their roles have expanded to accommodate new challenges, with Risk management, Securing AI-enabled technology and emerging technologies being added to their plate. Regular engagement with the board and business leaders ensures risk visibility.
Change requests affecting critical aspects of the solution were accepted late in the implementation cycle, creating unnecessary complexity and risk. When this review finally occurred and identified key issues, its findings were ignored, highlighting a systemic failure in the councils risk management approach, the report added.
We’re thrilled to announce that AWS has been named a Leader in the IDC MarketScape: Worldwide Analytic Stream Processing Software 2024 Vendor Assessment (doc #US51053123, March 2024). They transform massive amounts of data into actionable insights to help partners better predict risk and make smarter decisions in real time.
Nominations are now open for the 2024 awards, with all entries to be reviewed by a select and independent CIO50 Middle East judging panel which will rate each section of the questionnaire to determine the final list.
Remote work began as a temporary measure during the pandemic but has long been a permanent fixture in our new way of working. trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue. Respond to threats quickly.
One component of corporate IT that has long been ‘in range’ for cyber criminals that is often overlooked when protection measures are being put in place are multifunction printers – widely used in almost every organisation. Fortunately, there are tools available to deal with the specific security challenges presented by printers.
In 2024, sustainability is taking center stage. In addition to CSRD, California has new mandatory reporting rules coming into play in 2024, while countries around the world are on the verge of implementing their own non-financial disclosure and documentation requirements. trillion to the global economy by 2050.
Measures of success are shifting away from operational metrics such as uptime to those focused on organizational goals. “My That said, however, the members of the 2024 Hall of Fame cohort believe CIOs will continue accumulating both more business responsibilities and more business power in the upcoming years.
million in 2024 1 – and thus take the necessary steps to reduce cyber risk. Closely related to defense in depth is a zero trust architecture, where the cloud company basically assumes all potential users are unauthorized until they prove otherwise, using various AAA measures including multi-factor authentication.
There is a great deal of discussion about the risks and benefits of AI, but it is generally focused narrowly on the technical capabilities of AI tools and whether continued advances will eventually put AI beyond human control, leading to possible disaster. I think not. Let’s not wait till the robber barons are back. Available at: [link].
Similarly, Deloittes 2024 CxO Survey highlights that while CDOs prioritize AI and business efficiency, sustainability remains a secondary focus. If sustainability-related data projects fail to demonstrate a clear financial impact, they risk being deprioritized in favor of more immediate business concerns.
It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important as it relates to a company’s business model, risk management strategy , reporting requirements and more. This makes it hard to assess climate risks, mitigation efforts and other initiatives.
Newly released research from SASs Data and AI Pulse Survey 2024 Asia Pacific finds that only 18% of organisations can be categorised as AI leaders, where the organisation has an AI strategy and long-term investment plans in place. What is clear from the research is that the capabilities change as organisations mature in their AI experience.
For CISOs to succeed in this unprecedented security landscape, they must balance these threats with new approaches by performing continuous risk assessments, protecting digital assets, and managing the rapid pace of innovation in security technologies.
In IDCs April 2024 CIO Poll Survey of 105 senior IT professionals and CIOs, developing better IT governance and enterprise architecture emerged as one of the top priorities for 2024, ranking fourth. It is fundamental for AI and essential for reducing cybersecurity risks or streamlining cloud migration processes, among other things.
The European AI Act also talks about synthetic data, citing them as a possible measure to mitigate the risks associated with the use of personal data for training AI systems. The Italian authority has adopted some measures to prevent this activity.”
According to a Bank of America survey of global research analysts and strategists released in September, 2024 was the year of ROI determination, and 2025 will be the year of enterprise AI adoption. That means companies can use it on tough code problems, or large-scale project planning where risks have to be compared against each other.
And like a frog in a pot, organizations are waking up to the potentially catastrophic risks of inaction. A 2024 Securonix survey found that concern about “malicious insiders” rose from 60% in 2019 to 74% in 2024, and 90% of companies believe insider attacks are “equally or more challenging to detect than external attacks.”
However, amidst the allure of newfound technology lies a profound duality—the stark contrast between the benefits of AI-driven software development and the formidable security risks it introduces. AI-powered applications are vast and varied, but with them also comes significant risk. So, how can an organization defend itself?
We examine the opportunity to lead both risk mitigation and value creation by helping advance the enterprise sustainability strategy. Competent Boards, 2024 Every organization can have an impact by starting with small, measurable commitments and moving along the maturity model for engagement and commitment.
Embrace the future-proofing imperative Eighty-three percent of IT leaders and 88% of LOB leaders expect full-year spending in 2024 to be higher or in line with original 2024 budgets despite inflation and potential recession concerns, according to IDC’s Future Enterprise Resiliency and Spending Survey, Wave 3 (March 2024).
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