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If 2023 was the year of AI discovery and 2024 was that of AI experimentation, then 2025 will be the year that organisations seek to maximise AI-driven efficiencies and leverage AI for competitive advantage. Primary among these is the need to ensure the data that will power their AI strategies is fit for purpose.
Second, decision-makers increasingly rely on genAI to … ask questions about their financial and operational data without relying on traditional dashboards and reports,” said Greenstein.” Lazarev agrees: “It’s one thing to have the technology, but it’s another to weave it into the fabric of your business strategy.
According to IDCs July 2024 CIO Sentiment Survey , 26% of CIOs identify recruiting, retaining, and upskilling talent as their biggest challenge to success. A staggering 21% of organizations report a severe shortage of skilled cybersecurity professionals, with another 30% finding it difficult to find suitable candidates.
They are inundated by increasingly potent cyber threats, especially as threat actors are now leveraging AI to enhance their attack strategies. According to Unit 42’s 2024 Incident Response Report , the median time between compromise and exfiltration accelerated to just two days in 2024 (from nine days in 2022).
Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. In this guide, we’ll cover: What makes for a successful ABM strategy? What are the key elements and capabilities of ABM that can make a real difference? How is AI changing workflows and driving functionality?
Indeed, more than 80% of organisations agree that scaling GenAI solutions for business growth is a crucial consideration in modernisation strategies. [2] For a deeper understanding of these insights and to learn more about -how your organisation can effectively implement GenAI strategies, we invite you to explore the full report. [1]
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
Otherwise, companies will struggle to realize business value with AI/ML capabilities left to endure high cloud cost expenses, as it has been for many companies in 2024 for AI solutions. An enterprise with a strong global footprint is better off pursuing a multi-cloud strategy.
Indeeds 2024 Insights report analyzed the technology platforms most frequently listed in job ads on its site to uncover which tools, software, and programming languages are the most in-demand for job openings today. Job listings (August 2023 to August 2024): 131,609 Year-over-year increase: 4% Total resumes: 72,703,986 2.
Noting that companies pursued bold experiments in 2024 driven by generative AI and other emerging technologies, the research and advisory firm predicts a pivot to realizing value. In addition, despite billions of dollars invested in AI infrastructure and generative AI in 2023, only 20% of businesses reported earnings benefits from AI in 2024.”
The analyst reports tell CIOs that generative AI should occupy the top slot on their digital transformation priorities in the coming year. Moreover, the CEOs and boards that CIOs report to don’t want to be left behind by generative AI, and many employees want to experiment with the latest generative AI capabilities in their workflows.
In a survey of 451 senior technology executives conducted by Gartner in mid-2024, a striking 57% of CIOs reported being tasked with leading AI strategies. While some of the surveyed employees in the US, the UK, Australia, India, and China reported saving an average of 3.6
Rather than wait for a storm to hit, IT professionals map out options and build strategies to ensure business continuity. Following Broadcom’s late 2023 acquisition of VMware, numerous changes prompted customers and partners to reassess their strategies. A few years ago, Gregg Lowe the CIO of Boyd Gaming Corp.,
Trading: GenAI optimizes quant finance, helps refine trading strategies, executes trades more effectively, and revolutionizes capital markets forecasting. GenAI can also play a role in report summarization as well as generate new trading opportunities to increase market returns.
Many small business leaders are still trying to build out an artificial intelligence (AI) strategy to drive efficiencies, supercharge automation and spark creative productivity among their people. What’s clear though, is that these organisations risk being left behind if they aren’t maximising the potential of AI.
The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Here, we detail those and others that comprise eight of the top priorities for CIOs in 2024. Among the various strategies at our disposal, automation stands out as a pivotal solution,” she says. “In
To stay on top of both old and new challenges, IT chiefs should evaluate their current business and technology strategies and, when necessary, adjust them to address rapidly evolving technology, business, and economic practices. Doing so requires a robust data management strategy.
CIOs have been able to ride the AI hype cycle to bolster investment in their gen AI strategies, but the AI honeymoon may soon be over, as Gartner recently placed gen AI at the peak of inflated expectations , with the trough of disillusionment not far behind. That doesnt mean investments will dry up overnight.
Paul Beswick, CIO of Marsh McLennan, served as a general strategy consultant for most of his 23 years at the firm but was tapped in 2019 to relaunch the risk, insurance, and consulting services powerhouse’s global digital practice. But the CIO had several key objectives to meet before launching the transformation.
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.” An operationalized carbon-neutral strategy requires end-to-end visibility on climate data.
A 2024 PwC report found that 49% of directors see cybersecurity as a significant oversight challenge ( “Overseeing cyber risk: the board’s role,” PwC, January 2024). Correlating all of these activities into a single, easy-to-read, and easy-to-understand report for board members is complicated.
In May 2024, Dataiku and Databricks surveyed 400 senior AI professionals from leading global companies to explore the deployment of Generative AI (GenAI) across industries. No longer a novelty, GenAI is now a fundamental part of business operations.
They know how damaging a cybersecurity incident can be – the annual IBM/Ponemon Institute Cost of a Data Breach report puts it at $4.88 million in 2024 1 – and thus take the necessary steps to reduce cyber risk. Adherence to a defense-in-depth strategy should be front and center. To learn more, visit Hyland. [1]
According to NTT DATAs Global GenAI Report , 97% of CEOs expect a material impact from the technology and 99% of respondents are planning more GenAI investment, even though only 43% of the C-suite strongly agree their existing solutions are meeting expectations. [1] NTT DATAs Global GenAI Report now. [1] 3] Preparation.
Yet Ivanti’s Everywhere Work Report found only 40% of respondents were using AI for ticket resolution, 35% for knowledge base management, and only 31% for intelligent escalation. “We end up in a cycle of constantly looking back at incomplete or poorly documented trouble tickets to find a solution.” Click here to find out more.
AWS re:Invent 2024, the flagship annual conference, took place December 26, 2024, in Las Vegas, bringing together thousands of cloud enthusiasts, innovators, and industry leaders from around the globe. Additional resources: re:Invent 2024 announcement video AWS Glue Introducing AWS Glue 5.0 With AWS Glue 5.0,
Indeed, as IDC reported in a earlier this year, the U.S. AI and GenAI Regulatory Landscape, IDC, July 2024). China follows the EU, with additional focus on national security In March 2024 the Peoples Republic of China (PRC) published a draft Artificial Intelligence Law, and a translated version became available in early May.
In these customer engagements over recent months, I’ve seen some emerging trends that are poised to have a big impact on enterprises in 2024. Rethink Agile Within many organizations, we’re hearing reports of people feeling agile hasn’t delivered the anticipated value, along with a commensurate backlash against the approach.
Generative AI will soon be everywhere — including in Salesforce’s Net Zero Cloud environmental, social, and governance (ESG) reporting tool. Net Zero Cloud uses data held within the Salesforce platform to help enterprises report on their carbon footprint and manage other social and governance metrics.
Paul Beswick, CIO of Marsh McLellan, served as a general strategy consultant for most of his 23 years at the firm but was tapped in 2019 to relaunch the risk, insurance, and consulting services powerhouse’s global digital practice. But the CIO had several key objectives to meet before launching the transformation.
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. Additional Report Findings: 17.3 Additional Report Findings: 17.3
Moreover, these repatriations show how CIOs have a shrewder, more fluid cloud strategy today to ensure they don’t settle for less than what they want. According to the IDC repatriation report, less than 10% of respondents said they had repatriated entire workloads. That 80% is consistent with past survey findings.
The report underscores a growing commitment to AI-driven innovation, with 67% of business leaders predicting that gen AI will transform their organizations by 2025. The report suggested that the quality of organizational data remains a top obstacle, with 85% of respondents citing it as the most significant challenge for 2025.
That’s not hyperbole: TEKsystems’ 2024 State of Digital Transformation report found that 53% of organizations classified as digital leaders are confident that their digital investments will meet expected ROIs. Here veteran IT leaders and advisers offer eight strategies to speed up IT modernization.
2023 was a year made notable by a range of unexpected, unpredictable, and fast-moving challenges that, despite seemingly having little to do with technology, had profound impacts on IT strategies. Waiting is a losing strategy.” These external factors can have a dramatic impact on business operations and strategic planning.
As many organizations shift services from in-house datacenters to external cloud services, the potential for reduced power consumption and reduced carbon emissions presents an opportunity to report improvements in ESG. An MIT report determined that the carbon footprint for all datacenters globally, about 0.3%
As a business executive who has led ventures in areas such as space technology or data security and helped bridge research and industry, Ive seen first-hand how rapidly deep tech is moving from the lab into the heart of business strategy. According to a recent IDC study, companies using AI are reporting an average of $3.70
Results from Foundry/CIO.com’s 2024 State of the CIO survey enforce this finding, with AI vaulting to the top slot of enterprise CIO’s hardest-to-hire roles. Staffing strategies emerge Despite the continuously tight labor market and complexity of the task, Napoli believes he has Guardian Life’s AI talent strategy under control.
The AI hype cycle has peaked: Tens of thousands of companies helped get it there with generative AI in 2023, with two-thirds now reporting they have deployed GAI tools to their workforce. Here are three strategies designed to help CIOs and others maximize their return not just on AI, but all essential tech.
It takes the input from the analyst, provides the responses to analysts’ questions, and generates the report,” explains Durvasula. Tenjin GPT is first step in a long-term gen AI strategy, according to Nathan Rogers, CIO of SAIC. “We “When the research analysts want the research, that’s when the AI gets activated.
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. Make 2024 the year to change that. He says to do otherwise would risk being left behind. “AI
Twenty-plus years in, CIOs have discovered that, when it comes to IT, everything is going to need a strategy. As CIO, you need a data strategy. You need a cloud strategy. You need a security strategy. Just this past year another strategy must-have arrived to upend nearly every organization.
According to a Protiviti report 1 : Nearly 7 in 10 organizations believe technical debt has a high level of impact on their ability to innovate. The right hiring strategy can help organizations reduce labor costs, and then reassign labor savings toward addressing technical debt,” he says.
Infor’s strategy is to tailor software with a high percentage of specific capabilities and functionality for customers in its target industries, delivering a faster time to value. The software streamlines collecting data for planning and reporting and facilitates assigning responsibility within an enterprise to achieve ESG-related objectives.
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