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Experienced CIOs know there is never a blank check for transformation and innovation investments, and they expect more pressure in 2025 to deliver business value from gen AI investments. As gen AI heads to Gartners trough of disillusionment , CIOs should consider how to realign their 2025strategies and roadmaps.
To counter such statistics, CIOs say they and their C-suite colleagues are devising more thoughtful strategies. Here are 10 questions CIOs, researchers, and advisers say are worth asking and answering about your organizations AI strategies. How does our AI strategy support our business objectives, and how do we measure its value?
Managing cybersecurity and other technology risks will be top of mind for CIOs in 2025 across Australia and New Zealand (ANZ), with 82% of 109 respondents saying it is a key priority for next year, according to Gartner.
A comprehensive regulatory reach DORA addresses a broad range of ICT risks, including incident response, resilience testing, third-party riskmanagement, and information sharing. When DORA becomes effective on January 17, 2025, non-compliance with DORA will trigger severe administrative and criminal penalties.
With growing demand and increasing emphasis on sustainability, businesses are facing heightened challenges and responsibilities in 2025. Spill Response Plans Develop and implement response strategies to minimise damage in the event of a spill or accident.
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. Another undeniable factor is the unpredictability of global events.
More than 90% of IT leaders, in fact, expected their 2025 budgets to increase when surveyed in 2024. IT spending has evolved from an operational necessity to a key component of business strategy, he says. Energy use has become an important expense to monitor as well, along with more traditional IT costs and riskmanagement.
Meanwhile, Gartner predicts at least 30% of gen AI projects will be abandoned after the proof-of-concept stage by 2025. As senior product owner for the Performance Hub at satellite firm Eutelsat Group Miguel Morgado says, the right strategy is crucial to effectively seize opportunities to innovate.
In celebration of the 100th anniversary of the discovery of quantum mechanics, United Nations has declared 2025 as the International Year of Quantum Science and Technology. It will facilitate enormously alternative investment strategies. It will enhance riskmanagement. Quantum for everyone might be a tagline, Tisi says.
According to Informaticas CDO Insights 2025 , 87% of data leaders expect increased investment in generative AI and data governance, yet only a fraction are leveraging these advancements for ESG efforts. However, embedding ESG into an enterprise data strategy doesnt have to start as a C-suite directive.
This piece of legislation in the European Union (EU) requires companies to be compliant by January 2025, meaning businesses have just under one year to ensure they’re prepared. Digital operational resilience testing : Sets out guidance for testing of existing recovery strategies to identify potential vulnerabilities.
As a result, software supply chains and vendor riskmanagement are becoming ever more vital (and frequent) conversations in the C-suite today, as companies seek to reduce their exposure to outages and the business continuity issues of key vendors their businesses depend on.
It outlines strategies to ensure operations continue, minimize disruption, and drive preventative measures and contingency plans. This diligence results in a decision matrix that balances investment, value, and risk. Download the AI RiskManagement Enterprise Spotlight.)
As organizations shape the contours of a secure edge-to-cloud strategy, it’s important to align with partners that prioritize both cybersecurity and riskmanagement, with clear boundaries of shared responsibility. Outsourcing IT operations has become a smart business strategy. Include the enterprise riskmanagement team.
What’s the answer to coping with the dynamic nature of risks? 1] Gartner, 4 Major Sourcing Trends for a ‘New Normal’ World: Change, Outcomes, Risk and Agility | Published 23 November 2020 – ID G00733227| By Claudio Da Rold, Fabio Di Capua, Katie Gove, Andy Rowsell-Jones. [2] Cloud Management And the problem can’t be ignored.
Data gathering and use pervades almost every business function these days — and it’s widely acknowledged that businesses with a clear strategy around data are best placed to succeed in competitive, challenging markets such as defence. What is a data strategy? Why is a data strategy important?
Rather than pull away from big iron in the AI era, Big Blue is leaning into it, with plans in 2025 to release its next-generation Z mainframe , with a Telum II processor and Spyre AI Accelerator Card, positioned to run large language models (LLMs) and machine learning models for fraud detection and other use cases. “If
Organizations big and small, across every industry, need to manage IT risk. trillion annually by 2025. According to Rocket Software’s survey: Only 33% of respondents are extremely confident that they have the right technology/software in place to execute an effective approach to IT riskmanagement.
As technology innovators, we all must take responsibility and develop strategies to impact meaningful change. billion by 2025 , it’s critical that we understand the environmental consequences caused by big tech. By 2025, Enterprise IT will have the equivalent carbon footprint of 463 million passenger vehicles driven for one year.
As organizations shape the contours of a secure edge-to-cloud strategy, it’s important to align with partners that prioritize both cybersecurity and riskmanagement, with clear boundaries of shared responsibility. Outsourcing IT operations has become a smart business strategy. Include the enterprise riskmanagement team.
We believe our game-changing technology will empower joint customers to recover faster, mitigate threats more effectively, and enhance their cyber resilience strategies.” One issue is that organisations must rethink their cybersecurity strategies as they become cloud-first. Pranay Ahlawat, Chief Technology and AI Officer, Commvault.
In the financial sector, regulations are essential for financial institutions to maintain stability by preventing excessive risk-taking, ensuring adequate capitalization and reducing the likelihood of failures or financial crises. What is DORA?
The world of risk is growing more complex and dynamic as organizations navigate challenges associated with COVID-19, privacy, ethics and compliance, ESG, cybersecurity and digital business. These challenges continue to drive Gartner client demand and inquiry for integrated riskmanagement (IRM) products and services.
Increasing pressures around environment, social, and governance (ESG) concerns have organizations across industries turning to their CIOs to revamp their strategies for ESG reporting. To date, many companies have merely repurposed existing technology solutions for their ESG reporting needs.
The Digital Operational Resilience Act , or DORA, is a European Union (EU) regulation that created a binding, comprehensive information and communication technology (ICT) risk-management framework for the EU financial sector. DORA applies to all financial institutions in the EU.
Indeed, encryption alone does not guarantee this, but it’s something you can and should use as part of an overall strategy. A 2019 study presented by Ponemon Institute found that, during the fiscal year 2018, 45% of the companies polled reported having an overall encryption strategy applied consistently across their organizations.
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, riskmanagementstrategy , reporting requirements and more. Consider investor expectations around net-zero targets.
Interestingly, Gartner has predicted that at least 30% of GenAI projects will be abandoned after proof of concept by the end of 2025. Translating AI’s Potential into Measurable Business Impact It can’t be denied that a mature enterprise data strategy generates better business outcomes in the form of revenue growth and cost savings.
billion by 2025. AI requires AI governance , not after the fact but baked into AI strategy of your organization. Riskmanagement Automate model facts and workflows for compliance to business standards. identify, manage, monitory and report on risk and compliance at scale. So what is AI governance?
By 2025, 80% of organizations seeking to scale digital business will fail because they do not take a modern approach to data and analytics governance. By 2025, AI will be the top category driving infrastructure decisions, due to the maturation of the AI market, resulting in a tenfold growth in compute requirements. Source: TCS).
However, there will be a phase-in period for compliance, with the largest companies reporting, as required, on climate-related risks by fiscal year 2025 and on emissions by 2026. IBM offers products that help organizations track and report their environmental impact, and their exposure to climate risk. How can IBM help?
To aid in Africa’s digital transformation, MTN is driving a strategy called Ambition 2025 across all 21 of its independent operating companies in Africa and the Middle East. This, in turn, has had a positive impact on innovation and decision-making aimed at improving customer services and reporting. . Industry Transformation.
December 2025: Banks of EU and Eurozone countries are required to support sending SEPA instant payments. DORA comes into effect in January 2025, covering EU Financial Institutions and associated ICT service providers. December 2024: Banks of EU and Eurozone countries are required to support receiving SEPA instant payments.
Companies that are already subject to the NFRD will need to report on 2024 data (reporting year 2025). Organizations will be required to detail how their business strategy will mitigate the risks associated with these environmental and social issues and publish these disclosures publicly.
Do you recommend a consulting approach strategy rather than a CDO strategy? How do you think Technology Business Management plays into this strategy? As such any Data and Analytics strategy needs to incorporate data sovereignty as per of its D&A governance program. Value Management or monetization.
Emphasizes governance and riskmanagement similar to the EU AI Act and Canadas Bill C-27. Decision Audit Trail a comprehensive logging strategy that records key data points (inputs, outputs, model version, explanation metadata, etc.) It promotes a multidisciplinary approach similar to OECDs inclusiveness principles.
Welcome to 2025! 2025 is forecast to be as impactful as any of the last few years, with continuing advancements in financial and business reporting technology promising to help organizations enhance their operational efficiency and effectiveness. Weve survived a lot in the last 25 years.
Based on the survey findings, here are five recommendations for CIOs as you continue your AI implementation journey in 2025. Ensure your program addresses the big picture across AI governance, riskmanagement, ethics, communication, and change management.
Many IT leaders undervalue the importance of partnering closely with business peers and speaking the language of strategy and outcomes. EQ is the ability to recognize, understand and manage our emotions, as well as those of others. IQ ensures preparedness; EQ enables agility. Thats where emotional intelligence becomes essential.
IDC, for instance, recommends the NIST AI RiskManagement Framework as a suitable standard to help CIOs develop AI governance in house, as well as EU AI ACT provisions, says Trinidad, who cites best practices for some aspects of AI governance in “ IDC PeerScape: Practices for Securing AI Models and Applications.”
DORA, which went fully into effect as of January 17, 2025, is intended to ensure businesses operating in the financial services sector in Europe have robust, proactive riskmanagement frameworks in place to ensure operational resilience and protect against a host of threats.
Ankit Bose, Head, Nasscom AI talks in detail on AI adoption trends, the foreseen challenges, the significance of talent development and strategies for CIOs to emerge as a AI leader. According to a World Economic Forum report, AI will create 97 million new roles by 2025. Ankit: AI adoption is on the rise amongst Indian organisations.
Information riskmanagement is no longer a checkpoint at the end of development but must be woven throughout the entire software delivery lifecycle. 2025 Banking Regulatory Outlook, Deloitte The stakes are clear.
Which are the mega trends in the world of cybersecurity and data privacy that will impact Indian organisations in 2025 and why? Dr. Duggal : Indian organizations need to be prepared for 5 major trends in cybersecurity and data privacy in 2025. Thirdly, stakeholders need to engage in regulatory conversations.
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