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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.
As enterprise CIOs seek to find the ideal balance between the cloud and on-prem for their IT workloads, they may find themselves dealing with surprises they did not anticipate — ones where the promise of the cloud, and cloud vendors, fall short versus the realities of enterprise IT. That’s where the contract comes into play.
particular, companies that use AI systems can share their voluntary commitments to transparency and risk control. At least half of the current AI Pact signatories (numbering more than 130) have made additional commitments, such as risk mitigation, human oversight and transparency in generative AI content.
In enterprises, we’ve seen everything from wholesale adoption to policies that severely restrict or even forbid the use of generative AI. Unexpected outcomes, security, safety, fairness and bias, and privacy are the biggest risks for which adopters are testing. What’s the reality? Only 4% pointed to lower head counts.
Speaker: Shreya Rajpal, Co-Founder and CEO at Guardrails AI & Travis Addair, Co-Founder and CTO at Predibase
Large Language Models (LLMs) such as ChatGPT offer unprecedented potential for complex enterprise applications. Putting the right LLMOps process in place today will pay dividends tomorrow, enabling you to leverage the part of AI that constitutes your IP – your data – to build a defensible AI strategy for the future.
Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy. I suggest that the simplest business strategy starts with answering three basic questions: What? That is: (1) What is it you want to do and where does it fit within the context of your organization?
It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs. Cost management and containment.
The proof of concept (POC) has become a key facet of CIOs AI strategies, providing a low-stakes way to test AI use cases without full commitment. Moreover, Jason Andersen, a vice president and principal analyst for Moor Insights & Strategy, sees undemanding greenlighting of gen AI POCs contributing to the glut of failed experiments.
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 CIOs should consider placing these five AI bets in 2025.
Speaker: William Hord, Vice President of ERM Services
Your ERM program generally assesses and maintains detailed information related to strategy, operations, and the remediation plans needed to mitigate the impact on the organization. Organize ERM strategy, operations, and data. It is the tangents of this data that are vital to a successful change management process.
The outage put enterprises, cloud services providers, and critical infrastructure providers into precarious positions, and has drawn attention to how dominant CrowdStrike’s market share has become, commanding an estimated 24% of the endpoint detection and response (EDR) market. It also highlights the downsides of concentration risk.
In a global economy where innovators increasingly win big, too many enterprises are stymied by legacy application systems. Maintaining, updating, and patching old systems is a complex challenge that increases the risk of operational downtime and security lapse. The solutionGenAIis also the beneficiary.
CIOs perennially deal with technical debts risks, costs, and complexities. While the impacts of legacy systems can be quantified, technical debt is also often embedded in subtler ways across the IT ecosystem, making it hard to account for the full list of issues and risks.
Research firm IDC projects worldwide spending on technology to support AI strategies will reach $337 billion in 2025 — and more than double to $749 billion by 2028. AI spending on the rise Two-thirds (67%) of projected AI spending in 2025 will come from enterprises embedding AI capabilities into core business operations, IDC claims.
Speaker: Chris McLaughlin, Chief Marketing Officer and Chief Product Officer, Nuxeo
After 20 years of Enterprise Content Management (ECM), businesses still face many of the same challenges with finding and managing information. Strategies to avoid the risks of modernization by future-proofing your organizational infrastructure. How a platform-based approach can solve modern content challenges.
Call it survival instincts: Risks that can disrupt an organization from staying true to its mission and accomplishing its goals must constantly be surfaced, assessed, and either mitigated or managed. While security risks are daunting, therapists remind us to avoid overly stressing out in areas outside our control.
With AI agents poised to take over significant portions of enterprise workflows, IT leaders will be faced with an increasingly complex challenge: managing them. If I am a large enterprise, I probably will not build all of my agents in one place and be vendor-locked, but I probably dont want 30 platforms.
A sharp rise in enterprise investments in generative AI is poised to reshape business operations, with 68% of companies planning to invest between $50 million and $250 million over the next year, according to KPMGs latest AI Quarterly Pulse Survey. However, only 12% have deployed such tools to date.
For CIOs, the event serves as a stark reminder of the inherent risks associated with over-reliance on a single vendor, particularly in the cloud. This has forced CIOs to question the resilience of their cloud environments and explore alternative strategies. Yes, they [enterprises] should revisit cloud strategies.
In today’s fast-paced digital environment, enterprises increasingly leverage AI and analytics to strengthen their risk management strategies. While AI offers a powerful means to anticipate and address risks, it also introduces new challenges. We need to have a unified strategy which is required to scale,” he remarked.
From customer service chatbots to marketing teams analyzing call center data, the majority of enterprises—about 90% according to recent data —have begun exploring AI. Today, enterprises are leveraging various types of AI to achieve their goals. To succeed, Operational AI requires a modern data architecture.
One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. But the CIO had several key objectives to meet before launching the transformation.
GRC certifications validate the skills, knowledge, and abilities IT professionals have to manage governance, risk, and compliance (GRC) in the enterprise. Enter the need for competent governance, risk and compliance (GRC) professionals. What are GRC certifications? Why are GRC certifications important?
Driven by the development community’s desire for more capabilities and controls when deploying applications, DevOps gained momentum in 2011 in the enterprise with a positive outlook from Gartner and in 2015 when the Scaled Agile Framework (SAFe) incorporated DevOps. It may surprise you, but DevOps has been around for nearly two decades.
Cybersecurity and systemic risk are two sides of the same coin. As we saw recently with the CrowdStrike outage, the interconnected nature of enterprises today brings with it great risk that can have a significant negative effect on any company’s finances. million , per IBM, which represents a 10% increase over the prior year.
Cloud strategies are undergoing a sea change of late, with CIOs becoming more intentional about making the most of multiple clouds. A lot of ‘multicloud’ strategies were not actually multicloud. Today’s strategies are increasingly multicloud by intention,” she adds.
As CIOs seek to achieve economies of scale in the cloud, a risk inherent in many of their strategies is taking on greater importance of late: consolidating on too few if not just a single major cloud vendor. This is the kind of risk that may increasingly keep CIOs up at night in the year ahead.
Task automation platforms initially enabled enterprises to automate repetitive tasks, freeing valuable human resources for more strategic activities. Enterprises that adopt RPA report reductions in process cycle times and operational costs.
The rise of generative AI (GenAI) felt like a watershed moment for enterprises looking to drive exponential growth with its transformative potential. However, this enthusiasm may be tempered by a host of challenges and risks stemming from scaling GenAI. That’s why many enterprises are adopting a two-pronged approach to GenAI.
The key areas we see are having an enterprise AI strategy, a unified governance model and managing the technology costs associated with genAI to present a compelling business case to the executive team. Our research indicates a scramble to identify and experiment with use cases in most business functions within an enterprise.
The company provides industry-specific enterprise software that enhances business performance and operational efficiency. Infor offers applications for enterprise resource planning, supply chain management, customer relationship management and human capital management, among others.
And, yes, enterprises are already deploying them. Adding smarter AI also adds risk, of course. “At The big risk is you take the humans out of the loop when you let these into the wild.” When it comes to security, though, agentic AI is a double-edged sword with too many risks to count, he says. “We
The results showed that (among those surveyed) approximately 90% of enterprise analytics applications are being built on tabular data. What could be faster and easier than on-prem enterprise data sources? Observability represents the business strategy behind the monitoring activities.
With the cloud being an inevitable part of enterprise digital transformation journeys, IT leaders must keep on top of the latest developments in the cloud market to better predict downstream impacts on their roadmaps. The cloud services landscape is in constant flux.
Agentic AI was the big breakthrough technology for gen AI last year, and this year, enterprises will deploy these systems at scale. According to a January KPMG survey of 100 senior executives at large enterprises, 12% of companies are already deploying AI agents, 37% are in pilot stages, and 51% are exploring their use.
For Kevin Torres, trying to modernize patient care while balancing considerable cybersecurity risks at MemorialCare, the integrated nonprofit health system based in Southern California, is a major challenge. They also had to retrofit some older solutions to ensure they didn’t expose the business to greater risks.
Organizations can’t afford to mess up their data strategies, because too much is at stake in the digital economy. How enterprises gather, store, cleanse, access, and secure their data can be a major factor in their ability to meet corporate goals. Here are some data strategy mistakes IT leaders would be wise to avoid.
Financial institutions have an unprecedented opportunity to leverage AI/GenAI to expand services, drive massive productivity gains, mitigate risks, and reduce costs. GenAI is also helping to improve risk assessment via predictive analytics.
One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. 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
Business risk (liabilities): “Our legacy systems increase our cybersecurity exposure by 40%.” Our research shows 52% of organizations are increasing AI investments through 2025 even though, along with enterprise applications, AI is the primary contributor to tech debt.
Data sovereignty and the development of local cloud infrastructure will remain top priorities in the region, driven by national strategies aimed at ensuring data security and compliance. Governments and enterprises will leverage AI for operational efficiency, economic diversification, and better public services.
There are myriad systems kept on life support in every enterprise because companies delay replacing them, resulting in downtime and the continual need for time-consuming fixes, which consume resources and continue to build technical debt. Windows Server 2012 is not alone. Consider, for example, a school building that contains asbestos.
Generative AI (GenAI) software can transform various aspects of enterprise operations, which makes it a critical component of modern business strategies. Well-defined guidelines and prompt optimization training help minimize the risk of errors while also maintaining compliance with enterprise policies.
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