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2024 marked a year where innovations happened at every layer of the AI stack, from revolutionary hardware advances to breakthrough applications. These advances made AI development more accessible and more powerful than ever before. Lets take a look at the developments that transformed the field over the past year.
A sharp rise in enterprise investments in generativeAI 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.
The IT industry has a long history of vendors exaggerating the functionality of their products, and it’s certainly happening in the current AI hype cycle. Now, even user companies appear to be overstating their AI capabilities, potentially leading to major headaches.
Private cloud providers may be among the key beneficiaries of today’s generativeAI gold rush as, once seemingly passé in favor of public cloud, CIOs are giving private clouds — either on-premises or hosted by a partner — a second look. The excitement and related fears surrounding AI only reinforces the need for private clouds.
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. As a digital transformation leader and former CIO, I carry a healthy dose of paranoia. Is the organization transforming fast enough?
Also, ransomware-as-a-service is a growing problem as cybercriminals use generativeAI to aid their attacks. Also, ransomware-as-a-service is a growing problem as cybercriminals use generativeAI to aid their attacks. One area that merits attention is software-defined WAN or SD-WAN.
Nimesh Mehta, SVP and chief information and strategy officer, National Life Group National Life Group The 2024 State of CIO research clearly depicts a more prominent, business-centric role for IT leadership. Nimesh Mehta might not have millions of followers on social media, yet he still considers himself an influencer.
Farys is a water utility that provides cities and municipalities in Belgium with public domain services and infrastructure management—from the distribution and transport of drinking water to water sanitation to sports facilities and swimming pools. If you watched DUNE or read the book, then you’ll get my drift: waste not, want not.
ChatGPT was a watershed moment in the evolution and adoption of AI. Others have seen gen AI as an opportunity to advance their AI projects with uniquely constructed technology. This is the case of Alpitour World, one of Italy’s largest travel companies, where gen AI projects have merged with preexisting uses of AI.
The findings align with CIO.com’s own 2024 State of the CIO survey results, which highlighted the CIO as a change maker in the business spotlight. Both surveys show that the past year — one in which generativeAI broke mainstream — has seen a considerable shift in the perception of the CIO remit.
And he has seen some respond by moving workloads from the cloud back to on-premises data centers, a move they feel gives them better control over costs and privacy standards. Research shows that CIOs have been moving workloads back from the cloud for many years and continue to do so.
This post is co-written with Nofar Diamant and Matan Safri from AppsFlyer. Audiences Segmentation legacy architecture and modernization drivers Audience segmentation involves defining targeted audiences in AppsFlyer’s UI, represented by a directed tree structure with set operations and atomic criteria as nodes and leaves, respectively.
Instead, the publicly held operator of Cathay Pacific Airlines and HK Express is shifting from migration to optimization mode in an effort to wrest additional benefits from its all-in cloud transformation. Even as its cloud journey reaches cruising altitude, Cathay Pacific Group IT is not slowing down.
From the factory floor to online commerce sites and containers shuttling goods across the global supply chain, the proliferation of data collected at the edge is creating opportunities for real-time insights that elevate decision-making. billion connected IoT devices by 2025, generating almost 80 billion zettabytes of data at the edge.
Most CEOs (72%) continue to prioritize digital investments, according to the 2022 CEO Outlook report from KPMG, in part due to concerns about emerging and disruptive technology, a top three risk to organizational growth. Once a vanguard business strategy, digital transformation has become a perennial objective for business survival.
Commerce is a complex journey in which the moment of truth—conversion—takes place. Ecommerce is dead The idea of an “ecommerce business” is an anachronism, a holdover from when breaking into the digital realm involved replicating product descriptions on a web page and calling it an ecommerce store.
Now with the focus on AI, Tractor Supply is once again capitalizing on its early adopter position thanks to longtime investments in AI for sales and merchandise forecasting and for optimizing replenishment of goods. Next in queue is exploration of agentic AI applications to automate core processes.
However, a closer look reveals that these systems are far more than simple repositories: Data catalogs are at the forefront of bringing AI into your business for at least two reasons. Second, AI governance has become a priority just recently, driven by the sudden ubiquitous surge in (Generative) AI use cases on the one hand.
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