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BNY Mellon banks on AI to improve master data

CIO Business Intelligence

Hirschhorn, who joined the bank in late 2020, has worked in financial services for over three decades, during which the finance industry’s concerns about data have changed significantly. “Twenty years ago, we were trying to make sure our systems didn’t fall over,” he says. We took a very methodical view,” says Hirschhorn. “We

Banking 141
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The rise of the chief transformation officer

CIO Business Intelligence

While transformation of business processes, revenue models, and organizational structure has been ongoing for some time, the past few years have seen accelerated change. By 2023, 93% of responding organizations said they have adopted or planned to adopt digital-first business strategies, continuing the transformation wave.

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How 6 venture capitalists are thinking about 2023 — and their advice to startups

GeekWire

As part of an annual GeekWire tradition, we asked six investors to come up with predictions for 2023. Last year started with headlines about the blistering proliferation of unicorn startups and the mind-boggling amount of investment that flowed to startups in 2021. Does your firm plan to make more or fewer investments in 2023, and why?

Company 122
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Women IT leaders on their climb to the top

CIO Business Intelligence

Just 28% of IT leadership roles are filled by women, according to DDI’s 2023 Global Leadership Forecast , and many women end up leaving IT careers due to workplace culture, pay equity, microaggressions, and a lack of forward growth and promotion, among other uphill challenges.

Meeting 131
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Technology Short Take 162

Scott Lowe

Hopefully I’ve managed to find something you’ll find useful! Networking. This article provides a few practical examples of how using VPC Endpoints to reduce network traffic moving through NAT Gateways can help save money. This article is an interesting look at Internet scanning. The corny (cheesy?)

Devops 87
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With generative AI, IT must deliver knowledge…not just technology

CIO Business Intelligence

You don’t have to look further than recent headlines to know generative AI has garnered outsized attention in 2023. And for good reason. GenAI has been estimated to increase skilled worker performance by up to 40% with the potential to add trillions of dollars in value to the global economy. Both these tasks can deeply benefit from IT.

Training 142
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10 things keeping IT leaders up at night

CIO Business Intelligence

That’s not to say they’re looking to ditch their roles or smash machines, as the real Luddites had. For example, it highlighted a 153% rise in global ransomware attacks from September 2022 to September 2023. For example, it highlighted a 153% rise in global ransomware attacks from September 2022 to September 2023.