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What The Clover Group does to address legacy-related challenges

CIO Business Intelligence

For Tsholofelo Moeca, CIO at The Clover Group, South Africa’s largest dairy company, this puts additional pressure on CIOs to ensure the technologies brought into the business deliver results the business really needs. When equipment is nearing end-of-life and no longer supported, you’re walking a tightrope with no safety net.

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CIOs eager to scale AI despite difficulty demonstrating ROI, survey finds

CIO Business Intelligence

After years of IT expanding into non-traditional responsibilities, we’re now seeing how AI is forcing CIOs back to their core mandate,” Ken Wong, president of Lenovo’s solutions and services group, said in a statement. There is a sense of urgency to leverage AI effectively, but adoption speed and security challenges are hindering efforts.

Survey 98
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Seattle office market continues to struggle as vacancy rates rise for ninth consecutive quarter

GeekWire

It also marked the ninth straight quarter of negative net office absorption, which is calculated by the total amount of space leased minus the total space vacated in a given quarter. A struggling office market could have implications for the city’s tax revenue, especially with a budget shortfall.

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Zillow Group CEO Rich Barton on the ?great reshuffling,? and why he?s optimistic about it

GeekWire

Zillow Group CEO Rich Barton says a “great reshuffling” will change where and how people live and work. Zillow Group Photo). Zillow Group stock, now trading at about $57 per share, is up more than 25% since Jan. Wall Street seems to like the message, and the recent results.

Groups 70
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Gates Foundation gives millions to help persuade ultra-wealthy donors to give more of their billions

GeekWire

In a time of global pandemic, economic crisis and rising unemployment, the Gates Foundation’s most surprising philanthropic target is a group often overlooked by donors: billionaires themselves. From its initial group of 40 signatories, over 210 UHNIs have now signed the pledge.

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Airbnb valued at $100 billion following blockbuster IPO — equivalent of more than five Expedias

GeekWire

It’s also valued at more than five Expedia Groups, the Seattle-based travel company that closed trading today valued at $18.4 In its IPO filing, Airbnb listed Expedia Group as well as Booking Holdings as two competitors. By comparison, Expedia Group posted revenue of $4.2 It raised $3.5 billion in the largest U.S.

Travel 101
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11 ways to reduce your IT costs now

CIO Business Intelligence

The net result is that some organizations’ technology debts are growing faster than anything else and robbing them of their budgets and ability to innovate.” The need to reorient IT’s budget toward future opportunities is one big reason CIOs are reviewing their IT portfolios now. But it’s not the only one.