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Generative AI gold rush drives IT spending — with payoff in question

CIO Business Intelligence

Interest in AI, building since last year, will push a 10% increase in data center system spending this year, driving worldwide IT spending to $5.06 In other words, CIOs are likely to be apportioning more budget toward speculative initiatives less likely to pan out. What does AI give me? In January, Gartner had predicted a 6.8%

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8 pressing needs for CIOs in 2024

CIO Business Intelligence

The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Here, we detail those and others that comprise eight of the top priorities for CIOs in 2024. Among the various strategies at our disposal, automation stands out as a pivotal solution,” she says. “In

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Microsoft invests €3.2 billion in AI and the cloud in Germany

CIO Business Intelligence

billion in Germany by the end of 2025 to double the artificial intelligence and cloud capacities of its data centers there. Germany has always been at the forefront of technological and innovative change, Smith said, and this is also evident in terms of AI when he analyses the data available to Microsoft.

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IT services spending signals major role change for CIOs ahead

CIO Business Intelligence

Analyst firm Gartner has released its 2024 worldwide IT spending forecast, and the topline is eyepopping: Overall IT expenditures are projected to grow 6.8% in 2024, second only to software, at 12.7%, another category for which the firm sees no future plateau. this year to a hair under $5 trillion. 2 IT spending slot by 2028.

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IT leader’s survival guide: 8 tips to thrive in the years ahead

CIO Business Intelligence

Managers looking toward 2024 and beyond certainly have a full plate. Here are eight key ideas to consider that can help you prioritize, adapt, and thrive in 2024 and beyond. Decisions around game-changing current and future technology require decisive action and possible investment to remain competitive.

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10 top priorities for CIOs in 2024

CIO Business Intelligence

Gain stronger control over data Jae Evans, global CIO and executive vice president at Oracle, is planning to prioritize data control in 2024, and CIOs across industries would be wise to follow suit. “As As a large enterprise, we have vast amounts of data from disparate sources,” she says.

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Wrangling ESG data: The CIO’s next challenge

CIO Business Intelligence

“This is very quickly becoming another portfolio that the CIO absolutely has to care about,” says Chris Bedi, CIO at ServiceNow, which uses its own ESG Command Center product line to create the company’s ESG report. Bedi views sensors as simply part of the data center. Reporting the data.

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