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Oracle touts AI as major driver of Q3 gains

CIO Business Intelligence

The report for Q3 of fiscal 2024, released yesterday, said that Oracle had signed multiple large-scale cloud infrastructure contracts in the previous three months, with no end in sight, as CEO Safra Catz touted the company’s bright prospects in cloud. “We Enterprise Applications, Oracle, Technology Industry

Oracle 89
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What is a CTO? The exec who sets tech strategy

CIO Business Intelligence

What is a CTO? The chief technology officer (CTO) is the senior executive who focuses on the technological requirements, opportunities, and challenges within an organization. What does a CTO do? What does a CTO do? Years ago, the CTO most often led the infrastructure function.

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CIOs rethink all-in cloud strategies

CIO Business Intelligence

“‘Cloud exit’ became a big theme in 2023 and there’s good odds it’ll turn into a real trend for 2024. The savings are just too big to ignore for a ton of companies,” says David Heinemeier Hansson, the Danish developer of Ruby on Rails and co-owner and CTO of 37signals, which completed a six-month total exit from the cloud last June.

Strategy 143
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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. Decisions around game-changing current and future technology require decisive action and possible investment to remain competitive. So how can IT pros prepare for success in the near future given the shifting business, technology, political, and economic landscape?

CTO 137
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Top 10 barriers to strategic IT success

CIO Business Intelligence

In fact, CIOs listed numerous roadblocks to IT strategic success in the 2024 State of the CIO Study from Foundry, publisher of CIO.com. CIOs must redirect resources when technologies as revolutionary as generative AI come to market or risk falling behind or becoming obsolete — in which case, hitting other strategic goals won’t matter much.

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IT leaders explore footing amid shifting needs and the AI power struggle

CIO Business Intelligence

Either way, the result was that many IT leaders had to support some sort of enterprise transformation in work policies. IT leaders made regaining control of their cloud environments a top priority in 2023,” says Martin Hulbert, CTO of Ignite Technology, a software solutions provider based in the UK.

Cloud 122