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Prioritizing AI? Don’t shortchange IT fundamentals

CIO Business Intelligence

Fundamentals like security, cost control, identity management, container sprawl, data management, and hardware refreshes remain key strategic areas for CIOs to deal with. When you think about all the blocking and tackling a CIO needs to do for regular applications, that especially applies to AI.”

Hardware 142
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The AI continuum

CIO Business Intelligence

AI’s broad applicability and the popularity of LLMs like ChatGPT have IT leaders asking: Which AI innovations can deliver business value to our organization without devouring my entire technology budget? It provides smart applications for translation, speech-to-text, cybersecurity monitoring and automation.

Dell 86
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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.

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7 cloud market trends and how they will impact IT

CIO Business Intelligence

The frenzy created by the public release of OpenAI’s ChatGPT has triggered an arms race among hyperscalers to differentiate themselves by developing their own large language models (LLMs), building platforms that enable enterprises to create generative AI applications, and integrating generative AI throughout their portfolios of service offerings.

Trends 144
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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO Business Intelligence

To be sure, enterprise cloud budgets continue to increase, with IT decision-makers reporting that 31% of their overall technology budget will go toward cloud computing and two-thirds expecting their cloud budget to increase in the next 12 months, according to the Foundry Cloud Computing Study 2023.

Strategy 130
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Efficiency, performance, and security; the three priorities that new IT investment should focus on

CIO Business Intelligence

As the broader economy and business environment continues to recover and rebound, there is an opportunity for IT leaders to leverage increased budgets to strategically invest in and prepare for new approaches to enterprise technology. With hardware, this means a renewed focus on three areas: efficiency, performance, and security.

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Should finance organizations bank on Generative AI?

CIO Business Intelligence

In the numerically based finance and banking industry, does generative AI have as much application potential? PayPal is a good example, improving the detection of fraudulent transactions using Intel® technologies integrated into a real-time data platform from Aerospike. In short, yes. But it’s an evolution. Regulatory compliance.

Banking 130