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8 strategies for accelerating IT modernization

CIO Business Intelligence

Recent research found that application modernization took an average of 16 months. And with infrastructure and application modernization cited as key reasons for CIOs’ budget increases this year, according to the 2024 State of the CIO Survey, that pace is not fast enough. That’s the black swan for gen AI,” Gupta says.

Strategy 140
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5 ways to maximize your cloud investment

CIO Business Intelligence

Migrating infrastructure and applications to the cloud is never straightforward, and managing ongoing costs can be equally complicated. Refactoring applications to take advantage of cloud-native services is vital to maximizing cloud ROI. Overspending is easy to do,” says Chris McMasters, CIO at the City of Corona, California.

Cloud 124
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13 essential skills for accelerating digital transformation

CIO Business Intelligence

Digital transformation is indeed a cornerstone of business strategy today, as 89% of enterprises see digital business as core to their growth, according to Gartner’s Board of Directors 2023 Survey. As Betzig frames it, the next phase involves the business application of that foundation.

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The year’s top 10 enterprise AI trends — so far

CIO Business Intelligence

AI is now a board-level priority Last year, AI consisted of point solutions and niche applications that used ML to predict behaviors, find patterns, and spot anomalies in carefully curated data sets. But there’s also the downside: the possibility gen AI will take companies down. billion to the global economy.

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What IT executives are saying about vendor consolidation

CIO Business Intelligence

While there is little doubt that companies have been cutting back on expenses generally in response to economic uncertainty, startups in particular have been feeling the pain of contracting budgets and reluctant investors. At this point in time, it needs to be asked whether such a rapid increase in the number of vendors is sustainable.

Survey 128
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Weighing risk and reward with gen AI vendor selection

CIO Business Intelligence

In mid-November, OpenAI’s board fired the CEO of the company, Sam Altman, the guy who put ChatGPT on the map and ushered in a new era of corporate AI deployments. Within the next three days, nearly all of the company’s employees said they’d walk out the door, and the fate of OpenAI looked extremely uncertain. He’s not the only one.

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7 challenges facing CIOs and IT leaders in 2020

mrc's Cup of Joe Blog

Companies who want to survive and thrive are looking to new technologies like AI and automation to bridge the gap and gain a competitive edge. Of course, not many companies can afford this option. A recent survey found that 70% of enterprise ransomware victims paid the ransom. How can you address this challenge? It’s lucrative.