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Principal Financial unifies IT to lay foundation for growth

CIO Business Intelligence

As such, Kay’s biggest challenge in setting the stage for her digital ambitions — and one that has involved the entire C-suite — has been unifying the IT operations of Principal Financial’s individual businesses units in order to develop an enterprise-wide data foundation and cloud architecture on which to build its next-generation services.

Financial 124
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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO Business Intelligence

Around the turn of the century, Autonomy Corporation was one of the darlings of the UK technology industry, specializing in knowledge management and enterprise search. Rather than selling software to customers, HP said, Autonomy had been selling them hardware at a loss, then booking the sales as software licensing revenue.

HP 105
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3 certification tips for IT leaders looking to get ahead

CIO Business Intelligence

Saurabh Chandra, managing director at Boston Consulting Group, says, “Enterprises today demand customized solutions to meet their specific business needs. IT leaders should also consider broadening their knowledge of the industry in which they work, says Mayank Bhargava, chief technology and data officer at Pramerica Life Insurance.

Insurance 122
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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 140
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11 ways to reduce your IT costs now

CIO Business Intelligence

Contractors and vendors should be treated like your car insurance,” says Pratt. Periodic checks on your IT spending can unearth hidden costs you might not be aware of, from unused software licenses to redundant services. Billing errors, overprovisioning of licenses, and changes in capacity are other things to look for.

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Lawsuit claims IBM falsely used mainframe sales to boost AI, cloud businesses

CIO Business Intelligence

Hayden alleges that, while he worked for IBM, the company unlawfully used his proprietary business method — A2E — that he had developed to streamline enterprise sales. In that case, filed in March last year, Gerald Hayden, an ex-IBM employee, accuses IBM of theft of trade secrets and intellectual property.

IBM 98
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Micro transformation: Driving big business benefit through quick IT wins

CIO Business Intelligence

The CIO of transportation and logistics company Werner Enterprises has spent the bulk of his career doing full-blown transformation projects that often took two or three years to complete and ended up being a “massive, monolithic platform.” But by then, the business requirements had changed, “and frankly, it doesn’t work,’’ Mahon says.