The Latest
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Citi reaps rewards from modernization investments
The bank retired 450 legacy applications this year and over 1,250 since 2022, CFO Mark Mason said Tuesday.
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Sponsored by Skyflow
The data privacy vault: Safeguarding against PII data breaches
What if hackers breached your systems, but found nothing valuable? Discover the data privacy vault.
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More tech chiefs have success measured by profitability, cost management
IT leaders expect to strengthen their C-suite ties as the role expands, according to a ServiceNow report released Tuesday.
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How CIOs are reskilling their workforce
A learning culture can help tech executives promote continuous training opportunities, especially as organizations embed AI across key processes.
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AT&T, Broadcom move toward settling legal feud
The two parties told the New York Supreme Court Friday they were making progress in resolution discussions over VMware support services.
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Cyber risk tops C-suite concerns heading into US election
American business leaders will continue to focus on data regulation, AI and technology investments regardless of which party prevails in November, according to PwC.
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More attrition awaits overworked IT teams
Nearly half of tech workers plan to switch jobs in the next year as work piles up, according to a Harvey Nash report published Monday.
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AI adoption brings revenue boosts, but data readiness lags
Nearly two-thirds of businesses plan to increase their efforts in the next two years, an Accenture survey found.
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Data overload thwarts digital transformation in banking
Despite eagerness to scale AI capabilities, the financial sector remains mired in technical debt.
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Inside North Highland’s ‘client zero’ approach to generative AI
The management consulting firm partly credits its early adoption of Anthropic's Claude Enterprise tool for boosting workforce buy-in for its strategy.
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Walmart advances AI ambitions with LLM trained on its own data
The retailer’s AI investments include LLMs tailored to its own needs and personalized homepages set to launch by the end of 2025.
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AI adoption rush puts mainframes back in the spotlight
Coding assistants are, in turn, helping engineers refactor aging COBOL applications, according to IBM.
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SAP expands Joule copilot capabilities, adds collaborative AI agents
The enterprise technology vendor said its autonomous agents can resolve disputes and streamline financial processes.
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CrowdStrike outage: Fallout and recovery
How HP dodged the July CrowdStrike outage
After catching early signs of the problem, the company used its IT management tool to install a remediating patch in its global fleet of 79,000 PCs.
Updated Oct. 14, 2024 -
Eli Lilly names first chief AI officer
Thomas Fuchs will lead AI initiatives across Lilly, including in drug discovery, clinical trials and manufacturing.
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With AI market headed for trillion-dollar mark, chip shortages loom
Bain & Company expects AI workloads to grow by as much as 35% each year through 2027, accelerating GPU and upstream component consumption.
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Knowledge workers lean on AI as workloads increase
Employees still wade through excessive drudge work, spending half their week on low-impact tasks, according to a Wrike report.
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CISOs, C-suite remain at odds over corporate cyber resilience
More than a year after the SEC revamped cyber disclosure rules, security and IT executives still struggle to articulate enterprise risk strategies.
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Boardrooms split on AI readiness, pace of adoption: Deloitte
Just 2% of board members are highly knowledgeable or experienced in AI, according to a Deloitte survey.
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AI adoption drives ‘unmanageable’ spike in cloud costs
IT and financial executives leverage FinOps to rein in software and infrastructure spending, according to a Tangoe report.
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Enterprises cling to mainframe as cloud expands
Companies that lean on the enterprise workhorse are increasing capacity and purchasing new units, according to ISG research.
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IT hiring roars back after monthslong slump
Positive indicators in the economy overall led to increased hiring for tech positions in September, according to CompTIA.
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AI-powered software testing gains traction, but still needs guardrails
Human validation is key to mitigating risk, IT leaders said in a survey commissioned by Leapwork.
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Banking tech alliance drafts enterprise AI adoption guidelines
The Fintech Open Source Foundation, which now includes Nvidia and Moody’s, outlined LLM risks and control measures to guide deployment in the industry.
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Generative AI will spark mass upskilling of software engineers, Gartner says
“Building AI-empowered software will demand a new breed of software professional, the AI engineer,” Gartner’s Philip Walsh said.
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Senior AI talent rakes in top dollar amid rising demand
Data scientists and other specialized roles earn cash compensation of up to $350,000, according to a Menlo Ventures report.