IT Strategy: Page 14
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CIO ‘change fatigue’ dampens enterprise IT spend
Gartner trimmed back its global tech spending forecast for 2024, as executives contend with AI tool proliferation.
By Matt Ashare • Jan. 17, 2024 -
CEOs expect jobs cuts — and some gains — because of generative AI
Adoption of the technology will have a greater impact on headcount in industries like media and entertainment, a PwC survey found.
By Roberto Torres • Jan. 17, 2024 -
Trendline
Digital transformation
Digital transformation goes beyond technology — if companies want to engage in a new era of technology, they must rethink how work is done too.
By CIO Dive staff -
Bank of America CEO on digital transformation: ‘There’s always more to go’
The company has spent billions on data systems to support AI tools in the last decade, CEO Brian Moynihan said Friday.
By Matt Ashare • Jan. 17, 2024 -
Cyber tops business risk for enterprises worldwide, report finds
Worries over cybersecurity replaced business interruption as the top concern among U.S. businesses, according to the Allianz Risk Barometer.
By David Jones • Jan. 17, 2024 -
Citi poured $12B into tech last year, retired nearly 400 legacy apps
While efforts to modernize are underway, the company is operating at a loss and plans to cut 20,000 positions by 2024 as part of a broader restructuring.
By Matt Ashare • Jan. 16, 2024 -
Sponsored by Workato
Speed is the overlooked IT prediction in 2024
In 2024, IT leaders are facing a brand-new set of challenges. As we enter the age of AI, speed needs to be top of mind for all leaders.
By Carter Busse, Chief Information Officer, Workato • Jan. 16, 2024 -
Google Cloud pulls back on egress fees in multicloud play
The hyperscaler removed charges for customers migrating data to another cloud provider or on-prem.
By Matt Ashare • Jan. 12, 2024 -
Google lays off hundreds of workers, citing organizational changes
Several divisions were impacted, including teams in central engineering, augmented reality and the Assistant unit.
By Roberto Torres • Jan. 12, 2024 -
Victoria’s Secret to infuse AI into online shopping
The intimate apparel company tapped Google Cloud’s Vertex AI to enhance search capabilities and personalize product recommendations.
By Kristen Doerer • Jan. 11, 2024 -
SAP adds board-level cloud migration unit, reshuffles executive roles
The ERP behemoth aims to ease customers’ journey to SaaS as it moves to a usage-based pricing model.
By Matt Ashare • Jan. 11, 2024 -
Businesses work to deliver on generative AI aspirations in 2024
Turning hype into tangible business value is quite the feat, but it's what the C-suite expects from CIOs this year.
By Lindsey Wilkinson • Jan. 11, 2024 -
Cracking COBOL: Banks to deploy AI to retool legacy apps
Generative AI will help engineers retool aging applications, overcoming a major modernization hurdle, according to Accenture.
By Matt Ashare • Jan. 9, 2024 -
7 business technology trends to watch in 2024
Technology leaders will spend much of this year perfecting their businesses' AI strategies, keeping an eye on the budget and attracting tech talent.
By Roberto Torres , Matt Ashare , Lindsey Wilkinson • Jan. 9, 2024 -
How CIOs can overcome ‘AI-washing’ while vetting vendors
Analysts expect regulatory agencies to monitor the validity of AI claims. But CIOs need to keep a close eye on vendors as well.
By Lindsey Wilkinson • Jan. 8, 2024 -
IT unemployment rose in December, but experts remain optimistic
Despite the increase, the technology industry added nearly 13,000 new positions last month, marking its largest increase since April 2023.
By Roberto Torres • Jan. 5, 2024 -
LastPass enforces 12-character master password lengths
The password manager enforced its guidance on master password complexity nearly a year and a half after a major cyberattack.
By Matt Kapko • Jan. 5, 2024 -
Even with AI, human touch remains essential in customer service
Though customers are comfortable with agents using AI to speed up inquires, they still want to talk to live humans, research found.
By Bryan Wassel • Jan. 5, 2024 -
Enterprise tech buyers prize efficiency, productivity gains
While immediate business value is a priority, organizations also want vendors to provide implementation expertise, according to Forrester.
By Matt Ashare • Jan. 4, 2024 -
Should CIOs worry about the GPU shortage?
Chipmakers, hyperscalers and other IT providers are rushing to deliver the processors enterprises need for generative AI initiatives.
By Matt Ashare • Jan. 4, 2024 -
Xerox to trim 15% of workforce in restructuring effort
The IT firm will cut its headcount by roughly 3,000 workers in the first quarter as it rolls out a new operating model.
By Roberto Torres • Jan. 3, 2024 -
Data privacy risks stall AI adoption in corporate finance
Despite concerns, most leaders expect generative AI to become a core component of financial processes, according to a OneStream poll.
By Alexei Alexis • Jan. 3, 2024 -
Employees turn to generative AI for research, data analysis as 2024 kicks off
With broad enterprise adoption still in the early stages, the technology is finding its way into daily workflows.
By Lindsey Wilkinson • Jan. 2, 2024 -
7 CIO storylines to watch in 2024
Cloud, AI and tech talent will keep IT leaders on their toes as the year advances.
By Roberto Torres • Jan. 2, 2024 -
Industry clouds set for slow start in the new year: Forrester
Cost and lack of clear path to ROI to hinder adoption in 2024, according to the analyst firm’s research.
By Matt Ashare • Dec. 21, 2023 -
Rite Aid banned from use of facial recognition tech for 5 years
The company’s “reckless” use of the technology harmed customers, the FTC said in a court case settlement.
By Nate Delesline III • Dec. 20, 2023