IT Strategy: Page 18
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Bank of America to spend $3.8B on innovation next year
North American banks hold a global edge in AI investments, according to industry research firm Evident.
By Matt Ashare • Oct. 19, 2023 -
How P&G rolled out its internal generative AI model
Built on OpenAI's API, the solution supports over 35 use cases, CIO Vittorio Cretella said.
By Lindsey Wilkinson • Oct. 18, 2023 -
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 -
Tech spend to top $5 trillion in 2024 as CIOs contend with change fatigue
Cloud vendor price hikes and deferred projects will push 2024 IT spend above $5 trillion for the first time in Gartner's forecast.
By Matt Ashare • Oct. 18, 2023 -
It’s time for CIOs to think about prompt engineering
When companies purchase user-facing AI solutions, "do not think of it as just buying a piece of software but as hiring a teammate,” Gartner’s Don Scheibenreif said.
By Matt Ashare • Oct. 18, 2023 -
CIOs to boost cyber, data spending next year as IT expectations rise: Gartner
Technology executives primarily expect the increased spending to yield improved customer and citizen experiences, according to the analyst firm.
By Roberto Torres • Oct. 17, 2023 -
10 trends Gartner expects to shape enterprise tech in 2024
AI will take an oversized role in enterprise technology strategies in the coming year, according to the analyst firm.
By Roberto Torres • Oct. 16, 2023 -
Citi pumps another $3B into tech modernization
“At the end of the work, we will have a simpler firm that can operate faster, better serve our clients and unlock value for our shareholders,” CEO Jane Fraser said Friday.
By Matt Ashare • Oct. 16, 2023 -
Gartner urges CIOs to create a generative AI strategy
The technology is changing how work gets done and how employees interact with machines. Success will hinge on preparation as CIOs lead the efforts.
By Lindsey Wilkinson • Oct. 16, 2023 -
CIOs prioritize data upgrades as AI adoption intensifies
Most organizations favor a hybrid AI strategy, building on open-source models while also leveraging off-the-shelf tools, according to an MIT Technology Review report.
By Matt Ashare • Oct. 16, 2023 -
SMBs seek efficiency, customer connections in tech upgrades
Two-thirds of companies reported cost-cutting benefits as a result of tech stack enhancements, according to Verizon.
By Roberto Torres • Oct. 13, 2023 -
Ocean Spray targets core processes in digital transformation effort
Called xELERATE, the project seeks to enable technology across the business, according to Chief Digital and Technology Officer Jamie Head.
By Lindsey Wilkinson • Oct. 13, 2023 -
How the VA closed a 66% pay gap between public and private IT jobs
The agency moved to raise pay using a “people first, mission always” approach, according to Veterans Affairs Office CIO and CPO Nathan Tierney.
By Ryan Golden • Oct. 13, 2023 -
IT outages cost companies up to $1M per hour: report
Core business systems failures run companies nearly $8 million each year, according to New Relic.
By Roberto Torres • Oct. 12, 2023 -
Unilever taps Google Cloud, Accenture for custom enterprise app
The solution links more than 53,000 factory-based associates to Google collaboration tools and third-party learning and payroll systems, the consumer goods giant said.
By Matt Ashare • Oct. 11, 2023 -
Businesses using generative AI task CIOs with governance
One in 5 organizations adopting AI say no one is held accountable for the technology yet, according to Info-Tech Research Group data.
By Lindsey Wilkinson • Oct. 11, 2023 -
The top technology conferences to attend in 2024
The coming year will offer IT leaders plenty of opportunities to swap stories and learn about new technology use cases across multiple conferences and events.
By Roberto Torres • Oct. 11, 2023 -
PC market set to shake prolonged post-pandemic contraction
“The business PC market is ready for the next replacement cycle, driven by the Windows 11 upgrades,” Gartner Director Analyst Mikako Kitagawa said.
By Matt Ashare • Oct. 10, 2023 -
Is generative AI code ready for the enterprise?
Businesses are exploring how AI can assist software developers at work — and navigating early challenges in the process.
By Lindsey Wilkinson • Oct. 10, 2023 -
AWS launches training institute to tackle the cloud skills gap
Designed with input from Accenture and American Family Insurance, the 12-course program covers proficiencies in cloud architecting, Python coding and Amazon CodeWhisperer.
By Matt Ashare • Updated Oct. 10, 2023 -
Where to invest to close the cybersecurity skills gap
Executives in search of top cybersecurity talent should refine their recruitment processes and company culture.
By Jen A. Miller • Oct. 9, 2023 -
CEOs are prioritizing generative AI investments: KPMG
While the nascent technology is a top priority, most CEOs expect to see ROI in three to five years after initial investments.
By Lindsey Wilkinson • Oct. 9, 2023 -
IT job market cooled in September as unemployment rose, job postings fell
Signs of waning tech hiring clash against national labor market indicators, according to a CompTIA review of U.S. Bureau of Labor Statistics data.
By Roberto Torres • Oct. 6, 2023 -
How hackathons can fuel generative AI experimentation
From the White House to the average enterprise, the events provide dedicated time and space to iterate on ideas, work through problems and identify or create solutions.
By Lindsey Wilkinson • Oct. 5, 2023 -
Opinion
14 power skills to succeed as a CIO
Effective CIOs master goal setting, prioritization and time scheduling to achieve outcomes that matter, according to Gartner’s Christie Struckman.
By Christie Struckman • Oct. 5, 2023 -
How Capital One unlocked enterprise data, self-service workflows
Data democratization depends on organizational realignment as well as tech solutions, according to the company.
By Matt Ashare • Oct. 4, 2023