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

Demand for software developers to persist, despite 2023 woes

New layoff waves kicked off the new year, but demand for technical talent will persist, according to CoderPad data.

By Roberto Torres • 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

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

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

Accenture’s AI business booms as enterprises shift to deployment mode

“2023 was a year of generative AI experimentation,” CEO Julie Sweet said Tuesday. “We are now focusing on helping our clients in 2024 realize value at scale.”

By Matt Ashare • Dec. 19, 2023

CIO most likely chief to be external hire: report

The trend suggests a desire to bring outside perspectives into the tech suite as transformation unfolds, according to executive search firm Spencer Stuart.

By Roberto Torres • Dec. 15, 2023

Enterprise cloud aspirations hindered by buyer’s remorse

Most organizations are saddled with second thoughts about their primary hyperscaler contract as adoptions proceed.

By Matt Ashare • Dec. 14, 2023

6 IT experts share what’s next in cloud, generative AI and tech talent

Enterprise technology pros shared their top priorities and outlooks ahead of the new year during a CIO Dive live event last week.

By Roberto Torres • Dec. 11, 2023

Cloudflare doubles down on inference workloads

CEO Matthew Prince sent technicians with “suitcases full of GPUs” around the world with the goal of deploying the chips in 100 cities by the end of the year.

By Matt Ashare • Dec. 5, 2023

For Arvest Bank, wholesale cloud modernization had to start small

With an end-to-end IT assessment in place, Chief Transformation and Operations Officer Laura Merling's team rolled out pre-migration modernizations to make way for cloud.

By Matt Ashare • Dec. 5, 2023

ChatGPT turns 1: What’s next for enterprise generative AI?

The public release of ChatGPT fueled a scramble to embed the tech in workflows. Despite efforts, CIOs still grapple with transparency and responsible use.

By Lindsey Wilkinson • Nov. 30, 2023

15 CIO appointments that shaped 2023

Southwest Airlines, Walgreens and Citi are among the companies that switched up their top tech leadership this year.

By Roberto Torres • Nov. 28, 2023

3 takeaways from AWS’ generative AI course for executives

Knowledge workers, employees with technical expertise and high-level executives alike can benefit from training to grasp the nascent tech.

By Lindsey Wilkinson • Nov. 27, 2023

OpenAI fallout underscores importance of triaging vendor risks

With OpenAI’s stability in question, enterprise tech leaders have a central role in helping their businesses navigate the terrain.

By Lindsey Wilkinson • Updated Nov. 22, 2023

Citi reshuffles tech leadership amid right-sizing push

The financial services company elevated Jonathan Lofthouse to co-CIO following the departure of Stuart Riley, who held the position for 3 months.

By Matt Ashare • Nov. 20, 2023

OpenAI CEO out, CTO steps in as interim chief

Sam Altman left the company after the board completed a deliberative review process, which found Altman wasn’t “consistently candid” with the board. 

By Lindsey Wilkinson • Updated Nov. 20, 2023

Clorox CISO departs, CIO to step in, months after cyberattack

The C-suite change comes in the aftermath of a cyberattack that damaged IT infrastructure, led to widespread disruption and negatively impacted earnings. 

By Lindsey Wilkinson • Nov. 16, 2023

Global Payments to elevate CIO from within

The fintech company tapped Shannon Johnston, deputy CIO and chief digital offficer, to assume the role on Jan. 1, when Guido Sacchi retires after nearly 13 years as CIO

By Matt Ashare • Nov. 9, 2023

Slack CEO to depart after first year at the helm

Lidiane Jones will step down from the top role at the collaboration software company to lead online dating app Bumble on Jan. 2. 

By Roberto Torres • Nov. 6, 2023

Global cybersecurity workforce grows, but still confronts shortfall of 4M people

Despite growing to 5.5 million global professionals, an ISC2 study shows the industry still needs millions of qualified workers to fend off rising digital threats.

By David Jones • Nov. 6, 2023

Tech labor market rebounded in October

Employers across the industry added nearly half a million jobs, according to a CompTIA review of U.S. Bureau of Labor Statistics data.

By Roberto Torres • Nov. 3, 2023