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Addressing cloud waste: 4 steps to cloud computing cost optimization

CIO Business Intelligence

How could any CIO or application manager resist the call to the cloud when companies started sharing the huge successes they were having with their migrations and overall digital transformations? Now, more than a decade later, business leaders recognize the advantages the cloud offers but are struggling with bloated cloud costs.

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Chipotle’s recipe for digital transformation: Cloud plus AI

CIO Business Intelligence

Removing the physical speaker box on site was a simple concept but a key part of a bigger digital transformation Chipotle kicked off in 2018 that led to an explosion in business, in large part because the digital ordering system required less human labor during the pandemic. Chipotle’s digital business in 2022 was $3.5

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Enterprise Storage Trends That CIOs Need to Grasp for the Remainder of 2022

CIO Business Intelligence

To help make it quick and easy for IT leaders to get a reliable snapshot of the enterprise storage trends, we put together this “trends update” for the second half of 2022. We predicted at the start of 2022 that cyber resilience from the storage estate would be critical this year because of the threats of cyberattacks.

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New CIO appointments in India, 2022

CIO Business Intelligence

With more and more companies undertaking the journey of digital transformation, the role of the CIO has become critical. March 2022. February 2022. January 2022. Prashant Thakur joins Vakrangee as head of tech and digital. Based in Mumbai, Dhanda will oversee IT and digital functions for the company.

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Nvidia speeds AI, climate modeling

CIO Business Intelligence

Nvidia is hoping to make it easier for CIOs building digital twins and machine learning models to secure enterprise computing, and even to speed the adoption of quantum computing with a range of new hardware and software. At GTC 2022, the company announced new tools for building digital twins for scientific and engineering applications.

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5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). Cold: On-prem infrastructure As they did in 2022, many IT leaders are reducing investments in data centers and on-prem technologies. “We

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AI, predictive analytics top list of hot technologies for banks

CIO Business Intelligence

Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. in 2022 to $623 billion globally. Gartner highlights AI trend in banking.