article thumbnail

AWS growth slows further by persistent macroeconomic uncertainty

CIO Business Intelligence

billion in Q4 2022, this growth rate is slower compared to the 27.5% Cloud computing industry faces the heat Microsoft and Google, which compete with AWS for cloud computing market share, have reported similar reduction in customer spending, impacting growth in their respective cloud businesses. Amazon Web Services, Cloud Computing

article thumbnail

Regulatory uncertainty overshadows gen AI despite pace of adoption

CIO Business Intelligence

It’s no surprise, then, that according to a June KPMG survey, uncertainty about the regulatory environment was the top barrier to implementing gen AI. So here are some of the strategies organizations are using to deploy gen AI in the face of regulatory uncertainty. With AI, their users can get extremely smart research assistants.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The importance of governance: What we’re learning from AI advances in 2022

IBM Big Data Hub

This includes data collection, instrumenting processes and transparent reporting to make needed information available for stakeholders. IBM has also developed and open sourced a set of Trusted AI toolkits, including AI Fairness 360 , Adversarial Robustness 360 , AI Explainability 360 , Uncertainty Quantification 360 and AI FactSheets 360.

article thumbnail

Global managed services to grow in 2024 as enterprise IT spending rises

CIO Business Intelligence

This expected upward growth, IDC said, is indicated by the strong start to the year despite a decline in deals in 2022-23. Although the total number of deals declined in 2023 compared to the previous year, the average deal size remained constant, the report said. from 2023 to 2030,” Grand View Research said in one of its reports.

article thumbnail

3 Trends in Manufacturing and AI for 2022

Dataiku

With the current global health crisis, companies do have tools at their disposal to help them recover from this period of uncertainty and accelerate for the future. As such, before March 2020, many companies had already launched AI and analytics use case initiatives, but the challenge was how to scale those efforts.

article thumbnail

Atos CEO Yves Bernaert quits over governance differences

CIO Business Intelligence

His predecessor, Rodolphe Belmer, was appointed CEO in December 2022 and left in August 2023 following a dispute with activist shareholders. It had previously reported revenue of €11.3 billion and free cash flow of negative €197 million for the full year 2022.

article thumbnail

IT budget shock: Global IT services firms continue to struggle

CIO Business Intelligence

The global IT services industry is at a significant crossroads, with the explosive growth of generative AI and deepening economic uncertainties reshaping its future. These developments, along with broader market reports, have cast a shadow over the growth prospects of the IT services sector.

IT 94