Remove 2023 Remove Digital Transformation Remove Strategy Remove Uncertainty
article thumbnail

Top 9 challenges IT leaders will face in 2023

CIO Business Intelligence

Three years ago, IT leaders were squarely focused on how to adopt fledgling AI techniques and approaches into their business models in service of digital transformations that included plans for shifting some workloads to the cloud. How do you future-proof your business in the face of so much uncertainty?

IT 145
article thumbnail

20 issues shaping generative AI strategies today

CIO Business Intelligence

Just look at the stats:Some 45% of 2,500 executives polled for a May 2023 report from research firm Gartner said the publicity around ChatGPT prompted them to increase their AI investments, 70% said their organization is already exploring gen AI, and 19% are in actual pilot or production mode. It’s not a hammer.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

The top 7 FP&A trends for 2023

Jedox

In times of uncertainty and change, technology can drive our ability to adapt quickly. Organizations that have accelerated digital transformation and invested in upskilling their talent to embrace this transformation may find themselves in a better position to leverage the full potential of their tech investments.

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. Although there are efforts to boost industries such as semiconductors, there is much uncertainty about when the impact may be seen.

IT 97
article thumbnail

MWC 2024 Replay: Huawei unlocks resilient, ‘non-stop’ banking with four-pronged solutions strategy

CIO Business Intelligence

In 2023, the number of cyber attacks on global banks increased by 520%, and the average service recovery time of financial institutions after ransomware attacks was 16.3 The Huawei leader emphasised the inevitability of the world moving into a digital era and cautioned businesses of the uncertainty they will face.

article thumbnail

IBM to acquire Octo to boost its US government business

CIO Business Intelligence

IBM has announced it is acquiring US-based digital transformation services provider Octo for an undisclosed amount from private equity firm Arlington Capital Partners. In the consulting line of business, which includes business transformation, technology consulting and application operations, IBM reported a total revenue of $4.7

IT 98
article thumbnail

Select the Right Tech for the Right Transformation Task, Huawei Advises

CIO Business Intelligence

CIO Editor Andrea Benito visited the exhibition and sat down with Derek Hao, President of Global Marketing, Huawei Enterprise Business Group, on why the key to accelerating digital transformation is matching the right technologies to the right scenarios. Huawei Connect 2022, themed “Unleash Digital”, kicked off in Bangkok in September.