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CIOs weigh where to place AI bets — and how to de-risk them

CIO Business Intelligence

There are a lot of risks and a lot of land mines to navigate,” says the analyst. billion in 2024 to $521.0 Coming to grips with risk The first step in making any bet — or investment — is to understand your ability to withstand risk. The opportunity is too big. billion on 2027.

Risk 133
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Getting ready for artificial general intelligence with examples

IBM Big Data Hub

According to Andreessen Horowitz (link resides outside IBM.com ) , in 2023, the average spend on foundation model application programming interfaces (APIs), self-hosting and fine-tuning models across surveyed companies reached USD 7 million. 46% of survey respondents in 2024 showed a preference for open source models.

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What is digital transformation? A necessary disruption

CIO Business Intelligence

Most CEOs (72%) continue to prioritize digital investments, according to the 2022 CEO Outlook report from KPMG, in part due to concerns about emerging and disruptive technology, a top three risk to organizational growth. Amazon became a metaphor for markets upended in upstarts digitalization wake. Companies are not exempt from that.

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Maximize the power of your lines of defense against cyber-attacks with IBM Storage FlashSystem and IBM Storage Defender

IBM Big Data Hub

It exists because the profits are high while the risks are low. According to the 2024 IBM® X-Force® Threat Intelligence Index , ransomware has become the most common attack observed globally in the past four years. Far from stopping, cybercrime is constantly increasing.

Snapshot 106
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AI governance is rapidly evolving — Here’s how government agencies must prepare

IBM Big Data Hub

In An Overview of Catastrophic AI Risks , the authors identify several mitigations that can be addressed through governance and regulation (in addition to cybersecurity). They identify international coordination and safety regulation as critical to preventing risks related to an “AI race.”

Risk 78
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6 benefits of data lineage for financial services

IBM Big Data Hub

Efficient cloud migrations McKinsey predicts that $8 out of every $10 for IT hosting will go toward the cloud by 2024. The regulation was meant to strengthen banks’ risk-related data-aggregation and reporting capabilities—enhancing trust in data. The Basel Committee released BCBS 239 as far back as 2013.

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Optimizing Remote Engagement with Microsoft Teams Voice and Video

CDW Research Hub

According to Gartner , it is estimated that by 2024 in-person meetings will account for just 25% of enterprise meetings—a drop from 60% prior to the pandemic driven by remote work and changing workforce demographics. Improve communication by hosting meetings, group events, or larger virtual conferences with employees or external guests.