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Dell cuts jobs amid growing economic uncertainties

CIO Business Intelligence

There are primarily two points to consider here,” said Pareekh Jain, CEO of EIIRTrend & Pareekh Consulting. The second point is that while we’re seeing significant layoffs across Silicon Valley and IT companies worldwide, most still report good results, unlike Dell.” Fourth quarter revenue was down 11 percent year on year.

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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.

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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. Tata Consultancy Services experienced its slowest profit growth since 2020 in the December quarter, and Infosys failed to meet its quarterly profit expectations.

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How to Streamline Yardi Financial Reporting

Jet Global

Yardi offers a variety of different tools for reporting; unfortunately, each has its own unique shortcomings. Reporting in Yardi: the Default Options. There are no options for modifying the format of these reports, and in many cases, they may only provide a subset of results.

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IBM to acquire Octo to boost its US government business

CIO Business Intelligence

The US Federal Government has been investing heavily in IT modernization and cybersecurity, with an estimated budget of $65 billion for 2023 for civilian IT spending, according to a White House report. Its consulting business alone has acquired 13 companies to boost its offerings. Mergers and Acquisitions.

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Atos CEO Yves Bernaert quits over governance differences

CIO Business Intelligence

Having a finance expert like Saleh at the helm could help stabilize Atos as it seeks to negotiate the uncertainties around its debt rescheduling and its recapitalization plans, which the company says are unchanged since its announcement on Jan. It had previously reported revenue of €11.3

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Top 8 challenges IT leaders will face in 2024

CIO Business Intelligence

To get back in front, IT leaders will have to transform lessons learned from 2023 into actionable, adaptable processes, as veteran technology pros have been remarkably consistent in identifying global and economic uncertainties as key challenges for IT leaders to anticipate in 2024 as well.

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