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Generative AI sparks family business renaissance: PwC report

CIO Business Intelligence

The next generation of leaders in family businesses is poised to embrace the transformative power of generative AI (GenAI) despite marked resistance from the incumbent leaders, according to a PwC report. The survey findings too echoed Hinojosa’s sentiment.

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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. But there’s one low-risk use case where gen AI is allowed, he says.

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AWS growth slows further by persistent macroeconomic uncertainty

CIO Business Intelligence

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. Note that Microsoft does not separately report Azure revenue. Amazon Web Services, Cloud Computing

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

CIO Business Intelligence

The global market for managed services will rise in 2024 due to organizations’ IT spending surge and larger investments in managed services deals involving AI and cloud computing, according to market intelligence firm IDC. The region (Western Europe) maintained strong growth despite various economic and geopolitical uncertainties.

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ABM Evolution: How Top Marketers Are Using Account-Based Strategies

In times of economic uncertainty, account-based strategies are essential. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue.

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IRM 2021: The Year of Uncertainty and Change

John Wheeler

This week the Wall Street Journal reported that due to emerging virus mutations , Harvard economist James Stock sees a “scenario of this thing sticking around for a much longer time frame.’’ No doubt, 2021 will be the year of uncertainty and change. These uncertainties can make or break a business. – Gartner, January 2021.

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How Private Equity Firms Can Manage Uncertainty With Scenario Modeling

Jedox

Assets with strong fundamentals and low valuations create openings to new markets. In the face of unprecedented uncertainty, the question is how to quickly evaluate risk, opportunities and competitively allocate capital. In the face of uncertainty, investor relations are paramount. Pinpoint opportunities.