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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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Dell cuts jobs amid growing economic uncertainties

CIO Business Intelligence

This workforce adjustment is part of a wider wave of layoffs within the technology sector. Medium to long-term strategy Analysts point out that while several tech companies are reducing their workforce, Dell is one of the few who has recorded weak financial performance. Dell, Staff Management, Technology Industry

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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. AI is a black box.

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Is there a “right” cloud strategy for banking?

IBM Big Data Hub

As public cloud technology and hybrid multicloud architectures are being adopted in financial institutions at an increasing rate, we’re observing that their counterparts in the public sector— central banks—are a long way behind, due at least in part to a profoundly risk-averse approach.

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The 4 most overhyped technologies in IT

CIO Business Intelligence

They may publicly preach “No technology for technology’s sake,” but they still frequently share their fascination with the latest tech gadgets. It’s then that the hopes for the technology get way ahead of what it can actually deliver today. They’re not the only ones enthralled by tech. Here’s what they say on the topic.

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How CIOs can be pillars of stability in an uncertain world

CIO Business Intelligence

Several economists, a bank president, and a couple of reporters walk into a bar. The economists lament, “ A thick fog of uncertainty still surrounds us.” The reporters keen about “ gut-churning feelings of helplessness ” and “a world of confusion.” Uncertainty is our jam.” After all, uncertainty is the one certainty.

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20 issues shaping generative AI strategies today

CIO Business Intelligence

The adoption curve here is by no means gradual, with most enterprise leaders quickly working to harness the technology’s potential mere months after the November 2022 launch of gen AI tool ChatGPT kicked off a wave of enthusiasm (and worry). Here’s a rundown of the top 20 issues shaping gen AI strategies today.