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5 hot IT budget investments — and 2 going cold

CIO

The economy may be looking uncertain, but technology continues to drive the business and CIOs are investing big in 2023. At the same time, they are defunding technologies that no longer contribute to business strategy or growth. The company is embedding AI into each level of the tech stack it sells to customers, he says. “We

Budget 363
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How Pick n Pay’s migration to the cloud is paying off

CIO

This move to the cloud lays the foundation for further expansion into other cloud-based applications to deliver deeper insights and better digital services, as well as drive cost savings for the company and the consumer. We didn’t want to invest in a data center that would commit us to another five-year depreciation cycle.

Cloud 246
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Innovative Manufacturers are Investing in these Advanced Technologies

CIO

The Lowdown on Edge Computing As new enterprise IT infrastructure deploys at the edge instead of in corporate data centers, there’s one main trigger for this shift. Here’s how edge computing works: a percentage of storage and compute resources move closer to the source of the data and away from the data center.

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3 things CIOs must do now to accurately hit net-zero targets

CIO

Research from Accenture shows that 48% of companies say technology-enabled sustainability initiatives lead to more competitive products and enhanced customer service, and contribute to attracting top talent—all of which help drive increased revenues.

.Net 264
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6 tips for making the most of a tight IT budget

CIO

Of course, making this distinction can be challenging, and is a skill that can take time to develop, says Mittal, whose company is taking a tech-first, cloud-native approach to transforming loan servicing. “It Bob Cournoyer, senior director of data strategy, BI, and analytics at Richmond, Va.-based What is our backup strategy?

Budget 345
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Insurance IT leaders herald new era for digital customer experience

CIO

Bill Pappas, who joined MetLife as head of global technology and operations three years ago to drive the CEO’s customer-first strategy, exemplifies the new insurance CIO ethos. But the impact of IT in revitalizing what insurance companies offer their customers goes well beyond facilitating video meetings and digitized documentation.

Insurance 331
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Leaning into Retail’s Challenges with Digital Transformation

CIO

I’m also impressed with their willingness to integrate new technologies in their businesses. Are they adopting digital strategies that serve both younger and older populations? Outside IT providers that work on data solutions across industries can help retailers approach transformations from a new vantage point.

Retail 363