Fri.Apr 19, 2024

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Generative AI gold rush drives IT spending — with payoff in question

CIO

A scramble to invest in artificial intelligence and a natural replacement cycle for computing devices purchased during the COVID pandemic will lead to an 8% increase in global IT spending this year, Gartner predicted. Interest in AI, building since last year, will push a 10% increase in data center system spending this year, driving worldwide IT spending to $5.06 trillion, said John-David Lovelock, distinguished vice president analyst at Gartner.

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Setting Healthy Boundaries: What to Say When You Need to Say No

Let's Grow Leaders

Episode 253: In this episode of “Leadership Without Losing Your Soul,” you’re diving into the art of setting healthy boundaries and saying no at work. Imagine you’re in a sticky situation. A colleague wants you on a new project, but you’re swamped. Or maybe your boss is pushing you towards something that doesn’t align with your values.

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Travelex leverages cloud-based customer data platform to boost retention

CIO

Money generated from prepaid travel cards is set to quadruple between 2022 and 2032, from $120.5 billion to $492.80 billion, according to Allied Market Research. This sharp upward trajectory is due in large part to an increase in international travel as tourist numbers slowly climb up to pre-pandemic levels. Acknowledging the potential this trend offers for a foreign exchange company like Travelex, Hans van der Waal, the company’s global IT director, is constantly looking for more strategic ways

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Why Boutique Executive Search Firms Outperform Global Behemoth’s

N2Growth Blog

In the high-stakes arena of executive recruitment , companies often gravitate toward prominent global search firms. If you are reading this, you will likely know their names. The expectation is that their extensive networks and vast resources will deliver the world-class leadership talent they need to drive their organizations forward. However, many companies fail to recognize that the largest search firms come with a significant limitation– expansive off-limits lists that drastically reduce the

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Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

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7 Practical Ways to Create a More Sustainable Organization

Let's Grow Leaders

How Small Businesses Can Do Their Part In Sustainability Today I talk with Cooper Wechkin Founder and CEO of RyeStrategy about the business case for a sustainable organization (even for small organizations). We discussed practical and important ways small businesses can do their part toward a more sustainable future. “Hi Karin, I know it’s Earth Month, and I really should be thinking about sustainability but it can all feel overwhelming.

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Cybersecurity Snapshot: Cyber Agencies Offer Secure AI Tips, while Stanford Issues In-Depth AI Trends Analysis, Including of AI Security

Tenable

Check out recommendations for securing AI systems from the Five Eyes cybersecurity agencies. Plus, Stanford University offers a comprehensive review of AI trends. Meanwhile, a new open-source tool aims to simplify SBOM usage. And don’t miss the latest CIS Benchmarks updates. And much more! Dive into six things that are top of mind for the week ending April 19. 1 - Multinational cyber agencies issue best practices for secure AI deployment Looking for best practices on how to securely deploy artif

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Should You Quit Your “Meh” Job? Or Is It Salvageable?

Harvard Business Review

Bad days at work are inevitable, just as some degree of frustration and ennui is bound to be a part of almost any job. In this article, the author shares advice from two experts on what to do if you’re stuck in the gray area of deciding whether your job is merely mediocre (and could potentially improve) or downright soul-crushing (and might require a change).

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Cannabis Funding Is Still Way Down From Its Highs

Crunchbase News

The reggae classic “ Smoke Two Joints” advises us to light up in the morning, afternoon and night to feel all right. Cannabis startup investors could add another reason: It’s better than thinking about your portfolio performance. While many sectors have seen less investment recently , the declines in cannabis dealmaking started earlier and have been particularly steep.

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The 3-Stage Process That Makes Universities Prime Innovators

Harvard Business Review

While calls for cross-sector collaborations to tackle complex societal issues abound, in practice, only few succeed. Those that do often have a collaboration intermediary, which can bring together different actors, develop relationships among collaborators, and create an ecosystem to support ideas over time. With their strengths in knowledge creation and their role as community anchors, universities are ideally equipped to create and orchestrate support for the kind of innovation that the sustai

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Top 5 Challenges in Designing a Data Warehouse for Multi-Tenant Analytics

Multi-tenant architecture allows software vendors to realize tremendous efficiencies by maintaining a single application stack instead of separate database instances while meeting data privacy needs. When you use a data warehouse to power your multi-tenant analytics, the proper approach is vital. Multi-tenant analytics is NOT the primary use case with traditional data warehouses, causing data security challenges.

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Cloud cost management is not working

InfoWorld

Asia/Pacific companies are struggling with wasteful cloud spending, according to a commissioned study conducted by Forrester Consulting. The study found that cloud cost management initiatives and tools are being introduced too late and without a full picture of their environment to be very effective. The study, paid for by IPaaS provider Boomi, found that 87% had exceeded their set cloud budgets over the past two years and that 69% foresee exceeding their cloud budgets during the current fiscal

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The Role of AI in Securing Software and Data Supply Chains

DevOps.com

Expect attacks on the open source software supply chain to accelerate, with attackers automating attacks in common open source software projects and package managers.

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Java proposal would streamline module package imports

InfoWorld

Java would be enhanced with the ability to succinctly import all packages exported by a module, under a proposal floating in the Java community. The plan would simplify the use of modular libraries in Java. The preview language feature for Java SE (Standard Edition), called Module Import Declarations , has been filed as a JDK Enhancement Proposal (JEP) in the OpenJDK community.

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Why and How to Switch to Design Thinking Leadership Model

CTO Academy

Constantly evolving user needs and expectations are challenging traditional leadership styles. That’s why technology leaders are switching to a design thinking model which is, basically, a human-centred approach to problem-solving. Design thinking focuses on understanding user needs and experiences to create innovative solutions. Such products and services resonate with their target audience.

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7 Pitfalls for Apache Cassandra in Production

Apache Cassandra is an open-source distributed database that boasts an architecture that delivers high scalability, near 100% availability, and powerful read-and-write performance required for many data-heavy use cases. However, many developers and administrators who are new to this NoSQL database often encounter several challenges that can impact its performance.

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AWS Snowmobile drives into the sunset

InfoWorld

Amazon Web Services (AWS) has slowly and silently phased out its Snowmobile service—an offering launched at its annual AWS re:Invent conference in 2016 to help enterprises move data from their on-premises servers to the cloud provider’s data centers to accelerate their migration to the public cloud. The Snowmobile service , essentially an eighteen-wheel truck and trailer or “big rig” with 100 petabyte data storage and network connectivity, was commissioned by AWS then-CEO Andy Jassy (now CEO of

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Tim Cook’s Southeast Asia Tour and His Meeting with Lawrence Wong in Singapore Validates Apple’s Expansion Strategy

CEO Insider

Scheduled to meet with Lawrence Wong, Singapore’s incoming Prime Minister, and his predecessor, Lee Hsien Loong, Cook’s visit to Singapore marks the finale of an extensive tour across the region. Throughout his journey from Hanoi to Jakarta, Cook has emphasized Southeast Asia’s significance as a burgeoning market and an emerging manufacturing stronghold.

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Meta eyes LLM dominance with new Llama 3 models

InfoWorld

Facebook, Instagram, and WhatsApp parent Meta has released a new generation of its open source Llama large language model ( LLM ) in order to garner a bigger pie of the generative AI market by taking on all model providers, including OpenAI, Mistral, Anthropic, and Elon Musk’s xAI. “This next generation of Llama demonstrates state-of-the-art performance on a wide range of industry benchmarks and offers new capabilities, including improved reasoning.

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Tech Leadership in So Many Words…#24 – Vision

CTO Academy

Visionary leaders possess an innate ability to predict trends, envision revolutionary products, or foresee shifts in consumer behaviour long before they become apparent to others. The post Tech Leadership in So Many Words…#24 – Vision appeared first on CTO Academy.

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Reimagined: Building Products with Generative AI

“Reimagined: Building Products with Generative AI” is an extensive guide for integrating generative AI into product strategy and careers featuring over 150 real-world examples, 30 case studies, and 20+ frameworks, and endorsed by over 20 leading AI and product executives, inventors, entrepreneurs, and researchers.

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AI Literacy – A Foundational Building Block to Digital Equity?

Dell EMC

Digital inclusion + AI - creating strong foundations for a digital future.

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How Southwest’s CIO modernized the airline through turbulent times

CIO

Taking the helm as CIO is a major transition for any IT leader, but Lauren Woods’ experience at Southwest Airlines stands apart. Two months before she was officially named CIO in February 2023, Southwest experienced one of the largest operational disruptions in aviation history, right in the middle of the busy holiday travel season, with outdated software systems at the center of the meltdown.

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We are a place of business

David Heinemeier Hansson

After the disastrous launch of their Gemini AI , which insisted that George Washington was actually Black and couldn't decide whether Musk's tweets or Hitler was worse, Google's response was timid and weak. This was just a bug! A problem with QA! It absolutely, positively wasn't a reflection of corrupted culture at Google, which now appeared to put ideology over accuracy.

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Board of Directors in 2024: New Strategies for Governance and Impact

N2Growth Blog

Evolving Dynamics of Corporate Board Oversight in 2024 In today’s digital age and globalized world, a one-size-fits-all approach to corporate oversight is no longer effective. Fluid and innovative business strategies centered on adaptability, foresight, and competition are replacing traditional management methods. With the shift towards a more democratic work culture, management is evolving towards decentralization– emphasizing proactive and watchful guidance.

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Entity Resolution Checklist: What to Consider When Evaluating Options

Are you trying to decide which entity resolution capabilities you need? It can be confusing to determine which features are most important for your project. And sometimes key features are overlooked. Get the Entity Resolution Evaluation Checklist to make sure you’ve thought of everything to make your project a success! The list was created by Senzing’s team of leading entity resolution experts, based on their real-world experience.

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Driving innovation in financial services: Pega Infinity vs. Java EE solutions

Capgemini

Driving Innovation in FinancIAL SERVICES: Pega Infinity VS. Java EE Solutions Dinesh Karanam 15 February 2024 Facebook Twitter Linkedin In the swiftly evolving landscape of financial services, organizations in banking, capital markets, and insurance are grappling with multifaceted challenges where the efficiency and speed of application development are paramount.

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