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CIOs eager to scale AI despite difficulty demonstrating ROI, survey finds

CIO

There is a promising surge in the use of AI technologies across various industries. This transition has propelled AI and machine learning to the forefront, with 51% of CIOs identifying these technologies as among their most urgent priorities, alongside cybersecurity, highlighting their crucial role in driving organizational success.

Survey 318
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IT budget shock: Global IT services firms continue to struggle

CIO

Cognizant Technology Solutions announced a full-year revenue forecast below expectations. Tata Consultancy Services experienced its slowest profit growth since 2020 in the December quarter, and Infosys failed to meet its quarterly profit expectations. AI could necessitate retraining of internal staff to adapt to new technologies.

Budget 246
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TechCrunch+ roundup: Psychedelic investor survey, 6 issues VCs look for, hiring on a budget

TechCrunch

Founders should always be in recruiting mode, says Evans, since small teams can move quickly to shorten time to hire and customize their outreach to meet candidates’ individual economic and emotional requirements. Hiring top startup talent on a budget during the Great Resignation. Hungry in High Tech. Walter Thompson.

Budget 208
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Microsoft can’t keep up with demand for AI in the cloud — for now

CIO

Many features have been developed for Windows and Office copilots without having been deployed due to the lack of compute. When suppliers can’t meet demand in in other domains, they may raise prices until demand falls off, or customers may seek alternative sources or substitute different products. Generative AI, Microsoft

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Many CIOs are better equipped to combat rising IT costs. Are you?

CIO

Inflation may have dropped from its high in 2022, but the price pressures on IT budgets have continued unabated. The technology talent gap continues to inflate labor costs, too, despite big layoffs in high tech, CIOs say, and they’ve seen double-digit increases in SaaS and cloud costs over the last two years. Here’s how.

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11 ways to reduce your IT costs now

CIO

IT leaders have always needed to exercise fiscal responsibility while meeting business demands for technology. The net result is that some organizations’ technology debts are growing faster than anything else and robbing them of their budgets and ability to innovate.” But it’s not the only one.

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ST Engineering showcases applications of new technologies to stay ahead of disruption

CIO

The advent of new technologies has accelerated the rate of innovation and disrupted the business landscape as we know it. As the pace of innovation speeds up, tomorrow’s front runners are those who readily embrace disruptive technologies to spearhead new business models and capture new avenues of growth.