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

CIO

According to a separate study on the AI readiness of Indian enterprises conducted by EY and Indian IT industry body Nasscom, enterprises are also holding back the deployment of AI due to concerns about data security, privacy, brand reputation, and the safety and security of people and equipment. Artificial Intelligence

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With fresh capital, Symend aims to build a better debt collection system

TechCrunch

The New York Fed’s study also showed that the share of current debt becoming delinquent climbed for nearly all debt types, from mortgages to auto loans. ” With fresh capital, Symend aims to build a better debt collection system by Kyle Wiggers originally published on TechCrunch. . trillion, $2.36 delinquent credit card).

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10 digital transformation roadblocks — and 5 tips for overcoming them

CIO

Lack of vision A common reason digital transformation fails is due to a lack of vision, which along with planning is the foundation for digital success. A study by McKinsey found that companies that prioritized cultural factors in digital transformations were four times more likely to succeed than those that focused on technology alone.

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IT Budgeting: Tips and Best Practices for IT Professionals

Kaseya

What Is IT Budgeting? IT budgeting is the process of allocating money to be spent on an organization’s IT systems and services. It includes budgeting for all technologies and projects across all departments within the organization. Why Is IT Budgeting Important? How Often Should IT Budgeting Take Place?

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Reinforcement Learning for Budget Constrained Recommendations

Netflix Tech

by Ehtsham Elahi with James McInerney , Nathan Kallus , Dario Garcia Garcia and Justin Basilico Introduction This writeup is about using reinforcement learning to construct an optimal list of recommendations when the user has a finite time budget to make a decision from the list of recommendations.

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3 recruiting metrics that can help startups make more data-driven hiring decisions

TechCrunch

According to Harvard Business Review , the price of a bad hire is 30–50% of their salary, which can hit startup budgets hard in 2023. A recent study says the average benchmark is $4,700. If the cost is over $6,000, it makes sense to review your strategy. Second, tally up all expenses.

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How Application Modernization Can Help You Manage Your IT Budget

Datavail

Layoffs and budget cuts abound. In this blog, we’ll discuss the challenges of legacy systems and the benefits of eliminating technical debt. Up to 80% of a CIO’s budget can be spent maintaining legacy systems, according to some estimates. 98% of U.S. CEOs indicate they are anticipating a recession. Containerization.

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