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

CIO

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 Data centers shoulder the load To support AI workloads, spending on data center systems will increase by 10% in 2024, Gartner predicted, compared to a 4% increase in 2023.

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The complex patchwork of US AI regulation has already arrived

CIO

Meanwhile, leaders from Microsoft, Google, and OpenAI have all called for AI regulations in the US, and the US Chamber of Commerce, often opposed to business regulation, has called on Congress to protect human rights and national security as AI use expands. Other transparency bills regulate the use of AI by political campaigns.

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SAP user group: S/4HANA usage is growing, but still in the minority

CIO

DSAG, a group representing SAP users in Germany, Austria and Switzerland, also released data from a survey of its members. Security and AI were both important topics to DSAG members, as growing percentages cited it as a key topic for the future in the group’s survey. So SAP is still in the midst of this transition to the cloud.”

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Selling the C-suite on preemptive IT investments

CIO

Others include preparation for zero-day attacks, almost anything having to do with data stewardship, as well as IT training and social engineering audits. The average cost of a data breach is $4.64 So, how do you go about gaining support for projects that seem to offer so little in terms of tangible, immediate returns?

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The case for predictive AI

CIO

Predictive AI uses advanced algorithms based on historical data patterns and existing information to forecast outcomes to predict customer preferences and market trends — providing valuable insights for decision-making. It leverages techniques to learn patterns and distributions from existing data and generate new samples.

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Don’t gamble with your identity verification practices

CIO

But casino gaming companies MGM Resorts International and Caesars Entertainment were caught short in this area in recent weeks by hackers using identity-based and social engineering attacks that spoofed identity to gain access to secure systems. IBM Security pegged that same number higher, to 95%.

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Generative AI: 5 enterprise predictions for AI and security — for 2023, 2024, and beyond

CIO

Our recent data analysis of AI/ML trends and usage confirms this: enterprises across industries have substantially increased their use of generative AI, across many kinds of AI tools. Once shared, this data can be fed into the data lakes used to train large language models (LLMs) and can be discovered by other users.