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Capitalizing on technology budgets: A CIO’s story

CIO

By leveraging data-driven methods, businesses can optimize and reclaim operating capital from their extensive technology budgets, reducing expenses without resorting to drastic measures. Tracy ran IT for a management company that owned five businesses and made technology decisions for the group of companies to benefit from economies of scale.

Budget 162
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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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How AI can drive efficiencies in your supply chain

CIO

Supply relationship management will enter an entirely new phase when so much more intelligence is available to buyer and supplier both,” says Paul Blake, senior director of product marketing at GEP. For example, AI can quickly answer: what is the best strategy for optimizing savings in a rising market for a particular category?

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Yogurt maker stirs in SAP to boost its demand planning capability

CIO

And that’s especially true if you’re using manual processes to gather data from your diverse, complex, and often siloed ecosystem to do the planning/forecasting. Improved forecasting has helped boost inventory management, minimize the risk of stockouts or overstocking, and reduce waste related to inefficiencies.

Culture 306
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6 most underhyped technologies in IT — plus one that’s not dead yet

CIO

IT management software CIOs and their teams can hardly do their jobs nor build and manage the extensive tech stack required to support AI and any other newfangled technology coming to market today if they don’t have a handle on their IT environment. Here are the technologies they find to be among the most underappreciated in IT today.

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The complex patchwork of US AI regulation has already arrived

CIO

This year, lawmakers in the state are considering Senate Bill 2 , which would require organizations deploying AI for consequential “high-risk” decisions to develop risk management policies. Three types of AI bills Most state bills targeting AI fall into three categories, according to Mahdavi.

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Top 10 barriers to strategic IT success

CIO

But on the other hand, AI and generative AI in particular, as well as the speed at which intelligence barreled its way into organizations, have disrupted many IT plans, says Taglienti, chief data officer and distinguished engineer at tech firm Insight. “It It hit us all and kept us from looking at the things we were working on,” he says. “We