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Software vendors offer AI sales boost for retail at NRF show

CIO

If software vendors have their way, the answer is likely to involve more artificial intelligence. Sales statistics Two recent surveys concur that only a tiny minority of retailers have no plans to implement AI today.

Retail 224
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Many CIOs are better equipped to combat rising IT costs. Are you?

CIO

According to IDC’s July 2023 Future Enterprise Resiliency & Spending (FERS) survey of 856 senior IT and business managers in large enterprises, the IT line items most affected, in addition to rising tech salaries, include SaaS and PaaS costs. And you have to partner with your vendors.” Here’s how.

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13 essential skills for accelerating digital transformation

CIO

Digital transformation is indeed a cornerstone of business strategy today, as 89% of enterprises see digital business as core to their growth, according to Gartner’s Board of Directors 2023 Survey. This ability to understand customer feedback beyond periodic surveys is going to be a critical skill going forward.”

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5 ways to maximize your cloud investment

CIO

We also use Microsoft Power BI, a customer experience platform to survey customers, and we review support tickets to determine where any problems may lie,” he says. “We Establishing cloud governance and FinOps teams is also critical to get the information CIOs need to ensure cloud operational costs continue to align with business imperatives.

Cloud 278
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The year’s top 10 enterprise AI trends — so far

CIO

Today’s gen AI platforms, however, require much less data since companies can start out with general-purpose foundation models and either fine-tune them on their own data, add a vector database, or inject information and examples directly into the prompt. This wasn’t possible before,” he says. It’s transforming some of our workflows.”

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Software Spend and the 80/20 Rule

Ivanti

Gartner analyst Stephen White writes that 80% of companies surveyed report that between 1 and 49% of their licensed software is “shelfware.” In an average month, an organization may spend 40 hours or more per SaaS vendor managing usage, overall spend, and contract renewals. It may sound too good to be true, but it’s not.

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From Hype to Hope: Key Lessons on AI in Security, Innersource, and the Evolving Threat Landscape

Coveros

Read on for the insights and takeaways I curated to stay informed of emerging threats and opportunities. Result: Estimates suggest over 60 million individuals were affected, with potential exposure of personal and financial information. Beyond the hype of AI lies immense value and impact, but skilled AI professionals are essential.