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Innovate Shane McDaniel, CIO for the City of Seguin, Texas, says his city has grown by about 35% since the 2020 census. McDaniel says this work also creates a strong launchpad for more IT innovation in the upcoming year. Were embracing innovation, he explains. CIOs are an ambitious lot.
The bigplayers,such as OTAs [Online Travel Agencies], are advancing in their adoption of new technologies, taking advantage of AI andbig datatools,while other actors are in earlier stages of integration, he says. However, he adds,the maturityvaries in one of the most consolidated verticals at a national level.
Failing to tap into its potential keeps IT teams trapped in maintenance mode instead of innovation mode. The report highlighted that a small shift from a well-executed AI-powered ITSM strategy—like 3% of developers’ time redirected from troubleshooting to innovation—could translate into significant business outcomes.
That’s great, because a strong IT environment is necessary to take advantage of the latest innovations and business opportunities. There are multiple examples of organizations driving home a first-mover advantage by adopting and embracing technology modernization when the opportunity presents itself early.”
Technology has shifted from a back-office function to a core enabler of business growth, innovation, and competitive advantage. Senior business leaders and CIOs must navigate a complex web of competing priorities, such as managing stakeholder expectations, accelerating technological innovation, and maintaining operational efficiency.
This is a huge advantage.” Sweet recognition The improvements have also led to Western Sugar being recognized as an innovator and leader in its industry. Recently, the cooperative was named a finalist in the SAP Innovation Awards 2024. Overcoming the challenges Cooperative leaders wanted an end-to-end, automated solution.
So the question that plagues any professional entrusted with or motivated to drive a huge change initiative is how to inspire innovation and foster a culture of excellence. In almost all these transformations, one must prove the justification for change and navigate resistance to it, and go above and beyond to develop the business case.
Gartner is projecting worldwide IT spending to jump by 9.3% in 2025, one of the largest percentage increases in this century, and it’s only partially driven by AI. Gartner’s new 2025 IT spending projection , of $5.75 trillion, builds on its prediction of an 8.2% This year, they did POCs, but it didn’t work out. The key message was, ‘Pace yourself.’”
AI, once viewed as a novel innovation, is now mainstream, impacting just about facet of the enterprise. Over the next 12 months, IT leaders can look forward to even more innovations, as well as some serious challenges. As 2025 dawns, CIOs face an IT landscape that differs significantly from just a year ago.
The CIO is quick to point out that Marsh McLennan’s gen AI platform — like its development and analytics platforms — uses industry-standard products but its interface, tooling, core services, and enhanced capabilities, which go “beyond what the model can do on its own,” were built by MMTech at the company’s innovation center in Dublin, Ireland.
In addition, innovative AI applications such as driver assistance, smart navigation and predictive maintenance are being used to increase comfort and safety. As a result, processes lose speed, innovations are poorly implemented and users are insufficiently empowered, says Jose Pereira, Manager at MHP. The approach in detail: 1.
Rather than discuss “legacy systems,” talk about “revenue bottlenecks,” and replace “technical debt” with “innovation capacity.” Operational drag (interest): “Our teams spend 25% of their time on workarounds rather than innovation.” Business risk (liabilities): “Our legacy systems increase our cybersecurity exposure by 40%.”
We had an insightful conversation about how to approach the adoption of emerging technologies as well as what it takes — and when it makes sense — to gain first-mover advantage in this environment. That means pushing back against a lot of pressure, sometimes against the board or the executives. And it gave them the opportunity to learn, too.”
The CIO is quick to point out that Marsh McLellan’s gen AI platform — like its development and analytics platforms — uses industry-standard products but its interface, tooling, core services, and enhanced capabilities, which go “beyond what the model can do on its own,” were built by MMTech at the company’s innovation center in Dublin, Ireland.
And perhaps more importantly, they’re freeing up many industry leaders to innovate new services for customers. “In As a leadership team, we needed to build a platform that would allow visibility across the organization because we felt it was going to be advantageous in our speed to market with our own robots, and we’ve seen that.
Instead, we need to focus on developing a culture of innovation around AI that shapes the technology with society and business front and center. Instead, we need to focus on developing a culture of innovation around AI that shapes the technology with society and business front and center. The Segway.
Army Major General and Vice President and Federal Chief Security Officer for Palo Alto Networks What critical innovations can change the balance in cybersecurity, providing those of us responsible for defending our organizations with more capabilities against those who would do us harm? They are: Innovations in automation.
Global professional services firm Marsh McLennan has roughly 40 gen AI applications in production , and CIO Paul Beswick expects the number to soar as demonstrated efficiencies and profit-making innovations sell the C-suite. IDC also surveyed IT leaders on their build vs. buy equations for AI. Only 13% plan to build a model from scratch.
To drive change, a reworking of what defines CIO/IT success is needed, with a focus on strategic business goals, innovation, and market differentiation. Of the top seven metrics, only two — innovation and profit growth — are directly tied to digital transformation goals. The CIO is no longer the chief of “keeping the lights on.”
Proprietary data is your biggest competitive advantage.” The road ahead for IT leaders in turning the promise of generative AI into business value remains steep and daunting, but the key components of the gen AI roadmap — data, platform, and skills — are evolving and becoming better defined. Give a better experience,” she said.
This collaboration marks a significant step in driving innovation in cloud services, particularly in the MENA region. Core42 equips organizations across the UAE and beyond with the infrastructure they need to take advantage of exciting technologies like AI, Machine Learning, and predictive analytics.
Plus, there’s the question of how to quickly build up the institutional tech knowledge needed to keep innovating. Of course, technology should still boost cost efficiencies, but it also needs to drive revenue at the same time. The context of this, of course, is an industry dealing with its own chronic talent shortages.
AI is pushing for reinvention, innovation, and the exploration of the art of the possible. The intelligence revolution The problem with approaching AI like previous tech innovations is that AI isnt digital. This means AI is ushering in an intelligence revolution, an age of innovation. And its testing us all over again.
During the show, Cheriyan reflected on his decades-long career and the principles and philosophies he’s applied to successfully innovate, collaborate, and lead people and transformations. What follows is that conversation, edited for length and clarity. You don’t want to be that person. That’s probably the hundred-billion-dollar question.
There are a lot of moving parts acrossour properties, says Erica White, the companys SVP of technology and strategic innovation. There are a lot of moving parts acrossour properties, says Erica White, the companys SVP of technology and strategic innovation. If someone has missed a payment, for example, theyll be sent a reminder.
Operational AI offers organizations significant benefits, including time and cost savings, and critical competitive advantages in today’s business landscape. From customer service chatbots to marketing teams analyzing call center data, the majority of enterprises—about 90% according to recent data —have begun exploring AI.
Many C-suite executives want the IT team to both keep the systems running and drive strategic innovation, he says, a challenging balance act. Some bad news for CIOs: Many C-suite leaders, including IT leaders themselves, have less confidence in your department’s ability to get the job done than they did a decade ago. So what’s the deal?
“Innovate or die,” Peter Drucker’s 1985 exhortation on the importance of constant reinvention, was great business advice for the last 40 or so years. Budgets to build new innovations It’s always a challenge to find the budget to build new innovations and platforms when the primary focus of the CIO is to keep the business running.
You never know when an opportunity to innovate might present itself and, if seized, how much of a difference you can make in people’s lives. We have been innovating in optical technology for more than 50 years. Those innovations have largely focused on improving technologies like communications and sensors.
A 1958 Harvard Business Review article coined the term information technology, focusing their definition on rapidly processing large amounts of information, using statistical and mathematical methods in decision-making, and simulating higher order thinking through applications.
Many retailers are looking to AI for that competitive advantage. By ensuring consistent, high-quality product data, we enable businesses to unlock AIs full potential to drive growth, innovation, and exceptional customer experiences. However, successful AI implementation requires more than cutting-edge technology.
Often in business we see the recurring phenomenon of the first-mover advantage that comes when organisations pounce on a trend to steal a march on rivals. The opportunity to be an early adopter in AI is here now as new products provide big advantages for those bold enough to commit to change.
The key advantage of composable solutions is flexibility. They offer the ability to quickly adapt and innovate, creating a competitive advantage in fast-moving markets. But with recent financial market turbulence, the rise of AI, and buyer consolidation impacting todays market, some have started asking: Is SaaS dead?
CIOs face the daunting challenge of driving innovation while managing costs and ensuring practical implementation in a rapidly advancing digital landscape. This article presents essential strategies for CIOs to strike the optimal balance among innovation, value, cost, and practicality in tech investments.
Changing consumer behavior and expectations, competition from major e-retailers, evolving cybersecurity challenges, inflationary pressures, sustainability and environmental concerns, and the pressure to take advantage of AI are all very real concerns for retailers today. Retailers have a lot of work to do, but their goals are achievable.
He’s determined to keep up, finding ways to help his staffers be more agile in using AI to accelerate insights that inform innovation. It involves reimagining our strategies, business models, processes and culture centered around AI’s capabilities, to reshape how we work and drive unparalleled productivity and innovation,” he says.
Fighting fire with fire For these reasons, organizations that wish to curb the burgeoning impact of AI on their cyber risks need to be particularly vigilant while taking advantage of the abilities of AI to stem this tide of attacks. Boost your cybersecurity with AI Don’t let potential security risks slow down your pace of innovation.
As these threats evolve and become more complex, the demand escalates for innovative AI solutions capable of delivering increased computational power right at the edge. New Innovation – Business Insight: Zscaler AI cloud can help businesses understand where they can save millions in unused SaaS licenses or workforce infrastructure costs.
Regulation will play a key role in the successful implementation of AI and will be just as much of a priority as innovation is for leaders,” said Karl Crowther, VP of MEA at Alteryx. Yet, this has raised some important ethical considerations around data privacy, transparency and data governance.
But, when it comes to tomorrow’s enterprise and consumer innovations, those networking options have some serious limitations. That is where Innovative Optical and Wireless Network (IOWN) comes in. What are the advantages of IOWN? Innovation Wired, wireless, fiber optics, LTE and 5G networks all do what we need – for now.
Agentic AI shifts the dial NTT DATAs report finds that 95% of organisations agree that the technology is driving a new level of creativity and innovation and agentic AI is a major leap forward in the evolution of GenAI. [2] Smart agents are part of a full stack of technologies and services. Partnerships.
The company’s innovative “cloud agnostic” strategy, supported by VMware’s increased capabilities post-acquisition, will promote growth for the clients, no matter if their workloads are on-premise or in a public cloud environment. IBM and VMware understand that each client has a unique business, IT process and applications,” says Badlaney. “IBM
In response, Juliano says his IT team — which includes a director of customer experience, a role added three years ago — is tasked with continually improving experiences by integrating with key partners and taking advantage of new technologies. I believe we’re in a post-alignment world. And CEOs are looking to CIOs to create those products.”
Of late, innovative data integration tools are revolutionising how organisations approach data management, unlocking new opportunities for growth, efficiency, and strategic decision-making by leveraging technical advancements in Artificial Intelligence, Machine Learning, and Natural Language Processing.
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