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Companies look to sell off assets to pay for AI investments

CIO

But some companies, particularly in the IT sector, now appear to be reevaluating their business models and will consider selling non-core lines of business and products to fund AI projects, says James Brundage, global and Americas technology sector leader at EY, an IT and tax advisory firm.

Capital 488
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Gartner projects major IT spending increases for 2025

CIO

Generative AI is likely to confuse the capital investor as much as any technology ever has,” he adds. These advanced technologies will be “crucial for maintaining a competitive edge, improving operational efficiency, and enhancing the customer experience,” he says. The company will still prioritize IT innovation, however.

IT 501
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AI dominates Gartner’s 2025 predictions

CIO

Organizations that deploy AI to eliminate middle management human workers will be able to capitalize on reduced labor costs in the short-term and long-term benefits savings,” Gartner stated. “AI By 2029, 10% of global boards will use AI guidance to challenge executive decisions that are material to their business.

Security 508
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9 IT resolutions for 2025

CIO

Empower global talent Although harnessing AI is a top objective for Morgan Stanleys Wetmur, she says shes equally committed to harnessing the power of people. My responsibility for our global technology footprint means that motivating and empowering our diverse workforce remains one of my top priorities, Wetmur says.

IT 526
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7 steps for turning shadow IT into a competitive edge

CIO

After all, 41% of employees acquire, modify, or create technology outside of IT’s visibility , and 52% of respondents to EY’s Global Third-Party Risk Management Survey had an outage — and 38% reported a data breach — caused by third parties over the past two years.

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SAP ups AI factor in its SuccessFactors HCM suite

CIO

The launch by SAP of new AI capabilities in its SuccessFactors HCM (human capital management) suite Monday is a case of “better late to the party than never,” according to an analyst with Info-Tech Research Group. Skills is an overall organizational strategic challenge to tackle to stay competitive.

IT 417
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Solving the tech debt problem while staying competitive and secure

CIO

It’s a common scenario among CIOs — it’s often easier to communicate and gain consensus with business stakeholders on the urgent need for innovation (a competitiveness factor) and cybersecurity (an existential threat) than on addressing maintenance tasks (technical debt). Learn more about IDC’s research for technology leaders.

Security 370