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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

This spending on AI infrastructure may be confusing to investors, who won’t see a direct line to increased sales because much of the hyperscaler AI investment will focus on internal uses, he says. Generative AI is likely to confuse the capital investor as much as any technology ever has,” he adds.

IT 501
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9 IT resolutions for 2025

CIO

Our success will be measured by user adoption, a reduction in manual tasks, and an increase in sales and customer satisfaction. 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. Her goal is to continue empowering them.

IT 526
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10 Best Sales Analytics Software Tools: Turning Data into Revenue

Zoominfo

For todays sales teams, data and signals are the foundation for smarter strategies, better decisions, and consistent growth. From identifying high-performing reps to forecasting future revenue, this technology provides the clarity sales leaders need to drive results. What is Sales Analytics Software?

Sales 246
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IT budgets remain solid, despite tech industry headwinds

CIO

A report issued Monday by private investment company Bain Capital indicated that, despite the numerous disruptions to the technology industry—including a global supply chain crisis and Russia’s invasion of Ukraine—most IT decision makers foresee either stable budgets or increases for the coming year.

IT 514
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NetSuite adds generative AI to its entire ERP suite

CIO

NetSuite is adding generative AI and a host of new features and applications to its cloud-based ERP suite in an effort to compete better with midmarket rivals including Epicor, IFS, Infor, and Zoho in multiple domains such as HR, supply chain, banking, finance, and sales.

IT 493
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Decoding Salesforce’s plausible $11 billion bid to acquire Informatica

CIO

The iPaaS market in 2023, according to a Gartner report , garnered a revenue of $8 billion globally, growing from $6.5 Salesforce to capitalize on the GenAI demand Salesforce’s possible bid to acquire Informatica could be a result of the company’s strategy to capitalize on the growing demand for generative AI , analysts said.

Airline 482