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Aligning ESG and technological innovation At the core of this transformation is the CIO, a pivotal player whose role has expanded beyond managing technological innovation to overseeing how these innovations contribute to ESG goals.
The UAEs vision for AI is encapsulated in its National AI Strategy 2031, which aims to position the country as a global leader in AI by integrating it across various sectors. Another key feature of the week will be the Dubai AI Festival, which will gather global thought leaders to discuss the latest developments in the field.
The Middle East is rapidly evolving into a global hub for technological innovation, with 2025 set to be a pivotal year in the regions digital landscape. AI and machine learning are poised to drive innovation across multiple sectors, particularly government, healthcare, and finance.
And with his almost 200 IT employees, Thomas Reitz, the company’s group CIO, sees himself primarily as a driver of innovation and transformation, and a promoter of what he calls real digitalization. Reitz has set up a global service model with hubs in three time zones that operate according to the follow-the-sun approach.
AI is at the core of this vision, driving smart governance, efficient resource management, and enhanced quality of life for residents and visitors alike. The country also launched Smart Dubai, an initiative under the Dubai Future Foundation, Smart Dubai aims to transform Dubai into the world’s smartest and happiest city.
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.
During the Tencent Global Digital Ecosystem Summit, held at the Shenzhen World Exhibition & Convention Center from September 5-6, Tencent unveiled a slew of cloud and Artificial Intelligence (AI) offerings, proprietary innovations, and global solutions for enterprises to advance their digital transformation efforts.
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. Heres what they resolve to do in the upcoming 12 months.
Once synonymous with a simple plastic credit card to a company at the forefront of digital payments, we’ve consistently pushed the boundaries of innovation while respecting tradition and our relationships with our merchants, banks, and customers. Today, we’re a $450 billion company with more than 35,000 employees globally.
Nate Melby, CIO of Dairyland Power Cooperative, says the Midwestern utility has been churning out large language models (LLMs) that not only automate document summarization but also help manage power grids during storms, for example. In fact, the two technological advancements are fully symbiotic, McCarthy points out.
Imagine that you’re a member of a cooperative that works with more than 2,100 suppliers to help you deliver your product to local and global customers. Suppliers were often hand-delivering paper invoices to the cooperative’s local offices, which were processed and paid out manually with no centralized invoice management.
At Google’s parent company, she worked with moonshot companies such as Waymo, Wing, and X, to shape sustainable businesses and global impact. In many cases, IT leaders and companies have focused on innovation, including benefits to users and customers , but they should think more broadly about global impacts, she says. “In
Enter Akeneo, a global leader in Product Experience Management (PXM) and AI tech stack solutions. By ensuring consistent, high-quality product data, we enable businesses to unlock AIs full potential to drive growth, innovation, and exceptional customer experiences.
Yet, only 14% of global organizations are fully prepared to embrace the growth prospects of AI according to Cisco research. At its core, AI represents the opportunity to augment people and their work, and to not only elevate productivity, but also innovate in capabilities and performance. What’s the difference between the two?
We have five different pillars focusing on various aspects of this mission, and my focus is on innovation — how we can get industry to accelerate the adoption of AI. Like any other hiring manager, we started with the traditional route of putting out a job description and trying to recruit. To do that, I needed to hire AI engineers.
As the chief research officer at IDC, I lead a global team of analysts who develop research and provide advice to help our clients navigate the technology landscape. Consider which ones will make your organization more resilient, will support overall organizational health and key goals such as innovation, adaptability or sustainability.
Guan, along with AI leaders from S&P Global and Corning, discussed the gargantuan challenges involved in moving gen AI models from proof of concept to production, as well as the foundation needed to make gen AI models truly valuable for the business. “Our Secondly, how do you give them tools to do different work and innovate?”
Microsoft has announced the expansion of its Global Engineering Development Center to Abu Dhabi, marking a significant milestone in the UAE’s journey to becoming a global technology leader.
The Global Banking Benchmark Study 2024 , which surveyed more than 1,000 executives from the banking sector worldwide, found that almost a third (32%) of banks’ budgets for customer experience transformation is now spent on AI, machine learning, and generative AI.
According to Forrester , the global digital economy will reach $16.5 trillion and capture 17% of global GDP by 2028. Similarly, PWC projects that with the broader spillover effect of technology, the digital economy can reach up to 25% of GDP globally. This is something that Huawei has been focused on for some time.
The company also plans to increase spending on cybersecurity tools and personnel, he adds, and it will focus more resources on advanced analytics, data management, and storage solutions. Although Rucker raises concerns about the global economy and rising technology costs, he says many IT spending increases will be necessary.
“Our digital transformation has coincided with the strengthening of the B2C online sales activity and, from an architectural point of view, with a strong migration to the cloud,” says Vibram global DTC director Alessandro Pacetti. SAP S/4HANA in the RISE version has more innovations and features than the on-premise version,” says Paleari.
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. It’s a case of “you get what you measure.”
From nimble start-ups to global powerhouses, businesses are hailing AI as the next frontier of digital transformation. research firm Vanson Bourne to survey 650 global IT, DevOps, and Platform Engineering decision-makers on their enterprise AI strategy. Nutanix commissioned U.K.
The UAE’s vision for AI is encapsulated in its National AI Strategy 2031, which aims to position the country as a global leader in AI by integrating it across various sectors. AI is at the core of this vision, driving smart governance, efficient resource management, and enhanced quality of life for residents and visitors alike.
Years into digital transformation, and decades into the IT function itself, many CIOs still fall short when it comes to innovation. Tech debt, budget constraints, and overloaded staff schedules are among the top reasons IT leaders cite for scuttled innovation attempts. Otherwise, they won’t support and fund even promising work.
According to NTT DATAs Global GenAI Report , 97% of CEOs expect a material impact from the technology and 99% of respondents are planning more GenAI investment, even though only 43% of the C-suite strongly agree their existing solutions are meeting expectations. [1] NTT DATAs Global GenAI Report now. [1] Partnerships.
At the end of 2023, Chicago-based Article Student Living was acquired by a global real estate investment company, which allowed the business to expand, and enabled it to make key investments in the high-demand student housing market.
According to IDC’s Worldwide AI and Generative AI Spending Guide (August 2024) , the global AI market is expected to surge from US$235 billion in 2024 to US$632 billion by 2028. Despite these opportunities, Tencent Cloud faces challenges from competitors, requiring a careful balancing act between innovation and market adaptability.
While some welcome guardrails for the correct use of AI tools , others warn of a bureaucratic monster associated with it and fear that the rules could slow down further innovation. The AI Act offers the opportunity to protect against the negative effects of artificial intelligence and at the same time to promote innovation.
Since its inception in 2019, the Tencent Global Digital Ecosystem Conference has been showcasing Tencent’s latest technology advances, products, and solutions, and inspiring enterprises worldwide. Its sixth edition was recently held in Shenzhen from September 5-6 under the theme Intelligence Brings Opportunities, Cloud Boosts Growth.
Sameer Purao, who joined Celanese as CIO and CDO in 2021, is keeping the team and company focused by making change management a core competency of his team, and ensuring a focus on value, agility, and purpose. We have 52 manufacturing plants globally, some of which have been in place for more than 100 years.
After all, the growth of AI is expanding alongside the growing complexity of cybercrime, with the global cost of cybercrime swelling by a staggering 1,237 percent. Boost your cybersecurity with AI Don’t let potential security risks slow down your pace of innovation.
Current strategies to address the IT skills gap Rather than relying solely on hiring external experts, many IT organizations are investing in their existing workforce and exploring innovative tools to empower their non-technical staff. CIOs who act decisively now will gain a competitive edge by building adaptable, AI-ready teams.
Nine of 10 CIOs surveyed by Gartner late last year expressed concerns that managing AI costs was limiting their ability to get value from AI. Also in May, information management and cloud firm OpenText sold off its application modernization and connectivity business for $2.28
Paul Beswick, CIO of Marsh McLennan, served as a general strategy consultant for most of his 23 years at the firm but was tapped in 2019 to relaunch the risk, insurance, and consulting services powerhouse’s global digital practice. With Databricks, the firm has also begun its journey into generative AI.
“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.
The reason for this shift is simple: While CIOs can often call on talented teams of internal IT professionals to deliver business solutions, no technology department can be expected to generate every innovation necessary to compete in a fast-moving digital age. White says being an enabler isn’t a straightforward role, either.
Anil Cheriyan’s storied career spans multiple industries, including serving as EVP/CTO of strategy and technology at Cognizant, as the US Presidential Appointee in charge of Technology Transformation Services, and as Global CIO at SunTrust. Today, he develops and drives strategy as a board member, advisor, and investor.
For this reason, paying down technical debt while innovating and supporting growth is one of the greatest challenges for the modern CIO. For the back office, we’re consolidating several dozen ERP systems into a single instance supported by a global process template for the entire enterprise, starting with finance processes.
AI and Machine Learning will drive innovation across the government, healthcare, and banking/financial services sectors, strongly focusing on generative AI and ethical regulation. Adopting multi-cloud and hybrid cloud solutions will enhance flexibility and compliance, deepening partnerships with global providers.
The decision was part of a global reorganization pattern that has occurred in corporations since the pandemic, with new business divisions established to re-focus and reach their full potential. The solution had previously been part of SAP’s “Early Adopter” suite, connecting users with products to simplify, innovate, and quickly digitize.
AI is revolutionizing the healthcare industry, GITEX GLOBAL 2024, marking its 44th edition in Dubai between 14 and 18th October with a huge focus on how AI takeover in healthcare is unstoppable, with health industry leaders betting big on AI’s transformative potential. This year too it will be full of exciting solutions and ideas.
One Identity named Hot Company: Privileged Access Management (PAM) in 12th Cyber Defense Magazines Annual InfoSec Awards during CyberDefenseCon 2024. This award highlights the role One Identity has in advancing privileged access management through solutions including Safeguard, Safeguard On Demand, and PAM Essentials.
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