This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The program, known as Project Transcendence, marks a significant push by the Kingdom to develop a robust AI ecosystem that can rival leading tech hubs, including neighbouring United Arab Emirates and other global technology centers. In recent years, the Kingdom has set up research centers, ministries, and educational programs focused on AI.
Building on that perspective, this article describes examples of AI regulations in the rest of the world and provides a summary on global AI regulation trends. Lastly, voluntary frameworks have been proposed by many countries such as Singapore and Japan, to encourage AI innovation. and Europe.
The countrys initiatives focused on empowering women in technology, education, and innovation are beginning to pay off, as more female AI engineers and researchers emerge. This investment in womens education is enabling many to break barriers and step into previously male-dominated fields like AI research and development.
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. Our research indicates a scramble to identify and experiment with use cases in most business functions within an enterprise.
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.
Research firm IDC projects worldwide spending on technology to support AI strategies will reach $337 billion in 2025 — and more than double to $749 billion by 2028. Stephen Crowley, senior advisor for S&L Ventures and former CIO of global technology solutions at Covetrus, still sees that future as a little way off.
GenAI is a megatrend that rivals the evolution of the internet itself and it is set to transform global enterprises and entire industries. NTT DATAs landmark Global GenAI Report underscores how the technology is gaining momentum. There is no going back. The report identifies that most CEOs view GenAI as transformational.
In a global economy where innovators increasingly win big, too many enterprises are stymied by legacy application systems. The norm will shift towards real-time, concurrent, and collaborative development fast-tracking innovation and increasing operational agility.
These sectors are emerging as key drivers of innovation and investment in the Kingdom, with over 43 high-growth startups collectively raising more than 987 USD in funding. This success is a testament to the growing availability of venture capital, a dynamic entrepreneurial ecosystem, and government support for innovation-driven ventures.
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
From there, the phrase went viral among practitioners, media, researchers, and executives as it described strategic plans for competitiveness and growth. On one side, my research emphasized how customer and employee behaviors and expectations were changing. times higher earnings growth.
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.”
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.
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. Mona Liddell is a research manager for IDCs CIO Executive Research team.
It’s difficult to visualise the true scale of AI, as it’s almost certainly more than you imagine – it’s going to contribute more to the global economy than the current GDP of India and China combined. PwC research suggests that AI could contribute as much as $15.7 However, for all the promise of AI, there remain challenges.
We are fully funded by the Singapore government with the mission to accelerate AI adoption in industry, groom local AI talent, conduct top-notch AI research and put Singapore on the world map as an AI powerhouse. This approach has the potential to massively scale AI talent development, not just in Singapore but globally.
According to Foundry’s State of the CIO 2024 study, technology leaders will be focused on driving digital innovation, redesigning processes, and modernising infrastructure and apps in the next three years in order to stay ahead. Tackling these requires innovation, built from a base of experience and knowledge.
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.
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.
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.
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. Learn more about Akeneo Product Cloud here.
The transformational leadership approach encourages, inspires, and motivates employees to innovate and create the change necessary to shape the future success of the company. In 1985, researcher Bernard M. What is transformational leadership? For the latest insights on leadership, sign up for our newsletters. ].
This strategic collaboration aligns with the UAE’s Vision 2031, which aims to integrate AI and other cutting-edge technologies across various sectors, enhancing the nation’s digital infrastructure, promoting innovation, and positioning the UAE as a global leader in AI-driven solutions.
That’s great, because a strong IT environment is necessary to take advantage of the latest innovations and business opportunities. Thorogood reports that his organization’s recent research shows that it takes 7.2 Technology continues to advance at a furious pace. organizational restructurings to fully complete a digital transformation.
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.
Remarkable evolution Wi-Fi technology has evolved considerably over the past 25 years with each generation marked by significant innovation and improvements. According to the latest IDC research, there were less than 2.5 About the Author: Vijay is currently running global wireless connectivity product efforts at Broadcom Inc.,
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.
According to research sponsored by techradar.pro, an astonishing 39% of U.S. To gain perspective, Iron Mountain sponsored research by Quadrant Strategies, which used digital listening technologies to study public online conversation trends among enterprise decision-makers. and tokenization. higher [in 2022] than in 2017.”
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. I would say, right now, I’m a technologist last.
“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.
There is no single solution to success, but the research highlights some key plays UAE business leaders need to home in on to build a truly AI-driven enterprise. AI is clearly making its way across the enterprise, with 49% of respondents expecting that the use of AI will be pervasive across all sectors and business functions.
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.
Innovation has a different meaning for every organization. Innovation is about modernization, it’s about optimization,” said Dan Gisolfi, Distinguished Engineer, Head of Innovation and Intellectual Property at Discover Financial Services. With built-in resources that nurture innovation and push the industry forward.
Contact center platform vendors are bringing more cloud offerings to market, but not every organization is ready to transform with a move completely off-premises: Some prefer to keep certain workloads nearby (ex: 40% prefer to keep analytics and data deployment on-premises, according to new research from Ventana). Is your curiosity piqued?
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.
“Ensuring you have a deep understanding of your partners’ business, taking extreme ownership of challenges, and being vulnerable are all tenants of building tight partnerships,” observes Andrew Palmer, CIO for global retail markets at Liberty Mutual Insurance. Failing to align IT and business interests gradually erodes hard-earned trust. “It
Paul Beswick, CIO of Marsh McLellan, 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.
SAP has appointed a new global head of artificial intelligence, Walter Sun, after the previous post-holder quit to found her own AI startup. Sun has a PhD from MIT and continued to publish academic research papers during his time at Microsoft, in addition to teaching at Seattle and Washington universities.
Bayer Crop Science sees generative AI as a key catalyst for enabling thousands of its data scientists and engineers to innovate agricultural solutions for farmers across the globe. Making that available across the division will spur more robust experimentation and innovation, he notes.
GenAI is a megatrend that rivals the evolution of the internet itself and it is set to transform global enterprises and entire industries. NTT DATAs landmark Global GenAI Report underscores how the technology is gaining momentum. There is no going back. The report identifies that most CEOs view GenAI as transformational.
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. billion by 2025.
New servers form the foundation of sustainable infrastructure, offering greater performance while taking up less space and consuming less energy – driving sustainability goals while enabling industry innovation. A recent research commissioned by Dell Technologies focused on Gen Z adults aged between 18 to 26 confirms this sentiment.
On a recent episode of the Tech Whisperers podcast, we explored Bradys career journey and leadership philosophies and delved into how she inspires, innovates, and delivers at scale. It felt risky because I didnt know anything about building and leading a research and development team. Theyre not innovative enough.
You may have seen the main features: Draghi states that productivity and thus GDP in the EU lags behind considerably and that the US and China have Usain Bolt–ran away from us when it comes to innovation. Europe’s households have paid the price in foregone living standards. None are based in the EU.”
We organize all of the trending information in your field so you don't have to. Join 11,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content