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CIOs to spend ambitiously on AI in 2025 — and beyond

CIO

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.

Travel 856
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Protecting your business from unforeseen outages: Lessons from the recent CrowdStrike incident

CIO

The recent global outage at CrowdStrike, a leading cybersecurity firm, has sent shockwaves through the business community. The CrowdStrike outage: A wake-up call CrowdStrike’s global outage disrupted services for numerous Microsoft clients, highlighting the far-reaching impact that a single point of failure can have on businesses.

Business 695
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ESG reporting: Carbon in the cloud

CIO

Carbon emissions for datacenters exceed the airline industry Most people do not understand complex global datacenters. An MIT report determined that the carbon footprint for all datacenters globally, about 0.3% of global carbon emissions, exceeds carbon produced by the airline industry globally.

Airline 691
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Embracing Generative AI in health: focus on adoption, execution, outcomes and the human side

CIO

due to higher turnover rate of nurses, hospitals have employed traveling nurses. On average, hospitals would save $3,084,000 per year by eliminating the need for traveling nurses, according to NSI. In the U.S., In England, meanwhile, staff shortages in the NHS are forecast to rise to 570,000 by 2036 on current trends.

Hospitals 723
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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 856
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Is Vietnam the next source for CIO inspiration?

CIO

For CIOs seeking new sources of innovation and support in a rapidly globalizing commercial scene, regions that used to be too remote are now going toe to toe with the more established dominant players. When I came to FPT, there was no research in Vietnam that was recognized internationally.

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Microsoft signs $2.8B cloud deal with London Stock Exchange Group

CIO

“This strategic partnership is a significant milestone on LSEG’s journey towards becoming the leading global financial markets infrastructure and data business, and will transform the experience for our customers,” said David Schwimmer, CEO of London Stock Exchange Group, in comments published alongside a Microsoft blog post announcing the news.

Travel 697