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For CIOs leading enterprise transformations, portfolio health isnt just an operational indicator its a real-time pulse on time-to-market and resilience in a digital-first economy. This transformation requires a fundamental shift in how we approach technology delivery moving from project-based thinking to product-oriented architecture.
The bigplayers,such as OTAs [Online Travel Agencies], are advancing in their adoption of new technologies, taking advantage of AI andbig datatools,while other actors are in earlier stages of integration, he says. In addition, Abril highlights specific benefits gained from applying new technologies.
Always on the cusp of technologyinnovation, the financial services industry (FSI) is once again poised for wholesale transformation, this time with Generative AI. GenAI-powered financial services use cases Across the sector, GenAI is empowering innovation and enabling new work patterns.
In markets such as India, Brazil, and the United Arab Emirates, AI usage exceeds the levels in so-called mature markets. In the UAE, 91% of consumers know GenAI and 34% use these technologies. Overall, 75% of survey respondents have used ChatGPT or another AI-driven tool.
Marketingtechnology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks.
Artificial Intelligence (AI), a term once relegated to science fiction, is now driving an unprecedented revolution in business technology. The Nutanix State of Enterprise AI Report highlights AI adoption, challenges, and the future of this transformative technology. Nutanix commissioned U.K. Nutanix commissioned U.K.
Organizations look at digital transformation as an opportunity to radically improve operations and increase the value of a product or service to the customer by embedding technology into the decision-making fabric and building automation into its functions.
This move signifies Salesforces deepening commitment to the UAE market and its strategic vision for growth across the MENA region. These words highlight the strong alignment between Salesforces ambitions and the UAEs vision for technological leadership and economic growth.
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.
Regulation will play a key role in the successful implementation of AI and will be just as much of a priority as innovation is for leaders,” said Karl Crowther, VP of MEA at Alteryx.
Innovate Shane McDaniel, CIO for the City of Seguin, Texas, says his city has grown by about 35% since the 2020 census. Hes leveraging his vendor relationships to keep pace with emerging as well as tried-and-true technologies and practices. Were embracing innovation, he explains. Were embracing innovation, he explains.
Salima Bhimani has been encouraging the responsible and ethical use of AI for several years as Alphabet’s first chief strategist and director for inclusive and responsible technology, business, and leaders from 2017 to 2023. Now, we have to think about innovation as a way of really reshaping the world so that it works for everybody.
The more strategic concern isn’t just the cost— it’s that technical debt is affecting companies’ abilities to create new business, and saps the means to respond to shifting market conditions. Rather than discuss “legacy systems,” talk about “revenue bottlenecks,” and replace “technical debt” with “innovation capacity.”
The world must reshape its technology infrastructure to ensure artificial intelligence makes good on its potential as a transformative moment in digital innovation. New technologies, such as generative AI, need huge amounts of processing power that will put electricity grids under tremendous stress and raise sustainability questions.
What revolutionary technology were they referring to? But in the short run, we risk building an astonishing, awe-inspiring technology that few use. Just look at Apple’s Vision Pro as a tale of a brilliant piece of technology that the world is still trying to wrap its mind around. Instead, it needs to be coupled with innovation.
In an era where technology reshapes entire industries, I’ve had the privilege of leading Mastercard on an extraordinary journey. When I think about the technology we started working with early in my career and look at what we’ve been able to do since, it truly is amazing, a global transformation led by and driven through technology.
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. Tencent Cloud stands to benefit, particularly in APAC, where market size is predicted to grow from US$45.4 billion in 2024 to over US$110 billion by 2028.
Banks hope these shifts will enable them to innovate faster and work more efficiently in a rapidly changing market. Even beyond customer contact, bankers see generative AI as a key transformative technology for their company. In addition, budget constraints were cited as an obstacle by 32% of executives. “The
To drive change, a reworking of what defines CIO/IT success is needed, with a focus on strategic business goals, innovation, and market differentiation. Business is too dependent on technology as a key driver for both business value and differentiation. The CIO is no longer the chief of “keeping the lights on.”
In a global economy where innovators increasingly win big, too many enterprises are stymied by legacy application systems. As a consequence, these businesses experience increased operational costs and find it difficult to scale or integrate modern technologies. The foundation of the solution is also important.
Digital transformation represented among the largest investments in technology to modernize businesses starting in the early 2000s. With the rise of generative AI, CEOs recognize an opportunity to shift from technology-led digital transformation to executive-led business reformation.
Technology has shifted from a back-office function to a core enabler of business growth, innovation, and competitive advantage. Senior business leaders and CIOs must navigate a complex web of competing priorities, such as managing stakeholder expectations, accelerating technologicalinnovation, and maintaining operational efficiency.
This collaboration marks a significant milestone for both Du and the UAE’s digital vision, which is focused on integrating cutting-edge technology into every aspect of governance and public service. We see huge potential in the UAE’s ICT market, and we’re committed to pushing the boundaries of what’s possible.” AI is big in the UAE.
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.
Or we can make the right things more efficient while also charting a new path and harness this technology to truly transform into AI-first businesses. Most businesses used new technology to do what we did yesterday better, faster, cheaper, and bigger. This means AI is ushering in an intelligence revolution, an age of innovation.
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.
Generative AI is likely to confuse the capital investor as much as any technology ever has,” he adds. In many cases, CIOs and other IT leaders have moved past the peak expectations about what gen AI can do for their organizations and are headed into more realistic ideas about the future of the technology, Lovelock adds.
The partnership is set to trial cutting-edge AI and machine learning solutions while exploring confidential compute technology for cloud deployments. This collaboration marks a significant step in driving innovation in cloud services, particularly in the MENA region.
With advanced technologies like AI transforming the business landscape, IT organizations are struggling to find the right talent to keep pace. As the pace of technological advancement accelerates, its becoming increasingly clear that solutions must balance immediate needs with long-term workforce transformation.
What really matters is determining how to fit every function together to achieve unified goals — chiefly IT and its business counterparts, given the importance technology has organizationwide. It allows businesses to be the best technologically enabled version of themselves,” Upchurch says.
Migration to the cloud, data valorization, and development of e-commerce are areas where rubber sole manufacturer Vibram has transformed its business as it opens up to new markets. We’re an IT company that’s very integrated into the business in terms of applications, and we put innovation at the center.
“The critical element lies in automating these steps, enabling rapid, self-learning iterations that propel continued improvement and innovation.” However, research demonstrates that more executives, like Schumacher, recognize the connection between AI and business innovation. Most AI hype has focused on large language models (LLMs).
Lastly, voluntary frameworks have been proposed by many countries such as Singapore and Japan, to encourage AI innovation. The Law provides a set of frameworks that are as comprehensive as the EU AI Act, with the intention of balancing the need for innovative AI development with the need to safeguard society. and countries of the EU.
Set clear, measurable metrics around what you want to improve with generative AI, including the pain points and the opportunities, says Shaown Nandi, director of technology at AWS. A second area is improving data quality and integrating systems for marketing departments, then tracking how these changes impact marketing metrics.
With technology rapidly shaping business outcomes, and the tech infrastructure supporting every aspect of business, CIOs much deservedly now occupy a seat at the table. For example, in the online job market, optimizing search algorithms and AI-driven candidate-job matching directly impacts user engagement and revenue.
Its first customers include Aurora Innovation, which makes self-driving software for commercial trucks, and game developer Niantic, which is building a 3D map of the world. Data labeling in particular is a growing market, as companies rely on humans to check out data used to train AI models.
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.
Here are five specific areas to focus on regarding innovation and thought leadership. Innovation is critical despite economic cycles or company performance Especially in difficult times, the board may look for additional ways to improve profit margins and generally tighten the belt.
Managed infrastructure services provider Kyndryl is considering a bid for competitor DXC Technology, Reuters reported Monday, citing people familiar with the matter. If Kyndryl announces this deal, I would be bullish on the company’s prospects to drive innovation for clients and to drive out costs,” Dickens said.
The airliner, which competes against Qatar Airlines, is counting on agentic AI and the LLM to elevate its bookings and expand its share of the growing market, she said, adding that the six-month-old model has attracted 3 million visitors and has handled some bookings, but its value is far more strategic.
As SaaS and other technology companies began to abandon traditional project management, product-based IT became a bold shift to business value. Product management addresses the complexities of market research and product strategy definition.
However, successful AI implementation requires more than cutting-edge technology. By ensuring consistent, high-quality product data, we enable businesses to unlock AIs full potential to drive growth, innovation, and exceptional customer experiences. The platform offers tailored solutions for different market segments.
From customer service chatbots to marketing teams analyzing call center data, the majority of enterprises—about 90% according to recent data —have begun exploring AI. Adopting Operational AI Organizations looking to adopt Operational AI must consider three core implementation pillars: people, process, and technology.
Innovators have the unique ability to see what’s possible, bringing together in new ways, acclimating to change and thriving within it, and creating true transformation. Few people are true innovators, but it’s those characteristics that make an innovator worthy of the title “Outlier.” Jason Peoples is one of those rare people.
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