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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. For the global risk advisor and insurance broker that includes use cases for drafting emails and documents, coding, translation, and client research.

Travel 516
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How Italian CIOs produce value with gen AI

CIO

This is the case of Alpitour World, one of Italy’s largest travel companies, where gen AI projects have merged with preexisting uses of AI. Another gen AI application winning over CIOs is its knack for coding, according to Alessio Maffei, ICT manager of Milan-based student and family-focused travel company Inter-studioviaggi. “At

Travel 450
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KeyBank CIO Amy Brady heeds the transformative call of IT leadership

CIO

You spent 14 years working on the business side at Bank of America when the banks president asked you to move to Atlanta and build a research and development group. It felt risky because I didnt know anything about building and leading a research and development team. I like being a part of something that has purpose.

Banking 395
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IT budgets remain solid, despite tech industry headwinds

CIO

Given global economic conditions, a simple lessening of demand may be one of the most important contributing factors to the silicon market’s recovery, and the company’s researchers identified two other factors likely to determine how short—or long—the recovery is.

IT 514
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Cost, security, and flexibility: the business case for open source gen AI

CIO

Travel and expense management company Emburse saw multiple opportunities where it could benefit from gen AI. They can provide highly refined, specialized solutions that benefit from significant investment in research and development, he says. Take for example the simple job of reading a receipt and accurately classifying the expenses.

Security 433
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Transforming the leadership trajectory for women in tech

CIO

That trend is substantiated by recent research from McKinsey. Marlene Pappas, KPMG South Africa KPMG South Africa A wide body of research shows that organizations with teams that are more diverse perform better overall, says Sieberts.

Travel 523
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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 435