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Microsoft’s Copilot tunes could be music to CIOs’ ears

CIO

“CIOs, nearly always, must focus on doing more with less, delivering innovation and digital capability to enable topline growth while constraining operating expenses,” Ritu Jyoti, group vice president of research at IDC, said while trying to explain the takeaways for CIOs from the developer-focused conference.

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AI + FinOps: How to automate cloud cost optimization

CIO

Research shows companies that activate their FinOps model using AI are 53% more likely to achieve a cost savings of greater than 20% — compared to less than 10% without AI. In fact, companies not exploiting this advantage will quickly force their human IT engineers to pick up wherever their automation leaves off. The result?

Finance 568
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Process mining helps IT leaders modernize business operations

CIO

According to a November 2023 report by global market research and management consulting company Global Market Insights, the process mining market is estimated to expand at a compound annual growth rate of more than 40% over the next decade, reaching $31.52 And the market for process mining tools is growing. billion by 2032.

Business 868
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Inside Walmart’s generative AI journey

CIO

Around the time ChatGPT crossed 100 million users, Walmart executives visited a leading research institution to discuss the long-term opportunity around generative AI. The researchers confirmed Walmart’s assumptions on day one: The technology would initially primarily serve knowledge workers by augmenting their work rather than automating it.

Retail 856
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Rocket Mortgage lays foundation for generative AI success

CIO

“Generative AI is becoming the virtual knowledge worker with the ability to connect different data points, summarize and synthesize insights in seconds, allowing us to focus on more high-value-add tasks,” says Ritu Jyoti, group vice president of worldwide AI and automation market research and advisory services at IDC. “It

Knowledge 837
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4 ways upskilling and reskilling can fill hard-to-hire positions

CIO

This person could be an ideal internal candidate for a position in predictive analytics, big data analysis, or even machine learning related roles. As an IT leader, the use of these techniques to fill open IT positions has many advantages, including: Reduced costs of filling open positions in a tough recruiting marketplace.

Knowledge 747
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Ford’s high-tech business transformation, fueled by cloud

CIO

Fueled by cloud Ford’s cloud journey, which began roughly a decade ago, continues to this day, Musser says, as the automaker seeks to take advantage of advances in the key technologies fueling its transformation, including the internet of things (IoT), software as a service, and the latest offerings on Google Cloud Platform (GCP).

Business 747