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Major wins and losses in GOVCON – FedSavvy edition April 2024

FedSavvy

This blog summarizes some of the significant contract wins and losses that have shaped the current federal contracting landscape today. Keep reading for some highlighted wins and losses in the GOVCON space. The post Major wins and losses in GOVCON – FedSavvy edition April 2024 appeared first on FedSavvy Strategies.

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INE Security Enables CISOs to Secure Board Support for Cybersecurity Training

CIO

The incident cost Maersk over $300 million in losses. Highlighting the potential financial losses from breaches and the ROI of training programs can make a compelling case. Highlight Competitive Advantage In an increasingly competitive market, robust cybersecurity measures can be a differentiator.

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Generative AI readiness is shockingly low – these 5 tips will boost it

CIO

1 On the other hand, most organizations are moving too slowly to advance genAI initiatives, suggests recent research. Only 27% of business leaders surveyed by Accenture 3 say they are ready to scale up genAI initiatives, with 44% saying that it could take more than six months to do so and take advantage of potential benefits.

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Step 1 to becoming a business-savvy CIO

CIO

For example, if you are in banking, your organization is likely to measure itself by profitability ratios such as net interest margin (the difference between interest income generated and interest expenses) or PCL (provision for credit losses). Regular communications open the door to stronger business relationships.

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More connected, less secure: Addressing IoT and OT threats to the enterprise

CIO

IoT gives businesses many advantages: enhanced efficiency, data-driven insights, reduced costs, and faster innovation. In the first half of 2023, the Zscaler ThreatLabz research team observed approximately 300,000 attempted malware attacks by known IoT threat actors based on data from the world’s largest inline security cloud.

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Customer centricity: How Mashreq Bank is placing its customers at the forefront of its operations.

CIO

After thorough research, Oracle’s Exadata Cloud at Customer emerged as the ideal solution. This choice was bolstered by third-party benchmark reports, which highlighted significant advantages such as approximately 35% lower total cost of ownership (TCO) compared to traditional solutions.

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Gen AI without the risks

CIO

For example, converting a 32-bit floating point model to the nearest 8-bit fixed integers (INT8) can boost inference speeds 4x with minimal accuracy loss. Smart CIOs who take advantage of all their options can field business-changing AI without the costs and risks of developing everything on their own. Learn more. [1]

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