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Capitalizing on technology budgets: A CIO’s story

CIO

In today’s competitive business setting, enterprises are constantly under pressure to maintain profitability amid challenging economic conditions. By leveraging data-driven methods, businesses can optimize and reclaim operating capital from their extensive technology budgets, reducing expenses without resorting to drastic measures.

Capital 369
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Atos calls for help after plan to raise new capital falters

CIO

French IT services company Atos has called on a third-party trustee to help it negotiate debt refinancing with its banks after plans to raise €720 million in new capital through a rights issue fell through. It announced it requested the appointment Monday, promising to give an update on the negotiations in due course.

Capital 617
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How to capitalize on ‘Trustworthy AI’

CIO

The business implications are huge. Avoiding pitfalls in AI adoption As business executives evaluate these and other AI-driven tools and technologies, it’s up to IT leaders to help them avoid pitfalls that could alienate customers and employees, or spur lasting damage to corporate reputations if something goes amiss.

Capital 899
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Controlling cloud chaos: How to realign IT with the business

CIO

The cloud is undoubtedly transformative for both IT and businesses, but the business has often been left out of the process when it comes to cloud technology decisions. For instance, if IT requires more processing or storage, the team needs to initiate a capital expenditure to purchase additional hardware.

Business 617
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IT to thank for most of Radisson Hotel Group’s business initiatives

CIO

So now, he says, more than 90% of the company’s business initiatives are possible through the tech borne out of the IT area he leads. And we did it not only to be closer to operations, but to take advantage of the potential that Spain offers in human capital within the tourism sector. How have you rebuilt all the IT talent?

IT 725
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Top 10 barriers to strategic IT success

CIO

On the one hand, artificial intelligence has helped both technology departments and the business units to work better, faster, and cheaper. Ryan Downing, CIO of enterprise business solutions at Principal Financial Group, saw how this challenge impacted his organization. It felt like a rat race to keep up,” Downing says.

IT 771
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Generative AI sparks family business renaissance: PwC report

CIO

The next generation of leaders in family businesses is poised to embrace the transformative power of generative AI (GenAI) despite marked resistance from the incumbent leaders, according to a PwC report. In the same breath, the findings suggested the NextGen leader’s apprehension about the incumbent leaders’ ability to capitalize on it.

Business 662