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Among the recent trends impacting IT are the heavy shift into the cloud, the emergence of hybrid work, increased reliance on mobility, growing use of artificial intelligence, and ongoing efforts to build digital businesses. As a result, for IT consultants, keeping the pulse of the technology market is essential.
Interim executives have become indispensable in addressing immediate leadership needs, whether due to sudden departures, organizational restructuring, or transformational change management. Historically, companies prioritized executives with a proven track record and robust technical skills.
Focused on digitization and innovation and closely aligned with lines of business, some 40% of IT leaders surveyed in CIO.com’s State of the CIO Study 2024 characterize themselves as transformational, while a quarter (23%) consider themselves functional: still optimizing, modernizing, and securing existing technology infrastructure.
Gabriela Vogel, senior director analyst at Gartner, says that CIO significance is growing because boards rely more on trusted advice on technologies like AI and their impact on investment, ROI, and the overall business mission. For me, it’s evolved a lot,” says Íñigo Fernández, director of technology at UK-based recruiter PageGroup.
Building on that perspective, this article describes examples of AI regulations in the rest of the world and provides a summary on global AI regulation trends. AI and GenAI Regulatory Landscape, IDC, July 2024). the world’s leading tech media, data, and marketing services company. and Europe.
By 2027, 70% of healthcare providers will include emotional-AI-related terms and conditions in technology contracts or risk billions in financial harm. By 2028, technological immersion will impact populations with digital addiction and social isolation, prompting 70% of organizations to implement anti-digital policies.
In recent years, the United Arab Emirates has emerged as a global hub for technology and innovation. According to IDC, there has been a cybersecurity spending growth in the UAE that surpassed projections with a CAGR of 11.2 % in 2022 and 2027 and is forecasted to cross 4 billion AED in 2024. How do we CISOs adapt our strategies today?
European insurance tech startup Wefox has raised $400 million in a series D round of funding, giving the German company a post-money valuation of $4.5 And only then does the technology kick in, with all the usual mobile apps and online dashboards for registering and filing claims. and Asia in 2024. Image Cfredits: Wefox.
It ensures that companies are prepared for any unforeseen changes in leadership due to retirement, emergencies, or sudden departures. Emerging Technologies to Facilitate Leadership Planning As the digital revolution unfolds, it’s becoming clear that technology plays a substantial role in enhancing leadership planning.
As it turns out, certain trends are more aspirational than practical. And while greenwashing, overall, is decreasing, new RepRisk data reveals that 36% of companies in the financial sector were still linked to greenwashing in 2024. By Katherine Maslova This has been a year of rapid progress and high expectations for the fintech sector.
By Katie Vasquez The aerospace and defense sectors face a pivotal moment as geopolitical tensions rise, labor shortages increase and technological innovation accelerates, driving demand for modernizing military and aerospace operations. Katie Vasquez is an investor at Calibrate Ventures , where she invests in early-stage deep-tech startups.
With the merging of operational efficiency and embracing new technologies, today’s CIOs are under increasing pressure to do more with less and become both technologists and business leaders, says Sunny Azadeh, CIO at digital services company GlobalLogic. “In
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. I reviewed some of these agents, and found several AI capabilities that can become competitive differentiators.
Although 2024 was another exceptionally lackluster year for new public offerings, the IPO market could gain momentum in 2025 after its three-year lull. Enterprise tech and AI Cerebras Systems : Yes, this one is kind of cheating. national security review on UAE-based G42 ‘s minority investment in the AI chipmaker.
While we like to talk about how fast technology moves, internet time, and all that, in reality the last major new idea in software architecture was microservices, which dates to roughly 2015. We’re skeptical about things like job displacement, at least in technology. They aren’t necessarily following the latest trends.
] Forty-one percent of organizations adopted and used digital platforms for all or most functions in 2024, compared with just 26% in 2023, according to IDC’s May 2024 Future Enterprise Resiliency and Spending Survey, Wave 5. It’s important to note that digital addiction is not technical debt.
Identifying the top technical skills that you should hire for is even harder. Based on the hiring trends we have seen on our HackerEarth Assessments platform, we made a list of the top technical skills you should be focusing on in 2024. What are these tech skills? But we’ve got your back.
With powerful models and features released at breathtaking speeds and a competitive playing field denser than ever before, 2024 was a dizzying year in the field of large language models (LLMs). In this blog post, we review the most significant technologicaltrends of the past year and discuss how practitioners can take advantage of them.
The global market for managed services will rise in 2024due to organizations’ IT spending surge and larger investments in managed services deals involving AI and cloud computing, according to market intelligence firm IDC. This trend, IDC attributed to the growing investments by organizations in areas such as AI and cloud.
Gcore , the global edge AI, cloud, network, and security solutions provider, today announced the findings of its Q3-Q4 2024 Radar report into DDoS attack trends. DDoS attacks have reached unprecedented scale and disruption in 2024, and businesses need to act fast to protect themselves from this evolving threat.
Between the rapid ascendance of AI and the often dramatic downfall of startups large and small, 2023 was an action-packed year for tech and venture. In many ways, we expect 2024 to be the year when things settle down a bit. Here’s a look at five trends Crunchbase News’ editors and reporters are watching in the new year.
On April 23, 2024, CIO + IDC host FutureIT Toronto. Take a journey through the realms of cloud technology, artificial intelligence, cybersecurity, and tech leadership and join in for a day filled with insightful discussions, meaningful connections, and unforgettable insights that will help shape the future of your business.
From obscurity to ubiquity, the rise of large language models (LLMs) is a testament to rapid technological advancement. Just a few short years ago, models like GPT-1 (2018) and GPT-2 (2019) barely registered a blip on anyone’s tech radar. In 2024, a new trend called agentic AI emerged. Did this need to be an agent?
Developing generative AI implementation strategies will be imperative for technology leaders, prioritizing key areas such as business model building, internal operational improvements, risk mitigation, and overall organizational efficiency. How has the past year changed the landscape for technology leaders?
This shift is not just a trend; it’s a fundamental change in how we approach assessments, driven by the need for more effective and scalable solutions in our increasingly digital world. It offers a range of coding tests, competitions, and hackathons to evaluate and identify top tech talent.
This shift is not just a trend; it’s a fundamental change in how we approach assessments, driven by the need for more effective and scalable solutions in our increasingly digital world. It offers a range of coding tests, competitions, and hackathons to evaluate and identify top tech talent.
When I last dedicated an episode of the Tech Whisperers podcast to the state of tech talent, we were just coming out of a multi-year “sellers” market, and we could sense that we were hitting an inflection point. After the show wrapped, we spent some more time discussing IT talent trends from the executive recruiter’s perspective.
Nearly half (49%) of IT leaders responding to the 2024 State of the CIO Study from Foundry, publisher of CIO.com, say they expect to play more of a strategic role in the upcoming years, with another 36% anticipating a heavy emphasis on transformational responsibilities. Other surveys offer similar findings. Foundry / CIO.com 3.
We’re looking at a general geographical area to see what the trend might be. A golden dataset of questions paired with a gold standard response can help you quickly benchmark new models as the technology improves. Missing trends Cleaning old and new data in the same way can lead to other problems.
Otherwise, companies will struggle to realize business value with AI/ML capabilities left to endure high cloud cost expenses, as it has been for many companies in 2024 for AI solutions. The assessment provides insights into the current state of architecture and workloads and maps technology needs to the business objectives.
Africas IT landscape is experiencing accelerated digital transformation due to a young, tech-savvy population, aboost in thegross domestic product (GDP), and anincrease in demand for low-latency connectivity. Lets examine recent trends in digital infrastructure investment. million km of terrestrial fiber networks as of 2022.
So far, 2024 has proceeded very much like 2023 in the startup world. AI is still the dominating talk of venture capital, funding is slightly up but most seem unsure if that’s a trend or a passing moment, and the IPO window is still only a bit ajar. In the tech sector, meanwhile, AI cloud infrastructure startup CoreWeave secured $7.5
That’s a better measure of technologytrends than anything that happens among the Twitterati. Companies are still “moving into the cloud”—that trend hasn’t changed—but as some move forward, others are pulling back (“repatriation”) or postponing projects. What’s real, and what isn’t? Our data shows us what O’Reilly’s 2.8
Here are the top attack surface exposures and trends from the past year, and ways institutions can remediate these threats before they transform into critical issues. Cloud is the dominant attack surface through which these critical exposures are accessed, due to its operational efficiency and pervasiveness across industries.
As early adopters, everything from hospital operations and administrative duties, to clinical trials and drug discovery are being impacted by the technology. The 2024 Generative AI in Healthcare Survey , however, does a better job at that. Despite the rosy outlook, it doesn’t paint the full picture of GenAI in healthcare.
The industry saw unprecedented growth in certain areas — such as AI and ML — alongside massive layoffs from tech vendors and cooling (or even contracting) salaries for a wide range of IT roles. Recent layoffs have been cast in part as a corrective for that period, when the average tech salary increased nearly 9%.
Like all technology-related things, shadow IT has evolved. According to its spring 2024 AI Adoption and Risk Report , 74% of ChatGPT usage at work is through noncorporate accounts, 94% of Google Gemini usage is through noncorporate accounts, and 96% for Bard. What could go wrong? Shadow AI could introduce legal issues, too.
According to New Relic’s 2024 Observability Forecast , businesses face a median annual downtime of 77 hours from high-impact outages. NR AI responds by analyzing current performance data and comparing it to historical trends and best practices. These outages can cost up to $1.9 million per hour.
Klarna’s plans should not comes as a surprise, given the firm was the first fintech globally to launch a ChatGPT plug-in soon after the launch of the technology in November 2022. As Klarna continues to discover applications for OpenAI’s tech, there’s the potential to take the business to new heights.”
North American venture funding spiked in the final quarter of 2024, closing out an up year for startup investment driven by continued momentum around artificial intelligence , Crunchbase data shows. For all of 2024, meanwhile, total investment was just over $184 billion up 21% from the prior year. Altogether, investors put $61.9
ICYMI the first time around, check out this roundup of data points, tips and trends about secure AI deployment; shadow AI; AI threat detection; AI risks; AI governance; AI cybersecurity uses — and more. funding, technical expertise), and the infrastructure used (i.e., and the U.S. Source: “Oh, Behave!
Once perceived as an abstract concept, Artificial Intelligence (AI) and generative AI (genAI) have become more normalized as organizations look at ways to implement them into their tech stack. In the eBook, 86% of organizations identify at least one technology roadblock to AI success. Dell AI Factory with NVIDIA is a prime example.
Reflecting a wider industry trend, Dell has revealed workforce reductions, attributing this decision to the ongoing macroeconomic environment that continues to affect demand across the sector. As of February 2, 2024, the employee count stood at approximately 120,000, declining from the 133,000 recorded in February 2023.
At the same time, revenue growth was down and churn rates were at an all-time high, reflecting a period of “normalization” post-pandemic due to rising interest rates and enterprises cutting down on their software expenditures. Signs of improved health Drawing on our data from Q1 2024, we’ve noticed signs of improved health in SaaS.
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