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Banks bet on AI to deliver digital efficiencies

CIO

In the face of shrinking budgets and rising customer expectations, banks are increasingly relying on AI, according to a recent study by consulting firm Publicis Sapiens. As the study’s authors explain, these results underline a clear trend toward more personalized services, data-driven decision-making, and agile processes.

Banking 212
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CMO and CDO: The Digital Marketing Partnership Fueling Growth

N2Growth Blog

In this landscape, the collaboration between the Chief Marketing and the Chief Digital Officer has become a pivotal driver of organizational success. They must understand market dynamics, competitive landscapes, and emerging trends to position the organization effectively.

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How to talk to your board about tech debt

CIO

When your CEO or CFO asks about the budget needed for technical debt remediation , do you find yourself struggling to justify the investment? The more strategic concern isn’t just the cost— it’s that technical debt is affecting companies’ abilities to create new business, and saps the means to respond to shifting market conditions.

How To 205
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Companies look to sell off assets to pay for AI investments

CIO

Until now, many companies have cut costs in other areas, laid off staff, or raided the budgets of other departments to pay for AI projects. If you look at 23 and 2024 you had a lot of budget increases, you had a bunch of layoffs over the last couple of years, and not something thats sustainable.

Company 195
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Overcoming the 6 barriers to IT modernization

CIO

These outdated systems are not only costly to maintain but also hinder the integration of new technologies, agility, and business value delivery. Budget constraints Barrier: IT modernization requires substantial investment, and budget constraints are a common hurdle.

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7 signs it’s time to modernize your IT systems

CIO

You usually can’t move the needle on everything while working within typical budgets, so instead focus on moving the needle on the one or two things that really make the most difference,” Rasmussen advises. The one thing an IT leader should never do is sprinkle investments across multiple areas, Rasmussen says.

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Lean Budgeting – Foster Growth & Innovation in Your Organisation

Evolution4all

Your annual budget could be harming your business. Does your organisation’s budget system hinder growth and innovation? This may not be the soundest proposition, but budgeting, as it is currently practised by many companies, should be abolished. Budgeting as it Used to Be. Yet, very harmful.

Budget 183