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5 hot IT budget investments — and 2 going cold

CIO

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). Increasingly, businesses are realizing they need to invest in skills development to leverage emerging technologies, agrees SPR’s Mead.

Budget 363
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Building digital fluency in the C-suite and beyond

CIO

Leadership “puts their money where their mouth is.” Those sessions have also been integrated into various learning events for the leadership. Another is Guild Network, a program designed to foster continuous learning and development through communities of practice, Durvasula says. The payoff can be significant. “We

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The ‘Great Retraining’: IT upskills for the future

CIO

According to the 2023 State of the CIO , IT leaders are looking to shore up competencies in key areas such as cybersecurity (39%), application development (30%), data science/analytics (30%), and AI/machine learning (26%). IT Leadership, IT Skills, IT Training They bring expertise that the traditional IT pool doesn’t have.”

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Better, faster decisions: Why businesses thrive on real-time data

CIO

Most organizations understand the profound impact that data is having on modern business. In Foundry’s 2022 Data & Analytics Study , 88% of IT decision-makers agree that data collection and analysis have the potential to fundamentally change their business models over the next three years. Business Intelligence

Data 303
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Innovative Manufacturers are Investing in these Advanced Technologies

CIO

This allows teams to receive and review business intelligence and make changes in near-real-time rather than waiting hours or days to glean insights from data. [2] For manufacturers, this means uniting the physical world of machines, devices, and industrial equipment with the digital world of servers, networks, and applications.

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5 steps to move AI beyond buzzwords to deliver true transformative impact

CIO

This creates a flywheel we call The Data Network Effect, where you acquire more data, which helps create better algorithms, which drives better engagement, ultimately leading to happier customers, which then generates more data, and so on, and so on. Do not boil the ocean … we tried that … it did not work.

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Zilliz, the startup behind the Milvus open source vector database for AI apps, raises $60M, relocates to SF

TechCrunch

In 2020, Chinese startup Zilliz — which builds cloud-native software to process data for AI applications and unstructured data analytics, and is the creator of Milvus , the popular open source vector database for similarity searches — raised $43 million to scale its business and prep the company to make a move into the U.S.