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Six steps to creating a successful IT strategy: A guide for CIOs

CIO

This requires evaluating competitors’ strategies; identifying strengths, weaknesses, and opportunities; and leveraging insights from the competitive market analysis team or similar teams within the organization. With this information, IT can craft an IT strategy that gives the company an edge over its competitors.

Strategy 200
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7 ways gen AI can create more work than it saves

CIO

JP Morgan Chase president Daniel Pinto says the bank expects to see up to $2 billion in value from its AI use cases, up from a $1.5 But a substantial 23% of respondents say the AI has underperformed expectations as models can prove to be unreliable and projects fail to scale. billion estimate in May. It gets beyond what we can manage.”

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Case in point: taking stock of the CrowdStrike outages

CIO

It was an interesting case study of global cyber impact, says Charles Clancy, CTO at Mitre. The company released a fix 78 minutes later, but making it required users to manually access the affected devices, reboot in safe mode, and delete a bad file. Our legal team knows exactly what to ask for when negotiating contracts.

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YC-backed Amenli raises $2.3M to provide insurance to Egyptian consumers

TechCrunch

South Africa makes up a large bulk of it; without it, the continent is on a 1% to 2% rate even with other developed technology and financial markets like Kenya, Nigeria and Egypt. The insurance market is still one of the industries least disrupted by technology on the continent. Life after YC has been great for Amenli.

Insurance 246
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How resilient CIOs future-proof to mitigate risks

CIO

In addition to these risks, data breaches, ransomware attacks, and unexpected global outages can cause serious damage to mission-critical initiatives, no matter the company size or vertical, says Arvind Nithrakashyap, co-founder and CTO at cybersecurity company Rubrik.

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Fintech Roundup: How going Fast and furious can ruin your startup

TechCrunch

One day later, on December 7, it was revealed that CTO Diane Yu was transitioning from her role as Chief Technology Officer – a position she had just assumed in January 2021 – into an advisory position. Humility should not be seen as a weakness, in my humble opinion, but more of a strength.

Fintech 263
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Extra Crunch roundup: Security data lakes, China vs. Starlink, ExtraHop’s $900M exit

TechCrunch

Just one year ago, ExtraHop was closing in on $100 million in ARR and was considering an IPO, so Ron and Alex spoke to ExtraHop CTO and co-founder Jesse Rothstein to learn more about how (and why) the deal came together. It’s time for security teams to embrace security data lakes. The hidden benefits of adding a CTO to your board.

CTO 163