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

CIO

In today’s rapidly evolving technological landscape, the role of the CIO has transcended simply managing IT infrastructure to becoming a pivotal player in enabling business strategy. Understanding the company’s competitive position allows IT leaders to mindfully act to implement technology for competitive advantage.

Strategy 200
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Global tariffs shake up CIOs’ IT agendas

CIO

The new tariffs will not only drive up tech prices but also disrupt supply chains and weaken global IT spending this year, IDC warned in a blog post. As a result, CIOs and other tech leaders need to proactively analyze costs, diversify sourcing, optimize inventory, and prioritize the projects that dont sacrifice critical AI ambitions.

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Unlocking the full potential of enterprise AI

CIO

Research from Gartner, for example, shows that approximately 30% of generative AI (GenAI) will not make it past the proof-of-concept phase by the end of 2025, due to factors including poor data quality, inadequate risk controls, and escalating costs. [1] AI in action The benefits of this approach are clear to see.

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Productfy raises $16M to build the ‘Shopify of embedded finance’

TechCrunch

a banking-as-a-service (BaaS) platform that aims to build “DeFi for traditional finance,” has raised $16 million in a Series A round of funding led by CM Ventures. From a product architecture standpoint, Productfy has been built “from the ground up,” he said, to operate with multiple banking partners. Productfy Inc. ,

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Bud Financial helps banks and their customers make more informed decisions using AI with DataStax and Google Cloud

CIO

For banks, data-driven decisions based on rich customer insight can drive personalized and engaging experiences and provide opportunities to find efficiencies and reduce costs. Embrace scalability One of the most critical lessons from Bud’s journey is the importance of scalability. Artificial Intelligence, Machine Learning

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FloQast builds an AI-powered accounting transformation solution with Anthropic’s Claude 3 on Amazon Bedrock

AWS Machine Learning - AI

You can reconcile bank statements against internal ledgers, get real-time visibility into financial operations, and much more. With advancement in AI technology, the time is right to address such complexities with large language models (LLMs). An accountant will select specific transactions in both systems and choose Generate AI Rule.

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FlexID gets Algorand funding to offer self-sovereign IDs to Africa’s unbanked

TechCrunch

Startups like FlexID remind us that distributed ledger technology has the potential to play other roles, including offering trusted records of identities without the need for a centralized authority. More than 60% of adults in sub-Saharan Africa are unbanked, according to World Bank estimates for 2021. million in 2016. million in 2020.