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Low-code: An Accelerator for Digital Transformation

CIO

Digital transformation is expected to be the top strategic priority for businesses of all sizes and industries, yet organisations find the transformation journey challenging due to digital skill gap, tight budget, or technology resource shortages. Amidst these challenges, organisations turn to low-code to remain competitive and agile.

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3 key digital transformation priorities for 2024

CIO

Luckily, many are expanding budgets to do so. “94% 94% of the executives we surveyed said they had plans to increase their investment in IT or emerging technologies, and 80% said they plan to increase investment in AI over the next year,” reports Ken Englund, leader of technology, media, and telecommunications for the Americas at EY.

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7 steps for turning shadow IT into a competitive edge

CIO

After all, 41% of employees acquire, modify, or create technology outside of IT’s visibility , and 52% of respondents to EY’s Global Third-Party Risk Management Survey had an outage — and 38% reported a data breach — caused by third parties over the past two years.

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Filevine raises $108 million for tools that streamline legal workflows

TechCrunch

Filevine , a startup offering a software-as-a-service product for legal case management, today announced that it closed a $108 million series D round led by StepStone Group with participation from Golub Capital and existing investors Signal Peak Ventures and Meritech Capital. software-as-a-service market.” ” Future growth.

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Building your own web application platform is locking you in

CIO

Platform development includes design, coding, testing, securing, and deploying. This can be costly for organizations: A recent study found that 25 to 40% percent of IT projects exceed their budget or schedules by more than 50%. No platform is a fire-and-forget type of affair. Investing in your own tooling will never scale like that.

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Can the CIO role prevail over AI?

CIO

And when it comes to business and management IT jobs, 63% were classified as “high transformation” due to AI. And online education company Pluralsight conducted a survey of IT professionals in the US and UK and found that 74% worried AI tools will make many of their daily skills obsolete.

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SirionLabs lands $85M to inject contract management with automation

TechCrunch

The opportunity is often worth the investment, but without close contract governance, businesses stand to lose up to 40% of a contract’s value, a KPMG survey found. Agrawal’s newest venture is SirionLabs , which comines AI technologies like natural language processing to import and organize contracts, negotiations, and contract review.