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From AI models that boost sales to robots that slash production costs, advanced technologies are transforming both top-line growth and bottom-line efficiency. Business leaders dont need to be technology experts to grasp this shift; they need vision and urgency. The path from lab to market keeps shortening.
To thrive in todays business environment, companies must align their technological and cultural foundations with their ultimate goals. At Brown & Brown, we constantly focus on articulating the value of technology in terms of business outcomes. If we dont ground ourselves in that, we risk losing sight of what really matters.
CIOs worried about where the money for new AI initiatives will come from may have some help on the way, with some companies apparently selling off non-core assets to pay for new AI projects. AI is both a huge potential gamechanger for many companies and a huge expense to get right, he says.
Ongoing layoffs in the tech industry and rising demand for AI skills are contributing to a growing mismatch in the IT talent market, which continues to show mixed signals as economic factors and the rise of AI impact budgets and the long-term outlook for IT skills. What is driving tech layoffs?
Speaker: Christophe Louvion, Chief Product & Technology Officer of NRC Health and Tony Karrer, CTO at Aggregage
Christophe Louvion, Chief Product & Technology Officer of NRC Health, is here to take us through how he guided his company's recent experience of getting from concept to launch and sales of products within 90 days. Stakeholder Engagement 👥 Learn strategies to secure buy-in from sales, marketing, and executives.
As businesses strive to stay ahead in an increasingly digital world, the role of technology executives has become critical. Understanding the Digital Frontier’s Impact on Leadership Needs The rapid advancement of technology has created a landscape marked by constant change and disruption.
Artificial Intelligence (AI), a term once relegated to science fiction, is now driving an unprecedented revolution in business technology. The Nutanix State of Enterprise AI Report highlights AI adoption, challenges, and the future of this transformative technology. Nutanix commissioned U.K. Nutanix commissioned U.K.
The topics of technical debt recognition and technology modernization have become more important as the pace of technology change – first driven by social, mobile, analytics, and cloud (SMAC) and now driven by artificial intelligence (AI) – increases. This phase brings with it rapid changes in technologies, processes, and roles.
Although 2024 was another exceptionally lackluster year for new public offerings, the IPO market could gain momentum in 2025 after its three-year lull. With that in mind, here are 13 companies that the Crunchbase News team thinks could be top contenders to go public if our 2025 market forecast bears out. Companies House.
Speaker: Jeff Davis, Founder, jd2 Consulting Group
Studies show failure to align sales and marketing teams around the right processes and technologies costs B2B companies 10% or more of revenue per year. In today’s B2B business environment sales and marketing can no longer operate in silos.
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.
To attract and retain top-tier talent in a competitive market, organizations must adopt innovative strategies that help identify the right candidates and create a cultural environment where they can thrive. The Role of Company Culture in Talent Attraction Company culture has become a critical factor in attracting and retaining talent.
When I started at Novanta about five years ago, my first mission was to bring scalability to our Enterprise solutions, as well as developing a digital roadmap to modernize the technology footprint, reduce technical debt, and explore strategies to ensure that we’re growing at scale. We need more women in technology.
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. With this information, IT can craft an IT strategy that gives the company an edge over its competitors.
Account-based marketing (ABM) is a key strategy for driving sustainable growth. Today, many B2B companies use ABM teams or technologies to make sales. But getting a program off the ground successfully doesn’t have to be a daunting task.
If 2023 was the year of experimentation with gen AI, 2024 was when companies zeroed in on use cases and started putting pilot projects into production. Only 14% say theyre losing money, and 66% of companies plan to increase their AI investments compared to 5% that plan to decrease it. And then there are guardrail considerations.
Marketing and personalization startup Hightouch locked up an $80 million Series C led by Sapphire Ventures , minting it as a new unicorn at a $1.2 Founded in 2018, the company has raised $172 million, per Crunchbase. “Our vision is to use AI to help marketers break free of manual work. billion valuation.
Turnover has always been a concern for employers, but in a recent PwC report, an increasing number of employees worldwide are looking to move within the next year in light of many things, but mostly because of opportunities afforded by the rapid pace of technological change. You have to be innovative,” adds Balbo.
Still, CIOs have reason to drive AI capabilities and employee adoption, as only 16% of companies are reinvention ready with fully modernized data foundations and end-to-end platform integration to support automation across most business processes, according to Accenture.
Speaker: John Barrows, CEO, JBarrows Sales Training
Technology and Artificial Intelligence are evolving faster than ever and disrupting every industry and role, specifically Sales. As companies and reps continue to look for technical solutions to create efficiencies throughout the sales process the human element of sales is being lost.
Banks hope these shifts will enable them to innovate faster and work more efficiently in a rapidly changing market. Even beyond customer contact, bankers see generative AI as a key transformative technology for their company. In addition, budget constraints were cited as an obstacle by 32% of executives. “The
Laying the foundations for generative AI requires a business-wide approach to data-driven decision-making that empowers the entire workforce to take full advantage of the technology while offering confidence and assurance to the business that it is safe and secure to embark on this journey.
Migration to the cloud, data valorization, and development of e-commerce are areas where rubber sole manufacturer Vibram has transformed its business as it opens up to new markets. Vibram certainly isn’t an isolated case of a company growing its business through tools made available by the CIO.
In an era where technology reshapes entire industries, I’ve had the privilege of leading Mastercard on an extraordinary journey. When I think about the technology we started working with early in my career and look at what we’ve been able to do since, it truly is amazing, a global transformation led by and driven through technology.
The fight to find new customers and retain existing ones is the biggest business challenge for many companies. Technology will continue to play a part in fostering buyer allegiance and building brands in the “new normal.”
High-bandwidth memory (HBM), critical for AI chips and including versions like HBM 2, is produced by companies such as South Korea’s Samsung and SK Hynix, alongside US-based Micron. The measures seek to limit Beijing’s access to advanced memory and chipmaking tools, further tightening control over critical semiconductor technologies.
In 2018, I wrote an article asking, “Will your company be valued by its price-to-data ratio?” This will require the adoption of new processes and products, many of which will be dependent on well-trained artificial intelligence-based technologies. The company later estimated losses of $100 million due to the attack.
Travel and expense management company Emburse saw multiple opportunities where it could benefit from gen AI. To solve the problem, the company turned to gen AI and decided to use both commercial and open source models. Both types of gen AI have their benefits, says Ken Ringdahl, the companys CTO.
Dun and Bradstreet has been using AI and ML for years, and that includes gen AI, says Michael Manos, the companys CTO. But not every company can say the same. They can certainly educate internally, but the technology is evolving so rapidly that by the time you finish a grad school course or program, the technology is different.
In a time that's driven by the almost manic pace of technological advancement, adapting to change is a must for any business. More often than not, being flexible enough to get the most out of the latest tech trends defines the success or failure of a company. Today, they come in the form of AI-based tools.
South Korea’s sudden political upheaval has raised fresh concerns for its economy and global supply chains, with analysts warning of potential disruptions to its critical technology exports. of the global memory semiconductor market, with a DRAM market share of 70.5% and a NAND market share of 52.6%.
With advanced technologies like AI transforming the business landscape, IT organizations are struggling to find the right talent to keep pace. As the pace of technological advancement accelerates, its becoming increasingly clear that solutions must balance immediate needs with long-term workforce transformation.
Establishing commercial markets on the moon is going to require thinking a little differently. Department of Defense’s R&D arm, which has just selected 14 companies to participate in a new study to develop technological frameworks for a lunar future. That’s DARPA’s hunch, anyway.
Large US companies with annual sales of over $1 billion invest 1.45% of their sales in technology and IT. In Europe, large companies invest 10% less in IT, at 1.29% of total sales, according to a report from Capgemini , which interviewed 2,500 decision-makers and business leaders across the globe.
Reliable insights aren’t getting easier as technology evolves. across varied companies and industries demands rapid adaptation. Tech companies must focus on how to take products to market, through effective pricing, delivery, and monetization. Fast innovation (SaaS, IoT, etc.)
The United States has been trying to counteract the popularization of technological solutions from China for years, often taking steps that are contrary to the development of an open market. China is not remaining passive and is increasingly overcoming American sanctions by gaining new market segments.
We have companies trying to build out the data centers that will run gen AI and trying to train AI,” he says. The tech companies are still having to run flat out.” Generative AI is likely to confuse the capital investor as much as any technology ever has,” he adds. Next year, that spending is not going away.
The bigplayers,such as OTAs [Online Travel Agencies], are advancing in their adoption of new technologies, taking advantage of AI andbig datatools,while other actors are in earlier stages of integration, he says. In addition, Abril highlights specific benefits gained from applying new technologies.
While CIOs understand the crushing weight of technical debt — now costing US companies $2.41 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.
Think your customers will pay more for data visualizations in your application? Five years ago they may have. But today, dashboards and visualizations have become table stakes. Discover which features will differentiate your application and maximize the ROI of your embedded analytics. Brought to you by Logi Analytics.
To drive change, a reworking of what defines CIO/IT success is needed, with a focus on strategic business goals, innovation, and market differentiation. This data shows that a majority of companies — 62% — are still focused on short-term or functional goals rather than long-term strategic transformation.
Technology has shifted from a back-office function to a core enabler of business growth, innovation, and competitive advantage. Senior business leaders and CIOs must navigate a complex web of competing priorities, such as managing stakeholder expectations, accelerating technological innovation, and maintaining operational efficiency.
Hes leveraging his vendor relationships to keep pace with emerging as well as tried-and-true technologies and practices. Still, she sees more work to be done and is partnering with the companys infrastructure and innovation teams to build on this momentum. Ronda Cilsick, CIO of software company Deltek, is aiming to do just that.
Focused on digitization and innovation and closely aligned with lines of business, some 40% of IT leaders surveyed in CIO.com’s State of the CIO Study 2024 characterize themselves as transformational, while a quarter (23%) consider themselves functional: still optimizing, modernizing, and securing existing technology infrastructure.
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