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The survey points to a fundamental misunderstanding among many business leaders regarding the data work needed to deploy most AI tools, says John Armstrong, CTO of Worldly, a supply chain sustainability data insights platform.
With the food industry a $6 trillion market, Choco CEO Daniel Khachab told TechCrunch he aims to make the food supply chain more transparent and sustainable in order to help increase margins in the food service sector and combat climate change. He chose the latter, pumping up the team, regions and technology.
This surge is driven by the rapid expansion of cloud computing and artificial intelligence, both of which are reshaping industries and enabling unprecedented scalability and innovation. However, the rapid pace of growth also highlights the urgent need for more sustainable and efficient resource management practices.
While the New Zealand-based company is still at an early stage – it’s about halfway through its proof of concept – if Humble Bee is successful, its bioplastics are likely to make it into the sustainable textiles industry. The CTO also said fashion brands have been reaching out to Humble Bee Bio.
Addressing these root causes ensures that solutions are effective and sustainable, leading to more permanent improvements and preventing recurring problems. He is the former CTO of shared services for Wachovia, leading technology for Core Banking, Bank Operations, Finance, Risk, Legal and Marketing business units.
Their cross-industry experience equips them with best practices and innovative approaches tailored to each organization’s unique needs. For example, consider a technology company undergoing a digital transformation. Industry insights support the critical role of interim executives.
As Jyothirlatha, CTO of Godrej Capital tells us, Being a pandemic-born NBFC (non-banking financial company), a technology-first approach helps us drive business growth. Since technology evolves rapidly, ensuring seamless adoption while keeping business teams aligned requires continuous change management.
Chieftechnologyofficers are key players in the enterprise C-suite, oftentimes working in collaboration with CIOs at the forefront of new and innovative technologies. They are among the most important hires organizations are making today due to the business value that successful technology deployments can bring.
Fortunately, three forces are combining to make this vision for sustainable transportation a reality: connectivity, digitalisation, and cross-sector collaboration. 5G connectivity also supports the broader role for digitalisation in enabling sustainable transportation. 5G, Digital Transformation, Transportation and Logistics Industry
Few would swap sunny San Francisco and the innovation of Silicon Valley for a train ticketing company serving disgruntled UK commuters, but try telling that to Trainline CTO, Milena Nikolic. Nothing clicked until she spoke to Trainline, the international digital rail and coach technology platform, headquartered in London.
What’s considered right, accurate, and ethical can vary depending on context, use case, industry, country, and culture. Aligning AI with organizational goals and deploying it responsibly and efficiently ensure long-term productivity benefits,” noted Bruno Domingues, CTO for Intel’s financial services industry practice.
Late last year, Solugen , a startup using synthetic biology to take hydrocarbons out of the chemicals industry, decided against pursuing a new round of funding that would have valued the company at over $1 billion, TechCrunch has learned. ” It’s all part of the notable strides the entire industry is making, said Hunt.
Yet unlike his peers, Wiedenbeck’s dual roles — the top technology executive as well as the transformation lead at Ameritas — are often at odds. As chieftechnologyofficer, Wiedenbeck is driving automation and IT modernization to reduce complexity and technical debt.
This certification was done by Natural Capital Partners, an independent global leader in sustainability solutions. The rapid evolution of Artificial Intelligence comes with immense potential — and responsibility,” said David Talby, CTO, John Snow Labs. “At This reality makes it imperative for AI companies to prioritize sustainability.
The industrial biotech startup is working on bringing a novel protein to market — one it says will offer a nutritious, sustainable alternative to animal-derived proteins. But if this 2017-founded Finnish startup, Solar Foods , has its way fermentation could have a very special place in the future of human food too.
Electric vehicle startup BasiGo has today announced the launch of its operations in Nairobi, bringing clean energy options to Kenya’s public transport industry, currently dominated by fossil-fuel buses. . BasiGo’s COO, Alex Mwaura, said they will tap the country’s renewable energy resource to fuel public transportation. .
Maggie Peña, chief experience officer, Interlace Health Interlace Health The C-suite is expanding to include more IT leaders today, a reflection of how important technology is to the business. As a result of this shift, we have seen an emergence of new technology-focused roles becoming more commonplace.”
These leaders hold key positions across a spectrum of roles, including Chief Information Officer (CIO), ChiefTechnologyOfficer (CTO), and Chief Data Officer (CDO). Their collective efforts underscore the critical importance of technology in both public and private sectors.
While 2023 has been a down year for startup investment in most industries , cleantech and sustainability-focused categories have held up comparatively well. Below, we charted out how global sustainability funding in 2023 compares to the prior four years, including both round counts and total investment: In the U.S., Close more.
We also want to also begin our transition into industrial sectors, so that we can really have a massive impact of scale.” ” The company claims it is the world’s leading carbon technology company that creates “carbon-negative alcohols and consumer products” from CO 2.
For instance, CIOs in industries like financial services need to monitor how competitors leverage AI for fraud detection or offer personalized services to inform their IT strategies. CIOs can ensure that IT supports and drives key business outcomes by translating business strategies into clear technology roadmaps.
Xia, who holds a PhD in machine learning and has a background in product development and cloud computing, “was a great complementary fit” and is now Portcast’s chieftechnologyofficer. Portcast’s future plans include moving from predictive AI to include prescriptive AI within the next two quarters.
“Balancing and prioritizing these areas requires a flexible approach to product development, platform modernization, innovative customer-facing capabilities, and client-centric tech innovations that we’re driving through strategic industry partnerships,” Durvasula says. I firmly believe in prioritizing human capital.”
Startups that solve the supply-chain and operational challenges of players in the fast-moving consumer goods (FMCG) industry–by helping buyers access products from sellers on a single platform–keep attracting venture capital from investors. We will use this money for sustainable growth and only sustainable growth.
The new wave of companies in this sector are likely to drill down into specific industries. But of course, each of these industries will likely be quite vast verticals. Vaayu was founded during the pandemic by the previous head of sustainability at Zalando, Namrata Sandhu, and software engineer and data scientist CTO, Luca Schmid.
Both types of gen AI have their benefits, says Ken Ringdahl, the companys CTO. According to Baris Sarer, who leads the AI division of Deloittes technology, media, entertainment and telecommunications industry practice, Metas Llama model is the one that shows up most in industry deployments, followed by Mistral.
It encapsulates a transformative shift towards “total monetization” strategies, where businesses increasingly adopt innovative, customer-centric models to ensure sustainable growth. According to Konary, companies’ ability to adapt their monetization strategies to evolving market demands is crucial for achieving sustained and recurrent growth.
One thing that is clear is we will need to partner and work across industries to solve truly big problems that all organizations are facing.” The need to grow smartly Gil Westrich’s company, ClearML, is benefiting from increased adoption of artificial intelligence and machine learning (ML) technology. How do we get the talent we need?
In this conversation with Foundry, Kopal dives deep into her career progression, the challenges of marrying manufacturing with digitization and WABTEC’s commitment to sustainability. How is WABTEC leveraging emerging technologies like AI and IoT to enhance its manufacturing processes, as well as improve operational efficiency?
When you think of green, climate-aware industries, you’d be forgiven if fashion isn’t at the top of your list. Not a moment too soon, either — the fashion industry emits more carbon than international flights and shipping combined, representing around 10% of greenhouse gases every year, the BBC reports.
The next industrial revolution – Multi-agent systems and small Gen AI models are transforming factories Jonathan Aston Jan 23, 2025 Facebook Linkedin Factories are transforming and becoming smarter through the introduction of powerful multi-agent AI systems. This enabled standardization and mass production.
Can a company embrace digital innovation and become more sustainable at the same time? In the past, business leaders sometimes accepted the idea that being on the leading edge of technology came at a price to the environment. They collected their findings in a report titled The SustainableCTO.
In a bid to position its brand as more tech-forward — and, in the process, foster new culinary innovations — Chipotle today announced the launch of Cultivate Next, a venture fund run by Curt Garner, the restaurant chain’s chieftechnologyofficer.
The manufacturing industry is undergoing a renaissance, thanks in part to advances in information technology. Kim Mackenroth is vice president and global CIO of Textron, a Fortune 302 multi-industry company with around 33,000 employees worldwide. What am I going to be able to do next? What does that look like?
There is a promising surge in the use of AI technologies across various industries. For Neeraj Kumar, CTO of Arkreach, the speed with which AI technologies are being developed itself poses a threat. However, barriers such as adoption speed and security concerns hinder rapid AI integration, according to a new survey.
The startup’s co-founder and CEO Mostafa El-Beltagy told TechCrunch that the mortgage financing plan is part of their strategy to introduce new products that are aligned with clients’ needs, ensuring sustainability for their business. This leaves a financing gap for pre-owned mortgages that Nawy now aims to bridge.
million) seed funding round, led by Norwegian sustainability-focused family fund, TD Veen. “Industries with the highest emission reduction needs are the built environment, automotive/mobility, and consumer goods.” Berlin-based climate tech startup, Made of Air , has closed a €5 million (~$5.8
Become the chief “impact” officer as the new CIO brand. Shift your attention away from “information” or “technology,” as these aren’t prerequisites for joining the digital revolution. The new buzzword is impact; be the chief impact officer. Create sustainable vs. quick wins.
The fishing market globally was worth $253 billion in 2021, and despite the controversy that swirls around the industry, that figure continues to grow. “We have been investing in categories and infrastructure to be more sustainable and we see Rooser as consistent with that.” ”
In my role as CTO, I’m often asked how Digital Realty designs our data centers to support new and future workloads, both efficiently and sustainably. Modularity enables sustainable cooling technologies Another example of Digital Realty’s modular design philosophy in action is our ability to deploy liquid cooling in our data centers.
In six months, you’re going to pitch on stage at demo day, to an institutional investor in your industry,” Executive Director Caroline Winnett tells TechCrunch. Building on technologies developed in the stem cell research labs of UCSF, EndoCrine is looking to commercialize a better way to discover and develop drugs. The Hurd Co.
Industries are ramping up to new technology, as digitalization has brought challenges and opportunities galore. We will also shine a spotlight on the digital initiatives of the Indian Government, which is leading to structural transformation in the economy.”
” “Ikea — just like the furniture industry in general — it tries to portray itself as sustainable, but most furniture is never recycled. . “We came up with the idea of marrying interior design with furniture subscription to make nice living affordable to those who rent only for a couple of years.”
Mike Olson – Chief Strategy Officer, Cloudera. Eli Collins – Chief Technologist, Office of the CTO, Cloudera. 10:30 AM EzBake, DIAs Technology Agnostic Framework Under ORION that Enables Seamless Transition into ICITE. Eli Collins – Chief Technologist, Office of the CTO, Cloudera.
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