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Always on the cusp of technology innovation, the financial services industry (FSI) is once again poised for wholesale transformation, this time with Generative AI. GenAI-powered financial services use cases Across the sector, GenAI is empowering innovation and enabling new work patterns.
Innovator/experimenter: enterprise architects look for new innovative opportunities to bring into the business and know how to frame and execute experiments to maximize the learnings. How can enterprise architecture be an enabler to key evolving disciplines in IT , e.g. development/engineering ?
In this landscape, the collaboration between the Chief Marketing and the Chief Digital Officer has become a pivotal driver of organizational success. These roles, while distinct, are increasingly interwoven, and their synergy can unlock unprecedented opportunities for growth and innovation.
Additionally, 90% of respondents intend to purchase or leverage existing AI models, including open-source options, when building AI applications, while only 10% plan to develop their own. This allows organizations to maximize resources and accelerate time to market.
Speaker: Daniel Elizalde - Product Executive and Advisor
There is a big problem with the term "product market fit." Launching successful products requires a rare combination of market understanding, iterative development, and a lot of luck. Ask ten people to define PMF and you’ll get ten different answers. All of them are useless because they are not actionable.
In almost all these transformations, one must prove the justification for change and navigate resistance to it, and go above and beyond to develop the business case. So the question that plagues any professional entrusted with or motivated to drive a huge change initiative is how to inspire innovation and foster a culture of excellence.
The first is to foster a culture of agility, collaboration, and AI-driven innovation, driven in part by our new Office of AI. It breaks the mold of business partners bypassing IT to develop their own technology solutions, and turns this shadow IT into an advantage. Its a three-pronged effort.
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. Investing in innovative talent acquisition strategies is a necessity and a competitive advantage.
This move signifies Salesforces deepening commitment to the UAE market and its strategic vision for growth across the MENA region. The opening of this new office in Dubai not only marks a key development for the company but also reflects its dedication to helping local businesses with their digital transformation journeys.
In today's rapidly evolving market, product managers face the challenge of driving innovation while also meeting the needs and expectations of their existing user base. This webinar aims to equip you with strategies and insights to successfully navigate this delicate balancing act.
Banks hope these shifts will enable them to innovate faster and work more efficiently in a rapidly changing market. Interestingly, developing existing talent is the third most cited focus for digital transformation — a sign that leaders recognize the importance of preparing employees to work with gen AI.
Innovate Shane McDaniel, CIO for the City of Seguin, Texas, says his city has grown by about 35% since the 2020 census. McDaniel says this work also creates a strong launchpad for more IT innovation in the upcoming year. Were embracing innovation, he explains. Heres what they resolve to do in the upcoming 12 months.
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.
Africa is the world’s third fastest-growing crypto market, with crypto adoption increasing by more than 1,200% over the last two years. In the latest development, one such company, Bitmama , has raised a pre-seed extension of $1.65 One thing which is the backbone of Bitmama is that we are very innovative.
As a product leader, mitigating risk in your digital product development is one of your highest priorities—and likely what’s keeping you up at night. Missed launch dates. Failed products. Wasted sprints. These are costly scenarios product leaders must try to avoid.
We want engineering velocity to remain our competitive advantage, says Azra Coburn, Blocks Head of Developer Experience. With this aim, Block has established a global developer experience function focused on empowering developers to innovate rapidly and deliver high-quality products.
IT leaders must understand how the business plans to compete, grow, and create value in the market to align IT initiatives within the company’s broader objectives. If competitors are using advanced data analytics to gain deeper customer insights, IT would prioritize developing similar or better capabilities.
In the past, turning that idea into a functional app would’ve meant weeks, if not months, of development time, countless meetings with IT, and a significant budget allocation. It’s not just a technological advancement; it’s a paradigm shift that’s democratizing innovation across industries.
To drive change, a reworking of what defines CIO/IT success is needed, with a focus on strategic business goals, innovation, and market differentiation. Of the top seven metrics, only two — innovation and profit growth — are directly tied to digital transformation goals. It’s a case of “you get what you measure.”
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.
The airliner, which competes against Qatar Airlines, is counting on agentic AI and the LLM to elevate its bookings and expand its share of the growing market, she said, adding that the six-month-old model has attracted 3 million visitors and has handled some bookings, but its value is far more strategic.
Some of the best use cases Ive seen have been in marketing, and thats just one area. According to experts and other survey findings, in addition to sales and marketing, other top use cases include productivity, software development, and customer service. We see about 60% of our developers using it on a day-to-day basis, he says.
Upskilling programs and focusing on the employee experience are also crucial for businesses looking to hold onto talent and drive innovative transformations, and recruitment for tech talent is much more effective when IT leaders are actively involved in the process. You have to be innovative,” adds Balbo.
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, and Ruth Porat, President and Chief Investment Officer of Alphabet and Google, Dubai meet in Dubai to reaffirm its commitment to positioning itself as a global hub for technology innovation.
The survey found that people are surprisingly knowledgeable and excited about AI and business leaders should understand and not underestimate consumers when developing and deploying AI-enabled solutions. In markets such as India, Brazil, and the United Arab Emirates, AI usage exceeds the levels in so-called mature markets.
To that end, Kristen Backeberg, Director of Global ISV Partner Marketing at AWS, and Val Henderson, President and CRO at Caylent, recently sat down to discuss maybe the most important consideration around adoption: How to tailor your generative AI strategy around clear goals that can drive your organization forward.
Assessments have emerged as an indispensable instrument in leadership development, serving as both a mirror that reveals areas of growth and a lens that illuminates hidden potential. This combined methodology paints a comprehensive picture of an individuals potential, allowing decision-makers to fine-tune development strategies.
In a global economy where innovators increasingly win big, too many enterprises are stymied by legacy application systems. This allows for a more informed and precise approach to application development, ensuring that modernised applications are robust and aligned with business needs.
For example, developers using GitHub Copilots code-generating capabilities have experienced a 26% increase in completed tasks , according to a report combining the results from studies by Microsoft, Accenture, and a large manufacturing company. These reinvention-ready organizations have 2.5 times higher revenue growth and 2.4
Generative AI (GenAI) can transform product development, driving unprecedented efficiency, accuracy, and insight. Its essential for organizations to aspire to lead in innovation and keep up with competitors. Its essential for organizations to aspire to lead in innovation and keep up with competitors.
Set for Tuesday 19 November, the CIO100 ASEAN Awards event will bring together the top senior technology executives and teams in Southeast Asia and Hong Kong driving innovation and influencing rapid change. Our Next CIO winner will be an individual who exceeds expectations while driving innovation through their organisation.
Lastly, voluntary frameworks have been proposed by many countries such as Singapore and Japan, to encourage AI innovation. The Law provides a set of frameworks that are as comprehensive as the EU AI Act, with the intention of balancing the need for innovative AI development with the need to safeguard society.
Skill mismatches ( 31% ) and inadequate training and development opportunities ( 29% ) underscore the demand for talent as well as the difficulty in finding candidates with the right skills. Organizations have adopted several strategies to acquire and develop talent, as illustrated in the bar chart below.
Bayer is currently introducing AI agents into product development, saving 6 hours per week, and Dow Chemical is introducing AI to delivery operations, with an expected cost savings of millions of dollars. AI-specific positions that companies are hiring for include AI trainers, agent developers, and data analysis experts.
The CDO’s mandate extends beyond mere technology implementation; it encompasses the development of comprehensive digital strategies and the cultivation of a culture that embraces continuous innovation. This includes fostering a culture that values innovation and agility. Prioritizing customer experience is crucial.
The answer informs how you integrate innovation into your operations and balance competing priorities to drive long-term success. And then, they start moving in that direction while staying flexible enough to adapt as the market evolves. Innovate and explore Use technology to drive better outcomes and future-proof our business.
For CIOs leading enterprise transformations, portfolio health isnt just an operational indicator its a real-time pulse on time-to-market and resilience in a digital-first economy. The traditional approach is failing Imagine being tasked with developing a rapidly growing metropolitan area.
Small language models (SLMs) are giving CIOs greater opportunities to develop specialized, business-specific AI applications that are less expensive to run than those reliant on general-purpose large language models (LLMs). Thats 100% accurate, says Patrick Buell, chief innovation officer at Hakkoda, an IBM company.
Against this backdrop, everyonehas an opinion on how to make AI more inclusive and ethical, as well as who should be responsible for the safety of its innumerable users.Safety and ethics are equally paramount considering the speed new models are built and brought to market, and the oversight needed to ensure models are fair, unbiased, and equitable.
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.
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. We’re an IT company that’s very integrated into the business in terms of applications, and we put innovation at the center.
At the Mobile World Congress (MWC) 2025, Huawei has positioned itself at the forefront of technological innovation, showcasing its latest advancements in 5G, artificial intelligence, and cloud computing. Huawei Cloud unveiled cutting-edge AI-native cloud services, reinforcing its commitment to intelligent transformation.
Uber no longer offers just rides and deliveries: It’s created a new division hiring out gig workers to help enterprises with some of their AI model development work. Its first customers include Aurora Innovation, which makes self-driving software for commercial trucks, and game developer Niantic, which is building a 3D map of the world.
Divestitures can also help companies zero in on their potential and market relevance, the blog authors note. The company used the sale to reduce debt and to focus on innovation in cloud, security, and AI markets, it said.
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