Tue.Jul 23, 2024

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5 IT risks CIOs should be paranoid about

CIO

As a digital transformation leader and former CIO, I carry a healthy dose of paranoia. Call it survival instincts: Risks that can disrupt an organization from staying true to its mission and accomplishing its goals must constantly be surfaced, assessed, and either mitigated or managed. Is the organization transforming fast enough? Are stakeholders struggling or unhappy?

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U.S. Commercial Real Estate Is Headed Toward a Crisis

Harvard Business Review

The risks of U.S. commercial banks being overexposed to commercial real estate (CRE) have intensified as the global pandemic upended long-held economic assumptions of perpetually subdued inflation, low interest rates, and in-office work. An analysis from The Conference Board suggests that in the next two years, more than $1 trillion in CRE loans will come due, and an increasing number of banks, mostly regional and community banks, risk having insufficient capital cushions.

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CrowdStrike failure: What you need to know

CIO

Cybersecurity vendor CrowdStrike initiated a series of computer system outages across the world on Friday, July 19, disrupting nearly every industry and sowing chaos at airports, financial institutions, and healthcare systems, among others. At issue was a flawed update to CrowdStrike Falcon, the company’s popular endpoint detection and response (EDR) platform, which crashed Windows machines and sent them into an endless reboot cycle, taking down servers and rendering ‘blue screens of death’ on d

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Avoid These 3 Pitfalls When Giving a Sales Presentation

Harvard Business Review

A study examined the habits of almost 5,000 sales professionals whose livelihoods depend on their ability to build and deliver persuasive presentations. The findings revealed 12 common mistakes that were consistently self-reported among respondents. Here are the top three to avoid when giving a sales presentation: being overly informative vs. persuasive, failing to close, and “winging it.

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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SAP Q2 results reveal large orgs now firmly on the path to AI

CIO

There are not many organizations that can take a hit on net profit due to monstrous restructuring costs, yet at the same time raise their operating profit projections for 2025, but SAP is one of them, according to its latest quarterly results released this week. The move to an all-in AI strategy appears to be paying off, with SAP CEO Christian Klein telling financial analysts on a recent earnings call that “AI had a direct impact on our bookings.

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Proposed labor laws spark concerns in Bangalore, India’s tech hub

CIO

The state of Karnataka — home to India’s tech hub Bangalore — is facing pushback over proposals affecting the private sector, including a contentious plan to control the hiring of people from other Indian states. Last week, the state government said it would enforce up to 100% reservation for state natives in private-sector jobs. Following widespread outrage on social media, officials temporarily paused the plan.

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H2 Forecast: Who’s Next To IPO?

Crunchbase News

Last year right around this time there were rumblings of the slumbering IPO market finally reawakening. It kinda did with a few big names like Arm Holdings and Instacart testing the waters, but more hope was held out for the first half of this year. However, the IPO window so far in 2024, while slightly ajar, certainly has not seen the barrage of long-private, venture-backed companies go public many expected.

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CIOs must beware committing ‘AI washing’ themselves

CIO

The IT industry has a long history of vendors exaggerating the functionality of their products, and it’s certainly happening in the current AI hype cycle. Now, even user companies appear to be overstating their AI capabilities, potentially leading to major headaches. IT leaders at organizations considering AI are under major pressure — from boards, other executives, and the market itself — to roll out major AI initiatives.

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Daggerfly: Espionage Group Makes Major Update to Toolset

Symantec

APT group appears to be using a shared framework to create Windows, Linux, macOS, and Android threats.

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Prepare Now: 2025s Must-Know Trends For Product And Data Leaders

Speaker: Jay Allardyce, Deepak Vittal, and Terrence Sheflin

As we look ahead to 2025, business intelligence and data analytics are set to play pivotal roles in shaping success. Organizations are already starting to face a host of transformative trends as the year comes to a close, including the integration of AI in data analytics, an increased emphasis on real-time data insights, and the growing importance of user experience in BI solutions.

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Navigating genAI responsibly: 3 actions CIOs can take now

CIO

Generative AI (genAI) will drive transformation across industries in the coming year. Leaders have a profound responsibility not only to harness AI’s potential but also to navigate its ethical complexities with foresight, diligence, and transparency. I have the opportunity to speak with CIOs and others at the forefront of AI very frequently via my podcast Inspired Execution.

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Legal Tech Startup Clio Raises Whopping $900M At $3B Valuation

Crunchbase News

It’s been a big week so far for Canadian startups. A day after Toronto-based Cohere raised a $500 million Series D at a $5.5 billion valuation, Vancouver-based legal tools platform Clio locked up a $900 million Series F at a $3 billion valuation. The new round was led by New Enterprise Associates and included new investors Goldman Sachs Asset Management , Sixth Street Growth , CapitalG and Tidemark.

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Data and gen AI: Keys to Air Europa’s digital strategy

CIO

Gen AI has become a priority tool across all industries for all types of companies, where up to 40% have a budget or related gen AI initiatives, and 30% believe this technology is disruptive to the business, according to recent data from IDC. But it’s still early days since ChatGPT burst on the scene in 2022. So large corporations are still being put to the test with their implementing processes.

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The True Cost of Neglecting Quality Assurance: Lessons from Recent Tech Failures

Perficient

The Importance of Quality Assurance in Software Development The pressure to deliver software quickly and cost-effectively is among the highest priorities of business leaders. However, recent high-profile tech failures serve as stark reminders of the critical importance of robust Quality Assurance (QA) practices. As a leader in digital consulting, we recognize that cutting corners on testing can lead to far-reaching consequences that extend well beyond temporary service disruptions.

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2024 Salary Guide

Procom’s 2024 Salary Guide provides critical insights into the latest hiring trends, in-demand IT roles, and competitive pay rates across Canada and the U.S. It highlights key market dynamics such as the growing demand for remote work, skills-based hiring, and flexible staffing solutions. With detailed pay rate data for top IT positions like Cybersecurity Consultants, Cloud Engineers, and Salesforce Developers, this guide is an essential resource for companies looking to stay competitive in toda

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Pautas para arrancar con éxito un programa de transformación

CIO

Al iniciar un programa de transformación, cuando la organización y el equipo que lo gestiona están centrados en los grandes proyectos de la iniciativa, se suelen descuidar algunos aspectos esenciales para el éxito futuro de esta acción. Y, como en todo, un buen comienzo ayuda a garantizar un gran final. Los siguientes ejemplos reflejan algunas experiencias que suelen suceder en los primeros 30 días desde que se estrena el plan.

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Microsoft Copilot vs. Copilot Pro: Is the subscription fee worth it?

Dion Hinchcliffe's Web 2.0 Blog

Offering priority access and AI smarts across Microsoft 365, Copilot Pro runs $20 per month. Is the extra bang worth the buck? That depends on your needs. Here's what to consider.

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El incidente de CrowdStrike lleva a los CIO a replantearse sus estrategias en la nube

CIO

La perturbación generalizada causada por el reciente fallo del software CrowdStrike, que provocó una interrupción mundial de los sistemas Windows , ha conmocionado a la comunidad informática. Para los CIO, el suceso es un duro recordatorio de los riesgos inherentes a la dependencia excesiva de un único proveedor, especialmente en la nube. El incidente, en el que los sistemas informáticos se bloqueaban y mostraban la infame ‘Pantalla Azul de la Muerte’, puso de manifiesto las vulnerabilidades de

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Copilot Pro vs. ChatGPT Plus: Which AI chatbot is worth your $20 a month?

Dion Hinchcliffe's Web 2.0 Blog

These Microsoft and OpenAI subscriptions cost the same, so which AI tool do you choose? That depends on the features most important to you. Let's review your options.

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Launching LLM-Based Products: From Concept to Cash in 90 Days

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. In this exclusive webinar, Christophe will cover key aspects of his journey, including: LLM Development & Quick Wins 🤖 Understand how LLMs differ from traditional software, identifying opportunities for rapid development and deployment.

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Oracle’s $115 million privacy settlement could change industry data collection methods

CIO

Oracle on July 18 agreed to pay some of its customers a total of $115 million to settle accusations of violating users’ privacy contrary to federal statutes as well as the law in California and Florida. Plaintiffs had argued that Oracle was facing far greater financial penalties (“likely more than a billion dollars”) had the case gone to trial. The agreement, which has to be approved by Judge Richard Seeborg on August 8, also requires Oracle to “not capture certain complained-of electronic commu

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How Disney and Marvel designed a Vision Pro multiverse with you as its hero

Dion Hinchcliffe's Web 2.0 Blog

Marvel Studios' Dave Bushore and ILM's My-Linh Le discuss the intricate process of bringing 'What.If?' to life in a groundbreaking VR format.

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Strengthening Cybersecurity in Healthcare

Palo Alto Networks

A Collaborative Approach Between Accenture and Palo Alto Networks To improve patient outcomes and experiences, today’s healthcare organizations are increasingly adopting innovative technologies, such as AI, Cloud, and IoT. While beneficial, these technologies increase risk by expanding the attack surface. Protecting the sensitive data at the heart of modern healthcare operations requires a robust cybersecurity strategy.

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Should Your Company Build an Open or Closed Ecosystem?

Harvard Business Review

Four research-backed principles to help you determine what’s right for your company.

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An Architect’s Guide for Selecting Scalable, Data-Layer Technologies

There’s no getting around it: selecting the right foundational data-layer components is crucial for long-term application success. That’s why we developed this white paper to give you insights into four key open-source technologies – Apache Cassandra®, Apache Kafka®, Apache Spark™, and OpenSearch® – and how to leverage them for lasting success. Discover everything you’ll want to know about scalable, data-layer technologies: Learn when to choose these technologies and when to avoid them Explore h

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Amazon revamps Prime Video to help you navigate your content and subscriptions

Dion Hinchcliffe's Web 2.0 Blog

Amazon wants to more clearly guide you to the right TV shows and movies on Prime Video and across add-on subscriptions.

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Cross-Platform Integration: Enabling Seamless Workflow Between AI, Microservices, and Azure Cloud

Dzone - DevOps

Importance of Cross-Platform Integration in Modern IT Architectures As digital transformation continues to accelerate, the demand for integrating various technological platforms is also increasing at a rapid pace. In today’s digital world organizations execute their operations in complex environments where multiple technologies need to work together seamlessly.

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Tenable’s Software Update Process Protects Customers’ Business Continuity with a Safe, Do-No-Harm Design

Tenable

With the unprecedented tech outages experienced by so many of our customers over the last week, we recognize the need for deeper understanding of our software development processes and how they support global business continuity. In this blog post, we’ll outline how Tenable’s comprehensive approach to the software development lifecycle (SDLC) allows us to produce extremely high-quality software and protect our customers’ business operations with a secure, do-no-harm approach.

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The best 50-inch TVs of 2024: Expert recommended

Dion Hinchcliffe's Web 2.0 Blog

Have a smaller home theater or looking for a second TV for your bedroom? We tested some of the best 50-inch TVs from Samsung, LG, and more to help you find the best fit for your budget and entertainment needs.

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IT Leadership Agrees AI is Here, but Now What?

IT leaders are experiencing rapid evolution in AI amid sustained investment uncertainty. As AI evolves, enhanced cybersecurity and hiring challenges grow. This whitepaper offers real strategies to manage risks and position your organization for success.

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Transforming the Workplace for People with Disabilities

Harvard Business Review

How should entrepreneur Nadine Vogel scale her consulting firm to best serve her clients and make work better for people with disabilities?

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Change this Android setting to instantly give your phone twice the speed

Dion Hinchcliffe's Web 2.0 Blog

A few taps and a swipe are all it takes to make any Android phone run in double time.

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Accelerate your data streaming journey with the latest in Confluent Cloud

Confluent

CC 2024 Q2 adds Flink Private Networking (AWS), Flink SQL Interactive Tables; Enterprise:Connect w/Confluent, Connector Custom Offsets; SI: Build w/Confluent, etc.

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