Wed.Jun 12, 2024

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Making an AI Investment: How Finance Institutions are Harnessing the Power of AI and Generative AI

Cloudera

Of all of the emerging tech of the last two decades, artificial intelligence (AI) is tipping the hype scale, causing organizations from all industries to rethink their digital transformation initiatives asking where it fits in. In Financial Services, the projected numbers are staggering. According to a recent McKinsey & Co. article , “The McKinsey Global Institute (MGI) estimates that across the global banking sector, [Generative AI] could add between $200 billion and $340 billion in value a

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Gen AI can be the answer to your data problems — but not all of them

CIO

There are currently 143 million people waiting for surgeries in lower income countries. And there are organizations ready to bring in doctors and resources — but there’s an information gap between the two, says Joan LaRovere, associate chief medical officer at Boston Children’s Hospital, a professor at Harvard medical School, and co-founder of the Virtue Foundation, an NGO dedicated to solving this information problem.

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ECS Auto Scaling

Xebia

When I first started using AWS ECS, I was a bit confused about how to scale the service. I thought (and hoped) it was one simple setting, but it turned out to be a bit more complicated and requires various settings to be configured. This article summarizes the settings needed to enable auto-scaling for an ECS service. Settings to enable The following settings should be enabled to allow ECS to scale the service: ‘EC2 Instance scale-in protection’ on the EC2 Auto Scaling group –

AWS 130
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Kyndryl reportedly in talks to buy DXC Technology

CIO

Managed infrastructure services provider Kyndryl is considering a bid for competitor DXC Technology, Reuters reported Monday, citing people familiar with the matter. It said that Kyndryl is discussing the bid with private equity fund Apollo Global, and that they could offer between $22 and $25 per share to buy DXC, prompting the DXC share price to rise from around $16 when the markets opened Monday morning to nearer $19 at close on Wednesday.

Report 317
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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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3 Ways to Compassionately Hold Your Team Accountable

Harvard Business Review

Why are some teams more successful than others when it comes to meeting deadlines, hitting targets, and growing revenues? Researchers at the NeuroLeadership Institute looked at the cognitive processes associated with leaders who cultivate accountability on their teams. They identified three distinct habits practiced by these leaders: They think ahead, obsess about commitments, and anchor on solutions.

Research 142

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How Gen AI Can Make Work More Fulfilling

Harvard Business Review

Research by BCG shows that workers who spend too many hours on tasks they dislike (“toil”) are at risk for quitting, and employees who spend sufficient time on work that creates joy are less of a flight risk. A study of the consulting firm’s administrative employees demonstrates how they can use AI to reduce time spent on toil and increase time on joy-creating tasks.

Study 141
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UK Power Networks gets smart about cloud transformation

CIO

For some organizations, shifting to the cloud has been a relatively quick race toward highly publicized benefits, such as scalability. For others, such as UK Power Networks, a more methodical and protracted journey has proved to be the best approach. The London-based energy distributor and system operator is close to completing a major migration to a hybrid cloud infrastructure that will serve roughly one third of all residents and businesses in the United Kingdom.

Network 289
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Microsoft, Nvidia Lead In Investing In AI Startups, But Others Close Behind

Crunchbase News

Just last week it was reported chip giant Nvidia , Salesforce Ventures 1 and Cisco all participated in a $450 million investment for Toronto-based AI startup Cohere. That same day, Cisco and its investment arm — Cisco Investments — made news when it launched a $1 billion AI investment fund. Those noteworthy machinations by some of the biggest names in tech are just the latest examples of these corporate giants’ desires to at best be leaders in the generative AI sector — and at worst not fall be

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IBM-HashiCorp: Shareholder lawsuit seeks to derail $6.4 billion acquisition

CIO

IBM’s planned $6.4 billion acquisition of HashiCorp has run into an unexpected obstacle: a Hashicorp shareholder has filed a lawsuit in a US Federal court seeking to block the deal. The complaint, filed by HashiCorp shareholder Michelle Graff, accuses the company’s board of directors of breaching their fiduciary duty by favoring their own financial gains over those of public stockholders.

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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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Face Your Fear of Becoming Obsolete

Harvard Business Review

Professionals across the career spectrum have moments where they fear they’re already obsolete, or becoming so. Different than the occasional bout of self-doubt, fearing obsolescence means we fundamentally question our professional significance. When we over-indulge the fear, it creates cognitive distortions of ourselves, others, and our environment that can bring us to the worst versions of ourselves.

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How Modern Farming (Group) Co., Ltd is revolutionizing dairy farming

CIO

Established in 2005, Modern Farming (Group) Co., Ltd continues to expand its enterprise across the country and industry chain, acquiring numerous subsidiaries and business units. Until recently, many acquired groups operated with rudimentary management systems. Those independent processes impacted the efficiency and cost-effectiveness of Modern Farming as a whole, especially in cost and supply chain management.

Groups 277
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Splunk Adds Data Management and AI Tools to Observability Portfolio

DevOps.com

Recent adoption shows that AI tools enable more applications at scale. However, the application environment is going to be that much more complex as the number of dependencies between applications and services increases.

Tools 130
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Destination Earth: los primeros modelos del gemelo digital de la Tierra ven la luz

CIO

Destination Earth (DestinE) fue alumbrado en 2022, al abrigo de la Comisión Europea y en estrecha colaboración con el Centro Europeo de Predicción Meteorológica a Medio Plazo (ECMWF), la Agencia Espacial Europea (ESA) y la Organización Europea para la Explotación de Satélites Meteorológicos (EUMETSAT). El propósito de esta ambiciosa iniciativa no era otro que combatir el cambio climático a través de la tecnología y aumentar la competitividad de Europa en una lucha vital.

Data 275
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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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Cybersecurity Regulation Harmonization Need to Be Done Correctly, Not Quickly

Ooda Loop

There is no doubt that regulation harmonization is much needed especially given the amount of cyber regulation being developed or already on the books, and how it’s being enforced.

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Roca Group mira hacia el futuro con RISE with SAP

CIO

Con el firme propósito de dar un paso en firme en su plan de transformación digital, Roca Group ha optado por apoyarse en la solución empresarial SAP S/4HANA y, en concreto, en el servicio gestionado en la nube RISE with SAP. De esta forma la compañía de sanitarios y diseño de baño avanza en sus esfuerzos por integrar y estandarizar sus sistemas de TI.

Groups 257
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Pulumi Adds Generative AI CoPilot to Manage Cloud Infrastructure

DevOps.com

Using Generative AI assistants, instead of requiring a small army of software engineers, a smaller team will be able to manage applications at a level of scale previously unimagined.

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OpenAI se sube a la nube de Oracle para extender la plataforma Microsoft Azure

CIO

OpenAI se alía con Oracle y Microsoft con el fin de adquirir nuevas capacidades. De hecho, los tres gigantes tecnológicos trabajan codo con codo para extender la plataforma de Microsoft Azure AI a Oracle Cloud Infrastructure (OCI) para proporcionar una capacidad adicional al buque insignia de Sam Altman. En este sentido cabe recordar que OpenAI es la empresa de investigación y desarrollo de inteligencia artificial (IA) detrás de ChatGPT, el popular chatbot que ha redefinido el paradigma tecnológ

Azure 256
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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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Build a custom UI for Amazon Q Business

AWS Machine Learning - AI

Amazon Q is a new generative artificial intelligence (AI)-powered assistant designed for work that can be tailored to your business. Amazon Q can help you get fast, relevant answers to pressing questions, solve problems, generate content, and take actions using the data and expertise found in your company’s information repositories and enterprise systems.

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Universe, un viaje galáctico al corazón de la innovación como entrega de valor añadido

CIO

Securitas, la multinacional de origen sueco entregada en cuerpo y alma a hacer de este un mundo más seguro, se aleja de la concepción tradicional de empresa de vigilancia. Se apoya para ello en la tecnología de vanguardia –inteligencia artificial y sensórica, entre otras- con la ambición de alzarse como un referente en el sector de servicios de seguridad B2B ( Business to business ).

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Ransomware Attackers May Have Used Privilege Escalation Vulnerability as Zero-day

Symantec

Some evidence to suggest that attackers linked to Black Basta compiled CVE-2024-26169 exploit prior to patching.

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Los CIO ayudan a definir la agenda de formación en IA de los empleados

CIO

Los directores de sistemas de información (CIO, por sus siglas en inglés) están presionados a la hora de lograr que la inteligencia artificial (IA) aporte valor, pero seguir adelante con la implantación de la IA sin la formación necesaria del personal es la receta para el fracaso de los objetivos. A nivel organizativo, se pide a los CIO que ayuden a garantizar que los empleados estén al día de las habilidades necesarias para cumplir la promesa de la IA.

Industry 253
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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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Transforming Revenue Leadership: N2Growth’s CRO Search Expertise

N2Growth Blog

The Role of a Chief Revenue Officer The Chief Revenue Officer, commonly abbreviated as CRO, is an executive position pivotal in driving the financial growth of an organization. The CRO’s function operates at a strategic level, involving the creation, coordination, and execution of plans designed to enhance revenue growth. They bridge the gap between different departments, such as sales, marketing, and customer service, ensuring a harmonized approach toward fulfilling revenue objectives.

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Impulsar el ‘rebranding’ de TI para una misión modernizada

CIO

Un artículo de Harvard Business Review de 1958 acuñó el término tecnología de la información, centrando su definición en el procesamiento rápido de grandes cantidades de información, el uso de métodos estadísticos y matemáticos en la toma de decisiones y la simulación del pensamiento de orden superior a través de aplicaciones. Esa definición se adelantó mucho a su tiempo y predijo las capacidades de aprendizaje automático y de inteligencia artificial (IA) generativa de la era actual.

Culture 228
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Cloud Migration: Security Shines a Light on Operations’ Dark Networks

Ivanti

Dark networks have provided a measure of security to supply-chain operations for a couple of decades. These networks are closed to the outside world, only accessible via the connections between enterprise systems – think warehouse management, enterprise resource planning, etc. – and the rugged mobile devices carried by workers within these environments.

Network 105
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How PEXA balances tech to benefit teams and the digital journey

CIO

As a B2B organization, PEXA may not be very well known by the public, working with banking, conveyancers, and government, but it’s been quietly professionalizing property transaction markets in Australia for about 14 years. It was established to solve the problem of how to digitalize conveyancing, or transferring property titles, with financial settlements at the center.

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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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Breaking the Mold: Innovative Succession Planning for Non-Traditional Roles

N2Growth Blog

Understanding the Importance of Succession Planning In today’s corporate environment, succession planning is often undervalued despite its crucial role in ensuring an enterprise’s sustained growth and continuity. When senior-level personnel depart due to retirement, unforeseen circumstances, or new opportunities, they leave behind a challenging and time-consuming gap to fill.

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Achieving CIOs’ top investment priorities requires filling the tech skills gap

CIO

C-suites expect big things from IT in 2024, and they’re investing additional money to realize their technological goals. In the Foundry “State of the CIO Study 2024,” more than half (54%) of the surveyed CIOs said their budget would grow this year and only 11% said they would shrink. CIOs believe that the top three tech initiatives driving these increased IT investments will be security and risk management (45%), artificial intelligence (AI) and machine learning (44%), and business process and I

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Succession Planning: Sustaining Organizational Culture through Leadership Transitions

N2Growth Blog

Understanding the Link between Leadership Transition and Organizational Culture Leadership transition inevitably influences organizational culture. Leadership changes usually introduce new perspectives, distinct management styles, and different strategies, all of which can change an organization’s established norms, values, and behaviors. These changes lead to shifts in the overall internal environment, which we recognize as the organization’s culture.

Culture 88