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But the entire process will need to be reinvented in order to make full use of the technology, says Monteiro. Theres too much attention on AI for code development, which is actually just a fraction of the whole software development process. That could happen in an automated way, with the vendors agent talking to the customers agent.
But despite such challenges, CIOs say they’re meeting them head on. But strategically important digital transformations should be protected “because they set you up over time and create more flexibility and adaptability,” says Andrew Blau, MD and US leader, eminence and insights, at Deloitte Consulting. Here’s how.
Be strategic with reserve pricing Reserve pricing for cloud services can reduce resource usage costs by as much as 70%, says David McKee, who in his role as fractionalCTO, tech founder, and digital twins thought leader at Counterpoint Technologies acts as a part-time CTO for nine companies in the US and Europe.
For the more specialized IT needs, there just aren’t enough people to meet the demand,” says Michael Manos, CTO of Dun & Bradstreet. But CIOs are also working with niche consultancies and startups for skills in areas such as cybersecurity, AI, cloud, analytics, and DevOps. Double down on vendormanagement.
Solution Josh had a longstanding familiarity with Honeycomb and had previously engaged with Honeycomb’s CTO, Charity Majors, in discussions about their shared philosophy regarding modern observability. From a vendormanagement standpoint, I couldn’t ask for a better model of involvement, assistance, guidance, and available resources.
Earlier this year, video conferencing vendor Zoom added generative AI capabilities, including automated meeting summaries. There are now more than 200 foundation models, says Lian Jye Su, chief analyst for applied intelligence at tech consultancy Omdia. This isn’t just a theoretical concern.
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