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Technology continues to advance at a furious pace. The bad news, however, is that IT system modernization requires significant financial and time investments. There are multiple examples of organizations driving home a first-mover advantage by adopting and embracing technology modernization when the opportunity presents itself early.”
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A new area of digital transformation is under way in IT, say IT executives charged with unifying their tech strategy in 2025. Adopting emerging technology to deliver business value is a top priority for CIOs, according to a recent report from Deloitte. But that will change. “As
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Security researchers are warning of a significant global rise in Chinese cyber espionage activity against organizations in every industry. Locksmith Panda seems more focused on Indonesia, Taiwan, and Hong Kong, with targeting that is more broad, extending to technology, gaming, and energy companies, as well as democracy activists.
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On December 11, 2024, OpenAI services experienced significant downtime due to an issue stemming from a new telemetry service deployment. This incident impacted API, ChatGPT, and Sora services, resulting in service disruptions that lasted for several hours.
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Most CIOs and CTOs are bullish on agentic AI, believing the emerging technology will soon become essential to their enterprises, but lower-level IT pros who will be tasked with implementing agents have serious doubts. Other AI experts have warned organizations about building AI agents without outside help.
These reinvention-ready organizations have 2.5 Set clear, measurable metrics around what you want to improve with generative AI, including the pain points and the opportunities, says Shaown Nandi, director of technology at AWS. times higher revenue growth and 2.4
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The cost of downtime: More than you think Downtime can cost an organization an average of $129,300 per hour. IDCs June 2024 Future Enterprise Resiliency and Spending Survey, Wave 6 , found that approximately 33% of organizations experienced system or data access disruption for one week or more due to ransomware.
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Despite the huge promise surrounding AI, many organizations are finding their implementations are not delivering as hoped. According to PwC, organizations can experience incremental value at scale through AI, with 20% to 30% gains in productivity, speed to market, and revenue, on top of big leaps such as new business models. [2]
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Verisk (Nasdaq: VRSK) is a leading strategic data analytics and technology partner to the global insurance industry, empowering clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud, and make informed decisions about global risks.
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We’re also digitalizing the entire process so customers can see data specs and technical sheets, order intake and samples, and track. Some are large, spread over more than two square miles, and they run on manual processes that require significant time on data entry and data collection across several non-integrated systems.
Artificial Intelligence (AI), a term once relegated to science fiction, is now driving an unprecedented revolution in business technology. The Nutanix State of Enterprise AI Report highlights AI adoption, challenges, and the future of this transformative technology. Nutanix commissioned U.K.
Gartner’s top predictions for 2025 are as follows: Through 2026, 20% of organizations will use AI to flatten their organizational structure, eliminating more than half of current middle management positions. Before we reach the point where humans can no longer keep up, we must embrace how much better AI can make us.”
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