AI can help many types of businesses get more from their data. In 2021, one expert believes adoption of AI will take leaps forward
"TechRepublic's Karen Roby spoke with Ira Cohen, chief data scientist with Anodot, about the tools CIOs need to implement artificial intelligence (AI) at their companies. The following is an edited transcript of their conversation.
Karen Roby: As we're heading into 2021, CIOs need to have a checklist of some things to keep in mind when making decisions for this coming year, whether that be about hiring or projects to consider. Let's start with the talent that's needed at companies now, to pull off some of these AI projects. What do you think CIOs need to keep in mind?..."
2021 will usher in a new era of IT after a year defined by a global pandemic. IT specialists will need to consider cybersecurity, cloud computing, AI, 5G, and edge computing
"This strange, tumultuous year has led many businesses to reconsider their operations, procedures, and processes. What may have worked well in a pre-pandemic world no longer flows as seamlessly these days.
As we head into 2021, your information technology (IT) team and strategy, in particular, are probably at top of mind for you and your business. With most businesses largely continuing to operate remotely in the year ahead, at least until a Covid vaccine becomes widely available, IT will keep serving as the backbone of your business and allow you to carry on smoothly despite the disruption..."
Chief Information Officers and information technology management must prepare their investment strategies for 2021. In this episode of CXOTalk, Bill Briggs, Global Chief Technology Officer of Deloitte, presents CIO challenges and opportunities
"The conversation is based on the Deloitte Tech Trends 2021 report, which discusses IT planning and governance from both business and technology perspectives.
Bill Briggs is the global Chief Technology Officer for Deloitte Consulting, former global lead of Deloitte Digital, and a Director in the US technology practice. As CTO, Bill is responsible for helping to define the vision for Deloitte Consulting's technology services, identifying and communicating technology trends affecting clients' businesses, and shaping the strategy for Deloitte's emerging services and offerings..."
Here are four things that chief information officers can do right away to help build digital fluency for now and in the future across the workforce
"The nature of work is changing, and CIOs have a crucial role to play in ensuring that all workers have the skills they need.
For several years, we have been making the case that digital transformation should be an immediate priority. Most companies understood that digital is the future, but many still saw it as a medium-term issue - one that could be put off while they focused on more pressing issues..."
A successful transformation initiative can establish your position as a business leader, not just a technology guru - but first you have to sell it to your boss
"Selling a transformation project includes embracing technology while aligning it with company strategy to achieve company growth and success. So how should you go about selling your transformation project to your CEO and a peer group that may be resistant to change? The tips below will arm you with the kind of information you need to persuade your organization to adopt the transformation project..."
As organizations reevaluate their budgets to keep up with today's economy, experts provide tips on how they can effectively reduce IT costs
"Most IT departments are under pressure to reduce costs. However, the COVID-19 pandemic made it clear that failing to invest in the right technologies and tools can be costly. Businesses overwhelmed by the sudden demand for certain types of products had to scale up. Other companies had to reduce IT infrastructure costs and other expenses because their revenue fell off a cliff..."
"The pandemic has moved the discussion away from cost reduction to cost optimization," said Mike Kelly, CIO at Red Hat. "CIOs and CTOs don't want to be accused of not spending enough. They want to make sure that what they are spending is being used as effectively as possible."
We've compiled a list of seven IT cost optimization strategies CIOs can apply to any framework to help reduce costs within their organizations while still enabling business operations.
"Ever since the dot-com crash in 2001, business leaders have thought of IT departments as cost centers. As a result, the CIO's primary job is reducing costs -- "do more with less" has essentially become the mantra.
But 2001 was a generation ago. More recently, events like the COVID-19 pandemic highlighted the ways in which IT can serve as a business enabler. After all, without technology, it would have been impossible for companies to pivot so quickly to a remote workforce..."
The enterprise must level up to make room for tech-driven innovation and changing business models, according to a new Forrester report
"The constant and clearly obvious tech industry refrain is poised for change, and a just-updated report from Forrester, 'Connect Business And Technology Governance For A Future Fit Technology Strategy," reviews the critical importance for tech leaders to make changes in the existing tech governance "to serve as the platform for tech-driven innovation and changing business models - unlocking new business value across the enterprise and the ecosystem'..."
Leading technology companies have known about South Florida for years. So should you. The South Florida TechGateway is a public/private partnership to grow, attract and retain technology business, capital and talent
As the birthplace of the first IBM personal computer, and the first smartphone - Simon, and much more, South Florida is not only a gateway to Latin America, it is a Technology Gateway: TechGateway. The South Florida TechGateway regional public/private initiative tells the story of the long established tech hub here in the South Florida megaregion.
The South Florida TechGateway is one of the world's technology centers of excellence. We promote this powerhouse region as well as develop and attract globally-recognized talent, entrepreneurs, educators and capital investors.
Learn how this established tech hub with a healthy talent pool can power your company's growth. TechGateway can connect you with information and experiences from your tech leader peers here in South Florida.
TechGateway can also connect you with economic development and relocation resources throughout West Palm Beach, Fort Lauderdale, Miami - and everywhere in between.
The future is coming. Are you ready for it? According to Accenture, only 7% of organizations today have made the necessary investments in data science and AI to be considered 'future-ready,' and they will reap enormous rewards from the work they have put in (even with COVID-19
"But the good news is the system integrator sees a rising tide of all boats thanks to data and AI in the future.
In its new report, titled 'Fast Track to Future-Ready Performance,' Accenture surveyed 1,100 executives in 11 countries and 13 industries to gauge how their digital transformation journeys correlate with use of emerging technologies, like AI, analytics, cloud, blockchain, and robotic process automation (RPA)..."
After being bombarded at the start of the pandemic with new services and the need to securely connect remote staff, what comes next for CIOs?
"With the COVID-19 pandemic in its later stages, and some hope for a new form of normalcy by year's end, CIOs may be confronted with different questions than they dealt with when this mess all started. By now, most organizations are seasoned at operating remotely. The continued rollout of vaccines may mean it is time for CIOs to consider long-term plans on remaining fully remote, a hybrid approach, or moving back to strictly in-office operations. Advisors, consultants, and cloud solutions providers with Info-Tech Research Group, West Monroe, and Lunavi offered their perspectives on questions CIOs may face as towards the end of the pandemic..."
Many are satisfied with the current state of affairs, but extra budget is still expected.
"Most IT executives are quite satisfied with the way their organization manages cybersecurity risk, but nonetheless expect renewed investment this year.
This is according to a new report from access management firm OneLogin, based on a poll of 100 IT execs, which found that while 83 percent are satisfied with their company's risk management efforts, almost two thirds (61 percent) anticipate a budget increase before the end of H1 2021. For the most part, they expect a rise of anywhere between 11 and 15 percent..."
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