While regulations are created to protect consumers and markets, they’re often complex, making them costly and challenging to adhere to. Highly regulated industries like Financial Services and Life Sciences have to absorb the most significant compliance costs. Deloitte estimates that compliance costs for banks have increased by 60% since the financial crisis of 2008, and…
Anyone who’s involved in the creation of software products should be well familiar with DevOps, a set of practices that combines software development and IT operations, with the goal of shortening the development lifecycle and providing continuous delivery and high-quality products. A related concept, CloudOps, for “cloud operations,” has emerged as enterprises increasingly move application…
Cloud is becoming an increasing popular option for organisations to store data to power data analytics and business intelligence functions: data that is growing rapidly in volume and variety. However migrating data to the cloud and managing it in the cloud creates multiple challenges. This has given rise to a new discipline in enterprise IT:…
Data has always been fundamental to business, but as organisations continue to move to Cloud based environments coupled with advances in technology like streaming and real-time analytics, building a data driven business is one of the keys to success. There are many attributes a data-driven organisation possesses. Deloitte lists these as: Creating and shaping a common data…
To support real-time decision-making organisations need real-time data, in huge volumes. This data comes in many formats from multiple sources and multiple devices and may be stored in multiple silos. Individual business units might leverage the power of shadow IT: storing, analysing and gaining insights from their data, beyond visibility of and management by IT…
Today’s CIOs and IT leaders are increasingly being asked to balance three key priorities in their enterprises: transform digitally to scale faster and find new revenue sources; achieve operational excellence by reducing costs; and enhance the employee and customer experience by increasing satisfaction to grow revenue. In the recent State of the CIO 2022 research,…
Rahul Shinde, CIO of Coca-Cola Vietnam, joins James Henderson for CIO Leadership Live in ASEAN, produced by CIO.com and Foundry. Rahul highlights how the future of work is changing in Vietnam and the knock-on impact on employee requirements, in addition to articulating the value of automation in a post-pandemic world. Watch this episode: #id628c3ae27907b .jw-wrapper::before…
Enterprises moving their artificial intelligence projects into full scale development are discovering escalating costs based on initial infrastructure choices. Many companies whose AI model training infrastructure is not proximal to their data lake incur steeper costs as the data sets grow larger and AI models become more complex. The reality is that the cloud is…
The traditional approach for artificial intelligence (AI) and deep learning projects has been to deploy them in the cloud. Because it’s common for enterprise software development to leverage cloud environments, many IT groups assume that this infrastructure approach will succeed as well for AI model training. For many nascent AI projects in the prototyping and…
As more companies deploy artificial intelligence (AI) initiatives to help transform their businesses, key areas where projects can go off the rails are becoming clear. Many problems can be avoided with some advanced planning, but several hidden obstacles exist that companies don’t often see until it’s too late. With a need for speed, organizations must…