Atos, struggling to restructure its business operations, has presented its financials for the first half of 2024. The ailing French IT services provider recorded an operating loss of €1.7 billion (about $1.8 billion)in the first six months of the year, compared to a loss of €434 million a year earlier; Its net loss for the…
In the wake of the widespread outage caused by a defective update to CrowdStrike’s Falcon cybersecurity platform, Delta Airlines is among the first enterprises to come forward to demand compensation from CrowdStrike and Microsoft for the enormous losses caused by the interruption of its flights during the failure. Delta, which was the airline most impacted…
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Today’s CIOs face unprecedented challenges in modernizing their data centers to accommodate the rapidly rising demands on their infrastructures—while also facing increasingly constrained budgets. Generative AI (genAI) burst onto the scene in November 2022 with the release of ChatGPT, surprising almost everyone in the industry with its capabilities, and suddenly every CEO and board of…
It’s not surprising that the primary focus of most of the CIO roundtables I am part of these days is getting AI apps planned, built, and deployed. But more recently, executive management has asked IT to justify these projects by documenting the benefits and value to the business. Gone are the days when you could…
AI regulation in the European Union is getting serious. The text of the EU AI Act was published in the Official Journal of the EU on July 12, 2024, and the set of rules around the development and use of AI tools officially entered force at the beginning of August. The measures take effect in…
A $4 billion tax dispute faced by Infosys for involving an overseas team in a project delivered from India could have significant ramifications for the IT services delivered from India. If upheld, this tax notice could lead to increased costs for companies like Infosys, potentially impacting their profitability and financial planning. Higher compliance costs and…
What do Taylor Swift, an NBA Champ, and the flash-sale website BrandAlley have in common? They all have loads of adoring fans. Luxury brand goods is a $387 billiob market, but during challenging economic times, consumers are not as likely to put their money where their love of labels is. We’ve all been tempted to…
A medida que surgen estimaciones desorbitadas sobre el coste que supondrá para las empresas hacer frente a las secuelas de las interrupciones inducidas por CrowdStrike la semana pasada, es crucial desglosar las fuentes de estos gastos y comprender qué parte de la carga financiera será absorbida por los ciberseguros. Parametrix, conocida por sus soluciones de…
CIOs face the challenging task of balancing various priorities to align their digital infrastructure with business goals. Looking ahead to the next 12-18 months, two top priorities emerge for IT leaders: developing a strong business case for AI infrastructure spending (cited by 35% of respondents to IDC’s Future Enterprise Resiliency and Spending Survey, Wave 3,…