The construction industry was one of the first affected by Sweden’s recent economic deterioration, and housing construction has also slowed down over the past year. “We notice the macroeconomic effects with both cost inflation and higher interest rates,” says Peab group CIO Klas Antoni. “That means we generally have an increased cost focus now and are…
Generative artificial intelligence (GenAI) tools such as Azure OpenAI have been drawing attention in recent months, and there is widespread consensus that these technologies can significantly transform the retail industry. The most well-known GenAI application is ChatGPT, an AI agent that can generate a human-like conversational response to a query. Other well-known GenAI applications can…
The uncertain economic environment and rapidly evolving technology landscape have pressured organizations to improve efficiency, innovate, and adapt. Citizen developers have emerged as an approach to bridge the gap between technical expertise and domain knowledge. Those self-taught deeply understand their industry’s needs and pain points, enabling them to create tailored applications that address specific challenges.…
ERP software provider SAP on Tuesday said it is partnering with IBM to infuse the latter’s Watson artificial intelligence (AI) engine across its entire solutions portfolio, including SAP S/4 HANA, S/4 HANA Cloud, SAP Business One, and SAP Business ByDesign. The move, which is expected to help SAP exploit natural language processing (NLP) abilities of…
With an ambitious 2030 sustainability agenda for its business as a whole, HP wanted to ensure its IT operations supported that larger goal. The company looked at its workforce of 70,000+ employees—and even more devices—and deployed a future-minded approach to managing its PC fleet. To reach sustainable impact goals in its own internal products, processes,…
Despite the best of intentions, CIOs and their organizations often struggle to deliver business outcomes from digital transformation strategies. According to research firm Gartner, 89% of corporate boards say digital is embedded in all business growth strategies, but only 35% of organizations are on track to achieve digital transformation goals. And while KPMG reports that…
The make-versus-buy decision at the heart of any outsourcing proposition is not as black-and-white as many IT leaders think. Keeping IT work insourced versus contracting with a partner organization no longer needs to be a yes or no decision. Over the past two decades, progressive sourcing models have emerged to enable companies to work more…
Recently, we visited with several dozen CIOs and IT leaders across all industries to learn more about the challenges they are experiencing in their current transformation initiatives. The focus of our discussions was on promoting and enabling digitally driven outcomes and quicker business decisions. The conversations reminded everyone that there isn’t a one-size-fits-all approach to the journey…
Despite economic uncertainty, the 2023 State of the CIO survey from Foundry reports that the vast majority of CIOs (91%) expect to maintain or increase their tech budget this year. The technologies driving these investments include data analytics, AI, and other means to improve the customer experience, as enterprises seek to drive new revenue to…
As more people get comfortable buying big ticket Items like cars on the internet, Volkswagen Financial Services South Africa (VWFS SA) knew it needed to simplify the entire process. CIO Wilma Crosson was in charge of making this happen. Improving its direct sales channel demanded that they come up with a way to, first of…