CFOtech India - Technology news for CFOs & financial decision-makers

AI Adoption stories - Page 6

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AI implementation in IT: professionals voice concerns
Thu, 13th Jun 2024
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multi-cloud
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aiops
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data privacy
A SolarWinds report shows only 43% of IT professionals believe their databases are AI-ready, with data quality and security concerns as major hurdles.
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State of Engineering Management Report reveals key trends
Thu, 13th Jun 2024
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partner programmes
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ai
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productivity
Jellyfish's 2024 State of Engineering Management Report reveals engineers now seen as strategic partners, with 90% influencing business strategy.
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AI adoption grows despite challenges in Australian businesses
Thu, 13th Jun 2024
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genai
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ai
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ai agents
A new report by Pegasystems reveals that 96% of Australian businesses are adopting AI, yet only a mere 4% feel adequately prepared for its seamless integration.
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Preparing for a new AI-driven era in software development
Tue, 11th Jun 2024
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it training
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devops
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data analytics
As AI adoption expands in Australia, 68% of businesses are already using AI while 23% plan to in the next year. Ethical and strategic AI integration is essential.
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Generative AI driving surge in business AI adoption, study finds
Tue, 11th Jun 2024
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data analytics
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genai
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ai
Pegasystems reveals new research showing creative generative AI is driving the adoption of analytical AI decisioning tools among global enterprises.
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Finance professionals lead in AI adoption, report reveals
Fri, 7th Jun 2024
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cryptocurrency
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fintech
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blockchain
Finance professionals lead AI adoption, with 63% utilising it for fraud detection and risk management. Marketing and sales show lower usage at 27% and 19%.
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Mindgard wins UK's Most Innovative Cyber SME award for 2024
Thu, 6th Jun 2024
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devops
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apm
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ai
Mindgard, an AI-focused cyber security startup, wins UK's Most Innovative Cyber SME 2024 at Infosecurity Europe for its groundbreaking AI Security Labs platform.
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Australian firms see gap in AI readiness - Vision vs Reality
Thu, 6th Jun 2024
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strategy
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leadership
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transparency
A new WE Communications study reveals Australian firms' struggle to turn AI enthusiasm into action, highlighting gaps in readiness, strategy, and internal communication.
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How to build a compelling business case for AI projects
Thu, 6th Jun 2024
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risk & compliance
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data privacy
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ai
Crafting compelling AI business cases is crucial as AI reshapes industry. Leaders must benchmark, involve employees, focus on data quality, and consider ethical implications for success.
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Slack report reveals rising AI use but trust issues persist
Wed, 5th Jun 2024
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it training
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ai
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productivity
Slack's latest Workforce Index reveals that 95% of Australian employees distrust AI, and 71% report monthly burnout. Despite this, AI usage is up 6% since January.
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Australian & Kiwi SMBs increase AI investments for growth
Wed, 5th Jun 2024
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edge computing
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digital entertainment
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power / energy
SMBs in Australia and New Zealand are ramping up AI investments, with nearly half planning major boosts over five years to drive growth and innovation, a survey reveals.
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Cloudera acquires Verta to boost enterprise AI capabilities
Tue, 4th Jun 2024
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multi-cloud
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genai
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ai
Cloudera has acquired the Verta Operational AI Platform to boost its AI capabilities, aligning with the surge of AI integration in ANZ businesses like Telstra and BHP.
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Data readiness identified as major hurdle to AI adoption
Thu, 30th May 2024
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martech
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cdp
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healthtech
A new Fivetran and MIT Technology Review Insights report reveals data readiness as a key barrier to AI adoption, with 60% of organisations needing better data governance.
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Titans of Tech - Jason Hardy of Hitachi Vantara
Thu, 30th May 2024
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storage
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data analytics
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ai
Jason Hardy, Chief Technology Officer for AI at Hitachi Vantara, leverages over a decade of expertise to drive transformative AI projects and innovations.
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AI seen as key to tackling customer churn in Australian firms
Fri, 24th May 2024
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uc
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data analytics
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cx
Australian businesses are increasingly concerned about customer churn, with 97% adopting AI to enhance customer experience, despite cybersecurity and cost worries.
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IBM unveils major Watson, AI & open source innovations
Thu, 23rd May 2024
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firewalls
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hyperscale
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public cloud
At IBM's annual THINK conference, major updates to the watsonx platform were announced, including new open-source AI models, tools, and data capabilities, set to redefine enterprise AI.
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Privacy key to building trust in AI, say experts
Wed, 22nd May 2024
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data privacy
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ai
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microsoft
Experts highlight that building trust in AI through stringent privacy measures is essential for New Zealand businesses to harness AI's transformational potential.
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Dell expands AI Factory with NVIDIA for advanced innovation
Tue, 21st May 2024
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uc
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network infrastructure
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ai agents
Dell Technologies expands its AI Factory with NVIDIA, launching new servers and services to accelerate AI innovation, including the high-density PowerEdge XE9680L.
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Australia leads Asia Pacific in AI innovation & growth
Tue, 21st May 2024
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datacentre infrastructure
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ai
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edge ai
Australia’s AI innovation surpasses Asia Pacific, buoyed by strong tech infrastructure and initiatives like the brain-scale supercomputer DeepSouth.
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Dell launches AI Factory to boost AI adoption & innovation
Tue, 21st May 2024
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uc
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data protection
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network infrastructure
Dell Technologies unveils the Dell AI Factory to accelerate AI adoption and innovation, offering an extensive AI portfolio and robust ecosystem partnership.