JPMorgan Chase is redefining banking with cloud-first strategies and generative AI. "At JPMorgan Chase, these technologies are more than tools - they are enablers of resilience, innovation and growth," said Lori Beer, global CIO of JPMorgan Chase, at AWS re:Invent 2024.
Four visionary leaders from diverse industries and backgrounds took the stage at AWS re:Invent 2024 to share how they are using the power of generative AI and cloud technology to push the boundaries of what's possible and create innovative products for healthcare, sports, art and accessibility.
Indian enterprises plan to boost IT spending to $160 billion in 2025, with software spending rising by 17%. CIOs will prioritize cybersecurity, business intelligence and data analytics, while dedicating new budget lines to generative AI implementations.
Amazon Web Services hopes to redefine enterprise innovation in the cloud with a slew of announcements made during CEO Matt Garman's keynote speech at re:Invent 2024 in Las Vegas about advancements in compute, storage, databases, generative AI and analytics.
The payments industry, which has operated on established frameworks for decades, is adapting - or forced to adapt - to a new kind of intelligence. For industry heavyweights Visa and Mastercard, AI is becoming a tool to drive fraud detection, customer experience and operational agility.
Organizations move from data-first to AI-first strategies as generative AI models demonstrate significant accuracy improvements, said Dr Shivani Rai Gupta, chief data scientist at Jio. Success requires balancing quick wins with long-term investment while ensuring data integration.
With cyberattacks occurring every 11 seconds, organizations must fortify defenses, assess impacts and ensure data resilience to combat modern cyberthreats, said Ripu Bajwa, director of sales and general manager of data protection and unstructured data solutions at Dell Technologies.
Agentic AI is on the rise. AI agents can now be deployed in minutes, and early adopters such as Saks, Wiley and OpenTable have already implemented Agentforce to transform and enhance organizational operations.
With 350 AI models and a 70-petabyte data repository, Expedia makes travel planning seamless. By delivering personalized itineraries to real-time updates, the travel agency's AI technology is redefining and adding convenience to the way we explore the world.
Global banks invest billions in artificial intelligence as JPMorgan Chase reports $2 billion in AI-driven value. The 2024 Evident AI Index reveals how 50 major banks compete through talent, innovation and ethical AI practices, reshaping the future of financial services.
Technologies are innovating rapidly in an evolving landscape, and regulatory agencies must adapt quickly. "It can be made so much easier, so much more fluid, if we use the technologies the right way," said Dr. Denisha Jairam-Owthar, group CIO at the Council for Medical Schemes.
As AI investments surge, CIOs face mounting pressure to prove business value amid fast-paced tech changes. Arun Chandrasekaran, distinguished VP and analyst at Gartner, shares insights on how CIOs can strategically navigate AI to deliver measurable outcomes for their organizations.
Sajiv Nair, CIO and CISO at ESDS Software Solution, shares plans to expand the company's data center footprint with AI capabilities and renewable energy solutions. The strategy emphasizes measured growth and environmental responsibility across India and the Middle East.
$17 billion. That's how much JP Morgan dedicated to its technology budget in 2024. It's the highest ever from a financial firm, albeit one that itself is worth more than $600 billion. This budget places JP Morgan at the forefront of tech investment among global financial institutions.
Muhammad Ali Bhikhan, CIO of Absa's regional operations, shares how the group is redefining banking across Africa using digital innovation, cloud adoption and AI-powered cybersecurity while addressing regulatory and infrastructural challenges.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing cio.inc, you agree to our use of cookies.
