Lowe’s Is Betting on AI To Drive Customer Experience, Optimize Multiple Processes
Sluggish economic growth, lagging capital spending, and cautious hiring challenge CFOs managing the organization's financial path. Leaders now demand greater insights from data driven decisions. Analytics and big data are as important as treasury concerns and counter-party risk mitigation. Further, a greater number of CFOs now own the IT function and have CIOs reporting to them. This growing and evolving role of the CFO results in a need to understand the impact of disruptive technologies on business models and financial security. Constellation's analysts and research helps CIOs understand the challenges faced by the IT and line of business divide as well as take a pragmatic approach to technology adoption.
Lowe's has laid the groundwork and is starting to leverage artificial intelligence throughout its operations including store experiences across multiple channels and backend supply chain processes. The plan is to invest in an uncertain market to reap the awards when the home improvement market improves.
Matt Garman Has Positively Impacted AWS
Amazon Web Services (AWS) hosted over 70,000 attendees at its 13th annual reinvent conference in Las Vegas, Nevada on December 2nd to 6th, 2024. Since its humble beginnings in 2012 when there were 6,000 attendees, this event has been on the must-attend list developer and innovation focused business and technology leaders. After losing three years of momentum, AWS finally found the right replacement for Andy Jassy with Matt Garman as the new AWS CEO. This year’s announcements showcase significant product investments that will provide a stronger roadmap of how AWS will support AI startups and enterprises moving fast into AI. Overall, announcements from reinvent reflect a deep customer understanding.
Expect Regulations For National Security, But Overall Lighter Regulatory Framework
For the most part, tech has done well regardless of presidential administrations due to the light regulation of the overall industry. This has allowed large digital giants to emerge and dominate global markets across a multitude of industries. Amidst a national security backdrop and increasing capital required in the tech arms race, government has been hesitant to over regulate.
Here are the big themes to note amid this AI-fueled data center binge that is dominating hyperscale cloud earnings calls.
Constellation Research's Connected Enterprise 2024 spurred big ideas, a community of tech leaders and dozens of takeaways. It's a fire house of information designed to get you thinking about what's around the corner. Here are the takeaways.