5 takeaways from Infosys’ Q3
Here are some of the takeaways from Infosys CEO Salil Parekh and CFO Nilanjan Roy on the company's third quarter earnings conference call.
Five years ago, Chief Information Officers (CIOs) were on top of the world. These executives played mission-critical roles in driving multi-million dollar projects that delivered massive change. However, a global recession and the inability of CIOs to deliver on business value have tarnished their status. Today's CIOs are under pressure to deliver on requests for innovation, cost reduction, connectivity, and a growing demand for business intelligence. Just as previous technology and business shifts have changed the role of the CIO, the new, more consumer-oriented business models of the social revolution will favor a new breed of business and technology leader. These leaders will have to navigate myriad converging and disruptive technologies, align new initiatives to both business value and technology feasibility, and identify strategies to leverage existing investments to fund innovation. Constellation's research and advisory offerings arm the CIO w/ the knowledge, best practices, and strategies required to manage the four personas of the next generation CIO.
Here are some of the takeaways from Infosys CEO Salil Parekh and CFO Nilanjan Roy on the company's third quarter earnings conference call.
OpenAI launched its GPT Store for custom versions of ChatGPT as well as plans for business and enterprise users. In the first quarter, OpenAI will launch a revenue share program for developers based on engagement with payment details to follow.
HPE said the Juniper Networks will strengthen its networking business and complement its edge-to-cloud strategy.
The most popular AI use cases include automation of IT processes, security and threat detection, governance and business analytics or intelligence, according to an IBM survey.
Speaking at CES 2024, Walmart CEO Doug McMillon said: "We love what technology can do, but we're building it in a way that creates better careers at the same time. It creates better customer experiences and a stronger business."
Medtronic CEO Geoffrey Martha said the company has formed an AI center of excellence at centralizing key data assets including millions of patient datasets, regulatory experience, analytics knowhow, and medical device expertise.
SAP said Muhammad Alam will join the company's Executive Board and succeed Thomas Saueressig for the company's product engineering. Saueressig will focus on accelerating SAP customers adoption of the cloud.
Technologies such as artificial intelligence, spatial computing and body-sensing innovations will become more human-like, omnipresent, and almost invisible, according to Accenture's Technology Vision 2024.