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

Data Quality stories

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Businesses hindered by inadequate data strategies for AI
Today
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genai
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llms
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ai
A new report highlights that 95% of businesses struggle to fully leverage AI due to poor data strategies, with only 22% feeling 'very ready' for implementation.
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KPMG Australia secures first global AI management standard
Yesterday
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risk & compliance
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ai
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cleantech
KPMG Australia has become the first firm globally to achieve certification for its AI management systems under the new BS ISO/IEC 42001 standard.
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Barriers hinder MarTech's role in fostering customer trust
Yesterday
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cx
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martech
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personalisation
A report reveals that 91% of marketing professionals believe customer trust is vital, yet barriers prevent MarTech from fully enhancing that trust.
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Poor data foundations hinder AI advancement in business
Yesterday
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martech
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cdp
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genai
A report reveals that 78% of businesses struggle to fully leverage AI due to inadequate data foundations, highlighting significant barriers to progress.
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Australian CIOs struggle with IT budget constraints in 2024
4 days ago
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ai
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data infrastructure
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data quality
A new survey reveals that Australian CIOs face significant challenges in modernising IT systems due to inadequate budgets, highlighting a shift in priorities.
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The path to network automation is now clearer and more defined
Last week
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ai
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cisco
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enterprise adoption
Network automation is set to surge, with Gartner projecting that by 2026, 30% of enterprises will automate over half their network activities.
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AI presents opportunities for SMBs, but demands careful execution
Last week
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it training
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digital transformation
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cx
Elise Balsillie of Thryv advises small businesses on integrating AI, highlighting data quality and the importance of balancing automation with human interaction.
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ANZ leaders invest USD$15 million in generative AI for 2024
This month
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genai
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ai
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software development
Australia and New Zealand are outpacing the world in generative AI investment, committing USD$15 million in 2024, surpassing the global average.
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Portal26 joins AWS ISV Accelerate Program for AI expansion
Last month
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hyperscale
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collaboration
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aws
Portal26 joins AWS ISV Accelerate Program to boost adoption of generative AI solutions, tackling challenges like cost ambiguity and data quality in enterprises.
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Genesis Energy teams with Informatica for AI-driven data governance
Last month
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power / energy
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collaboration
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informatica
Genesis Energy partners with Informatica to implement AI-powered data governance, aiming to enhance data quality, streamline operations, and support advanced AI solutions.
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Slow AI progress in UK public sector due to budget & skills
Last month
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data privacy
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ai
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skills gap
A SAS report reveals just one in five UK government officials are making strides in AI, hindered by budget constraints, tech gaps, and outdated systems.
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Reltio integrates with Microsoft Purview for data governance
Last month
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mdm
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personal computing devices
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data management
Reltio integrates with Microsoft Purview to streamline data governance, enhancing enterprise data unification and management, saving time and costs with prebuilt solutions.
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JB Hi-Fi teams with Amperity to enhance customer data strategy
Last month
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cx
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martech
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cdp
JB Hi-Fi partners with Amperity to enhance its first-party data strategy, aiming for better customer engagement through AI-powered insights and predictive modelling.
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AI skills shortage is top challenge for UK IT leaders in 2024
Last month
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genai
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ai
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ai models
A shortage of skilled professionals is threatening AI implementation in 2024, with 68% of UK IT leaders citing it as the primary obstacle, Confluent's study reveals.
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Reltio & Databricks launch new data pipeline solution
Last month
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data analytics
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low-code
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no-code
Reltio unveils the Reltio Data Pipeline for Databricks, a prebuilt solution that streamlines data integration, aiming to enhance AI and analytics capabilities.
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Australian firms facing significant AI readiness gap
Last month
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breach prevention
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data privacy
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security breaches
Despite strong investment, Australian firms face a significant AI readiness gap, with only 35% feeling prepared for AI projects now.
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Oracle unveils AI features to boost Fusion Data Intelligence
Last month
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hcm
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erp
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genai
Oracle enhances its Fusion Data Intelligence with AI features, targeting HCM and SCM. New intelligent apps aim to turn data insights into swift, actionable steps.
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Exclusive: How Syniti's data-first approach is driving digital success
Last month
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digital transformation
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genai
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ai
Syniti's data-first methodology is revolutionising digital transformations, driving efficiency and savings for global industries via tailored enterprise data management.
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Navigating the evolving world of Artificial Intelligence
Last month
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edge computing
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physical security
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quantum computing
Businesses are racing to adopt Generative AI, promising efficiency and competitive edge, but grappling with risks such as inaccuracy and cybersecurity.
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Exclusive: Precisely's glowing innovation in data integrity and customer experience
Last month
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uc
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hyperscale
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cx
Precisely’s innovative solutions in data integrity have driven substantial growth, transforming customer experiences for 12,000 enterprises worldwide.