Technology: Page 2


  • Dole, produce
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    Retrieved from Dole.
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    Dole incurs $10.5M in direct costs from February ransomware attack

    The attack impacted about half of Dole's legacy company’s servers and one-quarter of its end-user computers.

    By David Jones • May 18, 2023
  • Attendees walk through an expo hall during AWS re:Invent 2022, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on November 29, 2022 in Las Vegas, Nevada.
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    Noah Berger via Getty Images
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    Ex-Amazon finance leader headed for DocuSign

    The new finance chief will help DocuSign to unlock both growth and operational efficiency, the company’s CEO said.

    By May 17, 2023
  • Accountant makes notes Explore the Trendline
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    MangoStar_Studio via Getty Images
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    Trendline

    Spend management innovation yields equity value

    Spend management technology is about attracting talented staff, reducing compliance problems and scaling back-office operations in a way that creates value. 

    By CFO Dive staff
  • Digital background depicting innovative technologies in (AI) artificial systems, neural interfaces and internet machine learning technologies
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    MF3d via Getty Images
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    Data key to grasping generative AI fundamentals

    As more companies try out generative AI, understanding the role and importance of the data underpinning these models is crucial for CFOs.

    By May 17, 2023
  • Computer keyboard with key marked "insurance."
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    sodafish via Getty Images
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    US cyber insurance premiums exceeded $7.2B last year

    Despite sharp price increases over recent years, cyber insurance is in high demand as a risk mitigation strategy, according to Fitch Ratings.

    By May 16, 2023
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    Viorika via Getty Images
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    Costs again rank as CFOs’ top automation hurdle

    In a survey commissioned by software provider OneStream, budget constraints surpassed employee skill gaps and return on investment issues as obstacles to new technology investments.

    By May 16, 2023
  • Jay Obernolte speaks on a panel
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    Screenshot: BSA The Software Alliance/YouTube

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    AI needs cohesive regulation to reduce public risk, experts say

    The risk associated with AI's speedy evolution calls for uniform legislation, a panel of executives and government officials said last week.

    By Roberto Torres • May 15, 2023
  • PwC logo outside of London, England
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    Jack Taylor via Getty Images
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    PwC turns to AI for audit transformation

    As generative AI continues to develop swiftly, PwC is betting big on its potential for transformation.  

    By May 15, 2023
  • Crowds of people walk across a busy crosswalk at the intersection of 23rd Street and 5th Avenue in Manhattan New York City.
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    deberarr via Getty Images
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    Big 4 accounting firms squeeze traditional MSP market

    The blurring of lines between software and business processes is a boon for big-four firms looking to managed service providers to expand client offerings.

    By May 15, 2023
  • A stylized stock chart is superimposed over a picture of U.S. dollars.
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    Maximusnd via Getty Images
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    Costs of software supply chain attacks could exceed $46B this year

    Losses attributed to software supply chain attacks will jump 76%, reaching almost $81 billion by 2026, according to Juniper Research.

    By Matt Kapko • May 12, 2023
  • Mickey Mouse in Disney World parade
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    Joe Raedle via Getty Images
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    Disney to cut back streaming content as subscriber count slumps, CFO says

    Disney’s restructured content strategy comes as the company faces legal battles, a changing entertainment environment and the impact of AI.

    By May 11, 2023
  • Attendees walk through an expo hall during AWS re:Invent 2022, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on November 29, 2022 in Las Vegas, Nevada.
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    Noah Berger via Getty Images
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    GlobalFoundries taps former Amazon exec for CFO seat

    The new finance chief of chipmaker GlobalFoundries previously served as CFO of Amazon’s cloud computing business. 

    By May 11, 2023
  • Hooded person types on computer in a dark room with multiple monitors and cables everywhere.
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    gorodenkoff via Getty Images
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    Ransomware claims jump back up

    Ransomware claims filed by U.S. clients of insurance broker Marsh spiked 77% in the first quarter, following a downward trend in 2022.

    By May 9, 2023
  • A customer service or call center employee sits at a desk while using a laptop, headset with microphone and monitor.
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    alvarez via Getty Images
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    Companies to reimagine workflow: survey

    Only about one in three companies polled in a WTW survey gave themselves good marks for effectively managing changes in work dynamics such as digitalization.

    By May 9, 2023
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    iStock / Getty Images Plus via Getty Images
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    FP&A tech provider Firmbase closes $12M seed round

    The infusion of cash is expected to boost R&D investments for the company’s financial planning and analysis tool, including in the area of generative AI.

    By May 9, 2023
  • Image shows a person's hand using a price scanner.
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    kali9 via Getty Images
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    Q&A

    Vendavo CFO: how to solve price puzzles

    Vendavo’s Dayton Kellenberger said technology has accelerated how quickly price-volume-mix analyses can be completed, enabling CFOs to make adjustments in real-time.

    By May 8, 2023
  • Appl
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    Eric Thayer via Getty Images
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    Apple CFO touts record service revenue as sales decline

    Among Apple’s services offerings, growth areas include Apple Card, Apple Pay and cloud services.

    By May 5, 2023
  • Kamala Harris speaking alongside President Biden at a podium
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    Alex Wong via Getty Images
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    White House tackles AI’s rise, convening top tech CEOs

    Vice President Kamala Harris met with top AI executives Thursday, the latest sign of increased regulatory interest over AI products and services. 

    By Roberto Torres • May 4, 2023
  • Businesswoman tweaking digital data
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    Jay Yuno via Getty Images
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    Oracle: Peering inside AI’s black box

    Finance professionals continue to apply a “trust but verify, or maybe don’t trust and verify” mentality when it comes to AI adoption, Oracle’s Hari Sankar said.

    By May 4, 2023
  • KPMG
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    Mark Renders via Getty Images
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    KPMG’s Stöckle on auditing’s ‘human-machine’ connection

    Despite recent technological advances transforming auditing processes, KPMG’s Sebastian Stöckle says people will always play key roles.

    By May 4, 2023
  • Chatbot conversation. Person using online customer service with chat bot to get support. Artificial intelligence and CRM software automation technology. Virtual assistant on internet.
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    NicoElNino via Getty Images
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    Vertice reports spike in AI software spending

    AI’s share of overall software spending across the Vertice network grew to 1% by the end of March, up from 0.2% at the start of the year, a five-fold increase.

    By May 2, 2023
  • The words, "ChatGPT" appear on a multicolored background
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    chaofann via Getty Images
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    Bid for business-friendly ChatGPT seen facing long haul

    Cybersecurity experts say it may be a long while before ChatGPT can be trusted to handle sensitive business data, despite recent steps by the popular AI tool’s creator.

    By May 2, 2023
  • Stock illustration of digital face with sound waves
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    iStock / Getty Images Plus via Getty Images
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    AI boosts productivity 14%: NBER case study

    Generative AI improved customer service at a Fortune 500 company by prompting less experienced staff to adopt the best practices of their most talented co-workers.

    By May 1, 2023
  • Amazon website open on a laptop
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    Quinn Rooney via Getty Images
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    Amazon to put ‘more dollars’ toward generative AI, CFO says

    Amazon is following in the footsteps of other large-scale tech firms like Apple and Meta by funneling more funds toward generative AI.

    By April 28, 2023
  • Attendees walk through an expo hall during AWS re:Invent 2022, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on November 29, 2022 in Las Vegas, Nevada.
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    Noah Berger via Getty Images
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    AWS revenue growth slows as cloud market expands

    Revenue growth has slowed for Amazon’s cloud division as customers seek cost savings in workload optimization.

    By Matt Ashare • April 28, 2023
  • CISA, cybersecurity, agency
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    Photo illustration by Danielle Ternes/CFO Dive; photograph by yucelyilmaz via Getty Images
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    CISA seeks public comment on software security attestation form

    The release is part of a larger effort by the Biden administration to strengthen software security at the development stage.

    By David Jones • April 28, 2023