Technology: Page 2


  • A businessperson reviews different types of data produced by technology
    Image attribution tooltip
    Khanchit Khirisutchalual via Getty Images
    Image attribution tooltip

    CFOs must keep focus on ‘streamlined, clean’ data, Infosys exec says

    Wrestling insights out of previously siloed data in a compliant, effective manner is paramount for CFOs looking to take advantage of generative AI technologies.

    By Jan. 30, 2024
  • Wide shot of three business people sitting in cubicles, in a communal office space, using laptops.
    Image attribution tooltip
    fotostorm via Getty Images
    Image attribution tooltip

    One in four companies ban GenAI

    The research by Cisco found that generative artificial intelligence tools are putting many companies’ sensitive data at increased risk of public exposure.

    By Jan. 30, 2024
  • U.S. mint Explore the Trendline
    Image attribution tooltip
    tsimage via Getty Images
    Image attribution tooltip
    Trendline

    Top 5 stories from CFO Dive

    Cooling inflation, an M&A rebound and an AI reckoning are among the top forces that could shape the corporate finance world this year.

    By CFO Dive staff
  • Person carries their belongings out of an office
    Image attribution tooltip
    pcess609 via Getty Images
    Image attribution tooltip

    Tech CFOs kick off 2024 with flurry of layoffs

    The latest layoffs show that many tech CFOs remain laser-focused on ensuring long-term profitability in an uncertain economic environment, analysts said.

    By Jan. 30, 2024
  • A Southwest Airlines take off past the control tower at Burbank Hollywood Airport on September 25, 2023 in Burbank, California.
    Image attribution tooltip
    Justin Sullivan / Staff via Getty Images
    Image attribution tooltip

    Southwest Airlines to spend $1.7B on tech, cloud migration this year

    The commercial carrier has shifted just under half of its tech estate to cloud, President and CEO Bob Jordan said Thursday.

    By Matt Ashare • Jan. 29, 2024
  • A general view of the headquarters of SAP AG, Germany's largest software company on January 8, 2013 in Walldorf, Germany.
    Image attribution tooltip
    Thomas Lohnes / Stringer via Getty Images
    Image attribution tooltip

    What’s behind SAP’s massive restructuring push?

    “Cloud is the big elephant in the room for SAP,” Forrester VP and Principal Analyst Liz Herbert said.

    By Matt Ashare • Jan. 26, 2024
  • A pretty young focused professional asian woman writing down notes or making a draft. Office worker, businesswoman or freelancer at a coffee shop.
    Image attribution tooltip
    Michael Edwards
    Image attribution tooltip

    Upwork CFO sees signs of ‘macroeconomic softness’ in freelancer wage stagnation

    While the freelancer economy remains robust, CFO Erica Gessert is keeping her eye on stagnant wage growth amid continued uncertainty.

    By Jan. 25, 2024
  • A businessperson hands a colleague a paycheck.
    Image attribution tooltip
    AndreyPopov via Getty Images
    Image attribution tooltip

    36% of companies plan to raise pay in 2024 amid tight labor market: BDO

    Although the job market has shown signs of cooling in recent quarters, CFOs aim to increase compensation this year to attract and retain employees.

    By Jan. 25, 2024
  • Office workstation top view of business people working around M&A, keyboard, calculator, phablet and money on wooden table
    Image attribution tooltip
    Atstock Productions via Getty Images
    Image attribution tooltip

    83% of execs anticipate spike in their M&A volume this year: Deloitte

    With economic conditions slowly improving, the stage might be set for a rebound in M&A activity.

    By Jan. 24, 2024
  • Shot of glass window office buildings
    Image attribution tooltip
    olaser via Getty Images
    Image attribution tooltip

    CFO of beleaguered smart window manufacturer View to resign

    View’s finance chief is departing as the company scrambles to accrue enough capital to continue operating through 2024.

    By Jan. 24, 2024
  • Close up of Snapdragon chip
    Image attribution tooltip
    Courtesy of Qualcomm Snapdragon Summit 2023
    Image attribution tooltip

    Qualcomm expands CFO’s role to include COO responsibilities

    Akash Palkhiwala’s move to the dual role is part of a rising trend where finance chiefs are absorbing operational responsibilities.  

    By Jan. 23, 2024
  • Computer hacker stealing data from a laptop.
    Image attribution tooltip
    BrianAJackson via Getty Images
    Image attribution tooltip

    AI, fake CFOs drive soaring corporate payment-fraud attacks

    Generative AI tools like ChatGPT are making it easier for scammers to create bogus texts and emails as well as deep-fake voices at scale.

    By Jan. 23, 2024
  • Image of cloud data center, 3d rendering.
    Image attribution tooltip
    mesh cube via Getty Images
    Image attribution tooltip

    Cloud, SaaS spending manager Vertice raises $25M in Series B funding

    The startup is looking to expand in the U.S., Europe, Australia and Singapore as it also enters new markets such as Latin America and Southeast Asia.

    By Jan. 22, 2024
  • A person holding a tablet with digital visualizations floating above it.
    Image attribution tooltip
    Nespix via Getty Images
    Image attribution tooltip

    EY: As AI compliance looms, CFOs are strategy ‘nerve center’

    Balancing innovation with compliance, CFOs are essential in creating companies’ AI strategy, EY’s Liban Jama said.

    By Jan. 22, 2024
  • Coworkers walking side by side with suitcase in hand
    Image attribution tooltip
    aldomurillo via Getty Images
    Image attribution tooltip
    Sponsored by U.S. Bank

    How CFOs can make travel & expense transformation a reality

    Modernizing T&E can deliver substantial benefits to organizations—including middle market companies.

    Jan. 22, 2024
  • Young woman working from home using laptop computer.
    Image attribution tooltip
    Jovan Geber via Getty Images
    Image attribution tooltip

    ‘Little evidence’ remote work harms productivity: San Francisco Fed

    After surging during the worst of the pandemic, remote work has declined to 30% of paid workdays, according to research by the San Francisco Fed.

    By Jan. 19, 2024
  • AWS logo at Amazon event
    Image attribution tooltip
    Noah Berger via Getty Images
    Image attribution tooltip

    Amazon taps operations SVP for AWS CFO amid rocky cloud growth

    The long-time Amazon veteran will step into the top financial seat for AWS as the e-commerce retailer looks to bolster the cloud segment’s stale revenue growth.  

    By Jan. 19, 2024
  • Investment growth
    Image attribution tooltip
    ipopba via Getty Images
    Image attribution tooltip

    PwC’s Wes Bricker: Economy is top of mind as CFOs face ‘decade of disruption’

    The coming year will see CFOs zero in on profitability and pricing strategies that can foster growth in a high-rate environment.  

    By Jan. 18, 2024
  • People pass the JPMorgan Chase headquarters building on May 26, 2023 in New York City.
    Image attribution tooltip
    Michael M. Santiago via Getty Images
    Image attribution tooltip

    JPMorgan Chase takes ‘pragmatic and disciplined’ approach to AI

    The banking company is against “chasing shiny objects,” CFO Jeremy Barnum said during an earnings call.

    By Lindsey Wilkinson • Jan. 18, 2024
  • Corporate executives talking about data
    Image attribution tooltip
    gorodenkoff via Getty Images
    Image attribution tooltip
    Deep Dive

    Modern finance team makeovers: Controllers

    As finance departments undergo seismic tech-driven changes, controllers are poised to play a crucial role as the CFOs’ right hand.

    By Jan. 17, 2024
  • A general view of the entrance to the Citigroup office in Canary Wharf on November 17, 2008 in London, England.
    Image attribution tooltip
    Oli Scarff / Staff via Getty Images
    Image attribution tooltip

    Citi poured $12B into tech last year, retired nearly 400 legacy apps

    While efforts to modernize are underway, the company is operating at a loss and plans to cut 20,000 positions by 2024 as part of a broader restructuring.

    By Matt Ashare • Jan. 16, 2024
  • Close-up stock photograph showing a touchscreen monitor being used in an open plan office. A woman’s hand is asking an AI chatbot pre-typed questions & the Artificial Intelligence website is answering
    Image attribution tooltip
    Laurence Dutton via Getty Images
    Image attribution tooltip

    AI ranked by tech CFOs as top 2024 investment priority

    The technology also triggered concerns including the potential for data privacy risks and negative workforce impacts such as job displacement.

    By Jan. 16, 2024
  • A sign is posted at the Nvidia headquarters on May 25, 2022 in Santa Clara, California.
    Image attribution tooltip
    Justin Sullivan / Staff via Getty Images
    Image attribution tooltip

    Finance firms shift to defensive AI playbooks

    Just over a year after ChatGPT’s launch rocked corporate digital transformation plans, a Nvidia survey signals changes in how finance chiefs think about AI.  

    By Jan. 16, 2024
  • Businessman touching an artificial intelligence-themed brain
    Image attribution tooltip
    Shutthiphong Chandaeng via Getty Images
    Image attribution tooltip
    Opinion

    6 AI tips for first-time adopters

    Companies adopting AI for the first time must be ready to do it responsibly and in a way that can deliver real business value, writes Hero Digital’s Arun Kumar.

    By Arun Kumar • Jan. 16, 2024
  • Money with a tape measure.
    Image attribution tooltip
    Vadym Plysiuk via Getty Images
    Image attribution tooltip

    C-suite leaders expect AI to deliver cost savings in 2024

    Executives anticipate the technology to bring increased productivity in operations, customer service and IT.

    By Lindsey Wilkinson • Jan. 16, 2024
  • A wooden Google logo hangs at a stand at the 2022 Re:publica digital society festival on June 09, 2022 in Berlin, Germany.
    Image attribution tooltip
    Sean Gallup via Getty Images
    Image attribution tooltip

    Google lays off hundreds of workers, citing organizational changes

    Several divisions were impacted, including teams in central engineering, augmented reality and the Google Assistant unit.

    By Roberto Torres • Jan. 12, 2024