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- Tiny AI Networks Promise Big Savings for Businesses | CIOSurge
Tiny AI Networks Promise Big Savings for Businesses | CIOSurge
Tech Debt Risks, Windows Security Vulnerability, New CIO Appointments
Zack Tembi
November 05, 2024
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Welcome to this week’s edition of CIOsurge!
Get ready for a fresh dive into the latest trends, insights, and strategies shaping the future of IT leadership.
Let’s make this week a game-changer.
Stay sharp. Stay ahead.
🤖 Tiny AI Networks Promise Big Savings for Businesses
A startup has developed "liquid neural networks" that cut costs by using only a few neurons, compared to millions in traditional AI. These networks, inspired by worm brains, adapt in real time, guiding tasks like self-driving cars with fewer resources. Experts say this tech could make AI more accessible to businesses of all sizes by reducing costs, improving efficiency, and enabling continuous learning.
This technology could significantly reduce the cost and complexity of deploying AI, making it feasible even for smaller or resource-constrained organizations. Additionally, the adaptability of these networks can enhance system resilience, allowing AI to respond quickly to evolving security and operational challenges without needing constant retraining. - Zack Tembi
🔧 Aging IT systems challenge enterprise modernization
A Kyndryl report finds that aging infrastructure and unsupported systems threaten enterprise modernization initiatives. Despite claims of 'best-in-class' tech, two-thirds of executives worry about tech debt affecting mission-critical systems. Nearly 44% of key IT infrastructure is near or at end-of-life. The report suggests that reframing tech debt remediation as an investment in data flow and AI adoption could help emphasize its business value.
CIOs face the challenge of balancing innovation with maintaining core infrastructure, yet tech debt often creates bottlenecks in areas like AI and cybersecurity. According to Kyndryl, many organizations lack a clear map of their IT assets, leaving issues to emerge only when outdated systems fail. For IT leaders, this highlights the need for proactive asset visibility and tech debt management to ensure reliability and drive future innovation without disruptions. - Zack Tembi
🗞️ At A Glance
💡 CIO Spotlights
Patrick Newbold named new CIO at CMS
Patrick Newbold will join the Centers for Medicare and Medicaid Services (CMS) as CIO and director of the Office of Information Technology.
Newbold moves from his role as deputy CIO at NASA, where he supported IT strategies for space exploration.
He aims to harness technology to improve healthcare, focusing on health equity, digital infrastructure, and data security at CMS.
Jim Walsh appointed CIO at Xcelerate Solutions
Jim Walsh joins Xcelerate Solutions as CIO, bringing over 25 years of IT experience, including expertise in cloud computing and network security.
Walsh will lead innovation and advance the company's technology landscape following Xcelerate's merger with VMD.
Previously, Walsh was CTO at VMD, contributing to mission-critical work and technology ecosystem development.