Aug. 14 - CIOs prep for 2025 budgets | Pfizer picks AI chief

Pfizer appoints AI chief to boost its digital leadership team; Skill gaps cost employers a month of productivity each year, survey finds [View online]( | [Signup]( [CIO Dive]( Daily Dive Aug. 14, 2024 | Today’s news and insights for tech leaders [Center for Internet Security]( BROUGHT TO YOU BY — Center for Internet Security [Simplify Your Cyber Defenses with CIS]( Plagued by cyber threats? CIS® develops security best practices to help you prioritize your cybersecurity program. [Explore the CIS difference.]( NOTE FROM THE EDITOR As enterprises work through next year’s IT budget, CIOs are looking for ways to trim costs in order to increase investments that support generative AI and broader modernization initiatives. Reining in cloud costs remains a big target for optimization and potential savings. This afternoon, during our second live, virtual event of the year, CIO Dive will delve into the challenges of managing cloud spend and ask if it’s getting any easier for CIOs to grapple with IT’s most ubiquitous technologies. I’ll be joined by Broadridge Financial Solutions Chief Architect Jenny Lin and Forrester Principal Analyst Tracy Woo to discuss how enterprises are faring in the battle to tame cloud costs and where they’re finding help. My colleagues Roberto Torres, CIO Dive’s editor, and reporter Lindsey Wilkinson will tackle the IT security investments and the cost of AI sprawl, respectively. It’s not too late to [reserve your free seat]( — you can even invite a friend to attend. See you there, Matt Ashare Senior Reporter, CIO Dive [X/Twitter]( | [Email](mailto:mashare@industrydive.com) --------------------------------------------------------------- [Tech chiefs gear up to spend bigger IT budgets in 2025]( Despite growing enterprise appetite for technology and talent, cost optimization remains a priority, according to Forrester research. --------------------------------------------------------------- [Pfizer appoints AI chief to boost its digital leadership team]( Berta Rodriguez-Hervas joined the pharmaceutical company after stints at Stellantis, Nvidia and Tesla working on algorithms, computer vision and ML. --------------------------------------------------------------- [Skill gaps cost employers a month of productivity each year, survey finds]( Workers face challenges in making data analysis more efficient or automating processes, a Multiverse report finds. --------------------------------------------------------------- Sponsored Content by CIO Dive’s studioID [How to keep IT costs in check]( Emerging technology is drawing the attention of stakeholders from across the enterprise. Explore the strategies businesses are implementing to keep their technology stack from racking up large bills in [this virtual event.]( --------------------------------------------------------------- [Read more news]( [image]( [Predictions for the SaaS Market]( In this on-demand webinar, explore the current state of the market, the possible reasons behind the SaaS decline and why a majority still struggle with managing SaaS sprawl. 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