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Heightened Cyber Threat Brings CIOs, CISOs Closer
  + stars: | 2022-09-30 | by ( Isabelle Bousquette | ) www.wsj.com   time to read: +4 min
In a year of high-profile cyberattacks, chief information officers say cybersecurity has sprinted up their agenda and got them working more closely than ever with chief information security officers. Her goal is to foster a culture of cyber preparedness across the company, including ensuring staff are educated about risks. Noelle Eder, chief information officer at Cigna. While compensation is growing for both the CIO and CISO roles, Mr. Stephenson said it is growing faster for CISOs. “We really need to be working together to think about ways we can better secure information,” Mr. Vidoni said.
Many companies that have shifted enterprise-technology tools into the cloud in recent years, in part as a cost-saving measure, say those investments have yet to pay off. Rather than run software and systems in their own hardware, commercial cloud users tap computing capabilities from providers such as Amazon.com Inc. and Microsoft Corp. They are also turning to multiple cloud providers, rather than relying on one cloud, for different systems and applications for different business areas. “Many first movers expected significant IT cost efficiency from their cloud investments,” said Barry Brunsman, a principal in KPMG’s CIO Advisory group. “You really do need to not just take it for granted that cloud is where you should head,” she said.
In many instances, users switched over to it from Adobe products for those reasons. The fear is “not necessarily that it’s going to get worse, it’s that it’s just not going to get better anymore,” Mr. McCarthy said. Since last week, the social media site has become a popular forum for Figma users to voice their worries. If Figma price points approached some of the existing price points for Adobe products, “our costs would go through the roof,” said Mr. McCarthy. Both Adobe and Figma said that the strong community element is part of what made Figma so valuable and attractive to Adobe and they hope it can remain.
Home-improvement retailer Lowe’s Cos. said it’s created immersive, interactive three-dimensional models of two of its U.S. stores to achieve better visibility into inventory data and store layouts. The company is currently piloting the digital twins in its Mill Creek, Wash., and central Charlotte, N.C., locations. Lowe’s is leveraging Nvidia Inc.’s Nvidia Omniverse, a real-time graphics collaboration platform, to create these digital twins and iterate on them. So far, these digital twins have been primarily used in manufacturing and factory scenarios, they say. Lowe’s says it has no clear timeline for when it might extend the digital twin technology beyond Mill Creek and Charlotte.
Enterprise tech startups are continuing to innovate amid tighter economic conditions, fueled by demand from companies who fear underinvestment in tech could lose them market share, venture partners said. PREVIEWAs CIOs and companies continue putting dollars into those areas, enterprise technology startups are leaning in to meet that demand, the venture partners said. If anything, the tighter economic conditions are making entrepreneurs even hungrier, Mr. Kayyal said. “Obviously, we’re in an uncertain economy, but we see the innovation,” Mr. Kayyal said. We’re gonna see pullback, and we’re gonna see winners and losers in that pullback,” said Mr. Wall.
Chief Information Officer News
  + stars: | 2022-09-19 | by ( Steven Rosenbush | Isabelle Bousquette | Angus Loten | ) www.wsj.com   time to read: +2 min
And other up-and-coming ‘machine-health tech’ firms are offering similar wares. ‘Predictive-Maintenance’ Tech Is Taking Off as Manufacturers Seek More EfficiencyWalgreens Boots Alliance Inc. said Thursday it would appoint Hsiao Wang as its new chief information officer, as tech leader Francesco Tinto departs. Warehouse robots offer a stopgap to the labor crunch despite technology limitations, chief information officers say. American Airlines Names New Tech Chief Ganesh Jayaram, currently CIO of Deere & Co., is joining the airline as its chief digital and information officer. XPO Logistics CIO Readies for Shift to Chief Executive Role Tech-savvy CEOs look at every opportunity as having tech as part of the answer, says Mario Harik.
The purchase of Figma, whose tools are used by designers and developers, is Adobe’s largest-ever acquisition and extends its reach into new areas. The rising popularity of social networks helped fuel interest in an earlier wave of collaboration technology companies, including Jive Software and workplace chat company Yammer, later acquired by Microsoft Corp. in 2012 for $1.2 billion. Startups that employ concepts of collaboration, including digital work-space company Notion, document company Coda and app platform Airtable, took off among software, design and product teams. Adobe is best-known by consumers for software programs—including Adobe Photoshop, Adobe Illustrator and Adobe Acrobat—used for graphic design, video editing and more. The fact that Adobe was willing to pay so much for Figma reflects that belief that its software was fundamentally different, according to Mr. Saper.
CIOs at Logistics Companies Call in the Robots
  + stars: | 2022-09-15 | by ( Isabelle Bousquette | ) www.wsj.com   time to read: +5 min
Chief information officers at logistics companies like DHL Supply Chain North America and GXO Logistics Inc. are increasing investments in robots designed to move inventory around warehouses, but not all robots are up to the task yet, they say. GXO Logistics said it expects to be using more than 5,800 robots globally by the end of this year, up from 3,800 last year, while Kenco Logistics Services LLC plans to leverage roughly 120, up from 30 last year. Warehouse robots from Locus Robotics at a DHL Supply Chain facility. Photo: DHL Supply ChainAmid the robotics ramp-up, CIOs admit that the technology is not always more efficient than human workers or more cost effective. While warehouse robotic technology is mature in some areas, such as transporting goods from point A to point B, it is less mature in terms of picking up and placing down goods, tech leaders say.
Walgreens Names Hsiao Wang as Next CIO
  + stars: | 2022-09-09 | by ( Isabelle Bousquette | ) www.wsj.com   time to read: +3 min
Walgreens Boots Alliance Inc. said Thursday it would appoint Hsiao Wang as its new chief information officer, as tech leader Francesco Tinto departs. Mr. Wang, most recently CIO of arts-and-crafts seller Michaels Cos., steps into the new role on Sept. 26. Walgreens has named tech veteran Hsiao Wang as its new CIO. Mr. Tinto became Walgreens CIO in September 2019, just months before the Covid-19 pandemic began. Newsletter Sign-up WSJ | CIO Journal The Morning Download delivers daily insights and news on business technology from the CIO Journal team.
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