IT business digital transformation

  • What Instacart’s IPO Foretold About Digital Ads, Retail And The Future Of Search

    Instacart has revolutionized the traditional IPO narrative by successfully leveraging advertising as a primary revenue driver, showing significant profits since 2022 and continuing in 2023. Unlike previous digital companies like Amazon and Twitter, which reported losses upon their IPOs, Instacart reported net income of $2.5 billion in 2022, with 28% coming from advertising revenue. Turning its focus from delivery services to an advertising and retail media platform, Instacart’s revenue model indicates that advertising is an emerging power in the economic landscape.

  • US Bank AI Chief on Preparing Your Business for GenAI

    Srini Nallasivan, executive vice president and chief AI and analytics officer at US Bank, recently detailed how the company’s efforts to build a rock-solid AI and data analytics team has paid off as generative AI enterprise use skyrockets. “We really need to understand transaction by

  • Caesars And MGM Boards Lose Cybersecurity Gambles

    Despite the staggering, well-documented rise in cybercrime, the SEC’s long-awaited cybersecurity regulations exclude board tech expertise requirements…. The audit committee also receives an annual assessment of its cybersecurity program by external subject matter experts.” That’s hardly

  • ING on Building a Cloud Native Bank

    ING is looking to assist its developers with a private cloud offering standardized services like the already mentioned Kubernetes NaaS. Nevertheless, like any other tech department in any other company in