As SaaS spend grows, CIOs focus on tool sprawl

Enterprise software spending is rapidly increasing, expected to rise from 13% to 21% of IT budgets by 2025. Factors driving costs include reliance on SaaS platforms, vendor price hikes, and the proliferation of software types. CIOs are managing expenses by addressing software sprawl and consolidating tools to enhance data consistency and efficiency.

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Exploring the Power of ChatGPT: An Opportunity for Supply Chain Transformation

ChatGPT burst onto the scene in November 2022. It had a similar impact on artificial intelligence (AI) as the post-pandemic supply chain gridlock had on supply chain; a topic that wasn’t new, just not known, suddenly became a mainstream dinner-time conversation subject. ChatGPT, launched by OpenAI, introduces us to a completely different category of tools and puts the power and potential of AI on display.

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