The migration is part of the digital payments company’s ongoing move to host all its applications in the public cloud.
“IT leaders are designing the future version of the organization,” said Vipin Gupta, CIO of Toyota Financial Services, the vehicle financing arm of Toyota Motor Corp., at an event organized in part by academic leaders at the Massachusetts Institute of Technology.
Once just a slice of the job, building software for outside companies has become a front-and-center part of the CIO brief at enterprise tech firms in the last year.
The new hybrid way of working in the wake of the coronavirus pandemic, with some employees at home and some at the office, will force technology leaders to think more strategically about workplace culture, said Chris Bedi, CIO at ServiceNow.
JPMorgan Chase created a new chief information officer position that is focused on building and improving technology used by its internal workforce, and promoted a technologist to fill the role.
Cathy Bessant, Bank of America’s chief operations and technology officer, thinks the bank may one day tap 3-D printing capabilities: ‘That technology is much more important than the average person thinks it is.’
Firms world-wide are expected to raise spending over the next few years on technology designed to process and analyze data on or near the device where it is generated
Some chief information officers are bracing for the fallout from the worsening global semiconductor shortage by stockpiling more equipment and taking a closer look at the intricacies of their supply chain.
Federal lawmakers are pressing government agencies to accelerate long-running efforts to update aging information-technology systems.
Companies are shifting more complex business software into the cloud.
Blue Yonder’s supply-chain software helps retailers, manufacturers and logistics providers predict customer demand.

