July 5 - The top IT news of 2024 — so far

FedEx CIO, who led the company’s digital push, to retire; Kraft Heinz dips into generative AI with employee tool for data analysis; Microsoft, playing the long game, invests billions globally to expand Azure empire; What’s behind SAP’s massive restructuring push? [View online]( | [Signup]( [CIO Dive]( Daily Dive July 5, 2024 | Today’s news and insights for tech leaders [Own Company]( BROUGHT TO YOU BY — Own Company [Secure SaaS data strategies for 2024]( Discover key data opportunities and risk mitigation strategies in our eBook for tech leaders navigating their 2024 cloud data strategy. [Read now!]( NOTE FROM THE EDITOR The year is moving at breakneck speed — and we're already at the halfway mark. For enterprise leaders, technology changes are also coming a mile a minute. In 2024, enterprises have worked to move away from generative AI experiments toward broader deployment, coupling billion-dollar investments with upskilling plans. Providers, vying for AI and data spending, broadened their offerings in an effort to attract more business. But AI adoption is only part of the story in 2024 — so far. We also tracked major [technology leadership changes](, [global policy changes]( and post [M&A turbulence]( in the vendor space. Read on for a special edition newsletter recapping some of the most impactful enterprise IT news stories we’ve covered this year. If you enjoy our daily coverage of the enterprise IT world, consider spreading the word with your peers by sharing this link: [ Thank you for your readership, Roberto Torres Editor, CIO Dive [X/Twitter]( | [Email](mailto:rtorres@industrydive.com) --------------------------------------------------------------- [A look at how the EU AI Act will impact US generative AI deployments]( Industry experts advise tech chiefs on initial next steps and why the GDPR comparison matters before the European Union begins regulatory enforcement of its act. --------------------------------------------------------------- [FedEx CIO, who led the company’s digital push, to retire]( Rob Carter helmed technology leadership at the shipping giant since 2000. Sriram Krishnasamy, who leads the company's Dataworks unit, will formally take over July 1. --------------------------------------------------------------- [Kraft Heinz dips into generative AI with employee tool for data analysis]( The company’s data scientists are in the early stages of testing, using Microsoft Azure OpenAI and internal data to develop the tool. --------------------------------------------------------------- Sponsored Content by CIO Dive’s studioID [How today's CIOs can protect cloud data]( Data loss can have serious repercussions for your organization, including significant financial losses & erosion of consumer trust. Learn actionable insights to help you navigate data responsibility in the cloud in [this webinar.]( --------------------------------------------------------------- Deep Dive [Microsoft, playing the long game, invests billions globally to expand Azure empire]( “The pressure is on — this is no longer the experimental phase of the cloud,” Alistair Speirs, director of Azure global infrastructure, said. --------------------------------------------------------------- [What’s behind SAP’s massive restructuring push?]( “Cloud is the big elephant in the room for SAP," Forrester VP and Principal Analyst Liz Herbert said. --------------------------------------------------------------- [Coca-Cola pours $1.1B into Microsoft cloud, generative AI partnership]( The beverage maker will test Azure OpenAI Service and Copilot 365 use cases across business functions, the companies said Tuesday. --------------------------------------------------------------- UPDATED [IT leaders chafe as VMware costs skyrocket under Broadcom]( The acquisition triggered “major changes to VMware strategy, product, pricing, licensing and sales,” Gartner analyst Andrew Lerner said. “It’s a lot for customers to take on." --------------------------------------------------------------- [AWS flexes data center muscles as AI workloads increase cloud use]( The battle for AI workloads is intensifying and, to keep its lead, Amazon's cloud division is investing more than $50 billion in U.S. infrastructure. [Read more news]( [image]( [How CIOs Are Building An Efficient Hybrid Workplace]( Explore the new attitudes of the modern workforce about workplace flexibility, its impact on IT and security, and the transformative potential of AI for enabling it in this Trendline. 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