Tag: CIO

TCS and Damen Shipyards Win CIO Magazine Innovation Award 2020

Tata Consultancy Services and Damen Were Recognized in the ‘Most Innovative B2B Project or Program’ Category for Building an Integrated IoT Platform Enabling a Greater Connected Vessel Ecosystem

AMSTERDAM | MUMBAI, October 6, 2020: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, and Damen Shipyards have won the CIO Magazine Innovation Award in the ‘Most Innovative B2B Project or Program’ category.

The companies were recognized for Triton, Damen’s connected vessel platform, designed and built by TCS. The integrated, collaborative IoT platform collects data using 10,000 – 15,000 sensors on each ship, transforming them into connected vessels. It has helped Damen make ships smarter, offer new services to customers and develop new business models. Using insights from Triton, Damen can provide improved customer service covering the entire lifecycle of a vessel, from sales leads to decommissioning.

The connected vessel platform allows

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Aurora, Illinois CIO Makes Entire City An Innovation District As Part Of Proposed $300 Million Project

Michael Pegues, a relative newcomer to government, is the CIO of the second largest city in Illinois. Despite only being in the job for three years and having no background in local government, he has developed a passion for city work and has become an urbantech champion.

What makes Pegues’ case so interesting is that he has taken a much bolder approach to encouraging innovation than many other city CIOs. In my experience, cities often set up limited innovation zones where they experiment with technologies before rolling them out more widely. Pegues has eschewed this intermediate step and turned his city into one giant innovation sandbox through his 605 Innovation District project (605 being the first three digits of the five zip codes in Aurora).

It’s a bold move—and one that isn’t without risks. But the initiative shows how a forward-thinking CIO willing to embrace and successfully manage those

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Diane Jurgens Joins Disney as CIO

Walt Disney Co. hired Diane Jurgens, a senior technology management exec with more than three decades of industry experience, as its new chief information officer.

Jurgens will start at Disney on Oct. 5 and report to McCarthy. Jurgens replaces Susan O’Day, who retired as Disney’s CIO and EVP of enterprise technology in January 2020.

Jurgens most recently served as CTO for BHP, a multinational mining, metals, and petroleum company based in Singapore. She previously held senior executive positions with companies in various industries including president and managing director of Shanghai OnStar Telematics Co., CIO for General Motors’ international operations, and as an executive at Boeing.

As Disney’s CIO, Jurgens will lead the company’s global Enterprise Technology organization, which includes enterprise business systems, infrastructure, workforce enablement, and enterprise resilience engineering. Her responsibilities also will include planning, prioritization, implementation and operations of Disney IT systems and infrastructure across the company.

“Diane is

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The CIO has a new set of priorities and problems: Here’s what’s on their to-do list

The last few months has put CIOs and their teams under huge strain, as they made great efforts to keep businesses connected as staff shifted to home working. But tech chiefs will face a new series of demands on them in the next few months as they are asked to push forward with their digital transformation plans and introduce new technologies – even as they struggle with shrinking budgets and the constant battle to find the best qualified staff.

According to research by recruiter Harvey Nash and KPMG six out of ten (61%) CIOs report that IT leaders are more influential as a result of the crisis. The question now is whether CIOs will retain that new influence.

“CIOs have pulled off what most of their executive peers would have considered impossible just a few months ago. I think they’ve gained a lot of credibility. They proved that accelerating the

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Uber’s Hired A New Top Tech Leader From Amazon But Is Losing Its CIO

Uber Technologies has hired Sukumar Rathnam as its new chief technology officer (CTO). Previously a vice president at Amazon, where he headed product selection and catalog systems, Rathnam will start his new role on September 28.

Separately, Forbes understands that Uber’s CIO, Shobhana Ahluwalia, who had reported to Rathnam’s predecessor, Thuan Pham, has decided to leave. A source close to Uber said her departure is “very amicable” and that she had accomplished an incredible amount during her five-year-plus tenure. It’s unclear whether Ahluwalia was hoping to get the top technology role.

Rathnam’s arrival was announced internally on September 17 and first reported by The Information. He will take over several months after the departure of Pham, a veteran leader who resigned from the company in May just before it laid

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CIO says tech bubble not expected to pop anytime soon

Tech stocks are unequivocally in “bubble” territory, a chief investment officer told CNBC on Monday, but that’s not to say the recent “tech wreck” is going to continue in the short term.

U.S. stocks closed lower for the second consecutive session on Friday, bringing an end to a volatile trading week ahead of the long Labor Day weekend.

The S&P 500 tech sector fell more than 4% for the week, intensifying speculation that the stock market shakeout was likely not over yet. The space had largely been responsible for the broader market’s strong comeback off its coronavirus lows.

“I think we are certainly in bubble territory,” Jonathan Bell, chief investment officer at Stanhope Capital, told CNBC’s “Street Signs Europe” on Monday.

Bell suggested there had been “so many good reasons” for investors to own the likes of Google-parent company Alphabet, Amazon, Apple, Microsoft and Facebook, pointing to their combined outperformance

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PG&E Hires Technology Veteran as CIO

PG&E Corp.

this week named information-technology veteran Ajay Waghray as senior vice president and chief information officer. Mr. Waghray will be responsible for overseeing the company’s information technology and cybersecurity functions and will manage its more than 1,200 IT employees.

He starts Sept. 21 and will report to Bill Smith, PG&E’s interim chief executive officer.

Incoming PG&E CIO Ajay Waghray starts Sept. 21.



PG&E, based in San Francisco, is the parent company of Pacific Gas and Electric Co., California’s largest utility. Mr. Waghray, as CIO of PG&E Corp., also will oversee all IT at Pacific Gas and Electric Co.

PG&E said Mr. Waghray wasn’t available for interviews.

Mr. Waghray joins PG&E from Agni Growth Ventures, a technology advisory and angel investment firm, where he has been managing partner. Mr. Waghray also has been executive vice president and chief technology officer at

Assurant Inc.,

which provides support and protection

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Fast-Growing Cloud Security Company Okta Just Hired A New CIO

Okta announced today that it has appointed Alvina Antar, the former tech leader of subscription-management company Zuora, as its new CIO. Antar joins the $29 billion market cap cloud security business as it rides a growth wave sparked by the coronavirus pandemic. Okta reported $200 million in revenue in its latest quarter, up 43% from the prior year.

The company has added around a thousand new clients since the health crisis began as businesses look to its services, which use various digital methods to verify the identities of employees and users, to bolster cybersecurity for remote workers. Todd McKinnon, Okta’s billionaire co-founder and CEO, wants Antar and her team to give its own 2,500 or so employees the very best tech tools wherever they are located. “A big part of her job is making sure Okta can work efficiently and effectively in

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