WEBVTT

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Clark, welcome.

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What are some of the main areas
of focus for CIOs at the moment?

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Well, Georgie, we do an annual
survey twice a year asking CIOs

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what are their core priorities.

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And one of the things that we
always try to get after is what

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are the strategic choices that
they're trying to make.

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And, right, last year was really
focused on cost.

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Everyone was coming out of COVID
trying to reorient themselves,

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trying to get to profitability.

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And this year's actually been a
bit of a mix.

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We're seeing people really
trying to focus on growth but

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also so trying to manage the
cost.

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And so it's that balance between
focused investment and growth.

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And really a lot of the story
has been around AI and

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generative AI. And how do we
enable the investments for that

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while managing the cost in other
places to to be able to fund the

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growth.

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With all of that in mind, how
should they be approaching IT

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spend?

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Yeah, it's like we said—it's a
balance, right?

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You've got to start to think
about the growth opportunities.

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AI, analytics, security are some
of the core foundational pillars

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that people are doing.

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They're also continuing their
digital transformation journeys,

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investing in cloud, like those
opportunities.

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People are still getting value
out of that at the corporate

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environment.

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And so on the flip side, they're
also thinking about more mature

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technologies.

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How do I manage the cost of the
things that I've always had for

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a while?

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And are there ways for me to
consolidate vendors, really

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sharpen my spend in areas that
that aren't giving me as much

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return on investment as much as
they've seen in the past?

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You've seen that shift from cost
to both cost and growth.

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Where are you expecting that to
go, especially in the context

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of, as you said, advancing
technologies,

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GenAI?

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I mean in all the conversations
that we've been having with with

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our clients, the conversation
has really been around how do I

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enable this fundamental
transformation we're seeing with

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AI and generative AI.

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And funding that journey is
really an opportunity for CIOs

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because they don't have the
luxury of necessarily increasing

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their budgets as much as they
want.

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They have to figure out how to
enable growth, but while also

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maintaining the budget pressure
that they have with the current

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economy.

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Clark, thank you so much.

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Thank you so much, Georgie.