Remove 2023 Remove Cost-Benefit Remove Digital Transformation Remove Risk Management
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3 key digital transformation priorities for 2024

CIO Business Intelligence

The analyst reports tell CIOs that generative AI should occupy the top slot on their digital transformation priorities in the coming year. Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control. Luckily, many are expanding budgets to do so. “94%

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How to minimize remote access cyber security threats in 2024

CIO Business Intelligence

In turn, threat actors have continued to exploit the vulnerabilities companies exposed themselves to, including those publicly identified, in keeping pace with rapid digital transformation efforts. McKinsey & Company estimates that the annual increase of costs related to cybercrime will reach $10.5

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8 pressing needs for CIOs in 2024

CIO Business Intelligence

With the merging of operational efficiency and embracing new technologies, today’s CIOs are under increasing pressure to do more with less and become both technologists and business leaders, says Sunny Azadeh, CIO at digital services company GlobalLogic. “In

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How PwC and SAP are doing right by helping clients unlock ESG value

CIO Business Intelligence

One thing is for sure – meeting ESG goals can drive value if it can be done consistently, with automation and minimal costs. Automation, integration and consistency make it flow By the end of 2023, companies in Germany with more than 3,000 employees must have implemented the due diligence obligations under SCDDA.

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4 strategic sourcing use cases to strengthen your supply chain

IBM Big Data Hub

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. The benefits of strategic sourcing are vast, ranging from overall supply chain process optimization to more cost-effective, long-term relationships with partners.

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Top financial services trends of 2024

IBM Big Data Hub

Listen: The Art of AI featuring a Financial Industry perspective with Citigroup Trend: Generative AI One of the, if not the, biggest technological advancements made in 2023 was generative AI. Mitigation efforts and having the proper risk management tools will be vitally important as threats increase.

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20 issues shaping generative AI strategies today

CIO Business Intelligence

Just look at the stats:Some 45% of 2,500 executives polled for a May 2023 report from research firm Gartner said the publicity around ChatGPT prompted them to increase their AI investments, 70% said their organization is already exploring gen AI, and 19% are in actual pilot or production mode. This is an issue for CIOs.