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Why CIOs should invest in digital through economic headwinds

CIO Business Intelligence

But released the next day, the 2023 Gartner CIO and Technology Executive Survey revealed that EMEA-based CIOs expect IT budgets to increase 4.4% Artificial Intelligence, Digital Transformation, Innovation, Machine Learning on average over the next year, somewhat lower than the projected 6.5% global inflation rate.

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10 things keeping IT leaders up at night

CIO Business Intelligence

Cybersecurity risks This one is no surprise, given the scary statistics on the growing number of cyberattacks, the rate of successful attacks, and the increasingly high consequences of being breached. For example, it highlighted a 153% rise in global ransomware attacks from September 2022 to September 2023.

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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.

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Novanta’s Sarah Betadam on transforming the IT model status quo

CIO Business Intelligence

By 2027, 70% of healthcare organizations will rely on digital-first strategies to empower patients to take a more active role in health responsibilities and experiences, notes IDC in its FutureScape Worldwide Healthcare Industry 2023 Predictions report. Digital Transformation, IT Leadership

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CEO directives: Top 5 initiatives for IT leaders

CIO Business Intelligence

billion acquisition of Hillrom, the largest in its history, to expand the company’s digital health and connected care offerings. While Love and his 3,500-person IT team were working on that integration, the company announced in January 2023 plans to spin off its acute care and renal units, which is about a third of the business.

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How SAP changed Carl Zeiss AG’s view of optical product manufacturing

CIO Business Intelligence

Real-life transformers Time-jump to 2023. The company that Carl Zeiss created has transformed into an internationally recognized leader in optical products and solutions for the segments Semiconductor Manufacturing Technology, Industrial Quality and Research, Medical Technology, and Consumer Markets. Digital Transformation

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Industrial modernization: Becoming future-ready in uncertain times

CIO Business Intelligence

Dynamics of current geopolitical forces are keeping supply chain risks in focus, resulting in increased public awareness, government interventions, and actions by individual companies. Making products closer to customers removes some uncertainty and risks in the supply chain and relocating production of high-value products back to the U.S.