Remove Cost-Benefit Remove Digital Transformation Remove IT Remove Optimization
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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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Elevate your digital transformation with impactful sustainability

CIO Business Intelligence

The great news is that technological progress and sustainability can go hand in hand—and joint solutions from industry leaders like Equinix and Dell Technologies are helping organizations accelerate their digital transformation and business growth, sustainably.

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How to create a robust digital transformation strategy

IBM Big Data Hub

Organizations are increasingly investing in digital transformation as a way to maintain or grow a competitive advantage. A tried-and-true way to approach digital transformation is to understand the relationship customers have with the product and the brand, where that relationship currently falls short, and how it can be improved.

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MRO spare parts optimization

IBM Big Data Hub

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 Many asset-intensive businesses are prioritizing inventory optimization due to the pressures of complying with growing industry 4.0

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The Failed Promises of Digital Transformation and What to Do About It

Ontotext

Digital Transformation, which has been a top priority for CEOs and boards of directors for many years, has had mixed results. These failures are at least partly due to the absence of graph technologies, at the center of those transformations, allowing companies to “connect the dots” across their data to drive optimal outcomes.

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10 ways to accelerate digital transformation

CIO Business Intelligence

That has left a lasting legacy: Even as the pandemic recedes, enterprise executives continue to expect CIOs and their IT departments to deliver transformative capabilities at a rapid-fire pace. The pressure is on to accelerate digital transformation, according to CIOs, researchers, and analysts.

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Does Cost Reduction Play a Role in Digital Transformation?

Cloudera

Digital transformation. Everyone has their own ideas about what digital transformation means, so I decided to look up a few definitions. . CIO blog post : “Digital transformation is a foundational change in how an organization delivers value to its customers.”. Cost savings opportunities.