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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. Despite all that, CIOs should add generative AI initiatives to the much longer secondary list of transformation programs. Luckily, many are expanding budgets to do so. “94%

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Trust: The foundation for successful digital transformation

CIO Business Intelligence

In this article, we look at why trust is so critical in an enterprise and offer some key approaches for establishing a solid foundation of trust. Trust is critical and difficult to maintain In an enterprise, trust can be fragile. Despite this dynamic, trust remains an essential objective for enterprise leaders.

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7 sins of digital transformation

CIO Business Intelligence

As CIOs prepare for the next wave of digital transformation, they must demonstrate shorter-term business impacts from technology investments and achieve larger innovation goals that evolve the organization’s business model.

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What is digital transformation? A necessary disruption

CIO Business Intelligence

Once a vanguard business strategy, digital transformation has become a perennial objective for business survival. Most CEOs (72%) continue to prioritize digital investments, according to the 2022 CEO Outlook report from KPMG, in part due to concerns about emerging and disruptive technology, a top three risk to organizational growth.

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70% of legal departments don’t invest in digital transformation: Report

CIO Business Intelligence

More than 70% of US legal departments across enterprises spanning various industry sectors have not made any investment towards digital transformation in the last two years, according to a joint report from The Association of Corporate Counsel (ACC) and legal-technology company Disco.

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Must Read: New Trends for Digital Transformation in 2023 – Value Stream Management

CIO Business Intelligence

For many of today’s global enterprises, it’s a struggle to adapt quickly to emerging challenges. With supply chain issues and the impending recession, digital transformation remains a pressing strategic imperative. However, key digital transformation milestones remain out of reach for far too many teams.

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5 surefire ways to derail a digital transformation (without knowing it)

CIO Business Intelligence

Despite the best of intentions, CIOs and their organizations often struggle to deliver business outcomes from digital transformation strategies. And while KPMG reports that 72% of CEOs have aggressive digital investment strategies, McKinsey details a harsh reality that 70% of transformations fail.