IBM Big Data Hub

JANUARY 25, 2024

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 regulations, undergoing digital transformation and the need for cost-cutting.

Optimization 81

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 81

Cloudera

FEBRUARY 24, 2021

2021 is going to be the year when the financial services industry reckons with how these changes will play out, impacting business operations, processes, new technologies, and, of course, new regulations. The acceleration in digital transformation brought on by the pandemic is now a force to further embrace. .

Risk Management 58

Risk Management Risk Recreation/Entertainment Machine Learning 58

CIO Business Intelligence

MAY 11, 2022

Over the past 18 months, industries have had to accelerate their digital transformation journeys to remain competitive. Experts estimate that data centers consume approximately 7% of the nation’s total energy, prompting the government to put a ‘temporary pause’ on new data centers in 2021. Target underutilisation.

Strategy 97

Strategy Digital Transformation Cost-Benefit Machine Learning 97

CIO Business Intelligence

SEPTEMBER 12, 2022

The COVID-19 pandemic hastened our already digital-centric culture to become even more digitally driven. People rely on their smartphones, social platforms, and digital channels for information, entertainment, and online purchases. This “awareness gap” can cost merchants in the form of lost sales opportunities. .

Digital Transformation 96

Digital Transformation Recreation/Entertainment Cost-Benefit Sales 96

CIO Business Intelligence

APRIL 1, 2024

That’s not hyperbole: TEKsystems’ 2024 State of Digital Transformation report found that 53% of organizations classified as digital leaders are confident that their digital investments will meet expected ROIs. Still, he and other Gartner researchers say the technology could transform modernization work.

Strategy 140

Strategy IT Digital Transformation ROI 140

CIO Business Intelligence

SEPTEMBER 25, 2023

In the digital era, few companies are safe from disruption — even highly innovative organizations like industrial automation giant Rockwell Automation. The biggest benefit to Rockwell is the same as for all providers that have moved to a subscription model: an endless guaranteed revenue stream.

Modeling 104

Modeling Manufacturing Digital Transformation Cost-Benefit 104

CIO Business Intelligence

DECEMBER 12, 2022

Digital transformation and the shift to hybrid working are unlocking new revenue opportunities for businesses, driving operational efficiencies, and improving employee experiences. It’s thought that in 2021 almost 10 exabytes of new data was generated (with one exabyte equivalent to approximately 25 billion DVDs). zettabytes.

IT 85

IT Cost-Benefit Digital Transformation Forecasting 85

CIO Business Intelligence

AUGUST 17, 2022

Check Point Research reported recently that it found 50% more cyberattack attempts per week on corporate networks globally in 2021 compared with 2020. Cybercrime cost U.S. billion in 2021, and only 43% of businesses feel financially prepared to face a cyberattack in 2022. businesses more than $6.9

Enterprise 106

Enterprise Cost-Benefit Snapshot Data-driven 106

CIO Business Intelligence

OCTOBER 1, 2022

P&G) has grown to become one of the world’s largest consumer goods manufacturers, with worldwide revenue of more than $76 billion in 2021 and more than 100,000 employees. In summer 2022, P&G sealed a multiyear partnership with Microsoft to transform P&G’s digital manufacturing platform. The power of people.

Manufacturing 145

Manufacturing Digital Transformation IoT Internet of Things 145

CIO Business Intelligence

APRIL 27, 2023

At this time of dynamic business and market changes, uncertainty, and quickly evolving consumption models for IT infrastructure, every IT executive understands the benefits and necessity of network agility. Agile networks can respond quickly to changes in the market, customer demands, employee requirements, and technology advances.

Management 94

Management Internet of Things Cost-Benefit Uncertainty 94

IBM Big Data Hub

FEBRUARY 2, 2022

Artificial intelligence (AI) is an essential instrument for reshaping businesses both now and in the future, with three in four organizations deploying or ramping up their AI efforts, according to Morning Consult’s April 2021 research. Amidst this era of digital reinvention, IBM lays claim to an impressive streak of AI market leadership.

Software 52

Software Marketing Reporting Digital Transformation 52

CIO Business Intelligence

JUNE 23, 2023

VW’s primary goal for the project is to reduce the cost of manufacturing, accelerate time to market, tailor solutions for its unique manufacturing needs, increase safety, and scale the solution to all its factories globally. Automotive Industry, Cloud Computing, Digital Transformation

Manufacturing 101

Manufacturing Digital Transformation Cost-Benefit Enterprise 101

CIO Business Intelligence

MAY 9, 2023

“Cloud-first strategy” became a cure-all for datacenter impediments, as well as an IT leader’s tentpole for digital transformation. Others conducted apples-to-apples comparisons of public cloud versus on-premises costs. More recently some organizations have reported diminishing returns from their public cloud implementations.

ROI 120

ROI Cost-Benefit KPI Uncertainty 120

IBM Big Data Hub

JULY 12, 2023

As a leading financial group in Spain, CaixaBank has long been an innovator by taking a technology-first approach by placing innovation, digital transformation, customer experience and sustainable banking at the forefront of its strategy. This was a milestone that involved the migration of 10.4

Digital Transformation 53

Digital Transformation Finance Cost-Benefit Data Processing 53

CIO Business Intelligence

OCTOBER 23, 2023

In today’s uncertain economic landscape, it is no surprise that organizations are driven to optimize business costs. By embracing as-a-service offerings, organizations can accelerate their digital transformations and integrate sustainability into their operations. Visit our Dell APEX Sustainability page to discover more.

Cost-Benefit 95

Cost-Benefit Uncertainty Digital Transformation Optimization 95

IBM Big Data Hub

MAY 12, 2023

After getting familiar with the app architecture, priorities and requirements, IBM provided a detailed trade-offs analysis, including improvement options and security and cost implications. The need to digitally transform touches every organization, in every industry. Learn more about the benefits of cloud-native development.

Consulting 83

Consulting Cost-Benefit Optimization Dashboards 83

CIO Business Intelligence

AUGUST 22, 2023

Lenovo’s service-led transformation journey since 2021 has fueled impressive growth momentum for the company. They’re turning to ‘as-a-service’ solutions to streamline their tech stack and reap the benefits of this consumption-based model. Contributing new revenue has become a key goal for CIOs today.

Digital Transformation 97

Digital Transformation Cost-Benefit Marketing Metrics 97

CIO Business Intelligence

JULY 19, 2023

Our mission is to respond to these and digital transformation can help us. We started the digital transformation journey in 2015, and since then, we’ve focused on a strategy that was risky at first, but it’s paid off. billion in 2021? And what about the hidden costs of the cloud that many CIOs have issue with?

Strategy 95

Strategy IT Digital Transformation Cost-Benefit 95

CIO Business Intelligence

MARCH 15, 2022

As the end of 2021 approached, the process of digital acceleration remains in a world turned upside down by a lingering global pandemic. The focal point of the Zero T rust model is that enterprise data needs to be protected at all costs. That said, enjoy reading about what we anticipate you can expect in FY’22!

Software 101

Software Cost-Benefit Digital Transformation Enterprise 101

CIO Business Intelligence

OCTOBER 21, 2022

But, with all this growth comes new potential costs. Amid a fast-changing landscape, contact center executives have a critical task: Keep pace and grow while also reducing costs and driving efficiency. Let’s look at four key decisions that can fuel effective cost management in contact centers.

Cost-Benefit 82

Cost-Benefit Testing Metrics Marketing 82

CIO Business Intelligence

DECEMBER 14, 2023

The harsh, remote landscape of Alaska’s North Slope does not evoke thoughts of digital transformation. Aside from being extremely cold, working on the Slope presents major supply chain challenges,” says Pragati Mathur, chief digital and information officer for the energy exploration and production stalwart.

Manufacturing 80

Manufacturing Digital Transformation Experimentation Cost-Benefit 80

CIO Business Intelligence

MARCH 21, 2022

Staying razor-focused on business benefits and communicating in a language everyone understands is central to successful IT initiatives, whether the project involves state-of-the-art technology like robotic process automation (RPA) or is a bit more mundane, like upgrading an aging data center. Source: State of the CIO, 2022. Credit: CIO.

IT 131

IT Digital Transformation Consulting Technology 131

Sisense

MARCH 26, 2021

Companies surveyed by Harvard Business Review Analytic Services (HBR) report that two of the most important strategic benefits of using data analytics are (1) identifying new revenue and business models and (2) becoming more innovative. Harvard Business Review Analytics Services Pulse Report for Sisense, March 2021. Only 23% can.

Analytics 98

Analytics Data-driven Dashboards Experimentation 98

CIO Business Intelligence

APRIL 7, 2023

Digital transformation is crucial for the sustainability and resilience of professional accountancy organizations to meet changing business and market demands,” according to the International Federation of Accountants. CIO, Digital Transformation, Finance and Accounting Systems, IT Leadership

Management 96

Management Digital Transformation B2B Marketing 96

Cloudera

JANUARY 5, 2023

In the past year, businesses who doubled down on digital transformation during the pandemic saw their efforts coming to fruition in the form of cost savings and more streamlined data management. However, a significant amount of this spend is wasted as organizations struggle to optimize costs effectively. .

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

erwin

SEPTEMBER 29, 2021

Meanwhile, every critical digital transformation initiative – like cloud migration, model-driven DevOps, sensitive data protection and application modernization – has data at its center. One of the biggest benefits of attending any customer conference is the opportunity to hear directly about product roadmaps. Register now!

Digital Transformation 52

Digital Transformation Data Governance Cost-Benefit Data-driven 52

CIO Business Intelligence

MAY 17, 2022

Following the migration to Amazon Connect in June 2021 and Amazon Connect Self Service six months later, the company has saved $50,000. But the primary driver of adopting the cloud-based service was about enhancing customer service, not cutting costs. Digital Transformation, Tech Support Craig Williams, CIO, Ciena.

Cost-Benefit 98

Cost-Benefit Interactive Machine Learning Digital Transformation 98

CIO Business Intelligence

AUGUST 14, 2023

The CIO of transportation and logistics company Werner Enterprises has spent the bulk of his career doing full-blown transformation projects that often took two or three years to complete and ended up being a “massive, monolithic platform.” Here’s how IT leaders are embracing a quick-win, cumulative approach to digital transformation.

IT 88

IT Insurance Digital Transformation Broadcasting 88

CIO Business Intelligence

APRIL 7, 2022

In early 2021, a wave of digital innovation in the African financial sector, born out of a response to the tight grip of the pandemic, fuelled services and applications that had the potential to really shake up the banking sector. Fintech lowers costs for banks and consumers. Of the US$4.9

Modeling 52

Modeling Cost-Benefit Reporting Digital Transformation 52

Cloudera

SEPTEMBER 24, 2021

Reductions in the cost of compute and storage, with efficient appliance based architectures, presented options for understanding more deeply what was actually happening on the network historically, as the first phase of telecom network analytics took shape. Second, the cost of data was getting out of control – literally. Learn more!

Analytics 90

Analytics IoT Cost-Benefit Big Data 90

CIO Business Intelligence

APRIL 12, 2022

In addition, they faced an onslaught of claims and initial uncertainty about cost and payments for antibody testing, evolving treatments, and, later, vaccines. The new flexibility also helped insurers adjust as employers added wellness coverage, telehealth, and mental health benefits to their plans.

Insurance 52

Insurance Technology Management Cost-Benefit 52

CIO Business Intelligence

SEPTEMBER 14, 2023

As exchanges were modernizing, they looked at the cost benefit and realized it was better to buy Nasdaq’s technology,” Peterson says. The company’s pivot to new tech development and SaaS began in 2021 and is keenly focused on the cloud, machine learning, and AI, as well as blockchain for tracking digital assets.

Risk Management 114

Risk Management Risk Marketing Cost-Benefit 114

CIO Business Intelligence

MAY 24, 2022

Rapidly accelerated digital transformation strategies over the last few years only cemented what digital identity architects already knew: identity is the perimeter. In 2021, the Federal Trade Commission [1] received 2.8 million fraud reports from consumers that totaled more than $5.8 billion in losses.

Cost-Benefit 90

Cost-Benefit Digital Transformation Management Risk 90

CIO Business Intelligence

OCTOBER 13, 2022

Rich Gilbert, who joined Aflac in 2019 as chief digital and information officer, now serves as its chief transformation officer and head of individual benefits. He was named the 2021 CIO of the Year by GeorgiaCIO, receiving the ORBIE Award in the Global category for helping reinvent Aflac as a digital-first company.

IT 128

IT Insurance Cost-Benefit Modeling 128

CIO Business Intelligence

NOVEMBER 7, 2022

In November 2021 it turned on a new ERP system intended to support international growth with improved operational visibility and financial reporting capabilities. The company was forced to develop new processes to keep information flowing around the business, and hire a third-party consultant to sort out the ERP system at a cost of $3.8

Manufacturing 128

Manufacturing Cost-Benefit Sales Consulting 128

CIO Business Intelligence

FEBRUARY 28, 2023

But thanks to an inventive digital offering, called Searchable Museum , the museum has been able to reach even more. The “Paradox of Liberty” exhibit depicts Thomas Jefferson’s ownership of 609 slaves, as well as Sugar Pot and Tower of Cotton artifacts that depict the “juxtaposition of profit and power and the human cost” of slave production.

Metadata 98

Metadata Recreation/Entertainment Cost-Benefit Technology 98

CIO Business Intelligence

MAY 22, 2023

Since 2021, there have been examples of how these can outperform classical CNNs in some instances. Notably, they can bring cost and performance benefits to the currently expensive methods for training LLMs. Connect with the Author Konstantinos Karagiannis Director, Quantum Computing Services Digital Transformation

ROI 52

ROI Machine Learning Optimization Cost-Benefit 52