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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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Leaning into Retail’s Challenges with Digital Transformation

CIO Business Intelligence

Digital transformation initiatives have picked up in the retail sector in recent years as store chains compete for brand awareness and sales in a rapidly evolving market. By 2026, retailers’ global investments in digital transformation tools are expected to reach $388 billion , growing by 18% a year.

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How Novanta’s CIO mobilized its data-driven transformation

CIO Business Intelligence

My team and I are very proud of our transformation that started in 2019,” she says. “My My team and I are very proud of our transformation that started in 2019,” she says. When I joined, there was a lot of silo data everywhere throughout the organization, and everyone was doing their own reporting. But where to begin? “We

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How to Build Security and Resilience into Your Digital Transformation

CIO Business Intelligence

Cyber risk is increasingly a top executive priority, due in large part to the rising number of unplanned outages, driven by the increasingly sophisticated cyberattacks and widening skills gap. 2] 451 Research, part of S&P Global Market Intelligence; Source: Voice of the Enterprise: Storage, Data Management and Disaster Recovery 2021. [3]

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Examining the digital transformation juggling act at Novanta

CIO Business Intelligence

As CIO, Sarah Betadam, who joined in 2019 as VP of business applications, and then became global CIO in January 2021, is charged with the strategic direction, leadership, and implementation of the company’s digital transformation, juggling several initiatives simultaneously.

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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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4 IT Management Best Practices Data-Driven Businesses Must Practice

Smart Data Collective

Data-driven businesses are far more successful than companies that don’t utilize data to their advantage. Unfortunately, they often find that managing their data effectively can be a challenge. Companies that rely on big data need a reliable IT department. Keep reading to learn how to do this.