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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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The digital transformation of an island nation: how Bahrain rose to lead cloud adoption in the GCC Region

CIO Business Intelligence

Bahrain EDB As cloud adoption grows, its impact on economies and businesses is starting to show that digital transformation can make good on the utopian promises of innovation and improved public services. The story of success From the start, the Bahraini government’s digital transformation plan was comprehensive and bold.

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Global Finance Teams Falling Behind in Digital Transformation, According to Report from insightsoftware and Hanover Research

Jet Global

July 21, 2022 – insightsoftware , a global provider of reporting, analytics, and performance management solutions, today launched its annual Finance Team Trends Report. With 63 percent of finance teams now reporting a “high level” of digitization, they have become significantly more efficient in their day-to-day tasks.

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New study reveals why mainframe application modernization is key to accelerating digital transformation

IBM Big Data Hub

Rapid advancement of emerging technologies—combined with the increasing demands from customers and ongoing disruptive market forces—are driving organizations to prioritize digital transformation more than ever. On top of that, 68% of respondents say mainframe systems are central to their hybrid cloud strategy.

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Express Cloudera POV on 2021 data trends in insurance

Cloudera

Almost a year into the pandemic, the accelerated digital transformation has begun to feel less abrupt and more sustained. 2021 looks likely to be defined by a new phase: Thriving on digital transformation, rather than just surviving through it. . Trend #1: Expanded Use of ML/AI as Part of Digital Acceleration.

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Lack of IT alignment hampers migration to SAP S/4HANA, report says

CIO Business Intelligence

Only a minority of companies who are either current SAP customers, or plan to become SAP ERP users, have completed their migration to the company’s S/4HANA system, even though support for its ECC on-premises suite will end in 2030, according to a report from digital transformation services provider LeanIX.

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