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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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Financial services firms turn to automated, data-driven processes for new products and services

CIO Business Intelligence

Between the host of regulations introduced in the wake of the 2009 subprime mortgage crisis, the emergence of thousands of fintech startups, and shifting consumer preferences for digital payments banking, financial services companies have had plenty of change to contend with over the past decade.

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AI in the cloud pays dividends for Liberty Mutual

CIO Business Intelligence

Eight years ago, McGlennon hosted an off-site think tank with his staff and came up with a “technology manifesto document” that defined in those early days the importance of exploiting cloud-based services, becoming more agile, and instituting cultural changes to drive the company’s digital transformation.

Insurance 134
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The 10 biggest issues IT faces today

CIO Business Intelligence

Those dynamics are now reshaping the CIO agenda for 2022, forcing many IT leaders to reorganize their list of top concerns. This growing demand, she says, is an outgrowth of all the digitalization work companies undertook over the past two years in response to the pandemic. Ever increasing demands for transformation.

IT 144
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The 10 Essential SaaS Trends You Should Watch Out For In 2020

datapine

billion by 2022—a level of growth that will shape SaaS trends in 2020. Accessibility: With SaaS, businesses have the mobility of accessing applications from any digital device and location, making it especially convenient for mobile platforms. SaaS is taking over the cloud computing market. How will AI improve SaaS in 2020?

Software 314
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Customer Experience and Emerging Technologies: My CXChat Summary on Artificial Intelligence, Machine Learning and the Customer

Business Over Broadway

I was invited as a guest in a weekly tweet chat that is hosted by Annette Franz and Sue Duris. According to Gartner, companies need to adopt these practices: build culture of collaboration and experimentation; start with a 3-way partnership among executives leading digital initiative, line of business and IT.

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IDC: Pace of enterprise applications sales will increase next year

CIO Business Intelligence

last year to $306 million, according to a new IDC study, “Worldwide Enterprise Applications Software Forecast 2023-2027: Digital Era Brings Opportunity.” Sales of public cloud enterprise applications software had already overtaken on-premises, hosted, and private-cloud sales by 2022, representing 51.4% Software sales grew 9.8%

Sales 52