Remove 2022 Remove Digital Transformation Remove Forecasting Remove Software
article thumbnail

3 force multipliers for digital transformation

CIO Business Intelligence

While digital initiatives and talent are the board directors’ top strategic business priorities in 2023-2024, IT spending is forecasted to grow by only 2.4% Tech companies have laid off over 250 thousand employees since 2022, and 93% of CEOs report preparing for a US recession over the next 12 to 18 months.

article thumbnail

Enterprise Storage Trends That CIOs Need to Grasp for the Remainder of 2022

CIO Business Intelligence

To help make it quick and easy for IT leaders to get a reliable snapshot of the enterprise storage trends, we put together this “trends update” for the second half of 2022. We predicted at the start of 2022 that cyber resilience from the storage estate would be critical this year because of the threats of cyberattacks.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

New CIO appointments in India, 2022

CIO Business Intelligence

With more and more companies undertaking the journey of digital transformation, the role of the CIO has become critical. March 2022. February 2022. January 2022. Prashant Thakur joins Vakrangee as head of tech and digital. He will also plan and implement the company’s IT and digital strategy.

article thumbnail

Accenture buys Navisite in its 4th acquisition of 2024

CIO Business Intelligence

Accenture on Wednesday said it is acquiring digital transformation services provider Navisite in an effort to boost its cloud transformation business. The global end-user spending on public cloud services is forecast to grow 20.4% billion on 38 acquisitions in 2022, $4.2 billion in 2024, up from $563.6

IT 97
article thumbnail

A cloud-based solution to rescue millions from energy poverty

CIO Business Intelligence

But first, Savannah Energy needed a reliable participating partner to help shape its digitalization vision, turning to Irish professional services company Accenture, which has provided information technology and consulting assistance to more than 200 oil and gas clients. Digital Transformation

article thumbnail

Enabling AI-powered business intelligence across the enterprise

IBM Big Data Hub

Essential data is not being captured or analyzed—an IDC report estimates that up to 68% of business data goes unleveraged—and estimates that only 15% of employees in an organization use business intelligence (BI) software. Second, any AI models that inform decision-making and forecasting must be explainable and transparent.

article thumbnail

Digital mining for sustainability in a low-carbon economy

CIO Business Intelligence

The company had little choice but to adopt a digital strategy to realize its sustainability aspirations in the most cost-effective and time-efficient manner. Petrosea created a robust internal digital ecosystem by establishing a Transformation Office directorate to take charge of its corporate digital transformation initiatives.