Remove 2022 Remove Digital Transformation Remove IoT Remove Machine Learning
article thumbnail

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.

article thumbnail

Ferrovial puts AI at the heart of its transformation

CIO Business Intelligence

With the aim to accelerate innovation and transform its digital infrastructures and services, Ferrovial created its Digital Hub to serve as a meeting point where research and experimentation with digital strategies could, for example, provide new sources of income and improve company operations.

IT 95
Insiders

Sign Up for our Newsletter

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

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

Ford’s high-tech business transformation, fueled by cloud

CIO Business Intelligence

Fueled by cloud Ford’s cloud journey, which began roughly a decade ago, continues to this day, Musser says, as the automaker seeks to take advantage of advances in the key technologies fueling its transformation, including the internet of things (IoT), software as a service, and the latest offerings on Google Cloud Platform (GCP).

IoT 112
article thumbnail

Why CIOs should invest in digital through economic headwinds

CIO Business Intelligence

Resilient cybersecurity Despite the clamour for new digital investments, Gartner’s analysts did recognise that this would represent a new cybersecurity risk, with some attributing the increased spending in security over the next year down to ongoing uncertainty regarding Russia’s invasion of Ukraine. global inflation rate.

article thumbnail

P&G turns to AI to create digital manufacturing of the future

CIO Business Intelligence

In summer 2022, P&G sealed a multiyear partnership with Microsoft to transform P&G’s digital manufacturing platform. P&G is also piloting the use of IIoT, advanced algorithms, machine learning (ML), and predictive analytics to improve manufacturing efficiencies in the production of paper towels.

article thumbnail

Using Artificial Intelligence to Make Sense of IoT Data

BizAcuity

IoT is basically an exchange of data or information in a connected or interconnected environment. AI is about simulating intelligent behavior in machines that carry out tasks ‘smartly’. AI tries to imitate natural human intelligence or the cognitive functions that humans perform using their mind such as learning and problem-solving.

IoT 56