Remove 2022 Remove Digital Transformation Remove Risk Remove ROI
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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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State of the CIO, 2022: Focus turns to IT fundamentals

CIO Business Intelligence

While still pursuing innovation on a parallel track to support remote work and to improve customer, supplier, and employee engagement, companies across sectors are in the midst of a governance cycle to ensure the wave of pandemic-era digital investments are fully optimized and delivering value for the business. Source: State of the CIO, 2022.

IT 130
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The Data Culture Gap: Q1 2022 State of Data Culture Report

Alation

Organizations that do not embrace data culture risk lost revenue and competitive disruption. Taken together, these findings show the revenue growth risk for enterprises that have not yet invested in building a data culture. As the report firmly states, building a data culture is a business imperative in 2022.

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Ferrovial puts AI at the heart of its transformation

CIO Business Intelligence

Plus, to provide all its businesses with the ability to obtain information in record time, the company has been working with gen AI and LLMs, specifically Azure OpenAI, since December 2022. It’s beginning to be clear now this is no longer the case, and we can demonstrate marked cost reduction and positive ROI on these investments.”

IT 99
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Generative AI won’t automate your way to business model innovation

CIO Business Intelligence

In 2022, companies were still reeling from the rapid digital transformation efforts to survive the pandemic. Show the short-term and long-term benefits, along with the associated costs and risks. Quantify the value: Use data and metrics to demonstrate the potential return on investment (ROI) of IT initiatives.

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Learning from CEOs: Collaboration and connectivity are keys to navigating sustainability

IBM Big Data Hub

It’s more vexing than regulation, cyber risk, and even supply chain disruptions. Most admit uncertainty around ROI and nearly half struggle with adequate insights from their data. Findings and lessons from these transformational leaders will be discussed in an upcoming AI for Good webinar at 10:00 AM ET on October 25, 2022.

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12 famous ERP disasters, dustups and disappointments

CIO Business Intelligence

Panorama Consulting Solutions, which regularly surveys businesses on the outcomes of their ERP projects, shows in its 2022 report that 81% of projects met ROI expectations a year or more after go-live. While we weren’t naïve to the risk of disruption to the business, the extent and magnitude was greater than we anticipated.”