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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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10 ways to accelerate digital transformation

CIO Business Intelligence

If you think you’re keeping up, think again: One recent study from research firm Gartner found that the majority of CEOs (59%) say digital initiatives take too long and 52% take too long to realize value. The pressure is on to accelerate digital transformation, according to CIOs, researchers, and analysts.

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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 131
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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 106
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The Data Culture Gap: Q1 2022 State of Data Culture Report

Alation

As the report firmly states, building a data culture is a business imperative in 2022. A data catalog is one data and analytics tool with proven, justifiable ROI. A data catalog is a key investment for companies wishing to become data-driven, improve the customer experience, enable digital transformation, and improve efficiency.

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Real estate CIOs drive deals with data

CIO Business Intelligence

But in reality, some of the largest, most established realty franchises, such as Re/Max and Keller Williams, have made all the right moves, pursuing digital transformations built on the cloud and primed to make the most of emerging AI opportunities. billion in 2022, resource industries $82.1 billion in 2022.

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ChatGPT AI Provides Promise with Some Caveats!

Smarten

ChatGPT is an AI chatbot developed by OpenAI, launched in November 2022. If you have questions about artificial intelligence (AI), or if your organization is considering the implementation of a Digital Transformation (Dx) strategy , Contact us to find out more. It is built on OpenAI’s GPT-3.5