CIO Business Intelligence

JANUARY 9, 2023

Three years ago, IT leaders were squarely focused on how to adopt fledgling AI techniques and approaches into their business models in service of digital transformations that included plans for shifting some workloads to the cloud. Inflation is a major issue for CIOs both in direct costs and labor,” Reeher says.

IT 145

IT Uncertainty Cost-Benefit Digital Transformation 145

Ontotext

DECEMBER 1, 2023

So, KGF 2023 proved to be a breath of fresh air for anyone interested in topics like data mesh and data fabric , knowledge graphs, text analysis , large language model (LLM) integrations, retrieval augmented generation (RAG), chatbots, semantic data integration , and ontology building.

Metadata 78

Metadata Sales Consulting Enterprise 78

CIO Business Intelligence

MAY 5, 2023

That is why the omnichannel used-car retailer earned a coveted spot on the 2023 CIO 100 Award list: for its early, innovative use of a nascent AI technology that led to a spike in page views as well as higher SEO ranking and placement that drove substantial business growth. billion overall.

Digital Transformation 145

Digital Transformation Cost-Benefit Business Driver Data Lake 145

CIO Business Intelligence

MARCH 6, 2024

Manufacturing in particular has become a bigger target for bad actors; in fact, it was one of the sectors most impacted by extortion attacks, according to Palo Alto Networks’ 2023 Unit 42 Extortion and Ransomware Report. While time is of the essence for companies in this transformation process, cybersecurity must not be an afterthought.

ROI 126

ROI Manufacturing Cost-Benefit IoT 126

CIO Business Intelligence

MARCH 23, 2023

of its workforce, over the next 18 months to reduce costs amid uncertain macroeconomic conditions. The job cuts reflect stabilizing demand, following explosive post-pandemic growth, and prudent cost management, according to Ignacio Rasero, vice president for Moody’s Investors Service. billion to $16.7

Uncertainty 98

Uncertainty Cost-Benefit Consulting Digital Transformation 98

CIO Business Intelligence

FEBRUARY 12, 2024

How could any CIO or application manager resist the call to the cloud when companies started sharing the huge successes they were having with their migrations and overall digital transformations? Now, more than a decade later, business leaders recognize the advantages the cloud offers but are struggling with bloated cloud costs.

Optimization 122

Optimization Cost-Benefit Digital Transformation Reporting 122

Jet Global

JUNE 22, 2023

Some of our most popular CFO backed posts: Best CFO KPIs and Dashboards for the 2023 CFO The Remote CFO’s Guide to Closing the Books from Home Crisis Planning for the Short and Long Term: Advice from Leading CFOs Generation CFO Link: [link] Generation CFO is not interested in the traditional operational structure of corporations.

KPI 105

KPI Finance Dashboards Digital Transformation 105

CIO Business Intelligence

NOVEMBER 8, 2023

It is estimated by the end of 2023, 31% of organizations expect to run 75% of their workloads 2 in the cloud. 1 The rapid migration to the public cloud comes with numerous benefits, such as scalability, cost-efficiency, and enhanced collaboration. 6 On top of that, the average cost of a data breach is over $4.4

Cost-Benefit 135

Cost-Benefit Risk Digital Transformation Reporting 135

CIO Business Intelligence

FEBRUARY 16, 2024

For most organizations, a shift to the cloud brings scalability, access to innovative tools, and the possibility of cost savings. When you’re introducing many new applications, the ease of getting them up and running and lowered costs [on the cloud] is tremendously beneficial,” he says. An early partner of Amazon, the Roseburg, N.J.-based

Digital Transformation 116

Digital Transformation Experimentation Cost-Benefit Machine Learning 116

CIO Business Intelligence

NOVEMBER 8, 2023

in September, 2023, the price pressures facing IT have persisted. The technology talent gap continues to inflate labor costs, too, despite big layoffs in high tech, CIOs say, and they’ve seen double-digit increases in SaaS and cloud costs over the last two years. in June, 2022, to 3.7% Here’s how.

IT 133

IT Cost-Benefit Digital Transformation Software 133

CIO Business Intelligence

MARCH 5, 2024

So after two years of transformation, Elfering is striking a positive balance. Today, we have effective, cost-effective IT,” he says. “We With the transformation in one big step, IT at Elfering is also more flexible and transparent. IT transformation is a people job,” he says. We can react faster.”

IT 105

IT Digital Transformation Cost-Benefit Strategy 105

Cloudera

JANUARY 5, 2023

In the past year, businesses who doubled down on digital transformation during the pandemic saw their efforts coming to fruition in the form of cost savings and more streamlined data management. However, a significant amount of this spend is wasted as organizations struggle to optimize costs effectively. .

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

CIO Business Intelligence

JANUARY 3, 2024

The solution is cloud based, scalable, cost-effective, and easy to implement and manage. One of the features of this solution came from an IBM Consulting hackathon that took place in France in March 2023. If this sounds like your company, you could benefit from the expertise and solutions provided by IBM and AWS.

B2B 126

B2B Insurance Consulting Cost-Benefit 126

CIO Business Intelligence

APRIL 11, 2024

In 2023, nearly one-third of U.S. Because AI can crunch down and produce actionable data in seconds to significantly improve operational efficiency, cost optimization, service delivery, and compliance. What are the business benefits of innovation in government? Digital Transformation

Cost-Benefit 104

Cost-Benefit Predictive Analytics Data-driven Risk 104

CIO Business Intelligence

FEBRUARY 29, 2024

Everest Group, which monitors 8,500 captive centers around the world, counted 452 new setups in 2023. Captive centers are no longer just means of value creation, providing cost savings and driving process standardization. The upside of captives today Some benefits of captive centers are the same as ever.

Cost-Benefit 116

Cost-Benefit Risk Modeling Strategy 116

CIO Business Intelligence

DECEMBER 11, 2023

The SAP Build Process Automation project helped us to achieve our reduced cost and increased efficiency annual target,” says Xiangyi Bao, CGA president. More than 35 million yuan (nearly $5 million) has been saved annually in labor costs. Digital Transformation Makes one’s head spin, doesn’t it? Problem solved.

Manufacturing 105

Manufacturing Cost-Benefit Sales Digital Transformation 105

CIO Business Intelligence

JANUARY 16, 2023

Choice Hotels International’s early and big bet on the cloud has allowed it to glean the many benefits of its digital transformation and devote more energies to a key corporate value — sustainability, its CIO maintains. It also helped reduce energy consumption and costs.

Cost-Benefit 144

Cost-Benefit Digital Transformation Data Warehouse Data-driven 144

CIO Business Intelligence

JANUARY 22, 2024

In turn, threat actors have continued to exploit the vulnerabilities companies exposed themselves to, including those publicly identified, in keeping pace with rapid digital transformation efforts. McKinsey & Company estimates that the annual increase of costs related to cybercrime will reach $10.5

Digital Transformation 124

Digital Transformation Risk Cost-Benefit Risk Management 124

CIO Business Intelligence

JULY 6, 2023

One thing is for sure – meeting ESG goals can drive value if it can be done consistently, with automation and minimal costs. Automation, integration and consistency make it flow By the end of 2023, companies in Germany with more than 3,000 employees must have implemented the due diligence obligations under SCDDA.

Cost-Benefit 94

Cost-Benefit Risk Digital Transformation Risk Management 94

CIO Business Intelligence

DECEMBER 29, 2023

With the merging of operational efficiency and embracing new technologies, today’s CIOs are under increasing pressure to do more with less and become both technologists and business leaders, says Sunny Azadeh, CIO at digital services company GlobalLogic. “In

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

NOVEMBER 8, 2023

Maintaining them through upgrades and ensuring compatibility with core systems was draining, costing too much time and money. This was limiting the ability of Union Pacific to focus on new digital innovations, automation, and business model changes. Digital Transformation Union Pacific had over 100 custom applications.

Cost-Benefit 126

Cost-Benefit Digital Transformation Data-driven Finance 126

IBM Big Data Hub

NOVEMBER 30, 2023

The cyberthreat landscape is evolving and countries such as India are facing an alarming rate of increase in cyberattacks ( Q2 of 2023 saw a 90% increase ). Driven by accelerated hybrid cloud adoption and digital transformation efforts, the region is currently a beacon of innovation and a battleground for cyberthreats.

Cost-Benefit 74

Cost-Benefit Digital Transformation Data-driven Strategy 74

CIO Business Intelligence

AUGUST 1, 2023

For a good night’s sleep Today, agribusinesses, including farmers, must deal with domestic and global competition, shrinking resources, rising material and transportation costs, labor shortages, environmental issues and regulations, and more. Technology is the path to benefit the entire ecosystem.” Reaping those benefits More than 5.8

Cost-Benefit 98

Cost-Benefit Digital Transformation ROI Marketing 98

CIO Business Intelligence

SEPTEMBER 25, 2023

Its challenge was not the typical digital transformation from within, which was already under way at the time, but a shift of its product offerings from industrial control hardware to software-as-a-service priced with a subscription-based maintenance model its customers were adopting with other partners.

Modeling 105

Modeling Manufacturing Digital Transformation Cost-Benefit 105

CIO Business Intelligence

JANUARY 9, 2024

IT leaders say they’re discussing everything from the costs of AI implementations to whether AI is the existential threat to humanity some fear. The October 2023 CEO Outlook Pulse from professional services firm EY reported that 99% of chief executives were planning to invest in generative AI.

IT 140

IT Risk Cost-Benefit Enterprise 140

CIO Business Intelligence

FEBRUARY 17, 2023

In fact, the 150-year-old OEM used the business slowdown to develop its digital transformation strategy to reinvent itself internally and grow the internal value of the company, as well as the external value it provides its customers, says Mike Lee, senior vice president and CIO of Konica Minolta Business Solutions USA.

Digital Transformation 105

Digital Transformation IoT Manufacturing Sales 105

CIO Business Intelligence

SEPTEMBER 25, 2023

Digital transformation has become an essential part of business success. According to TEKsystems’ 2023 State of Digital Transformation , 41% of organizations’ digital transformation (DX) initiatives have failed to achieve their desired outcomes. That’s not digital transformation.

Digital Transformation 145

Digital Transformation Measurement Data-driven Metrics 145

CIO Business Intelligence

AUGUST 22, 2023

To handle complex transformation projects and respond quickly to external threats, CIOs must ensure their organization’s tech stack is lean and nimble. They’re turning to ‘as-a-service’ solutions to streamline their tech stack and reap the benefits of this consumption-based model. CIO, Digital Transformation, IT Leadership

Digital Transformation 98

Digital Transformation Cost-Benefit Marketing Metrics 98

CIO Business Intelligence

OCTOBER 21, 2022

But, with all this growth comes new potential costs. Amid a fast-changing landscape, contact center executives have a critical task: Keep pace and grow while also reducing costs and driving efficiency. Let’s look at four key decisions that can fuel effective cost management in contact centers. billion by 2030, a CAGR of 24.8%.

Cost-Benefit 96

Cost-Benefit Testing Metrics Marketing 96

IBM Big Data Hub

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. The benefits of strategic sourcing are vast, ranging from overall supply chain process optimization to more cost-effective, long-term relationships with partners.

Cost-Benefit 87

Cost-Benefit Scorecard Risk Recreation/Entertainment 87

CIO Business Intelligence

DECEMBER 19, 2022

Marketing is becoming digitally transformed through the adoption of new cloud-based marketing applications. In times of scarce digital and marketing skills availability, this is a seriously important benefit. This is expected to rise to an almost ubiquitous level of 96% by 2026.

Advertising 97

Advertising Cost-Benefit Metrics Marketing 97

IBM Big Data Hub

AUGUST 15, 2023

TCS has deep expertise in digital and business solutions, engineering, and IT infrastructure services. Since its founding in 1968, TCS has been providing world-class services and consulting to clients, consistently delivering transformational results. ” —Sureshkumar J, TCS iSeries Chief Architect.

Consulting 64

Consulting Cost-Benefit Digital Transformation Testing 64

CIO Business Intelligence

FEBRUARY 13, 2023

The economy may be looking uncertain, but technology continues to drive the business and CIOs are investing big in 2023. The numbers are higher from Foundry’s 2023 State of CIO survey , which finds that 91% of CIOs expect their tech budgets to either increase or stay the same in 2023. in 2023, the firm says.

IT 145

IT Insurance Machine Learning Marketing 145

CIO Business Intelligence

APRIL 5, 2023

Employers benefitted too, releasing some of their real estate for savings on facility costs and reducing travel expenses. We’re settling on a hybrid model of digital work. ©2023 Intellyx LLC. Digital Transformation The Intellyx Take Work has changed forever.

Cost-Benefit 116

Cost-Benefit Metrics Measurement Digital Transformation 116

CIO Business Intelligence

JUNE 16, 2023

For MoneyGram International, migrating workloads from the mainframe to the cloud has been a boon for the bottom line — and a lifeline against increasing market disruption from digital money-transfer upstarts. We’d set a goal as an organization to get 50% of our international money transfers onto digital platforms by the end of 2024.

Digital Transformation 98

Digital Transformation Cost-Benefit Marketing Strategy 98

IBM Big Data Hub

JANUARY 16, 2024

Listen: The Art of AI featuring a Financial Industry perspective with Citigroup Trend: Generative AI One of the, if not the, biggest technological advancements made in 2023 was generative AI. Trend: Customer experience One true benefit of AI-powered technology is the customer experience , or CX. One example of this is in insurance.

Risk Management 51

Risk Management Insurance Cost-Benefit Risk 51

CIO Business Intelligence

JANUARY 5, 2024

Then in March, the pandemic hit and hotel activity stopped, but it gave us the chance to accelerate the company’s transformation and digitalization process that started in 2018 with a five-year plan. This plan covers from 2018 to 2023. This helps us go faster, be more efficient and decrease the cost of change or transformation.

IT 116

IT Finance Cost-Benefit Strategy 116