CIO Business Intelligence

NOVEMBER 15, 2023

Many businesses are eyeing the potential of artificial intelligence (AI) and machine learning (ML) to transform ERP. Your ability to reap the rewards of that potential may depend on how far along you are with digital transformation. Not everyone concedes the benefits of AI and ERP, she says. Is it really for you?

Digital Transformation 123

Digital Transformation Cost-Benefit ROI Manufacturing 123

CIO Business Intelligence

DECEMBER 11, 2023

With each brand comes a Dealer Management System (DMS) from the car manufacturer. A DMS is a software platform used by car dealers to manage a particular brand inventory, manufacturer incentives, customer information, and more. More than 35 million yuan (nearly $5 million) has been saved annually in labor costs. Problem solved.

Manufacturing 95

Manufacturing Cost-Benefit Sales Digital Transformation 95

CIO Business Intelligence

AUGUST 17, 2023

The COVID-19 global pandemic exposed the fragility of manufacturing supply chains, causing substantial shortages of essential products such as medical supplies, critical minerals, and semiconductors. A balancing act Digital transformations are notoriously difficult to scale up across networks of factories.

Manufacturing 92

Manufacturing Cost-Benefit Digital Transformation Risk 92

CIO Business Intelligence

SEPTEMBER 25, 2023

That’s why, in the summer of 2021, Chris Nardecchia, SVP and chief digital and information officer, set about enabling a transformation that would change Rockwell’s business before it lost ground to a new class of hungry competitors. There is much more personalization.

Modeling 99

Modeling Manufacturing Digital Transformation Cost-Benefit 99

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. This is especially so in industries like telecom, retail, healthcare, manufacturing, insurance, and financial services.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

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 117

Digital Transformation Risk Cost-Benefit Risk Management 117

CIO Business Intelligence

MAY 13, 2024

Overall, IT projects are meant to create a leaner, more profitable company, says Bilker, CIO of manufacturer Lift Solutions Holding. The study identified the top CEO priorities as, among others, leading digital transformation, reducing security risk, strengthening collaboration with executive colleagues, and implementing AI.

IT 126

IT Digital Transformation ROI Strategy 126

CIO Business Intelligence

FEBRUARY 17, 2023

Tokyo-based printer manufacturer Konica Minolta, for instance, is seeing a jump in business that its US subsidiary CIO cannot quantify now but is confident will show in future earnings. The connected office of the future Lee, formerly an IT exec at GE for 21 years, says Konica Minolta is celebrating its 150th year in business in 2023.

Digital Transformation 104

Digital Transformation IoT Manufacturing Sales 104

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 133

Cost-Benefit Digital Transformation Consulting Strategy 133

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 80

Cost-Benefit Scorecard Risk Recreation/Entertainment 80

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 123

IT Risk Cost-Benefit Enterprise 123

IBM Big Data Hub

MARCH 28, 2024

billion in 2023. Private cloud combines the primary benefits of cloud computing (e.g., A hybrid cloud unifies public cloud, private cloud and traditional on-premises to create a single, flexible and cost-efficient IT infrastructure. billion by 2033, up from USD 92.64 What is a private cloud? Zoom, Adobe, Salesforce).

Enterprise 100

Enterprise Cost-Benefit Data Processing Software 100

CIO Business Intelligence

AUGUST 22, 2023

It is no longer enough to manufacture and ship a piece of hardware. To handle complex transformation projects and respond quickly to external threats, CIOs must ensure their organization’s tech stack is lean and nimble. Often, they are charged with leading digital transformation in their companies, creating tangible outcomes and value.

Digital Transformation 94

Digital Transformation Cost-Benefit Marketing Metrics 94

CIO Business Intelligence

MAY 26, 2023

When Reliance Polyester — a subsidiary of global conglomerate Reliance Industries — completed its acquisition of polyester business Shubhalakshmi Polyesters (SPL) in March 2023, Dr. Amrut Urkude, CIO of SPL, took over as CIO of Reliance Polyester. It is divided into three verticals — business IT, manufacturing IT, and central IT.

Interactive 89

Interactive Manufacturing Cost-Benefit ROI 89

CIO Business Intelligence

MAY 24, 2023

manufactured his own line of medicines to ensure high quality and low prices. The retailer doesn’t have to incur the cost of purchasing and stocking vendor inventory. Walgreens has improved its efficiency, cut costs, and created a better work environment for its employees, eliminating the time and effort required for fixes.

Cost-Benefit 57

Cost-Benefit Sales Digital Transformation Manufacturing 57

CIO Business Intelligence

JUNE 6, 2023

The implication is that while some businesses are cutting costs and many tech companies are announcing layoffs, forward-looking enterprises are investing and collaborating with startups. CEO, and principal of smart manufacturing at Connektedminds, suggests that CIOs envision how the startup relationship might evolve longer term.

Key Performance Indicator 104

Key Performance Indicator Cost-Benefit Enterprise Experimentation 104

CIO Business Intelligence

APRIL 20, 2023

His concerns are backed up by the Intergovernmental Panel on Climate Change (IPCC), which on March 20, 2023, said it’s unlikely the world will keep to its Paris Climate Accord promises. They can cut costs and generate additional revenue streams.” This will have a knock-on environmental benefit.

Consulting 88

Consulting Insurance Cost-Benefit Finance 88

CIO Business Intelligence

AUGUST 15, 2023

From healthcare to manufacturing, this year’s award winners span a wide range of industries, proving once again the impact information technology has in reshaping business and society at large. The project has been transformative for Generac’s business.

IT 93

IT Manufacturing IoT Cost-Benefit 93

CIO Business Intelligence

AUGUST 7, 2023

According to the 2023 State of the CIO research , 85% of IT leaders have come to view the CIO role through the lens of changemaker — a vantage point not likely to shift as the role becomes more digital and innovation focused. When the manufacturing plant started the program, they had a multi-day retreat, which I personally attended.

IT 85

IT Sales Manufacturing Cost-Benefit 85

CIO Business Intelligence

AUGUST 8, 2023

For leading snack manufacturer Frito-Lay, direct-to-store delivery is essential business. billion through this model, which enhances efficiency and slashes labor costs by reducing the number of touchpoints. Digital Transformation, IT Leadership, Retail Industry

Modeling 97

Modeling IT Sales Cost-Benefit 97

CIO Business Intelligence

JULY 31, 2023

Just look at the stats:Some 45% of 2,500 executives polled for a May 2023 report from research firm Gartner said the publicity around ChatGPT prompted them to increase their AI investments, 70% said their organization is already exploring gen AI, and 19% are in actual pilot or production mode. This is an issue for CIOs.

Strategy 95

Strategy Risk Enterprise Risk Management 95

IBM Big Data Hub

AUGUST 15, 2023

Here are some of the ways organizations today are making that shift and reaping the benefits of AI in a practical and ethical way. Recent AI developments are also helping businesses automate and optimize HR recruiting and professional development, DevOps and cloud management, and biotech research and manufacturing.

IT 76

IT Data Governance Modeling Cost-Benefit 76

CIO Business Intelligence

JUNE 29, 2022

As cloud adoption has continued to rise in recent years in response to businesses’ need for agility, cost savings, innovation, and digital transformation, organizations are faced with new challenges and opportunities that impact business operations. And that is because there are many factors that go into cloud costs.

Cost-Benefit 76

Cost-Benefit Data-driven Digital Transformation Manufacturing 76

Jet Global

JUNE 21, 2021

The cost of World War I and post-war reconstruction helped create modern corporate taxation. The Digital Transformation of Tax Administration. Digital transformation of tax administration is a journey that will take many years,” says the FTA, “and requires many pieces to fit together to realize the full benefits.

Recreation/Entertainment 98

Recreation/Entertainment Digital Transformation Finance Reporting 98