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

IBM Big Data Hub

MAY 17, 2024

” Given the statistics—82% of surveyed respondents in a 2023 Statista study cited managing cloud spend as a significant challenge—it’s a legitimate concern. An examination of cloud capabilities and maturity is a key component of this digital transformation and cloud adoption presents tremendous upside.

Modeling 81

Modeling Cost-Benefit Optimization Digital Transformation 81

CIO Business Intelligence

JANUARY 3, 2024

AI can help optimize processes in many different ways, for example: customers’ speech and text into different languages, dialects, or accents. They have created a joint solution that combines Amazon Connect with additional features from IBM Consulting to optimize and personalize customer communication. Digital Transformation

Insurance 126

Insurance B2B Consulting Cost-Benefit 126

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. 3- Continued move to the public cloud and hybrid cloud, optimizing deployments.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

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

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

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 105

Cost-Benefit Predictive Analytics Data-driven Risk 105

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

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

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. Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms.

Cost-Benefit 85

Cost-Benefit Scorecard Risk Recreation/Entertainment 85

Cloudera

OCTOBER 30, 2023

Agility, innovation, and time-to-value are the key differentiators cloud service providers (CSP) claim to help organizations speed up digital transformation projects and business objectives. The main challenges are pointed out as a lack of resources/expertise, security, and from a different perspective, cloud cost management.

Analytics 75

Analytics Cost-Benefit ROI Business Objectives 75

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

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

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. This upgrade resulted in improved overall performance.

Consulting 62

Consulting Cost-Benefit Digital Transformation Testing 62

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

CIO Business Intelligence

OCTOBER 23, 2023

According to its 2023 research paper Total Enterprise Reinvention , “only 8% of companies are moving to adopt a strategy of Total Enterprise Reinvention.” Meanwhile, 86% are what Accenture deemed “transformers,” meaning they’re “transforming parts of their business rather than the whole. “IT IT needs to go beyond that.

IT 137

IT Consulting Scorecard Key Performance Indicator 137

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

IBM Big Data Hub

AUGUST 16, 2023

It is poised to transform businesses and industries, revolutionize how employees and other stakeholders collaborate, and drive digital transformation initiatives. Gartner predicted that cloud spending would reach nearly $600 billion by the end of 2023.

Cost-Benefit 68

Cost-Benefit Data Processing Optimization Software 68

CIO Business Intelligence

APRIL 19, 2022

Vendors, by making indistinguishable claims about digital transformation and process automation, suggest similar outcomes. Digital transformation cannot be achieved through purely tech-enabled, service-led approaches, with the promise to build autonomous enterprises with low code, flexible applications, etc.

Digital Transformation 111

Digital Transformation Insurance ROI Business Objectives 111

IBM Big Data Hub

NOVEMBER 8, 2023

At the beginning of the year, we laid out a new strategy for IBM Power under the leadership of Ken King, who will be retiring by the end of 2023 after forty years with IBM. Oracle will be releasing Oracle Database 23c on Power , as part of their next Long Term Release as reported in April 2023.

Strategy 97

Strategy Cost-Benefit Data-driven Digital Transformation 97

CIO Business Intelligence

AUGUST 21, 2023

Atos earns the 2023 VMware Partner Worldwide Lifecycle Services Award for enabling end-to-end digital transformations True transformation is often a team effort. No matter what type of transformation, working with a trusted partner can make all the difference.

Digital Transformation 98

Digital Transformation Cost-Benefit Software Manufacturing 98

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. Change Management, Digital Transformation, IT Leadership

IT 98

IT Sales Manufacturing Cost-Benefit 98

CIO Business Intelligence

SEPTEMBER 13, 2023

Years into digital transformation, and decades into the IT function itself, many CIOs still fall short when it comes to innovation. Indeed, 50% of C-suite execs surveyed for a 2023 report on digital transformation from fintech company Broadridge admitted they struggle to balance innovation with daily tasks.

IT 136

IT Digital Transformation Risk Cost-Benefit 136

CIO Business Intelligence

OCTOBER 3, 2023

With demand for low-cost energy ever increasing, along with competition from renewable sources of energy, ConocoPhillips is leveraging digital twins to optimize the safety and efficiency of its assets. Dubbed the ConocoPhillips Global Digital Twin Program, it’s earned ConocoPhillips a 2023 CIO 100 Award in IT Excellence.

Digital Transformation 122

Digital Transformation Cost-Benefit Data Processing Optimization 122

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 130

Digital Transformation Cost-Benefit ROI Manufacturing 130

CIO Business Intelligence

AUGUST 2, 2023

Benefits of composable architecture Embracing a composable architecture empowers your business to compose building blocks with unparalleled flexibility, opening doors to new opportunities for innovation. The industry shift toward composability As the digital landscape rapidly evolves, businesses are reevaluating their system architectures.

Cost-Benefit 98

Cost-Benefit Experimentation Digital Transformation Optimization 98

IBM Big Data Hub

MAY 9, 2023

The solution is currently in a closed beta phase and is expected to be generally available in July 2023. Through workload optimization an organization can reduce data warehouse costs by up to 50 percent by augmenting with this solution. [1] What is watsonx.data?

Data Warehouse 77

Data Warehouse Cost-Benefit Recreation/Entertainment Unstructured Data 77

CIO Business Intelligence

NOVEMBER 28, 2023

An exclusive survey of 207 companies conducted by Foundry for Palo Alto Networks and Accenture across North America, the UK, Germany, and France, revealed that boosting IT and data security was their top priority for 2023. The report found that only 25% regard their digital transformation program as advanced.

Management 115

Management Cost-Benefit Enterprise Digital Transformation 115

IBM Big Data Hub

APRIL 4, 2024

In a report from Technavio (link resides outside ibm.com), the private cloud services market size is estimated to grow at a CAGR of 26.71% between 2023 and 2028, and it is forecast to increase by USD 619.08 Private cloud combines the main benefits of cloud computing—chiefly on-demand access to computing resources (e.g.,

Data Processing 100

Data Processing Cost-Benefit Software Digital Transformation 100

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. In addition, the percentage of corporate-backed deals in early seed rounds increased from 10% in 2021 to 18% in 2022. But CIOs should remain strategic.

Key Performance Indicator 105

Key Performance Indicator Cost-Benefit Enterprise Experimentation 105

CIO Business Intelligence

SEPTEMBER 1, 2023

based semiconductor giant opted to implement SDN within its chip-making facilities for the scalability, availability, and security benefits it delivers. Intel’s core partner on the SDN project is confident the benefits will continue to have a sizable benefit — even for a company of Intel’s size.

Manufacturing 130

Manufacturing IT Cost-Benefit IoT 130

CIO Business Intelligence

MAY 3, 2023

It is a flow that requires precision and speed to optimize the processes in order to buy waste materials, manage recycling operations, and sell newly recycled metals with minimal waste and maximum efficiency. Without integrated business flows and monitoring of KPIs expensive delays and costs can be incurred. Digital Transformation

Cost-Benefit 52

Cost-Benefit Digital Transformation Optimization Technology 52

CIO Business Intelligence

JULY 24, 2023

But Donagh Herlihy , the company’s chief digital and information officer, has a corporate-level solution to help each individual store determine “the sweet spot of pricing” to optimize profitability for that restaurant. For Herlihy, identifying ways to drive revenue growth is all in a day’s work for modern tech execs.

IT 98

IT Sales Business Objectives Marketing 98

IBM Big Data Hub

JANUARY 30, 2024

Increasingly, enterprise organizations are adopting a multicloud approach—the use of cloud services from more than one cloud vendor—to optimize performance, control costs and prevent vendor lock-in. billion in 2023. Uncontrolled costs: More clouds and cloud services translate into more cloud bills.

Strategy 99

Strategy Cost-Benefit Risk Optimization 99

CIO Business Intelligence

AUGUST 15, 2023

With the avatar deployed, CSN officials plan to measure whether Digital President Zaragoza improves student engagement, learning outcomes, student satisfaction, retention, and accessibility, in addition to producing time and costs savings. Oshkosh tracks manufacturing assets with IoT Organization: Oshkosh Corp.

IT 98

IT Manufacturing IoT Cost-Benefit 98

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 107

Enterprise Cost-Benefit Data Processing Software 107

CIO Business Intelligence

OCTOBER 18, 2022

The project, expected to cost US$400,000, will be initially piloted at the Bangalore amusement park in 2023. One band delivers multiple business benefits. In addition, the marketing, F&B, and retail team can improve their operations by persona creation for more optimized media spending and partnerships.

Data Lake 98

Data Lake Cost-Benefit Digital Transformation Data Warehouse 98