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

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

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 96

Cost-Benefit Risk Digital Transformation Risk Management 96

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

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. back for every $1 invested in AI.

IT 140

IT Risk Cost-Benefit Enterprise 140

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

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

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 97

Cost-Benefit Testing Metrics Marketing 97

CIO Business Intelligence

DECEMBER 19, 2022

Marketing is becoming digitally transformed through the adoption of new cloud-based marketing applications. This is particularly important considering a recent Forbes report that said 83% of communications and marketing professionals report burnout, the worst rate among job functions.

Advertising 97

Advertising Cost-Benefit Metrics Marketing 97

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. CIOs in organizations already with ESG maturity adopt data management, ESG reporting, and risk tools. This will have a knock-on environmental benefit.

Consulting 105

Consulting Cost-Benefit Insurance Finance 105

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 74

Analytics Cost-Benefit ROI Business Objectives 74

CIO Business Intelligence

OCTOBER 23, 2023

As a result, most IT functions have seen budget increases, support for more staff, and higher involvement in shaping enterprise strategy , according to multiple reports. Consider the findings of a report from professional services firm Accenture. Digital Transformation, IT Leadership, IT Strategy

IT 137

IT Consulting Scorecard Key Performance Indicator 137

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

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. The aim is to integrate the two infrastructures by September 2023.

Interactive 113

Interactive Manufacturing Cost-Benefit Digital Transformation 113

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

DECEMBER 18, 2023

As enterprises look to address these requirements and achieve growth while adopting innovative AI and hybrid cloud technologies, IBM will continue to meet clients wherever they are in their journeys by helping them make workload placement decisions based on resiliency, performance, security, compliance and cost. All rights reserved.

Digital Transformation 71

Digital Transformation Risk Data Processing Enterprise 71

CIO Business Intelligence

OCTOBER 16, 2023

Instead, failure today means an IT project doesn’t deliver some or all its expected benefits, according to CIOs, project leaders, researchers, and IT consultants. Those benefits go away when a business sponsor is MIA. In other words, IT project failure now is more about missed marks than technological disasters.

IT 136

IT Cost-Benefit Management Digital Transformation 136

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 98

Strategy Risk Enterprise Risk Management 98

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 69

Cost-Benefit Data Processing Optimization Software 69

Cloudera

JANUARY 14, 2021

Blended use brick and mortar enable better pricing and convenience to consumers than digital pure-plays, and physical stores now serve as micro-fulfillment centers—through BOPIS (buy online, pick-up in-store) or curbside delivery—and drive down overall cost-to-serve.

Cost-Benefit 68

Cost-Benefit Digital Transformation Sales IoT 68

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 98

Strategy Cost-Benefit Data-driven Digital Transformation 98

CIO Business Intelligence

NOVEMBER 16, 2022

As the new year approaches, so will a litany of predictions regarding the biggest issues facing CIOs in 2023. The results showed a real dichotomy between the desire for more choice and control over employee work lives versus the toll that some changes have created in the form of isolation, loneliness, increased workloads and costs.

Cost-Benefit 52

Cost-Benefit Uncertainty Digital Transformation Strategy 52

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

DECEMBER 27, 2023

These countries offer competitive salaries, a lower cost of living compared to other major tech hubs, and better opportunities for quality of life and work-life balance. Rotterdam, The Hague, Utrecht, and Eindhoven are other vibrant Dutch tech hubs. Additionally, Adobe Systems, 3M, Nokia, IBM, and Hewlett-Packard all have offices in the area.

Cost-Benefit 137

Cost-Benefit Reporting Software Digital Transformation 137

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

NOVEMBER 17, 2023

Managed service provider business model Managed service providers structure their business to offer technology services cheaper than what it would cost an enterprise to perform the work itself, at a higher level of quality, and with more flexibility and scalability. Similarly, adding capacity during temporary business surges can be difficult.

Management 130

Management IT IoT Cost-Benefit 130

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

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

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 103

Data Processing Cost-Benefit Software Digital Transformation 103

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 79

Data Warehouse Cost-Benefit Recreation/Entertainment Unstructured Data 79

CIO Business Intelligence

MAY 3, 2023

The Galloo mission is to ecologically recycle metals – converting waste metal materials into new raw materials in a way that benefits the environment, prevents depleting our scarce resources, and reduces and manages the whole process in a clean way. Digital Transformation

Cost-Benefit 52

Cost-Benefit Digital Transformation Optimization Technology 52

CIO Business Intelligence

JULY 5, 2023

“Without proactive support, this large community may be excluded from our increasingly digital world.” Those with sight, neurodiversity or motor skills illnesses are often excluded from the benefits of the internet, but forthcoming legislation will go some way toward correcting this oversight. billion in lost revenue.

Cost-Benefit 98

Cost-Benefit Recreation/Entertainment Marketing Digital Transformation 98

IBM Big Data Hub

MARCH 28, 2024

As cloud computing continues to transform the enterprise workplace, private cloud infrastructure is evolving in lockstep, helping organizations in industries like healthcare, government and finance customize control over their data to meet compliance, privacy, security and other business needs. billion in 2023.

Enterprise 109

Enterprise Cost-Benefit Data Processing Software 109

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

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. to total $678.8

Strategy 102

Strategy Cost-Benefit Risk Optimization 102

datapine

DECEMBER 11, 2019

SaaS is a software distribution model that offers a lot of agility and cost-effectiveness for companies, which is why it’s such a reliable option for numerous business models and industries. A Betterbuys report reveals that the specific expenditure in the U.S. billion by 2022—a level of growth that will shape SaaS trends in 2020.

Software 314

Software Cost-Benefit Data Processing Data-driven 314