2023 Cost-Benefit Manufacturing Risk Management 
CIO Business Intelligence
DECEMBER 19, 2023
This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control.
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.
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IBM Big Data Hub
FEBRUARY 19, 2024
The challenges continue: one 2023 survey found 44% of companies had to make changes in the past year due to issues with their supply chain footprint, and 49% said supply chain disruptions had caused planning problems. Access the Food Trust ebook Building strong partnerships Strong relationships are a key part of any business strategy.
CIO Business Intelligence
JANUARY 22, 2024
McKinsey & Company estimates that the annual increase of costs related to cybercrime will reach $10.5 trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue.
CIO Business Intelligence
DECEMBER 29, 2023
“The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Building and deploying intelligent automation CIOs will need to operate more efficiently by accelerating the benefits of automation.
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. In contrast, CEOs didn’t even list AI in their top 10 priorities for CIOs in 2023. To do that, Bilker and his IT team are bringing its disparate data sets together in a data lakehouse.
CIO Business Intelligence
DECEMBER 7, 2022
Gartner predicts 2023 IT spending will grow 5.1% Security tops the list According to this year’s State of the CIO survey , cybersecurity and risk management are the top investment areas for 45% of IT leader respondents. Cloud-related services’ cost has risen by between 5% and 7% this year compared to last, IDC says.
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