Remove 2023 Remove Digital Transformation Remove IoT Remove Reporting
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What is digital transformation? A necessary disruption

CIO Business Intelligence

Once a vanguard business strategy, digital transformation has become a perennial objective for business survival. Most CEOs (72%) continue to prioritize digital investments, according to the 2022 CEO Outlook report from KPMG, in part due to concerns about emerging and disruptive technology, a top three risk to organizational growth.

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P&G enlists IoT, predictive analytics to perfect Pampers diapers

CIO Business Intelligence

The project, which earned Proctor & Gamble a 2023 CIO 100 Award for IT innovation and leadership, has had a profoundly material impact on the manufacturing floor. Business demand for baby care products is extremely high, and the production lines needed to create these products are asset-intensive,” the company reports. “P&G’s

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DEWA’s Smart Ball technology saved last year 243 million gallons of water

CIO Business Intelligence

million in 2023. Since its utilisation in April 2021 and until the end of 2023, the Smart Ball technology detected 81 leaks in the water transmission network in Dubai. These include AI, drones, blockchain technology, Internet of Things (IoT), and more,” says said HE Saeed Mohammed Al Tayer, MD & CEO of DEWA.

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3 business benefits of stronger security using Zero Trust principles

CIO Business Intelligence

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. investments because they deal with the security barriers that tend to slow down IoT, 5G, and SD-WAN adoption.

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The impact of AI on edge computing

CIO Business Intelligence

over the 2023-2027 forecast period 1. It’s like having a mini data center right where the action happens.IDC reports worldwide spending on edge computing is expected to reach $232 billion in 2024, an increase of 15.4% over 2023 2. billion in 2027 with a compound annual growth rate (CAGR) of 86.1%

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IT leaders explore footing amid shifting needs and the AI power struggle

CIO Business Intelligence

While 2023 brought on many changes to IT departments around the world, by far the biggest surprise was generative AI. ChaptGPT was announced in November 2022 and hit the world by surprise,” says Patrick Thompson, former chief information and digital transformation officer at Albemarle.

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Why CIOs should invest in digital through economic headwinds

CIO Business Intelligence

But released the next day, the 2023 Gartner CIO and Technology Executive Survey revealed that EMEA-based CIOs expect IT budgets to increase 4.4% Artificial Intelligence, Digital Transformation, Innovation, Machine Learning on average over the next year, somewhat lower than the projected 6.5% global inflation rate.