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 142

Digital Transformation Measurement Data-driven Metrics 142

CIO Business Intelligence

NOVEMBER 20, 2023

Generative AI and, more specifically, ChatGPT captivated the corporate world in 2023, with board directors, CEOs, and other executives fawning (and sometimes fearing) the technology. IBM, for one, found that the average ROI on enterprise-wide AI initiatives at 5.9% with best-in-class companies “reaping an enviable 13% ROI.”

Technology 123

Technology IT ROI Software 123

Cloudera

SEPTEMBER 19, 2023

Data is the lifeblood of modern business, the fuel that powers digital transformation, and every company should have a data strategy. CDO ties data strategy to ROI Data-related decisions should be made with ROI in mind. That being the case, you need a CDO to spearhead and defend that strategy.

IT 78

IT Data Strategy ROI Data-driven 78

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 96

Modeling Cost-Benefit Optimization Digital Transformation 96

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 FinOps framework is helping organizations to obtain the best ROI for their cloud transformation. Why FinOps?

Analytics 79

Analytics Cost-Benefit ROI Business Objectives 79

CIO Business Intelligence

AUGUST 1, 2023

Increased productivity has helped increase profitability with a 15% improvement in return on investment (ROI). Digital Transformation Customers using the solution have improved their productivity by 20% on average and reduced the environmental impact of their business by an average of 30%. Picked to be a finalist “BIT S.A.,

Cost-Benefit 79

Cost-Benefit ROI Digital Transformation Marketing 79

CIO Business Intelligence

AUGUST 21, 2023

No one denies its transformative potential, but digital leaders say a majority of people seem to think generative AI, which Gartner recently placed at the peak of inflated expectations in its 2023 hype cycle , has more capabilities than it does — at least at this time. Consider some recent survey findings.

Technology 145

Technology IT Uncertainty Reporting 145

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 129

Cost-Benefit Digital Transformation Consulting Strategy 129

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 87

Interactive Manufacturing Cost-Benefit ROI 87

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 100

Digital Transformation Insurance ROI Business Objectives 100

CIO Business Intelligence

APRIL 11, 2023

By 2027, 70% of healthcare organizations will rely on digital-first strategies to empower patients to take a more active role in health responsibilities and experiences, notes IDC in its FutureScape Worldwide Healthcare Industry 2023 Predictions report. Digital Transformation, IT Leadership

Modeling 97

Modeling IT Strategy Uncertainty 97

BizAcuity

APRIL 25, 2022

According to Statista, the US online gambling market is expected to reach $93 billion by 2023 from $67 billion in 2022. . The casino operators are expected to face known challenges of rising competition, decreasing ROI, and a high churn rate. ROI is sacrosanct for a casino business. No ROI, no investment.

Marketing 52

Marketing Strategy ROI Digital Transformation 52

CIO Business Intelligence

AUGUST 7, 2023

It’s this drive to help customers grow and succeed that led Wipro to launch a dedicated business unit focused on streamlining VMware implementations and accelerating deployments of applications to quickly deliver clients’ ROI. Digital Transformation

Digital Transformation 77

Digital Transformation ROI Enterprise Manufacturing 77

CIO Business Intelligence

MAY 14, 2024

Por el contrario, los CEO ni siquiera incluyeron la IA entre sus 10 prioridades para los CIO en 2023. Business IT Alignment, CEO, CIO, Digital Transformation, IT Leadership, IT Strategy Otros informes también destacan el gran interés de los CEO por la IA.

IT 84

IT B2B ROI Digital Transformation 84

CIO Business Intelligence

OCTOBER 16, 2023

According to KPMG’s 2023 Technology Survey , 51% of the responding 400 US technology executives said they have seen no increase in performance or profitability from their digital transformation investments in the past two years. In other words, IT project failure now is more about missed marks than technological disasters.

IT 131

IT Cost-Benefit Management ROI 131

CIO Business Intelligence

NOVEMBER 9, 2023

Foundry / AI Priorities Study 2023 The ideal individual to assume this role should have much more than top technology and AI skills, says Colin Reeves, principal data and AI recruiter at ConSol Partners in Los Angeles. In the short term, a successful CAIO will help enable AI adoption ad digital transformation, Reeves says.

IT 118

IT Strategy Reporting Visualization 118

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 64

Cost-Benefit Data Processing Optimization Software 64

CIO Business Intelligence

MAY 13, 2024

The study identified the top CEO priorities as, among others, leading digital transformation, reducing security risk, strengthening collaboration with executive colleagues, and implementing AI. In contrast, CEOs didn’t even list AI in their top 10 priorities for CIOs in 2023. 1 mandate to for CIOs to lead digital transformation.

IT 124

IT Digital Transformation ROI Strategy 124

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. AI can help organizations scale with speed and agility and enhance digital workflows.

Digital Transformation 121

Digital Transformation Cost-Benefit ROI Manufacturing 121

CIO Business Intelligence

OCTOBER 3, 2023

The Houston-based company, with origins dating back to 1875, is on a path to adopt portfolio-wide digital twin technology following successes across its major fields. Dubbed the ConocoPhillips Global Digital Twin Program, it’s earned ConocoPhillips a 2023 CIO 100 Award in IT Excellence.

Digital Transformation 104

Digital Transformation Cost-Benefit Data Processing Optimization 104

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

Data Processing 91

Data Processing Cost-Benefit Software Digital Transformation 91

IBM Big Data Hub

MAY 10, 2023

For IBM, Think is all about how we support organizations in their digital transformation and help them compete in their markets via the use of technological innovation. The potential to realize up to 470% ROI over three years is possible. Another client saw a 250% increase in transactions lending volume over three years.

Enterprise 81

Enterprise Uncertainty ROI Digital Transformation 81

datapine

DECEMBER 11, 2019

Indeed, according to Bloomberg, public cloud platforms, business services, and applications (SaaS) will all grow at a 9% CAGR (Compound Annual Growth Rate) between 2019 and 2023, and worth $60.36 The revolution is here, and it’s digital. We are in the age of digital transformation. 10) Branding Developments.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

CIO Business Intelligence

MAY 16, 2023

Named one of the top ten HR trends for the 2023 workplace, HR automation “delivers value in increasing the speed to hire and enhancing the employee experience by providing more self-service solutions 6. The return on investment (ROI) confirms they are making a smart decision. Consider this example.

IT 52

IT Cost-Benefit ROI Digital Transformation 52

IBM Big Data Hub

AUGUST 15, 2023

From a cost perspective, foundation models require significant upfront investment; however, they allow companies to save on the initial cost of model building since they are easily scaled to other uses, delivering higher ROI and faster speed to market for AI investments.

IT 75

IT Data Governance Modeling Cost-Benefit 75