CIO Business Intelligence

DECEMBER 19, 2023

The analyst reports tell CIOs that generative AI should occupy the top slot on their digital transformation priorities in the coming year. Moreover, the CEOs and boards that CIOs report to don’t want to be left behind by generative AI, and many employees want to experiment with the latest generative AI capabilities in their workflows.

Digital Transformation 140

Digital Transformation Unstructured Data Machine Learning Risk Management 140

CIO Business Intelligence

NOVEMBER 14, 2023

billion devices reported in 2023. In the first half of 2023, the Zscaler ThreatLabz research team observed approximately 300,000 attempted malware attacks by known IoT threat actors based on data from the world’s largest inline security cloud. Our research showed that manufacturing experienced 54.5%

IoT 124

IoT Enterprise Manufacturing Internet of Things 124

CIO Business Intelligence

MARCH 6, 2024

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. Security is paramount for the core infrastructure that supports manufacturing and industrial operations.

ROI 119

ROI Manufacturing Cost-Benefit IoT 119

CIO Business Intelligence

DECEMBER 28, 2023

While 2023 brought on many changes to IT departments around the world, by far the biggest surprise was generative AI. A range of priorities But AI wasn’t the only thing on the minds of CIOs in 2023. Most organizations, including Telenor Sweden, continued to move assets to the cloud in 2023. “We

IT 121

IT Manufacturing Machine Learning IoT 121

CIO Business Intelligence

MARCH 19, 2024

As a result, Atos has postponed — again — the release of its audited financial statement for 2023 while it evaluates its options. It has already delayed publication of the results once to give its auditors additional time to examine an independent business review report and to complete their audit of non-cash goodwill impairment charges.

Manufacturing 96

Manufacturing Uncertainty Big Data Sales 96

CIO Business Intelligence

JANUARY 11, 2024

The company has served clients in sectors such as technology, business services, healthcare, life sciences and manufacturing. billion in 2023, according to a report from Gartner. A separate report from Zacks Equity Research showed that the company spent $3.4 billion in 2024, up from $563.6

IT 104

IT Consulting Digital Transformation Manufacturing 104

CIO Business Intelligence

APRIL 9, 2024

The trouble with Atos The challenge for Atos is that, despite a succession of new CEOs , new board members, and new strategies, it still keeps losing money — and it is already heavily loaded with debt, making banks reluctant to extend more credit to help it through the continuing bad times. In 2023, the company made a net loss of €3.4

Forecasting 94

Forecasting Finance Sales Big Data 94

Cloudera

JANUARY 5, 2023

As more industries mature digitally and widely adopt AI and machine learning technologies, 2023 will be a pivotal year for organizations looking to deploy emerging tech solutions company-wide to fulfill business objectives. This is especially so in industries like telecom, retail, healthcare, manufacturing, insurance, and financial services.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

IBM Big Data Hub

OCTOBER 3, 2023

According to a recent study by IBM Security, the 2023 X-Force Threat Intelligence Index established the retail and wholesale industry as the fifth-most targeted industry in 2022, with cybercriminals increasingly looking to exploit the trove of data gathered from the billions of transactions sellers process online.

Manufacturing 81

Manufacturing Sales Reporting Strategy 81

CIO Business Intelligence

SEPTEMBER 25, 2023

To do so, Nardecchia and his team sought to incorporate “digital threads” into the company’s hardware and thereby expand its business model beyond manufacturing into software-as-a-service. “We In this way, Rockwell has transformed into a partner that accompanies customers throughout the lifecycle of manufacturing, he says.

Modeling 99

Modeling Manufacturing Digital Transformation Cost-Benefit 99

CIO Business Intelligence

NOVEMBER 15, 2023

A recent IDC report sponsored by Rimini Street, AI, and ERP: Intelligently Automating the Enterprise and Creating Differentiating Value, by Mickey North Rizza, Group Vice-President Enterprise Software, points out that 51% of businesses are running a digital business.

Digital Transformation 123

Digital Transformation Cost-Benefit ROI Manufacturing 123

CIO Business Intelligence

JULY 17, 2023

Being a company’s first CIO provides room to make your mark, and Generac Power Systems’ Tim Dickson has done just that, moving swiftly to help transform the backup generator manufacturer into an energy technology company. Most manufacturers do not have their data consolidated,” the CIO explains.

IoT 93

IoT Digital Transformation Manufacturing Sales 93

CIO Business Intelligence

OCTOBER 18, 2023

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

Risk 134

Risk Manufacturing Enterprise Technology 134

CIO Business Intelligence

DECEMBER 5, 2023

According to Foundry’s Digital Business Study 2023 , 91% of EMEA organisations have adopted or plan to adopt a digital-first business strategy. 34% reported a lack of the right skill sets, while 29% cited complexity of IT infrastructure as a major hurdle.

Manufacturing 86

Manufacturing Sales Strategy Insurance 86

O'Reilly on Data

NOVEMBER 28, 2023

Generative AI has been the biggest technology story of 2023. As of November 2023: Two-thirds (67%) of our survey respondents report that their companies are using generative AI. Two-thirds of our survey’s respondents (67%) report that their companies are using generative AI. Many AI adopters are still in the early stages.

Enterprise 267

Enterprise Modeling Testing Reporting 267

CIO Business Intelligence

APRIL 15, 2024

The senior vice president and chief information and strategy officer at National Life Group, has spent years executing a technology roadmap to modernize the insurance company. Case in point: Mehta, who now has the responsibility of developing National Life’s three-year enterprise strategy.

Digital Transformation 124

Digital Transformation Strategy Technology Enterprise 124

CIO Business Intelligence

JANUARY 9, 2024

The October 2023 CEO Outlook Pulse from professional services firm EY reported that 99% of chief executives were planning to invest in generative AI. That’s the question many CIOs are asking, as some report they are now the ones raising points about business needs and business value whenever there’s a demand for an AI solution.

IT 123

IT Risk Cost-Benefit Enterprise 123

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. Corporate and IT strategy are one, and technology is the tool to deliver strategic objectives. In contrast, CEOs didn’t even list AI in their top 10 priorities for CIOs in 2023.

IT 126

IT Digital Transformation ROI Strategy 126

CIO Business Intelligence

DECEMBER 18, 2023

Developing generative AI implementation strategies will be imperative for technology leaders, prioritizing key areas such as business model building, internal operational improvements, risk mitigation, and overall organizational efficiency. In 2023, leading organizations in the region shifted gears towards DX 2.0,

Cost-Benefit 88

Cost-Benefit Risk Strategy Manufacturing 88

CIO Business Intelligence

APRIL 11, 2023

Over the next five years, the healthcare industry is expected to go through dramatic changes as service providers expand value-based care models and equipment manufacturers strive to keep pace in a digital-first world. This means really emphasizing the business partnership and making sure we’re aligning with the business strategy.

Modeling 98

Modeling IT Strategy Uncertainty 98

IBM Big Data Hub

FEBRUARY 7, 2024

Advanced technologies, more stringent reporting standards and stronger support from stakeholders are building momentum for eco-friendly initiatives and the incentives that encourage them. Sustainability reporting: Accountability on the record This may be the biggest year yet in sustainability reporting.

Reporting 91

Reporting Internet of Things Cost-Benefit Data-driven 91

CIO Business Intelligence

SEPTEMBER 11, 2023

The economy of Bahrain, an archipelago of islands in the Arabian Gulf, has always been open and diversified, with particular strengths in financial services, manufacturing and logistics. The long-term plan kicked off in 2007 with a strategy to digitise government. Read the full report now. Digital Transformation

Digital Transformation 89

Digital Transformation Cost-Benefit Statistics Strategy 89

CIO Business Intelligence

SEPTEMBER 12, 2023

i] NIS2 was adopted in early 2023 as a response to increasing digitalization and rising cybersecurity threats stemming from the COVID-19 pandemic and the Russia-Ukraine War. Sectors now subject to NIS2 compliance include food production, processing, and distribution; postal and courier services; and manufacturing and digital providers. [ii]

IoT 76

IoT Measurement Manufacturing Finance 76

IBM Big Data Hub

JUNE 30, 2023

80% of manufacturers report MRO asset management in their facilities needs improvement 60% of construction companies admit their industry is behind when it comes to adopting digital technology 5 ways the industrial sector can improve its supply chain resiliency 1. This equipment is critical to expanding capacity for chip production.

Consulting 68

Consulting Cost-Benefit Manufacturing B2B 68

CIO Business Intelligence

APRIL 10, 2023

By Andy Nallappan, Chief Technology Officer & Head of Software Business Operations, Broadcom This is a continuation of Broadcom’s blog series: 2023 Tech Trends That Transform IT. The continuing acceleration of that customization in the year ahead is why multi-cloud is one of the top technology trends transforming technology in 2023.

Enterprise 88

Enterprise Cost-Benefit Data-driven Software 88

CIO Business Intelligence

NOVEMBER 28, 2023

Indeed, in the first half of 2023, IoT DDoS attacks surged by 300%, causing a $2.5 Then there’s the matter of OT and manufacturing systems which may or may not be connected in some way to ordering, fulfillment, sales, marketing, financial reporting, and regulatory systems. The second consideration is identity for IoT devices.

Management 102

Management IoT Sales Manufacturing 102

IBM Big Data Hub

OCTOBER 9, 2023

At the beginning of 2023, according to IBM Security’s “ Threat Intelligence Index ” report, healthcare was in the top 10 most-attacked industries on the planet. The “ Cost of a Data Breach 2023” report also uncovered that, since 2020, healthcare data breach costs have increased by 53.3%.

Risk Management 78

Risk Management Risk Management Measurement 78

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. It is divided into three verticals — business IT, manufacturing IT, and central IT.

Interactive 89

Interactive Manufacturing Cost-Benefit ROI 89

DataKitchen

MARCH 16, 2023

All you had to do was to write a few bullet points every week in the text for your report for last your boss. Where is your metrics report? What should be in that report about your data team? When data errors corrupt reports and dashboards, it can be extremely uncomfortable for the manager of the data team.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

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.

Consulting 88

Consulting Insurance Cost-Benefit Finance 88

CIO Business Intelligence

OCTOBER 26, 2023

Founded in 1856, this UK-based company designs and manufactures technology that supports healthcare professionals in returning their patients to health and mobility so they can perform at their fullest potential. The new system also supports the tracking and reporting of strict criteria to comply with healthcare regulations.

Technology 109

Technology Manufacturing Optimization Software 109

CIO Business Intelligence

FEBRUARY 17, 2023

As the chief business transformation and technology officer at Twinings Ovaltine (TwO), some might imagine Sandeep Seeripat’s role to be the epitome of what a senior technology executive should be, with a remit beyond IT operations, an authoritative voice in the boardroom and a reporting line straight to the CEO.

IT 104

IT Manufacturing Finance Sales 104

CIO Business Intelligence

APRIL 29, 2024

When asked which challenges most often force IT to redirect time and focus away from strategy and innovation tasks, CIOs most commonly cited staff and skills shortages, changing business conditions, and addressing security threats. The State of the Tech Workforce 2024 report from nonprofit CompTIA , forecasts tech employment growth of 3.1%

IT 120

IT Consulting Technology Strategy 120

CIO Business Intelligence

JUNE 22, 2023

Here are the 10 industries with the highest tech salaries, and how much they’ve increased in value since 2021, according to the 2023 Dice Tech Salary Report. Consulting firms are increasingly turning to tech talent to help build in-house platforms, according to the report from Dice.

IT 116

IT Insurance Recreation/Entertainment Consulting 116

CIO Business Intelligence

DECEMBER 29, 2023

Among the various strategies at our disposal, automation stands out as a pivotal solution,” she says. “In Adaptability and useability of AI tools For CIOs, 2023 was the year of cautious experimentation for AI tools. “In CIOs will feel pressure to help develop strategies around it to stay ahead of competitors and enable their business.”

Cost-Benefit 133

Cost-Benefit Digital Transformation Consulting Strategy 133

datapine

NOVEMBER 27, 2019

In 2020, BI tools and strategies will become increasingly customized. Accordingly, the rise of master data management is becoming a key priority in the business intelligence strategy of a company. These BI tools make the sharing easier in generating automated reports that can be scheduled at specific times and to specific people.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

AWS Big Data

MARCH 10, 2023

You can simplify your data strategy by running multiple workloads and applications on the same data in the same location. In the following figure, we show a comprehensive architecture that uses the modern data architecture strategy on AWS to build a fully featured transactional data lake.

Data Lake 105

Data Lake Sales Data Warehouse Snapshot 105