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 125

IoT Enterprise Manufacturing Measurement 125

CIO Business Intelligence

MAY 17, 2024

IT is an ever-changing industry, a truism that 2023 underscored, thanks in large part to the meteoric rise of generative AI. This is especially true for industries such as financial services, higher education, manufacturing, and the public sector, he adds. A minimum of three years progressive AI experience?

IT 106

IT Insurance Reporting Manufacturing 106

Timo Elliott

MAY 17, 2023

This is my personal summary of the Day 2 Customer Success Keynote at the 2023 SAP Sapphire Customer Conference in Orlando, Florida. The company is currently implementing a strategy named “Full Potential.” This strategy is grounded in a comprehensive technology transformation.

Manufacturing 105

Manufacturing Recreation/Entertainment Technology Strategy 105

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 121

ROI Manufacturing Cost-Benefit IoT 121

CIO Business Intelligence

MARCH 6, 2024

A circular economy strategy must include visibility across the entire product lifecycle, from product lifecycle management to supply chain sourcing and beyond. For example, IT teams must consider the whole life cycle of a product or service – from the extraction of raw materials to manufacturing, distribution, use, and disposal.

Manufacturing 89

Manufacturing Metrics Measurement Management 89

CIO Business Intelligence

MAY 15, 2024

It’s difficult to imagine SAP without Hasso Plattner, who’s been there from the beginning and has significantly shaped the fortunes of Europe’s largest software manufacturer for more than five decades as founder, board of directors member, and, most recently, as chairman of the supervisory board. It was a great time.”

Finance 108

Finance Software Strategy Manufacturing 108

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. Luckily, many are expanding budgets to do so. “94%

Digital Transformation 140

Digital Transformation Unstructured Data Machine Learning Risk Management 140

CIO Business Intelligence

MARCH 21, 2024

Those two efforts combined have enabled for the first time ever end-to-end visibility of McWane’s value chain for select businesses, from the manufacturing of products, through the sales process, all the way to recognizing revenue. IT Leadership, IT Strategy, Manufacturing Industry The Birmingham, Ala.-based

IT 110

IT Manufacturing Risk Management Risk 110

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 123

IT Manufacturing Machine Learning IoT 123

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. Now Atos faces the challenge of bringing the two halves back together with what Saleh calls a coordinated go-to-market strategy while it considers other strategic options. Another buyer?

Manufacturing 96

Manufacturing Uncertainty Big Data Sales 96

Jet Global

MARCH 20, 2023

We leveraged strategy and insight from these, and technology from our acquisition of Logi Analytics, to build Angles Professional for Oracle to serve mid-market enterprises migrating to the cloud. Through our acquisition of Magnitude Software, we acquired Angles for SAP and Angles for Oracle solutions.

Operational Reporting 52

Operational Reporting Reporting Uncertainty Finance 52

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

CIO Business Intelligence

JUNE 30, 2023

And we’ll let you in on a secret: this means nailing your data strategy. All of this renewed attention on data and AI, however, brings greater potential risks for those companies that have less advanced data strategies. This involves a mindset shift, and, of course, a comprehensive data strategy.

Internet of Things 82

Internet of Things Strategy Data Strategy Risk 82

Ontotext

MAY 25, 2023

The event attracts individuals interested in graph technology, machine learning and natural language processes in numerous verticals, including publishing, government, financial services, manufacturing and retail. The post Reflections on the Knowledge Graph Conference 2023 appeared first on Ontotext.

Machine Learning 52

Machine Learning Structured Data Unstructured Data Predictive Modeling 52

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. The global end-user spending on public cloud services is forecast to grow 20.4% billion in 2024, up from $563.6 Redkite is an IT consultancy firm.

IT 106

IT Consulting Digital Transformation Manufacturing 106

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 96

Forecasting Finance Sales Big Data 96

CIO Business Intelligence

NOVEMBER 20, 2023

It’s an approach, says Ramamurthy, that many CIOs already take with broader tech strategy: Build the solutions that provide competitive advantage to your business, and outsource the rest. For a manufacturing company, this could mean focusing gen AI initiatives on reducing risk in production plants or improving supply chain efficiencies.

Manufacturing 100

Manufacturing Sales Software Strategy 100

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 101

Modeling Manufacturing Digital Transformation Cost-Benefit 101

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 88

Manufacturing Sales Reporting Strategy 88

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

APRIL 29, 2024

Sovereign strategic imperatives Another deal fell through when European aircraft manufacturer Airbus abruptly abandoned a plan to pay Atos €1.8 billion revenue in 2023. billion revenue in 2023. Government, Government IT, Industry, IT Leadership, IT Strategy, Managed IT Services

Big Data 79

Big Data Digital Transformation Manufacturing Finance 79

CIO Business Intelligence

OCTOBER 11, 2023

For its AI Priorities Study 2023 , Foundry surveyed IT decision-makers who have either implemented AI and generative AI technologies in their organizations, have plans to, or are actively researching them. Artificial Intelligence, Generative AI, IT Strategy

IT 127

IT Software Testing Manufacturing 127

CIO Business Intelligence

JUNE 5, 2023

Digital transformation is indeed a cornerstone of business strategy today, as 89% of enterprises see digital business as core to their growth, according to Gartner’s Board of Directors 2023 Survey. For example, strategy building skills enable IT teams to unlock new business opportunities.

Digital Transformation 142

Digital Transformation Manufacturing Strategy Management 142

CIO Business Intelligence

DECEMBER 12, 2023

It’s a big project for us in terms of defining our strategy for data and AI, but also for automation.” The company suddenly found its UK manufacturing plants separated from key suppliers in the EU by a mess of new customs regulations and paperwork, and seriously considered hiring staff just to deal with the paperwork.

Digital Transformation 111

Digital Transformation Manufacturing Consulting Software 111

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. additional dollars in the wider economy. And there’s more to come.

Digital Transformation 91

Digital Transformation Cost-Benefit Statistics Strategy 91

CIO Business Intelligence

JULY 7, 2023

For the enterprise, planning edge strategies and reaping their rewards is often a complex and challenging process, with myriad applications to deploy, a proliferation of hardware devices to manage, multiple data types and sources to integrate, and significant security risks to avoid. To learn more, visit us here.

Manufacturing 100

Manufacturing Enterprise Strategy Marketing 100

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

CIO Business Intelligence

FEBRUARY 17, 2023

Tokyo-based printer manufacturer Konica Minolta, for instance, is seeing a jump in business that its US subsidiary CIO cannot quantify now but is confident will show in future earnings. The connected office of the future Lee, formerly an IT exec at GE for 21 years, says Konica Minolta is celebrating its 150th year in business in 2023.

Digital Transformation 105

Digital Transformation IoT Manufacturing Sales 105

CIO Business Intelligence

AUGUST 7, 2023

HPE’s customer-centric approach and longstanding and successful partnership earned the company the Worldwide VMware Partner of the Year in the 2023 VMware Partner Achievement Awards. Accelerating digitization For a European manufacturer Companies in all industries face the challenge of digital transformation to serve their customers better.

Digital Transformation 91

Digital Transformation Manufacturing Enterprise Strategy 91

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. After generative AI burst onto the scene, Nicholas Colisto, senior vice president and CIO of multinational manufacturer Avery Dennison, had worked to get his company to embrace its potential. “AI

IT 124

IT Risk Cost-Benefit Enterprise 124

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 90

Cost-Benefit Risk Strategy Manufacturing 90

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 72

Consulting Cost-Benefit Manufacturing B2B 72

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

APRIL 25, 2024

An early case study of BPR was Ford Motor Company, which successfully implemented reengineering efforts in the 1990s to streamline its manufacturing processes and improve competitiveness. Organizations of all sizes and industries implement business process reengineering. BPR initiatives generally boost key performance indicators (KPIs).

Cost-Benefit 62

Cost-Benefit Finance Optimization Key Performance Indicator 62

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 91

Interactive Manufacturing Cost-Benefit ROI 91

IBM Big Data Hub

FEBRUARY 13, 2024

Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. 2 For instance, through sustainable strategic sourcing, companies consider questions like: Do manufacturing plants minimize waste and effectively use resources?

Cost-Benefit 86

Cost-Benefit Scorecard Risk Recreation/Entertainment 86

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 134

Cost-Benefit Digital Transformation Consulting Strategy 134