Remove 2024 Remove Data Analytics Remove Digital Transformation Remove Interactive
article thumbnail

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.

article thumbnail

The Impact of Healthcare BI Tools on Decision-Making and Patient Care

FineReport

These innovative solutions pave the way for future trends in healthcare, shaping the industry’s digital transformation journey. Challenges in Data Management Data Security and Compliance The protection of sensitive patient information and adherence to regulatory standards pose significant challenges in healthcare data management.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

9 CRM trends for 2024

CIO Business Intelligence

And a lot of that comes down to the vast amounts of customer data CRM systems contain and their capabilities for pulling insights from that data through AI and machine learning — functionality that is becoming increasingly vital for enterprises across nearly every industry. Another important application of ML/AI is data analytics.

Sales 128
article thumbnail

Public cloud vs. private cloud vs. hybrid cloud: What’s the difference?

IBM Big Data Hub

In 2020, during the COVID-19 pandemic, businesses accelerated their cloud adoption to provide remote access to data, storage and operations so they could maintain business continuity during lockdown. Each service facilitates data flow over the internet between front-end clients and back-end cloud systems provided by a cloud service provider.

article thumbnail

State of the CIO, 2024: Change makers in the business spotlight

CIO Business Intelligence

Nimesh Mehta, SVP and chief information and strategy officer, National Life Group National Life Group The 2024 State of CIO research clearly depicts a more prominent, business-centric role for IT leadership. “For CIOs, understanding the business is table stakes — now we’re expected to change the business, not just technology.”

article thumbnail

How Infusing Insights from AI Is Evolving Retail

Sisense

Spending on AI is forecast to double over the span of four years, growing from just over $50 billion in 2020 to a whopping $110 billion in 2024. According to research by data analytics firm Exasol, 87% of U.S. According to analyst firm IDC, the industry that will spend the most on AI is retail. billion by 2027!