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8 pressing needs for CIOs in 2024

CIO Business Intelligence

The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Here, we detail those and others that comprise eight of the top priorities for CIOs in 2024. Among the various strategies at our disposal, automation stands out as a pivotal solution,” she says. β€œIn

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8 strategies for accelerating IT modernization

CIO Business Intelligence

That’s not hyperbole: TEKsystems’ 2024 State of Digital Transformation report found that 53% of organizations classified as digital leaders are confident that their digital investments will meet expected ROIs. I need one managing data and orchestrating the OEM platform base to drive business results.”

Strategy 140
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Covanta’s step-by-step approach to AI enablement

CIO Business Intelligence

Nearly half of CIOs and close to a third line-of-business managers have cited AI and machine learning as the most strategically important area of concern this year, according to Foundry’s 2024 State of the CIO Study. Restructure and re-engineer the core data platform. Reshape and rebuild an IT portfolio driven by the value proposition.

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AI Technology Leads to Impressive Benefits with Algorithmic Trading

Smart Data Collective

This is a huge market driven by AI technology that is expected to be worth $19 billion by 2024. As AI technology has improved, algorithmic trading has become more effective and given traders the opportunity to realize higher ROIs. This figure appears to have improved as AI helped boost their ROI. Advantages. Reduced cost.

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9 Ways Location Data Can Help You Excel in Retail

Smart Data Collective

One of the secrets to attracting and retaining customers is to become more data-centric. trillion in 2024, up from roughly $5.47 According to many surveys, more than 90% of retail organizations across a wide range of sectors feel location data is crucial to their success. 9 Ways Location Data Can Help You Excel in Retail.

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What is digital transformation? A necessary disruption

CIO Business Intelligence

Digital transformation became a key strategic initiative in the mid-2010s, as mobile communications, cloud, data analytics, and other advanced information technologies took off, enabling businesses and consumers to easily engage via digital channels. Other research confirms the imperatives for engaging in digital transformation.

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Building Smarter Financial Services: The Role of Semantic Technologies, Knowledge Graphs and Generative AI

Ontotext

Joseph Hilger : People are starting to understand that knowledge graphs are not just a tool for storing data and information. I need something that defines what those entities are and can align them with the data.” The other use case where graphs are exploding is what Gartner calls a data fabric. What are your thoughts about it?