article thumbnail

3 key digital transformation priorities for 2024

CIO Business Intelligence

The analyst reports tell CIOs that generative AI should occupy the top slot on their digital transformation priorities in the coming year. I wrote in Driving Digital , “Digital transformation is not just about technology and its implementation. Luckily, many are expanding budgets to do so. “94%

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

8 pressing needs for CIOs in 2024

CIO Business Intelligence

“In a world underpinned by change, it remains constant that digital transformation must be a core organizational competency,” she says. The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Snow Software’s CIO Al Pooley agrees.

article thumbnail

Accenture buys Navisite in its 4th acquisition of 2024

CIO Business Intelligence

Accenture on Wednesday said it is acquiring digital transformation services provider Navisite in an effort to boost its cloud transformation business. billion in 2024, up from $563.6 The company has served clients in sectors such as technology, business services, healthcare, life sciences and manufacturing.

IT 101
article thumbnail

Digital Transformation Success: It’s All About Simplicity Through Partnerships

CIO Business Intelligence

The pandemic has put digital transformation up front and center on the CIO’s agenda over the past few years. According to 2022 State of the CIO study , 85% of CIOs are focusing on transformational initiatives with pre-pandemic levels of technology budget growth. Complexity, the key barrier to digital transformation.

article thumbnail

SAP 2024 outlook: 5 predictions for customers

CIO Business Intelligence

SAP customers have a lot to navigate in 2024. Consider the potential business implications, including the potential to disrupt customers’ current and future business models and create unforeseen competitive disadvantages. Otherwise, SAP will have disproportionate control of the agenda, cadence, and outcome of your relationship.

article thumbnail

Top financial services trends of 2024

IBM Big Data Hub

The start of 2024 brings forth many questions as to what we can expect in the year ahead, especially in the financial services industry, where technological advances have skyrocketed and added complexities to an already turbulent landscape. An investment in the tools and infrastructure to combat such threats is likely to occur in 2024.