Remove 2024 Remove Digital Transformation Remove Modeling Remove Reporting
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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. Despite all that, CIOs should add generative AI initiatives to the much longer secondary list of transformation programs. Luckily, many are expanding budgets to do so. “94%

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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.

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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.

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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 billion in 2023, according to a report from Gartner. A separate report from Zacks Equity Research showed that the company spent $3.4

IT 116
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The impact of AI on edge computing

CIO Business Intelligence

IDC forecast shows that enterprise spending (which includes GenAI software, as well as related infrastructure hardware and IT/business services), is expected to more than double in 2024 and reach $151.1 Chatbots, voice assistants, and language translation services can operate locally using NLP models. over 2023 2. billion in 2027.

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IT leaders explore footing amid shifting needs and the AI power struggle

CIO Business Intelligence

ChaptGPT was announced in November 2022 and hit the world by surprise,” says Patrick Thompson, former chief information and digital transformation officer at Albemarle. While many leaders had been practicing green IT for years, as of 2023, it became imperative to measure it, quantify it, and report on it,” says Herringshaw.

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King County enlists AI to reduce drug overdose deaths

CIO Business Intelligence

In past years, reporting fatal drug overdoses has largely been a paper- and human-driven process in King County, which shares the information with state and federal agencies. Seattle, the county seat, reported nearly 600 drug overdose deaths in 2022, an increase of 72% from the previous year.