CIO Business Intelligence

APRIL 5, 2022

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.

Digital Transformation 105

Digital Transformation Cost-Benefit Uncertainty Technology 105

IBM Big Data Hub

JANUARY 16, 2024

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.

Risk Management 49

Risk Management Insurance Cost-Benefit Risk 49

CIO Business Intelligence

MAY 3, 2024

MeRA, which has earned UPS a 2024 CIO 100 Award for IT innovation and leadership, automates responses to some of the roughly 52,000 customer e-mails UPS receives each day, according to the company. The LLM gives agents the ability to confirm all responses suggested by the model. For MeRA, UPS started with Microsoft OpenAI LLMs, GPT 3.5

Testing 140

Testing Sales Enterprise Digital Transformation 140

CIO Business Intelligence

MAY 14, 2024

Enterprises need to ensure that private corporate data does not find itself inside a public AI model,” McCarthy says. You don’t want a mistake to happen and have it end up ingested or part of someone else’s model. billion in 2024, and more than double by 2027. billion in 2024 and grow to $66.4

IT 78

IT Data Processing Enterprise Modeling 78

CIO Business Intelligence

MAY 8, 2024

In about six months, Expion’s two AI developers created ExpionIQ Advisor, a tool that uses linear regression, multiple algorithms, and custom-built AI models to automate prescription RFPs. Now, if the model is drifting away, we get alerted automatically, and we fix it.” In the past, anybody could make a mistake easily.

IT 111

IT Cost-Benefit Insurance Unstructured Data 111

CDW Research Hub

AUGUST 2, 2022

In fact, many organizations have begun adopting zero-trust IoT security strategies to protect their IoT data from potential breaches. The answer may lie in shifting to a zero-trust security model. Previously, the guiding architectural principle for most network security models was, “verify, then trust.” What is zero trust?

IoT 52

IoT Strategy Internet of Things Measurement 52

CIO Business Intelligence

DECEMBER 28, 2023

ChaptGPT was announced in November 2022 and hit the world by surprise,” says Patrick Thompson, former chief information and digital transformation officer at Albemarle. Procter & Gamble also used IoT and machine language models to implement new solutions on their manufacturing lines. Cretella agrees.

IT 128

IT Manufacturing Machine Learning IoT 128

CIO Business Intelligence

APRIL 12, 2024

With information about products and availability constantly changing, Tractor Supply sees Hey GURA as a “knowledge base and a training platform,” says Rob Mills, chief technology, digital commerce, and strategy officer at Tractor Supply. Artificial Intelligence, CIO 100, Digital Transformation, Retail Industry

Experimentation 116

Experimentation Sales Digital Transformation Metrics 116

CIO Business Intelligence

JANUARY 8, 2024

Instead, the publicly held operator of Cathay Pacific Airlines and HK Express is shifting from migration to optimization mode in an effort to wrest additional benefits from its all-in cloud transformation. Enhanced automation and self-service will also be emphasized as part of the cloud optimization strategy, Nair says.

Optimization 118

Optimization Digital Transformation Cost-Benefit Data Warehouse 118

CIO Business Intelligence

FEBRUARY 8, 2024

Hiring to take a hit In light of prevailing economic pressures, particularly affecting user industries such as BFSI, technology, and telecom, numerous leading organizations are implementing workforce reduction strategies, pointed out Thomas George, president of Cybermedia Group and CMR. In challenging times, tough measures are often required.

IT 98

IT Uncertainty Consulting Forecasting 98

CIO Business Intelligence

DECEMBER 11, 2023

For many CIOs, implementations may be nascent, but mitigating biases in AI models and balancing innovation with ethical considerations are already among their biggest challenges. Companies need both a practical plan and a transparent communications strategy in their response.” We intend to implement it in Q1 2024.”

Modeling 131

Modeling Risk Strategy Software 131

Jedox

DECEMBER 28, 2021

According to Gartner, 70% of new financial planning and analysis (FP&A) projects are slated to become extended planning and analysis (xP&A) projects by 2024. Digital transformation provides the heightened capacity for collaboration and cross-functional planning, resulting in more flexibility, agility, and resilience.

Digital Transformation 95

Digital Transformation Finance Machine Learning Forecasting 95

CIO Business Intelligence

MAY 14, 2024

During the second phase, NLP and ML models created and trained by the King County Department of IT extract the pertinent information from these digitized reports. The ML models include classic ML and deep learning to predict category labels from the narrative text in reports.

Deep Learning 52

Deep Learning Machine Learning Reporting Experimentation 52

Smart Data Collective

JUNE 27, 2022

Build A Clear Strategy. Digital transformation has taken over the corporate world like a storm. Most businesses have embraced digital transformation technologies to automate tasks and improve the employee experience. CAGR between 2016 and 2024. billion by 2024. Seek Help from Top Management.

Data-driven 110

Data-driven Management IT Big Data 110

CIO Business Intelligence

JUNE 13, 2022

The volume of work coming at IT is one of the top issues identified by CIOs, researchers, and executive advisors, or as Elizabeth Hackenson, CIO of Schneider Electric, puts it: “The accelerated demand for digital capabilities throughout the enterprise simultaneously.”. “In Maturing the enterprise cloud strategy.

IT 144

IT Digital Transformation Strategy Internet of Things 144

CIO Business Intelligence

JUNE 16, 2023

The last 10% still run on the mainframe, but Vaughan plans to phase that out and modernize the company’s legacy applications for the cloud using a combination of microservices, serverless technology, DevSecOps practices, and lift-and-shift strategies. Vaughan’s multicloud strategy is targeted to grow revenue and profits.

Digital Transformation 98

Digital Transformation Cost-Benefit Marketing Strategy 98

CIO Business Intelligence

JUNE 22, 2022

To this end, 170 countries have already laid out detailed national digital strategies to drive economic digital transformation. And some industries — notably, the transport, finance, and education sectors — have expedited digital transformation based on ICT networks and the cloud. To learn more, click here.

Digital Transformation 104

Digital Transformation Technology Data-driven Finance 104

CIO Business Intelligence

SEPTEMBER 22, 2022

This has created a clear opportunity for businesses, allowing them to ride on this wave of digitalization for seizing greater growth opportunities—as long as they play their cards right. per year over 2022 to 2024. Deeper digital transformation can help companies better deal with uncertainties.”.

Technology 52

Technology Digital Transformation Broadcasting Uncertainty 52

CIO Business Intelligence

APRIL 29, 2022

Digital is now a permanent yet dynamic fixture in our world, with IDC predicting direct digital transformation investments will increase to 55% of all ICT investments by the end of 2024 2. Engage with a Digital Advisor from HPE to get started. Yara-Yasemin Schuetz is a Digital Advisor at HPE.

Recreation/Entertainment 122

Recreation/Entertainment Digital Transformation Data-driven Enterprise 122

CIO Business Intelligence

MAY 6, 2024

With the cloud being an inevitable part of enterprise digital transformation journeys, IT leaders must keep on top of the latest developments in the cloud market to better predict downstream impacts on their roadmaps. The cloud services landscape is in constant flux.

Strategy 131

Strategy Marketing IT Data Processing 131

FineReport

APRIL 9, 2024

These innovative solutions pave the way for future trends in healthcare, shaping the industry’s digital transformation journey. The implementation of robust healthcare data management strategies is imperative to mitigate the risks associated with data breaches and non-compliance.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

IBM Big Data Hub

DECEMBER 18, 2023

As we look ahead to 2024, enterprises around the world are undoubtedly evaluating their progress and creating a growth plan for the year to come. Securely balancing the influx of data from AI with innovation At the same time, we’re helping clients embrace AI securely to fuel business transformation.

Digital Transformation 70

Digital Transformation Risk Data Processing Enterprise 70

IBM Big Data Hub

NOVEMBER 8, 2023

At the beginning of the year, we laid out a new strategy for IBM Power under the leadership of Ken King, who will be retiring by the end of 2023 after forty years with IBM. Separately, in 2024, clients will be able to look forward to continued enhancements to the AIX, IBM i and Linux roadmaps.

Strategy 100

Strategy Cost-Benefit Data-driven Digital Transformation 100

CIO Business Intelligence

JANUARY 12, 2024

From market shifts to IT strategies, here are the hot CRM trends for 2024. And the interactivity feature of generative AI creates a true digital copilot, enabling humans to “do what they do best, foster conversations, show empathy, and accelerate decision velocity,” says Miller.

Sales 128

Sales Marketing Data-driven Interactive 128

CIO Business Intelligence

MAY 13, 2024

“We know what we’re trying to achieve, because we know the business goals and objectives,” We want to grow substantially, and we want to do that with speed,” says Bilker, whose clarity on IT’s business objectives mirror the top directives CEOs are giving their CIOs, according to the 2024 State of the CIO Study from Foundry, publisher of CIO.com.

IT 112

IT Digital Transformation ROI Strategy 112

CIO Business Intelligence

APRIL 24, 2024

The CTO role has emerged as a key player in the enterprise C-suite, especially with digital transformation being such a high strategic priority for so many organizations. When a company doesn’t have a CIO, the CTO determines the overall technology strategy and presents it to top executives, according to the BLS.

Strategy 105

Strategy Key Performance Indicator Digital Transformation Reporting 105

CIO Business Intelligence

JUNE 6, 2022

Most IT departments have well-organized procurement functions and solid CapEx spending models, but many of the tried-and-true practices that have helped keep costs in check in past years when IT had more capital expenses won’t help in the era of SaaS, subscription services, and usage-based models. More tech investments.

IT 138

IT Consulting Digital Transformation Risk 138

CIO Business Intelligence

APRIL 22, 2024

He assigns technologists who have an aptitude for business and accounting to roles that enable them to identify and pursue transformation opportunities. He has divided his 170 workers into two groups, with 60% of them focused 100% on digital transformation and the remainder focused on operational IT.

IT 125

IT Data-driven Strategy Consulting 125

IBM Big Data Hub

JANUARY 30, 2024

billion in 2024, up from $563.6 To overcome various challenges associated with multicloud , organizations need to map out a comprehensive multicloud management strategy to achieve overall success. to total $678.8 billion in 2023. What is multicloud architecture? What are the challenges of multicloud?

Strategy 101

Strategy Cost-Benefit Risk Optimization 101

IBM Big Data Hub

FEBRUARY 6, 2024

Today, these three cloud architecture models are not mutually exclusive; instead, they work in concert to create a hybrid multicloud—an IT infrastructure model that uses a mix of computing environments (e.g., on-premises, private cloud, public cloud, edge) with public cloud services from more than one provider.

Cost-Benefit 109

Cost-Benefit Digital Transformation Software Modeling 109

CIO Business Intelligence

APRIL 15, 2024

The senior vice president and chief information and strategy officer at National Life Group, has spent years executing a technology roadmap to modernize the insurance company. Case in point: Mehta, who now has the responsibility of developing National Life’s three-year enterprise strategy.

Digital Transformation 130

Digital Transformation Strategy Technology Enterprise 130

Sisense

MAY 27, 2021

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. It’s a smart strategy,” Brian said. According to analyst firm IDC, the industry that will spend the most on AI is retail. billion by 2027!

Forecasting 52

Forecasting Sales Analytics Marketing 52

CIO Business Intelligence

AUGUST 1, 2023

Digital transformation must be a core organizational competency. The impact of generative AIs, including ChatGPT and other large language models (LLMs), will be a significant transformation driver heading into 2024. That’s my key advice to CIOs and IT leaders.

Digital Transformation 98

Digital Transformation Unstructured Data Strategy Experimentation 98

IBM Big Data Hub

MAY 13, 2024

As the AI era takes shape through digital transformation initiatives, executives and employees alike are contemplating how it affects employment and the skills needed to stay ahead. A 2024 Gallup poll found that nearly 25% of workers worry that their jobs can become obsolete because of AI, up from 15% in 2021.

Digital Transformation 57

Digital Transformation Gap analysis Consulting Machine Learning 57

CIO Business Intelligence

DECEMBER 18, 2023

Koinig says she’s putting those beliefs into practice in 2024, aiming to create a better equilibrium between working on new initiatives and nurturing what’s already in place. Large language models had been around for a few years, but generative AI brought about a particularly rapid pace of change. It’s a message Wetcher takes to heart.

IT 137

IT Digital Transformation Technology Reporting 137