Remove 2025 Remove Business Intelligence Remove Data Quality Remove Data-driven
article thumbnail

A comparative assessment of digital transformation in Italy

CIO Business Intelligence

“The challenge of digital transformation projects lies not so much in the technological implementation, but in the operational change required of people and the entire business organization,” he says. The data platform and digital twin AMA is among many organizations building momentum in their digitization.

article thumbnail

6 strategic imperatives for your next data strategy

CIO Business Intelligence

According to the MIT Technology Review Insights Survey, an enterprise data strategy supports vital business objectives including expanding sales, improving operational efficiency, and reducing time to market. The problem is today, just 13% of organizations excel at delivering on their data strategy.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Digital Twin Use Races Ahead at McLaren Group

CIO Business Intelligence

The company is applying winning insights from rapid, data-driven, evolutionary models versus relying on engine speed and aerodynamics alone to win races. Cloud-connected cars are now commonplace in the mainstream connected car market that is forecast to surpass $166 billion by 2025. Using Data to Generate Simulations.

article thumbnail

Transforming FSI in ASEAN with Cloud Analytics

CIO Business Intelligence

Its success is one of many instances illustrating how the financial services industry is quickly recognizing the benefits of data analytics and what it can offer, especially in terms of risk management automation, customized experiences, and personalization. . compounded annual growth from 2019 to 2024. .

article thumbnail

12 Cloud Computing Risks & Challenges Businesses Are Facing In These Days

datapine

It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237
article thumbnail

6 BI challenges IT teams must address

CIO Business Intelligence

Every day, organizations of every description are deluged with data from a variety of sources, and attempting to make sense of it all can be overwhelming. So a strong business intelligence (BI) strategy can help organize the flow and ensure business users have access to actionable business insights. “By

IT 131
article thumbnail

Your 5-Step Journey from Analytics to AI

CIO Business Intelligence

Most organizations have come to understand the importance of being data-driven. To compete in a digital economy, it’s essential to base decisions and actions on accurate data, both real-time and historical. But the sheer volume of the world’s data is expected to nearly triple between 2020 and 2025 to a whopping 180 zettabytes.

Analytics 115