article thumbnail

Data Strategy: The Missing Link in Your Digital Transformation Plan

Smart Data Collective

On the surface, digital transformation is a simple process. This could be moving your spreadsheets to cloud software or even going so far as to move up from paper to digital. Specifically, we’re talking about how digital transformation efforts routinely fail to take advantage of the data they provide access to.

article thumbnail

The impact of AI on edge computing

CIO Business Intelligence

AI, including Generative AI (GenAI), has emerged as a transformative technology, revolutionizing how machines learn, create, and adapt. 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

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

3 technology trends set to revolutionize retail

CIO Business Intelligence

From 250 such stores in 2021, the study forecasts the number to touch 12,000 by 2027. From big fashion brands to staples and grocery stores, every retailer is looking to apply algorithms to improve the bottom line, especially in the areas of omnichannel retailing, demand forecasting, and predictive analytics.

article thumbnail

Covid-19 Accelerates The Need for Retail, Manufacturing Supply Chains To Adapt

Cloudera

demand forecasting) based solely on historical transaction data – really missed the mark. The need to start better leveraging external data, working with broader data sets inclusive of incremental ‘demand signals,’ is no longer a ‘nice to have’ in order to improve forecast accuracy and inventory optimization.

article thumbnail

The most valuable AI use cases for business

IBM Big Data Hub

Personalize customer experiences The use of AI is effective for creating personalized experiences at scale through chatbots, digital assistants and customer interfaces , delivering tailored experiences and targeted advertisements to customers and end-users. See what’s ahead AI can assist with forecasting.

article thumbnail

New CIO appointments in India, 2022

CIO Business Intelligence

With more and more companies undertaking the journey of digital transformation, the role of the CIO has become critical. Roopesh Pujari has been promoted to CTO at marketing and advertising firm Publicis Groupe India. He will also plan and implement the company’s IT and digital strategy. March 2022. December 2021.

article thumbnail

How Data Governance Supports Analytics

Alation

Analytics can help a business improve customer relationships, optimize advertising campaigns, develop new products, and much more. As an organization embraces digital transformation , more data is available to inform decisions. And historical data can be used to inform predictive analytic models, which forecast the future.