CIO Business Intelligence

AUGUST 31, 2023

Afterwards, we spent some more time discussing his extensive track record with digital transformation, including how to set up digital initiatives for success. Dan Roberts: People refer to digital transformation in so many different contexts that the term has almost lost all meaning.

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Digital Transformation Business Objectives Strategy Technology 98

Alation

NOVEMBER 4, 2022

In this blog we’ll describe digital transformation: how it can be achieved as well as how it can benefit your business. What does it mean to undergo a digital transformation? At its core, digital transformation is simply incorporating digital technology into one’s business.

Digital Transformation 52

Digital Transformation Cost-Benefit Insurance Machine Learning 52

Cloudera

OCTOBER 6, 2022

Digital transformation. Everyone has their own ideas about what digital transformation means, so I decided to look up a few definitions. . CIO blog post : “Digital transformation is a foundational change in how an organization delivers value to its customers.”. Cost savings opportunities.

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Digital Transformation Cost-Benefit Data Lake Machine Learning 85

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

CIO Business Intelligence

NOVEMBER 28, 2023

As more businesses push forward with digital transformation projects, cloud computing has stood out as a powerful tool capable of fueling the analytics that drive new technologies like artificial intelligence (AI) and machine learning (ML)—two capabilities that are quickly becoming a must-have in nearly every organization.

Digital Transformation 119

Digital Transformation Cost-Benefit Strategy Optimization 119

IBM Big Data Hub

DECEMBER 20, 2023

Without an AI strategy, organizations risk missing out on the benefits AI can offer. An AI strategy helps organizations address the complex challenges associated with AI implementation and define its objectives. What is an AI strategy? A successful AI strategy should act as a roadmap for this plan.

Strategy 78

Strategy Business Objectives Cost-Benefit Consulting 78

CIO Business Intelligence

OCTOBER 30, 2023

In today’s digitally transforming world, time is of the essence. As you seek to boost agility and speed your organization’s digital transformation, there are some proven principles you can apply. In the process, they can break down the silos that stifle digital transformation.

Management 144

Management Digital Transformation Cost-Benefit ROI 144

CIO Business Intelligence

APRIL 2, 2024

Over the past decade, CIOs have invested significantly in digital transformation initiatives in an effort to improve customer experiences, build data analytics capabilities, and deliver productivity enhancements with automation.

Management 140

Management Digital Transformation Testing Experimentation 140

Smarten

NOVEMBER 28, 2023

Using Analytics to Encourage Continuous Improvement Can Help Every Business! If you want to encourage and enable continuous improvement within your enterprise, analytics can go a long way toward helping you achieve your goal. Team members will be expected to access and use data and augmented analytics tools to make decisions.

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Analytics Digital Transformation Cost-Benefit Testing 67

Sisense

APRIL 17, 2020

In Monetizing Your Data , we look at digital transformation: the ways of turning data into new revenue streams and apps that boost income, increase stickiness, and help your company thrive in the world of Big Data. However, what exactly a digital transformation looks like varies widely from company to company.

Data Strategy 81

Data Strategy Strategy Digital Transformation Data Warehouse 81

Cloudera

JUNE 8, 2021

A sturdy data infrastructure coupled with a proficient workforce are pillars for an organization’s digital transformation efforts. . McKinsey lists building capabilities for the workforce of the future as one of five categories of factors improving the chances of a successful digital transformation.

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Digital Transformation Cost-Benefit Data Strategy Finance 57

CIO Business Intelligence

JANUARY 22, 2024

According to a recent analysis by EXL, a leading data analytics and digital solutions company, healthcare organizations that embrace generative AI will dramatically lower administration costs, significantly reduce provider abrasion, and improve member satisfaction. The timing could not be better. Here’s an example.

Cost-Benefit 105

Cost-Benefit Digital Transformation Data-driven Interactive 105

CIO Business Intelligence

FEBRUARY 16, 2024

For most organizations, a shift to the cloud brings scalability, access to innovative tools, and the possibility of cost savings. When you’re introducing many new applications, the ease of getting them up and running and lowered costs [on the cloud] is tremendously beneficial,” he says. An early partner of Amazon, the Roseburg, N.J.-based

Digital Transformation 116

Digital Transformation Experimentation Cost-Benefit Machine Learning 116

Cloudera

OCTOBER 30, 2023

Agility, innovation, and time-to-value are the key differentiators cloud service providers (CSP) claim to help organizations speed up digital transformation projects and business objectives. The main challenges are pointed out as a lack of resources/expertise, security, and from a different perspective, cloud cost management.

Analytics 75

Analytics Cost-Benefit ROI Business Objectives 75

CIO Business Intelligence

DECEMBER 29, 2023

With the merging of operational efficiency and embracing new technologies, today’s CIOs are under increasing pressure to do more with less and become both technologists and business leaders, says Sunny Azadeh, CIO at digital services company GlobalLogic. “In

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Cost-Benefit Digital Transformation Consulting Strategy 139

Cloudera

NOVEMBER 19, 2018

Sustainable development benefits corporations that embrace it as well as benefitting the world-wide community. To achieve success, they must formulate and implement strategies for sustainability that encompass not just environmental (“green”) issues, but also social, economic, and cultural concerns.

Digital Transformation 40

Digital Transformation IoT Cost-Benefit Uncertainty 40

datapine

MARCH 11, 2020

As digital transformation evolves, and more businesses begin to harness the power of digital technologies, the rate at which we are creating data is rising by the second. As such, we have to find approaches to data analytics and business intelligence. What Is Real Time Analytics?

Business Intelligence 165

Business Intelligence Analytics Dashboards Visualization 165

CIO Business Intelligence

APRIL 11, 2024

Better operational efficiency Nearly all ( 89%) of IT decision makers agree that data analytics is the lifeblood of modern government. Because AI can crunch down and produce actionable data in seconds to significantly improve operational efficiency, cost optimization, service delivery, and compliance. The choice is obvious.

Cost-Benefit 105

Cost-Benefit Predictive Analytics Data-driven Risk 105

CIO Business Intelligence

AUGUST 22, 2023

If digital transformation is a journey, when does it end? This is a question I am asked often by IT leaders who prefer slowing down the pace of transformation and technology innovation. Another study of 4,000 global organizations found that only 44% had a high digital maturity.

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Digital Transformation Data-driven Cost-Benefit Strategy 98

Jet Global

NOVEMBER 3, 2020

Being profitable and delivering the most value to shareholders starts with having a robust tax planning strategy that enables you to keep more of your hard-earned money while ensuring compliance with every tax district—and keeping your reputation intact. Digital Transformation.

Strategy 84

Strategy Digital Transformation Software Cost-Benefit 84

CIO Business Intelligence

DECEMBER 6, 2023

British multinational packaging giant DS Smith has committed itself to ambitious sustainability goals, and its IT strategy to standardize on a single cloud will be a key enabler. The single-cloud platform strategy will include SaaS partners used for automation of more than 40 enterprise applications, Dickson says.

Manufacturing 97

Manufacturing Data Lake Digital Transformation Machine Learning 97

CIO Business Intelligence

JANUARY 11, 2023

As the economic pendulum shifts to cost control, CIOs will have to find ways to continue achieving the same results but with less margin for error,” he notes. CIOs will be looking to rationalize their technology estate to reduce unnecessary cost and maintenance, and to minimize their security attack surface and privacy exposure.”

Digital Transformation 145

Digital Transformation Cost-Benefit Consulting Enterprise 145

Cloudera

AUGUST 3, 2021

Advanced analytics empower risk reduction . Advanced analytics and enterprise data are empowering several overarching initiatives in supply chain risk reduction – improved visibility and transparency into all aspects of the supply chain balanced with data governance and security. . Digital Transformation is not without Risk.

Analytics 108

Analytics Digital Transformation Risk Forecasting 108

CIO Business Intelligence

JUNE 28, 2023

The second stage focused on building algorithms and models to predict and simulate intricate biological conditions, accelerate discoveries, reduce risks, and optimize the cost-benefit ratio of technological developments using AI solutions. The team leaned on data scientists and bio scientists for expert support.

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

CIO Business Intelligence

FEBRUARY 17, 2023

In fact, the 150-year-old OEM used the business slowdown to develop its digital transformation strategy to reinvent itself internally and grow the internal value of the company, as well as the external value it provides its customers, says Mike Lee, senior vice president and CIO of Konica Minolta Business Solutions USA.

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Digital Transformation IoT Manufacturing Sales 105

CIO Business Intelligence

NOVEMBER 8, 2023

For companies whose business units have traditionally operated independently, centralizing IT operations under one strategy can reap significant benefits — especially when it comes to offering a holistic customer experience and establishing a unified data foundation for leveraging the latest emerging technologies.

IT 124

IT Insurance Machine Learning Cost-Benefit 124

CIO Business Intelligence

JANUARY 16, 2023

Choice Hotels International’s early and big bet on the cloud has allowed it to glean the many benefits of its digital transformation and devote more energies to a key corporate value — sustainability, its CIO maintains. It also helped reduce energy consumption and costs.

Cost-Benefit 144

Cost-Benefit Digital Transformation Data Warehouse Data-driven 144

Sisense

MARCH 26, 2021

Newly published research shows that companies aren’t getting the most out of their analytics. Companies surveyed by Harvard Business Review Analytic Services (HBR) report that two of the most important strategic benefits of using data analytics are (1) identifying new revenue and business models and (2) becoming more innovative.

Analytics 98

Analytics Data-driven Dashboards Experimentation 98

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.

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Optimization Digital Transformation Cost-Benefit Data Warehouse 119

FineReport

APRIL 9, 2024

Benefits of Healthcare Business Intelligence Tools Improved Decision-Making: Healthcare BI tools enable informed decision-making by providing real-time data analysis and predictive insights. Optimized Operational Efficiency: These tools streamline processes and resource allocation, leading to cost savings and improved resource utilization.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

CIO Business Intelligence

JUNE 1, 2022

Meanwhile, the digital twin market is set to grow at a 50% compound annual growth rate, reaching $184.5 For businesses like the McLaren Group, these two trends are at the core of the conglomerate’s digital transformation and competitive strategy, on and off the track. . billion by 2030. A Competitive Differentiator.

Manufacturing 119

Manufacturing Digital Transformation Predictive Analytics Strategy 119

CIO Business Intelligence

JUNE 21, 2023

In 2022, companies were still reeling from the rapid digital transformation efforts to survive the pandemic. The study’s data shows that as automation eliminates repetitive tasks, the pendulum will swing toward the distinctly human skills of communication, creativity, and analytical thinking.

Modeling 105

Modeling Cost-Benefit ROI Digital Transformation 105

CIO Business Intelligence

JUNE 23, 2023

VW’s primary goal for the project is to reduce the cost of manufacturing, accelerate time to market, tailor solutions for its unique manufacturing needs, increase safety, and scale the solution to all its factories globally. But as a spokesperson for VW told CIO.com, “The second goal is to open up new software business areas.

Manufacturing 105

Manufacturing Digital Transformation Cost-Benefit Enterprise 105

CIO Business Intelligence

DECEMBER 8, 2022

The negative impact of legacy networks can be substantial: increased operational costs, restricted potential for digital transformation and difficulty responding to the demands of the business. You can actually achieve the same benefit with ZTNA features that are readily available.”

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Cost-Benefit Digital Transformation Strategy Risk 128

Cloudera

JANUARY 28, 2022

As I meet with our customers, there are always a range of discussions regarding the use of the cloud for financial services data and analytics. Private cloud continues to gain traction with firms realizing the benefits of greater flexibility and dynamic scalability. Common tools for management, observability, performance and costs.

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Slice and Dice Cost-Benefit Risk Data Governance 111

erwin

JANUARY 30, 2020

However, the latest group of survey participants say better decision-making is their primary driver (62 percent), with analytics secondary (51 percent), and regulatory compliance coming in third (48 percent). Constructing a Digital Transformation Strategy: How Data Drives Digital.

Data Governance 145

Data Governance Metadata Cost-Benefit Digital Transformation 145

CIO Business Intelligence

JUNE 16, 2023

For MoneyGram International, migrating workloads from the mainframe to the cloud has been a boon for the bottom line — and a lifeline against increasing market disruption from digital money-transfer upstarts. Vaughan’s multicloud strategy is targeted to grow revenue and profits. But that has changed. “We

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Digital Transformation Cost-Benefit Marketing Strategy 98