article thumbnail

Business Strategies for Deploying Disruptive Tech: Generative AI and ChatGPT

Rocket-Powered Data Science

Second, doing something new (especially something “big” and disruptive) must align with your business objectives – otherwise, you may be steering your business into deep uncharted waters that you haven’t the resources and talent to navigate.

Strategy 289
article thumbnail

How to build a successful AI strategy

IBM Big Data Hub

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Business strategy examples

IBM Big Data Hub

A successful business strategy dictates the allocation of resources and outlines how a company will achieve its strategic goals. Whether the organization is focused on developing new products or marketing an existing service to an under-served demographic, having a solid strategy will help an organization realize its long-term goals.

article thumbnail

How to build a successful procurement strategy

IBM Big Data Hub

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. A procurement strategy is not merely a series of steps for acquiring goods and services. What is a procurement strategy?

article thumbnail

Involta: On a mission to transform the world through technology

CIO Business Intelligence

It also emphasizes Involta’s focus on the three pillars of its ESG strategy: environmental sustainability, employee well-being, and strong governance practices. Kremer notes that Involta is proud to support that important work by driving change and innovation in the technology sector.

article thumbnail

Whether your technology is new or old, lifecycle management is key

CIO Business Intelligence

Does your organization see technology infrastructure as a commodity or as a strategic business enabler? The answer will shape your approach to infrastructure: you can keep legacy infrastructure going as long as you can, or you can pursue the cutting edge of technology. Legacy technology also affects sustainability.

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.