CIO Business Intelligence

NOVEMBER 8, 2023

The technology talent gap continues to inflate labor costs, too, despite big layoffs in high tech, CIOs say, and they’ve seen double-digit increases in SaaS and cloud costs over the last two years. They weren’t communicating enough and it cost them a lot,” he says. in June, 2022, to 3.7%

IT 133

IT Cost-Benefit Digital Transformation Software 133

CIO Business Intelligence

FEBRUARY 12, 2024

In addition, SAP customers should understand the benefits, protections, and limitations that SAP will provide in exchange for access to data. As early adopters begin to communicate the benefits of successful RISE implementations, and SAP announces more flagship customer wins, pressure on industry executives will increase.

Consulting 118

Consulting Cost-Benefit Strategy Modeling 118

CIO Business Intelligence

SEPTEMBER 20, 2023

But speaking to many IT leaders, there are often gaps between how IT runs Scrum, Kanban, or other agile practices and what CIOs need in order to achieve digital transformation objectives. Their comments offer insights as to what to do if your teams are “doing agile” but aren’t agile enough to deliver digital transformation results.

Digital Transformation 135

Digital Transformation Uncertainty Metrics Business Objectives 135

CIO Business Intelligence

MAY 15, 2024

Generative AI (GenAI) has the potential to transform entire industries, especially in customer service and coding. If Act One of digital transformation was building applications—for example, building omnichannel customer experiences—then Act Two is adding GenAI. Is there a risk of enterprise data being exposed via an LLM ?

Cost-Benefit 52

Cost-Benefit Risk Modeling Digital Transformation 52

CIO Business Intelligence

SEPTEMBER 14, 2022

IT leaders in EMEA are increasingly leading digital transformation efforts, with 84% of CIOs saying they’re responsible for these efforts, according to the Foundry 2022 State of the CIO study. Yet, there is risk in sidelining these issues and not moving quickly. Accelerate your digital transformation by starting here.

IT 97

IT Digital Transformation Cost-Benefit Consulting 97

IBM Big Data Hub

JANUARY 25, 2024

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 regulations, undergoing digital transformation and the need for cost-cutting. A 40% reduction in inventory costs.

Optimization 82

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 82

CIO Business Intelligence

DECEMBER 5, 2023

But as digital transformation efforts have intensified in recent years, CIOs have had fewer opportunities to pause and reevaluate IT’s financial situation. That means taking a long hard look at costs and ensuring their spend is focused on the future and not just maintaining the past,” says Jay Upchurch, EVP and CIO at SAS.

IT 138

IT Cost-Benefit Digital Transformation ROI 138

IBM Big Data Hub

JANUARY 16, 2024

Since AI has an ability to find trends in data, AI helps insurers create personalized products which could lead to more accurate risk assessments and ease insurance costs for individuals. Mitigation efforts and having the proper risk management tools will be vitally important as threats increase.

Risk Management 51

Risk Management Insurance Cost-Benefit Risk 51

CIO Business Intelligence

MAY 16, 2023

As most banks maintain a hybrid of physical and digital records, front-line branch associates struggle to provide a friendly, frictionless customer experience. What the chief banking officer understood while visiting a competitor’s branch was both the complexity and the necessity of digital transformation, including paperless initiatives.

Digital Transformation 104

Digital Transformation Uncertainty Risk Cost-Benefit 104

CIO Business Intelligence

FEBRUARY 26, 2024

Here, in an extract from his book, AI for Business: A practical guide for business leaders to extract value from Artificial Intelligence , Peter Verster, founder of Northell Partners, a UK data and AI solutions consultancy, explains four of them. Are team members disincentivised from taking risks due to fear of repercussions or attitudes?

Experimentation 126

Experimentation Cost-Benefit Digital Transformation Risk 126

CIO Business Intelligence

MAY 9, 2023

“Cloud-first strategy” became a cure-all for datacenter impediments, as well as an IT leader’s tentpole for digital transformation. Others conducted apples-to-apples comparisons of public cloud versus on-premises costs. More recently some organizations have reported diminishing returns from their public cloud implementations.

ROI 126

ROI Cost-Benefit KPI Uncertainty 126

CIO Business Intelligence

NOVEMBER 23, 2022

Modern EA strategies now extend this philosophy to the entire business, not just IT, to ensure the business is aligned with digital transformation strategies and technological growth. Bizzdesigns asked respondents what IT benefits their EA program currently delivers and the top response was improved IT investment decisions.

Enterprise 128

Enterprise Cost-Benefit Digital Transformation Strategy 128

CIO Business Intelligence

APRIL 18, 2023

A fractional CIO is a technology leader hired on a temporary or part-time basis, explains Peter Kirkwood, corporate strategy leader at management consulting and strategy advisory firm Zinnov. Other responsibilities may include addressing digital transformation initiatives, guiding application development, and identifying security issues.

Consulting 121

Consulting Digital Transformation Enterprise Cost-Benefit 121

CIO Business Intelligence

FEBRUARY 27, 2023

We’ve entered another year where current economic conditions are pressuring organizations to do more with less, all while still executing against digital transformation imperatives to keep the business running and competitive. The growth of Kubernetes, and the benefits it brings to organizations, is not something that is going away.

Cost-Benefit 145

Cost-Benefit Digital Transformation Strategy Software 145

CIO Business Intelligence

APRIL 20, 2023

CIO enablement Historically, CIOs have been vital enablers during times of major change, championing e-commerce, digital transformation or agile ways of working. Like anything, the hard work is the initial assessment,” says CGI director of business consulting and CIO advisor Sean Sadler.

Consulting 105

Consulting Cost-Benefit Insurance Finance 105

CIO Business Intelligence

SEPTEMBER 19, 2023

Organizations all around the globe are implementing AI in a variety of ways to streamline processes, optimize costs, prevent human error, assist customers, manage IT systems, and alleviate repetitive tasks, among other uses. And with the rise of generative AI, artificial intelligence use cases in the enterprise will only expand.

Enterprise 141

Enterprise Cost-Benefit Optimization Deep Learning 141

CIO Business Intelligence

MAY 3, 2022

The dramatic shift to cloud services over the past few years has given organizations unprecedented flexibility and scalability, enabling them to forge ahead with digital transformation efforts. Controlling costs. Addressing cybersecurity risks. Enterprises don’t typically deploy one cloud service and call it a day.

Management 144

Management Scorecard Cost-Benefit Risk 144

CIO Business Intelligence

OCTOBER 3, 2023

Hyperautomation is a key enabler of digital transformation, often touted as being necessary for an organisation’s survival, but often hampered by economic pressures and talent shortages. These tools bring benefits beyond automation. Managing change and communicating the benefits effectively will be crucial.

Cost-Benefit 122

Cost-Benefit Machine Learning Interactive Software 122

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

OCTOBER 13, 2022

Modernizing the application estate through cloud migration is a key part of any digital transformation strategy. As part of an application portfolio rationalization, organizations must understand what each application does, how it could benefit from transformation, and what path is right for cloud migration.

Cost-Benefit 111

Cost-Benefit Data-driven Optimization Digital Transformation 111

IBM Big Data Hub

DECEMBER 20, 2023

Without an AI strategy, organizations risk missing out on the benefits AI can offer. It can help organizations unlock their potential, gain a competitive advantage and achieve sustainable success in the ever-changing digital era. List issues AI can address and the benefits to be gained.

Strategy 80

Strategy Business Objectives Cost-Benefit Consulting 80

CIO Business Intelligence

MAY 31, 2022

The CIO role is undergoing fundamental changes as enterprises alter their expectations for how IT capabilities are deployed, says Elizabeth Ebert, CIO advisory partner at IT services firm Infosys Consulting. In order for today’s CIOs to be successful, they need to be able to apply a proper risk profile to each revenue source,” he says.

IT 122

IT Cost-Benefit Risk Enterprise 122

IBM Big Data Hub

NOVEMBER 30, 2023

Driven by accelerated hybrid cloud adoption and digital transformation efforts, the region is currently a beacon of innovation and a battleground for cyberthreats. The consolidation of client environments within a centralized platform streamlined operations, improved scalability and reduced costs.

Cost-Benefit 74

Cost-Benefit Digital Transformation Data-driven Strategy 74

CIO Business Intelligence

APRIL 11, 2022

Gone are the days of the CIO being a back-office IT cost manager,” declares Chris Scheefer, vice president of intelligent industry at technology services and consulting firm Capgemini Americas. Today’s CIO must adapt and become a business strategist, a digital innovator, and an orchestrator for business.”. Build business value.

Cost-Benefit 119

Cost-Benefit Digital Transformation Strategy Consulting 119

IBM Big Data Hub

JUNE 26, 2023

The benefits of AIOps are many. For today’s IT professionals, AIOps is also one of the fastest ways to realize tangible ROI from digital transformation investments. But “always-on” is costly, and too many organizations overprovision to mitigate performance risks (and overspend in the process).

Digital Transformation 57

Digital Transformation Cost-Benefit ROI Data-driven 57

IBM Big Data Hub

JULY 19, 2023

The industry is under tremendous pressure to accelerate drug development at an optimal cost, automate time- and labor-intensive tasks like document or report creation to preserve employee morale, and accelerate delivery. Supply Chain: Demand forecasting, supply chain optimization, risk assessment and mitigation.

Consulting 66

Consulting Machine Learning Manufacturing Optimization 66

IBM Big Data Hub

DECEMBER 18, 2023

As enterprises look to address these requirements and achieve growth while adopting innovative AI and hybrid cloud technologies, IBM will continue to meet clients wherever they are in their journeys by helping them make workload placement decisions based on resiliency, performance, security, compliance and cost.

Digital Transformation 71

Digital Transformation Risk Data Processing Enterprise 71

CIO Business Intelligence

NOVEMBER 7, 2022

Panorama Consulting Solutions, which regularly surveys businesses on the outcomes of their ERP projects, shows in its 2022 report that 81% of projects met ROI expectations a year or more after go-live. While we weren’t naïve to the risk of disruption to the business, the extent and magnitude was greater than we anticipated.”

Manufacturing 128

Manufacturing Cost-Benefit Sales Consulting 128

CIO Business Intelligence

MARCH 21, 2022

Staying razor-focused on business benefits and communicating in a language everyone understands is central to successful IT initiatives, whether the project involves state-of-the-art technology like robotic process automation (RPA) or is a bit more mundane, like upgrading an aging data center. For example, the C-suite’s No. Credit: CIO.

IT 131

IT Digital Transformation Consulting Technology 131

bridgei2i

FEBRUARY 24, 2021

In our latest episode of the AI to Impact podcast, host Monica Gupta – Manager of AI Actions, meets with Sunil Mudgal – Advisor, Talent Analytics, BRIDGEi2i, to discuss the benefits of adopting AI-powered surveillance systems in HR organizations. How, do you assess the impact of these costs on business outcomes? Subscribe Now.

Cost-Benefit 92

Cost-Benefit Recreation/Entertainment Digital Transformation Scorecard 92

bridgei2i

JUNE 3, 2020

CTD’s growth over the last two decades was aided by technological innovation and the steady drop of electronics components’ costs, driven by economies of scale. Businesses need to improve their digital channels to welcome and delight users; they need to figure out a way to present an omnichannel experience.

Technology 92

Technology Digital Transformation Recreation/Entertainment Manufacturing 92

CIO Business Intelligence

APRIL 7, 2023

Digital transformation is crucial for the sustainability and resilience of professional accountancy organizations to meet changing business and market demands,” according to the International Federation of Accountants. Digital in business accounting is the best thing there is.

Management 98

Management Digital Transformation B2B Marketing 98

CIO Business Intelligence

SEPTEMBER 8, 2022

Gathering and processing data quickly enables organizations to assess options and take action faster, leading to a variety of benefits, said Elitsa Krumova ( @Eli_Krumova ), a digital consultant, thought leader and technology influencer. This means that all changes, all transitions, are instantaneous.

Cost-Benefit 122

Cost-Benefit Internet of Things Data-driven Data Lake 122

CIO Business Intelligence

APRIL 18, 2022

Organizations that continued full speed ahead with their digital transformation initiatives during the COVID-19 pandemic are able to ruminate on what went right and what they would have done differently, with the benefit of hindsight. CIOs and other IT leaders share seven secrets of how to get digital transformation right.

Digital Transformation 145

Digital Transformation Dashboards Cost-Benefit Consulting 145

CIO Business Intelligence

JULY 31, 2023

1 question now is to allow or not allow,” says Mir Kashifuddin, data risk and privacy leader with the professional services firm PwC US. Rapidly evolving risks Companies that have blocked the use of gen AI are finding that some workers are still testing it out. Douglas Merrill, a partner at management consulting firm McKinsey & Co.,

Strategy 98

Strategy Risk Enterprise Risk Management 98

CIO Business Intelligence

DECEMBER 11, 2023

Christoph Wollersheim, a member of the services and artificial intelligence practices group at global consulting firm Egon Zehnder, pinpoints five critical areas most organizations need to address when implementing AI: accuracy, bias, security, transparency, and societal responsibility. We intend to implement it in Q1 2024.”

Modeling 131

Modeling Risk Strategy Software 131

CIO Business Intelligence

APRIL 30, 2024

Describe your role — and skills you apply — in digital transformation initiatives drawing from past accomplishments relevant to the position. Some people are happy at big companies and the benefits that go with it. Explain your accomplishments and what you’ve done in relationship to the industry, company, and role.

IT 88

IT Technology Advertising Marketing 88