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

JANUARY 22, 2024

AI-driven technology is not just a side project anymore. 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.

Cost-Benefit 105

Cost-Benefit Digital Transformation Data-driven Interactive 105

CIO Business Intelligence

FEBRUARY 5, 2024

Could you share some facts and figures about Mashreq’s digital transformation process over recent years? Mashreq’s digital transformation in recent years has been both profound and customer-centric. This strategic move has seen a marked increase in online transactions and digital customer engagements.

IT 119

IT Digital Transformation Cost-Benefit Technology 119

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.

Digital Transformation 98

Digital Transformation Data-driven Cost-Benefit Strategy 98

Jet Global

MARCH 6, 2020

The industrial manufacturing industry produces unprecedented amounts of data, which is increasing at an exponential rate. Worldwide data is expected to hit 175 zettabytes (ZB) ?by by 2025, and 90 ZB of this data will be from IoT devices. Managing this increasing amount of data can wreak havoc on your financial teams.

Manufacturing 75

Manufacturing Data-driven Finance KPI 75

IBM Big Data Hub

FEBRUARY 2, 2022

Amidst this era of digital reinvention, IBM lays claim to an impressive streak of AI market leadership. In the latest IDC market share report, IBM was ranked #1 in AI Life-Cycle Software , with the largest 2020 market share at 13.7% y/y based on the most recent data available. [1] y/y based on the most recent data available. [1]

Software 52

Software Marketing Reporting Digital Transformation 52

BizAcuity

MAY 24, 2022

Cloud is now the backbone of digital transformation. Benefits of Cloud Adoption. Quick recap from the previous blog- The cloud is better than on-premises solutions for the following reasons: Cost cutting: Renting and sharing resources instead of building on your own. Starting with cloud adoption. No pun intended.

Data-driven 52

Data-driven Cost-Benefit Digital Transformation Strategy 52

CIO Business Intelligence

SEPTEMBER 25, 2023

Its challenge was not the typical digital transformation from within, which was already under way at the time, but a shift of its product offerings from industrial control hardware to software-as-a-service priced with a subscription-based maintenance model its customers were adopting with other partners.

Modeling 105

Modeling Manufacturing Digital Transformation Cost-Benefit 105

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

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

SEPTEMBER 12, 2022

The COVID-19 pandemic hastened our already digital-centric culture to become even more digitally driven. People rely on their smartphones, social platforms, and digital channels for information, entertainment, and online purchases. Similarly, Cybersource data reveals that 54% of U.S. Nearly two-thirds (65%) of U.S.

Digital Transformation 98

Digital Transformation Recreation/Entertainment Cost-Benefit Sales 98

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. For other companies, AI use in customer service has also been driven by consumer’s increased expectations.

Enterprise 141

Enterprise Cost-Benefit Optimization Deep Learning 141

FineReport

APRIL 9, 2024

Understanding Healthcare BI Tools The Role of Healthcare BI Tools Healthcare BI tools are instrumental in revolutionizing decision-making processes and patient care through the utilization of advanced data analysis and technology.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

IBM Big Data Hub

MARCH 14, 2024

According to a study conducted by HFS Research in partnership with IBM Consulting®, only 25% of surveyed enterprises have reported solid ROI on business outcomes from their cloud transformation efforts. This is exacerbated by the increasing challenges of platform scaling, skilling, cybersecurity and the explosion of data volumes.

ROI 78

ROI Business Objectives Cost-Benefit Enterprise 78

AWS Big Data

DECEMBER 21, 2023

This is a guest post co-written by Alex Naumov, Principal Data Architect at smava. Based on digital processes, smava compares loan offers from more than 20 banks. In this way, borrowers can choose the deals that are most favorable to them in a fast, digitalized, and efficient way.

Data Lake 88

Data Lake Data Warehouse Data-driven B2B 88

Jedox

APRIL 10, 2019

Whether saving costs or improving revenue, FP&A digital transformation projects must provide strong gains in productivity and effectiveness. Jedox conducted a global Survey with ACCA and discovered only 35% of organizations have a digital transformation roadmap in place. There are many reasons.

Digital Transformation 42

Digital Transformation Risk Finance Sales 42

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. The process is driven by a “comprehensive picture of an entire enterprise from the perspectives of owner, designer, and builder,” according to the EABOK.

Enterprise 128

Enterprise Cost-Benefit Digital Transformation Strategy 128

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. Even as its cloud journey reaches cruising altitude, Cathay Pacific Group IT is not slowing down.

Optimization 111

Optimization Digital Transformation Cost-Benefit Data Warehouse 111

CIO Business Intelligence

OCTOBER 23, 2023

In today’s uncertain economic landscape, it is no surprise that organizations are driven to optimize business costs. All of these present challenges for IT professionals within their day-to-day activities in data centers. With outdated and inefficient equipment, valuable resources and energy are being wasted in data centers.

Cost-Benefit 103

Cost-Benefit Uncertainty Digital Transformation Optimization 103

CIO Business Intelligence

AUGUST 17, 2022

In less than five minutes, you can take hold of useful and relevant information that will help you make more insights-driven decisions over the next six months. Trend #1: Critical nature of data and cyber resilience in the face of increasing cyberattacks. Cybercrime cost U.S. businesses more than $6.9

Enterprise 110

Enterprise Cost-Benefit Snapshot Data-driven 110

CIO Business Intelligence

NOVEMBER 21, 2023

There are ample reasons why 77% of IT professionals are concerned about shadow IT, according to a report from Entrust. Still, there is a steep divide between rogue and shadow IT, which came under discussion at a recent Coffee with Digital Trailblazers event I hosted.

IT 137

IT Risk Cost-Benefit Risk Management 137

erwin

JANUARY 30, 2020

I’m excited to share the results of our new study with Dataversity that examines how data governance attitudes and practices continue to evolve. Defining Data Governance: What Is Data Governance? . Not surprisingly, the respondents that shaped the 2018 report ranked regulatory compliance as the No.

Data Governance 145

Data Governance Metadata Cost-Benefit Digital Transformation 145

CIO Business Intelligence

APRIL 1, 2024

That’s not hyperbole: TEKsystems’ 2024 State of Digital Transformation report found that 53% of organizations classified as digital leaders are confident that their digital investments will meet expected ROIs. I need one managing data and orchestrating the OEM platform base to drive business results.”

Strategy 140

Strategy IT ROI Digital Transformation 140

CIO Business Intelligence

JUNE 21, 2023

One report estimates that 4,000 positions were eliminated by AI in May alone. In 2022, companies were still reeling from the rapid digital transformation efforts to survive the pandemic. If we just slap the letters “GPT” to our efforts, everything will be right on track, right? Where will your business be in 10 years?

Modeling 105

Modeling Cost-Benefit ROI Digital Transformation 105

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 cyberthreat landscape is evolving and countries such as India are facing an alarming rate of increase in cyberattacks ( Q2 of 2023 saw a 90% increase ).

Cost-Benefit 75

Cost-Benefit Digital Transformation Data-driven Strategy 75

Cloudera

JUNE 22, 2023

In spite of diligent digital transformation efforts, most financial services institutions still support a loose patchwork of siloed systems and repositories. The top-line benefits of a hybrid data platform include: Cost efficiency. Simplified compliance. Improved scalability and agility. Flexibility.

Cost-Benefit 65

Cost-Benefit Digital Transformation Data Governance Unstructured Data 65

CIO Business Intelligence

NOVEMBER 18, 2022

The cloud offers limitless scalability and flexibility, powering digital transformation across every industry. But when not managed strategically in the long run, cloud spending can quickly escalate and impact margins, cost of goods sold (COGS), and cost of revenue (COR).

Optimization 91

Optimization KPI Key Performance Indicator Cost-Benefit 91

Cloudera

JANUARY 30, 2024

With the ability of manufacturers to store a huge volume of historical data, AI can be applied in general business areas of any industry, like developing recommendations for marketing, supply chain optimization, and new product development. Advanced technologies are only part of the digital transformation story.

Manufacturing 79

Manufacturing Contextual Data IoT Digital Transformation 79

CIO Business Intelligence

SEPTEMBER 25, 2023

Digital transformation has become an essential part of business success. According to TEKsystems’ 2023 State of Digital Transformation , 41% of organizations’ digital transformation (DX) initiatives have failed to achieve their desired outcomes. That’s not digital transformation.

Digital Transformation 145

Digital Transformation Measurement Data-driven Metrics 145

DataRobot

OCTOBER 18, 2021

How will the need for control affect the success of digital transformation and organizational change? Will consumer behavior change when inflexible data-driven AI systems are the norm? Solving algorithm aversion is a key to successful digital transformation. Algorithm Aversion. Augmented Humans.

Forecasting 145

Forecasting Digital Transformation Cost-Benefit Data-driven 145

Sisense

MARCH 26, 2021

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. 39% of companies want to identify new revenue and business opportunities with data analytics.

Analytics 98

Analytics Data-driven Dashboards Experimentation 98

IBM Big Data Hub

JULY 26, 2023

In this new era, however, generative AI can deliver more using targeted advisors and the use cases that benefit from it will continue to expand. Processes such as job description creation, auto-grading video interviews and intelligent search that once required a human employee can now be completed using data-driven insights and generative AI.

Digital Transformation 71

Digital Transformation Cost-Benefit Data-driven Strategy 71

IBM Big Data Hub

DECEMBER 12, 2023

An IBM CEO study , based on interviews with 3,000 CEOs worldwide, reveals that CEOs who successfully integrate sustainability and digital transformation report a higher average operating margin than their peers. Strategic planning and operational efficiency Strategic maintenance planning drives significant cost savings.

Management 79

Management Cost-Benefit Optimization Strategy 79

Ontotext

MAY 16, 2024

There is a confluence of activity – including generative AI models, digital twins, and shared ledger capabilities – that are having a profound impact on enterprises. Industry analyst reports place contextualized information and graph technologies at the center of their impact radar for emerging technologies. What is Graph COE?

Enterprise 52

Enterprise Data-driven Cost-Benefit Digital Transformation 52

Cloudera

JANUARY 5, 2023

In the past year, businesses who doubled down on digital transformation during the pandemic saw their efforts coming to fruition in the form of cost savings and more streamlined data management. 1- Treating data as a strategic business asset .

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

John Wheeler

NOVEMBER 25, 2020

The shift in the IRM buyers from IT leaders to business leaders is being driven by an increasing need to better understand the tactical view of technology risks in a strategic business context. This is primarily driven by an increasing need to better understand the tactical view of technology risks in a strategic business context.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

Alation

JULY 15, 2022

Data ethics is both an imperative and an opportunity. New regulations covering data privacy and other ethical concerns require that enterprises govern internal data processes according to these new laws. I asked attendees: How often do you think about data ethics? What does data ethics mean to you?

Cost-Benefit 89

Cost-Benefit Data Governance ROI Risk 89

IBM Big Data Hub

OCTOBER 13, 2023

Changes in customer needs and customer demand are happening as you read this, but lack of visible data might prevent you from realizing these changes in time to act on them. Supply chain teams often have visibility into global supply chain shifts, but the data is often siloed and inaccessible to other team members.

Marketing 76

Marketing Cost-Benefit Optimization Digital Transformation 76