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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.

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4 ways to ensure CEO support for your digital strategy

CIO Business Intelligence

In the age of digital transformation, the CIO’s role is increasingly central to business, focused on driving growth and establishing a new digital culture across the organization. But without the full support of the CEO, a CIO’s innovation and digital transformation agenda will only go so far.

Strategy 134
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Addressing cloud waste: 4 steps to cloud computing cost optimization

CIO Business Intelligence

How could any CIO or application manager resist the call to the cloud when companies started sharing the huge successes they were having with their migrations and overall digital transformations? Now, more than a decade later, business leaders recognize the advantages the cloud offers but are struggling with bloated cloud costs.

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5 signs your agile practices will lead to digital disaster

CIO Business Intelligence

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.

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Accenture to lay off 19,000 to cut costs amid economic uncertainty

CIO Business Intelligence

of its workforce, over the next 18 months to reduce costs amid uncertain macroeconomic conditions. The job cuts reflect stabilizing demand, following explosive post-pandemic growth, and prudent cost management, according to Ignacio Rasero, vice president for Moody’s Investors Service. billion to $16.7 billion to $16.7

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MRO spare parts optimization

IBM Big Data Hub

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.

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Humans and AI: Bargaining Power

DataRobot

How will the need for control affect the success of digital transformation and organizational change? ” Since some consumers receive noneconomic benefits from bargaining, organizations should think twice before implementing rigid processes where staff and customers have no control over the outcomes. Algorithm Aversion.