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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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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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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.

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Why you must extend Zero Trust to public cloud workloads

CIO Business Intelligence

1 The rapid migration to the public cloud comes with numerous benefits, such as scalability, cost-efficiency, and enhanced collaboration. 6 On top of that, the average cost of a data breach is over $4.4 6 On top of that, the average cost of a data breach is over $4.4 Operational costs. 8 Complexity. 8 Complexity.

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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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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.

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FP&A Digital Transformation: Balancing Risk & Outcomes

Jedox

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.