CIO Business Intelligence

MAY 8, 2024

For Expion Health, a cumbersome manual process to determine what rates to quote to potential new customers had become a cap on the healthcare cost management firm’s ability to grow its business. Expion hasn’t yet calculated the potential new business created, but the tool will save the company the cost of about 1.5 data analyst FTEs.

IT 111

IT Cost-Benefit Insurance Unstructured Data 111

CIO Business Intelligence

MAY 11, 2022

Climate change concerns have already impacted data center strategies. Over the past 18 months, industries have had to accelerate their digital transformation journeys to remain competitive. Take Singapore as an example, where climate change concerns have already impacted data center strategies. Target underutilisation.

Strategy 98

Strategy Digital Transformation Cost-Benefit Machine Learning 98

CIO Business Intelligence

NOVEMBER 28, 2023

As more businesses push forward with digital transformation projects, cloud computing has stood out as a powerful tool capable of fueling the analytics that drive new technologies like artificial intelligence (AI) and machine learning (ML)—two capabilities that are quickly becoming a must-have in nearly every organization.

Digital Transformation 119

Digital Transformation Cost-Benefit Strategy Optimization 119

CIO Business Intelligence

MARCH 6, 2024

While time is of the essence for companies in this transformation process, cybersecurity must not be an afterthought. An explosion of OT assets As digital transformation has built momentum, manufacturers have rapidly increased the number of OT assets connected to their internal networks.

ROI 126

ROI Manufacturing Cost-Benefit IoT 126

CIO Business Intelligence

JUNE 16, 2022

With a cloud-first approach, businesses can sidestep the high costs associated with on-premises deployment, installation, maintenance, and IT infrastructure upgrades with an option that scales capacity up or down based on need. Carving out a digital transformation edge.

Strategy 138

Strategy Enterprise Digital Transformation Data Processing 138

CIO Business Intelligence

FEBRUARY 16, 2024

For most organizations, a shift to the cloud brings scalability, access to innovative tools, and the possibility of cost savings. When you’re introducing many new applications, the ease of getting them up and running and lowered costs [on the cloud] is tremendously beneficial,” he says. An early partner of Amazon, the Roseburg, N.J.-based

Digital Transformation 116

Digital Transformation Experimentation Cost-Benefit Machine Learning 116

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

NOVEMBER 8, 2023

For companies whose business units have traditionally operated independently, centralizing IT operations under one strategy can reap significant benefits — especially when it comes to offering a holistic customer experience and establishing a unified data foundation for leveraging the latest emerging technologies.

IT 124

IT Insurance Machine Learning Cost-Benefit 124

CIO Business Intelligence

FEBRUARY 22, 2024

With the aim to accelerate innovation and transform its digital infrastructures and services, Ferrovial created its Digital Hub to serve as a meeting point where research and experimentation with digital strategies could, for example, provide new sources of income and improve company operations.

IT 105

IT Digital Transformation IoT Cost-Benefit 105

CIO Business Intelligence

DECEMBER 6, 2023

British multinational packaging giant DS Smith has committed itself to ambitious sustainability goals, and its IT strategy to standardize on a single cloud will be a key enabler. The single-cloud platform strategy will include SaaS partners used for automation of more than 40 enterprise applications, Dickson says.

Manufacturing 97

Manufacturing Data Lake Digital Transformation Machine Learning 97

CIO Business Intelligence

MAY 16, 2024

Digital transformation is a gradual journey, and for many CIOs, becoming more data-driven hinges on how sustainability practices are systematically adopted. We’ve also adopted new digital management methodologies, including artificial intelligence tools, in areas such as compliance and organization.”

Digital Transformation 59

Digital Transformation Data-driven Cost-Benefit Management 59

Cloudera

NOVEMBER 19, 2018

Sustainable development benefits corporations that embrace it as well as benefitting the world-wide community. To achieve success, they must formulate and implement strategies for sustainability that encompass not just environmental (“green”) issues, but also social, economic, and cultural concerns.

Digital Transformation 40

Digital Transformation IoT Cost-Benefit Uncertainty 40

CIO Business Intelligence

JANUARY 11, 2023

As the economic pendulum shifts to cost control, CIOs will have to find ways to continue achieving the same results but with less margin for error,” he notes. CIOs will be looking to rationalize their technology estate to reduce unnecessary cost and maintenance, and to minimize their security attack surface and privacy exposure.”

Digital Transformation 145

Digital Transformation Cost-Benefit Consulting Enterprise 145

CIO Business Intelligence

NOVEMBER 23, 2022

Enterprise architecture definition Enterprise architecture (EA) is the practice of analyzing, designing, planning, and implementing enterprise analysis to successfully execute on business strategies. Another main priority with EA is agility and ensuring that your EA strategy has a strong focus on agility and agile adoption.

Enterprise 128

Enterprise Cost-Benefit Digital Transformation Strategy 128

CIO Business Intelligence

OCTOBER 3, 2023

However since then great strides have been made in machine learning and artificial intelligence. 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. It’s been around since the early 2000s.

Cost-Benefit 122

Cost-Benefit Machine Learning Interactive Software 122

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. Enhanced automation and self-service will also be emphasized as part of the cloud optimization strategy, Nair says.

Optimization 119

Optimization Digital Transformation Cost-Benefit Data Warehouse 119

CIO Business Intelligence

JUNE 21, 2023

In 2022, companies were still reeling from the rapid digital transformation efforts to survive the pandemic. A common but critical challenge I hear from CIOs, CTOs, and CDOs every day is that they have a difficult time helping the C-suite understand that IT is the very architecture for the future of business, not a cost center.

Modeling 105

Modeling Cost-Benefit ROI Digital Transformation 105

IBM Big Data Hub

JANUARY 25, 2024

As such, more organizations are increasing their dedication to CX strategy and looking towards successful customer experience examples for inspiration. First, the organization puts the customers’ interest first when devising marketing strategies.

Consulting 75

Consulting Cost-Benefit Sales Strategy 75

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. How this strategy looks depends on the organization’s unique business needs as one affects the other.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

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

erwin

JANUARY 30, 2020

Digital transformation and data standards/uniformity round out the top five data governance drivers, with 37 and 36 percent, respectively. Constructing a Digital Transformation Strategy: How Data Drives Digital. Top Five: Benefits of An Automation Framework for Data Governance.

Data Governance 145

Data Governance Metadata Cost-Benefit Digital Transformation 145

CIO Business Intelligence

JUNE 1, 2022

Meanwhile, the digital twin market is set to grow at a 50% compound annual growth rate, reaching $184.5 For businesses like the McLaren Group, these two trends are at the core of the conglomerate’s digital transformation and competitive strategy, on and off the track. . billion by 2030. A Competitive Differentiator.

Manufacturing 119

Manufacturing Digital Transformation Predictive Analytics Strategy 119

CIO Business Intelligence

SEPTEMBER 8, 2022

For several decades this has been the story behind Artificial Intelligence and Machine Learning. As Andy Jassy, CEO of Amazon, said, “Most applications, in the fullness of time, will be infused in some way with machine learning and artificial intelligence.”. Be clear on the “why”.

Machine Learning 115

Machine Learning Cost-Benefit Data-driven Digital Transformation 115

CIO Business Intelligence

JANUARY 5, 2024

Then in March, the pandemic hit and hotel activity stopped, but it gave us the chance to accelerate the company’s transformation and digitalization process that started in 2018 with a five-year plan. You mentioned assembling a new data strategy to restructure the company. We made everything new from scratch. It’s exciting.

IT 116

IT Finance Cost-Benefit Strategy 116

CIO Business Intelligence

APRIL 11, 2022

Major IT trends, including security and privacy protection, cloud computing, machine learning, and remote workforces, as well as complying with an avalanche of regulatory mandates, have elevated the CIO post to a level of importance equal to, or even exceeding, that of fellow C-level executives. Position yourself as a change agent.

Cost-Benefit 119

Cost-Benefit Digital Transformation Strategy Consulting 119

CIO Business Intelligence

OCTOBER 1, 2022

The partners say they will create the future of digital manufacturing by leveraging the industrial internet of things (IIoT), digital twin , data, and AI to bring products to consumers faster and increase customer satisfaction, all while improving productivity and reducing costs. The power of people.

Manufacturing 145

Manufacturing Digital Transformation IoT Internet of Things 145

Cloudera

OCTOBER 30, 2023

Agility, innovation, and time-to-value are the key differentiators cloud service providers (CSP) claim to help organizations speed up digital transformation projects and business objectives. The main challenges are pointed out as a lack of resources/expertise, security, and from a different perspective, cloud cost management.

Analytics 79

Analytics Cost-Benefit ROI Business Objectives 79

IBM Big Data Hub

JANUARY 11, 2024

Instead of putting off change, leaders should seek new ways to accelerate digital transformation in their hybrid strategy. With a lean set of commands, it shouldn’t be a complicated language for newer developers to learn or understand.

Digital Transformation 110

Digital Transformation Modeling Deep Learning Visualization 110

CIO Business Intelligence

SEPTEMBER 14, 2023

As exchanges were modernizing, they looked at the cost benefit and realized it was better to buy Nasdaq’s technology,” Peterson says. The company’s pivot to new tech development and SaaS began in 2021 and is keenly focused on the cloud, machine learning, and AI, as well as blockchain for tracking digital assets.

Risk Management 116

Risk Management Risk Marketing Cost-Benefit 116

CIO Business Intelligence

NOVEMBER 21, 2023

Artificial intelligence is transforming the ways in which we do virtually everything. The role of AI has become so critical to military strategy and capability that the US Air and Space Forces appointed its first chief artificial intelligence officer this year. The DAF and the Secretary of the Air Force have prioritized AI.

Strategy 119

Strategy Machine Learning Technology Data-driven 119

CIO Business Intelligence

MARCH 9, 2022

Despite the worldwide chaos, UAE national airline Etihad has managed to generate productivity gains and cost savings from insights using data science. Our digital transformation has allowed us to be more streamlined, more agile, and more efficient. “Our Etihad is on a digital transformation journey.

Data Science 98

Data Science Data Lake Cost-Benefit Digital Transformation 98

CIO Business Intelligence

JANUARY 9, 2023

Three years ago, IT leaders were squarely focused on how to adopt fledgling AI techniques and approaches into their business models in service of digital transformations that included plans for shifting some workloads to the cloud. Inflation is a major issue for CIOs both in direct costs and labor,” Reeher says.

IT 145

IT Uncertainty Cost-Benefit Digital Transformation 145

CIO Business Intelligence

JANUARY 9, 2024

IT leaders say they’re discussing everything from the costs of AI implementations to whether AI is the existential threat to humanity some fear. And while they can’t answer the latter, they must lead the conversations on the former and other such topics. Which ideas will truly provide business value?

IT 140

IT Risk Cost-Benefit Enterprise 140

IBM Big Data Hub

FEBRUARY 14, 2024

Using machine learning (ML), AI can understand what customers are saying as well as their tone—and can direct them to customer service agents when needed. Running on neural networks , computer vision enables systems to extract meaningful information from digital images, videos and other visual inputs.

Cost-Benefit 89

Cost-Benefit Insurance Unstructured Data Machine Learning 89

CIO Business Intelligence

OCTOBER 13, 2022

As companies fast-track IT modernization to accelerate digital transformation and gain business advantage, there is an opportunity to rearchitect a greener IT environment and application portfolio that will drive cost efficiencies and contribute to broader corporate sustainability goals. of all global carbon emissions.

IT 59

IT Cost-Benefit Internet of Things IoT 59

IBM Big Data Hub

JUNE 23, 2023

Insurers are also struggling with high, mostly fixed costs and the complexities of maintaining legacy systems, which makes current variable cost-based alternatives more attractive. Insurers want to shift from fixed to variable, “pay-as-you-go” operating costs.

Insurance 62

Insurance Cost-Benefit Digital Transformation Marketing 62

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