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3 key digital transformation priorities for 2024

CIO Business Intelligence

The analyst reports tell CIOs that generative AI should occupy the top slot on their digital transformation priorities in the coming year. Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control. Luckily, many are expanding budgets to do so. “94%

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Accelerate hybrid cloud transformation through IBM Cloud for Financial Service Validation Program

IBM Big Data Hub

The cloud represents a strategic tool to enable digital transformation for financial institutions As the banking and other regulated industry continues to shift toward a digital-first approach, financial entities are eager to use the benefits of digital disruption. Most of these new technologies are born-in-cloud.

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Future-Proofing Your Business with Hyperautomation

CIO Business 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. These tools bring benefits beyond automation. Managing change and communicating the benefits effectively will be crucial.

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Five Trends for the Financial Services Industry to Track in 2021

Cloudera

The acceleration in digital transformation brought on by the pandemic is now a force to further embrace. . Trend #1: The Crossroads of Risk Management and Emerging Technology. Artificial intelligence and machine learning (AI/ML) will be central to risk modeling in 2021 and the future.

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20 issues shaping generative AI strategies today

CIO Business Intelligence

As vendors add generative AI to their enterprise software offerings, and as employees test out the tech, CIOs must advise their colleagues on the pros and cons of gen AI’s use as well as the potential consequences of banning or limiting it. Douglas Merrill, a partner at management consulting firm McKinsey & Co.,

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CEOs’ top priorities for IT leaders today

CIO Business Intelligence

The study identified the top CEO priorities as, among others, leading digital transformation, reducing security risk, strengthening collaboration with executive colleagues, and implementing AI. 1 mandate to for CIOs to lead digital transformation. That’s not the only message CEOs are sharing.

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Generative AI copilots: What’s hype and where to drive results

CIO Business Intelligence

Many employees want to experiment with AI assistants like Microsoft Copilot, while CIOs are under pressure from their CEOs to realign digital transformation priorities and deliver business value with generative AI capabilities. IT leaders are exploring how different gen AI tools transform the software development lifecycle.