CIO Business Intelligence

MAY 9, 2023

When deciding which modernization path to take, some companies choose to scrap their mainframe, a costly endeavor that increases the risk of downtime and sacrifices its powerful benefits. Because of the development of open DevOps/AppDev solutions, businesses can deliver applications to market faster, at lower cost, and with less risk.

Cost-Benefit 105

Cost-Benefit Software Digital Transformation Risk 105

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

CIO Business Intelligence

AUGUST 8, 2022

But the benefits of buying in early to cloud-based productivity services didn’t stop there for Grant Thornton. More importantly, the benefits led Swift to speed up Grant Thornton’s ongoing digital transformation, with a focus on the desktop. It will also save the firm a bundle on hardware costs.

Cost-Benefit 91

Cost-Benefit Digital Transformation Testing Data Warehouse 91

CIO Business Intelligence

OCTOBER 21, 2022

But, with all this growth comes new potential costs. Amid a fast-changing landscape, contact center executives have a critical task: Keep pace and grow while also reducing costs and driving efficiency. Let’s look at four key decisions that can fuel effective cost management in contact centers.

Cost-Benefit 97

Cost-Benefit Testing Metrics Marketing 97

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. Digital Transformation, Enterprise Applications, IT Strategy, Software Development

Strategy 140

Strategy IT Digital Transformation ROI 140

CIO Business Intelligence

AUGUST 16, 2023

But today, Svevia is driving cross-sector digitization projects where new technology for increased safety for road workers and users is tested. When I came in three years ago, it was with the task of digitizing the company,” says Svevia CIO Maria Wester. “In This leads to environmental benefits and fewer transports.

Risk 98

Risk Cost-Benefit Digital Transformation Internet of Things 98

CIO Business Intelligence

NOVEMBER 7, 2023

Furthermore, Huawei has introduced a groundbreaking feature in the form of a digital map for campus networks, which empowers real-time monitoring and quality management at various network levels. It plays a pivotal role in accelerating digital transformation across sectors.

IoT 126

IoT Digital Transformation Sales Uncertainty 126

CIO Business Intelligence

FEBRUARY 29, 2024

Captive centers are no longer just means of value creation, providing cost savings and driving process standardization. They are driving organization-wide innovation, facilitating digital transformations, and contributing to revenue growth. The upside of captives today Some benefits of captive centers are the same as ever.

Cost-Benefit 116

Cost-Benefit Risk Modeling Strategy 116

IBM Big Data Hub

APRIL 4, 2024

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. Benefits of partnering with IBM?

Cost-Benefit 60

Cost-Benefit Risk Management Risk Digital Transformation 60

IBM Big Data Hub

JANUARY 25, 2024

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.

Optimization 81

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 81

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

Smarten

NOVEMBER 28, 2023

And, as McKinsey reports, continuous improvement companies seek to eliminate costs and to empower employees to improve efficiency and growth of product and service innovation. There is good reason for these results. Continuous improvement improves results!

Analytics 67

Analytics Digital Transformation Cost-Benefit Testing 67

CIO Business Intelligence

NOVEMBER 8, 2023

Maintaining them through upgrades and ensuring compatibility with core systems was draining, costing too much time and money. Every upgrade required long integration and test cycles. This was limiting the ability of Union Pacific to focus on new digital innovations, automation, and business model changes.

Cost-Benefit 126

Cost-Benefit Digital Transformation Data-driven Finance 126

CIO Business Intelligence

SEPTEMBER 14, 2022

To cater for continued flux, growth, scalability, security, and cost control. The business case should be built on the competitive advantages (or the organization’s mandates), operational efficiency, and both direct and indirect cost savings. Your approach should also include tooling for estimating migration costs.

Digital Transformation 114

Digital Transformation Cost-Benefit Optimization Strategy 114

CIO Business Intelligence

OCTOBER 16, 2023

As a result, Huawei knows first-hand the challenges a manufacturer faces along the different stages of its digital journey. When it faces a challenge in its own digital transformation, it takes lessons from itself on how to increase operational efficiency while ensuring quality.

Manufacturing 133

Manufacturing Strategy Cost-Benefit IoT 133

Smarten

JANUARY 10, 2024

So, while Grok claims to offer a competitive advantage with its real-time approach, users must have an X account to enjoy the benefits of Grok and they must pay a premium which is comparable to the real-time premium version of OpenAI that is currently available to the public. with a 175 billion parameter training model and GPT 4 with 1.76

Marketing 52

Marketing Modeling IT Digital Transformation 52

IBM Big Data Hub

AUGUST 15, 2023

Our partnership benefits from IBM’s expertise in cloud computing , artificial intelligence (AI) and analytics, and TCS’s experience in digital transformation, consulting and cloud-engineering services. Meeting these requirements necessitates a meticulous focus on architecture, controls and testing.

Consulting 64

Consulting Cost-Benefit Digital Transformation Testing 64

CIO Business Intelligence

FEBRUARY 27, 2023

We’ve entered another year where current economic conditions are pressuring organizations to do more with less, all while still executing against digital transformation imperatives to keep the business running and competitive. The growth of Kubernetes, and the benefits it brings to organizations, is not something that is going away.

Cost-Benefit 145

Cost-Benefit Digital Transformation Strategy Software 145

CIO Business Intelligence

MARCH 17, 2022

With private 5G, enterprises can realize game-changing benefits in cybersecurity, system controls, reliability, and scalability as well as significantly lower latency of the network. Regardless of industry, the drive for digital transformation of operations and experience, enabled by technologies like private 5G, is in full force.

Digital Transformation 98

Digital Transformation Cost-Benefit Testing Enterprise 98

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. Cloud Computing, Digital Transformation, Travel and Hospitality Industry

Optimization 119

Optimization Digital Transformation Cost-Benefit Data Warehouse 119

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. This minimizes upfront disruption while reducing maintenance costs over time.

Cost-Benefit 65

Cost-Benefit Digital Transformation Data Governance Unstructured Data 65

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

IBM Big Data Hub

NOVEMBER 3, 2023

In the age of constant digital transformation, organizations should strategize ways to increase their pace of business to keep up with — and ideally surpass — their competition. This is why it’s important to empower more business professionals to benefit from events. Today, it’s normally developers.

Cost-Benefit 77

Cost-Benefit Experimentation Testing Digital Transformation 77

CIO Business Intelligence

MAY 24, 2023

Because computing environments have gotten a lot more complicated as organizations pursue digital transformations. Security, strategy and cost were among the top reasons for migrating workloads. Ideally, this will make your digital transformation trek go more smoothly—and help you and your team avoid getting lost in the woods.

Strategy 98

Strategy Digital Transformation Cost-Benefit Software 98

CIO Business Intelligence

AUGUST 22, 2023

This allows us to pressure-test our products and services before bringing them to market. According to Lenovo’s Global Study of CIOs 2023 , the biggest challenges CIOs are facing include insufficient budgets for digital transformation, concerns about organizational resilience, and expanding responsibilities beyond their traditional roles.

Digital Transformation 98

Digital Transformation Cost-Benefit Marketing Metrics 98

CIO Business Intelligence

OCTOBER 3, 2023

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.

Cost-Benefit 122

Cost-Benefit Machine Learning Interactive Software 122

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. We tested it three years ago, saw its usefulness, and now we have an RPA factory for the entire company. It’s exciting.

IT 116

IT Finance Cost-Benefit Strategy 116

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

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. “We experienced a transformative impact on our business after implementing QRadar SIEM’s multi-tenancy solution.

Cost-Benefit 73

Cost-Benefit Digital Transformation Data-driven Strategy 73

Jet Global

JANUARY 6, 2021

There are certainly a number of benefits to making the move to cloud ERP. It provides a robust, scalable IT infrastructure and stronger integration capabilities that open the door for broader adoption of digital transformation technologies. Deploy a Test Environment.

Cost-Benefit 98

Cost-Benefit Testing Finance Reporting 98

DataRobot

OCTOBER 18, 2021

How will the need for control affect the success of digital transformation and organizational change? They designed experiments that tested real-life human behaviors against those expected from economic theory. Solving algorithm aversion is a key to successful digital transformation. Algorithm Aversion.

Forecasting 145

Forecasting Digital Transformation Cost-Benefit Data-driven 145

CIO Business Intelligence

MARCH 22, 2024

Replacing the production platform Right now, PostNord is undergoing multiple transformations simultaneously to achieve its projected business goals. In addition to reduced costs and efficiencies, the strategy is to be a leader in the highly competitive parcel market, and become the first choice in the Nordic market.

Testing 52

Testing Cost-Benefit Digital Transformation Marketing 52

CIO Business Intelligence

APRIL 18, 2022

Organizations that continued full speed ahead with their digital transformation initiatives during the COVID-19 pandemic are able to ruminate on what went right and what they would have done differently, with the benefit of hindsight. But there are lesser-known, less obvious attributes of a successful digital program.

Digital Transformation 145

Digital Transformation Dashboards Cost-Benefit Consulting 145

CIO Business Intelligence

NOVEMBER 6, 2023

The business world is rapidly continuing its digital transformation and relying on cloud-based solutions. However, while cloud computing offers benefits like improved efficiency, scalability, and accessibility, it poses new security challenges.

Risk 132

Risk Measurement Cost-Benefit Strategy 132

bridgei2i

JUNE 3, 2020

CTD’s growth over the last two decades was aided by technological innovation and the steady drop of electronics components’ costs, driven by economies of scale. Driving customers to unassisted support can improve customer experience (CX) while reducing costs. Using Digital Transformation to mitigate challenges.

Technology 92

Technology Digital Transformation Recreation/Entertainment Manufacturing 92

Alation

JULY 15, 2022

A narrow focus has meant that a lot of organisations haven’t taken a step back and frankly assessed the collateral created to transform the organisation. Organisations who do assess can gain additional benefits from the work that’s already done. Nicola Askham raised the concept of a “Daily Mail Test”. Data Value. In Conclusion.

Cost-Benefit 89

Cost-Benefit Data Governance ROI Risk 89

bridgei2i

FEBRUARY 24, 2021

In our latest episode of the AI to Impact podcast, host Monica Gupta – Manager of AI Actions, meets with Sunil Mudgal – Advisor, Talent Analytics, BRIDGEi2i, to discuss the benefits of adopting AI-powered surveillance systems in HR organizations. How, do you assess the impact of these costs on business outcomes? Subscribe Now.

Cost-Benefit 92

Cost-Benefit Recreation/Entertainment Digital Transformation Scorecard 92