Remove Cost-Benefit Remove Reporting Remove Strategy Remove Uncertainty
article thumbnail

Is there a “right” cloud strategy for banking?

IBM Big Data Hub

While central banks have a very different mission from commercial banks, what they do have in common is the need to modernize their IT operations to support digital transformation, contain costs, source key skills and mitigate operational and cybersecurity risks. Know yourself, your stakeholders and your data.

article thumbnail

Top 8 challenges IT leaders will face in 2024

CIO Business Intelligence

2023 was a year made notable by a range of unexpected, unpredictable, and fast-moving challenges that, despite seemingly having little to do with technology, had profound impacts on IT strategies. To guide an organization through uncertainty, IT leaders must help ensure everyone in the company is on the same page, Srivastava says.

IT 133
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Managing Seasonal Fluctuations in Retail with Analytics

Smart Data Collective

One of the biggest benefits of data analytics is that it helps companies improve stability during times of uncertainty. Understanding the dynamics of seasonal shifts is crucial for companies to operate efficiently, reduce costs, and maximize profits. It is easier to do so with the use of data derived from predictive analytics.

article thumbnail

20 issues shaping generative AI strategies today

CIO Business Intelligence

Just look at the stats:Some 45% of 2,500 executives polled for a May 2023 report from research firm Gartner said the publicity around ChatGPT prompted them to increase their AI investments, 70% said their organization is already exploring gen AI, and 19% are in actual pilot or production mode. This is an issue for CIOs. It’s not a hammer.

article thumbnail

Ahead of the curve: How generative AI is revolutionizing the content supply chain

IBM Big Data Hub

Modernizing a workflow to introduce a content supply chain means disruption and uncertainty. These new technologies can garner a lot of power and a level of uncertainty. More than 80% respondents report already engaging with generative AI. Beyond ethics risks, the study points out, there are also cost risks to consider.

article thumbnail

Q&A with Andy Burrows: Better Financial Strategies Make Businesses Grow

Jet Global

Andy Burrows is a UK-based finance consultant who coaches businesses all over the world to drive performance using data and financial strategies that work in practice, not just in theory. I started out as an accountant, but I decided that I wanted to go beyond financial reports and auditing accounts to use my skills in business.

article thumbnail

Are You Using a Cloud Experience to Boost Business Value?

CIO Business Intelligence

Cloud-first strategy” became a cure-all for datacenter impediments, as well as an IT leader’s tentpole for digital transformation. More recently some organizations have reported diminishing returns from their public cloud implementations. Others conducted apples-to-apples comparisons of public cloud versus on-premises costs.

ROI 126