article thumbnail

Leaning into Retail’s Challenges with Digital Transformation

CIO Business Intelligence

Digital transformation initiatives have picked up in the retail sector in recent years as store chains compete for brand awareness and sales in a rapidly evolving market. By 2026, retailers’ global investments in digital transformation tools are expected to reach $388 billion , growing by 18% a year.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Octopai And Demand Chain Ai Announce Strategic Partnership To Accelerate Digital Transformation

Octopai

Battle Creek, Michigan — July 18, 2023 — Octopai, a global leader in data lineage and business intelligence automation, and Demand Chain AI, a pioneer in AI-driven demand forecasting and supply chain optimization, have today announced a strategic partnership.

article thumbnail

Redefining the consumer experience: Diageo partners with SAP and IBM on global digital transformation

IBM Big Data Hub

Diageo, for example, recently reported it is experiencing remarkable growth, expanding by 36% compared to pre-pandemic levels, driven by the demand for premium alcohol and reflecting changing consumer preferences. This intriguing juxtaposition highlights the resilient nature of consumers and their desire to seek moments of joy and comfort.

article thumbnail

The evolving role of CFO is driven by data

CIO Business Intelligence

But although their role has evolved, the technology which helps them is still playing catch-up, with the lack of reliable analytics and data one of the biggest hurdles to progress. A changing role and the need for data. This level of data collection and insight requires the right technology. Data that tells ‘one truth’.

article thumbnail

How generative AI will revolutionize supply chain 

IBM Big Data Hub

In the age of digital transformation, the integration of advanced technologies like generative artificial intelligence brings a new era of innovation and optimization. From demand forecasting to route optimization, inventory management and risk mitigation, the applications of generative AI are limitless.

article thumbnail

PODCAST: COVID19 | Redefining Digital Enterprises – Episode 10: COVID-19 | Evolving Trends of Digital Transformation

bridgei2i

PODCAST: COVID 19 | Redefining Digital Enterprises. Episode 10: COVID-19 | Evolving Trends of Digital Transformation. COVID-19 | Evolving Trends of Digital Transformation. My name is Vignesh, and I help companies succeed in their AI-enabled digital transformation. Listening time: 12 minutes.