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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. I wrote in Driving Digital , “Digital transformation is not just about technology and its implementation. Luckily, many are expanding budgets to do so. “94%

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Digital Transformation Examples: Three Industries Dominating Digital Transformation

erwin

Digital transformation examples can be found almost anywhere, in almost any industry. Its past successes – and future potential – are well documented, chronicled in the billion-dollar valuations of the frontrunners in the practice. As technology continues to disrupt markets, digital transformation is do or die.

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PODCAST: COVID19 | Redefining Digital Enterprises – Episode 7: The Impact of COVID-19 on Financial Services & Risk Management

bridgei2i

PODCAST: COVID 19 | Redefining Digital Enterprises. Episode 7: The Impact of COVID-19 on Financial Services & Risk. Management. The Impact of COVID-19 on Financial Services & Risk Management. Despite these pressing concerns, COVID-19 has accelerated digital transformation.

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10 things to watch out for with open source gen AI

CIO Business Intelligence

It seems anyone can make an AI model these days. Even if you don’t have the training data or programming chops, you can take your favorite open source model, tweak it, and release it under a new name. According to Stanford’s AI Index Report, released in April, 149 foundation models were released in 2023, two-thirds of them open source.

Modeling 130
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5 signs your agile practices will lead to digital disaster

CIO Business Intelligence

But speaking to many IT leaders, there are often gaps between how IT runs Scrum, Kanban, or other agile practices and what CIOs need in order to achieve digital transformation objectives. Their comments offer insights as to what to do if your teams are “doing agile” but aren’t agile enough to deliver digital transformation results.

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7 steps for turning shadow IT into a competitive edge

CIO Business Intelligence

After all, 41% of employees acquire, modify, or create technology outside of IT’s visibility , and 52% of respondents to EY’s Global Third-Party Risk Management Survey had an outage — and 38% reported a data breach — caused by third parties over the past two years.

IT 129
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Examples of IBM assisting insurance companies in implementing generative AI-based solutions  

IBM Big Data Hub

The most common insurance use cases include optimizing processes that require processing large documents and large blocks of text or images. Customer engagement Providing insurance coverage involves working with numerous documents. IBM works with several insurance companies to identify high-value opportunities for using generative AI.