article thumbnail

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%

article thumbnail

Belcorp reimagines R&D with AI

CIO Business Intelligence

As Belcorp considered the difficulties it faced, the R&D division noted it could significantly expedite time-to-market and increase productivity in its product development process if it could shorten the timeframes of the experimental and testing phases in the R&D labs. Reimagine business processes.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Why Choose a Hybrid Data Cloud in Financial Services?

Cloudera

As I meet with our customers, there are always a range of discussions regarding the use of the cloud for financial services data and analytics. Customers vary widely on the topic of public cloud – what data sources, what use cases are right for public cloud deployments – beyond sandbox, experimentation efforts.

article thumbnail

Bridging the Gap Between Analytics Expectations and Reality

Sisense

When it comes to using data to increase innovation, Charles is a proponent of making organizations into what he calls “revenue stream innovation factories.” To achieve this, he says, companies should find ways to lower the cost of experimentation, decrease the time to value, and scale successful experimentation into products quickly.

article thumbnail

How generative AI impacts your digital transformation priorities

CIO Business Intelligence

Digital transformation must be a core organizational competency. The impact of generative AIs, including ChatGPT and other large language models (LLMs), will be a significant transformation driver heading into 2024. That’s my key advice to CIOs and IT leaders.

article thumbnail

7 Requirements for Digital Transformation

Cloudera

Digital transformation is not just about technological transformation of the organization, it’s about transforming the culture of an organization. It’s not enough to bolt technology onto an existing strategy and consider it transformed. By 2025 nearly all data generated will be in real-time.

article thumbnail

Shutterstock capitalizes on the cloud’s cutting edge

CIO Business Intelligence

Advancements in analytics and AI as well as support for unstructured data in centralized data lakes are key benefits of doing business in the cloud, and Shutterstock is capitalizing on its cloud foundation, creating new revenue streams and business models using the cloud and data lakes as key components of its innovation platform.