article thumbnail

Chipotle’s recipe for digital transformation: Cloud plus AI

CIO Business Intelligence

Removing the physical speaker box on site was a simple concept but a key part of a bigger digital transformation Chipotle kicked off in 2018 that led to an explosion in business, in large part because the digital ordering system required less human labor during the pandemic. Chipotle’s digital business in 2022 was $3.5

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

MRO spare parts optimization

IBM Big Data Hub

These supplies include everything from large infrastructure items such as turbines, generators, transformers and heating, ventilation and air conditioning systems to smaller items like gears, grease and mops. Many asset-intensive businesses are prioritizing inventory optimization due to the pressures of complying with growing industry 4.0

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

Addressing cloud waste: 4 steps to cloud computing cost optimization

CIO Business Intelligence

How could any CIO or application manager resist the call to the cloud when companies started sharing the huge successes they were having with their migrations and overall digital transformations? Organizations with little or no cloud cost optimization plans rush into cloud technology investments,” according to Gartner.

article thumbnail

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

IBM Big Data Hub

IBM Consulting will bring our decades of expertise in helping consumer product organizations successfully navigate digital transformations. This collaboration underscores IBM’s unwavering dedication to delivering exceptional value and driving transformative change for consumer goods companies across the globe.

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.