Smart Data Collective

APRIL 20, 2021

Harvard Business Review Analytic Services recently published The State of Digital Adoption report on big data adoption in business, and its findings may surprise or even alarm many organizations and institutions. The study was sponsored by San Francisco-based digital adoption platform WalkMe.

Big Data 95

Big Data Strategy Digital Transformation Metrics 95

IBM Big Data Hub

MAY 24, 2023

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.

Digital Transformation 79

Digital Transformation Consulting Data-driven Uncertainty 79

CIO Business Intelligence

MAY 30, 2024

This is driven by the clear promise of AI adoption combined with the pressure that IT leaders face to prove the value of these investments and deliver measurable business outcomes.” What’s more, 48% have deprioritized cloud and digital transformation to focus on AI.

ROI 101

ROI Digital Transformation Cost-Benefit Measurement 101

Sisense

APRIL 17, 2020

In Monetizing Your Data , we look at digital transformation: the ways of turning data into new revenue streams and apps that boost income, increase stickiness, and help your company thrive in the world of Big Data. However, what exactly a digital transformation looks like varies widely from company to company.

Data Strategy 81

Data Strategy Strategy Digital Transformation Data Warehouse 81

Anmut

MARCH 22, 2023

A data maturity model helps your company measure its data and business health. As such, rudimentary data is used for reporting purposes, but it doesn’t influence wider business operations or strategic decision-making. This stage is typical for organisations that are just starting to develop their data strategy.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

CIO Business Intelligence

JUNE 11, 2024

After all, many C-suite leaders and employees have an outdated impression of what IT departments do today, which may undermine the CIO’s digital transformation , change management, and other strategic objectives. “We One way IT leaders convey this transformed mission is to alter the CIO title.

IT 108

IT Digital Transformation Broadcasting Business Objectives 108

CIO Business Intelligence

MAY 16, 2024

Digital transformation is a gradual journey, and for many CIOs, becoming more data-driven hinges on how sustainability practices are systematically adopted. The agency uses a set of indicators based on the European Commission’s ESG KPIs, and adapted to the real estate world to measure activity impact.

Digital Transformation 85

Digital Transformation Data-driven Cost-Benefit Management 85

IBM Big Data Hub

DECEMBER 5, 2023

While every customer interaction is different, organizations that want to improve customer retention and grow their customer base must create an effective customer service strategy. Poor service is the top reason consumers stop purchasing from a company, according to Salesforce’s State of the Connected Customer Report.

Strategy 62

Strategy Consulting Key Performance Indicator Measurement 62

CDW Research Hub

AUGUST 2, 2022

If you’ve felt like new reports of data hacks and security breaches are becoming more common, it’s not your imagination. In fact, many organizations have begun adopting zero-trust IoT security strategies to protect their IoT data from potential breaches. The post Why Secure Your IoT Data With a Zero-Trust Strategy?

IoT 52

IoT Strategy Internet of Things Measurement 52

Cloudera

JUNE 12, 2024

Of all of the emerging tech of the last two decades, artificial intelligence (AI) is tipping the hype scale, causing organizations from all industries to rethink their digital transformation initiatives asking where it fits in. BlackRock utilizes GenAI to automatically generate research reports and investment summaries.

Finance 70

Finance Risk Management Risk Data-driven 70

CIO Business Intelligence

MAY 16, 2024

With 43% of CTOs reporting up to another IT leader or LOB executive, according to the 2024 State of the CIO survey , and just 38% having a budget separate from IT, as change agents they can find themselves in a difficult spot. We were focused on digital transformation and making it an innovative solution within GM.”

Digital Transformation 108

Digital Transformation Business Objectives Reporting Technology 108

CIO Business Intelligence

FEBRUARY 5, 2024

Could you share some facts and figures about Mashreq’s digital transformation process over recent years? Mashreq’s digital transformation in recent years has been both profound and customer-centric. This strategic move has seen a marked increase in online transactions and digital customer engagements.

IT 114

IT Digital Transformation Cost-Benefit Technology 114

CIO Business Intelligence

NOVEMBER 6, 2023

The business world is rapidly continuing its digital transformation and relying on cloud-based solutions. This makes it more critical than ever to adopt strong security measures to protect sensitive information and infrastructure.

Risk 121

Risk Measurement Cost-Benefit Strategy 121

CIO Business Intelligence

MAY 29, 2024

Cloud mindset and composable architecture era Building upon the move to RISE with SAP , Accenture adopted a modern digital core strategy, which centers on keeping its core ERP system as standard and as simple as possible, using SAP BTP to extend and enhance its capabilities, and anchoring to a cloud mindset for both IT and business professionals.

Cost-Benefit 120

Cost-Benefit Finance Strategy Risk 120

CIO Business Intelligence

OCTOBER 23, 2023

For decades, we’ve been investing in innovation, partnerships, and programs that apply our technology, scale, and talented workforce to drive human progress – all intending to have a measurable influence on some of the complex challenges important to our business, customers, the communities we serve and society at large.

Measurement 100

Measurement Reporting Digital Transformation Technology 100

Jedox

APRIL 10, 2019

Whether saving costs or improving revenue, FP&A digital transformation projects must provide strong gains in productivity and effectiveness. Jedox conducted a global Survey with ACCA and discovered only 35% of organizations have a digital transformation roadmap in place. There are many reasons.

Digital Transformation 42

Digital Transformation Risk Finance Sales 42

CIO Business Intelligence

DECEMBER 15, 2023

Our strategy is very solid,” she says. The persona approach Cushman & Wakefield’s strategy to inject AI into every facet of its workflows hinges on its team of 500 dedicated technologists and thousands of contractors, who are working to develop solutions for various “persona” groups within the enterprise, Companieh says.

Enterprise 83

Enterprise Digital Transformation Marketing Strategy 83

Cloudera

MARCH 25, 2021

As digital transformation initiatives move forward, many fast-forwarded by the pandemic, digital data footprints are expanding. Reporting on the Virginia CDPA, a recent American Banker article highlights that the introduction of the state privacy laws may force banks to break down the silos.

Data Strategy 65

Data Strategy Strategy Enterprise Insurance 65

CIO Business Intelligence

SEPTEMBER 20, 2023

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.

Digital Transformation 121

Digital Transformation Uncertainty Metrics Business Objectives 121

Jedox

DECEMBER 28, 2021

The challenges of the past two years have illustrated the importance of embracing what digital transformation offers as well as cross-functional planning and analysis for more efficient collaboration beyond the traditional role of Finance. When a measurable change occurs, Finance requires the ability to respond immediately.

Digital Transformation 97

Digital Transformation Finance Machine Learning Forecasting 97

CIO Business Intelligence

JUNE 13, 2022

The volume of work coming at IT is one of the top issues identified by CIOs, researchers, and executive advisors, or as Elizabeth Hackenson, CIO of Schneider Electric, puts it: “The accelerated demand for digital capabilities throughout the enterprise simultaneously.”. “In Maturing the enterprise cloud strategy.

IT 143

IT Digital Transformation Strategy Internet of Things 143

CIO Business Intelligence

JANUARY 22, 2024

EXL predicts that if organizations fully adopt a digital strategy and optimally leverage technology, they could reduce overall administrative expenses by 40% to 50% in the next five years. The timing could not be better. Plus, the implementation of cloud technology and the ability to use data at scale has markedly improved.

Cost-Benefit 99

Cost-Benefit Digital Transformation Data-driven Interactive 99

CIO Business Intelligence

MARCH 6, 2024

The business transformation we’ve led for the last several years has many parts; all our products have been re-built as cloud products and we continue our heritage of being neutral about data, supporting cloud, on premise, and hybrid workloads. This isn’t just an IT or sales transformation; it’s a complete company transformation.

Modeling 105

Modeling Management IT Metrics 105

CIO Business Intelligence

SEPTEMBER 22, 2022

The CIO has traditionally been seen as a gatekeeper of operational continuity, not an integral function of long-term strategy and growth. Without strong cybersecurity tools and protocols, organizations struggle to operate effectively in our digital-centric business environment, as do CIOs to quantify the value of cyber in real dollar terms.

Digital Transformation 89

Digital Transformation Snapshot Finance Strategy 89

CDW Research Hub

NOVEMBER 22, 2019

If you’ve felt like new reports of data hacks and security breaches are becoming more common, it’s not your imagination. Anyone affected by a recent attack may be wondering, what IoT security measures can businesses in today’s climate take to keep their data safe from breaches, malware, and ransomware attacks? The future of zero trust.

IoT 52

IoT Strategy Internet of Things Measurement 52

FineReport

APRIL 9, 2024

These innovative solutions pave the way for future trends in healthcare, shaping the industry’s digital transformation journey. The implementation of robust healthcare data management strategies is imperative to mitigate the risks associated with data breaches and non-compliance.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

CIO Business Intelligence

SEPTEMBER 25, 2023

Digital transformation has become an essential part of business success. According to TEKsystems’ 2023 State of Digital Transformation , 41% of organizations’ digital transformation (DX) initiatives have failed to achieve their desired outcomes. That’s not digital transformation.

Digital Transformation 142

Digital Transformation Measurement Data-driven Metrics 142

CIO Business Intelligence

JUNE 8, 2023

There’s a strong need for workers with expertise in helping companies make sense of data, launch cloud strategies, build applications, and improve the overall user experience. Businesses are looking for tech pros with highly specialized skills, as they embrace digital transformation and increasingly rely on technology for core business.

IT 134

IT Digital Transformation Software Risk 134

CIO Business Intelligence

NOVEMBER 9, 2023

They should be able to work collaboratively with many departments in developing AI strategy and vision, and they should be able to design and target relevant business use cases, assess project outcomes, and measure ROI in each case. Ozzie Coto reports directly to the CEO. What is a chief AI officer?

IT 118

IT Strategy Reporting Visualization 118

CIO Business Intelligence

OCTOBER 4, 2022

This is the underlying purpose of the digital transformation exercises that have been so significant to IT in recent years. For the CIO to be successful with this, there needs to be a comprehensive strategy that extends far beyond simply deploying new technologies. 1) Match the tech strategy to the business strategy.

Cost-Benefit 92

Cost-Benefit Strategy ROI Digital Transformation 92

CIO Business Intelligence

OCTOBER 4, 2022

By Bryan Kirschner, Vice President, Strategy at DataStax. New research co-authored by Marco Iansiti, the co-founder of the Digital Initiative at Harvard Business School, sheds further light on how a data platform with robust real-time capabilities contribute to delivering competitive, ML-driven experiences in large enterprises.

Machine Learning 96

Machine Learning Data Architecture Uncertainty Data-driven 96

CIO Business Intelligence

APRIL 29, 2022

The data-first transformation journey can appear to be a lengthy one, but it’s possible to break it down into steps that are easier to digest and can help speed you along the pathway to achieving a modern, data-first organization. Create a CXO-driven data strategy. Key features of data-first leaders. And it won’t happen overnight.

Digital Transformation 111

Digital Transformation Strategy Data-driven Data Strategy 111

Sisense

SEPTEMBER 12, 2019

Every business needs a business intelligence strategy to take it forward. . As the Global Team Lead of BI Consultants at Sisense, I can say that the projects I’ve worked on where a BI strategy was involved, were more successful than projects without a strategy. But what is a BI strategy in today’s world?

Strategy 81

Strategy Dashboards Diagnostic Analytics Prescriptive Analytics 81

CIO Business Intelligence

AUGUST 29, 2022

While CIOs and CTOs play critical roles in a company’s digital transformation efforts , only about half of them are part of their organization’s sustainability goal leadership team , and even fewer are assessed on a company’s achievement of its sustainability goals. Data: Use data to share information around sustainability efforts.

Enterprise 73

Enterprise Internet of Things Measurement Finance 73

CIO Business Intelligence

MAY 9, 2023

Like most CIOs you’ve no doubt leaned on ROI, TCO and KPIs to measure the business value of your IT investments. Those Three Big Acronyms are still important for fine-tuning your IT operations, but success today is increasingly measured in business outcomes. Maybe you’ve even surpassed expectations in each of these yardsticks.

ROI 110

ROI Cost-Benefit KPI Uncertainty 110

CIO Business Intelligence

OCTOBER 10, 2022

The concept of transformational leadership started with James V. Bass further expanded the concept to include ways for measuring the success of transformational leadership. Transformative leaders should help employees feel comfortable exploring new ideas and opportunities that can inject innovation into the organization.

Modeling 144

Modeling Digital Transformation Software Manufacturing 144

CIO Business Intelligence

FEBRUARY 8, 2024

Recent financial reports from major global IT services firms have highlighted a concerning slowdown in the industry that could persist, signaling potential changes to hiring and spending plans. These developments, along with broader market reports, have cast a shadow over the growth prospects of the IT services sector.

IT 80

IT Uncertainty Consulting Forecasting 80