CIO Business Intelligence

FEBRUARY 21, 2023

If you think you’re keeping up, think again: One recent study from research firm Gartner found that the majority of CEOs (59%) say digital initiatives take too long and 52% take too long to realize value. The pressure is on to accelerate digital transformation, according to CIOs, researchers, and analysts.

Digital Transformation 145

Digital Transformation Marketing Technology Software 145

IBM Big Data Hub

JANUARY 25, 2024

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 Many asset-intensive businesses are prioritizing inventory optimization due to the pressures of complying with growing industry 4.0

Optimization 82

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 82

CIO Business Intelligence

JUNE 16, 2022

Only about 14% of transformation efforts succeed at all and only 3% of those successes are sustained, reports a major analyst firm. Value Stream Management (VSM) has become increasingly prevalent as the best operational model for those few organizations that have successfully transformed. Digital Transformation

Digital Transformation 133

Digital Transformation Statistics Sales Measurement 133

Cloudera

OCTOBER 6, 2022

Digital transformation. Everyone has their own ideas about what digital transformation means, so I decided to look up a few definitions. . CIO blog post : “Digital transformation is a foundational change in how an organization delivers value to its customers.”. appeared first on Cloudera Blog.

Digital Transformation 85

Digital Transformation Cost-Benefit Data Lake Machine Learning 85

CIO Business Intelligence

NOVEMBER 18, 2022

In response, oil and gas majors are making headway in terms of carbon reporting, net-zero targets, and accountability. Increasingly, oil and gas companies are making strategic technology investments to accelerate sustainable digital transformation and deliver a competitive advantage. Many have even spun up renewable energy arms.

Digital Transformation 91

Digital Transformation Cost-Benefit Optimization Machine Learning 91

CIO Business Intelligence

FEBRUARY 12, 2024

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.

Optimization 115

Optimization Cost-Benefit Reporting Digital Transformation 115

CIO Business Intelligence

JULY 11, 2022

All these variables force the need for organizations to transform their security postures to protect against cloud infrastructure vulnerabilities. However, the increased complexity of a distributed application architecture brought on by digital transformation continues to challenge even the largest security operations.

Digital Transformation 97

Digital Transformation Software Risk Data Processing 97

Sisense

FEBRUARY 26, 2020

In Transform to Win , we explore the challenges facing modern companies, diving into their individual digital transformations and the people who drive them. Dresner reported that nearly 97% of respondents in their Big Data Analytics Market Study consider Big Data to be either important or critical to their businesses.

Digital Transformation 90

Digital Transformation Analytics Cost-Benefit Data-driven 90

IBM Big Data Hub

AUGUST 21, 2023

Rapid advancement of emerging technologies—combined with the increasing demands from customers and ongoing disruptive market forces—are driving organizations to prioritize digital transformation more than ever. On top of that, 68% of respondents say mainframe systems are central to their hybrid cloud strategy.

Digital Transformation 58

Digital Transformation Consulting Data Processing Marketing 58

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 87

Digital Transformation Consulting Data-driven Uncertainty 87

CIO Business Intelligence

DECEMBER 15, 2023

Understandably, 84% of respondents said that deploying and optimizing AI has increased significantly in importance. Zendesk’s full report explores the three top areas IT leaders are prioritizing, along with strategic recommendations on how to realize these changes in order to stay ahead. Read the report. Digital Transformation

Reporting 104

Reporting IT Digital Transformation Measurement 104

Cloudera

JANUARY 20, 2021

Digital transformation is a hot topic for all markets and industries as it’s delivering value with explosive growth rates. Reporting – delivering business enterprise insight (sales analysis and forecasting, market research, budgeting as examples). Fig 1: The Enterprise Data Lifecycle.

Digital Transformation 105

Digital Transformation Manufacturing Data Warehouse Predictive Analytics 105

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. We’ve also adopted new digital management methodologies, including artificial intelligence tools, in areas such as compliance and organization.”

Digital Transformation 97

Digital Transformation Data-driven Cost-Benefit Management 97

CIO Business Intelligence

OCTOBER 30, 2023

In today’s digitally transforming world, time is of the essence. As you seek to boost agility and speed your organization’s digital transformation, there are some proven principles you can apply. In the process, they can break down the silos that stifle digital transformation. Digital Transformation

Management 144

Management Digital Transformation Cost-Benefit ROI 144

CIO Business Intelligence

NOVEMBER 18, 2022

The cloud offers limitless scalability and flexibility, powering digital transformation across every industry. To optimize cloud investments, C-level executives are increasingly adopting cloud financial operations (FinOps). This strategy aligns well with the concept of a smart cloud.

Optimization 91

Optimization KPI Key Performance Indicator Cost-Benefit 91

Cloudera

OCTOBER 19, 2022

For the first time after almost three years, the TM Forum annual Digital Transformation World conference brought over 3,000 delegates from all over the telco world to Copenhagen, Denmark to meet in person. Telco giants are optimizing the network with the Hybrid Cloud appeared first on Cloudera Blog. Steve Bowker, BolgiaTen; A.

Optimization 77

Optimization Data Architecture Data Governance Digital Transformation 77

CIO Business Intelligence

MAY 15, 2024

On their digital transformation journeys over the last decade, many enterprises spent time mired in “pilot purgatory,” taking as long as years to move from concept to executing on use cases. Verizon’s CEO is organizing genAI strategy using three buckets: “optimizing processes, product experiences, and revenue growth.”

Digital Transformation 122

Digital Transformation Strategy Metrics Machine Learning 122

Jet Global

MARCH 10, 2020

That’s why I see a lot of companies hiring a Chief Information Security Officer and having that person report directly to the CFO. I think most companies realized this around 2016, but 2020 is the year when they’ll really get serious about leveraging, optimizing, or monetizing data. This interview was edited and condensed.

Digital Transformation 69

Digital Transformation Big Data B2B Data-driven 69

Smarten

JUNE 8, 2023

Given the move toward digital transformation (Dx) and improved data literacy, businesses have begun to strategize on how to provide tools to business users so they can work from anywhere.

Optimization 67

Optimization Enterprise Business Intelligence Predictive Modeling 67

CIO Business Intelligence

MARCH 26, 2024

HP can help optimize costs, maximize resources and personnel, and reduce the hassle of print management. Proactive infrastructure and security monitoring with optimized upgrade strategies let you minimize downtime and service calls. Let HP manage ongoing maintenance, monitoring, security, and reporting.

Digital Transformation 93

Digital Transformation Optimization Strategy Management 93

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

FEBRUARY 23, 2024

In its latest annual report, Kyndryl cited the example of a five-year deal with a US-based healthcare services company and how this company was able to leverage these new capabilities of Bridge. Kyndryl will be looking to engage the C-Suite of its ~4k customers to drive digital transformation consulting engagements.

Consulting 128

Consulting Digital Transformation Reporting Enterprise 128

CIO Business Intelligence

AUGUST 22, 2023

If digital transformation is a journey, when does it end? This is a question I am asked often by IT leaders who prefer slowing down the pace of transformation and technology innovation. Another study of 4,000 global organizations found that only 44% had a high digital maturity.

Digital Transformation 98

Digital Transformation Data-driven Cost-Benefit Strategy 98

Smarten

NOVEMBER 28, 2023

And, as McKinsey reports, continuous improvement companies seek to eliminate costs and to empower employees to improve efficiency and growth of product and service innovation. Augmented analytics simplifies data analytics and enables data literacy and user adoption across the enterprise, providing actionable reporting and insight into data.

Analytics 67

Analytics Digital Transformation Cost-Benefit Testing 67

CIO Business Intelligence

APRIL 30, 2024

It’s like having a mini data center right where the action happens.IDC reports worldwide spending on edge computing is expected to reach $232 billion in 2024, an increase of 15.4% Bandwidth optimization. This optimization improves efficiency and reduces costs. over 2023 2. Security and privacy.

Forecasting 100

Forecasting Optimization Advertising IoT 100

CIO Business Intelligence

JANUARY 8, 2024

Instead, the publicly held operator of Cathay Pacific Airlines and HK Express is shifting from migration to optimization mode in an effort to wrest additional benefits from its all-in cloud transformation. Enhanced automation and self-service will also be emphasized as part of the cloud optimization strategy, Nair says.

Optimization 102

Optimization Digital Transformation Cost-Benefit Data Warehouse 102

CIO Business Intelligence

JANUARY 26, 2024

“We now have the ability through digital connectivity to provide a one-stop shop for commercial customers,” Musser says about Ford Pro’s ability to provide unique technical and financial services for commercial customers. It’s the software, the digital glue, which is the key to enabling that to happen.”

IoT 117

IoT Manufacturing Digital Transformation Internet of Things 117

CIO Business Intelligence

JANUARY 22, 2024

According to a recent analysis by EXL, a leading data analytics and digital solutions company, healthcare organizations that embrace generative AI will dramatically lower administration costs, significantly reduce provider abrasion, and improve member satisfaction. The timing could not be better.

Cost-Benefit 105

Cost-Benefit Digital Transformation Data-driven Interactive 105

CIO Business Intelligence

FEBRUARY 28, 2024

The rest report being dissatisfied with their overall experience at the institution they attend. In a world where every aspect of life is digitally connected, and as tuition prices and the student debt bubble soar, higher education institutions are expected to be cutting-edge hubs of technological advancement.

Technology 113

Technology Machine Learning Digital Transformation Data-driven 113

CIO Business Intelligence

SEPTEMBER 19, 2023

Organizations all around the globe are implementing AI in a variety of ways to streamline processes, optimize costs, prevent human error, assist customers, manage IT systems, and alleviate repetitive tasks, among other uses. And with the rise of generative AI, artificial intelligence use cases in the enterprise will only expand.

Enterprise 141

Enterprise Cost-Benefit Optimization Deep Learning 141

IBM Big Data Hub

JUNE 12, 2023

While central banks have a very different mission from commercial banks, what they do have in common is the need to modernize their IT operations to support digital transformation, contain costs, source key skills and mitigate operational and cybersecurity risks. Know yourself, your stakeholders and your data.

Strategy 97

Strategy Cost-Benefit Digital Transformation Uncertainty 97

CIO Business Intelligence

DECEMBER 8, 2022

IBM has announced it is acquiring US-based digital transformation services provider Octo for an undisclosed amount from private equity firm Arlington Capital Partners. In the consulting line of business, which includes business transformation, technology consulting and application operations, IBM reported a total revenue of $4.7

IT 98

IT Consulting Digital Transformation Uncertainty 98

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 119

IT Digital Transformation Cost-Benefit Technology 119

CIO Business Intelligence

APRIL 14, 2022

CIOs have a growing opportunity to set the tone for their organizations and play a fundamental part in defining ESG strategy enterprise-wide and adopting sustainability into their own digital transformation initiatives. Step 1: Identify enterprise ESG goals that IT can deliver through digital transformation.

Strategy 111

Strategy Digital Transformation IoT Measurement 111

CIO Business Intelligence

MAY 9, 2024

Data replication and synchronization issues frequently arise, leading to inconsistencies and inaccuracies in data analysis and reporting. Seamless integration with cloud platforms enables organizations to capitalize on the scalability and elasticity of cloud resources, optimizing IT resource utilization and minimizing costs.

Digital Transformation 52

Digital Transformation Data Integration Unstructured Data Data-driven 52

CIO Business Intelligence

MARCH 13, 2024

One of the most satisfying parts of my job is to write about digital transformation and the extraordinary ways companies are using technology to solve real problems and create business opportunities. Finally, the team needed better operations performance reporting and visibility to management for all the work in progress.

Management 71

Management Optimization Data-driven Digital Transformation 71

CIO Business Intelligence

NOVEMBER 29, 2022

In response, organizations have invested heavily in digital transformation. IDC forecasts that global spending on digital transformation will reach $2.8 With investment growing in digital transformation, organizations must stay competitive — and, for many, data is becoming the critical differentiator.

Data Governance 95

Data Governance Digital Transformation Forecasting Software 95