CIO Business Intelligence

JULY 23, 2023

According to McKinsey , the goal of digital transformation is to build a competitive advantage by continuously deploying tech at scale to improve customer experience and lower costs. Amid today’s uncertain economy, digital transformation is arguably more important than ever to remain afloat, not just competitive.

Optimization 71

Optimization IT Digital Transformation Uncertainty 71

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 84

Digital Transformation Cost-Benefit Data Lake Machine Learning 84

Ontotext

AUGUST 17, 2023

Digital Transformation, which has been a top priority for CEOs and boards of directors for many years, has had mixed results. These failures are at least partly due to the absence of graph technologies, at the center of those transformations, allowing companies to “connect the dots” across their data to drive optimal outcomes.

Digital Transformation 52

Digital Transformation IT Cost-Benefit Consulting 52

bridgei2i

JULY 8, 2020

PODCAST: COVID 19 | Redefining Digital Enterprises. Episode 10: COVID-19 | Evolving Trends of Digital Transformation. COVID-19 | Evolving Trends of Digital Transformation. My name is Vignesh, and I help companies succeed in their AI-enabled digital transformation. Listening time: 12 minutes.

Digital Transformation 132

Digital Transformation Enterprise Insurance Risk 132

Smart Data Collective

JULY 29, 2021

The race to embrace digital transformation is on and a lot of organizations are doing everything possible to ensure they digitize every piece of information; this is, however, putting at greater risks of cyber-attacks and data breaches. Trillion by 2024 , it’s obvious that data security challenges will hit new heights.

Digital Transformation 106

Digital Transformation IoT Risk Management 106

CIO Business Intelligence

APRIL 16, 2024

The implementation of digital transformation has been underway, but moving slowly for over a decade. Inherent risks with GenAI can be greatly mitigated Traditional manufacturing techniques are good at mitigating risks. However, despite the benefits of GenAI, there are some areas of risk. Data privacy and security.

Manufacturing 138

Manufacturing Digital Transformation Risk Dashboards 138

Jedox

APRIL 10, 2019

When embracing better-practice, balancing risk to return can be complex and choosing a path that delivers high business value, with minimum disruption is not always easy. Whether saving costs or improving revenue, FP&A digital transformation projects must provide strong gains in productivity and effectiveness.

Digital Transformation 42

Digital Transformation Risk Finance Sales 42

CIO Business Intelligence

AUGUST 16, 2023

But today, Svevia is driving cross-sector digitization projects where new technology for increased safety for road workers and users is tested. When I came in three years ago, it was with the task of digitizing the company,” says Svevia CIO Maria Wester. “In A third area to be optimized is the salting of roads during the winter.

Risk 81

Risk Cost-Benefit Digital Transformation Internet of Things 81

IBM Big Data Hub

MAY 1, 2024

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.

Forecasting 77

Forecasting Optimization Digital Transformation Risk 77

IBM Big Data Hub

JANUARY 15, 2024

Enterprises now recognize the importance of leveraging innovative technologies to drive digital transformation and achieve cost efficiency. The path of digital transformation is fraught with challenges. The plan aimed to address digital transformation along with a digital construction plan for 2023.

Digital Transformation 72

Digital Transformation Insurance Optimization ROI 72

John Wheeler

OCTOBER 21, 2019

Over the past month, I’ve been speaking to various groups to help them prepare for the onslaught of digital risks in their organizations. A common theme is the need for greater risk quantification beyond the realm of traditional, qualitative governance, risk and compliance (GRC) approaches.

Risk 53

Risk Risk Management Digital Transformation Insurance 53

CIO Business Intelligence

NOVEMBER 28, 2023

As more businesses push forward with digital transformation projects, cloud computing has stood out as a powerful tool capable of fueling the analytics that drive new technologies like artificial intelligence (AI) and machine learning (ML)—two capabilities that are quickly becoming a must-have in nearly every organization.

Digital Transformation 109

Digital Transformation Cost-Benefit Strategy Optimization 109

CIO Business Intelligence

JANUARY 22, 2024

In turn, threat actors have continued to exploit the vulnerabilities companies exposed themselves to, including those publicly identified, in keeping pace with rapid digital transformation efforts. As research shows, companies and government agencies struggle to understand which assets expose them to the most risk.

Digital Transformation 119

Digital Transformation Risk Cost-Benefit Risk Management 119

Cloudera

NOVEMBER 19, 2018

Cloudera’s customers and partners are among the corporations that are successfully implementing digital transformation initiatives with sustainability in mind. Optimizing crop rotation within small-scale agricultural operations. The post Digital Transformation Focused on Sustainability appeared first on Cloudera Blog.

Digital Transformation 40

Digital Transformation IoT Cost-Benefit Uncertainty 40

CIO Business Intelligence

FEBRUARY 22, 2024

The AI basis of digital transformation Digital transformation is one of the most important catalysts for companies in any sector to add greater value and remain competitive, and AI plays a crucial role, says Prieto. Specifically at Ferrovial, AI is a key to its digital transformation.

IT 96

IT Digital Transformation IoT Cost-Benefit 96

CIO Business Intelligence

JUNE 23, 2023

Respondents were asked about their current IT stressors, their approach to modernizing their IT infrastructure, and how they plan to become more efficient and optimized in the years ahead. It helps reduce risk, increase efficiency, optimize resources, and improve both the customer and employee experience.

IT 94

IT Risk Management Risk Optimization 94

CIO Business Intelligence

NOVEMBER 8, 2023

This requires knowing the risks involved with the cloud, which include external risks and threats, as well as internal risks and threats that could not only lead to a security compromise or an embarrassing leak but may affect organizations’ overall productivity and efficiency. 8 Complexity. 8 Complexity. Operational costs.

Cost-Benefit 129

Cost-Benefit Risk Digital Transformation Reporting 129

CIO Business Intelligence

DECEMBER 20, 2023

THE BOOM OF GENERATIVE AI Digital transformation is the bleeding edge of business resilience. As transformation is an ongoing process, enterprises look to innovations and cutting-edge technologies to fuel further growth and open more opportunities. Generative AI, No Code and Low Code

Digital Transformation 121

Digital Transformation Testing Software Cost-Benefit 121

CIO Business Intelligence

JULY 26, 2023

Dr Setia, also the chairperson of the centre for digital transformation at the business school, teaches graduate-level courses on the leadership of digital organizations, strategic management of digital innovations, and digital transformation. marketing, finance, human resources, etc.).

Digital Transformation 98

Digital Transformation Strategy Risk Enterprise 98

FineReport

APRIL 9, 2024

Optimized Operational Efficiency: These tools streamline processes and resource allocation, leading to cost savings and improved resource utilization. These innovative solutions pave the way for future trends in healthcare, shaping the industry’s digital transformation journey.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

Cloudera

AUGUST 3, 2021

Advanced analytics empower risk reduction . Advanced analytics and enterprise data are empowering several overarching initiatives in supply chain risk reduction – improved visibility and transparency into all aspects of the supply chain balanced with data governance and security. . Digital Transformation is not without Risk.

Analytics 107

Analytics Digital Transformation Risk Forecasting 107

CIO Business Intelligence

DECEMBER 29, 2023

With the merging of operational efficiency and embracing new technologies, today’s CIOs are under increasing pressure to do more with less and become both technologists and business leaders, says Sunny Azadeh, CIO at digital services company GlobalLogic. “In

Cost-Benefit 133

Cost-Benefit Digital Transformation Consulting Strategy 133

IBM Big Data Hub

JUNE 12, 2023

As public cloud technology and hybrid multicloud architectures are being adopted in financial institutions at an increasing rate, we’re observing that their counterparts in the public sector— central banks—are a long way behind, due at least in part to a profoundly risk-averse approach.

Strategy 92

Strategy Cost-Benefit Digital Transformation Uncertainty 92

IBM Big Data Hub

FEBRUARY 13, 2024

They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms.

Cost-Benefit 84

Cost-Benefit Scorecard Risk Recreation/Entertainment 84

CIO Business Intelligence

JANUARY 3, 2024

AI can help optimize processes in many different ways, for example: customers’ speech and text into different languages, dialects, or accents. AI First in the Contact Center IBM Consulting and Amazon Web Services (AWS) are working together to bring an AI-first strategy to contact center transformation. Digital Transformation

B2B 109

B2B Insurance Consulting Cost-Benefit 109

CIO Business Intelligence

APRIL 21, 2022

Each must be committed to the agile/digital transformation and must communicate that support clearly throughout the transformation journey. . To optimize business agility, which includes Agile and DevOps, organizations should: . Scale an enterprise mindset . All hands on deck .

Digital Transformation 132

Digital Transformation Key Performance Indicator Risk Testing 132

CIO Business Intelligence

MAY 24, 2023

Yet, as organizations transform, CIOs and their teams are being asked to manage the optimal mix of infrastructure, platform, software, database, storage, and more to meet these new strategic objectives—while also creating sustained value and positioning the organization for the future. Digital Transformation

Strategy 96

Strategy IT Digital Transformation Optimization 96

CIO Business Intelligence

NOVEMBER 3, 2023

For example, AI can quickly answer: what is the best strategy for optimizing savings in a rising market for a particular category? When in the thick of running a complex RFP, we might ask what combinations of suppliers give the best savings and lowest risk,” says Blake.

Digital Transformation 126

Digital Transformation Risk Management Risk Machine Learning 126

CIO Business Intelligence

FEBRUARY 15, 2024

Like many incumbents in the consumer packaged goods (CPG) industry, Henkel was slow to embrace digital technologies, resulting in a widening disconnect between the 147-year-old company and the changing needs of its customers. Gearing up for change Headquartered in Dusseldorf with 50,000-plus employees, Henkel is more than a CPG enterprise.

B2B 130

B2B Optimization Machine Learning Software 130

CIO Business Intelligence

SEPTEMBER 14, 2022

IT leaders in EMEA are increasingly leading digital transformation efforts, with 84% of CIOs saying they’re responsible for these efforts, according to the Foundry 2022 State of the CIO study. Yet, there is risk in sidelining these issues and not moving quickly. Accelerate your digital transformation by starting here.

IT 75

IT Digital Transformation Cost-Benefit Consulting 75

CIO Business Intelligence

OCTOBER 1, 2022

The partners say they will create the future of digital manufacturing by leveraging the industrial internet of things (IIoT), digital twin , data, and AI to bring products to consumers faster and increase customer satisfaction, all while improving productivity and reducing costs. Smart manufacturing at scale.

Manufacturing 144

Manufacturing Digital Transformation IoT Internet of Things 144

CIO Business Intelligence

MAY 16, 2023

As most banks maintain a hybrid of physical and digital records, front-line branch associates struggle to provide a friendly, frictionless customer experience. What the chief banking officer understood while visiting a competitor’s branch was both the complexity and the necessity of digital transformation, including paperless initiatives.

Digital Transformation 82

Digital Transformation Uncertainty Risk Cost-Benefit 82

CIO Business Intelligence

NOVEMBER 8, 2023

But strategically important digital transformations should be protected “because they set you up over time and create more flexibility and adaptability,” says Andrew Blau, MD and US leader, eminence and insights, at Deloitte Consulting. Also, sticking to your strategic digital transformation plans is paramount, says PwC’s Phaneuf.

IT 123

IT Cost-Benefit Digital Transformation Software 123

Smarten

NOVEMBER 28, 2023

Businesses that use data to make decisions can adapt to change more quickly and improve services and products, customer engagement and day-to-day activities to optimize resources, funding, training, and creativity.’

Analytics 67

Analytics Digital Transformation Cost-Benefit Testing 67

CIO Business Intelligence

APRIL 1, 2022

Is it digital transformation (the phrase that has launched a thousand consultancies and as many failed strategies)? It is time to root out digital ignorance wherever it may reside in the enterprise. Digital transformation, cloud computing, 5G, metaverse… these are not strategies. Is it cloud computing?

Digital Transformation 137

Digital Transformation Finance Strategy Consulting 137

CIO Business Intelligence

MAY 11, 2022

To optimize technology for CX, CIOs must connect technology to customer value, thinking in terms of customer experience rather than customer process. Companies that do not anchor to brand purpose run the risk of spending millions on technologies that do not align to what customers care about. Implement change enablement.

Digital Transformation 92

Digital Transformation ROI Risk Optimization 92

CIO Business Intelligence

JUNE 28, 2023

Finally, our goal is to diminish consumer risk evaluation periods by 80% without compromising the safety of our products.” He points to cost savings from the reduction in laboratory tests, formulations, external software licenses, and the optimization of activities. This allowed us to derive insights more easily.”

Digital Transformation 86

Digital Transformation Cost-Benefit Informatics Data mining 86