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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%

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Trust: The foundation for successful digital transformation

CIO Business Intelligence

These challenges grow even more pronounced in tracking progress across intricate digital transformation initiatives. Ultimately, these businesses run the increasing risk of falling behind in their markets. In this way, teams gain the ability to optimize value delivery and adapt more quickly. Digital Transformation

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Must Read: New Trends for Digital Transformation in 2023 – Value Stream Management

CIO Business Intelligence

With supply chain issues and the impending recession, digital transformation remains a pressing strategic imperative. However, key digital transformation milestones remain out of reach for far too many teams. The survey also revealed that digital transformation initiatives are tightly aligned with VSM.

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Allstate’s cloud-first approach to digital transformation pays off

CIO Business Intelligence

Zulfi Jeevanjee, EVP and CIO, believes the best way to build and align next-generation business processes and modern IT platforms is to build anew, and so he is taking a cloud-first approach to digital transformation, dumping out all legacy infrastructure along the way. To fuel its transformation, the Northbrook, Ill.-based

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Optimizing IT resources through infrastructure, people, and processes

CIO Business Intelligence

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.

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Does Cost Reduction Play a Role in Digital Transformation?

Cloudera

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.”. Strategies to maximize impact.

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Is there a “right” cloud strategy for banking?

IBM Big Data Hub

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.