CIO Business Intelligence

APRIL 2, 2024

Over the past decade, CIOs have invested significantly in digital transformation initiatives in an effort to improve customer experiences, build data analytics capabilities, and deliver productivity enhancements with automation. Unfortunately, the business impact of many digital transformations continues to fall short of expectations.

Management 116

Management Digital Transformation Testing Experimentation 116

CIO Business Intelligence

MARCH 23, 2022

Digital transformation goes beyond implementing technological resources — it also requires change in thinking and strategy. Hospitals around the world have been struggling with digital transformation as it involves interventions from the medical team which are usually reluctant to use technology in their daily medical practice.

Digital Transformation 63

Digital Transformation Statistics Data Collection Technology 63

CIO Business Intelligence

MAY 24, 2023

Because computing environments have gotten a lot more complicated as organizations pursue digital transformations. Security, strategy and cost were among the top reasons for migrating workloads. Ideally, this will make your digital transformation trek go more smoothly—and help you and your team avoid getting lost in the woods.

Strategy 88

Strategy Digital Transformation Cost-Benefit Software 88

CIO Business Intelligence

MAY 12, 2023

Laying the multicloud foundation When the IT division started its digital transformation, Hannah and his team performed a thorough assessment of General Dynamics’ corporate workloads to determine which cloud would be best based on functionality. We were able to get better metrics and reporting. It is not a candy store.

Strategy 88

Strategy IT Digital Transformation Finance 88

CIO Business Intelligence

NOVEMBER 17, 2022

Senior executives around the world are realising their business success is irrevocably tied to their network strategy. This is clear from NTT’s 2022–23 Global Network Report , for which we conducted 1,378 in-depth interviews across 21 countries in the Americas, Europe, Asia Pacific, the Middle East and Africa, and Australia and New Zealand.

Reporting 52

Reporting Digital Transformation Strategy Business Intelligence 52

IBM Big Data Hub

JULY 31, 2023

While bank failures are often the result of bad management decisions and policies, there’s good reason to attribute some blame to delayed modernization initiatives and strategies. Couldn’t execs have run better analyses to spot risks within the data? Why did they fail to launch a new mobile app?

Digital Transformation 54

Digital Transformation Uncertainty Risk Data Warehouse 54

CIO Business Intelligence

JULY 31, 2023

Just look at the stats:Some 45% of 2,500 executives polled for a May 2023 report from research firm Gartner said the publicity around ChatGPT prompted them to increase their AI investments, 70% said their organization is already exploring gen AI, and 19% are in actual pilot or production mode.

Strategy 93

Strategy Risk Enterprise Risk Management 93

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 94

Digital Transformation Data-driven Cost-Benefit Strategy 94

CIO Business Intelligence

FEBRUARY 23, 2024

These alliances also help Kyndryl build more capabilities for its open integration platform — Kyndryl Bridge — which was developed to connect to an enterprise’s present IT infrastructure and asses it to help CIOs solve issues in the entire IT system. For new customers, Kyndryl Consult may go through the transformation advisory group.

Consulting 118

Consulting Digital Transformation Reporting Enterprise 118

CIO Business Intelligence

JULY 4, 2023

It’s not uncommon for CIOs, CISOs, and sometimes their direct reports to be called on to participate in board meetings or to present IT strategies and plans to their boards of directors. But when I think about my own board presentations and meetings, it’s the simple mistakes I remember most.

IT 122

IT Digital Transformation Risk Consulting 122

IBM Big Data Hub

NOVEMBER 20, 2023

In 2023, organizations have faced an unprecedented level of pressure to digitally transform with the rise of generative AI as well as imperatives such as sustainability, labor productivity and security. This can present new challenges for organizations that are looking to reduce their greenhouse gas (GHG) emissions.

Digital Transformation 92

Digital Transformation Insurance Enterprise Data-driven 92

CIO Business Intelligence

MARCH 25, 2022

Digital transformation work has been greatly accelerated by the pandemic,” says Paul Martin, who wrapped up a decade as CIO of Baxter International in October 2020 and now serves on four public company boards: Unisys, Ping Identity, Owens Corning, and Steris.

Digital Transformation 99

Digital Transformation Uncertainty Machine Learning Strategy 99

CIO Business Intelligence

APRIL 11, 2023

One factor driving global transformation is the push to bring healthcare services, as well as responsibilities and control, closer to consumers. But business value is what is important for a particular business, which stems from the business capabilities rolled up from the business strategy. Bedford, Mass.-based

Modeling 98

Modeling IT Strategy Uncertainty 98

CIO Business Intelligence

MARCH 27, 2023

Chief data and analytics officers (CDAOs) are poised to be of increasing strategic importance to their organizations, but many are struggling to make headway, according to data presented last week by Gartner at the Gartner Data & Analytics Summit 2023. The mean reported budget among respondents was $5.41

Data-driven 140

Data-driven Data Quality Strategy Reporting 140

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 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 90

Digital Transformation Snapshot Finance Strategy 90

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. With this forward-thinking mindset, I present the top 7 FP&A trends for 2022.

Digital Transformation 97

Digital Transformation Finance Machine Learning Forecasting 97

Smarten

MAY 17, 2023

In relation to the ChatGPT trend, a recent Gartner report states that business should, “Recognize that this is a very early stage and a hyped technology” with potentially significant uses. “So, proceed, but don’t over pivot.” Original Post : To Use AI and GPT Now, Focus on Current State Capabilities!

Digital Transformation 52

Digital Transformation Experimentation Risk Testing 52

CIO Business Intelligence

JUNE 21, 2023

One report estimates that 4,000 positions were eliminated by AI in May alone. In 2022, companies were still reeling from the rapid digital transformation efforts to survive the pandemic. How do you convince decision-makers to collaborate on linking IT strategy with business strategy?

Modeling 104

Modeling Cost-Benefit ROI Digital Transformation 104

CIO Business Intelligence

JANUARY 12, 2023

While the details will vary, at its core, the issue is this: digital transformation is a critical imperative, and the PMO isn’t doing enough to help fuel success. In fact, according to one report, 73% of projects met original goals. In the process, the focus on strategy and strategic outcomes falls by the wayside. #3.

Digital Transformation 64

Digital Transformation Strategy Enterprise Management 64

IBM Big Data Hub

MARCH 14, 2024

According to a study conducted by HFS Research in partnership with IBM Consulting®, only 25% of surveyed enterprises have reported solid ROI on business outcomes from their cloud transformation efforts. Businesses must recalibrate transformation programs to align more closely with business imperatives and outcomes.

ROI 76

ROI Business Objectives Cost-Benefit Enterprise 76

CIO Business Intelligence

NOVEMBER 8, 2023

Danielle Phaneuf, partner, Cloud & Digital Strategy at PwC, says that inflation will probably be the leading threat to business for at least the next six months — an assertion 40% of CEOs agreed with in PwC’s 2023 CEO Survey. But it’s a long-game strategy: That cycle can take 10 years to play out, he says. Here’s how.

IT 120

IT Cost-Benefit Digital Transformation Software 120

CIO Business Intelligence

AUGUST 29, 2023

Ursula Cottone, chief data officer at Huntington National Bank, asked ChatGPT to give her team the outline for presenting AI to the board. Just about every communication with investors — e.g., the annual report, investor days, or earnings reports — now includes information about AI. We surfaced a wide variety of obstacles.

Insurance 96

Insurance Digital Transformation Data Processing Enterprise 96

CIO Business Intelligence

DECEMBER 4, 2023

CIOs today find themselves in a unique position to survey everything taking place across their organization, find opportunities, resolve conflicts, set priorities, and help shape strategy. How can a CIO use that unique vantage point to help mold strategy for their organization? Start with some of these steps.

Digital Transformation 119

Digital Transformation Strategy Technology Marketing 119

CIO Business Intelligence

OCTOBER 10, 2022

Transformative leaders should help employees feel comfortable exploring new ideas and opportunities that can inject innovation into the organization. You want to establish an environment that welcomes growth and gets everyone excited about digital transformation and other important initiatives in the organization.

Modeling 144

Modeling Digital Transformation Software Manufacturing 144

CIO Business Intelligence

APRIL 18, 2023

A fractional CIO is a technology leader hired on a temporary or part-time basis, explains Peter Kirkwood, corporate strategy leader at management consulting and strategy advisory firm Zinnov. A fractional CIO develops and leads the execution of a company’s IT strategy,” he states. What does a fractional CIO do?

Consulting 101

Consulting Digital Transformation Enterprise Cost-Benefit 101

erwin

NOVEMBER 13, 2020

Digital Transformation. See also: Forrester’s Enterprise Architecture Management Suite Report. COVID-19 is not just accelerating digital progress, it’s also driving a radical change in thinking, as organizations reset. Digital Transformation. Data Security & Risk Management.

Enterprise 131

Enterprise Digital Transformation Key Performance Indicator Data-driven 131

CIO Business Intelligence

OCTOBER 13, 2023

Data architect role Data architects are senior visionaries who translate business requirements into technology requirements and define data standards and principles, often in support of data or digital transformations. They often report to data infrastructure and data science leads.

Data Architecture 126

Data Architecture Data Warehouse Statistics Visualization 126

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 106

Modeling Management IT Metrics 106

CIO Business Intelligence

APRIL 29, 2022

In a business context, transformation principles present guardrails that help guide the organization about decisions and behaviour, especially in VUCA times like these. Embracing data truths strongly informs how to execute on this aspiration while reducing emissions and reporting responsibly. The transition to servicizing.

Recreation/Entertainment 109

Recreation/Entertainment Digital Transformation Data-driven Enterprise 109

CIO Business Intelligence

SEPTEMBER 14, 2023

Nasdaq is currently using gen AI for a range of applications, including supporting digital investigators’ efforts to identify financial crime risk and empowering corporate boards to consume presentations and disclosures more efficiently. The company, which reported net revenues of $3.6

Risk Management 108

Risk Management Risk Marketing Cost-Benefit 108

IBM Big Data Hub

JULY 12, 2023

As a leading financial group in Spain, CaixaBank has long been an innovator by taking a technology-first approach by placing innovation, digital transformation, customer experience and sustainable banking at the forefront of its strategy. CaixaBank is continuing its initiative to increase cloud absorption.

Digital Transformation 52

Digital Transformation Finance Cost-Benefit Data Processing 52

CIO Business Intelligence

APRIL 10, 2023

The title of my presentation has been “Digital Transformation Strategy,” subtitled “How to effectively exploit the IT resource to gain sustained competitive advantage.” When I present to future MBAs, I focus on four central issues that business executives most often get wrong about IT.

IT 70

IT ROI Sales Reporting 70

CIO Business Intelligence

MAY 9, 2023

According to the Rocket Software Survey Report 2022: The State of the Mainframe , four out of five IT professionals see the mainframe as critical to business success. Digital Transformation The mainframe may seem like a relic of a day gone by, but truth be told, it’s still integral. DevOps innovations (e.g.,

Cost-Benefit 86

Cost-Benefit Software Digital Transformation Risk 86

CIO Business Intelligence

APRIL 18, 2022

Organizations that continued full speed ahead with their digital transformation initiatives during the COVID-19 pandemic are able to ruminate on what went right and what they would have done differently, with the benefit of hindsight. A leader also needs to devote time and energy to drive a transformation forward.

Digital Transformation 145

Digital Transformation Dashboards Cost-Benefit Consulting 145

CIO Business Intelligence

FEBRUARY 21, 2023

Heineken’s ambition to become best in class with connectivity Heineken has historically excelled at building strong connections with consumers, customers, suppliers and employees, but there’s an understanding that relationships are changing where physical and digital experiences intersect. Agility has become critical, top-down and bottom-up.

Digital Transformation 93

Digital Transformation Sales Experimentation Optimization 93

IBM Big Data Hub

OCTOBER 13, 2023

This creates a domino effect: if your product teams are unable to access this pricing information in real-time, marketing strategy teams might then struggle to provide up-to-date messaging to potential customers. You were unaware of this since the supply chain teams only provide this information in quarterly reports.

Marketing 74

Marketing Cost-Benefit Optimization Digital Transformation 74