CIO Business Intelligence

SEPTEMBER 17, 2022

More than 70% of US legal departments across enterprises spanning various industry sectors have not made any investment towards digital transformation in the last two years, according to a joint report from The Association of Corporate Counsel (ACC) and legal-technology company Disco.

Digital Transformation 105

Digital Transformation Reporting Cost-Benefit Management 105

CIO Business Intelligence

MAY 2, 2023

Despite the best of intentions, CIOs and their organizations often struggle to deliver business outcomes from digital transformation strategies. And while KPMG reports that 72% of CEOs have aggressive digital investment strategies, McKinsey details a harsh reality that 70% of transformations fail.

Digital Transformation 132

Digital Transformation IT Data-driven Metrics 132

CIO Business Intelligence

FEBRUARY 13, 2023

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 findings from this survey are now available in a report entitled “ 2023 Value Stream Management Trends.”

Digital Transformation 141

Digital Transformation Management Reporting Data-driven 141

CIO Business Intelligence

OCTOBER 20, 2023

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

Digital Transformation 135

Digital Transformation Insurance Recreation/Entertainment Machine Learning 135

CIO Business Intelligence

APRIL 16, 2024

The next generation of leaders in family businesses is poised to embrace the transformative power of generative AI (GenAI) despite marked resistance from the incumbent leaders, according to a PwC report.

Reporting 95

Reporting Digital Transformation Uncertainty Measurement 95

CIO Business Intelligence

JULY 10, 2023

The digital transformation journey for any enterprise is protracted and complex. Technology leaders often underestimate the complications associated with it. Nonetheless, these decisions are in the interest of the organization for digital transformation to lend a much-needed competitive edge.

Digital Transformation 115

Digital Transformation IT Business Objectives Enterprise 115

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

CIO Business Intelligence

NOVEMBER 22, 2022

Digital transformation initiatives have picked up in the retail sector in recent years as store chains compete for brand awareness and sales in a rapidly evolving market. By 2026, retailers’ global investments in digital transformation tools are expected to reach $388 billion , growing by 18% a year.

Digital Transformation 126

Digital Transformation Sales Machine Learning Optimization 126

BA Learnings

AUGUST 7, 2021

Are you thinking about initiating a digital transformation campaign in your company? Boston Consulting Group conducted a digital transformation study in 2020 to find out why such projects are missing the mark. Lack Of Expert Assistance How hard can digital transformation be? “I Let’s get started.

Digital Transformation 130

Digital Transformation Key Performance Indicator Cost-Benefit KPI 130

erwin

JUNE 14, 2019

Digital transformation examples can be found almost anywhere, in almost any industry. Amazon began as a disruptor to brick-and-mortar bookstores, eventually becoming one of the most obvious digital transformation examples as it went on to revolutionize online shopping. Digital Transformation in Retail.

Digital Transformation 111

Digital Transformation Data Governance Risk Data-driven 111

CIO Business Intelligence

DECEMBER 5, 2023

Cyberattacks on operational technology (OT) systems are rapidly rising. In fact, manufacturing was one of the sectors most impacted by extortion attacks last year, according to Palo Alto Networks Unit 42, as reported in the 2023 Unit 42 Extortion and Ransomware Report.

Technology 93

Technology Strategy Manufacturing Digital Transformation 93

erwin

JULY 26, 2019

Part three of erwin’s digital transformation blog series. . Instead they rely on consultants, trends, regulations and legislation to drive strategy. Collaboration on EA is seen as secondary and mostly focused on reports and status updates. Giving Digital Transformation an Enterprise Architecture EDGE.

Digital Transformation 106

Digital Transformation Strategy Enterprise Business Intelligence 106

CIO Business Intelligence

APRIL 1, 2024

Feats like that have ramped up pressure on CIOs to not just modernize, but modernize faster so they’re ready to seize new opportunities as they arise by having infrastructure that can support emerging technologies and a team that isn’t mired in maintenance mode. Technology modernization without purposeful application produces novelty at best.

Strategy 139

Strategy IT ROI Digital Transformation 139

CIO Business Intelligence

SEPTEMBER 11, 2023

Bahrain EDB As cloud adoption grows, its impact on economies and businesses is starting to show that digital transformation can make good on the utopian promises of innovation and improved public services. The story of success From the start, the Bahraini government’s digital transformation plan was comprehensive and bold.

Digital Transformation 88

Digital Transformation Cost-Benefit Statistics Strategy 88

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.”. Strategies to maximize impact.

Digital Transformation 85

Digital Transformation Cost-Benefit Data Lake Machine Learning 85

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 95

Strategy Cost-Benefit Digital Transformation Uncertainty 95

CIO Business Intelligence

MARCH 8, 2024

For the National Center for Women & Information Technology (NCWIT), effecting change for women working in IT is a holistic endeavor. Usually, a senior leader and their direct [reports] will participate in the journey. We like to make the distinction that it’s about fixing systems, not fixing women,” says Ashcraft.

Digital Transformation 91

Digital Transformation IT Software Strategy 91

Rocket-Powered Data Science

OCTOBER 16, 2020

Artificial intelligence (AI) has become one of the most significant emerging technologies of the past few years. While there has been accelerating interest in implementing AI as a technology, there has been concurrent growth in interest in implementing successful AI strategies.

Strategy 198

Strategy Insurance Snapshot Digital Transformation 198

CIO Business Intelligence

JANUARY 18, 2024

Dubai Electricity and Water Authority (DEWA) utilises innovation and disruptive technologies in detecting leaks in the water transmission underground pipelines. DEWA’s Smart Ball technology detects leaks that are usually difficult to detect using traditional techniques. This helped DEWA save 243 million gallons of water and AED 9.66

Technology 97

Technology Internet of Things IoT Digital Transformation 97

erwin

JULY 11, 2019

At a fundamental level, digital transformation is about further synthesizing an organization’s operations and technology, so involving business architecture and process modeling is a best practice organizations cannot ignore. So the business and digital transformation playbook has to be updated.

Digital Transformation 106

Digital Transformation Modeling Data Governance Visualization 106

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 57

Digital Transformation Consulting Data Processing Marketing 57

CIO Business Intelligence

DECEMBER 21, 2023

Ken Kremer, chief technical officer at Involta, points out that the company’s inaugural Environmental, Social, and Governance (ESG) report reflects its commitment to set an example for the IT industry. Kremer notes that Involta is proud to support that important work by driving change and innovation in the technology sector.

Technology 95

Technology Digital Transformation Business Objectives Strategy 95

CIO Business Intelligence

AUGUST 21, 2023

They may publicly preach “No technology for technology’s sake,” but they still frequently share their fascination with the latest tech gadgets. It’s then that the hopes for the technology get way ahead of what it can actually deliver today. They’re not the only ones enthralled by tech. Here’s what they say on the topic.

Technology 145

Technology IT Uncertainty Reporting 145

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 85

Digital Transformation Consulting Data-driven Uncertainty 85

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

CIO Business Intelligence

APRIL 14, 2022

This article was co-authored by Katherine Kennedy , an Associate at Metis Strategy. The ability to provide transparent, data-driven insights and measure progress toward ESG commitments makes the technology leader critical to the success of any ESG strategy. The recommendations below can serve as useful first steps.

Strategy 107

Strategy Digital Transformation IoT Measurement 107

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 112

Digital Transformation Strategy Metrics Machine Learning 112

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

Jet Global

AUGUST 11, 2020

Digital transformation has the power to radically overhaul every aspect of an organization’s operations. But because of the company-wide impact of a financial transformation, the office of the CFO plays a unique role in driving the transformation beyond its own territory. Naturally, that includes the finance department.

Digital Transformation 90

Digital Transformation Finance Machine Learning Data Collection 90

CIO Business Intelligence

OCTOBER 5, 2023

The advent of new technologies has accelerated the rate of innovation and disrupted the business landscape as we know it. As the pace of innovation speeds up, tomorrow’s front runners are those who readily embrace disruptive technologies to spearhead new business models and capture new avenues of growth.

Technology 114

Technology Digital Transformation Data-driven Modeling 114

CIO Business Intelligence

MARCH 23, 2022

Digital transformation goes beyond implementing technological resources — it also requires change in thinking and strategy. CIO MIddle East: How would you describe the healthcare technology landscape in Lebanon? CIO MIddle East: How have advancements in technology impacted Mount Lebanon Hospital?

Digital Transformation 63

Digital Transformation Statistics Data Collection Technology 63

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. These are two interconnected issues, because sustainability not only shows how we can use technology to be more sustainable, but also guides the paths of technological development.”

Digital Transformation 86

Digital Transformation Data-driven Cost-Benefit Management 86

CIO Business Intelligence

MARCH 4, 2024

Ever-shifting domain-level business logic and architectures add to the workload of overwhelmed central data teams, which results in difficult, misaligned metric reporting and declining data reliability. Stakeholders are currently waging an open debate across the industry of centralization versus federated data strategies.

Insurance 81

Insurance Strategy Data Governance Data Integration 81

CIO Business Intelligence

MAY 7, 2024

That’s according to a recent report based on a survey of CDOs by AWS in conjunction with the Chief Data Officer and Information Quality (CDOIQ) Symposium. One reason the role may be misunderstood, the report says, is because it’s relatively new. Company data can drive its go-to-market strategy, she adds.

Data Strategy 120

Data Strategy Data-driven Data Quality Strategy 120

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.

Management 140

Management Digital Transformation Cost-Benefit ROI 140

CIO Business Intelligence

MAY 12, 2023

That’s what James Hannah, SVP and global CIO of General Dynamics Information Technology, has done in support of the Reston, Va.-based based aerospace and defense contractor’s 10 business units, each of which has its own CIO who works autonomously to make decisions about each division’s use of digital technologies for its unique business.

Strategy 88

Strategy IT Digital Transformation Finance 88

CIO Business Intelligence

JULY 31, 2023

The adoption curve here is by no means gradual, with most enterprise leaders quickly working to harness the technology’s potential mere months after the November 2022 launch of gen AI tool ChatGPT kicked off a wave of enthusiasm (and worry). Here’s a rundown of the top 20 issues shaping gen AI strategies today.

Strategy 93

Strategy Risk Enterprise Risk Management 93