CIO Business Intelligence

JANUARY 24, 2024

Organizations can’t afford to mess up their data strategies, because too much is at stake in the digital economy. Unfortunately, the road to data strategy success is fraught with challenges, so CIOs and other technology leaders need to plan and execute carefully.

Data Strategy 136

Data Strategy Strategy Unstructured Data Data Governance 136

CIO Business Intelligence

APRIL 26, 2024

At the core of its strategy is the mountain of data that TransUnion has acquired — along with more than 25 companies — over decades. The multilayered data platform will enable TransUnion’s customers to perform deep analytics and build complex AI models. But following its $3.1

Modeling 107

Modeling IT Machine Learning Data Governance 107

IBM Big Data Hub

DECEMBER 20, 2023

A successful business strategy dictates the allocation of resources and outlines how a company will achieve its strategic goals. Whether the organization is focused on developing new products or marketing an existing service to an under-served demographic, having a solid strategy will help an organization realize its long-term goals.

Strategy 73

Strategy Advertising Key Performance Indicator Consulting 73

CIO Business Intelligence

JANUARY 22, 2024

However, understanding what’s going on with some large language models (LLMs) in terms of how they’ve been trained, and on what data and whether the outputs can be trusted, is another matter considering the increasing rate of hallucinations. Gartner estimates that by 2030, synthetic data will overtake the use of real data in AI models.

Data Strategy 131

Data Strategy Strategy Data-driven Enterprise 131

IBM Big Data Hub

DECEMBER 20, 2023

Without an AI strategy, organizations risk missing out on the benefits AI can offer. An AI strategy helps organizations address the complex challenges associated with AI implementation and define its objectives. What is an AI strategy? A successful AI strategy should act as a roadmap for this plan.

Strategy 74

Strategy Business Objectives Cost-Benefit Consulting 74

CIO Business Intelligence

APRIL 29, 2024

While traditional approaches to bridging the profitability gap, like layoffs and budget cuts, can harm company culture, an innovative and practical alternative is capitalizing on technology budgets. However, it’s important to remember that headcount and budget cuts are not the only strategies to streamline costs.

Technology 64

Technology Cost-Benefit Data-driven Finance 64

CIO Business Intelligence

OCTOBER 25, 2023

Much of what has been learned is catalogued by the MACH Alliance, a global consortium of nearly 100 technology vendors that promotes “open and best-in-breed enterprise technology ecosystems,” with an emphasis on microservices and APIs. Think about, for instance, an API strategy that assumes the consumer is going to be a web client.

Strategy 138

Strategy Software Enterprise Technology 138

CIO Business Intelligence

FEBRUARY 15, 2024

Following are ways CIOs can help overcome disconnect in the C-suite on the evolving nature of their role in an effort to better enable support for their digital strategies. The dialogue with the board and with human resources is fruitful, and the managers are receptive, which greatly facilitates the digital strategy.”

Strategy 122

Strategy Digital Transformation Cost-Benefit Forecasting 122

IBM Big Data Hub

APRIL 25, 2024

In today’s dynamic and uncertain landscape, commerce strategy—what we might formerly have referred to as ecommerce strategy—is so much more than it once was. Commerce is a complex journey in which the moment of truth—conversion—takes place. Experience is the North Star of conversion.

Strategy 87

Strategy Sales Marketing Consulting 87

CIO Business Intelligence

JUNE 23, 2023

According to the MIT Technology Review Insights Survey, an enterprise data strategy supports vital business objectives including expanding sales, improving operational efficiency, and reducing time to market. The problem is today, just 13% of organizations excel at delivering on their data strategy.

Data Strategy 114

Data Strategy Strategy Visualization Consulting 114

CIO Business Intelligence

MARCH 25, 2024

And they want to know exactly how much return on investment (ROI) can be expected when IT leaders make technology-related changes. Continuous and dependable funding facilitates IT leaders’ ability to deliver leading-edge technology solutions while not increasing technical debt. Meanwhile, CIOs want certainty when it comes to funding.

Modeling 124

Modeling Cost-Benefit IT ROI 124

IBM Big Data Hub

DECEMBER 18, 2023

In today’s business environment, regardless of the product or service, leaders must develop a well-honed business strategy. A successful business strategy must clearly define an organization’s objectives, decision-making processes and long-term business goals.

Strategy 71

Strategy Cost-Benefit Consulting Marketing 71

CIO Business Intelligence

OCTOBER 12, 2023

You require a strategy for efficient, productive, and responsible corporate use. Although it’s early days, as many as 75% of organizations reported quantified outcomes from GenAI projects, with 26% expecting productivity gains, according to a Dell Technologies survey of IT decision makers. These tips will help you get started.

Strategy 122

Strategy Marketing Metrics Technology 122

CIO Business Intelligence

APRIL 30, 2024

Saudi Aramco is spearheading the innovations by embracing cutting-edge technologies like artificial intelligence, both within its core operations and beyond, which places the company ahead of the curve. Known as Aramco METABRAIN, the generative AI model is trained on data accumulated by the company over the past 90 years.

Strategy 115

Strategy Machine Learning Technology Publishing 115

IBM Big Data Hub

MAY 28, 2024

Companies continue to create more attack surfaces with hybrid models, scattering critical data across cloud, third-party and on-premises locations, while threat actors constantly devise new and creative ways to exploit vulnerabilities. What is a data protection strategy? million, a 15 percent increase over three years.

Strategy 45

Strategy Measurement Risk Cost-Benefit 45

IBM Big Data Hub

SEPTEMBER 6, 2023

With the right generative AI strategy, marketers can mitigate these concerns. If the training data is biased or incomplete, the models may generate inaccurate content. This might include a virtual model wearing outfits that match the customer’s body type, fashion choices and activities of interest.

Marketing 117

Marketing Strategy B2B Cost-Benefit 117

CIO Business Intelligence

JULY 6, 2023

While Microsoft, AWS, Google Cloud, and IBM have already released their generative AI offerings, rival Oracle has so far been largely quiet about its own strategy. The service also comes with Nvidia’s foundation models, such as BioNeMo and Nvidia Picasso, along with AI training and governance frameworks.

Strategy 104

Strategy Metadata Enterprise Modeling 104

CIO Business Intelligence

MAY 17, 2023

The big picture : In the midst of a rush to technology modernization, it’s critical to ensure the organization’s data assets are not overlooked. Although most organizations want to modernize their technology, enable new capabilities, and/or reduce their technical debt , any number of “Murphy’s Law” moments can defer those efforts.

Data-driven 103

Data-driven Strategy IT Insurance 103

CIO Business Intelligence

JULY 20, 2022

As technology continues to take a larger role in corporate sustainability practices, CIOs can play a key role in driving both business value and environmental, social, and governance (ESG) performance. In fact, creating and implementing a comprehensive sustainable technology strategy must now be the core mission of a purpose-driven CIO.

Technology 144

Technology Metrics Strategy Measurement 144

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 105

Technology Internet of Things IoT Digital Transformation 105

CIO Business Intelligence

DECEMBER 18, 2023

By Bryan Kirschner, Vice President, Strategy at DataStax For all the deserved enthusiasm about the potential of generative AI, “ ChatGPT is not your AI strategy ” remains sound advice. That said, it’s still worthwhile to think about how to use large language model (LLM)-powered tools like ChatGPT in more strategic ways.

Strategy 132

Strategy IT Uncertainty Machine Learning 132

CIO Business Intelligence

FEBRUARY 20, 2024

Moreover, most enterprise cloud strategies involve a variety of cloud vendors, including point-solution SaaS vendors operating in the cloud. The US Commerce Department in January, for example, proposed a rule banning Chinese companies from training their LLM models in US cloud environments.

Risk 127

Risk Enterprise Strategy Snapshot 127

IBM Big Data Hub

FEBRUARY 22, 2024

The rise of foundation models that power the growth of generative AI and other AI use cases offers exciting possibilities—yet it also raises new questions and concerns about their ethical design, development, deployment, and use. Emerging risks intrinsic to foundation models and their inherent generative capabilities.

Modeling 63

Modeling Risk Strategy Enterprise 63

CIO Business Intelligence

JULY 19, 2023

And with four industrial centers, four technology centers, and a foothold in more than 20 maintenance workshops, the company’s technological strategy is pivotal to progress as Pablo Celada, director of technology and systems for Europe at Alstom, reveals. What other disruptive technologies are you involved with?

Strategy 98

Strategy IT Digital Transformation Cost-Benefit 98

CIO Business Intelligence

FEBRUARY 27, 2024

Does your organization see technology infrastructure as a commodity or as a strategic business enabler? The answer will shape your approach to infrastructure: you can keep legacy infrastructure going as long as you can, or you can pursue the cutting edge of technology. Legacy technology also affects sustainability.

Technology 105

Technology Management Manufacturing Cost-Benefit 105

IBM Big Data Hub

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. A procurement strategy is not merely a series of steps for acquiring goods and services. What is a procurement strategy?

Strategy 68

Strategy Cost-Benefit Key Performance Indicator Consulting 68

IBM Big Data Hub

JANUARY 8, 2024

Organizations implementing successful business transformations are more likely to grow their existing businesses, eliminate silos, create revenue growth and business models and reinvent how they handle their operations. There are several reasons why digital transformation and business strategy are so closely tied together: 1.

Digital Transformation 63

Digital Transformation Strategy Key Performance Indicator Cost-Benefit 63

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 125

Technology Digital Transformation Data-driven Modeling 125

CIO Business Intelligence

FEBRUARY 13, 2023

As the nature of the cloud evolves, so does the strategy in which organizations must approach these challenges. More importantly, with the cloud underpinning modern organizations’ digital businesses, a Cloud Center of Excellence ensures that your cloud management strategy is in alignment with driving business outcomes.

Strategy 138

Strategy Management Optimization Enterprise 138

IBM Big Data Hub

JANUARY 16, 2024

A finely tuned product development strategy is a holistic, cross-collaborative endeavor with the capacity to help any organization weather unforeseen events or market changes. Why is a strong product development strategy important? Consumers have access to more information than ever to compare products and brands.

Strategy 78

Strategy Cost-Benefit Testing Manufacturing 78

CIO Business Intelligence

MARCH 6, 2024

While the product team was busy doing that, my team worked with the operations functions and our strategy team to completely reimagine our front- and back-office processes and supporting applications to enable this new cloud company. What has IT’s role been in the transformation to a SaaS model?

Modeling 115

Modeling Management IT Metrics 115

CIO Business Intelligence

MAY 27, 2024

Business leaders 10 years ago mostly focused on automation since the main objective of technology investment then was to drive down costs, decrease risk, and boost efficiency. Of course, technology should still boost cost efficiencies, but it also needs to drive revenue at the same time. It’s a different world today.

IT 91

IT Strategy Risk Technology 91

IBM Big Data Hub

NOVEMBER 30, 2023

This situation increases the need for businesses to adapt their sustainability strategies to address climate change issues. By doing so, you model your energy supply to help navigate and accelerate your transition to renewable energy. What can organizations do about climate change?

Strategy 90

Strategy Insurance Risk Management 90

CIO Business Intelligence

JULY 31, 2023

They note, too, that CIOs — being top technologists within their organizations — will be running point on those concerns as companies establish their gen AI strategies. Here’s a rundown of the top 20 issues shaping gen AI strategies today. How has, say, ChatGPT hit your business model?” This is an issue for CIOs.

Strategy 98

Strategy Risk Enterprise Risk Management 98

CIO Business Intelligence

JUNE 9, 2023

But head starts don’t need to take years to make a difference, especially in the fast-moving world of technology where the window of opportunity is much shorter. In technology, hesitate, and you may not be able to catch up to your competitors. Such is the case with a data management strategy. That’s an almost 20-year head start.

Strategy 115

Strategy Management Key Performance Indicator ROI 115

CIO Business Intelligence

MARCH 9, 2022

Today’s cloud strategies revolve around two distinct poles: the “lift and shift” approach, in which applications and associated data are moved to the cloud without being redesigned; and the “cloud-first” approach, in which applications are developed or redesigned specifically for the cloud. Embrace cloud-native principles.

Strategy 145

Strategy Consulting Risk Testing 145