Remove 2022 Remove Data-driven Remove Digital Transformation
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Banks bet on AI to deliver digital efficiencies

CIO Business Intelligence

As the study’s authors explain, these results underline a clear trend toward more personalized services, data-driven decision-making, and agile processes. Even beyond customer contact, bankers see generative AI as a key transformative technology for their company. Among laggards, only 70% think so.

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3 force multipliers for digital transformation

CIO Business Intelligence

While digital initiatives and talent are the board directors’ top strategic business priorities in 2023-2024, IT spending is forecasted to grow by only 2.4% Tech companies have laid off over 250 thousand employees since 2022, and 93% of CEOs report preparing for a US recession over the next 12 to 18 months.

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What is digital transformation? A necessary disruption

CIO Business Intelligence

Once a vanguard business strategy, digital transformation has become a perennial objective for business survival. Most CEOs (72%) continue to prioritize digital investments, according to the 2022 CEO Outlook report from KPMG, in part due to concerns about emerging and disruptive technology, a top three risk to organizational growth.

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Accelerating digital transformation with sustainable solutions

CIO Business Intelligence

Equinix has +22,760 volunteered community service hours to over 1,700 nonprofits in 2022. Equinix has raised +$2 million in employee donations, corporate matching, and grants in 2022. This partnership is paving the way for innovation in infrastructure, the cloud market, and digital transformation.

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10 digital transformation questions every CIO must answer

CIO Business Intelligence

Digital transformation has become an essential part of business success. According to TEKsystems’ 2023 State of Digital Transformation , 41% of organizations’ digital transformation (DX) initiatives have failed to achieve their desired outcomes. That’s not digital transformation.

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5 Ways Where Data-Driven Analytics Reshaped The Software Industry

Smart Data Collective

Thanks to the rapid digital transformation , the software industry is one of the fastest-growing industries globally. Data analytics helps to determine the success of the business. Digital technology has helped almost every industry. Most of these businesses rely on data to provide the best customer experience.

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Digital transformation – from mainframes to the ‘deeply digital’ organisation

CIO Business Intelligence

The next generation of successful organisations will be the ones that embrace the potential of digital transformation, or so it has been said with increasing frequency in the last decade. Digital transformation, then, is a term that reflects the new operational reality for every organisation.