Remove 2022 Remove Digital Transformation Remove Risk
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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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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.

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Reporting cybersecurity posture and systemic risk to the board

CIO Business Intelligence

Cybersecurity and systemic risk are two sides of the same coin. As we saw recently with the CrowdStrike outage, the interconnected nature of enterprises today brings with it great risk that can have a significant negative effect on any company’s finances. This should be no surprise since the global average cost of a data breach is $4.88

Risk 132
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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.

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5 IT risks CIOs should be paranoid about

CIO Business Intelligence

As a digital transformation leader and former CIO, I carry a healthy dose of paranoia. Call it survival instincts: Risks that can disrupt an organization from staying true to its mission and accomplishing its goals must constantly be surfaced, assessed, and either mitigated or managed. Are stakeholders struggling or unhappy?

Risk 142
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Skills the Irish Government CIO uses to advance digital transformation

CIO Business Intelligence

Because the Irish government was set up as several legal entities, each with its own data structures and ways of working, a change in the law was needed to advance digital transformation. Knowing that cloud would be a vital component in digital transformation, he wanted to lower barriers to adoption when the model made sense.