CIO Business Intelligence

JANUARY 9, 2023

Three years ago, IT leaders were squarely focused on how to adopt fledgling AI techniques and approaches into their business models in service of digital transformations that included plans for shifting some workloads to the cloud. Inflation is a major issue for CIOs both in direct costs and labor,” Reeher says.

IT 145

IT Uncertainty Cost-Benefit Digital Transformation 145

CIO Business Intelligence

SEPTEMBER 17, 2024

Moreover, undertaking digital transformation and technology modernization programs without an architect can lead to delays, technical debt , higher costs, and security vulnerabilities. Product managers then propose digital KPIs and other metrics highlighting the business benefits delivered.

Enterprise 143

Enterprise Digital Transformation Cost-Benefit Risk 143

CIO Business Intelligence

MAY 5, 2023

That is why the omnichannel used-car retailer earned a coveted spot on the 2023 CIO 100 Award list: for its early, innovative use of a nascent AI technology that led to a spike in page views as well as higher SEO ranking and placement that drove substantial business growth. billion overall.

Digital Transformation 144

Digital Transformation Cost-Benefit Business Driver Machine Learning 144

Ontotext

DECEMBER 1, 2023

So, KGF 2023 proved to be a breath of fresh air for anyone interested in topics like data mesh and data fabric , knowledge graphs, text analysis , large language model (LLM) integrations, retrieval augmented generation (RAG), chatbots, semantic data integration , and ontology building.

Metadata 78

Metadata Sales Consulting Machine Learning 78

CIO Business Intelligence

FEBRUARY 15, 2024

In the age of digital transformation, the CIO’s role is increasingly central to business, focused on driving growth and establishing a new digital culture across the organization. But without the full support of the CEO, a CIO’s innovation and digital transformation agenda will only go so far.

Strategy 106

Strategy Digital Transformation Cost-Benefit Forecasting 106

Jet Global

JUNE 22, 2023

Some of our most popular CFO backed posts: Best CFO KPIs and Dashboards for the 2023 CFO The Remote CFO’s Guide to Closing the Books from Home Crisis Planning for the Short and Long Term: Advice from Leading CFOs Generation CFO Link: [link] Generation CFO is not interested in the traditional operational structure of corporations.

KPI 105

KPI Finance Dashboards Digital Transformation 105

CIO Business Intelligence

JUNE 6, 2024

When it’s done well, every choice is calculated, made mindfully of both its short- and long-run impacts, and of the delicate balance in which it must hold certain key variables — cost, productivity, digital maturity, and the potential to build capabilities that last. Among such leaders is Barry Perkins.

Strategy 111

Strategy IT Cost-Benefit Digital Transformation 111

CIO Business Intelligence

MARCH 23, 2023

of its workforce, over the next 18 months to reduce costs amid uncertain macroeconomic conditions. The job cuts reflect stabilizing demand, following explosive post-pandemic growth, and prudent cost management, according to Ignacio Rasero, vice president for Moody’s Investors Service. billion to $16.7

Uncertainty 88

Uncertainty Cost-Benefit Consulting Digital Transformation 88

CIO Business Intelligence

JULY 22, 2024

IT leader and former CIO Stanley Mwangi Chege has heard executives complain for years about cloud deployments, citing rapidly escalating costs and data privacy challenges as top reasons for their frustrations. They, too, were motivated by data privacy issues, cost considerations, compliance concerns, and latency issues.

Optimization 119

Optimization Strategy IT Cost-Benefit 119

Cloudera

JANUARY 5, 2023

In the past year, businesses who doubled down on digital transformation during the pandemic saw their efforts coming to fruition in the form of cost savings and more streamlined data management. However, a significant amount of this spend is wasted as organizations struggle to optimize costs effectively. .

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

CIO Business Intelligence

NOVEMBER 8, 2023

It is estimated by the end of 2023, 31% of organizations expect to run 75% of their workloads 2 in the cloud. 1 The rapid migration to the public cloud comes with numerous benefits, such as scalability, cost-efficiency, and enhanced collaboration. 6 On top of that, the average cost of a data breach is over $4.4

Cost-Benefit 126

Cost-Benefit Risk Digital Transformation Reporting 126

CIO Business Intelligence

MARCH 6, 2024

Manufacturing in particular has become a bigger target for bad actors; in fact, it was one of the sectors most impacted by extortion attacks, according to Palo Alto Networks’ 2023 Unit 42 Extortion and Ransomware Report. While time is of the essence for companies in this transformation process, cybersecurity must not be an afterthought.

ROI 118

ROI Manufacturing Cost-Benefit IoT 118

CIO Business Intelligence

SEPTEMBER 13, 2023

Years into digital transformation, and decades into the IT function itself, many CIOs still fall short when it comes to innovation. Indeed, 50% of C-suite execs surveyed for a 2023 report on digital transformation from fintech company Broadridge admitted they struggle to balance innovation with daily tasks.

IT 132

IT Digital Transformation Risk Cost-Benefit 132

CIO Business Intelligence

NOVEMBER 28, 2023

An exclusive survey of 207 companies conducted by Foundry for Palo Alto Networks and Accenture across North America, the UK, Germany, and France, revealed that boosting IT and data security was their top priority for 2023. The report found that only 25% regard their digital transformation program as advanced.

Management 98

Management Cost-Benefit Enterprise Digital Transformation 98

CIO Business Intelligence

NOVEMBER 8, 2023

in September, 2023, the price pressures facing IT have persisted. The technology talent gap continues to inflate labor costs, too, despite big layoffs in high tech, CIOs say, and they’ve seen double-digit increases in SaaS and cloud costs over the last two years. in June, 2022, to 3.7% Here’s how.

IT 120

IT Cost-Benefit Digital Transformation Software 120

CIO Business Intelligence

FEBRUARY 16, 2024

For most organizations, a shift to the cloud brings scalability, access to innovative tools, and the possibility of cost savings. When you’re introducing many new applications, the ease of getting them up and running and lowered costs [on the cloud] is tremendously beneficial,” he says. An early partner of Amazon, the Roseburg, N.J.-based

Digital Transformation 108

Digital Transformation Experimentation Cost-Benefit Machine Learning 108

CIO Business Intelligence

MAY 8, 2024

For Expion Health, a cumbersome manual process to determine what rates to quote to potential new customers had become a cap on the healthcare cost management firm’s ability to grow its business. Expion hasn’t yet calculated the potential new business created, but the tool will save the company the cost of about 1.5 data analyst FTEs.

IT 91

IT Insurance Cost-Benefit Unstructured Data 91

CIO Business Intelligence

SEPTEMBER 24, 2024

IDC Quick Poll, September 2023 From CIO to CAIO Wiedenbeck took on the CAIO’s role at Ameritas in January, shifting from his position as CIO and making room for another executive to take the CIO’s reins. Like unit cost reduction, the agentic AI work is focused on efficiency and productivity.

IT 108

IT Insurance Cost-Benefit Risk 108

CIO Business Intelligence

JULY 5, 2024

The ability to rent hospital beds gives healthcare organizations added flexibility and scalability when caring for patients, but those benefits can be lost when the process for ordering them is less than ideal. Healthcare providers are embracing cloud services to support digital transformation (28%), No.

Machine Learning 89

Machine Learning Digital Transformation Cost-Benefit Consulting 89

CIO Business Intelligence

JANUARY 16, 2023

Choice Hotels International’s early and big bet on the cloud has allowed it to glean the many benefits of its digital transformation and devote more energies to a key corporate value — sustainability, its CIO maintains. It also helped reduce energy consumption and costs.

Cost-Benefit 136

Cost-Benefit Digital Transformation Data Warehouse Data-driven 136

CIO Business Intelligence

MARCH 5, 2024

So after two years of transformation, Elfering is striking a positive balance. Today, we have effective, cost-effective IT,” he says. “We With the transformation in one big step, IT at Elfering is also more flexible and transparent. IT transformation is a people job,” he says. We can react faster.”

IT 99

IT Digital Transformation Cost-Benefit Strategy 99

CIO Business Intelligence

NOVEMBER 17, 2023

Managed service provider business model Managed service providers structure their business to offer technology services cheaper than what it would cost an enterprise to perform the work itself, at a higher level of quality, and with more flexibility and scalability. Similarly, adding capacity during temporary business surges can be difficult.

Management 125

Management IT IoT Cost-Benefit 125

CIO Business Intelligence

FEBRUARY 29, 2024

Everest Group, which monitors 8,500 captive centers around the world, counted 452 new setups in 2023. Captive centers are no longer just means of value creation, providing cost savings and driving process standardization. The upside of captives today Some benefits of captive centers are the same as ever.

Cost-Benefit 106

Cost-Benefit Risk Modeling Strategy 106

CIO Business Intelligence

SEPTEMBER 1, 2023

based semiconductor giant opted to implement SDN within its chip-making facilities for the scalability, availability, and security benefits it delivers. Intel’s core partner on the SDN project is confident the benefits will continue to have a sizable benefit — even for a company of Intel’s size.

Manufacturing 125

Manufacturing IT Cost-Benefit IoT 125

CIO Business Intelligence

DECEMBER 11, 2023

The SAP Build Process Automation project helped us to achieve our reduced cost and increased efficiency annual target,” says Xiangyi Bao, CGA president. More than 35 million yuan (nearly $5 million) has been saved annually in labor costs. Digital Transformation Makes one’s head spin, doesn’t it? Problem solved.

Manufacturing 92

Manufacturing Cost-Benefit Sales Digital Transformation 92

CIO Business Intelligence

AUGUST 13, 2024

Indeed, according to the 2023 survey (September 2023), 71.1% Here are some key hurdles and strategies to overcome them: Foster an automation culture by involving employees early and showcasing benefits. He also helps organizations thrive with AI, data excellence, and strategic architecture in today’s digital landscape.

Data-driven 108

Data-driven Metrics Optimization Deep Learning 108

CIO Business Intelligence

MAY 28, 2024

To take its digital transformation to new heights, Sun Country Airlines didn’t just take a tip from the big carriers. It hired away one of their seasoned digital tech execs to be its CIO. Sun Country Airlines has elevated its customer service since hiring an experienced CIO from United Airlines in early 2023.

IT 52

IT Digital Transformation Cost-Benefit Data Lake 52

CIO Business Intelligence

OCTOBER 15, 2024

But continuous deployment isn’t always appropriate for your business , stakeholders don’t always understand the costs of implementing robust continuous testing , and end-users don’t always tolerate frequent app deployments during peak usage. Platform engineering is one approach for creating standards and reinforcing key principles.

Enterprise 137

Enterprise Testing Business Objectives Experimentation 137

CIO Business Intelligence

DECEMBER 29, 2023

With the merging of operational efficiency and embracing new technologies, today’s CIOs are under increasing pressure to do more with less and become both technologists and business leaders, says Sunny Azadeh, CIO at digital services company GlobalLogic. “In

Cost-Benefit 130

Cost-Benefit Digital Transformation Consulting Strategy 130

CIO Business Intelligence

JANUARY 22, 2024

In turn, threat actors have continued to exploit the vulnerabilities companies exposed themselves to, including those publicly identified, in keeping pace with rapid digital transformation efforts. McKinsey & Company estimates that the annual increase of costs related to cybercrime will reach $10.5

Digital Transformation 116

Digital Transformation Risk Cost-Benefit Risk Management 116

CIO Business Intelligence

APRIL 11, 2024

In 2023, nearly one-third of U.S. Because AI can crunch down and produce actionable data in seconds to significantly improve operational efficiency, cost optimization, service delivery, and compliance. What are the business benefits of innovation in government? Digital Transformation

Cost-Benefit 89

Cost-Benefit Predictive Analytics Data-driven Risk 89

CIO Business Intelligence

JULY 6, 2023

One thing is for sure – meeting ESG goals can drive value if it can be done consistently, with automation and minimal costs. Automation, integration and consistency make it flow By the end of 2023, companies in Germany with more than 3,000 employees must have implemented the due diligence obligations under SCDDA.

Cost-Benefit 69

Cost-Benefit Risk Digital Transformation Risk Management 69

IBM Big Data Hub

MAY 17, 2024

” Given the statistics—82% of surveyed respondents in a 2023 Statista study cited managing cloud spend as a significant challenge—it’s a legitimate concern. An examination of cloud capabilities and maturity is a key component of this digital transformation and cloud adoption presents tremendous upside.

Modeling 96

Modeling Cost-Benefit Optimization Digital Transformation 96

CIO Business Intelligence

FEBRUARY 17, 2023

In fact, the 150-year-old OEM used the business slowdown to develop its digital transformation strategy to reinvent itself internally and grow the internal value of the company, as well as the external value it provides its customers, says Mike Lee, senior vice president and CIO of Konica Minolta Business Solutions USA.

Digital Transformation 105

Digital Transformation IoT Manufacturing Sales 105

IBM Big Data Hub

NOVEMBER 30, 2023

The cyberthreat landscape is evolving and countries such as India are facing an alarming rate of increase in cyberattacks ( Q2 of 2023 saw a 90% increase ). Driven by accelerated hybrid cloud adoption and digital transformation efforts, the region is currently a beacon of innovation and a battleground for cyberthreats.

Cost-Benefit 65

Cost-Benefit Digital Transformation Data-driven Dashboards 65

CIO Business Intelligence

SEPTEMBER 25, 2023

Its challenge was not the typical digital transformation from within, which was already under way at the time, but a shift of its product offerings from industrial control hardware to software-as-a-service priced with a subscription-based maintenance model its customers were adopting with other partners.

Modeling 98

Modeling Manufacturing Digital Transformation Cost-Benefit 98

CIO Business Intelligence

AUGUST 2, 2023

Benefits of composable architecture Embracing a composable architecture empowers your business to compose building blocks with unparalleled flexibility, opening doors to new opportunities for innovation. The industry shift toward composability As the digital landscape rapidly evolves, businesses are reevaluating their system architectures.

Cost-Benefit 85

Cost-Benefit Experimentation Digital Transformation Optimization 85