Remove 2023 Remove Digital Transformation Remove Metrics Remove Reporting
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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 surefire ways to derail a digital transformation (without knowing it)

CIO Business Intelligence

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.

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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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10 AI strategy questions every CIO must answer

CIO Business Intelligence

The 2024 Enterprise AI Readiness Radar report from Infosys , a digital services and consulting firm, found that only 2% of companies were fully prepared to implement AI at scale and that, despite the hype , AI is three to five years away from becoming a reality for most firms. What ROI will AI deliver?

Strategy 141
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Unlocking the potential of generative AI in the software development life cycle

CIO Business Intelligence

Digital Transformation is critical to modern enterprises, yet creating it remains inefficient. Nearly half of C-suite respondents report that over 30% of tech projects are late or over budget, with one in five dissatisfied with most outcomes. Generative AI is poised to redefine software creation and digital transformation.

Software 124
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How resilient CIOs future-proof to mitigate risks

CIO Business Intelligence

With the increasing sophistication of cyber threats and the accelerated pace of digital transformation, organizations must be more proactive in identifying and mitigating risks. To his point, Sonatypes 10th Annual State of the Software Supply Chain Report found a 156% increase in malicious packages year-over-year.

Risk 105
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Why CIOs should invest in digital through economic headwinds

CIO Business Intelligence

But released the next day, the 2023 Gartner CIO and Technology Executive Survey revealed that EMEA-based CIOs expect IT budgets to increase 4.4% Artificial Intelligence, Digital Transformation, Innovation, Machine Learning on average over the next year, somewhat lower than the projected 6.5% global inflation rate.