This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
With supply chain issues and the impending recession, digitaltransformation remains a pressing strategic imperative. However, key digitaltransformation milestones remain out of reach for far too many teams. The findings from this survey are now available in a report entitled “ 2023 Value Stream Management Trends.”
The analyst reports tell CIOs that generative AI should occupy the top slot on their digitaltransformation priorities in the coming year. Despite all that, CIOs should add generative AI initiatives to the much longer secondary list of transformation programs. Luckily, many are expanding budgets to do so. “94%
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.
Virtually every organization worth its salt is involved in digitaltransformation, and those efforts are starting to pay dividends, according to F5’s 2023 State of Application Strategy Report. The second phase entails digital expansion and IT modernization. DigitalTransformation
Digitaltransformation represented among the largest investments in technology to modernize businesses starting in the early 2000s. With the rise of generative AI, CEOs recognize an opportunity to shift from technology-led digitaltransformation to executive-led business reformation.
Once a vanguard business strategy, digitaltransformation 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.
Digitaltransformation has become an essential part of business success. According to TEKsystems’ 2023 State of DigitalTransformation , 41% of organizations’ digitaltransformation (DX) initiatives have failed to achieve their desired outcomes. That’s not digitaltransformation.
Despite the best of intentions, CIOs and their organizations often struggle to deliver business outcomes from digitaltransformation strategies. And while KPMG reports that 72% of CEOs have aggressive digital investment strategies, McKinsey details a harsh reality that 70% of transformations fail.
Equinix transparently and routinely reports on our strategic efforts and operational impacts at both an industry and customer level – earning recognition as a leader by the prestigious CDP Climate Change “A” List. Scores for A-List 2023 will be released in Q1 2024. CDP A-List is extremely prestigious.
Oman, a nation known for its rich cultural heritage and strategic geographic location, is embarking on a transformative journey to modernize its economy through significant investments in digitaltransformation. The Omani government has taken a proactive stance in driving digitaltransformation.
Ferro says he was reminded of that message throughout the year, particularly when reports of IT shortfalls made the news — like those headlines Southwest garnered as 2023 started , after its overloaded IT systems wreaked havoc on the holiday travel season. Business IT Alignment, DigitalTransformation, IT Leadership, IT Strategy
Content includes reports, documents, articles, presentations, visualizations, video, and audio representations of the insights and knowledge that have been extracted from data. The release of SAP Datasphere was launched and announced globally on March 8, 2023.
The transformation imperatives In recent years, global enterprises have gone through tectonic shifts, responding to massive changes in their societal, competitive, and geopolitical realities. These trends have had many consequences, but they’ve all served to intensify a key imperative: rapid digitaltransformation.
This demand for skilled IT workers is reflected in the rising average salaries of certain job titles as companies compete for top talent, according to data from the 2023 Dice Tech Salary Report. Here are the 10 IT roles that have earned the biggest bumps in pay for 2023, according to salary data from Dice.
Bahrain EDB As cloud adoption grows, its impact on economies and businesses is starting to show that digitaltransformation can make good on the utopian promises of innovation and improved public services. The story of success From the start, the Bahraini government’s digitaltransformation plan was comprehensive and bold.
Broadcom and Google Clouds continued commitment to solving our customers most pressing challenges stems from our joint goal to enable every organizations ability to digitallytransform through data-powered innovation with the highly secure and cyber-resilient infrastructure, platform, industry solutions and expertise.
When he’s not immersed in cybersecurity, hybrid cloud strategy, or app modernization, David Reis, CIO at the University of Miami Health System and the Miller School of Medicine, spends his time working with the board of directors and top leadership to reimagine healthcare and take the lead driving digitaltransformation.
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.
Following Broadcom’s late 2023 acquisition of VMware, numerous changes prompted customers and partners to reassess their strategies. operator of 28 hotel and casino properties across the US, was negotiating a fresh enterprise agreement with VMware prior to its acquisition, reported The Register.
DigitalTransformation 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 digitaltransformation.
Blogs Podcasts Whitepapers and Guides Tools and Calculators Webinars Sample Reports The Evolution of the CFO into the Chief Data Storyteller View Insight Now Our Favorite CFO Blogs The Venture CFO Blog Link: [link] Are you looking for blog posts for CFOs by CFOs? and digitaltransformation beyond financial management.”
Information is at the core of every business’s digitaltransformation. Intelligent information management is critical to the success of digitaltransformation initiatives like online ordering, omnichannel customer experience, remote work, and compliance mandates. Organizations are awash in information management systems.
SAP security holes raise questions about the rush to AI July 18, 2024: Cloud security firm Wiz has published a detailed report about SAP security holes, now patched, that raises alarming questions about the secondary role AI efforts are having on cybersecurity defenses. SAP to buy digital adoption specialist WalkMe for $1.5
Years into digitaltransformation, 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 2023report on digitaltransformation from fintech company Broadridge admitted they struggle to balance innovation with daily tasks.
With the increasing sophistication of cyber threats and the accelerated pace of digitaltransformation, 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.
It is estimated by the end of 2023, 31% of organizations expect to run 75% of their workloads 2 in the cloud. Building on its leadership in securing digitaltransformation, Zscaler has extended its Zero Trust Exchange platform to meet the needs of cloud workload security in multi-cloud environments.
Smarten is pleased to announce that its Smarten Augmented Analytics solution is included as a Representative Vendor in the Market Guide for Augmented Analytics Published October 2, 2023 (ID G00780764). The Smarten solution requires no data science skills, knowledge of statistical analysis or BI expertise.
On their digitaltransformation journeys over the last decade, many enterprises spent time mired in “pilot purgatory,” taking as long as years to move from concept to executing on use cases. American humorist Mark Twain once said, “History never repeats itself, but it does often rhyme.”
While 2023 brought on many changes to IT departments around the world, by far the biggest surprise was generative AI. ChaptGPT was announced in November 2022 and hit the world by surprise,” says Patrick Thompson, former chief information and digitaltransformation officer at Albemarle.
Accenture on Wednesday said it is acquiring digitaltransformation services provider Navisite in an effort to boost its cloud transformation business. billion in 2023, according to a report from Gartner. A separate report from Zacks Equity Research showed that the company spent $3.4
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, DigitalTransformation, Innovation, Machine Learning on average over the next year, somewhat lower than the projected 6.5% global inflation rate.
Chief data and analytics officers (CDAOs) are poised to be of increasing strategic importance to their organizations, but many are struggling to make headway, according to data presented last week by Gartner at the Gartner Data & Analytics Summit 2023. The mean reported budget among respondents was $5.41
As businesses digitallytransform and leverage technology such as artificial intelligence, the volume of data they rely on is increasing at an unprecedented pace. Meanwhile, F oundry’s Digital Business Research shows 38% of organizations surveyed are increasing spend on Big Data projects.
Foundry’s CIO Tech Priorities 2023 found that IT leaders are investing in technologies that provide greater efficiencies, better security, and improved end-user experience, with most actively researching or piloting projects around artificial intelligence (AI) and machine learning, data analytics, automation, and IT/OT intelligence.
The economy may be looking uncertain, but technology continues to drive the business and CIOs are investing big in 2023. The numbers are higher from Foundry’s 2023 State of CIO survey , which finds that 91% of CIOs expect their tech budgets to either increase or stay the same in 2023. in 2023, the firm says.
Rapid advancement of emerging technologies—combined with the increasing demands from customers and ongoing disruptive market forces—are driving organizations to prioritize digitaltransformation more than ever. On top of that, 68% of respondents say mainframe systems are central to their hybrid cloud strategy.
IBM has announced it is acquiring US-based digitaltransformation services provider Octo for an undisclosed amount from private equity firm Arlington Capital Partners. In the consulting line of business, which includes business transformation, technology consulting and application operations, IBM reported a total revenue of $4.7
The September Monthly Threat Intelligence Report from cybersecurity firm NCC Group delivers plenty of reasons to worry. For example, it highlighted a 153% rise in global ransomware attacks from September 2022 to September 2023. CIOs and IT staffers worked crazy hours at the start of the pandemic to digitallytransform.
billion acquisition of Hillrom, the largest in its history, to expand the company’s digital health and connected care offerings. While Love and his 3,500-person IT team were working on that integration, the company announced in January 2023 plans to spin off its acute care and renal units, which is about a third of the business.
SAP sees WalkMe as a complement to its offerings in the area of business transformation management, including previous acquisitions Signavio and LeanIX. The goal for SAP is to provide its customers with more support in their digitaltransformation. million, significantly less than in 2022, when WalkMe reported a deficit of $109.8
Asia-Pacific is ripe with opportunities for digitaltransformation, and a digital Asia-Pacific is rapidly approaching. . According to the ASEAN Development Outlook report and the Southeast Asia Digital Economy Report, by 2030, ASEAN will become the fourth-largest economy in the world. 2 in China, No.4
In August 2023, though, it took a different tack, saying it would sell Tech Foundations and its Atos brand to private investment fund EP Equity Investment rather than take it public. French digitaltransformation consultancy Onepoint bought its first stake in November 2023, and now owns 11.4% billion and €1.8
According to a Protiviti report 1 : Nearly 7 in 10 organizations believe technical debt has a high level of impact on their ability to innovate. Digitaltransformation success depends on resolving technical debt. 1 Protiviti, “ The Innovation vs. Technical Debt Tug of War ,” June, 2023 2 Foundry, 2024 State of the CIO
He worked with one insurance company that in 2023 made such a move, driven specifically by the desire to have a firm hold on its regulated data, for example. Chege, now CEO and principal consultant of DigitalTransformation Experts, says he has worked with other companies that have made similar moves.
We organize all of the trending information in your field so you don't have to. Join 42,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content