CIO Business Intelligence

JULY 23, 2024

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. While security risks are daunting, therapists remind us to avoid overly stressing out in areas outside our control.

Risk 142

Risk IT Risk Management Cost-Benefit 142

CIO Business Intelligence

JANUARY 5, 2025

Research from Gartner, for example, shows that approximately 30% of generative AI (GenAI) will not make it past the proof-of-concept phase by the end of 2025, due to factors including poor data quality, inadequate risk controls, and escalating costs. [1] 4] On their own AI and GenAI can deliver value.

Enterprise 124

Enterprise Cost-Benefit Unstructured Data Data Quality 124

CIO Business Intelligence

MARCH 4, 2025

As a business executive who has led ventures in areas such as space technology or data security and helped bridge research and industry, Ive seen first-hand how rapidly deep tech is moving from the lab into the heart of business strategy. The takeaway is clear: embrace deep tech now, or risk being left behind by those who do.

Technology 118

Technology ROI Cost-Benefit Manufacturing 118

CIO Business Intelligence

JANUARY 21, 2025

For instance, in 2024, a troubling trend emerged where hackers used AI-powered tools to create highly convincing deepfakes, impersonating CEOs and other C-suite executives in 75% of such attacks. AI systems can analyze vast amounts of data in real time, identifying potential threats with speed and accuracy.

Behavioral Analytics 122

Behavioral Analytics Data-driven Risk Insurance 122

CIO Business Intelligence

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. Simultaneously, major decisions were made to unify the company’s data and analytics platform.

IT 122

IT Insurance Consulting Risk 122

CIO Business Intelligence

DECEMBER 10, 2024

Still, CIOs have reason to drive AI capabilities and employee adoption, as only 16% of companies are reinvention ready with fully modernized data foundations and end-to-end platform integration to support automation across most business processes, according to Accenture. These reinvention-ready organizations have 2.5

Sales 143

Sales Metrics Data-driven Unstructured Data 143

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

Infor’s Embedded Experiences allows users to create first drafts of text for specific business purposes and summarize insights as well as quickly analyze and interact with data. And its GenAI knowledge hub uses retrieval-augmented generation to provide immediate access to knowledge, potentially from multiple data sources.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

CIO Business Intelligence

DECEMBER 19, 2023

After all, every department is pressured to drive efficiencies and is clamoring for automation, data capabilities, and improvements in employee experiences, some of which could be addressed with generative AI. As every CIO can attest, the aggregate demand for IT and data capabilities is straining their IT leadership teams.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

CIO Business Intelligence

JANUARY 8, 2024

Gain stronger control over data Jae Evans, global CIO and executive vice president at Oracle, is planning to prioritize data control in 2024, and CIOs across industries would be wise to follow suit. “As As a large enterprise, we have vast amounts of data from disparate sources,” she says.

Cost-Benefit 142

Cost-Benefit Digital Transformation Optimization Measurement 142

CIO Business Intelligence

MARCH 5, 2025

According to a recent survey by Foundry , nearly all respondents (97%) reported that their organization is impacted by digital friction, defined as the unnecessary effort an employee must exert to use data or technology for work. AI-driven asset information management will play a critical role in that final push toward zero incidents.

Management 86

Management Data-driven Cost-Benefit Risk 86

CIO Business Intelligence

DECEMBER 29, 2023

The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Here, we detail those and others that comprise eight of the top priorities for CIOs in 2024. Among the various strategies at our disposal, automation stands out as a pivotal solution,” she says. “In

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

NOVEMBER 18, 2024

The Global Banking Benchmark Study 2024 , which surveyed more than 1,000 executives from the banking sector worldwide, found that almost a third (32%) of banks’ budgets for customer experience transformation is now spent on AI, machine learning, and generative AI. Among laggards, only 70% think so.

Digital Transformation 141

Digital Transformation Consulting Cost-Benefit Marketing 141

CIO Business Intelligence

JULY 10, 2024

CIOs are under pressure to integrate generative AI into business operations and products, often driven by the demand to meet business and board expectations swiftly. We examine the risks of rapid GenAI implementation and explain how to manage it. Samsung employees leaked proprietary data to ChatGPT.

Risk 111

Risk Strategy Consulting Cost-Benefit 111

CIO Business Intelligence

JANUARY 9, 2025

In 2024, squeezed by the rising cost of living, inflationary impact, and interest rates, they are now grappling with declining consumer spending and confidence. It demands a robust foundation of consistent, high-quality data across all retail channels and systems. But 2025 and 2026 will bear good news, according to Deloitte.

B2B 105

B2B Cost-Benefit Data-driven Sales 105

CIO Business Intelligence

MARCH 31, 2025

The 2024 Security Priorities study shows that for 72% of IT and security decision makers, their roles have expanded to accommodate new challenges, with Risk management, Securing AI-enabled technology and emerging technologies being added to their plate. Regular engagement with the board and business leaders ensures risk visibility.

Data-driven 71

Data-driven Risk Risk Management Metrics 71

CIO Business Intelligence

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. Simultaneously, major decisions were made to unify the company’s data and analytics platform.

IT 105

IT Insurance Consulting Risk 105

CIO Business Intelligence

NOVEMBER 4, 2024

The Cybersecurity Maturity Model Certification (CMMC) serves a vital purpose in that it protects the Department of Defense’s data. This often resulted in lengthy manual assessments, which only increased the risk of human error.” To address compliance fatigue, Camelot began work on its AI wizard in 2023.

Dashboards 115

Dashboards Risk Risk Management Data-driven 115

Smart Data Collective

JUNE 27, 2022

Data-driven businesses are far more successful than companies that don’t utilize data to their advantage. Unfortunately, they often find that managing their data effectively can be a challenge. Companies that rely on big data need a reliable IT department. Keep reading to learn how to do this.

Data-driven 122

Data-driven Management IT Big Data 122

CIO Business Intelligence

FEBRUARY 26, 2025

And in an October Gartner report, 33% of enterprise software applications will include agentic AI by 2033, up from less than 1% in 2024, enabling 15% of day-to-day work decisions to be made autonomously. Having clean and quality data is the most important part of the job, says Kotovets. Infrastructure modernization In December, Tray.ai

IT 141

IT Enterprise Interactive Data Quality 141

CIO Business Intelligence

DECEMBER 20, 2024

As concerns about AI security, risk, and compliance continue to escalate, practical solutions remain elusive. as AI adoption and risk increases, its time to understand why sweating the small and not-so-small stuff matters and where we go from here. The latter issue, data protection, touches every company.

Risk 105

Risk Measurement Modeling Interactive 105

CIO Business Intelligence

NOVEMBER 14, 2024

Migration to the cloud, data valorization, and development of e-commerce are areas where rubber sole manufacturer Vibram has transformed its business as it opens up to new markets. Data is the heart of our business, and its centralization has been fundamental for the group,” says Emmelibri CIO Luca Paleari.

ROI 119

ROI B2B Business Objectives Digital Transformation 119

CIO Business Intelligence

OCTOBER 25, 2023

Our recent data analysis of AI/ML trends and usage confirms this: enterprises across industries have substantially increased their use of generative AI, across many kinds of AI tools. What can enterprises learn from these trends, and what future enterprise developments can we expect around generative AI?

Enterprise 133

Enterprise Manufacturing Risk Data-driven 133

CIO Business Intelligence

NOVEMBER 4, 2024

AI allows organizations to use growing data more effectively , a fact recognized by the entire leadership team. Langer believes CIOs should seize this opportunity to inform leadership about AI-driven possibilities. As a support technology, AI works on data that is dependable, proven, and secure,” says Langer.

Business Driver 111

Business Driver Advertising Data-driven Modeling 111

CIO Business Intelligence

JANUARY 18, 2024

By all accounts, 2024 will be a good year on the CIO hiring front. 2024 seems to be trending higher for CIO demand,” Licciardello says. Between the clients that he works with, and the recruiters that try to lure him directly, Licciardello says he has some clear thoughts on what organizations are looking for in a CIO hire in 2024.

IT 126

IT Data-driven Marketing Technology 126

CIO Business Intelligence

OCTOBER 17, 2024

] Forty-one percent of organizations adopted and used digital platforms for all or most functions in 2024, compared with just 26% in 2023, according to IDC’s May 2024 Future Enterprise Resiliency and Spending Survey, Wave 5.

Risk 108

Risk Experimentation Testing Strategy 108

CIO Business Intelligence

MAY 29, 2024

A rise in VC funding VC funding for cybersecurity startups, especially those utilizing AI/ML, grew again in the first quarter of 2024. Enterprises are investing significant budget dollars in AI startups focused on threat detection, identity verification and management, cloud/data security, and deception security.

Machine Learning 133

Machine Learning Enterprise Data-driven Modeling 133

AWS Big Data

MAY 31, 2024

We’re thrilled to announce that AWS has been named a Leader in the IDC MarketScape: Worldwide Analytic Stream Processing Software 2024 Vendor Assessment (doc #US51053123, March 2024). There are no servers and clusters to manage, and there is no compute and storage infrastructure to set up. You pay only for the resources you use.

Software 109

Software Analytics Cost-Benefit Data-driven 109

CIO Business Intelligence

DECEMBER 9, 2024

Large language models (LLMs) are very good at spotting patterns in data of all types, and then creating artefacts in response to user prompts that match these patterns. Assuming a technology can capture these risks will fail like many knowledge management solutions did in the 90s by trying to achieve the impossible.

Enterprise 116

Enterprise ROI Cost-Benefit Measurement 116

CIO Business Intelligence

MARCH 21, 2022

It’s especially poignant when we consider the extent to which financial data can steer business strategy for the better. This is the impact of data-driven financial analysis – or what is termed FP&A – in the business context. billion is lost to low-value, manual data processing and management while $1.7

Data-driven 116

Data-driven IT Finance Forecasting 116

CIO Business Intelligence

JANUARY 10, 2025

The report underscores a growing commitment to AI-driven innovation, with 67% of business leaders predicting that gen AI will transform their organizations by 2025. The data also shows growing momentum around AI agents, with over half of organizations exploring their use.

ROI 81

ROI Enterprise Broadcasting Metrics 81

CIO Business Intelligence

NOVEMBER 14, 2024

Challenge: Consumers want to shop on their own terms Recent research shows that 77% of consumers today buy through a mix of digital and physical shopping, while just 17% buy only online or only in physical stores (IDC Retail Insights: Consumer Sentiment Survey, 2024 — Findings and Implications, July 2024). IDC, June 2024).

IT 64

IT Cost-Benefit Manufacturing Sales 64

IBM Big Data Hub

FEBRUARY 7, 2024

In 2024, sustainability is taking center stage. These efforts are often driven by stakeholder expectations, regulatory requirements and the recognition that sustainable business practices can improve the bottom line. Businesses, governments and individuals now see sustainability as a global imperative.

Reporting 88

Reporting Internet of Things Cost-Benefit Data-driven 88

CIO Business Intelligence

NOVEMBER 19, 2024

The next phase of this transformation requires an intelligent data infrastructure that can bring AI closer to enterprise data. The challenges of integrating data with AI workflows When I speak with our customers, the challenges they talk about involve integrating their data and their enterprise AI workflows.

Management 116

Management Unstructured Data Deep Learning Metadata 116

CIO Business Intelligence

MARCH 19, 2025

As regulatory scrutiny, investor expectations, and consumer demand for environmental, social and governance (ESG) accountability intensify, organizations must leverage data to drive their sustainability initiatives. However, embedding ESG into an enterprise data strategy doesnt have to start as a C-suite directive.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

JUNE 3, 2024

However, amidst the allure of newfound technology lies a profound duality—the stark contrast between the benefits of AI-driven software development and the formidable security risks it introduces. AI-powered applications are vast and varied, but with them also comes significant risk. So, how can an organization defend itself?

Testing 124

Testing Risk Data-driven Cost-Benefit 124

CIO Business Intelligence

DECEMBER 17, 2024

In IDCs April 2024 CIO Poll Survey of 105 senior IT professionals and CIOs, developing better IT governance and enterprise architecture emerged as one of the top priorities for 2024, ranking fourth. It is fundamental for AI and essential for reducing cybersecurity risks or streamlining cloud migration processes, among other things.

IT 52

IT Metrics Key Performance Indicator Risk 52

CIO Business Intelligence

JULY 2, 2024

Embrace the future-proofing imperative Eighty-three percent of IT leaders and 88% of LOB leaders expect full-year spending in 2024 to be higher or in line with original 2024 budgets despite inflation and potential recession concerns, according to IDC’s Future Enterprise Resiliency and Spending Survey, Wave 3 (March 2024).

Technology 111

Technology Cost-Benefit Digital Transformation Optimization 111