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 CIOs must be at the forefront of driving digital change, and embrace the advantages of advanced solutions,” he adds.

Cost-Benefit 142

Cost-Benefit Digital Transformation Optimization Measurement 142

CIO Business Intelligence

SEPTEMBER 26, 2024

A 2024 PwC report found that 49% of directors see cybersecurity as a significant oversight challenge ( “Overseeing cyber risk: the board’s role,” PwC, January 2024). Correlating all of these activities into a single, easy-to-read, and easy-to-understand report for board members is complicated.

Risk 131

Risk Reporting Digital Transformation Enterprise 131

AWS Big Data

OCTOBER 31, 2024

In this post, we discuss how Volkswagen Autoeuropa used Amazon DataZone to build a data marketplace based on data mesh architecture to accelerate their digital transformation. Data consumer Data consumers use data for business analytics, machine learning, AI, and business reporting.

Digital Transformation 98

Digital Transformation Metadata Manufacturing Data Quality 98

CIO Business Intelligence

JULY 22, 2024

We know upskilling and reskilling are critical to digital transformation and thriving in the future of work. Yet, despite the investments in IT training, we have a chronic skills shortage that’s causing, on average, digital transformations to fall behind by five months.

Digital Transformation 104

Digital Transformation IT Cost-Benefit Software 104

CIO Business Intelligence

DECEMBER 29, 2023

“In a world underpinned by change, it remains constant that digital transformation must be a core organizational competency,” she says. The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Snow Software’s CIO Al Pooley agrees.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

APRIL 16, 2024

The next generation of leaders in family businesses is poised to embrace the transformative power of generative AI (GenAI) despite marked resistance from the incumbent leaders, according to a PwC report.

Reporting 104

Reporting Digital Transformation Uncertainty Measurement 104

CIO Business Intelligence

JANUARY 25, 2024

In these customer engagements over recent months, I’ve seen some emerging trends that are poised to have a big impact on enterprises in 2024. Rethink Agile Within many organizations, we’re hearing reports of people feeling agile hasn’t delivered the anticipated value, along with a commensurate backlash against the approach.

Digital Transformation 125

Digital Transformation Strategy Software Management 125

CIO Business Intelligence

JANUARY 11, 2024

Accenture on Wednesday said it is acquiring digital transformation services provider Navisite in an effort to boost its cloud transformation business. billion in 2024, up from $563.6 billion in 2023, according to a report from Gartner. A separate report from Zacks Equity Research showed that the company spent $3.4

IT 113

IT Consulting Digital Transformation Manufacturing 113

CIO Business Intelligence

JULY 10, 2024

In Europe, this attitude has become law, with the Corporate Sustainability Reporting Directive (CSRD) mandating that companies disclose its Environmental, Social, and Corporate Governance (ESG) efforts in annual reports, based on European Sustainability Reporting Standards (ESRS).

Reporting 87

Reporting KPI Metrics Software 87

CIO Business Intelligence

NOVEMBER 4, 2024

“It’s going to change the relationship customers have with the company because Broadcom’s focus is on running as efficiently as possible,” said Rajiv Ramaswami, president and CEO of Nutanix, in an April 2024 episode of Bloomberg’s Tech Disruptors podcast. For us, it’s a multi-year opportunity.”

Digital Transformation 104

Digital Transformation Strategy Data Processing Forecasting 104

CIO Business Intelligence

AUGUST 15, 2024

Here is the latest SAP news and analysis: SAP partners up to make AI more practical August 15, 2024: Many companies find it difficult to incorporate AI into their business processes. SAP restructuring to impact more jobs than expected July 24, 2024: The restructuring at SAP affects almost a tenth of its workforce.

Digital Transformation 119

Digital Transformation Enterprise Software Unstructured Data 119

CIO Business Intelligence

AUGUST 13, 2024

Reporting to the CEO and a member of the company’s executive committee, my role is deep and broad — product, user experience, data, digital, tech delivery, security, network, and operations,” he says. He and his colleagues have generated more than 30 patents in the manufacturing, payments, and digital technology categories.

Technology 126

Technology Enterprise Digital Transformation IT 126

CIO Business Intelligence

NOVEMBER 14, 2024

According to the International Monetary Fund’s 2024 Global Financial Stability Report , one-fifth of all cyberattacks are against the financial sector. was formally adopted in March of 2024, increasing the number of requirements companies must meet from 370 to more than 500. For example, the council announced Version 4.0

Finance 97

Finance Digital Transformation Risk Machine Learning 97

CIO Business Intelligence

SEPTEMBER 10, 2024

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 106

Software Digital Transformation Testing Advertising 106

CIO Business Intelligence

SEPTEMBER 9, 2024

According to IDC’s Worldwide AI and Generative AI Spending Guide (August 2024) , the global AI market is expected to surge from US$235 billion in 2024 to US$632 billion by 2028. billion in 2024 to over US$110 billion by 2028.

Marketing 120

Marketing Cost-Benefit Digital Transformation Data-driven 120

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 124

Digital Transformation Risk Cost-Benefit Risk Management 124

CIO Business Intelligence

JULY 17, 2024

Pioneering digital leaders help organizations make the most out of emerging technologies, but to be successful, they must keep up with the fast pace of change and deliver the right solutions at the right time, and at the right cost. These capabilities make digital leaders well placed to lead large-scale change projects.

Digital Transformation 130

Digital Transformation Technology Cost-Benefit Insurance 130

CIO Business Intelligence

DECEMBER 5, 2023

In fact, manufacturing was one of the sectors most impacted by extortion attacks last year, according to Palo Alto Networks Unit 42, as reported in the 2023 Unit 42 Extortion and Ransomware Report. How we got here With the rise of digital transformation, we’ve seen the increased convergence of IT and OT systems.

Technology 103

Technology Strategy Manufacturing Digital Transformation 103

CIO Business Intelligence

JULY 30, 2024

The recent Freshworks Freshservice IT Service Management Benchmark Report (FBR) 2024 , which surveyed more than 9,400 organizations across 100 countries, outlines the seven essential IT service delivery KPIs . Customer Satisfaction (CSAT): Measures satisfaction with IT services.

Strategy 114

Strategy Management IT Measurement 114

CIO Business Intelligence

NOVEMBER 21, 2024

So it’s the responsibility of the CIO to not only understand emerging tech but impart the case for how specific approaches to digital and data spur growth. It doesn’t come as any surprise then that technology-related change is the second most important business priority for CEOs after growth, according to Gartner’s 2024 CEO survey.

Digital Transformation 52

Digital Transformation Technology Strategy ROI 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 109

Technology Cost-Benefit Digital Transformation Optimization 109

CIO Business Intelligence

JULY 19, 2024

In a report on enterprise resilience and IT skilling strategies , IDC predicts that by 2026, 90% of organizations worldwide will “feel the pain of the IT skills crisis,” ultimately costing businesses upwards of $5.5T Developing the skills necessary to support transformation initiatives builds business resiliency.

Strategy 114

Strategy Digital Transformation Cost-Benefit Consulting 114

CIO Business Intelligence

OCTOBER 23, 2024

In a survey of 451 senior technology executives conducted by Gartner in mid-2024, a striking 57% of CIOs reported being tasked with leading AI strategies. While some of the surveyed employees in the US, the UK, Australia, India, and China reported saving an average of 3.6

Enterprise 140

Enterprise Cost-Benefit Broadcasting Risk 140

CIO Business Intelligence

JUNE 28, 2024

Out with the old In November 2022, MDMC launched a huge digital transformation project to bring modern IT capabilities, including RFID, AR/VR, and 5G networks to the two depots. The ongoing transformation has earned MDMC a 2024 CIO 100 Award for IT leadership and innovation. We’re really going from Industry 3.0,

Digital Transformation 98

Digital Transformation Cost-Benefit Manufacturing Data-driven 98

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.

IT 117

IT Insurance Consulting Risk 117

CIO Business Intelligence

MAY 13, 2024

“We know what we’re trying to achieve, because we know the business goals and objectives,” We want to grow substantially, and we want to do that with speed,” says Bilker, whose clarity on IT’s business objectives mirror the top directives CEOs are giving their CIOs, according to the 2024 State of the CIO Study from Foundry, publisher of CIO.com.

IT 131

IT Digital Transformation ROI Strategy 131

CIO Business Intelligence

JULY 23, 2024

As a digital transformation leader and former CIO, I carry a healthy dose of paranoia. Is the organization transforming fast enough? As a CIO, I feared having an IT outage reported to me at the executive meeting that monitoring tools didn’t capture and automations failed to remediate.

Risk 142

Risk IT Risk Management Cost-Benefit 142

CIO Business Intelligence

MAY 20, 2024

Nearly half (49%) of IT leaders responding to the 2024 State of the CIO Study from Foundry, publisher of CIO.com, say they expect to play more of a strategic role in the upcoming years, with another 36% anticipating a heavy emphasis on transformational responsibilities. Other surveys offer similar findings. For Rev.io

IT 141

IT Risk Management Machine Learning Risk 141

CIO Business Intelligence

OCTOBER 24, 2024

DEX best practices, metrics, and tools are missing Nearly seven in ten (69%) leadership-level employees call DEX an essential or high priority in Ivanti’s 2024 Digital Experience Report: A CIO Call to Action , up from 61% a year ago. 60% of office workers report frustration with their tech tools.

IT 89

IT Metrics Cost-Benefit Measurement 89

CIO Business Intelligence

MAY 1, 2024

It required Brightspeed to provide information on revenue, payments, receivables, and payables using accurate, real-time numbers to support recognized revenue, revenue reported, deferred revenue and payment summaries; resolve disputes; and help with dunning – the process of regularly reminding customers that a particular bill was due.

Digital Transformation 95

Digital Transformation Data-driven Enterprise Software 95

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.

IT 99

IT Insurance Consulting Risk 99

CIO Business Intelligence

AUGUST 26, 2024

This is the first of its kind to encourage the use of digital technologies in public services to drive the country’s digital future. From governments to enterprises: transforming the digital landscape across industries According to Frost & Sullivan’s report in December 2023, Huawei Thailand ranked No.

Digital Transformation 93

Digital Transformation Manufacturing Machine Learning Measurement 93

CIO Business Intelligence

AUGUST 8, 2024

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. Digital transformation 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

Strategy 97

Strategy Digital Transformation Business Analysis Reporting 97

CIO Business Intelligence

APRIL 30, 2024

IDC forecast shows that enterprise spending (which includes GenAI software, as well as related infrastructure hardware and IT/business services), is expected to more than double in 2024 and reach $151.1 1 IDC forecasts spending on GenAI solutions will double in 2024 and grow to $151.1 over the 2023-2027 forecast period 1. over 2023 2.

Forecasting 101

Forecasting Optimization Advertising IoT 101

CIO Business Intelligence

OCTOBER 30, 2024

Quantum Metric’s position in the DXA space Building on this innovation, we’re thrilled to be recognized as a leading Digital Experience Analytics Platform by Research in Action’s 2024 Vendor Selection Matrix™.

Analytics 109

Analytics Metrics Interactive Visualization 109

CIO Business Intelligence

OCTOBER 30, 2024

Quantum Metric’s latest mobile benchmark report, “ How Mobile Performance Builds Consumer Confidence ,” unpacks the concerns consumers have, the opportunities to grow mobile conversions, and how mobile can finally take center stage in the e-commerce world. In fact, consumers are spending 20% more time browsing on their phones in 2024.

Metrics 99

Metrics Sales Strategy Reporting 99

CIO Business Intelligence

JUNE 5, 2024

The companies expect the acquisition to close in the third quarter of 2024, provided that regulators and WalkMe’s shareholders approve the deal. SAP sees WalkMe as a complement to its offerings in the area of business transformation management, including previous acquisitions Signavio and LeanIX. The bottom line was a loss of $56.8

Digital Transformation 118

Digital Transformation Software Sales Interactive 118