CIO Business Intelligence

JULY 23, 2024

As a digital transformation leader and former CIO, I carry a healthy dose of paranoia. 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. Are stakeholders struggling or unhappy?

Risk 142

Risk IT Risk Management Cost-Benefit 142

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

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. It’s a change fundamentally based on digital capabilities.

ROI 119

ROI B2B Business Objectives Digital Transformation 119

Jen Stirrup

SEPTEMBER 13, 2024

Digital transformation and climate change initiatives have similarities despite having different foci. Digital transformation focuses on integrating digital technologies into all business areas, fundamentally changing how the organisation operates and delivers value to customers. Houston, we have a problem.

Digital Transformation 98

Digital Transformation Technology Modeling Risk 98

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.”

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

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 105

IT Insurance Consulting Risk 105

CIO Business Intelligence

SEPTEMBER 26, 2024

Cybersecurity and systemic risk are two sides of the same coin. As we saw recently with the CrowdStrike outage, the interconnected nature of enterprises today brings with it great risk that can have a significant negative effect on any company’s finances. This should be no surprise since the global average cost of a data breach is $4.88

Risk 132

Risk Reporting Digital Transformation Enterprise 132

CIO Business Intelligence

JULY 10, 2024

We examine the risks of rapid GenAI implementation and explain how to manage it. These examples underscore the severe risks of data spills, brand damage, and legal issues that arise from the “move fast and break things” mentality. This is a risk that many organizations don’t consider.

Risk 111

Risk Strategy Consulting Cost-Benefit 111

CIO Business Intelligence

JANUARY 21, 2025

Gone are the days when simple firewalls and antivirus software could keep our digital assets safe. 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.

Behavioral Analytics 122

Behavioral Analytics Data-driven Risk Insurance 122

Smart Data Collective

JULY 29, 2021

The race to embrace digital transformation is on and a lot of organizations are doing everything possible to ensure they digitize every piece of information; this is, however, putting at greater risks of cyber-attacks and data breaches. Trillion by 2024 , it’s obvious that data security challenges will hit new heights.

Digital Transformation 107

Digital Transformation IoT Risk Management 107

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 111

Digital Transformation IT Cost-Benefit Software 111

CIO Business Intelligence

NOVEMBER 4, 2024

Forrester predicted 20% of VMware customers would leave in 2024 , “exhausted by significant price hikes, degrading support, and mandatory subscription.” Boyd was using VMware as our hypervisor and Nutanix’s AHV ,” said Lowe while interviewed at NEXT 2024. A few years ago, Gregg Lowe the CIO of Boyd Gaming Corp.,

IT 124

IT Forecasting Strategy Testing 124

CIO Business Intelligence

MAY 14, 2024

Nominations are now open for the 2024 awards, with all entries to be reviewed by a select and independent CIO50 Middle East judging panel which will rate each section of the questionnaire to determine the final list.

Digital Transformation 98

Digital Transformation Business Objectives Risk Management Technology 98

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. million machines worldwide, serves as a stark reminder of these risks. Assume unknown unknowns.

Risk 108

Risk Experimentation Testing Strategy 108

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. As research shows, companies and government agencies struggle to understand which assets expose them to the most risk.

Digital Transformation 124

Digital Transformation Risk Cost-Benefit Risk Management 124

CIO Business Intelligence

DECEMBER 10, 2024

To drive gen-AI top-line revenue impacts, CIOs should review their data governance priorities and consider proactive data governance and dataops practices that go beyond risk management objectives. The CIO and CMO partnership must ensure seamless system integration and data sharing, enhancing insights and decision-making.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

CIO Business Intelligence

FEBRUARY 12, 2024

SAP customers have a lot to navigate in 2024. Customers should construct their SAP system implementation partner evaluation in a manner that compels the consulting firms to demonstrate these capabilities as well as the associated risks and benefits.

Consulting 118

Consulting Cost-Benefit Strategy Modeling 118

CIO Business Intelligence

MAY 6, 2024

With the cloud being an inevitable part of enterprise digital transformation journeys, IT leaders must keep on top of the latest developments in the cloud market to better predict downstream impacts on their roadmaps. The cloud services landscape is in constant flux.

Marketing 131

Marketing Strategy IT Data Processing 131

CIO Business Intelligence

AUGUST 13, 2024

As chief digital and information officer at Honeywell Aerospace, he helped transform the company’s 10,000-plus global engineering organization and its used serviceable airline parts into a blockchain-powered digital business.

Technology 126

Technology Enterprise Digital Transformation IT 126

CIO Business Intelligence

DECEMBER 5, 2023

Why is this sector at such risk? How we got here With the rise of digital transformation, we’ve seen the increased convergence of IT and OT systems. That led to fuel shortages and price hikes.​​ There are several factors which we’ll explore in this piece. This means many systems are running older, unsupported operating systems.

Technology 105

Technology Strategy Manufacturing Digital Transformation 105

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. Risk management came in at No. For Rev.io

IT 142

IT Risk Management Machine Learning Risk 142

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 8, 2024

According to its spring 2024 AI Adoption and Risk Report , 74% of ChatGPT usage at work is through noncorporate accounts, 94% of Google Gemini usage is through noncorporate accounts, and 96% for Bard. Most organizations want to avoid shadow AI because the risks are enormous,” he says. What could go wrong?

Risk 136

Risk Strategy Technology Modeling 136

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

AWS Big Data

DECEMBER 4, 2024

This week on the keynote stages at AWS re:Invent 2024, you heard from Matt Garman, CEO, AWS, and Swami Sivasubramanian, VP of AI and Data, AWS, speak about the next generation of Amazon SageMaker , the center for all of your data, analytics, and AI. The relationship between analytics and AI is rapidly evolving.

Data Analytics 102

Data Analytics Analytics Data Lake Data Quality 102

CIO Business Intelligence

JULY 16, 2024

If you’re not yet an agent of change at your organization, your career as CIO may be at risk of falling behind. The findings align with CIO.com’s own 2024 State of the CIO survey results, which highlighted the CIO as a change maker in the business spotlight.

Digital Transformation 128

Digital Transformation Risk Consulting Technology 128

CIO Business Intelligence

SEPTEMBER 17, 2024

Brian Jackson, principal research director and lead author of the report, said, “preparedness is critical as organizations face increasing risks from ‘Harvest Now, Decrypt Later’ cyberattacks.” The most urgent among them is that quantum computing will inevitably be able to crack a majority of the encryption methods that we use today.”

Reporting 139

Reporting Digital Transformation Risk Business Intelligence 139

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

Timo Elliott

DECEMBER 10, 2024

One of the sessions I sat in at UKISUG Connect 2024 covered a real-world example of data management using a solution from Bluestonex Consulting , based on the SAP Business Technology Platform (SAP BTP). Impact of Errors : Erroneous data posed immediate risks to operations and long-term damage to customer trust.

Management 52

Management Data Governance Consulting Risk 52

CIO Business Intelligence

SEPTEMBER 13, 2024

Join us for FutureIT Toronto on September 24, 2024 — a full day dedicated to AI, data, and all things tech leadership. Whether you’re interested in “AI Resiliency,” “Governance and Risk of GenAI,” or “Next Gen Cloud Strategies,” our expert-led table topics are the perfect place to get your questions answered and exchange ideas with peers.

Broadcasting 116

Broadcasting Digital Transformation Interactive Data-driven 116

CIO Business Intelligence

SEPTEMBER 10, 2024

Studies like Foundry’s 2024 State of the CIO report reveal a dramatic change in attitude. The short tenure of many CIOs and CTOs—often three to four years—can be attributed to their inability to drive digital transformation at the necessary pace or their role as scapegoats for a lack of accountability among other executives.

IT 122

IT Risk Risk Management Predictive Modeling 122

CIO Business Intelligence

OCTOBER 15, 2024

Recommendation : CIOs should adopt a risk-informed approach, understanding business, customer, and employee impacts before setting application-specific continuous deployment strategies. Shortchanging end-user and developer experiences Many DevOps practices focus on automation, such as CI/CD and infrastructure as code.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

CIO Business Intelligence

MARCH 5, 2025

While some providers initially sought to implement radical transformation to cloud technologies, almost none have been able to replace their legacy IT. Efforts for rapid digital transformation has been additive, and the difficulty of regulating and extending those infrastructures has scaled up accordingly.

Insurance 52

Insurance Digital Transformation Risk Management Publishing 52

CIO Business Intelligence

AUGUST 13, 2024

Implement robust risk assessment and mitigation strategies encompassing automation initiatives. Implementing deep automation: A CIO’s action plan IDC’s Worldwide CEO Survey 2024 , February 2024, shows that automation technologies climbed five positions since last year to emerge as the second biggest tech spending priority for CEOs in 2024.

Data-driven 130

Data-driven Metrics Optimization Machine Learning 130

CIO Business Intelligence

MAY 14, 2024

billion in 2024, and more than double by 2027. billion in 2024 and grow to $66.4 billion in 2024, IDC’s McCarthy sees hybrid cloud infrastructure as the future for most enterprises in this area. Such private cloud solutions eliminate the risks of multitenancy data leakage, for example, a key CIO concern with AI.

IT 143

IT Data Processing Enterprise Modeling 143

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 101

Digital Transformation Cost-Benefit Manufacturing Data-driven 101

CIO Business Intelligence

JUNE 12, 2024

Following the merger, the energy company began its digital transformation by unifying the three networks under one ERP system, SAP, with plans to eventually evolve to SAP’s S/4HANA SaaS-based model. The reality is we’ve been incrementally migrating certain applications, workloads, and processes to the cloud over a number of years.

Digital Transformation 116

Digital Transformation Cost-Benefit Forecasting Metrics 116