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]

Enterprise 124

Enterprise Cost-Benefit Unstructured Data Data Quality 124

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

JANUARY 21, 2025

The challenge of ROI in innovation The same IDC survey reveals that 58% of IT executives anticipate higher IT spending in 2025 compared with 2024. Optimize existing infrastructure: Evaluate whether current IT systems can support new projects before pursuing upgrades. million in 2025 to $7.45 million in 2025 to $7.45

Cost-Benefit 98

Cost-Benefit ROI Measurement Strategy 98

CIO Business Intelligence

DECEMBER 19, 2024

The power of AI operations (AIOps) and ServiceOps, including BMC Helix Discovery , can transform how you optimize IT operations (ITOps), change management, and service delivery. New migrations and continuous features were being deployed, and the team was unable to prioritize process optimization and noise reduction efforts.

IT 98

IT Insurance Cost-Benefit Optimization 98

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

Also center stage were Infor’s advances in artificial intelligence and process mining as well as its environmental, social and governance application and supply chain optimization enhancements. Optimize workflows by redesigning processes based on data-driven insights. The average expected spend for 2024 is 3.7%

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

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

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’s a full-fledged platform … pre-engineered with the governance we needed, and cost-optimized.

IT 122

IT Insurance Consulting Risk 122

CIO Business Intelligence

DECEMBER 19, 2023

Third, in the CDO Agenda: 2024: Navigating Data and Generative AI Frontiers , 57% of respondents haven’t changed their data environments to support generative AI. In the SANS 2023 DevSecOps Survey , less than 22% of respondents patched and resolved critical security risks and vulnerabilities in under two days.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

CIO Business Intelligence

APRIL 10, 2025

More than 90% of IT leaders, in fact, expected their 2025 budgets to increase when surveyed in 2024. The goal is to give such leaders widespread visibility into planning, benchmarking, and optimization of their IT investments, according to the TBM Council. While many organizations swear by TBM, the practice also has its detractors.

ROI 96

ROI Optimization Risk Management Forecasting 96

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’s a full-fledged platform … pre-engineered with the governance we needed, and cost-optimized.

IT 105

IT Insurance Consulting Risk 105

CIO Business Intelligence

JUNE 21, 2024

2024 is rapidly shaping up to be a defining year in generative AI. INE Security , a leading global cybersecurity training and cybersecurity certification provider, predicts large language model (LLM) applications like chatbots and AI-drive virtual assistants will be at particular risk. “AI

Optimization 122

Optimization Gap analysis Strategy Data-driven 122

CIO Business Intelligence

JULY 22, 2024

Cloud repatriation: A consistent practice borne of common concerns According to IDC’s June 2024 report “ Assessing the Scale of Workload Repatriation ,” about 80% of respondents “expected to see some level of repatriation of compute and storage resources in the next 12 months.” a private cloud). That isn’t always the case.

Optimization 128

Optimization Strategy IT Cost-Benefit 128

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

JANUARY 10, 2025

Currently, 51% of organizations are exploring their potential to optimize administrative tasks (60%), customer service (54%), and business content creation (53%). Despite the challenges, there is optimism about driving greater adoption. Profitability remains a close second, surging from 35% in early 2024 to 73% by years end.

ROI 81

ROI Enterprise Broadcasting Metrics 81

CIO Business Intelligence

OCTOBER 25, 2023

Between our research and dozens of conversations with customers and partners, there are a number of trends that we can expect to see this year, in 2024, and onward. In all likelihood, we will see other industries take their lead to ensure that enterprises can minimize the risks associated with AI and ML tools.

Enterprise 133

Enterprise Manufacturing Risk Data-driven 133

CIO Business Intelligence

MARCH 4, 2025

Credit: The Business Impact of Downtime Across Operational Segments , IDC, September 2024; IDC IT/OT Convergence Survey, August 2024, n = 1,041 When ransomware strikes (a disaster almost all technology leaders will experience), the disruption can last for days or even weeks. See also: How resilient CIOs future-proof to mitigate risks.)

Testing 64

Testing Risk Consulting Risk Management 64

CIO Business Intelligence

MARCH 11, 2024

Although there are signs of general economic recovery including lower inflation & interest rates and higher growth as we navigate early 2024, there’s little evidence to suggest that buyers will suddenly return to their old ways. A generic CRM might manage leads, but can it optimize industry pricing? Here are three key reasons: 1.

Manufacturing 106

Manufacturing Cost-Benefit Finance Marketing 106

CIO Business Intelligence

APRIL 15, 2024

Nimesh Mehta, SVP and chief information and strategy officer, National Life Group National Life Group The 2024 State of CIO research clearly depicts a more prominent, business-centric role for IT leadership. “For CIOs, understanding the business is table stakes — now we’re expected to change the business, not just technology.”

Digital Transformation 130

Digital Transformation Strategy Technology Enterprise 130

IBM Big Data Hub

JANUARY 9, 2024

In 2024, the initial cultural fascination with early generative AI yields tangible business results. Using insights from extensive collaborations with customers and partners in more than 25 countries, we’re excited to share well-informed predictions and emerging trends for 2024. trillion and 4.4

Data-driven 100

Data-driven Risk Marketing Modeling 100

CIO Business Intelligence

NOVEMBER 19, 2024

As the next generation of AI training and fine-tuning workloads takes shape, limits to existing infrastructure will risk slowing innovation. At the same time, optimizing nonstorage resource usage, such as maximizing GPU usage, is critical for cost-effective AI operations, because underused resources can result in increased expenses.

Management 116

Management Unstructured Data Deep Learning Metadata 116

CIO Business Intelligence

APRIL 15, 2024

On April 23, 2024, CIO + IDC host FutureIT Toronto. Whether you’re exploring governance and risk in Gen AI or learning about best practices to optimize your cloud strategy, these discussions are designed to spark meaningful conversations and drive actionable insights. Why attend FutureIT Toronto ? Can’t make it in person?

Data Processing 111

Data Processing Consulting Sales Technology 111

CIO Business Intelligence

MARCH 5, 2025

Top impacts of digital friction included: increased costs (41%)increased frustration while conducting work (34%) increased security risk (31%) decreased efficiency (30%) lack of data for quality decision-making (30%) are top impacts. But organizations within the energy industry are in an especially precarious situation.

Management 86

Management Data-driven Cost-Benefit Risk 86

David Menninger's Analyst Perspectives

OCTOBER 15, 2024

Waiting too long to start means risking having to play catch-up. AI-enabling on-premises software is preferable where there is some combination of incurring less disruption to operations, faster time to value, lower risk of failure and lower total cost of ownership relative to migrating to the cloud.

Cost-Benefit 204

Cost-Benefit Risk Forecasting Software 204

IBM Big Data Hub

FEBRUARY 7, 2024

In 2024, sustainability is taking center stage. In addition to CSRD, California has new mandatory reporting rules coming into play in 2024, while countries around the world are on the verge of implementing their own non-financial disclosure and documentation requirements. trillion to the global economy by 2050.

Reporting 88

Reporting Internet of Things Cost-Benefit Data-driven 88

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

JANUARY 22, 2024

trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue. Given that threat actors exploit critical vulnerabilities within mere hours of publication, this poses a serious security risk for companies. Respond to threats quickly.

Digital Transformation 124

Digital Transformation Risk Cost-Benefit Risk Management 124

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

CIO Business Intelligence

JULY 1, 2024

What’s clear though, is that these organisations risk being left behind if they aren’t maximising the potential of AI. In May 2024, hailing this as “the year AI at work gets real”, Microsoft’s Work Index report suggested that 75% of global knowledge workers are already using AI. 6 Cocreator is optimized for English text prompts.

Strategy 141

Strategy Technology Reporting Optimization 141

CIO Business Intelligence

FEBRUARY 13, 2024

Get ready for the IDC Middle East CIO Summit 2024. Developing GenAI implementation strategies will be imperative for technology leaders, and they must focus on prioritizing key areas such as business model building, internal operational improvements, risk mitigation, and overall organizational efficiency.

Data Processing 98

Data Processing Forecasting Risk Optimization 98

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). They transform massive amounts of data into actionable insights to help partners better predict risk and make smarter decisions in real time.

Software 94

Software Analytics Cost-Benefit Data-driven 94

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

datapine

NOVEMBER 27, 2019

This is one of the major trends chosen by Gartner in their 2020 Strategic Technology Trends report , combining AI with autonomous things and hyperautomation, and concentrating on the level of security in which AI risks of developing vulnerable points of attacks. Industries harness predictive analytics in different ways.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

CIO Business Intelligence

JULY 2, 2024

This article presents essential strategies for CIOs to strike the optimal balance among innovation, value, cost, and practicality in tech investments. Future proofing requires balancing new opportunities with optimizing existing solutions. To manage costs, the bank selected a hybrid cloud model, optimizing expenses and data control.

Technology 111

Technology Cost-Benefit Digital Transformation Optimization 111

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

MARCH 3, 2024

Its conclusions were less than optimal. And only 45 percent of CISOs were very or somewhat concerned about the risks of unsecured printers, compared to 72 percent of CIOs. Quocirca said this disconnect between the views of CIOs and CISOs on print security could prevent companies from determining the true level of risk.

IT 111

IT Measurement Risk Reporting 111

CIO Business Intelligence

MARCH 19, 2025

Similarly, Deloittes 2024 CxO Survey highlights that while CDOs prioritize AI and business efficiency, sustainability remains a secondary focus. If sustainability-related data projects fail to demonstrate a clear financial impact, they risk being deprioritized in favor of more immediate business concerns.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

JULY 1, 2024

CIOs who aren’t actively investigating the possibilities risk being left behind. In 2024, we’ll see AI PC shipments begin to ramp, and over the next few years, we expect the technology to move from niche to a majority.” Recall is optimized for select languages (English, Chinese (simplified), French, German, Japanese, and Spanish).

Cost-Benefit 110

Cost-Benefit Manufacturing Optimization Interactive 110