Remove 2025 Remove Digital Transformation Remove Uncertainty
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Optimizing IT resources through infrastructure, people, and processes

CIO Business Intelligence

According to McKinsey , the goal of digital transformation is to build a competitive advantage by continuously deploying tech at scale to improve customer experience and lower costs. Amid today’s uncertain economy, digital transformation is arguably more important than ever to remain afloat, not just competitive.

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EU AI Act: Sensible guardrail or innovation killer?

CIO Business Intelligence

The implementation must not become a stalemate for companies: Long legal uncertainty , unclear responsibilities and complex bureaucratic processes in the implementation of the AI Act would hinder European AI innovation. From the beginning of 2025, AI systems that use manipulative or deceptive techniques, for example, are to be banned.

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IT budget shock: Global IT services firms continue to struggle

CIO Business Intelligence

The global IT services industry is at a significant crossroads, with the explosive growth of generative AI and deepening economic uncertainties reshaping its future. Although there are efforts to boost industries such as semiconductors, there is much uncertainty about when the impact may be seen.

IT 98
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Finding the Right Technologies for the Right Scenarios

CIO Business Intelligence

Take for instance the internet economy in Southeast Asia, which is expected to double to US$363 billion by 2025. This has created a clear opportunity for businesses, allowing them to ride on this wave of digitalization for seizing greater growth opportunities—as long as they play their cards right. per year over 2022 to 2024. “The

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The 4 most overhyped technologies in IT

CIO Business Intelligence

He says generative AI’s “potential is great; it will transform many industries. But it should be noted that digital transformation is complex and time consuming; it’s not like a firm can just take a GAI ‘black box’ and plug it into their business and achieve increased efficiency right away.

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Celebrating Data Superheroes: The 2021 Data Impact Awards Winners

Cloudera

As a bank that understands the future of financial services as data-driven, Bank of the West chose to adopt the Cloudera platform as the linchpin of its digital transformation. Industry Transformation. Security & Governance Leadership. Learn more about the Cloudera Data Impact Awards and see past winners!

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Top 10 business needs driving IT spending today

CIO Business Intelligence

When asked about the business initiatives that would be “most significant in driving IT investments at your organization,” IT leaders cited the following: Increasing cybersecurity protections: 49% Increasing operational efficiency: 46% Improving customer experience: 42% Transforming existing business processes (i.e., billion in spend by 2025.

IT 135