CIO Business Intelligence

JULY 22, 2024

IT leader and former CIO Stanley Mwangi Chege has heard executives complain for years about cloud deployments, citing rapidly escalating costs and data privacy challenges as top reasons for their frustrations. They, too, were motivated by data privacy issues, cost considerations, compliance concerns, and latency issues.

Optimization 128

Optimization Strategy IT Cost-Benefit 128

Cloudera

OCTOBER 6, 2022

Digital transformation. Everyone has their own ideas about what digital transformation means, so I decided to look up a few definitions. . CIO blog post : “Digital transformation is a foundational change in how an organization delivers value to its customers.”. Cost savings opportunities.

Digital Transformation 90

Digital Transformation Cost-Benefit Data Lake Machine Learning 90

IBM Big Data Hub

JANUARY 8, 2024

Organizations are increasingly investing in digital transformation as a way to maintain or grow a competitive advantage. A tried-and-true way to approach digital transformation is to understand the relationship customers have with the product and the brand, where that relationship currently falls short, and how it can be improved.

Digital Transformation 60

Digital Transformation Strategy Key Performance Indicator Cost-Benefit 60

CIO Business Intelligence

FEBRUARY 21, 2023

If you think you’re keeping up, think again: One recent study from research firm Gartner found that the majority of CEOs (59%) say digital initiatives take too long and 52% take too long to realize value. The pressure is on to accelerate digital transformation, according to CIOs, researchers, and analysts.

Digital Transformation 145

Digital Transformation Marketing Business Driver Technology 145

IBM Big Data Hub

JANUARY 25, 2024

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 Many asset-intensive businesses are prioritizing inventory optimization due to the pressures of complying with growing industry 4.0

Optimization 73

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 73

CIO Business Intelligence

AUGUST 31, 2023

Afterwards, we spent some more time discussing his extensive track record with digital transformation, including how to set up digital initiatives for success. Dan Roberts: People refer to digital transformation in so many different contexts that the term has almost lost all meaning.

Digital Transformation 98

Digital Transformation Business Objectives Strategy Enterprise 98

CIO Business Intelligence

NOVEMBER 18, 2022

Increasingly, oil and gas companies are making strategic technology investments to accelerate sustainable digital transformation and deliver a competitive advantage. In this article, we’ll share opportunities for oil and gas companies to increase sustainability while achieving other business benefits.

Digital Transformation 98

Digital Transformation Cost-Benefit Optimization Machine Learning 98

CIO Business Intelligence

JUNE 2, 2023

To achieve these objectives, Deoleo has had to commit to a digital transformation process that allows it to achieve operational efficiency and contribute to its sustainability strategy. “We In addition, Deoleo has launched the Manufacturing Printer System project, which focuses on the digitization of production lines.

Digital Transformation 95

Digital Transformation Manufacturing Marketing Software 95

CIO Business Intelligence

JUNE 24, 2022

When it comes to IT strategy, Kimberly-Clark Global CIO Manoj Kumbhat makes one thing very clear: This multinational takes a business-first approach to digital transformation. Kimberly-Clark’s other major customer segment, B2B2C mass retail partners, including Wal-Mart and Target, is the other focus of its business transformation.

Digital Transformation 126

Digital Transformation B2B Data-driven Data Lake 126

CIO Business Intelligence

MAY 23, 2024

More recently, products have become increasingly digital, with software that manages patient flows, tools for surgery planning, and sterile management processes that optimize inventory and ensure that surgical instruments are delivered at the right time to the right place. It’s a difficult balancing act.

Digital Transformation 111

Digital Transformation Measurement Cost-Benefit Data Warehouse 111

Sisense

FEBRUARY 26, 2020

In Transform to Win , we explore the challenges facing modern companies, diving into their individual digital transformations and the people who drive them. This is a key element of a digital transformation. Digital transformation has proven benefits. Become data-driven to succeed.

Digital Transformation 90

Digital Transformation Analytics Cost-Benefit Big Data 90

Ontotext

AUGUST 17, 2023

Digital Transformation, which has been a top priority for CEOs and boards of directors for many years, has had mixed results. These failures are at least partly due to the absence of graph technologies, at the center of those transformations, allowing companies to “connect the dots” across their data to drive optimal outcomes.

Digital Transformation 52

Digital Transformation IT Cost-Benefit Data-driven 52

CIO Business Intelligence

SEPTEMBER 7, 2023

When I joined Discover® Financial Services in 2021, the company was executing its Runway: Mission 80,000 Feet vision to transform the engineering culture toward product-centricity. We build great products by reusing existing software assets and reducing software development, risk, and maintenance costs. Digital Transformation

Digital Transformation 59

Digital Transformation Technology Cost-Benefit Software 59

CIO Business Intelligence

OCTOBER 22, 2024

Enterprises with siloed operations are faced with degraded network performance, inefficiency, high operational costs, and inability to scale at a time when modernization and digital transformation are critical to meet their customers’ fundamental needs. By reducing complexity, it lowers costs and improves efficiency overall.

Cost-Benefit 135

Cost-Benefit Digital Transformation Enterprise Risk 135

Cloudera

JANUARY 17, 2021

s digital transformation of the manufacturing industry, which in itself is pretty remarkable. The last two years have seen remarkable acceleration of digital transformation in a whole host of segments. The Digital Experience Benefits. Marketing and Sales Optimization – . By 2025, Industry 4.0

Digital Transformation 64

Digital Transformation Cost-Benefit Manufacturing Sales 64

CIO Business Intelligence

NOVEMBER 18, 2022

The cloud offers limitless scalability and flexibility, powering digital transformation across every industry. But when not managed strategically in the long run, cloud spending can quickly escalate and impact margins, cost of goods sold (COGS), and cost of revenue (COR).

Optimization 91

Optimization KPI Key Performance Indicator Cost-Benefit 91

CIO Business Intelligence

OCTOBER 14, 2024

Focused on digitization and innovation and closely aligned with lines of business, some 40% of IT leaders surveyed in CIO.com’s State of the CIO Study 2024 characterize themselves as transformational, while a quarter (23%) consider themselves functional: still optimizing, modernizing, and securing existing technology infrastructure.

Digital Transformation 131

Digital Transformation Experimentation Cost-Benefit Risk 131

CIO Business Intelligence

AUGUST 19, 2024

By proactively addressing these challenges, utilities can capitalize on the opportunities presented by the digital transformation and build a more resilient, sustainable, and future-proof grid. Grid modernization challenges The digital transformation required for grid modernization presents several challenges for electric utilities.

Digital Transformation 122

Digital Transformation Cost-Benefit Forecasting Technology 122

CIO Business Intelligence

NOVEMBER 28, 2023

As more businesses push forward with digital transformation projects, cloud computing has stood out as a powerful tool capable of fueling the analytics that drive new technologies like artificial intelligence (AI) and machine learning (ML)—two capabilities that are quickly becoming a must-have in nearly every organization.

Digital Transformation 119

Digital Transformation Cost-Benefit Optimization Strategy 119

CIO Business Intelligence

NOVEMBER 7, 2024

As the Middle East and Central Asia accelerate their digital transformation journeys, connectivity remains a foundational element. AI-driven optimization further supports FWA’s appeal, ensuring dynamic network adjustments to meet changing user demands.

Cost-Benefit 91

Cost-Benefit Digital Transformation Optimization Technology 91

CIO Business Intelligence

JULY 2, 2024

CIOs face the daunting challenge of driving innovation while managing costs and ensuring practical implementation in a rapidly advancing digital landscape. This article presents essential strategies for CIOs to strike the optimal balance among innovation, value, cost, and practicality in tech investments.

Technology 111

Technology Cost-Benefit Digital Transformation Optimization 111

CIO Business Intelligence

FEBRUARY 28, 2024

The technology allows for dynamic rerouting of traffic, prioritization of critical applications, and performance-based routing to optimize network efficiency. The ability to save costs on connectivity, optimize security measures, and streamline network operations contribute to the overall cost-effectiveness of SD-WAN.

Cost-Benefit 98

Cost-Benefit Digital Transformation ROI Strategy 98

CIO Business Intelligence

OCTOBER 30, 2023

In today’s digitally transforming world, time is of the essence. As you seek to boost agility and speed your organization’s digital transformation, there are some proven principles you can apply. In the process, they can break down the silos that stifle digital transformation. Digital Transformation

Management 144

Management Digital Transformation Cost-Benefit ROI 144

CIO Business Intelligence

JANUARY 8, 2024

As AI continues to redefine work, its benefits are already becoming clear. In 2024, viewing priorities from a strategic, long-term business point-of-view, as opposed to viewing solely through a technological lens, will better benefit your overall business and employees.”

Cost-Benefit 142

Cost-Benefit Digital Transformation Optimization Measurement 142

CIO Business Intelligence

SEPTEMBER 19, 2024

While indispensable for continued growth, these benefits are, crucially, more accessible than ever, even for those without the financial resources of bigger companies. Then there is the cost-efficiency of creating content through GenAI.

Cost-Benefit 115

Cost-Benefit Digital Transformation Marketing Optimization 115

Cloudera

JUNE 8, 2021

A sturdy data infrastructure coupled with a proficient workforce are pillars for an organization’s digital transformation efforts. . McKinsey lists building capabilities for the workforce of the future as one of five categories of factors improving the chances of a successful digital transformation.

Digital Transformation 58

Digital Transformation Cost-Benefit Data Strategy Finance 58

CIO Business Intelligence

JUNE 12, 2024

For some organizations, shifting to the cloud has been a relatively quick race toward highly publicized benefits, such as scalability. 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.

Digital Transformation 116

Digital Transformation Cost-Benefit Forecasting Metrics 116

CIO Business Intelligence

AUGUST 27, 2024

A staged approach enables risk mitigation and resource optimization and ensures modernization efforts bolster operational efficiency and competitive advantage. Operate and optimize: Continuously monitor and optimize the modernized portfolio, ensuring alignment with evolving business needs. Invite feedback.

Cost-Benefit 110

Cost-Benefit Key Performance Indicator ROI Strategy 110

CIO Business Intelligence

JANUARY 22, 2024

According to a recent analysis by EXL, a leading data analytics and digital solutions company, healthcare organizations that embrace generative AI will dramatically lower administration costs, significantly reduce provider abrasion, and improve member satisfaction. The timing could not be better.

Cost-Benefit 105

Cost-Benefit Digital Transformation Data-driven Unstructured Data 105

CIO Business Intelligence

JANUARY 23, 2024

Regardless of where organizations are in their digital transformation, CIOs must provide their board of directors, executive committees, and employees definitions of successful outcomes and measurable key performance indicators (KPIs). As a result, outcome-based metrics should be your guide.

Measurement 141

Measurement Digital Transformation KPI Metrics 141

IBM Big Data Hub

JULY 25, 2023

Smart grid technology—an integral part of energy’s digital transformation—promises to modernize the traditional electrical system with an infusion of digital intelligence that helps energy providers transition to clean energy and reduce carbon emissions. transformers, substations and power lines) in real-time.

Optimization 56

Optimization Technology Measurement Cost-Benefit 56

CIO Business Intelligence

OCTOBER 29, 2024

By embracing sustainable architecture practices and aligning technological advancements with sustainability objectives, organizations can harness AI’s transformative potential while safeguarding the planet while meeting regulatory requirements. New key metrics to capture include: Alignment with strategic goals.

Enterprise 119

Enterprise Cost-Benefit Metrics Strategy 119

CIO Business Intelligence

JULY 24, 2024

This dynamic framework offers CIOs a powerful tool to continually optimize their technology portfolios, ensuring their organizations remain agile, efficient, and future-ready. Use agile methodologies to implement updates and optimizations quickly. Key strategies for exploration: Experimentation: Conduct small-scale experiments.

Technology 98

Technology Experimentation Cost-Benefit ROI 98

Jedox

AUGUST 20, 2018

Digitalization is tactical – automating activities, for example, while Digital Transformation is strategic – focusing on improving overall business processes and increasing business value. Digital transformation is much more than a buzz word. Self-Check – Maturity level. Business (planning) logic.

Digital Transformation 44

Digital Transformation Business Driver Forecasting Cost-Benefit 44

CIO Business Intelligence

JUNE 6, 2024

When it’s done well, every choice is calculated, made mindfully of both its short- and long-run impacts, and of the delicate balance in which it must hold certain key variables — cost, productivity, digital maturity, and the potential to build capabilities that last. Among such leaders is Barry Perkins.

Strategy 122

Strategy IT Cost-Benefit Digital Transformation 122

CIO Business Intelligence

AUGUST 7, 2023

With a looming economic downturn, businesses need to look for ways to maximize the benefits of their previous investments and mitigate the impact of that accumulated debt. Now, these businesses are realizing the complexity and the sheer cost of managing these integrations.

Cost-Benefit 97

Cost-Benefit Digital Transformation Optimization Software 97

CIO Business Intelligence

OCTOBER 15, 2024

Thanks to AI, 5G-A, cloud, and other technologies, the physical world is merging with the digital world. The rapid adoption of these technologies is contributing to driving efficiency, reducing operational costs and improving end-user experiences across vertical industries, all contributing to measurable economic improvements.

IoT 119

IoT Digital Transformation Cost-Benefit Sales 119