CIO Business Intelligence

OCTOBER 30, 2023

The past decade in IT has been all about digital transformation. Transformations once envisioned to be a two- or three-year journey, to catch up or get ahead, have become a continuous journey with no end in sight. The philosophy behind adaptive systems is more about innovation than risk management.

Digital Transformation 143

Digital Transformation Risk Management IoT Cost-Benefit 143

CIO Business Intelligence

APRIL 18, 2022

Organizations that continued full speed ahead with their digital transformation initiatives during the COVID-19 pandemic are able to ruminate on what went right and what they would have done differently, with the benefit of hindsight. But there are lesser-known, less obvious attributes of a successful digital program.

Digital Transformation 145

Digital Transformation Dashboards Cost-Benefit Consulting 145

CIO Business Intelligence

SEPTEMBER 29, 2022

University leaders have long understood that the future is digital, but thereâ??s highlighting that true business resilience and digital transformation are inseparable. However, there remain significant barriers to the digital transformation of universities. t want to risk a wholesale digital transformation â??

Digital Transformation 125

Digital Transformation Cost-Benefit Risk Software 125

CIO Business Intelligence

NOVEMBER 13, 2023

So if you are seeking to lead transformational change at your organization, it’s worth knowing the 10 most common reasons why digital transformation fails and what you as an IT leader can learn from those failures. Resistance to change Change is hard, and digital transformation requires a lot of it.

Digital Transformation 143

Digital Transformation Cost-Benefit Experimentation Measurement 143

CIO Business Intelligence

JANUARY 6, 2025

One of them is Katherine Wetmur, CIO for cyber, data, risk, and resilience at Morgan Stanley. Wetmur says Morgan Stanley has been using modern data science, AI, and machine learning for years to analyze data and activity, pinpoint risks, and initiate mitigation, noting that teams at the firm have earned patents in this space.

IT 140

IT Cost-Benefit Measurement Experimentation 140

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 122

IT Insurance Consulting Risk 122

BA Learnings

AUGUST 7, 2021

Are you thinking about initiating a digital transformation campaign in your company? Boston Consulting Group conducted a digital transformation study in 2020 to find out why such projects are missing the mark. Lack Of Expert Assistance How hard can digital transformation be? “I Let’s get started.

Digital Transformation 130

Digital Transformation Key Performance Indicator Cost-Benefit KPI 130

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

JULY 11, 2022

Digital transformation goes well beyond reducing physical assets to bits. Digital transformation leverages software to re-invent the entire LBGUPS (Learn, Buy, Get, Use, Pay & Support) business value chain. What’s fueling accelerated digital transformation? Cloud and edge computing.

Digital Transformation 111

Digital Transformation Cost-Benefit Software IoT 111

CIO Business Intelligence

SEPTEMBER 17, 2022

More than 70% of US legal departments across enterprises spanning various industry sectors have not made any investment towards digital transformation in the last two years, according to a joint report from The Association of Corporate Counsel (ACC) and legal-technology company Disco.

Digital Transformation 105

Digital Transformation Reporting Cost-Benefit Management 105

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

MARCH 8, 2023

Fundamentally, if customers find it too difficult to engage digitally with your business, they’ll engage elsewhere. Digital transformation: The implications for network operations Meeting heightened customer expectations is basically what digital transformation is all about. Digital Transformation

Digital Transformation 98

Digital Transformation Cost-Benefit Data-driven Reporting 98

CIO Business Intelligence

DECEMBER 10, 2024

Bogdan Raduta, head of AI at FlowX.AI, says, Gen AI holds big potential for efficiency, insight, and innovation, but its also absolutely important to pinpoint and measure its true benefits. That gives CIOs breathing room, but not unlimited tether, to prove the value of their gen AI investments.

Sales 143

Sales Metrics Data-driven Measurement 143

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

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

JULY 18, 2024

If exploited, a single mainframe code vulnerability can allow a hacker to bypass security controls and corrupt a system, all while covering their tracks—all of which come at a high cost to the company. What steps can be taken to minimize the risk of hackers penetrating the mainframe? Mainframes are under more pressure than ever before.

Risk 124

Risk Software Insurance Cost-Benefit 124

CIO Business Intelligence

JANUARY 24, 2024

Karen Higgins-Carter, previously CIO of Webster Bank, joined Gilbane just over a year ago as CDIO with the responsibility of digitally transforming this 153-year-old business. We’re in an industry that is ripe for transformation,” says Higgins-Carter, pictured above, center. So they’ll be patient when it comes to ROI.

Risk Management 118

Risk Management Risk Management Digital Transformation 118

CIO Business Intelligence

APRIL 30, 2025

The study found better oversight of business workflows to be the top perceived benefit of it. She sees potential in using agents to schedule client work and match client requirements with the best-skilled and cost-effective resources. Think summarizing, reviewing, even flagging risk across thousands of documents.

IT 132

IT Sales Cost-Benefit Data-driven 132

David Menninger's Analyst Perspectives

DECEMBER 31, 2024

Enterprises that adopt RPA report reductions in process cycle times and operational costs. ISG Research asserts that by 2026, over two-thirds of enterprises will standardize on a single digital platform for workflow automation and will deploy intelligent automation technologies to eliminate redundant manual work.

Cost-Benefit 130

Cost-Benefit Data-driven Enterprise Business Objectives 130

CIO Business Intelligence

AUGUST 21, 2023

Atos earns the 2023 VMware Partner Worldwide Lifecycle Services Award for enabling end-to-end digital transformations True transformation is often a team effort. No matter what type of transformation, working with a trusted partner can make all the difference. To learn more, visit us here. Cloud Computing

Digital Transformation 98

Digital Transformation Cost-Benefit Software Manufacturing 98

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

CIO Business Intelligence

AUGUST 21, 2024

The previous state-of-the-art sensors cost tens of thousands of dollars, adds Mattmann, who’s now the chief data and AI officer at UCLA. Adding smarter AI also adds risk, of course. “At The big risk is you take the humans out of the loop when you let these into the wild.” They also had extreme measurement sensitivity.

Risk 136

Risk Insurance Cost-Benefit Software 136

CIO Business Intelligence

OCTOBER 8, 2024

The typical reaction is to ban any use of it until you can figure out what it is, what it does, how it will benefit your business and how you can safely and securely deploy it. Do you really benefit by awaiting others to figure it out for you and then sell you their services — when they know little to nothing about your business?

Risk 124

Risk Technology Cost-Benefit Internet of Things 124

CIO Business Intelligence

SEPTEMBER 17, 2024

Moreover, undertaking digital transformation and technology modernization programs without an architect can lead to delays, technical debt , higher costs, and security vulnerabilities. Mounting technical debt and extending the life of legacy systems are key risks CIOs should be paranoid about.

Enterprise 145

Enterprise Digital Transformation Cost-Benefit Risk 145

CIO Business Intelligence

MAY 23, 2024

Everything from simple translation services to more advanced solutions for creating product catalogues or risk analyses,” says Nilsson. Ideas are collected in a database where they’re scored according to the value they can provide, and at the moment, over 25 areas have been identified that show immediate benefit for the company.

Digital Transformation 111

Digital Transformation Measurement Cost-Benefit Data Warehouse 111

CIO Business Intelligence

JANUARY 14, 2025

Technical foundation Conversation starter : Are we maintaining reliable roads and utilities, or are we risking gridlock? DevSecOps maturity Conversation starter : Are our daily operations stuck in manual processes that slow us down or expose us to risks? Like a citys need for reliable infrastructure and well-maintained services.

Enterprise 119

Enterprise Technology Metrics Measurement 119

CIO Business Intelligence

MARCH 10, 2023

Digital transformation has brought significant adoption of new technology and business models, including cloud solutions, e-commerce platforms, smart devices, and a significantly more distributed workforce. These, in turn, have brought with them an increase in new threats, risks, and cybercrime.

Digital Transformation 143

Digital Transformation Cost-Benefit ROI Risk 143

CIO Business Intelligence

APRIL 8, 2025

Fragmented systems, inconsistent definitions, legacy infrastructure and manual workarounds introduce critical risks. These issues dont just hinder next-gen analytics and AI; they erode trust, delay transformation and diminish business value. Manual entries also introduce significant risks.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

IBM Big Data Hub

JANUARY 15, 2024

While digital transformation has been a trend for some years, emerging technologies have made this movement even more important. Companies are rethinking their business models to become more digital and competitive. Digital transformation is an important component of a modern organization’s business operations.

Digital Transformation 69

Digital Transformation Internet of Things IoT Consulting 69

Smart Data Collective

JULY 9, 2021

What Are the Benefits of Data Analytics in Staffing? The Forbes Research Council showed that there are a lot of great benefits of leveraging big data in human resources. These benefits include the following: Improving workforce planning. It has been shown that big data can minimize employment risks during the hiring process.

Data Analytics 139

Data Analytics Management Analytics Big Data 139

CIO Business Intelligence

DECEMBER 8, 2022

Here’s a proposition to consider: among the ranks of large enterprises, commercial success increasingly relies on digital transformation. In turn, digital transformation relies on modernized enterprise networks that deliver flexibility, performance and availability from the edge to the cloud.

Digital Transformation 145

Digital Transformation Reporting Risk Cost-Benefit 145

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

CIO Business Intelligence

AUGUST 16, 2023

But today, Svevia is driving cross-sector digitization projects where new technology for increased safety for road workers and users is tested. When I came in three years ago, it was with the task of digitizing the company,” says Svevia CIO Maria Wester. “In This leads to environmental benefits and fewer transports.

Risk 98

Risk Cost-Benefit Internet of Things Digital Transformation 98

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

CIO Business Intelligence

JANUARY 8, 2024

“As we head into the new year, CIOs and other IT leaders will need to understand how innovation can disrupt the business from both an internal and external perspective and make decisions with measured risk taking and a strong focus on priority outcomes.” As AI continues to redefine work, its benefits are already becoming clear.

Cost-Benefit 142

Cost-Benefit Digital Transformation Optimization Measurement 142

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 Strategy Optimization 119

CIO Business Intelligence

SEPTEMBER 13, 2023

Years into digital transformation, and decades into the IT function itself, many CIOs still fall short when it comes to innovation. Indeed, 50% of C-suite execs surveyed for a 2023 report on digital transformation from fintech company Broadridge admitted they struggle to balance innovation with daily tasks.

IT 136

IT Digital Transformation Risk Cost-Benefit 136