Remove Data-driven Remove Digital Transformation Remove Risk Management
article thumbnail

3 key digital transformation priorities for 2024

CIO Business Intelligence

The analyst reports tell CIOs that generative AI should occupy the top slot on their digital transformation priorities in the coming year. As every CIO can attest, the aggregate demand for IT and data capabilities is straining their IT leadership teams. Luckily, many are expanding budgets to do so. “94%

article thumbnail

5 tips for better business value from gen AI

CIO Business Intelligence

Still, CIOs have reason to drive AI capabilities and employee adoption, as only 16% of companies are reinvention ready with fully modernized data foundations and end-to-end platform integration to support automation across most business processes, according to Accenture. These reinvention-ready organizations have 2.5

Sales 143
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How resilient CIOs future-proof to mitigate risks

CIO Business Intelligence

Over the past year, the focus on risk management has evolved significantly, says Meerah Rajavel, CIO of Palo Alto Networks. With the increasing sophistication of cyber threats and the accelerated pace of digital transformation, organizations must be more proactive in identifying and mitigating risks.

Risk 105
article thumbnail

AI and cybersecurity: A double-edged sword

CIO Business Intelligence

AI systems can analyze vast amounts of data in real time, identifying potential threats with speed and accuracy. Companies like CrowdStrike have documented that their AI-driven systems can detect threats in under one second. Thats the potential of AI-driven automated incident response.

article thumbnail

10 AI strategy questions every CIO must answer

CIO Business Intelligence

Do we have the data, talent, and governance in place to succeed beyond the sandbox? These, of course, tend to be in a sandbox environment with curated data and a crackerjack team. They need to have the data, talent, and governance in place to scale AI across the organization, he says. How confident are we in our data?

Strategy 141
article thumbnail

How to Build Security and Resilience into Your Digital Transformation

CIO Business Intelligence

Cyber risk is increasingly a top executive priority, due in large part to the rising number of unplanned outages, driven by the increasingly sophisticated cyberattacks and widening skills gap. Those partners must also build cyber resilience into newer initiatives, underpinned by cloud and zero trust principles.

article thumbnail

Data-driven competitive advantage in the financial services industry

Cloudera

The same study also stated that having stronger online data security, being able to conduct more banking transactions online and having more real-time problem resolution were the top priorities of consumers. . Financial institutions need a data management platform that can keep pace with their digital transformation efforts.