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Some argue gen AIs emergence has rendered digitaltransformation pass. AI transformation is the term for them. Others suggest everything should be called business transformation or just transformation for short. What terminology should you use?
This two-day digital event shone a spotlight on the most innovative datastrategies, data-driven cultures and digitaltransformations in the US public sector.
To counter such statistics, CIOs say they and their C-suite colleagues are devising more thoughtful strategies. Here are 10 questions CIOs, researchers, and advisers say are worth asking and answering about your organizations AI strategies. How does our AI strategy support our business objectives, and how do we measure its value?
Digitaltransformation is a broad term that is difficult to define precisely. Think of digitaltransformation as a way to future-proof a business. But, you can consider it a change in the business activities to prioritize your business’s digital presence. Steps To Driving A Successful DigitalTransformation.
On the surface, digitaltransformation is a simple process. This could be moving your spreadsheets to cloud software or even going so far as to move up from paper to digital. Specifically, we’re talking about how digitaltransformation efforts routinely fail to take advantage of the data they provide access to.
When Carlo Nizam joined EGA in 2021, he was tasked with leading the company’s digitaltransformation, a journey aimed at optimizing every aspect of the business. Carlo describes his dual role as Chief Digital and Information Officer (CDIO) as one that combines both traditional IT and digitaltransformation responsibilities. “We
The analyst reports tell CIOs that generative AI should occupy the top slot on their digitaltransformation 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%
Despite the best of intentions, CIOs and their organizations often struggle to deliver business outcomes from digitaltransformationstrategies. And while KPMG reports that 72% of CEOs have aggressive digital investment strategies, McKinsey details a harsh reality that 70% of transformations fail.
Once a vanguard business strategy, digitaltransformation has become a perennial objective for business survival. Digitaltransformation is the integration of digital technologies into all aspects of business operations. Moreover, digitaltransformation means doing all that work on a continuous basis.
Digitaltransformation has become an essential part of business success. According to TEKsystems’ 2023 State of DigitalTransformation , 41% of organizations’ digitaltransformation (DX) initiatives have failed to achieve their desired outcomes. That’s not digitaltransformation.
From nimble start-ups to global powerhouses, businesses are hailing AI as the next frontier of digitaltransformation. research firm Vanson Bourne to survey 650 global IT, DevOps, and Platform Engineering decision-makers on their enterprise AI strategy. AI applications rely heavily on secure data, models, and infrastructure.
The Chinese tech giant presented cutting-edge solutions aimed at enhancing connectivity, smart cities, and enterprise digitaltransformation, with a particular emphasis on how these developments will impact the Middle East. AI is reshaping industries globally, and Huawei Cloud is at the forefront of this shift.
In a recent interview with Jyoti Lalchandani, IDCs Group Vice President and Regional Managing Director for the Middle East, Turkey, and Africa (META), we explore the key trends and technologies that will shape the future of the Middle East and the challenges organizations will face in their digitaltransformation journey.
Digitaltransformation initiatives have picked up in the retail sector in recent years as store chains compete for brand awareness and sales in a rapidly evolving market. By 2026, retailers’ global investments in digitaltransformation tools are expected to reach $388 billion , growing by 18% a year.
CIOs have been able to ride the AI hype cycle to bolster investment in their gen AI strategies, but the AI honeymoon may soon be over, as Gartner recently placed gen AI at the peak of inflated expectations , with the trough of disillusionment not far behind. That doesnt mean investments will dry up overnight.
USD billion investment in digital infrastructure under the Abu Dhabi Government DigitalStrategy 2025-2027. This strategy includes deploying over 200 AI-driven solutions to enhance public service delivery, boost operational efficiency, and promote environmental sustainability.
With the AI revolution underway which has kicked the wave of digitaltransformation into high gear it is imperative for enterprises to have their cloud infrastructure built on firm foundations that can enable them to scale AI/ML solutions effectively and efficiently.
With supply chain issues and the impending recession, digitaltransformation remains a pressing strategic imperative. However, key digitaltransformation milestones remain out of reach for far too many teams. The survey also revealed that digitaltransformation initiatives are tightly aligned with VSM.
As organizations work to embed AI into their operations, investment in the necessary infrastructure, platforms, and skills will be key to supporting this transformation. Data sovereignty and local cloud infrastructure are expected to remain high on the agenda, particularly within the GCC countries.
In a survey of 451 senior technology executives conducted by Gartner in mid-2024, a striking 57% of CIOs reported being tasked with leading AI strategies. Gartner’s data revealed that 90% of CIOs cite out-of-control costs as a major barrier to achieving AI success.
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 digitaltransformation. We are being smart about it,” he says of the company’s cloud strategy, which is centered in part around its direct-to-consumer business.
Many businesses use big data technology to bolster efficiency. of companies say that they use data analytics in some capacity. While only 24% call themselves data-driven, the figure is growing significantly. Big data is changing the business models of many organizations. One study from Zappia found that 97.2%
How to make smarter data-driven decisions at scale : [link]. The determination of winners and losers in the data analytics space is a much more dynamic proposition than it ever has been. A lot has changed in those five years, and so has the data landscape. But if they wait another three years, they will never catch up.”
And executives see a high potential in streamlining the sales funnel, real-time data analysis, personalized customer experience, employee onboarding, incident resolution, fraud detection, financial compliance, and supply chain optimization. Another area is democratizing data analysis and reporting.
Zulfi Jeevanjee, EVP and CIO, believes the best way to build and align next-generation business processes and modern IT platforms is to build anew, and so he is taking a cloud-first approach to digitaltransformation, dumping out all legacy infrastructure along the way. To fuel its transformation, the Northbrook, Ill.-based
Around the same time of the release, Repsol appointed Juan José Casado Quintero as its new chief digital officer (CDO), another strategic move to digitallytransform and accelerate the company’s strategy to become a data-driven company.
Data is the foundation of innovation, agility and competitive advantage in todays digital economy. As technology and business leaders, your strategic initiatives, from AI-powered decision-making to predictive insights and personalized experiences, are all fueled by data. Data quality is no longer a back-office concern.
After all, a low-risk annoyance in a key application can become a sizable boulder when the app requires modernization to support a digitaltransformation initiative. These areas are considerable issues, but what about data, security, culture, and addressing areas where past shortcuts are fast becoming todays liabilities?
Enhanced analytics driven by AI can identify patterns and trends, allowing enterprises to better predict future business needs. Investing in task orchestration and management technologies aligns with broader digitaltransformationstrategies necessary for maintaining competitive advantage.
One of the world’s largest risk advisors and insurance brokers launched a digitaltransformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. But the CIO had several key objectives to meet before launching the transformation.
“Digital is a powerful business lever,” says Alessandra Luksch, director of the DigitalTransformation Academy Observatory at Politecnico di Milano, which has been mapping trends in ICT spending by Italian organizations since 2016. “In AMA employs about 7,600, serves a catchment area of nearly 2.5 million tons of waste annually.
Data-driven businesses are far more successful than companies that don’t utilize data to their advantage. Unfortunately, they often find that managing their data effectively can be a challenge. Companies that rely on big data need a reliable IT department. Build A Clear Strategy.
Enter Gen AI, a transformative force reshaping digital experience analytics (DXA). Gen AI allows organizations to unlock deeper insights and act on them with unprecedented speed by automating the collection and analysis of user data. As Gen AI continues to evolve, its role in digital experience analytics will only grow.
Many digitaltransformations focus on platforms to support the business, but thats different from running a platform business. To be a platform business, you need a network, demand, supply, data, and a customer experience that differentiates. This is crucial in a value-driven development model.
As someone deeply involved in shaping datastrategy, governance and analytics for organizations, Im constantly working on everything from defining data vision to building high-performing data teams. My work centers around enabling businesses to leverage data for better decision-making and driving impactful change.
In at least one way, it was not different, and that was in the continued development of innovations that are inspired by data. This steady march of data-driven innovation has been a consistent characteristic of each year for at least the past decade.
Digitaltransformation must be a core organizational competency. The impact of generative AIs, including ChatGPT and other large language models (LLMs), will be a significant transformation driver heading into 2024. That’s my key advice to CIOs and IT leaders.
Fletcher Building is an $NZ8 billion organization made up of more than 30 companies that range from manufacturing, mining aggregates, road making, and more, and when it was time to digitallytransform and better enable a data-driven and platforms-based business, Locandro’s forward-thinking philosophy was integral in the company’s efforts to succeed.
One of the world’s largest risk advisors and insurance brokers launched a digitaltransformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. But the CIO had several key objectives to meet before launching the transformation.
Configurability in cloud-first strategies is key as organizations don’t have to worry about hardware control, allowing for more focus on getting new services up and running faster,” he says. Carving out a digitaltransformation edge. Consider the last two-plus years of business disruptions caused by the global pandemic.
The demand for ESG initiatives has become an integral part of a company’s strategy for long-term success, offering a promising future for those who embrace them. This could involve adopting cloud computing, optimizing data center energy use, or implementing AI-powered energy management tools.
At AWS re:Invent 2024, we announced the next generation of Amazon SageMaker , the center for all your data, analytics, and AI. It enables teams to securely find, prepare, and collaborate on data assets and build analytics and AI applications through a single experience, accelerating the path from data to value.
Why do organizations get stuck with their data? Often, this problem can be due to the organization concentrating solely on technology and data. However, organizations can be supported by a synergistic approach by integrating systems thinking with the datastrategy and technical perspective.
Additionally, 46% said they are “not fully equipped to face disruption” especially when it comes to data security and technology innovation. Nearly two thirds of IT leaders (63%) say that a “lack of skills has delayed digitaltransformation initiatives, most by an average of three to 10 months,” according to IDC.
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