CIO Business Intelligence

AUGUST 9, 2023

Once a vanguard business strategy, digital transformation has become a perennial objective for business survival. Most CEOs (72%) continue to prioritize digital investments, according to the 2022 CEO Outlook report from KPMG, in part due to concerns about emerging and disruptive technology, a top three risk to organizational growth.

Digital Transformation 137

Digital Transformation Data-driven Strategy Consulting 137

CIO Business Intelligence

SEPTEMBER 25, 2023

Digital transformation has become an essential part of business success. According to TEKsystems’ 2023 State of Digital Transformation , 41% of organizations’ digital transformation (DX) initiatives have failed to achieve their desired outcomes. That’s not digital transformation. Others agree.

Digital Transformation 145

Digital Transformation Measurement Data-driven Metrics 145

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

FEBRUARY 21, 2023

The pandemic-era push to quickly boost digital touchpoints and services proved that transformation can happen fast. That has left a lasting legacy: Even as the pandemic recedes, enterprise executives continue to expect CIOs and their IT departments to deliver transformative capabilities at a rapid-fire pace. Lardi says.

Digital Transformation 145

Digital Transformation Marketing Technology Business Driver 145

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

AUGUST 30, 2023

Corporate projects are classically evaluated on standard matrices such as return on investment (ROI), break-even period, and capital invested. But as organizations look to quickly leverage the power of emerging digital technologies for business growth, such an approach is falling short on expectations.

Digital Transformation 105

Digital Transformation Experimentation ROI Manufacturing 105

Rocket-Powered Data Science

FEBRUARY 12, 2021

One can automate a very complicated and time-consuming process, even for a one-time bespoke application – the ROI must be worth it, to justify doing this only once. IA refers to the addition of “intelligence” to the RPA – transforming it into “smart RPA” or even “cognitive RPA”. The average ROI from RPA/IA deployments is 250%.

ROI 234

ROI Digital Transformation Reporting Machine Learning 234

CIO Business Intelligence

AUGUST 7, 2023

And for many enterprises, Wipro , a valued VMware partner, is the company of choice to deliver and maintain their data centers. The business unit offers a full portfolio of digital transformation services globally that among others, includes VMware Cross-Cloud managed services. Business today runs on data.

Digital Transformation 98

Digital Transformation ROI Enterprise Manufacturing 98

CIO Business Intelligence

AUGUST 1, 2023

Digital transformation 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. Improving customer support is a quick win for delivering short-term ROI from LLMs and AI search capabilities.

Digital Transformation 98

Digital Transformation Unstructured Data Strategy Data Science 98

CIO Business Intelligence

FEBRUARY 1, 2024

When organizations buy a shiny new piece of software, attention is typically focused on the benefits: streamlined business processes, improved productivity, automation, better security, faster time-to-market, digital transformation. C-level executives conducting an ROI analysis need to balance estimated costs with anticipated benefits.

Software 131

Software Enterprise Cost-Benefit ROI 131

CIO Business Intelligence

APRIL 24, 2024

Microsoft is opening another route for extending the reach of its Copilot offerings in the enterprise through an expanded partnership with global professional services company Cognizant. The announcement comes amid reluctance among some CIOs regarding the ROI of generative AI copilots.

Enterprise 128

Enterprise Digital Transformation Consulting Uncertainty 128

CIO Business Intelligence

DECEMBER 10, 2024

According to AI at Wartons report on navigating gen AIs early years, 72% of enterprises predict gen AI budget growth over the next 12 months but slower increases over the next two to five years. Proving the ROI of AI can be elusive , but rushing to achieve it can prove costly.

Sales 143

Sales Metrics Data-driven Measurement 143

CIO Business Intelligence

DECEMBER 18, 2024

With the increasing sophistication of cyber threats and the accelerated pace of digital transformation, organizations must be more proactive in identifying and mitigating risks. Resilience frameworks have measurable ROI, but they require a holistic, platform-based approach to curtail threats and guide the safe use of AI, he adds.

Risk 105

Risk Risk Management Cost-Benefit Measurement 105

erwin

FEBRUARY 14, 2019

The rate at which organizations have adopted data-driven strategies means there are a wealth of digital transformation examples for organizations to draw from. ROI doesn’t meet expectations, the customer experience isn’t quite right , and data gets exposed or mishandled. Data governance is not an application or a tool.

Digital Transformation 75

Digital Transformation Data Governance Data-driven ROI 75

bridgei2i

JUNE 24, 2020

PODCAST: COVID 19 | Redefining Digital Enterprises. In this episode of AI to Impact, Jitendra Jethanandani, Director, Enterprise Tech at BRIDGEi2i, discusses how the current COVID-19 pandemic spreads waves of uncertainty across businesses and their customer base requiring a renewed focus required on customer engagement.

B2B 117

B2B Enterprise Sales Digital Transformation 117

Smarten

MARCH 6, 2022

What happens is that your return on investment (ROI) plummets and your total cost of ownership (TCO) goes way up. So, how does one improve ROI and TCO for business intelligence and augmented analytics? But, there are worse things than user dissatisfaction; namely what happens when your users do not adopt the software.

Business Intelligence 78

Business Intelligence ROI Analytics Digital Transformation 78

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

JULY 5, 2024

This is why many enterprises are seeing a lot of energy and excitement around use cases, yet are still struggling to realize ROI. So, to maximize the ROI of gen AI efforts and investments, it’s important to move from ad-hoc experimentation to a more purposeful strategy and systematic approach to implementation.

ROI 124

ROI Experimentation Risk Cost-Benefit 124

Anmut

APRIL 6, 2021

Enterprise digital transformation and data. Most organisations undergoing a digital transformation understand that data is critical, but how many are actually managing data as an asset ? Your digital transformation initiatives fail. The result? Your data isn’t fit for purpose. The answer?

Digital Transformation 52

Digital Transformation Enterprise Data Quality Data-driven 52

CIO Business Intelligence

DECEMBER 1, 2022

“Me coming in from the outside and proposing so much change — the associates and midlevel management are the ones that must be empowered and that is the most difficult aspect of any kind of transformation.” One HR employee took some courses in data analytics and found a new job within the company helping to advance digital transformation. “I

Digital Transformation 144

Digital Transformation IoT Data-driven KPI 144

CIO Business Intelligence

MAY 30, 2022

The Open Group Architecture Framework (TOGAF) is an enterprise architecture methodology that offers a high-level framework for enterprise software development. The TOGAF certification is especially useful for enterprise architects , because it’s a common methodology and framework used in the field. TOGAF definition.

Enterprise 111

Enterprise Software Business Objectives Digital Transformation 111

CIO Business Intelligence

JANUARY 7, 2025

With the AI revolution underway which has kicked the wave of digital transformation 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.

Optimization 98

Optimization Strategy Cost-Benefit Enterprise 98

CIO Business Intelligence

JULY 29, 2024

That has been the objective of The Mosaic Company’s global digital transformation, which aims to yield at least three times its investment of $300 million. Deloitte Digital principal Nate Clark, who worked with Mosaic, emphasizes the end-to-end nature of the transformation, from supply chain to sales.

Digital Transformation 118

Digital Transformation IT Data Lake Sales 118

CIO Business Intelligence

DECEMBER 15, 2023

The persona approach Cushman & Wakefield’s strategy to inject AI into every facet of its workflows hinges on its team of 500 dedicated technologists and thousands of contractors, who are working to develop solutions for various “persona” groups within the enterprise, Companieh says. Cloud Computing, Digital Transformation, Generative AI

Enterprise 105

Enterprise Digital Transformation Marketing Strategy 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

CIO Business Intelligence

AUGUST 19, 2024

As IT decision makers consider new hardware, software, and devices today, they’re less concerned with product specs, speeds, and feeds, and more with how these investments will drive ROI and deliver true business outcomes.

Enterprise 112

Enterprise IT ROI Management 112

bridgei2i

SEPTEMBER 3, 2020

PODCAST: AI for the Digital Enterprise. Episode 5: How Intelligent Operations can become prime advantage for enterprises. How Intelligent Operations can become prime advantage for enterprises. BRIDGEi2i AI accelerators are great examples of tools that enable Intelligent Operations, pan-enterprise, and at scale.

Enterprise 94

Enterprise Insurance Digital Transformation Interactive 94

CIO Business Intelligence

AUGUST 16, 2022

Keith Bentley of software developer Bentley Systems describes digital twins as the biggest opportunity for IT value contribution to the physical infrastructure industry since the personal computer, and they’re used in a wide variety of industries , lending enterprises insights into maintenance and ways to optimize manufacturing supply chains.

Visualization 145

Visualization Cost-Benefit IoT Digital Transformation 145

CIO Business Intelligence

MAY 9, 2022

Enterprise transformation demands technology to work and people to adopt it. The “people” component of enterprise transformation can make or break digital transformation. While strong ROI is compelling, so is the fact that people issues are one of the top enterprise risks.

Technology 97

Technology ROI Metrics Digital Transformation 97

CIO Business Intelligence

AUGUST 3, 2022

Because of this, redesigning the enterprise for the data economy is the chief remit CEOs have for today’s leading-edge CIOs. . When Cargill started putting IoT sensors into shrimp ponds, then CIO Justin Kershaw realized that the $130 billion agricultural business was becoming a digital business. Transformational leadership.

Finance 145

Finance IoT Digital Transformation Sales 145

CIO Business Intelligence

MARCH 6, 2024

While time is of the essence for companies in this transformation process, cybersecurity must not be an afterthought. An explosion of OT assets As digital transformation has built momentum, manufacturers have rapidly increased the number of OT assets connected to their internal networks. To learn more, visit us here.

Manufacturing 126

Manufacturing Cost-Benefit ROI IoT 126

CIO Business Intelligence

MAY 13, 2024

The study identified the top CEO priorities as, among others, leading digital transformation, reducing security risk, strengthening collaboration with executive colleagues, and implementing AI. 1 mandate to for CIOs to lead digital transformation. Business IT Alignment, Digital Transformation, IT Strategy

IT 131

IT Digital Transformation ROI Strategy 131

erwin

OCTOBER 8, 2020

And you can’t risk false starts or delayed ROI that reduces the confidence of the business and taint this transformational initiative. But transforming and migrating enterprise data to the cloud is only half the story – once there, it needs to be governed for completeness and compliance. GDPR, CCPA, HIPAA, SOX, PIC DSS).

Data Governance 145

Data Governance Metadata Testing Data Lake 145

CIO Business Intelligence

MAY 9, 2023

Like most CIOs you’ve no doubt leaned on ROI, TCO and KPIs to measure the business value of your IT investments. Of late, concerns about the public “cloud-first” approach have emerged to challenge business value and skewer ROI, TCO and KPIs. Maybe you’ve even surpassed expectations in each of these yardsticks.

ROI 126

ROI Cost-Benefit KPI Uncertainty 126

CIO Business Intelligence

MARCH 19, 2025

However, embedding ESG into an enterprise data strategy doesnt have to start as a C-suite directive. Complexity of measuring ROI : Unlike traditional business metrics, sustainability initiatives are often difficult to quantify in direct financial terms.

IT 59

IT Data Governance Data-driven Metrics 59

Smart Data Collective

MARCH 2, 2022

There is a significant shift in tools, processes, and skills being used in the enterprise. As a result, low-code/no-code next-gen technologies are starting to reach the enterprise. As enterprises increasingly look to outsource or bring in third-party providers, they are starting to embrace low-code/no-code tools.

Data Science 139

Data Science Enterprise Insurance Digital Transformation 139

Smarten

JANUARY 5, 2023

By embedding BI, you can improve the user adoption rate, lower TCO and improve ROI. Integration APIs provide intuitive, self-serve BI tools from within enterprise applications and public websites so you can put the power of facts, data, and business insight in the hands of business users.’.

ROI 52

ROI Business Intelligence Cost-Benefit Software 52