CIO Business Intelligence

FEBRUARY 16, 2024

Vipul Nagrath, who was global CIO of ADP during the company’s early embrace of the cloud, spearheaded ADP’s companywide digital transformation, which started in earnest five years ago fueled by the company’s hybrid cloud. There’s a brand-new wave of digital transformation that’s coming,” he says.

Digital Transformation 116

Digital Transformation Experimentation Cost-Benefit Machine Learning 116

CIO Business Intelligence

SEPTEMBER 11, 2023

Translating the CEO’s strategy Another legacy organization, 105-year-old The Teachers Insurance and Annuity Association of America (TIAA), has “a specific focus on elevating data and digital fluency” across the organization, says Sastry Durvasula, CIO and client services officer. “Our

Digital Transformation 135

Digital Transformation ROI Strategy Data Science 135

CIO Business Intelligence

APRIL 20, 2023

In a recent article , we discussed the connection between digital transformation, innovation, and rising IT complexity. Meeting the renewal demands of cyber-insurance carriers for stricter mean time to patch and mean time to repair standards. For example, ABB Americas’ estimated ROI of its investment in Tanium is $1.75

Cost-Benefit 72

Cost-Benefit ROI Digital Transformation Software 72

CIO Business Intelligence

APRIL 19, 2022

Vendors, by making indistinguishable claims about digital transformation and process automation, suggest similar outcomes. Digital transformation cannot be achieved through purely tech-enabled, service-led approaches, with the promise to build autonomous enterprises with low code, flexible applications, etc.

Digital Transformation 111

Digital Transformation Insurance ROI Business Objectives 111

CIO Business Intelligence

DECEMBER 5, 2023

But as digital transformation efforts have intensified in recent years, CIOs have had fewer opportunities to pause and reevaluate IT’s financial situation. Even as they recognize digital transformation as the primary driver of business growth, many CEOs expect IT to do it all while keeping budgets flat.

IT 138

IT Cost-Benefit ROI Digital Transformation 138

IBM Big Data Hub

NOVEMBER 10, 2023

Since 2021, healthcare insurance companies also known as payers, that set service rates, collect payments, process claims, and pay healthcare provider claims, have the obligation to comply with the interoperability requirements set in 2020. These requirements enable the exchange of important data between healthcare payers and providers.

Cost-Benefit 95

Cost-Benefit Insurance Consulting Unstructured Data 95

bridgei2i

JUNE 24, 2020

In our AI to Impact podcast, we’ve been chatting with repulated AI and analytics leaders, digital transformation advisors and BRIDGEi2i business heads to gather their view on the current crisis, its impact on various industries and also discussing some of the tactics to address the business challenges. Listen Now.

B2B 117

B2B Enterprise Sales Digital Transformation 117

IBM Big Data Hub

APRIL 4, 2024

The need for private cloud settings is also closely linked to a hybrid cloud approach—the integration of on-premises, private cloud and public cloud into a single, flexible IT infrastructure—which is an essential part of the enterprise-business digital transformation journey.

Data Processing 91

Data Processing Cost-Benefit Software Digital Transformation 91

John Wheeler

OCTOBER 21, 2019

These plans help inform the decision to purchase cyber insurance and determine the amount of coverage needed. This strategic view of risk (good vs. bad) supports the decision making behind digital transformation – creating new digital products and services to deliver greater results.

Risk 53

Risk Risk Management Digital Transformation Insurance 53

Smart Data Collective

MARCH 2, 2022

Every IT department faces the same problem of diminishing budgets and increasing pressures to prove ROI for every initiative. One area of enterprise digital transformation that can be solved with no-code is customer data collection, such as forms and paperwork in insurance and banking. Need for cost savings.

Data Science 113

Data Science Enterprise Insurance ROI 113

Cloudera

AUGUST 22, 2021

Cloudera recently appointed a Cloud Director for Asia Pacific (APAC), Stevie Walsh, to help drive our hybrid and multi-cloud offerings in the region, supporting our customers in accelerating their digital transformation journey. I touched on some of the challenges earlier – migration and its complexity, faster ROI and all.

Cost-Benefit 105

Cost-Benefit IoT Strategy ROI 105

CIO Business Intelligence

APRIL 22, 2024

He assigns technologists who have an aptitude for business and accounting to roles that enable them to identify and pursue transformation opportunities. He has divided his 170 workers into two groups, with 60% of them focused 100% on digital transformation and the remainder focused on operational IT.

IT 126

IT Data-driven Strategy Consulting 126

IBM Big Data Hub

FEBRUARY 14, 2024

AIOps is one of the fastest ways to boost ROI from digital transformation investments. Insurance With AI, the insurance industry can virtually eliminate the need for manual rate calculations or payments and can simplify processing claims and appraisals.

Cost-Benefit 82

Cost-Benefit Insurance Unstructured Data Machine Learning 82

bridgei2i

SEPTEMBER 3, 2020

AI-led Intelligent Operations can help a lot and, in fact, already transforming these areas—be it developing smart apps for banking or using drones to do damage surveys for insurance—with its exceptional ability to detect anomalies and recommend next-best options. So, you know, think about an insurance company.

Enterprise 94

Enterprise Insurance Digital Transformation Interactive 94

bridgei2i

NOVEMBER 3, 2021

What advice would you give these companies when it comes to adopting AI solutions with an ROI lens? [12:57] We have covered a whole range of topics across how enterprises are adopting AI and what it means for them in the context of digital transformation. 12:57] Aditya is known to contribute to society in many ways.

Manufacturing 52

Manufacturing Enterprise ROI Digital Transformation 52

Ontotext

APRIL 3, 2024

Aurelije Zovko : For me, it is a digital transformation. This ties in with the point about digital transformation as well as with making sure data-centricity is at the root of our approach. For example, when I want to insure some property and want to find out if the CEO has been involved in crime. Show me the ROI.”

Technology 59

Technology Risk Digital Transformation Measurement 59

Data Virtualization

NOVEMBER 4, 2020

“Technology changes, economic laws do not.” This is one of the most important concepts highlighted in 1994 by Carl Shapiro and Hal R. Varian in their book Information Rules. This simple idea describes the importance of the real effectiveness of.

Internet of Things 52

Internet of Things Technology Digital Transformation ROI 52

CIO Business Intelligence

JULY 26, 2023

The residential real estate industry may not be perceived to be as digitally aggressive as Wall Street titans and multinational manufacturing conglomerates. Augmenting real estate relationships with data Keller Williams, another leading residential player, also kicked off its digital transformation roughly seven years ago.

Data Lake 98

Data Lake Digital Transformation Machine Learning Data Architecture 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 Experimentation 98

CIO Business Intelligence

NOVEMBER 7, 2022

Panorama Consulting Solutions, which regularly surveys businesses on the outcomes of their ERP projects, shows in its 2022 report that 81% of projects met ROI expectations a year or more after go-live. The move to a cloud-based ERP system came several years into a broader digital transformation at Ranpak.

Manufacturing 128

Manufacturing Cost-Benefit Sales Consulting 128

CIO Business Intelligence

AUGUST 7, 2024

“We recognized AI’s potential to revolutionize the digital landscape and understood that the conventional SOC model needed to evolve.” The company handles 700-plus claims annually, and it relies on insurance to mitigate financial risks. So, from a software development perspective, the ROI is huge.

IT 119

IT Insurance Cost-Benefit Testing 119

Andrew White

JANUARY 11, 2021

As such banking, finance, insurance and media are good examples of information-based industries compared to manufacturing, retail, and so on. Our operational teams are dissuaded from embracing D&A pilot programs into their operations because the ROI is so small. How do we verify ROI on data and analytics efforts?

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52