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As the GCC countries continue to evolve into global digital hubs, the adoption of technologies such as 5G, AI, and IoT is accelerating rapidly. Malik noted that 5G has been in the GCC for more than five years, enabling both carriers and industry customers to explore the possibilities of a truly digital world.
Regardless of where organizations are in their digitaltransformation, CIOs must provide their board of directors, executive committees, and employees definitions of successful outcomes and measurable key performance indicators (KPIs). He suggests, “Choose what you measure carefully to achieve the desired results.
Digitaltransformation is indeed a cornerstone of business strategy today, as 89% of enterprises see digital business as core to their growth, according to Gartner’s Board of Directors 2023 Survey. In the earlier phases, digitaltransformation centered on exploring and investing in novel technologies,” Musgrove says.
One of the primary drivers for the phenomenal growth in dynamic real-time data analytics today and in the coming decade is the Internet of Things (IoT) and its sibling the Industrial IoT (IIoT). One group has declared , “IoT companies will dominate the 2020s: Prepare your resume!” trillion by 2030. Now things are the Internet.”.
In order to protect your business from these threats, it’s essential to understand what digitaltransformation entails and how you can safeguard your company from cyber risks. Read on and learn how to keep your data safe and secure while streamlining your business processes in this digital age.
The race to embrace digitaltransformation is on and a lot of organizations are doing everything possible to ensure they digitize every piece of information; this is, however, putting at greater risks of cyber-attacks and data breaches. Trillion by 2024 , it’s obvious that data security challenges will hit new heights.
Recently, EUROGATE has developed a digital twin for its container terminal Hamburg (CTH), generating millions of data points every second from Internet of Things (IoT)devices attached to its container handling equipment (CHE). Their terminal operations rely heavily on seamless data flows and the management of vast volumes of data.
Many organizations today are looking to modernize their data architecture as a foundation to fully leverage AI and enable digitaltransformation. Consulting firm McKinsey Digital notes that many organizations fall short of their digital and AI transformation goals due to process complexity rather than technical complexity.
While digitaltransformation 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. Digitaltransformation is an important component of a modern organization’s business operations.
En route to one of those plants in Missouri, Kietermeyer explained to CIO.com that the combination IoT and edge platform, sensors, and edge analytics rules engine have been successfully employed to address pressure and temperature anomalies and the valve hardware issues that can occur in the diaper-making process.
The ability to provide transparent, data-driven insights and measure progress toward ESG commitments makes the technology leader critical to the success of any ESG strategy. Step 1: Identify enterprise ESG goals that IT can deliver through digitaltransformation. The recommendations below can serve as useful first steps.
Additionally, nuclear power companies and energy infrastructure firms are hiring to optimize and secure energy systems, while smart city developers need IoT and AI specialists to build sustainable and connected urban environments, Breckenridge explains.
German healthcare company Fresenius Medical Care, which specializes in providing kidney dialysis services, is using a combination of near real-time IoT data and clinical data to predict one of the most common complications of the procedure. CIO 100, DigitalTransformation, Healthcare Industry, Predictive Analytics
The rise of the Internet of Things (IoT) as one of the fastest-growing device categories today means that securing your IoT data is more important—and difficult—than ever. By some estimates, as many as 300 billion devices will be connected within the next 10 years, and as that number grows, IoT security concerns will intensify as well.
Furthermore, measuring and monitoring ESG performance required consolidating data from various instruments and functions in diverse locations. The company had little choice but to adopt a digital strategy to realize its sustainability aspirations in the most cost-effective and time-efficient manner. DigitalTransformation
The telecoms industry is at a crossroad As the digital economy wave sweeps our shores, telecom operators—suppliers of ICT infrastructure—face equal measures of challenges and opportunities. With the rise of digitalization, users have higher demands for network coverage and experience, intensifying competition among operators.
In fact, many organizations have begun adopting zero-trust IoT security strategies to protect their IoT data from potential breaches. By some estimates, as many as 300 billion connected devices will be integrated into IoT platforms and IoT applications within the next 10 years. Why is zero trust necessary for IoT?
By embracing technologies such as artificial intelligence (AI), the Internet of Things (IoT) and digital twins, A.S.O. We started working on Tour de France in 2015 and, when we began, the digital capability of the event was very limited,” says Peter Gray, Senior Vice President, Advanced Technology Group (Sport) at NTT.
All the while, robust security measures keep personal information safe and private. Through continuous technology development, cities experience adaptive transformative evolution at breakneck speeds, enabling smart cities to stay ahead of the curve by embracing new innovations.
COVID was a catalyst for digitaltransformation in healthcare, possibly more than for any other industry. CIO Middle East: To what degree are hospitals in the UAE in a process of digitaltransformation – using IT to fundamentally change the way they work?
Data-driven insights are only as good as your data Imagine that each source of data in your organization—from spreadsheets to internet of things (IoT) sensor feeds—is a delegate set to attend a conference that will decide the future of your organization.
The Internet of Things (IoT) has revolutionized the way we interact with devices and gather data. Among the tools that have emerged from this digitaltransformation, IoT dashboards stand out as invaluable assets. IoT dashboards What is IoT Dashboard?
IoT is basically an exchange of data or information in a connected or interconnected environment. As IoT devices generate large volumes of data, AI is functionally necessary to make sense of this data. IoT and AI together make this context, i.e. ‘connected intelligence’ from connected devices. Bringing the power of AI to IoT.
They implement the best practices and regularly measure the performance to understand which areas need improvement. Then, create a systematic approach to measure your efforts, define KPIs, and the state at every stage of the implementation process. Digitaltransformation has taken over the corporate world like a storm.
Cloudera’s customers and partners are among the corporations that are successfully implementing digitaltransformation initiatives with sustainability in mind. This IoT platform is being implemented for a variety of use cases including the following: Determining crop production, fertilizer usage, and yield rates on large farms.
The data is gathered from paper records and advanced technology such as drones, the Internet of Things (IoT), and AI, live and static. EDiSON’s surveillance superpowers During normal times, EDiSON records weather-forecast data up to 15 hours ahead and observation data from IoT seismometers. DigitalTransformation
With the acceleration of digitaltransformation spurred by the pandemic, larger and larger volumes of critical infrastructure and services have become increasingly connected. Digitaltransformation has also led to a growing convergence between OT and information technology (IT).
Service level agreements (SLAs): Contracts between MSPs and their clients outline the level of service expected , the metrics by which this service will be measured, and any remedies that should be undertaken or penalties that should be incurred should service levels not be achieved.
Ongoing innovation in digital technologies is now essential to support its expansion. Oxford Economics, a leader in global forecasting and quantitative analysis, teamed up with Huawei to develop a new approach to measuring the impact of digital technology on economic performance. OceanStor Pacific: Ushering In an Era of HPDA.
Measuring ROI for a sustainable future To deliver value and assure AI’s importance with the organization, Wiedenbeck recognizes that he must demonstrate the value of AI and of his team. To avoid this risk, Ameritas is not yet applying AI to either underwriting or direct customer interaction. “We Contact us today to learn more.
Understanding the many implementation approaches and as-a-service options, as well as the ability to measure return on investment, is critical to building an effective edge strategy,” asserts Jennifer Cooke, research director for IDC’s Edge Trends and Strategies. Edge architectures vary widely. Contact us today to learn more.
Once you have your team in place, spend some time to define what aspect within the organization you’re going to digitallytransform. Remember that digitaltransformation isn’t just about replacing or updating IT infrastructure — it’s also about understanding how to use the new tools to the fullest. 2 – The Process.
By Andy Nallappan, Chief Technology Officer and Head of Software Business Operations, Broadcom Software The information technology that enables scientific and commercial breakthroughs, from precision medicine to digitaltransformation, demonstrates tech’s boundless potential to improve our world.
In digitaltransformation projects, it’s easy to imagine the benefits of cloud, hybrid, artificial intelligence (AI), and machine learning (ML) models. Then, a full scale AI deployment must continuously collect, clean, transform, label, and store larger amounts of data.”. technologies. Rethinking the Data Lifecycle.
As global CIO, Karaboutis is the chief architect of the $20 billion British multinational’s digitaltransformation in the UK as well as in New York and New England. All of that together is how we’re measuring the value of going to the cloud.”. DigitalTransformation, Energy Industry
So, what was it about Telkomsel’s head-on approach to digitaltransformation that caught the judges’ attention? Telkomsel – 2020’s Industry Transformation award winner . A telco undergoing digitaltransformation. And how has the story progressed a year on? Let’s explore….
As part of Heineken’s 2021 EverGreen strategy to commit to future-proof the organization, adapt to market dynamics, and emerge stronger from the pandemic, there’s the objective to digitallytransform the business and its relations with stakeholders.
ChaptGPT was announced in November 2022 and hit the world by surprise,” says Patrick Thompson, former chief information and digitaltransformation officer at Albemarle. While many leaders had been practicing green IT for years, as of 2023, it became imperative to measure it, quantify it, and report on it,” says Herringshaw.
Using DigitalTransformation to mitigate challenges. Experts predict that the CTD sector could mitigate most of the challenges by embracing digitaltransformation and allowing AI and analytics-led solutions to power their businesses in each of these focus areas. said Suvodip Chatterjee, BRIDGEi2i’s Business Head, CTD. “We
“Getting the right people with diverse skill sets and capabilities is critical, and then it’s about finding the right roles for those people and giving them clarity on the vision, strategy, and measures of success,” she says. Watch the full video below for more insights.
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 But we do our best to achieve the right deliveries together.”
Andriole points to the fact that Gartner Group reports that up to 75% of ERP projects fail, with CRM not far behind, and digitaltransformation failing 70% of the time. But the vast majority of organisations often can’t relate to them, they’re too intangible or may be potentially years away. .
Things like: The personal computer The internet The cloud Blockchain The Internet of Things (IoT) Generative artificial intelligence (genAI) One of the worst things about working in technology is the surprise advancements that take the industry by storm. Hype quickly surpasses reality. Don’t (yet) worry about business use cases.
5G technology isn’t a one-size-fits-all solution that can enable digitaltransformation at the touch of a button. Some 5G networks’ download speeds can reach as high as 10 gigabits per second (Gbps) making them ideal for new technologies like artificial intelligence (AI) , machine learning (ML) and Internet of Things (IoT).
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