CIO Business Intelligence

JUNE 10, 2024

Digital transformation programs promise a wealth of advantages, but unforeseen challenges can cancel out measurable value. Careful planning and holistically evaluating your system integration (SI) partner proposals are critical steps in your transformation initiative. What primary risks lead to value erosion?

Digital Transformation 126

Digital Transformation Risk Measurement IT 126

CIO Business Intelligence

MARCH 25, 2025

CIOs perennially deal with technical debts risks, costs, and complexities. While the impacts of legacy systems can be quantified, technical debt is also often embedded in subtler ways across the IT ecosystem, making it hard to account for the full list of issues and risks.

Risk 140

Risk Cost-Benefit Data-driven Digital Transformation 140

CIO Business Intelligence

OCTOBER 24, 2023

As CIOs prepare for the next wave of digital transformation, they must demonstrate shorter-term business impacts from technology investments and achieve larger innovation goals that evolve the organization’s business model.

Digital Transformation 145

Digital Transformation Data-driven Business Objectives Strategy 145

CIO Business Intelligence

MARCH 7, 2023

While digital initiatives and talent are the board directors’ top strategic business priorities in 2023-2024, IT spending is forecasted to grow by only 2.4% The message to CIOs is to do more with less, and the implication is that CIOs must look at digital transformation initiatives differently than in years past.

Digital Transformation 145

Digital Transformation Data Governance Experimentation Machine Learning 145

CIO Business Intelligence

JULY 23, 2024

As a digital transformation leader and former CIO, I carry a healthy dose of paranoia. Call it survival instincts: Risks that can disrupt an organization from staying true to its mission and accomplishing its goals must constantly be surfaced, assessed, and either mitigated or managed. Are stakeholders struggling or unhappy?

Risk 142

Risk IT Risk Management Cost-Benefit 142

CIO Business Intelligence

DECEMBER 19, 2023

The analyst reports tell CIOs that generative AI should occupy the top slot on their digital transformation priorities in the coming year. I wrote in Driving Digital , “Digital transformation is not just about technology and its implementation. Luckily, many are expanding budgets to do so. “94%

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

CIO Business Intelligence

OCTOBER 30, 2023

The past decade in IT has been all about digital transformation. This is perfectly fine in theory because digital transformation should be a continuous journey and not a one-time effort. We’re also now dealing with disruption in all its forms, not just that of digital upstarts arising to eat our market share.

Digital Transformation 143

Digital Transformation Risk Management IoT Cost-Benefit 143

CIO Business Intelligence

OCTOBER 23, 2024

Despite AI’s potential to transform businesses, many senior technology leaders find themselves wrestling with unpredictable expenses, uneven productivity gains, and growing risks as AI adoption scales, Gartner said. This creates new risks around data privacy, security, and consistency, making it harder for CIOs to maintain control.

Enterprise 141

Enterprise Cost-Benefit Broadcasting Risk 141

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

JANUARY 30, 2024

These challenges grow even more pronounced in tracking progress across intricate digital transformation initiatives. Ultimately, these businesses run the increasing risk of falling behind in their markets. These digital operating models help enhance visibility, foster trust, and deliver tangible value.

Digital Transformation 140

Digital Transformation Metrics Enterprise Optimization 140

CIO Business Intelligence

NOVEMBER 13, 2023

So if you are seeking to lead transformational change at your organization, it’s worth knowing the 10 most common reasons why digital transformation fails and what you as an IT leader can learn from those failures. Resistance to change Change is hard, and digital transformation requires a lot of it.

Digital Transformation 143

Digital Transformation Cost-Benefit Experimentation Measurement 143

CIO Business Intelligence

DECEMBER 3, 2024

A new area of digital transformation is under way in IT, say IT executives charged with unifying their tech strategy in 2025. Adopting emerging technology to deliver business value is a top priority for CIOs, according to a recent report from Deloitte. But that will change. “As Mentors are crucial to your success,” he says.

IT 128

IT Testing Software Data-driven 128

CIO Business Intelligence

NOVEMBER 4, 2024

Organizations can maintain high-risk parts of their legacy VMware infrastructure while exploring how an alternative hypervisor can run business-critical applications and build new capabilities,” said Carter. Having a Plan B is table stakes for any IT team. This may involve embracing redundancies or testing new tools for future operations.

IT 124

IT Forecasting Strategy Testing 124

CIO Business Intelligence

FEBRUARY 13, 2023

With supply chain issues and the impending recession, digital transformation remains a pressing strategic imperative. However, key digital transformation milestones remain out of reach for far too many teams. The survey also revealed that digital transformation initiatives are tightly aligned with VSM.

Digital Transformation 145

Digital Transformation Management Reporting Data-driven 145

CIO Business Intelligence

NOVEMBER 18, 2024

Interestingly, developing existing talent is the third most cited focus for digital transformation — a sign that leaders recognize the importance of preparing employees to work with gen AI. Digital transformation harder than ever Despite that emphasis on making the most of AI, banks continue to struggle with digital transformation.

Digital Transformation 141

Digital Transformation Consulting Cost-Benefit Marketing 141

CIO Business Intelligence

MARCH 26, 2024

When you’re guiding a large enterprise on a complex, long-term digital transformation journey, it can be very difficult to know which near-term steps will get you most rapidly to your desired destination. Cox Automotive Within Cox Automotive, the use of VSM has been instrumental in achieving success in digital transformation.

Digital Transformation 131

Digital Transformation Management Optimization Enterprise 131

CIO Business Intelligence

SEPTEMBER 9, 2024

Digital transformation initiatives, for the most part, offer significant advantages—enhancing efficiency, agility, and innovation across the business. As IT landscapes and software delivery processes evolve, the risk of inadvertently creating new vulnerabilities increases.

Risk Management 115

Risk Management Risk Management IT 115

CIO Business Intelligence

DECEMBER 30, 2024

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 digital transformation journey.

IoT 105

IoT Digital Transformation Internet of Things Data-driven 105

CIO Business Intelligence

SEPTEMBER 19, 2023

Although enterprises acknowledge the importance of digital transformation in the current environment of flux, few succeed in their digital initiatives. A major reason so many digital transformation programs fail is that enterprises view them as technology problems rather than the organizational challenges they truly are.

Digital Transformation 130

Digital Transformation Uncertainty Testing Enterprise 130

CIO Business Intelligence

JULY 22, 2024

We know upskilling and reskilling are critical to digital transformation and thriving in the future of work. Yet, despite the investments in IT training, we have a chronic skills shortage that’s causing, on average, digital transformations to fall behind by five months. Learning is failing IT. IT workers understand this.

Digital Transformation 111

Digital Transformation IT Cost-Benefit Software 111

CIO Business Intelligence

OCTOBER 2, 2023

Resistance to digital transformation comes in many forms. And sometimes it takes a wizard — or a CIO with a satchel of magic tricks — to overcome them. You’ll need to persuade employees and middle management to leave their comfort zones and change how they operate. Her magic trick: Hand out Kinder Surprises. And they love it.

Digital Transformation 144

Digital Transformation Manufacturing Software Management 144

CIO Business Intelligence

OCTOBER 20, 2023

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 digital transformation, dumping out all legacy infrastructure along the way. To fuel its transformation, the Northbrook, Ill.-based

Digital Transformation 136

Digital Transformation Insurance Recreation/Entertainment Machine Learning 136

Jen Stirrup

SEPTEMBER 13, 2024

Digital transformation and climate change initiatives have similarities despite having different foci. Digital transformation focuses on integrating digital technologies into all business areas, fundamentally changing how the organisation operates and delivers value to customers. Houston, we have a problem.

Digital Transformation 98

Digital Transformation Technology Modeling Risk 98

CIO Business Intelligence

JUNE 3, 2024

Working in the British public sector, he’d seen a digitalization program fail because of command-and-control management, where gains achieved by a highly centralized approach quickly unravelled when the civil servant at the helm moved on. The next move in citizen engagement will be a digital wallet.

Digital Transformation 111

Digital Transformation Strategy Publishing Risk 111

CIO Business Intelligence

SEPTEMBER 26, 2024

Cybersecurity and systemic risk are two sides of the same coin. As we saw recently with the CrowdStrike outage, the interconnected nature of enterprises today brings with it great risk that can have a significant negative effect on any company’s finances. This should be no surprise since the global average cost of a data breach is $4.88

Risk 132

Risk Reporting Digital Transformation Enterprise 132

CIO Business Intelligence

OCTOBER 21, 2024

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. “New New technologies like AI and IoT are coming into play,” he said, underscoring how these innovations are driving transformation across sectors.

IoT 119

IoT Digital Transformation Measurement Technology 119

CIO Business Intelligence

OCTOBER 10, 2024

At the helm of the Center’s technological evolution is Dr. Fahad Almoqhim, Chief Information Officer (CIO), who has been instrumental in leading the center’s digital transformation. Dr. Almoqhim has spearheaded several transformative initiatives during his tenure. “We

Digital Transformation 121

Digital Transformation IoT Business Intelligence Testing 121

CIO Business Intelligence

NOVEMBER 14, 2024

Migration to the cloud, data valorization, and development of e-commerce are areas where rubber sole manufacturer Vibram has transformed its business as it opens up to new markets. It’s a change fundamentally based on digital capabilities.

ROI 119

ROI B2B Business Objectives Digital Transformation 119

CIO Business Intelligence

OCTOBER 4, 2023

If there’s a company that can boast being 100% digital native, it’s PayPal, the platform that allows companies and consumers to send and receive digital payments in a secure, comfortable and profitable way. User data is also housed in this layer, including profile, behavior, transactions, and risk.

Digital Transformation 132

Digital Transformation Deep Learning Data Lake Risk 132

CIO Business Intelligence

JANUARY 21, 2025

In the ever-changing landscape of digital threats, artificial intelligence (AI) has emerged as both a formidable ally and a dangerous adversary. Gone are the days when simple firewalls and antivirus software could keep our digital assets safe. Theres also the risk of over-reliance on the new systems.

Behavioral Analytics 122

Behavioral Analytics Data-driven Risk Insurance 122

CIO Business Intelligence

JULY 18, 2024

What steps can be taken to minimize the risk of hackers penetrating the mainframe? Add to that the rise of open-source software among mainframe developers, and proactively working to stamp out any security risks becomes even more critical. But only eight percent of those buyers are purchasing IT management software.

Risk 124

Risk Software Insurance Cost-Benefit 124

CIO Business Intelligence

NOVEMBER 19, 2024

IT spending is driven more by a desire to enable business goals, such as growth, and managing risks, including cyberattacks, says Yvette Kanouff, partner at JC2 Ventures, a tech-focused venture capital firm. At the same time, the CEOs surveyed see a focus on short-term performance as the top barrier to innovation.

Cost-Benefit 133

Cost-Benefit Risk Business Objectives Data-driven 133

CIO Business Intelligence

AUGUST 21, 2024

Adding smarter AI also adds risk, of course. “At The big risk is you take the humans out of the loop when you let these into the wild.” According to Gartner, an agent doesn’t have to be an AI model. It can also be a software program or another computational entity — or a robot. And, yes, enterprises are already deploying them.

Risk 136

Risk Insurance Cost-Benefit Software 136

CIO Business Intelligence

AUGUST 6, 2024

Nearly four in 10 CIOs surveyed recently in a recent CIO Sentiment Survey by IDC said they expect to overspend on digital infrastructure over the next 18 months. Talk about digital transformation.” The trick for CIOs who have significant tech debt is to sell it to organization leadership , he says.

IT 141

IT Digital Transformation ROI Consulting 141

CIO Business Intelligence

AUGUST 20, 2024

As many organizations were accelerating digital transformation initiatives, the higher-performing teams excelled at change management and agile planning practices. CIOs have a new opportunity to communicate a gen AI vision for using copilots and improve their collaborative cultures to help accelerate AI adoption while avoiding risks.

IT 141

IT Digital Transformation Experimentation Risk 141

CIO Business Intelligence

JANUARY 24, 2024

Karen Higgins-Carter, previously CIO of Webster Bank, joined Gilbane just over a year ago as CDIO with the responsibility of digitally transforming this 153-year-old business. We’re in an industry that is ripe for transformation,” says Higgins-Carter, pictured above, center. People build buildings.”

Risk Management 118

Risk Management Risk Management Digital Transformation 118

CIO Business Intelligence

JULY 10, 2024

We examine the risks of rapid GenAI implementation and explain how to manage it. These examples underscore the severe risks of data spills, brand damage, and legal issues that arise from the “move fast and break things” mentality. Air Canada was ordered to compensate a customer misled by its chatbot.

Risk 111

Risk Strategy Consulting Cost-Benefit 111