This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Perhaps we got digitaltransformation wrong this whole time. Instead of focusing on the transformation part, we did a lot less transforming and a lot more digitalization. Digitalization is not transformation Remember when the digital revolution promised to transform businesses?
As organizations continue their digitaltransformation (DX) journeys, the role of the CIO evolves. As digitaltransformation becomes a critical driver of business success, many organizations still measure CIO performance based on traditional IT values rather than transformative outcomes.
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. Approach To DigitalMarketing.
Ongoing layoffs in the tech industry and rising demand for AI skills are contributing to a growing mismatch in the IT talent market, which continues to show mixed signals as economic factors and the rise of AI impact budgets and the long-term outlook for IT skills. What is driving tech layoffs?
From nimble start-ups to global powerhouses, businesses are hailing AI as the next frontier of digitaltransformation. The Nutanix State of Enterprise AI Report highlights AI adoption, challenges, and the future of this transformative technology. This allows organizations to maximize resources and accelerate time to market.
The message to CIOs is to do more with less, and the implication is that CIOs must look at digitaltransformation initiatives differently than in years past. Force-multiplying digitaltransformation initiatives aim to accomplish multiple strategic objectives through a single vision and investment.
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
Digitaltransformation represented among the largest investments in technology to modernize businesses starting in the early 2000s. With the rise of generative AI, CEOs recognize an opportunity to shift from technology-led digitaltransformation to executive-led business reformation.
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.
Once a vanguard business strategy, digitaltransformation 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.
Banks hope these shifts will enable them to innovate faster and work more efficiently in a rapidly changing market. Even beyond customer contact, bankers see generative AI as a key transformative technology for their company. AI is therefore the key to reaching the next level of digitaltransformation,” says the banking expert.
The past decade in IT has been all about digitaltransformation. Transformations once envisioned to be a two- or three-year journey, to catch up or get ahead, have become a continuous journey with no end in sight. It’s time to say goodbye to digitaltransformation and hello to the adaptive enterprise.
These challenges grow even more pronounced in tracking progress across intricate digitaltransformation initiatives. Ultimately, these businesses run the increasing risk of falling behind in their markets. Conclusion Trust stands as a cornerstone in the digitaltransformation journey. DigitalTransformation
Despite the best of intentions, CIOs and their organizations often struggle to deliver business outcomes from digitaltransformation strategies. And while KPMG reports that 72% of CEOs have aggressive digital investment strategies, McKinsey details a harsh reality that 70% of transformations fail.
If you think you’re keeping up, think again: One recent study from research firm Gartner found that the majority of CEOs (59%) say digital initiatives take too long and 52% take too long to realize value. The pressure is on to accelerate digitaltransformation, according to CIOs, researchers, and analysts.
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. Others agree.
Guiding our partners to meet their ESG goals Equinix and Dell Technologies tackle the next generation of digitaltransformation by combining our world-class expertise in the data center and enterprise technology markets. We share a combined mission of empowering enterprises to drive growth through technology.
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.
Digitaltransformation is expected to be the top strategic priority for businesses of all sizes and industries, yet organisations find the transformation journey challenging due to digital skill gap, tight budget, or technology resource shortages.
MONDAY, 6 SEPTEMBER 2021 – Corinium Global Intelligence (“Corinium” or “the Group”), the global B2B information service provider of events and market intelligence company, has announced its acquisition of RE•WORK today. Corinium is a specialist market intelligence, advisory and events company. About Corinium Global Intelligence.
Although enterprises acknowledge the importance of digitaltransformation in the current environment of flux, few succeed in their digital initiatives. A major reason so many digitaltransformation programs fail is that enterprises view them as technology problems rather than the organizational challenges they truly are.
When you’re guiding a large enterprise on a complex, long-term digitaltransformation 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 digitaltransformation.
It allows tourism companies to anticipate demand, optimize resource management, and improve sustainability, he says.And in an environment where speed, precision, and personalization are essential, its vital to adopt solutions to improve the customer experience and be on the front foot to new market changes.
Digitaltransformation and climate change initiatives have similarities despite having different foci. Digitaltransformation focuses on integrating digital technologies into all business areas, fundamentally changing how the organisation operates and delivers value to customers.
The high-level discussions explored avenues to deepen the strategic partnership with Google, enhancing Dubai’s role in shaping a future powered by advanced digital technologies. The ambitious agenda seeks to establish Dubai as a global leader in digital sectors while attracting top-tier talent and investors.
Resistance to digitaltransformation comes in many forms. For example, while running the Bitbucket team at Atlassian, Etkin managed to persuade the company founders to abandon their favored distributed version control system (Mercurial) in favor of Git, which represented 80% of the market. “It
For AMD, it’s an opportunity to demonstrate the capability of our AI accelerator portfolio in a market where investment in AI and high-performance computing is starting to boom,” said Zaid Ghattas, META Senior Commercial Lead, AMD.
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.
“Our technology workforce operates on a global scale and in all regions, so we learn different lessons from each one, which we apply in the rest of the markets where we operate,” says Shivananda. Ultimately, the goal is to drive the inclusion, ubiquity and utility of digital assets to further define the future of commerce and value exchange.
We know upskilling and reskilling are critical to digitaltransformation 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, digitaltransformations to fall behind by five months.
By migrating its essential systems to Google Cloud, Almarai now leverages a scalable, flexible, and cost-effective platform designed to accelerate its pace of innovation and enhance resilience in a competitive global market. “At Our partnership with Google Cloud reflects our dedication to innovation and excellence.
With the cloud being an inevitable part of enterprise digitaltransformation journeys, IT leaders must keep on top of the latest developments in the cloud market to better predict downstream impacts on their roadmaps. Here is a closer look at recent and forecasted developments in the cloud market that CIOs should be aware of.
Raduta recommends several metrics to consider: Cost savings and production increases when gen AI targets efficiencies and automation; Faster, more accurate decision-making when gen AI is used to analyze large datasets; Time-to-market and revenue when gen AI drives product innovation by generating new ideas and prototypes.
In his tenure, he has created a roadmap for the over 100-year-old erstwhile tea organization wherein digitaltransformation has taken centre stage, revamping procurement processes and business trends. billion U.S. dollars, and currently stands at 22.39 billion U.S. dollars in 2024.
According to IDC’s Worldwide AI and Generative AI Spending Guide (August 2024) , the global AI market is expected to surge from US$235 billion in 2024 to US$632 billion by 2028. Tencent Cloud stands to benefit, particularly in APAC, where market size is predicted to grow from US$45.4 billion in 2024 to over US$110 billion by 2028.
The company is also applying machine learning (ML) to gather information from various public sources that can be used internally for market and product analysis. Access to data Over the past two years, Getinge has migrated its legacy BI solutions to a modern Power BI environment to make it easier for end users to access the data they need.
Our history is rooted in a traditional distribution model of marketing, selling, and shipping vendor products to our resellers. Many digitaltransformations focus on platforms to support the business, but thats different from running a platform business. This is crucial in a value-driven development model.
In a recent fireside chat featuring leading industry experts from the tech sector, attendees gained valuable insights into how AI platforms can be leveraged to create new growth opportunities and build a sustainable future in the era of digitaltransformation.
With its vast assortment of sensors and streams of data that yield digital insights in situ in almost any situation, the IoT / IIoT market has a projected market valuation of $1.5 This article quotes an older market projection (from 2019) , which estimated “the global industrial IoT market could reach $14.2
Broadcom and Google Clouds continued commitment to solving our customers most pressing challenges stems from our joint goal to enable every organizations ability to digitallytransform through data-powered innovation with the highly secure and cyber-resilient infrastructure, platform, industry solutions and expertise.
ISG Research asserts that by 2026, over two-thirds of enterprises will standardize on a single digital platform for workflow automation and will deploy intelligent automation technologies to eliminate redundant manual work. Such investments position enterprises to respond more effectively to market changes and customer demands.
Back then, Mastercard had around 3,500 employees and a $4 billion market cap. As more AI innovations come to market, financial institutions can leverage the technology for enhanced services, increased efficiency, and new ways to deliver and manage products. Today, we’re a $450 billion company with more than 35,000 employees globally.
Consequently, as organizations everywhere are undergoing significant digitaltransformation, we have been witnessing increases both in the use of RPA in organizations and in the number of RPA products in the market. IA refers to the addition of “intelligence” to the RPA – transforming it into “smart RPA” or even “cognitive RPA”.
As CIO of Avnet one of the largest technology distributors and supply chain solution providers Im responsible for the organizations IT stack and oversee digitaltransformation and strategy. Two critical areas that underpin our digital approach are cloud and artificial intelligence (AI).
We organize all of the trending information in your field so you don't have to. Join 42,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content