CIO Business Intelligence

MAY 2, 2023

Despite the best of intentions, CIOs and their organizations often struggle to deliver business outcomes from digital transformation strategies. And while KPMG reports that 72% of CEOs have aggressive digital investment strategies, McKinsey details a harsh reality that 70% of transformations fail.

Digital Transformation 141

Digital Transformation IT Data-driven Data Quality 141

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. Conclusion Trust stands as a cornerstone in the digital transformation journey.

Digital Transformation 140

Digital Transformation Metrics Enterprise Optimization 140

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

JUNE 16, 2022

A value stream is a self-sustaining organization that contains all of the necessary people and roles to deliver value – from the “concept” to “cash” – marketing, legal, procurement, sales, IT, R&D, and of course, the business. This streamlined delivery model reduces complexity and friction and accelerates time to market.

Digital Transformation 141

Digital Transformation Statistics Sales Measurement 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

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

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

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

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.

Digital Transformation 98

Digital Transformation Technology Modeling Risk 98

CIO Business Intelligence

OCTOBER 2, 2023

Resistance to digital transformation 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

Digital Transformation 144

Digital Transformation Manufacturing Software Management 144

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 4, 2023

“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. 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

AUGUST 30, 2023

The portfolio approach to digital transformation is akin to an individual investing different amounts in different stocks to build a portfolio and then expecting different returns from each one of them over a period,” says KPMG’s Rabra. A CIO must take a cautious calculative risk approach.”

Digital Transformation 105

Digital Transformation Experimentation ROI Risk 105

CIO Business Intelligence

FEBRUARY 15, 2023

These are just two examples in a transformation that is impacting every part of the business and all 100,000 employees, as undertaken under the helm of Bijoy Sagar, the multinational’s chief information technology and digital transformation officer. Martha Heller: How would you describe Bayer’s digital transformation?

Digital Transformation 105

Digital Transformation Experimentation Strategy Modeling 105

CIO Business Intelligence

AUGUST 21, 2023

Atos earns the 2023 VMware Partner Worldwide Lifecycle Services Award for enabling end-to-end digital transformations True transformation is often a team effort. No matter what type of transformation, working with a trusted partner can make all the difference. To learn more, visit us here. Cloud Computing

Digital Transformation 98

Digital Transformation Cost-Benefit Software Manufacturing 98

CIO Business Intelligence

DECEMBER 10, 2024

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.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

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.

Digital Transformation 111

Digital Transformation IT Cost-Benefit Software 111

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. Digital Transformation, Generative AI, IT Strategy That’s my key advice to CIOs and IT leaders.

Digital Transformation 98

Digital Transformation Unstructured Data Strategy Data Science 98

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. This is a risk that many organizations don’t consider.

Risk 111

Risk Strategy Consulting Cost-Benefit 111

CIO Business Intelligence

MAY 6, 2024

With the cloud being an inevitable part of enterprise digital transformation 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.

Marketing 131

Marketing Strategy IT Data Processing 131

CIO Business Intelligence

JULY 26, 2023

Digitally transforming a business is never a “one size fits all” strategy. CDI, a VMware partner and VMware Cross-Cloud Managed Services Provider, understands the difficulties facing businesses trying to digitally transform. Organizations often want a digital transformation. Digital Transformation

Digital Transformation 96

Digital Transformation Technology Management Risk 96

CIO Business Intelligence

JANUARY 14, 2025

For CIOs leading enterprise transformations, portfolio health isnt just an operational indicator its a real-time pulse on time-to-market and resilience in a digital-first economy. In todays digital-first economy, enterprise architecture must also evolve from a control function to an enablement platform. Shawn McCarthy 3.

Enterprise 119

Enterprise Technology Metrics Measurement 119

CIO Business Intelligence

JANUARY 6, 2025

One of them is Katherine Wetmur, CIO for cyber, data, risk, and resilience at Morgan Stanley. Wetmur says Morgan Stanley has been using modern data science, AI, and machine learning for years to analyze data and activity, pinpoint risks, and initiate mitigation, noting that teams at the firm have earned patents in this space.

IT 140

IT Cost-Benefit Measurement Experimentation 140

David Menninger's Analyst Perspectives

DECEMBER 31, 2024

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.

Cost-Benefit 130

Cost-Benefit Data-driven Enterprise Business Objectives 130

CIO Business Intelligence

OCTOBER 17, 2024

While tech debt refers to shortcuts taken in implementation that need to be addressed later, digital addiction results in the accumulation of poorly vetted, misused, or unnecessary technologies that generate costs and risks. million machines worldwide, serves as a stark reminder of these risks. Assume unknown unknowns.

Risk 108

Risk Experimentation Testing Strategy 108

CIO Business Intelligence

MAY 23, 2024

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. Everything from simple translation services to more advanced solutions for creating product catalogues or risk analyses,” says Nilsson.

Digital Transformation 111

Digital Transformation Measurement Cost-Benefit Data Warehouse 111

CIO Business Intelligence

JULY 6, 2023

His responsibilities span the entire IT spectrum, encompassing the IT infrastructure and network, Security, SAP, Business applications, Data Analytics, and digital footprint. He is guiding digital transformation across the organization for the last 4 years. On the cloud adoption side, we have a clear policy.

Digital Transformation 98

Digital Transformation Experimentation Recreation/Entertainment Technology 98

CIO Business Intelligence

APRIL 21, 2022

Rapidly responding to dynamic market demands without compromising quality is required for survival. Achieving business transformation and agility requires commitment from leadership at the very top of an organization, including C-suite, business and technology leaders. Scale an enterprise mindset .

Digital Transformation 145

Digital Transformation Key Performance Indicator Risk Testing 145

CIO Business Intelligence

APRIL 30, 2025

AI agents are valuable across sales, service, marketing, IT, HR, and really all business teams, says Andy White, SVP of business technology at Salesforce. Enriching the sales pipeline Jay Upchurch, CIO at SAS, backs agentic AI to enhance sales, marketing, IT, and HR motions. Use cases for AI agents span countless business workflows.

IT 139

IT Sales Cost-Benefit Data-driven 139

CIO Business Intelligence

AUGUST 7, 2023

Organizations big and small, across every industry, need to manage IT risk. based IT directors and vice presidents in companies with more than 1,000 employees to determine what keeps them up at night—and it comes as no surprise that one of their biggest nightmares is managing IT risk. trillion annually by 2025.

Risk 98

Risk IT Management Risk Management 98

CIO Business Intelligence

JUNE 8, 2023

When I talk with business leaders, I often hear metaverse as a marketing focus or an innovation one; usually, it’s not comprehensive and strategically integrated with the business. Ensure your risk infrastructure is calibrated to the technologies, processes, and integrations you really anticipate using. Digital Transformation

Marketing 111

Marketing Recreation/Entertainment Interactive Risk 111

AWS Big Data

OCTOBER 29, 2024

This makes sure that only authorized users or applications can access specific data sets or portions of data, but also reduces the risk of unauthorized access or data breaches. In our example of the global sales dataset, a data steward creates a filter package for each local market that restricts access to the relevant rows and columns.

Data Lake 110

Data Lake Sales Metadata Machine Learning 110

CIO Business Intelligence

SEPTEMBER 17, 2024

Moreover, undertaking digital transformation and technology modernization programs without an architect can lead to delays, technical debt , higher costs, and security vulnerabilities. Mounting technical debt and extending the life of legacy systems are key risks CIOs should be paranoid about.

Enterprise 145

Enterprise Digital Transformation Cost-Benefit Risk 145

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

MARCH 10, 2023

Digital transformation has brought significant adoption of new technology and business models, including cloud solutions, e-commerce platforms, smart devices, and a significantly more distributed workforce. These, in turn, have brought with them an increase in new threats, risks, and cybercrime.

Digital Transformation 143

Digital Transformation Cost-Benefit ROI Risk 143

CIO Business Intelligence

DECEMBER 11, 2024

Digital transformation started creating a digital presence of everything we do in our lives, and artificial intelligence (AI) and machine learning (ML) advancements in the past decade dramatically altered the data landscape. More than 20 years ago, data within organizations was like scattered rocks on early Earth.

Management 111

Management Data Governance Data Science Reporting 111

CIO Business Intelligence

NOVEMBER 12, 2024

We know with the benefit of hindsight that under-investing in digital transformation meant leaving money on the table. If your organization is ambivalent about any of these things, you’re at risk of a genAI ROI doom loop, in which people may try very little and quickly run out of ideas.

ROI 72

ROI Metrics Uncertainty Testing 72