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

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

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

OCTOBER 21, 2024

“New technologies like AI and IoT are coming into play,” he said, underscoring how these innovations are driving transformation across sectors. Securing these technologies is paramount in a region where digital infrastructure is critical to national development.

IoT 119

IoT Digital Transformation Measurement Technology 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

CIO Business Intelligence

MAY 23, 2024

There is measurable progress, however, as data from the company’s connected products are collected in its own platform, where customers have access to information via a portal. “In 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

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

JUNE 16, 2022

It’s essential for business leaders to monitor work, track progress, and steer execution on a continuous basis with full visibility into potential risks and impacts, so priorities and allocations remain aligned with changing demands. Through VSM, value can be delivered and outcomes can be measured. Digital Transformation

Digital Transformation 141

Digital Transformation Statistics Sales Measurement 141

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. This is a form of advanced convergence achieved by following specific methodologies.

ROI 119

ROI B2B Business Objectives Digital Transformation 119

CIO Business Intelligence

JANUARY 14, 2025

Documentation and diagrams transform abstract discussions into something tangible. By articulating fitness functions automated tests tied to specific quality attributes like reliability, security or performance teams can visualize and measure system qualities that align with business goals. Shawn McCarthy 3.

Enterprise 119

Enterprise Technology Metrics Measurement 119

bridgei2i

JULY 8, 2020

PODCAST: COVID 19 | Redefining Digital Enterprises. Episode 10: COVID-19 | Evolving Trends of Digital Transformation. COVID-19 | Evolving Trends of Digital Transformation. My name is Vignesh, and I help companies succeed in their AI-enabled digital transformation. Listening time: 12 minutes.

Digital Transformation 132

Digital Transformation Enterprise Insurance Risk 132

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.

Digital Transformation 136

Digital Transformation Insurance Recreation/Entertainment Machine Learning 136

CIO Business Intelligence

DECEMBER 10, 2024

Set clear, measurable metrics around what you want to improve with generative AI, including the pain points and the opportunities, says Shaown Nandi, director of technology at AWS. In HR, measure time-to-hire and candidate quality to ensure AI-driven recruitment aligns with business goals.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

Alation

DECEMBER 20, 2022

The future of business is digital. To remain relevant, organizations seek “ digital transformation ,” a business philosophy steeped in change and in which technology plays a heavy hand supporting business models and value propositions. Therefore, one assumes, digital transformation will always lead to success, right?

Digital Transformation 96

Digital Transformation Scorecard Measurement Experimentation 96

CIO Business Intelligence

OCTOBER 4, 2023

This also allows us to have the best in terms of global technology, fraud mitigation and prevention, and cybersecurity measures in all markets, all while complying with local regulations and compliance requirements.” 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

As a secondary measure, we are now evaluating a few deepfake detection tools that can be integrated into our business productivity apps, in particular for Zoom or Teams, to continuously detect deepfakes. Theres also the risk of over-reliance on the new systems. While AI is undoubtedly powerful, its not infallible.

Behavioral Analytics 122

Behavioral Analytics Data-driven Risk Insurance 122

Smart Data Collective

JULY 29, 2021

The race to embrace digital transformation 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.

Digital Transformation 107

Digital Transformation IoT Risk Management 107

CIO Business Intelligence

APRIL 8, 2025

Fragmented systems, inconsistent definitions, legacy infrastructure and manual workarounds introduce critical risks. These issues dont just hinder next-gen analytics and AI; they erode trust, delay transformation and diminish business value. Manual entries also introduce significant risks.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

CIO Business Intelligence

AUGUST 21, 2024

It wasn’t just a single measurement of particulates,” says Chris Mattmann, NASA JPL’s former chief technology and innovation officer. “It It was many measurements the agents collectively decided was either too many contaminants or not.” They also had extreme measurement sensitivity. Adding smarter AI also adds risk, of course.

Risk 136

Risk Insurance Cost-Benefit Software 136

CIO Business Intelligence

OCTOBER 13, 2022

While pandemic-driven digital transformation has enabled the media and entertainment industry to stream awesome content 24/7 – digital technology is also safeguarding visitors, performing artist, and crew at the Eurovision Song Contest by monitoring their Covid-19 exposure levels in real time. So, how does it work?

Risk 98

Risk Broadcasting Recreation/Entertainment Dashboards 98

IBM Big Data Hub

JUNE 14, 2023

According to Debbie Vavangas, IBM Consulting VP, one of the main reasons digital transformation efforts fail is that organizations don’t fully account for the humans involved. In certain circumstances, it’s tempting to remove the human element in a digital transformation.

Digital Transformation 78

Digital Transformation Consulting Metrics Measurement 78

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

IBM Big Data Hub

JANUARY 15, 2024

While digital transformation 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. Digital transformation is an important component of a modern organization’s business operations.

Digital Transformation 69

Digital Transformation Internet of Things IoT Consulting 69

CIO Business Intelligence

OCTOBER 8, 2024

You risk adding to the hype where there will be no observable value. The learning phase Two key grounding musts: Non-mission critical workloads and (public) data Internal/private (closed) exposure This ensures no corporate information or systems will be exposed to any form of risk. Don’t (yet) worry about business use cases.

Risk 124

Risk Technology Cost-Benefit Internet of Things 124

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

IBM Big Data Hub

APRIL 29, 2024

As fintechs race to keep up with the needs of their customers and co-create with larger financial institutions, they can leverage AI and hybrid cloud solutions to drive true digital transformation and meet these evolving demands. “It’s critical financial institutions consider how they can best mitigate risk.

Digital Transformation 70

Digital Transformation Risk Finance Modeling 70

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

John Wheeler

NOVEMBER 25, 2020

Integrated risk management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. Re-starting business operations will require risk visibility not only across the organization but vertically down through the organization as well. Key Findings.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

CIO Business Intelligence

AUGUST 16, 2023

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 This leads to environmental benefits and fewer transports.

Risk 98

Risk Cost-Benefit Internet of Things Digital Transformation 98

CIO Business Intelligence

AUGUST 26, 2024

Digital transformation: Our focus When I joined the Immigrant Services Society of BC (ISSofBC) as CIO, modernization was my first order of business. Thus began a digital transformation journey that has taken the better part of four years. This collaborative approach is accelerating our digital transformation journey.

Digital Transformation 124

Digital Transformation Strategy Finance Sales 124

CIO Business Intelligence

MARCH 19, 2025

Additionally, Deloittes ESG Trends Report highlights fragmented ESG data, inconsistent reporting frameworks and difficulties in measuring sustainability ROI as primary challenges preventing organizations from fully leveraging their data for ESG initiatives.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

OCTOBER 18, 2023

The procedure, often called kidney dialysis, cleansing a patient’s blood, substituting for the function of the kidneys, and is not without risk, however. Fresenius’s machine learning model uses electronic health records comprising intradialytic blood pressure measurements and multiple treatment- and patient-level variables.

Predictive Analytics 133

Predictive Analytics Analytics Machine Learning Internet of Things 133

CIO Business Intelligence

NOVEMBER 15, 2023

As for generative AI’s role in accelerating digital transformation, that’s all about applying the technology to deliver text-to-code and text-to-flow capabilities. While some workers fear that generative AI is going to take away their jobs, Bedi sees little to no risk of that for developers. Measurement is key, he says.

Measurement 134

Measurement Digital Transformation Metrics Sales 134

CIO Business Intelligence

SEPTEMBER 23, 2024

For sectors such as industrial manufacturing and energy distribution, metering, and storage, embracing artificial intelligence (AI) and generative AI (GenAI) along with real-time data analytics, instrumentation, automation, and other advanced technologies is the key to meeting the demands of an evolving marketplace, but it’s not without risks.

Manufacturing 122

Manufacturing Internet of Things Metadata Risk 122

CIO Business Intelligence

SEPTEMBER 13, 2023

Years into digital transformation, and decades into the IT function itself, many CIOs still fall short when it comes to innovation. Indeed, 50% of C-suite execs surveyed for a 2023 report on digital transformation from fintech company Broadridge admitted they struggle to balance innovation with daily tasks.

IT 136

IT Digital Transformation Risk Cost-Benefit 136

CIO Business Intelligence

AUGUST 15, 2024

As organisations adjust to managing remote and hybrid teams, supporting digital transformation, and navigating an uncertain and volatile global economy, they face an ever-expanding landscape of vulnerabilities and increasing risk. Home printers pose an additional risk, particularly those that were purchased by employees.

Risk 111

Risk Digital Transformation Marketing Finance 111

CIO Business Intelligence

DECEMBER 18, 2023

This complexity makes it difficult to achieve the main goals of digital transformation: creating a uniform client experience, a uniform vendor experience, and reaching the right cost structure to achieve this. Outdated hardware also poses security risks. Digital Transformation

Software 119

Software Technology Digital Transformation Data-driven 119