Remove Digital Transformation Remove Metrics Remove ROI
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3 ways to avoid the generative AI ROI doom loop

CIO Business Intelligence

By Bryan Kirschner, Vice President, Strategy at DataStax From the Wall Street Journal to the World Economic Forum , it seems like everyone is talking about the urgency of demonstrating ROI from generative AI (genAI). We know with the benefit of hindsight that under-investing in digital transformation meant leaving money on the table.

ROI 72
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The targeted approach to cloud and data CIOs need for ROI gains

CIO Business Intelligence

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
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10 digital transformation questions every CIO must answer

CIO Business Intelligence

Digital transformation has become an essential part of business success. According to TEKsystems’ 2023 State of Digital Transformation , 41% of organizations’ digital transformation (DX) initiatives have failed to achieve their desired outcomes. That’s not digital transformation. Others agree.

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10 AI strategy questions every CIO must answer

CIO Business Intelligence

So the organization as a whole has to have a clear way of measuring ROI, creating KPIs and OKRs or whatever framework theyre using. What ROI will AI deliver? Manry is mindful that some AI deployments will deliver modest ROIs and others will deliver significant returns.

Strategy 141
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7 secrets of successful digital transformations

CIO Business Intelligence

Organizations that continued full speed ahead with their digital transformation initiatives during the COVID-19 pandemic are able to ruminate on what went right and what they would have done differently, with the benefit of hindsight. But there are lesser-known, less obvious attributes of a successful digital program.

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5 tips for better business value from gen AI

CIO Business Intelligence

Proving the ROI of AI can be elusive , but rushing to achieve it can prove costly. Specify metrics that align with key business objectives Every department has operating metrics that are key to increasing revenue, improving customer satisfaction, and delivering other strategic objectives.

Sales 143
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What is digital transformation? A necessary disruption

CIO Business Intelligence

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.