CIO Business Intelligence

DECEMBER 4, 2024

When Carlo Nizam joined EGA in 2021, he was tasked with leading the company’s digital transformation, 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 digital transformation responsibilities. “We

Digital Transformation 64

Digital Transformation Strategy Data-driven Finance 64

CIO Business Intelligence

JULY 6, 2023

Virtually every organization worth its salt is involved in digital transformation, and those efforts are starting to pay dividends, according to F5’s 2023 State of Application Strategy Report. The second phase entails digital expansion and IT modernization. The second phase entails digital expansion and IT modernization.

Digital Transformation 136

Digital Transformation Machine Learning Reporting Strategy 136

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

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

OCTOBER 30, 2023

The past decade in IT has been all about digital transformation. 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 no longer sufficient to pursue after-the-fact transformations.

Digital Transformation 143

Digital Transformation Risk Management IoT Cost-Benefit 143

CIO Business Intelligence

JANUARY 30, 2024

These challenges grow even more pronounced in tracking progress across intricate digital transformation initiatives. The consequence is an impaired ability to plan effectively and deliver timely results, which can ultimately lead to digital transformation initiatives failing. Digital Transformation

Digital Transformation 140

Digital Transformation Metrics Enterprise Optimization 140

CIO Business Intelligence

JUNE 5, 2023

Digital transformation 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, digital transformation centered on exploring and investing in novel technologies,” Musgrove says.

Digital Transformation 144

Digital Transformation Manufacturing Strategy Management 144

CIO Business Intelligence

JANUARY 18, 2024

New research 1 underscores the common challenges many enterprises face in advancing their Value Stream Management (VSM) maturity levels for digital transformation, emphasizing the crucial need for effective guidance. Recognizing this need, we have created a cutting-edge VSM maturity model. Digital Transformation

Digital Transformation 119

Digital Transformation Modeling Management Data-driven 119

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

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

MAY 20, 2024

The primary benefit of VSM: Digital transformation In a recent VSM trends survey , 96% of respondents indicated they were already benefiting from VSM. That they were able to make progress in digital transformation. Leaders started to realize that this operating model was one of the biggest impediments to transformation.

Digital Transformation 126

Digital Transformation Management Reporting Modeling 126

CIO Business Intelligence

MAY 20, 2024

Feeling a sense of urgency to migrate to the cloud and digitally transform, SAP customers find themselves nearing a point of inflection, with skills shortages and data reservations poised to impact their outcomes. If you really want these models to perform well over time, they’re going to require digital transformation.”

Digital Transformation 128

Digital Transformation Dashboards Modeling Technology 128

CIO Business Intelligence

NOVEMBER 2, 2023

This model slows productivity, increases employee churn, and allows competitors to outpace us. More importantly, attitudes and buy-in from leaders and staff are imperative to successfully transform environments into cloud-enabled, platform-focused, remote-friendly workplaces that allow us to keep pace with our peers.

Digital Transformation 142

Digital Transformation Business Driver Uncertainty Strategy 142

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

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 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

NOVEMBER 5, 2023

Digital transformation 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. Security & Compliance.

Digital Transformation 143

Digital Transformation Cost-Benefit Data Processing Interactive 143

CIO Business Intelligence

JANUARY 28, 2025

As organizations work to embed AI into their operations, investment in the necessary infrastructure, platforms, and skills will be key to supporting this transformation. Several industries in the region are set to undergo significant digital transformation, with AI and emerging technologies taking center stage.

Digital Transformation 52

Digital Transformation Data-driven Experimentation Strategy 52

CIO Business Intelligence

MARCH 25, 2025

After all, a low-risk annoyance in a key application can become a sizable boulder when the app requires modernization to support a digital transformation initiative. Using the companys data in LLMs, AI agents, or other generative AI models creates more risk. Playing catch-up with AI models may not be that easy.

Risk 123

Risk Cost-Benefit Data-driven Digital Transformation 123

CIO Business Intelligence

OCTOBER 4, 2023

PayPal’s deep learning models can be trained and put into production in two weeks, and even quicker for simpler algorithms. This allows us to train models using the latest production data, incorporate new fraud patterns, and get feedback from internal agents and customers.”

Digital Transformation 132

Digital Transformation Deep Learning Data Lake Risk 132

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

NOVEMBER 4, 2024

From nimble start-ups to global powerhouses, businesses are hailing AI as the next frontier of digital transformation. The Nutanix State of Enterprise AI Report highlights AI adoption, challenges, and the future of this transformative technology. AI applications rely heavily on secure data, models, and infrastructure.

Marketing 128

Marketing Data Quality Data Governance Digital Transformation 128

CIO Business Intelligence

JANUARY 2, 2025

Either you didnt have the right data to be able to do it, the technology wasnt there yet, or the models just werent there, Wells says of the rash of early pilot failures. Specific needs Aaron Schroeder, director of analytics and insights at contact center IT vendor TTEC Digital, sees some of the same trends.

Experimentation 144

Experimentation Digital Transformation Technology Finance 144

CIO Business Intelligence

OCTOBER 23, 2024

To address this, Gartner has recommended treating AI-driven productivity like a portfolio — balancing operational improvements with high-reward, game-changing initiatives that reshape business models. You must understand the cost components and pricing model options, and you need to know how to reduce these costs and negotiate with vendors.

Enterprise 141

Enterprise Cost-Benefit Broadcasting Risk 141

CIO Business Intelligence

DECEMBER 20, 2024

Its an offshoot of enterprise architecture that comprises the models, policies, rules, and standards that govern the collection, storage, arrangement, integration, and use of data in organizations. Many organizations today are looking to modernize their data architecture as a foundation to fully leverage AI and enable digital transformation.

Data Architecture 122

Data Architecture Management Consulting Internet of Things 122

CIO Business Intelligence

NOVEMBER 14, 2024

It’s a change fundamentally based on digital capabilities. Our digital transformation has coincided with the strengthening of the B2C online sales activity and, from an architectural point of view, with a strong migration to the cloud,” says Vibram global DTC director Alessandro Pacetti.

ROI 119

ROI B2B Business Objectives Digital Transformation 119

Rocket-Powered Data Science

SEPTEMBER 25, 2022

I was asked by the publisher to provide an editorial review of the book “Building Industrial Digital Twins: Design, develop, and deploy digital twin solutions for real-world industries using Azure Digital Twins“, by Shyam Varan Nath and Pieter van Schalkwyk. The digital twin is more than a data collector. Let us begin….

Diagnostic Analytics 216

Diagnostic Analytics Prescriptive Analytics Internet of Things IoT 216

CIO Business Intelligence

DECEMBER 18, 2024

Our history is rooted in a traditional distribution model of marketing, selling, and shipping vendor products to our resellers. Many digital transformations focus on platforms to support the business, but thats different from running a platform business. This is crucial in a value-driven development model.

Digital Transformation 116

Digital Transformation Metrics Measurement ROI 116

CIO Business Intelligence

OCTOBER 31, 2024

And with his almost 200 IT employees, Thomas Reitz, the company’s group CIO, sees himself primarily as a driver of innovation and transformation, and a promoter of what he calls real ​​digitalization. Reitz has set up a global service model with hubs in three time zones that operate according to the follow-the-sun approach.

IT 89

IT Digital Transformation Machine Learning Data Quality 89

CIO Business Intelligence

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. Gen AI is quite different because the models are pre-trained,” Beswick explains.

IT 122

IT Insurance Consulting Risk 122

CIO Business Intelligence

DECEMBER 17, 2024

As CIO of Avnet one of the largest technology distributors and supply chain solution providers Im responsible for the organizations IT stack and oversee digital transformation and strategy. Two critical areas that underpin our digital approach are cloud and artificial intelligence (AI). But then only five go into production.

Digital Transformation 105

Digital Transformation Data Processing Optimization Machine Learning 105

CIO Business Intelligence

FEBRUARY 6, 2025

The hype around large language models (LLMs) is undeniable. They promise to revolutionize how we interact with data, generating human-quality text, understanding natural language and transforming data in ways we never thought possible. Even basic predictive modeling can be done with lightweight machine learning in Python or R.

Unstructured Data 115

Unstructured Data Manufacturing Data Governance Sales 115

CIO Business Intelligence

APRIL 26, 2024

Once completed within two years, the platform, OneTru, will give TransUnion and its customers access to TransUnion’s behemoth trove of consumer data to fuel next-generation analytical services, machine learning models and generative AI applications, says Achanta, who is driving the effort, and held similar posts at Neustar and Walmart.

Modeling 114

Modeling IT Machine Learning Data Governance 114

CIO Business Intelligence

OCTOBER 23, 2024

The pandemic, for one, pushed organizations to accelerate digital transformation to support a remote workforce, and to adapt to global lockdowns, organizations invested in their technology stacks and teams to do so. “IT What is driving tech layoffs? Several driving factors are behind the mass tech layoffs in recent years.

Marketing 130

Marketing IT Digital Transformation Consulting 130

CIO Business Intelligence

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. Gen AI is quite different because the models are pre-trained,” Beswick explains.

IT 105

IT Insurance Consulting Risk 105

CIO Business Intelligence

DECEMBER 3, 2024

A lack of AI expertise is a problem, however, when other company leaders often turn to CIOs and other IT leaders as the “go-to people” for solving AI problems, says Pavlo Tkhir, CTO at Euristiq, a digital transformation company. “A The technology is advancing quickly, meaning today’s expertise may not apply tomorrow , he adds.

Strategy 132

Strategy Digital Transformation Machine Learning Consulting 132

O'Reilly on Data

MARCH 26, 2024

TL;DR LLMs and other GenAI models can reproduce significant chunks of training data. Researchers are finding more and more ways to extract training data from ChatGPT and other models. And the space is moving quickly: SORA , OpenAI’s text-to-video model, is yet to be released and has already taken the world by storm.

Modeling 322

Modeling Machine Learning Risk Advertising 322