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 Metrics 141

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

SEPTEMBER 29, 2022

University leaders have long understood that the future is digital, but thereâ??s highlighting that true business resilience and digital transformation are inseparable. However, there remain significant barriers to the digital transformation of universities. t want to risk a wholesale digital transformation â??

Digital Transformation 125

Digital Transformation Cost-Benefit Risk Software 125

CIO Business Intelligence

JUNE 16, 2022

A major reason for this overwhelming lack of success is the failure to establish an operational model aligned with a world in which strategic pivots need to happen quickly. Value Stream Management (VSM) has become increasingly prevalent as the best operational model for those few organizations that have successfully transformed.

Digital Transformation 141

Digital Transformation Statistics Sales Measurement 141

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

JULY 11, 2022

Digital transformation goes well beyond reducing physical assets to bits. Digital transformation leverages software to re-invent the entire LBGUPS (Learn, Buy, Get, Use, Pay & Support) business value chain. What’s fueling accelerated digital transformation? Cloud and edge computing.

Digital Transformation 111

Digital Transformation Cost-Benefit Software IoT 111

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

JULY 23, 2024

As a digital transformation leader and former CIO, I carry a healthy dose of paranoia. Call it survival instincts: Risks that can disrupt an organization from staying true to its mission and accomplishing its goals must constantly be surfaced, assessed, and either mitigated or managed. Are stakeholders struggling or unhappy?

Risk 142

Risk IT Risk Management Cost-Benefit 142

CIO Business Intelligence

JUNE 3, 2024

Yet privacy activists remained opposed to the public services card, arguing that citizens who change their address should be able to decide which government bodies to tell, while the European model, which Ireland signed up to, is a once-only approach. “We It helped make the noise go away about the murky use of data by governments,” he says.

Digital Transformation 111

Digital Transformation Strategy Publishing Risk 111

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

OCTOBER 4, 2023

User data is also housed in this layer, including profile, behavior, transactions, and risk. We’ve been working on this for over a decade, including transformer-based deep learning,” says Shivananda. PayPal’s deep learning models can be trained and put into production in two weeks, and even quicker for simpler algorithms.

Digital Transformation 132

Digital Transformation Deep Learning Data Lake Risk 132

CIO Business Intelligence

MARCH 8, 2023

Fundamentally, if customers find it too difficult to engage digitally with your business, they’ll engage elsewhere. Digital transformation: The implications for network operations Meeting heightened customer expectations is basically what digital transformation is all about. Digital Transformation

Digital Transformation 98

Digital Transformation Cost-Benefit Data-driven Reporting 98

CIO Business Intelligence

JANUARY 24, 2024

Karen Higgins-Carter, previously CIO of Webster Bank, joined Gilbane just over a year ago as CDIO with the responsibility of digitally transforming this 153-year-old business. We’re in an industry that is ripe for transformation,” says Higgins-Carter, pictured above, center. Hire the right architects.

Risk Management 118

Risk Management Risk Management Digital Transformation 118

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

AUGUST 21, 2024

According to Gartner, an agent doesn’t have to be an AI model. Starting in 2018, the agency used agents, in the form of Raspberry PI computers running biologically-inspired neural networks and time series models, as the foundation of a cooperative network of sensors. “It Adding smarter AI also adds risk, of course. “At

Risk 136

Risk Insurance Cost-Benefit Software 136

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

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

OCTOBER 10, 2022

Bass further expanded the concept to include ways for measuring the success of transformational leadership. This model encourages leaders to demonstrate authentic, strong leadership with the idea that employees will be inspired to follow suit. Transformational leadership model.

Modeling 145

Modeling Digital Transformation Software Manufacturing 145

CIO Business Intelligence

SEPTEMBER 9, 2024

Digital transformation initiatives, for the most part, offer significant advantages—enhancing efficiency, agility, and innovation across the business. As IT landscapes and software delivery processes evolve, the risk of inadvertently creating new vulnerabilities increases.

Risk Management 115

Risk Management Risk Management IT 115

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 279

Modeling Machine Learning Risk Advertising 279

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

APRIL 16, 2024

While warp speed is a fictional concept, it’s an apt way to describe what generative AI (GenAI) and large language models (LLMs) are doing to exponentially accelerate Industry 4.0. The implementation of digital transformation has been underway, but moving slowly for over a decade. Data privacy and security. Bias and fairness.

Manufacturing 142

Manufacturing Digital Transformation Risk Dashboards 142

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

NOVEMBER 25, 2024

At the time I was being hired, there was a desire to make sure that we were advancing as one company and coming up to scale with higher revenue and different business models. But you need to balance the innovation with the risk that comes along with it. There’s a lot of risk from the data, from copyrighted information and so on.

Digital Transformation 122

Digital Transformation Sales Manufacturing Risk 122

CIO Business Intelligence

AUGUST 20, 2024

Our mental models of what constitutes a high-performance team have evolved considerably over the past five years. Post-pandemic, high-performance teams excelled at remote and hybrid working models, were more empathetic to individual needs, and leveraged automation to reduce manual work. What is a high-performance team today?

IT 141

IT Digital Transformation Experimentation Risk 141

CIO Business Intelligence

DECEMBER 8, 2022

Here’s a proposition to consider: among the ranks of large enterprises, commercial success increasingly relies on digital transformation. In turn, digital transformation relies on modernized enterprise networks that deliver flexibility, performance and availability from the edge to the cloud.

Digital Transformation 145

Digital Transformation Risk Reporting Cost-Benefit 145

Smart Data Collective

JULY 9, 2021

It also helps with creating a solid hiring model. It has been shown that big data can minimize employment risks during the hiring process. Choosing the right staffing model. There are different staffing models available to companies. A data-driven approach to choosing a staffing model can be very helpful.

Data Analytics 135

Data Analytics Management Analytics Big Data 135

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

JANUARY 4, 2023

Experts point to Southwest’s point-to-point operating model as problematic in recovering from major weather issues compared to the hub-and-spoke model used by many major airlines. Are you investing enough in digital transformation? And how much are they investing in their digital transformation?

Digital Transformation 144

Digital Transformation Software Forecasting Technology 144

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

MAY 30, 2024

You’ll be tested on your knowledge of generative models, neural networks, and advanced machine learning techniques. Cost : $249 Databricks Generative AI Fundamentals Certificate Databricks offers a Generative AI Fundamentals certificate program that helps you understand the basics of large language models (LLMs) and generative AI.

Digital Transformation 137

Digital Transformation Machine Learning Software Testing 137

CIO Business Intelligence

OCTOBER 17, 2023

We’ve all heard this mantra: “Secure digital transformation requires a true zero trust architecture.” The cloud native platform stands on four pillars supporting a comprehensive platform that secures, simplifies, and transforms businesses. But what exactly does that mean? Zero trust has come a long way.

Digital Transformation 143

Digital Transformation B2B IoT Cost-Benefit 143

CIO Business Intelligence

MAY 28, 2022

Eight years ago, McGlennon hosted an off-site think tank with his staff and came up with a “technology manifesto document” that defined in those early days the importance of exploiting cloud-based services, becoming more agile, and instituting cultural changes to drive the company’s digital transformation.

Insurance 145

Insurance Machine Learning Digital Transformation Cost-Benefit 145

CIO Business Intelligence

JULY 26, 2024

Despite digital transformation being a highly effective way to further develop the long-term business model, it can be a very drawn-out and arduous process. It also means some individual cloud projects fail, there’s been a change of provider, or there’s some disillusionment regarding costs of new cloud operating models.

Digital Transformation 142

Digital Transformation Cost-Benefit Data Processing Risk 142

CIO Business Intelligence

JANUARY 19, 2023

More importantly, the company’s push toward digital transformation required that IT speed up its decision-making processes. That’s a problem when you’re digitizing the business, says Joe Atkinson, chief products and technology officer at PwC. Royal Caribbean’s Poulter sees teamwork as an essential component of risk reduction.

Testing 134

Testing Digital Transformation Risk Management 134

CIO Business Intelligence

OCTOBER 14, 2024

Taylor adds that functional CIOs tend to concentrate on business-as-usual facets of IT such as system and services reliability; cost reduction and improving efficiency; risk management/ensuring the security and reliability of IT systems; and ongoing support of existing technology and tracking daily metrics.

Digital Transformation 131

Digital Transformation Experimentation Cost-Benefit Risk 131