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It allows tourism companies to anticipate demand, optimize resource management, and improve sustainability, he says.And in an environment where speed, precision, and personalization are essential, its vital to adopt solutions to improve the customer experience and be on the front foot to new market changes.
With the AI revolution underway which has kicked the wave of digitaltransformation into high gear it is imperative for enterprises to have their cloud infrastructure built on firm foundations that can enable them to scale AI/ML solutions effectively and efficiently.
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 digitaltransformation company. “A The technology is too novel and evolving,” he says. “As
When Carlo Nizam joined EGA in 2021, he was tasked with leading the company’s digitaltransformation, 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 digitaltransformation responsibilities. “We
Digitaltransformation represented among the largest investments in technology to modernize businesses starting in the early 2000s. With the rise of generative AI, CEOs recognize an opportunity to shift from technology-led digitaltransformation to executive-led business reformation.
The past decade in IT has been all about digitaltransformation. 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.
The analyst reports tell CIOs that generative AI should occupy the top slot on their digitaltransformation priorities in the coming year. I wrote in Driving Digital , “Digitaltransformation is not just about technology and its implementation. Luckily, many are expanding budgets to do so. “94%
From nimble start-ups to global powerhouses, businesses are hailing AI as the next frontier of digitaltransformation. research firm Vanson Bourne to survey 650 global IT, DevOps, and Platform Engineering decision-makers on their enterprise AI strategy. Nutanix commissioned U.K.
These challenges grow even more pronounced in tracking progress across intricate digitaltransformation initiatives. In this way, teams gain the ability to optimize value delivery and adapt more quickly. At its core, VSM involves a comprehensive analysis and optimization of the end-to-end value flow within the organization.
Digitaltransformation initiatives have picked up in the retail sector in recent years as store chains compete for brand awareness and sales in a rapidly evolving market. By 2026, retailers’ global investments in digitaltransformation tools are expected to reach $388 billion , growing by 18% a year.
The Equinix Global Tech Trends Survey found that 71% of global IT decision-makers agree that sustainability strategy and practices are critical to the longevity of their business, and 65% said their companies would only work with IT partners who can prove they meet key carbon-reduction targets.
Digitaltransformation has become an essential part of business success. According to TEKsystems’ 2023 State of DigitalTransformation , 41% of organizations’ digitaltransformation (DX) initiatives have failed to achieve their desired outcomes. That’s not digitaltransformation. Others agree.
With supply chain issues and the impending recession, digitaltransformation remains a pressing strategic imperative. However, key digitaltransformation milestones remain out of reach for far too many teams. The survey also revealed that digitaltransformation initiatives are tightly aligned with VSM.
Digitaltransformation has embedded IT at the center of business strategy, making all organizations technology enterprises today, irrespective of their industry. It’s little wonder then that CEOs across the world are attaching high importance to digitaltransformation as a means for achieving their future goals.
Removing the physical speaker box on site was a simple concept but a key part of a bigger digitaltransformation Chipotle kicked off in 2018 that led to an explosion in business, in large part because the digital ordering system required less human labor during the pandemic. Chipotle’s digital business in 2022 was $3.5
When you’re guiding a large enterprise on a complex, long-term digitaltransformation journey, it can be very difficult to know which near-term steps will get you most rapidly to your desired destination. Through VSM, teams can enhance visibility, foster alignment, and optimize efficiency across the enterprise.
Chege, now CEO and principal consultant of DigitalTransformation Experts, says he has worked with other companies that have made similar moves. Moreover, these repatriations show how CIOs have a shrewder, more fluid cloud strategy today to ensure they don’t settle for less than what they want. That isn’t always the case.
In a recent interview with Jyoti Lalchandani, IDCs Group Vice President and Regional Managing Director for the Middle East, Turkey, and Africa (META), we explore the key trends and technologies that will shape the future of the Middle East and the challenges organizations will face in their digitaltransformation journey.
If you think you’re keeping up, think again: One recent study from research firm Gartner found that the majority of CEOs (59%) say digital initiatives take too long and 52% take too long to realize value. The pressure is on to accelerate digitaltransformation, according to CIOs, researchers, and analysts.
Feeling a sense of urgency to migrate to the cloud and digitallytransform, 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 digitaltransformation.”
When it comes to IT strategy, Kimberly-Clark Global CIO Manoj Kumbhat makes one thing very clear: This multinational takes a business-first approach to digitaltransformation. We are being smart about it,” he says of the company’s cloud strategy, which is centered in part around its direct-to-consumer business.
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 digitaltransformation, dumping out all legacy infrastructure along the way. To fuel its transformation, the Northbrook, Ill.-based
As businesses increasingly rely on digital platforms to interact with customers, the need for advanced tools to understand and optimize these experiences has never been greater. Enter Gen AI, a transformative force reshaping digital experience analytics (DXA).
The demand for ESG initiatives has become an integral part of a company’s strategy for long-term success, offering a promising future for those who embrace them. This could involve adopting cloud computing, optimizing data center energy use, or implementing AI-powered energy management tools.
Though loosely applied, agentic AI generally refers to granting AI agents more autonomy to optimize tasks and chain together increasingly complex actions. Agentic AI can make sales more effective by handling lead scoring, assisting with customer segmentation, and optimizing targeted outreach, he says.
One of the world’s largest risk advisors and insurance brokers launched a digitaltransformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. But the CIO had several key objectives to meet before launching the transformation.
Digitaltransformation 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. That’s my key advice to CIOs and IT leaders.
Afterwards, we spent some more time discussing his extensive track record with digitaltransformation, including how to set up digital initiatives for success. Dan Roberts: People refer to digitaltransformation in so many different contexts that the term has almost lost all meaning.
As CIO of Avnet one of the largest technology distributors and supply chain solution providers Im responsible for the organizations IT stack and oversee digitaltransformation and strategy. Two critical areas that underpin our digital approach are cloud and artificial intelligence (AI).
Many digitaltransformations focus on platforms to support the business, but thats different from running a platform business. We divided the technical challenges into a few areas, none of which focused on an ERP rationalization strategy. Its not just about cost optimization or uptime. All of this is intertwined.
Many organizations today are looking to modernize their data architecture as a foundation to fully leverage AI and enable digitaltransformation. Consulting firm McKinsey Digital notes that many organizations fall short of their digital and AI transformation goals due to process complexity rather than technical complexity.
My experience at Nutanix thus far has been a deep dive into this transformative journey. CIOs lead digitaltransformation with strategic foresight, technical expertise, and a focus on cybersecurity and customer strategies. The evolving role of the CIO is pivotal in shaping their organization’s future in the digital era.
Investing in task orchestration and management technologies aligns with broader digitaltransformationstrategies necessary for maintaining competitive advantage. Utilizing these technologies helps reinforce the need for IT capabilities to evolve alongside business strategies, thereby enhancing overall organizational agility.
As someone deeply involved in shaping data strategy, governance and analytics for organizations, Im constantly working on everything from defining data vision to building high-performing data teams. In retail, they can personalize recommendations and optimize marketing campaigns. These potential applications are truly transformative.
To reach desired outcomes, the airline had to work on many fronts, such as the initial sponsorship of the decentralizing program, the definition of the strategy, the involvement of key areas, a tactical selection of technology, and creation of hybrid teams between business and IT.
One of the world’s largest risk advisors and insurance brokers launched a digitaltransformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. But the CIO had several key objectives to meet before launching the transformation.
In harmony with that mindset are three guiding principles to drive digitaltransformation: Cloud First, based on a strategic partnership with Microsoft using Microsoft 365 and Dynamics 365, among others. Dashboards and a zero trust strategy also help control the security situation.
But succeeding in the cloud can be complex, and CIOs have continued to fumble their cloud strategies in 2022 in a variety of ways, industry observers say. These three are still a work in progress,” says McGlennon, adding that every mistake identified and fixed leads to a healthier cloud transformation.
This alignment sets the stage for how we execute our transformation. Just as state urban development offices monitor the health of different cities and provide targeted guidance based on each citys unique challenges, our portfolio health dashboard offers a comprehensive view that helps guide different business units toward optimal outcomes.
When it’s done well, every choice is calculated, made mindfully of both its short- and long-run impacts, and of the delicate balance in which it must hold certain key variables — cost, productivity, digital maturity, and the potential to build capabilities that last. Among such leaders is Barry Perkins.
After all, a low-risk annoyance in a key application can become a sizable boulder when the app requires modernization to support a digitaltransformation initiative. Even in the case of moderate to low risk, technical debt impacts can change quickly as business needs evolve.
In this article, I am drawing from firsthand experience working with CIOs, CDOs, CTOs and transformation leaders across industries. I aim to outline pragmatic strategies to elevate data quality into an enterprise-wide capability. This challenge remains deceptively overlooked despite its profound impact on strategy and execution.
Doing everything from strategy, build, deployment, and run is an effective learning tool to understand all the different businesses and what they need to be more effective for their customers. On aligning the overall IT strategy: The Downer Digitalstrategy has three overarching pillars and 12 strategic programs of work.
Build versus buy: A balanced approach Organizations should adopt a mix of build-and-buy strategies tailored to their specific business and technology contexts. IDC’s research enables clients to create grounded business and technology strategies and empowers IT leaders to deliver services and innovation that drive business growth and success.
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