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With more and more companies undertaking the journey of digitaltransformation, the role of the CIO has become critical. He brings expertise in developing IT strategy, digitaltransformation, AI engineering, process optimization and operations. He will also plan and implement the company’s IT and digital strategy.
She feels while the short-term focus will be on crisis-management and survival, businesses will increasingly turn to intelligent automation across sectors once they start recovering. This can only accelerate digitaltransformation journeys businesses have already charted out. Subscribe Now. Transcript. Anushruti: Hi Everyone.
The acceleration in digitaltransformation brought on by the pandemic is now a force to further embrace. . Trend #1: The Crossroads of RiskManagement and Emerging Technology. Artificial intelligence and machine learning (AI/ML) will be central to risk modeling in 2021 and the future.
We discuss how they are running the business of IT and cover subjects like digitaltransformation, business/IT alignment, IT leadership, and leading innovation. Do we know the business outcomes tied to data riskmanagement? Without collaboration, the work of stewards is siloed and needlessly recreated.
One method to ensure this is by sourcing primarily recycled materials, like Patagonia does in the production of its outdoor recreation clothing. Another way to use strategic sourcing methods to reduce costs is through digitaltransformation , such as automating manual processes.
Migrating to Oracle requires thorough planning whether a business intends to adopt the platform for the management of a single process—such as finance or human resources—or migrate the entire organization’s operations into the cloud.
As a result, finance, logistics, healthcare, entertainment media, casino and ecommerce industries witness the most AI implementation and development. AI is used for investments, automating accounting, fraud detection, claims prediction, credit scoring and risk profiling among others. Artificial Intelligence Analytics.
Media and entertainment (54%) was another industry of concern related to the current use of AI. Ensure your program addresses the big picture across AI governance, riskmanagement, ethics, communication, and change management. Of least concern were agriculture (13%), retail (22%), and manufacturing (28%).
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