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

APRIL 18, 2022

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. A leader also needs to devote time and energy to drive a transformation forward.

Digital Transformation 145

Digital Transformation Dashboards Cost-Benefit Consulting 145

CIO Business Intelligence

SEPTEMBER 25, 2023

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.

Digital Transformation 145

Digital Transformation Measurement Data-driven Metrics 145

CIO Business Intelligence

FEBRUARY 13, 2023

With supply chain issues and the impending recession, digital transformation remains a pressing strategic imperative. However, key digital transformation milestones remain out of reach for far too many teams. The findings from this survey are now available in a report entitled “ 2023 Value Stream Management Trends.”

Digital Transformation 145

Digital Transformation Management Reporting Data-driven 145

CIO Business Intelligence

JANUARY 30, 2024

These challenges grow even more pronounced in tracking progress across intricate digital transformation initiatives. When organizations grapple with unreliable reports and moving targets, the true performance of strategic investments is obscured. Conclusion Trust stands as a cornerstone in the digital transformation journey.

Digital Transformation 140

Digital Transformation Metrics Enterprise Optimization 140

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

OCTOBER 23, 2023

These priorities are concretely influencing IT buying decisions: According to a global survey by Enterprise Strategy Group, 98% of IT decision-makers report that IT suppliers’ environmental, social, and governance (ESG) programs influence their IT purchasing decisions, and 85% have eliminated a potential technology supplier due to ESG concerns. [1]

Digital Transformation 126

Digital Transformation Cost-Benefit Metrics Optimization 126

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. Executives at a utility firm reported needing to use 220,000 smart sheets to manage their VSM efforts.

Digital Transformation 126

Digital Transformation Management Reporting Modeling 126

CIO Business Intelligence

NOVEMBER 22, 2022

Digital transformation 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 digital transformation tools are expected to reach $388 billion , growing by 18% a year.

Digital Transformation 145

Digital Transformation Sales Machine Learning Optimization 145

CIO Business Intelligence

OCTOBER 23, 2023

Equinix transparently and routinely reports on our strategic efforts and operational impacts at both an industry and customer level – earning recognition as a leader by the prestigious CDP Climate Change “A” List. This partnership is paving the way for innovation in infrastructure, the cloud market, and digital transformation.

Digital Transformation 126

Digital Transformation Data-driven Reporting Marketing 126

CIO Business Intelligence

FEBRUARY 21, 2023

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 digital transformation, according to CIOs, researchers, and analysts.

Digital Transformation 145

Digital Transformation Marketing Technology Business Driver 145

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. Reporting and analytics. Cloud hosting options.

Digital Transformation 143

Digital Transformation Cost-Benefit Data Processing Interactive 143

CIO Business Intelligence

JUNE 16, 2022

Only about 14% of transformation efforts succeed at all and only 3% of those successes are sustained, reports a major analyst firm. Value Stream Management (VSM) has become increasingly prevalent as the best operational model for those few organizations that have successfully transformed. Digital Transformation

Digital Transformation 141

Digital Transformation Statistics Sales Measurement 141

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

APRIL 24, 2024

“Digital is a powerful business lever,” says Alessandra Luksch, director of the Digital Transformation Academy Observatory at Politecnico di Milano, which has been mapping trends in ICT spending by Italian organizations since 2016. “In From there, the actual digitization project can be implemented. “We

Digital Transformation 105

Digital Transformation Business Intelligence Unstructured Data Data Lake 105

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

OCTOBER 2, 2023

Resistance to digital transformation comes in many forms. Even when the changes are necessary, such as in the case of increased competition from disruptive new entrants or the emergence of transformative technologies, the effort required to overcome internal inertia could exhaust all your magic powers.

Digital Transformation 144

Digital Transformation Manufacturing Software 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. Many at this level have embarked on digital transformation initiatives to improve efficiency and agility.

Digital Transformation 119

Digital Transformation Modeling Management Data-driven 119

CIO Business Intelligence

JULY 9, 2024

Oman, a nation known for its rich cultural heritage and strategic geographic location, is embarking on a transformative journey to modernize its economy through significant investments in digital transformation. The Omani government has taken a proactive stance in driving digital transformation.

Digital Transformation 105

Digital Transformation Insurance Statistics Finance 105

CIO Business Intelligence

JULY 10, 2023

The digital transformation journey for any enterprise is protracted and complex. Nonetheless, these decisions are in the interest of the organization for digital transformation to lend a much-needed competitive edge. Technology leaders often underestimate the complications associated with it.

Digital Transformation 116

Digital Transformation IT Business Objectives Enterprise 116

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. Nutanix commissioned U.K.

Marketing 128

Marketing Data Quality Data Governance Digital Transformation 128

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

MARCH 25, 2025

Forrester reports that 30% of IT leaders struggle with high or critical debt, while 49% more face moderate levels. 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.

Risk 123

Risk Cost-Benefit Data-driven Digital Transformation 123

CIO Business Intelligence

OCTOBER 23, 2024

In a survey of 451 senior technology executives conducted by Gartner in mid-2024, a striking 57% of CIOs reported being tasked with leading AI strategies. While some of the surveyed employees in the US, the UK, Australia, India, and China reported saving an average of 3.6

Enterprise 141

Enterprise Cost-Benefit Broadcasting Risk 141

CIO Business Intelligence

JUNE 12, 2024

Managed infrastructure services provider Kyndryl is considering a bid for competitor DXC Technology, Reuters reported Monday, citing people familiar with the matter. Steven Dickens, vice president of hybrid cloud at The Futurum Group, said that he saw much to be optimistic about if the deal goes through.

Reporting 126

Reporting Technology Consulting Insurance 126

CIO Business Intelligence

APRIL 16, 2024

The next generation of leaders in family businesses is poised to embrace the transformative power of generative AI (GenAI) despite marked resistance from the incumbent leaders, according to a PwC report.

Reporting 105

Reporting Digital Transformation Uncertainty Measurement 105

CIO Business Intelligence

JANUARY 12, 2025

A recent report from the Ministry of Communications and Information Technology, King Abdullah University of Science and Technology, and consultancy firm Hello Tomorrow highlights the rapid growth of deep tech startups in Saudi Arabia, with 50% of these startups focusing on AI and IoT.

IoT 119

IoT Digital Transformation Consulting Technology 119

CIO Business Intelligence

SEPTEMBER 26, 2024

A 2024 PwC report found that 49% of directors see cybersecurity as a significant oversight challenge ( “Overseeing cyber risk: the board’s role,” PwC, January 2024). Correlating all of these activities into a single, easy-to-read, and easy-to-understand report for board members is complicated. This must change, and quickly.

Risk 132

Risk Reporting Digital Transformation Enterprise 132

CIO Business Intelligence

SEPTEMBER 11, 2023

Bahrain EDB As cloud adoption grows, its impact on economies and businesses is starting to show that digital transformation can make good on the utopian promises of innovation and improved public services. The story of success From the start, the Bahraini government’s digital transformation plan was comprehensive and bold.

Digital Transformation 110

Digital Transformation Cost-Benefit Statistics Manufacturing 110

CIO Business Intelligence

NOVEMBER 27, 2024

In his tenure, he has created a roadmap for the over 100-year-old erstwhile tea organization wherein digital transformation has taken centre stage, revamping procurement processes and business trends. From being the beverage of royalty to the comfort of millions, tea’s burgeoning production has made it an economical choice.

Digital Transformation 98

Digital Transformation Forecasting Technology Strategy 98

Rocket-Powered Data Science

FEBRUARY 12, 2021

Repetition implies that the same steps are repeated many times, for example claims processing or business form completion or invoice processing or invoice submission or more data-specific activities, such as data extraction from documents (such as PDFs), data entry, data validation, and report preparation.

ROI 234

ROI Digital Transformation Reporting Machine Learning 234

CIO Business Intelligence

JUNE 10, 2024

Saudi Arabia’s rapid stride towards digital transformation is propelled by a concerted effort between the government and private sectors. As a result, today’s IT leaders increasingly find themselves fulfilling multidimensional, strategic, and collaborative roles with evolved and prominent reporting structures and mandates.

Digital Transformation 98

Digital Transformation Data-driven Data Processing Forecasting 98

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.

IT 122

IT Insurance Consulting Risk 122

CIO Business Intelligence

DECEMBER 3, 2024

Still, other CIOs are the top choice for getting more information about AI, followed by analyst reports, IT vendors, conferences, and IT media. And while three-quarters of CIOs looking for AI expertise turn to their peers for guidance, only 9% believe their fellow CIOs know more about AI than they do.

Strategy 132

Strategy Digital Transformation Machine Learning Consulting 132

CIO Business Intelligence

DECEMBER 10, 2024

According to AI at Wartons report on navigating gen AIs early years, 72% of enterprises predict gen AI budget growth over the next 12 months but slower increases over the next two to five years. That doesnt mean investments will dry up overnight. Many early gen AI wins have centered around productivity improvements.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

CIO Business Intelligence

JULY 10, 2024

In Europe, this attitude has become law, with the Corporate Sustainability Reporting Directive (CSRD) mandating that companies disclose its Environmental, Social, and Corporate Governance (ESG) efforts in annual reports, based on European Sustainability Reporting Standards (ESRS).

Reporting 102

Reporting KPI Metrics Software 102

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.

IT 105

IT Insurance Consulting Risk 105