CIO Business Intelligence

AUGUST 20, 2024

Digital transformation 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 digital transformation to executive-led business reformation.

Digital Transformation 144

Digital Transformation Modeling ROI Strategy 144

CIO Business Intelligence

AUGUST 9, 2023

Once a vanguard business strategy, digital transformation has become a perennial objective for business survival. Digital transformation is the integration of digital technologies into all aspects of business operations. Moreover, digital transformation means doing all that work on a continuous basis.

Digital Transformation 137

Digital Transformation Data-driven Strategy Consulting 137

CIO Business Intelligence

NOVEMBER 4, 2024

From nimble start-ups to global powerhouses, businesses are hailing AI as the next frontier of digital transformation. research firm Vanson Bourne to survey 650 global IT, DevOps, and Platform Engineering decision-makers on their enterprise AI strategy. Nutanix commissioned U.K.

Marketing 128

Marketing Data Quality Data Governance Digital Transformation 128

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

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.

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

OCTOBER 23, 2023

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.

Digital Transformation 126

Digital Transformation Cost-Benefit Metrics Optimization 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

JANUARY 7, 2025

With the AI revolution underway which has kicked the wave of digital transformation 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.

Optimization 98

Optimization Strategy Cost-Benefit Enterprise 98

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

Rocket-Powered Data Science

OCTOBER 16, 2020

While there has been accelerating interest in implementing AI as a technology, there has been concurrent growth in interest in implementing successful AI strategies. 4) Only 26% of respondents reported that AI technologies are being used to replace human labor. You can find and read the full RELX survey report here: [link].

Strategy 198

Strategy Insurance Snapshot Digital Transformation 198

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

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

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

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.-based

Digital Transformation 136

Digital Transformation Insurance Recreation/Entertainment Machine Learning 136

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

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

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 140

Risk Cost-Benefit Data-driven Digital Transformation 140

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. But the CIO had several key objectives to meet before launching the transformation.

IT 122

IT Insurance Consulting Risk 122

CIO Business Intelligence

DECEMBER 10, 2024

CIOs have been able to ride the AI hype cycle to bolster investment in their gen AI strategies, but the AI honeymoon may soon be over, as Gartner recently placed gen AI at the peak of inflated expectations , with the trough of disillusionment not far behind. That doesnt mean investments will dry up overnight.

Sales 143

Sales Metrics Data-driven Measurement 143

CIO Business Intelligence

DECEMBER 11, 2024

Digital transformation started creating a digital presence of everything we do in our lives, and artificial intelligence (AI) and machine learning (ML) advancements in the past decade dramatically altered the data landscape. The choice of vendors should align with the broader cloud or on-premises strategy.

Management 111

Management Data Governance Data Science Reporting 111

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. Wagh Bakri is part of this booming industry, deftly driving business with a blend of strategy and technology. billion U.S.

Digital Transformation 98

Digital Transformation Forecasting Technology Strategy 98

CIO Business Intelligence

APRIL 8, 2025

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.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

CIO Business Intelligence

OCTOBER 10, 2024

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. Blockchain’s decentralized and immutable nature makes it an ideal solution for improving compliance and building trust in ESG reporting.

Metrics 124

Metrics Optimization Strategy Technology 124

CIO Business Intelligence

AUGUST 5, 2022

A vast majority of enterprises globally are overspending in the cloud, according to a new HashiCorp-Forrester report. The report showed that a majority of enterprises surveyed were already using multicloud infrastructures. Further, the report said that 90% of respondents claimed a multicloud strategy is working for their enterprises.

Reporting 124

Reporting Enterprise Cost-Benefit Digital Transformation 124

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. But the CIO had several key objectives to meet before launching the transformation.

IT 105

IT Insurance Consulting Risk 105

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

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

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

JULY 19, 2024

In a report on enterprise resilience and IT skilling strategies , IDC predicts that by 2026, 90% of organizations worldwide will “feel the pain of the IT skills crisis,” ultimately costing businesses upwards of $5.5T Developing the skills necessary to support transformation initiatives builds business resiliency.

Strategy 116

Strategy Digital Transformation Cost-Benefit Consulting 116

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

David Menninger's Analyst Perspectives

DECEMBER 31, 2024

Enterprises that adopt RPA report reductions in process cycle times and operational costs. Investing in task orchestration and management technologies aligns with broader digital transformation strategies necessary for maintaining competitive advantage.

Cost-Benefit 130

Cost-Benefit Data-driven Enterprise Business Objectives 130

CIO Business Intelligence

AUGUST 8, 2024

According to a Protiviti report 1 : Nearly 7 in 10 organizations believe technical debt has a high level of impact on their ability to innovate. Digital transformation success depends on resolving technical debt. Sutton recommends three strategies to help keep technical debt in check.

Strategy 109

Strategy Digital Transformation Business Analysis Reporting 109

CIO Business Intelligence

FEBRUARY 6, 2025

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. They can also automate report generation and interpret data nuances that traditional methods might miss. Theyre impressive, no doubt.

Unstructured Data 115

Unstructured Data Manufacturing Data Governance Sales 115