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. CIOs and other IT leaders share seven secrets of how to get digital transformation right.

Digital Transformation 145

Digital Transformation Dashboards Cost-Benefit Consulting 145

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

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

MARCH 26, 2024

When you’re guiding a large enterprise on a complex, long-term digital transformation journey, it can be very difficult to know which near-term steps will get you most rapidly to your desired destination. Cox Automotive Within Cox Automotive, the use of VSM has been instrumental in achieving success in digital transformation.

Digital Transformation 131

Digital Transformation Management Optimization Enterprise 131

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 survey also revealed that digital transformation initiatives are tightly aligned with VSM.

Digital Transformation 145

Digital Transformation Management Reporting Data-driven 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. e) AI workforce training and development is a major component of AI strategy, though AI implementations consistently outpace training initiatives. organizations. (e)

Strategy 198

Strategy Insurance Snapshot Digital Transformation 198

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

So when he started working on the first digital strategy for the Irish Government, he went for a collegiate-based approach to encourage a shared vision of cross-department co-operation and teamwork. The next move in citizen engagement will be a digital wallet.

Digital Transformation 111

Digital Transformation Strategy Publishing Risk 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

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

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 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. Put your data strategy in business turns.

Risk Management 118

Risk Management Risk Management Digital Transformation 118

CIO Business Intelligence

SEPTEMBER 26, 2024

Cybersecurity and systemic risk are two sides of the same coin. As we saw recently with the CrowdStrike outage, the interconnected nature of enterprises today brings with it great risk that can have a significant negative effect on any company’s finances. This should be no surprise since the global average cost of a data breach is $4.88

Risk 132

Risk Reporting Digital Transformation Enterprise 132

CIO Business Intelligence

MAY 6, 2024

With the cloud being an inevitable part of enterprise digital transformation journeys, IT leaders must keep on top of the latest developments in the cloud market to better predict downstream impacts on their roadmaps. The cloud services landscape is in constant flux.

Marketing 131

Marketing Strategy IT Data Processing 131

CIO Business Intelligence

AUGUST 30, 2023

The portfolio approach to digital transformation is akin to an individual investing different amounts in different stocks to build a portfolio and then expecting different returns from each one of them over a period,” says KPMG’s Rabra. A CIO must take a cautious calculative risk approach.”

Digital Transformation 105

Digital Transformation Experimentation ROI Risk 105

CIO Business Intelligence

OCTOBER 4, 2023

One strategy, five keys From a technological point of view, the brand’s strategic engine is divided into five investment areas. 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.

Digital Transformation 132

Digital Transformation Deep Learning Data Lake Risk 132

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

CIO Business Intelligence

AUGUST 21, 2024

Adding smarter AI also adds risk, of course. “At The big risk is you take the humans out of the loop when you let these into the wild.” When it comes to security, though, agentic AI is a double-edged sword with too many risks to count, he says. “We That means the projects are evaluated for the amount of risk they involve.

Risk 136

Risk Insurance Cost-Benefit Software 136

CIO Business Intelligence

OCTOBER 17, 2024

While tech debt refers to shortcuts taken in implementation that need to be addressed later, digital addiction results in the accumulation of poorly vetted, misused, or unnecessary technologies that generate costs and risks. million machines worldwide, serves as a stark reminder of these risks.

Risk 108

Risk Experimentation Testing Strategy 108

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

AUGUST 8, 2024

Also known as code debt, it’s the accumulation of legacy systems and applications that are difficult to maintain and support, as well as poorly written or hastily implemented code that increases risk over time. Digital transformation success depends on resolving technical debt.

Strategy 109

Strategy Digital Transformation Business Analysis Reporting 109

CIO Business Intelligence

DECEMBER 12, 2024

As businesses race toward digital transformation, Gartner has forecasted a game-changing shift in customer service strategies for Fortune 500 companies. While intended to reduce customer effort, poorly implemented systems risk alienating users, particularly if security or functionality gaps emerge.

Risk 123

Risk Interactive Measurement Digital Transformation 123

CIO Business Intelligence

JULY 22, 2024

Chege, now CEO and principal consultant of Digital Transformation 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. a private cloud).

Optimization 128

Optimization Strategy IT Cost-Benefit 128

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

CIO Business Intelligence

MAY 24, 2023

Yet, as organizations transform, CIOs and their teams are being asked to manage the optimal mix of infrastructure, platform, software, database, storage, and more to meet these new strategic objectives—while also creating sustained value and positioning the organization for the future. Digital transformation itself is advancing rapidly.

Strategy 105

Strategy IT Digital Transformation Optimization 105

CIO Business Intelligence

OCTOBER 8, 2024

For those rare enterprises where innovation is more than a bullet point on a strategy statement embedded keep inside their SEC 10K, there is a repeatable approach for addressing the emerging unknown with great certainty. You risk adding to the hype where there will be no observable value.

Risk 124

Risk Technology Cost-Benefit Internet of Things 124

CIO Business Intelligence

AUGUST 7, 2023

Organizations big and small, across every industry, need to manage IT risk. based IT directors and vice presidents in companies with more than 1,000 employees to determine what keeps them up at night—and it comes as no surprise that one of their biggest nightmares is managing IT risk. trillion annually by 2025.

Risk 98

Risk IT Management Risk Management 98

IBM Big Data Hub

JANUARY 30, 2024

To overcome various challenges associated with multicloud , organizations need to map out a comprehensive multicloud management strategy to achieve overall success. Data silos: With data spread across multiple clouds and platforms, an organization risks creating data silos. What is multicloud architecture?

Strategy 91

Strategy Cost-Benefit Risk Optimization 91

CIO Business Intelligence

DECEMBER 5, 2023

Why is this sector at such risk? How we got here With the rise of digital transformation, we’ve seen the increased convergence of IT and OT systems. It’s a strategic approach that eliminates implicit trust and continuously validates every stage of a digital interaction to secure an enterprise.

Technology 105

Technology Strategy Manufacturing Digital Transformation 105

CIO Business Intelligence

OCTOBER 16, 2023

Two significant changes have prompted a reassessment: first, business transformation projects necessitate comprehensive process evaluations, so the two domains can’t be viewed separately anymore; second, the growing emphasis on security has highlighted the substantial risks of using outdated, unmonitored technology.

Manufacturing 133

Manufacturing Strategy Cost-Benefit IoT 133

CIO Business Intelligence

APRIL 21, 2022

Each must be committed to the agile/digital transformation and must communicate that support clearly throughout the transformation journey. . Business and technology leaders must be committed to the Agile/digital transformation and must communicate this support clearly and continually throughout the transformation process.

Digital Transformation 145

Digital Transformation Key Performance Indicator Risk Testing 145

CIO Business Intelligence

APRIL 1, 2022

Is it digital transformation (the phrase that has launched a thousand consultancies and as many failed strategies)? It is time to root out digital ignorance wherever it may reside in the enterprise. A collection of tactics does not a strategy make. We have aggregated them and call it a strategy.”.

Digital Transformation 145

Digital Transformation Finance Consulting Strategy 145

CIO Business Intelligence

NOVEMBER 25, 2024

When I started at Novanta about five years ago, my first mission was to bring scalability to our Enterprise solutions, as well as developing a digital roadmap to modernize the technology footprint, reduce technical debt, and explore strategies to ensure that we’re growing at scale. We are focusing on productivity.

Digital Transformation 122

Digital Transformation Sales Manufacturing Risk 122

CIO Business Intelligence

MARCH 15, 2023

In reality, generative AI presents a number of new and transformed risks to the organization. A second, more pernicious risk is the fact that ChatGPT can write malware. The malware itself continues to evolve, as do the criminal strategies of the perpetrators. Such is the nature of cybersecurity risk management.

Digital Transformation 126

Digital Transformation Risk Risk Management Strategy 126

CIO Business Intelligence

JULY 10, 2024

Dovico just hit the 90-day mark in her CIO role at Beyond Bank, so she’s still in the listening phase while new a new executive team and business strategies are launched and formalized across the broader organization. But as a technologist, you understand more the risks and controls you need to put in place.

Strategy 118

Strategy Cost-Benefit Uncertainty Technology 118

CIO Business Intelligence

SEPTEMBER 13, 2023

Years into digital transformation, and decades into the IT function itself, many CIOs still fall short when it comes to innovation. Indeed, 50% of C-suite execs surveyed for a 2023 report on digital transformation from fintech company Broadridge admitted they struggle to balance innovation with daily tasks.

IT 136

IT Digital Transformation Risk Cost-Benefit 136