CIO Business Intelligence

OCTOBER 23, 2024

Despite AI’s potential to transform businesses, many senior technology leaders find themselves wrestling with unpredictable expenses, uneven productivity gains, and growing risks as AI adoption scales, Gartner said. CIOs should create proofs of concept that test how costs will scale, not just how the technology works.”

Enterprise 141

Enterprise Cost-Benefit Broadcasting Risk 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

JANUARY 14, 2025

Its typical for organizations to test out an AI use case, launching a proof of concept and pilot to determine whether theyre placing a good bet. But as CIOs devise their AI strategies, they must ask whether theyre prepared to move a successful AI test into production, Mason says. Am I engaging with the business to answer questions?

Strategy 141

Strategy ROI Experimentation Risk 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

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 10, 2024

At the helm of the Center’s technological evolution is Dr. Fahad Almoqhim, Chief Information Officer (CIO), who has been instrumental in leading the center’s digital transformation. Dr. Almoqhim has spearheaded several transformative initiatives during his tenure. “We

Digital Transformation 121

Digital Transformation IoT Business Intelligence Testing 121

CIO Business Intelligence

JANUARY 19, 2023

More importantly, the company’s push toward digital transformation required that IT speed up its decision-making processes. That’s a problem when you’re digitizing the business, says Joe Atkinson, chief products and technology officer at PwC. Royal Caribbean’s Poulter sees teamwork as an essential component of risk reduction.

Testing 134

Testing Digital Transformation Risk Management 134

CIO Business Intelligence

JANUARY 14, 2025

Documentation and diagrams transform abstract discussions into something tangible. By articulating fitness functions automated tests tied to specific quality attributes like reliability, security or performance teams can visualize and measure system qualities that align with business goals. Shawn McCarthy 3.

Enterprise 119

Enterprise Technology Metrics Measurement 119

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

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

Alation

DECEMBER 20, 2022

The future of business is digital. To remain relevant, organizations seek “ digital transformation ,” a business philosophy steeped in change and in which technology plays a heavy hand supporting business models and value propositions. Therefore, one assumes, digital transformation will always lead to success, right?

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Digital Transformation Scorecard Measurement Experimentation 96

CIO Business Intelligence

AUGUST 1, 2023

Digital transformation 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. Digital Transformation, Generative AI, IT Strategy That’s my key advice to CIOs and IT leaders.

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Digital Transformation Unstructured Data Strategy Experimentation 98

CIO Business Intelligence

JANUARY 6, 2025

One of them is Katherine Wetmur, CIO for cyber, data, risk, and resilience at Morgan Stanley. Wetmur says Morgan Stanley has been using modern data science, AI, and machine learning for years to analyze data and activity, pinpoint risks, and initiate mitigation, noting that teams at the firm have earned patents in this space.

IT 140

IT Cost-Benefit Measurement Experimentation 140

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. Assume unknown unknowns.

Risk 108

Risk Experimentation Testing Strategy 108

CIO Business Intelligence

OCTOBER 8, 2024

You risk adding to the hype where there will be no observable value. The learning phase Two key grounding musts: Non-mission critical workloads and (public) data Internal/private (closed) exposure This ensures no corporate information or systems will be exposed to any form of risk. Test the customer waters.

Risk 124

Risk Technology Cost-Benefit Internet of Things 124

CIO Business Intelligence

MAY 23, 2024

“Everything from simple translation services to more advanced solutions for creating product catalogues or risk analyses,” says Nilsson. Among other things, Microsoft Copilot is now being tested in a number of pilot groups, and has been rolled out to parts of management.

Digital Transformation 111

Digital Transformation Measurement Cost-Benefit Data Warehouse 111

CIO Business Intelligence

NOVEMBER 12, 2024

We know with the benefit of hindsight that under-investing in digital transformation meant leaving money on the table. He got there as a result of willingness to test and learn, adopting a growth mindset, and management’s conviction that “where there’s a will, there’s a way” to put genAI to good use.

ROI 72

ROI Uncertainty Metrics Testing 72

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. . In terms of relative significance, software development, testing and implementation are all considered equal. Scale an enterprise mindset . All hands on deck .

Digital Transformation 145

Digital Transformation Key Performance Indicator Risk Testing 145

CIO Business Intelligence

APRIL 8, 2025

Fragmented systems, inconsistent definitions, legacy infrastructure and manual workarounds introduce critical risks. These issues dont just hinder next-gen analytics and AI; they erode trust, delay transformation and diminish business value. Manual entries also introduce significant risks.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

CIO Business Intelligence

SEPTEMBER 17, 2024

Moreover, undertaking digital transformation and technology modernization programs without an architect can lead to delays, technical debt , higher costs, and security vulnerabilities. Mounting technical debt and extending the life of legacy systems are key risks CIOs should be paranoid about.

Enterprise 145

Enterprise Digital Transformation Cost-Benefit Risk 145

CIO Business Intelligence

NOVEMBER 4, 2024

This may involve embracing redundancies or testing new tools for future operations. Organizations can maintain high-risk parts of their legacy VMware infrastructure while exploring how an alternative hypervisor can run business-critical applications and build new capabilities,” said Carter.

IT 124

IT Forecasting Strategy Testing 124

CIO Business Intelligence

OCTOBER 15, 2024

But continuous deployment isn’t always appropriate for your business , stakeholders don’t always understand the costs of implementing robust continuous testing , and end-users don’t always tolerate frequent app deployments during peak usage. CrowdStrike recently made the news about a failed deployment impacting 8.5

Enterprise 143

Enterprise Testing Business Objectives Experimentation 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. More than 20 years ago, data within organizations was like scattered rocks on early Earth.

Management 111

Management Data Governance Data Science Reporting 111

CIO Business Intelligence

AUGUST 16, 2023

But today, Svevia is driving cross-sector digitization projects where new technology for increased safety for road workers and users is tested. When I came in three years ago, it was with the task of digitizing the company,” says Svevia CIO Maria Wester. “In This leads to environmental benefits and fewer transports.

Risk 98

Risk Cost-Benefit Internet of Things Digital Transformation 98

O'Reilly on Data

MARCH 26, 2024

It’s ironic that, in this article, we didn’t reproduce the images from Marcus’ article because we didn’t want to risk violating copyright—a risk that Midjourney apparently ignores and perhaps a risk that even IEEE and the authors took on!) joined Flickr. She uploaded some pictures of her children, Chloe and Jasper.

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Modeling Machine Learning Risk Advertising 322

CIO Business Intelligence

AUGUST 20, 2024

As many organizations were accelerating digital transformation initiatives, the higher-performing teams excelled at change management and agile planning practices. CIOs have a new opportunity to communicate a gen AI vision for using copilots and improve their collaborative cultures to help accelerate AI adoption while avoiding risks.

IT 141

IT Digital Transformation Experimentation Risk 141

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. Some of these components have professional teams that test and maintain them, releasing security patches as needed.

Digital Transformation 126

Digital Transformation Risk Risk Management Strategy 126

CIO Business Intelligence

MAY 30, 2024

You’ll be tested on your knowledge of generative models, neural networks, and advanced machine learning techniques. The videos include an introduction to the course, LLM applications, finding success with generative AI, and assessing the potential risks and challenges of AI.

Digital Transformation 137

Digital Transformation Machine Learning Software Testing 137

CIO Business Intelligence

OCTOBER 18, 2023

And for the past eight years, in an environment that’s increasingly changing and demanding, it’s been on a digital transformation journey to refine its customer service and generate proposals more adapted to its needs. Artificial Intelligence, Change Management, Digital Transformation, Insurance Industry, IT Strategy

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Insurance Digital Transformation Interactive Sales 128

CIO Business Intelligence

DECEMBER 20, 2023

THE BOOM OF GENERATIVE AI Digital transformation is the bleeding edge of business resilience. As transformation is an ongoing process, enterprises look to innovations and cutting-edge technologies to fuel further growth and open more opportunities. Generative AI, No Code and Low Code

Digital Transformation 128

Digital Transformation Testing Software Cost-Benefit 128

Smart Data Collective

SEPTEMBER 17, 2020

These terms are fundamentally tied predominantly to matters involving digital transformation as well as growth in companies. Financial institutions such as banks have to adhere to such a practice, especially when laying the foundation for back-test trading strategies. In this modern age, each business entity is driven by data.

Big Data 145

Big Data Finance Risk Management Risk 145

CIO Business Intelligence

MARCH 18, 2024

We’re at a critical time for digital transformation. But while there’s plenty of excitement and change underway, security risks and vulnerabilities have continued to follow right alongside that innovation. So, with no time to waste, where should they get started?

Risk Management 120

Risk Management Insurance Risk Testing 120

CIO Business Intelligence

NOVEMBER 13, 2023

In practice, this may involve implementing a change tracking system that captures all change requests and their associated details, such as the reason for the change, potential risks, and expected outcomes. Now, because of DevOps, it’s develop, test, develop, test.

Management 133

Management Key Performance Indicator Testing Business Objectives 133

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

erwin

OCTOBER 8, 2020

And you can’t risk false starts or delayed ROI that reduces the confidence of the business and taint this transformational initiative. Map data movement: erwin DI’s Mapping Manager defines data movement and transformation requirements via drag-and-drop functionality. More and more companies are looking at cloud migration.

Data Governance 145

Data Governance Metadata Testing Data Lake 145

CIO Business Intelligence

SEPTEMBER 10, 2024

I built it externally for $50,000 in just five weeks—from concept to market testing. The short tenure of many CIOs and CTOs—often three to four years—can be attributed to their inability to drive digital transformation at the necessary pace or their role as scapegoats for a lack of accountability among other executives.

IT 122

IT Risk Risk Management Predictive Modeling 122