Remove Agile Remove Analysis Remove Business Intelligence
article thumbnail

Six steps to creating a successful IT strategy: A guide for CIOs

CIO Business Intelligence

Step 2: Understanding competitors Competitive analysis IT leaders must understand the competitive landscape to position their organization for success. By staying ahead of market trends, the organization remains agile, adaptable, and ready to outperform rivals.

Strategy 334
article thumbnail

Banks bet on AI to deliver digital efficiencies

CIO Business Intelligence

As the study’s authors explain, these results underline a clear trend toward more personalized services, data-driven decision-making, and agile processes. According to the study, the biggest focus in the next three years will be on AI-supported data analysis, followed by the use of gen AI for internal use.

Banking 353
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is data architecture? A framework to manage data

CIO Business Intelligence

Shared data assets, such as product catalogs, fiscal calendar dimensions, and KPI definitions, require a common vocabulary to help avoid disputes during analysis. Optimize data flows for agility. Limit the times data must be moved to reduce cost, increase data freshness, and optimize enterprise agility. Curate the data.

article thumbnail

12 tips for achieving IT agility in the digital era

CIO Business Intelligence

Pre-COVID, agility became an aspiration and rallying cry for organizations seeking to embrace emerging technologies and pursue technology-enabled innovation, often to stave off digital disruption in their industries. This goes beyond implementing agile methodology. Balance control with agility. Think a step ahead.

Agile 364
article thumbnail

What Do CIOs Have To Know About Business Intelligence?

The Accidental Successful CIO

CIOs need to understand how to make use of new business intelligence tools Image Credit: deepak pal. Modern CIOs need to understand that Business intelligence (BI) leverages software and services to transform data into actionable insights that inform an company’s strategic and tactical business decisions.

article thumbnail

6 ways you’re failing at change management

CIO Business Intelligence

You wouldnt hire someone who doesnt know how to write code to develop your software, so why would you expect a project manager or business analyst to drive change management? Change management is a specialized discipline, just like business analysis, user experience development, or business analysis.

article thumbnail

Enter the next phase of Industry 4.0 with edge AI

CIO Business Intelligence

What companies need to do in order to cope with future challenges is adapt quickly: slim down and become more agile, be more innovative, become more cost-effective, yet be secure in IT terms. All kinds of things can be automated The question is, how should businesses go about modernising their own applications effectively?

Industry 306