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IT as a catalyst for business transformation: Strategies for CIOs

CIO Business Intelligence

Automating automation—it’s fertile ground Business transformation has typically focused on automating manual processes, and there are still gains to be made in this area. But the latest trend to watch is meta-automation—essentially automating the process to look for places to automate.

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McDermott data innovations fuel business transformation

CIO Business Intelligence

Plus, analytics on McDermott’s data platform provide the company with key insights about business trends and real-time shifts in its supply chain. “Say we have a customer in Saudi Arabia that cannot travel to Indonesia to do inspections on a structure we’re building for them,” Dave says. “We

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AI’s Achilles heel: Securing the next revolution

CIO Business Intelligence

Artificial intelligence (AI)-enabled systems are driving a new era of business transformation, revolutionizing industries through prescriptive analytics, personalized customer experiences and process automation. Drivers Organizations across industries are using AI to drive business innovation and operational efficiency.

Security 290
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Generac powers business transformation with data, AI

CIO Business Intelligence

IDC’s Bigliani and her colleague Jean-François Segalotto see Generac exemplifying several trends in the energy equipment space: “servitization” (aka selling outcomes as a service) as well as intelligent and predictive strategies. Still, when Dickson joined in August 2020, Generac was a $2.2 billion company.

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5 ways for CIOs to deal with AI proliferation

CIO Business Intelligence

This change affects the entire IT architectural stack and impacts everything youre currently doing from business transformation to digital transformation and more. You cant just move to a single vendor as in the ERP days or develop policies just for physical devices.

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6 IT leadership organizations CIOs should consider joining

CIO Business Intelligence

Vendors and consultants are always eager to share insights into innovations and trends, but exchanging ideas and opinions with colleagues and fellow IT leaders can often be invaluable. He notes that Inspire also sponsors the ORBIE Awards, which honors and showcases members’ accomplishments in innovation, leadership, and excellence.

Trends 334
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AI, predictive analytics top list of hot technologies for banks

CIO Business Intelligence

Gartner highlights AI trend in banking. A report from Gartner identifying trends in the banking and financial sector in 2022 also highlights AI as a top trend in banking, and forecasts that IT spending by banking and investment services firms will grow 6.1% in 2022 to $623 billion globally.

Banking 363