The list of use cases powered by artificial intelligence (AI) and machine learning (ML) technologies is growing exponentially across nearly every business sector. Enterprises of all kinds are leveraging these advanced capabilities and scaling them through automation to improve business process management, sharpen organizational strategies, and reap more analytical and predictive insights from data for […]
A Data-Driven Organization Requires Everyone’s Hands on the Wheel
Companies are driving ahead with data transformation. But so far, the results are mixed: Few companies have achieved their goal of becoming a data-driven organization. So, where are they going off track? First, it’s important to define what it means to be data-driven. Data-driven organizations not only collect data, they collect the right data and use it […]
Unlocking Success with Digital Transformation: A Strategic Roadmap for the Board
Digital transformation presents organizations with immense opportunities, but seizing them requires a strategic approach and careful selection of appropriate technologies. A recent study conducted by Deloitte that examined financial disclosures from over 4,000 global organizations, spanning a decade, revealed that “the right combination of digital transformation actions can unlock as much as $1.25 trillion in additional market […]
What Technologies Should I Include in My Digital Transformation Strategy?
If your enterprise is about to undertake a digital transformation (Dx) project, you should understand that these initiatives require a focus on more than the technology itself. To succeed with a digital transformation strategy, the business must focus on business processes, day-to-day activities and tasks, and the culture within the organization, so that the environment […]
Why Good Data Management Matters Now More Than Ever
In the early days of business analysis and underwriting, data was managed with simply a pen and paper and, of course, Excel spreadsheets. As technology has advanced, databases, warehouses, and data lakes have enabled information to be collected, stored, and managed electronically. But as businesses have rapidly increased the volume, velocity, and variety of data […]
Why CIOs Should Invest in Business Automation
In an increasingly challenging economic environment, it’s essential that chief information officers (CIOs) take a thoughtful approach to investing capital. The 2023 Gartner® CIO and Technology Executive Survey found that more than half of digital initiatives lag behind leadership expectations, with 59% reporting the initiatives take too long to complete and 52% reporting the initiatives take too […]
Forget Data Literacy – Think Decision-Making Literacy
Making decisions is essential to our life. We make decisions every day, several times a day. Sometimes, these decisions are small, like what we will wear today or what we will eat for breakfast. Other times, the decision might be bigger, such as what job to take or whether to move to a new city. […]
How Should a CDO Spend Their Time?
Unlike most C-Suite roles that have certain expectations, the chief data officer (CDO) role is still relatively new, which means it often needs to be defined by CDOs themselves. This can be both a good and bad thing: On one hand, you can carve your role and make it unique, but on the other hand, […]
How Data Integrity Can Maximize Business Value
The last few years have demonstrated how critical it is for businesses to maintain agility and make fast, confident decisions to stay ahead. The resulting economic uncertainty and growth of industry-wide trends, including ESG, cloud migration, and the rise of artificial intelligence and machine learning programs – such as OpenAI’s newly launched GPT-4 model and […]
For Successful Transformations, CIOs Must Evolve
Our world is hybrid and becoming increasingly digitized – a study from McKinsey suggests that the pandemic accelerated companies’ adoption of digital or digitally enabled products by seven years. The ability to connect with one another like never before is exciting, but those connections don’t come without their challenges. For example, each new device communicating with the […]