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Leaning into Retail’s Challenges with Digital Transformation

CIO Business Intelligence

By 2026, retailers’ global investments in digital transformation tools are expected to reach $388 billion , growing by 18% a year. Are they successfully untangling their “spaghetti architectures”? Untangling Their ‘Spaghetti Architectures’ Retailers have long used back-end technologies to run specific aspects of their business.

Retail 145
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IFS to acquire enterprise asset management firm Ultimo

CIO Business Intelligence

IFS’ acquisition comes at a time when the EAM market is growing due to the move to cloud architecture, growing demand for an enterprisewide view of assets for strategic planning, and increasing deployment of IoT platforms and devices. billion by 2026, from $3.3 to reach $5.5

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Oracle adds compute services to its Cloud@Customer offering

CIO Business Intelligence

The hardware, according to the company, will come at an approximate cost of $10,000. Enterprises will be able to use the Oracle Cloud Infrastructure (OCI) Console and other tools to control data locality, replication, and backups along with the local consumption of OCI services, the company said.

Oracle 98
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Understanding Digital Interactions in Real-Time

CIO Business Intelligence

The technology that powers this toolset that aims to make critical business decisions quickly is expected to amount to a $50.1 billion market by 2026. An enterprise that focuses on building an event-based architecture for real-time applications will be in a much better position to build a real-time analytics platform.

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Rediscovering the value of information

CIO Business Intelligence

In his dissertation at Stanford in 1976, smartphone pioneer and founder and CEO of General Magic Marc Porat correctly prophesied that the future would be defined by “ information machines, information workers, and information companies.” Data Architecture, Data Management, Privacy

Strategy 124
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5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). The company is embedding AI into each level of the tech stack it sells to customers, he says. “We

Budget 145
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The CIO at a crossroads: Evolve or become a dead-end job

CIO Business Intelligence

While the CIO of the past focused on managing IT operations, that’s no longer the case: “The role has changed and grown as digital technologies have rapidly evolved and companies are faced with more challenges and opportunities.” Line-of-business professionals can now use the cloud to buy their own IT solutions on demand.