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IT as a catalyst for business transformation: Strategies for CIOs

CIO Business Intelligence

Where the widespread adoption of SaaS previously distributed IT and lines-of-business selected and implemented their own applications, the pendulum is now shifting back with CIOs pursuing large-scale transformations to drive value and re-centralize operations.

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McDermott data innovations fuel business transformation

CIO Business Intelligence

Azure represents roughly 70% of McDermott’s cloud load with the remaining data running in SaaS applications on AWS or on premises for engineering applications that require low latency, he says. These products, now available commercially, provide another example of productized IT becoming a revenue generator.

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AI, predictive analytics top list of hot technologies for banks

CIO Business Intelligence

Most chief technology officers believe that microservices are crucial in efforts to build new applications on top of a bank’s core, legacy systems, Forrester noted. Gartner highlights AI trend in banking. Interest in microservices remains relatively low compared to AI and analytics, however. in 2022 to $623 billion globally.

Banking 142
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8 strategic imperatives for SAP transformation success

CIO Business Intelligence

The rise of business transformation initiatives has IT leaders rethinking the way they evaluate, select, and negotiate technology and IT services deals today. Several dynamics are fueling this trend. Re-examining hyperscaler partnerships. Organizations must also re-evaluate their cloud strategy.

SAP 74
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The Best “Curve” Quotes of “Digital Master” Apr, 2020

Future of CIO

" Digital Master ” is a series of guidebooks (28 + books) to perceive the multi-faceted impact digital is making to the businesses and society, help forward-thinking organizations navigate through the journey in a systematic way, and avoid “rogue digital.” Here is a set of “ Curve ” quotes in “ Digital Master. ” Follow us at: @Pearl_Zhu.

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What is digital transformation? A necessary disruption

CIO Business Intelligence

Ideally led by the CEO in partnership with CIOs, CHROs, and other senior leaders, digital transformation requires cross-departmental collaboration to pair business-focused philosophies with rapid application development models. Next, “Horizon 2 is about innovating business models.

Strategy 137
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6 best practices for better vendor management

CIO Business Intelligence

“We need to do our due diligence when selecting a vendor, [including] understanding their capabilities, value proposition, cost, and organizational fit,” says Manav Bhasin, vice president of enterprise applications and transformation with IT services provider Presidio.