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Ford’s high-tech business transformation, fueled by cloud

CIO Business Intelligence

Ford Pro’s services arm also uses digital tools to provide automated reporting and maintenance of commercial pickups and vans to help customers optimize EV mileage and annual battery use.

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IBM to acquire Octo to boost its US government business

CIO Business Intelligence

The US Federal Government has been investing heavily in IT modernization and cybersecurity, with an estimated budget of $65 billion for 2023 for civilian IT spending, according to a White House report. While application operations and technology consulting revenue both saw an increase of 17%, business transformation revenue grew by 14%.

IBM 98
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Generative AI won’t automate your way to business model innovation

CIO Business Intelligence

Integrating artificial intelligence into business has spawned enterprise-wide automation. One report estimates that 4,000 positions were eliminated by AI in May alone. Restructuring and automating are necessary parts of business survival. This is a time when businesses are required to do so much more with less.

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The 7 Stages Of Big Data Analytics That Every CIO Needs To Know About

The Accidental Successful CIO

This process is generally very manual and revolves around the creation of custom reports based on requests that come into the IT department. This is accomplished through the use of statistical models and algorithms that are tuned to the data available and the environment in which the business operates.

Big Data 233
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AI, predictive analytics top list of hot technologies for banks

CIO Business Intelligence

Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. AI enhances operational efficiency. 5G aids customer service. 5G aids customer service. 5G aids customer service.

Banking 144
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The change management Informatica needed to overhaul its business model

CIO Business Intelligence

What is the business transformation currently underway at Informatica? The business transformation we’ve led for the last several years has many parts; all our products have been re-built as cloud products and we continue our heritage of being neutral about data, supporting cloud, on premise, and hybrid workloads.

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Why CIOs should invest in digital through economic headwinds

CIO Business Intelligence

But released the next day, the 2023 Gartner CIO and Technology Executive Survey revealed that EMEA-based CIOs expect IT budgets to increase 4.4% on average over the next year, somewhat lower than the projected 6.5% global inflation rate.

Energy 141