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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

Global Vice President and CIO Vagesh Dave says IT advancements in the cloud, analytics, and data management have transformed McDermott – and its industry – into an innovation engine. Plus, analytics on McDermott’s data platform provide the company with key insights about business trends and real-time shifts in its supply chain.

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Develop Breakthrough Business Models by Trending Emerging Technology

Future of CIO

Can information technology help to design new business models? Is the business model scaling the right way to achieve the strategic objectives? And how to evolve the emerging digital information technology to develop breakthrough business model and innovation? Follow us at: @Pearl_Zhu.

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Product-based IT fuels Lufthansa’s digital CX transformation

CIO Business Intelligence

Standardizing platforms, shifting to product-based IT The pandemic accelerated a general trend in the airline industry toward digital transformation, Rückert says, as it was already clear the public wanted more control of their travel experiences through their mobile devices.

Airlines 144
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How to Leverage IT in Double Jumps of Business Transformation

Future of CIO

Agile Transformation: There are many organizations apply Agile methodologies and practices to develop software, but very few organizations are being agile - following Agile principles and philosophy to run an agile organization. From doing Agile to being agile is a big jump for business transformation.

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AI, predictive analytics top list of hot technologies for banks

CIO Business Intelligence

Another area of interest is microservices, the market research firm said, adding that almost 35% and 33% of developers in financial services use microservices and containers, respectively. Gartner highlights AI trend in banking. in 2022 to $623 billion globally.

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Five-Pillar Framework to Develop the Platform Business

Future of CIO

Here are five essential pillars to build a solid framework for developing a powerful platform business. The business architecture tends to focus on current business state evaluation, gap analysis, capability assessment, and development of the business transformation roadmap to reach a reasonable target future state.