Why Financial Institutions are Banking on AI

Today, AI-powered banks see advantages in applying the technology to a gamut of mission-critical needs—from customer service and fraud prevention to meeting environmental, social and governance standards. With AI to enhance every line of business and function, banks report significant return on investment (ROI) including the ability to increase productivity, reduce risk and keep customers…

In a Time of Environmental Disruption, DSM ‘Does Something Meaningful’

“Doing Something Meaningful.” The term is instilled in employees at Dutch health, nutrition, and bioscience company Royal DSM N.V. (DSM), a Heerlen-based organization committed to improving global health by setting ambitious environmental, social, and governance (ESG) targets. It’s a lofty ambition in a volatile era in which global businesses are impacted by ongoing inflation and restrained…

6 steps to measure the business value of IT

IT is no longer perceived as a cost factor or a pure support function at many organizations, according to management consultancy 4C Group’s Markus Matschi. And the digitization push during the pandemic accelerated this. But despite such advances, the question of the value contribution of IT isn’t always clearly answered. “Due to the increasing relevance and added value…

Leveraging CIO experience into corporate board work

You’ve had a great CIO career filled with transformational triumphs and award-winning projects and teams. What’s next for your career before you retire? Board service, of course!   With cybersecurity keeping CEOs up at night and digital transformation all the rage, the number of CIOs on corporate boards is increasing. For experienced IT leaders looking to…

CIOs and CDOs: A vital partnership for data value

CIOs collaborate with C-suite colleagues on a regular basis. Given the high value of data and analytics to business, among the most important of these relationships is the one a CIO develops with their chief data officer (CDO). A CDO is responsible for enterprise-wide governance and use of information as an asset, through data analysis, processing, mining,…