CFOs and CIOs understand the importance of getting their relationship right. For CFOs, IT is often one of the largest budget items. For CIOs, 22% of whom report to their CFO, according to Deloitte, earning budget approval is vital to fueling transformation. Yet today the two roles often run on different tracks: one on a…
In my last article, I wrote about how industrial organizations, in the rush to implement new technologies like AI, the cloud, and the Industrial IoT, have found themselves with a technology stack packed with legacy, plumbed-together, on-premises solutions. The result is an environment with not only multiple siloed data sources, each storing, formatting, and securing…
Break down silos. Build cross-functional teams. Bring in business partners. CIOs have been hearing those imperatives for years, with each of those commands addressing the need for IT to work hand-in-hand with the business. [ Learn the new rules of IT-business alignment in the digital era and why IT-business alignment still fails. | Find out…
Like many organizations, MITRE is wrestling with how to make hybrid work effective and seamless and adapting and applying new technologies and lessons learned along the way. CIO.com’s Maryfran Johnson sat down with John Wilson, vice president, CIO and chief security officer at MITRE, to discuss just that. [ Beware the 9 warning signs of…
Although many organizations are using artificial intelligence (AI) and machine language (ML) tools as core enablers in their data analytics projects, and AI spending worldwide continues to rise, the hard truth is that most data science projects are doomed to fail. There are several reasons for these failures, ranging from the inherent complexity of AI/ML…
In this era of constant change, the cutting edge can come from seemingly unlikely places. Squeezed between megabanks and a rash of emerging fintechs, family-owned Vast Bank is seeking to stand out by becoming among if not the first US bank to offer cryptocurrency services directly to retail customers. [ Cut through hype to find…
Compared to early adopters on the road to digital transformation, the infrastructure industry, meaning the “built environment” consisting of the human-made places and spaces in which we live, work, and play, could be considered a laggard. But it is a laggard with enormous market opportunity—to the tune of $21T annually worldwide and an annual spend…
When future economists look back at the exact moment in time when digital transformation became a business priority as opposed to a marketing buzzword, the black swan event of 2020 is likely to be at the top of the list. The connected society was already raising the bar in terms of what needed to be…
Compliance is a fact of life for just about every company — especially in highly regulated industries such as healthcare, financial services, and government. And while compliance is often under the mantel of legal, compliance, risk management, or other departments, IT is certain to be involved in any organization’s compliance efforts. CIOs and other top…
Has your enterprise fallen out alignment? Telltale symptoms include pulling in the wrong direction, poor control, and perhaps worst of all, degrading productivity and results. When IT and business teams fail to align, all parties can expect a bumpy ride. “Digital transformation is driving fundamental change in how an organization delivers value to its customers,”…