Image source: Pixabay When planning for 2023, many business leaders based their decisions on one core goal: building a resilient business model. And amidst an economic downturn and continuing recovery from the pandemic, today’s CIOs have plenty of challenges to contend with. Customer retention, employee engagement, and IT bandwidth are three issues holding back …
4 days of pure e-commerce At E-Commerce Week, learn the most successful strategies of well-known online experts, exchange secret tactics for more leads, customers, and sales, and tell industry leaders about the challenges you and your online business are currently facing. For one week, from March 20 to March 23, you can expect over …
Image source: Pixabay You’ve probably had a conversation about ChatGPT recently; maybe you’ve even played around with this buzzed-about new AI tool. ChatGPT reportedly reached 100 million users in January. We decided to ask our community of experts how they envision this tool helping CIOs and IT leaders tackle challenges big and small. Tod Loofbourrow, CEO …
Image source: Pixabay The economic situation since the pandemic has not improved, thanks to supply chain issues, inflation, continued jolts in the stock market, and the prolonged Russian-Ukraine conflict. Given the grim circumstances, organizational leaders are preparing for tougher times ahead. Right now, leaders are looking to cut costs. This can include reductions in …
Image source: Pixabay Security automation is like a wedding. You can make it as big and grandiose as you want it to be – if you have the budget. There are hundreds of ways to leverage security automation to simplify tedious processes. For instance, improving the detection of and response to security threats, and freeing …
Image source: Pixabay Technology has been growing exponentially for years, doubling by various measures every two years. Industry experts predict digital transformation activities to exceed 3,700B by 2030, with a compound annual growth rate (CAGR) of 23.6 percent. Given this growth rate, business leaders must continuously improve leadership talent, strategic partnerships, and organizational capabilities. Broad interest in …
Image source: Pixabay When you imagine what artificial intelligence (AI) “looks like,” you might be thinking of a synthetic consciousness developed by humans, as many sci-fi movies portray. Apart from the realm of fantasy, AI is simply a system that can perform tasks that normally require human intelligence. These include problem-solving, recognizing emotions, and …
In today’s difficult hiring environment, it’s more important than ever to acknowledge your top performers. These simple strategies can help your teams thrive. Image source: Pixabay Despite recent layoffs in Silicon Valley, most of the country is grappling with an ongoing labor shortage that threatens bottom lines. As this recent survey of popular online employment …
Image source: Pixabay Two years after Socrates Rosenfeld, MBA ’14 graduated from MIT Sloan, he returned to campus with co-founders and an idea: Get into the cannabis industry. Rosenfeld had used cannabis to treat lingering stress and anxiety from his time as a U.S. army ranger and had watched the legalization of recreational marijuana …
Image source: Pixabay Digital advances offer countless competitive advantages and can be a great equalizer for those they serve. However, organizations must consider the risks involved when generating a tidal wave of data and connections. As businesses spend millions of dollars on developing strategic, long-term plans to digitize their processes, enhancing IT and cyber …
Image source: Pixabay Few companies were prepared for the magnitude of change brought about by the pandemic, from employees forced to work from home and new technologies urgently needed to enable this to organizations struggling to adapt to doing business online. But one thing’s for sure – the shift has shown us that there …
Image source: Pixabay The opportunities and the market for artificial intelligence are growing rapidly, and organizations are increasingly relying on it to improve productivity and profitability. However, AI deployment is not without risks – including customer privacy, bias, and security concerns. As AI becomes more embedded in decision-making, the potential to amplify both the …
Are you feeling stuck in your digital transformation initiative? Consider these key questions, which point to some common – but solvable – problems. Image source: Pixabay Nowadays, conversations around digital transformation involve countless definitions, strategies, and implementations. But when all is said and done, success stories are not as common as we might hope. In …
Image source: Pixabay Artificial intelligence and machine learning (AI/ML), often imagined as self-driving cars or human-like robots, is flourishing at the enterprise level as practical business use cases increase. Many companies rely on AI/ML to expedite internal processes, automate mundane tasks, and reduce human error. But some businesses fail to consider that AI ethics are essential …
Image Source: Pixabay Rule-based systems, process robotics, and machine learning – artificial intelligence (AI) take on many different faces in use. Not all of them are used equally in Germany, according to a Deloitte study. Which AI technologies are companies currently using? What implementation strategies are they pursuing? And where do you see the biggest …
Image source: Pixabay Companies today need to continuously reimagine themselves to stay relevant. In a hyper-competitive, fast-moving business landscape, we cannot rest on our laurels or put off digital transformation projects for a better time. This mindset is critical to surviving at a time when digital transformation is flipping traditional business models to better enable …