The healthcare cloud computing market is growing rapidly and is expected to exceed $62 billion by 2030. As cloud-based solutions become more prevalent in healthcare, they are transforming clinical, finance, HR, and supply chain operations. According to a recent survey of hospital and health system leaders, 45% of respondents already use cloud-based supply chain management technologies. By 2026, it’s […]
Three Causes of Cloud Migration Failure in Large Enterprises
In the ever-evolving landscape of the modern business world, generative artificial intelligence (GenAI) is taking the industry by storm. Companies increasingly recognize the transformative potential of GenAI and machine learning. To harness the full power of these technologies, it is critical for organizations to embrace cloud computing. Cloud migration is not a mere option but […]
Machine Learning: Challenges and Opportunities for Modern Data Executives
The transformational promise of artificial intelligence (AI) and machine learning (ML) for enterprises has fueled enormous excitement and massive investment by data executives. One estimate predicts that AI’s contribution to the global economy could reach an extraordinary $15.7 trillion by 2030. That’s more than the current combined economic output of China and India. Yet, there seems […]
Why You Should Invest in Digital Transformation During Tough Economic Times
After grappling with an unprecedented global pandemic, the world finds itself navigating more uncertain times with rising inflation, historically high interest rates, and the U.S. wavering on the brink of another recession. With these uncertain times, CEOs are confronted with difficult decisions – such as where can we cut costs, and how can we reallocate resources to […]
5 Ways to Use Data to Make Workplace Decisions
In today’s rapidly evolving business landscape, decision-making has shifted from relying on gut instinct and the loudest voice in the room to data-driven approaches. In this article, we will explore five powerful ways to harness data for making informed decisions in the workplace, offer practical insights to boost productivity, and explain how to adapt to […]
Navigating AI and Its Impact on Business and Society
Artificial intelligence (AI) is no longer a distant concept – it’s already here, and it’s reshaping the way businesses and society operate. This presents both challenges and opportunities, and as a business leader, your ability to keep up with the intricate world of emerging technologies such as artificial intelligence is crucial. Preparation and execution are […]
Strategies for Tackling Digital Transformation Resistance
The often-overused phrase “digital transformation” instills a sense of excitement and progress for many executives. But for some business leaders, digital transformation means intimidation or mystery. When the former group is tasked with selling data-driven technology initiatives to the latter group, they face formidable challenges. They must win hearts and minds to get buy-in, sometimes faced with […]
Strong AI/ML Must Be Founded on a Strong Data Strategy
The list of use cases powered by artificial intelligence (AI) and machine learning (ML) technologies is growing exponentially across nearly every business sector. Enterprises of all kinds are leveraging these advanced capabilities and scaling them through automation to improve business process management, sharpen organizational strategies, and reap more analytical and predictive insights from data for […]
A Data-Driven Organization Requires Everyone’s Hands on the Wheel
Companies are driving ahead with data transformation. But so far, the results are mixed: Few companies have achieved their goal of becoming a data-driven organization. So, where are they going off track? First, it’s important to define what it means to be data-driven. Data-driven organizations not only collect data, they collect the right data and use it […]
Unlocking Success with Digital Transformation: A Strategic Roadmap for the Board
Digital transformation presents organizations with immense opportunities, but seizing them requires a strategic approach and careful selection of appropriate technologies. A recent study conducted by Deloitte that examined financial disclosures from over 4,000 global organizations, spanning a decade, revealed that “the right combination of digital transformation actions can unlock as much as $1.25 trillion in additional market […]