article thumbnail

The business value of social sustainability

CIO

Social sustainability is good for business. The United Nations defines social sustainability as, “Identifying and managing business impacts, both positive and negative, on people.” Benefits of social sustainability Businesses are investing to build momentum in their social sustainability efforts. million on average.

Business 660
article thumbnail

Merck Life Sciences banks on RPA to streamline regulatory compliance

CIO

The pharmaceutical industry is a highly regulated one, especially for multinationals doing business across the globe. Although non-compliance with regulations can attract exorbitant fines, many pharma companies still depend on manual process for these value chains.

Banking 613
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Driving 15 years of IT transformation in 5

CIO

But executing wouldn’t come without challenges: multiple ERP implementations, a reluctance to adapt to new ways of working at a storied company, and perhaps most daunting, the reality that IT in each of the 20-plus businesses had grown accustomed to operating independently. It showed when he presented to them.

IT 697
article thumbnail

Inside Nasdaq’s AI-fueled pivot to SaaS provider

CIO

“It is already at work in our business — preventing market interruptions, creating new kinds of intelligence for investors, and stopping financial criminals in their tracks,” Peterson says. billion in 2022, derives roughly 30% of its business from its markets, trading, and exchange business — and about 40% from software sales and licensing.

Banking 725
article thumbnail

3 powerful lessons of using data governance frameworks

CIO

Start out with a clear idea of the business outcomes you want to achieve. Focus on value,” she says. Everything you do to collect, manage, and analyze your data ought to be traced to value.” We ask detailed questions to find out what type of business they’re in, who their customers are and what their revenues are,” says Wise. “We

article thumbnail

Powering the future: How Gen AI and AI illuminate utility companies

CIO

While international conflict, economic uncertainty and climate change are affecting businesses of all kinds, energy companies and utilities are also dealing with aging infrastructure, constant cyberattacks, increased regulation and rising customer expectations. And by 2028, the AI spend is likely to more than quadruple to 14.257 billion USD.

Alliance 856
article thumbnail

Volkswagen drives the automotive industry cloud forward

CIO

But as a spokesperson for VW told CIO.com, “The second goal is to open up new software business areas. Gartner claims that by 2027, enterprises will employ industry clouds to “accelerate more than 50% of their critical business initiatives,” compared to fewer than 10% in 2021.

Banking 662