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8 top priorities for CIOs in 2023

CIO

As technology projects, budgets, and staffing grew over the past few years, the focus was on speed to market to maximize opportunity, says Troy Gibson, CIO services leader at business and IT advisory firm Centric Consulting. Welcome to 2023. The following eight priorities are gaining the most attention.

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Process mining helps IT leaders modernize business operations

CIO

By using the information gleaned from process mining, companies can better streamline workflows, enhance resource allocation, and automate repetitive tasks. And the market for process mining tools is growing. A leadership team with a long-term vision is crucial to ensure the technology is utilized to its full potential.”

Business 841
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US Still Dominates Global AI Market, But Competitors Abound

ArchIntel

This dominant share is mainly attributed to the widespread adoption of AI technology in several end-use industries including media, e-commerce and manufacturing, a study by ReportLinker revealed. In the face of mounting global competition, the U.S.’ billion by the end of 2021. percent and 30.2

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Smart Businesses Must Invest in Data Analytics for Higher Conversions

Smart Data Collective

The good news is that data analytics technology can help level the playing field. The ROI of data-driven initiatives is very high, which helps companies improve their profitability. Various digital marketing strategies would give you with the option of positioning your brand on a global plane.

Business 269
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Why Data-Driven Outsourcing Can Be a Massive Win for Your Business

Smart Data Collective

Big data technology has been instrumental in changing the direction of countless industries. Companies have found that data analytics and machine learning can help them in numerous ways. You should use big data to improve your outsourcing models by data mining pools of talented employees. Here’s why.

Win 261
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IT Budgeting Practices for Data-Driven Companies

Smart Data Collective

Companies are investing more in big data than ever before. Last year, global businesses spent over $271 billion on big data. While there are many benefits of big data technology, the steep price tag can’t be ignored. What is the Information Technology Budgeting Process?

IT 263
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Data Analytics and Social Media: Twin Pillars in the Evolution of Business

Smart Data Collective

Digital technology is unquestionably changing the future of business. Two of the biggest advances in technology that are influencing the direction of business are social media and data analytics. These may seem like unrelated technologies to the average person, but they are actually closely intertwined.

Business 348