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Six steps to creating a successful IT strategy: A guide for CIOs

CIO

Step 2: Understanding competitors Competitive analysis IT leaders must understand the competitive landscape to position their organization for success. Understanding the company’s competitive position allows IT leaders to mindfully act to implement technology for competitive advantage.

IT 835
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How To Do Competitor Analysis

Aqute Intelligence

This is where knowing how to do a competitor analysis comes into play. Conducting a thorough competitor analysis is essential to stay ahead. Understanding how to perform a competitor analysis helps various departments within a business. What is competitor analysis? How do you respond? Let’s get started.

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Generative AI copilots: What’s hype and where to drive results

CIO

Copilot benchmarks show productivity improvements Early benchmarks show that people using copilots are more productive and use time savings to focus on higher-level functions. GitHub’s research shows that users accept 30% of code its Copilot suggests and that less experienced developers have a greater advantage with AI.

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Competitive Analysis Report: What Is It & How to Create One (+ Examples)

mention

In such a scenario, a competitive analysis report is a crucial tool to understand your competitors and the industry landscape better. In this blog post, we will explore what a competitive analysis report is, why it’s important, and how you can create one for your business. What is a Competitive Analysis Report?

Analysis 162
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Strategize, modernize, and lead: Transform your business with application portfolio modernization

CIO

A staged approach enables risk mitigation and resource optimization and ensures modernization efforts bolster operational efficiency and competitive advantage. Quantify ROI: Provide a detailed return on investment (ROI) analysis to gain leadership support. Now, let’s delve into the concrete steps and strategies.

Business 687
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Exploration to elimination: CIO road map for adaptive technology portfolios

CIO

Navigate the Technology Investment Matrix for strategic advantage The Technology Investment Matrix provides a structured approach to managing technology investments across their life cycle, and the figure below provides a high-level overview. Key strategies for exploration: Experimentation: Conduct small-scale experiments.

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Balancing innovation with value, cost, and practicality: The CIO’s guide to future proofing technology investments

CIO

Fuel competitive advantage through strategic innovation Innovation — critical for reshaping business models with emerging tech — succeeds by fostering a discipline of pragmatic exploration balanced with real-world business constraints. IDC, 2024 However, CIOs must delve deeper into each dimension of this quartet.