article thumbnail

7 signs it’s time to modernize your IT systems

CIO

That’s great, because a strong IT environment is necessary to take advantage of the latest innovations and business opportunities. There are multiple examples of organizations driving home a first-mover advantage by adopting and embracing technology modernization when the opportunity presents itself early.”

IT 524
article thumbnail

Benefits of Using Data Analytics in Equipment Financing

Smart Data Collective

Securing financing is a huge example. Data analytics technology is helping more companies get the financing that they need for a variety of purposes. One of the most important benefits of big data involves getting financing for new equipment. The Growing Importance of Using Big Data to Finance New Equipment.

Finance 320
Insiders

Sign Up for our Newsletter

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

article thumbnail

Is SaaS dead? Not quite, but it’s evolving rapidly

CIO

For example, were seeing specialized SaaS solutions for healthcare, finance, real estate, and manufacturing, among others. The key advantage of composable solutions is flexibility. They offer the ability to quickly adapt and innovate, creating a competitive advantage in fast-moving markets.

Finance 435
article thumbnail

How Big Data Impacts The Finance And Banking Industries

Smart Data Collective

Typically, this approach is essential, especially for the banking and finance sector in today’s world. Right now, Big Data tools are continuously being incorporated in the finance and banking sector. Here are a few of the advantages of Big Data in the banking and financial industry: Improvement in risk management operations.

Finance 363
article thumbnail

Huawei unveils four strategic directions for the future of finance

CIO

Finance is poised to undergo a transformation, as Artificial Intelligence (AI) steps in to make real-time decisions using vast data sets. This vision was outlined by Jason Cao, CEO of Global Digital Finance at Huawei, during Huawei Intelligent Finance Summit 2023.

Finance 370
article thumbnail

10 top priorities for CIOs in 2025

CIO

Take advantage of agentic AI From simple tasks such as generating and distributing content, to more complex use cases such as orchestrating enterprise software, AI agents are transforming industries, states Gary Bailey, CIO at Phillips Edison & Co., owner and operator of grocery-anchored neighborhood shopping centers.

article thumbnail

Gen AI in 2025: Playtime is over, time to get practical

CIO

Although experimentation will continue, many organizations are likely to focus on projects that give them a competitive advantage, not general HR, digital assistant, or chatbot projects, says Dev Nag, CEO of QueryPal, a support automation company. But having every organization build their own HR AI doesnt make sense, Nag says.

Startups 541