Remove Benchmarking Remove Competitive Remove Innovation
article thumbnail

What fuels Soltour’s strategy of digitalization and innovation

CIO

This reflects the growing dependence on digital solutions to maintain competitiveness, he says. To carry out initiatives of this magnitude, the investment is undeniable.Digitalization and innovation are not one-off efforts, but a continuous strategy, says Abril.

article thumbnail

Leading the digital charge: Inspiring innovation and fostering a culture of excellence

CIO

So the question that plagues any professional entrusted with or motivated to drive a huge change initiative is how to inspire innovation and foster a culture of excellence. Support and encourage experimentation A culture of innovation cannot be built with an attitude of antagonism or aversion towards experimentation.

Insiders

Sign Up for our Newsletter

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

article thumbnail

CIO metrics are failing digital transformation; it’s time to radically rethink success

CIO

To drive change, a reworking of what defines CIO/IT success is needed, with a focus on strategic business goals, innovation, and market differentiation. Of the top seven metrics, only two — innovation and profit growth — are directly tied to digital transformation goals. The CIO is no longer the chief of “keeping the lights on.”

article thumbnail

Revolutionizing data management: Trends driving security, scalability, and governance in 2025

CIO

It has become a strategic cornerstone for shaping innovation, efficiency and compliance. From data masking technologies that ensure unparalleled privacy to cloud-native innovations driving scalability, these trends highlight how enterprises can balance innovation with accountability.

Security 424
article thumbnail

Competition is stiff, but retailers know what it takes to compete

CIO

Changing consumer behavior and expectations, competition from major e-retailers, evolving cybersecurity challenges, inflationary pressures, sustainability and environmental concerns, and the pressure to take advantage of AI are all very real concerns for retailers today. Retailers have a lot of work to do, but their goals are achievable.

Retail 243
article thumbnail

Bridging the IT skills gap, Part 1: Assessing current strategies and introducing GenAI as a unified solution

CIO

Current strategies to address the IT skills gap Rather than relying solely on hiring external experts, many IT organizations are investing in their existing workforce and exploring innovative tools to empower their non-technical staff. CIOs who act decisively now will gain a competitive edge by building adaptable, AI-ready teams.

IT 467
article thumbnail

FinOps and AI: Balancing innovation and cost efficiency

CIO

For IT leaders, balancing must-have AI-powered innovation in the cloud with cost efficiency poses a massive challenge. The fast pace of AI development also means that models require continuous improvement and retraining to keep up with the latest technological innovations. Operating expenses have skyrocketed as a result.