This website does not support Internet Explorer. Please, switch to Edge, Chrome, or Firefox browser to view this page.

Learn about IE support
o9 video

Watch next

December 1, 2023

Embracing a Platform-Based Approach to IT in the Digital Age

— In the age of AI, CIOs are transforming into strategic leaders, wielding imperfect data and partnerships to drive digital transformation.

The following are the main takeaways from a CIO panel at aim10x live New York City.

The Transformation of the CIO Role:


The role of the CIO has evolved significantly over the years. CIOs are no longer just technical experts; they are expected to be strategic business leaders. They need to transcend traditional boundaries and work across verticals, understanding the nuances of different industries. The shift from being an order taker to a strategic partner requires effective communication, stakeholder engagement, and gaining the trust of business leaders. CIOs must actively participate in board meetings and operating committees, contributing to strategic decision-making.

Embracing Imperfection and Getting Started:


The conversation emphasized the importance of not waiting for perfect conditions before embarking on digital transformations. The speakers highlighted that organizations should resist the temptation to strive for perfection and instead focus on taking the first steps. Billy stressed the need to define what is "good enough" to get started and then continuously improve. Organizations should identify critical data sources, make data visible, and establish closed-loop data flows to ensure the accuracy and relevance of insights.

Data Readiness and Management:


Data readiness emerged as a crucial aspect of AI implementation. Organizations need to assess their data landscape, identifying gaps and critical data sources. Although data may be imperfect, making it visible allows organizations to leverage it effectively and improve over time. Establishing data governance and data excellence frameworks, along with dedicated roles, helps curate and manage data efficiently. The speakers emphasized the need to adopt a realistic mindset about the inherent challenges and complexities of working with data.

AI as a Catalyst for Transformation:


Artificial intelligence was a central topic of discussion, with the speakers acknowledging the hype surrounding it. Organizations are exploring various AI use cases to drive transformation. Examples shared during the conversation included strategic revenue management and logistics optimization. AI-powered automation can enhance decision-making processes, improve market assessment, and streamline logistics operations. Leveraging AI, organizations can gain competitive advantages by unlocking valuable insights and reducing manual workloads.

Partnering with AI Solution Providers:


Collaboration with AI solution providers plays a crucial role in implementing successful AI initiatives. The speakers highlighted the significance of partnering with technology companies like o9 Solutions to advance AI capabilities. They cited examples of leveraging AI in demand planning, demand sensing, and automating workflows. By seeking external expertise, organizations can harness the power of AI to enhance their operations, optimize processes, and drive growth.

O9 whitepaper aiml mockup (1)

Can AI/ML forecasting help improve your forecast accuracy rapidly?

Learn how to efficiently manage internal and external data with an end-to-end digital platform.

I agree to the privacy policy.

Resources

View our related articles, white papers, use cases & videos

video1 min

The Aftermovie: aim10x live London

The aftermovie: aim10x live london thumbnail
video4 min

What Is Your Demand Planning Model Structure?

What is your demand planning model structure? thumbnail
video52 min

Why the Future of CPG Supply Chains is Autonomous

Why the future of cpg supply chains is autonomous thumbnail
resource

10 Steps for Setting Up an Effective Transformative IBP Process

O9 ibp cheatsheet mockup 3
video3 min

What Is "One-Number" Forecasting?

What is “one number” forecasting? thumbnail
resource

Supply Planning: Key Capabilities for Effective Decision-Making

O9 whitepaper supply planning mockup 2
video37 min

Integrated Planning: Interactions between Commercial and Supply Chain

Integrated planning: interactions between commercial and supply chain thumbnail
video8 min

The Role of the Cloud in Digital Transformation

The role of the cloud in digital transformation thumbnail
video7 min

What Is “Granularity” in the Demand Planning Process?

What is “granularity” in the demand planning process? thumbnail
video32 min

The Future of Integrated Planning

The future of integrated planning thumbnail
video11 min

o9 Mobile: Better, Faster Decisions from Anywhere

O9 mobile: better, faster decisions from anywhere thumbnail
video21 min

Transforming End-to-End Planning with AI/ML

Transforming end to end planning with ai/ml thumbnail