CIO Business Intelligence

MAY 9, 2023

Like most CIOs you’ve no doubt leaned on ROI, TCO and KPIs to measure the business value of your IT investments. Those Three Big Acronyms are still important for fine-tuning your IT operations, but success today is increasingly measured in business outcomes. Maybe you’ve even surpassed expectations in each of these yardsticks.

ROI 111

ROI Cost-Benefit KPI Uncertainty 111

Jet Global

MAY 14, 2020

The volume of regulations and the scale of ongoing regulatory compliance legislation often leave finance teams struggling to meet new reporting requirements. Finance and banking regulatory costs have been forecasted to rise from 4 percent to 10 percent of revenue by 2021. Stop-Gap Measures Are Not Enough.

Finance 52

Finance Reporting KPI Cost-Benefit 52

datapine

JANUARY 24, 2021

An average business user and cross-departmental communication will increase its effectiveness, decreasing time to make actionable decisions and, consequently, provide a cost-effective solution. We have used a marketing example, but every department and industry can benefit from a proper data preparation process.

IT 317

IT Statistics KPI Data-driven 317

CIO Business Intelligence

APRIL 19, 2022

Jobs in technology are plentiful, as evidenced by the nearly 388,000 postings in February, according to a report from CompTIA. Job platform company MBO Partners in its “ 11th Annual State of Independence in America ” report calculated a 34% increase in the number of individuals opting for independent work, with figures going from 38.2

IT 96

IT Cost-Benefit Strategy Consulting 96

CIO Business Intelligence

JANUARY 4, 2023

Decision makers are realizing that technology is essential for reaching their ESG goals,” noted Bjoern Stengel, IDC global sustainability research lead, in the report. This should not just be a discussion about costs; sustainability should be considered as a business outcome.” So, too, are business leaders.

IT 120

IT Internet of Things Reporting Cost-Benefit 120

CIO Business Intelligence

NOVEMBER 7, 2022

Panorama Consulting Solutions, which regularly surveys businesses on the outcomes of their ERP projects, shows in its 2022 report that 81% of projects met ROI expectations a year or more after go-live. The company’s North American business unit, which accounts for 40% of its revenue, was the first to move to the new system in October 2021.

Manufacturing 128

Manufacturing Cost-Benefit Sales Consulting 128

CIO Business Intelligence

JANUARY 12, 2023

Citing an impactful list of benefits, from enhancing production quality and protecting worker safety to filling knowledge gaps and preventing maintenance issues, nearly 70% of manufacturing IT is set to be deployed at the edge within the next two years. [1] Defects cause problems for a company’s brand and bottom line.

Manufacturing 75

Manufacturing Technology IoT Internet of Things 75

CIO Business Intelligence

JUNE 23, 2023

VW’s primary goal for the project is to reduce the cost of manufacturing, accelerate time to market, tailor solutions for its unique manufacturing needs, increase safety, and scale the solution to all its factories globally. But as a spokesperson for VW told CIO.com, “The second goal is to open up new software business areas.

Manufacturing 93

Manufacturing Digital Transformation Cost-Benefit Enterprise 93

IBM Big Data Hub

FEBRUARY 2, 2023

They provide the backbone for a range of use cases such as business intelligence (BI) reporting, dashboarding, and machine-learning (ML)-based predictive analytics, that enable faster decision making and insights. In 2021, cloud databases accounted for 85% 1 of the market growth in databases.

Data Warehouse 57

Data Warehouse Cost-Benefit Unstructured Data Data Architecture 57

CIO Business Intelligence

JULY 13, 2023

In fact, a Sustainable IT report by Capgemini states that 89% of companies surveyed recycle less than 10% of their IT hardware, and less than half of executives say they are aware of their organizations’ IT footprint. The company is also putting an emphasis on recycling and in 2021, resold 4.9 Governance.

IT 81

IT Internet of Things Strategy IoT 81

CDW Research Hub

OCTOBER 19, 2021

Delivering Compelling Strategic and Financial Benefits and Strong Cultural Fit. The transaction is expected to close in December 2021, subject to receipt of regulatory approvals and the satisfaction of other customary closing conditions. CDW will hold a conference call today, October 18, 2021 at 7:00 am CT to discuss the transaction.

Uncertainty 102

Uncertainty Sales Finance Cost-Benefit 102

FineReport

JULY 26, 2021

A business intelligence strategy is a framework that enables enterprises to use right BI tools to analyze the right data and then report to the right people to aid making right decisions. Through the process, businesses will measure their performance, seek out incomparable competitive advantages and dig out needs of customers.

Business Intelligence 52

Business Intelligence Strategy Cost-Benefit Data-driven 52

FineReport

JULY 26, 2021

A business intelligence strategy is a framework that enables enterprises to use right BI tools to analyze the right data and then report to the right people to aid making right decisions. Through the process, businesses will measure their performance, seek out incomparable competitive advantages and dig out needs of customers.

Business Intelligence 52

Business Intelligence Strategy Cost-Benefit Data-driven 52

datapine

MARCH 31, 2022

billion by the end of 2021. To understand this concept in a practical context, check out this video featuring an explanation from analyst Sonya Fournier: Now that we’ve explored BI in a real-world professional context, let’s look at the benefits of embarking on this occupation. The BI industry is expected to soar to a value of $26.50

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

Alation

SEPTEMBER 28, 2022

However, there is a lot more to know about DataOps, as it has its own definition, principles, benefits, and applications in real-life companies today – which we will cover in this article! Monitoring and reporting of processes. Technical environments and IDEs must be disposable so that experimental costs can be kept to a minimum.

Cost-Benefit 52

Cost-Benefit Data Quality Manufacturing Testing 52

Smart Data Collective

JUNE 9, 2021

Gartner projects that global public cloud end-user spending is set to grow by 23 percent in 2021 with SaaS as the biggest market segment, which is set to expand to a $122.6 In March this year, Microsoft reported a hack attack in its mail and calendar server program, which compelled the US government to issue a warning. billion market.

Strategy 69

Strategy Software Forecasting Cost-Benefit 69

Andrew White

MARCH 6, 2020

First the paper is an effective tour de force that captures the concepts of data, data value, and the many challenges with defining or measuring such value. However, why such data should be free is not explained; and how if such data were freely available, why would it then lead to benefit is not explained.

Cost-Benefit 59

Cost-Benefit Marketing Data Strategy Software 59

Jen Stirrup

JULY 15, 2021

What are the benefits that the future of technology could bring to you and our organisations, right now? Microsoft’s Power Platform offers businesses great opportunities to serve customers better, reduce costs, solve challenges and make processes work better. How can you improve a process and reduce costs by saving time?

Interactive 94

Interactive Cost-Benefit Technology Manufacturing 94

Jet Global

FEBRUARY 23, 2021

What is a Flash Report? Flash reports are short, executive-level, summaries that provide a snapshot of a company’s key operational and financial metrics at regular time intervals. Regular review of flash reports provides a rough measure of change in the organization and gives insight into real-time trends and customer behavior.

Reporting 52

Reporting KPI Metrics Manufacturing 52

datapine

MAY 31, 2022

3) Cloud Computing Benefits. It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

Jet Global

JANUARY 25, 2021

A lot of companies are taking a cautious approach toward technology investments in 2021. In many cases, the fastest and most cost-effective approach to that problem is to seek out independent software vendors that have pre-built integrations to your existing ERP software. Free Up the Flow of Information.

Finance 98

Finance Reporting Software Sales 98

Rita Sallam

MAY 12, 2021

For the vendors that participate in the Bake-Off, it is in equal measure fun and extremely stressful. This engaged community of BI Bakers was a much welcomed side benefit of going virtual! And in the past, we have analyzed opioid epidemic data , traffic fatalities, college costs, and homelessness. This year’s was too!!

Data Analytics 59

Data Analytics Analytics Measurement Uncertainty 59

IBM Big Data Hub

NOVEMBER 10, 2023

Behind the scenes, a complex net of information about health records, benefits, coverage, eligibility, authorization and other aspects play a crucial role in the type of medical treatment patients will receive and how much they will have to spend on prescription drugs. Why is data interoperability an imperative?

Cost-Benefit 104

Cost-Benefit Insurance Consulting Unstructured Data 104

AWS Big Data

DECEMBER 8, 2023

In 2021, FanDuel’s workloads almost tripled since they first started using Amazon Redshift in 2018, and they started evaluating Redshift RA3 nodes vs. DC2 nodes to take advantage of the storage and compute separation and deliver better performance at lower costs. The following diagram illustrates this architecture.

Data Warehouse 67

Data Warehouse Cost-Benefit KPI Risk 67

Andrew White

JANUARY 9, 2022

I would take a look at our Top Trends for Data and Analytics 2021 for additional AI, ML and related trends. First, how we measure emissions and carbon footprint is about data design and policy. In other words, D&A plays a key role in the foundational measuring angle. Keep a watch on Gartner.com. Keep a watch on Gartner.com.

Analytics 64

Analytics Measurement Modeling Data-driven 64

John Wheeler

NOVEMBER 25, 2020

Provide a full view of business operations by delivering forward-looking measures of related risk to help customers successfully navigate the COVID-19 recovery. This need for IRM is reflected in our most recent Gartner CEO Survey where CEOs identified risk management as one of their top priorities in 2020 & 2021 (see figure below).

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

Cloudera

MARCH 17, 2022

The consulting firm McKinsey has previously reported that governments are integral players in helping to realize a $3 trillion open-data opportunity for the private sector and society at large. The value of data can also be measured in non-monetary ways. The Benefits of a Modern Hybrid Data Cloud Platform.

IoT 81

IoT Cost-Benefit Data-driven Data Strategy 81

Jet Global

JUNE 1, 2021

Nevertheless, for business managers, cost-containment continues to be a priority, as companies are emerging from the crisis with a greater commitment to budgetary discipline. Zero-based budgets are all about cost accountability. You outline the costs, staffing requirements, expected benefits, and potential risks.

Cost-Benefit 59

Cost-Benefit Finance Reporting Management 59

CIO Business Intelligence

MARCH 22, 2023

Up to 44% of data is reported to be inaccessible in an organization. Ensuring privacy and security in the modern ML lifecycle The new breed of ML data consumers needs to implement privacy measures at both stages of the ML lifecycle: ML training and ML deployment (or inference). The solution is also partially risk-free.

Machine Learning 99

Machine Learning Cost-Benefit Modeling Risk 99

AWS Big Data

FEBRUARY 22, 2023

We also discuss the benefits Ruparupa gained after the implementation. This data contains insights that, if unlocked, can help management make decisions to help increase sales and optimize cost. The analytic team could only produce weekly and monthly reports. Let’s look at each main component in more detail.

Data Lake 52

Data Lake Dashboards Cost-Benefit Metadata 52

Cloudera

APRIL 9, 2021

They warned data and analytics leaders to “prepare for the complexities of data management” calling out costs, performance and integration as top challenges. It either means that data-driven innovation is being restricted or the effective cost of analysis is significantly higher due to unused resources.

Data Warehouse 58

Data Warehouse Cost-Benefit Statistics Data-driven 58

Rita Sallam

AUGUST 28, 2022

Like all of you, the pandemic forced us to innovate and we did our very first virtual BI Bake off in October of 2020 and then again in May of 2021 – and they were awesome! For the vendors that participate in the Bake-Off, it is in equal measure fun and extremely stressful. And these did not disappoint! EQ Technologic.

Analytics 52

Analytics Data Analytics Cost-Benefit Measurement 52

BI-Survey

FEBRUARY 23, 2023

Ultimately, it is the people in the company who have to change their behavior and mindset in order to benefit from the ever-increasing amount of data available to them. Track your progress In each of the six pillars of the BARC Data Culture Framework, it is worthwhile to regularly measure progress.

Metadata 52

Metadata Data-driven Data Strategy Strategy 52

Sisense

JULY 29, 2021

According to Constellation Research in a recent report commissioned by Sisense, “innovative organizations across every industry are increasingly recognizing the value of embedded analytics.” This reduces the cost of cash distribution for banks and eases in-store cash management for merchants. And consumers feel the same. Get the guide.

Insurance 52

Insurance Marketing Uncertainty Reporting 52

Sisense

DECEMBER 13, 2021

But, many don’t know where to begin or how exactly to work with their data to their optimal benefit. By studying it, businesses can evolve and pivot to better fit their users’ needs, as well as how to prioritize the information in a way that benefits the health and growth of a business. Attracting new accounts and customers.

Data-driven 59

Data-driven IT Business Intelligence Cost-Benefit 59

AWS Big Data

JUNE 21, 2023

This approach comes with a heavy computational cost in terms of processing and distributing the data across multiple tables while ensuring the system is ACID-compliant at all times, which can negatively impact performance and scalability. This is inefficient from both a cost and performance perspective.

Data Warehouse 78

Data Warehouse Data Lake OLAP Cost-Benefit 78

Andrew White

JANUARY 11, 2021

It was titled, The Gartner 2021 Leadership Vision for Data & Analytics Leaders. It is meant to be a desk-reference for that role for 2021. What is unique about the D&A Leadership Vision is that it crossed over into business since for many organizations, the CDO reports into the CEO or COO (as examples). That’s the idea.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52