CIO Business Intelligence

MAY 30, 2024

Following a legislative review of state purchases in fiscal year 2022, the state of Oklahoma discovered that its agencies had procured more than $3 billion worth of goods and services outside the oversight of its Office of Management and Enterprise (OMES) Central Purchasing division. 31 deadline.”

IT 123

IT Cost-Benefit Key Performance Indicator Dashboards 123

IBM Big Data Hub

FEBRUARY 7, 2024

These efforts are often driven by stakeholder expectations, regulatory requirements and the recognition that sustainable business practices can improve the bottom line. These efforts often go hand in hand with broader corporate sustainability initiatives and can lead to significant cost savings and improved environmental performance.

Reporting 91

Reporting Internet of Things Cost-Benefit Data-driven 91

AWS Big Data

DECEMBER 8, 2023

In this post, we share how FanDuel moved from a DC2 nodes architecture to a modern Amazon Redshift architecture, which includes Redshift provisioned clusters using RA3 instances , Amazon Redshift data sharing , and Amazon Redshift Serverless. Their individual, product-specific, and often on-premises data warehouses soon became obsolete.

Data Warehouse 69

Data Warehouse Cost-Benefit KPI Risk 69

AWS Big Data

MARCH 12, 2024

At GoDaddy, we take pride in being a data-driven company. Our relentless pursuit of valuable insights from data fuels our business decisions and ensures customer satisfaction. Background In late 2020, GoDaddy’s data platform initiated its AWS Cloud journey, migrating an 800-node Hadoop cluster with 2.5

Cost-Benefit 95

Cost-Benefit Optimization Big Data Metrics 95

CIO Business Intelligence

SEPTEMBER 7, 2023

First, there is the need to properly handle the critical data that fuels defense decisions and enables data-driven generative AI. Organizations need novel storage capabilities to handle the massive, real-time, unstructured data required to build, train and use generative AI. billion by 2032.

Unstructured Data 97

Unstructured Data Cost-Benefit Risk Data-driven 97

CIO Business Intelligence

AUGUST 17, 2023

Dynamics of current geopolitical forces are keeping supply chain risks in focus, resulting in increased public awareness, government interventions, and actions by individual companies. Making products closer to customers removes some uncertainty and risks in the supply chain and relocating production of high-value products back to the U.S.

Manufacturing 86

Manufacturing Cost-Benefit Digital Transformation Risk 86

O'Reilly on Data

NOVEMBER 28, 2023

AI users say that AI programming (66%) and data analysis (59%) are the most needed skills. Unexpected outcomes, security, safety, fairness and bias, and privacy are the biggest risks for which adopters are testing. 54% of AI users expect AI’s biggest benefit will be greater productivity. Only 4% pointed to lower head counts.

Enterprise 267

Enterprise Modeling Testing Reporting 267

CIO Business Intelligence

FEBRUARY 10, 2023

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. billion in 2022, according to a research study published by The Insight Partners in August 2022.

Predictive Analytics 134

Predictive Analytics Analytics Predictive Modeling Forecasting 134

IBM Big Data Hub

FEBRUARY 9, 2024

2022 was the year that generative artificial intelligence (AI) exploded into the public consciousness, and 2023 was the year it began to take root in the business world. The next wave of advancements will focus not only on enhancing performance within a specific domain, but on multimodal models that can take multiple types of data as input.

Cost-Benefit 97

Cost-Benefit Modeling Data-driven Enterprise 97

IBM Big Data Hub

MAY 25, 2023

In this blog post, we will examine traditional IT operation problems through the lens of data-driven automation and the benefits of AIOps. And every second counts—a recent IDC survey found that a single hour of downtime costs an average of USD 250K or more when a revenue-generating production service is impacted.

Cost-Benefit 71

Cost-Benefit Digital Transformation Optimization Data-driven 71

IBM Big Data Hub

DECEMBER 21, 2023

Reshoring manufacturing to the US ­ has been a significant trend in recent years, driven by geopolitical tensions, supply chain disruptions, proximity to customers and markets, eco-system synergies and the need for positive impact on the domestic economy. Digital labor can make processes more adaptable.

Manufacturing 81

Manufacturing Cost-Benefit Machine Learning Optimization 81

CIO Business Intelligence

AUGUST 23, 2022

To address this requirement and ensure seamless connectivity, organizations are rapidly adopting consumption-driven NaaS models to balance the cost of their network growth with the digital experience of their stakeholders. Obtaining more insight into hidden costs (e.g., Obtaining more insight into hidden costs (e.g.,

Cost-Benefit 92

Cost-Benefit Business Objectives ROI Risk 92

Cloudera

NOVEMBER 28, 2023

With its rise in popularity generative AI has emerged as a top CEO priority, and the importance of performant, seamless, and secure data management and analytics solutions to power those AI applications is essential. This means you can expect simpler data management and drastically improved productivity for your business users.

Management 82

Management Cost-Benefit Data-driven Testing 82

CIO Business Intelligence

JUNE 2, 2022

Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. in 2022 to $623 billion globally. AI enhances operational efficiency. Gartner highlights AI trend in banking.

Predictive Analytics 137

Predictive Analytics Technology Analytics Machine Learning 137

CIO Business Intelligence

MARCH 8, 2023

In the past, organizations like yours had data centers and remote offices, which were all connected via a network your teams owned and managed. Another report found that between 2018 and 2022, the percentage of NetOps teams that are successful with their overall missions has declined from 47% to 27%. Digital Transformation

Digital Transformation 85

Digital Transformation Cost-Benefit Data-driven Reporting 85

IBM Big Data Hub

OCTOBER 12, 2023

The tasks behind efficient, responsible AI lifecycle management The continuous application of AI and the ability to benefit from its ongoing use require the persistent management of a dynamic and intricate AI lifecycle—and doing so efficiently and responsibly. Here’s what’s involved in making that happen.

Cost-Benefit 78

Cost-Benefit Metadata Data Governance Modeling 78

CIO Business Intelligence

APRIL 6, 2022

By George Trujillo, Principal Data Strategist, DataStax. I’ve been a data practitioner responsible for the delivery of data management strategies in financial services, online retail, and just about everything in between. They’re trying to leverage the benefits of the private, hybrid, or public cloud.

Cost-Benefit 118

Cost-Benefit Digital Transformation Data-driven Strategy 118

AWS Big Data

DECEMBER 21, 2023

This is a guest post co-written by Alex Naumov, Principal Data Architect at smava. smava believes in and takes advantage of data-driven decisions in order to become the market leader. smava believes in and takes advantage of data-driven decisions in order to become the market leader.

Data Lake 91

Data Lake Data Warehouse Data-driven B2B 91

Smart Data Collective

JUNE 28, 2022

Fortunately, data scalability has made smart technology more accessible. Technological innovation has proved incredibly useful for this purpose, so we’ve compiled a list of smart energy inventions that are helping us all save energy costs and reduce our reliance on finite resources. Smart grids. The impact.

Technology 109

Technology Cost-Benefit Consulting Data-driven 109

Smart Data Collective

SEPTEMBER 13, 2022

Big data technology has led to some major changes in the banking sector. One of the biggest benefits of big data has been the development of ACH payment processing. Many businesses can benefit from it if they use it correctly. Big Data Leads to Great Opportunities for Businesses Relying on ACH Transactions.

Big Data 77

Big Data Cost-Benefit Risk Management Data-driven 77

Ontotext

AUGUST 17, 2023

These failures are at least partly due to the absence of graph technologies, at the center of those transformations, allowing companies to “connect the dots” across their data to drive optimal outcomes. More critically, they will continue to struggle becoming more data-driven within their organizations, missing out on value opportunities.

Digital Transformation 52

Digital Transformation IT Cost-Benefit Consulting 52

IBM Big Data Hub

DECEMBER 7, 2023

Building point-to-point integrations manually is time consuming, inefficient and costly; andorganizations need a better way to consume and share data, as well as a more flexible and agile way to add new features and solutions. This is where application programming interfaces (APIs) can help.

Cost-Benefit 73

Cost-Benefit Software Data-driven Management 73

IBM Big Data Hub

NOVEMBER 30, 2023

Driven by accelerated hybrid cloud adoption and digital transformation efforts, the region is currently a beacon of innovation and a battleground for cyberthreats. Today, these attacks exhibit an unprecedented level of frequency, ingenuity and speed.

Cost-Benefit 67

Cost-Benefit Digital Transformation Data-driven Strategy 67

IBM Big Data Hub

AUGUST 14, 2023

The Cost of a Data Breach 2023 global survey found that extensively using artificial intelligence (AI) and automation benefited organizations by saving nearly USD 1.8 million in data breach costs and accelerated data breach identification and containment by over 100 days, on average.

Cost-Benefit 56

Cost-Benefit Machine Learning Consulting Data mining 56

CIO Business Intelligence

NOVEMBER 23, 2022

The process is driven by a “comprehensive picture of an entire enterprise from the perspectives of owner, designer, and builder,” according to the EABOK. Bizzdesigns asked respondents what IT benefits their EA program currently delivers and the top response was improved IT investment decisions.

Enterprise 116

Enterprise Cost-Benefit Digital Transformation Strategy 116

IBM Big Data Hub

DECEMBER 12, 2023

Unlocking the benefits of emissions management Emissions management is not only about tracking greenhouse gases; it also involves controlling and overseeing a wide range of emissions released into the atmosphere during industrial processes. An efficient, sustainable, and responsible enterprise reaps the benefits of a healthy culture.

Management 70

Management Cost-Benefit Optimization Strategy 70

Cloudera

JANUARY 5, 2023

In the past year, businesses who doubled down on digital transformation during the pandemic saw their efforts coming to fruition in the form of cost savings and more streamlined data management. 1- Treating data as a strategic business asset . 2- Operationalizing adaptive AI systems for quicker business decision-making.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

CIO Business Intelligence

SEPTEMBER 8, 2022

Most organizations understand the profound impact that data is having on modern business. In Foundry’s 2022 Data & Analytics Study , 88% of IT decision-makers agree that data collection and analysis have the potential to fundamentally change their business models over the next three years.

Cost-Benefit 102

Cost-Benefit Internet of Things Data-driven Data Lake 102

Andrew White

JANUARY 9, 2022

On Thursday January 6th I hosted Gartner’s 2022 Leadership Vision for Data and Analytics webinar. Which trends do you see for 2022 in AI & ML technology and tools and tool capabilities? – In the webinar and Leadership Vision deck for Data and Analytics we called out AI engineering as a big trend.

Analytics 64

Analytics Measurement Modeling Data-driven 64

CIO Business Intelligence

FEBRUARY 13, 2023

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). Cold: On-prem infrastructure As they did in 2022, many IT leaders are reducing investments in data centers and on-prem technologies. “We

IT 145

IT Insurance Machine Learning Marketing 145

IBM Big Data Hub

JULY 27, 2023

As of 2022, the EAM market was valued at nearly $6 billion , with a compound annual growth rate of 16.9% It offers a holistic view, providing critical data about asset condition, location and efficiency. Cost control and budgeting : EAM systems provide valuable insights into asset performance as it relates to maintenance costs.

Cost-Benefit 56

Cost-Benefit IoT Internet of Things Enterprise 56

CIO Business Intelligence

JANUARY 30, 2024

The foundation for ESG reporting, of course, is data. Always the gatekeepers of much of the data necessary for ESG reporting, CIOs are finding that companies are even more dependent on them,” says Nancy Mentesana, ESG executive director at Labrador US, a global communications firm focused on corporate disclosure documents.

Reporting 94

Reporting Data Quality Strategy Data-driven 94

CIO Business Intelligence

JUNE 21, 2023

In 2022, companies were still reeling from the rapid digital transformation efforts to survive the pandemic. The study’s data shows that as automation eliminates repetitive tasks, the pendulum will swing toward the distinctly human skills of communication, creativity, and analytical thinking. Where will your business be in 10 years?

Modeling 102

Modeling Cost-Benefit ROI Digital Transformation 102

CIO Business Intelligence

JANUARY 20, 2023

Truly data-driven companies see significantly better business outcomes than those that aren’t. But to get maximum value out of data and analytics, companies need to have a data-driven culture permeating the entire organization, one in which every business unit gets full access to the data it needs in the way it needs it.

Data Lake 120

Data Lake Data-driven Finance Data Architecture 120

CIO Business Intelligence

JANUARY 20, 2023

In 2022, the percentage of remote workdays in the US soared above the pre-pandemic levels of 5 percent to reach 30 percent. [1] In 2022, the percentage of remote workdays in the US soared above the pre-pandemic levels of 5 percent to reach 30 percent. [1] Additionally, VDI can reduce operational costs in two ways.

Technology 57

Technology Cost-Benefit Deep Learning Modeling 57

CIO Business Intelligence

OCTOBER 1, 2022

In summer 2022, P&G sealed a multiyear partnership with Microsoft to transform P&G’s digital manufacturing platform. We do that by leveraging data, AI, and automation with agility and scale across all dimensions of our business, accelerating innovation and increasing productivity in everything we do.”.

Manufacturing 142

Manufacturing Digital Transformation IoT Internet of Things 142

IBM Big Data Hub

AUGUST 23, 2023

The average cost of a data breach is USD 4.35 With these increases in the frequency and costs data breaches, an enterprise’s data protection and privacy in the cloud is more important than ever. Encryption is named the largest cost mitigation, and as such, mandated by many regulators.

Cost-Benefit 53

Cost-Benefit Risk Data-driven Enterprise 53