CIO Business Intelligence

DECEMBER 19, 2023

The analyst reports tell CIOs that generative AI should occupy the top slot on their digital transformation priorities in the coming year. Moreover, the CEOs and boards that CIOs report to don’t want to be left behind by generative AI, and many employees want to experiment with the latest generative AI capabilities in their workflows.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

Jet Global

JUNE 22, 2023

Blogs Podcasts Whitepapers and Guides Tools and Calculators Webinars Sample Reports The Evolution of the CFO into the Chief Data Storyteller View Insight Now Our Favorite CFO Blogs The Venture CFO Blog Link: [link] Are you looking for blog posts for CFOs by CFOs? It is viewed as a burden that costs companies money.

KPI 105

KPI Finance Dashboards Digital Transformation 105

DataKitchen

MARCH 12, 2024

Key Success Metrics, Benefits, and Results for Data Observability Using DataKitchen Software Lowering Serious Production Errors Key Benefit Errors in production can come from many sources – poor data, problems in the production process, being late, or infrastructure problems. Data errors can cause compliance risks.

Metrics 120

Metrics Software Cost-Benefit Testing 120

CIO Business Intelligence

JULY 27, 2023

First came the carrot of lower costs in the cloud with the bundled Rise with SAP offering. SAP said Thursday it will raise the cost of support for users of its on-premises software for the second year in a row, just days after announcing plans to withhold future innovations in its products from on-prem customers. Bucking the trend?

Cost-Benefit 97

Cost-Benefit Statistics Data Processing Forecasting 97

CIO Business Intelligence

MARCH 6, 2024

Manufacturing in particular has become a bigger target for bad actors; in fact, it was one of the sectors most impacted by extortion attacks, according to Palo Alto Networks’ 2023 Unit 42 Extortion and Ransomware Report. The second business benefit is cost savings. The third benefit is the reduction of downtime.

ROI 127

ROI Manufacturing Cost-Benefit IoT 127

CIO Business Intelligence

MARCH 25, 2024

This article explores how CIOs can address each of their CFO’s key concerns when moving away from project-based teams to persistent funding, including the need to better track ROI, reduce risk, and reduce cost. The persistent teams used a benefits delivery roadmap, which outlined the SMART benefits to be delivered throughout the year.

Modeling 125

Modeling Cost-Benefit IT ROI 125

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. However, a significant amount of this spend is wasted as organizations struggle to optimize costs effectively. .

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

CIO Business Intelligence

APRIL 17, 2024

Organizations with subscription-based business models have not only survived the recent global economic challenges but have also outperformed their traditional, product-based counterparts, according to The Subscription Economy Index (SEI) report for 2023 by Zuora. against the latter’s 4.8%.

Broadcasting 112

Broadcasting Cost-Benefit Strategy Modeling 112

IBM Big Data Hub

SEPTEMBER 12, 2023

The UK government’s Ecosystem of Trust is a potential future border model for frictionless trade, which the UK government committed to pilot testing from October 2022 to March 2023. The models also reduce private sector customs data collection costs by 40%.

Testing 94

Testing Modeling Cost-Benefit Consulting 94

CIO Business Intelligence

DECEMBER 8, 2023

According to the report: “Our qualitative interviews indicated many companies are looking to recycle devices at the end of their lifecycles if they don’t already, and they are open to reducing the time it takes to refresh if it reduces cost over time.” Furthermore, 49% believe outdated hardware hinders employee productivity.

Strategy 104

Strategy IT Cost-Benefit Reporting 104

FineReport

APRIL 26, 2023

Cost Savings : Big data tools such as FineReport , Hadoop, Spark, and Apache can assist businesses in saving costs by storing and handling huge amounts of data more efficiently. ” This type of Analytics includes traditional query and reporting settings with scorecards and dashboards. Top 10 Big Data Tools 1.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

CIO Business Intelligence

JANUARY 11, 2024

2023 was a year made notable by a range of unexpected, unpredictable, and fast-moving challenges that, despite seemingly having little to do with technology, had profound impacts on IT strategies. These external factors can have a dramatic impact on business operations and strategic planning.

IT 133

IT Uncertainty Cost-Benefit Strategy 133

CIO Business Intelligence

FEBRUARY 29, 2024

Everest Group, which monitors 8,500 captive centers around the world, counted 452 new setups in 2023. Captive centers are no longer just means of value creation, providing cost savings and driving process standardization. The upside of captives today Some benefits of captive centers are the same as ever.

Cost-Benefit 116

Cost-Benefit Risk Modeling Strategy 116

CIO Business Intelligence

JULY 27, 2023

As we closed out 2022 and began 2023, VMware’s Research and Insights organization interviewed more than 450 technology executives to get their candid views on the topics that present enterprises with the greatest opportunities and challenges. Nearly half, 41%, said they are creating custom applications to create a unique customer experience.

Enterprise 97

Enterprise Cost-Benefit Strategy Reporting 97

CIO Business Intelligence

APRIL 25, 2024

During the summer of 2023, at the height of the first wave of interest in generative AI, LinkedIn began to wonder whether matching candidates with employers and making feeds more useful would be better served with the help of large language models (LLMs). Cost considerations One aspect that Bottaro dubbed “a hurdle” was the cost.

IT 140

IT Experimentation Cost-Benefit Metrics 140

CIO Business Intelligence

JANUARY 9, 2024

IT leaders say they’re discussing everything from the costs of AI implementations to whether AI is the existential threat to humanity some fear. The October 2023 CEO Outlook Pulse from professional services firm EY reported that 99% of chief executives were planning to invest in generative AI. back for every $1 invested in AI.

IT 140

IT Risk Cost-Benefit Enterprise 140

AWS Big Data

NOVEMBER 20, 2023

These pipelines pull data from various sources, transform it, and load it into destination systems for analytics and reporting. Today we are pleased to announce a new class of Amazon CloudWatch metrics reported with your pipelines built on top of AWS Glue for Apache Spark jobs. workerUtilization showed 1.0 Check it out!

Metrics 92

Metrics Data Lake Cost-Benefit Dashboards 92

CIO Business Intelligence

JULY 6, 2023

One thing is for sure – meeting ESG goals can drive value if it can be done consistently, with automation and minimal costs. Automation, integration and consistency make it flow By the end of 2023, companies in Germany with more than 3,000 employees must have implemented the due diligence obligations under SCDDA.

Cost-Benefit 96

Cost-Benefit Risk Digital Transformation Risk Management 96

O'Reilly on Data

APRIL 23, 2024

But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. Back in 1971, in a talk called “ Designing Organizations for an Information-rich World ,” political scientist Herbert Simon noted that the cost of information is not just money spent to acquire it but the time it takes to consume it. “In

Advertising 270

Advertising Cost-Benefit Marketing Risk 270

CIO Business Intelligence

SEPTEMBER 28, 2022

Fully 90% of respondents said that they either planned to increase spending or keep it steady in 2023. while 61% of large enterprises said that they plan an expansion of IT spending in 2023, just 41% of smaller companies said the same. IT spending during a recession shows benefits. 68% and 55%â??for s results.

Cost-Benefit 98

Cost-Benefit IT Forecasting Data-driven 98

CIO Business Intelligence

NOVEMBER 8, 2023

in September, 2023, the price pressures facing IT have persisted. The technology talent gap continues to inflate labor costs, too, despite big layoffs in high tech, CIOs say, and they’ve seen double-digit increases in SaaS and cloud costs over the last two years. in June, 2022, to 3.7% Here’s how.

IT 133

IT Cost-Benefit Digital Transformation Software 133

CIO Business Intelligence

JANUARY 4, 2023

billion, with up to $1 billion of those costs being shouldered by the company in the fourth quarter of 2023. Salesforce said these costs consist of up to $1.4 The news comes as the WSJ reported that, based on estimates from Layoffs.fyi , employers in the tech sector collectively cut more than 150,000 jobs in 2022.

IT 116

IT Cost-Benefit Insurance Measurement 116

IBM Big Data Hub

MARCH 27, 2024

Other leaders remind you that the company’s primary allegiance is to the bottom line and that your solution needs to be cost-effective and “thread the needle” by providing the most return for the least investment possible. Development costs to survey the land, clear the site and prepare it for construction.

Cost-Benefit 110

Cost-Benefit Internet of Things Recreation/Entertainment Marketing 110

CIO Business Intelligence

DECEMBER 18, 2023

In 2023, leading organizations in the region shifted gears towards DX 2.0, Use cases in areas such as customer service, financial reporting, content marketing, code development and others are being taken up by early adopters. How has the past year changed the landscape for technology leaders? will gain further momentum.

Cost-Benefit 110

Cost-Benefit Risk Strategy Manufacturing 110

IBM Big Data Hub

NOVEMBER 30, 2023

The cyberthreat landscape is evolving and countries such as India are facing an alarming rate of increase in cyberattacks ( Q2 of 2023 saw a 90% increase ). Today, these attacks exhibit an unprecedented level of frequency, ingenuity and speed. This is creating more attack opportunities and vulnerabilities for businesses than ever before.

Cost-Benefit 74

Cost-Benefit Digital Transformation Data-driven Strategy 74

IBM Big Data Hub

OCTOBER 17, 2023

In a research brief defining “5 trends for 2023,” the IBM Institute for Business Value reports, “In 2023, rapid response is the new baseline. Once users define a critical business situation, they can generate a new stream of events that reports anytime a particular scenario is detected.

Data-driven 84

Data-driven Cost-Benefit Uncertainty Dashboards 84

IBM Big Data Hub

FEBRUARY 7, 2024

Advanced technologies, more stringent reporting standards and stronger support from stakeholders are building momentum for eco-friendly initiatives and the incentives that encourage them. Sustainability reporting: Accountability on the record This may be the biggest year yet in sustainability reporting.

Reporting 100

Reporting Cost-Benefit Internet of Things Data-driven 100

CIO Business Intelligence

APRIL 28, 2022

According to a Deloitte report , 73% of respondents said their organizations have embarked on a path to intelligent automation and they predict that robotic process automation (RPA) will reach almost universal adoption sometime in 2023. Understand the cost. How much labor will be saved with the implementation of automation?

Cost-Benefit 98

Cost-Benefit Insurance Metrics Software 98

CIO Business Intelligence

OCTOBER 21, 2022

But, with all this growth comes new potential costs. Amid a fast-changing landscape, contact center executives have a critical task: Keep pace and grow while also reducing costs and driving efficiency. Let’s look at four key decisions that can fuel effective cost management in contact centers. billion by 2030, a CAGR of 24.8%.

Cost-Benefit 97

Cost-Benefit Testing Metrics Marketing 97

Laminar Security

DECEMBER 1, 2023

According to a recent report by IBM , the average cost of a data breach in 2023 was $4.24 Laminar’s State of Cloud Data Security Report 2023 revealed that three out of four respondents acknowledged that their cloud environments were breached in the previous year. million, the highest it’s been in 17 years.

Modeling 52

Modeling Cost-Benefit Risk Data-driven 52

CIO Business Intelligence

FEBRUARY 7, 2023

In 2023, CIOs are guided to focus on enhancing workforce engagement, customer experience, and data and AI. Yet, it’s not uncommon for executives to cut costs in areas that actually improve customer experiences and also double-down on investments that can minimize them. The time is now.

Uncertainty 116

Uncertainty Cost-Benefit Sales Reporting 116

CIO Business Intelligence

DECEMBER 4, 2023

In January 2023, Oracle changed its licensing and/or pricing for Java for the fourth time in four years. According to State of Java Survey and Report 2023 , an independently run study of more than 2,000 Java users, Java users have taken notice. Do you provide indemnification in case of patent litigation?

ROI 52

ROI Cost-Benefit Testing Risk 52

CIO Business Intelligence

DECEMBER 19, 2023

Modern security challenges Data from the Verizon 2023 Data Breach Investigations Report (DBIR) shows the three primary ways in which attackers access an organization are stolen credentials, phishing and exploitation of vulnerabilities. Customers can review reports on threats blocked via a special portal.

Cost-Benefit 98

Cost-Benefit Risk Technology Forecasting 98

CIO Business Intelligence

SEPTEMBER 11, 2023

Supported by the nation’s Labor Fund Tamkeen, it also benefits from a workforce that is young, highly skilled, bi-lingual and tech savvy alongside a diverse expat talent pool offering a global perspective. As IDC suggests, the full impact of Bahrain’s long-term digital strategy is likely to become apparent in 2023.

Digital Transformation 110

Digital Transformation Cost-Benefit Strategy Statistics 110

CIO Business Intelligence

NOVEMBER 3, 2023

The 2023 IT salary report from Robert Half reinforces these findings. For IT professionals who report high levels of burnout, 42% are considering quitting their company within the next six months, according to survey data from Yerbo. Moreover, 30% reported that they feel inefficient at work.

IT 133

IT Reporting Uncertainty Cost-Benefit 133

IBM Big Data Hub

SEPTEMBER 6, 2023

In a May 2023 survey carried out by IBM and Momentive.ai , 67% of CMOs reported that they plan on implementing generative AI in the next 12 months and 86% plan to do so within 24 months. Enterprise marketing teams stand to benefit greatly from generative AI, yet introduction of this capability will require new skills and processes.

Marketing 123

Marketing Strategy B2B Cost-Benefit 123

IBM Big Data Hub

JANUARY 19, 2024

Last year, companies spent USD 219 billion on cybersecurity and solutions alone, a 12% increase from 2022, according to a recent report by the International Data Corporation (IDC) (link resides outside ibm.com). Reducing costs: According to IBM’s recent Cost of Data Breach Report , the average cost of a data breach in 2023 was USD 4.45

Strategy 101

Strategy Cost-Benefit Testing Risk 101