CIO Business Intelligence

APRIL 4, 2024

Like other CIOs, Katrina Redmond has been inundated with opportunities to deploy AI that promise to speed business and operations processes, and optimize workflows. To be successful, an AI proof of concept (PoC) project also needs to make good business sense, says CIO Vikram Nafde, CIO at Connecticut-based Webster Bank.

Enterprise 134

Enterprise Cost-Benefit Forecasting Strategy 134

Rocket-Powered Data Science

FEBRUARY 15, 2023

Second, doing something new (especially something “big” and disruptive) must align with your business objectives – otherwise, you may be steering your business into deep uncharted waters that you haven’t the resources and talent to navigate.

Strategy 289

Strategy Experimentation Uncertainty Machine Learning 289

IBM Big Data Hub

DECEMBER 20, 2023

Without an AI strategy, organizations risk missing out on the benefits AI can offer. An AI strategy helps organizations address the complex challenges associated with AI implementation and define its objectives. Organizations that make efforts to understand AI now and harness its power will thrive in the future.

Strategy 80

Strategy Business Objectives Cost-Benefit Consulting 80

CIO Business Intelligence

NOVEMBER 13, 2023

In today’s fast-paced business world, companies are striving to harness the power of digital technologies to reinvent their operations, enhance customer experiences, drive innovation, and thereby create value for stakeholders. But the hard truth is that many digital initiatives fail to deliver results.

Digital Transformation 143

Digital Transformation Cost-Benefit Experimentation Measurement 143

CIO Business Intelligence

JUNE 21, 2023

Not since the iPhone have we witnessed a technology change the course of human behavior and the imagination of people everywhere practically overnight. How do you convince decision-makers to collaborate on linking IT strategy with business strategy? The same can be said for digital and business transformation.

Modeling 105

Modeling Cost-Benefit Digital Transformation ROI 105

CIO Business Intelligence

JUNE 28, 2023

These circumstances have induced uncertainty across our entire business value chain,” says Venkat Gopalan, chief digital, data and technology officer, Belcorp. “As Finally, our goal is to diminish consumer risk evaluation periods by 80% without compromising the safety of our products.”

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

IBM Big Data Hub

JANUARY 25, 2024

.” Read the “Presidio AI Framework” paper to learn how to address generative AI risks with guardrails across the expanded AI life cycle As generative AI continues to go mainstream, organizations are excited about the potential to transform processes, reduce costs and increase business value.

Strategy 106

Strategy Risk Cost-Benefit Business Objectives 106

CIO Business Intelligence

JULY 31, 2023

To spend on technology and digital at a rate slower than that of revenue growth, enabling scale and simplifying your environment? How will the vision be enabled by disruptive technologies like Generative AI , IoT, and Cloud? What major challenges and risks stand between the current state and the vision? How much will it cost?

Strategy 98

Strategy IT Cost-Benefit Finance 98

CIO Business Intelligence

DECEMBER 22, 2023

These IT pros can also help organizations avoid potential risks around cloud security, while ensuring a smooth transition to the cloud across the company. With 65% of IT decision-makers choosing cloud-based services by default when upgrading technology, cloud architects will only become more important for enterprise success.

Consulting 130

Consulting Software Business Objectives Optimization 130

FineReport

APRIL 9, 2024

Benefits of Utilizing BI Tools The utilization of data analysis tools such as business intelligence software offers numerous benefits for organizations seeking to gain a competitive edge in today’s dynamic market landscape.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

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. Here are three key trends that will likely dominate the priorities of APAC’s business leaders in the coming year.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

CIO Business Intelligence

FEBRUARY 1, 2023

As organizations of all stripes continue their migration to the cloud, they are coming face to face with sometimes perplexing cost issues, forcing them to think hard about how best to optimize workloads, what to migrate, and who exactly is responsible for what. Lacking a clear strategy determined by business objectives.

Optimization 111

Optimization Cost-Benefit Consulting Strategy 111

IBM Big Data Hub

JULY 27, 2023

More recently, these systems have integrated advanced technologies like Internet of Things (IoT), artificial intelligence (AI) and machine learning (ML) to enable predictive analytics and real-time monitoring. This not only helps businesses avoid regulatory penalties, but it also creates safer operations and improves public perception.

Cost-Benefit 60

Cost-Benefit IoT Internet of Things Enterprise 60

IBM Big Data Hub

JUNE 30, 2022

There’s a renewed interest in reflecting on what can and should be done with data, how to accomplish those goals and how to check for data strategy alignment with business objectives. Competition plays harder, and every day, new business models and alternatives driven by data and digitalization surface in almost every industry.

Data Strategy 58

Data Strategy Strategy Business Objectives Data-driven 58

CIO Business Intelligence

SEPTEMBER 20, 2023

Many IT teams use agile methodologies to iteratively deliver feature-rich releases, improve capabilities, address technical debt, and experiment with emerging technologies. Business leaders get scared and say, ‘Tell me the plan so I can sleep at night,’” said Ronica Roth, co-founder and principal of The Welcome Elephant.

Digital Transformation 135

Digital Transformation Uncertainty Metrics Business Objectives 135

Alation

NOVEMBER 17, 2022

What foundation needs to be in place at the start, and what journey does an organisation need to embrace to benefit from the forensic insights their data can reveal? Step 1 – Be clear about your business objectives. First, what are your business objectives? So how do you get all of this right?

Data-driven 52

Data-driven Cost-Benefit Business Objectives Technology 52

IBM Big Data Hub

JUNE 23, 2023

Figure 3 highlights ancillary benefits that conversational AI technology provides. Improve consistency and accuracy: Consistency in messaging across different reports and reporting periods is a critical benefit. information technology). Pilot the technology.

Finance 65

Finance Reporting Cost-Benefit Modeling 65

FineReport

APRIL 26, 2023

Value is the most important V for businesses, as it allows for the extraction of insights that could give organizations a competitive advantage. By leveraging Big Data technologies, companies can collect, store, and analyze information to make informed decisions and improve their operations. Why do Enterprises Need Big Data Tools?

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

CDW Research Hub

JUNE 11, 2020

This method is commonly used to migrate large-scale legacy applications in order to meet specific business objectives, such as an accelerated product launch timeline. The cloud data center benefits. Cost savings and global reach. Quicker time to deploy and update applications. The results.

Optimization 52

Optimization Cost-Benefit Strategy Business Objectives 52

IBM Big Data Hub

AUGUST 1, 2023

Organizations increasingly depend on digital technologies to serve their customers and collaborate with partners. An organization’s technology stack can create new and exciting opportunities to grow its business, but an error in service can also create exponential disruptions and damage to its reputation and financial health.

Management 62

Management Key Performance Indicator Software Cost-Benefit 62

datapine

MARCH 31, 2022

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. It’s Flexible. This means there are many chances to grow and escalate fast.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

O'Reilly on Data

JULY 28, 2020

The Ethical OS also provides excellent tools for thinking through the impact of technologies. This isn’t always simple, since it doesn’t just take into account technical risk; it also has to account for social risk and reputational damage. AI product managers need to understand how sensitive their project is to error.

Marketing 362

Marketing Experimentation Metrics Testing 362

CIO Business Intelligence

SEPTEMBER 13, 2023

“It is nearly impossible to separate the business strategy from the organization’s technology strategy. Given this, it is critical that the CIO drive technology innovation in order to drive the overall business strategy,” says Marcus Murph, head of CIO Advisory at professional services firm KPMG. Give them challenges.

IT 136

IT Digital Transformation Risk Cost-Benefit 136

AWS Big Data

DECEMBER 8, 2023

Users could now assess risk, profitability, and cross-sell opportunities not only for piecemeal divisions or products, but also globally for the business as a whole. This means that workloads can be isolated to individual clusters, allowing for a more streamlined schema design, WLM configuration, and right-sizing for cost optimization.

Data Warehouse 66

Data Warehouse Cost-Benefit KPI Risk 66

CIO Business Intelligence

OCTOBER 9, 2022

Increasing adoption of digital technologies are making apps inevitable in our everyday life. From a technology perspective, this means having an agile and flexible IT environment,” said Paul Chik, Hong Kong Solution Leader at Kyndryl. App modernisation continues to rise in priority.

Cost-Benefit 119

Cost-Benefit Digital Transformation Strategy Enterprise 119

IBM Big Data Hub

MARCH 6, 2024

Businesses are increasingly embracing cloud infrastructure due to its scalability, flexibility and cost-effectiveness, among other benefits. Recent statistics indicate a significant rise in companies adopting cloud services to meet their operational and cost saving needs.

Optimization 82

Optimization Strategy Cost-Benefit Testing 82

CIO Business Intelligence

SEPTEMBER 20, 2023

And in charge of the group’s technological strategy and digitalization processes is global CIO Vanessa Escrivá. In 2021, the company was defining its new strategic cycle, and as the business area was setting these new objectives, I did the same in the technology domain to accompany the business.

Modeling 98

Modeling Insurance IT Cost-Benefit 98

datapine

JANUARY 18, 2023

With this information in hand, businesses can build strategies based on analytical evidence and not simple intuition. With the use of the right BI reporting tool businesses can generate various types of analytical reports that include accurate forecasts via predictive analytics technologies.

Reporting 201

Reporting Metrics Dashboards Visualization 201

datapine

DECEMBER 17, 2019

As in many other industries, the information technology sector faces the age-old issue of producing IT reports that boost success by helping to maximize value from a tidal wave of digital data. Get our summary to learn the key elements and benefits of IT reporting! The Top Business-Boosting Benefits Of IT Reporting.

Reporting 173

Reporting IT Key Performance Indicator Dashboards 173

IBM Big Data Hub

JANUARY 31, 2024

The main motivators for outsourcing are cost savings; the flexibility to ramp up or scale back functions and goods or services as needed; and greater access to specific skills or raw materials. The trend toward digital transformation has many organizations strengthening their operations through business process outsourcing.

Cost-Benefit 103

Cost-Benefit Manufacturing Strategy Risk 103

IBM Big Data Hub

MAY 23, 2023

“And it should emphasize the business case for security.” ” Read IBM’s “Cost of a data breach 2022” report Security is fast becoming a conversation about empowerment versus just protection. Cybercrime will continue to rise, and attacks on these environments are costly and tough to detect.

Cost-Benefit 99

Cost-Benefit Strategy Reporting Marketing 99

IBM Big Data Hub

OCTOBER 20, 2023

AI plays a pivotal role as a catalyst in the new era of technological advancement. ” When observing its potential impact within industry, McKinsey Global Institute estimates that in just the manufacturing sector, emerging technologies that use AI will by 2025 add as much as USD 3.7 trillion in value. .” trillion in value.

Machine Learning 79

Machine Learning Manufacturing Cost-Benefit Deep Learning 79

IBM Big Data Hub

DECEMBER 20, 2023

To capture the most value from hybrid cloud, business and IT leaders must develop a solid hybrid cloud strategy supporting their core business objectives. Hybrid multiclouds are typically built on open-source , cloud-native technologies like Kubernetes.

Strategy 104

Strategy Cost-Benefit Digital Transformation Optimization 104

Alation

MAY 12, 2022

Every company is a technology company. Or, rather, every successful company these days is run with a bias toward technology and data, especially in the manufacturing industry. technologies, manufacturers must deploy the right technologies and, most importantly, leverage the resulting data to make better, faster decisions.

Manufacturing 52

Manufacturing Data Governance Cost-Benefit IoT 52

IBM Big Data Hub

AUGUST 11, 2023

Before implementing an MES, it’s essential to conduct a thorough assessment of your manufacturing operations, set clear objectives, involve key stakeholders and select the right MES vendor that aligns with your specific needs. Compliance and security: For industries with strict regulatory requirements (e.g.,

Software 74

Software Manufacturing Cost-Benefit ROI 74

CDW Research Hub

JANUARY 10, 2020

IT administrators have a full plate when it comes to setting up the best possible infrastructure to support their business outcomes, especially when that means keeping core legacy systems running while integrating new technologies. Hyperconverged systems represented the next wave after converged technologies.

Strategy 52

Strategy Business Objectives Cost-Benefit Software 52

datapine

APRIL 9, 2019

Well, a cohesive, well-oiled HR department will offer your business the following benefits: Your HR department can help to catalyze internal training and development, keeping your staff engaged and upskilled on a continual basis. Aligning Business Objectives With HR Data. Training costs. Recruitment costs.

Reporting 155

Reporting Dashboards Metrics Cost-Benefit 155