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. Of late, concerns about the public “cloud-first” approach have emerged to challenge business value and skewer ROI, TCO and KPIs. Others conducted apples-to-apples comparisons of public cloud versus on-premises costs.

ROI 112

ROI Cost-Benefit KPI Uncertainty 112

datapine

MAY 21, 2019

Armed with BI-based prowess, these organizations are a testament to the benefits of using online data analysis to enhance your organization’s processes and strategies. Many are also overwhelmed by where to start, worried about cost and effort, and discouraged by stories of BI failures. “Up And the success stories are seemingly endless.

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards ROI 183

CIO Business Intelligence

DECEMBER 29, 2023

“The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Building and deploying intelligent automation CIOs will need to operate more efficiently by accelerating the benefits of automation.

Cost-Benefit 132

Cost-Benefit Digital Transformation Consulting Strategy 132

Smart Data Collective

MAY 17, 2023

People will no longer need to code every detail of a transaction or wait to approve reports. Reports will no longer need to be manually analyzed for business insights. AI has a number of benefits for ERP software: AI technology can improve how ERP software handles and analyzes data.

Enterprise 95

Enterprise Cost-Benefit Software Data-driven 95

IBM Big Data Hub

OCTOBER 25, 2023

First, technology leaders need to estimate the full financial impact of modernization (versus the cost of not modernizing) across the organization. Creating a customized ROI framework In generative AI, ROI calculation methods are not mature or standardized, nor are comparative benchmarks often available.

Cost-Benefit 89

Cost-Benefit ROI Modeling Testing 89

IBM Big Data Hub

NOVEMBER 20, 2023

While reports vary on whether the Great Resignation is still happening, the memory remains. Knowledgeable executives understand that strong talent management programs improve KPIs like employee retention percentages and employee satisfaction and decrease recruitment costs.

Strategy 108

Strategy Management Cost-Benefit Consulting 108

IBM Big Data Hub

MARCH 29, 2024

Generating repeat business is critical: McKinsey’s report on customer acquisition states (link resides outside of ibm.com) that companies need to acquire three new customers to make up the business value of losing one existing customer. Organizations that succeed at customer retention will benefit by encouraging customer loyalty.

Strategy 64

Strategy Cost-Benefit Key Performance Indicator Marketing 64

IBM Big Data Hub

NOVEMBER 30, 2023

Highlight the unique benefits, opportunities, and culture. Offer competitive compensation and benefits: Meet or exceed industry standards for pay and benefits packages and clearly communicate these offerings to potential candidates. Analyze the cost and benefits associated with each.

Strategy 68

Strategy Cost-Benefit Consulting Data-driven 68

Smart Data Collective

JANUARY 27, 2022

They have heard that big data can be useful, so they invest in it without much consideration for their ROI. Not only will this improve productivity, but it can also lead to cost savings down the road. Tip: Be sure to consult with your employees before making any major purchases. And that is always something worth investing in.

Optimization 106

Optimization IT Big Data Cost-Benefit 106

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. million in implementation costs. million over the following nine months. However, it said that the $22.2

Manufacturing 128

Manufacturing Cost-Benefit Sales Consulting 128

CIO Business Intelligence

MAY 16, 2022

ITIL’s systematic approach to IT service management (ITSM) can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. For more information on the benefits of the latest version of ITIL, see “ ITIL 4: ITSM gets agile.”.

IT 101

IT Cost-Benefit ROI Risk 101

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. Or even better: “Which marketing campaign that I did this quarter got the best ROI, and how can I replicate its success?”. Giving the most ROI?

IT 317

IT Statistics KPI Data-driven 317

CIO Business Intelligence

MAY 2, 2023

GenAI technologies offer significant potential benefits for retail organizations, including speedy price adjustments, customized behavior-based incentives, and personalized recommendations in response to searches and customer preferences. It essentially gives you an assistant or a Copilot to help do your job.

Cost-Benefit 86

Cost-Benefit Sales Visualization ROI 86

Smart Data Collective

NOVEMBER 24, 2020

In this article, you’ll discover: upcoming trends in business intelligence what benefits will BI provide for businesses in 2020 and on? The companies that yield BI-related tasks to internal IT teams now, are likely to hire expert consultants in the next years. Future of Business Intelligence: Benefits Provided. Increase in ROI.

Business Intelligence 131

Business Intelligence Visualization Dashboards Prescriptive Analytics 131

BA Learnings

AUGUST 7, 2021

Boston Consulting Group conducted a digital transformation study in 2020 to find out why such projects are missing the mark. According to a PMI report, 37% of projects fail because of unset or unclear goals. Digital transformation offers many benefits for your business. Let’s consider customer service as an example.

Digital Transformation 130

Digital Transformation Key Performance Indicator Cost-Benefit KPI 130

CIO Business Intelligence

OCTOBER 16, 2023

Instead, failure today means an IT project doesn’t deliver some or all its expected benefits, according to CIOs, project leaders, researchers, and IT consultants. Those benefits go away when a business sponsor is MIA. Little or no executive support Another leadership problem that can tank an IT project: top-level indifference.

IT 132

IT Cost-Benefit Management Digital Transformation 132

Anmut

APRIL 6, 2023

What are the Benefits of Doing a Data Maturity Assessment? What are the Benefits of Doing a Data Maturity Assessment? Here are some of the benefits of doing a data maturity assessment: 1. Who views reports or outputs from that data? Ready to unlock the benefits of a Data Maturity Assessment? Who analyses that data?

Cost-Benefit 52

Cost-Benefit Data Quality Data Governance Measurement 52

IBM Big Data Hub

JUNE 23, 2023

For F&A leaders, this means that it may have the ability to transform financial data, such as business performance reports, commentary and narratives. Financial reporting narratives (as well as commentary) play a pivotal role in providing meaningful insights and contextual understanding of a company’s financial performance.

Finance 64

Finance Reporting Cost-Benefit Modeling 64

datapine

JANUARY 18, 2023

Table of Contents 1) What Is The Report Definition? 2) Top 14 Types Of Reports 3) What Does A Report Look Like? Businesses have been producing reports since, forever. This presents a problem for many modern organizations today as building reports can take from hours to days. What Is The Report Definition?

Reporting 201

Reporting Metrics Dashboards Visualization 201

Sisense

FEBRUARY 26, 2020

Dresner reported that nearly 97% of respondents in their Big Data Analytics Market Study consider Big Data to be either important or critical to their businesses. Digital transformation has proven benefits. Data-driven companies typically enjoy an increase in profit of eight to ten percent and a ten percent reduction in overall cost.

Digital Transformation 90

Digital Transformation Analytics Cost-Benefit Data-driven 90

Jedox

APRIL 23, 2020

This includes encompassing territory planning, quota planning, calculation of sales compensation, publishing commission statements, sales forecasting, commission accruals, management reports and analytics. The key benefits of SPM automation are: Savings of 3% to 5% in sales compensation expenses & over payments. Fixed Data Model.

Sales 52

Sales Management B2B Dashboards 52

Anmut

MARCH 22, 2023

Anmut’s own clients estimate that poor data quality and availability causes at least 16% additional cost per year. The Anmut 5-step data maturity model At Anmut, we’ve created a data maturity model in consultation with data managers, academics, and business leaders. Because of this, employees report high levels of job satisfaction.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

Jet Global

JUNE 16, 2020

In addition to providing outsourced CFO and specialized consulting services, Tyee reaches an audience of accounting insiders through his widely-consumed articles, podcasts, and YouTube videos. Will financial reporting change in any way because of the pandemic? How have the challenges changed after the outbreak?

Finance 52

Finance Cost-Benefit Metrics Data-driven 52

CIO Business Intelligence

FEBRUARY 21, 2023

Understand that we might have to throw it away quickly, and that’s not a sunk cost,” Piddington says, adding that as a result CIOs need to get okay with more churn in the tech stack and truly embrace technology strategies centered around smaller investments and iterative builds rather than the big projects of yesteryear.

Digital Transformation 145

Digital Transformation Marketing Technology Software 145

Smart Data Collective

DECEMBER 14, 2019

Econsultancy and Adobe asked B2B companies to report on what the most exciting opportunity for growth in 2020 is and the leading answer was, “customer experience.” It allows leaders and innovators to explore and reach new levels of competitive advantages and save cost and time for both the company and the client. Problem-solving.

Big Data 65

Big Data Cost-Benefit B2B Sales 65

CIO Business Intelligence

JANUARY 3, 2024

Organizations considering value stream management (VSM) must look at several deciding factors, not the least of which is the potential return on investment (ROI). In fact, VSM has been shown to deliver significant organizational benefits and quantifiable, financial ROI. Organizational Alignment that reduces costs.

Management 121

Management ROI Cost-Benefit Data-driven 121

bridgei2i

MAY 19, 2021

They touch upon the role of GICs in driving the digital transformation agenda, the high visibility it brings to all functional areas of an organization, and the part it plays in bridging the gap between growth inefficiencies and cost management. This industry initially was, of course, everybody came to India and played a cost arbitrage game.

Enterprise 75

Enterprise Digital Transformation Marketing Cost-Benefit 75

CIO Business Intelligence

MAY 13, 2024

Other reports also highlight the strong CEO interest in AI. But where the puck is moving to is really around business use cases and identifying use cases where they will see value from their AI investments,” says Dera Nevin, a data lawyer, information risk management expert, and managing director in the technology segment at FTI Consulting.

IT 125

IT Digital Transformation ROI Strategy 125

IBM Big Data Hub

NOVEMBER 22, 2023

Here are some key benefits an enterprise resource planning system can bring when managing all aspects of the business. Customize reporting Real-time data reporting is one of the highlights of an ERP solution and why it’s a serious advantage over other business management systems.

Cost-Benefit 67

Cost-Benefit Consulting Software Enterprise 67

CIO Business Intelligence

APRIL 22, 2024

As such, Scavuzzo and his team look for technologies that do way more than boost productivity or cut costs. But we took a step back and asked, ‘What if we put in the software we think is ideal, that integrates with other systems, and then automate from beginning to end, and have reporting in real-time and predictive analytics?’”

IT 99

IT Data-driven Strategy Consulting 99

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.

Cost-Benefit 104

Cost-Benefit Insurance Consulting Unstructured Data 104

Occam's Razor

JANUARY 24, 2011

One great benefit: I get detailed reports from Amazon that tell me clicks and conversion rates! Compute conversion for online, identify costs saved due to non-payment of bounty, identify goal value! other things are all currently being justified via, often faith-based, financial ROI models. Couple more examples.

Analytics 122

Analytics Finance B2B ROI 122

IBM Big Data Hub

FEBRUARY 12, 2024

A key reason for this hesitancy is the complexity and cost of migrating to a new ERP platform. SAPinsider’s RISE with SAP 2023 report identified the primary benefit as the single contract that enables a cost-effective move 2. As with most enterprise IT modernization programs, there is no one-size-fits-all solution.

Cost-Benefit 74

Cost-Benefit Data Processing Consulting ROI 74

CIO Business Intelligence

APRIL 18, 2022

Organizations that continued full speed ahead with their digital transformation initiatives during the COVID-19 pandemic are able to ruminate on what went right and what they would have done differently, with the benefit of hindsight. Rich Nanda, US strategy and analytics offerings leader, Deloitte Consulting. Deloitte Consulting. “In

Digital Transformation 145

Digital Transformation Dashboards Cost-Benefit Consulting 145

CIO Business Intelligence

APRIL 20, 2023

They cannot secure it; they cannot effectively manage it; and they cannot control the spiraling costs of maintaining a mismatched portfolio of security tools with overlapping capabilities. One approach for organizations looking to counter tool sprawl and reduce costs is to deploy a single, authorized platform to handle multiple functions.

Cost-Benefit 72

Cost-Benefit ROI Digital Transformation Software 72

Domino Data Lab

JANUARY 6, 2019

more depth in the case studies), plus different styles of instruction (“ROI” gets discussed, a lot) are needed. For example, an exec from a large, well-known consulting firm explained to me how they rarely send staff to in-person courses. Recently the World Economic Forum published “ The Future of Jobs Report 2018.”

Data Science 56

Data Science Machine Learning Reporting Visualization 56

CIO Business Intelligence

DECEMBER 1, 2023

Their responsibilities include leading digital transformation efforts at the organization, delivering ROI on technology investments, and providing a secure platform for mission critical business processes. Respondents to the Forrester survey reported an average of 76 internet disruptions a month across all components of the Internet Stack.

Cost-Benefit 52

Cost-Benefit ROI Digital Transformation Data Processing 52