CIO Business Intelligence

APRIL 13, 2023

Gartner projects that spending on information security and risk management products and services will grow 11.3% To better focus security spend, some chief information security officers (CISOs) are shifting their risk assessments from IT systems to the data, applications, and processes that keep the business going. billion this year.

IT 111

IT Cost-Benefit Risk Consulting 111

CIO Business Intelligence

DECEMBER 5, 2023

Companies taking a multicloud approach can experience ballooning OpEx numbers, says Barrett Schrader, managing director of the technology consulting group at Protiviti: “Organizations can take advantage of volume discounts with reduced complexity. A major cost-cutting measure we’re undergoing is evaluating and consolidating vendors.

IT 138

IT Cost-Benefit ROI Digital Transformation 138

Occam's Razor

SEPTEMBER 29, 2009

One of the ultimate excuses for not measuring impact of Marketing campaigns is: "Oh, that's just a branding campaign." It is criminal not to measure your direct response campaigns online. I also believe that a massively under appreciated opportunity exists to truly measure impact of branding campaigns online.

Measurement 128

Measurement Metrics Analytics Marketing 128

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. In addition to that, the risk assessment will not be carried out properly, and you won’t know what pitfalls lie ahead until you’re already knee-deep in the problem. Let’s consider customer service as an example.

Digital Transformation 130

Digital Transformation Key Performance Indicator Cost-Benefit KPI 130

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. While we weren’t naïve to the risk of disruption to the business, the extent and magnitude was greater than we anticipated.”

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. ITIL is a collection of e-books, but merely going on a reading binge won’t improve your IT operations.

IT 105

IT Cost-Benefit ROI Risk 105

Anmut

APRIL 6, 2023

What does a Data Maturity Assessment Measure? The definition of a data maturity assessment is a measurement of the reliability, effectiveness, and efficiency of an organisation’s data management. What does a Data Maturity Assessment Measure? Want to understand where risks and costs lie in your organisation’s data?

Cost-Benefit 52

Cost-Benefit Data Quality Data Governance Measurement 52

CIO Business Intelligence

MAY 20, 2022

These capabilities allow us to reduce business risk as we move off of our monolithic, on-premise environments and provide cloud resiliency and scale,” the CIO says, noting National Grid also has a major data center consolidation under way as it moves more data to the cloud. “All All of our investments are about value.

IT 105

IT Digital Transformation Internet of Things Data Architecture 105

IBM Big Data Hub

OCTOBER 18, 2022

It’s more vexing than regulation, cyber risk, and even supply chain disruptions. Most admit uncertainty around ROI and nearly half struggle with adequate insights from their data. It’s the most frequently identified challenge CEOs expect to face over the next two to three years.

Uncertainty 52

Uncertainty Strategy Measurement ROI 52

datapine

JANUARY 24, 2021

Or even better: “Which marketing campaign that I did this quarter got the best ROI, and how can I replicate its success?”. Once you have your data analytics questions, you need to have some standard KPIs that you can use to measure them. Giving the most ROI? This quote might sound a little dramatic. Driving revenue?

IT 317

IT Statistics KPI Data-driven 317

Ontotext

APRIL 3, 2024

So, this is a big driver for the outcome because when you are saving money for the business, you can measure it and see its value. Nimit Mehta : You are talking about the three big ones: cost, revenue, and risk. And, when you get to the top, it’s about risks and existential threats to the business. Show me the ROI.”

Technology 59

Technology Risk Digital Transformation Measurement 59

CDW Research Hub

NOVEMBER 11, 2020

Sirius has developed the Security Performance Optimization solution to help you respond to shifting investment priorities, discover untapped value in your security investments, and prove the effectiveness of your security strategy with measured validation. Goldilocks and the “just right” security stack. Security Controls Results Snapshot.

Optimization 52

Optimization Cost-Benefit Snapshot Advertising 52

Alation

JANUARY 10, 2023

Plus, for customers focusing on the defensive side of a catalog, having data that is centralized and well governed can help companies comply with regulations and avoid both reputational damage and financial risk from GDPR fines. The study looked at the possible ROI businesses may get from using Alation.

ROI 52

ROI Data Lake Strategy Data-driven 52

IBM Big Data Hub

JUNE 23, 2023

Well-trained models can ensure that you adhere to predefined rules, standards and guidelines, reducing the risk of errors and eliminating inconsistencies in these narratives. The project should provide quick wins and measure the results rigorously to determine the impact on performance and ROI. Pilot the technology.

Finance 59

Finance Reporting Cost-Benefit Modeling 59

CIO Business Intelligence

SEPTEMBER 6, 2023

The discussions address changing regulatory and compliance requirements, and reveal vulnerabilities and threats for risk mitigation.” Ongoing IT security strategy conversations should address the organization’s cyber risk and arrive at strategic objectives, Albrecht says. Are we achieving maximum ROI on our security investments?

IT 142

IT ROI Risk Strategy 142

CIO Business Intelligence

MAY 13, 2024

The study identified the top CEO priorities as, among others, leading digital transformation, reducing security risk, strengthening collaboration with executive colleagues, and implementing AI. That’s not all, though, says Yang Shim, technology consulting leader with professional services firm EY Americas.

IT 131

IT Digital Transformation ROI Strategy 131

IBM Big Data Hub

MARCH 26, 2024

While ESG seeks to provide standard methods and approaches to measuring across environmental, social and governance KPIs, and holds organizations accountable for that performance, sustainability is far broader. How is sustainability managed—as an annual measuring exercise or an ongoing effort that supports business transformation?

Measurement 61

Measurement Metrics Strategy Reporting 61

CIO Business Intelligence

MAY 9, 2022

While strong ROI is compelling, so is the fact that people issues are one of the top enterprise risks. ISO 30414 reflects the enterprise risks of neglecting the people aspect of corporate activities, and it shines a light on the contributions of an organization’s people. What should companies do now?

Technology 97

Technology ROI Metrics Digital Transformation 97

IBM Big Data Hub

SEPTEMBER 11, 2023

How to quantify the impact : Quantify, articulate and measure the expected long-term benefit of a capability to justify the investment. Each recommendation was grounded in the user research conducted and validated to render significant return on investment (ROI) to the business mission of AZDCS. time (how much time is lost?)

Data-driven 86

Data-driven IT Measurement Cost-Benefit 86

IBM Big Data Hub

NOVEMBER 10, 2023

When combined with artificial intelligence (AI), an interoperable healthcare data platform has the potential to bring about one of the most transformational changes in history to US healthcare, moving from a system in which events are currently understood and measured in days, weeks, or months into a real-time inter-connected ecosystem.

Cost-Benefit 97

Cost-Benefit Insurance Consulting Unstructured Data 97

CIO Business Intelligence

APRIL 18, 2022

While it’s critical for tech leaders to communicate throughout a digital project, it’s also important to communicate appropriately, says Rich Nanda, US strategy and analytics offerings leader, at Deloitte Consulting. Rich Nanda, US strategy and analytics offerings leader, Deloitte Consulting. Deloitte Consulting. “In

Digital Transformation 145

Digital Transformation Dashboards Cost-Benefit Consulting 145

IBM Big Data Hub

NOVEMBER 22, 2023

This tailor-made approach lets the business measure whichever KPIs they find most important and track performance of different business components. Neste worked with IBM Consulting™ for SAP to roll out the SAP S/4HANA solution on the Microsoft Azure cloud across most of its operations, including its renewables supply chains.

Cost-Benefit 61

Cost-Benefit Consulting Software Enterprise 61

Anmut

APRIL 6, 2021

While businesses are happy to make investments in their underlying technology to become more data-driven, they could fail to realise an ROI because their data assets are poorly managed. Poor data quality leads to operational inefficiencies, security and compliance risks, a poor customer experience and loss of brand reputation. .

Digital Transformation 52

Digital Transformation Enterprise Data Quality Data-driven 52

Anmut

APRIL 6, 2021

While businesses are happy to make investments in their underlying technology to become more data-driven, they could fail to realise an ROI because their data assets are poorly managed. Poor data quality leads to operational inefficiencies, security and compliance risks, a poor customer experience and loss of brand reputation. .

Digital Transformation 52

Digital Transformation Data Quality Data-driven ROI 52

datapine

JANUARY 18, 2023

By working with strategic-style tools, you will: Improve internal motivation and engagement Refine your plans and strategies for the best possible return on investment (ROI) Enhance internal communication and optimize the way your various departments run Create more room for innovation and creative thinking 13.

Reporting 201

Reporting Metrics Dashboards Visualization 201

Andrew White

JANUARY 9, 2022

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. Link to item 6 on slide 27 is broken, [link] , for Dashboard to measure business impact, can you provide a current link? They operate “as a service”.

Analytics 64

Analytics Measurement Modeling Data-driven 64

Domino Data Lab

AUGUST 8, 2019

Their approach is to bombard “organoid” mini brains living in vats with potential cancer meds, to measure the meds’ relative effects. provides ways to kill 2-3 birds with one stone: better recommendations for people leveraging that data, along with better data governance, along with better ROI on research funding.

Data Science 71

Data Science Machine Learning Data Governance Statistics 71

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

The ROI of human involvement When it comes to human involvement, the key difference is in the magnitude of costs associated with any one forecast cycle. This defines the ROI on the investment of human time. It provides the occasion for deeper exploration of which inputs that can be influenced and which risks can be proactively managed.

Forecasting 113

Forecasting Data Science Statistics Uncertainty 113

datapine

OCTOBER 30, 2019

However, they have been a necessary evil, created by analysts and consultants. 3) Investigative report: Helps determine the risks involved with a specific course of action. 8) KPI report : Monitors and measures Key Performance Indicators ( KPIs ) to assess if your operations deliver the expected results.

Reporting 127

Reporting Visualization Dashboards KPI 127

Occam's Razor

MARCH 23, 2010

Part of it fueled by some Consultants. Too many new things are happening too fast and those of us charged with measuring it have to change the wheels while the bicycle is moving at 30 miles per hour (and this bicycle will become a car before we know it – all while it keeps moving, ever faster). Part of it fueled by Vendors.

Analytics 118

Analytics Consulting Metrics Experimentation 118

Jet Global

JANUARY 12, 2021

In fact, when you consider the tangible business benefits that powerful reporting can provide, an investment in BI tools delivers a very strong ROI. BI is about how your organization engages with data, how you measure and communicate key objectives, and how you draw insights from your data that help you manage your business more successfully.

Strategy 69

Strategy IT Cost-Benefit Finance 69

Depict Data Studio

SEPTEMBER 17, 2019

We’ll also measure your draft’s reading grade level and practice translating the research methods terminology we learned in grad school for the non-researchers who are using our data. . Isaac has over 20 years of performance management, evaluation, and outcome measurement experience. Before/After Data Visualization Makeovers.

Visualization 40

Visualization Consulting Dashboards Reporting 40

Andrew White

JANUARY 11, 2021

As with any good consulting response, “it depends.” Do you recommend a consulting approach strategy rather than a CDO strategy? Some data is more a risk than valuable. Risk Management (most likely within context of governance). measuring value, prioritizing (where to start), and data literacy? It really does.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

MAY 1, 2023

Manage compliance through up-to-the-minute performance measures, workflow automation, and essential regulatory reports. Services Technical and consulting services are employed to make sure that implementation and maintenance go smoothly. Return on Investment Now we bring it all together to calculate the ROI on embedded analytics.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52