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 138

IT ROI Risk Strategy 138

CIO Business Intelligence

APRIL 24, 2024

The announcement comes amid reluctance among some CIOs regarding the ROI of generative AI copilots. The partnership between Cognizant and Microsoft may help ease some of that, as Cognizant’s consulting services can help enterprises find ways to leverage copilots as part of their business processes.

Enterprise 110

Enterprise Digital Transformation Consulting Risk 110

Alation

FEBRUARY 13, 2020

To answer that question, Alation worked with Forrester Consulting and seven of our production customers to conduct a Total Economic Impact (TEI) study. The research examined the potential ROI enterprises realize by deploying Alation. They looked at the benefits, costs and risks associated with a data catalog investment.

ROI 52

ROI Cost-Benefit Unstructured Data Data Lake 52

CIO Business Intelligence

MARCH 25, 2024

And they want to know exactly how much return on investment (ROI) can be expected when IT leaders make technology-related changes. CFOs have grown comfortable with the traditional project-based approach, through which they believe they get a better handle on spend certainty and a better sense of ROI.

Modeling 110

Modeling Cost-Benefit IT ROI 110

IBM Big Data Hub

MAY 17, 2023

SAP + IBM With our 50-year partnership with SAP, IBM offers the combination of SAP-enabled transformation expertise via IBM Consulting and enterprise-grade cloud platform capabilities that help accelerate our client’s ERP modernization journey no matter where they’re currently deployed.

Consulting 117

Consulting ROI Manufacturing Management 117

CIO Business Intelligence

AUGUST 30, 2023

Corporate projects are classically evaluated on standard matrices such as return on investment (ROI), break-even period, and capital invested. To capitalize on the gains offered by digital technologies, CIOs are building technology portfolios by allocating diverse investments based on prospective risk, reward, and value.

Digital Transformation 90

Digital Transformation Experimentation ROI Risk 90

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 121

IT Digital Transformation ROI Strategy 121

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. Maybe you’ve even surpassed expectations in each of these yardsticks.

ROI 105

ROI Cost-Benefit KPI Uncertainty 105

CIO Business Intelligence

MARCH 13, 2024

Management consulting firm AArete has been using other gen AI to do just that for about a year. “We At Gallagher, a global insurance brokerage, risk management, and consulting services firm, executive search practice managing director Tom Wilson says his team uses gen AI for research and written communications.

IT 119

IT Consulting Testing Cost-Benefit 119

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 109

IT Cost-Benefit Risk Consulting 109

CIO Business Intelligence

DECEMBER 29, 2023

But in 2024, CIOs will shift their focus toward responsible deployment, says Barry Shurkey, CIO at NTT Data, a digital business and IT consulting and services firm. However, one of the questions CIOs have about this disruptive technology is how do they govern generative AI, says Daniel Saroff, group VP for consulting and research at IDC.

Cost-Benefit 127

Cost-Benefit Digital Transformation Consulting Strategy 127

IBM Big Data Hub

JUNE 2, 2023

IBM Consulting’s Accelerated Incremental Mainframe Modernization Legacy applications, while being the current crown jewels of states’ IT ecosystems, hinder business agility and are expensive and complicated, therefore making any rebuild, refactor or integration attempts risky. Why IBM Consulting and AWS?

Consulting 81

Consulting Cost-Benefit Technology ROI 81

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 70

Technology ROI Metrics Digital Transformation 70

IBM Big Data Hub

JUNE 23, 2023

Bet on (and vet) AI-driven workflows We tapped into the minds of our very own F&A experts at IBM Consulting — the ones that know that how you help businesses make data-driven decisions indicates your ability to support future business. Risk management and controls are an imperative in F&A. Apply the controllership lens.

Finance 57

Finance Consulting Data-driven Risk 57

CIO Business Intelligence

JANUARY 17, 2023

But when it comes to PDF editors, a recent study from Forrester Consulting shows that this is not the case. In fact, by switching from a legacy PDF editor to a lower cost alternative, organizations saw a three-year ROI of 284%. A lower price tag often comes with a pared down, lower-quality product. Digital Transformation.

ROI 52

ROI Digital Transformation Risk Consulting 52

CIO Business Intelligence

AUGUST 2, 2023

Modernize with purpose Before you begin, it’s essential to tie any app modernization project to the business need that is being addressed, says Aparna Sharma, a managing partner for hybrid cloud services at IBM Consulting. Picking the right approach requires carefully studying all of the available options before making a final selection.

Consulting 85

Consulting Testing Software Cost-Benefit 85

CIO Business Intelligence

JUNE 8, 2023

Here are six things to consider: • Work with the business to identify the most practical use cases that will yield ROI. Keep cyber and resilience as standing board topics, even when not at elevated risks, to create muscle memory and potential energy for when action is required. Recognize that there will be roadblocks and plan for them.

Marketing 98

Marketing Recreation/Entertainment Interactive Risk 98

IBM Big Data Hub

OCTOBER 25, 2023

In the experience of our IBM Consulting teams, organizations that are just getting started on their modernization journeys need perspective on the “art of the possible” when it comes to understanding the benefits and value of AI-driven automation. Data availability and governance factors are also considerations when assessing ROI.

Cost-Benefit 84

Cost-Benefit ROI Modeling Testing 84

IBM Big Data Hub

NOVEMBER 6, 2023

With 89% of digital businesses investing in personalization to enhance the customer digital experience , those that fail to do so risk falling behind. Paired with IBM’s data consulting services, enterprises can leverage watsonx.data to track usage, generate dashboards and ultimately enable strategic decision making.

Cost-Benefit 104

Cost-Benefit Enterprise ROI Data Warehouse 104

IBM Big Data Hub

APRIL 21, 2023

At IBM Consulting , our finance consulting practitioners have seen first-hand how the CFO can help foster enterprise-wide change. These are the consultants that are often engaging with collaborative CFOs on ways to deliver new value- and work-streams within the finance function, as well as across the enterprise too.

Finance 75

Finance Consulting Enterprise Data-driven 75

CIO Business Intelligence

MAY 11, 2022

Companies that do not anchor to brand purpose run the risk of spending millions on technologies that do not align to what customers care about. Otherwise, risks include lags in response time, a shortfall in anticipating customer needs, a reduction in customer trust and damage to the CX. Implement change enablement. Bryan Comite.

ROI 84

ROI Digital Transformation Risk Optimization 84

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. Ensuring all IT spend is directly tied to business demand acts as an automatic cost optimizer.

IT 128

IT Cost-Benefit ROI Digital Transformation 128

CIO Business Intelligence

MAY 9, 2023

With this objective in mind: Determine your organization’s innovation appetite (versus its risk appetite; it is too early to speak of ROI in the metaverse). Successful companies stay focused on delivering products and services in any technology context. Are we trying to improve efficiency? Learn more at vision.protiviti.com/metaverse.

Digital Transformation 89

Digital Transformation ROI Business Objectives Manufacturing 89

CIO Business Intelligence

MAY 1, 2023

The complexity of an organization’s application landscape, along with the lack of perceived value in modernizing core applications to introduce new capabilities and enhance existing capabilities, introduces risk to both internal colleagues and external customers.

Consulting 52

Consulting Data Governance ROI Digital Transformation 52

Smart Data Collective

SEPTEMBER 9, 2022

What kind of ROI can big data offer for the ecommerce sector? The good news is that there are migration guidelines that can help minimize the risk of data loss. To get the perfect result, you can consult the team or look for detailed data on the website to understand what to use and how much to pay. Start the processes.

Data-driven 138

Data-driven Big Data ROI Manufacturing 138

CIO Business Intelligence

OCTOBER 31, 2023

Supply insightful, actionable data IT should supply sales team members with the timely, accurate data they need to become top performers, recommends Michael Tantrum, national sales director at IT consulting firm Resultant. Team members must accurately answer customer questions as soon as possible or risk losing sales.

Sales 101

Sales IT Enterprise Technology 101

CIO Business Intelligence

AUGUST 1, 2023

As many CIOs prepare their 2024 budgets and digital transformation priorities, developing a strategy that seeks opportunities to evolve business models, targets near-term operational impacts, prioritizes where employees should experiment, and defines AI-related risk-mitigating plans is imperative.

Digital Transformation 96

Digital Transformation Unstructured Data Strategy Experimentation 96

IBM Big Data Hub

NOVEMBER 10, 2023

The return on investment (ROI) as a result of efficiencies gained, reduction of unnecessary medical spend, and improved member experience scores, can be in the hundreds of millions for mid-sized payer with 3 million members.

Cost-Benefit 98

Cost-Benefit Insurance Consulting Unstructured Data 98

CIO Business Intelligence

MAY 25, 2023

Having a trustworthy and proven location to source Microsoft licenses, such as the Lenovo Pro Small Business Store, SMBs can efficiently stay on top of their Microsoft licensing requirements, without risk of dealing with unlicensed copies of the software. This is what Lenovo Pro Small Business Store has been designed to help address.

ROI 52

ROI Digital Transformation Software Risk 52

IBM Big Data Hub

MARCH 26, 2024

Businesses cannot prove there is no forced labor in their supply chain without working with procurement—to understand their supplier base, where they are located, and what might be high risk—let alone solution to embed proactive risk management in vendor onboarding.

Measurement 62

Measurement Metrics Strategy Reporting 62

CIO Business Intelligence

MAY 2, 2023

To gain a deeper understanding of how retail organizations can benefit from Generative AI applications, we spoke with James Caton, Practice Leader, Data and Artificial Intelligence, at Microsoft , and Girish Phadke, Technology Head, Microsoft and Cloud Platforms, at Tata Consultancy Services (TCS).

Cost-Benefit 81

Cost-Benefit Sales Visualization ROI 81

erwin

AUGUST 13, 2020

managing risk vs ROI and emerging countries)? As enterprise architects, we need to overcome certain undeniable truths to better serve our organizations: Management does not always rely on EA to make critical decisions: They often hire consultants to come in for six months to make recommendations.

Enterprise 143

Enterprise Cost-Benefit Uncertainty ROI 143

CIO Business Intelligence

FEBRUARY 24, 2023

As a result, it’s hard to calculate its ROI, but knowing cybercrime rates are likely to rise during tight economic times, these leaders understand that cutting cybersecurity expenditures could, in fact, cost more than they had anticipated. Cyber budgets must be spent wisely, often without increasing costs or targeting the most likely risks.

Strategy 85

Strategy ROI Consulting Technology 85

IBM Big Data Hub

MAY 9, 2023

This results in both increased ROI and much faster time to market. It is an automated data and model lifecycle solution for creating policies, assigning decision rights and ensuring organizational accountability for risk and investment decisions. Put AI to work in your business with IBM today IBM is infusing watsonx.ai

Data Warehouse 107

Data Warehouse Machine Learning Cost-Benefit Metadata 107

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

JUNE 26, 2023

For today’s IT professionals, AIOps is also one of the fastest ways to realize tangible ROI from digital transformation investments. But “always-on” is costly, and too many organizations overprovision to mitigate performance risks (and overspend in the process).

Digital Transformation 52

Digital Transformation Cost-Benefit ROI Data-driven 52

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 97

IT Cost-Benefit ROI Risk 97