CIO Business Intelligence

JANUARY 23, 2024

Regardless of where organizations are in their digital transformation, CIOs must provide their board of directors, executive committees, and employees definitions of successful outcomes and measurable key performance indicators (KPIs). As a result, outcome-based metrics should be your guide.

Measurement 122

Measurement Digital Transformation KPI Metrics 122

CIO Business Intelligence

APRIL 2, 2024

Over the past decade, CIOs have invested significantly in digital transformation initiatives in an effort to improve customer experiences, build data analytics capabilities, and deliver productivity enhancements with automation.

Management 113

Management Digital Transformation Testing Experimentation 113

BizAcuity

JUNE 3, 2022

Their seamless digital transformation included having to change the way they operated their stores. With the right forecasting model in place, businesses leverage highly accurate forecasts to ensure maximum cost savings. The future of retailing: Big Data Analytics for omnichannel retail and logistics.

Data Analytics 59

Data Analytics Analytics Forecasting Predictive Analytics 59

CIO Business Intelligence

APRIL 11, 2024

Better operational efficiency Nearly all ( 89%) of IT decision makers agree that data analytics is the lifeblood of modern government. Because AI can crunch down and produce actionable data in seconds to significantly improve operational efficiency, cost optimization, service delivery, and compliance.

Cost-Benefit 85

Cost-Benefit Predictive Analytics Data-driven Risk 85

CIO Business Intelligence

AUGUST 22, 2023

If digital transformation is a journey, when does it end? This is a question I am asked often by IT leaders who prefer slowing down the pace of transformation and technology innovation. Another study of 4,000 global organizations found that only 44% had a high digital maturity.

Digital Transformation 91

Digital Transformation Data-driven Cost-Benefit Strategy 91

CIO Business Intelligence

MAY 29, 2024

RISE with SAP combines SAP S/4HANA, the intelligent cloud ERP solution, with SAP Business Technology Platform (BTP), the integrated platform for data, analytics, integration, and extension, as well as other services, such as cloud infrastructure, application management, and business process intelligence.

Cost-Benefit 90

Cost-Benefit Finance Strategy Risk 90

IBM Big Data Hub

FEBRUARY 6, 2024

This infrastructure model relies on a network of remote data centers , servers and storage systems owned and operated by a third-party service provider. According to the most recent IBM Transformation Index: State of Cloud , more than 77% of respondents have adopted a hybrid cloud approach to help drive digital transformation.

Cost-Benefit 101

Cost-Benefit Digital Transformation Software Modeling 101

IBM Big Data Hub

DECEMBER 20, 2023

For instance, organizations can capitalize on a hybrid cloud environment to improve customer experience, comply with regulations, optimize costs, enhance data security and more. Workloads involving web content, big data analytics and AI are ideal for a hybrid cloud infrastructure.

Strategy 96

Strategy Cost-Benefit Digital Transformation Optimization 96

IBM Big Data Hub

APRIL 4, 2024

The need for private cloud settings is also closely linked to a hybrid cloud approach—the integration of on-premises, private cloud and public cloud into a single, flexible IT infrastructure—which is an essential part of the enterprise-business digital transformation journey. Adobe Creative Suite, Slack).

Data Processing 93

Data Processing Cost-Benefit Software Digital Transformation 93

IBM Big Data Hub

JANUARY 30, 2024

Increasingly, enterprise organizations are adopting a multicloud approach—the use of cloud services from more than one cloud vendor—to optimize performance, control costs and prevent vendor lock-in. Data silos: With data spread across multiple clouds and platforms, an organization risks creating data silos.

Strategy 93

Strategy Cost-Benefit Risk Optimization 93

Smart Data Collective

APRIL 25, 2022

Digital transformation has been a goal for many organizations in recent years, and the shift to remote and hybrid working arrangements has only made this desire to future-proof their business more immediate. However, this transition isn’t easy and wouldn’t be possible without major advances in big data technology.

Big Data 110

Big Data Cost-Benefit Digital Transformation Technology 110

IBM Big Data Hub

DECEMBER 1, 2023

Private cloud combines many benefits of cloud computing with the security and control of on-premises IT infrastructure. A multicloud environment helps prevent vendor lock-in, which can result in technical incompatibilities, legal restrictions and excess costs tied to using just one vendor. Google Workforce and Salesforce).

Data Processing 82

Data Processing Cost-Benefit Digital Transformation Testing 82

CIO Business Intelligence

AUGUST 16, 2022

Due to the cloud-based, platform business model, possibilities will open up not only for operations and maintenance services around core digital twin models, but for value-added digital services wrapped around these twins such as visualization, collaboration, physical and cybersecurity, data analytics, and AI-enabled preventative maintenance.

Visualization 141

Visualization Cost-Benefit IoT ROI 141

Smarten

NOVEMBER 28, 2023

And, as McKinsey reports, continuous improvement companies seek to eliminate costs and to empower employees to improve efficiency and growth of product and service innovation. Augmented analytics simplifies data analytics and enables data literacy and user adoption across the enterprise, providing actionable reporting and insight into data.

Analytics 67

Analytics Digital Transformation Testing Cost-Benefit 67

Smart Data Collective

JULY 21, 2022

Data analytics is incredibly valuable for helping people. More institutions are recognizing this, so the market for data analytics in education is projected to be worth over $57 billion by 2030. We have previously talked about the many ways that big data is disrupting education.

Data-driven 134

Data-driven Big Data Cost-Benefit Data Analytics 134

Cloudera

OCTOBER 30, 2023

Agility, innovation, and time-to-value are the key differentiators cloud service providers (CSP) claim to help organizations speed up digital transformation projects and business objectives. The main challenges are pointed out as a lack of resources/expertise, security, and from a different perspective, cloud cost management.

Analytics 77

Analytics Cost-Benefit ROI Business Objectives 77

CIO Business Intelligence

DECEMBER 6, 2023

Its digital transformation began with an application modernization phase, in which Dickson and her IT teams determined which applications should be hosted in the public cloud and which should remain on a private cloud. Amazon Web Services, Cloud Computing, Digital Transformation We’re a very purpose-based company.”

Manufacturing 72

Manufacturing Data Lake Digital Transformation Machine Learning 72

erwin

JANUARY 30, 2020

However, the latest group of survey participants say better decision-making is their primary driver (62 percent), with analytics secondary (51 percent), and regulatory compliance coming in third (48 percent). Constructing a Digital Transformation Strategy: How Data Drives Digital.

Data Governance 145

Data Governance Metadata Cost-Benefit Digital Transformation 145

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 98

Cost-Benefit Insurance Consulting Unstructured Data 98

IBM Big Data Hub

MARCH 20, 2024

In the business sphere, both large enterprises and small startups depend on public cloud computing models to provide the flexibility, cost-effectiveness and scalability needed to fuel business growth. Spending predictability: Experience more predictable ongoing operating expenses to achieve lower costs for overall IT spending.

Internet of Things 90

Internet of Things Cost-Benefit Data Processing IoT 90

CIO Business Intelligence

NOVEMBER 25, 2022

Carhartt’s signature workwear is near ubiquitous, and its continuing presence on factory floors and at skate parks alike is fueled in part thanks to an ongoing digital transformation that is advancing the 133-year-old Midwest company’s operations to make the most of advanced digital technologies, including the cloud, data analytics, and AI.

Data Lake 127

Data Lake Data Warehouse Unstructured Data Data Architecture 127

Sisense

APRIL 17, 2020

Money never sleeps and neither does your data. In Monetizing Your Data , we look at digital transformation: the ways of turning data into new revenue streams and apps that boost income, increase stickiness, and help your company thrive in the world of Big Data. Create an innovation factory at your company.

Data Strategy 81

Data Strategy Strategy Digital Transformation Data Warehouse 81

Smart Data Collective

OCTOBER 20, 2020

Big data has led to some major breakthroughs for businesses all over the world. Last year, global organizations spent $180 billion on big data analytics. However, the benefits of big data can only be realized if data sets are properly organized. Database Management Practices for a Sound Big Data Strategy.

Big Data 98

Big Data Data Strategy Strategy Cost-Benefit 98

IBM Big Data Hub

JUNE 14, 2023

An innovative application of the Industrial Internet of Things (IIoT), SM systems rely on the use of high-tech sensors to collect vital performance and health data from an organization’s critical assets. Ensure that sensitive data remains within their own network, improving security and compliance.

Manufacturing 72

Manufacturing Technology Internet of Things Cost-Benefit 72

IBM Big Data Hub

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms.

Cost-Benefit 80

Cost-Benefit Scorecard Risk Recreation/Entertainment 80

CIO Business Intelligence

OCTOBER 3, 2023

Hyperautomation is a key enabler of digital transformation, often touted as being necessary for an organisation’s survival, but often hampered by economic pressures and talent shortages. These tools bring benefits beyond automation. Managing change and communicating the benefits effectively will be crucial.

Cost-Benefit 101

Cost-Benefit Machine Learning Interactive Software 101

AWS Big Data

MAY 1, 2024

To transform Fujitsu from an IT company to a digital transformation (DX) company, and to become a world-leading DX partner, Fujitsu has declared a shift to data-driven management. However, Excel is mainly designed for spreadsheets; it’s not designed for large-scale data analytics and automation.

Dashboards 112

Dashboards Data-driven Publishing Cost-Benefit 112

IBM Big Data Hub

NOVEMBER 3, 2023

In the age of constant digital transformation, organizations should strategize ways to increase their pace of business to keep up with — and ideally surpass — their competition. As a result, I see access to real-time data as a necessary foundation for building business agility and enhancing decision making.

Cost-Benefit 75

Cost-Benefit Experimentation Testing Digital Transformation 75

IBM Big Data Hub

JUNE 29, 2023

Manufacturing has undergone a major digital transformation in the last few years, with technological advancements, evolving consumer demands and the COVID-19 pandemic serving as major catalysts for change. Digitalization and Industry 4.0 IDG infographic to understand how you can unlock Industry 4.0

Manufacturing 55

Manufacturing Internet of Things Cost-Benefit Digital Transformation 55

CIO Business Intelligence

NOVEMBER 13, 2023

The changing landscape of IT, driven by rapid advances in technology and digital transformation, has seen a shift in CIOs’ responsibilities and challenges. Embracing change, fostering innovation, and maintaining a relentless focus on delivering value will serve CIOs well in this new era of digital transformation,’’ Purdy says.

Digital Transformation 126

Digital Transformation Insurance Software Technology 126

CIO Business Intelligence

FEBRUARY 26, 2024

Empower employees to gain skills in data science, data analytics, ML, and project management. Zara’s trial of self-checkouts in their stores, for instance, was originally met with resistance, but when customers began to benefit from shorter waiting times, they soon accepted the change as a success.

Experimentation 109

Experimentation Cost-Benefit Digital Transformation Risk 109

FineReport

APRIL 9, 2024

Understanding Healthcare BI Tools The Role of Healthcare BI Tools Healthcare BI tools are instrumental in revolutionizing decision-making processes and patient care through the utilization of advanced data analysis and technology.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

IBM Big Data Hub

JUNE 29, 2023

As the pace of digital transformation accelerates in the manufacturing and engineering industries, two concepts have gained significant traction: digital twins and digital threads. Both concepts refer to digital representations of physical objects, but they serve different purposes and offer companies unique advantages.

Internet of Things 54

Internet of Things Manufacturing Digital Transformation Optimization 54

CIO Business Intelligence

JUNE 1, 2022

Meanwhile, the digital twin market is set to grow at a 50% compound annual growth rate, reaching $184.5 For businesses like the McLaren Group, these two trends are at the core of the conglomerate’s digital transformation and competitive strategy, on and off the track. . Intel® Technologies Move Analytics Forward.

Manufacturing 93

Manufacturing Digital Transformation Predictive Analytics Strategy 93

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

IBM Big Data Hub

MAY 9, 2023

Watsonx.data will allow users to access their data through a single point of entry and run multiple fit-for-purpose query engines across IT environments. Through workload optimization an organization can reduce data warehouse costs by up to 50 percent by augmenting with this solution. [1]

Data Warehouse 73

Data Warehouse Cost-Benefit Recreation/Entertainment Unstructured Data 73

CIO Business Intelligence

AUGUST 3, 2023

When global technology company Lenovo started utilizing data analytics, they helped identify a new market niche for its gaming laptops, and powered remote diagnostics so their customers got the most from their servers and other devices. It takes a lot of grunt work, but with that work done, one can do amazing things.”

Analytics 84

Analytics Data Lake Metadata Cost-Benefit 84