CIO Business Intelligence

OCTOBER 6, 2022

As an IT leader, being able to foster innovation not only benefits the IT itself, with greater efficiency, effectiveness and value, but the organization it serves and you personally, as it illustrates your ability to be an internal agent of change, a true business partner, and an asset at the strategy table. It doesn’t work that way.

IT 145

IT ROI Cost-Benefit Software 145

CIO Business Intelligence

APRIL 1, 2024

That’s not hyperbole: TEKsystems’ 2024 State of Digital Transformation report found that 53% of organizations classified as digital leaders are confident that their digital investments will meet expected ROIs. In contrast, only 27% of those categorized as DX laggards say as much. That’s the black swan for gen AI,” Gupta says.

Strategy 140

Strategy IT ROI Digital Transformation 140

Smart Data Collective

DECEMBER 17, 2021

Business Intelligence is the collection, storage, analysis, and reporting of data to make better business decisions. Data digitization involves taking an existing document or dataset and converting it into digital format, typically using optical scanning or data entry. Interactive reports are the future of business intelligence.

Business Intelligence 93

Business Intelligence Cost-Benefit Dashboards Interactive 93

CIO Business Intelligence

MARCH 13, 2024

According to a research report IDC released in November, based on a survey of over 2,100 business leaders and decision makers with responsibility for AI transformation, 71% of companies already using AI are seeing returns on their AI investments within 14 months, averaging $3.50 for every $1 spent. We did side-by-side testing,” he says.

IT 128

IT Consulting Testing Cost-Benefit 128

Alation

JULY 15, 2022

In other words, ethics and governance aren’t just about mitigating risk; with the right approach, they can boost profits, productivity, and ROI. Organisations who do assess can gain additional benefits from the work that’s already done. The 2007/2008 financial crisis unveiled the monstrous risk of mis-reporting data. Data Value.

Cost-Benefit 89

Cost-Benefit Data Governance ROI Risk 89

datapine

JANUARY 6, 2022

Before any serious data analysis can begin, the scale of measurement must be decided for the data as this will have a long-term impact on data interpretation ROI. Now that we have seen how to interpret data, let’s move on and ask ourselves some questions: what are some data interpretation benefits? minimal growth).

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

Smart Data Collective

AUGUST 3, 2023

Its implementation offers numerous benefits and applications that streamline operations and enhance efficiency. Fleet managers increasingly turn to cutting-edge technologies to boost productivity and save costs. Look at the top blockchain benefits and how they improve fleet management.

Technology 85

Technology Management Cost-Benefit Manufacturing 85

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?”.

IT 317

IT Statistics KPI Data-driven 317

BA Learnings

AUGUST 7, 2021

According to a PMI report, 37% of projects fail because of unset or unclear goals. You consider intelligent document processing software now. Now take each category of digital transformation and focus on that, according to a pre-designed timeline, while also leaving enough window after the project to measure ROI.

Digital Transformation 130

Digital Transformation Key Performance Indicator Cost-Benefit KPI 130

IBM Big Data Hub

APRIL 18, 2024

While leaders have some reservations about the benefits of current AI, organizations are actively investing in gen AI deployment, significantly increasing budgets, expanding use cases, and transitioning projects from experimentation to production. A key trend is the adoption of multiple models in production.

Cost-Benefit 93

Cost-Benefit Modeling Manufacturing Interactive 93

Octopai

MARCH 24, 2020

Every time someone from Marketing or Sales or HR needs a report created or modified, or every time there’s a problem with some data in a report that needs to be sorted ASAP – who do you call? Most businesses use more than five reporting tools, often in isolation from one another.). BI, obviously. Watch the webinar!

Metadata 43

Metadata Cost-Benefit Business Intelligence ROI 43

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

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

Sisense

JULY 8, 2020

This is mostly due to the rise of data warehouses, decrease in cost for data storage, and modern ETL tools that make storing and accessing data more approachable than ever before. Marketing teams want better visibility into their ad performance across different platforms and the ROI on their spend. The ETL process and data warehouses.

Data Warehouse 90

Data Warehouse Data Lake Data-driven Cost-Benefit 90

Octopai

OCTOBER 5, 2021

If you’re in the market for a data catalog, you likely have at least one tool each for your ETL, database, analysis, and analytics/reporting functions. An automated data catalog solution will automatically extract the data assets from across the different software in your BI landscape, including ETLs, databases, and reporting tools.

Business Intelligence 84

Business Intelligence Software Cost-Benefit Metadata 84

datapine

JANUARY 21, 2020

Big data plays a crucial role in online data analysis , business information, and intelligent reporting. That’s where business intelligence reporting comes into play – and, indeed, is proving pivotal in empowering organizations to collect data effectively and transform insight into action. What Is BI Reporting?

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

CIO Business Intelligence

MAY 1, 2024

Ready to roll It’s shorter to make a list of organizations that haven’t announced their gen AI investments, pilots, and plans, but relatively few are talking about the specifics of any productivity gains or ROI. But that may be as much about protecting any competitive advantage as it is about any lack of success.

Cost-Benefit 143

Cost-Benefit Metrics Insurance Measurement 143

datapine

APRIL 15, 2020

It’s necessary to say that these processes are recurrent and require continuous evolution of reports, online data visualization , dashboards, and new functionalities to adapt current processes and develop new ones. Working software over comprehensive documentation. Collaboratively develop reports.

Business Intelligence 276

Business Intelligence Analytics Testing Dashboards 276

CIO Business Intelligence

DECEMBER 7, 2022

million in labor costs (contract or permanent) over a three-year period. Building a business case and defining a clear path to ROI. These team members may belong to other organizations, for example, a System Integrator, which could mean the knowledge of the IT support function is not documented locally.

ROI 97

ROI Cost-Benefit Modeling Data-driven 97

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 100

Cost-Benefit Insurance Consulting Unstructured Data 100

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

AUGUST 11, 2023

Proper planning and preparation will contribute to a successful MES implementation and maximize its benefits for your organization. Data analytics and reporting: The MES software should provide comprehensive analytics and reporting capabilities, allowing you to track and analyze KPIs, production trends and efficiency metrics.

Software 72

Software Manufacturing Cost-Benefit ROI 72

Jet Global

MAY 15, 2020

Under modern day reporting standards, companies are formally obligated to present their financial data in the following statements: balance sheet, income statement, and cash flow statement. However, not all key financial performance indicators are directly shown in the standard reporting and require some calculating.

Metrics 98

Metrics Finance Reporting KPI 98

Paul Blogs on BI

JANUARY 7, 2021

It’s as though the whole organization woke up to the importance of BI reporting and analysis and they all want everything right now” he said. The solution basically took 45 different Excel based ROI calculators and unified them into a single integrated dashboard.

ROI 69

ROI Dashboards Business Intelligence Cost-Benefit 69

IBM Big Data Hub

SEPTEMBER 11, 2023

What makes or breaks the success of a modernization is our willingness to develop a detailed, data-driven understanding of the unique needs of those that we aim to benefit. How to prioritize : Use data to understand what enhancements and capabilities would bring the greatest benefit.

Data-driven 88

Data-driven IT Measurement Cost-Benefit 88

datapine

DECEMBER 11, 2019

SaaS is a software distribution model that offers a lot of agility and cost-effectiveness for companies, which is why it’s such a reliable option for numerous business models and industries. A Betterbuys report reveals that the specific expenditure in the U.S. billion by 2022—a level of growth that will shape SaaS trends in 2020.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

Corinium

APRIL 25, 2019

Most enterprises in the 21st century regard data as an incredibly valuable asset – Insurance is no exception - to know your customers better, know your market better, operate more efficiently and other business benefits. What do you recommend to organizations to harness this but also show a solid ROI? And then there is the Cloud.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

IBM Big Data Hub

MAY 9, 2023

This results in both increased ROI and much faster time to market. For AI to be truly transformative, as many people as possible should have access to its benefits. With watsonx.data , businesses can quickly connect to data, get trusted insights and reduce data warehouse costs. Trust is one part of the equation. Watsonx.ai

Data Warehouse 107

Data Warehouse Machine Learning Cost-Benefit Metadata 107

IBM Big Data Hub

JUNE 30, 2023

Machinery, equipment, facilities and vehicles provide economic value or benefit operations. Organizations can’t work effectively if they don’t invest to keep their assets running cost-effectively throughout their lifecycle. Other features like vendor and inventory management, reporting, analysis (e.g.,

Management 63

Management Cost-Benefit Enterprise IoT 63

Smart Data Collective

APRIL 23, 2020

For the last four years, a majority of CIOs have reported that their IT budgets rose compared to the year prior. There are a number of benefits associated with thorough and accurate software stack expenditure planning, including good communication between the CEO and CIO about business priorities and streamlined procurement processes.

Software 76

Software IT Scorecard Cost-Benefit 76

John Wheeler

NOVEMBER 25, 2020

Through evaluative capabilities including risk and control documentation/assessment, incident management, risk mitigation, key risk indicator reporting/monitoring, and risk quantification and analytics , IRM vendors address multiple market use-case domains defined by Gartner. This shift will not fade as we recover.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

IBM Big Data Hub

AUGUST 30, 2023

IBM Maximo has been a leading enterprise asset management solution in the industry for four decades, helping customers streamline work processes with a centralized platform for managing tasks, inventory, regulatory compliance and reporting capabilities. IBM Maximo customers will be required to move to IBM MAS when Maximo 7.x

Data Processing 70

Data Processing Cost-Benefit Internet of Things Enterprise 70

Smart Data Collective

MAY 19, 2022

One of the biggest benefits is that it can help automate many aspects of the sales process. Due to the benefits of automated technologies powered by artificial intelligence and data analytics, sales staff may now concentrate on the most vital aspects of the sales cycle. Would you like to make your financial reporting more efficient?

Sales 133

Sales Big Data Cost-Benefit Marketing 133

Andrew White

JANUARY 9, 2022

For example I would argue that most organizations that report their carbon footrest are not doing it consistently and nor are they doing it correctly. Yet there is no inclusion in the conversation about the costs and issues related to the battery and materials used in the most expensive part of the EV. That is the key.

Analytics 64

Analytics Measurement Modeling Data-driven 64

datapine

FEBRUARY 22, 2022

2) BI Strategy Benefits. Without real-time insight into their data, businesses remain reactive, miss strategic growth opportunities, lose their competitive edge, fail to take advantage of cost savings options, don’t ensure customer satisfaction… the list goes on. Benefits Of Implementing a BI Strategy. Table of Contents.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

CIO Business Intelligence

MAY 16, 2023

It helps automate notices of process delays and supports swift document retrieval. The HR department also shortened its document processing from 90 days to less than 10 days. And now the retailer keeps customized management reports for continuous monitoring. Yet, unstructured HR operations can be detrimental.

IT 52

IT Cost-Benefit ROI Digital Transformation 52

Alation

FEBRUARY 1, 2022

A new research report by Ventana Research, Embracing Modern Data Governance , shows that modern data governance programs can drive a significantly higher ROI in a much shorter time span. Menninger states that modern data governance programs can provide a more significant ROI at a much faster pace.

Data Lake 52

Data Lake Data Governance ROI Cost-Benefit 52