CIO Business Intelligence

APRIL 18, 2024

A new breed of AI assistant has set its sights on the enterprise user in recent months, with Microsoft and other vendors promising huge productivity gains that offset the cost. Its Copilot for Microsoft 365, a high-profile offering among the growing list of AI agents, costs $30 per seat per month, with a 300-seat minimum. No,” he says.

Cost-Benefit 129

Cost-Benefit ROI Sales Enterprise 129

CIO Business Intelligence

MARCH 6, 2024

Manufacturing in particular has become a bigger target for bad actors; in fact, it was one of the sectors most impacted by extortion attacks, according to Palo Alto Networks’ 2023 Unit 42 Extortion and Ransomware Report. The first is the ability to get to ROI faster. As Industry 4.0 As Industry 4.0

ROI 116

ROI Manufacturing Cost-Benefit IoT 116

Smart Data Collective

DECEMBER 15, 2021

But driving sales through the maximization of profit and minimization of cost is impossible without data analytics. Whether marketers intend to reach new customers or persuade the existing ones, here are ways analytics is boosting returns on investment (ROI): 1. Increased Customer Growth. Reduced Risks. Effective Decision Making.

ROI 117

ROI Marketing Data Analytics Analytics 117

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. Think specificity.

IT 145

IT ROI Cost-Benefit Software 145

Smart Data Collective

AUGUST 23, 2023

One of the benefits is that data analytics helps measure the ROI of trade show marketing more effectively. The data in their report shows the trade show industry is growing 5% a year. This is one of the many benefits of big data in marketing.

Big Data 82

Big Data ROI Marketing Advertising 82

datapine

JANUARY 7, 2020

By gaining the ability to gather, organize and analyze the metrics that are most important to your organization, you stand to make your business empire more intelligent than ever before – and executive reporting and business dashboards will help you do just that. Exclusive Bonus Content: Executive Dashboards & Reports: A Summary.

Dashboards 149

Dashboards Reporting KPI Metrics 149

Alation

FEBRUARY 14, 2023

According to the Gartner report, The State of Data and Analytics Governance is Worse Than You Think , 80% of businesses acknowledge that high quality governance is essential to achieving long-term business goals. All of these above metrics track how well governed your organization’s data is, but not the benefit of doing so.

Data Governance 52

Data Governance ROI Metrics Cost-Benefit 52

Smarten

MARCH 6, 2022

What happens is that your return on investment (ROI) plummets and your total cost of ownership (TCO) goes way up. So, how does one improve ROI and TCO for business intelligence and augmented analytics? The solution must be affordable, it must have the right features to meet business requirements and it must be dependable.

Business Intelligence 76

Business Intelligence ROI Analytics Digital Transformation 76

Smart Data Collective

MAY 28, 2019

There are a lot of benefits of using big data to simplify the accounting process. Cloud accounting software has not only made the logistics of bookkeeping less cumbersome but it has also reduced business costs and given business owners easier access to their financial information. The Dynamic Role of Cloud Technology in Accounting.

Cost-Benefit 78

Cost-Benefit Big Data Data Processing ROI 78

datapine

SEPTEMBER 29, 2022

Reporting being part of an effective DQM, we will also go through some data quality metrics examples you can use to assess your efforts in the matter. More generally, low-quality data can impact productivity, bottom line, and overall ROI. What Is Data Quality Management (DQM)? But first, let’s define what data quality actually is.

Data Quality 241

Data Quality Metrics Data-driven Management 241

Jet Global

JUNE 30, 2020

They get a leg up on the competition, launch new innovations, and benefit as the economy moves back in a positive direction. CFOs have an opportunity to play a key role in positioning their companies for a successful rebound by carefully assessing return on investment (ROI) and helping the C-suite make the right capital investments.

ROI 59

ROI Finance Uncertainty Cost-Benefit 59

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. 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.

IT 130

IT Cost-Benefit Management Digital Transformation 130

CIO Business Intelligence

MARCH 23, 2023

So how can you request a new investment from your decision-makers while ensuring minimal costs and maximum ROI this year? Procurement professionals are skilled at negotiating contracts, identifying cost-saving opportunities, and evaluating vendors. Gartner recently cut their expected IT budget prediction from 5.1% to just 2.2%

Scorecard 59

Scorecard Cost-Benefit ROI IT 59

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.

IT 122

IT Consulting Testing Cost-Benefit 122

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. In our cutthroat digital age, the importance of setting the right data analysis questions can define the overall success of a business.

IT 317

IT Statistics KPI Data-driven 317

IBM Big Data Hub

MARCH 14, 2024

However, while embracing hybrid cloud might be intrinsic, clients continually seek to derive business value and higher return on investment (ROI) from their investments. The lack of ROI progress can be attributed to several factors, including slow adoption, unrealized use cases and unaddressed cloud sprawl.

ROI 76

ROI Business Objectives Cost-Benefit Enterprise 76

Smarten

DECEMBER 20, 2022

SO…when considering options for business intelligence and augmented analytics, your business must satisfy the needs and expectations of your team, or it risks investing in products and solutions that will reap poor return on investment (ROI), poor total cost of ownership (TCO) and poor user adoption.

ROI 52

ROI Cost-Benefit Data-driven Business Intelligence 52

IBM Big Data Hub

DECEMBER 14, 2023

There has been a lot of recent discussion around the business value of environmental, social and governance (ESG) reporting, and the degree to which it relates to financial performance and other measures of business value. There’s the double benefit of cost-efficiency and sustainability.

Cost-Benefit 73

Cost-Benefit Advertising ROI Business Objectives 73

CIO Business Intelligence

DECEMBER 4, 2023

According to State of Java Survey and Report 2023 , an independently run study of more than 2,000 Java users, Java users have taken notice. You need a vendor who backports patches for newly reported vulnerabilities across all these versions. What versions of Java do you support, and for how long?

ROI 52

ROI Cost-Benefit Testing Risk 52

Alation

FEBRUARY 13, 2020

In The Forrester Wave: Machine Learning Data Catalogs, 36% to 38% of global data and analytics decision makers reported that their structured, semi-structured, and unstructured data each totaled 1,000 TB or more in 2017, up from only 10% to 14% in 2016. The research examined the potential ROI enterprises realize by deploying Alation.

ROI 52

ROI Cost-Benefit Unstructured Data Data Lake 52

CIO Business Intelligence

APRIL 29, 2024

That’s echoed by VMware’s latest State of Spring report, which revealed that the leading impediments to upgrading to a newer version of Spring Boot (the most common Java development framework) are an inability to prioritize it (46%) and a lack of motivation to do so because the current environment is working well (51%).

Cost-Benefit 116

Cost-Benefit Software ROI Enterprise 116

Jet Global

JANUARY 11, 2021

In this post, we will be looking at three different real estate industry participants, how real estate KPIs can help them, and the benefits of using a real estate KPI dashboard. Payback Period = Initial Capital Cost for Project / Annual Savings or Earnings from Project. ROI = (Net Profit / Total Investment) * 100%.

Metrics 98

Metrics Reporting KPI Key Performance Indicator 98

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. What is ITIL? What’s in the ITIL? ITIL has gone through several revisions in its history.

IT 99

IT Cost-Benefit ROI Risk 99

FineReport

MAY 9, 2023

A digital marketing report is essential for any business that wants to generate new customers and sales. A successful marketing strategy includes modern business intelligence software and marketing reports that provide detailed data insights. Marketing, sales, and financial management would be impossible without reports.

Reporting 52

Reporting Marketing Advertising Metrics 52

CIO Business Intelligence

MAY 28, 2022

Among the issues that led to an overfull pipeline included department heads pushing for pet projects that may not have strategic benefits for enterprise at large, the classification of too many big projects with iffy ROI as urgent, and what Das calls “big, shiny ideas,” like crypto projects that have not been properly vetted.

IT 133

IT ROI Cost-Benefit Technology 133

CIO Business Intelligence

OCTOBER 30, 2023

Just the efficiencies gained from governing and staffing provided cost savings,” claimed Newman. What you see is maximizing the ROI.” But that wasn’t our goal. Verizon A multinational telecommunications company, Verizon offers another example of the power of VSM.

Management 138

Management Digital Transformation Cost-Benefit ROI 138

CIO Business Intelligence

JANUARY 10, 2024

Migrating infrastructure and applications to the cloud is never straightforward, and managing ongoing costs can be equally complicated. Plus, you need to balance the FinOps team’s need for autonomy against the CIO’s need for centralized control to gain economies of scale and avoid runaway costs.

Cost-Benefit 107

Cost-Benefit Measurement Optimization Metrics 107

CIO Business Intelligence

JUNE 20, 2023

The cost of not solving the issue, as well as lost energy and focus, will have a direct impact on the teams involved, Carslay warns. Welcome to the golden age of experts. It’s hard to go anywhere in IT these days, physically or virtually, without bumping into someone offering IT advice.

Consulting 101

Consulting IT Cost-Benefit ROI 101

datapine

APRIL 21, 2022

An accounting department may consider leveraging electronic contracts, data collecting, and reporting as a part of the digital transition. Several marketing dashboard tools allow you to generate automated online dashboards and reports to track your most relevant KPIs in one place. Approach To Digital Marketing.

Digital Transformation 206

Digital Transformation Marketing Advertising Scorecard 206

IBM Big Data Hub

NOVEMBER 7, 2023

For business leaders exploring ways to apply generative AI within their companies, it can be difficult to discern where to start, what will scale easily and what will deliver the greatest ROI. But the answer may be much simpler than it seems: automation. Now, apply generative AI to the already impactful automation technology.

Digital Transformation 92

Digital Transformation ROI Cost-Benefit Reporting 92

Smarten

MAY 5, 2023

Embedded BI Goes Beyond Technology ROI to Improve Clarity, Agility and Productivity! If your organization hasn’t considered Embedded Business Intelligence (BI), it may be time for you to acknowledge the benefits and begin the process of integrating Embedded BI into your technology and business process strategy.

ROI 67

ROI Cost-Benefit Software Reporting 67

CIO Business Intelligence

MAY 25, 2022

Among the issues that led to an overfull pipeline included department heads pushing for pet projects that may not have strategic benefits for enterprise at large, the classification of too many big projects with iffy ROI as urgent, and what Das calls “big, shiny ideas,” like crypto projects that have not been properly vetted.

IT 114

IT ROI Cost-Benefit Technology 114

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. In a sense, despite its tremendous value, big data has become a bit of a bubble for many companies. 2 Invest in Cloud Computing.

Optimization 106

Optimization IT Big Data Cost-Benefit 106

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 109

ROI Cost-Benefit KPI Uncertainty 109

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

Smart Data Collective

JANUARY 25, 2023

While a growing number of construction companies are starting to appreciate the importance of analytics technology, some are still unaware of the benefits. Deloitte released a report on trends in the construction industry, which includes the benefits of analytics. In fact, financial analytics is a booming field.

Management 94

Management Analytics Cost-Benefit Analytics Technologies 94

Smarten

OCTOBER 19, 2023

These systems are the lifeline for data entry and reporting and allow the enterprise to produce statutory and compliance reports. If you have a small or a medium-sized business, you definitely need an accounting and financial management system.

Analytics 52

Analytics Cost-Benefit Finance Data mining 52