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

Andrew White

DECEMBER 19, 2022

Demographics and labor costs have both provided an ample reservoir for many years, helping to keep global costs down. As we have all come to experience low interest rates for 30 years, with all the associated benefits such as low inflation, we will now need to learn to survive with the reverse. The End of an Era.

ROI 52

ROI Cost-Benefit Strategy Data-driven 52

CIO Business Intelligence

SEPTEMBER 28, 2023

From establishing internal customers to instituting charge-backs to insisting on ROI, a lot of this advice looks plausible when viewed from 50,000 feet or more. Insist on ROI Sure, it’s lovely when a proposed project generates a positive financial return on investment all by itself. What makes IT organizations fail?

IT 126

IT ROI Cost-Benefit Software 126

CIO Business Intelligence

FEBRUARY 22, 2024

Getting AI off the ground After several years of innovating in AI, Ferrovial can cite many examples of projects and services benefitting from it. “If So projects to analyze huge amounts of data in multiple formats already in production are now considerably more efficient and cost effective.

IT 105

IT Digital Transformation IoT Cost-Benefit 105

CIO Business Intelligence

JUNE 9, 2023

Without it, businesses incur steep costs, but the downside, or costs, are often unclear because calculating data management’s return on investment (ROI), or upside, is a murky exercise. For many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents.

Strategy 116

Strategy Management Key Performance Indicator ROI 116

CIO Business Intelligence

MARCH 23, 2023

As the world continues to experience economic uncertainty, IT leaders look to tighten budgets, consolidate tools and resources, and generally become more risk-averse when evaluating new investments. So how can you request a new investment from your decision-makers while ensuring minimal costs and maximum ROI this year?

Scorecard 59

Scorecard Cost-Benefit ROI IT 59

Alation

FEBRUARY 14, 2023

And a data breach poses more than just a PR risk — by violating regulations like GDPR , a data leak can impact your bottom line, too. All of these above metrics track how well governed your organization’s data is, but not the benefit of doing so. What are the benefits of reducing duplicate data?

Data Governance 52

Data Governance ROI Metrics Cost-Benefit 52

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 Uncertainty Finance Cost-Benefit 59

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

APRIL 29, 2024

However, to truly take advantage of modern Java, apps built for the ecosystem must be constantly maintained to maximize performance and minimize exposure to risks and security vulnerabilities. The reality is that there is no better ROI than being on the latest version of any given software. Is the juice really worth the squeeze?

Cost-Benefit 122

Cost-Benefit Software ROI Enterprise 122

CIO Business Intelligence

MAY 9, 2024

Driving business benefits Companies seeking CAIOs are looking to reap myriad benefits from AI adoption, ranging from improved decision-making, to increased efficiency of business processes, higher-quality services, profitability, talent management, customer experience, and innovation.

Risk Management 138

Risk Management Risk Cost-Benefit Technology 138

CIO Business Intelligence

MARCH 13, 2024

But the biggest benefit was to new and lower-skilled workers, who saw a 34% improvement. In February, McKinsey released the results of a survey showing that 84% of telcos using gen AI for customer services were seeing cost savings, and 45% of them reduced costs by 6% or more. for every $1 spent.

IT 128

IT Consulting Testing Cost-Benefit 128

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

datapine

SEPTEMBER 29, 2022

More generally, low-quality data can impact productivity, bottom line, and overall ROI. No, its ultimate goal is to increase return on investment (ROI) for those business segments that depend upon data. No, its ultimate goal is to increase return on investment (ROI) for those business segments that depend upon data.

Data Quality 241

Data Quality Metrics Data-driven Management 241

CIO Business Intelligence

DECEMBER 4, 2023

Companies typically change Java providers to reduce their total cost of ownership, but they often realize unanticipated benefits including enhanced security readiness, improved performance, and often cloud cost optimization. In January 2023, Oracle changed its licensing and/or pricing for Java for the fourth time in four years.

ROI 52

ROI Cost-Benefit Testing Risk 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. What is ITIL? What’s in the ITIL? ITIL has gone through several revisions in its history.

IT 105

IT Cost-Benefit ROI Risk 105

CIO Business Intelligence

MAY 29, 2024

Despite technological advances, many companies continue to use manual processes, which create risks and are time-consuming. Keeping and growing an existing customer account is much more cost-effective than prospecting for new ones. Sales order management challenges include: Complex and ever-changing supply chain conditions.

Cost-Benefit 52

Cost-Benefit Sales Risk ROI 52

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 126

ROI Cost-Benefit KPI Uncertainty 126

Alation

FEBRUARY 13, 2020

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. It reveals both quantitative and qualitative benefits from data catalog adoption including a 364% return on investment (ROI), $2.7

ROI 52

ROI Cost-Benefit Unstructured Data Data Lake 52

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

datapine

OCTOBER 11, 2023

Keep on reading to learn a definition, benefits, and a warehouse KPI list with the most prominent examples any manager should be tracking to achieve operational success. It allows for informed decision-making and efficient risk mitigation. With the power of data, you can boost your warehouse efficiency at the lowest possible cost.

Metrics 217

Metrics KPI Management Cost-Benefit 217

CIO Business Intelligence

SEPTEMBER 14, 2023

In a rapidly evolving business landscape, where innovation and cost efficiency are paramount, the launch of VMware Cross-Cloud managed services at VMware Explore 2023 Las Vegas is a pivotal moment. Flexibility: Organizations can now choose the cloud environments that best suit their specific needs.

Management 90

Management Cost-Benefit Optimization ROI 90

IBM Big Data Hub

OCTOBER 25, 2023

First, technology leaders need to estimate the full financial impact of modernization (versus the cost of not modernizing) across the organization. The business context Even for CIOs and CTOs who have committed to hybrid cloud, organizational obstacles to modernization remain.

Cost-Benefit 86

Cost-Benefit ROI Modeling Testing 86

Smart Data Collective

MARCH 23, 2023

Some companies are interested in taking advantage of the benefits of existing AI tools like ChatGPT. The ROI of creating their own AI applications can be massive, but they still need to use them cost-effectively. A study done by Deloitte in late 2022 showed that cost reduction is the top priority for CFOs.

Software 115

Software Strategy Cost-Benefit Testing 115

Smart Data Collective

JUNE 2, 2022

This arguably one of the most important benefits of cloud technology in the modern economy. ROI-Driven Concept. E-procurement technology gives you an opportunity to enhance your ROI. Each of them directly helps in saving your money while improving your ROI and profitability. Cloud Automation Helps. In Conclusion.

Technology 120

Technology ROI Cost-Benefit Forecasting 120

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 88

Digital Transformation ROI Cost-Benefit Reporting 88

CIO Business Intelligence

JUNE 6, 2023

By using a simple equation, the value calculator provides a quantitative estimate of the potential return on investment (ROI) of a particular initiative. Resilience, risk reduction, and especially business agility are very important too. Value is all about the cost/benefit analysis.

Optimization 52

Optimization Cost-Benefit ROI Data-driven 52

CIO Business Intelligence

AUGUST 23, 2022

To address this requirement and ensure seamless connectivity, organizations are rapidly adopting consumption-driven NaaS models to balance the cost of their network growth with the digital experience of their stakeholders. By: Amrita Shergill, Account Manager, NaaS and Ecosystem Sales at Aruba, a Hewlett Packard Enterprise Company.

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

CIO Business Intelligence

DECEMBER 29, 2023

The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Building and deploying intelligent automation CIOs will need to operate more efficiently by accelerating the benefits of automation.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

AUGUST 7, 2023

Ever since Basecamp announced late last year that they were (mostly) pulling out of the cloud, there’s been a spirited debate about the failure of cloud computing to deliver on hyped-up promises of miraculous cost savings. Cost savings is (and always has been) the worst reason to migrate to the cloud. Agility and speed to innovation.

Cost-Benefit 98

Cost-Benefit Measurement ROI Risk 98

Smart Data Collective

APRIL 5, 2021

Amongst the countless benefits, below are some of the prime advantages of big data for web designs – Insight on Web Performance: Big data provide insights into how a website performs amongst its viewers and competitors in the digital market. What is Big Data? Web Traffic Analysis. Built-in Testing.

Big Data 107

Big Data IT Data-driven Sales 107

Cloudera

AUGUST 30, 2022

The reality is that we cannot take multiple years to realize an ROI as the industry is moving too quickly. Renovating it while realizing incremental ROI — customer or operational benefits — is the pragmatic approach to moving forward. In some cases, firms are surprised by cloud storage costs and looking to repatriate data.

Strategy 105

Strategy Data Strategy ROI Cost-Benefit 105

Alation

JULY 15, 2022

I recently led an online session, Data Monetisation and Governance , looking at the evolution of data governance , defining data ethics (from the Turing Institute ), and touching on the balancing act between using data to monetise (by increasing revenue, decreasing spend, or mitigating risk) and meeting ethical obligations. Data Value.

Cost-Benefit 89

Cost-Benefit Data Governance ROI Risk 89

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 92

Management Analytics Cost-Benefit Analytics Technologies 92

CIO Business Intelligence

JULY 17, 2023

Professional investors factor in certain financial targets and risk tolerance as they pursue maximum ROI. Like investors, they seek optimal outcomes while minimizing risks. IT leaders can relate to this dance. Just as investors play financial markets, IT leaders navigate technology trends. Other micro-trends are emerging.

Cost-Benefit 95

Cost-Benefit Optimization ROI Strategy 95

CIO Business Intelligence

AUGUST 1, 2023

For a good night’s sleep Today, agribusinesses, including farmers, must deal with domestic and global competition, shrinking resources, rising material and transportation costs, labor shortages, environmental issues and regulations, and more. Technology is the path to benefit the entire ecosystem.” They want information and advice.

Cost-Benefit 98

Cost-Benefit ROI Digital Transformation Marketing 98

CIO Business Intelligence

MARCH 30, 2022

Using data to implement and improve processes lets organizations take advantage of the rapidly-evolving field of machine learning to gain significant ROI. Investment in emerging technology is both a risk/reward assessment and an investment/return decision. Chief Risk Officer (CRO) – Emerging technology brings new risks.

Technology 98

Technology Internet of Things ROI IoT 98