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How to get your CFO to buy into a better model for IT funding

CIO Business Intelligence

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 124
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8 strategies for accelerating IT modernization

CIO Business Intelligence

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. New tech moves from bleeding edge to mainstream at an ever-increasing pace.

Strategy 140
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3 areas where gen AI improves productivity — until its limits are exceeded

CIO Business Intelligence

We did side-by-side testing,” he says. But the biggest benefit was to new and lower-skilled workers, who saw a 34% improvement. Even though generative AI is a relatively new technology, it’s now difficult to imagine a world without it, given the impact it’s making, and the business value it can create. for every $1 spent.

IT 128
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12 ‘best practices’ IT should avoid at all costs

CIO Business Intelligence

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
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The steep cost of a poor data management strategy

CIO Business Intelligence

It’s a time-tested truth: Getting a head start improves outcomes. 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. Without it, organizations incur a significant opportunity cost.

Strategy 116
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Big Data Insights Drive Surge In Digital Marketing ROI

Smart Data Collective

They are able to use analytics and other data insights to bolster customer service, reduce marginal operating costs and scale production. One of the biggest benefits of big data is in the arena of digital marketing. Big Data Drives the ROI of Digital Marketing. Cost-effectiveness. Here are some factors to be aware of.

ROI 87
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Top 15 Warehouse KPIs & Metrics For Efficient Management 

datapine

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. Now, let’s look at some benefits to keep putting the power of warehouse key performance indicators into perspective. But how do you know which indicators to track?

Metrics 217