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CIOs eager to scale AI despite difficulty demonstrating ROI, survey finds

CIO Business Intelligence

To mitigate these risks, CIOs must implement AI-specific security protocols and conduct regular security audits, which take time, he added. The ROI dilemma IT leaders also face the ongoing challenge of demonstrating and calculating the return on investment (ROI) of technology initiatives.

ROI 115
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12 Cloud Computing Risks & Challenges Businesses Are Facing In These Days

datapine

3) Cloud Computing Benefits. It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237
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3 business benefits of stronger security using Zero Trust principles

CIO Business Intelligence

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. Attacks against OT systems pose risks beyond financial losses. The first is the ability to get to ROI faster.

ROI 112
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7 Ways Data Analytics Is Boosting the ROI Of Digital Marketing

Smart Data Collective

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. Reduced Risks. Increased Customer Growth.

ROI 116
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A Guide To The Top 14 Types Of Reports With Examples Of When To Use Them

datapine

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
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Your Definitive Guide To Modern & Professional Procurement Reports

datapine

If your procurement process costs you valuable time and incurs unnecessary costs, you may end up falling behind your competitors. And procurement reporting is no exception to this. Download our guide to find out about the power of procurement reports! What Are Procurement Reports?

Reporting 158
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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 110