CIO Business Intelligence

DECEMBER 20, 2023

At the same time, developers are scarce, and the demand for new software is high. Gartner’s surveys and data from client inquiries confirm that developer productivity remains a top priority for software engineering leaders.” Organizations need to get the most out of the limited number of developers they’ve got,” he says.

Measurement 124

Measurement Software IT Metrics 124

FineReport

APRIL 9, 2024

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

CIO Business Intelligence

DECEMBER 19, 2023

Their steady income stream and relatively low risk compared to equities make them an especially important component of pension and retirement planning. Each type of issuer presents a different level of risk and tax treatment. Bonds are issued by different entities such as governments, municipalities, and corporations.

Risk 52

Risk Cost-Benefit Unstructured Data Data-driven 52

CIO Business Intelligence

APRIL 29, 2024

After all, the nature of software is that it’s changeable and designed to improve in lockstep with underlying hardware advancements. 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.

Cost-Benefit 122

Cost-Benefit Software ROI Enterprise 122

Smart Data Collective

MARCH 27, 2023

billion on AI in 2021 , but small businesses may spend even more on AI-driven financial management software. Some of the benefits of AI in banking include: Banks use AI bots to onboard clients and analyze borrower risk. Many small businesses are investing in AI-driven financial management software. It sounds expensive.

Software 87

Software Finance Cost-Benefit Data-driven 87

Smart Data Collective

AUGUST 22, 2021

The benefit of cloud computing is its lower cost per GB compared with traditional data backup solutions, as well as its ability to quickly run backups across geographies and cloud infrastructure. With cloud storage, your data is stored in a manner that reduces the risk of data loss and improves the management of backups.

Software 119

Software Cost-Benefit Data Processing Risk 119

IBM Big Data Hub

APRIL 10, 2024

Access to new software innovation: Software has become the lifeline of all domains. Each organization is trying to excel by adopting modern innovative software practices—not just to grow , but to survive. Reduced risk and technical debt: All legacy releases are inherently risky due to a longer release cycle.

Cost-Benefit 103

Cost-Benefit Software Risk Marketing 103

CIO Business Intelligence

MAY 17, 2022

Even if the AI apocalypse doesn’t come to pass, shortchanging AI ethics poses big risks to society — and to the enterprises that deploy those AI systems. The following real-world implementation issues highlight prominent risks every IT leader must account for in putting together their company’s AI deployment strategy.

Risk 145

Risk Consulting Machine Learning Data Science 145

IBM Big Data Hub

OCTOBER 16, 2023

As more businesses use AI systems and the technology continues to mature and change, improper use could expose a company to significant financial, operational, regulatory and reputational risks. It encompasses risk management and regulatory compliance and guides how AI is managed within an organization.

Risk 81

Risk Modeling Management Metadata 81

datapine

MAY 2, 2023

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. These applications are designed to benefit logistics and shipping companies alike. Did you know?

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

CIO Business Intelligence

MAY 8, 2024

For Expion Health, a cumbersome manual process to determine what rates to quote to potential new customers had become a cap on the healthcare cost management firm’s ability to grow its business. We take the financial risk for this, which means that if there is anything that’s misrepresented, the money comes from our pocket.”

IT 64

IT Cost-Benefit Insurance Unstructured Data 64

IBM Big Data Hub

AUGUST 1, 2023

Gone are the days when antivirus software and a firewall were almost enough to protect an organization from cyberattacks. Risk-based application patching helps IT pros discover vulnerable apps and automatically patch them based on the criticality of the situation. ” What is risk-based application patching?

Risk 62

Risk Management Machine Learning IoT 62

IBM Big Data Hub

DECEMBER 1, 2023

Enterprise resource planning (ERP) is a business management software built to do just that. The benefits of ERP include built-in business intelligence and access to real-time data, along with integrated machine learning capabilities unlike a legacy system. Customization: Organizations can customize the software as they see fit.

Enterprise 100

Enterprise Cost-Benefit Consulting Software 100

CIO Business Intelligence

FEBRUARY 27, 2024

However, in an increasingly software-centric environment, both new and legacy assets must deliver value throughout their lifecycle. The dangers of sweating assets If you have an older phone, the manufacturer eventually stops updating the software. This creates risk for the company, shareholders, customers and their brand.

Technology 105

Technology Management Manufacturing Cost-Benefit 105

CIO Business Intelligence

NOVEMBER 8, 2023

The technology talent gap continues to inflate labor costs, too, despite big layoffs in high tech, CIOs say, and they’ve seen double-digit increases in SaaS and cloud costs over the last two years. They weren’t communicating enough and it cost them a lot,” he says. in June, 2022, to 3.7% Here’s how.

IT 133

IT Cost-Benefit Digital Transformation Software 133

CIO Business Intelligence

MARCH 25, 2024

This article explores how CIOs can address each of their CFO’s key concerns when moving away from project-based teams to persistent funding, including the need to better track ROI, reduce risk, and reduce cost. The persistent teams used a benefits delivery roadmap, which outlined the SMART benefits to be delivered throughout the year.

Modeling 124

Modeling Cost-Benefit IT ROI 124

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

APRIL 17, 2024

CIOs benefit from the transition to the subscription model The rapid adoption of new technologies, driven by an ever-steepening technology hype curve, facilitates this shift toward more versatile business models. However, selecting reliable subscription software vendors remains critical and involves a comprehensive evaluation process.

Broadcasting 111

Broadcasting Cost-Benefit Strategy Modeling 111

CIO Business Intelligence

MAY 9, 2023

According to the Rocket Software Survey Report 2022: The State of the Mainframe , four out of five IT professionals see the mainframe as critical to business success. Tap into open-source software Mainframe-dependent businesses often think that open source is just for cloud-based products – but that assumption is incorrect.

Cost-Benefit 105

Cost-Benefit Software Digital Transformation Risk 105

CIO Business Intelligence

APRIL 4, 2024

Some prospective projects require custom development using large language models (LLMs), but others simply require flipping a switch to turn on new AI capabilities in enterprise software. “AI Production is another area that benefits from AI. “At On-time delivery has improved substantially,” she says.

Enterprise 134

Enterprise Cost-Benefit Forecasting Strategy 134

CIO Business Intelligence

APRIL 11, 2024

Governments cannot put their head in the sand and ignore change, but they operate in a highly complex, data-sensitive environment and can’t afford to take on fundamental business risks in the name of innovation. What are the business benefits of innovation in government? We’ve already discussed improvements in operational efficiency.

Cost-Benefit 105

Cost-Benefit Predictive Analytics Data-driven Risk 105

CIO Business Intelligence

OCTOBER 12, 2023

Premium Plus includes access to sustainability insights derived from business processes’ carbon footprints and financial costs (SAP’s “ green ledger ”), new generative AI capabilities accessed through its Joule virtual assistant, improved forecasting, and the ability to create a portal for suppliers to simplify spend management.

Cost-Benefit 124

Cost-Benefit Uncertainty Enterprise Risk 124

Domino Data Lab

AUGUST 6, 2021

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. Systematically enabling model development and production deployment at scale entails use of an Enterprise MLOps platform, which addresses the full lifecycle including Model Risk Management. What Is Model Risk?

Risk Management 64

Risk Management Risk Modeling Enterprise 64

Smart Data Collective

SEPTEMBER 13, 2023

One of the most important yet often overlooked benefits of AI is that it can help businesses bolster their digital security. With that in mind, businesses must do everything to ensure their processes and data are secured, as even the slightest problem can cost them financially. But it’s not just about security.

IT 99

IT Cost-Benefit Data Processing Software 99

IBM Big Data Hub

AUGUST 16, 2023

Nevertheless, I also understand the criticality of evaluating the inherent risks before embarking on its direct adoption within our organizations. In this discussion, I explore the risks and challenges associated with ChatGPT in an enterprise context, necessitating a careful approach to its implementation.

Risk 61

Risk Modeling Enterprise Interactive 61

CIO Business Intelligence

NOVEMBER 3, 2022

By Milan Shetti, CEO Rocket Software According to a recent Rocket Software survey , 80% of IT professionals categorize the mainframe as critical to their business. Companies choosing to abandon their mainframe face a costly endeavor, risk downtime, and lose out on powerful benefits.

Cost-Benefit 105

Cost-Benefit Software Digital Transformation Risk 105

IBM Big Data Hub

FEBRUARY 19, 2024

To mitigate these risks , companies need the resources and technology to develop robust contingency plans. Fewer disruptions : A healthy supply chain mitigates risks and protects against inevitable disruption. Automation Automation can streamline supply chain operations, from order fulfillment to inventory tracking.

Strategy 91

Strategy Management Forecasting Cost-Benefit 91

CIO Business Intelligence

OCTOBER 12, 2023

In the business world, service desks are commonly designated as cost centers, a label that can sometimes limit their access to essential resources and support. Additionally, employ the business case as a tool to tackle potential risks and develop strategies for their mitigation.

Strategy 111

Strategy ROI IT Cost-Benefit 111

CIO Business Intelligence

SEPTEMBER 20, 2023

With the addition of Now Assist to the Vancouver release of its software platform, ServiceNow is embedding gen AI across the three major workflows it supports. Cost in question The new gen AI features do come at a cost. Other pieces include staffing, skills training, partner involvement, legal exposure, and risk mitigation.”

Cost-Benefit 111

Cost-Benefit Software Finance Interactive 111

CIO Business Intelligence

JULY 6, 2023

One thing is for sure – meeting ESG goals can drive value if it can be done consistently, with automation and minimal costs. From 1 January 2024, the provisions relating to supplier risk management will also apply to companies with more than 1,000 employees.

Cost-Benefit 96

Cost-Benefit Risk Digital Transformation Risk Management 96

CIO Business Intelligence

NOVEMBER 14, 2023

“Today we face the harsh reality of cloud costs, if not done right,” says Jay Upchurch, executive vice president and CIO at SAS. Without a clear cloud strategy and broad leadership support, even value-adding cloud investments may be at risk. Cloud costs will often — and rapidly — become large line items on budgets.

Strategy 145

Strategy Cost-Benefit IT Key Performance Indicator 145

CIO Business Intelligence

OCTOBER 20, 2023

The ability to store, manage, control and replicate data between the mainframe, on-premise software, and public cloud platforms in real time will allow businesses to tap into innovation, no matter how large the data set or how quickly it needs to be integrated.

Data Integration 130

Data Integration Management Testing Software 130

CIO Business Intelligence

DECEMBER 12, 2023

Time-consuming and expensive data migrations and application refactoring reduce the benefits of multicloud options.To Multicloud architectures help organizations get access to the right tools, manage their cost profiles, and quickly respond to changing needs. How does a software-defined universal storage layer work?

Management 98

Management Cost-Benefit Software Data-driven 98

Smart Data Collective

JANUARY 19, 2021

A number of AI software programs have made managing employees easier than ever. AI Makes Employee Monitoring Software More Effective. To adopt organizational teams with technological progress, employers vastly rely on employee monitoring software. But employee computer monitoring software can cure your need for micromanagement.

Software 82

Software Data-driven Cost-Benefit Reporting 82

IBM Big Data Hub

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk. Be flexible.

Strategy 77

Strategy Cost-Benefit Key Performance Indicator Consulting 77

CIO Business Intelligence

JULY 15, 2022

While working with IT vendors can help ease the burden on IT, it also raises concerns, especially around data, risk, and security. Benefits of vendor management. Building that relationship and foundation is one of the main goals and benefits of vendor management. Vendor management software.

Management 122

Management Cost-Benefit Risk Software 122

CIO Business Intelligence

OCTOBER 17, 2023

And AWS recently announced Bedrock, a fully managed service that enables enterprise software developers to embed gen AI functionality into their programs. The gen AI gold rush — with little clarity on cost “It’s the year of AI,” declares Forrester Research. I would suspect that prices will creep up over the next several years.”

Marketing 144

Marketing IT Cost-Benefit Enterprise 144