CIO Business Intelligence

APRIL 11, 2022

From front office to back office, the CIO needs to operationalize strategy and be a change agent , driving new skills and talent into the business. The key to success, Scheefer believes, is to become the C-suite’s vehicle for driving business strategy and transformation at pace and scale. Position yourself as a change agent.

Cost-Benefit 119

Cost-Benefit Digital Transformation Strategy Consulting 119

CIO Business Intelligence

SEPTEMBER 25, 2023

Digital transformation has become an essential part of business success. According to TEKsystems’ 2023 State of Digital Transformation , 41% of organizations’ digital transformation (DX) initiatives have failed to achieve their desired outcomes. That’s not digital transformation.

Digital Transformation 144

Digital Transformation Measurement Data-driven Metrics 144

CIO Business Intelligence

APRIL 18, 2022

Organizations that continued full speed ahead with their digital transformation initiatives during the COVID-19 pandemic are able to ruminate on what went right and what they would have done differently, with the benefit of hindsight. CIOs and other IT leaders share seven secrets of how to get digital transformation right.

Digital Transformation 145

Digital Transformation Dashboards Cost-Benefit Consulting 145

DataRobot Blog

AUGUST 16, 2022

If you’ve been keeping up with business literature lately, you know that adopting artificial intelligence (AI) strategies can increase company revenue, improve efficiency, and keep customers happy. Machine learning operations ( MLOps ) tools, which handle model retraining, testing, metrics tracking, versioning, and management.

Digital Transformation 52

Digital Transformation ROI Testing Modeling 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 137

IT ROI Cost-Benefit Technology 137

datapine

MARCH 27, 2019

Centered on leveraging consumer insights to improve your strategies and communications by using a highly data-driven process can also be referred to as Customer Intelligence (CI). Improving the ROI of your promotional and marketing activities. Developing more relatable, sustainable customer-driven business strategies.

Management 129

Management Data-driven Dashboards Visualization 129

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 116

IT ROI Cost-Benefit Technology 116

Anmut

MARCH 22, 2023

This stage is typical for organisations that are just starting to develop their data strategy. Data empowers managers to keep employees informed on matters such as key decisions, goal-setting and performance metrics. Stage 2: Risk While there is a general awareness of the benefits of data governance , roles are poorly understood.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

datapine

MARCH 19, 2019

It offers ease of access through mobile devices, on the go, with critical metrics displayed at-a-glance. This benefit alone is an incredible plus point for modern organizations looking to gain an all-important competitive edge in a cutthroat digital age. 3 Superb Mobile Dashboard Examples. Sales mobile dashboard example.

Dashboards 112

Dashboards Visualization Metrics KPI 112

datapine

MARCH 15, 2019

At present, 53% of businesses are in the process of adopting big data analytics as part of their core business strategy – and it’s no coincidence. To win on today’s information-rich digital battlefield, turning insight into action is a must, and online data analysis tools are the very vessel for doing so.

Technology 143

Technology Cost-Benefit KPI Dashboards 143

CIO Business Intelligence

JANUARY 23, 2024

Regardless of where organizations are in their digital transformation, CIOs must provide their board of directors, executive committees, and employees definitions of successful outcomes and measurable key performance indicators (KPIs). As a result, outcome-based metrics should be your guide.

Measurement 135

Measurement Digital Transformation KPI Metrics 135

IBM Big Data Hub

AUGUST 16, 2023

It is poised to transform businesses and industries, revolutionize how employees and other stakeholders collaborate, and drive digital transformation initiatives. Like other IT expenditures, cloud costs can skyrocket and threaten ROI without the right cloud management solutions.

Cost-Benefit 69

Cost-Benefit Data Processing Optimization Software 69

bridgei2i

MAY 19, 2021

They touch upon the role of GICs in driving the digital transformation agenda, the high visibility it brings to all functional areas of an organization, and the part it plays in bridging the gap between growth inefficiencies and cost management. Close to a 20-year career now in marketing. Venkat: Got it.

Enterprise 75

Enterprise Digital Transformation Cost-Benefit Marketing 75

CIO Business Intelligence

MAY 9, 2022

Enterprise transformation demands technology to work and people to adopt it. The “people” component of enterprise transformation can make or break digital transformation. While strong ROI is compelling, so is the fact that people issues are one of the top enterprise risks. Establish a North Star.

Technology 83

Technology ROI Metrics Digital Transformation 83

CIO Business Intelligence

FEBRUARY 1, 2024

When organizations buy a shiny new piece of software, attention is typically focused on the benefits: streamlined business processes, improved productivity, automation, better security, faster time-to-market, digital transformation. C-level executives conducting an ROI analysis need to balance estimated costs with anticipated benefits.

Software 129

Software Enterprise Cost-Benefit ROI 129

CIO Business Intelligence

APRIL 22, 2024

He assigns technologists who have an aptitude for business and accounting to roles that enable them to identify and pursue transformation opportunities. He has divided his 170 workers into two groups, with 60% of them focused 100% on digital transformation and the remainder focused on operational IT.

IT 106

IT Data-driven Strategy Consulting 106

CIO Business Intelligence

MAY 26, 2022

In an organization’s pursuit of digital transformation and innovation, the onus largely falls on agile and development leaders, who must field requests from business leaders and manage expectations, all while speeding time to market. For the business, it’s all about innovation and ROI on new products, services, features, and so on.

Optimization 107

Optimization Management Digital Transformation ROI 107

CIO Business Intelligence

MAY 28, 2022

In an organization’s pursuit of digital transformation and innovation, the onus largely falls on agile and development leaders, who must field requests from business leaders and manage expectations, all while speeding time to market. For the business, it’s all about innovation and ROI on new products, services, features, and so on.

Optimization 80

Optimization Management Digital Transformation ROI 80

Alation

MARCH 21, 2023

As an industry with tight margins, travel and tourism companies can use analytics to detect trends that help them reduce costs, decide future product and service offerings, and develop successful business strategies. Use cases for analytics in travel and tourism How can travel and tourism companies use data analytics to improve business ROI?

Data Analytics 52

Data Analytics Analytics Data-driven Big Data 52

datapine

DECEMBER 11, 2019

Today, most companies are in the process of implementing various business intelligence strategies, turning to SaaS BI tools to assist them in their efforts. By working with the right set of marketing KPIs and using your consumer metrics to your advantage, you’ll be able to secure yourself a bright, prosperous SaaS future.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

IBM Big Data Hub

JUNE 30, 2023

Organizations are modernizing their enterprise apps, deploying more modular, intelligent systems and AI-enhanced workflows as part of broader digital transformation. They store large amounts of data that can be analyzed and tracked, with organizations customizing their KPIs and metrics according to their specific needs.

Management 65

Management Cost-Benefit Enterprise IoT 65

Sisense

JULY 1, 2021

A Twilio study of 2,569 companies found that the pandemic accelerated their digital communication strategy by an average of six years. Parsing metrics: Marketers can use real-time data about how their audiences are receiving their content to inform strategic and creative decision-making. It’s not you; it’s the industry.

Marketing 52

Marketing Experimentation Marketing Analytics ROI 52

Domino Data Lab

MARCH 3, 2019

What metrics are used to evaluate success? That represents a significant shift in strategy and cloud providers stand to benefit. The leaders have learned how to create ROI from ML—now they’re competitive and doubling down on their AI bets. What’s been the impact of using ML models on culture and organization? Synthesis.

Data Science 49

Data Science Deep Learning Machine Learning Modeling 49

DataKitchen

JUNE 24, 2021

We needed to get the data from a centralized place into their hands so that they could get in the game of digital transformation.”. GE formed its Digital League to create a data culture. Chapin also mentioned that measuring cycle time and benchmarking metrics upfront was absolutely critical. “It Design for measurability.

ROI 211

ROI Metrics Measurement Cost-Benefit 211

InsightOut

OCTOBER 15, 2021

An organization, with its internal teams and external stakeholders, must collectively harness resources and capabilities to achieve common business goals and maximize the ROI on investments in data analytics and digital transformation in general. Are you engaging your external stakeholders with business data and insights?

Dashboards 52

Dashboards Key Performance Indicator Digital Transformation Metrics 52

Smarten

NOVEMBER 9, 2022

Without that key component, the enterprise is likely to spend time, resources and money and fail to achieve the desired outcome for total cost of ownership (TCO), return on investment (ROI) and user adoption. Provide measurements and metrics to monitor success after implementation. Achieve data analytics and user adoption goals.

Analytics 52

Analytics ROI Cost-Benefit Consulting 52

Smarten

JUNE 22, 2022

Technology research and consulting firm, Gartner, predicts that, ‘By 2023, data literacy will become an explicit and necessary driver of business value, demonstrated by its formal inclusion in over 80% of data and analytics strategies and change management programs.’. Here are a few for your to consider: Improve overall organizational value.

Slice and Dice 76

Slice and Dice Digital Transformation Business Intelligence Predictive Modeling 76

Alation

JANUARY 27, 2022

As an organization embraces digital transformation , more data is available to inform decisions. Drive Strategy and Increase Innovation. Data analytics is an effective way to gather information, make predictions, and drive strategy. Implementing an effective data governance strategy is one such approach.

Data Governance 52

Data Governance Analytics Cost-Benefit Data-driven 52

Andrew White

JANUARY 11, 2021

Do you recommend a consulting approach strategy rather than a CDO strategy? How do you think Technology Business Management plays into this strategy? As such any Data and Analytics strategy needs to incorporate data sovereignty as per of its D&A governance program. I am sorry I don’t know what that is. Governance.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52