CIO Business Intelligence

JANUARY 3, 2024

The infrastructure industry, however, can sometimes be its own worst enemy by falling for common objections and barriers to adoption throughout both digital twin strategy and implementation. It’s crucial to understand that digital twins aren’t just a final product, but a dynamic tool that evolves and adds value throughout the project’s life.

Cost-Benefit 115

Cost-Benefit ROI Manufacturing Optimization 115

John Wheeler

NOVEMBER 25, 2020

Integrated risk management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. Re-starting business operations will require risk visibility not only across the organization but vertically down through the organization as well. Key Findings.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

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. Maybe you’ve even surpassed expectations in each of these yardsticks.

ROI 105

ROI Cost-Benefit KPI Uncertainty 105

CIO Business Intelligence

DECEMBER 29, 2023

With the merging of operational efficiency and embracing new technologies, today’s CIOs are under increasing pressure to do more with less and become both technologists and business leaders, says Sunny Azadeh, CIO at digital services company GlobalLogic. “In

Cost-Benefit 127

Cost-Benefit Digital Transformation Consulting Strategy 127

CIO Business Intelligence

MAY 11, 2022

To optimize technology for CX, CIOs must connect technology to customer value, thinking in terms of customer experience rather than customer process. Companies that do not anchor to brand purpose run the risk of spending millions on technologies that do not align to what customers care about. Implement change enablement.

ROI 84

ROI Digital Transformation Risk Optimization 84

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.

Technology 70

Technology ROI Metrics Digital Transformation 70

IBM Big Data Hub

NOVEMBER 13, 2023

These existing systems, characterized by outdated technology and architecture can hinder an organization’s ability to keep up with changing business needs and pose significant security and operational risks. Legacy application modernization is often approached as part of a broader digital transformation initiative.

Cost-Benefit 96

Cost-Benefit Digital Transformation Software Strategy 96

CIO Business Intelligence

MAY 9, 2023

Other companies are looking at digital twins as a way to increase efficiency, reduce costs and optimize operations. With this objective in mind: Determine your organization’s innovation appetite (versus its risk appetite; it is too early to speak of ROI in the metaverse). Are we trying to improve efficiency?

Digital Transformation 89

Digital Transformation ROI Business Objectives Manufacturing 89

CIO Business Intelligence

DECEMBER 5, 2023

But as digital transformation efforts have intensified in recent years, CIOs have had fewer opportunities to pause and reevaluate IT’s financial situation. Even as they recognize digital transformation as the primary driver of business growth, many CEOs expect IT to do it all while keeping budgets flat.

IT 128

IT Cost-Benefit ROI Digital Transformation 128

CIO Business Intelligence

AUGUST 16, 2022

Keith Bentley of software developer Bentley Systems describes digital twins as the biggest opportunity for IT value contribution to the physical infrastructure industry since the personal computer, and they’re used in a wide variety of industries , lending enterprises insights into maintenance and ways to optimize manufacturing supply chains.

Visualization 141

Visualization Cost-Benefit IoT ROI 141

CIO Business Intelligence

JUNE 28, 2023

Finally, our goal is to diminish consumer risk evaluation periods by 80% without compromising the safety of our products.” Gopalan says that effectively communicating the potential benefits, demonstrating a clear ROI, and addressing any potential challenges were key to winning buy-in and support from the leadership team for the project.

Digital Transformation 78

Digital Transformation Cost-Benefit Informatics Data mining 78

CIO Business Intelligence

SEPTEMBER 11, 2023

This “positions us to adapt effectively to the shifting business landscape, making the most of digital transformation and remote work arrangements.” The focus of his doctorate work was on how legacy companies effectively drive digital transformation with a focus on leadership processes and leadership digital acuity.

Digital Transformation 129

Digital Transformation ROI Strategy Technology 129

Octopai

FEBRUARY 26, 2024

Revolutionizing Data Management: Octopai’s Role in Data Cleansing and Business Efficiency In the digital age, where data is ubiquitously hailed as the new oil, its management goes beyond mere cleanliness to encompass strategic asset optimization.

Metadata 52

Metadata ROI Optimization Data-driven 52

IBM Big Data Hub

JUNE 26, 2023

For today’s IT professionals, AIOps is also one of the fastest ways to realize tangible ROI from digital transformation investments. But “always-on” is costly, and too many organizations overprovision to mitigate performance risks (and overspend in the process). of global electricity use.

Digital Transformation 52

Digital Transformation Cost-Benefit ROI Data-driven 52

CIO Business Intelligence

JUNE 21, 2023

In 2022, companies were still reeling from the rapid digital transformation efforts to survive the pandemic. Identify specific areas where technology can enable growth, such as customer and employee experience, optimized operations, supply chain optimization, and data-driven decision-making.

Modeling 101

Modeling Cost-Benefit ROI Digital Transformation 101

IBM Big Data Hub

AUGUST 11, 2023

MES systems can assist managers with process management and process control, helping to facilitate optimal performance of manufacturing. By facilitating optimized production planning and scheduling, these systems ensure efficient resource allocation, workload balancing and on-time deliveries, leading to improved profitability.

Software 68

Software Manufacturing Cost-Benefit ROI 68

CIO Business Intelligence

APRIL 27, 2022

Cyber threats are among the top ten highest-rated critical risks of organizations today and for 2030, according to? Protiviti’s Executive Perspectives on Top Risks for 2021 and 2030. The constantly changing risk environment requires companies to be agile in how they adapt and address cyber risks. Internet of Things (IoT).

Technology 52

Technology ROI Risk Digital Transformation 52

CIO Business Intelligence

MAY 20, 2022

As global CIO, Karaboutis is the chief architect of the $20 billion British multinational’s digital transformation in the UK as well as in New York and New England. And in so many cases, it’s not pure ROI and cost savings but it’s removing hidden costs and shared costs of managing technical debt, like not having to do upgrades.

IT 87

IT Digital Transformation Internet of Things Data Architecture 87

CIO Business Intelligence

MARCH 21, 2022

Now, fresh off a pandemic-fueled cycle of accelerated innovation, Holcombe is channeling his vaunted sales skills to drive an upcoming IT agenda centered on foundational areas like optimization, security, and enterprise resiliency. Jamie Holcombe U.S. Source: State of the CIO, 2022. Credit: CIO. For example, the C-suite’s No. Credit: CIO.

IT 129

IT Digital Transformation Consulting Technology 129

CIO Business Intelligence

FEBRUARY 7, 2024

Digital transformation and growing reliance on third-party services are key contributors as well, she adds. With more APIs, additional effort is required to maintain design consistency and reduce scalability and end-user experience concerns — not to mention the added security risks stemming from a widened surface area. “It

Business Objectives 115

Business Objectives Cost-Benefit Strategy Data-driven 115

erwin

OCTOBER 8, 2020

And you can’t risk false starts or delayed ROI that reduces the confidence of the business and taint this transformational initiative. We start with an assessment of your cloud migration strategy to determine what automation and optimization opportunities exist. More and more companies are looking at cloud migration.

Data Governance 145

Data Governance Metadata Testing Data Lake 145

CIO Business Intelligence

MARCH 10, 2022

Now is the time for a change to enable a modern SOC—taking on SOC consolidation to achieve better outcomes, with faster remediation , reduced risk and an overall stronger security posture. SOC consolidation is an opportunity for digital transformation. So, what exactly has changed for SOCs?

Digital Transformation 74

Digital Transformation Machine Learning IoT ROI 74

Cloudera

NOVEMBER 25, 2021

As data continues to grow at an exponential rate, our customers are increasingly looking to advance and scale operations through digital transformation and the cloud. We have a joint vision to support acceleration, cost optimisation, and optimal experiences for cloud adoption to businesses across every industry. .

Machine Learning 89

Machine Learning IoT Risk ROI 89

BizAcuity

APRIL 25, 2022

The casino operators are expected to face known challenges of rising competition, decreasing ROI, and a high churn rate. ROI is sacrosanct for a casino business. No ROI, no investment. Casinos have to continuously work on the game mix such that they are able to generate ROI while managing player win expectations.

Marketing 52

Marketing Strategy ROI Digital Transformation 52

Timo Elliott

MARCH 6, 2023

However, analysts say that 30% of digital transformation projects fail to deliver on their expected outcomes due to fragmentation in existing systems. To address this, a digital business platform is needed, which is a solid foundation of technology to enable agile and flexible innovation.

Machine Learning 111

Machine Learning Cost-Benefit Uncertainty ROI 111

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. KPI dashboards or MRO inventory optimization) and audit trails are also included in CMMS software solutions.

Management 60

Management Cost-Benefit Enterprise IoT 60

Alation

MARCH 21, 2023

This can transform a would-be bad experience into a positive one, making people less likely to leave bad reviews (and more likely to recommend the airline to others). Some companies struggle to optimize their data’s value and leverage analytics effectively. Otherwise, they risk a data privacy violation.

Data Analytics 52

Data Analytics Analytics Data-driven Big Data 52

IBM Big Data Hub

FEBRUARY 14, 2024

AIOps is one of the fastest ways to boost ROI from digital transformation investments. Process automation is often centered on efforts to optimize spend, achieve greater operational efficiency and incorporate new and innovative technologies, which often translate into a better customer experience.

Cost-Benefit 83

Cost-Benefit Insurance Unstructured Data Machine Learning 83

Anmut

MARCH 22, 2023

Stage 2: Risk While there is a general awareness of the benefits of data governance , roles are poorly understood. You need to observe the ROI on your data investments, using insights to allocate the right capital to the right opportunities: Align your data strategy to operational needs.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

IBM Big Data Hub

AUGUST 15, 2023

Recent AI developments are also helping businesses automate and optimize HR recruiting and professional development, DevOps and cloud management, and biotech research and manufacturing. Without proper governance and transparency, companies risk reputational damage, economic loss and regulatory violations.

IT 75

IT Data Governance Modeling Cost-Benefit 75

Alation

JANUARY 27, 2022

Analytics can help a business improve customer relationships, optimize advertising campaigns, develop new products, and much more. As an organization embraces digital transformation , more data is available to inform decisions. Analytics can identify patterns that depict risks, opportunities, and trends. Boost Revenue.

Data Governance 52

Data Governance Analytics Cost-Benefit Data-driven 52

IBM Big Data Hub

AUGUST 4, 2023

Data democratization, much like the term digital transformation five years ago, has become a popular buzzword throughout organizations, from IT departments to the C-suite. It also optimizes the process with machine learning operations (MLOps) which uses prebuilt ML models designed to automate the ML model-building process.

Data Architecture 59

Data Architecture Data Lake Machine Learning Data Governance 59

Sisense

JUNE 24, 2021

Understanding data on learning habits and preferences is key to optimizing learning and development (L&D) outcomes in the evolving workplace. While that’s really important info for you, the learning professional, the business may only be interested in final outcomes (the ROI or a measurable change in performance or behavior, etc.).

Analytics 83

Analytics Measurement Dashboards Optimization 83

datapine

MARCH 15, 2019

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. A recent study suggests that the use of predictive analytics in business can result in an ROI of up to 25%.

Technology 143

Technology Cost-Benefit KPI Dashboards 143

Sisense

MARCH 23, 2020

In Monetizing Your Data , we look at digital transformation: the ways of turning data into new revenue streams and apps that boost income, increase stickiness, and help your company thrive in the world of Big Data. It’s all about optimizing your existing assets to boost operational effectiveness and maximize revenue generation.

Analytics 64

Analytics Data-driven Consulting Marketing 64

datapine

MARCH 27, 2019

Improving the ROI of your promotional and marketing activities. Unless you take the necessary precautions, you run the risk of having to deal with multiple non-common data entries that may make your stats, facts, figures, and metrics inconsistent. The ability to visualize real-time market changes. Enhancing your sales efficiency.

Management 129

Management Data-driven Dashboards Visualization 129

Andrew White

JANUARY 11, 2021

Some data is more a risk than valuable. Risk Management (most likely within context of governance). For a time, I believed simulation was more useful a capability than optimization, at the time that larger firms were seeking optimization solutions. Saul Judah is our main person focusing on D&A risk management.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52