CIO Business Intelligence

AUGUST 21, 2023

They may publicly preach “No technology for technology’s sake,” but they still frequently share their fascination with the latest tech gadgets. It’s then that the hopes for the technology get way ahead of what it can actually deliver today. They’re not the only ones enthralled by tech. Here’s what they say on the topic.

Technology 145

Technology IT Uncertainty Reporting 145

CIO Business Intelligence

NOVEMBER 20, 2023

Generative AI and, more specifically, ChatGPT captivated the corporate world in 2023, with board directors, CEOs, and other executives fawning (and sometimes fearing) the technology. IBM, for one, found that the average ROI on enterprise-wide AI initiatives at 5.9% with best-in-class companies “reaping an enviable 13% ROI.”

Technology 128

Technology IT ROI Software 128

Smarten

MARCH 6, 2022

To do that, the business must build a foundation of business processes, policies, technology and software that will support goals and objectives and make it easier, more timely and more efficient to perform tasks and complete activities. So, how does one improve ROI and TCO for business intelligence and augmented analytics?

Business Intelligence 76

Business Intelligence ROI Analytics Digital Transformation 76

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 77

Technology ROI Metrics Digital Transformation 77

CIO Business Intelligence

OCTOBER 30, 2023

In today’s digitally transforming world, time is of the essence. As you seek to boost agility and speed your organization’s digital transformation, there are some proven principles you can apply. In the process, they can break down the silos that stifle digital transformation.

Management 142

Management Digital Transformation Cost-Benefit ROI 142

CIO Business Intelligence

MARCH 6, 2024

Operational technology (OT) organizations face increasing challenges when it comes to cybersecurity. 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. As Industry 4.0

ROI 119

ROI Manufacturing Cost-Benefit IoT 119

Anmut

APRIL 6, 2021

Enterprise digital transformation and data. Most organisations undergoing a digital transformation understand that data is critical, but how many are actually managing data as an asset ? Your digital transformation initiatives fail. How data assets help enterprise digital transformation initiatives succeed.

Digital Transformation 52

Digital Transformation Enterprise Data Quality Data-driven 52

CIO Business Intelligence

MAY 13, 2024

That move, in turn, boosts the company’s automation, analytics, and artificial intelligence goals by delivering the high-quality data that those technologies crave — thereby improving both decision-making capabilities and user experiences. “We Corporate and IT strategy are one, and technology is the tool to deliver strategic objectives.

IT 126

IT Digital Transformation ROI Strategy 126

Rocket-Powered Data Science

FEBRUARY 12, 2021

One can automate a very complicated and time-consuming process, even for a one-time bespoke application – the ROI must be worth it, to justify doing this only once. IA refers to the addition of “intelligence” to the RPA – transforming it into “smart RPA” or even “cognitive RPA”. The average ROI from RPA/IA deployments is 250%.

ROI 234

ROI Digital Transformation Reporting Machine Learning 234

IBM Big Data Hub

NOVEMBER 7, 2023

For business leaders exploring ways to apply generative AI within their companies, it can be difficult to discern where to start, what will scale easily and what will deliver the greatest ROI. Now, apply generative AI to the already impactful automation technology. But the answer may be much simpler than it seems: automation.

Digital Transformation 87

Digital Transformation ROI Cost-Benefit Reporting 87

IBM Big Data Hub

MARCH 14, 2024

However, while embracing hybrid cloud might be intrinsic, clients continually seek to derive business value and higher return on investment (ROI) from their investments. The lack of ROI progress can be attributed to several factors, including slow adoption, unrealized use cases and unaddressed cloud sprawl.

ROI 70

ROI Business Objectives Cost-Benefit Enterprise 70

CIO Business Intelligence

NOVEMBER 15, 2023

Many businesses are eyeing the potential of artificial intelligence (AI) and machine learning (ML) to transform ERP. Your ability to reap the rewards of that potential may depend on how far along you are with digital transformation. It’s important to map your technology needs to business priorities.

Digital Transformation 123

Digital Transformation Cost-Benefit ROI Manufacturing 123

Anmut

APRIL 6, 2021

“Data is the new corporate currency” This phrase is regularly thrown around but most organisations are not connecting the dots, failing to see their data as a tangible asset in order to help their digital transformation efforts succeed.?. Your digital transformation initiatives fail. The result? The answer?

Digital Transformation 52

Digital Transformation Data Quality Data-driven ROI 52

CIO Business Intelligence

MARCH 10, 2023

By Leonard Kleinman, Field Chief Technology Officer (CTO) ) Cortex for Palo Alto Networks JAPAC Many things challenge how we practice cybersecurity these days. The Cost of a Data Breach 2022 Report highlights the role of automation in halving the cost of a data breach and reducing the time to identify and contain by 77 days.

Digital Transformation 126

Digital Transformation Cost-Benefit ROI Risk 126

Jet Global

OCTOBER 17, 2020

Agility also calls for automation, smart deployment of digital transformation technologies, and a willingness to explore new business models and innovations. Technology is being deployed in innovative new ways, and a shifting landscape calls for business leaders to address new problems with new approaches.

Reporting 98

Reporting Finance Digital Transformation Uncertainty 98

CIO Business Intelligence

APRIL 1, 2024

Feats like that have ramped up pressure on CIOs to not just modernize, but modernize faster so they’re ready to seize new opportunities as they arise by having infrastructure that can support emerging technologies and a team that isn’t mired in maintenance mode. Technology modernization without purposeful application produces novelty at best.

Strategy 140

Strategy IT ROI Digital Transformation 140

CIO Business Intelligence

NOVEMBER 28, 2023

When vendor-driven and customer-driven technology roadmaps are in close alignment, the results can be almost magical. They are more than eager to modernize with best-fit cloud solutions that drive innovation and rapid business impact, but they need to do so with ROI-based solutions. If yes, calculate cost and ROI.

IT 93

IT ROI Data-driven Digital Transformation 93

Alation

APRIL 27, 2022

This was a key finding in the quarterly Alation State of Data Culture Report , which provides an assessment of the progress enterprises have made in creating a data culture. Furthermore, organizations that do not invest in data and analytics technology also risk disruption by their competition and the market.

Reporting 52

Reporting Data-driven Digital Transformation Data Governance 52

Smart Data Collective

APRIL 20, 2021

Harvard Business Review Analytic Services recently published The State of Digital Adoption report on big data adoption in business, and its findings may surprise or even alarm many organizations and institutions. The study was sponsored by San Francisco-based digital adoption platform WalkMe.

Big Data 94

Big Data Strategy Digital Transformation Metrics 94

CIO Business Intelligence

DECEMBER 15, 2023

And the shift to product-based IT has already helped increase its global services revenue from property management, valuation, global occupier services, and a $1 billion janitorial business — the recurring revenues of which have kept the firm aloft while it further aligns its technology strategy to address changes in the market.

Enterprise 87

Enterprise Digital Transformation Marketing Strategy 87

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. explore data intelligence technologies, glance at information intelligence, and consider how these activities offer continued value in a real-life business context.

Technology 143

Technology Cost-Benefit KPI Dashboards 143

CIO Business Intelligence

MAY 10, 2023

With headquarters in Boston and over 2,700 employees worldwide, Novanta is an $800 million global supplier of laser photonics, precision motion control, and vision technologies. My team and I are very proud of our transformation that started in 2019,” she says. Here are some edited excerpts of that conversation.

Data-driven 97

Data-driven IT Digital Transformation Data Governance 97

CIO Business Intelligence

JUNE 21, 2023

One report estimates that 4,000 positions were eliminated by AI in May alone. In 2022, companies were still reeling from the rapid digital transformation efforts to survive the pandemic. She compared AI to the purpose of art, which made me think differently about the role then of AI and creativity in business transformation.

Modeling 104

Modeling Cost-Benefit ROI Digital Transformation 104

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

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 113

ROI Cost-Benefit KPI Uncertainty 113

CIO Business Intelligence

DECEMBER 1, 2022

“Me coming in from the outside and proposing so much change — the associates and midlevel management are the ones that must be empowered and that is the most difficult aspect of any kind of transformation.” Kanioura insists the transformation’s goal is not distributing pink slips. But there is more room to go. billion in revenue.

Digital Transformation 127

Digital Transformation IoT Data-driven KPI 127

CIO Business Intelligence

JULY 26, 2023

The residential real estate industry may not be perceived to be as digitally aggressive as Wall Street titans and multinational manufacturing conglomerates. As for Keller Williams, Chief Technology and Digital Officer Chris Cox sees the cloud as an engine for innovation. “We minutes from the moment the property is listed.

Data Lake 94

Data Lake Digital Transformation Machine Learning Data Architecture 94

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 133

Cost-Benefit Digital Transformation Consulting Strategy 133

Cloudera

OCTOBER 30, 2023

Agility, innovation, and time-to-value are the key differentiators cloud service providers (CSP) claim to help organizations speed up digital transformation projects and business objectives. The FinOps framework is helping organizations to obtain the best ROI for their cloud transformation.

Analytics 77

Analytics Cost-Benefit ROI Business Objectives 77

Smarten

FEBRUARY 13, 2024

You will need a comprehensive understanding of your existing technology, hardware, network and devices and you will need the help of your IT team to assist you in planning roll-out, estimating the cost of new technology to implement your plan, and interviewing prospective solution vendors and service providers.

Analytics 67

Analytics Cost-Benefit ROI Reporting 67

CIO Business Intelligence

DECEMBER 1, 2023

Their responsibilities include leading digital transformation efforts at the organization, delivering ROI on technology investments, and providing a secure platform for mission critical business processes. CIOs have a lot on their plates.

Cost-Benefit 52

Cost-Benefit ROI Digital Transformation Data Processing 52

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 144

Visualization Cost-Benefit IoT ROI 144

CIO Business Intelligence

APRIL 10, 2023

Ever since then, IT has been accused of being too technology-oriented. The title of my presentation has been “Digital Transformation Strategy,” subtitled “How to effectively exploit the IT resource to gain sustained competitive advantage.” This must be in the job description of every executive who reports to the CEO.

IT 71

IT ROI Sales Reporting 71

CIO Business Intelligence

APRIL 11, 2023

By 2027, 70% of healthcare organizations will rely on digital-first strategies to empower patients to take a more active role in health responsibilities and experiences, notes IDC in its FutureScape Worldwide Healthcare Industry 2023 Predictions report. Digital Transformation, IT Leadership Bedford, Mass.-based

Modeling 98

Modeling IT Strategy Uncertainty 98

CIO Business Intelligence

NOVEMBER 9, 2023

As countless organizations race to investigate or adopt artificial intelligence technologies, many are building out an AI skilled workforce. A chief AI officer is a senior IT executive who is responsible for setting a company’s overall AI strategy, including the design, development, and implementation of artificial intelligence technologies.

IT 121

IT Strategy Reporting Visualization 121

CIO Business Intelligence

APRIL 22, 2024

Scavuzzo, partner and chief information and digital officer, ensures it acts like one, with his technology team identifying and seizing on opportunities that drive company growth. We’re introducing technology that reinvents how we do business, and in a lot of cases, it has led us to generate revenue,” Scavuzzo explains.

IT 100

IT Data-driven Strategy Consulting 100

IBM Big Data Hub

APRIL 4, 2024

In a report from Technavio (link resides outside ibm.com), the private cloud services market size is estimated to grow at a CAGR of 26.71% between 2023 and 2028, and it is forecast to increase by USD 619.08

Data Processing 93

Data Processing Cost-Benefit Software Digital Transformation 93