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The steep cost of a poor data management strategy

CIO Business Intelligence

Such is the case with a data management strategy. Without it, businesses incur steep costs, but the downside, or costs, are often unclear because calculating data management’s return on investment (ROI), or upside, is a murky exercise. For example, smart hospitals employ effective data management strategies.

Strategy 116
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5 tips for maximizing ROI of IT projects

CIO Business Intelligence

One of the most important parameters for measuring the success of any technology implementation is the return on investment (ROI). Providing a compelling ROI on technology initiatives also puts CIOs in a stronger position for securing support and funds from the business for future projects. Deploy scalable technology.

ROI 132
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Data Analytics Helps Hedge Funds Improve Customer ROIs

Smart Data Collective

According to a report by Dataversity , a growing number of hedge funds are utilizing data analytics to optimize their rick profiles and increase their ROI. The Imperative of Risk Mitigation A crucial element in the world of financial investments is effective hedge fund management.

ROI 71
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7 Ways Data Analytics Is Boosting the ROI Of Digital Marketing

Smart Data Collective

Data analytics is the process of drawing inferences from datasets to understand the information they contain. 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. Improved Marketing Campaigns.

ROI 116
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Selling the C-suite on preemptive IT investments

CIO Business Intelligence

With greater scrutiny on margins and ROI, CIOs must spend wisely, making today’s economic environment a more difficult one for selling preemptive projects that don’t produce immediate ROI. Here are three strategies for getting it done. When these additional costs appear, the original ROI prognosticators get unhappy.

ROI 122
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How to kick-start your generative AI strategy

CIO Business Intelligence

Two-thirds of risk executives surveyed by Gartner consider gen AI a top emerging risk. McAfee counters that such risks are manageable. These risks are things you have to worry about with any other large-scale database technology project—but they’re not terrifying, and you have a great deal to gain,” says McAfee.

Strategy 109
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4 steps to improving your ESG risk management to increase financial performance

IBM Big Data Hub

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. However, 57% of CEOs admit that defining and measuring the Return on Investment (ROI) and economic benefits of their sustainability efforts remain a significant challenge.