CIO Business Intelligence

APRIL 16, 2024

Some researchers and tech leaders are using the strategy. In practice, I think leaders are too afraid to take that risk; it’s a change, and we’re inundated with change, and this is one more change they’re not willing to take on,” says Brittany Lutes, a research analyst at Info-Tech Research Group. Its use is on the upswing.

Strategy 123

Strategy Reporting Management Marketing 123

CIO Business Intelligence

DECEMBER 28, 2023

The need to manage risk, adhere to regulations, and establish processes to govern those tasks has been part of running an organization as long as there have been businesses to run. Furthermore, the State of Risk & Compliance Report, from GRC software maker NAVEX, found that 20% described their programs as early stage. What is GRC?

Risk 96

Risk Risk Management Strategy Enterprise 96

Smart Data Collective

FEBRUARY 23, 2023

By analyzing data and extracting useful insights, brands can make informed decisions to optimize their branding strategies. This article will explore data mining and how it can help online brands with brand optimization. Predicting Customer Churn Data mining can be used to predict which customers are at risk of leaving a brand.

Data mining 126

Data mining Optimization Technology Marketing 126

CIO Business Intelligence

JULY 31, 2023

For those companies operating on a calendar year, the end of summer signals the start of annual planning and the mad dash to prepare their IT strategies. Your answers will lay the foundation for your strategy and highlight where your story needs work if you want to avoid fire drills in the eleventh hour. What’s the vision for IT?

Strategy 94

Strategy IT Cost-Benefit Finance 94

CIO Business Intelligence

MAY 2, 2024

Transforming culture: A cloud CoE must engage the security and risk groups within an organization to understand the hybrid landscape and ensure the identification and mitigation of risks. A cloud center of excellence (CoE) in an enterprise can make a big difference in the return on cloud investments.

ROI 85

ROI Optimization Manufacturing Risk 85

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. A procurement strategy is not merely a series of steps for acquiring goods and services. What is a procurement strategy?

Strategy 72

Strategy Cost-Benefit Key Performance Indicator Consulting 72

IBM Big Data Hub

JUNE 12, 2023

As public cloud technology and hybrid multicloud architectures are being adopted in financial institutions at an increasing rate, we’re observing that their counterparts in the public sector— central banks—are a long way behind, due at least in part to a profoundly risk-averse approach.

Strategy 95

Strategy Cost-Benefit Digital Transformation Uncertainty 95

Cloudera

DECEMBER 19, 2023

There, I met with IT leaders across multiple lines of business and agencies in the US Federal government focused on optimizing the value of AI in the public sector. AI can optimize citizen-centric service delivery by predicting demand and customizing service delivery, resulting in reduced costs and improved outcomes.

Optimization 86

Optimization Cost-Benefit Unstructured Data Risk 86

IBM Big Data Hub

DECEMBER 20, 2023

Without an AI strategy, organizations risk missing out on the benefits AI can offer. An AI strategy helps organizations address the complex challenges associated with AI implementation and define its objectives. What is an AI strategy? A successful AI strategy should act as a roadmap for this plan.

Strategy 79

Strategy Business Objectives Cost-Benefit Consulting 79

CIO Business Intelligence

NOVEMBER 22, 2022

Every enterprise needs a data strategy that clearly defines the technologies, processes, people, and rules needed to safely and securely manage its information assets and practices. Here’s a quick rundown of seven major trends that will likely reshape your organization’s current data strategy in the days and months ahead.

Data Strategy 145

Data Strategy Strategy Enterprise Consulting 145

CIO Business Intelligence

APRIL 11, 2024

Oracle Cloud Infrastructure is now capable of hosting a full range of traditional and modern IT workloads, and for many enterprise customers, Oracle is a proven vendor,” says David Wright, vice president of research for cloud infrastructure strategies at research firm Gartner.

Enterprise 121

Enterprise IT Data Processing Strategy 121

CIO Business Intelligence

JUNE 23, 2023

Respondents were asked about their current IT stressors, their approach to modernizing their IT infrastructure, and how they plan to become more efficient and optimized in the years ahead. It helps reduce risk, increase efficiency, optimize resources, and improve both the customer and employee experience.

IT 93

IT Risk Management Risk Optimization 93

CIO Business Intelligence

MAY 8, 2024

Process automation and improvement is a perennial CIO agenda item, and the call for business process optimization is only getting louder — especially for those processes directly tied to the bottom line. We take the financial risk for this, which means that if there is anything that’s misrepresented, the money comes from our pocket.”

IT 92

IT Cost-Benefit Insurance Unstructured Data 92

Smart Data Collective

DECEMBER 26, 2022

Let’s get started with a comprehensive cybersecurity strategy for your small business. The first step of a well-planned cybersecurity strategy is identifying the avenues of attack in your system. Before prioritizing your threats, risks, and remedies, determine the rules and regulations that your company is obliged to follow.

Strategy 131

Strategy Testing Risk Software 131

Smart Data Collective

JULY 20, 2022

A growing number of businesses use big data technology to optimize efficiency. However, companies that have a formal data strategy are still in the minority. Only 32% of executives have officially laid out a data strategy to drive their organization. Keep reading to learn how to combine these two initiatives.

Data-driven 125

Data-driven Optimization Big Data Data Strategy 125

CIO Business Intelligence

FEBRUARY 1, 2023

As organizations of all stripes continue their migration to the cloud, they are coming face to face with sometimes perplexing cost issues, forcing them to think hard about how best to optimize workloads, what to migrate, and who exactly is responsible for what. Lacking a clear strategy determined by business objectives.

Optimization 108

Optimization Cost-Benefit Consulting Strategy 108

CIO Business Intelligence

JULY 13, 2022

Metrics that create a narrative and show how the business compares to competitors, the wider industry, and globally against all businesses give a clear picture that allows board members to set strategy. The day continues with Doug Fisher, SVP and CSO at Lenovo , who will share his strategies for strong security leadership.

Strategy 117

Strategy Metrics Risk Risk Management 117

CIO Business Intelligence

MARCH 9, 2022

Today’s cloud strategies revolve around two distinct poles: the “lift and shift” approach, in which applications and associated data are moved to the cloud without being redesigned; and the “cloud-first” approach, in which applications are developed or redesigned specifically for the cloud. Change the organizational mindset.

Strategy 143

Strategy Consulting Risk Testing 143

IBM Big Data Hub

MAY 8, 2023

This blog continues the discussion, now investigating the risks of adopting AI and proposes measures for a safe and judicious response to adopting AI. This blog continues the discussion, now investigating the risks of adopting AI and proposes measures for a safe and judicious response to adopting AI.

Insurance 73

Insurance Risk Testing Data Quality 73

CIO Business Intelligence

JUNE 9, 2023

Such is the case with a data management strategy. For example, smart hospitals employ effective data management strategies. Increased revenue: By using data to identify new opportunities, improve customer engagement and optimize pricing strategies, businesses can increase their revenue and profitability.

Strategy 107

Strategy Management Key Performance Indicator ROI 107

Smart Data Collective

FEBRUARY 9, 2022

Luckily, there are a few analytics optimization strategies you can use to make life easy on your end. Exit based on strategies: Such plans can assist you in limiting losses as they inform the system when to stop trading. Helps you to determine areas of abnormal losses and profits to optimize your trading algorithm.

Visualization 133

Visualization Optimization Analytics Testing 133

bridgei2i

OCTOBER 29, 2020

Case study: Building a Data-driven Collection Channel Allocation Optimization Strategy for an NBFC. The client is a leading Financial Services firm that wanted to deploy collection resources optimally, to maximize the overall resolution rate. Learn how the right AI strategy can take your business to its pinnacle.

Data-driven 52

Data-driven Optimization Strategy Risk 52

CIO Business Intelligence

FEBRUARY 5, 2024

To achieve optimal team performance, IT leaders should pay close attention during all project phases. Yet a technology-concentrated approach can create significant risk, such as breaking processes that lie outside of IT or overspending on solutions that may only perpetuate the issue that still must be resolved.

IT 127

IT Data-driven Strategy Digital Transformation 127

IBM Big Data Hub

JUNE 20, 2023

Here’s what you need to know in order to build a successful strategy. We’ll go deeper into EAMs, the technologies underpinning them and their implications for asset lifecycle management strategy in another section. What is an asset? First, let’s talk about what an asset is and why they are so important.

Strategy 77

Strategy Management Cost-Benefit IoT 77

Smart Data Collective

JULY 9, 2023

One benefit is that they can help with conversion rate optimization. This article is going to provide some great insights on developing strategies for unlocking additional value from an online business, which can do a lot to boost revenue and catapult the enterprise to new heights.

Optimization 74

Optimization Data Analytics Analytics Data-driven 74

Smart Data Collective

DECEMBER 13, 2021

E-commerce Companies Are Using Big Data Technology to Improve the Execution of their Marketing Strategies. More e-commerce companies are leveraging analytics and AI to improve their business strategies. Most ecommerce marketing strategies depend on your market, competitors, and your business goals. billion on big data by 2025.

Data-driven 136

Data-driven Marketing Strategy Big Data 136

IBM Big Data Hub

APRIL 12, 2024

Asset investment planning (AIP) tools bring value in optimizing various, sometimes conflicting, value drivers. However, they follow different approaches to risk management by using a risk matrix to assess risk at the start of an optimization cycle. This approach leads to suboptimization.

Optimization 90

Optimization Risk Risk Management Management 90

Smart Data Collective

APRIL 19, 2021

But in most instances, the real risk comes from within. For this reason, it’s highly important to implement the correct strategies to minimize any potential breaches. Images of internet hackers sitting in the dark making use of overly complex codes to steal data are not uncommon. Potential consequences. Compliance and regulations.

Risk 121

Risk Management Measurement Optimization 121

Smart Data Collective

FEBRUARY 3, 2022

If a company fails to do so, customer satisfaction is put at risk. If errors like this happen often, your business’s reputation is put at risk. The data is essential for optimizing the business, thus, increasing the profits. This report allows you to come up with a sales strategy to boost revenue.

Optimization 110

Optimization Data Analytics Modeling Analytics 110

CIO Business Intelligence

OCTOBER 16, 2023

Two significant changes have prompted a reassessment: first, business transformation projects necessitate comprehensive process evaluations, so the two domains can’t be viewed separately anymore; second, the growing emphasis on security has highlighted the substantial risks of using outdated, unmonitored technology.

Manufacturing 130

Manufacturing Strategy Cost-Benefit IoT 130

CIO Business Intelligence

AUGUST 23, 2023

Having joined its executive team 18 months ago, CDIO Jennifer Hartsock oversees its global technology portfolio, and digital and data strategies, so she has to keep track of a lot of moving parts, both large and small, to help achieve the company’s big corporate strategy about being ‘better together.’ “It

Data Strategy 92

Data Strategy Strategy B2B Digital Transformation 92

Decision Management Solutions

MARCH 4, 2020

Balancing key profit drivers such as revenue, risk, & costs is central to success in lending and many other high volume, transactional decisions targeted with Decision Management. Add mathematical optimization and you can go even further. It will show you the value of decision optimization and identify the critical success factors.

Optimization 83

Optimization Cost-Benefit Publishing Strategy 83

CIO Business Intelligence

NOVEMBER 8, 2023

Danielle Phaneuf, partner, Cloud & Digital Strategy at PwC, says that inflation will probably be the leading threat to business for at least the next six months — an assertion 40% of CEOs agreed with in PwC’s 2023 CEO Survey. Inflation may have dropped from its high in 2022, but the price pressures on IT budgets have continued unabated.

IT 121

IT Cost-Benefit Digital Transformation Software 121

CIO Business Intelligence

APRIL 27, 2023

The CIO typically ranks the highest in an IT department, responsible for managing the organization’s IT strategy, resources, operations, and overall goals. Meanwhile, the CTO focuses on technology research and development efforts, often working closely with the CIO to develop a strong IT strategy. increase from 2021.

IT 113

IT Software Risk Management 113

CIO Business Intelligence

MARCH 3, 2024

Its conclusions were less than optimal. And only 45 percent of CISOs were very or somewhat concerned about the risks of unsecured printers, compared to 72 percent of CIOs. For its 2023 Security Priorities report, Foundry surveyed 790 IT security workers to understand their projects and priorities.

IT 99

IT Measurement Risk Testing 99

CIO Business Intelligence

AUGUST 1, 2022

Upgrading IT and data security to reduce corporate risk was the No. Without an overall strategy for modernization, companies risk mismanaging their edge-to-cloud data efforts, either overprovisioning, which incurs unnecessary costs, or underprovisioning, which impedes their ability to fully deliver for customers or hit key business goals.

Strategy 87

Strategy Cost-Benefit Risk Management 87

IBM Big Data Hub

APRIL 10, 2023

A well-designed data architecture should support business intelligence and analysis, automation, and AI—all of which can help organizations to quickly seize market opportunities, build customer value, drive major efficiencies, and respond to risks such as supply chain disruptions.

Strategy 94

Strategy Data Architecture Cost-Benefit Reporting 94