CIO Business Intelligence

MARCH 25, 2024

And they want to know exactly how much return on investment (ROI) can be expected when IT leaders make technology-related changes. Continuous and dependable funding facilitates IT leaders’ ability to deliver leading-edge technology solutions while not increasing technical debt. CFOs want certainty when it comes to spend.

Modeling 123

Modeling Cost-Benefit IT ROI 123

CIO Business Intelligence

MAY 1, 2024

One of the main ones was ensuring seamless integration of AI technology into its existing systems and processes. This involved not only the acquisition and implementation of appropriate technologies, but also careful planning and coordination between the HR and digital transformation teams,” she adds.

Digital Transformation 92

Digital Transformation ROI Metrics Measurement 92

IBM Big Data Hub

MARCH 4, 2024

Generative AI (gen AI) introduces transformative innovation to all aspects of a business; from the front to the back office, through ongoing technology modernization, and into new product and service development. times higher ROI. times higher ROI.

Enterprise 105

Enterprise ROI Risk Strategy 105

IBM Big Data Hub

SEPTEMBER 6, 2023

From customized content creation to task automation and data analysis, AI has seemingly endless applications when it comes to marketing, but also some potential risks. Today, AI technologies are being used more widely than ever to generate content, improve customer experiences and deliver more accurate results. What is AI marketing?

Marketing 84

Marketing Technology Advertising ROI 84

CIO Business Intelligence

JUNE 9, 2023

But head starts don’t need to take years to make a difference, especially in the fast-moving world of technology where the window of opportunity is much shorter. In technology, hesitate, and you may not be able to catch up to your competitors. Data management’s ROI Customers often ask me how to “make the case” for data management.

Strategy 114

Strategy Management Key Performance Indicator ROI 114

Anmut

MARCH 22, 2023

A data maturity model helps your company measure its data and business health. Stage 2: Risk While there is a general awareness of the benefits of data governance , roles are poorly understood. Sadly, this lack of senior data ownership means technology investments are often confused with data investments.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

CIO Business Intelligence

MARCH 3, 2024

One component of corporate IT that has long been ‘in range’ for cyber criminals that is often overlooked when protection measures are being put in place are multifunction printers – widely used in almost every organisation. Fortunately, there are tools available to deal with the specific security challenges presented by printers.

IT 108

IT Measurement Risk Testing 108

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

datapine

SEPTEMBER 29, 2022

5) How Do You Measure Data Quality? In this article, we will detail everything which is at stake when we talk about DQM: why it is essential, how to measure data quality, the pillars of good quality management, and some data quality control techniques. Industry-wide, the positive ROI on quality data is well understood.

Data Quality 241

Data Quality Metrics Data-driven Management 241

Ontotext

APRIL 3, 2024

So, this is a big driver for the outcome because when you are saving money for the business, you can measure it and see its value. Nimit Mehta : You are talking about the three big ones: cost, revenue, and risk. And, when you get to the top, it’s about risks and existential threats to the business. Show me the ROI.”

Technology 59

Technology Risk Digital Transformation Measurement 59

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. Those Three Big Acronyms are still important for fine-tuning your IT operations, but success today is increasingly measured in business outcomes. Maybe you’ve even surpassed expectations in each of these yardsticks.

ROI 121

ROI Cost-Benefit KPI Uncertainty 121

IBM Big Data Hub

JANUARY 15, 2024

Enterprises now recognize the importance of leveraging innovative technologies to drive digital transformation and achieve cost efficiency. However, a lack of precise top-level planning and a narrow focus on technology without integration with business needs led to significant investments with suboptimal results for many companies.

Digital Transformation 73

Digital Transformation Insurance Optimization ROI 73

Smart Data Collective

SEPTEMBER 19, 2022

The industry is growing at a remarkable rate due to this new technology. They can also anticipate industry trends, assess risks, and make strategic steps to elevate the customer experience. Improving Risk Assessment. Measure the ROI from delivering a great customer experience. Improving Security. Fraud detection.

Big Data 129

Big Data ROI Measurement Risk 129

datapine

OCTOBER 11, 2023

3) Top 15 Warehouse KPIs Examples 4) Warehouse KPI Dashboard Template The use of big data and analytics technologies has become increasingly popular across industries. It allows for informed decision-making and efficient risk mitigation. In time, this will help you increase customer satisfaction and skyrocket warehouse ROI.

Metrics 217

Metrics KPI Management Cost-Benefit 217

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. IRM technology product leaders will need to develop IRM capabilities that are capable of addressing the IRM market insights outlined in this blog post. Key Findings.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

CIO Business Intelligence

AUGUST 23, 2022

They require simple platforms that enable rapid access to new technology to ensure the network meets the needs of their business. . Artificial intelligence (AI), machine learning (ML) technology, and flexible consumption models like network-as-a-service (NaaS) make it possible for organizations to respond effectively to these challenges.

Cost-Benefit 103

Cost-Benefit Business Objectives ROI Risk 103

CIO Business Intelligence

SEPTEMBER 11, 2023

Digital technology is infiltrating our business in ways we never thought of ourselves,’’ he says. So it is imperative the C-suite have digital literacy” not only to protect and enhance the customer value proposition but to understand new technologies and how they can be applied in their business. Rizwan, CIO of Z2C Ltd.,

Digital Transformation 135

Digital Transformation ROI Strategy Technology 135

Smart Data Collective

JULY 11, 2022

The market for marketing analytics technology is growing nearly 14% a year. The demand for data analytics technology in the marketing will continue to grow as more executives recognize its benefits. Data analytics technology is very helpful for companies trying to optimize their social media marketing strategy. Email marketing.

Data Analytics 132

Data Analytics Analytics Advertising Big Data 132

DataKitchen

MARCH 8, 2023

Products like DataKitchen’s DataOps Observability product can enable these insights rapidly across any technology stack or cloud. This requires a culture of innovation, experimentation, and willingness to take risks and try new approaches. Measuring these goals is very important to success.

Analytics 130

Analytics Manufacturing Data-driven Data Analytics 130

CIO Business Intelligence

APRIL 13, 2023

Gartner projects that spending on information security and risk management products and services will grow 11.3% To better focus security spend, some chief information security officers (CISOs) are shifting their risk assessments from IT systems to the data, applications, and processes that keep the business going. billion this year.

IT 112

IT Cost-Benefit Risk Consulting 112

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. They should be a champion for smart AI adoption, and be able to recognize and balance AI benefits with risks. This approach isn’t just about technological novelty.

IT 128

IT Strategy Reporting Visualization 128

CIO Business Intelligence

DECEMBER 5, 2023

IT leaders have always needed to exercise fiscal responsibility while meeting business demands for technology. The net result is that some organizations’ technology debts are growing faster than anything else and robbing them of their budgets and ability to innovate.”

IT 137

IT Cost-Benefit Digital Transformation ROI 137

Rocket-Powered Data Science

JULY 21, 2023

as likely to say that their ROI on observability tools far exceeded expectations. From these data streams, real-time actionable insights can feed decision-making and risk mitigations at the moment of need. Leaders are 7.9x Customers presenting at.conf23 included FedEx, Carnival Corporation & plc, Inter IKEA, and VMware.

Machine Learning 189

Machine Learning Metrics Reporting Internet of Things 189

datapine

FEBRUARY 22, 2022

This includes defining the main stakeholders, assessing the situation, defining the goals, and finding the KPIs that will measure your efforts to achieve these goals. But the rewards outperform by far its costs, and it is well known that business intelligence ROI is real even if it is sometimes hard to quantify.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

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). He suggests, “Choose what you measure carefully to achieve the desired results.

Measurement 136

Measurement Digital Transformation KPI Metrics 136

IBM Big Data Hub

JUNE 29, 2023

First, availability measures the operational capacity of an asset over time. While reliability and availability are both measured in percentages, it’s possible—even likely—that these percentages will differ even when referring to the same piece of equipment.

Cost-Benefit 85

Cost-Benefit Measurement Management Predictive Analytics 85

IBM Big Data Hub

APRIL 18, 2024

This is the potential of artificial general intelligence (AGI), a hypothetical technology that may be poised to revolutionize nearly every aspect of human life and work. However, if AGI development uses similar building blocks as narrow AI, some existing tools and technologies will likely be crucial for adoption.

Cost-Benefit 94

Cost-Benefit Modeling Manufacturing Interactive 94

BA Learnings

AUGUST 7, 2021

In addition to that, the risk assessment will not be carried out properly, and you won’t know what pitfalls lie ahead until you’re already knee-deep in the problem. New technologies, especially those that incorporate artificial intelligence , require specialized help for successful implementation into your business.

Digital Transformation 130

Digital Transformation Key Performance Indicator Cost-Benefit KPI 130

datapine

JANUARY 6, 2022

Yet, before any serious data interpretation inquiry can begin, it should be understood that visual presentations of data findings are irrelevant unless a sound decision is made regarding scales of measurement. Interval: a measurement scale where data is grouped into categories with orderly and equal distances between the categories.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

Smart Data Collective

JANUARY 30, 2023

AI technology is becoming increasingly important for software developers. AI Technology is Driving Major Changes in Software Development in an Uncertain Economy As 2022 is slowly coming to an end, we can’t say this is precisely what we thought the business environment would look like five years ago. Cyber attacks.

Software 98

Software Strategy Testing Advertising 98

Smart Data Collective

JUNE 3, 2021

The insurance industry is among those that has found new opportunities to take advantage of machine learning technology. Many of the applications of big data for insurance companies will be realized with machine learning technology. Many different industries are becoming more reliant on machine learning.

Insurance 98

Insurance Machine Learning Cost-Benefit Risk 98

Cloudera

NOVEMBER 16, 2020

The sizable impact from fraud on the insurance market is increasingly being addressed by fraud detection, prevention, and mitigation technology tools and services, creating a substantial fraud detection market. Unfortunately, fraudsters will continue to look for new opportunities and will also seek to leverage new technologies.

Insurance 98

Insurance ROI Marketing Machine Learning 98

CIO Business Intelligence

JUNE 12, 2023

First released in 1996, COBIT (Control Objectives for Information and Related Technologies) was initially designed as a set of IT control objectives to help the financial audit community better navigate the growth of IT environments. In 1998, the ISACA released version 2, which expanded the framework to apply outside the auditing community.

Risk Management 75

Risk Management Strategy Digital Transformation Enterprise 75

Smart Data Collective

DECEMBER 17, 2021

Therefore, to ensure the regular operation of production, sales and development, enterprises should take advanced and effective measures to back up and protect their data. We talked about the benefits of Zero Trust , but there are other data protection measures that you must take too. What is backup? Benefits of cloud backup.

Cost-Benefit 104

Cost-Benefit Measurement Big Data ROI 104

datapine

NOVEMBER 13, 2019

With so many areas to consider, deciding which KPIs to focus on while defining metric measurement periods can prove to be a challenge at the initial stages. e) Take accurate measurements. Procurement reports provide a wealth of opportunity to improve your ROI based on your various procurement actions and activities.

Reporting 158

Reporting KPI Cost-Benefit Metrics 158

CIO Business Intelligence

APRIL 18, 2022

They lead with a single technology — AI, cloud, or currently the metaverse, [which] is in a hype cycle.”. They run the risk of miscommunication and misaligned business, technology, and operational strategy across the CXO team. Steve Young, vice president of technology and innovation, VIA Metropolitan Transit.

Digital Transformation 145

Digital Transformation Dashboards Cost-Benefit Consulting 145

CIO Business Intelligence

MAY 16, 2022

ITIL’s systematic approach to IT service management (ITSM) can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. But it also updates the framework to accommodate and answer to modern technology, tools, and software.

IT 105

IT Cost-Benefit ROI Risk 105