CIO Business Intelligence

FEBRUARY 24, 2023

When setting goals and measuring progress, it often helps to assess the current state of the digital portfolio in terms of how digitally-enabled it is today, as well as to define the future vision in terms of the organization’s digital ambition. How often are we refreshing our portfolio and introducing new products and services?

Measurement 111

Measurement Digital Transformation Strategy Software 111

IBM Big Data Hub

JANUARY 16, 2024

A finely tuned product development strategy is a holistic, cross-collaborative endeavor with the capacity to help any organization weather unforeseen events or market changes. Why is a strong product development strategy important? Consumers have access to more information than ever to compare products and brands.

Strategy 80

Strategy Cost-Benefit Testing Manufacturing 80

CIO Business Intelligence

FEBRUARY 15, 2024

Following are ways CIOs can help overcome disconnect in the C-suite on the evolving nature of their role in an effort to better enable support for their digital strategies. The dialogue with the board and with human resources is fruitful, and the managers are receptive, which greatly facilitates the digital strategy.”

Strategy 109

Strategy Digital Transformation Cost-Benefit Forecasting 109

Analytics Vidhya

DECEMBER 20, 2023

This comprehensive strategy mainly aims to measure and forecast potential risks associated with AI development. OpenAI, the renowned artificial intelligence research organization, has recently announced the adoption of its new preparedness framework.

Forecasting 310

Forecasting Measurement Strategy Risk 310

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 70

Strategy Cost-Benefit Key Performance Indicator Consulting 70

CIO Business Intelligence

NOVEMBER 14, 2023

Although some continue to leap without looking into cloud deals, the value of developing a comprehensive cloud strategy has become evident. Without a clear cloud strategy and broad leadership support, even value-adding cloud investments may be at risk. And it’s never too late for CIOs to reassess their cloud strategies.

Strategy 141

Strategy Cost-Benefit IT Key Performance Indicator 141

Smart Data Collective

AUGUST 17, 2021

The best way to measure and analyze the growth of a business is to use business metrics. Business metrics are certain pieces of data that you use to measure various essential and relevant aspects of your business. The following are the ways to measure and analyze business growth with data analytics tools. Track Cash Flow.

Measurement 121

Measurement Optimization Analytics Metrics 121

datapine

JULY 14, 2022

Implementing a data-driven sales strategy is a sure-fire way to acquire quality leads and identify business opportunities. In this post, we will share five best practices to boost sales strategy with data. #1: With the segmentation data, your sales team can plan a solid sales strategy and target the most relevant segments.

Sales 171

Sales Strategy Metrics ROI 171

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

JUNE 23, 2023

According to the MIT Technology Review Insights Survey, an enterprise data strategy supports vital business objectives including expanding sales, improving operational efficiency, and reducing time to market. The problem is today, just 13% of organizations excel at delivering on their data strategy.

Data Strategy 102

Data Strategy Strategy Visualization Consulting 102

IBM Big Data Hub

NOVEMBER 30, 2023

Ever since the pandemic changed the corporate world, organizations have rededicated themselves to excelling at employee experience strategy. Five ways to improve your employee experience strategy Focusing on providing a positive employee experience is the first responsibility. But empathy cannot be faked or applied in half measures.

Strategy 104

Strategy Consulting Reporting Management 104

IBM Big Data Hub

NOVEMBER 20, 2023

An organization is only as strong as its talent pool, so organizations have increasingly embraced talent management as a core component of their overarching strategy. Demonstrate a strong approach during recruitment and onboarding Talent management strategies begin before an organization ever hires someone.

Strategy 105

Strategy Management Cost-Benefit Consulting 105

IBM Big Data Hub

DECEMBER 8, 2023

The only way for effective risk reduction is for an organization to use a step-by-step risk mitigation strategy to sort and manage risk, ensuring the organization has a business continuity plan in place for unexpected events. Building a strong risk mitigation strategy can set up an organization to have a strong response in the face of risk.

Risk 72

Risk Strategy Risk Management Insurance 72

TDAN

NOVEMBER 2, 2021

What is Data Governance and How Do You Measure Success? Answers will differ widely depending upon a business’ industry and growth strategy. Data governance is a system for answering core questions about data. It begins with establishing key parameters: What is data, who can use it, how can they use it, and why? But what […].

Data Governance 115

Data Governance Strategy Measurement IT 115

CIO Business Intelligence

OCTOBER 25, 2023

As threats evolve and share resources in the ransomware market, companies must stay ahead by adapting and enhancing their security measures. Discover firsthand the invaluable knowledge, strategies and real-world stories cybersecurity experts share. Threat Vector provides insights that are both enlightening and cautionary.

Strategy 112

Strategy Consulting Measurement Marketing 112

AWS Big Data

JANUARY 16, 2024

This makes it difficult to implement a comprehensive DR strategy. By combining metric monitoring, available dashboards, and automatic alarming, you can promptly detect unavailability of your primary environment, enabling proactive measures to transition to your DR plan.

Strategy 99

Strategy Metadata Metrics Dashboards 99

IBM Big Data Hub

JUNE 12, 2023

The following five takeaways are insights that we have gleaned from our extensive customer engagements, global regulatory outreach program and the industry contributions of the IBM Financial Services Cloud Council: Allow your digital transformation ambitions (not your fears) to drive your cloud strategy. appeared first on IBM Blog.

Strategy 92

Strategy Cost-Benefit Digital Transformation Uncertainty 92

CIO Business Intelligence

AUGUST 22, 2023

This article explores effective strategies that empower organizations to safeguard their systems and valuable data. Strategy 1: Implement strong authentication and authorization mechanisms Enforcing robust authentication and authorization mechanisms is a fundamental step in preventing API abuse.

Strategy 89

Strategy Measurement Testing Software 89

Smart Data Collective

JULY 26, 2020

And how can you measure or improve employee engagement in your organization? The trouble is, what engages one employee may not necessarily engage another, and some strategies will naturally be more effective than others. How can you tell which strategies are most effective, or which ones are working at all?

Measurement 111

Measurement Analytics Metrics Strategy 111

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 105

Strategy Management Key Performance Indicator ROI 105

IBM Big Data Hub

AUGUST 3, 2023

Organizations that understand their response times can likely plot proactive remediation strategies before the application fails. Resource usage: This measures the percentage of available resources an application is using at any particular time. Certain applications that are resource-intensive can impact performance elsewhere.

Measurement 65

Measurement Metrics Risk Software 65

Paul Blogs on BI

NOVEMBER 13, 2023

I have a had a lot of conversations about data strategy this year. With both the rise in organizations looking to move their data to the cloud and the increasing awareness of the power of BI and generative AI, data strategy has become a top priority. Yet, all these items are within the realm of a Data Strategy so where do you start?

Data Strategy 52

Data Strategy Strategy Gap analysis Data Warehouse 52

datapine

JULY 3, 2019

In a hyper-connected digital world driven by data, there has never been a better time for businesses to gather meaningful insights on their target prospects, in addition to measuring ongoing levels of commercial growth and performance. Social media KPIs are values that measure the performance of social media marketing (SMM) campaigns.

Metrics 219

Metrics KPI Strategy ROI 219

TDAN

MAY 16, 2023

The difficulty is convincing decision makers to invest in data when measures of data’s value either do not exist or feel too ambiguous to estimate. As digital transformation accelerates, interest in frameworks for linking data to monetary measures grows.Connecting data […] For data managers, the struggle is especially familiar.

Measurement 59

Measurement ROI Digital Transformation Management 59

IBM Big Data Hub

DECEMBER 20, 2023

Customer experience strategy (CX strategy) is when organizations optimize customer engagements to create happy customers, drive customer loyalty and help to recruit new customers. Seven hallmarks of a successful customer experience strategy Customer experience requires the right strategy and dedicated actions to drive success.

Strategy 68

Strategy Consulting Key Performance Indicator Metrics 68

CIO Business Intelligence

DECEMBER 13, 2022

Recently, chief information officers, chief data officers, and other leaders got together to discuss how data analytics programs can help organizations achieve transformation, as well as how to measure that value contribution. Measuring data analytics’ value Participants shared questions about how to measure data analytics program value.

Data Analytics 94

Data Analytics Strategy Analytics Metrics 94

datapine

FEBRUARY 9, 2024

The process helps businesses and decision-makers measure the success of their strategies toward achieving company goals. How does Company A measure the success of each individual effort so that it can isolate strengths and weaknesses? This, in turn, will cause problems like wasted focus, wayward strategies, and loss of revenue.

KPI 221

KPI Management Key Performance Indicator Measurement 221

Peter James Thomas

MARCH 9, 2020

The author, engaged in measuring maturity – © Jennifer Thomas Photography – view full photo. In the thirteen years that have passed since the beginning of 2007, I have helped ten organisations to develop commercially-focused Data Strategies [1].

Measurement 67

Measurement Strategy Data Strategy Modeling 67

Anmut

MARCH 22, 2023

A data maturity model helps your company measure its data and business health. This stage is typical for organisations that are just starting to develop their data strategy. Executives consult data when setting company goals and utilise it to track and measure outcomes, disseminating it promptly to all appropriate parties.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

Alation

OCTOBER 5, 2021

What is data governance and how do you measure success? Answers will differ widely depending upon a business’ industry and strategy for growth. The first step towards a successful data governance strategy is setting appropriate goals and milestones. Why is your data governance strategy failing?

Data Governance 96

Data Governance Strategy Data Quality Metrics 96

Smart Data Collective

OCTOBER 28, 2020

With a mountain of existing data privacy regulations and more on the way, it’s more critical than ever to implement strict cybersecurity strategies. If you process data of any kind – even if you only collect email addresses – you need strong cybersecurity measures. Data breaches lead to fraud and huge fines.

Measurement 100

Measurement Strategy Risk Marketing 100

FineReport

DECEMBER 9, 2021

Business intelligence strategy is seen as a roadmap designed to help companies measure their performance and strengthen their performance through architecture and solutions. Therefore, creating a successful BI strategy roadmap would have a great positive impact on organization efficiency. How to develop a smart BI strategy?

Strategy 98

Strategy Business Intelligence KPI Key Performance Indicator 98

CIO Business Intelligence

OCTOBER 25, 2022

This article was co-authored by Duke Dyksterhouse , an Associate at Metis Strategy. Every day, it helps countless organizations do everything from measure their ESG impact to create new streams of revenue, and consequently, companies without strong data cultures or concrete plans to build one are feeling the pressure.

Data Strategy 140

Data Strategy Strategy Data Lake Data-driven 140

CIO Business Intelligence

APRIL 14, 2022

This article was co-authored by Katherine Kennedy , an Associate at Metis Strategy. The ability to provide transparent, data-driven insights and measure progress toward ESG commitments makes the technology leader critical to the success of any ESG strategy. Create dedicated data privacy and security teams.

Strategy 105

Strategy Digital Transformation IoT Measurement 105