CIO Business Intelligence

JUNE 21, 2023

Identify specific areas where technology can enable growth, such as customer and employee experience, optimized operations, supply chain optimization, and data-driven decision-making. Show the short-term and long-term benefits, along with the associated costs and risks. Also spotlight the other side of ROI (return on ignorance).

Modeling 105

Modeling Cost-Benefit ROI Digital Transformation 105

CIO Business Intelligence

JUNE 9, 2023

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 many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents.

Strategy 115

Strategy Management Key Performance Indicator ROI 115

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 124

ROI Cost-Benefit KPI Uncertainty 124

CIO Business Intelligence

SEPTEMBER 14, 2023

VMware The Faster, Safer Path to the Cloud VMware Cross-Cloud managed services allow businesses to play offense and defense by enabling them to invest confidently in growth and innovation while simultaneously optimizing their IT spending and talent pool through an ecosystem of validated managed services offerings built on a common foundation.

Management 82

Management Cost-Benefit Optimization ROI 82

IBM Big Data Hub

OCTOBER 25, 2023

Hybrid cloud allows them to take advantage of powerful open-source large language models (LLMs), use public data and computing resources to train their own models and securely fine-tune their models while keeping their proprietary insights private. Start small, test and scale.

Cost-Benefit 86

Cost-Benefit ROI Modeling Testing 86

Anmut

MARCH 22, 2023

Data maturity models are a crucial step for any organisation looking to improve their data, informing if your current data practices are helping, or holding back, your business. ? Click the links below to navigate to different sections What are data maturity models? Why do we need data maturity models? It’s like driving a car.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

IBM Big Data Hub

NOVEMBER 6, 2023

With 89% of digital businesses investing in personalization to enhance the customer digital experience , those that fail to do so risk falling behind. Through workload optimization, watsonx.data can reduce the cost of an enterprise’s data warehouse by up to 50%.

Cost-Benefit 106

Cost-Benefit Enterprise ROI Data Warehouse 106

CIO Business Intelligence

MARCH 3, 2024

Its conclusions were less than optimal. Worse, it said “adversaries are accelerating and widening their range of sophisticated attacks at scale through automation, cybercrime-as-a-service models, impersonations and adaptation.” It has many features to counter security risks that are specific to multifunction printers.

IT 110

IT Measurement Risk Testing 110

CIO Business Intelligence

FEBRUARY 22, 2024

There’s no defined hierarchical structure, but the Hub is based on a transversal and collaborative model where groups are created, and employees from all areas work on specific projects along with external experts. But AI also poses some challenges and risks when it comes to privacy, security, ethics, transparency, and accountability.

IT 104

IT Digital Transformation IoT Cost-Benefit 104

IBM Big Data Hub

MAY 9, 2023

Today, AI presents an enormous opportunity to turn data into insights and actions, to help amplify human capabilities, decrease risk and increase ROI by achieving break through innovations. This solution is designed to include everything needed to develop a consistent transparent model management process. It is an imperative.

Metadata 75

Metadata Risk Experimentation Dashboards 75

IBM Big Data Hub

OCTOBER 4, 2022

Today, AI presents an enormous opportunity to turn data into insights and actions, to amplify human capabilities, decrease risk and increase ROI by achieving break through innovations. Manual processes that introduce risk and make it hard to scale. Multiple unsupported tools for building and deploying models.

Metadata 99

Metadata Risk Risk Management Experimentation 99

DataRobot Blog

AUGUST 18, 2022

Challenges in inventory management, demand forecasting, price optimization, and more can result in missed opportunities and lost revenue. Retailers and manufacturers that incorporate AI in supply chain management greatly enhance their ability to forecast demand, manage inventory, and optimize price. Application of AI in Supply Chain.

Manufacturing 98

Manufacturing Cost-Benefit Forecasting Data-driven 98

IBM Big Data Hub

APRIL 18, 2024

While these large language model (LLM) technologies might seem like it sometimes, it’s important to understand that they are not the thinking machines promised by science fiction. Most experts categorize it as a powerful, but narrow AI model. A key trend is the adoption of multiple models in production.

Cost-Benefit 93

Cost-Benefit Modeling Manufacturing Interactive 93

CIO Business Intelligence

AUGUST 23, 2022

To address this requirement and ensure seamless connectivity, organizations are rapidly adopting consumption-driven NaaS models to balance the cost of their network growth with the digital experience of their stakeholders. Transitioning to Business Value . Obtaining more insight into hidden costs (e.g.,

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

CIO Business Intelligence

NOVEMBER 29, 2023

Minimize lock-in risks You need to carefully weigh the tradeoffs when it comes to leveraging each vendor’s cloud-native services. “If Most of the time, those CIOs decide to keep the multi-cloud model because they’re locked in. But if it’s overladen with optimizations, you’re stuck.” You’re trapped, big time,” says Nag.

Recreation/Entertainment 124

Recreation/Entertainment Testing Strategy Risk 124

datapine

SEPTEMBER 29, 2022

More generally, low-quality data can impact productivity, bottom line, and overall ROI. No, its ultimate goal is to increase return on investment (ROI) for those business segments that depend upon data. Industry-wide, the positive ROI on quality data is well understood. 2 – Data profiling. by rule, by date, by source, etc.).

Data Quality 241

Data Quality Metrics Data-driven Management 241

CIO Business Intelligence

MARCH 11, 2024

For example, a financial services company might seek a solution that can help them manage risk, comply with industry-specific regulations, and provide better customer service. A generic CRM might manage leads, but can it optimize industry pricing? The funding model also changes – for nearly all verticals.

Manufacturing 92

Manufacturing Cost-Benefit Finance Marketing 92

3AG Systems

APRIL 3, 2023

To stay competitive and agile, manufacturers are adopting immersive technologies like digital twins, virtual reality, and real-time 3D models, transforming how they design, build, and manage facilities. They enable manufacturers to visualize, predict, and optimize plant operations with minimized risk and increased reliability.

Manufacturing 40

Manufacturing ROI Data-driven Optimization 40

CIO Business Intelligence

DECEMBER 29, 2023

While there remains a lot we don’t fully understand about AI, including its associated risks, there are many opportunities to take advantage of moving forward in business and life,” he says. Also, CIOs are asking what processes other people are using around determining proof of concepts, use cases, and ROI for generative AI,” he says.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

JUNE 5, 2023

Though you may call the stages of the lifecycle by different names, it all comes down to having the ability to collect, enrich, report, serve, and model all that data. Another factor to consider is risk. Without a high level of expertise across all areas of integration, you risk compromising security, governance, and compliance.

Data Integration 52

Data Integration ROI Risk Finance 52

CIO Business Intelligence

JUNE 28, 2023

Belcorp operates under a direct sales model in 14 countries. Finally, our goal is to diminish consumer risk evaluation periods by 80% without compromising the safety of our products.” Its brands include ésika, L’Bel, and Cyzone, and its products range from skincare and makeup to fragrances.

Digital Transformation 99

Digital Transformation Cost-Benefit Informatics Data mining 99

CIO Business Intelligence

MAY 2, 2023

Microsoft Azure OpenAI Service , which provides access to OpenAI’s large language models, allows more probing and deep questioning of data. The new Generative AI models can go deeper into historical information, summarize it, and then present it in a human-like conversation. How can Generative AI speed innovation in retail?

Cost-Benefit 97

Cost-Benefit Sales Visualization ROI 97

O'Reilly on Data

MARCH 31, 2020

Instead of writing code with hard-coded algorithms and rules that always behave in a predictable manner, ML engineers collect a large number of examples of input and output pairs and use them as training data for their models. The model is produced by code, but it isn’t code; it’s an artifact of the code and the training data.

Management 332

Management Machine Learning Experimentation Metrics 332

erwin

OCTOBER 8, 2020

And you can’t risk false starts or delayed ROI that reduces the confidence of the business and taint this transformational initiative. But even with the “need for speed” to market, new applications must be modeled and documented for compliance, transparency and stakeholder literacy. Subscribe to the erwin Expert Blog.

Data Governance 145

Data Governance Metadata Testing Data Lake 145

CIO Business Intelligence

FEBRUARY 7, 2024

Carter Busse, CIO of no-code enabled automation platform company Workato, adds that APIs are now important connective tissue to integrate and interact with large language models (LLMs) within business processes. “If Factors contributing to a quality API governance model should also future-proof the overall IT strategy.

Business Objectives 124

Business Objectives Cost-Benefit Strategy Data-driven 124

IBM Big Data Hub

FEBRUARY 14, 2024

Other uses include Netflix offering viewing recommendations powered by models that process data sets collected from viewing history; LinkedIn uses ML to filter items in a newsfeed, making employment recommendations and suggestions on who to connect with; and Spotify uses ML models to generate its song recommendations.

Cost-Benefit 85

Cost-Benefit Insurance Unstructured Data Machine Learning 85

CIO Business Intelligence

SEPTEMBER 11, 2023

He initiated the creation of a comprehensive operating model. a Karachi, Pakistan-based venture firm that accelerates growth for marketing technology (martech) startups, decided that developing an AI center of excellence model would be “a critical step in building digital literacy in the organization.” Rizwan, CIO of Z2C Ltd.,

Digital Transformation 135

Digital Transformation ROI Strategy Technology 135

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

IBM Big Data Hub

JUNE 26, 2023

By infusing artificial intelligence (AI) into IT operations , you can leverage the considerable power of natural language processing and machine learning models to automate and streamline operational workflows. The result: reduced costs, less waste and documented ROI for your automation efforts. of global electricity use.

Digital Transformation 54

Digital Transformation Cost-Benefit ROI Data-driven 54

Laminar Security

JUNE 13, 2023

The integration between Wiz and Laminar optimizes the value of both platforms while enabling organizations to more efficiently and effectively secure their public cloud environments. These misconfigurations often result in data exposure and heighten the risk of a breach or unauthorized access.

Risk 52

Risk ROI Data Governance Technology 52

Laminar Security

JUNE 13, 2023

The integration between Wiz and Laminar optimizes the value of both platforms while enabling organizations to more efficiently and effectively secure their public cloud environments. These misconfigurations often result in data exposure and heighten the risk of a breach or unauthorized access.

Risk 52

Risk ROI Data Governance Technology 52

Smart Data Collective

JUNE 3, 2021

In this way, insurers benefit from highly personalized and automated customer communication, optimize their processes, and open up access to new business models. If a customer has already filed multiple complaints with the insurer, it could mean they are at risk of churn. 5 Ways AI Can Be Used By Life Insurers.

Insurance 98

Insurance Machine Learning Cost-Benefit Risk 98

datapine

MAY 31, 2022

More and more CRM, marketing, and finance-related tools use SaaS business intelligence and technology, and even Adobe’s Creative Suite has adopted the model. This increases the risks that can arise during the implementation or management process. The next part of our cloud computing risks list involves costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

MAY 20, 2022

These capabilities allow us to reduce business risk as we move off of our monolithic, on-premise environments and provide cloud resiliency and scale,” the CIO says, noting National Grid also has a major data center consolidation under way as it moves more data to the cloud. Talent, data, and cloud operating models.

IT 104

IT Digital Transformation Internet of Things Data Architecture 104

BizAcuity

APRIL 25, 2022

The casino operators are expected to face known challenges of rising competition, decreasing ROI, and a high churn rate. ROI is sacrosanct for a casino business. No ROI, no investment. Casinos have to continuously work on the game mix such that they are able to generate ROI while managing player win expectations.

Marketing 52

Marketing Strategy ROI Digital Transformation 52

Smart Data Collective

DECEMBER 13, 2021

More companies are using sophisticated data analytics and AI tools to overhaul their business models. Marketers are using AI to refine their outreach strategies, assess the likelihood that their messages will be flagged as spam or phishing with risk scoring algorithms and ensure compliance with local regulations.

Data-driven 136

Data-driven Marketing Strategy Big Data 136

Domino Data Lab

MARCH 11, 2021

Machine learning (ML) frameworks are interfaces that allow data scientists and developers to build and deploy machine learning models faster and easier. What is your preferred programming language for artificial intelligence (AI) model development? Parameter Optimization. TensorFlow runs on both CPUs and GPUs.

Machine Learning 143

Machine Learning Deep Learning Insurance Modeling 143