CIO Business Intelligence

MAY 9, 2024

To date, many of these positions are with technology vendors or at government entities in the wake of recent AI mandates. At a high level, a CAIO will need to understand the business well enough to identify where AI can make an impact, whether through new value streams or optimization, Daly says.

Risk Management 104

Risk Management Risk Cost-Benefit Technology 104

Smart Data Collective

APRIL 3, 2022

One of the ways to make money through the use of AI technology is with algorithmic trading. This is a huge market driven by AI technology that is expected to be worth $19 billion by 2024. As AI technology has improved, algorithmic trading has become more effective and given traders the opportunity to realize higher ROIs.

Technology 94

Technology Cost-Benefit ROI Strategy 94

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

Smarten

DECEMBER 20, 2022

Technology research firm, Gartner, states that, ‘80% of organizations seeking to scale digital business will fail because they do not take a modern approach to data and analytics governance.’ Every business user is also a consumer of technology and every business user expects easy access to information on mobile devices.

ROI 52

ROI Cost-Benefit Data-driven Business Intelligence 52

John Wheeler

OCTOBER 21, 2019

Over the past month, I’ve been speaking to various groups to help them prepare for the onslaught of digital risks in their organizations. A common theme is the need for greater risk quantification beyond the realm of traditional, qualitative governance, risk and compliance (GRC) approaches.

Risk 53

Risk Risk Management Digital Transformation Insurance 53

CIO Business Intelligence

DECEMBER 4, 2023

Companies typically change Java providers to reduce their total cost of ownership, but they often realize unanticipated benefits including enhanced security readiness, improved performance, and often cloud cost optimization. Are your JVM/JDK binaries Technology Compatibility Kit (TCK) tested? Application Management

ROI 52

ROI Cost-Benefit Testing Risk 52

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 116

Strategy Management Key Performance Indicator ROI 116

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 75

Digital Transformation Insurance Optimization ROI 75

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 126

ROI Cost-Benefit KPI Uncertainty 126

CIO Business Intelligence

APRIL 29, 2024

However, to truly take advantage of modern Java, apps built for the ecosystem must be constantly maintained to maximize performance and minimize exposure to risks and security vulnerabilities. The reality is that there is no better ROI than being on the latest version of any given software. Is the juice really worth the squeeze?

Cost-Benefit 122

Cost-Benefit Software ROI Enterprise 122

CIO Business Intelligence

MAY 11, 2022

Customer experience (CX) should play the starring role in decision-making and should be woven into technology initiatives. To optimize technology for CX, CIOs must connect technology to customer value, thinking in terms of customer experience rather than customer process. Implement change enablement.

Digital Transformation 105

Digital Transformation ROI Risk Optimization 105

CIO Business Intelligence

JULY 17, 2023

Professional investors factor in certain financial targets and risk tolerance as they pursue maximum ROI. Just as investors play financial markets, IT leaders navigate technology trends. Like investors, they seek optimal outcomes while minimizing risks. Cloud rebalancing or optimization?

Cost-Benefit 97

Cost-Benefit Optimization ROI Strategy 97

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 94

Management Cost-Benefit Optimization ROI 94

datapine

MARCH 15, 2019

explore data intelligence technologies, glance at information intelligence, and consider how these activities offer continued value in a real-life business context. A recent study suggests that the use of predictive analytics in business can result in an ROI of up to 25%. In this post, we ask “what is data intelligence?”,

Technology 143

Technology Cost-Benefit KPI Dashboards 143

Smart Data Collective

DECEMBER 16, 2019

We live in a digital era where every business aspect revolves around technology, making IT systems the core of modern-day operations. This is no longer a reserve for companies that specialize in technology-based solutions but a need that cuts across the board. Faster and more flexible decision making.

Optimization 54

Optimization Enterprise Internet of Things Cost-Benefit 54

CIO Business Intelligence

DECEMBER 29, 2023

With the merging of operational efficiency and embracing new technologies, today’s CIOs are under increasing pressure to do more with less and become both technologists and business leaders, says Sunny Azadeh, CIO at digital services company GlobalLogic. “In

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

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 138

IT Cost-Benefit Digital Transformation ROI 138

CIO Business Intelligence

FEBRUARY 22, 2024

Since its creation over five years ago, the Digital Hub has included a team of experts in innovation, technologies, and trends — such as IoT, big data, AI, drones, 3D printing, or advances in customer experience — who work in concert with other business units to identify and execute new opportunities.

IT 105

IT Digital Transformation IoT Cost-Benefit 105

CIO Business Intelligence

MARCH 3, 2024

Its conclusions were less than optimal. Robust printer security is not rocket science; it is largely a matter of recognising that the security measures (technologies, policies, etc) routinely applied to computing systems and other infrastructure should be applied to printers. Using zero trust.

IT 111

IT Measurement Risk Testing 111

IBM Big Data Hub

NOVEMBER 6, 2023

By adopting these 4 best practices to invest in the right technology and leverage the most recent advances in generative AI , enterprises can unlock unique services for SMB customers. With 89% of digital businesses investing in personalization to enhance the customer digital experience , those that fail to do so risk falling behind.

Cost-Benefit 111

Cost-Benefit Enterprise ROI Data Warehouse 111

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.

Data Analytics 132

Data Analytics Analytics Advertising Big Data 132

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 105

Cost-Benefit Business Objectives ROI Risk 105

Smart Data Collective

JULY 7, 2022

We have previously talked about the reasons that data analytics technology is changing the financial industry. They point out that value investors are using machine learning technology to anticipate future stock prices. Technical analysts can also benefit from investing in data analytics technology. Optimize Your Investments.

Marketing 142

Marketing Data Analytics Analytics ROI 142

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 96

Cost-Benefit Modeling Manufacturing Interactive 96

CIO Business Intelligence

MAY 5, 2022

App modernization platform provider vFunction has released a new tool dubbed vFunction Assessment Hub, to help CIOs and other IT decision makers understand the complexity and risk of their existing legacy applications before deciding to modernize them — a process that typically involves taking on technical debt.

ROI 98

ROI Risk Optimization Enterprise 98

CIO Business Intelligence

MAY 9, 2023

Behind these new experiences is not one but several technologies. Many of those metaverse-enabling technologies, like 5G, blockchain, and AI, have been maturing over time, and things that were once technically feasible but not practical have become more commercially available, more affordable, and more consumable, like ChatGPT.

Digital Transformation 105

Digital Transformation ROI Business Objectives Manufacturing 105

datapine

SEPTEMBER 29, 2022

And indeed, low-quality data is the leading cause of failure for advanced data and technology initiatives, to the tune of $9.7 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.

Data Quality 241

Data Quality Metrics Data-driven Management 241

IBM Big Data Hub

OCTOBER 25, 2023

Here’s how CTOs and CIOs can evaluate their technology and data estates, assess the opportunity and chart a path forward. First, technology leaders need to estimate the full financial impact of modernization (versus the cost of not modernizing) across the organization. Start small, test and scale.

Cost-Benefit 90

Cost-Benefit ROI Modeling Testing 90

CIO Business Intelligence

FEBRUARY 7, 2024

But APIs do more than support next-generation technologies — they already serve a foundational purpose within most enterprises. With more APIs, additional effort is required to maintain design consistency and reduce scalability and end-user experience concerns — not to mention the added security risks stemming from a widened surface area. “It

Business Objectives 124

Business Objectives Cost-Benefit Strategy Data-driven 124

CIO Business Intelligence

JUNE 21, 2023

Not since the iPhone have we witnessed a technology change the course of human behavior and the imagination of people everywhere practically overnight. If work and technology are to serve the purpose of making businesses better in this digital renaissance, the question is, better for who? And what does better look like?

Modeling 105

Modeling Cost-Benefit Digital Transformation ROI 105

Octopai

FEBRUARY 26, 2024

Revolutionizing Data Management: Octopai’s Role in Data Cleansing and Business Efficiency In the digital age, where data is ubiquitously hailed as the new oil, its management goes beyond mere cleanliness to encompass strategic asset optimization.

Metadata 52

Metadata ROI Optimization Data-driven 52

CIO Business Intelligence

MAY 11, 2022

Technology touches all stakeholders. Asking the right questions to understand the business’ strategy and implementing architecture that supports the technology of the future is fundamental. Testing and validation that back up technology assertions depended upon by stakeholders are elemental. Obtain buy-in from business leaders.

Management 98

Management Testing Insurance Finance 98

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

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

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. While the promise of AI isn’t guaranteed and may not come easy, adoption is no longer a choice. It is an imperative.

Metadata 77

Metadata Risk Experimentation Dashboards 77

CIO Business Intelligence

JUNE 28, 2023

These circumstances have induced uncertainty across our entire business value chain,” says Venkat Gopalan, chief digital, data and technology officer, Belcorp. “As Finally, our goal is to diminish consumer risk evaluation periods by 80% without compromising the safety of our products.”

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

CIO Business Intelligence

MAY 2, 2023

Generative artificial intelligence (GenAI) tools such as Azure OpenAI have been drawing attention in recent months, and there is widespread consensus that these technologies can significantly transform the retail industry. Phadke : We understand this is a new technology; retailers are likely to be cautious.

Cost-Benefit 98

Cost-Benefit Sales Visualization ROI 98