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Where’s the ROI for AI? CIOs struggle to find it

CIO Business Intelligence

The second-highest barrier to adopting generative AI specifically was the ongoing cost, Ramos notes. As the number of users of generative AI increases, some organizations are surprised by the increasing costs. “We, CNH first unveiled an autonomous tractor concept in 2016.

ROI 138
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Captive centers are back. Is DIY offshoring right for you?

CIO Business Intelligence

You’d be forgiven if you’re wondering whether you’ve stumbled on an article from 2016 , but, in fact, the practice of launching an offshore IT center wholly owned and operated by the enterprise it serves is back in vogue with notable twists. The upside of captives today Some benefits of captive centers are the same as ever.

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Rising Tide Rents and Robber Baron Rents

O'Reilly on Data

But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. Back in 1971, in a talk called “ Designing Organizations for an Information-rich World ,” political scientist Herbert Simon noted that the cost of information is not just money spent to acquire it but the time it takes to consume it. “In

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12 famous ERP disasters, dustups and disappointments

CIO Business Intelligence

The company was forced to develop new processes to keep information flowing around the business, and hire a third-party consultant to sort out the ERP system at a cost of $3.8 Attributing an exact cost to the ERP failure is difficult, as the company faced additional challenges from a poor avocado harvest in Mexico around the same time.

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Telefonica is working to help enterprises decarbonize their operations

CIO Business Intelligence

Since 2016, we have reduced all our emissions by 51%, and in our primary markets, 100% of the electricity we consume comes from renewable sources. They also help us reduce our costs and optimize our processes – a differentiator that helps us compete even more effectively on the global stage. And they help and benefit our customers.”

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Cloud-Based GPS Tracking Revolutionizes Excavation Projects

Smart Data Collective

We previously wrote about the benefits of using GPS data for geolocation optimization to improve automotive design , but the role of GPS data is more significant with managing excavation projects. One of the biggest benefits of cloud technology in this industry pertains to the use of GPS technology.

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How automation enables better data governance

CIO Business Intelligence

Since the introduction of notable data privacy and human rights acts, like GDPR in 2016 and the CCPA in 2018, privacy regulations worldwide have continued to develop aggressively. Constantly flagging and eliminating obsolete, redundant, unused, and ungoverned data reduces compliance risk, enhances efficiencies, and lowers storage costs.