CIO Business Intelligence

JUNE 2, 2022

Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. Interest in microservices remains relatively low compared to AI and analytics, however. 5G aids customer service.

Predictive Analytics 145

Predictive Analytics Technology Analytics Machine Learning 145

Smart Data Collective

MARCH 1, 2022

We previously mentioned the benefits of using data analytics to make the most of social media marketing. Twitter’s Hottest AI-Driven Bots and Tools for 2022. However, for long-term implementation, it’s extremely cost-effective. This one’s all about analytics. However, AI is arguably even more important. SidesMedia.

Marketing 122

Marketing Data-driven Cost-Benefit ROI 122

AWS Big Data

MARCH 12, 2024

Our commitment to efficiency is unwavering, and we’ve undertaken an exciting initiative to optimize our batch processing jobs. By early 2022, we successfully migrated our big data workloads to EMR on EC2. For example, Adaptive Query Execution in Spark 3 brings significant performance and cost improvements.

Cost-Benefit 94

Cost-Benefit Optimization Big Data Metrics 94

Smart Data Collective

JUNE 16, 2022

Analytics is becoming more important than ever in the world of business. Over 70% of global businesses use some form of analytics. For both reasons, the role of CIOs has to embrace automation and analytical thinking in strategizing the organization’s initiatives. They are using analytics to help drive business growth.

Business Analytics 122

Business Analytics Analytics Forecasting Business Analysis 122

CIO Business Intelligence

JANUARY 10, 2024

Migrating infrastructure and applications to the cloud is never straightforward, and managing ongoing costs can be equally complicated. Plus, you need to balance the FinOps team’s need for autonomy against the CIO’s need for centralized control to gain economies of scale and avoid runaway costs. Then there’s housekeeping.

Cost-Benefit 123

Cost-Benefit Measurement Optimization Metrics 123

IBM Big Data Hub

SEPTEMBER 12, 2023

The UK government’s Ecosystem of Trust is a potential future border model for frictionless trade, which the UK government committed to pilot testing from October 2022 to March 2023. The models also reduce private sector customs data collection costs by 40%.

Testing 88

Testing Modeling Cost-Benefit Consulting 88

IBM Big Data Hub

APRIL 22, 2024

“But it’s important to reap these benefits while minimizing the environmental impact. According to the European Union’s 2023 Energy Efficiency Directive , Europe’s data center electricity consumption is expected to grow 28% from 2018 to 2030, exemplifying the environmental costs of AI usage.

Cost-Benefit 92

Cost-Benefit Modeling Manufacturing Reporting 92

CIO Business Intelligence

OCTOBER 23, 2023

Equinix and Dell Technologies have a longstanding partnership built around solving the real challenges modern companies face—from infrastructure performance to costs, security, and speed of deployment. Our joint solutions are designed to optimize your digital transformation journey and drive sustainable outcomes.

Digital Transformation 125

Digital Transformation Cost-Benefit Optimization Metrics 125

AWS Big Data

NOVEMBER 27, 2023

Today, we’re excited to bring the benefits of Graviton3 to Kafka workloads, with Amazon MSK now offering M7g instances for new MSK provisioned clusters. These performance improvements, along with M7g’s lower prices provide up to 24% in compute cost savings over M5 instances. Gbps up to 10 Gbps M7g.xlarge 4 16 GiB up to 12.5

Cost-Benefit 99

Cost-Benefit Optimization Testing Management 99

IBM Big Data Hub

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms.

Cost-Benefit 81

Cost-Benefit Scorecard Risk Recreation/Entertainment 81

Smart Data Collective

DECEMBER 13, 2021

More companies are using sophisticated data analytics and AI tools to overhaul their business models. This figure will continue to grow as more online retailers discover the benefits of using big data for various purposes, such as marketing. You simply can’t afford to ignore the benefits of using big data in this business.

Data-driven 135

Data-driven Marketing Strategy Big Data 135

Jet Global

DECEMBER 3, 2021

As the cost benefit ratio of BI has become more and more attractive, the pace of global business has also accelerated. Let’s look at some of the ways that BI will drive value in 2022, making it a compelling proposition for CFOs and other key members of the finance team, as well as the rest of the C-suite.

Business Intelligence 52

Business Intelligence Sales OLAP Data Warehouse 52

CIO Business Intelligence

SEPTEMBER 7, 2023

Nearly 95% of organizations say hybrid work has led them to invest more in data protection and security, according to NTT’s 2022–23 Global Network Report. You need comprehensive monitoring, analytics and reporting, often delivered through artificial intelligence for IT operations (AIOps) to gain insights into network and security performance.

IT 110

IT Data Lake Cost-Benefit Digital Transformation 110

AWS Big Data

MAY 17, 2023

Credit: Phil Goldstein Jerry Wang, Peloton’s Director of Data Engineering (left), and Evy Kho, Peloton’s Manager of Subscription Analytics, discuss how the company has benefited from using Amazon Redshift. million at the end of 2022. Meanwhile, the company’s subscribers jumped from around 360,000 in 2019 to 2.76

Data Warehouse 113

Data Warehouse Cost-Benefit Sales Data-driven 113

CIO Business Intelligence

OCTOBER 23, 2023

In today’s uncertain economic landscape, it is no surprise that organizations are driven to optimize business costs. While it’s important to be prepared for any potential challenges that may arise, it is equally important to avoid overprovisioning to optimize your business resources and achieve your sustainability goals.

Cost-Benefit 101

Cost-Benefit Uncertainty Digital Transformation Optimization 101

CIO Business Intelligence

OCTOBER 21, 2022

The contact center software market is expected to grow at a 21% compound annual growth rate ( CAGR ) from 2022 to 2030. But, with all this growth comes new potential costs. Amid a fast-changing landscape, contact center executives have a critical task: Keep pace and grow while also reducing costs and driving efficiency.

Cost-Benefit 89

Cost-Benefit Testing Metrics Marketing 89

IBM Big Data Hub

MAY 26, 2023

Cloud computing offers the potential to redefine and personalize customer relationships, transform and optimize operations, improve governance and transparency, and expand business agility and capability. Of these breaches, 45% were cloud-based, costing USD 10.10M on an average, per breach.

Consulting 77

Consulting Cost-Benefit Optimization Machine Learning 77

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. Obtaining more insight into hidden costs (e.g., IT Leadership

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

Cloudera

JANUARY 5, 2023

In the past year, businesses who doubled down on digital transformation during the pandemic saw their efforts coming to fruition in the form of cost savings and more streamlined data management. For example, Singapore’s United Overseas Bank (UOB) used machine learning to operationalize analytics and provide insights to users across the bank.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

Smart Data Collective

JANUARY 30, 2023

In 2022, one of the biggest breakthroughs ever was the emergence of AI art. However, there are other benefits of AI in marketing that get less publicity. As AI continues to change the marketing landscape , marketers will keep looking for new ways to automate various processes, reduce the scope of human error and lower costs.

Advertising 97

Advertising Cost-Benefit Marketing Strategy 97

IBM Big Data Hub

MAY 16, 2023

According to an Everest Group® study , offshore MMS centers increased over 50% from 2019 to 2022. Managed marketing services are the outsourcing of marketing business processes, such as campaign planning and execution, content management and enhancement, marketing analytics and other marketing support (SEO, social listening and loyalty).

Marketing 72

Marketing Management Optimization Cost-Benefit 72

CIO Business Intelligence

FEBRUARY 13, 2023

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). Cold: On-prem infrastructure As they did in 2022, many IT leaders are reducing investments in data centers and on-prem technologies. “We

IT 145

IT Insurance Machine Learning Marketing 145

CIO Business Intelligence

DECEMBER 8, 2022

The negative impact of legacy networks can be substantial: increased operational costs, restricted potential for digital transformation and difficulty responding to the demands of the business. You can actually achieve the same benefit with ZTNA features that are readily available.” Networking.

Cost-Benefit 126

Cost-Benefit Digital Transformation Strategy Risk 126

CIO Business Intelligence

MARCH 13, 2024

So it’s no surprise that companies continue to heavily invest in it since the release of Dall-E 2 and ChatGPT in late 2022, where they expect to see the greatest value in increased productivity, with some estimates showing improvements of 5% or more over the next 12 months, and headcounts to reduce by at least 5% as well. for every $1 spent.

IT 128

IT Consulting Testing Cost-Benefit 128

CIO Business Intelligence

OCTOBER 1, 2022

In summer 2022, P&G sealed a multiyear partnership with Microsoft to transform P&G’s digital manufacturing platform. Cretella says P&G will make manufacturing smarter by enabling scalable predictive quality, predictive maintenance, controlled release, touchless operations, and manufacturing sustainability optimization.

Manufacturing 145

Manufacturing Digital Transformation IoT Internet of Things 145

CIO Business Intelligence

JANUARY 11, 2023

As the economic pendulum shifts to cost control, CIOs will have to find ways to continue achieving the same results but with less margin for error,” he notes. CIOs will be looking to rationalize their technology estate to reduce unnecessary cost and maintenance, and to minimize their security attack surface and privacy exposure.”

Digital Transformation 145

Digital Transformation Cost-Benefit Consulting Enterprise 145

CIO Business Intelligence

JANUARY 20, 2023

In 2022, the percentage of remote workdays in the US soared above the pre-pandemic levels of 5 percent to reach 30 percent. [1] In 2022, the percentage of remote workdays in the US soared above the pre-pandemic levels of 5 percent to reach 30 percent. [1] Additionally, VDI can reduce operational costs in two ways.

Technology 59

Technology Cost-Benefit Deep Learning Modeling 59

CIO Business Intelligence

SEPTEMBER 8, 2023

Operating rooms are a significant source of revenue for healthcare organizations — and a main contributor to costs. As such, any cost savings in operating rooms can have broad financial impact on a healthcare facility’s bottom line.

Cost-Benefit 103

Cost-Benefit Machine Learning Metrics Marketing 103

CIO Business Intelligence

APRIL 19, 2022

Meanwhile, the “ 2022 State of Enterprise Tech Employment ” report from Motion Recruitment found that 42% of the total workforce are 1099 workers, independent contractors, or freelancers and that 90% of companies are moving to a blend of full-time and freelance employees. The university extends employee benefits to contract workers.

IT 98

IT Cost-Benefit Strategy Consulting 98

CIO Business Intelligence

JUNE 21, 2023

In 2022, companies were still reeling from the rapid digital transformation efforts to survive the pandemic. The study’s data shows that as automation eliminates repetitive tasks, the pendulum will swing toward the distinctly human skills of communication, creativity, and analytical thinking.

Modeling 105

Modeling Cost-Benefit ROI Digital Transformation 105

Cloudera

OCTOBER 6, 2022

Gartner : “Digital transformation can refer to anything from IT modernization (for example, cloud computing), to digital optimization, to the invention of new digital business models.”. A major goal of these projects is cost reduction; it’s not sexy, it’s pragmatic. Cost savings opportunities. Strategies to maximize impact.

Digital Transformation 84

Digital Transformation Cost-Benefit Data Lake Machine Learning 84

Smart Data Collective

APRIL 25, 2022

Digital adoption has been defined as the reinvention of a company through the optimization of legacy systems and utilization of new technologies. trillion in 2022 and $2.8 However, this transition isn’t easy and wouldn’t be possible without major advances in big data technology. What is a digital adoption platform?

Big Data 110

Big Data Cost-Benefit Digital Transformation Technology 110

IBM Big Data Hub

JULY 19, 2023

The exponential leap in generative AI is already transforming many industries: optimizing workflows , helping human teams focus on value added tasks and accelerating time to market. Supply Chain: Demand forecasting, supply chain optimization, risk assessment and mitigation.

Consulting 62

Consulting Machine Learning Manufacturing Optimization 62

CIO Business Intelligence

SEPTEMBER 8, 2022

In Foundry’s 2022 Data & Analytics Study , 88% of IT decision-makers agree that data collection and analysis have the potential to fundamentally change their business models over the next three years. Businesses are facing a rapidly evolving set of threats from supply chain constraints, rising fuel costs, and shipping delays.

Cost-Benefit 120

Cost-Benefit Internet of Things Data-driven Data Lake 120

IBM Big Data Hub

JUNE 2, 2023

Our approach focuses on business data domain-centric initiatives that can deliver value in the short term and create a development ecosystem conducive to incremental optimization—instead of a risky big-bang application and infrastructure update. In 2022, IBM Consulting leveraged AIMM and worked with another major U.S.

Consulting 84

Consulting Cost-Benefit Technology ROI 84

IBM Big Data Hub

OCTOBER 13, 2023

In IDC’s 2022 Global Supply Chain Survey , they identified that “lack of visibility and resiliency to see necessary changes in time to react effectively” was the most problematic and unaddressed deficiency in modern supply chain management and inventory optimization.

Marketing 70

Marketing Cost-Benefit Optimization Digital Transformation 70

CIO Business Intelligence

JULY 10, 2023

His role now encompasses responsibility for data engineering, analytics development, and the vehicle inventory and statistics & pricing teams. If you ask it, ‘How does the Toyota Camry 2022 drive?’ That change has not only helped bring costs down, Rokita says it’s also made things easier to manage operationally.

Data Warehouse 97

Data Warehouse Cost-Benefit Unstructured Data Machine Learning 97