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

IBM Big Data Hub

MAY 26, 2023

Leading life sciences companies are discovering the power of cloud in enabling analytics and artificial intelligence (AI) , shrinking innovation cycles, and standardizing processes across global operations, among other benefits. Of these breaches, 45% were cloud-based, costing USD 10.10M on an average, per breach.

Consulting 80

Consulting Cost-Benefit Optimization Machine Learning 80

CIO Business Intelligence

JANUARY 11, 2023

The company’s overall strategy is to “have a customer experience that’s second-to-none — from the moment they first engage with the company to plan their experience, to when they return home at the end of their travels — regardless of what Journey Beyond adventure you are booking.” The high call volumes meant huge costs for us.

IT 119

IT Cost-Benefit Consulting Data Processing 119

CIO Business Intelligence

DECEMBER 6, 2022

When businesses migrate to public cloud, they expect to enjoy greater agility, resiliency, scalability, security, and cost-efficiency. When a cloud strategy team has those chief objectives nailed down, they can plan supporting considerations – such as security, resiliency and scalability – around them more effectively.”

Cost-Benefit 52

Cost-Benefit Business Objectives Business Driver Data Processing 52

IBM Big Data Hub

JULY 12, 2023

As a leading financial group in Spain, CaixaBank has long been an innovator by taking a technology-first approach by placing innovation, digital transformation, customer experience and sustainable banking at the forefront of its strategy. When it comes to infrastructure, we know any system downtime has real-world consequences and costs.

Digital Transformation 52

Digital Transformation Finance Cost-Benefit Data Processing 52

BizAcuity

MAY 24, 2022

They drive business growth in 2022 thanks to its heightened capabilities. Benefits of Cloud Adoption. Quick recap from the previous blog- The cloud is better than on-premises solutions for the following reasons: Cost cutting: Renting and sharing resources instead of building on your own. Starting with cloud adoption.

Data-driven 52

Data-driven Cost-Benefit Digital Transformation Strategy 52

CIO Business Intelligence

NOVEMBER 17, 2022

Multicloud adoption Migration to a multicloud architecture is becoming a critical strategy for many organisations. Deciding what to host where, while managing costs and supporting network agility, is now part and parcel of the deployment of applications and services, both on- and off-premises.

Internet of Things 59

Internet of Things Data-driven Cost-Benefit Digital Transformation 59

CIO Business Intelligence

JANUARY 4, 2023

Cloud, sustainability, scale, and exponential data growth—these major factors that set the tone for high performance computing (HPC) in 2022 will also be key in driving innovation for 2023. As a community, we keep sharing information and we stay on top of developments to realize the maximum benefits of HPC.

Cost-Benefit 59

Cost-Benefit Machine Learning Modeling Uncertainty 59

CIO Business Intelligence

MAY 16, 2022

Queue management also benefits from computer vision, where potential queue or wait times at concession stands are alleviated through fan notifications and dynamic staffing. Smart building controls with computer vision can make these environments more sustainable while helping to reduce energy usage and costs.

Recreation/Entertainment 104

Recreation/Entertainment Broadcasting Cost-Benefit Advertising 104

CIO Business Intelligence

JANUARY 23, 2023

Microsoft stands to benefit from its investment in three ways. As OpenAI’s exclusive cloud provider it will see additional revenue for its Azure services, as one of OpenAI’s biggest costs is providing the computing capacity to train and run its AI models. That app, Microsoft Designer , is currently in closed beta test.

Enterprise 131

Enterprise Deep Learning Recreation/Entertainment Interactive 131

datapine

MAY 31, 2022

3) Cloud Computing Benefits. It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

Andrew White

JANUARY 9, 2022

On Thursday January 6th I hosted Gartner’s 2022 Leadership Vision for Data and Analytics webinar. Which trends do you see for 2022 in AI & ML technology and tools and tool capabilities? We will publish a new Top Trends for D&A for 2022 in a couple of months. The last item should be updated in 2022.

Analytics 64

Analytics Measurement Modeling Data-driven 64

IBM Big Data Hub

DECEMBER 1, 2023

According to the IBM Transformation Index: State of Cloud , a 2022 survey commissioned by IBM and conducted by an independent research firm, more than 77% of business and IT professionals say they have adopted a hybrid cloud approach. Public cloud is a form of cloud computing where a third-party cloud service provider (CSP)—e.g.,

Cost-Benefit 89

Cost-Benefit Data Processing Digital Transformation Testing 89

AWS Big Data

MARCH 26, 2024

In 2022, AWS commissioned a study conducted by the American Productivity and Quality Center (APQC) to quantify the Business Value of Customer 360. In this post, we discuss how you can use purpose-built AWS services to create an end-to-end data strategy for C360 to unify and govern customer data that address these challenges.

Data Strategy 67

Data Strategy Strategy Data Warehouse Prescriptive Analytics 67

CIO Business Intelligence

JUNE 6, 2023

Despite a volatile economy, corporate venture capital investments in startups fell by only 2% to $192 billion in 2022 , compared to a 25% drop in overall venture capital. In addition, the percentage of corporate-backed deals in early seed rounds increased from 10% in 2021 to 18% in 2022. But CIOs should remain strategic.

Key Performance Indicator 105

Key Performance Indicator Cost-Benefit Enterprise Experimentation 105

CIO Business Intelligence

MAY 23, 2023

A 2022 survey of innovation and business strategy conducted by the International Monetary Fund found that 40% of innovation-oriented companies (SMBs to large enterprises) reduce costs as a result of new product innovations which, on average, account for 20% of all sales. Why hybrid cloud now? With the promise of 2.5

Enterprise 98

Enterprise Cost-Benefit Interactive Data Processing 98

datapine

DECEMBER 11, 2019

billion by 2022—a level of growth that will shape SaaS trends in 2020. SaaS is a software distribution model that offers a lot of agility and cost-effectiveness for companies, which is why it’s such a reliable option for numerous business models and industries. SaaS is taking over the cloud computing market. 6) Micro-SaaS.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

CIO Business Intelligence

JANUARY 30, 2024

Birgit Fridrich, who joined Allianz as sustainability manager responsible for ESG reporting in late 2022, spends many hours validating data in the company’s Microsoft Sustainability Manager tool. Creating this partnership has the benefit of bringing a cohesive view forward with the right goals.”

Reporting 115

Reporting Data Quality Strategy Data-driven 115

Smart Data Collective

MAY 30, 2022

The benefits of analytics to understand the customer journey cannot be overstated. Contact centers were previously constructed on software platforms hosted and maintained on-premises. These systems necessitated significant human capital investment as well as ongoing maintenance costs. billion by 2022. CCaaS is among them.

Customer Analytics 108

Customer Analytics Management Analytics Data Processing 108

CIO Business Intelligence

FEBRUARY 27, 2023

Italian insurer Reale Group found itself with four cloud providers running around 15% of its workloads, and no clear strategy to manage them. “It That’s according to a new study of enterprise cloud usage by 451 Research, which also looked at what enterprises are running across multiple public clouds, and how they measure strategy success.

Cost-Benefit 143

Cost-Benefit Insurance Optimization Enterprise 143

IBM Big Data Hub

FEBRUARY 6, 2024

A prime benefit of cloud computing for business is its flexibility for quickly and efficiently scaling resources to meet business demands, freeing organizations from investing time and expense into expanding their own physical IT infrastructure. Automation Automation tools are a significant feature of cloud-based infrastructure.

Cost-Benefit 109

Cost-Benefit Digital Transformation Software Modeling 109

BizAcuity

MAY 10, 2022

The cloud market is well on track to reach the expected $495 billion dollar mark by the end of 2022. Despite cost-cutting being the main reason why most companies shift to the cloud, that is not the only benefit they walk away with. While that allows easy access to users, and saves costs, the cloud is much more and beyond that.

Data-driven 52

Data-driven IoT Unstructured Data Data Lake 52

CIO Business Intelligence

AUGUST 1, 2023

In September 2022, Ofcom announced plans to study cloud service providers’ business methods, particularly as they relate to the provision of infrastructure as a service (which it defines as raw computing, storage, and networking resources) and platform as a service (tools to develop, test, run, and manage applications).

Cost-Benefit 52

Cost-Benefit Marketing Reporting Enterprise 52

IBM Big Data Hub

AUGUST 23, 2023

The average cost of a data breach is USD 4.35 With these increases in the frequency and costs data breaches, an enterprise’s data protection and privacy in the cloud is more important than ever. Encryption is named the largest cost mitigation, and as such, mandated by many regulators.

Cost-Benefit 57

Cost-Benefit Risk Data-driven Enterprise 57

AWS Big Data

JUNE 21, 2023

For a concrete example, our Improve search relevance with ML in Amazon OpenSearch Service workshop explores the difference between keyword and semantic search, based on a Bidirectional Encoder Representations from Transformers (BERT) model, hosted by Amazon SageMaker to generate vectors and store them in OpenSearch.

Metrics 75

Metrics Measurement Modeling Dashboards 75