Remove 2022 Remove Cost-Benefit Remove Reporting Remove ROI
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5 ways to maximize your cloud investment

CIO Business Intelligence

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.

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Taking Value Stream Management to the Next Level

CIO Business Intelligence

A recent report found that 99% of organizations believe VSM provides key benefits, including accelerated delivery, improved transparency, reduced silos, and more.[1] For example, one team at a multinational automobile manufacturer has moved its projects into value streams and started to see a number of benefits. Conclusion.

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NaaS and the “Experience Economy”

CIO Business Intelligence

According to a IDC 1 , 71 percent of organizations report their long-term planning cycles have shortened due to COVID-19, with 82 percent of the same participants stating that long-term planning cycles have been reduced to two years or less. . Obtaining more insight into hidden costs (e.g., Transitioning to Business Value .

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Customer service, especially field service, helps companies outperform competitors and drive growth

CIO Business Intelligence

Yet, it’s not uncommon for executives to cut costs in areas that actually improve customer experiences and also double-down on investments that can minimize them. In its State of Service report, Salesforce research learned that case volumes for 54% of service teams rose between 2021 and 2022. The time is now.

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Generative AI won’t automate your way to business model innovation

CIO Business Intelligence

One report estimates that 4,000 positions were eliminated by AI in May alone. In 2022, companies were still reeling from the rapid digital transformation efforts to survive the pandemic. Speak their language: Frame your arguments in terms of business outcomes and financial benefits.

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Huge Benefits of Business Intelligence for Your Company

Smart Data Collective

Business Intelligence is the collection, storage, analysis, and reporting of data to make better business decisions. There are many benefits of digitizing your data to get the most out of your BI strategy. It will also provide insight into the many different types of reports that you can create with analytics software.

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3 areas where gen AI improves productivity — until its limits are exceeded

CIO Business Intelligence

According to a research report IDC released in November, based on a survey of over 2,100 business leaders and decision makers with responsibility for AI transformation, 71% of companies already using AI are seeing returns on their AI investments within 14 months, averaging $3.50 for every $1 spent. for every $1 spent.

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