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., Transitioning to Business Value . IT Leadership

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

Smart Data Collective

JANUARY 27, 2022

They have heard that big data can be useful, so they invest in it without much consideration for their ROI. This blog post will explore 5 ways to make the most of your IT budget while creating a data strategy in 2022. #1 Not only will this improve productivity, but it can also lead to cost savings down the road.

Optimization 107

Optimization IT Big Data Cost-Benefit 107

Smart Data Collective

DECEMBER 13, 2021

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. Here are five marketing strategies you need to use to grow your e-commerce store in 2022.

Data-driven 136

Data-driven Marketing Strategy Big Data 136

CIO Business Intelligence

JUNE 21, 2023

In 2022, companies were still reeling from the rapid digital transformation efforts to survive the pandemic. A common but critical challenge I hear from CIOs, CTOs, and CDOs every day is that they have a difficult time helping the C-suite understand that IT is the very architecture for the future of business, not a cost center.

Modeling 105

Modeling Cost-Benefit Digital Transformation ROI 105

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

FEBRUARY 7, 2023

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.

Uncertainty 116

Uncertainty Cost-Benefit Sales Reporting 116

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 99

Advertising Cost-Benefit Marketing Strategy 99

Smart Data Collective

DECEMBER 17, 2021

There are many benefits of digitizing your data to get the most out of your BI strategy. What is the ROI of BI Solutions in 2022? According to the analysis conducted by Gartner , the ROI of BI Solutions can be difficult to measure. It is widely accepted that BI can be used to gain a competitive advantage.

Business Intelligence 96

Business Intelligence Cost-Benefit Dashboards Interactive 96

Smart Data Collective

JUNE 16, 2022

Until now, they were proactively involved to maximize IT efficiencies and accelerate cost savings in general. While we are at it, Gartner’s 2022 report on business composability further pushes the need for analytics. CIOs, in collaboration with such groups, can categorize their practice building into 3 focus areas: .

Business Analytics 124

Business Analytics Analytics Forecasting Business Analysis 124

CIO Business Intelligence

NOVEMBER 7, 2022

Panorama Consulting Solutions, which regularly surveys businesses on the outcomes of their ERP projects, shows in its 2022 report that 81% of projects met ROI expectations a year or more after go-live. And we think that’ll take a couple of quarters to resolve,” chairman, president, and CEO Matt Monaghan told investors in August 2022.

Manufacturing 128

Manufacturing Cost-Benefit Sales Consulting 128

IBM Big Data Hub

JUNE 2, 2023

At re:Invent 2022, IBM Consulting was awarded the Global Innovation Partner of the Year and the GSI Partner of the Year for Latin America, cementing client and AWS trust in IBM Consulting as a trusted partner of choice, when it comes to AWS. In 2022, IBM Consulting leveraged AIMM and worked with another major U.S.

Consulting 87

Consulting Cost-Benefit Technology ROI 87

CIO Business Intelligence

FEBRUARY 22, 2023

Throughout 2022, several large enterprises, including NAB, doubled-down on their cloud migration plans, while the vast majority of the CIO50 listed this among their top priorities. Do you feel that the pressure to migrate to the cloud and take advantage of the usability and cost benefits, is exposing you to cyber security risks?

Risk 105

Risk Cost-Benefit ROI Strategy 105

IBM Big Data Hub

DECEMBER 15, 2022

Virtual assistants are valuable, transformative business tools that offer a compelling ROI while improving the customer experience. By 2030, conversational AI chatbots and virtual assistants will handle 30% of interactions that would have otherwise been handled by a human agent—up from 2% in 2022. [i]

Visualization 70

Visualization Cost-Benefit ROI Interactive 70

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

FEBRUARY 21, 2023

Understand that we might have to throw it away quickly, and that’s not a sunk cost,” Piddington says, adding that as a result CIOs need to get okay with more churn in the tech stack and truly embrace technology strategies centered around smaller investments and iterative builds rather than the big projects of yesteryear.

Digital Transformation 145

Digital Transformation Marketing Technology Software 145

Jedox

APRIL 23, 2020

The key benefits of SPM automation are: Savings of 3% to 5% in sales compensation expenses & over payments. Reduced operational costs in administering various SPM functions. Reduced operational costs in administering various SPM functions. Data-driven analytics to speed up decisions and actions. Fixed Data Model.

Sales 52

Sales Management B2B Dashboards 52

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

CIO Business Intelligence

MARCH 10, 2023

The result is a more efficient, cost-effective, and productive cyber workforce. The benefits of automation Automation can do many things, from detecting potential threats to containing and resolving threats. Learn more about the benefits of consolidation. Cost of a Data Breach 2022 Report, IBM Security, July 2022.

Digital Transformation 142

Digital Transformation Cost-Benefit ROI Risk 142

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

CIO Business Intelligence

APRIL 22, 2024

As such, Scavuzzo and his team look for technologies that do way more than boost productivity or cut costs. Moreover, Scavuzzo saw an additional business benefit to such an approach, thanks to scale: Using anonymized data, Marcum could analyze and compare client performance and thereby provide better consulting advice to them.

IT 121

IT Data-driven Strategy Consulting 121

Domino Data Lab

JANUARY 6, 2019

more depth in the case studies), plus different styles of instruction (“ROI” gets discussed, a lot) are needed. The numbers are … “compelling” (some might say “encouraging,” others might say “terrifying,” YMMV): “A reskilling imperative: By 2022, no less than 54% of all employees will require significant re- and upskilling.

Data Science 56

Data Science Machine Learning Reporting Visualization 56

CIO Business Intelligence

OCTOBER 12, 2022

The benefits of adopting Apple devices extend well beyond just ensuring employees’ satisfaction: With an increase in cyberattacks against corporate networks, understanding Apple platform security is key. Cost: Mac ownership also costs less than PC ownership in the long run, since Mac users are less likely to need computer support.

Cost-Benefit 98

Cost-Benefit Digital Transformation ROI Enterprise 98

IBM Big Data Hub

JULY 6, 2023

To do this requires improving user support tools that can help business leaders with the increasingly complex decisions needed to optimize across cost, service level, working capital and sustainability. Generative AI is a catalyst for transforming business, and the technology is capturing the attention of business leaders around the world.

Cost-Benefit 56

Cost-Benefit Business Driver Consulting ROI 56

DataRobot Blog

MARCH 23, 2023

Difficulties faced when moving models into production include cost and a lack of automation – cited by over 55% of respondents to a recent IDC study. Through adopting MLOps practices and tools, organizations can drastically change how they approach the entire ML lifecycle and deliver tangible benefits.

Machine Learning 52

Machine Learning Cost-Benefit Modeling Testing 52

CIO Business Intelligence

MARCH 1, 2024

Cost-cutting remains a major driver, but companies also like the potential to build more resilient and agile organizations. There are plenty of benefits, ranging from the ability to tap specialized talent, to minimizing fixed expenses, to responding more quickly to shifts in the market. billion by 2030.

Enterprise 102

Enterprise IT Cost-Benefit Risk 102

CIO Business Intelligence

OCTOBER 14, 2022

The benefits of adopting Apple devices extend well beyond just ensuring employees’ satisfaction: With an increase in cyberattacks against corporate networks, understanding Apple platform security is key. Cost: Mac ownership also costs less than PC ownership in the long run, since Mac users are less likely to need computer support.

Cost-Benefit 52

Cost-Benefit Digital Transformation ROI Enterprise 52

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. By the year 2022, experts project that around 72.6%

Software 314

Software Cost-Benefit Data Processing Data-driven 314

CIO Business Intelligence

MAY 2, 2022

Improvements over the years added data protection and services such as deduplication and compression to the trailblazing platform, resulting in lower operating costs and even easier management. Today, HCI has evolved into a cost-effective, agile approach to infrastructure that fits a much broader spectrum of workloads.

Cost-Benefit 97

Cost-Benefit Software Digital Transformation ROI 97

CIO Business Intelligence

SEPTEMBER 25, 2023

“Imagine you use a seamless, user-friendly app to purchase a new product, but then have a challenging and outdated customer service experience when you need to make a return,” Zaim says, noting that for the company “this sort of incremental approach yields incremental innovation and increases cost with minimal ROI.”

Digital Transformation 145

Digital Transformation Measurement Data-driven Metrics 145

CIO Business Intelligence

APRIL 4, 2023

In one Forrester study and financial analysis, it was found that AI-enabled organizations can gain an ROI of 183% over three years. This architecture is important because, to reap the full benefits of AI, it must be built to scale across an enterprise versus individual AI applications. 1 But this is changing rapidly.

Data Architecture 52

Data Architecture Data Lake Data Warehouse Cost-Benefit 52

IBM Big Data Hub

SEPTEMBER 11, 2023

Forrester’s 2022 Total Economic Impact Report for Data Management highlights the impact Db2 and the IBM data management portfolio is having for customers: Return on investment (ROI) of 241% and payback <6 months. This helps remove unnecessary network and infrastructure latencies and reduce cost and security vulnerabilities.

Machine Learning 90

Machine Learning Cost-Benefit IoT Data Warehouse 90

Smart Data Collective

OCTOBER 13, 2021

Data virtualization is becoming more popular due to its huge benefits. What benefits does it bring to businesses? Physically moving and storing the same data in different repositories multiplies costs and slows down processes when IT changes need to be made. What is the cost and ROI of Data Virtualization?

Visualization 135

Visualization Cost-Benefit Big Data Prescriptive Analytics 135

Smarten

JUNE 12, 2023

If you want your users to adopt an augmented analytics solution to improve your Return on Investment (ROI) and keep your Total Cost of Ownership (TCO) down, you have to give them tools they will WANT to use.

Analytics 52

Analytics ROI Cost-Benefit Machine Learning 52

Smart Data Collective

JANUARY 7, 2022

Many major companies have already moved to the cloud and discovered the benefits of doing so. They might be skeptical of some of the benefits as well. 7 Benefits a cloud-based POS system can give your business in 2022. One of the biggest benefits of cloud technology is that is helps remove workloads from local servers.

Cost-Benefit 106

Cost-Benefit Sales Software Reporting 106