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 126

IT Consulting Testing Cost-Benefit 126

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 77

Cost-Benefit Testing Metrics Marketing 77

IBM Big Data Hub

JANUARY 19, 2024

Last year, companies spent USD 219 billion on cybersecurity and solutions alone, a 12% increase from 2022, according to a recent report by the International Data Corporation (IDC) (link resides outside ibm.com). Reducing costs: According to IBM’s recent Cost of Data Breach Report , the average cost of a data breach in 2023 was USD 4.45

Strategy 96

Strategy Cost-Benefit Testing Risk 96

CIO Business Intelligence

MAY 9, 2023

According to the Rocket Software Survey Report 2022: The State of the Mainframe , four out of five IT professionals see the mainframe as critical to business success. Because of the development of open DevOps/AppDev solutions, businesses can deliver applications to market faster, at lower cost, and with less risk. Modernizing in place.

Cost-Benefit 91

Cost-Benefit Software Digital Transformation Risk 91

Cloudera

MARCH 26, 2024

The release of LLMs surged by 136% in 2023 compared to 2022, and this upward trend is projected to continue in 2024. How much is all this really going to cost? This release will remove the complexity from getting started with AI, delivered as a cost-effective bundle to deliver immediate business value.”

Cost-Benefit 78

Cost-Benefit Machine Learning Enterprise Modeling 78

CIO Business Intelligence

FEBRUARY 14, 2023

Of course, his predecessor knew that too, and so the consolidation of the two SAP systems was under discussion for almost a decade by the time Grayling finally convinced his fellow executives that the cost of consolidation would be less than continuing with separate systems. “It It was easier to do with a strong financial benefit, for sure.”

Data Processing 98

Data Processing Cost-Benefit Testing Modeling 98

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 100

Cost-Benefit Optimization Testing Management 100

CIO Business Intelligence

SEPTEMBER 7, 2023

MarketResearch.biz forecasts generative AI’s growth in defense at 21% CAGR from 2022-2032, creating a market size of $2.91 Currently, many national governments are in an assessment phase, testing generative AI capabilities to uncover its potential, identify its prospective use cases and better understand its risks. billion by 2032.

Unstructured Data 107

Unstructured Data Cost-Benefit Risk Data-driven 107

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. That’s made it hard for the team working on the ERP upgrade to keep up, so early in 2022 Invacare decided to put the project on hold. “We

Manufacturing 128

Manufacturing Cost-Benefit Sales Consulting 128

datapine

MARCH 16, 2023

2) Pros & Cons Of Bar Charts 3) When To Use A Bar Graph 4) Types Of Bar Charts 5) Bar Graphs & Charts Best Practices 6) Bar Chart Examples In today’s fast-paced analytical landscape, data visualization has become one of the most powerful tools organizations can benefit from to be successful with their analytical efforts.

Visualization 196

Visualization KPI Cost-Benefit Dashboards 196

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

FEBRUARY 27, 2023

Forrester’s Infrastructure Cloud Survey 2022 reveals that cloud decision-makers have implemented containerized applications that account for half of the total workloads in their organizations. The growth of Kubernetes, and the benefits it brings to organizations, is not something that is going away.

Cost-Benefit 134

Cost-Benefit Digital Transformation Strategy Software 134

CIO Business Intelligence

JULY 7, 2023

As an IT management framework, ITIL can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. As of 2023, ITIL 4 has been fully rolled out and Axelos announced the discontinuation of ITIL 3 at the start of 2022.

Cost-Benefit 97

Cost-Benefit Strategy Management Uncertainty 97

CIO Business Intelligence

JANUARY 5, 2023

Customers also report they help business users quickly test new services, tweak user interfaces and deliver new functionality. Here are some examples of how IT pros are using low code/no code tools to deliver benefits beyond just reducing the workload on professional developers.

IT 124

IT Cost-Benefit Testing Dashboards 124

AWS Big Data

APRIL 19, 2023

Customers now want to migrate their Apache Hive workloads to Apache Spark in the cloud to get the benefits of optimized runtime, cost reduction through transient clusters, better scalability by decoupling the storage and compute, and flexibility. sample_oozie_job_name/step1/step1.json Add the following steps to EMR cluster.

Metadata 82

Metadata Testing Data Lake Consulting 82

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 77

Consulting Cost-Benefit Optimization Machine Learning 77

CIO Business Intelligence

OCTOBER 12, 2022

Now technology has become such an indispensable tool to drive revenue or remove costs that CIOs are just as likely to be asked to do more in the face of a downturn rather than less. The recent State of the Data Race 2022 report found that 71% of respondents could tie revenue growth directly to real-time data.

Cost-Benefit 80

Cost-Benefit Advertising Uncertainty Strategy 80

CIO Business Intelligence

MAY 24, 2023

Security, strategy and cost were among the top reasons for migrating workloads. And just as campers must pick the best equipment to ensure a successful trip, developers seek the best tools with which to build, test and launch their applications. Isn’t it time to put your stake in the ground-to-cloud strategy?

Strategy 92

Strategy Digital Transformation Cost-Benefit Software 92

CIO Business Intelligence

JANUARY 9, 2024

IT leaders say they’re discussing everything from the costs of AI implementations to whether AI is the existential threat to humanity some fear. ChatGPT caused quite a stir after it launched in late 2022, with people clamoring to put the new tech to the test. Which business cases actually need AI?

IT 125

IT Risk Cost-Benefit Enterprise 125

IBM Big Data Hub

NOVEMBER 30, 2023

IBM’s 2023 Cost of a Data Breach report reveals that the average cost of a data breach in India has increased to an all-time high of INR 179 million in 2023, which is approximately a 28% increase since 2020. eSec Forte’s SOC migrated from an existing platform to IBM Security QRadar in Q1 2022.

Cost-Benefit 70

Cost-Benefit Digital Transformation Data-driven Strategy 70

CIO Business Intelligence

SEPTEMBER 14, 2022

To cater for continued flux, growth, scalability, security, and cost control. The business case should be built on the competitive advantages (or the organization’s mandates), operational efficiency, and both direct and indirect cost savings. Your approach should also include tooling for estimating migration costs.

Digital Transformation 95

Digital Transformation Cost-Benefit Optimization Strategy 95

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 111

Cost-Benefit Internet of Things Data-driven Data Lake 111

CIO Business Intelligence

FEBRUARY 28, 2023

In 2022, with the pandemic subsiding, the National Museum of African American History and Culture at the Smithsonian Institution in Washington, DC, once again served more than 1 million visitors. The project was awarded a 2022 US CIO 100 Award for leadership and innovation. And it’s working.

Metadata 98

Metadata Recreation/Entertainment Cost-Benefit Technology 98

IBM Big Data Hub

AUGUST 11, 2023

These insights can help drive decisions in business, and advance the design and testing of applications. Today, 35% of companies report using AI in their business, which includes ML, and an additional 42% reported they are exploring AI, according to the IBM Global AI Adoption Index 2022.

Data Science 56

Data Science Machine Learning Cost-Benefit Deep Learning 56

Cloudera

AUGUST 8, 2022

In June 2022, Cloudera announced the general availability of Apache Iceberg in the Cloudera Data Platform (CDP). With Iceberg in CDP, you can benefit from the following key features: CDE and CDW support Apache Iceberg: Run queries in CDE and CDW following Spark ETL and Impala business intelligence patterns, respectively. snapshot_id.

Snapshot 87

Snapshot Data Warehouse Machine Learning Cost-Benefit 87

AWS Big Data

MAY 18, 2023

at AWS re:Invent 2022, which includes many upgrades, such as the new optimized Apache Spark 3.3.0 at AWS re:Invent 2022, which includes many upgrades, such as the new optimized Apache Spark 3.3.0 brings performance improvements at lower cost. We observed that our TPC-DS tests on Amazon S3 had a total job runtime on AWS Glue 4.0

Testing 79

Testing Data Lake Cost-Benefit Data Integration 79

CIO Business Intelligence

AUGUST 22, 2023

This allows us to pressure-test our products and services before bringing them to market. They’re turning to ‘as-a-service’ solutions to streamline their tech stack and reap the benefits of this consumption-based model. billion in 2022 to $745 billion, rising at a market growth of 22.9% ( Market and Markets ).

Digital Transformation 95

Digital Transformation Cost-Benefit Marketing Metrics 95

IBM Big Data Hub

JULY 19, 2023

The industry is under tremendous pressure to accelerate drug development at an optimal cost, automate time- and labor-intensive tasks like document or report creation to preserve employee morale, and accelerate delivery. Code creation: Code co-pilot, code conversion, create technical documentation, test cases and more.

Consulting 62

Consulting Machine Learning Manufacturing Optimization 62

IBM Big Data Hub

JULY 27, 2023

Further enhancing the experience of partners, this month we implemented new co-marketing benefits that optimize the funds available at each program tier. Specifically, there is interest in IBM products like Instana , Cloud Pak for Integration and Turbonomic , all of which help enterprises improve their operations and lower costs.

Cost-Benefit 58

Cost-Benefit Enterprise Marketing Technology 58

CIO Business Intelligence

AUGUST 22, 2023

As such, organizations must evolve their digital strategies with market changes, such as the shift to remote work in 2020, the evolution to hyperautomation in 2022, and how generative AI will now require CIOs to overhaul their roadmaps. Product leaders must define a vision statement , research end-user needs, and propose roadmaps.

Digital Transformation 96

Digital Transformation Data-driven Cost-Benefit Strategy 96

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

APRIL 12, 2022

In addition, they faced an onslaught of claims and initial uncertainty about cost and payments for antibody testing, evolving treatments, and, later, vaccines. The new flexibility also helped insurers adjust as employers added wellness coverage, telehealth, and mental health benefits to their plans.

Insurance 52

Insurance Technology Management Cost-Benefit 52

CIO Business Intelligence

AUGUST 17, 2023

The state of play The storied UK IT chief Paul Coby, now CIO of family property developer Persimmon Homes, has seen many trends come and go but he is bullish on generative AI, even though it only made its first appearance in November 2022. “I We’re testing ChatGPT at an individual level,” he says.

Risk 93

Risk Cost-Benefit Strategy Experimentation 93

AWS Big Data

APRIL 25, 2024

To address this challenge, common practices like partitioning and bucketing can significantly improve query performance and reduce computation costs. The queries need to complete in 10 seconds, and the cost needs to be optimized carefully. In this scenario, you’re a data engineer responsible for optimizing query performance and cost.

Optimization 66

Optimization Data Lake Cost-Benefit Reporting 66

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

CIO Business Intelligence

JULY 20, 2022

Her pitch laid the groundwork for a pilot program in which Gusto covered the cost of a seven-month, full-time bootcamp while continuing to pay McGrath a salary and maintain her benefits and vesting. Lain McGrath, benefits engineer, Gusto. There is this notion of gateway roles into technology,” Frank says. Staying the course.

IT 133

IT Software Cost-Benefit Strategy 133

AWS Big Data

MARCH 2, 2023

In early 2022, AWS announced general availability of Athena ACID transactions, powered by Apache Iceberg. Apache Iceberg is designed to support these features on cost-effective petabyte-scale data lakes on Amazon S3. Amazon EMR can provision clusters with Spark, Hive, Trino, and Flink that can run Iceberg.

Data Lake 120

Data Lake Data Processing Metadata Snapshot 120