Remove 2022 Remove Reporting Remove Risk Remove ROI
article thumbnail

Selling the C-suite on preemptive IT investments

CIO Business Intelligence

And 2024 looks to be that kind of year, with John-David Lovelock, distinguished VP analyst, reporting that “IT spending will be driven by more traditional forces, such as profitability, labor, and dragged down by a continued wave of change fatigue.” When these additional costs appear, the original ROI prognosticators get unhappy.

ROI 122
article thumbnail

The Data Culture Gap: Q1 2022 State of Data Culture Report

Alation

This was a key finding in the quarterly Alation State of Data Culture Report , which provides an assessment of the progress enterprises have made in creating a data culture. Organizations that do not embrace data culture risk lost revenue and competitive disruption. So what must businesses do?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. . IT procurement cycles have accelerated and investments have increased – much more than pre-COVID.

article thumbnail

Why you can’t ignore cloud security

CIO Business Intelligence

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. The recent attacks on NFPs would seem to highlight many of the security risks being posed by the migration to the cloud.

Risk 105
article thumbnail

AI Governance: Break open the black box

IBM Big Data Hub

Today, AI presents an enormous opportunity to turn data into insights and actions, to amplify human capabilities, decrease risk and increase ROI by achieving break through innovations. IBM Global AI Adoption Index 2022.). Manual processes that introduce risk and make it hard to scale. Challenges around managing risk.

article thumbnail

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. Show the short-term and long-term benefits, along with the associated costs and risks. What’s the opportunity cost of not doing these things?

Modeling 105
article thumbnail

Aligning security and business strategies

CIO Business Intelligence

Their report focused exclusively on financial cybercrime, including identity theft. As a result, it’s hard to calculate its ROI, but knowing cybercrime rates are likely to rise during tight economic times, these leaders understand that cutting cybersecurity expenditures could, in fact, cost more than they had anticipated.

Strategy 105