CIO Business Intelligence

JUNE 21, 2023

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. Quantify the value: Use data and metrics to demonstrate the potential return on investment (ROI) of IT initiatives.

Modeling 105

Modeling Cost-Benefit Digital Transformation ROI 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 One of the biggest ways to make the most of your IT budget in 2022 is through network infrastructure upgrades.

Optimization 107

Optimization IT Big Data Cost-Benefit 107

CIO Business Intelligence

JANUARY 10, 2024

Refactoring applications to take advantage of cloud-native services is vital to maximizing cloud ROI. In this quarter, 74% of large enterprises report having FinOps teams and processes in place, up from 61% in 2022,” he says. CIOs should then use that information to measure cloud value relative to business operations.

Cost-Benefit 124

Cost-Benefit Measurement Optimization Metrics 124

CIO Business Intelligence

AUGUST 21, 2023

A July 2023 report from professional services firm KPMG found that 97% of the 200 senior US business leaders it polled anticipate that generative AI will have a huge impact on their organizations in the short term, 93% believe it will provide value to their business, and 80% believe it will disrupt their industry.

Technology 145

Technology IT Uncertainty Reporting 145

CIO Business Intelligence

FEBRUARY 7, 2023

In its State of Service report, Salesforce research learned that case volumes for 54% of service teams rose between 2021 and 2022. Of the 96% of high-performing field service organizations that use field service management, 90% report increased agility, 55% report higher productivity, and 53% report improved job satisfaction.

Uncertainty 116

Uncertainty Cost-Benefit Sales Reporting 116

CIO Business Intelligence

MARCH 13, 2024

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.

IT 128

IT Consulting Testing Cost-Benefit 128

IBM Big Data Hub

OCTOBER 18, 2022

It’s sustainability, reveals IBM’s Institute for Business Value 2022 CEO Study “Own your impact: Practical pathways to transformational sustainability” As pressures from a broad set of stakeholders, most notably executive boards and investors, drive CEOs to define and pursue sustainability goals, CEOs are taking action.

Uncertainty 52

Uncertainty Strategy Measurement Digital Transformation 52

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. And when problems are reported, there needs to be a proper understanding of the context. Business teams needs to be up to speed and vigilant.

Risk 105

Risk Cost-Benefit ROI Strategy 105

CIO Business Intelligence

FEBRUARY 24, 2023

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

Strategy ROI Consulting Technology 105

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. The company rolled out the new ERP in January 2022, coinciding with its new fiscal year.

Manufacturing 128

Manufacturing Cost-Benefit Sales Consulting 128

Smart Data Collective

JUNE 16, 2022

While we are at it, Gartner’s 2022 report on business composability further pushes the need for analytics. Here, the dashboard could include project health elements such as cost, schedule, scope, ROIs, feedback, value to the partner, evaluation of meaningful outcomes, and management hierarchy to name a few.

Business Analytics 124

Business Analytics Analytics Forecasting Business Analysis 124

IBM Big Data Hub

OCTOBER 4, 2022

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.). Model risk management is used to identify, manage, monitor and report on risk and compliance initiatives at scale.

Metadata 102

Metadata Risk Risk Management Experimentation 102

CIO Business Intelligence

AUGUST 9, 2023

Most CEOs (72%) continue to prioritize digital investments, according to the 2022 CEO Outlook report from KPMG, in part due to concerns about emerging and disruptive technology, a top three risk to organizational growth. Once a vanguard business strategy, digital transformation has become a perennial objective for business survival.

Digital Transformation 137

Digital Transformation Strategy Data-driven Consulting 137

CIO Business Intelligence

JANUARY 12, 2023

The who, what, and why of automation According to a 2022 survey by Salesforce and Vanson Bourne , demand for automation by business teams has increased over the last two years, said 91% of respondents. They would have looked at the ROI and stopped the program.” and author of a recent report about the perils of automation.

Consulting 145

Consulting Technology Software Reporting 145

CIO Business Intelligence

FEBRUARY 21, 2023

Indeed, the majority turn to agile practices for the speed it can bring to enterprise initiatives: 52% of respondents to the 2022 State of Agile Report from DevOps platform maker Digital.ai said they prioritized implementing the methodology to accelerate time to market. Bobby Cain can attest to the speed agile generates.

Digital Transformation 145

Digital Transformation Marketing Technology Software 145

Jedox

APRIL 23, 2020

This includes encompassing territory planning, quota planning, calculation of sales compensation, publishing commission statements, sales forecasting, commission accruals, management reports and analytics. According to Gartner’s 2020 SPM report, 40% of B2B companies with over 100 salespeople will have an SPM solution in place by 2022.

Sales 52

Sales Management B2B Dashboards 52

DataRobot Blog

NOVEMBER 15, 2022

At the DataRobot Booth at Big Data AI World Asia 2022 Chief Data Officers data scientists and IT leaders learned the latest in AI-driven business outcomes. Ted highlighted four key stakeholder needs: AI Innovators have a strategic lens and are looking at the overall ROI of the AI project while assessing critical elements like trust and risk.

Big Data 52

Big Data Experimentation Data-driven Machine Learning 52

Smart Data Collective

JANUARY 26, 2022

There are a lot of benefits of using artificial intelligence in 2022. A recent survey found that 64% of marketers reported that data-driven marketing strategies are more important than ever. A growing number of companies are turning to YouTube to maximize the ROI of their marketing efforts. One of them is with YouTube.

Data-driven 92

Data-driven Marketing Visualization Recreation/Entertainment 92

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? The last item should be updated in 2022. Here is the link to the replay, in case you are interested. That is the key.

Analytics 64

Analytics Measurement Modeling Data-driven 64

Alation

JANUARY 11, 2022

In just the past few months Alation has been recognized in: The Forrester Wave™: Data Governance Solutions , BARC’s Data Management Survey , the Constellation ShortList , the GigaOm Radar Report for Data Catalogs , Dresner Advisory Services’ 2021 Wisdom of Crowds® Data Catalog Market Study , and many, many more.

Sales 52

Sales Software Marketing B2B 52

CIO Business Intelligence

MARCH 10, 2023

The Cost of a Data Breach 2022 Report highlights the role of automation in halving the cost of a data breach and reducing the time to identify and contain by 77 days. It also enables a greater ROI on your current tools and technology, bringing them into play as part of the orchestration process.

Digital Transformation 143

Digital Transformation Cost-Benefit ROI Risk 143

Domino Data Lab

JANUARY 6, 2019

more depth in the case studies), plus different styles of instruction (“ROI” gets discussed, a lot) are needed. Recently the World Economic Forum published “ The Future of Jobs Report 2018.” Skills continuing to grow in prominence by 2022 include analytical thinking and innovation as well as active learning and learning strategies.

Data Science 56

Data Science Machine Learning Reporting Visualization 56

IBM Big Data Hub

JANUARY 17, 2023

Over the last few months, we have been collecting stories from our customers and projects delivered in 2022 and hearing the feedback on how IBM Planning Analytics has helped support organisations across not only the office of finance – but all departments in their organisation. The need for a better planning and management system.

Reporting 57

Reporting Forecasting ROI Finance 57

CIO Business Intelligence

AUGUST 2, 2022

billion in 2022, up by 19.5% from last year, according to a market research report by Gartner. Slow implementation across one or multiple business functions slows down the ROI cycle—one of the causes of slow spending on RPA,” Mehta added.

Software 122

Software Sales Forecasting ROI 122

CIO Business Intelligence

APRIL 22, 2024

“But we took a step back and asked, ‘What if we put in the software we think is ideal, that integrates with other systems, and then automate from beginning to end, and have reporting in real-time and predictive analytics?’” Our organization is depending on us to drive the business into the future,” he adds.

IT 126

IT Data-driven Strategy Consulting 126

datapine

MAY 31, 2022

In fact, the Foundry’s recently published Cloud Computing Study (2022) found that 84% of organizations have at least one application, or a portion of their computing infrastructure already in the cloud. In both cases, the return on investment (ROI) is healthy. These traditional methods are increasingly being left behind.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

DataRobot Blog

MARCH 23, 2023

Use a cost-benefit analysis to explore ROI and risk. For a deeper dive into the subjects of this post, including further guidance on the MLOps space, and to see why DataRobot was named a Leader, check out the “ IDC MarketScape: Worldwide Machine Learning Operations Platforms 2022 ” report.

Machine Learning 52

Machine Learning Cost-Benefit Modeling Testing 52

CIO Business Intelligence

SEPTEMBER 25, 2023

Consequently, CIOs need to be clear on the outcomes their initiatives will deliver and that they can measure and report on those outcomes in top- and/or bottom-line figures. Infosys’ Digital Radar 2023 report found that only 5% of enterprises currently have or are implementing a live data approach. Adya says many executives answer no.

Digital Transformation 145

Digital Transformation Measurement Data-driven Metrics 145

AWS Big Data

MARCH 17, 2023

TalentReef was acquired by Mitratech in August 2022 with the goal to combine TalentReef’s best-in-class systems with Mitratech’s expertise, technology, and global platform to ensure their customers’ hiring needs are serviced better and faster than anyone else in the industry.

Dashboards 52

Dashboards IT Data Lake Visualization 52

CIO Business Intelligence

MARCH 1, 2024

A recent report by Grand View Research found that the global BPO market reached a value of $261.9 billion in 2022, and projects it doubling to $525.2 Negotiations, tradeoffs and sacrifices Business Process Outsourcing, or BPO, is a huge and growing trend. billion by 2030.

Enterprise 104

Enterprise IT Cost-Benefit Risk 104

CIO Business Intelligence

OCTOBER 12, 2022

76% of companies report the use of Apple devices has increased over the past two years. According to an economic impact report by Forrester , Mac ownership costs less in the long run providing 336% ROI. © 2022 Apple Inc. Three out of four employees would choose Apple when given the choice. Fine print. All rights reserved.

Cost-Benefit 98

Cost-Benefit Digital Transformation ROI Enterprise 98

DataRobot Blog

DECEMBER 15, 2022

By simplifying Time Series Forecasting models and accelerating the AI lifecycle, DataRobot can centralize collaboration across the business—especially data science and IT teams—and maximize ROI. Now it’s time to put our model into production and get some predictions—and unlock real value and ROI. AI Experience 2022 Recordings.

Forecasting 81

Forecasting Modeling ROI Machine Learning 81

datapine

DECEMBER 11, 2019

billion by 2022—a level of growth that will shape SaaS trends in 2020. A Betterbuys report reveals that the specific expenditure in the U.S. Automation: Machine Learning, a subset of AI, is utilized in SaaS to automate responsiveness in customer service reports and applications, such as AI-powered chat operations with live chatbots.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

CIO Business Intelligence

OCTOBER 14, 2022

76% of companies report the use of Apple devices has increased over the past two years. According to an economic impact report by Forrester , Mac ownership costs less in the long run providing 336% ROI. © 2022 Apple Inc. Three out of four employees would choose Apple when given the choice. Fine print. All rights reserved.

Cost-Benefit 52

Cost-Benefit Digital Transformation ROI Enterprise 52

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. Additionally, multiple systems of record create a confusing environment when those sources do not report the same answers. 1 But this is changing rapidly. And that’s because AI holds massive potential.

Data Architecture 52

Data Architecture Data Lake Data Warehouse Cost-Benefit 52

CIO Business Intelligence

MAY 2, 2022

The disaggregated solution guarantees 99.9999% data availability and, according to an ESG Economic Validation report, it lowers cost, eliminating overprovisioning and delivering 2.5X 1 Aviv Kaufman, “ Analyzing the Economic Benefits of Hewlett Packard Enterprise (HPE) Nimble Storage dHCI ”, ESG Economic Validation February 2022.

Cost-Benefit 98

Cost-Benefit Software Digital Transformation ROI 98

Smart Data Collective

JANUARY 27, 2020

billion by 2022. where data is visualized in multiple easy-to-understand graphs and reports. Obviously, all affiliates want to manage the quality of their traffic smartly to increase their ROI subsequently. The market for affiliate marketing is expected to reach $8.2 The use of AI in affiliate marketing.

Marketing 108

Marketing Advertising Business Intelligence Machine Learning 108