CIO Business Intelligence

JANUARY 25, 2024

For enterprise executives in 2024, that means right-sizing those expectations and getting to work: justifying the right use cases, forming teams, and tracking progress and ROI. Leverage AI to put IT efficiency into overdrive ChatGPT’s release in 2022 kicked off an unprecedented hype cycle for the new technology.

ROI 95

ROI Experimentation Sales Finance 95

Alation

APRIL 27, 2022

As the report firmly states, building a data culture is a business imperative in 2022. A data catalog is one data and analytics tool with proven, justifiable ROI. Get the full report here: Q1 2022 State of Data Culture Report. The post The Data Culture Gap: Q1 2022 State of Data Culture Report appeared first on Alation.

Reporting 52

Reporting Data-driven Digital Transformation Data Governance 52

CIO Business Intelligence

MARCH 16, 2022

As a result, they have gained the ability to make significant inroads in meeting top-level business objectives, including improving ROI, speeding time to market, and delivering enhanced customer value. The VSM Summit will take place on Wednesday, April 20, 2022 from 11:00 a.m. – Conclusion.

Management 91

Management Cost-Benefit Insurance ROI 91

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

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. – We do have a job description of a CDO.

Analytics 64

Analytics Measurement Modeling Data-driven 64

CIO Business Intelligence

NOVEMBER 20, 2023

Of customers who turned to a support bot from December 2022 to February 2023, only 25% said they would willingly use them again to solve a problem, according to Gartner. Training and onboarding new call center workers The attrition rate of call center employees is brutal; in 2022, the average turnover rate was 38%.

Interactive 116

Interactive Risk ROI Testing 116

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 104

Optimization IT Big Data Cost-Benefit 104

CIO Business Intelligence

JULY 26, 2023

“The only thing we have on premise, I believe, is a data server with a bunch of unstructured data on it for our legal team,” says Grady Ligon, who was named Re/Max’s first CIO in October 2022. billion in 2022, resource industries $82.1 billion in 2022, and personal and consumer services at $82.6 billion in 2022.

Data Lake 95

Data Lake Digital Transformation Machine Learning Data Architecture 95

CIO Business Intelligence

FEBRUARY 22, 2024

Plus, to provide all its businesses with the ability to obtain information in record time, the company has been working with gen AI and LLMs, specifically Azure OpenAI, since December 2022. It’s beginning to be clear now this is no longer the case, and we can demonstrate marked cost reduction and positive ROI on these investments.”

IT 94

IT Digital Transformation IoT Cost-Benefit 94

Smart Data Collective

DECEMBER 13, 2021

Here are five marketing strategies you need to use to grow your e-commerce store in 2022. You will have an easier time improving your ROI if you use it to your advantage. By following these tips, you’ll be able to supercharge your e-commerce business and set it up for success in 2022. Use data to strengthen brand identity.

Data-driven 134

Data-driven Marketing Strategy Big Data 134

CIO Business Intelligence

AUGUST 23, 2022

who all have a vested interest in the network.These stakeholders, primarily the C-suite, should measure investments in terms of money, risk, and time, as well as make decisions based on a solid understanding of the return on investment (ROI). Transitioning to Business Value . IT Leadership

Cost-Benefit 96

Cost-Benefit Business Objectives ROI Risk 96

Smart Data Collective

JULY 4, 2022

In this piece, we will look at the top eLearning trends driven by big data that are taking hold in 2022, which will be the most useful in implementing eLearning programs across enterprises without taking a break from your learning and development process. Academic institutions are going to have to rely more on big data than ever.

Data-driven 126

Data-driven Big Data Interactive Recreation/Entertainment 126

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 85

Consulting Cost-Benefit Technology ROI 85

CIO Business Intelligence

JUNE 21, 2023

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. Also spotlight the other side of ROI (return on ignorance).

Modeling 102

Modeling Cost-Benefit Digital Transformation ROI 102

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. But while the cloud provides more flexible and scalable IT services, it’s also introducing new and vexing challenges around cyber security.

Risk 92

Risk Cost-Benefit ROI Strategy 92

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 122

IT Consulting Testing Cost-Benefit 122

CIO Business Intelligence

SEPTEMBER 14, 2023

That expertise and his own followership has landed him a chief technical role several times and earned him Dallas CIO of the Year in 2022. You just get people to throw out ideas, then soon enough, everyone’s building on them, talking about ROI and value-creation models and all this stuff,” he adds.

ROI 97

ROI Modeling Risk Strategy 97

Smart Data Collective

DECEMBER 17, 2021

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. These maps are helping us understand the current state of our country; they can help us see trends in our communities and how certain regions are faring.

Business Intelligence 93

Business Intelligence Cost-Benefit Dashboards Interactive 93

CIO Business Intelligence

FEBRUARY 24, 2023

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. After all, most cybersecurity expenditures are aimed at preventing potential problems.

Strategy 91

Strategy ROI Consulting Technology 91

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.

Cost-Benefit 109

Cost-Benefit Measurement Optimization Metrics 109

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 124

Manufacturing Cost-Benefit Sales Consulting 124

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 121

Business Analytics Analytics Forecasting Business Analysis 121

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

Smarten

APRIL 18, 2023

ChatGPT is an AI chatbot developed by OpenAI, launched in November 2022. Accelerating Advanced Analytics in an Immature Analytics Culture ’, ‘ A Roadmap to ROI and User Adoption of Augmented Analytics and BI Tools ’, and ‘ Integrate Augmented Analytics and Digital Transformation to Achieve Continuous Business Improvement.’

Digital Transformation 52

Digital Transformation Experimentation ROI Technology 52

IBM Big Data Hub

SEPTEMBER 6, 2023

Content generation: The recent launch of OpenAI’s generative AI platform ChatGPT in November of 2022 has prompted a flood of new use cases for AI. Improved return on investment (ROI) on marketing initiatives: AI marketing tools can help marketers identify actionable insights from data generated by a campaign in near real-time.

Marketing 83

Marketing Technology Advertising ROI 83

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 69

Visualization Cost-Benefit ROI Interactive 69

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.). It is well known that Artificial Intelligence (AI) has progressed, moving past the era of experimentation.

Metadata 101

Metadata Risk Risk Management Experimentation 101

CIO Business Intelligence

AUGUST 21, 2023

There’s more likely to be a J-curve to ROI as a firm incurs expenses acquiring the technology and spends on cloud services to support it. Firms could even encounter pushback from affected stakeholders, like they are now with the case of film and television writers and actors.” Yet that isn’t holding back expectations.

Technology 145

Technology IT Uncertainty Reporting 145

CIO Business Intelligence

JUNE 27, 2022

It’s 2022, we’re past the age of DRIP — data rich, insight poor.”. ROI and Metrics “If your company has data, you’re definitely leveraging it and trying to use insights from analytics to drive positive business outcomes,” says John Loury, president and CEO of Cause + Effect Strategy, a business intelligence consulting firm.

Metrics 130

Metrics KPI IT Consulting 130

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. As such, field service, and customer service, are no longer cost centers, but instead strategic areas for investment, to deliver a new kind of ROI for these times, return on innovation. The time is now.

Uncertainty 106

Uncertainty Cost-Benefit Sales Reporting 106

Smart Data Collective

MARCH 23, 2023

The ROI of creating their own AI applications can be massive, but they still need to use them cost-effectively. A study done by Deloitte in late 2022 showed that cost reduction is the top priority for CFOs. Some companies are interested in taking advantage of the benefits of existing AI tools like ChatGPT.

Software 113

Software Strategy Cost-Benefit Testing 113

BizAcuity

APRIL 25, 2022

According to Statista, the US online gambling market is expected to reach $93 billion by 2023 from $67 billion in 2022. . The casino operators are expected to face known challenges of rising competition, decreasing ROI, and a high churn rate. ROI is sacrosanct for a casino business. No ROI, no investment.

Marketing 52

Marketing Strategy ROI Digital Transformation 52

CIO Business Intelligence

MAY 30, 2022

In 2022, The Open Group announced the latest update to the framework and released the TOGAF Standard, 10th Edition, to replace the previous TOGAF Standard, 9.2 was released in 2011 and the most recent version, TOGAF 10 was released in 2022. Businesses can, however, have tools, software or training programs certified by The Open Group.

Enterprise 90

Enterprise Software Digital Transformation ROI 90

Smart Data Collective

JANUARY 30, 2023

AI Technology is Driving Major Changes in Software Development in an Uncertain Economy As 2022 is slowly coming to an end, we can’t say this is precisely what we thought the business environment would look like five years ago. When used appropriately, it can significantly improve your overall ROI.

Software 96

Software Strategy Testing Advertising 96

Smart Data Collective

JANUARY 30, 2023

In 2022, one of the biggest breakthroughs ever was the emergence of AI art. Consider your return on investment (ROI) when adjusting—factor in all potential variables. Every year, we hear new stories about how artificial intelligence technology is becoming more integral to the marketing profession.

Advertising 96

Advertising Cost-Benefit Marketing Strategy 96

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