Jen Stirrup

MAY 22, 2024

These reference architectures and implementation guides allow enterprises to deploy intelligent applications confidently, ensuring reliability, cost-efficiency, and compliance. AIGC models could be better; at the time of writing, ChatGPT was up to date until May 2023, one year ago. What are the risks of RAG for businesses?

Cost-Benefit 45

Cost-Benefit Risk Modeling Business Objectives 45

CIO Business Intelligence

JANUARY 2, 2024

With AI being the talk of 2023, [there were questions on] how do we, as a company, handle its adoption, governance, and education about it to our employees,” he says. What benefit does AI serve to that department? Transform IT into a business catalyst CIOs say they want to further transform IT. Statistics can be very misleading.

IT 144

IT Cost-Benefit Statistics Consulting 144

CIO Business Intelligence

DECEMBER 22, 2023

To tackle that, businesses are turning their budgets toward the cloud, with two out of every three IT decision-makers planning to increase cloud budgets in 2024, and nearly a third (31%) reporting that 31% of their IT budget is earmarked for cloud computing, according to the 2023 Cloud Computing Study from CIO.com parent company Foundry.

Consulting 116

Consulting Software Business Objectives Optimization 116

IBM Big Data Hub

JUNE 30, 2022

There’s a renewed interest in reflecting on what can and should be done with data, how to accomplish those goals and how to check for data strategy alignment with business objectives. The rise of data strategy. But not all data is best suited for the cloud. Embrace best practices but run away from pure academic approaches.

Data Strategy 56

Data Strategy Strategy Business Objectives Data-driven 56

CIO Business Intelligence

APRIL 19, 2022

But the real value bonanza comes from maturing a platform that gives business flexibility, operational adaptability, strategic options and resilience at a relatively low cost. Automation is more than just about speed and cost. But if your business objective is purely task automation, RPA can do the job.

Digital Transformation 100

Digital Transformation Insurance ROI Business Objectives 100

IBM Big Data Hub

JUNE 23, 2023

Figure 3 highlights ancillary benefits that conversational AI technology provides. Improve consistency and accuracy: Consistency in messaging across different reports and reporting periods is a critical benefit. Start with a pilot project that addresses a specific business problem or challenge. Pilot the technology.

Finance 59

Finance Reporting Cost-Benefit Modeling 59

CIO Business Intelligence

SEPTEMBER 13, 2023

Indeed, 50% of C-suite execs surveyed for a 2023 report on digital transformation from fintech company Broadridge admitted they struggle to balance innovation with daily tasks. Failing to tie innovation to business value If innovation is happening on the company’s dime, company heads want to know how it could benefit them.

IT 130

IT Digital Transformation Risk Cost-Benefit 130

AWS Big Data

DECEMBER 8, 2023

In 2021, FanDuel’s workloads almost tripled since they first started using Amazon Redshift in 2018, and they started evaluating Redshift RA3 nodes vs. DC2 nodes to take advantage of the storage and compute separation and deliver better performance at lower costs. The following diagram illustrates this architecture.

Data Warehouse 68

Data Warehouse Cost-Benefit KPI Risk 68

IBM Big Data Hub

MAY 23, 2023

As more enterprises move to hybrid cloud environments, hybrid cloud security has become imperative to business growth. According to a 2021 study by the IBM Institute for Business Value (IBV), 80% of executives expected their organizations to operate more than 10 distinct clouds by 2023, up from eight in 2020.

Cost-Benefit 92

Cost-Benefit Strategy Reporting Marketing 92

CIO Business Intelligence

MAY 13, 2024

“We know what we’re trying to achieve, because we know the business goals and objectives,” We want to grow substantially, and we want to do that with speed,” says Bilker, whose clarity on IT’s business objectives mirror the top directives CEOs are giving their CIOs, according to the 2024 State of the CIO Study from Foundry, publisher of CIO.com.

IT 123

IT Digital Transformation ROI Strategy 123

CIO Business Intelligence

JULY 24, 2023

For example, Subway IT has helped drive digital sales up 500% from 2019 to 2023, thanks to its work on Subway’s own digital channels as well as with third-party food delivery services, Herlihy says. Co-creating with their business unit colleagues. Much of that work started in response to the pandemic.

IT 82

IT Sales Business Objectives Marketing 82

datapine

DECEMBER 11, 2019

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. This results in more flexibility and upselling opportunities, and lower customer acquisition costs. Hence, micro-SaaS.”.

Software 314

Software Cost-Benefit Data Processing Data-driven 314