CIO Business Intelligence

FEBRUARY 27, 2023

To understand how organizations may be approaching their cloud strategies and tech investments in 2023, members of VMware’s Tanzu Vanguard community shared their insights on what trends will take shape. The growth of Kubernetes, and the benefits it brings to organizations, is not something that is going away.

Cost-Benefit 145

Cost-Benefit Digital Transformation Strategy Software 145

AWS Big Data

JANUARY 9, 2024

We are excited about the OpenSearch Service features and enhancements we’ve added to that toolkit in 2023. 2023 was a year of rapid innovation within the artificial intelligence (AI) and machine learning (ML) space, and search has been a significant beneficiary of that progress.

Cost-Benefit 90

Cost-Benefit Visualization Modeling Machine Learning 90

CIO Business Intelligence

NOVEMBER 14, 2023

“Today we face the harsh reality of cloud costs, if not done right,” says Jay Upchurch, executive vice president and CIO at SAS. Cloud costs will often — and rapidly — become large line items on budgets. Cloud costs will often — and rapidly — become large line items on budgets. There are other risks, too.

Strategy 145

Strategy Cost-Benefit IT Key Performance Indicator 145

CIO Business Intelligence

JANUARY 11, 2024

2023 was a year made notable by a range of unexpected, unpredictable, and fast-moving challenges that, despite seemingly having little to do with technology, had profound impacts on IT strategies. These external factors can have a dramatic impact on business operations and strategic planning.

IT 133

IT Uncertainty Cost-Benefit Strategy 133

Ontotext

OCTOBER 11, 2023

SEMANTiCS 2023 kicked off with a Pre-conference day that offered an awesome lineup of business and academia talks. Scalability – a significant cost reduction for
scale-ups. Are LLMs Knowledgeable? Xina Lunda Dong, who had cooked this engaging narrative, led us through Entity-based, text-rich, and dual neural knowledge graphs.

Metadata 69

Metadata Cost-Benefit Marketing Modeling 69

Timo Elliott

MAY 8, 2023

You can see the company’s winning submission document here , with lots of details about the business goals, technical infrastructure, benefits, and SAP products used. To get the details information, you can read the summary blogpost , or or listen to the podcast with Tamara McCleary. The outcomes are really impressive.

IoT 103

IoT Cost-Benefit Machine Learning Risk 103

CIO Business Intelligence

MARCH 5, 2024

Today, we have effective, cost-effective IT,” he says. “We Transformation should be completed quickly, without getting lost in the minutiae, says Ingo Elfering, group CIO of Fresenius. It’s better to do it quickly, like taking a Band-Aid off, even if it hurts for a short time,” he summed up at the recent Hamburg IT Strategy Days 2024.

IT 105

IT Digital Transformation Cost-Benefit Strategy 105

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? Create dynamic, flexible teams Alignment only gets IT so far, though. He sees 2024 as the year to have good answers.

IT 144

IT Cost-Benefit Statistics Consulting 144

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. The October 2023 CEO Outlook Pulse from professional services firm EY reported that 99% of chief executives were planning to invest in generative AI. Which business cases actually need AI?

IT 140

IT Risk Cost-Benefit Enterprise 140

CIO Business Intelligence

NOVEMBER 8, 2023

in September, 2023, the price pressures facing IT have persisted. in September, 2023, the price pressures facing IT have persisted. The technology talent gap continues to inflate labor costs, too, despite big layoffs in high tech, CIOs say, and they’ve seen double-digit increases in SaaS and cloud costs over the last two years.

IT 133

IT Cost-Benefit Digital Transformation Software 133

Ontotext

DECEMBER 1, 2023

So, KGF 2023 proved to be a breath of fresh air for anyone interested in topics like data mesh and data fabric , knowledge graphs, text analysis , large language model (LLM) integrations, retrieval augmented generation (RAG), chatbots, semantic data integration , and ontology building. Cunningham.

Metadata 78

Metadata Sales Consulting Enterprise 78

CIO Business Intelligence

OCTOBER 23, 2023

According to its 2023 research paper Total Enterprise Reinvention , “only 8% of companies are moving to adopt a strategy of Total Enterprise Reinvention.” Jain says that starts by understanding the definition of “customer,” which Jain defines as “anybody who benefits from your services and products.” IT needs to go beyond that.

IT 137

IT Consulting Scorecard Key Performance Indicator 137

CIO Business Intelligence

DECEMBER 8, 2023

According to the report: “Our qualitative interviews indicated many companies are looking to recycle devices at the end of their lifecycles if they don’t already, and they are open to reducing the time it takes to refresh if it reduces cost over time.” Furthermore, 49% believe outdated hardware hinders employee productivity.

Strategy 104

Strategy IT Cost-Benefit Reporting 104

CIO Business Intelligence

JANUARY 2, 2024

That includes maintenance and upgrades deferred in favor of other projects or priorities, which can result in high future costs when those actions can no longer by avoided, often when a solution reaches end-of-life. A recent example is Windows Server 2012, which was sunsetted by Microsoft in October 2023.

Risk 128

Risk IT Risk Management Sales 128

CIO Business Intelligence

JANUARY 23, 2023

Companies and governments are aware of the benefits of new technologies and digitization: optimizing costs and operating resources, ensuring customer satisfaction, attracting new customers, and gaining a competitive advantage through digital adoption. LEAP 2023 will be held from February 6-9 in Riyadh Front Expo Centre, Saudi Arabia.

IoT 111

IoT Strategy Cost-Benefit Digital Transformation 111

CIO Business Intelligence

JANUARY 26, 2023

The year 2023 seems to be no different. on average for 2023, research firm Gartner points to a projected 6.5% on average for 2023, research firm Gartner points to a projected 6.5% Enterprise technology leaders must differentiate between cost and investment if they want to make the most of their limited budgets.

IT 138

IT Cost-Benefit Finance Consulting 138

CIO Business Intelligence

OCTOBER 16, 2023

Instead, failure today means an IT project doesn’t deliver some or all its expected benefits, according to CIOs, project leaders, researchers, and IT consultants. Instead, failure today means an IT project doesn’t deliver some or all its expected benefits, according to CIOs, project leaders, researchers, and IT consultants.

IT 136

IT Cost-Benefit Management Digital Transformation 136

CIO Business Intelligence

JANUARY 4, 2023

billion, with up to $1 billion of those costs being shouldered by the company in the fourth quarter of 2023. Salesforce said these costs consist of up to $1.4 Salesforce had nearly 80,000 global employees as of February 2022, up from more than 49,000 employees as of January 2020. billion and $2.1

IT 115

IT Cost-Benefit Insurance Measurement 115

CIO Business Intelligence

FEBRUARY 13, 2023

The economy may be looking uncertain, but technology continues to drive the business and CIOs are investing big in 2023. The numbers are higher from Foundry’s 2023 State of CIO survey , which finds that 91% of CIOs expect their tech budgets to either increase or stay the same in 2023. It’s all about uptime and input.

IT 145

IT Insurance Machine Learning Marketing 145

CIO Business Intelligence

SEPTEMBER 28, 2022

Fully 90% of respondents said that they either planned to increase spending or keep it steady in 2023. while 61% of large enterprises said that they plan an expansion of IT spending in 2023, just 41% of smaller companies said the same. IT spending during a recession shows benefits. Just 30% of companies with â??no no plansâ??

Cost-Benefit 98

Cost-Benefit IT Forecasting Data-driven 98

CIO Business Intelligence

MARCH 7, 2023

The new resources have come at a 30% to 40% additional cost but there has only been an incremental y-o-y increase of 10% to 12% in our budgets.” Describing India as a “bright spot” in the global economy, Kristalina Georgieva, MD of International Monetary Fund, has said the country will contribute 15% of the global growth in 2023.

IT 111

IT Cost-Benefit Manufacturing Technology 111

CIO Business Intelligence

JUNE 26, 2023

billion to help enterprises optimize their IT expenditure, particularly cloud costs, as they try to navigate uncertain macroeconomic conditions. The acquisition, which IBM said will be completed with available cash on hand, is expected to close in the second half of 2023. IBM is acquiring software provider Apptio for $4.6

Optimization 92

Optimization Cost-Benefit IT Consulting 92

CIO Business Intelligence

NOVEMBER 3, 2023

The 2023 IT salary report from Robert Half reinforces these findings. Burnout is quickly becoming a widespread problem for IT organizations. For IT leaders aware of the impact burnout can have on their staff , the reality of IT exhaustion is complicated further by the fact that burnout isn’t caused by just one thing.

IT 133

IT Reporting Uncertainty Cost-Benefit 133

CIO Business Intelligence

APRIL 17, 2024

The iPaaS market in 2023, according to a Gartner report , garnered a revenue of $8 billion globally, growing from $6.5 By 2026, more than 80% of enterprises will have used GenAI-based APIs or models, and/or deployed GenAI-enabled applications in production environments, up from less than 5% in 2023, according to Gartner.

Cost-Benefit 128

Cost-Benefit B2B Marketing Enterprise 128

CIO Business Intelligence

APRIL 18, 2024

A new breed of AI assistant has set its sights on the enterprise user in recent months, with Microsoft and other vendors promising huge productivity gains that offset the cost. Its Copilot for Microsoft 365, a high-profile offering among the growing list of AI agents, costs $30 per seat per month, with a 300-seat minimum. No,” he says.

Cost-Benefit 140

Cost-Benefit ROI Sales Enterprise 140

O'Reilly on Data

APRIL 30, 2024

Market structure is not simply the number of firms, but the cost structure and economic incentives in the market that follow from the institutions, adjacent government regulations, and available financing. However, there is one class of AI risk that is generally knowable in advance. billion) in annual sales and millions of users.

Risk 221

Risk Advertising Cost-Benefit Sales 221

CIO Business Intelligence

NOVEMBER 8, 2023

It is estimated by the end of 2023, 31% of organizations expect to run 75% of their workloads 2 in the cloud. 1 The rapid migration to the public cloud comes with numerous benefits, such as scalability, cost-efficiency, and enhanced collaboration. 6 On top of that, the average cost of a data breach is over $4.4

Cost-Benefit 135

Cost-Benefit Risk Digital Transformation Reporting 135

CIO Business Intelligence

JANUARY 5, 2024

Until then, the IT part of Radisson was considered a cost center, but thanks to that plan, it became a central pillar of the group’s strategy. This plan covers from 2018 to 2023. So now, he says, more than 90% of the company’s business initiatives are possible through the tech borne out of the IT area he leads.

IT 116

IT Finance Cost-Benefit Strategy 116

DataKitchen

MARCH 12, 2024

Key Success Metrics, Benefits, and Results for Data Observability Using DataKitchen Software Lowering Serious Production Errors Key Benefit Errors in production can come from many sources – poor data, problems in the production process, being late, or infrastructure problems. Data errors can cause compliance risks.

Metrics 120

Metrics Software Cost-Benefit Testing 120

IBM Big Data Hub

APRIL 22, 2024

“But it’s important to reap these benefits while minimizing the environmental impact. . “But it’s important to reap these benefits while minimizing the environmental impact. In our 2023 Impact Report , we reported that 70.6% In our 2023 Impact Report , we reported that 70.6%

Cost-Benefit 99

Cost-Benefit Modeling Manufacturing Reporting 99

CIO Business Intelligence

MARCH 6, 2024

Manufacturing in particular has become a bigger target for bad actors; in fact, it was one of the sectors most impacted by extortion attacks, according to Palo Alto Networks’ 2023 Unit 42 Extortion and Ransomware Report. Operational technology (OT) organizations face increasing challenges when it comes to cybersecurity. As Industry 4.0

ROI 126

ROI Manufacturing Cost-Benefit IoT 126

Jet Global

JUNE 22, 2023

Some of our most popular CFO backed posts: Best CFO KPIs and Dashboards for the 2023 CFO The Remote CFO’s Guide to Closing the Books from Home Crisis Planning for the Short and Long Term: Advice from Leading CFOs Generation CFO Link: [link] Generation CFO is not interested in the traditional operational structure of corporations.

KPI 105

KPI Finance Dashboards Digital Transformation 105

CIO Business Intelligence

FEBRUARY 12, 2024

Now, more than a decade later, business leaders recognize the advantages the cloud offers but are struggling with bloated cloud costs. Andreesen Horowitz coined the phrase the Cloud Paradox in a 2021 article , which posits that the pressure the cloud puts on company margins can start to outweigh the benefits over time.

Optimization 122

Optimization Cost-Benefit Reporting Digital Transformation 122

Cloudera

JANUARY 5, 2023

In the past year, businesses who doubled down on digital transformation during the pandemic saw their efforts coming to fruition in the form of cost savings and more streamlined data management. However, a significant amount of this spend is wasted as organizations struggle to optimize costs effectively. .

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

CIO Business Intelligence

SEPTEMBER 18, 2023

According to the 2023 State of the CIO , IT leaders are looking to shore up competencies in key areas such as cybersecurity (39%), application development (30%), data science/analytics (30%), and AI/machine learning (26%). From a company standpoint, you minimize turnover and search and recruiting costs.”

IT 136

IT Cost-Benefit Technology Business Intelligence 136

CIO Business Intelligence

FEBRUARY 29, 2024

Everest Group, which monitors 8,500 captive centers around the world, counted 452 new setups in 2023. Captive centers are no longer just means of value creation, providing cost savings and driving process standardization. The upside of captives today Some benefits of captive centers are the same as ever.

Cost-Benefit 116

Cost-Benefit Risk Modeling Strategy 116

CIO Business Intelligence

MARCH 23, 2023

of its workforce, over the next 18 months to reduce costs amid uncertain macroeconomic conditions. The job cuts reflect stabilizing demand, following explosive post-pandemic growth, and prudent cost management, according to Ignacio Rasero, vice president for Moody’s Investors Service. billion to $16.7

Uncertainty 98

Uncertainty Cost-Benefit Consulting Digital Transformation 98