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. This is especially so in industries like telecom, retail, healthcare, manufacturing, insurance, and financial services.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

CIO Business Intelligence

MAY 1, 2024

For example, a quarter of IT decision-makers in Foundry’s 2023 AI Priorities Study are piloting gen AI technologies, but only 20% have moved on to deployment. But talking to IT teams like the AI professionals in Intel’s 2023 ML Insider survey suggests only 10% of organizations put gen AI solutions into production in 2023.

Cost-Benefit 135

Cost-Benefit Metrics Insurance Measurement 135

CIO Business Intelligence

NOVEMBER 15, 2023

2023 has been a break-out year for generative AI technology, as tools such as ChatGPT graduated from lab curiosity to household name,” CIO writes in a roundup of the latest generative AI announcements. Not everyone concedes the benefits of AI and ERP, she says. Is it really for you?

Digital Transformation 118

Digital Transformation Cost-Benefit ROI Manufacturing 118

IBM Big Data Hub

APRIL 25, 2024

BPR examples are not one-time projects, but rather examples of a continuous journey of innovation and change focused on optimizing end-to-end processes and eliminating redundancies. This blog outlines some BPR examples that benefit from a BPM methodology.

Cost-Benefit 58

Cost-Benefit Finance Optimization Key Performance Indicator 58

CIO Business Intelligence

FEBRUARY 27, 2023

Since then, Barioni has taken control of the situation, putting into action a multi-year plan to move over half of Reale Group’s core applications and services to just two public clouds in a quest for cost optimization and innovation. Why build a multicloud infrastructure?

Cost-Benefit 143

Cost-Benefit Insurance Optimization Enterprise 143

CIO Business Intelligence

AUGUST 17, 2023

The COVID-19 global pandemic exposed the fragility of manufacturing supply chains, causing substantial shortages of essential products such as medical supplies, critical minerals, and semiconductors. The industrial sector has shown incredible resiliency and has been building back fast despite significant headwinds.

Manufacturing 86

Manufacturing Cost-Benefit Digital Transformation Risk 86

CIO Business Intelligence

DECEMBER 19, 2023

This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control.

Digital Transformation 137

Digital Transformation Unstructured Data Machine Learning Risk Management 137

IBM Big Data Hub

FEBRUARY 19, 2024

The challenges continue: one 2023 survey found 44% of companies had to make changes in the past year due to issues with their supply chain footprint, and 49% said supply chain disruptions had caused planning problems. Access the Food Trust ebook Building strong partnerships Strong relationships are a key part of any business strategy.

Strategy 83

Strategy Management Forecasting Cost-Benefit 83

IBM Big Data Hub

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms.

Cost-Benefit 80

Cost-Benefit Scorecard Risk Recreation/Entertainment 80

IBM Big Data Hub

MARCH 28, 2024

billion in 2023. Private cloud combines the primary benefits of cloud computing (e.g., A hybrid cloud unifies public cloud, private cloud and traditional on-premises to create a single, flexible and cost-efficient IT infrastructure. billion by 2033, up from USD 92.64 What is a private cloud? Zoom, Adobe, Salesforce).

Enterprise 100

Enterprise Cost-Benefit Data Processing Software 100

CIO Business Intelligence

DECEMBER 29, 2023

“The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Building and deploying intelligent automation CIOs will need to operate more efficiently by accelerating the benefits of automation. Our focus is on curating reusable data and AI insights,” she says.

Cost-Benefit 128

Cost-Benefit Digital Transformation Consulting Strategy 128

IBM Big Data Hub

JUNE 30, 2023

80% of manufacturers report MRO asset management in their facilities needs improvement 60% of construction companies admit their industry is behind when it comes to adopting digital technology 5 ways the industrial sector can improve its supply chain resiliency 1. Optimize your maintenance inventory. The possibilities?

Consulting 68

Consulting Cost-Benefit Manufacturing B2B 68

CIO Business Intelligence

MARCH 11, 2024

2023 was a challenging year, to say the least, for our industry – and software/SaaS vendors were hit particularly hard. Solutions that not only span functions, but also have industry-specific features and benefits that provide more value by supporting and enabling users to be productive and more competitive in specific industries.

Manufacturing 74

Manufacturing Cost-Benefit Finance Marketing 74

CIO Business Intelligence

JANUARY 22, 2024

McKinsey & Company estimates that the annual increase of costs related to cybercrime will reach $10.5 Organizations across all industries can benefit from secure practices to limit their remote access exposures. These targets are more appealing to threat actors because they haven’t been regularly maintained in the past.

Digital Transformation 112

Digital Transformation Risk Cost-Benefit Risk Management 112

datapine

MAY 31, 2022

3) Cloud Computing Benefits. It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

AUGUST 21, 2023

Atos earns the 2023 VMware Partner Worldwide Lifecycle Services Award for enabling end-to-end digital transformations True transformation is often a team effort. No matter what type of transformation, working with a trusted partner can make all the difference.

Digital Transformation 79

Digital Transformation Cost-Benefit Software Manufacturing 79

O'Reilly on Data

NOVEMBER 28, 2023

Generative AI has been the biggest technology story of 2023. As of November 2023: Two-thirds (67%) of our survey respondents report that their companies are using generative AI. 54% of AI users expect AI’s biggest benefit will be greater productivity. Late in 2023, we suspect that relatively few companies have a policy.

Enterprise 267

Enterprise Modeling Testing Reporting 267

IBM Big Data Hub

FEBRUARY 7, 2024

These efforts often go hand in hand with broader corporate sustainability initiatives and can lead to significant cost savings and improved environmental performance. trillion in economic benefits by 2030. Companies are investing in renewable energy projects and implementing energy-efficient technologies and practices.

Reporting 91

Reporting Internet of Things Cost-Benefit Data-driven 91

FineReport

APRIL 13, 2023

In this article, we will introduce you to the 10 best data visualization tools you should know in 2023. The first benefit is their ease of use, which can be classified into two categories: user-friendly software with comprehensive documentation and tutorials, and difficult-to-use tools that lack in certain areas.

Visualization 52

Visualization Dashboards Interactive Reporting 52

IBM Big Data Hub

APRIL 18, 2024

While leaders have some reservations about the benefits of current AI, organizations are actively investing in gen AI deployment, significantly increasing budgets, expanding use cases, and transitioning projects from experimentation to production. 46% of survey respondents in 2024 showed a preference for open source models.

Cost-Benefit 91

Cost-Benefit Modeling Manufacturing Interactive 91

CIO Business Intelligence

FEBRUARY 17, 2023

Tokyo-based printer manufacturer Konica Minolta, for instance, is seeing a jump in business that its US subsidiary CIO cannot quantify now but is confident will show in future earnings. The connected office of the future Lee, formerly an IT exec at GE for 21 years, says Konica Minolta is celebrating its 150th year in business in 2023.

Digital Transformation 104

Digital Transformation IoT Manufacturing Sales 104

DataKitchen

MARCH 16, 2023

Gartner attempted to list every metric under the sun in their recent report , “T oolkit: Delivery Metrics for DataOps, Self-Service Analytics, ModelOps, and MLOps, ” published February 7, 2023. There are four main benefits of reducing errors. Forty-five metrics! Unfortunately, many teams do not track the amount of work they do.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

CIO Business Intelligence

JUNE 6, 2023

The implication is that while some businesses are cutting costs and many tech companies are announcing layoffs, forward-looking enterprises are investing and collaborating with startups. CEO, and principal of smart manufacturing at Connektedminds, suggests that CIOs envision how the startup relationship might evolve longer term.

Key Performance Indicator 104

Key Performance Indicator Cost-Benefit Enterprise Experimentation 104

datapine

NOVEMBER 27, 2019

According to Gartner, poor data quality is estimated to cost organizations an average of $15 million per year in losses. We detailed the benefits and costs of good or bad quality data in our previous article on data quality management , where you can read the five important pillars to follow.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

IBM Big Data Hub

AUGUST 15, 2023

Here are some of the ways organizations today are making that shift and reaping the benefits of AI in a practical and ethical way. Recent AI developments are also helping businesses automate and optimize HR recruiting and professional development, DevOps and cloud management, and biotech research and manufacturing.

IT 76

IT Data Governance Modeling Cost-Benefit 76

CIO Business Intelligence

AUGUST 7, 2023

According to the 2023 State of the CIO research , 85% of IT leaders have come to view the CIO role through the lens of changemaker — a vantage point not likely to shift as the role becomes more digital and innovation focused. When the manufacturing plant started the program, they had a multi-day retreat, which I personally attended.

IT 79

IT Sales Manufacturing Cost-Benefit 79

CIO Business Intelligence

AUGUST 15, 2023

From healthcare to manufacturing, this year’s award winners span a wide range of industries, proving once again the impact information technology has in reshaping business and society at large. PowerInsights has helped the company evolve from a generator manufacturer into an energy technology solutions provider,” Dickson says.

IT 88

IT Manufacturing IoT Cost-Benefit 88

CIO Business Intelligence

MAY 16, 2022

To reap the benefits, organizations need to modernize with a decentralized data strategy that delivers the speed and flexibility necessary for driving smarter outcomes for the business. The concept of the edge is not new, but its role in driving data-first business is just now emerging. That’s the promise of edge computing.”.

IoT 75

IoT Data Warehouse Internet of Things Machine Learning 75

AWS Big Data

MARCH 10, 2023

Moreover, many customers are looking for an architecture where they can combine the benefits of a data lake and a data warehouse in the same storage location. With Iceberg, ingestion, update, and querying processes can benefit from atomicity, snapshot isolation, and managing concurrency to keep a consistent view of data.

Data Lake 105

Data Lake Sales Data Warehouse Snapshot 105

CIO Business Intelligence

JANUARY 4, 2023

In its Worldwide Sustainability/ESG 2023 Predictions , analyst firm IDC sees digital and sustainability transformations converging. This should not just be a discussion about costs; sustainability should be considered as a business outcome.” This will drive down your cost and have a positive impact on sustainability at the same time.”

IT 117

IT Internet of Things Reporting Cost-Benefit 117

CIO Business Intelligence

JUNE 29, 2022

As cloud adoption has continued to rise in recent years in response to businesses’ need for agility, cost savings, innovation, and digital transformation, organizations are faced with new challenges and opportunities that impact business operations. And that is because there are many factors that go into cloud costs.

Cost-Benefit 70

Cost-Benefit Data-driven Digital Transformation Manufacturing 70

IBM Big Data Hub

MARCH 18, 2024

Inexhaustible supply One of the main benefits of renewable energy sources like the sun, wind and water is that they will never run out. In contrast, non-renewable resources are not only finite, but cost more as their availability declines and require more extreme extraction methods with greater environmental impacts.

Cost-Benefit 17

Cost-Benefit Forecasting Manufacturing Optimization 17