CIO Business Intelligence

SEPTEMBER 14, 2023

In a rapidly evolving business landscape, where innovation and cost efficiency are paramount, the launch of VMware Cross-Cloud managed services at VMware Explore 2023 Las Vegas is a pivotal moment. Flexibility: Organizations can now choose the cloud environments that best suit their specific needs.

Management 94

Management Cost-Benefit Optimization ROI 94

Smart Data Collective

NOVEMBER 4, 2021

Did you know that the geolocation data market is worth an estimated $12 billion ? A geolocation transponder is very useful on a highway, since it picks up the beacon and charges the cost to your account. The third point is most compelling and serves the biggest benefit for the average customer. This is the era of Big Data.

Optimization 109

Optimization Big Data Cost-Benefit Manufacturing 109

CIO Business Intelligence

JULY 17, 2023

To weather volatile stock markets, investors rebalance their portfolios often, dumping some stocks while picking up others based on trends. Just as investors play financial markets, IT leaders navigate technology trends. Just as investors play financial markets, IT leaders navigate technology trends.

Cost-Benefit 97

Cost-Benefit Optimization ROI Strategy 97

CIO Business Intelligence

MAY 21, 2024

Multimodal foundation models combine multiple modes, such as text, audio, image, and video, and are capable of generating captions for images or answering questions about images, according to IDC’s Market Glance: Generative Foundation AI Models. And the benefits of MakeShift’s use of AI are beginning to multiply.

IT 131

IT Cost-Benefit Experimentation Forecasting 131

CIO Business Intelligence

JANUARY 4, 2023

Cloud, sustainability, scale, and exponential data growth—these major factors that set the tone for high performance computing (HPC) in 2022 will also be key in driving innovation for 2023. Sustainability : As the HPC market grows, so do the implications of running such energy-intensive and complex infrastructure.

Cost-Benefit 59

Cost-Benefit Machine Learning Modeling Uncertainty 59

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 57

Cost-Benefit Finance Optimization Key Performance Indicator 57

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. Fewer disruptions : A healthy supply chain mitigates risks and protects against inevitable disruption.

Strategy 81

Strategy Management Forecasting Cost-Benefit 81

Jen Stirrup

AUGUST 18, 2023

AI can help here in various ways, notably to support optimization in exploration and production efforts with a view on sustainability. AI can optimize drilling and production processes by analyzing enormous amounts of data at speed, such as seismic data, well logs, and reservoir simulation data.

Optimization 96

Optimization Cost-Benefit IoT Data-driven 96

Smart Data Collective

JANUARY 16, 2023

There are a growing number of reasons that companies are investing in machine learning, but digital marketing is at the top of the list. More Companies Are Discovering the Benefits of Using Machine Learning for SEO A few years ago, we wrote an article pointing out that machine learning is rewriting the rules of SEO.

Machine Learning 120

Machine Learning Marketing Cost-Benefit Optimization 120

CIO Business Intelligence

SEPTEMBER 7, 2023

Of the nearly 6,000 CIOs, CISOs, and CTOs who shared their insights for VMware’s Multi-Cloud Maturity Index , a global survey conducted by market-research firm Vanson Bourne, more than half believe the stakes are even higher: 53% say organizations that do not adopt a multi-cloud approach risk failure.

Enterprise 105

Enterprise Management Cost-Benefit Optimization 105

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

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 106

Manufacturing Cost-Benefit Finance Marketing 106

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

NOVEMBER 8, 2023

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. in June, 2022, to 3.7% Here’s how.

IT 133

IT Cost-Benefit Digital Transformation Software 133

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 78

Cost-Benefit Scorecard Risk Recreation/Entertainment 78

CIO Business Intelligence

OCTOBER 21, 2022

The contact center market is growing at a rapid pace. The contact center software market is expected to grow at a 21% compound annual growth rate ( CAGR ) from 2022 to 2030. But, with all this growth comes new potential costs. Let’s look at four key decisions that can fuel effective cost management in contact centers.

Cost-Benefit 97

Cost-Benefit Testing Metrics Marketing 97

CIO Business Intelligence

NOVEMBER 10, 2022

This decision (layoffs) was based on cost-reduction initiatives intended to reduce operating expenses and sharpen Zendesk’s focus on key growth priorities,” the company wrote in the SEC filing. Out of the total estimated cost, the company expects to incur $8 million in the fourth quarter of 2022.

Cost-Benefit 98

Cost-Benefit Insurance Software Finance 98

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

NOVEMBER 1, 2023

It will be optimized for development in Java and JavaScript, although it’ll also interoperate with SAP’s proprietary ABAP cloud development model, and will use SAP’s Joule AI assistant as a coding copilot. The real benefit may be in the governance capabilities rather than the collaboration.

Enterprise 132

Enterprise Cost-Benefit Unstructured Data Software 132

Cloudera

OCTOBER 30, 2023

The main challenges are pointed out as a lack of resources/expertise, security, and from a different perspective, cloud cost management. The decentralized resource provisioning approach, foundational to cloud solutions and infrastructure, faces a big challenge when it comes to governing the costs of on-demand resource allocation/utilization.

Analytics 79

Analytics Cost-Benefit ROI Business Objectives 79

CIO Business Intelligence

SEPTEMBER 8, 2023

Operating rooms are a significant source of revenue for healthcare organizations — and a main contributor to costs. As such, any cost savings in operating rooms can have broad financial impact on a healthcare facility’s bottom line.

Cost-Benefit 105

Cost-Benefit Machine Learning Metrics Marketing 105

IBM Big Data Hub

OCTOBER 17, 2023

In a research brief defining “5 trends for 2023,” the IBM Institute for Business Value reports, “In 2023, rapid response is the new baseline. For example, events that describe changes in demand can help make better business decisions on inventory optimization.

Data-driven 77

Data-driven Cost-Benefit Uncertainty Dashboards 77

IBM Big Data Hub

DECEMBER 5, 2023

With the rise of highly personalized online shopping, direct-to-consumer models, and delivery services, generative AI can help retailers further unlock a host of benefits that can improve customer care, talent transformation and the performance of their applications. trillion on retail businesses through 2029. trillion in that year.

Unstructured Data 90

Unstructured Data Cost-Benefit Experimentation Machine Learning 90

Laminar Security

DECEMBER 1, 2023

According to a recent report by IBM , the average cost of a data breach in 2023 was $4.24 Laminar’s State of Cloud Data Security Report 2023 revealed that three out of four respondents acknowledged that their cloud environments were breached in the previous year. million, the highest it’s been in 17 years.

Modeling 52

Modeling Cost-Benefit Risk Data-driven 52

AWS Big Data

MAY 17, 2023

Credit: Phil Goldstein Jerry Wang, Peloton’s Director of Data Engineering (left), and Evy Kho, Peloton’s Manager of Subscription Analytics, discuss how the company has benefited from using Amazon Redshift. As Peloton’s use of Amazon Redshift has evolved and matured, its costs have gone down, according to Wang.

Data Warehouse 112

Data Warehouse Cost-Benefit Sales Data-driven 112

IBM Big Data Hub

MAY 26, 2023

Cloud computing offers the potential to redefine and personalize customer relationships, transform and optimize operations, improve governance and transparency, and expand business agility and capability. Of these breaches, 45% were cloud-based, costing USD 10.10M on an average, per breach.

Consulting 74

Consulting Cost-Benefit Optimization Machine Learning 74

CIO Business Intelligence

OCTOBER 12, 2022

Now technology has become such an indispensable tool to drive revenue or remove costs that CIOs are just as likely to be asked to do more in the face of a downturn rather than less. According to one survey , organizations that moved beyond piloting automation achieved an average cost reduction of 32% in their targeted areas.

Cost-Benefit 97

Cost-Benefit Advertising Uncertainty Strategy 97

IBM Big Data Hub

AUGUST 31, 2023

The Copernicus Programme also reports that multiple global heat records were broken in July 2023. The global average cost of a data breach in 2023 was USD 4.45 VTLs offer numerous benefits for IBM Power Virtual Server environments: They help automate backup and recovery processes to eliminate user disruption.

Cost-Benefit 62

Cost-Benefit Strategy Risk Optimization 62

IBM Big Data Hub

FEBRUARY 7, 2024

And they could drive economic gains: Research shows markets for carbon-neutral goods and services may be worth $10.3 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.

Reporting 89

Reporting Internet of Things Cost-Benefit Data-driven 89

CIO Business Intelligence

MARCH 19, 2024

According to NTT DATA’s 2023 Global Employee Experience Trends Report , nearly 60% of employees around the world are now working remotely all or some of the time – and India is no exception. By using less space more efficiently, they can reduce rental, maintenance and utility costs as well as their carbon footprint.

Cost-Benefit 69

Cost-Benefit Reporting Technology Optimization 69

IBM Big Data Hub

AUGUST 16, 2023

Gartner predicted that cloud spending would reach nearly $600 billion by the end of 2023. There are many reasons why organizations have embraced cloud services, including improved efficiencies, cost savings, scalability, flexibility and quicker time-to-market.

Cost-Benefit 64

Cost-Benefit Data Processing Optimization Software 64

CIO Business Intelligence

DECEMBER 20, 2023

The global delivery software market is expected to reach USD 3113.16 million by 2028, growing at a CAGR of 7.35% from 2023 to 2028. This integration brings forth a suite of tangible benefits. Optimizing service efficiency with smooth, rapid transactions elevates overall customer satisfaction.

Software 111

Software Deep Learning B2B Cost-Benefit 111

IBM Big Data Hub

AUGUST 15, 2023

In 2023, TCS was selected to FORTUNE® magazine’s list of the World’s Most Admired Companies. Our partnership benefits from IBM’s expertise in cloud computing , artificial intelligence (AI) and analytics, and TCS’s experience in digital transformation, consulting and cloud-engineering services.

Consulting 58

Consulting Cost-Benefit Digital Transformation Testing 58

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 89

Cost-Benefit Modeling Manufacturing Interactive 89

IBM Big Data Hub

JUNE 30, 2023

Optimize your maintenance inventory. As an added benefit, this can reduce working capital tied up to carrying high M&R part inventory levels. ​ Ensuring improved performance by proving out fulfillment scenarios prior to go-live​ Intelligently balancing omnichannel fulfillment costs against service to protect margins.

Consulting 67

Consulting Cost-Benefit Manufacturing B2B 67

IBM Big Data Hub

JANUARY 11, 2024

In this article, we’re going to look at some common threats and how disaster recovery plans (DRPs) and solutions can optimize preparedness. The benefits of business disaster recovery Disasters can cause all kinds of problems for businesses. million—a 15% increase over the last 3 years.

Cost-Benefit 93

Cost-Benefit Risk Enterprise Software 93

IBM Big Data Hub

JULY 27, 2023

IBM Partner Plus is a learning engine that unlocks the power of AI At the start of 2023 we introduced IBM Partner Plus , emphasizing expertise as the path to partner growth. Further enhancing the experience of partners, this month we implemented new co-marketing benefits that optimize the funds available at each program tier.

Cost-Benefit 56

Cost-Benefit Enterprise Marketing Technology 56