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 58

Cost-Benefit Machine Learning Modeling Uncertainty 58

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 75

Management Cost-Benefit Optimization ROI 75

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. Professional investors factor in certain financial targets and risk tolerance as they pursue maximum ROI. Just as investors play financial markets, IT leaders navigate technology trends.

Cost-Benefit 81

Cost-Benefit Optimization ROI Strategy 81

CIO Business Intelligence

MARCH 23, 2023

So how can you request a new investment from your decision-makers while ensuring minimal costs and maximum ROI this year? Procurement professionals are skilled at negotiating contracts, identifying cost-saving opportunities, and evaluating vendors. Gartner recently cut their expected IT budget prediction from 5.1% to just 2.2%

Scorecard 58

Scorecard Cost-Benefit ROI IT 58

CIO Business Intelligence

AUGUST 1, 2023

As the market has expanded worldwide and become more sophisticated, so have the challenges facing farmers and their questions about how to move forward. What’s the market demand for chickens? Technology is the path to benefit the entire ecosystem.” That’s one of the benefits of Agrobit for agriculture.

Cost-Benefit 90

Cost-Benefit ROI Digital Transformation Marketing 90

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 83

Manufacturing Cost-Benefit Finance Marketing 83

CIO Business Intelligence

MAY 13, 2024

CEOs increasingly know and understand that,” says RJ Juliano, senior vice president, CIO, and chief marketing officer of Parkway Corp., In contrast, CEOs didn’t even list AI in their top 10 priorities for CIOs in 2023. Corporate and IT strategy are one, and technology is the tool to deliver strategic objectives.

IT 129

IT Digital Transformation ROI Strategy 129

Smart Data Collective

MARCH 23, 2023

AI technology offers a number of major benefits of small businesses and freelancers. The market for AI is projected to be worth nearly $1.6 We have talked about how businesses are using AI for marketing and tools like ChatGPT to create content more easily. Advanced AI algorithms can reduce costs, save time, and improve ROI.

Cost-Benefit 79

Cost-Benefit Insurance Advertising Consulting 79

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 77

Analytics Cost-Benefit ROI Business Objectives 77

Smart Data Collective

MARCH 23, 2023

Many people have called 2023 “the year of AI.” Some companies are interested in taking advantage of the benefits of existing AI tools like ChatGPT. The ROI of creating their own AI applications can be massive, but they still need to use them cost-effectively.

Software 115

Software Strategy Cost-Benefit Testing 115

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

IBM Big Data Hub

APRIL 4, 2024

In a report from Technavio (link resides outside ibm.com), the private cloud services market size is estimated to grow at a CAGR of 26.71% between 2023 and 2028, and it is forecast to increase by USD 619.08 Private cloud combines the main benefits of cloud computing—chiefly on-demand access to computing resources (e.g.,

Data Processing 95

Data Processing Cost-Benefit Software Digital Transformation 95

CIO Business Intelligence

FEBRUARY 7, 2023

In 2023, CIOs are guided to focus on enhancing workforce engagement, customer experience, and data and AI. Yet, it’s not uncommon for executives to cut costs in areas that actually improve customer experiences and also double-down on investments that can minimize them.

Uncertainty 113

Uncertainty Cost-Benefit Sales Reporting 113

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? Having moved IT from a cost center to a business enabler, some now set their sights on making it a “business catalyst.” “In

IT 144

IT Cost-Benefit Statistics Consulting 144

CIO Business Intelligence

MAY 26, 2023

When Reliance Polyester — a subsidiary of global conglomerate Reliance Industries — completed its acquisition of polyester business Shubhalakshmi Polyesters (SPL) in March 2023, Dr. Amrut Urkude, CIO of SPL, took over as CIO of Reliance Polyester. The aim is to integrate the two infrastructures by September 2023.

Interactive 96

Interactive Manufacturing Cost-Benefit ROI 96

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 92

Cost-Benefit Modeling Manufacturing Interactive 92

CIO Business Intelligence

SEPTEMBER 25, 2023

According to TEKsystems’ 2023 State of Digital Transformation , 41% of organizations’ digital transformation (DX) initiatives have failed to achieve their desired outcomes. Infosys’ Digital Radar 2023 report found that only 5% of enterprises currently have or are implementing a live data approach. Adya says many executives answer no.

Digital Transformation 144

Digital Transformation Measurement Data-driven Metrics 144

CIO Business Intelligence

APRIL 19, 2022

But the market demands something more, in the form of end-to-end automation capabilities that push beyond efficiency into other outcomes such as innovation, growth, and true business resiliency. The approach has value, evidenced by the size of the RPA and process mining markets. Automation is more than just about speed and cost.

Digital Transformation 107

Digital Transformation Insurance ROI Business Objectives 107

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 66

Cost-Benefit Data Processing Optimization Software 66

datapine

DECEMBER 11, 2019

SaaS is taking over the cloud computing market. 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. Gartner predicts that the service-based cloud application industry will be worth $143.7

Software 314

Software Cost-Benefit Data Processing Data-driven 314

IBM Big Data Hub

MAY 9, 2023

This results in both increased ROI and much faster time to market. For AI to be truly transformative, as many people as possible should have access to its benefits. With watsonx.data , businesses can quickly connect to data, get trusted insights and reduce data warehouse costs. Trust is one part of the equation.

Data Warehouse 107

Data Warehouse Machine Learning Cost-Benefit Metadata 107

CIO Business Intelligence

MAY 16, 2023

Files include everything from initial contract negotiations to performance reviews and benefit selections. Without modern technology, the HR team also does not have the benefit of push notifications. The return on investment (ROI) confirms they are making a smart decision. Yet, unstructured HR operations can be detrimental.

IT 52

IT Cost-Benefit ROI Digital Transformation 52

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. Well-built foundation models offer significant benefits; the use of AI can save businesses countless hours building their own models.

IT 78

IT Data Governance Modeling Cost-Benefit 78

IBM Big Data Hub

JUNE 2, 2023

AWS has the biggest cloud infrastructure services vendor market share worldwide, averaging around 33% as of Q4 2022. They led the modernization and migration of 29 user-facing applications, developing standardized DevOps, technology, and quality-assurance processes while modernizing and migrating three legacy applications to AWS by Q1 2023.

Consulting 83

Consulting Cost-Benefit Technology ROI 83

FineReport

MAY 31, 2023

In this article, we will explore the concept of a financial dashboard, highlight its numerous benefits, and provide various kinds of financial dashboard examples for you to employ and explore. In today’s dynamic business environment, gaining comprehensive visibility into financial data is crucial for making informed decisions.

Dashboards 52

Dashboards Key Performance Indicator Metrics Visualization 52