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. As a community, we keep sharing information and we stay on top of developments to realize the maximum benefits of HPC.

Cost-Benefit 59

Cost-Benefit Machine Learning Modeling Uncertainty 59

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. Are we taking advantage of cloud-native benefits?

Strategy 145

Strategy Cost-Benefit IT Key Performance Indicator 145

CIO Business Intelligence

APRIL 5, 2023

Employers benefitted too, releasing some of their real estate for savings on facility costs and reducing travel expenses. In 2023, 58% of knowledge workers in the United States will continue to be able to work remotely at least one day a week, while 38% will continue as full-time remote workers. ©2023 Intellyx LLC.

Cost-Benefit 115

Cost-Benefit Metrics Measurement Digital Transformation 115

IBM Big Data Hub

APRIL 25, 2024

This blog outlines some BPR examples that benefit from a BPM methodology. Benefits: Improved efficiency Reduced cost Enhanced transparency Customer relationship management (CRM) BPR is a pivotal strategy for organizations that want to overhaul their customer relationship management (CRM) processes.

Cost-Benefit 64

Cost-Benefit Finance Optimization Key Performance Indicator 64

CIO Business Intelligence

APRIL 28, 2022

According to a Deloitte report , 73% of respondents said their organizations have embarked on a path to intelligent automation and they predict that robotic process automation (RPA) will reach almost universal adoption sometime in 2023. Understand the cost. How much labor will be saved with the implementation of automation?

Cost-Benefit 96

Cost-Benefit Insurance Metrics Software 96

CIO Business Intelligence

APRIL 12, 2023

All of this needs to work cohesively in a real-time ecosystem and support the speed and scale necessary to realize the business benefits of real-time AI. Real-time AI is a science project until benefits to the business are realized. What metrics are used to understand the business impact of real-time AI? It isn’t easy.

Machine Learning 144

Machine Learning Cost-Benefit Data-driven Strategy 144

Smart Data Collective

JULY 4, 2023

It is easy to see why this is an important topic of conversation in 2023. Tools like Selenium can help automate many of these tasks with the benefits of AI. Reporting and analytics: digitization removes manual paperwork-based record keeping and provides instant insights on costs, timelines, and other performance metrics.

Technology 74

Technology Software Data-driven Measurement 74

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 101

Reporting Cost-Benefit Internet of Things Data-driven 101

FineReport

MAY 25, 2023

An HR dashboard functions as an advanced analytics tool that utilizes interactive data visualizations to present crucial HR metrics. KPIs and Metrics of an HR Dashboard A human resources dashboard should incorporate various essential metrics that offer a comprehensive organizational overview. What is an HR Dashboard?

Dashboards 52

Dashboards Metrics Cost-Benefit Key Performance Indicator 52

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

JULY 7, 2023

As an IT management framework, ITIL can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. As of 2023, ITIL 4 has been fully rolled out and Axelos announced the discontinuation of ITIL 3 at the start of 2022.

Cost-Benefit 98

Cost-Benefit Strategy Management Uncertainty 98

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 143

Cost-Benefit Metrics Insurance Measurement 143

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. Working capital serves as a metric that evaluates a company’s liquidity, operational efficiency, and short-term financial well-being.

Dashboards 52

Dashboards Key Performance Indicator Metrics Visualization 52

Cloudera

JANUARY 14, 2021

Blended use brick and mortar enable better pricing and convenience to consumers than digital pure-plays, and physical stores now serve as micro-fulfillment centers—through BOPIS (buy online, pick-up in-store) or curbside delivery—and drive down overall cost-to-serve. Reinventing Brick and Mortar is Delivering Fresh Customer Experiences.

Cost-Benefit 70

Cost-Benefit Digital Transformation Sales IoT 70

CIO Business Intelligence

NOVEMBER 6, 2023

Gallup estimates that this phenomenon cost the economy $7.8 According to the Gallup State of the Global Workforce 2023 Report , 41% of respondents attributed their lack of engagement to leadership and the workplace culture. When you get rewards right, however, you will reap near instant benefits, according to Gallup.

Measurement 133

Measurement Cost-Benefit Management Metrics 133

AWS Big Data

NOVEMBER 14, 2023

They love how they can easily stream data with no underlying servers to provision or manage, operate at a massive scale with consistent performance, achieve high resiliency and durability, and benefit from broad integration with myriad sources and sinks to ingest and process data respectively. This is why Kinesis Data Streams is a good fit.

IoT 56

IoT Data-driven Data Lake Data Strategy 56

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 145

Digital Transformation Measurement Data-driven Metrics 145

CIO Business Intelligence

NOVEMBER 17, 2023

Managed service provider business model Managed service providers structure their business to offer technology services cheaper than what it would cost an enterprise to perform the work itself, at a higher level of quality, and with more flexibility and scalability.

Management 130

Management IT IoT Cost-Benefit 130

IBM Big Data Hub

FEBRUARY 2, 2024

A 2023 report found that global investment in green or low-carbon energy sources exceeded USD $1 trillion, 1 while advanced data collection tools and artificial intelligence (AI) are helping to better monitor emissions and inform sustainability strategy. Today, sustainability efforts are being shaped by new urgency and new technology.

Optimization 98

Optimization Cost-Benefit Strategy Technology 98

CIO Business Intelligence

AUGUST 15, 2023

In increasingly politicized times, easily performing RLAs can provide a measure of confidence to the interested voter that elections are being run properly.” And it yields multiple business metric improvements, such as limiting surplus inventory. The project also ensures technicians’ comfort and safety as they service customers.

IT 98

IT Manufacturing IoT Cost-Benefit 98

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. 3) The Growing Need For API Connections.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

BizAcuity

MARCH 8, 2019

Workforce Analytics in simple terms can be defined as an advanced set of software and methodology tools that measures, characterizes, and organizes sophisticated employee data and these tools helps in understanding the employee performance in a logical way. For the event industry the benefits of workforce analytics approach include-.

Analytics 73

Analytics Prescriptive Analytics Cost-Benefit Metrics 73

IBM Big Data Hub

OCTOBER 16, 2023

The Digital India Bill 2023 aims to replace India’s existing Information Technology Act of 2000 and provide comprehensive oversight of the digital landscape. The application of security measures and standardization of control and audit might benefit the organization even if the location regulations are not too strong.

Cost-Benefit 74

Cost-Benefit Data Governance Risk Data-driven 74

datapine

SEPTEMBER 4, 2023

Table of Contents 1) The Benefits Of Data Visualization 2) Our Top 27 Best Data Visualizations 3) Interactive Data Visualization: What’s In It For Me? Our Top 27 Best Data Visualizations Now that we’ve outlined the clear-cut benefits, let’s explore our 27 best data visualization examples from experts worldwide.

Interactive 264

Interactive Visualization Cost-Benefit Dashboards 264

erwin

JANUARY 10, 2024

You’ll see the benefits your organization can derive from its own data and the central role that your data intelligence software plays in the effort. Infonomics: Treating data as an actual asset It’s an axiom that data is valuable, but few companies ever make the effort to measure how valuable it is. And the payoff is considerable.

Measurement 59

Measurement Cost-Benefit Data Governance Management 59

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

Jet Global

JUNE 23, 2023

A government key performance indicator (KPI) is a quantifiable measure that the public sector uses to evaluate its performance. The constituents cannot hold their government responsible without having access to periodic reporting on key performance metrics. What are Government KPIs?

Reporting 52

Reporting KPI Metrics Measurement 52