CIO Business Intelligence

FEBRUARY 16, 2024

For most organizations, a shift to the cloud brings scalability, access to innovative tools, and the possibility of cost savings. When you’re introducing many new applications, the ease of getting them up and running and lowered costs [on the cloud] is tremendously beneficial,” he says. An early partner of Amazon, the Roseburg, N.J.-based

Digital Transformation 116

Digital Transformation Experimentation Cost-Benefit Machine Learning 116

CIO Business Intelligence

AUGUST 1, 2023

For a good night’s sleep Today, agribusinesses, including farmers, must deal with domestic and global competition, shrinking resources, rising material and transportation costs, labor shortages, environmental issues and regulations, and more. Technology is the path to benefit the entire ecosystem.” Reaping those benefits More than 5.8

Cost-Benefit 98

Cost-Benefit ROI Digital Transformation Marketing 98

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 75

Analytics Cost-Benefit ROI Business Objectives 75

IBM Big Data Hub

APRIL 18, 2024

While these large language model (LLM) technologies might seem like it sometimes, it’s important to understand that they are not the thinking machines promised by science fiction. Most experts categorize it as a powerful, but narrow AI model. A key trend is the adoption of multiple models in production.

Cost-Benefit 95

Cost-Benefit Modeling Manufacturing Interactive 95

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.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

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

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. Those benefits go away when a business sponsor is MIA. In other words, IT project failure now is more about missed marks than technological disasters.

IT 136

IT Cost-Benefit Management ROI 136

IBM Big Data Hub

JUNE 23, 2023

Though AI adoption may seem daunting, the flexibility and scalability of emerging foundational models will most certainly accelerate AI adoption as enterprises are empowered to put AI to work at the strategic core of F&A processes. What is generative AI, what are foundation models, and why do they matter?

Finance 64

Finance Reporting Cost-Benefit Modeling 64

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. Errors can originate from various sources, including data collection, integration, models, visualization, governance, and security.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

IBM Big Data Hub

JUNE 2, 2023

IBM Asset Analysis Renovation Catalyst (AARC) automatically extracts the rules from the COBOL application source code and generates a knowledge model, which is then deployed into a rules engine like IBM Operational Decision Manager , Pega, etc. Empower end users with self-service catalog management. city agency serving 19M citizens.

Consulting 86

Consulting Cost-Benefit Technology ROI 86

CIO Business Intelligence

MAY 1, 2024

Gen AI takes us from single-use models of machine learning (ML) to AI tools that promise to be a platform with uses in many areas, but you still need to validate they’re appropriate for the problems you want solved, and that your users know how to use gen AI effectively.

Cost-Benefit 143

Cost-Benefit Metrics Insurance Measurement 143

Timo Elliott

NOVEMBER 30, 2022

My role was to talk about the trends and opportunities for 2023, for customers, SAP, and our partners. IDC calls it the Future Enterprise , Forrester talks about Future Fit organizations, and Gartner explains the benefits of the Composable Enterprise. Innovating Faster. Analysis to Action. It’s all about profits AND purpose.

Recreation/Entertainment 98

Recreation/Entertainment Metadata Data Warehouse Cost-Benefit 98

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

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. The Dupont analysis model comprises three key components: profit margin, asset turnover, and equity multiplier.

Dashboards 52

Dashboards Key Performance Indicator Metrics Visualization 52

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 130

Digital Transformation Cost-Benefit ROI Manufacturing 130

CIO Business Intelligence

MAY 13, 2024

In contrast, CEOs didn’t even list AI in their top 10 priorities for CIOs in 2023. Nevins says many companies have struggled to articulate anticipated ROIs from their AI investments, even those investments that leverage AI tools built into existing enterprise software. 3, according to the State of the CIO survey.

IT 131

IT Digital Transformation ROI Strategy 131

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 100

Data Processing Cost-Benefit Software Digital Transformation 100

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. Flexible payment options: Businesses don’t have to go through the expense of purchasing software and hardware.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

IBM Big Data Hub

MAY 9, 2023

The answer is that generative AI leverages recent advances in foundation models. Unlike traditional ML, where each new use case requires a new model to be designed and built using specific data, foundation models are trained on large amounts of unlabeled data, which can then be adapted to new scenarios and business applications.

Data Warehouse 109

Data Warehouse Cost-Benefit Machine Learning Modeling 109

IBM Big Data Hub

SEPTEMBER 11, 2023

Codd published his famous paper “ A Relational Model of Data for Large Shared Data Banks.” Thus, was born a single database and the relational model for transactions and business intelligence. Db2 (LUW) was born in 1993, and 2023 marks its 30th anniversary. In 1969, retired IBM Fellow Edgar F.

Machine Learning 90

Machine Learning Cost-Benefit IoT Data Warehouse 90

Smart Data Collective

SEPTEMBER 6, 2020

A growing number of ecommerce platforms have expressed the benefits of data analytics technology and incorporated them into their solutions. Essential Benefits of Big Data in Ecommerce Applications. trillion by 2023 and constitute 17% of all B2B sales. There’s more to the total cost of ownership than the cost of licensing.

B2B 107

B2B Data Analytics Analytics Cost-Benefit 107

IBM Big Data Hub

AUGUST 15, 2023

To overcome these challenges will require a shift in many of the processes and models that businesses use today: changes in IT architecture, data management and culture. Here are some of the ways organizations today are making that shift and reaping the benefits of AI in a practical and ethical way.

IT 80

IT Data Governance Modeling Cost-Benefit 80