CIO Business Intelligence

JANUARY 23, 2023

Companies and governments are aware of the benefits of new technologies and digitization: optimizing costs and operating resources, ensuring customer satisfaction, attracting new customers, and gaining a competitive advantage through digital adoption. The Middle East is on the edge of a massive digital disruption.

IoT 111

IoT Strategy Cost-Benefit Digital Transformation 111

CIO Business Intelligence

JUNE 26, 2023

billion to help enterprises optimize their IT expenditure, particularly cloud costs, as they try to navigate uncertain macroeconomic conditions. Apptio, which has over 1,500 enterprise customers, also integrates with technology from AWS, Microsoft Azure, Salesforce, Google Cloud, Oracle, Salesforce and SAP.

Optimization 65

Optimization Cost-Benefit IT Consulting 65

Smart Data Collective

NOVEMBER 4, 2021

One of the most important applications of big data is with geolocation technology. 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.

Optimization 109

Optimization Big Data Cost-Benefit Manufacturing 109

IBM Big Data Hub

APRIL 22, 2024

IBM is dedicated to the responsible development and deployment of this technology, which can enable our clients to meet their sustainability goals. “But it’s important to reap these benefits while minimizing the environmental impact. . In our 2023 Impact Report , we reported that 70.6%

Cost-Benefit 88

Cost-Benefit Modeling Manufacturing Reporting 88

Smart Data Collective

JANUARY 30, 2023

Every year, we hear new stories about how artificial intelligence technology is becoming more integral to the marketing profession. However, there are other benefits of AI in marketing that get less publicity. AI technology is the backbone of many modern marketing strategies. One of them is the use of AI in PPC marketing.

Advertising 98

Advertising Cost-Benefit Marketing Strategy 98

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. 3- Continued move to the public cloud and hybrid cloud, optimizing deployments. 1- Treating data as a strategic business asset .

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

CIO Business Intelligence

JANUARY 20, 2023

To adapt to this new “new normal,” organizations will need to reinforce their workforces with technologies that can keep pace. Companies benefit by keeping or acquiring geographically-dispersed top talent often attracted to a flexible work environment. Additionally, VDI can reduce operational costs in two ways.

Technology 59

Technology Cost-Benefit Deep Learning Modeling 59

IBM Big Data Hub

MAY 17, 2024

” Given the statistics—82% of surveyed respondents in a 2023 Statista study cited managing cloud spend as a significant challenge—it’s a legitimate concern. Optimized: Cloud environments are now working efficiently and every new use case follows the same foundation set forth by the organdization.

Modeling 96

Modeling Cost-Benefit Optimization Digital Transformation 96

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. Fortunately, the HPC community is both collaborative and transparent in our work to apply and advance supercomputing technologies.

Cost-Benefit 59

Cost-Benefit Machine Learning Modeling Uncertainty 59

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 140

Digital Transformation Unstructured Data Machine Learning Risk Management 140

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

Jen Stirrup

AUGUST 18, 2023

92% of oil & gas companies are diving into AI, bridging efficiency gaps with transformative technology, according to a recent Forbes article , and now is the time to participate in shaping the energy industry’s future. From a cost perspective, AI keeps reducing downtime.

Optimization 96

Optimization Cost-Benefit IoT Data-driven 96

O'Reilly on Data

APRIL 23, 2024

The answer can be found in the theory of economic rents, and in particular, in the kinds of rents that are collected by companies during different stages of the technology business cycle. But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. What Is Economic Rent? They start to collect robber baron rents.

Advertising 279

Advertising Cost-Benefit Marketing Risk 279

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. It includes everything from product development and strategic decision-making to information systems and new technologies.

Strategy 81

Strategy Management Forecasting Cost-Benefit 81

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 69

Management Cost-Benefit Optimization ROI 69

Timo Elliott

FEBRUARY 8, 2023

New cloud platform technologies have unleashed new opportunities for business model innovation. ActoVent in Germany is a great example of this trend, and has explained the technical and business opportunities in their entry to the SAP Innovation Awards 2023. Over 70% is for the energy costs of the filter.

Modeling 98

Modeling Cost-Benefit Optimization Machine Learning 98

CIO Business Intelligence

MAY 21, 2024

Examples include Google Gato, OpenAI GPT-4o, Microsoft LLaVA, Nvidia NeVA, Vicuna, BLIP2, and Flamingo, IDC notes. Northwestern Medicine’s Advanced Technologies Group collaborated with Dell’s AI Innovation team to build a proprietary multimodal LLM that can interpret chest X-ray images and create a summarization of key findings. “The

IT 125

IT Cost-Benefit Experimentation Forecasting 125

IBM Big Data Hub

SEPTEMBER 12, 2023

The UK government’s Ecosystem of Trust is a potential future border model for frictionless trade, which the UK government committed to pilot testing from October 2022 to March 2023. The models also reduce private sector customs data collection costs by 40%.

Testing 84

Testing Modeling Cost-Benefit Consulting 84

CIO Business Intelligence

JULY 17, 2023

Just as investors play financial markets, IT leaders navigate technology trends. Like investors, they seek optimal outcomes while minimizing risks. This includes migrating to different tools, based on changing requirements such as performance, latency, resiliency, and security, as well as cost efficiency.

Cost-Benefit 75

Cost-Benefit Optimization ROI Strategy 75

CIO Business Intelligence

JANUARY 3, 2024

AI can help optimize processes in many different ways, for example: customers’ speech and text into different languages, dialects, or accents. They have created a joint solution that combines Amazon Connect with additional features from IBM Consulting to optimize and personalize customer communication.

Insurance 109

Insurance B2B Consulting Cost-Benefit 109

CIO Business Intelligence

NOVEMBER 27, 2023

How can CIOs deliver accurate, trustworthy AI without the energy costs and carbon footprint of a small city? Six tips for deploying Gen AI with less risk and cost-effectively The ability to retrain generative AI for specific tasks is key to making it practical for business applications.

Risk 123

Risk Cost-Benefit Modeling Optimization 123

CIO Business Intelligence

DECEMBER 29, 2023

With the merging of operational efficiency and embracing new technologies, today’s CIOs are under increasing pressure to do more with less and become both technologists and business leaders, says Sunny Azadeh, CIO at digital services company GlobalLogic. “In

Cost-Benefit 133

Cost-Benefit Digital Transformation Consulting Strategy 133

CIO Business Intelligence

APRIL 11, 2024

Digital communications like video and chat, automation and AI, mobility, and so much more are now expected, especially after the pandemic: 94% of state technology leaders agree that COVID increased the demand for digital government services. In 2023, nearly one-third of U.S. Why should governments and the public sector innovate?

Cost-Benefit 92

Cost-Benefit Predictive Analytics Data-driven Risk 92

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 122

IT Uncertainty Cost-Benefit Strategy 122

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. There are other risks, too.

Strategy 141

Strategy Cost-Benefit IT Key Performance Indicator 141

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. At the same time, they are defunding technologies that no longer contribute to business strategy or growth. It’s not a stretch to say that across the board, CIOs are continuing to invest in some form of AI.

IT 145

IT Insurance Machine Learning Marketing 145

CIO Business Intelligence

NOVEMBER 1, 2023

SAP has unveiled new tools to build AI into business applications across its software platform, including new development tools, database functionality, AI services, and enhancements to its Business Technology Platform, BTP. The real benefit may be in the governance capabilities rather than the collaboration. “For

Enterprise 129

Enterprise Cost-Benefit Unstructured Data Software 129

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

AWS Big Data

NOVEMBER 27, 2023

Today, we’re excited to bring the benefits of Graviton3 to Kafka workloads, with Amazon MSK now offering M7g instances for new MSK provisioned clusters. These performance improvements, along with M7g’s lower prices provide up to 24% in compute cost savings over M5 instances. Gbps up to 10 Gbps M7g.xlarge 4 16 GiB up to 12.5

Cost-Benefit 97

Cost-Benefit Optimization Testing Management 97

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 123

IT Cost-Benefit Digital Transformation Software 123

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 96

Cost-Benefit Insurance Software Finance 96

CIO Business Intelligence

OCTOBER 23, 2023

CIOs and their IT teams have enjoyed a bump in power and prestige in recent years, as the C-suite has embraced continuous transformation, digital everything, and a host of emerging technologies — all enabled by IT. This reinvention goes beyond the adoption of cloud, agile development principles, and cutting-edge technologies.

IT 132

IT Consulting Scorecard Key Performance Indicator 132

CIO Business Intelligence

DECEMBER 17, 2023

The most practical solution to this problem is to implement AI technologies that help you embrace the challenge of doing more with less while opening the door to new CX innovation. In a 2023 study conducted by LivePerson , 20% of customers said they would never wait on hold and would instead opt for an AI-led conversation.

Management 127

Management Cost-Benefit Interactive Optimization 127

CIO Business Intelligence

NOVEMBER 8, 2023

It’s no wonder that technology has long been at the center of Union Pacific success, achieving incredible efficiency that is at the backbone of business operations for all Americans. Business operations and technology are no different. Union Pacific had over 100 custom applications.

Cost-Benefit 113

Cost-Benefit Digital Transformation Data-driven Finance 113

Smart Data Collective

JANUARY 16, 2023

Companies around the world are projected to spend over $300 billion on machine learning technology by 2030. 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. You might have heard about the new ChatGPT tool.

Machine Learning 120

Machine Learning Marketing Cost-Benefit Optimization 120

IBM Big Data Hub

FEBRUARY 26, 2024

This week, as thousands of network operators, technology vendors, and mobile device providers from all over the world converge on Barcelona for Mobile World Congress , it’s the perfect time to discuss how IBM® is shaping the future of network operations and telecommunications.

Revenue Optimization 92

Revenue Optimization Cost-Benefit Enterprise Optimization 92

IBM Big Data Hub

JUNE 5, 2024

The average lost business cost following a data breach was USD 1.3 million in 2023, according to IBM’s Cost of a Data Breach report. With the rapid emergence of real-time payments, any downtime in payments connectivity can be a significant threat.

Cost-Benefit 48

Cost-Benefit Strategy Enterprise Measurement 48