CIO Business Intelligence

MAY 16, 2023

In some instances, organizations undertook a thoughtful and planned approach to their multicloud strategies. Many found these environments difficult to manage, govern and modernize, all while controlling costs. All these challenges limited the benefits the multicloud model was supposed to unlock. What is multicloud by design?

Strategy 91

Strategy Cost-Benefit Optimization Modeling 91

CIO Business Intelligence

JULY 31, 2023

Just look at the stats:Some 45% of 2,500 executives polled for a May 2023 report from research firm Gartner said the publicity around ChatGPT prompted them to increase their AI investments, 70% said their organization is already exploring gen AI, and 19% are in actual pilot or production mode. This is an issue for CIOs.

Strategy 98

Strategy Risk Enterprise Risk Management 98

CIO Business Intelligence

NOVEMBER 8, 2023

It is estimated by the end of 2023, 31% of organizations expect to run 75% of their workloads 2 in the cloud. 1 The rapid migration to the public cloud comes with numerous benefits, such as scalability, cost-efficiency, and enhanced collaboration. 6 On top of that, the average cost of a data breach is over $4.4

Cost-Benefit 133

Cost-Benefit Risk Digital Transformation Reporting 133

CIO Business Intelligence

MARCH 25, 2024

This article explores how CIOs can address each of their CFO’s key concerns when moving away from project-based teams to persistent funding, including the need to better track ROI, reduce risk, and reduce cost. The persistent teams used a benefits delivery roadmap, which outlined the SMART benefits to be delivered throughout the year.

Modeling 123

Modeling Cost-Benefit IT ROI 123

CIO Business Intelligence

APRIL 18, 2024

A new breed of AI assistant has set its sights on the enterprise user in recent months, with Microsoft and other vendors promising huge productivity gains that offset the cost. Its Copilot for Microsoft 365, a high-profile offering among the growing list of AI agents, costs $30 per seat per month, with a 300-seat minimum. No,” he says.

Cost-Benefit 138

Cost-Benefit ROI Sales Enterprise 138

Jet Global

JUNE 22, 2023

Blogs Podcasts Whitepapers and Guides Tools and Calculators Webinars Sample Reports The Evolution of the CFO into the Chief Data Storyteller View Insight Now Our Favorite CFO Blogs The Venture CFO Blog Link: [link] Are you looking for blog posts for CFOs by CFOs? It is viewed as a burden that costs companies money.

KPI 105

KPI Finance Dashboards Digital Transformation 105

Jet Global

AUGUST 18, 2023

Tasked with managing an organization’s financial status, strategy, and analyzing the business environment, professionals in the industry must maintain accuracy while struggling with outdated, manual processes, rapid digitization, and swiftly changing regulations. Counter-intuitively, reduced budgets often mean more work for finance teams.

Finance 52

Finance Reporting Uncertainty Operational Reporting 52

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. How this strategy looks depends on the organization’s unique business needs as one affects the other.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

CIO Business Intelligence

MARCH 6, 2024

Manufacturing in particular has become a bigger target for bad actors; in fact, it was one of the sectors most impacted by extortion attacks, according to Palo Alto Networks’ 2023 Unit 42 Extortion and Ransomware Report. The second business benefit is cost savings. The third benefit is the reduction of downtime.

ROI 125

ROI Manufacturing Cost-Benefit IoT 125

CIO Business Intelligence

FEBRUARY 29, 2024

Everest Group, which monitors 8,500 captive centers around the world, counted 452 new setups in 2023. Captive centers are no longer just means of value creation, providing cost savings and driving process standardization. The upside of captives today Some benefits of captive centers are the same as ever.

Cost-Benefit 114

Cost-Benefit Risk Modeling Strategy 114

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 129

IT Uncertainty Cost-Benefit Strategy 129

CIO Business Intelligence

JULY 27, 2023

As we closed out 2022 and began 2023, VMware’s Research and Insights organization interviewed more than 450 technology executives to get their candid views on the topics that present enterprises with the greatest opportunities and challenges. More information on the multi-cloud strategy VMware enables can be found here. Multi Cloud

Enterprise 85

Enterprise Cost-Benefit Strategy Reporting 85

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 129

IT Cost-Benefit Digital Transformation Software 129

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

CIO Business Intelligence

DECEMBER 18, 2023

Developing generative AI implementation strategies will be imperative for technology leaders, prioritizing key areas such as business model building, internal operational improvements, risk mitigation, and overall organizational efficiency. In 2023, leading organizations in the region shifted gears towards DX 2.0,

Cost-Benefit 98

Cost-Benefit Risk Strategy Manufacturing 98

IBM Big Data Hub

NOVEMBER 30, 2023

The cyberthreat landscape is evolving and countries such as India are facing an alarming rate of increase in cyberattacks ( Q2 of 2023 saw a 90% increase ). Businesses, regardless of their size, are recognizing the importance of a solid security strategy—especially having a strong SOC.

Cost-Benefit 72

Cost-Benefit Digital Transformation Data-driven Strategy 72

CIO Business Intelligence

JANUARY 9, 2024

IT leaders say they’re discussing everything from the costs of AI implementations to whether AI is the existential threat to humanity some fear. The October 2023 CEO Outlook Pulse from professional services firm EY reported that 99% of chief executives were planning to invest in generative AI. back for every $1 invested in AI.

IT 130

IT Risk Cost-Benefit Enterprise 130

IBM Big Data Hub

FEBRUARY 7, 2024

Advanced technologies, more stringent reporting standards and stronger support from stakeholders are building momentum for eco-friendly initiatives and the incentives that encourage them. Sustainability reporting: Accountability on the record This may be the biggest year yet in sustainability reporting.

Reporting 97

Reporting Cost-Benefit Internet of Things Data-driven 97

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 138

Cost-Benefit Digital Transformation Consulting Strategy 138

CIO Business Intelligence

OCTOBER 23, 2023

As a result, most IT functions have seen budget increases, support for more staff, and higher involvement in shaping enterprise strategy , according to multiple reports. Consider the findings of a report from professional services firm Accenture. Strategies to transform IT for digital success include the following.

IT 136

IT Consulting Scorecard Key Performance Indicator 136

IBM Big Data Hub

MARCH 27, 2024

Other leaders remind you that the company’s primary allegiance is to the bottom line and that your solution needs to be cost-effective and “thread the needle” by providing the most return for the least investment possible. Development costs to survey the land, clear the site and prepare it for construction.

Cost-Benefit 107

Cost-Benefit Internet of Things Recreation/Entertainment Marketing 107

O'Reilly on Data

APRIL 23, 2024

But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. Back in 1971, in a talk called “ Designing Organizations for an Information-rich World ,” political scientist Herbert Simon noted that the cost of information is not just money spent to acquire it but the time it takes to consume it. “In

Advertising 270

Advertising Cost-Benefit Marketing Risk 270

CIO Business Intelligence

SEPTEMBER 11, 2023

Supported by the nation’s Labor Fund Tamkeen, it also benefits from a workforce that is young, highly skilled, bi-lingual and tech savvy alongside a diverse expat talent pool offering a global perspective. The long-term plan kicked off in 2007 with a strategy to digitise government. Read the full report now.

Digital Transformation 99

Digital Transformation Cost-Benefit Strategy Statistics 99

CIO Business Intelligence

DECEMBER 19, 2023

Cyber hygiene best practices include device security , cyber security education , and secure networking strategies. Customers in rural areas with minimal or no wired broadband options can benefit from a fixed wireless solution.

Cost-Benefit 96

Cost-Benefit Risk Technology Forecasting 96

IBM Big Data Hub

FEBRUARY 6, 2024

Organizations that neglect to develop reliable cyber and disaster recovery strategies expose themselves to a broad range of threats that can have devastating consequences. Reduced costs from unplanned events: Cyber and disaster recovery can be expensive, with critical assets like employees, data and infrastructure being threatened.

Cost-Benefit 96

Cost-Benefit Testing Risk Strategy 96

Jen Stirrup

FEBRUARY 24, 2024

Artificial Intelligence revolutionizes large and small businesses with automation, data analysis, and improved customer experiences, offering cost savings and a competitive edge. Artificial Intelligence is transforming industries and everyday lives, but how can it benefit small businesses? What is AI?

Cost-Benefit 70

Cost-Benefit Data-driven Testing Risk 70

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. This should secure our business strategy for the next five years and longer.”

IT 145

IT Insurance Machine Learning Marketing 145

IBM Big Data Hub

AUGUST 18, 2023

It focuses on providing a proven strategy around data protection and business continuity in case of advanced ransomware or cyberattacks, including scenarios where data is encrypted by ransomware. the average cost of a data breach was at its highest, reaching $9.48M. In the U.S., In the U.S.,

Cost-Benefit 79

Cost-Benefit Testing Strategy Risk Management 79

CIO Business Intelligence

APRIL 20, 2023

His concerns are backed up by the Intergovernmental Panel on Climate Change (IPCC), which on March 20, 2023, said it’s unlikely the world will keep to its Paris Climate Accord promises. CIOs in organizations already with ESG maturity adopt data management, ESG reporting, and risk tools. This will have a knock-on environmental benefit.

Consulting 96

Consulting Cost-Benefit Insurance Finance 96

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 89

Cost-Benefit Insurance Metrics Software 89

IBM Big Data Hub

JANUARY 11, 2024

Failover and failback both use data replication and are widely used in DR strategies for data centers and communication networks. 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 102

Cost-Benefit Risk Enterprise Software 102

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 67

Cost-Benefit Strategy Risk Optimization 67

CIO Business Intelligence

SEPTEMBER 25, 2023

Blueprint for change Rockwell’s transformation strategy was based on three pillars, the first of which involved evolving its focus from physical products sold in catalogs to business outcomes and experiences. They realize the result is significantly higher total cost of ownership,” the report’s authors conclude.

Modeling 104

Modeling Manufacturing Digital Transformation Cost-Benefit 104

datapine

NOVEMBER 11, 2021

1) Benefits Of Business Intelligence Software. d) Reporting Features. billion , paired with the fact that 33% of large-sized businesses will practice decision intelligence by 2023. Benefits Of Business Intelligence Software. Table of Contents. 2) Top Business Intelligence Features. a) Data Connectors Features.

Business Intelligence 213

Business Intelligence Dashboards Interactive Visualization 213

CIO Business Intelligence

OCTOBER 12, 2022

By Bryan Kirschner, Vice President, Strategy at DataStax. 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. About Bryan Kirschner : Bryan is Vice President, Strategy at DataStax.

Cost-Benefit 86

Cost-Benefit Uncertainty Advertising Strategy 86

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 59

Scorecard Cost-Benefit ROI IT 59

IBM Big Data Hub

JUNE 30, 2023

80% of manufacturers report MRO asset management in their facilities needs improvement 60% of construction companies admit their industry is behind when it comes to adopting digital technology 5 ways the industrial sector can improve its supply chain resiliency 1. Lower fulfillment shipping costs and improved customer satisfaction.

Consulting 71

Consulting Cost-Benefit Manufacturing B2B 71