CIO Business Intelligence

FEBRUARY 27, 2023

To understand how organizations may be approaching their cloud strategies and tech investments in 2023, members of VMware’s Tanzu Vanguard community shared their insights on what trends will take shape. According to Forrester , forty percent of firms will take a cloud-native first strategy.

Cost-Benefit 145

Cost-Benefit Digital Transformation Strategy Software 145

IBM Big Data Hub

SEPTEMBER 6, 2023

In a May 2023 survey carried out by IBM and Momentive.ai , 67% of CMOs reported that they plan on implementing generative AI in the next 12 months and 86% plan to do so within 24 months. Enterprise marketing teams stand to benefit greatly from generative AI, yet introduction of this capability will require new skills and processes.

Marketing 125

Marketing Strategy B2B Cost-Benefit 125

Timo Elliott

MAY 8, 2023

You can see the company’s winning submission document here , with lots of details about the business goals, technical infrastructure, benefits, and SAP products used. Petrobras works with mission critical industrial equipment to run operations at the Buzios field in Brazil, the world’s largest deep water reservoir.

IoT 103

IoT Cost-Benefit Machine Learning Risk 103

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

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

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 124

Modeling Cost-Benefit IT ROI 124

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. In fact, a few of the most common challenges include: Risk. 8 Complexity.

Cost-Benefit 135

Cost-Benefit Risk Digital Transformation Reporting 135

CIO Business Intelligence

MAY 8, 2024

For Expion Health, a cumbersome manual process to determine what rates to quote to potential new customers had become a cap on the healthcare cost management firm’s ability to grow its business. We take the financial risk for this, which means that if there is anything that’s misrepresented, the money comes from our pocket.”

IT 111

IT Cost-Benefit Insurance Unstructured Data 111

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 98

Strategy Cost-Benefit Optimization Modeling 98

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 116

Cost-Benefit Risk Modeling Strategy 116

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 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

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. Attacks against OT systems pose risks beyond financial losses. The second business benefit is cost savings.

ROI 126

ROI Manufacturing Cost-Benefit IoT 126

CIO Business Intelligence

APRIL 17, 2024

Organizations with subscription-based business models have not only survived the recent global economic challenges but have also outperformed their traditional, product-based counterparts, according to The Subscription Economy Index (SEI) report for 2023 by Zuora. against the latter’s 4.8%. against the latter’s 4.8%.

Broadcasting 111

Broadcasting Cost-Benefit Strategy Modeling 111

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 133

IT Cost-Benefit Digital Transformation Software 133

Jet Global

JUNE 22, 2023

Some of our most popular CFO backed posts: Best CFO KPIs and Dashboards for the 2023 CFO The Remote CFO’s Guide to Closing the Books from Home Crisis Planning for the Short and Long Term: Advice from Leading CFOs Generation CFO Link: [link] Generation CFO is not interested in the traditional operational structure of corporations.

KPI 105

KPI Finance Dashboards Digital Transformation 105

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

MAY 17, 2022

Even if the AI apocalypse doesn’t come to pass, shortchanging AI ethics poses big risks to society — and to the enterprises that deploy those AI systems. The following real-world implementation issues highlight prominent risks every IT leader must account for in putting together their company’s AI deployment strategy.

Risk 145

Risk Consulting Machine Learning Data Science 145

CIO Business Intelligence

JANUARY 3, 2024

AI First in the Contact Center IBM Consulting and Amazon Web Services (AWS) are working together to bring an AI-first strategy to contact center transformation. The solution is cloud based, scalable, cost-effective, and easy to implement and manage. This increases customer loyalty and revenue by providing added value for customers.

Insurance 126

Insurance B2B Consulting Cost-Benefit 126

CIO Business Intelligence

APRIL 11, 2024

Governments cannot put their head in the sand and ignore change, but they operate in a highly complex, data-sensitive environment and can’t afford to take on fundamental business risks in the name of innovation. In 2023, nearly one-third of U.S. What are the business benefits of innovation in government?

Cost-Benefit 105

Cost-Benefit Predictive Analytics Data-driven Risk 105

Smart Data Collective

MARCH 2, 2023

In 2023, big data Is no longer a luxury. However, there are even more important benefits of using big data during a bad economy. Big Data Can Help Companies Persevere in the Face of the Recession Big data technology can offer enormous benefits for companies. Big data offers many benefits for companies in any economy.

Big Data 82

Big Data Uncertainty Risk Data mining 82

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

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 110

Cost-Benefit Risk Strategy Manufacturing 110

IBM Big Data Hub

JUNE 30, 2022

The rise of data strategy. There’s a renewed interest in reflecting on what can and should be done with data, how to accomplish those goals and how to check for data strategy alignment with business objectives. Learn more about how to design and implement a data strategy that takes advantage of a hybrid multicloud landscape.

Data Strategy 59

Data Strategy Strategy Business Objectives Data-driven 59

CIO Business Intelligence

JULY 17, 2023

Professional investors factor in certain financial targets and risk tolerance as they pursue maximum ROI. 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 97

Cost-Benefit Optimization ROI Strategy 97

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.

IT 140

IT Risk Cost-Benefit Enterprise 140

IBM Big Data Hub

AUGUST 1, 2023

According to the IBM Security X-Force Threat Intelligence Index 2023 , for the second year in a row, phishing was the leading cyber threat, identified in 41% of incidents. Risk-based application patching helps IT pros discover vulnerable apps and automatically patch them based on the criticality of the situation.

Risk 61

Risk Management Machine Learning IoT 61

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

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. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. Specific types of sourcing minimize costs in different ways.

Cost-Benefit 90

Cost-Benefit Scorecard Risk Recreation/Entertainment 90

CIO Business Intelligence

MARCH 5, 2024

It’s better to do it quickly, like taking a Band-Aid off, even if it hurts for a short time,” he summed up at the recent Hamburg IT Strategy Days 2024. In addition, Fresenius experienced security risks first-hand. This strategy resulted in a long list of projects he pushed forward over two years. We can react faster.”

IT 105

IT Digital Transformation Cost-Benefit Strategy 105

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 102

Cost-Benefit Testing Risk Strategy 102

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 77

Cost-Benefit Digital Transformation Data-driven Strategy 77

IBM Big Data Hub

APRIL 25, 2024

This blog outlines some BPR examples that benefit from a BPM methodology. A comprehensive supply chain overhaul might involve rethinking procurement strategies, implementing just-in-time inventory systems, optimizing production schedules or redesigning transportation and distribution networks.

Cost-Benefit 64

Cost-Benefit Finance Optimization Key Performance Indicator 64

Cloudera

DECEMBER 19, 2023

Without a doubt, 2023 has shaped up to be generative AI’s breakout year. Earlier this month, I had the opportunity to lead a roundtable discussion at the PSN Government Innovation show ( 2023 Government Innovation Show – Federal – Public Sector Network ) in Washington, DC. Start with narrow, low-risk use cases.

Optimization 89

Optimization Cost-Benefit Unstructured Data Risk 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 108

Cost-Benefit Risk Enterprise Software 108

CIO Business Intelligence

DECEMBER 19, 2023

Cyber hygiene best practices include device security , cyber security education , and secure networking strategies. However, outdated operating systems can be more vulnerable to security risks because they may lack the latest security updates and patches, serving as an entry point for hackers to infiltrate networks.

Cost-Benefit 98

Cost-Benefit Risk Technology Forecasting 98

IBM Big Data Hub

DECEMBER 5, 2023

With the rise of highly personalized online shopping, direct-to-consumer models, and delivery services, generative AI can help retailers further unlock a host of benefits that can improve customer care, talent transformation and the performance of their applications. trillion on retail businesses through 2029. trillion in that year.

Unstructured Data 97

Unstructured Data Cost-Benefit Experimentation Machine Learning 97

CIO Business Intelligence

SEPTEMBER 7, 2023

Of the nearly 6,000 CIOs, CISOs, and CTOs who shared their insights for VMware’s Multi-Cloud Maturity Index , a global survey conducted by market-research firm Vanson Bourne, more than half believe the stakes are even higher: 53% say organizations that do not adopt a multi-cloud approach risk failure. There are also challenges.

Enterprise 105

Enterprise Management Cost-Benefit Optimization 105