CIO Business Intelligence

MARCH 6, 2024

Operational technology (OT) organizations face increasing challenges when it comes to cybersecurity. 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. As Industry 4.0

ROI 120

ROI Manufacturing Cost-Benefit IoT 120

CIO Business Intelligence

MARCH 25, 2024

And they want to know exactly how much return on investment (ROI) can be expected when IT leaders make technology-related changes. Continuous and dependable funding facilitates IT leaders’ ability to deliver leading-edge technology solutions while not increasing technical debt. How does persistent funding reduce risk?

Modeling 118

Modeling Cost-Benefit IT ROI 118

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

CIO Business Intelligence

DECEMBER 19, 2023

Portland Opportunities Industrial Center and Rosemary Anderson High School (POIC + RAHS) has a long name, but a simple, powerful mission: helping at-risk youth and adults be safe and successful. And Verizon field personnel provide expertise and assistance that help the organization get the most impact and value from Verizon technology.

Risk 52

Risk Cost-Benefit Data Processing Technology 52

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

CIO Business Intelligence

MAY 30, 2024

One of our key directives was to audit procurement for all state agencies by the end of the calendar year 2023,” McIntosh says. “To The demand is coming from companies [that] have been told by strategy firms that they must cut costs to preserve margins. ALPI) is also benefiting from process mining. 31 deadline.”

IT 134

IT Cost-Benefit Key Performance Indicator Dashboards 134

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 141

Risk Consulting Machine Learning Data Science 141

Smart Data Collective

MARCH 2, 2023

Big data technology used to be a luxury for small business owners. In 2023, big data Is no longer a luxury. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. However, there are even more important benefits of using big data during a bad economy.

Big Data 82

Big Data Uncertainty Risk Data mining 82

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

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 109

Cost-Benefit Risk Modeling Strategy 109

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

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

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

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%.

Broadcasting 108

Broadcasting Cost-Benefit Strategy Modeling 108

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

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. The results are higher revenues, lower risks, and increased productivity for the bank. 1- Treating data as a strategic business asset .

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

CIO Business Intelligence

JANUARY 9, 2024

Few technologies have provoked the same amount of discussion and debate as artificial intelligence, with workers, high-profile executives, and world leaders waffling between praise and fears over AI. IT leaders say they’re discussing everything from the costs of AI implementations to whether AI is the existential threat to humanity some fear.

IT 122

IT Risk Cost-Benefit Enterprise 122

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 54

Risk Management Machine Learning IoT 54

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

IBM Big Data Hub

MAY 28, 2024

According to IBM’s Cost of a Data Breach , the global average cost to remediate a data breach in 2023 was USD 4.45 These data breaches can cost their victims in many ways. In May 2023, Ireland’s data protection authority imposed a USD 1.3 million, a 15 percent increase over three years.

Strategy 82

Strategy Measurement Risk Cost-Benefit 82

Smart Data Collective

MARCH 23, 2023

You have probably read a lot about the major changes brought on by AI technology in recent months. Many people have called 2023 “the year of AI.” For example, ChatGPT recently The Independent said that the technology is starting to show signs that it can think like humans.

Software 115

Software Strategy Cost-Benefit Testing 115

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. Without a clear cloud strategy and broad leadership support, even value-adding cloud investments may be at risk. Cloud costs will often — and rapidly — become large line items on budgets.

Strategy 141

Strategy Cost-Benefit IT Key Performance Indicator 141

CIO Business Intelligence

JULY 6, 2023

One thing is for sure – meeting ESG goals can drive value if it can be done consistently, with automation and minimal costs. They use integration and analytics tools from the SAP Business Technology Platform along with the PwC best practices to link with client systems and provide a tool to meet the needs of both the goals and the laws.

Cost-Benefit 72

Cost-Benefit Risk Digital Transformation Risk Management 72

CIO Business Intelligence

JANUARY 22, 2024

McKinsey & Company estimates that the annual increase of costs related to cybercrime will reach $10.5 trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue. The attack landscape has evolved to target critical infrastructure.

Digital Transformation 119

Digital Transformation Risk Cost-Benefit Risk Management 119

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. How has the past year changed the landscape for technology leaders?

Cost-Benefit 89

Cost-Benefit Risk Strategy Manufacturing 89

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. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Specific types of sourcing minimize costs in different ways.

Cost-Benefit 78

Cost-Benefit Scorecard Risk Recreation/Entertainment 78

CIO Business Intelligence

FEBRUARY 8, 2024

As technology evolves, individuals and the community collaborate to keep pace. No doubt, AI was the cutting-edge technology in 2023 that everyone was trying to keep pace with. Interacting with AI data or experiences in silos introduces risk and increases inefficiencies because it’s kept separate.

Cost-Benefit 110

Cost-Benefit Experimentation Interactive Risk 110

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

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

Jen Stirrup

MAY 22, 2024

Together, the progress seeks to empower developers, organizations, and individuals using Microsoft technologies, reflecting the company’s commitment to leading the way in the AI revolution. It is sound to align across Microsoft technologies with a focus on architecture. What are the risks of RAG for businesses?

Cost-Benefit 45

Cost-Benefit Risk Modeling Business Objectives 45

Cloudera

MARCH 26, 2024

The release of LLMs surged by 136% in 2023 compared to 2022, and this upward trend is projected to continue in 2024. How much is all this really going to cost? This release will remove the complexity from getting started with AI, delivered as a cost-effective bundle to deliver immediate business value.” said Dr.

Cost-Benefit 84

Cost-Benefit Machine Learning Enterprise Modeling 84

CIO Business Intelligence

JANUARY 3, 2024

The solution is cloud based, scalable, cost-effective, and easy to implement and manage. One of the features of this solution came from an IBM Consulting hackathon that took place in France in March 2023. If this sounds like your company, you could benefit from the expertise and solutions provided by IBM and AWS.

Insurance 109

Insurance B2B Consulting Cost-Benefit 109

Rocket-Powered Data Science

FEBRUARY 15, 2023

Generative AI is the biggest and hottest trend in AI (Artificial Intelligence) at the start of 2023. Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy. I suggest that the simplest business strategy starts with answering three basic questions: What? (3)

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

CIO Business Intelligence

JULY 17, 2023

Professional investors factor in certain financial targets and risk tolerance as they pursue maximum ROI. Just as investors play financial markets, IT leaders navigate technology trends. Like investors, they seek optimal outcomes while minimizing risks. IT leaders can relate to this dance.

Cost-Benefit 75

Cost-Benefit Optimization ROI Strategy 75

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 91

Optimization Cost-Benefit Unstructured Data Risk 91

CIO Business Intelligence

DECEMBER 19, 2023

When making decisions about network access, businesses need to be aware of and assess the security implications associated with network technology to help keep their digital assets protected. Fixed wireless access is a type of 5G or 4G LTE wireless technology that enables fixed broadband access using radio frequencies instead of cables.

Cost-Benefit 92

Cost-Benefit Risk Technology Forecasting 92

FineReport

APRIL 26, 2023

By leveraging Big Data technologies, companies can collect, store, and analyze information to make informed decisions and improve their operations. Cost Savings : Big data tools such as FineReport , Hadoop, Spark, and Apache can assist businesses in saving costs by storing and handling huge amounts of data more efficiently.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52