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How to get your CFO to buy into a better model for IT funding

CIO Business Intelligence

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.

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Advice from procurement: How to evaluate and propose new IT investments

CIO Business Intelligence

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%

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10 Best Big Data Analytics Tools You Need To Know in 2023

FineReport

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. ” This type of Analytics includes traditional query and reporting settings with scorecards and dashboards. Enables Predictive Analytics on data.

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4 strategic sourcing use cases to strengthen your supply chain

IBM Big Data Hub

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. The benefits of strategic sourcing are vast, ranging from overall supply chain process optimization to more cost-effective, long-term relationships with partners.

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Transforming IT for digital success

CIO Business Intelligence

According to its 2023 research paper Total Enterprise Reinvention , “only 8% of companies are moving to adopt a strategy of Total Enterprise Reinvention.” Jain says that starts by understanding the definition of “customer,” which Jain defines as “anybody who benefits from your services and products.” IT needs to go beyond that.

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AWS Professional Services scales by improving performance and democratizing data with Amazon QuickSight

AWS Big Data

As a team of engineers focused on building a single source of truth within Amazon, we wanted a BI tool that was cost-effective, secure, and integrated seamlessly with the other AWS services we use. The teams we serve have benefited from our switch to QuickSight. We also helped 13 Amazon teams to set up their own instances.