IBM Big Data Hub

FEBRUARY 19, 2024

The pandemic and its aftermath highlighted the importance of having a robust supply chain strategy , with many companies facing disruptions due to shortages in raw materials and fluctuations in customer demand. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

Strategy 90

Strategy Management Forecasting Cost-Benefit 90

IBM Big Data Hub

JANUARY 19, 2024

Disaster recovery strategies provide the framework for team members to get a business back up and running after an unplanned event. Worldwide, the popularity of disaster recovery strategies is understandably increasing. A disaster recovery strategy lays out how your businesses will respond to a number of unplanned incidents.

Strategy 104

Strategy Cost-Benefit Testing Risk 104

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

AWS Big Data

JANUARY 9, 2024

We are excited about the OpenSearch Service features and enhancements we’ve added to that toolkit in 2023. 2023 was a year of rapid innovation within the artificial intelligence (AI) and machine learning (ML) space, and search has been a significant beneficiary of that progress. Multi-modal search OpenSearch Service 2.11

Cost-Benefit 88

Cost-Benefit Visualization Modeling Machine Learning 88

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

CIO Business Intelligence

JANUARY 23, 2023

The pandemic has led many organizations in the Middle East to shift towards a digital-first strategy. A quarter of the respondents say they are now extending the digital-first strategies developed during the pandemic. over the next 10 years, and the strategy is already bearing fruit.

IoT 111

IoT Strategy Cost-Benefit Digital Transformation 111

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 114

Software Strategy Cost-Benefit Testing 114

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

Ontotext

DECEMBER 1, 2023

So, KGF 2023 proved to be a breath of fresh air for anyone interested in topics like data mesh and data fabric , knowledge graphs, text analysis , large language model (LLM) integrations, retrieval augmented generation (RAG), chatbots, semantic data integration , and ontology building.

Metadata 78

Metadata Sales Consulting Enterprise 78

CIO Business Intelligence

APRIL 17, 2024

The iPaaS market in 2023, according to a Gartner report , garnered a revenue of $8 billion globally, growing from $6.5 Salesforce to capitalize on the GenAI demand Salesforce’s possible bid to acquire Informatica could be a result of the company’s strategy to capitalize on the growing demand for generative AI , analysts said.

Cost-Benefit 128

Cost-Benefit B2B Marketing Enterprise 128

CIO Business Intelligence

DECEMBER 8, 2023

According to the report: “Our qualitative interviews indicated many companies are looking to recycle devices at the end of their lifecycles if they don’t already, and they are open to reducing the time it takes to refresh if it reduces cost over time.” Furthermore, 49% believe outdated hardware hinders employee productivity.

Strategy 104

Strategy IT Cost-Benefit Reporting 104

CIO Business Intelligence

JANUARY 9, 2023

Hiring and retaining the best people with the right skills is always the best strategy to improve overall performance.” The need to grow smartly Gil Westrich’s company, ClearML, is benefiting from increased adoption of artificial intelligence and machine learning (ML) technology. Inflation ties in to retention.

IT 145

IT Uncertainty Cost-Benefit Digital Transformation 145

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. It’s not a hammer.

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

Smart Data Collective

JANUARY 30, 2023

However, there are other benefits of AI in marketing that get less publicity. AI technology is the backbone of many modern marketing strategies. As AI continues to change the marketing landscape , marketers will keep looking for new ways to automate various processes, reduce the scope of human error and lower costs.

Advertising 96

Advertising Cost-Benefit Marketing Strategy 96

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

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

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

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 135

Cost-Benefit Risk Digital Transformation Reporting 135

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

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 140

Cost-Benefit ROI Sales Enterprise 140

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 126

ROI Manufacturing Cost-Benefit IoT 126

O'Reilly on Data

APRIL 30, 2024

Market structure is not simply the number of firms, but the cost structure and economic incentives in the market that follow from the institutions, adjacent government regulations, and available financing. For social media platforms, this was addictive content to increase time spent on platform at any cost to user health.

Risk 221

Risk Advertising Cost-Benefit Sales 221

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.

B2B 126

B2B Insurance Consulting Cost-Benefit 126

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. As a community, we keep sharing information and we stay on top of developments to realize the maximum benefits of HPC.

Cost-Benefit 59

Cost-Benefit Machine Learning Modeling Uncertainty 59

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 133

IT Uncertainty Cost-Benefit Strategy 133

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

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 97

Enterprise Cost-Benefit Strategy Reporting 97

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 57

Data Strategy Strategy Business Objectives Data-driven 57

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 57

Cost-Benefit Finance Optimization Key Performance Indicator 57

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. Expion hasn’t yet calculated the potential new business created, but the tool will save the company the cost of about 1.5 data analyst FTEs.

IT 52

IT Cost-Benefit Insurance Unstructured Data 52

CIO Business Intelligence

JULY 17, 2023

This includes migrating to different tools, based on changing requirements such as performance, latency, resiliency, and security, as well as cost efficiency. In that vein, a multicloud-by-design strategy is the best bet for your technology portfolio. 1 Multicloud Architecture: Workload Movement Considerations, Dell, April 2023.

Cost-Benefit 97

Cost-Benefit Optimization ROI Strategy 97

CIO Business Intelligence

APRIL 11, 2024

In 2023, nearly one-third of U.S. Because AI can crunch down and produce actionable data in seconds to significantly improve operational efficiency, cost optimization, service delivery, and compliance. What are the business benefits of innovation in government? If we’re being honest, this isn’t always the case.

Cost-Benefit 104

Cost-Benefit Predictive Analytics Data-driven Risk 104

CIO Business Intelligence

JANUARY 26, 2023

The year 2023 seems to be no different. on average for 2023, research firm Gartner points to a projected 6.5% on average for 2023, research firm Gartner points to a projected 6.5% Enterprise technology leaders must differentiate between cost and investment if they want to make the most of their limited budgets.

IT 138

IT Cost-Benefit Finance Consulting 138

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