Timo Elliott

MAY 8, 2023

It monitors sensors and indicators powered by IoT, machine learning, and digital twin technology in real-time, in the form of graphs, geographical maps, and advanced analytics of equipment and systems. The outcomes are really impressive.

IoT 103

IoT Cost-Benefit Machine Learning Risk 103

Ontotext

DECEMBER 1, 2023

It enriched their understanding of the full spectrum of knowledge graph business applications and the technology partner ecosystem needed to turn data into a competitive advantage. It was presented by Summit Pal, Strategic Technology Director at Ontotext and former Gartner VP Analyst.

Metadata 78

Metadata Sales Consulting Enterprise 78

CIO Business Intelligence

JANUARY 23, 2023

Companies and governments are aware of the benefits of new technologies and digitization: optimizing costs and operating resources, ensuring customer satisfaction, attracting new customers, and gaining a competitive advantage through digital adoption. The Middle East is on the edge of a massive digital disruption.

IoT 111

IoT Strategy Cost-Benefit Digital Transformation 111

CIO Business Intelligence

JANUARY 9, 2023

Recruiting, retainment, and yes, adoption of lead-edge technology, are back on the radar of IT leaders. Grace Liu, senior vice president of IT for Seagate Technology, says the shifting economy can offer a chance to be opportunistic. “We How do we grow our business responsibly?” “How do we get the talent we need?

IT 145

IT Uncertainty Cost-Benefit Digital Transformation 145

O'Reilly on Data

APRIL 30, 2024

It’s difficult to argue with David Collingridge’s influential thesis that attempting to predict the risks posed by new technologies is a fool’s errand. We ought to heed Collingridge’s warning that technology evolves in uncertain ways. It’s also about ensuring that value from AI is widely shared by preventing premature consolidation.

Risk 221

Risk Advertising Cost-Benefit Sales 221

IBM Big Data Hub

MARCH 14, 2024

5G has been hailed as a disruptive technology, comparable to artificial intelligence (AI ), machine learning (ML) and the Internet of Things (IoT) in terms of the kinds of change it will bring about. To answer that question, we first must look at how 5G works and what makes it different than other technologies. What is 5G? What is 5G?

Technology 61

Technology IoT Cost-Benefit Internet of Things 61

IBM Big Data Hub

APRIL 22, 2024

IBM is dedicated to the responsible development and deployment of this technology, which can enable our clients to meet their sustainability goals. “But it’s important to reap these benefits while minimizing the environmental impact. . In our 2023 Impact Report , we reported that 70.6%

Cost-Benefit 100

Cost-Benefit Modeling Manufacturing Reporting 100

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 126

ROI Manufacturing Cost-Benefit IoT 126

Smart Data Collective

JULY 4, 2023

Last year, the World Meteorological Association reported that AI technology is playing an increasingly more important role in disaster management. It is easy to see why this is an important topic of conversation in 2023. Fortunately, AI technology can help mitigate some of these issues.

Technology 74

Technology Software Data-driven Measurement 74

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. Meanwhile, CIOs want certainty when it comes to funding.

Modeling 124

Modeling Cost-Benefit IT ROI 124

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

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

MARCH 23, 2023

of its workforce, over the next 18 months to reduce costs amid uncertain macroeconomic conditions. The job cuts reflect stabilizing demand, following explosive post-pandemic growth, and prudent cost management, according to Ignacio Rasero, vice president for Moody’s Investors Service. IT Consulting Services, Technology Industry

Uncertainty 98

Uncertainty Cost-Benefit Consulting Digital Transformation 98

Smart Data Collective

JANUARY 30, 2023

Every year, we hear new stories about how artificial intelligence technology is becoming more integral to the marketing profession. However, there are other benefits of AI in marketing that get less publicity. AI technology is the backbone of many modern marketing strategies. One of them is the use of AI in PPC marketing.

Advertising 98

Advertising Cost-Benefit Marketing Strategy 98

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

MARCH 5, 2024

In 2023, enterprises worldwide spent $166 billion on AI solutions (AI software, hardware, and services), but that spending is expected to grow 27% per year to $423 billion by 2027, according to IDC’s report. But that’s about to change, said Fleming, as executive leadership seeks to understand how AI and automation benefit the bottom line.

Key Performance Indicator 116

Key Performance Indicator Cost-Benefit KPI Software 116

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. However, a significant amount of this spend is wasted as organizations struggle to optimize costs effectively. .

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

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

FEBRUARY 12, 2024

Now, more than a decade later, business leaders recognize the advantages the cloud offers but are struggling with bloated cloud costs. Andreesen Horowitz coined the phrase the Cloud Paradox in a 2021 article , which posits that the pressure the cloud puts on company margins can start to outweigh the benefits over time.

Optimization 122

Optimization Cost-Benefit Reporting Digital Transformation 122

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. Fortunately, the HPC community is both collaborative and transparent in our work to apply and advance supercomputing technologies.

Cost-Benefit 59

Cost-Benefit Machine Learning Modeling Uncertainty 59

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 111

Broadcasting Cost-Benefit Strategy Modeling 111

CIO Business Intelligence

FEBRUARY 15, 2024

Graded’s Ardolino says that when he presents a project to top management, he starts with a descriptive overview and then combines KPIs that can measure the estimated positive impact in different business areas, for example reduction in man hours or the benefits of data retrieval. Budgeting, C-Suite, CIO, Data Management, IT Leadership

Strategy 134

Strategy Digital Transformation Cost-Benefit Forecasting 134

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 270

Advertising Cost-Benefit Marketing Risk 270

CIO Business Intelligence

FEBRUARY 27, 2024

Cloud exit’ became a big theme in 2023 and there’s good odds it’ll turn into a real trend for 2024. The resulting infrastructure of choice — a combination of on-premises and hybrid-cloud platforms — will aim to reduce cost overruns, contain cloud chaos, and ensure adequate funding for generative AI projects.

Strategy 144

Strategy Cost-Benefit Data Processing Data-driven 144

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 105

Cost-Benefit Predictive Analytics Data-driven Risk 105

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

JULY 27, 2023

First came the carrot of lower costs in the cloud with the bundled Rise with SAP offering. SAP said Thursday it will raise the cost of support for users of its on-premises software for the second year in a row, just days after announcing plans to withhold future innovations in its products from on-prem customers. Bucking the trend?

Cost-Benefit 97

Cost-Benefit Statistics Data Processing Forecasting 97

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 96

Testing Modeling Cost-Benefit Consulting 96

CIO Business Intelligence

APRIL 25, 2024

And at LinkedIn scale, those matchmaking processes have always relied on technology. During the summer of 2023, at the height of the first wave of interest in generative AI, LinkedIn began to wonder whether matching candidates with employers and making feeds more useful would be better served with the help of large language models (LLMs).

IT 139

IT Experimentation Cost-Benefit Metrics 139

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. Cloud costs will often — and rapidly — become large line items on budgets. Cloud costs will often — and rapidly — become large line items on budgets. There are other risks, too.

Strategy 145

Strategy Cost-Benefit IT Key Performance Indicator 145

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

MAY 5, 2023

x for business value even before ChatGPT became a household name. That is why the omnichannel used-car retailer earned a coveted spot on the 2023 CIO 100 Award list: for its early, innovative use of a nascent AI technology that led to a spike in page views as well as higher SEO ranking and placement that drove substantial business growth.

Digital Transformation 145

Digital Transformation Cost-Benefit Business Driver Data Lake 145

IBM Big Data Hub

APRIL 25, 2024

This blog outlines some BPR examples that benefit from a BPM methodology. Technologies such as supply chain management software (SCM), enterprise resource planning (ERP) systems, and advanced analytics tools can be used to automate and optimize processes.

Cost-Benefit 64

Cost-Benefit Finance Optimization Key Performance Indicator 64

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 94

Management Cost-Benefit Optimization ROI 94

CIO Business Intelligence

JANUARY 26, 2023

IT leaders seeking to drive enterprise growth through technology investments are often saddled with budgets that make their tasks of increasing the top and bottom lines challenging. The year 2023 seems to be no different. on average for 2023, research firm Gartner points to a projected 6.5%

IT 138

IT Cost-Benefit Finance Consulting 138

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 89

Strategy Management Forecasting Cost-Benefit 89

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