CIO Business Intelligence

MARCH 20, 2023

By Serge Lucio, Vice President and General Manager, Agile Operations Division This is a continuation of Broadcom’s blog series: 2023 Tech Trends That Transform IT. In 2023 and beyond, effective network operations (NetOps) will demand more extensive coverage of user experience metrics than ever before.

Data-driven 105

Data-driven Metrics Digital Transformation Measurement 105

CIO Business Intelligence

MARCH 25, 2024

In early 2023, Hubbard knew Rest needed an ambitious new technology roadmap to enable the implementation of its strategy to make the superannuation experience simpler. This approach enabled Finance and business stakeholders to use data insights to see the metrics move as the year progressed. How does persistent funding reduce risk?

Modeling 124

Modeling Cost-Benefit IT ROI 124

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

JUNE 30, 2023

Establishing metrics and milestones is how you not only sustain executive interest, and therefore continuing support, but also how you can internally prove to yourself that what you’re doing is working. The CEO may be responsible for driving it, but even he doesn’t decide that’s what’s going to happen unless the board is on board.

Internet of Things 103

Internet of Things Strategy Risk Data Strategy 103

CIO Business Intelligence

APRIL 8, 2024

Computer vision transforms tennis coaching For 2023’s Billie Jean King (BJK) Cup, the International Tennis Federation (ITF) partnered with Microsoft to develop an AI-based platform that provides in-match insights to help coaches fine-tune player performance. “It’s really about having a mindset where you’re curious,” she says.

Analytics 118

Analytics Broadcasting Predictive Analytics Metrics 118

CIO Business Intelligence

JUNE 21, 2022

It has also become a metric of success in line with the changing expectations a CEO has of their CIO. By 2023, 40% of Australian CIOs will be primarily measured for their ability to co-create new business models and outcomes through extensive enterprise and ecosystem-wide collaboration, IDC predicts.

Digital Transformation 122

Digital Transformation Metrics Business Intelligence Measurement 122

IBM Big Data Hub

APRIL 25, 2023

A 2023 IBM IBV study showed that organizations that are seen as ESG leaders are 43% more likely to outperform their peers on profitability. However, 57% of CEOs admit that defining and measuring the Return on Investment (ROI) and economic benefits of their sustainability efforts remain a significant challenge.

Risk Management 87

Risk Management Risk Management Metrics 87

CIO Business Intelligence

APRIL 5, 2023

In 2023, 58% of knowledge workers in the United States will continue to be able to work remotely at least one day a week, while 38% will continue as full-time remote workers. But let’s face it, there are already enough customer-facing performance metrics in the world. ©2023 Intellyx LLC. The customer still comes first.

Cost-Benefit 116

Cost-Benefit Metrics Measurement Digital Transformation 116

Smart Data Collective

MARCH 6, 2022

Business intelligence can help you gain a more accurate perspective on how your business is performing using key performance metrics. By 2023, 33% of companies will practice decision intelligence. Business intelligence requires in-depth data leveraging and analysis using key performance metrics (KPIs).

Business Intelligence 112

Business Intelligence Big Data Internet of Things Optimization 112

O'Reilly on Data

APRIL 23, 2024

Amazon ’s most recent quarterly disclosures (Q4, 2023), for example, show year-on-year growth in online sales revenue of 9%, but growth in fees of 20% (third-party seller services) and 27% (advertising sales). It appears to have worked—for now.

Advertising 268

Advertising Cost-Benefit Marketing Risk 268

FineReport

JUNE 14, 2023

Key Performance Indicators (KPIs) serve as vital metrics that help measure progress towards business goals. To effectively monitor and analyze these metrics, businesses utilize KPI reports. Measurement: A comprehensive leads KPI encompassing leads from all channels. You can download FineReport for free and have a try!

KPI 52

KPI Reporting Key Performance Indicator Sales 52

Paul Blogs on BI

MAY 3, 2023

In addition, the more we measure and monitor our contribution and show the difference it is making, the more likely we are to not just continue to do it but improve on it as well. Just like we measure our health and how many steps we take each day. This opens up fascinating possibilities like integrating “what if?”

Metrics 52

Metrics ROI Measurement Visualization 52

CIO Business Intelligence

MARCH 6, 2024

Reducing waste E-waste is a growing problem; by 2023, annual e-waste production is on track to reach a staggering 75 million metric tons, according to Statista. HP has pledged to reach zero waste across its operations by 2025 and has implemented several measures to help it meet this target.

Measurement 52

Measurement Manufacturing Metrics Technology 52

AWS Big Data

AUGUST 21, 2023

It similarly codes the query as a vector and then uses a distance metric to find nearby vectors in the multi-dimensional space. Amazon OpenSearch Service has long supported both lexical and vector search, since the introduction of its kNN plugin in 2020. The algorithm for finding nearby vectors is called kNN (k Nearest Neighbors).

Data Processing 91

Data Processing Experimentation Visualization Metrics 91

Smart Data Collective

JULY 4, 2023

It is easy to see why this is an important topic of conversation in 2023. Reporting and analytics: digitization removes manual paperwork-based record keeping and provides instant insights on costs, timelines, and other performance metrics. Fortunately, AI technology can help mitigate some of these issues.

Technology 73

Technology Software Data-driven Measurement 73

IBM Big Data Hub

AUGUST 9, 2023

After the simulation, organizations also receive metrics on employee click rates and often follow up with additional phishing awareness training. Some prefer deploying a phishing test before employees complete any phishing awareness training to establish a benchmark and measure the efficiency of future phishing simulation solutions.

Testing 81

Testing Measurement Behavioral Analytics Reporting 81

CIO Business Intelligence

APRIL 12, 2023

What metrics are used to understand the business impact of real-time AI? One should not move AI deeper into the core of an organization without metrics and results that demonstrate business value that has been achieved through AI at the current level. Real-time AI is a science project until benefits to the business are realized.

Machine Learning 145

Machine Learning Cost-Benefit Data-driven Strategy 145

FineReport

MAY 31, 2023

Financial Dashboard Examples Note: All the financial dashboard examples shown in this article are created by FineReport , a powerful dashboard software that has been honorably mentioned by Magic Quadrant for ABI Platforms in 2023. You can download FineReport for free and have a try! Free Download of FineReport 1.

Dashboards 52

Dashboards Key Performance Indicator Metrics Visualization 52

Smarten

OCTOBER 4, 2022

Gartner predicts that, ‘By 2023, overall analytics adoption will increase from 35% to 50%, driven by vertical- and domain-specific augmented analytics solutions.’ You Need Measurable Results.

Analytics 52

Analytics Key Performance Indicator Reporting Data-driven 52

CIO Business Intelligence

APRIL 28, 2022

According to a Deloitte report , 73% of respondents said their organizations have embarked on a path to intelligent automation and they predict that robotic process automation (RPA) will reach almost universal adoption sometime in 2023. However, as the scale and scope of investment in automation grows, so does visibility and scrutiny.

Cost-Benefit 98

Cost-Benefit Insurance Metrics Software 98

CIO Business Intelligence

MAY 1, 2024

For example, a quarter of IT decision-makers in Foundry’s 2023 AI Priorities Study are piloting gen AI technologies, but only 20% have moved on to deployment. But talking to IT teams like the AI professionals in Intel’s 2023 ML Insider survey suggests only 10% of organizations put gen AI solutions into production in 2023.

Cost-Benefit 136

Cost-Benefit Metrics Insurance Measurement 136

CIO Business Intelligence

OCTOBER 23, 2023

According to its 2023 research paper Total Enterprise Reinvention , “only 8% of companies are moving to adopt a strategy of Total Enterprise Reinvention.” Yet many IT departments are struggling to reshape themselves to better meet the mandates of today. Consider the findings of a report from professional services firm Accenture.

IT 137

IT Consulting Scorecard Key Performance Indicator 137

IBM Big Data Hub

FEBRUARY 7, 2024

This can be quantified by measuring metrics like tree cover, habitat integrity and number of species, and is guided by sustainable development principles. .” Similar to “carbon neutral” in the context of emissions, nature positive refers to stopping, avoiding and reversing environmental destruction.

Reporting 99

Reporting Cost-Benefit Internet of Things Data-driven 99

CIO Business Intelligence

NOVEMBER 6, 2023

According to the Gallup State of the Global Workforce 2023 Report , 41% of respondents attributed their lack of engagement to leadership and the workplace culture. Measure engagement “Measuring engagement is vitally important,” says Datasite’s LaMere. Doing surveys gives you a realistic metric for how employees feel. “An

Measurement 133

Measurement Cost-Benefit Management Metrics 133

CIO Business Intelligence

NOVEMBER 15, 2023

By Gartner’s estimations, overall IT spending will grow in 2024 by 8%, more than double that of 2022 and 2023—2.9% Second, it should articulate IT’s vision and its plan to achieve it while still creating measurable value in the present. In many companies, it’s among the largest lines on the income statement. and 3.5%, respectively.

Publishing 124

Publishing Reporting IT Finance 124

CIO Business Intelligence

NOVEMBER 14, 2023

Cloud computing doesn’t exist in a vacuum, and neither should your cloud strategy,” Gartner advises in its 2023 Cloud Strategy Cookbook. How will we measure and communicate the value of cloud? Quantifiable, dynamic, and outcome-oriented metrics are essential to track progress. data, security, development, architecture) as well.

Strategy 145

Strategy Cost-Benefit IT Key Performance Indicator 145

Cloudera

JANUARY 14, 2021

This technology allows retailers to measure and respond in real-time to shopper behavior, measure geolocation, traffic, dwell times, and conversion metrics. In-store customer insights and engagement opportunities are now possible using data captured from sensors, video, and beacons.

Cost-Benefit 68

Cost-Benefit Digital Transformation Sales IoT 68

CIO Business Intelligence

DECEMBER 28, 2022

Companies in Europe are required to start scope 3 reporting in 2024 with data from 2023, so collecting that data starts now. If you have 50,000 Office 365 users, there are no metrics to help you make the calculation at this point.”

Reporting 119

Reporting Consulting Manufacturing Software 119

IBM Big Data Hub

APRIL 25, 2024

Steps for improving output quality involve implementing quality control measures, fostering a culture of continuous improvement, and using customer feedback and other metrics to drive innovation. Last updated 10 November 2023. BPR initiatives generally boost key performance indicators (KPIs). Last updated 23 February 2024.

Cost-Benefit 54

Cost-Benefit Finance Optimization Key Performance Indicator 54

CIO Business Intelligence

JULY 7, 2023

As of 2023, ITIL 4 has been fully rolled out and Axelos announced the discontinuation of ITIL 3 at the start of 2022. This module validates your ability to measure, assess, and develop the Service Desk practice capability using the ITIL Maturity Model.

Cost-Benefit 98

Cost-Benefit Strategy Management Uncertainty 98

CIO Business Intelligence

APRIL 26, 2022

Out of 15 metrics Nallani used to measure the company’s overall infrastructure, 13 or 14 came out as “red,” meaning very deficient, and the only bright light — the company’s ecommerce system — was being phased out by Oracle. The company is awesome and has such phenomenal loyalty from its customer base. That’s right.

Data Lake 98

Data Lake Dashboards Recreation/Entertainment Sales 98

CIO Business Intelligence

SEPTEMBER 25, 2023

According to TEKsystems’ 2023 State of Digital Transformation , 41% of organizations’ digital transformation (DX) initiatives have failed to achieve their desired outcomes. Infosys’ Digital Radar 2023 report found that only 5% of enterprises currently have or are implementing a live data approach. Adya says many executives answer no.

Digital Transformation 145

Digital Transformation Measurement Data-driven Metrics 145

The Unofficial Google Data Science Blog

APRIL 23, 2024

the weight given to Likes in our video recommendation algorithm) while $Y$ is a vector of outcome measures such as different metrics of user experience (e.g., Experiments, Parameters and Models At Youtube, the relationships between system parameters and metrics often seem simple — straight-line models sometimes fit our data well.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

AWS Big Data

APRIL 28, 2023

For example, you can configure an Amazon EventBridge rule to invoke an AWS Lambda function to publish CloudWatch metrics every time AWS Glue jobs finish. Each datapoint represents DPUHours per individual job run, so valid statistics for the CloudWatch metrics is SUM. You can review and customize it to suit your needs.

Optimization 92

Optimization Metrics Interactive Data Integration 92

CIO Business Intelligence

NOVEMBER 17, 2023

Service level agreements (SLAs): Contracts between MSPs and their clients outline the level of service expected , the metrics by which this service will be measured, and any remedies that should be undertaken or penalties that should be incurred should service levels not be achieved.

Management 130

Management IT IoT Cost-Benefit 130

IBM Big Data Hub

FEBRUARY 15, 2024

It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important as it relates to a company’s business model, risk management strategy , reporting requirements and more. This lack of meaningful metrics isn’t necessarily by design, though.

Reporting 84

Reporting Consulting Risk Metrics 84

Cloudera

MARCH 18, 2021

The Fundamental Review of the Trading Book (FRTB), introduced by the Basel Committee on Banking Supervision (BCBS), will transform how banks measure risk. At a glance, here are the primary changes FRTB introduces: A shift from value-at-risk (VaR) to an expected shortfall (ES) measure of risk under stress. Operational Impact of FRTB.

Risk 55

Risk Machine Learning Risk Management Measurement 55