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

IBM Big Data Hub

JANUARY 15, 2024

The plan aimed to address digital transformation along with a digital construction plan for 2023. IBM Process Mining can also prioritize automation improvements based on the severity of the issue and the expected ROI, driving continuous improvement of processes by triggering corrective actions or generating RPA bots.

Digital Transformation 67

Digital Transformation Insurance Optimization ROI 67

Smart Data Collective

JANUARY 30, 2023

A budget review allows you to measure the effectiveness of your strategy. Consider your return on investment (ROI) when adjusting—factor in all potential variables. Audit the budget periodically and see if you’re still on track based on the outcomes of your marketing campaigns.

Advertising 98

Advertising Cost-Benefit Marketing Strategy 98

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 78

Risk Management Risk Management Metrics 78

Cloudera

SEPTEMBER 19, 2023

Gartner’s CDO Agenda Survey for 2023 found that 78% of surveyed data leaders rank organizational data strategy and vision as one of their top three priorities, and 68% are prioritizing initiatives based on alignment to strategic goals. CDO ties data strategy to ROI Data-related decisions should be made with ROI in mind.

IT 78

IT Data Strategy ROI Data-driven 78

CIO Business Intelligence

MARCH 11, 2024

Customer experience will be a key target for gen AI infusions, with 35% of CX executives agreeing that the acceleration of innovative capabilities such as gen AI and Web3 will have a significant impact on future CX strategies, according to an October 2023 IDC FutureScape report on customer experience trends.

Data-driven 69

Data-driven Strategy ROI Machine Learning 69

DataKitchen

MARCH 16, 2023

How to measure your data analytics team? Gartner attempted to list every metric under the sun in their recent report , “T oolkit: Delivery Metrics for DataOps, Self-Service Analytics, ModelOps, and MLOps, ” published February 7, 2023. Under Velocity, the Mean Time to Deliver Data metric measures the time it takes to deliver data.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

Rocket-Powered Data Science

JULY 21, 2023

For a detailed report on the current state of observability this year, you can access and download “ The State of Observability 2023 ” report from Splunk. as likely to say that their ROI on observability tools far exceeded expectations. Leaders are 7.9x

Machine Learning 190

Machine Learning Metrics Reporting Internet of Things 190

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

AUGUST 4, 2023

In collaboration with our peers, we have a solid business sense that carefully weighs innovation and risk in order to gain valuable ROI while protecting the organization from all forms of risk associated with each project. AI is just getting started and it’s now that we need to be asking hard questions.

Risk 88

Risk Risk Management ROI Technology 88

IBM Big Data Hub

MAY 17, 2024

” Given the statistics—82% of surveyed respondents in a 2023 Statista study cited managing cloud spend as a significant challenge—it’s a legitimate concern. Cloud adoption maturity model This maturity model helps measure an organization’s cloud maturity in aggregate.

Modeling 96

Modeling Cost-Benefit Optimization Digital Transformation 96

CIO Business Intelligence

NOVEMBER 9, 2023

Foundry / AI Priorities Study 2023 The ideal individual to assume this role should have much more than top technology and AI skills, says Colin Reeves, principal data and AI recruiter at ConSol Partners in Los Angeles.

IT 118

IT Strategy Reporting Visualization 118

datapine

MAY 31, 2022

That’s why it is important to implement a secure BI cloud tool that can leverage proper security measures. In both cases, the return on investment (ROI) is healthy. All of these strategic measures will ensure that the benefits of cloud business intelligence far outweigh the issues. Cost management and containment.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

MAY 27, 2024

CISOs are increasingly anxious because while they realize the ax will fall on them when the inevitable breach occurs, securing boardroom support for heavy investment in preventative measures, like training, is challenging in a world where revenue is demanded for each dollar spent. “The million compared to those with lower levels.

Cost-Benefit 103

Cost-Benefit Statistics ROI Measurement 103

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

FineReport

MAY 18, 2023

However, on the other hand, it serves as a preventative measure for both the company and the employees involved. Note: All the management report examples shown in this article are created by FineReport , a powerful reporting software that has been honorably mentioned by Magic Quadrant for ABI Platforms in 2023.

Reporting 52

Reporting Management Key Performance Indicator Dashboards 52

IBM Big Data Hub

APRIL 18, 2024

According to Andreessen Horowitz (link resides outside IBM.com ) , in 2023, the average spend on foundation model application programming interfaces (APIs), self-hosting and fine-tuning models across surveyed companies reached USD 7 million. A key trend is the adoption of multiple models in production.

Cost-Benefit 89

Cost-Benefit Modeling Manufacturing Interactive 89

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

IBM Big Data Hub

JUNE 23, 2023

The project should provide quick wins and measure the results rigorously to determine the impact on performance and ROI. Pilot the technology. Start with a pilot project that addresses a specific business problem or challenge. Refine your approach further and scale up to other use cases gradually. Design a well-defined F&A roadmap.

Finance 59

Finance Reporting Cost-Benefit Modeling 59

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 142

Digital Transformation Measurement Data-driven Metrics 142

datapine

DECEMBER 11, 2019

Indeed, according to Bloomberg, public cloud platforms, business services, and applications (SaaS) will all grow at a 9% CAGR (Compound Annual Growth Rate) between 2019 and 2023, and worth $60.36 A Betterbuys report reveals that the specific expenditure in the U.S. SaaS Industry is forecasted to reach $55 billion by 2026.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

CIO Business Intelligence

NOVEMBER 2, 2023

Salesforce’s findings gibe with IDC’s Worldwide C-Suite Survey 2023-2024 , released in September. Foundry’s recently released AI Priorities Study 2023 found that 56% of IT decision-makers are eager to learn more about gen AI. IT leaders are also enthused about the technology.

Data Strategy 122

Data Strategy Strategy Sales Data Governance 122

CIO Business Intelligence

MAY 13, 2024

In contrast, CEOs didn’t even list AI in their top 10 priorities for CIOs in 2023. Nevins says many companies have struggled to articulate anticipated ROIs from their AI investments, even those investments that leverage AI tools built into existing enterprise software. 3, according to the State of the CIO survey.

IT 124

IT Digital Transformation ROI Strategy 124

CIO Business Intelligence

JUNE 21, 2023

Because industry tests often lack standardized measurement criteria, the results can vary wildly. They each measure different criteria or have different objectives. The research testing company you select needs to ensure their tests measure the most critical criteria for your organization. Some are granular and others are broad.

Testing 81

Testing Measurement ROI Risk 81

IBM Big Data Hub

APRIL 4, 2024

In a report from Technavio (link resides outside ibm.com), the private cloud services market size is estimated to grow at a CAGR of 26.71% between 2023 and 2028, and it is forecast to increase by USD 619.08 Private clouds also typically include enhanced physical security measures like surveillance cameras and security personnel.

Data Processing 91

Data Processing Cost-Benefit Software Digital Transformation 91

Smart Data Collective

SEPTEMBER 6, 2020

trillion by 2023 and constitute 17% of all B2B sales. All software will require some degree of customization, but to control costs and speed time to ROI you want to minimize the amount of customization that’s necessary. But how should ecommerce platforms use big data effectively? You can learn more below.

B2B 108

B2B Data Analytics Analytics Cost-Benefit 108