CIO Business Intelligence

MAY 15, 2024

Break out with leverage, knowledge, and lighthouse strategies This is in part because we do see some companies signaling big moves beyond “use case limbo.” Verizon’s CEO is organizing genAI strategy using three buckets: “optimizing processes, product experiences, and revenue growth.” This applies in spades to genAI and “use case limbo.”

Digital Transformation 118

Digital Transformation Strategy Metrics Machine Learning 118

CIO Business Intelligence

AUGUST 28, 2023

Yet the leading tech execs who make up CIO’s 2023 CIO Hall of Fame share many of the same attributes, attitudes, and ambitions. Moreover, they agree that those characteristics as well as several career-related strategies they also share have helped them advance their careers. He credits several strategies for his success.

IT 93

IT Strategy Technology Sales 93

CIO Business Intelligence

JUNE 30, 2023

And we’ll let you in on a secret: this means nailing your data strategy. All of this renewed attention on data and AI, however, brings greater potential risks for those companies that have less advanced data strategies. This involves a mindset shift, and, of course, a comprehensive data strategy.

Internet of Things 81

Internet of Things Strategy Data Strategy Risk 81

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. Ready to evolve your analytics strategy or improve your data quality? Just starting out with analytics?

Cost-Benefit 59

Cost-Benefit Machine Learning Modeling Uncertainty 59

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.

Modeling 118

Modeling Cost-Benefit IT ROI 118

CIO Business Intelligence

MAY 2, 2023

Despite the best of intentions, CIOs and their organizations often struggle to deliver business outcomes from digital transformation strategies. And while KPMG reports that 72% of CEOs have aggressive digital investment strategies, McKinsey details a harsh reality that 70% of transformations fail. Five years ago, I shared that the No.

Digital Transformation 134

Digital Transformation IT Data-driven Metrics 134

CIO Business Intelligence

MARCH 6, 2024

1] The role of CIOs in achieving circularity Accountability is key for IT teams looking to improve their equipment usage metrics and reduce the amount of e-waste generated by their organisation. IDC also expects that this increasing attention to the importance of sustainability will increase demand for used IT equipment.[1]

Manufacturing 88

Manufacturing Metrics Measurement Management 88

IBM Big Data Hub

APRIL 25, 2023

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. A 2023 IBM IBV study showed that organizations that are seen as ESG leaders are 43% more likely to outperform their peers on profitability. Remediate risks and put together implementation plans.

Risk Management 78

Risk Management Risk Management Metrics 78

AWS Big Data

FEBRUARY 28, 2023

EMR Managed Scaling constantly monitors key workload-related metrics and uses an algorithm that optimizes the cluster size for best resource utilization. Plot both of the metrics to your CloudWatch dashboard. From the list of metrics available for EMR, select the “ YARNMemoryAvailablePercentage” metric.

Management 81

Management Metrics Advertising Dashboards 81

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. A successful cloud strategy requires a comprehensive assessment of cloud maturity. Why move to cloud?

Modeling 96

Modeling Cost-Benefit Optimization Digital Transformation 96

CIO Business Intelligence

NOVEMBER 15, 2022

But released the next day, the 2023 Gartner CIO and Technology Executive Survey revealed that EMEA-based CIOs expect IT budgets to increase 4.4% Gartner’s managing VP Mary Mesaglio said she remained optimistic for tech investments, with the latest crisis offering CIOs yet another opportunity to “make the difference”. global inflation rate.

Digital Transformation 138

Digital Transformation Experimentation Risk Metrics 138

CIO Business Intelligence

APRIL 8, 2024

The first thing is having a data strategy, having a foundation of data, and then asking questions of it.” Jamie Capel-Davies, head of science and technical for ITF, says metrics don’t mean much if you can’t communicate them effectively in time to make use of them. It’s really about having a mindset where you’re curious,” she says.

Analytics 98

Analytics Broadcasting Predictive Analytics Metrics 98

CIO Business Intelligence

SEPTEMBER 13, 2023

Net Zero Cloud uses data held within the Salesforce platform to help enterprises report on their carbon footprint and manage other social and governance metrics. Double materiality Meanwhile, two other upgrades to Net Zero Cloud will become globally available from October 2023. One of those is deriving insight from data.

Reporting 115

Reporting Enterprise Strategy Finance 115

IBM Big Data Hub

DECEMBER 14, 2023

A cybersecurity strategy is not solely about managing risk across a business’ IT infrastructure. According to the 2023 Cost of a Data Breach report conducted by Ponemon Institute and sponsored by IBM , breaches with identification and containment times under 200 days cost organizations USD 3.93 million—a 23% difference.

Risk 82

Risk Enterprise Digital Transformation Risk Management 82

CIO Business Intelligence

AUGUST 9, 2023

Once a vanguard business strategy, digital transformation has become a perennial objective for business survival. A good digital transformation strategy is one that delivers incremental value within a comprehensive and formal framework,” Shah explains. Other research confirms the imperatives for engaging in digital transformation.

Digital Transformation 137

Digital Transformation Strategy Data-driven Consulting 137

CIO Business Intelligence

FEBRUARY 29, 2024

Everest Group, which monitors 8,500 captive centers around the world, counted 452 new setups in 2023. From 2020-2023, while 1,450 captive centers were created, according to Everest Group, 50 companies sold their captives to third-party providers. Are our leaders committed to the strategy? “No First, they don’t all last.

Cost-Benefit 109

Cost-Benefit Risk Modeling Strategy 109

CIO Business Intelligence

APRIL 12, 2023

A clear vision for executing a real-time AI strategy is a critical step to align executives and line-of-business leaders on how real-time AI will increase business value for the organization. What metrics are used to understand the business impact of real-time AI? What metrics are used to understand the business impact of real-time AI?

Machine Learning 132

Machine Learning Cost-Benefit Data-driven Strategy 132

CIO Business Intelligence

APRIL 12, 2024

With information about products and availability constantly changing, Tractor Supply sees Hey GURA as a “knowledge base and a training platform,” says Rob Mills, chief technology, digital commerce, and strategy officer at Tractor Supply. Customers may have questions about plants to grow in a certain climate zone, for example.

Experimentation 106

Experimentation Sales Digital Transformation Metrics 106

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 111

Business Intelligence Big Data Internet of Things Optimization 111

AWS Big Data

MARCH 7, 2024

Based on your data retention, query latency, and budgeting requirements, you can choose the best strategy to balance cost and performance. For a list of supported metrics, refer to Monitoring pipeline metrics. CloudWatch alarms perform an action when a CloudWatch metric exceeds a specified value for some amount of time.

Data Lake 113

Data Lake Analytics Dashboards Metrics 113

CIO Business Intelligence

OCTOBER 23, 2023

As a result, most IT functions have seen budget increases, support for more staff, and higher involvement in shaping enterprise strategy , according to multiple reports. Strategies to transform IT for digital success include the following. Consider the findings of a report from professional services firm Accenture.

IT 132

IT Consulting Scorecard Key Performance Indicator 132

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’s unclear whether this was a lack of imagination or a kind of “ strategy tax.” It appears to have worked—for now.

Advertising 279

Advertising Cost-Benefit Marketing Risk 279

IBM Big Data Hub

AUGUST 3, 2023

Seven metrics that identify the relative success of your application health monitoring process Organizations need to have a comprehensive plan to ensure the health of their applications, but one key component of any application health monitoring process is data collection. million in 2023, a 15% increase over 3 years.

Measurement 63

Measurement Metrics Risk Software 63

O'Reilly on Data

APRIL 30, 2024

Amazon’s most recent quarterly disclosures (Q4, 2023), shows year-on-year growth in online sales of 9%, but growth in fees of 20% (third-party seller services) and 27% (advertising sales). Disclosures can require technology companies to provide transparent information and explanations about their products and monetisation strategies.

Risk 229

Risk Advertising Cost-Benefit Sales 229

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. As a result, individuals with relevant responsibilities can accurately establish business objectives and devise strategies for their achievement.

KPI 52

KPI Reporting Key Performance Indicator Sales 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 92

Data Processing Visualization Experimentation Metrics 92

Smart Data Collective

NOVEMBER 28, 2022

Investments in analytics tech have risen commensurately, with some 73 percent of respondents telling IDC that they expect to spend more on data-focused software than any other category in 2023. Business leaders can then consolidate whatever performance metrics matter most to them into dedicated interactive dashboards and dynamic reports.

Business Analytics 106

Business Analytics Analytics Business Intelligence Sales 106

CIO Business Intelligence

JANUARY 22, 2024

Key to these efforts are advances in Century’s automation strategy and forays into generative AI. The first is having a clearly defined strategy on where the company wants to go, and the second is ensuring IT is prepared to execute. It’s rigor and commitment to the strategy.

Strategy 84

Strategy Technology Enterprise Business Objectives 84

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

CIO Business Intelligence

MARCH 23, 2023

In a survey by Deloitte , 65% of organizations reported that cost reduction was a top business priority, and 52% cited TCO reduction as a key strategy for achieving this goal. Consider your company scorecard: Your procurement team has a scorecard with clear metrics to evaluate purchase decisions. to just 2.2% global inflation rate.

Scorecard 59

Scorecard Cost-Benefit ROI IT 59

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 certification focuses on how IT influences and informs business strategy. ITIL Strategic Leader (SL) The ITIL SL certification is for all digitally enabled services in the organization, not just IT operations.

Cost-Benefit 97

Cost-Benefit Strategy Management Uncertainty 97

IBM Big Data Hub

AUGUST 17, 2023

In fact, according to Flexera’s 2023 State of the Cloud report , for the first time in a decade, “managing cloud spend” (82%) surpassed “security” (79%) to become the number one challenge facing organizations across the board. Overprovisioning is the go-to strategy for avoiding performance risks.

Risk 57

Risk Metrics Dashboards Optimization 57

Alation

MAY 11, 2023

These metrics are a testament to our global expansion in EMEA and APAC. Our revAlation London event returns for 2023. As CMO, David will oversee our global marketing strategy. May: Gartner D&A London July: Snowflake Summit and Databricks Data & AI Summit October: revAlation London 2023 (Details coming soon!

B2B 52

B2B Finance Data Governance Marketing 52

CIO Business Intelligence

NOVEMBER 15, 2023

This article was co-authored by Ishan Prakash , a Manager at Metis Strategy. Once relegated to a role of support, the function now can inform entire strategies as critically as it does key processes or core products. By Gartner’s estimations, overall IT spending will grow in 2024 by 8%, more than double that of 2022 and 2023—2.9%

Publishing 118

Publishing Reporting IT Finance 118

IBM Big Data Hub

FEBRUARY 7, 2024

1 In pursuit of net zero, organizations will focus their sustainability efforts on two paths in 2024: Clean energy : The transition from fossil fuels to renewable energy sources is central to sustainability strategies and net zero initiatives, and was a central issue last year at the United Nations’ COP28 climate summit.

Reporting 89

Reporting Internet of Things Cost-Benefit Data-driven 89

IBM Big Data Hub

APRIL 25, 2024

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. BPR initiatives generally boost key performance indicators (KPIs). Technology can also be used to automate processes.

Cost-Benefit 57

Cost-Benefit Finance Optimization Key Performance Indicator 57

IBM Big Data Hub

FEBRUARY 13, 2024

Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. For some organizations, reducing risk with strategic sourcing means moving towards deglobalization by using sourcing strategies like near-sourcing and vertical integration.

Cost-Benefit 78

Cost-Benefit Scorecard Risk Recreation/Entertainment 78