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 57

Cost-Benefit Machine Learning Modeling Uncertainty 57

Smart Data Collective

JANUARY 30, 2023

After all, it can mean their search engine optimization (SEO) techniques are working. Consider your return on investment (ROI) when adjusting—factor in all potential variables. AI technology is also making it easier for marketers to optimize their advertising budgets. SEO efforts can take time.

Advertising 97

Advertising Cost-Benefit Marketing Strategy 97

IBM Big Data Hub

JANUARY 15, 2024

The plan aimed to address digital transformation along with a digital construction plan for 2023. The office sought a practical solution for process optimization and automation to address the aforementioned issues. While optimizing management mechanisms for cost reduction, efficiency enhancement, and risk mitigation.

Digital Transformation 68

Digital Transformation Insurance Optimization ROI 68

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 135

Cost-Benefit Metrics Insurance Measurement 135

CIO Business Intelligence

JULY 17, 2023

Professional investors factor in certain financial targets and risk tolerance as they pursue maximum ROI. Like investors, they seek optimal outcomes while minimizing risks. Cloud rebalancing or optimization? 1 Multicloud Architecture: Workload Movement Considerations, Dell, April 2023. IT leaders can relate to this dance.

Cost-Benefit 70

Cost-Benefit Optimization ROI Strategy 70

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. Key Features and Benefits Learn more below on some of the key features that make VMware Cross-Cloud managed services a game-changer for customers.

Management 65

Management Cost-Benefit Optimization ROI 65

CIO Business Intelligence

NOVEMBER 15, 2023

2023 has been a break-out year for generative AI technology, as tools such as ChatGPT graduated from lab curiosity to household name,” CIO writes in a roundup of the latest generative AI announcements. The breakout launch last year of OpenAI’s ChatGPT generative AI chatbot has without doubt opened the floodgates of vendor AI promises.

Digital Transformation 118

Digital Transformation Cost-Benefit ROI Manufacturing 118

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. Optimized: Cloud environments are now working efficiently and every new use case follows the same foundation set forth by the organdization.

Modeling 91

Modeling Cost-Benefit Optimization Digital Transformation 91

CIO Business Intelligence

MARCH 18, 2024

To avoid unnecessary losses, ensure your platform is optimized for conversions. Average checkout conversion uplift includes a subset of 4 competitors from 2023 checkout conversion study: Salesforce, BigCommerce, WooCommerce, Adobe Commerce ). “Our Shopify offers the best-converting checkou t in the world.

Enterprise 65

Enterprise ROI Consulting Sales 65

CIO Business Intelligence

MARCH 3, 2024

For its 2023 Security Priorities report, Foundry surveyed 790 IT security workers to understand their projects and priorities. Its conclusions were less than optimal. The adversaries, at least for now, have the upper hand on many global organisations,” the report concluded.

IT 94

IT Measurement Risk Testing 94

Jet Global

JUNE 24, 2023

KPIs must be utilized to identify opportunities for maximization and optimization. Fundraising return on investment (ROI) : this metric is used by non-profits to gauge the performance of each of its campaigns. This knowledge will allow the business to optimize its efforts and model other campaigns after its most successful program.

Metrics 52

Metrics Reporting KPI Measurement 52

Cloudera

OCTOBER 30, 2023

The FinOps framework is helping organizations to obtain the best ROI for their cloud transformation. According to the Flexera 2023 survey 1 , 82 percent of enterprises and SMBs pointed to cost management as the main challenge they are trying to overcome. A team’s productivity can be optimized through accurate features of benchmarking.

Analytics 77

Analytics Cost-Benefit ROI Business Objectives 77

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 I call that “digital resilience for the win!”

Machine Learning 190

Machine Learning Metrics Reporting Internet of Things 190

CIO Business Intelligence

OCTOBER 3, 2023

With demand for low-cost energy ever increasing, along with competition from renewable sources of energy, ConocoPhillips is leveraging digital twins to optimize the safety and efficiency of its assets. Dubbed the ConocoPhillips Global Digital Twin Program, it’s earned ConocoPhillips a 2023 CIO 100 Award in IT Excellence.

Digital Transformation 101

Digital Transformation Cost-Benefit Data Processing Optimization 101

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. Is this initiative about optimization or about growth and disruption? “A Digital transformation has become an essential part of business success.

Digital Transformation 141

Digital Transformation Measurement Data-driven Metrics 141

IBM Big Data Hub

NOVEMBER 29, 2023

In 2023, the IBM® Institute for Business Value (IBV) surveyed 2,500 global executives and found that best-in-class companies are reaping a 13% ROI from their AI projects—more than twice the average ROI of 5.9%.

Unstructured Data 86

Unstructured Data Data-driven ROI Machine Learning 86

CIO Business Intelligence

MARCH 11, 2024

2023 was a challenging year, to say the least, for our industry – and software/SaaS vendors were hit particularly hard. A generic CRM might manage leads, but can it optimize industry pricing? This translates to higher productivity, improved decision-making, and ultimately, higher ROI.

Manufacturing 74

Manufacturing Cost-Benefit Finance Marketing 74

CIO Business Intelligence

DECEMBER 29, 2023

Adaptability and useability of AI tools For CIOs, 2023 was the year of cautious experimentation for AI tools. Also, CIOs are asking what processes other people are using around determining proof of concepts, use cases, and ROI for generative AI,” he says.

Cost-Benefit 128

Cost-Benefit Digital Transformation Consulting Strategy 128

erwin

AUGUST 31, 2023

Reduced Data Redundancy : By eliminating data duplication, it optimizes storage and enhances data quality, reducing errors and discrepancies. NoSQL databases challenge the dominance of the relational model in certain use cases by offering alternative data models optimized for specific scenarios. by Quest ®. Save My Spot!

Data-driven 98

Data-driven Modeling Enterprise Structured Data 98

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 A private cloud can optimize performance by isolating workloads on dedicated servers.

Data Processing 93

Data Processing Cost-Benefit Software Digital Transformation 93

CIO Business Intelligence

JUNE 13, 2022

Juniper Research predicts that chatbots will account for 79% of successful mobile banking interactions in 2023. Juniper Research forecasts that in 2023 the global operational cost savings from chatbots in banking will reach $7.3 These firms achieve excellent performance with superior ROI on Dell Validated Designs for AI.

Data Processing 81

Data Processing Deep Learning Insurance Cost-Benefit 81

IBM Big Data Hub

AUGUST 16, 2023

Gartner predicted that cloud spending would reach nearly $600 billion by the end of 2023. Like other IT expenditures, cloud costs can skyrocket and threaten ROI without the right cloud management solutions. Embracing cloud optimization tools and automation can keep costs down, especially for periods of low resource usage.

Cost-Benefit 65

Cost-Benefit Data Processing Optimization Software 65

BizAcuity

APRIL 25, 2022

According to Statista, the US online gambling market is expected to reach $93 billion by 2023 from $67 billion in 2022. . The casino operators are expected to face known challenges of rising competition, decreasing ROI, and a high churn rate. ROI is sacrosanct for a casino business. No ROI, no investment.

Marketing 52

Marketing Strategy ROI Digital Transformation 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 91

Cost-Benefit Modeling Manufacturing Interactive 91

datapine

MAY 31, 2022

Luckily there are several ways to keep cloud costs in check , for example, optimizing costs by conducting better financial analytics and reporting, automating policies for ruling, or keeping the management reporting practice on the course, so that these issues in computing could be decreased. Lack of resources/expertise. Governance/Control.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

IBM Big Data Hub

MAY 9, 2023

This results in both increased ROI and much faster time to market. Optimized for all data, analytics and AI workloads, watsonx.data combines the flexibility of a data lake with the performance of a data warehouse, helping businesses to scale data analytics and AI anywhere their data resides.

Data Warehouse 107

Data Warehouse Machine Learning Cost-Benefit Metadata 107

IBM Big Data Hub

AUGUST 15, 2023

Recent AI developments are also helping businesses automate and optimize HR recruiting and professional development, DevOps and cloud management, and biotech research and manufacturing. In addition, deeper insights on market and consumer trends can help teams develop new products. How will you empower teams to make use of your data?

IT 76

IT Data Governance Modeling Cost-Benefit 76

CIO Business Intelligence

APRIL 19, 2022

Connecting systems with RPA may be trivial, but it has very limited ROI until the business is ready to break the silos and redesign end to end processes. Gartner notes that by 2023, “almost all major RPA vendors will offer a broader process automation and integration platform combining screen scraping with APIs.”.

Digital Transformation 97

Digital Transformation Insurance ROI Business Objectives 97

IBM Big Data Hub

JUNE 2, 2023

Our approach focuses on business data domain-centric initiatives that can deliver value in the short term and create a development ecosystem conducive to incremental optimization—instead of a risky big-bang application and infrastructure update.

Consulting 81

Consulting Cost-Benefit Technology ROI 81

IBM Big Data Hub

SEPTEMBER 11, 2023

Db2 (LUW) was born in 1993, and 2023 marks its 30th anniversary. Forrester’s 2022 Total Economic Impact Report for Data Management highlights the impact Db2 and the IBM data management portfolio is having for customers: Return on investment (ROI) of 241% and payback <6 months.

Machine Learning 86

Machine Learning Cost-Benefit IoT Data Warehouse 86

CIO Business Intelligence

JANUARY 12, 2023

We went through the process of matching customer personas and employee personas, and got a huge amount of optimizations,” he says. They would have looked at the ROI and stopped the program.” And according to Gartner , the RPA software market grew 19.5% last year compared to 2021, and is expected to grow 17.5%

Consulting 145

Consulting Technology Software Reporting 145

IBM Big Data Hub

MAY 10, 2023

The potential to realize up to 470% ROI over three years is possible. As we enjoy IBM Think 2023, I’m excited to share a litany of new updates to our business, products and solutions that we believe will help organizations better identify and execute high-impact automations across business and IT to arrive at stronger business outcomes.

Enterprise 82

Enterprise Uncertainty ROI Digital Transformation 82

DataKitchen

MARCH 16, 2023

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. It helps optimize team performance and ensures that the team’s work aligns with the organization’s strategic goals.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

CIO Business Intelligence

FEBRUARY 14, 2023

Lessons not learned from the past Organizations have over the past decade put a tremendous amount of energy and effort into becoming data driven but many still struggle to achieve the ROI from data that they’ve sought. An enterprise data ecosystem architected to optimize data flowing in both directions.

Data Strategy 103

Data Strategy Strategy Machine Learning Data-driven 103

Jet Global

SEPTEMBER 26, 2023

What are the top CFO priorities for 2023 and beyond? The Q&A What is your company doing to strengthen its position in 2023 and beyond? John Lawrence: We’re looking really at the broader economy and across our portfolio of companies, assuming we will have a recessionary period in 2023 or thereafter.

Marketing 52

Marketing Finance Reporting Operational Reporting 52

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 AI optimizes business processes, increasing productivity and efficiency while automating repetitive tasks and supporting human capabilities.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

AWS Big Data

MARCH 17, 2023

The response has been overwhelmingly positive, leading to the development of two additional analytics dashboards, Job Postings and Onboarding, both set to be released in the first half of 2023. They want to see how their job postings are performing, if there is a drop in any posting, and opportunities to optimize their process.

Dashboards 52

Dashboards IT Data Lake Visualization 52