CIO Business Intelligence

JANUARY 11, 2024

To get back in front, IT leaders will have to transform lessons learned from 2023 into actionable, adaptable processes, as veteran technology pros have been remarkably consistent in identifying global and economic uncertainties as key challenges for IT leaders to anticipate in 2024 as well.

IT 122

IT Uncertainty Cost-Benefit Strategy 122

CIO Business Intelligence

JANUARY 24, 2024

Most importantly, we need to have built-in intelligence in our security systems (like instilling the right moral standards in children instead of just regulating their behaviors) so that they can be adaptive to make the right and robust judgment calls without drifting away easily by bad inputs. Artificial Intelligence

Modeling 133

Modeling Machine Learning Cost-Benefit Software 133

FineReport

APRIL 21, 2024

From addressing implementation challenges to conducting a comparative analysis of leading options, we delve into how embedded BI tools empower organizations to make informed decisions and drive business intelligence initiatives with unprecedented efficiency and precision. What Are the Main Benefits of Embedded BI Tools?

Dashboards 52

Dashboards Visualization Interactive Business Intelligence 52

CIO Business Intelligence

DECEMBER 18, 2023

Developing generative AI implementation strategies will be imperative for technology leaders, prioritizing key areas such as business model building, internal operational improvements, risk mitigation, and overall organizational efficiency. and made rapid progress towards becoming “digital businesses”.

Cost-Benefit 88

Cost-Benefit Risk Strategy Manufacturing 88

CIO Business Intelligence

JANUARY 12, 2024

From market shifts to IT strategies, here are the hot CRM trends for 2024. Industry CRMs heed the call The increased verticalization of CRM is a key trend for 2024, says Forrester’s Leggett. This enables organizations to get up and running quicky and to realize the benefits quickly, says Leggett. “It

Sales 116

Sales Marketing Data-driven Interactive 116

Jen Stirrup

FEBRUARY 23, 2024

In this blog post, we will explore the key trends that will shape the landscape of data observability in 2024. Soup to Nuts: End-to-End Data Observability In 2024 and beyond, data observability will move beyond focusing on individual units of data pipelines to include end-to-end observability throughout the data estate.

Data-driven 74

Data-driven Data Governance Data Quality Cost-Benefit 74

FineReport

MARCH 31, 2024

In 2024, business intelligence (BI) software has undergone significant advancements, revolutionizing data management and decision-making processes. Data-driven Decisions: BI tools empower businesses to make informed decisions by furnishing actionable insights, optimizing operations, and uncovering growth opportunities.

Dashboards 52

Dashboards Visualization Data mining Data-driven 52

CIO Business Intelligence

FEBRUARY 12, 2024

SAP customers have a lot to navigate in 2024. In addition, SAP customers should understand the benefits, protections, and limitations that SAP will provide in exchange for access to data. But referenceable flagship implementations across industries are limited, particularly at the enterprise customer level.

Consulting 90

Consulting Cost-Benefit Strategy Modeling 90

CIO Business Intelligence

MAY 24, 2024

This was one area addressed in the HP-sponsored IDC whitepaper on the benefits of integrating managed device services, published in April 2024 [1]. Register here to read the full HP-sponsored IDC whitepaper on the benefits of integrating managed device services. [1]

Management 90

Management IT Cost-Benefit Metrics 90

CIO Business Intelligence

APRIL 19, 2024

Companies buying the marketing hype about the benefits of AI need to look for proofs of concept, added Mark McDonald, a distinguished vice president analyst at Gartner. AI promises cost savings, productivity improvements, and better customer experiences, but CIOs need to figure out how to calculate the ROI , McDonald said.

IT 124

IT Software Cost-Benefit ROI 124

CIO Business Intelligence

FEBRUARY 12, 2024

On one hand, 76% of IT leaders agree that genAI will be significant if not transformative in boosting productivity, streamlining processes and reducing costs for their organizations, according to a Dell survey. Even as organizations plan to boost spending on genAI in 2024. 3 Accenture 2024: Pulse of Change Index, Accenture, Jan.

IT 117

IT Consulting Cost-Benefit Uncertainty 117

CIO Business Intelligence

MAY 8, 2024

This approach offers several benefits, including scalability, cost-efficiency, and reduced maintenance overhead, as the cloud provider handles the infrastructure management and scaling.

Data Integration 73

Data Integration IoT Cost-Benefit Data Quality 73

CIO Business Intelligence

MAY 29, 2024

The Dublin-based, global professional services leader had grown significantly organically and inorganically, including expanding into diverse businesses, propelled by $14 billion invested in more than 177 acquisitions in the last five years.

Cost-Benefit 97

Cost-Benefit Finance Strategy Risk 97

Jet Global

MARCH 25, 2024

Like many other service providers, hospitals depend on their customers (patients) to run their business. However, in order to thrive, they must also operate sustainably and mange costs. Average treatment cost can be used in conjunction with maximum or range of treatment cost to bring light to patient cost patterns.

Reporting 52

Reporting KPI Key Performance Indicator Metrics 52

CIO Business Intelligence

JANUARY 22, 2024

McKinsey & Company estimates that the annual increase of costs related to cybercrime will reach $10.5 Organizations across all industries can benefit from secure practices to limit their remote access exposures.

Digital Transformation 117

Digital Transformation Risk Cost-Benefit Risk Management 117

Jet Global

MARCH 23, 2024

Act on the KPIs : To fully benefit from setting, reviewing, and analyzing KPIs, the organization must learn to trust the KPIs when it comes to decision making. 5 Things Not to do When Choosing a Financial Reporting Tool Download Now Budgeting ratio : This government KPI is the ratio of the public sector operating cost to its revenue.

Reporting 52

Reporting KPI Metrics Measurement 52

CIO Business Intelligence

MARCH 5, 2024

It’s time to get to business. That’s one of the main themes from IDC’s recent predictions report, “IDC FutureScape: Worldwide Artificial Intelligence and Automation 2024 Top 10 Predictions”. 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 104

Key Performance Indicator Cost-Benefit KPI Software 104

CIO Business Intelligence

MAY 8, 2024

For Expion Health, a cumbersome manual process to determine what rates to quote to potential new customers had become a cap on the healthcare cost management firm’s ability to grow its business. Expion hasn’t yet calculated the potential new business created, but the tool will save the company the cost of about 1.5

IT 93

IT Cost-Benefit Insurance Unstructured Data 93

CIO Business Intelligence

APRIL 10, 2024

Yet the calculus may not be so simple when one considers the costs to operate there as well as the fact that GenAI systems sometimes produce outputs that even data engineers, data scientists, and other data-obsessed individuals struggle to understand. Cost concerns aren’t the only reason to conduct inferencing on premises.

Cost-Benefit 125

Cost-Benefit Modeling Strategy Interactive 125

CIO Business Intelligence

APRIL 11, 2024

Far from just gimmicks, these use cases will usher in a new era of smart stores that boost customer experience while increasing staff efficiency to drive down costs. The result is fewer mistakes, lower costs, happier customers, and less stressed employees. RFID tags have been around for decades and now cost just pennies.

Cost-Benefit 120

Cost-Benefit Technology Sales Visualization 120

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 143

Strategy Cost-Benefit Data Processing Data-driven 143

CIO Business Intelligence

MAY 30, 2024

To achieve that, we needed a cost-effective solution that could streamline workflows, provide a robust view of procurement processes in real-time, identify rogue spending, and enable us to audit all agencies by the Dec. The demand is coming from companies [that] have been told by strategy firms that they must cut costs to preserve margins.

IT 127

IT Cost-Benefit Key Performance Indicator Dashboards 127

CIO Business Intelligence

MAY 13, 2024

“We know what we’re trying to achieve, because we know the business goals and objectives,” We want to grow substantially, and we want to do that with speed,” says Bilker, whose clarity on IT’s business objectives mirror the top directives CEOs are giving their CIOs, according to the 2024 State of the CIO Study from Foundry, publisher of CIO.com.

IT 126

IT Digital Transformation ROI Strategy 126

CIO Business Intelligence

MARCH 18, 2024

billion in 2024 to $521.0 When it comes to AI, Nafde sees risks in the vendors selected, the business-worthiness of the use case, and the cost of the initiative. To find promising use cases, Webster Bank canvassed several dozen proposals and decided to start with three that could deliver tangible benefits. Nafde agrees.

Risk 126

Risk Cost-Benefit Data Processing Testing 126

CIO Business Intelligence

MAY 17, 2024

And in the adjustment to a post-pandemic workforce, employees and employers have found a new battleground, with IT pros continuing to seek remote and flexible work opportunities, while companies grapple with the cost of following through with return-to-office mandates.

IT 130

IT Insurance Reporting Manufacturing 130

FineReport

APRIL 21, 2024

Introduction to the World of SaaS BI Tools In today’s data-driven business landscape, SaaS BI tools have emerged as indispensable assets for companies seeking to harness the power of data. But what exactly are SaaS BI tools , and why do they matter in the realm of modern business intelligence? What Are SaaS BI Tools?

Business Intelligence 52

Business Intelligence Visualization Dashboards Data-driven 52

CIO Business Intelligence

FEBRUARY 29, 2024

The ask-an-expert tool enables manufacturers to increase productivity, drive down costs, and improve employees’ work-life balance. In one case involving air bags, 60 to 70 million vehicles were recalled worldwide , across at least 19 manufacturers, costing close to €25bn. Avanade is attending Hanover Messe 2024.

Manufacturing 102

Manufacturing Unstructured Data Cost-Benefit Risk 102

CIO Business Intelligence

DECEMBER 12, 2023

At the core of the Linz AI ecosystem is the Artificial Intelligence Lab at the Linz Institute of Technology (LIT) , where Austrian AI pioneer Sepp Hochreiter and his team conduct research in the field of deep learning, thus facilitating the industrial use of AI. Companies like Dynatrace benefit from this set-up.

Technology 96

Technology Cost-Benefit Deep Learning Measurement 96

CIO Business Intelligence

DECEMBER 19, 2023

This is aligned with research firm Gartner’s predictions that the software and IT services segments will both see double-digit growth in 2024, largely driven by cloud spending. This tendency to silo security tools and inefficiency creates vulnerabilities and unnecessary costs.

ROI 100

ROI Cost-Benefit Data-driven Enterprise 100

CIO Business Intelligence

MAY 30, 2024

According to Forrester’s 2024 predictions, 60% of skeptics will overcome their gen AI doubts by the end of the year and appreciate it for its uses in conversational assistants, and its ability to translate and synthesize content. On the cost side, however, he didn’t have to ask to buy more GPUs, because it adopted AI as-a-service.

Cost-Benefit 96

Cost-Benefit Sales Modeling Experimentation 96

CIO Business Intelligence

NOVEMBER 1, 2023

SAP Build Code The new suite will bring together a number of SAP’s existing design and run-time services when it becomes generally available in early 2024. We don’t have a lot of evidence indicating that full-time and line-of-business developers are working together closely and simultaneously to build digital solutions,” said Rosen.

Enterprise 129

Enterprise Cost-Benefit Unstructured Data Software 129

CIO Business Intelligence

MAY 28, 2024

Shortly after being named CIO of the low-cost, Minnesota-based airliner last year, Jim Stathopoulos immediately set about implementing automated self-service systems in the form of e-vouchers for customers whose flights are delayed by weather, mechanical issues, or faulty ground service.

IT 52

IT Digital Transformation Cost-Benefit Data Lake 52

CIO Business Intelligence

AUGUST 7, 2023

IDC forecasts the growth rate of enterprise applications software sales will pick up in 2024, and remain steady through 2027, despite a dip this year as a result of CIOs continuing to pull back on spending due to economic headwinds. this year, before picking up again in 2024 and averaging 9.6% Software sales grew 9.8% through 2027.

Sales 52

Sales Enterprise Cost-Benefit Software 52

CIO Business Intelligence

JANUARY 4, 2023

billion, with up to $1 billion of those costs being shouldered by the company in the fourth quarter of 2023. Salesforce said these costs consist of up to $1.4 The company said it expects to complete most of the employee restructuring plan by the end of fiscal year 2024, and to finish its real-estate restructuring in fiscal 2026.

IT 99

IT Cost-Benefit Insurance Measurement 99

CIO Business Intelligence

APRIL 1, 2024

That’s not hyperbole: TEKsystems’ 2024 State of Digital Transformation report found that 53% of organizations classified as digital leaders are confident that their digital investments will meet expected ROIs. In contrast, only 27% of those categorized as DX laggards say as much.

Strategy 140

Strategy IT ROI Digital Transformation 140

Smarten

FEBRUARY 13, 2022

The world-renowned technology research firm, Gartner, predicts that, ‘through 2024, 50% of organizations will adopt modern data quality solutions to better support their digital business initiatives’. As businesses consider the options for data analytics, it is important to understand the impact of solution selection.

Analytics 52

Analytics Key Performance Indicator Business Intelligence ROI 52

CIO Business Intelligence

MARCH 5, 2024

It’s better to do it quickly, like taking a Band-Aid off, even if it hurts for a short time,” he summed up at the recent Hamburg IT Strategy Days 2024. Today, we have effective, cost-effective IT,” he says. “We As a result, IT is perceived by the business in a completely different way, and not the cumbersome corporate IT of the past.

IT 100

IT Digital Transformation Cost-Benefit Strategy 100