CIO Business Intelligence

MAY 29, 2024

By moving to RISE with SAP, Accenture was able to simplify its IT landscape, reduce its total cost of ownership, and gain access to the latest innovations and best practices from SAP. Since the strategy was introduced, 21 percent of the platform’s custom code has been removed, improving performance and reducing overhead.

Cost-Benefit 120

Cost-Benefit Finance Strategy Risk 120

CIO Business Intelligence

JUNE 3, 2024

However, amidst the allure of newfound technology lies a profound duality—the stark contrast between the benefits of AI-driven software development and the formidable security risks it introduces. Moreover, the report underscores the critical need for organizations to prioritize security in their AI-driven development initiatives.

Testing 108

Testing Risk Data-driven Cost-Benefit 108

CIO Business Intelligence

JULY 31, 2023

For those companies operating on a calendar year, the end of summer signals the start of annual planning and the mad dash to prepare their IT strategies. Your answers will lay the foundation for your strategy and highlight where your story needs work if you want to avoid fire drills in the eleventh hour. How much will it cost?

Strategy 93

Strategy IT Cost-Benefit Finance 93

CIO Business Intelligence

MAY 8, 2024

According to a recent report by InformationWeek , enterprises with a strong AI strategy are 3 times more likely to report above-average data integration success. This enables organisations to unlock the full potential of their data assets, making informed decisions and driving innovative business strategies.

Data Integration 73

Data Integration IoT Cost-Benefit Data Quality 73

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 126

IT Insurance Reporting Manufacturing 126

CIO Business Intelligence

JUNE 3, 2024

While most business leaders know their cloud costs are rising, far fewer are aware of the one small detail that can make a 5X difference in the price they’ll pay to lower those costs. A 2024 research study of 500 IT departments and cost management programs reveals the answer, and it all comes down to your approach.

Management 77

Management Cost-Benefit Optimization ROI 77

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 131

IT Cost-Benefit Key Performance Indicator Dashboards 131

IBM Big Data Hub

APRIL 22, 2024

With 2024 on track to be the hottest year on record , data and AI can be applied to many areas to help supercharge sustainability efforts. Using AI, business teams can “clean” data, manage through gaps, and report across different frameworks. The world is behind on addressing climate change.

IoT 77

IoT Internet of Things Cost-Benefit Reporting 77

O'Reilly on Data

APRIL 23, 2024

But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. Back in 1971, in a talk called “ Designing Organizations for an Information-rich World ,” political scientist Herbert Simon noted that the cost of information is not just money spent to acquire it but the time it takes to consume it. “In

Advertising 279

Advertising Cost-Benefit Marketing Risk 279

IBM Big Data Hub

DECEMBER 12, 2023

An IBM CEO study , based on interviews with 3,000 CEOs worldwide, reveals that CEOs who successfully integrate sustainability and digital transformation report a higher average operating margin than their peers. Strategic planning and operational efficiency Strategic maintenance planning drives significant cost savings.

Management 69

Management Cost-Benefit Optimization Strategy 69

CIO Business Intelligence

APRIL 25, 2022

In addition, “Of the 31% with AI in production, only one third claim to have reached a mature state of adoption wherein the entire organization benefits from an enterprise-wide AI strategy.”. Ready to evolve your analytics strategy or improve your data quality? So what’s the problem? The approach works.

Machine Learning 122

Machine Learning Enterprise Deep Learning Cost-Benefit 122

CIO Business Intelligence

JANUARY 8, 2024

Instead, the publicly held operator of Cathay Pacific Airlines and HK Express is shifting from migration to optimization mode in an effort to wrest additional benefits from its all-in cloud transformation. Enhanced automation and self-service will also be emphasized as part of the cloud optimization strategy, Nair says.

Optimization 91

Optimization Digital Transformation Cost-Benefit Data Warehouse 91

IBM Big Data Hub

APRIL 18, 2024

While leaders have some reservations about the benefits of current AI, organizations are actively investing in gen AI deployment, significantly increasing budgets, expanding use cases, and transitioning projects from experimentation to production. 46% of survey respondents in 2024 showed a preference for open source models.

Cost-Benefit 89

Cost-Benefit Modeling Manufacturing Interactive 89

CIO Business Intelligence

JANUARY 8, 2024

To stay on top of both old and new challenges, IT chiefs should evaluate their current business and technology strategies and, when necessary, adjust them to address rapidly evolving technology, business, and economic practices. Doing so requires a robust data management strategy.

Cost-Benefit 138

Cost-Benefit Digital Transformation Optimization Measurement 138

FineReport

APRIL 21, 2024

Defining Business Intelligence and SaaS Business Intelligence (BI) encompasses the technologies and strategies used for data analysis and decision-making within organizations. In the next section, we’ll delve deeper into the key features and benefits of these transformative tools. What Are SaaS BI Tools?

Business Intelligence 52

Business Intelligence Visualization Dashboards Data-driven 52

CIO Business Intelligence

DECEMBER 22, 2023

To tackle that, businesses are turning their budgets toward the cloud, with two out of every three IT decision-makers planning to increase cloud budgets in 2024, and nearly a third (31%) reporting that 31% of their IT budget is earmarked for cloud computing, according to the 2023 Cloud Computing Study from CIO.com parent company Foundry.

Consulting 116

Consulting Software Business Objectives Optimization 116

FineReport

APRIL 9, 2024

Benefits of Healthcare Business Intelligence Tools Improved Decision-Making: Healthcare BI tools enable informed decision-making by providing real-time data analysis and predictive insights. Optimized Operational Efficiency: These tools streamline processes and resource allocation, leading to cost savings and improved resource utilization.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

AWS Big Data

APRIL 25, 2024

To address this challenge, common practices like partitioning and bucketing can significantly improve query performance and reduce computation costs. Most of the queries are for specific stations with specific report types. The queries need to complete in 10 seconds, and the cost needs to be optimized carefully.

Optimization 65

Optimization Data Lake Cost-Benefit Reporting 65

IBM Big Data Hub

JULY 12, 2023

As a leading financial group in Spain, CaixaBank has long been an innovator by taking a technology-first approach by placing innovation, digital transformation, customer experience and sustainable banking at the forefront of its strategy. When it comes to infrastructure, we know any system downtime has real-world consequences and costs.

Digital Transformation 49

Digital Transformation Finance Cost-Benefit Data Processing 49

IBM Big Data Hub

NOVEMBER 8, 2023

At the beginning of the year, we laid out a new strategy for IBM Power under the leadership of Ken King, who will be retiring by the end of 2023 after forty years with IBM. Oracle will be releasing Oracle Database 23c on Power , as part of their next Long Term Release as reported in April 2023.

Strategy 93

Strategy Data-driven Cost-Benefit Digital Transformation 93

IBM Big Data Hub

DECEMBER 18, 2023

As we look ahead to 2024, enterprises around the world are undoubtedly evaluating their progress and creating a growth plan for the year to come. With these capabilities, we aim to enable clients to control who has access to their data while still leveraging the benefits of the cloud.

Digital Transformation 63

Digital Transformation Risk Data Processing Enterprise 63

AWS Big Data

MAY 31, 2024

We’re thrilled to announce that AWS has been named a Leader in the IDC MarketScape: Worldwide Analytic Stream Processing Software 2024 Vendor Assessment (doc #US51053123, March 2024). You can read the full report from IDC. There are no servers and clusters to manage, and there is no compute and storage infrastructure to set up.

Software 81

Software Analytics Cost-Benefit Data-driven 81

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 124

IT Digital Transformation ROI Strategy 124

CIO Business Intelligence

APRIL 22, 2024

As such, Scavuzzo and his team look for technologies that do way more than boost productivity or cut costs. But we took a step back and asked, ‘What if we put in the software we think is ideal, that integrates with other systems, and then automate from beginning to end, and have reporting in real-time and predictive analytics?’”

IT 98

IT Data-driven Strategy Consulting 98

IBM Big Data Hub

JANUARY 30, 2024

Increasingly, enterprise organizations are adopting a multicloud approach—the use of cloud services from more than one cloud vendor—to optimize performance, control costs and prevent vendor lock-in. billion in 2024, up from $563.6 Uncontrolled costs: More clouds and cloud services translate into more cloud bills.

Strategy 91

Strategy Cost-Benefit Risk Optimization 91

IBM Big Data Hub

FEBRUARY 26, 2024

Because lineage creates an environment where reports and data can be trusted, teams can make more informed decisions. With this expanded observability, incidents can be prevented in the design phase or identified in the implementation and testing phase to reduce maintenance costs and achieve higher productivity. Stakeholders?

Cost-Benefit 91

Cost-Benefit Metadata Data Governance Reporting 91

IBM Big Data Hub

FEBRUARY 19, 2024

Financial benefits include increased revenue through the creation of adjacent industry business models, accessing new markets to establish more revenue streams, and growing existing revenue. Cost optimization can be achieved through a combination of productivity enhancements, infrastructure savings and reductions in operating expenses.

Cost-Benefit 63

Cost-Benefit Data-driven Optimization Marketing 63

Jen Stirrup

FEBRUARY 24, 2024

Artificial Intelligence revolutionizes large and small businesses with automation, data analysis, and improved customer experiences, offering cost savings and a competitive edge. Artificial Intelligence is transforming industries and everyday lives, but how can it benefit small businesses? What is AI?

Cost-Benefit 71

Cost-Benefit Data-driven Testing Sales 71

CIO Business Intelligence

FEBRUARY 22, 2024

Increasing pressures around environment, social, and governance (ESG) concerns have organizations across industries turning to their CIOs to revamp their strategies for ESG reporting. To date, many companies have merely repurposed existing technology solutions for their ESG reporting needs.

Software 76

Software Reporting KPI Enterprise 76

CIO Business Intelligence

JUNE 12, 2024

In 2018, IBM published a report about the impact of Artificial Intelligence (AI) in the public sector titled, “The Future Has Begun.” Today, the report would be titled, “The Future is Here.” The report estimated that AI could save governments up to $41B+ annually. annually. The Pentagon requested $1.8B

Cost-Benefit 109

Cost-Benefit Reporting Publishing Interactive 109

CIO Business Intelligence

MARCH 21, 2022

It’s especially poignant when we consider the extent to which financial data can steer business strategy for the better. Way back in 1999, his team did a cost-benefit analysis of the free shipping model, which is arguably one of the key drivers of Amazon’s stupendous growth. billion a year. Out of that, $6.1

Data-driven 103

Data-driven IT Finance Forecasting 103

IBM Big Data Hub

FEBRUARY 2, 2024

A 2023 report found that global investment in green or low-carbon energy sources exceeded USD $1 trillion, 1 while advanced data collection tools and artificial intelligence (AI) are helping to better monitor emissions and inform sustainability strategy. Today, sustainability efforts are being shaped by new urgency and new technology.

Optimization 85

Optimization Cost-Benefit Strategy Technology 85

IBM Big Data Hub

FEBRUARY 12, 2024

A key reason for this hesitancy is the complexity and cost of migrating to a new ERP platform. SAPinsider’s RISE with SAP 2023 report identified the primary benefit as the single contract that enables a cost-effective move 2. SAP offers both cloud and on-prem deployment options for S/4HANA.

Cost-Benefit 67

Cost-Benefit Data Processing Consulting ROI 67

DataRobot Blog

MARCH 23, 2023

Difficulties faced when moving models into production include cost and a lack of automation – cited by over 55% of respondents to a recent IDC study. This is why businesses are increasingly investing in machine learning operations (MLOps): IDC predicts by 2024, 60% of enterprises will have operationalized their ML workflows by using MLOps.

Machine Learning 52

Machine Learning Cost-Benefit Modeling Testing 52

IBM Big Data Hub

FEBRUARY 6, 2024

A prime benefit of cloud computing for business is its flexibility for quickly and efficiently scaling resources to meet business demands, freeing organizations from investing time and expense into expanding their own physical IT infrastructure. Automation Automation tools are a significant feature of cloud-based infrastructure.

Cost-Benefit 99

Cost-Benefit Digital Transformation Software Modeling 99

IBM Big Data Hub

APRIL 11, 2024

These include national strategies, agendas and plans; AI coordination or monitoring bodies; public consultations of stakeholders or experts; and initiatives for the use of AI in the public sector. For example, New York City published its own AI Action plan in October 2023, and formalized its AI principles in March 2024.

Risk 74

Risk Consulting Modeling Data Processing 74

Andrew White

JANUARY 9, 2022

For example I would argue that most organizations that report their carbon footrest are not doing it consistently and nor are they doing it correctly. Yet there is no inclusion in the conversation about the costs and issues related to the battery and materials used in the most expensive part of the EV. That is the key.

Analytics 64

Analytics Measurement Modeling Data-driven 64