Smart Data Collective

JULY 22, 2019

Big or small, every business needs good tools to analyze data and develop the most suitable business strategy based on the information they get. Business intelligence tools are means that help companies get insights from their data and get a better understanding of what directions and trends to follow.

Business Intelligence 80

Business Intelligence Cost-Benefit Dashboards Visualization 80

CIO Business Intelligence

FEBRUARY 7, 2024

“Good governance is the telemetry on that investment, from which operational and tactical plans can be adjusted and focused to achieve strategic objectives,” he says. API-first strategies on the rise APIs are ubiquitous within modern software architectures, working behind the scenes to facilitate myriad connected capabilities. “As

Business Objectives 125

Business Objectives Cost-Benefit Strategy Data-driven 125

CIO Business Intelligence

MAY 7, 2024

Chief data officers have a lot to think about these days. Chief among them, they must ensure responsible, compliant use of their organizations’ data in the face of increasingly complex regulatory environments across the globe. At the end of the day, it’s all the company’s data or the consumer’s data,” he adds.

Data Strategy 131

Data Strategy Data-driven Data Quality Strategy 131

CIO Business Intelligence

JUNE 11, 2024

One reason CEOs restructure new digital, data, AI, or experience departments with separate C-level leaders is if IT is underperforming and the CIO isn’t driving transformation. What dataops, data governance, machine learning, and AI capabilities are IT developing as competitive differentiators?

IT 132

IT Digital Transformation Broadcasting Business Objectives 132

CIO Business Intelligence

OCTOBER 24, 2023

Business drivers for the first wave of digital transformation through 2020 targeted growth, data capabilities, cloud migration, and delivering competitive technology capabilities. With generative AI now a firm digital transformation priority , 2023-24 will mark the beginning of an AI-driven transformation era.

Digital Transformation 145

Digital Transformation Data-driven Business Objectives Strategy 145

CIO Business Intelligence

JUNE 5, 2023

However, the latest and largest UNGC-Accenture CEO study revealed that 91% of CEOs report insufficient technology solutions as a barrier to seizing opportunities in the net-zero transition, building resilience in their organization, and overcoming current volatility in the business landscape.

Software 106

Software Measurement Visualization Business Objectives 106

CIO Business Intelligence

NOVEMBER 17, 2023

For IHG Hotels and Resorts, the cloud provides just the right accommodation for business success. IHG also partners with Equinix, which provides interconnects across multiple regions to move data and workloads to and from various regions across the global IHG multicloud architecture with agility and high speed.

Forecasting 132

Forecasting Consulting Data-driven Digital Transformation 132

CIO Business Intelligence

AUGUST 9, 2023

Once a vanguard business strategy, digital transformation has become a perennial objective for business survival. Digital transformation has remained a top objective ever since, having accelerated in 2020, as work, commerce, and everyday activities shifted online in response to COVID-19 lockdowns.

Digital Transformation 137

Digital Transformation Strategy Data-driven Consulting 137

CIO Business Intelligence

FEBRUARY 27, 2024

Then, you should link your infrastructure adoption and governance strategy to specific business outcomes. You can still use your older phone for calls but suddenly, you can’t load new apps and it becomes easier for data to leak. Your risk of data breach increases as soon as your assets are no longer protected from cyberthreats.

Technology 106

Technology Management Manufacturing Cost-Benefit 106

CIO Business Intelligence

AUGUST 23, 2022

To address this requirement and ensure seamless connectivity, organizations are rapidly adopting consumption-driven NaaS models to balance the cost of their network growth with the digital experience of their stakeholders. The traditional method of purchasing based on price and product features is outdated.

Cost-Benefit 106

Cost-Benefit Business Objectives ROI Risk 106

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 137

IT Consulting Scorecard Key Performance Indicator 137

CIO Business Intelligence

JUNE 21, 2023

To guide business leaders in how to reskill their employees and hire new tech talent, they will first need to understand what’s changing and why. The study’s data shows that as automation eliminates repetitive tasks, the pendulum will swing toward the distinctly human skills of communication, creativity, and analytical thinking.

Modeling 106

Modeling Cost-Benefit ROI Digital Transformation 106

Smarten

APRIL 10, 2023

Gartner has predicted that, ‘predictive and prescriptive analytics will attract 40% of net new enterprise investment in the overall business intelligence and analytics market.’ Decisions are made on a more timely basis, problem solving is easier and the business can avoid re-work and damaging missteps in the market. It’s simple!

Predictive Analytics 52

Predictive Analytics Predictive Modeling Analytics Prescriptive Analytics 52

CIO Business Intelligence

FEBRUARY 13, 2024

IT then needs to analyze the data to identify potential issues in how IT services are delivered, and which user groups are most impacted,” Karalis says. Even if you’re an internal or service organization, you should be constantly driven by the amount of value you’re delivering to your stakeholders.” IT Leadership, IT Strategy

Metrics 140

Metrics IT ROI Measurement 140

CIO Business Intelligence

DECEMBER 4, 2023

Although less complex than the “4 Vs” of big data (velocity, veracity, volume, and variety), orienting to the variety and volume of a challenging puzzle is similar to what CIOs face with information management. Operationalizing data to drive revenue CIOs report that their roles are rising in importance and impact. What’s changed?

Unstructured Data 52

Unstructured Data Data Lake Metadata Business Objectives 52

CIO Business Intelligence

MARCH 13, 2023

Two decades of technology-driven transformation has left many financial services firms with significant complexity and technical debt. With the added challenge for IT leaders in the highly regulated financial services industry is that data security and business resiliency are unassailable business objectives.

Finance 52

Finance Data-driven Data Lake Cost-Benefit 52

CIO Business Intelligence

JUNE 12, 2023

COBIT is an IT management framework developed by the ISACA to help businesses develop, organize, and implement strategies around information management and IT governance. Overall, COBIT 2019 is designed to give businesses more flexibility when customizing an IT governance strategy. What is COBIT and why is it important?

Risk Management 94

Risk Management Strategy Digital Transformation Enterprise 94

CIO Business Intelligence

MARCH 15, 2022

The importance of data-driven insights may dominate C-level discussions, but evolving IT culture and business workflows that can successfully harness that data is less about talk and more about iterative action. They must also promote data as a shared business asset with value to drive agility and profitability.

IT 98

IT Data-driven Digital Transformation Business Objectives 98

CIO Business Intelligence

MAY 9, 2022

Successful Chief Information Officers (CIOs) and Chief Technology Officers (CTOs) align technology with the organization’s business plan, consistently leaning on updated three- to five-year strategic vision plans to guide data and technology choices that maximize value and support business objectives.

Digital Transformation 98

Digital Transformation Data-driven Sales Risk 98

CIO Business Intelligence

JUNE 21, 2022

IT governance should be well-defined, clearly understood, and led by principles that reflect your organization’s mission, vision, and strategy, advises Donna Bales, principal research director at Info-Tech Research Group. Treating data like a waste product. It’s no secret that data has become a highly prized asset.

IT 116

IT Risk Measurement Risk Management 116

CIO Business Intelligence

MAY 11, 2022

The CIO’s customer is the business itself. As such, the business’ needs must be understood. Asking the right questions to understand the business’ strategy and implementing architecture that supports the technology of the future is fundamental. Managing Director, Technology Strategy. Proactivity also is a must.

Management 98

Management Testing Insurance Finance 98

CIO Business Intelligence

JUNE 28, 2023

These circumstances have induced uncertainty across our entire business value chain,” says Venkat Gopalan, chief digital, data and technology officer, Belcorp. “As The R&D laboratories produced large volumes of unstructured data, which were stored in various formats, making it difficult to access and trace.

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

CIO Business Intelligence

AUGUST 24, 2022

A close partnership between the CIO and CHRO that aligns technology, data, and business process design and workflows can help redefine desired work behaviors, which in turn reshapes the culture,” Nardecchia says. Using real-time data helps us react more quickly when we notice trends.”. Honing strategic hiring priorities.

Digital Transformation 127

Digital Transformation Data-driven Technology Advertising 127

CIO Business Intelligence

APRIL 19, 2022

Process automation began with two promises: uniting disparate systems together and unleashing the massive trove of data that sits within your processes and back-office functions. The efficiency narrative is driven by platform DNA (think enterprise architecture). Its popularity coincides with the rise of RPA and process mining.

Digital Transformation 111

Digital Transformation Insurance ROI Business Objectives 111

CIO Business Intelligence

FEBRUARY 6, 2023

Executive leaders of small businesses and startups frequently lament that they lack the same access to data and insights that enterprise competitors and other more entrenched players enjoy. The solution: business intelligence tools While mindset is a difficult obstacle to overcome, technology and budget are easier ones to surmount.

Business Intelligence 91

Business Intelligence Forecasting Marketing Sales 91

Jet Global

MAY 10, 2019

Under scrutiny to demonstrate the value they add to a company’s strategy, many human resources (HR) departments are turning to analytics supported by key performance indicators (KPIs) and metrics. In today’s data-driven world, the role of HR is changing from an administrative and operational function to a more strategic and advisory one.

KPI 75

KPI Management Key Performance Indicator Dashboards 75

BizAcuity

APRIL 1, 2023

Thanks to the recent technological innovations and circumstances to their rapid adoption, having a data warehouse has become quite common in various enterprises across sectors. However, many businesses seem to face a lot of challenges, which includes ensuring a ‘single source of truth’ across the organization.

Business Intelligence 52

Business Intelligence Consulting KPI Data Warehouse 52

BizAcuity

JANUARY 31, 2023

Thanks to the recent technological innovations and circumstances to their rapid adoption, having a data warehouse has become quite common in various enterprises across sectors. However, many businesses seem to face a lot of challenges, which includes ensuring a ‘single source of truth’ across the organization.

Business Intelligence 52

Business Intelligence Consulting KPI Data Warehouse 52

datapine

FEBRUARY 9, 2024

An even more interesting fact: The blogs we read regularly are not only influenced by KPI management but also concerning content, style, and flow; they’re often molded by the suggestions of these goal-driven metrics. The process helps businesses and decision-makers measure the success of their strategies toward achieving company goals.

KPI 221

KPI Management Key Performance Indicator Measurement 221

datapine

MARCH 22, 2019

Today’s tech-savvy customers are driven by experiences. Forrester states that 72% of businesses believe that improving customer experience is their top priority. Choose what will trigger the survey and the exact timing: Whom you send your surveys and when, is of crucial importance since it can affect the quality of your data.

Metrics 134

Metrics Dashboards Measurement Interactive 134

CIO Business Intelligence

NOVEMBER 2, 2023

Rapid advancements in artificial intelligence (AI), particularly generative AI are putting more pressure on analytics and IT leaders to get their houses in order when it comes to data strategy and data management. But the enthusiasm must be tempered by the need to put data management and data governance in place.

Data Strategy 137

Data Strategy Strategy Sales Data Governance 137

CIO Business Intelligence

MAY 13, 2024

Lawrence Bilker can easily articulate the business values that his IT initiatives should deliver: better experiences for both employees and customers, more insights from data to enable smarter decision-making, and more intelligence for improved operations. I believe we’re in a post-alignment world.

IT 131

IT Digital Transformation ROI Strategy 131

datapine

FEBRUARY 22, 2022

1) What Is A Business Intelligence Strategy? 2) BI Strategy Benefits. 4) How To Create A Business Intelligence Strategy. Odds are you know your business needs business intelligence (BI). Over the past 5 years, big data and BI became more than just data science buzzwords.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

datapine

DECEMBER 11, 2019

“Software as a service” (SaaS) is becoming an increasingly viable choice for organizations looking for the accessibility and versatility of software solutions and online data analysis tools without the need to rely on installing and running applications on their own computer systems and data centers.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

CIO Business Intelligence

JUNE 8, 2023

The technology initiatives that are expected to drive the most IT investment in 2023 security/risk management, data/business analytics, cloud-migration, application/legacy systems modernization, machine learning/AI, and customer experience technologies. Today, we are rebalancing through recalibrating the major facets of Enterprises.

Strategy 98

Strategy Data-driven Interactive Digital Transformation 98

datapine

DECEMBER 17, 2019

As in many other industries, the information technology sector faces the age-old issue of producing IT reports that boost success by helping to maximize value from a tidal wave of digital data. The purpose is not to track every statistic possible, as you risk being drowned in data and losing focus. Let’s get started.

Reporting 173

Reporting IT Key Performance Indicator Dashboards 173

CIO Business Intelligence

MAY 24, 2024

The goal of GRC, in general, is to ensure that proper policies and controls are in place to reduce risk, to set up a system of checks and balances to alert personnel when new risks materialize, and to manage business processes more efficiently and proactively. Enter the need for competent governance, risk and compliance (GRC) professionals.

Risk 120

Risk Risk Management Management Enterprise 120