CIO Business Intelligence

FEBRUARY 22, 2023

But not every approach provides the same ROI. Before committing to a migration strategy, organizations must identify the best approach for their business requirements. Each approach comes with its own benefits, time commitments, and cost. What are the benefits of each of the cloud modernization approaches?

ROI 52

ROI Cost-Benefit Strategy Technology 52

CIO Business Intelligence

APRIL 18, 2024

A new breed of AI assistant has set its sights on the enterprise user in recent months, with Microsoft and other vendors promising huge productivity gains that offset the cost. Its Copilot for Microsoft 365, a high-profile offering among the growing list of AI agents, costs $30 per seat per month, with a 300-seat minimum. No,” he says.

Cost-Benefit 140

Cost-Benefit ROI Sales Enterprise 140

CIO Business Intelligence

MARCH 6, 2024

Multiple attacks on well-known manufacturers have ended with huge expenses, including Austrian aerospace parts maker, FACC AG, which lost $61 million thanks to a phishing scam , and Norsk-Hydro , which was hit by a ransomware attack that cost $75 million. The first is the ability to get to ROI faster. To learn more, visit us here.

ROI 126

ROI Manufacturing Cost-Benefit IoT 126

BizAcuity

MAY 16, 2022

Not any student but a rank holder in mathematics and chemistry who was tasked with assessing the quality of their brew in a cost effective manner. Now, businesses, regardless of the industry, are leveraging data and Business Intelligence to stay ahead of the competition. Business Intelligence. Data mining.

Business Intelligence 52

Business Intelligence Data mining Visualization Data Lake 52

Smarten

SEPTEMBER 21, 2022

How Can I Improve ROI for Tally ERP? No matter what your business industry is, if you are using Tally ERP, you want to get the most out of your investment. As with any software solution, IT teams and executives constantly look for the tools that will give them the most benefit and value for the least investment. It’s Simple!

ROI 52

ROI Slice and Dice Analytics Cost-Benefit 52

CIO Business Intelligence

MARCH 25, 2024

And they want to know exactly how much return on investment (ROI) can be expected when IT leaders make technology-related changes. CFOs have grown comfortable with the traditional project-based approach, through which they believe they get a better handle on spend certainty and a better sense of ROI.

Modeling 124

Modeling Cost-Benefit IT ROI 124

CIO Business Intelligence

MAY 22, 2023

ROI becomes a waiting game. What if there was a way to get ROI today and still train the workforce for a quantum tomorrow? Notably, they can bring cost and performance benefits to the currently expensive methods for training LLMs. Enter quantum-inspired approaches.

ROI 52

ROI Machine Learning Optimization Cost-Benefit 52

Jet Global

JUNE 30, 2020

As McKinsey and Company pointed out , however, highly resilient businesses tend to be early to invest in recovery. They get a leg up on the competition, launch new innovations, and benefit as the economy moves back in a positive direction. Investing in Financial Intelligence. ROI Analysis.

ROI 59

ROI Finance Uncertainty Cost-Benefit 59

Smarten

DECEMBER 20, 2022

Every business user is also a consumer of technology and every business user expects easy access to information on mobile devices. Does the team need more training and, if so, how much will it cost? Explore Smarten Mobile Augmented Analytics And Mobile BI and improve your ROI and TCO.

ROI 52

ROI Cost-Benefit Data-driven Business Intelligence 52

CIO Business Intelligence

JUNE 9, 2023

That gap is becoming increasingly apparent because of artificial intelligence’s (AI) dependence on effective data management. Without it, businesses incur steep costs, but the downside, or costs, are often unclear because calculating data management’s return on investment (ROI), or upside, is a murky exercise.

Strategy 115

Strategy Management Key Performance Indicator ROI 115

datapine

SEPTEMBER 29, 2022

More generally, low-quality data can impact productivity, bottom line, and overall ROI. No, its ultimate goal is to increase return on investment (ROI) for those business segments that depend upon data. Industry-wide, the positive ROI on quality data is well understood. The 5 Pillars of Data Quality Management.

Data Quality 241

Data Quality Metrics Data-driven Management 241

Octopai

OCTOBER 5, 2021

With tens of thousands of data assets at a minimum – and upwards of a million in large organizations – manual labor is just not cost-effective or realistic without the catalog quickly becoming stale and irrelevant. Total cost of ownership (TCO). Is the cost based on quantity of assets, usage, users or another pricing model?

Business Intelligence 84

Business Intelligence Software Cost-Benefit Metadata 84

CIO Business Intelligence

APRIL 29, 2024

The downside here is that while an application may run well enough on older versions, businesses with upgrade inertia are leaving themselves both vulnerable to the pitfalls of old software and unable to tap into the cost savings and improved performance that can better position them for success in competitive markets.

Cost-Benefit 115

Cost-Benefit Software ROI Enterprise 115

CIO Business Intelligence

OCTOBER 12, 2023

In the business world, service desks are commonly designated as cost centers, a label that can sometimes limit their access to essential resources and support. Crafting a persuasive business case Creating a business case is a powerful way to demonstrate your value to key stakeholders who can champion your cause.

Strategy 110

Strategy ROI IT Cost-Benefit 110

CIO Business Intelligence

OCTOBER 30, 2023

Verizon saw the immediate value of heightening process visibility and improving real business intelligence. Newman’s team leverages the VSM platform’s intelligence to “consume data and help contribute to decision-making.” Just the efficiencies gained from governing and staffing provided cost savings,” claimed Newman.

Management 144

Management Digital Transformation Cost-Benefit ROI 144

CIO Business Intelligence

JANUARY 25, 2023

To fully harness the benefits of modern network architectures, network operations teams need a deep understanding of how these systems perform. Even by making small advances in this IT arena, teams can deliver large business benefits and demonstrable return on investment (ROI). million and an ROI of 160%.

IT 98

IT Cost-Benefit ROI Software 98

CIO Business Intelligence

FEBRUARY 28, 2024

Flexibility, Scalability, and Implementation Challenges The flexibility and scalability of SD-WAN are underscored as crucial benefits for organizations embarking on digital transformation journeys. While SD-WAN may represent a higher initial investment compared to traditional routers, the long-term return on investment (ROI) is significant.

Cost-Benefit 98

Cost-Benefit Digital Transformation ROI Strategy 98

CIO Business Intelligence

DECEMBER 4, 2023

Companies typically change Java providers to reduce their total cost of ownership, but they often realize unanticipated benefits including enhanced security readiness, improved performance, and often cloud cost optimization. Some Java providers are better equipped to meet an organization’s needs and lower its TCO than others.

ROI 52

ROI Cost-Benefit Testing Risk 52

Smarten

MAY 5, 2023

Embedded BI Goes Beyond Technology ROI to Improve Clarity, Agility and Productivity! If your organization hasn’t considered Embedded Business Intelligence (BI), it may be time for you to acknowledge the benefits and begin the process of integrating Embedded BI into your technology and business process strategy.

ROI 67

ROI Cost-Benefit Software Reporting 67

CIO Business Intelligence

JANUARY 10, 2024

Migrating infrastructure and applications to the cloud is never straightforward, and managing ongoing costs can be equally complicated. Plus, you need to balance the FinOps team’s need for autonomy against the CIO’s need for centralized control to gain economies of scale and avoid runaway costs. Then there’s housekeeping.

Cost-Benefit 124

Cost-Benefit Measurement Optimization Metrics 124

datapine

APRIL 13, 2021

Starting with its definition, following with the benefits of agency reports, a list of tools, and a set of agency dashboard examples. Explore our 14 days free trial & benefit from interactive agency reports! Agencies benefit from interactive dashboard tools to prove the success of their strategies and campaigns to clients.

Dashboards 256

Dashboards Reporting Analytics Cost-Benefit 256

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 132

IT Software Cost-Benefit ROI 132

CIO Business Intelligence

MAY 9, 2023

Like most CIOs you’ve no doubt leaned on ROI, TCO and KPIs to measure the business value of your IT investments. Those Three Big Acronyms are still important for fine-tuning your IT operations, but success today is increasingly measured in business outcomes. Maybe you’ve even surpassed expectations in each of these yardsticks.

ROI 126

ROI Cost-Benefit KPI Uncertainty 126

CIO Business Intelligence

DECEMBER 5, 2023

Some organizations have been innovating, transforming, and growing so fast that they haven’t had time to clear up older cost structures that start getting in the way,” says Stewart Buchanan, research vice president on Gartner’s CIO team. Today’s CIO is not just a technology leader, but a business executive.

IT 138

IT Cost-Benefit Digital Transformation ROI 138

Smarten

OCTOBER 19, 2023

A Robert Half survey of more than 2,000 CFOs revealed that over 60% of the respondents believed that business intelligence and data mining skills and knowledge are mandatory for accounting and finance-focused employees. ‘An They also allow your team members to check data, understand historical results and plan for the future.

Analytics 52

Analytics Cost-Benefit Finance Data mining 52

CIO Business Intelligence

MARCH 23, 2023

So how can you request a new investment from your decision-makers while ensuring minimal costs and maximum ROI this year? Procurement professionals are skilled at negotiating contracts, identifying cost-saving opportunities, and evaluating vendors.

Scorecard 58

Scorecard Cost-Benefit ROI IT 58

datapine

APRIL 12, 2023

In November, while running an advertising campaign that cost $1,500, the retailer sells $20,000 worth of ethical sweaters online. As you’ve learned by now, when done correctly, incremental sales analysis can bring multiple benefits to your company. In the end, your marketing efforts are only as valuable as their profitability.

Sales 176

Sales KPI Metrics Cost-Benefit 176

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. Flexibility: Organizations can now choose the cloud environments that best suit their specific needs.

Management 94

Management Cost-Benefit Optimization ROI 94

Cloudera

OCTOBER 30, 2023

The public cloud is increasingly becoming the preferred platform to host data analytics – related projects, such as business intelligence, machine learning (ML), and AI applications. The main challenges are pointed out as a lack of resources/expertise, security, and from a different perspective, cloud cost management.

Analytics 74

Analytics Cost-Benefit ROI Business Objectives 74

CIO Business Intelligence

OCTOBER 6, 2022

As an IT leader, being able to foster innovation not only benefits the IT itself, with greater efficiency, effectiveness and value, but the organization it serves and you personally, as it illustrates your ability to be an internal agent of change, a true business partner, and an asset at the strategy table. It doesn’t work that way.

IT 145

IT Cost-Benefit ROI Software 145

Smarten

JULY 20, 2023

Mobile BI Provides Numerous Benefits. According to recent research, every industry is adopting mobile business intelligence as a means of staying abreast of crucial data, collaborating from within and outside the office and enabling business agility and digital transformation (Dx). Explore the Possibilities!

ROI 40

ROI Cost-Benefit Digital Transformation Statistics 40

CIO Business Intelligence

JUNE 6, 2023

By using a simple equation, the value calculator provides a quantitative estimate of the potential return on investment (ROI) of a particular initiative. They buy according to customer value, that is, the difference between the benefits a company gives customers and the price it charges. Value is all about the cost/benefit analysis.

Optimization 52

Optimization Cost-Benefit ROI Data-driven 52

Smarten

FEBRUARY 13, 2024

You have decided that your business can benefit from an analytics solution. Executives – Senior executives will be looking at investment costs, return on investment (ROI) and the total cost of ownership (TCO) and at the value you claim this solution will provide. Be prepared before you approach your executive team.

Analytics 67

Analytics Cost-Benefit ROI Reporting 67

CIO Business Intelligence

AUGUST 4, 2022

Many companies that begin their AI projects in the cloud often reach a point when cost and time variables become issues. But as models and datasets grow, there’s a stifling effect associated with the escalating compute cost and time. Artificial Intelligence, IT Leadership

Modeling 97

Modeling Cost-Benefit ROI Data Lake 97

CIO Business Intelligence

AUGUST 7, 2023

Ever since Basecamp announced late last year that they were (mostly) pulling out of the cloud, there’s been a spirited debate about the failure of cloud computing to deliver on hyped-up promises of miraculous cost savings. Cost savings is (and always has been) the worst reason to migrate to the cloud. Agility and speed to innovation.

Cost-Benefit 98

Cost-Benefit Measurement ROI Risk 98

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 Digital Transformation ROI 140

CIO Business Intelligence

SEPTEMBER 28, 2023

From establishing internal customers to instituting charge-backs to insisting on ROI, a lot of this advice looks plausible when viewed from 50,000 feet or more. Insist on ROI Sure, it’s lovely when a proposed project generates a positive financial return on investment all by itself. You have two alternatives. There’s also no point.

IT 126

IT ROI Cost-Benefit Software 126