Smarten

FEBRUARY 6, 2023

Embedded BI Improves ROI and TCO for Existing Technology and Benefits Business Users! One of the often-overlooked advantages of this strategy is the improvement of return on investment (ROI) and total cost of ownership (TCO).

ROI 52

ROI Business Intelligence Cost-Benefit Software 52

Smart Data Collective

NOVEMBER 24, 2020

As the use of intelligence technologies is staggering, knowing the latest trends in business intelligence is a must. The market for business intelligence services is expected to reach $33.5 top 5 key platforms that control the future of business intelligence impacts BI may have on your business in the future.

Business Intelligence 131

Business Intelligence Visualization Dashboards Prescriptive Analytics 131

CIO Business Intelligence

JUNE 9, 2023

Such is the case with a data management strategy. That gap is becoming increasingly apparent because of artificial intelligence’s (AI) dependence on effective data management. For many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents. The second best time is now.”

Strategy 115

Strategy Management Key Performance Indicator ROI 115

CIO Business Intelligence

OCTOBER 12, 2023

The following are strategies you can leverage as a team to change this attitude: Leveraging data for impact One key strategy is using data to demonstrate the service desk’s influence on your organization’s bottom line. To illustrate the real-world impact of these strategies, let’s focus on Wodonga TAFE.

Strategy 110

Strategy ROI IT Cost-Benefit 110

BizAcuity

MAY 16, 2022

Now, businesses, regardless of the industry, are leveraging data and Business Intelligence to stay ahead of the competition. Business Intelligence. In brief, business intelligence is about how well you leverage, manage and analyze business data. So, make sure you have a data strategy in place.

Business Intelligence 52

Business Intelligence Data mining Visualization Data Lake 52

CIO Business Intelligence

MAY 2, 2024

Staying connected: A cloud CoE must seek representation and involvement from across the business to improve buy-in and compliance. Building a strong team: Various skills, ranging from cloud experts to business specialists, are required for the effective functioning of cloud CoE.

ROI 97

ROI Optimization Manufacturing Risk 97

CIO Business Intelligence

MARCH 24, 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.

ROI 59

ROI Cost-Benefit Strategy Technology 59

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.

ROI 52

ROI Cost-Benefit Strategy Technology 52

Jet Global

JUNE 30, 2020

CFOs have an opportunity to play a key role in positioning their companies for a successful rebound by carefully assessing return on investment (ROI) and helping the C-suite make the right capital investments. Investing in Financial Intelligence. ROI Analysis. Others have similarly adapted quickly.

ROI 59

ROI Finance Uncertainty Cost-Benefit 59

CIO Business Intelligence

APRIL 18, 2022

Today, Doug Laney, innovation fellow of data and analytics strategy at West Monroe, disputes Humby’s assertion on a technicality: “When you use a drop of oil, you can only use it one way at a time,” Laney says. times more likely when they demonstrated ROI on their BI or data analytics investments. A framework for data project ROI.

ROI 116

ROI IT Dashboards Sales 116

Smart Data Collective

NOVEMBER 18, 2021

In the information, there are companies with big data strategies and those that fall behind. Big data and business intelligence are essential. However, the success of a big data strategy relies on its implementation. VentureBeat reports that only 13% of companies are delivering on their big data strategies.

Data Strategy 128

Data Strategy B2B Strategy Big Data 128

CIO Business Intelligence

FEBRUARY 24, 2023

To keep ahead of cybercriminals, organizations must remain agile, pivoting to embrace new strategies and technologies whenever necessary in order to outrun attacks. When businesses are struggling due to the recession, there’s a strong temptation to look for ways to cut spending.

Strategy 104

Strategy ROI Consulting Technology 104

Smarten

APRIL 9, 2024

If you are considering business intelligence and augmented analytics, it is crucial to include embedded BI in your strategy and, if you already have BI and analytics access for your business users, it is critical to include embedded BI to further support and encourage business user adoption and use.

ROI 52

ROI Business Intelligence Cost-Benefit Enterprise 52

CIO Business Intelligence

MARCH 12, 2024

With greater scrutiny on margins and ROI, CIOs must spend wisely, making today’s economic environment a more difficult one for selling preemptive projects that don’t produce immediate ROI. Here are three strategies for getting it done. When these additional costs appear, the original ROI prognosticators get unhappy.

ROI 122

ROI IT Manufacturing Metrics 122

CIO Business Intelligence

JANUARY 25, 2024

To identify opportunities and determine the potential ROI for generative AI applications, McAfee advises that business leaders consider these four basic steps. The potential benefits of generative AI are huge, and the rewards in success are worth pursuing.

Strategy 104

Strategy Risk ROI Sales 104

CIO Business Intelligence

MAY 14, 2024

In my younger and more sarcastic days I used to needle my friend the budgeting manager, who was also responsible for reviewing capital project proposals to ensure their projected ROI exceeded the hurdle rate. What,” I asked him, “is the ROI for budgeting?” IT Leadership, IT Strategy

IT 108

IT ROI Strategy Forecasting 108

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. Whether it is your CRM team or your regional account manager, your business must have access to information to discover the source of customer issues and develop a strategy to improve customer satisfaction.

ROI 52

ROI Cost-Benefit Data-driven Business Intelligence 52

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. report they are managing data as a business asset 47.4% Artificial Intelligence, IT Leadership

Data Strategy 115

Data Strategy Strategy Machine Learning Data-driven 115

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

OCTOBER 30, 2023

“We’re in a data-intensive tech field that moves faster than a project plan or traditional roadmaps,” said Jason Newman, senior manager, systems engineering, Connected Solutions Group strategy and operations at Verizon. Verizon saw the immediate value of heightening process visibility and improving real business intelligence.

Management 144

Management Digital Transformation Cost-Benefit ROI 144

CIO Business Intelligence

MARCH 6, 2024

3 business benefits of stronger security Having a more secure IoT network is a huge win in itself, but there are three additional benefits worth knowing about. The first is the ability to get to ROI faster. In fact, Enterprise Strategy Group found that an industrial OT security solution can provide 351% ROI over a five-year period.

ROI 126

ROI Manufacturing Cost-Benefit IoT 126

Smarten

DECEMBER 27, 2023

If you are considering business intelligence and self-serve analytics for your organization, it is important to a) focus on the numerous benefits of this approach to data management and decision-making and b) to research and select the right type of business intelligence tools to achieve your goals.

Analytics 62

Analytics Business Intelligence Cost-Benefit ROI 62

CIO Business Intelligence

APRIL 18, 2024

AI technology is moving so fast, and the ROI is still murky, making it difficult to commit to one AI assistant, he says. The ROI of AI assistants is also difficult to measure for many jobs, she adds. Budgeting, Enterprise Applications, Generative AI, IT Strategy, Technology Industry

Cost-Benefit 140

Cost-Benefit ROI Sales Enterprise 140

datapine

SEPTEMBER 29, 2022

There are a lot of strategies that you can use to improve the quality of your information. 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.

Data Quality 241

Data Quality Metrics Data-driven Management 241

CIO Business Intelligence

JANUARY 25, 2024

For enterprise executives in 2024, that means right-sizing those expectations and getting to work: justifying the right use cases, forming teams, and tracking progress and ROI. Here are three strategies designed to help CIOs and others maximize their return not just on AI, but all essential tech.

ROI 105

ROI Experimentation Sales Finance 105

CIO Business Intelligence

FEBRUARY 13, 2024

To name a few — products and services that are delivered on time and on budget, and overall IT ROI.” Avila observes that many IT leaders will default to ROI as the most important metric because there’s strong belief that a good ROI is necessary to get the most out of the technology spend. IT Leadership, IT Strategy

Metrics 139

Metrics IT ROI Measurement 139

CIO Business Intelligence

SEPTEMBER 11, 2023

In tandem with his job as chief digital officer and senior vice president of strategy at Hussman, Seals got a Ph.D. in business administration and wrote his dissertation on digital acuity and intelligence in “incumbent companies.” When it comes to fostering digital literacy in the C-suite, Michael Seals literally wrote the book.

Digital Transformation 135

Digital Transformation ROI Strategy Technology 135

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

Smarten

JUNE 22, 2022

Technology research and consulting firm, Gartner, predicts that, ‘By 2023, data literacy will become an explicit and necessary driver of business value, demonstrated by its formal inclusion in over 80% of data and analytics strategies and change management programs.’.

Slice and Dice 76

Slice and Dice Digital Transformation Business Intelligence Predictive Modeling 76

CIO Business Intelligence

APRIL 24, 2024

The announcement comes amid reluctance among some CIOs regarding the ROI of generative AI copilots. CIOs will need to focus on aligning AI-driven solutions with broader business strategies, ensuring seamless integration into existing processes while addressing potential challenges like data security and ethical AI use.

Enterprise 128

Enterprise Digital Transformation Consulting Risk 128

datapine

APRIL 12, 2023

A loyal, high-value repeat customer is worth more than a cheap sale, and by implementing the right strategy, setting the right goals, and working with the right KPIs, you will achieve the results you desire. But how do you calculate the impact of your promotional strategies? Keep reading to find out!

Sales 176

Sales KPI Metrics Cost-Benefit 176

Smart Data Collective

SEPTEMBER 19, 2022

Data analytics fintech provides crucial information financial institutions need to build a robust risk assessment strategy. This allows businesses to identify potential risks fast and avoid them or immediately find the appropriate mitigation strategies. Measure the ROI from delivering a great customer experience.

Big Data 129

Big Data ROI Measurement Risk 129

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 125

ROI Cost-Benefit KPI Uncertainty 125

datapine

JANUARY 24, 2021

It is not just important to gather all the existing information, but to consider the preparation of data and utilize it in the proper way, has become an indispensable value in developing a successful business strategy. For example, you need to develop a sales strategy and increase revenue.

IT 317

IT Statistics KPI Data-driven 317

CIO Business Intelligence

FEBRUARY 20, 2024

13: “Outline the project’s value and ROI before implementation.” Or, rather, ignore the part about ROI. 14: “Define your business model and work from there.” Dr. Yeahbut says: Yes, business leaders should know how their business works. Artificial Intelligence, Generative AI, IT Strategy Don’t do this.

ROI 126

ROI Data-driven Strategy Marketing 126

CIO Business Intelligence

APRIL 11, 2023

By 2027, 70% of healthcare organizations will rely on digital-first strategies to empower patients to take a more active role in health responsibilities and experiences, notes IDC in its FutureScape Worldwide Healthcare Industry 2023 Predictions report. A lot of companies today are investing more in data analytics and business intelligence.

Modeling 98

Modeling IT Strategy Uncertainty 98

Howard Dresner

NOVEMBER 6, 2014

Similarly, it’s becoming a powerful way to distribute data and information in business intelligence initiatives. Several business intelligence vendors even promote storytelling as a needed component of data discovery. And therein lies your buried treasure or ROI.

Business Intelligence 45

Business Intelligence ROI Interactive Statistics 45