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5 tips for maximizing ROI of IT projects

CIO Business Intelligence

One of the most important parameters for measuring the success of any technology implementation is the return on investment (ROI). Providing a compelling ROI on technology initiatives also puts CIOs in a stronger position for securing support and funds from the business for future projects. Embrace diversity of thought.

ROI 132
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Maximizing business outcomes and scaling AI adoption with a Hybrid by design approach 

IBM Big Data Hub

However, while embracing hybrid cloud might be intrinsic, clients continually seek to derive business value and higher return on investment (ROI) from their investments. The lack of ROI progress can be attributed to several factors, including slow adoption, unrealized use cases and unaddressed cloud sprawl.

ROI 71
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5 key metrics for IT success

CIO Business Intelligence

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.

Metrics 140
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The promise, peril, and potential of the metaverse

CIO Business Intelligence

With this objective in mind: Determine your organization’s innovation appetite (versus its risk appetite; it is too early to speak of ROI in the metaverse). Align on a business objective for the metaverse: Are we trying to engage a specific customer population? Are we trying to improve efficiency?

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13 IT resolutions for 2024

CIO Business Intelligence

Chris Bowers,CIO of Boston Consulting Group, puts it this way: “In 2024, we’re going to go after generative AI very aggressively. This strategy aims to utilize technology not merely as an operational tool, but as a core driver of business success.” Achieve aggressive AI goals That’s not to suggest CIOs are slowing down their AI work.

IT 144
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How to build a successful talent acquisition strategy

IBM Big Data Hub

It includes a series of interconnected processes and initiatives designed to align the organization’s talent needs with its business objectives. Assess current and future needs Conduct a thorough assessment of current and future talent the organization requires to achieve its business objectives.

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What is digital transformation? A necessary disruption

CIO Business Intelligence

S&P Global Market Intelligence has found that digitally driven organizations outperform digitally delayed ones across a host of key metrics, including customer satisfaction, average time to respond to customer inquiries, customer lifetime value, customer acquisition, and marketing ROI. Now it’s this move to generative AI.