Remove Business Objectives Remove Cost-Benefit Remove Metrics Remove Risk
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7 signs it’s time to modernize your IT systems

CIO Business Intelligence

Leaders who adopt a crawl-walk-run approach, with thoughtful risk-taking and a strategic focus on actions and results, maximize the business value from IT modernization.” Start by identifying the problem or trend, then drive toward creating a solid business case and building consensus and support, Hafez advises.

IT 135
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How to build an intelligent enterprise

CIO Business Intelligence

Ensure representation from various departments such as operations, IT, finance, legal/risk, human resources, and customer service. Select committee members with a mix of technical and business expertise. Executive support is crucial for the success of any new technology or business process initiative.

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Modernize manufacturing IT to maximize business value on Microsoft Cloud

CIO Business Intelligence

Manufacturing business leaders have specific priorities: Increasing revenue/value Improving cost-efficiency Minimizing business risks and their impact For each priority, IT leaders must demonstrate how IT modernization projects yield tangible and intangible business benefits for the organization.

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How managed device services enable the inclusion of sustainability principles into IT

CIO Business Intelligence

This was one area addressed in the HP-sponsored IDC whitepaper on the benefits of integrating managed device services, published in April 2024 [1]. Growing interest in meeting corporate sustainability goals has reframed how organizations think about IT asset usage, life-cycles, and end-of-life disposal practices.

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Automating Model Risk Compliance: Model Validation

DataRobot Blog

What are some steps that the modeler/validator must take to evaluate the model and ensure that it is a strong fit for its design objectives? When the FRB’s guidance was first introduced in 2011, modelers often employed traditional regression -based models for their business needs. Conceptual Soundness of the Model.

Risk 52
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5 best practices to successfully implement gen AI

CIO Business Intelligence

Here are five best practices to get the most business benefit from gen AI. A modern data strategy, after all, needs to address and empower the full IT stack by supporting enterprise objectives for intelligent automation, and a myriad of applications supporting transactions, analytics, and decision-making.

ROI 123
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7 signs you may not be a transformational CIO

CIO Business Intelligence

Taylor adds that functional CIOs tend to concentrate on business-as-usual facets of IT such as system and services reliability; cost reduction and improving efficiency; risk management/ensuring the security and reliability of IT systems; and ongoing support of existing technology and tracking daily metrics.