article thumbnail

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. Align projects with business goals.

ROI 130
article thumbnail

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. Here they are.

Metrics 139
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

SAP adds more tools for developers on its platform

CIO Business Intelligence

While artificial intelligence is a key focus at SAP’s user conference, Sapphire, this year, the company has announced that it is also enhancing its Business Technology Platform — application development and automation, data and analytics, integration, and AI capabilities — by adding features to extend its components’ functionality.

IT 91
article thumbnail

Answer these 4 questions to maximize the ROI of your security toolset

CIO Business Intelligence

For business leaders facing inflationary pressures, the challenge becomes a matter of ROI, and they often ask, “Is this investment in a security tool going to maximize my ability to be secure and resilient from cyber threats? This leads to inefficiencies and hurts the organization’s ROI.

ROI 52
article thumbnail

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 69
article thumbnail

13 IT resolutions for 2024

CIO Business Intelligence

Build better business alignment Multiple CIOs plan to strengthen their ties to other functional areas in ’24, building on the work they’ve done in recent years to create even more synergy. To ensure results, some CIOs say they’re creating teams that can easily pivot as business needs change. We’re piloting, PoC-ing.

IT 144
article thumbnail

4 Recommendations for Maximizing ROI in Artificial Intelligence Solutions

CDW Research Hub

As AI use cases start meeting their initial business objectives, initial infrastructure decisions can either accelerate the deployment of subsequent use cases or stall them. Businesses should be ready to adapt to these outcomes while being flexible regarding infrastructure. Compute where the data lives.

ROI 79