Remove Business Objectives Remove Manufacturing Remove Risk Remove ROI
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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. Deploy scalable technology.

ROI 126
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Why CIOs back API governance to avoid tech sprawl

CIO Business Intelligence

For instance, Sabhlok points to EV car manufacturers or ride-sharing companies, which, he says, develop accessible platforms or devices that consumers or third-party complementary product manufacturers can readily interact with through APIs. There are other key drivers behind increasing API utilization.

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The promise, peril, and potential of the metaverse

CIO Business Intelligence

In manufacturing , companies have seized opportunities for upskilling and training, for example by providing real-time guided build instructions in an assembly process, or “see what I see” expert assistance when someone is troubleshooting equipment. At last check, Nike had generated $185 million from NFT sales and trading royalties.

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A Guide To The Top 14 Types Of Reports With Examples Of When To Use Them

datapine

Businesses use this type of report to spot any issues and define their solutions, or to identify improvement opportunities to optimize their operational efficiency. Operational reports are commonly used in manufacturing, logistics, and retail as they help keep track of inventory, production, and costs, among others.

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CEOs’ top priorities for IT leaders today

CIO Business Intelligence

Lawrence Bilker can easily articulate the business values that his IT initiatives should deliver: better experiences for both employees and customers, more insights from data to enable smarter decision-making, and more intelligence for improved operations. CEOs today are getting stricter around their AI initiatives in response, she says.

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12 considerations when choosing MES software

IBM Big Data Hub

Manufacturing execution systems (MES) have grown in popularity across the manufacturing industry. If your manufacturing processes have become more intricate and challenging to manage manually, an MES can help streamline manufacturing operations management, increase efficiency and reduce errors.