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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 132
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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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Taking Value Stream Management to the Next Level

CIO Business Intelligence

Over the past year, many organizations have started to see the fruits of their VSM initiatives, realizing such key improvements as speeding time to market, reducing costs, boosting staff collaboration and efficiency, and improving cross-business alignment. Conclusion.

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Top automation pitfalls and how to avoid them

CIO Business Intelligence

One key factor to set up the right automations is to match them to the right business objective. For example, companies looking to automate in order to reduce headcount or labor costs might miss the main objective: to improve customer service and grow the business. Forgetting this can be a big mistake.

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Data Landscape – Navigating The Data Jungle

Anmut

Visionary companies like Google and Amazon are renowned for figuring out the transformational power of data, using data-driven business models to achieve extraordinary success. Spending money on data projects that miss the mark and yield no business ROI. Build an evidence-based business case for change.

ROI 52
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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.