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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 130
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5 key metrics for IT success

CIO Business Intelligence

IT leaders are drowning in metrics, with many finding themselves up to their KPIs in a seemingly bottomless pool of measurement tools. To name a few — products and services that are delivered on time and on budget, and overall IT ROI.” You have to have a good measure of which teams need to move fast and what they are really achieving.”

Metrics 139
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Tying environmental outcomes to real business value may be simpler than you think

IBM Big Data Hub

There has been a lot of recent discussion around the business value of environmental, social and governance (ESG) reporting, and the degree to which it relates to financial performance and other measures of business value.

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NaaS and the “Experience Economy”

CIO Business Intelligence

Organizations should embrace value-based decision making that focuses on the business objectives and that benefits for the various stakeholders (technology, operations, procurement, finance, security, data analytics, environment, etc.) Transitioning to Business Value . Obtaining more insight into hidden costs (e.g.,

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Think Your Company Doesn’t Need a Chief Data Officer? Here Are 7 Reasons Why It Does

Cloudera

CDO ties data strategy to ROI Data-related decisions should be made with ROI in mind. Those returns are often measured in business value. CDO improves competitiveness According to Harvard Business Review , 41% of surveyed CDOs define their success by achieving business objectives.

IT 77
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How to Build a Data Quality Strategy to Get Executive Buy-In

Octopai

Tie data quality directly to business objectives. How are you, as a data quality evangelist (if you’re reading this post, that must describe you at least somewhat, right?), going to convince top-level management that adopting a data quality strategy pays big dividends? Better data quality? How will it directly impact our bottom line?”.

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What is cloud cost optimization?

IBM Big Data Hub

FinOps practices rely on reporting and automation to increase ROI by continuously identifying opportunities for efficiency and taking action regarding cloud optimization in real-time. FinOps teams need to know whether they are staying within budget, making accurate forecasts and achieving ROI targets.