CIO Business Intelligence

AUGUST 23, 2022

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.,

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

CIO Business Intelligence

FEBRUARY 7, 2024

“We must address the value proposition, who the target user is, what the alignment with the business objectives is, and how APIs can be marketed and monetized, if possible,” he says. Helping to attain business objectives In today’s hybrid and connected digital economy, data and software functionality are intrinsically tied to value. “In

Business Objectives 124

Business Objectives Cost-Benefit Strategy Data-driven 124

Cloudera

SEPTEMBER 19, 2023

CDO ties data strategy to ROI Data-related decisions should be made with ROI in mind. CDO improves competitiveness According to Harvard Business Review , 41% of surveyed CDOs define their success by achieving business objectives. If this happens, a company cannot truly become data-driven.

IT 74

IT Data Strategy ROI Data-driven 74

CIO Business Intelligence

JUNE 21, 2023

Align with business goals: Clearly articulate how IT initiatives can directly support the broader business objectives of the company and help gain competitive advantages. Quantify the value: Use data and metrics to demonstrate the potential return on investment (ROI) of IT initiatives.

Modeling 105

Modeling Cost-Benefit Digital Transformation ROI 105

CIO Business Intelligence

MARCH 30, 2022

Combining the insights of business leaders with the technical expertise of the CIO leads to synergistic decision-making that differentiates organizations and brings prized marketplace disruption. Power business decisions with enriched data. It is critical that CROs identify and mitigate those risks to minimize impact on ROI.

Technology 98

Technology Internet of Things ROI IoT 98

CIO Business Intelligence

MAY 9, 2023

With this objective in mind: Determine your organization’s innovation appetite (versus its risk appetite; it is too early to speak of ROI in the metaverse). Align on a business objective for the metaverse: Are we trying to engage a specific customer population? Are we trying to improve efficiency?

Digital Transformation 105

Digital Transformation ROI Business Objectives Manufacturing 105

CIO Business Intelligence

MARCH 16, 2022

By embracing VSM concepts, business leaders have been able to establish unified visibility and connection that spans the business. As a result, they have gained the ability to make significant inroads in meeting top-level business objectives, including improving ROI, speeding time to market, and delivering enhanced customer value.

Management 98

Management Cost-Benefit Insurance ROI 98

Octopai

JULY 11, 2022

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?”.

Data Quality 79

Data Quality Strategy Business Objectives Sales 79

IBM Big Data Hub

JULY 5, 2023

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.

Optimization 71

Optimization Forecasting ROI Metrics 71

CIO Business Intelligence

APRIL 19, 2022

Connecting systems with RPA may be trivial, but it has very limited ROI until the business is ready to break the silos and redesign end to end processes. Going after full ROI moves an IA program from a technology play into technology + change management.” – Maxim Ioffe | Global Intelligent Automation Leader, WESCO.

Digital Transformation 111

Digital Transformation Insurance ROI Business Objectives 111

CIO Business Intelligence

JUNE 28, 2023

Gopalan says that effectively communicating the potential benefits, demonstrating a clear ROI, and addressing any potential challenges were key to winning buy-in and support from the leadership team for the project.

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

CIO Business Intelligence

JANUARY 2, 2024

This strategy aims to utilize technology not merely as an operational tool, but as a core driver of business success.” For 2024 we’re focused on delivering ROIs around efficiency — working more productively, with more user satisfaction, to have better profitability.”

IT 144

IT Cost-Benefit Statistics Consulting 144

Smart Data Collective

NOVEMBER 29, 2021

Email marketing automation begins with establishing the set of business objectives that you intend to achieve with email marketing automation. The following approach will help you get the best results from the implementation of email marketing automation into your business by using big data wisely.

Data-driven 108

Data-driven Marketing Big Data Sales 108

CIO Business Intelligence

JANUARY 12, 2023

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.

Consulting 145

Consulting Technology Software Reporting 145

CIO Business Intelligence

JUNE 12, 2023

You can directly map pain points in the business to certain aspects of the framework, emphasizing the need for “control-driven IT,” according to the ISACA. The framework gives CIOs and other IT executives a way to demonstrate the ROI on an IT project and how it will help reach key business objectives.

Risk Management 94

Risk Management Strategy Digital Transformation Enterprise 94

IBM Big Data Hub

NOVEMBER 30, 2023

It includes a series of interconnected processes and initiatives designed to align the organization’s talent needs with its business objectives. Assess current and future needs Conduct a thorough assessment of current and future talent the organization requires to achieve its business objectives.

Strategy 69

Strategy Cost-Benefit Consulting Data-driven 69

CIO Business Intelligence

AUGUST 9, 2023

S&P Global Market Intelligence has found that digitally driven organizations outperform digitally delayed ones across a host of key metrics, including customer satisfaction, average time to respond to customer inquiries, customer lifetime value, customer acquisition, and marketing ROI.

Digital Transformation 137

Digital Transformation Strategy Data-driven Consulting 137

CIO Business Intelligence

MAY 30, 2022

TOGAF helps organizations implement software technology in a structured and organized way, with a focus on governance and meeting business objectives.

Enterprise 111

Enterprise Software Digital Transformation ROI 111

CIO Business Intelligence

MAY 11, 2022

Idle personnel, employee morale and reputation costs that are not easily definable in dollars can bring down a business.

Management 98

Management Testing Insurance Finance 98

Paul Blogs on BI

MAY 3, 2023

One of the leading wood pellet consulting companies, Future Metrics, was a platinum sponsor at the conference and has built a slew of Value Calculators and Dashboards using Squirrel365 showing the ROI and carbon emissions reduction benefits of using wood pellets – you can see them on their web site at [link] The reason why Future Metrics and hundreds (..)

Metrics 52

Metrics ROI Measurement Visualization 52

Paul Blogs on BI

JUNE 1, 2022

In fact, Salesforce expects to add over $1 billion to its ARR this year as a result of the InfoBurst Squirrel ROI Value Calculators they built and use. Organizations like Salesforce, Honda, Bosch, Tenet Health, and the US Navy, to name a few, are reaping the benefits of it today.

ROI 52

ROI Dashboards Visualization Interactive 52

Anmut

MARCH 24, 2022

It gives you the scope and perspective you need to map your current data landscape, identify gaps, connect data to business value and define what a data landscape that supports your business goals should look like. Spending money on data projects that miss the mark and yield no business ROI. And that’s important.

ROI 52

ROI Measurement Data-driven Data Transformation 52

IBM Big Data Hub

JUNE 23, 2023

Start with a pilot project that addresses a specific business problem or challenge. The project should provide quick wins and measure the results rigorously to determine the impact on performance and ROI. With any new technology, you must consider how it can be applied to solve your business problems.

Finance 65

Finance Reporting Cost-Benefit Modeling 65

datapine

SEPTEMBER 6, 2022

Modern content performance reports in the shape of an interactive online dashboard present an intuitive and accessible way to assess your content’s success and its ROI in real-time and in one centralized location. In this case, we can see that content has the highest ROI, which means a successful strategy.

Dashboards 179

Dashboards Reporting ROI Metrics 179

AWS Big Data

MARCH 7, 2023

This post also discusses the art of the possible with newer innovations in AWS services around streaming, machine learning (ML), data sharing, and serverless capabilities.

Analytics 70

Analytics Data Warehouse Data Lake Metadata 70

datapine

JULY 3, 2019

Like most digital marketing mediums, there are a number of KPI examples you can associate with these platforms – and if tracked, measured, and analyzed to their maximum capacity, social KPIs will help your business expand its commercial reach while increasing engagement, boosting revenue, and significantly improving your ROI.

Metrics 219

Metrics KPI Strategy ROI 219

CIO Business Intelligence

NOVEMBER 2, 2023

Salesforce found that 41% of line-of-business leaders feel their organization’s data strategy has little or no alignment with business objectives, while 37% of analytics and IT leaders feel the same way. The study suggests that a lack of shared KPIs may be a root cause of this issue.

Data Strategy 137

Data Strategy Strategy Sales Data Governance 137

CIO Business Intelligence

MAY 26, 2022

Through effective implementation of VSM, development leaders can establish portfolios, programs, and cross-functional teams that are better aligned with business objectives. This starts with negotiations between leaders of business and delivery organizations, who have different incentives.

Optimization 111

Optimization Management Digital Transformation ROI 111

IBM Big Data Hub

AUGUST 11, 2023

Consider the potential return on investment (ROI) based on improved productivity, reduced downtime and enhanced efficiency. Reduce risk, maintain compliance and increase ROI with applications built on 30+ years of market-leading technology.

Software 74

Software Manufacturing Cost-Benefit ROI 74

CIO Business Intelligence

MAY 28, 2022

Through effective implementation of VSM, development leaders can establish portfolios, programs, and cross-functional teams that are better aligned with business objectives. This starts with negotiations between leaders of business and delivery organizations, who have different incentives.

Optimization 96

Optimization Management Digital Transformation ROI 96

CIO Business Intelligence

JULY 17, 2023

Since we already have the cloud native data lake, we are generating actionable business insights using that data, and plan to leverage them with AI and other new-age tools to uplevel in business. We need to define our business objective before adopting those new tools, because AI is simply algorithm.

IT 98

IT Digital Transformation IoT Internet of Things 98

bridgei2i

MAY 19, 2021

So with this data revolution, you know, gaining so much momentum, you know, and everybody investing in analytics, and with ROI also becoming more and more tangible, how is the charter of GICs really changed? Venkat: Got it. Because, you know, it seems like across industries, a lot of enterprises are setting up GICs across the world right.

Enterprise 75

Enterprise Digital Transformation Cost-Benefit Marketing 75

Cloudera

NOVEMBER 25, 2021

We are also seeing productivity increase, lower total cost of ownership and higher ROI. Over the past decade Stevie has worked with a ranging scale of companies including multi-nationals across industry sectors to support their adoption of cloud solutions through a clearly defined data strategy aligned with business objectives.

Machine Learning 86

Machine Learning IoT Risk Digital Transformation 86

Smart Data Collective

APRIL 20, 2023

Improving ROI: By using data to inform your content strategy, you can create content that is more likely to achieve your business goals, such as lead generation, sales, or brand awareness. You will be able to generate a greater return on investment (ROI) for your content marketing efforts.

Marketing 79

Marketing Strategy ROI Big Data 79

datapine

DECEMBER 17, 2019

If what you are reporting does not align with the wider business objectives, you might end up driving the IT department – and sometimes even the rest of the business – further apart. It is split into four different KPIs: the return on investment (ROI) over a year, expressing the efficiency of IT investments.

Reporting 173

Reporting IT Key Performance Indicator Dashboards 173

IBM Big Data Hub

AUGUST 30, 2023

By understanding the strengths and limitations of each option, customers can choose the deployment option that meets their business objectives. IBM Maximo customers will be required to move to IBM MAS when Maximo 7.x x reaches End of Life (EOL). IBM MAS has been containerized to run specifically on Red Hat OpenShift.

Data Processing 74

Data Processing Cost-Benefit Internet of Things Enterprise 74

datapine

JANUARY 18, 2023

They convey information between team members and departments to keep communication flowing regarding goals and business objectives. Project Reports Projects are key to keeping a business moving in the right direction while keeping innovation and evolution at the forefront of every plan, communication, or campaign.

Reporting 201

Reporting Metrics Dashboards Visualization 201