CIO Business Intelligence

MAY 9, 2023

Like most CIOs you’ve no doubt leaned on ROI, TCO and KPIs to measure the business value of your IT investments. Of late, concerns about the public “cloud-first” approach have emerged to challenge business value and skewer ROI, TCO and KPIs. Others conducted apples-to-apples comparisons of public cloud versus on-premises costs.

ROI 126

ROI Cost-Benefit KPI Uncertainty 126

CIO Business Intelligence

APRIL 11, 2022

Gone are the days of the CIO being a back-office IT cost manager,” declares Chris Scheefer, vice president of intelligent industry at technology services and consulting firm Capgemini Americas. Today’s CIO must adapt and become a business strategist, a digital innovator, and an orchestrator for business.”. Build business value.

Cost-Benefit 119

Cost-Benefit Digital Transformation Strategy Consulting 119

IBM Big Data Hub

JUNE 26, 2023

The benefits of AIOps are many. For today’s IT professionals, AIOps is also one of the fastest ways to realize tangible ROI from digital transformation investments. AIOps helps you operationalize this approach by using data-driven cloud spend decisions to safely balance cost and performance.

Digital Transformation 56

Digital Transformation Cost-Benefit ROI Data-driven 56

CIO Business Intelligence

JANUARY 9, 2023

Three years ago, IT leaders were squarely focused on how to adopt fledgling AI techniques and approaches into their business models in service of digital transformations that included plans for shifting some workloads to the cloud. Inflation is a major issue for CIOs both in direct costs and labor,” Reeher says.

IT 145

IT Uncertainty Cost-Benefit Digital Transformation 145

CIO Business Intelligence

OCTOBER 16, 2023

Instead, failure today means an IT project doesn’t deliver some or all its expected benefits, according to CIOs, project leaders, researchers, and IT consultants. Those benefits go away when a business sponsor is MIA. Little or no executive support Another leadership problem that can tank an IT project: top-level indifference.

IT 136

IT Cost-Benefit Management Digital Transformation 136

CIO Business Intelligence

NOVEMBER 7, 2022

Panorama Consulting Solutions, which regularly surveys businesses on the outcomes of their ERP projects, shows in its 2022 report that 81% of projects met ROI expectations a year or more after go-live. The move to a cloud-based ERP system came several years into a broader digital transformation at Ranpak.

Manufacturing 128

Manufacturing Cost-Benefit Sales Consulting 128

CIO Business Intelligence

MARCH 21, 2022

Staying razor-focused on business benefits and communicating in a language everyone understands is central to successful IT initiatives, whether the project involves state-of-the-art technology like robotic process automation (RPA) or is a bit more mundane, like upgrading an aging data center. They couldn’t tell who was IT or LOB,” he quips.

IT 131

IT Digital Transformation Consulting Technology 131

CIO Business Intelligence

APRIL 18, 2022

Organizations that continued full speed ahead with their digital transformation initiatives during the COVID-19 pandemic are able to ruminate on what went right and what they would have done differently, with the benefit of hindsight. CIOs and other IT leaders share seven secrets of how to get digital transformation right.

Digital Transformation 145

Digital Transformation Dashboards Cost-Benefit Consulting 145

CIO Business Intelligence

SEPTEMBER 25, 2023

Digital transformation has become an essential part of business success. According to TEKsystems’ 2023 State of Digital Transformation , 41% of organizations’ digital transformation (DX) initiatives have failed to achieve their desired outcomes. That’s not digital transformation. Others agree.

Digital Transformation 145

Digital Transformation Measurement Data-driven Metrics 145

Anmut

MARCH 22, 2023

Anmut’s own clients estimate that poor data quality and availability causes at least 16% additional cost per year. The Anmut 5-step data maturity model At Anmut, we’ve created a data maturity model in consultation with data managers, academics, and business leaders. And data governance both starts and depends on people.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

CIO Business Intelligence

MAY 13, 2024

The study identified the top CEO priorities as, among others, leading digital transformation, reducing security risk, strengthening collaboration with executive colleagues, and implementing AI. That’s not all, though, says Yang Shim, technology consulting leader with professional services firm EY Americas.

IT 124

IT Digital Transformation ROI Strategy 124

bridgei2i

MAY 19, 2021

They touch upon the role of GICs in driving the digital transformation agenda, the high visibility it brings to all functional areas of an organization, and the part it plays in bridging the gap between growth inefficiencies and cost management. Tune in to listen to this insightful podcast! Subscribe Now. Transcript.

Enterprise 75

Enterprise Digital Transformation Marketing Cost-Benefit 75

CIO Business Intelligence

APRIL 22, 2024

As such, Scavuzzo and his team look for technologies that do way more than boost productivity or cut costs. Rather, it’s about transformation “with technology as a core component. “But He has divided his 170 workers into two groups, with 60% of them focused 100% on digital transformation and the remainder focused on operational IT.

IT 126

IT Data-driven Strategy Consulting 126

CIO Business Intelligence

OCTOBER 3, 2023

With demand for low-cost energy ever increasing, along with competition from renewable sources of energy, ConocoPhillips is leveraging digital twins to optimize the safety and efficiency of its assets. This makes sense because it helps with safety, costs, and ultimately GHG [greenhouse gas] emissions.” billion to construct.

Digital Transformation 122

Digital Transformation Cost-Benefit Data Processing Optimization 122

IBM Big Data Hub

NOVEMBER 10, 2023

Behind the scenes, a complex net of information about health records, benefits, coverage, eligibility, authorization and other aspects play a crucial role in the type of medical treatment patients will receive and how much they will have to spend on prescription drugs.

Cost-Benefit 104

Cost-Benefit Insurance Consulting Unstructured Data 104

CIO Business Intelligence

APRIL 20, 2023

In a recent article , we discussed the connection between digital transformation, innovation, and rising IT complexity. They cannot secure it; they cannot effectively manage it; and they cannot control the spiraling costs of maintaining a mismatched portfolio of security tools with overlapping capabilities.

Cost-Benefit 72

Cost-Benefit Digital Transformation ROI Software 72

CIO Business Intelligence

DECEMBER 1, 2023

Their responsibilities include leading digital transformation efforts at the organization, delivering ROI on technology investments, and providing a secure platform for mission critical business processes. CIOs have a lot on their plates. Disruptions can also frustrate employees and reduce worker productivity.

Cost-Benefit 52

Cost-Benefit Digital Transformation ROI Data Processing 52

Smarten

NOVEMBER 9, 2022

Without that key component, the enterprise is likely to spend time, resources and money and fail to achieve the desired outcome for total cost of ownership (TCO), return on investment (ROI) and user adoption. There may be some hiccups or missteps in the technical shift, or it may take some time to roll out all of the components.

Analytics 52

Analytics ROI Cost-Benefit Consulting 52

IBM Big Data Hub

AUGUST 15, 2023

Here are some of the ways organizations today are making that shift and reaping the benefits of AI in a practical and ethical way. Well-built foundation models offer significant benefits; the use of AI can save businesses countless hours building their own models. The pilot also made it easier to gain important HR insights.

IT 81

IT Data Governance Modeling Cost-Benefit 81

Andrew White

JANUARY 11, 2021

As with any good consulting response, “it depends.” With a success behind you, sell that experience as the kind of benefit you can help improve. Do you recommend a consulting approach strategy rather than a CDO strategy? That may well be tied to how IT is classically managed: as a cost center. It really does.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52