IBM Big Data Hub

SEPTEMBER 12, 2023

IBM Consulting™ and Maersk led a consortium that included Hutchison Ports Port of Felixstowe, Maritime Cargo Processing, WM Morrison Supermarkets and other industry partners. The models also reduce private sector customs data collection costs by 40%.

Testing 91

Testing Modeling Cost-Benefit Consulting 91

IBM Big Data Hub

DECEMBER 1, 2023

The benefits of ERP include built-in business intelligence and access to real-time data, along with integrated machine learning capabilities unlike a legacy system. Benefits of on-premises Cost: Since the software is done on-premises there isn’t a monthly or annual subscription cost for the software.

Enterprise 93

Enterprise Cost-Benefit Consulting Software 93

CIO Business Intelligence

DECEMBER 29, 2023

“The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Building and deploying intelligent automation CIOs will need to operate more efficiently by accelerating the benefits of automation.

Cost-Benefit 138

Cost-Benefit Digital Transformation Consulting Strategy 138

IBM Big Data Hub

MAY 26, 2023

Cloud computing offers the potential to redefine and personalize customer relationships, transform and optimize operations, improve governance and transparency, and expand business agility and capability. Of these breaches, 45% were cloud-based, costing USD 10.10M on an average, per breach.

Consulting 78

Consulting Cost-Benefit Optimization Machine Learning 78

CDW Research Hub

MARCH 2, 2021

Yet for all their potential upside, the full benefits aren’t always achieved, often due to technology complexity, risk, cybersecurity, and execution throughout the M&A life cycle. Industry-leading practices related to digital, applications, data, operations, infrastructure, cybersecurity and risk.

Risk 52

Risk Consulting Cost-Benefit Sales 52

IBM Big Data Hub

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk. Be flexible.

Strategy 71

Strategy Cost-Benefit Key Performance Indicator Consulting 71

CIO Business Intelligence

SEPTEMBER 19, 2023

Organizations all around the globe are implementing AI in a variety of ways to streamline processes, optimize costs, prevent human error, assist customers, manage IT systems, and alleviate repetitive tasks, among other uses. And with the rise of generative AI, artificial intelligence use cases in the enterprise will only expand.

Enterprise 141

Enterprise Cost-Benefit Optimization Deep Learning 141

Smart Data Collective

SEPTEMBER 28, 2021

Moreover, with the help of an AI development company , businesses can avoid unforeseen downtime, increase operational productivity, develop new services and products, and boost risk control. Benefits of AI and IoT in Businesses. The advantages of IoT and AI could be combined to reap the full benefits of both.

IoT 133

IoT Internet of Things Cost-Benefit Consulting 133

CIO Business Intelligence

MARCH 13, 2024

But the biggest benefit was to new and lower-skilled workers, who saw a 34% improvement. In February, McKinsey released the results of a survey showing that 84% of telcos using gen AI for customer services were seeing cost savings, and 45% of them reduced costs by 6% or more.

IT 128

IT Consulting Testing Cost-Benefit 128

IBM Big Data Hub

APRIL 25, 2024

BPR examples are not one-time projects, but rather examples of a continuous journey of innovation and change focused on optimizing end-to-end processes and eliminating redundancies. This blog outlines some BPR examples that benefit from a BPM methodology.

Cost-Benefit 61

Cost-Benefit Finance Optimization Key Performance Indicator 61

CIO Business Intelligence

NOVEMBER 14, 2023

“Today we face the harsh reality of cloud costs, if not done right,” says Jay Upchurch, executive vice president and CIO at SAS. Without a clear cloud strategy and broad leadership support, even value-adding cloud investments may be at risk. Cloud costs will often — and rapidly — become large line items on budgets.

Strategy 144

Strategy Cost-Benefit IT Key Performance Indicator 144

CIO Business Intelligence

NOVEMBER 8, 2023

The technology talent gap continues to inflate labor costs, too, despite big layoffs in high tech, CIOs say, and they’ve seen double-digit increases in SaaS and cloud costs over the last two years. They weren’t communicating enough and it cost them a lot,” he says. in June, 2022, to 3.7% Here’s how.

IT 129

IT Cost-Benefit Digital Transformation Software 129

CIO Business Intelligence

DECEMBER 5, 2023

Some organizations have been innovating, transforming, and growing so fast that they haven’t had time to clear up older cost structures that start getting in the way,” says Stewart Buchanan, research vice president on Gartner’s CIO team. Each dollar of operational cost reduction drips directly to the bottom line.”

IT 137

IT Cost-Benefit Digital Transformation ROI 137

IBM Big Data Hub

JUNE 30, 2023

Optimize your maintenance inventory. As an added benefit, this can reduce working capital tied up to carrying high M&R part inventory levels. ​ Ensuring improved performance by proving out fulfillment scenarios prior to go-live​ Intelligently balancing omnichannel fulfillment costs against service to protect margins.

Consulting 71

Consulting Cost-Benefit Manufacturing B2B 71

IBM Big Data Hub

MARCH 25, 2024

This blog and the IBM Institute for Business Value study The Revolutionary Content Supply Chain aim to answer these questions to help executives and their employees to better understand the changing landscape in content creation and embrace the power of generative AI models when it comes to optimizing their content supply chains.

Uncertainty 104

Uncertainty Cost-Benefit Risk Measurement 104

CIO Business Intelligence

APRIL 4, 2024

Like other CIOs, Katrina Redmond has been inundated with opportunities to deploy AI that promise to speed business and operations processes, and optimize workflows. The cost of implementing and running AI models can be quite high, so you have to be really careful in assessing the business worthiness of AI use cases,” he says.

Enterprise 133

Enterprise Cost-Benefit Forecasting Strategy 133

CIO Business Intelligence

DECEMBER 22, 2023

These IT pros can also help organizations avoid potential risks around cloud security, while ensuring a smooth transition to the cloud across the company. Cloud consultants are becoming more important to businesses as they embrace cloud to achieve “increased and sustainable revenue”, according to 50% of respondents.

Consulting 126

Consulting Software Business Objectives Optimization 126

IBM Big Data Hub

DECEMBER 20, 2023

Without an AI strategy, organizations risk missing out on the benefits AI can offer. Whether it’s deeper data analysis, optimization of business processes or improved customer experiences , having a well-defined purpose and plan will ensure that the adoption of AI aligns with the broader business goals.

Strategy 78

Strategy Business Objectives Cost-Benefit Consulting 78

IBM Big Data Hub

NOVEMBER 24, 2023

While rebuild results in maximum benefit, there is a need for high degree of investment, whereas rehost is about moving applications and data as such to cloud without any optimization and this requires less investments while value is low. Generative AI also helps generate use cases based on code insights and functional mapping.

Cost-Benefit 98

Cost-Benefit Testing Data-driven Enterprise 98

CDW Research Hub

JUNE 11, 2020

Saab Sensis selected Sirius to help them implement a practical, optimized cloud migration strategy. This move will decrease overhead spending and increase efficiency and optimization, while minimizing downtime. The cloud data center benefits. Cost savings and global reach. Process optimization: develop process automation.

Optimization 52

Optimization Cost-Benefit Strategy Business Objectives 52

IBM Big Data Hub

NOVEMBER 6, 2023

With 89% of digital businesses investing in personalization to enhance the customer digital experience , those that fail to do so risk falling behind. Through workload optimization, watsonx.data can reduce the cost of an enterprise’s data warehouse by up to 50%.

Cost-Benefit 109

Cost-Benefit Enterprise ROI Data Warehouse 109

CIO Business Intelligence

OCTOBER 17, 2023

AWS also builds its own low-cost AI chips ( Inferentia and Trainium ) in limited volumes; the company is using the chips internally to power its gen AI capabilities, and it is making the chips available to customers. The gen AI gold rush — with little clarity on cost “It’s the year of AI,” declares Forrester Research.

Marketing 144

Marketing IT Cost-Benefit Enterprise 144

CIO Business Intelligence

APRIL 5, 2022

As consulting firm Deloitte notes, the free movement and operation of people, raw materials, finished goods, and factory operations have been stymied. Second, Optimas is using data analytics to help better collaborate with its business customers to reduce costs and better manage their inventories.

Analytics 145

Analytics Cost-Benefit Forecasting Manufacturing 145

CIO Business Intelligence

OCTOBER 13, 2022

More than just generic tweaks to the application stack or a simple lift-and-shift initiative, true app modernization involves holistic process improvements and optimizing the application mix for quantifiable business outcomes. Modernizing the application estate through cloud migration is a key part of any digital transformation strategy.

Cost-Benefit 110

Cost-Benefit Data-driven Optimization Digital Transformation 110

Smart Data Collective

JULY 19, 2021

When you decide to relocate or broaden your data center, you need to take into account the costs, operational capability, and security. Benefits Of Data Center Colocation. Risk Management. This is probably the second most adored benefit of data center colocation solutions. And of course, it comes at a certain price.

Cost-Benefit 131

Cost-Benefit Risk Management Risk Consulting 131

Smart Data Collective

SEPTEMBER 16, 2022

They are using big data technology to offer even bigger benefits to their fintech customers. The use of artificial intelligence technologies allows for improving the quality of service and minimizing costs. Benefits of Decentralized Finance: Transparency. Cost optimization. Benefits of Big Data: Customer focus.

Finance 118

Finance Unstructured Data Cost-Benefit Big Data 118

datapine

MARCH 8, 2021

Explore our 14-day free trial & benefit from great healthcare reports! Healthcare reports, or healthcare reporting, are a data-driven means of benchmarking the performance of specific processes or functions within a healthcare institution, with the primary aim of increasing efficiency, reducing errors, and optimizing healthcare metrics.

Reporting 198

Reporting KPI Management Cost-Benefit 198

AWS Big Data

FEBRUARY 1, 2024

Trade quality and optimization – In order to monitor and optimize trade quality, you need to continually evaluate market characteristics such as volume, direction, market depth, fill rate, and other benchmarks related to the completion of trades. The solution should be scalable, cost-efficient, and straightforward to adopt and operate.

Data Warehouse 119

Data Warehouse Dashboards Risk Management Risk 119

CIO Business Intelligence

MAY 9, 2023

Others conducted apples-to-apples comparisons of public cloud versus on-premises costs. The reality is the decision to put applications in the public cloud or on-premises systems is not an either-or argument; rather, it requires a nuanced conversation, as consultant Ian Meill points out in this sober assessment.

ROI 121

ROI Cost-Benefit KPI Uncertainty 121

AWS Big Data

APRIL 29, 2024

This system simplifies managing user access, saves time for data security administrators, and minimizes the risk of configuration errors. Effective permission management helps tackle these challenges by controlling how data is accessed and used, providing data integrity and minimizing the risk of data breaches.

Management 92

Management Big Data Metadata Data Warehouse 92

IBM Big Data Hub

JULY 19, 2023

The exponential leap in generative AI is already transforming many industries: optimizing workflows , helping human teams focus on value added tasks and accelerating time to market. Supply Chain: Demand forecasting, supply chain optimization, risk assessment and mitigation. Why IBM Consulting for generative AI on AWS?

Consulting 63

Consulting Machine Learning Manufacturing Optimization 63

IBM Big Data Hub

JUNE 2, 2023

IBM Consulting’s Accelerated Incremental Mainframe Modernization Legacy applications, while being the current crown jewels of states’ IT ecosystems, hinder business agility and are expensive and complicated, therefore making any rebuild, refactor or integration attempts risky. Why IBM Consulting and AWS?

Consulting 86

Consulting Cost-Benefit Technology ROI 86

CIO Business Intelligence

AUGUST 2, 2023

Modernize with purpose Before you begin, it’s essential to tie any app modernization project to the business need that is being addressed, says Aparna Sharma, a managing partner for hybrid cloud services at IBM Consulting. This will enable you to define, develop, and execute the optimal migration and modernization path for your business.”

Consulting 96

Consulting Testing Software Cost-Benefit 96

CIO Business Intelligence

FEBRUARY 27, 2023

If you look into the startup world, they start in public clouds, but as they grow to a certain scale, cloud costs will become a big problem and the need for more control might come up to bring things back into their own infrastructures or sovereign clouds. So cloud-native first, yes but maybe not public cloud first to the same degree.”

Cost-Benefit 139

Cost-Benefit Digital Transformation Strategy Software 139

IBM Big Data Hub

APRIL 22, 2024

We use to collect data from 6,500+ utility bills we receive globally each year and summarize total energy consumption, cost, and renewable electricity purchases across to save many hours of calculations. This will help advance progress by optimizing resources used.

IoT 84

IoT Internet of Things Cost-Benefit Reporting 84

CIO Business Intelligence

SEPTEMBER 14, 2022

Yet, there is risk in sidelining these issues and not moving quickly. That should start with examining their IT architecture and asking whether/how it enables the business to: Use cloud services to achieve improved business outcomes such as efficiency, cost optimization, and speed to market; Pivot to new ways of working, as needed.

IT 83

IT Digital Transformation Cost-Benefit Consulting 83

FineReport

APRIL 9, 2024

Benefits of Healthcare Business Intelligence Tools Improved Decision-Making: Healthcare BI tools enable informed decision-making by providing real-time data analysis and predictive insights. Optimized Operational Efficiency: These tools streamline processes and resource allocation, leading to cost savings and improved resource utilization.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52