CIO Business Intelligence

JANUARY 24, 2024

Organizations can’t afford to mess up their data strategies, because too much is at stake in the digital economy. Unfortunately, the road to data strategy success is fraught with challenges, so CIOs and other technology leaders need to plan and execute carefully. Here are some data strategy mistakes IT leaders would be wise to avoid.

Data Strategy 136

Data Strategy Strategy Unstructured Data Data Governance 136

IBM Big Data Hub

MARCH 29, 2024

An effective customer retention strategy should support the company to maintain a healthy stable of loyal customers and bring in new customers. Organizations that succeed at customer retention will benefit by encouraging customer loyalty. Some of the steps to building an effective customer retention strategy are: 1.

Strategy 64

Strategy Cost-Benefit Key Performance Indicator Marketing 64

CIO Business Intelligence

JANUARY 3, 2024

AI can help optimize processes in many different ways, for example: customers’ speech and text into different languages, dialects, or accents. AI First in the Contact Center IBM Consulting and Amazon Web Services (AWS) are working together to bring an AI-first strategy to contact center transformation. Digital Transformation

B2B 126

B2B Insurance Consulting Cost-Benefit 126

datapine

MAY 2, 2023

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. These applications are designed to benefit logistics and shipping companies alike. Did you know?

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

IBM Big Data Hub

NOVEMBER 30, 2023

Talent acquisition refers to the ongoing strategy and process an organization and its HR department uses to source, attract, evaluate, hire and retain the highly-qualified new employees it needs to grow. A well-crafted talent acquisition strategy has become a critical component for organizations seeking to secure a competitive edge.

Strategy 68

Strategy Cost-Benefit Consulting Data-driven 68

IBM Big Data Hub

MARCH 15, 2024

To accelerate the hybrid cloud journey and control costs, it is critical to prioritize specific execution and transformation steps. IBM Consulting Cloud Accelerator understands complex program interactions in the current state of applications and microservices and can perform a what-if analysis of possible target states.

Consulting 99

Consulting Cost-Benefit Risk Measurement 99

CIO Business Intelligence

JULY 31, 2023

For those companies operating on a calendar year, the end of summer signals the start of annual planning and the mad dash to prepare their IT strategies. Your answers will lay the foundation for your strategy and highlight where your story needs work if you want to avoid fire drills in the eleventh hour. How much will it cost?

Strategy 98

Strategy IT Cost-Benefit Finance 98

IBM Big Data Hub

JANUARY 8, 2024

Organizations then benefit from looking at industry and technology trends to better decide how to deliver the best possible customer experience to existing and prospective customers. There are several reasons why digital transformation and business strategy are so closely tied together: 1. The result is nearly always the same.

Digital Transformation 66

Digital Transformation Strategy Key Performance Indicator Cost-Benefit 66

Smart Data Collective

JANUARY 27, 2022

Research has shown that companies with big data strategies are 19 times more likely to become profitable. Unfortunately, some businesses have made poor decisions when instituting a data strategy. You are going to need to come up with an IT budget that is geared towards making the most of your big data strategy.

Optimization 107

Optimization IT Big Data Cost-Benefit 107

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 139

Cost-Benefit Digital Transformation Consulting Strategy 139

AWS Big Data

APRIL 25, 2024

However, as data volumes continue to grow, optimizing data layout and organization becomes crucial for efficient querying and analysis. To address this challenge, common practices like partitioning and bucketing can significantly improve query performance and reduce computation costs.

Optimization 65

Optimization Data Lake Cost-Benefit Reporting 65

CIO Business Intelligence

APRIL 29, 2024

By leveraging data-driven methods, businesses can optimize and reclaim operating capital from their extensive technology budgets, reducing expenses without resorting to drastic measures. However, it’s important to remember that headcount and budget cuts are not the only strategies to streamline costs.

Technology 64

Technology Cost-Benefit Data-driven Finance 64

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

OCTOBER 23, 2023

As a result, most IT functions have seen budget increases, support for more staff, and higher involvement in shaping enterprise strategy , according to multiple reports. According to its 2023 research paper Total Enterprise Reinvention , “only 8% of companies are moving to adopt a strategy of Total Enterprise Reinvention.”

IT 137

IT Consulting Scorecard Key Performance Indicator 137

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 79

Consulting Cost-Benefit Optimization Machine Learning 79

Smart Data Collective

AUGUST 30, 2022

That figure is expected to grow as more businesses discover its benefits. Analytics Can Be Essential for Helping Companies with their Pricing Strategies. In today’s business world, pricing has become one of the most important parts of a company’s strategy. Cost-Plus Pricing.

B2B 131

B2B Analytics Cost-Benefit Metrics 131

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

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

MAY 12, 2023

IBM Consulting™ helped the customer modernize its architecture for a heavily used business-to-business conversational AI app. IBM’s recommendations included API-specific improvements, bot UX optimization, workflow optimization, DevOps microservices and design consideration, and best practices for Azure manage services.

Consulting 80

Consulting Cost-Benefit Optimization Dashboards 80

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 134

Enterprise Cost-Benefit Forecasting Strategy 134

FineReport

JULY 26, 2021

When implemented effectively, a successful BI strategy will reach every corner of the organization, having a positive impact and enabling people to make the right decisions quickly. What is business intelligence strategy? At the same time, enterprises can use the BI strategy to gradually reach various business objectives.

Business Intelligence 52

Business Intelligence Strategy Cost-Benefit Data-driven 52

FineReport

JULY 26, 2021

When implemented effectively, a successful BI strategy will reach every corner of the organization, having a positive impact and enabling people to make the right decisions quickly. What is business intelligence strategy? At the same time, enterprises can use the BI strategy to gradually reach various business objectives.

Business Intelligence 52

Business Intelligence Strategy Cost-Benefit Data-driven 52

CIO Business Intelligence

FEBRUARY 20, 2023

Benefits of Salesforce certifications Salesforce jobs range from the technical (architects, developers, implementation experts) to those related to marketing and sales. According to a study by Indeed.com , 70% of Salesforce developers in the US are satisfied with their salaries given the cost of living in their area.

Consulting 87

Consulting B2B Cost-Benefit Sales 87

Smart Data Collective

MAY 2, 2019

Big data has been especially important for optimizing their marketing campaigns. They are developing more data driven solutions to offer better search marketing strategies. Going in alone might be hard, for the inexperienced but with a local SEO firm like MRC SEO Consulting. You can achieve a lot within a short period.

Big Data 111

Big Data Optimization Modeling Deep Learning 111

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. The cloud solution. The results.

Optimization 52

Optimization Cost-Benefit Strategy Business Objectives 52

CIO Business Intelligence

FEBRUARY 27, 2023

To understand how organizations may be approaching their cloud strategies and tech investments in 2023, members of VMware’s Tanzu Vanguard community shared their insights on what trends will take shape. According to Forrester , forty percent of firms will take a cloud-native first strategy.

Cost-Benefit 145

Cost-Benefit Digital Transformation Strategy Software 145

IBM Big Data Hub

NOVEMBER 24, 2023

Application modernization starts with assessment of current legacy applications, data and infrastructure and applying the right modernization strategy (rehost, re-platform, refactor or rebuild) to achieve the desired result. Subsequent phases are build and test and deploy to production.

Cost-Benefit 98

Cost-Benefit Testing Data-driven Enterprise 98

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 133

IT Cost-Benefit Digital Transformation Software 133

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. Here are the top cloud market trends and how they are impacting CIO’s cloud strategies.

Marketing 144

Marketing IT Cost-Benefit Enterprise 144

CIO Business Intelligence

JANUARY 11, 2023

As technology projects, budgets, and staffing grew over the past few years, the focus was on speed to market to maximize opportunity, says Troy Gibson, CIO services leader at business and IT advisory firm Centric Consulting. Avila believes there will be a significant focus on cost optimization via technology in 2023.

Digital Transformation 145

Digital Transformation Cost-Benefit Consulting Enterprise 145

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 72

Consulting Cost-Benefit Manufacturing B2B 72

IBM Big Data Hub

MARCH 14, 2024

According to a study conducted by HFS Research in partnership with IBM Consulting®, only 25% of surveyed enterprises have reported solid ROI on business outcomes from their cloud transformation efforts. This complexity and inconsistency increase costs and hinder businesses from meeting demands, goals and outcomes.

ROI 75

ROI Business Objectives Cost-Benefit Enterprise 75

IBM Big Data Hub

APRIL 22, 2024

We believe there are three core areas that every organization should focus on: sustainability strategy and reporting; energy transition and climate resilience; and intelligent asset, facility and infrastructure management. This approach can help organizations to more easily establish a sustainability strategy across the business.

IoT 84

IoT Internet of Things Cost-Benefit Reporting 84

CIO Business Intelligence

AUGUST 2, 2023

To fully capitalize on the cloud’s scalability and flexibility, most enterprises go beyond a simple lift-and-shift approach, instead injecting them with cloud-native capabilities — a strategy that sounds simple but can quickly prove complex. Select the strategy that best aligns with your goals, timeline, and resources,” Csonka advises.

Consulting 98

Consulting Testing Software Cost-Benefit 98

CIO Business Intelligence

OCTOBER 13, 2022

Modernizing the application estate through cloud migration is a key part of any digital transformation strategy. 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.

Cost-Benefit 111

Cost-Benefit Data-driven Optimization Digital Transformation 111

IBM Big Data Hub

MAY 16, 2023

This complexity translates into higher costs and makes it difficult for marketing teams to keep up. IBM Consulting offers managed marketing services that help clients improve their customer journeys by bringing together strategy, experience, technology and operations. Did that action turn into a lead?

Marketing 74

Marketing Management Optimization Cost-Benefit 74

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