CIO Business Intelligence

NOVEMBER 20, 2023

IBM, for one, found that the average ROI on enterprise-wide AI initiatives at 5.9% with best-in-class companies “reaping an enviable 13% ROI.” Their enthusiasm is justified, with multiple studies finding that AI is delivering strong value and returns on investment. No wonder that they’re all talking about it.

Technology 137

Technology IT ROI Software 137

CIO Business Intelligence

JANUARY 17, 2023

But when it comes to PDF editors, a recent study from Forrester Consulting shows that this is not the case. In fact, by switching from a legacy PDF editor to a lower cost alternative, organizations saw a three-year ROI of 284%. Digital Transformation. A lower price tag often comes with a pared down, lower-quality product.

ROI 52

ROI Digital Transformation Risk Consulting 52

CIO Business Intelligence

AUGUST 21, 2023

No one denies its transformative potential, but digital leaders say a majority of people seem to think generative AI, which Gartner recently placed at the peak of inflated expectations in its 2023 hype cycle , has more capabilities than it does — at least at this time. Consider some recent survey findings.

Technology 145

Technology IT Uncertainty Reporting 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.

Digital Transformation 145

Digital Transformation Measurement Data-driven Metrics 145

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. A leader also needs to devote time and energy to drive a transformation forward.

Digital Transformation 145

Digital Transformation Dashboards Cost-Benefit Consulting 145

IBM Big Data Hub

OCTOBER 18, 2022

CEOs identify a range of challenges both within and beyond their organizations, and only a quarter report active implementation of their sustainability strategy across their entire enterprise. In the last five years, CEOs report their investments in sustainability have more than doubled as a percentage of revenue.

Uncertainty 52

Uncertainty Strategy Measurement ROI 52

Anmut

MARCH 22, 2023

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. As such, rudimentary data is used for reporting purposes, but it doesn’t influence wider business operations or strategic decision-making.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

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

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. We have had meetings and project status reports where executives were asking, ‘Why are we doing this?’

IT 136

IT Cost-Benefit Management Digital Transformation 136

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. Other reports also highlight the strong CEO interest in AI. 1 mandate to for CIOs to lead digital transformation.

IT 124

IT Digital Transformation ROI Strategy 124

Rocket-Powered Data Science

FEBRUARY 12, 2021

One can automate a very complicated and time-consuming process, even for a one-time bespoke application – the ROI must be worth it, to justify doing this only once. IA refers to the addition of “intelligence” to the RPA – transforming it into “smart RPA” or even “cognitive RPA”. The average ROI from RPA/IA deployments is 250%.

ROI 233

ROI Digital Transformation Reporting Machine Learning 233

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. Close to a 20-year career now in marketing. Venkat: Got it.

Enterprise 75

Enterprise Digital Transformation Marketing Cost-Benefit 75

Anmut

APRIL 6, 2021

Enterprise digital transformation and data. Most organisations undergoing a digital transformation understand that data is critical, but how many are actually managing data as an asset ? Your digital transformation initiatives fail. How data assets help enterprise digital transformation initiatives succeed.

Digital Transformation 52

Digital Transformation Enterprise Data Quality Data-driven 52

Anmut

APRIL 6, 2021

“Data is the new corporate currency” This phrase is regularly thrown around but most organisations are not connecting the dots, failing to see their data as a tangible asset in order to help their digital transformation efforts succeed.?. Your digital transformation initiatives fail. The result? The answer?

Digital Transformation 52

Digital Transformation Data Quality Data-driven ROI 52

CIO Business Intelligence

APRIL 22, 2024

“But we took a step back and asked, ‘What if we put in the software we think is ideal, that integrates with other systems, and then automate from beginning to end, and have reporting in real-time and predictive analytics?’” That allows us to help the businesses we service be more successful, more profitable.

IT 126

IT Data-driven Strategy Consulting 126

CIO Business Intelligence

MAY 9, 2022

Enterprise transformation demands technology to work and people to adopt it. The “people” component of enterprise transformation can make or break digital transformation. While strong ROI is compelling, so is the fact that people issues are one of the top enterprise risks. The collaborative role of the C-suite.

Technology 97

Technology ROI Metrics Digital Transformation 97

CIO Business Intelligence

OCTOBER 13, 2022

CIO.com: Can you detail the Bin Dasmal Group’s digital transformation process and how changes have helped improve business performance? This has to be achieved by investing in the latest available technologies with lower total cost of ownership and maximizing ROI. CIO, Digital Transformation

Digital Transformation 96

Digital Transformation Manufacturing Data Processing Software 96

CIO Business Intelligence

APRIL 20, 2023

In a recent article , we discussed the connection between digital transformation, innovation, and rising IT complexity. Most security teams with dozens of tools will admit they don’t really know how well they’re working,” comments Chris Hughes, cybersecurity consultant, and university lecturer. Digital Transformation

Cost-Benefit 72

Cost-Benefit ROI Digital Transformation 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 ROI Digital Transformation Data Processing 52

bridgei2i

MARCH 12, 2020

Tune in to hear his outlook on how AI is powering new digital business models, aiding digital transformation efforts, and delve into the value roadmap for increased AI adoption. You’re listening to AI to Impact by BRIDGEi2i, a podcast on AI for the digital enterprise. So why digital transformation?

Enterprise 52

Enterprise Digital Transformation ROI Data-driven 52

IBM Big Data Hub

NOVEMBER 10, 2023

With 63% of physicians reporting signs of burnout , and 47% of clinicians planning to leave their jobs in the next two to three years , this provision could not be more timely and relevant as it is right now.

Cost-Benefit 105

Cost-Benefit Insurance Consulting Unstructured Data 105

bridgei2i

SEPTEMBER 3, 2020

My name is Arjun Shenoy, and I help companies succeed in their AI-enabled digital transformation efforts. I’m a director with BRIDGEi2i, and I focus on building assets and solutions that support execution and quick ROI on client’s digital programs. He has earlier worked at tech majors like GE and Honeywell.

Enterprise 94

Enterprise Insurance Digital Transformation Interactive 94

Domino Data Lab

MARCH 3, 2019

We had big surprises at several turns and have subsequently published a series of reports. Let’s look through some of the insights gained from those reports. Seriously, this entire article merely skims the surface of those reports. Mature practices reported 86%, and within financial services the numbers were somewhat higher.

Data Science 49

Data Science Deep Learning Machine Learning Modeling 49

Smarten

NOVEMBER 10, 2022

Here are two statistics that might interest you: 60% of employees use apps for work-related activity (Source: Digital Strategy Consulting ). Without mobile access to data, it is difficult to implement strategies for Citizen Data Scientists or initiatives for Digital Transformation (Dx), data literacy or data democratization.

ROI 52

ROI Digital Transformation Statistics Data Processing 52

Smarten

JUNE 22, 2022

Technology research and consulting firm, Gartner, predicts that, ‘By 2023, data literacy will become an explicit and necessary driver of business value, demonstrated by its formal inclusion in over 80% of data and analytics strategies and change management programs.’. Here are a few for your to consider: Improve overall organizational value.

Slice and Dice 76

Slice and Dice Digital Transformation Business Intelligence Predictive Modeling 76

Andrew White

JANUARY 11, 2021

What is unique about the D&A Leadership Vision is that it crossed over into business since for many organizations, the CDO reports into the CEO or COO (as examples). The fill report is here: Leadership Vision for 2021: Data and Analytics. As with any good consulting response, “it depends.” It really does. That’s the idea.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52