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). Successful companies stay focused on delivering products and services in any technology context. Are we trying to improve efficiency?

Digital Transformation 105

Digital Transformation ROI Business Objectives Manufacturing 105

CIO Business Intelligence

MAY 11, 2022

Companies that do not anchor to brand purpose run the risk of spending millions on technologies that do not align to what customers care about. Otherwise, risks include lags in response time, a shortfall in anticipating customer needs, a reduction in customer trust and damage to the CX. Implement change enablement. Bryan Comite.

Digital Transformation 105

Digital Transformation ROI Risk Optimization 105

CIO Business Intelligence

JUNE 8, 2023

Here are six things to consider: • Work with the business to identify the most practical use cases that will yield ROI. Keep cyber and resilience as standing board topics, even when not at elevated risks, to create muscle memory and potential energy for when action is required. Digital Transformation Learn more.

Marketing 111

Marketing Recreation/Entertainment Interactive Risk 111

CIO Business Intelligence

DECEMBER 5, 2023

But as digital transformation efforts have intensified in recent years, CIOs have had fewer opportunities to pause and reevaluate IT’s financial situation. Even as they recognize digital transformation as the primary driver of business growth, many CEOs expect IT to do it all while keeping budgets flat.

IT 138

IT Cost-Benefit Digital Transformation ROI 138

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

MAY 1, 2023

The complexity of an organization’s application landscape, along with the lack of perceived value in modernizing core applications to introduce new capabilities and enhance existing capabilities, introduces risk to both internal colleagues and external customers.

Consulting 59

Consulting Data Governance Digital Transformation ROI 59

IBM Big Data Hub

JUNE 26, 2023

For today’s IT professionals, AIOps is also one of the fastest ways to realize tangible ROI from digital transformation investments. But “always-on” is costly, and too many organizations overprovision to mitigate performance risks (and overspend in the process).

Digital Transformation 57

Digital Transformation Cost-Benefit ROI Data-driven 57

CIO Business Intelligence

MARCH 21, 2022

The top CEO priorities for IT leadership also revealed a growing desire to align years of technology investment with operational excellence while ensuring digital initiatives are running on all cylinders and delivering the proper business outcomes. Only 10% of respondents turn to the CIO for the sole purpose of risk assessment.

IT 131

IT Digital Transformation Consulting Technology 131

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.”. Are you up to the task?

Cost-Benefit 119

Cost-Benefit Digital Transformation Strategy Consulting 119

CIO Business Intelligence

MAY 20, 2022

As global CIO, Karaboutis is the chief architect of the $20 billion British multinational’s digital transformation in the UK as well as in New York and New England. And in so many cases, it’s not pure ROI and cost savings but it’s removing hidden costs and shared costs of managing technical debt, like not having to do upgrades.

IT 105

IT Digital Transformation Internet of Things Data Architecture 105

CIO Business Intelligence

MAY 25, 2023

Having a trustworthy and proven location to source Microsoft licenses, such as the Lenovo Pro Small Business Store, SMBs can efficiently stay on top of their Microsoft licensing requirements, without risk of dealing with unlicensed copies of the software. This is what Lenovo Pro Small Business Store has been designed to help address.

Digital Transformation 52

Digital Transformation ROI Software Risk 52

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

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. Stage 2: Risk While there is a general awareness of the benefits of data governance , roles are poorly understood. And data governance both starts and depends on people.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

Ontotext

APRIL 3, 2024

Aurelije Zovko : For me, it is a digital transformation. This ties in with the point about digital transformation as well as with making sure data-centricity is at the root of our approach. Nimit Mehta : You are talking about the three big ones: cost, revenue, and risk. How do I make sure I can manage risk?”

Technology 59

Technology Risk Digital Transformation Measurement 59

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. While we weren’t naïve to the risk of disruption to the business, the extent and magnitude was greater than we anticipated.”

Manufacturing 128

Manufacturing Cost-Benefit Sales Consulting 128

IBM Big Data Hub

OCTOBER 18, 2022

It’s more vexing than regulation, cyber risk, and even supply chain disruptions. Most admit uncertainty around ROI and nearly half struggle with adequate insights from their data. Findings and lessons from these transformational leaders will be discussed in an upcoming AI for Good webinar at 10:00 AM ET on October 25, 2022.

Uncertainty 52

Uncertainty Strategy Measurement Digital Transformation 52

Sisense

MARCH 23, 2020

In Monetizing Your Data , we look at digital transformation: the ways of turning data into new revenue streams and apps that boost income, increase stickiness, and help your company thrive in the world of Big Data. Charles Holive, Managing Director, Strategy Consulting, Sisense. Michael Corcuera, CEO of Erea Consulting.

Analytics 64

Analytics Data-driven Consulting Marketing 64

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

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

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.

Technology 97

Technology ROI Metrics Digital Transformation 97

IBM Big Data Hub

NOVEMBER 10, 2023

The return on investment (ROI) as a result of efficiencies gained, reduction of unnecessary medical spend, and improved member experience scores, can be in the hundreds of millions for mid-sized payer with 3 million members.

Cost-Benefit 105

Cost-Benefit Insurance Consulting Unstructured Data 105

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

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. Arjun: Absolutely.

Enterprise 94

Enterprise Insurance Digital Transformation Interactive 94

CIO Business Intelligence

AUGUST 1, 2023

Digital transformation must be a core organizational competency. The impact of generative AIs, including ChatGPT and other large language models (LLMs), will be a significant transformation driver heading into 2024. Improving customer support is a quick win for delivering short-term ROI from LLMs and AI search capabilities.

Digital Transformation 98

Digital Transformation Unstructured Data Strategy Experimentation 98

Domino Data Lab

MARCH 3, 2019

The leaders have learned how to create ROI from ML—now they’re competitive and doubling down on their AI bets. However, the laggards have years’ worth of digital transformation, company culture detox, massive staffing hurdles, etc. Translated, there’s a breakaway accelerating between the leaders and the laggards.

Data Science 49

Data Science Deep Learning Machine Learning Modeling 49

IBM Big Data Hub

AUGUST 15, 2023

From a cost perspective, foundation models require significant upfront investment; however, they allow companies to save on the initial cost of model building since they are easily scaled to other uses, delivering higher ROI and faster speed to market for AI investments. The pilot also made it easier to gain important HR insights.

IT 83

IT Data Governance Modeling Cost-Benefit 83

Andrew White

JANUARY 11, 2021

As with any good consulting response, “it depends.” Do you recommend a consulting approach strategy rather than a CDO strategy? Some data is more a risk than valuable. Risk Management (most likely within context of governance). See: Use Infonomics to Quantify Data Monetization Risks and Establish a Data Security Budget.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52