IBM Big Data Hub

DECEMBER 5, 2023

While every customer interaction is different, organizations that want to improve customer retention and grow their customer base must create an effective customer service strategy. Poor service is the top reason consumers stop purchasing from a company, according to Salesforce’s State of the Connected Customer Report.

Strategy 69

Strategy Consulting Key Performance Indicator Measurement 69

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 69

Strategy Cost-Benefit Consulting Data-driven 69

IBM Big Data Hub

DECEMBER 8, 2023

The only way for effective risk reduction is for an organization to use a step-by-step risk mitigation strategy to sort and manage risk, ensuring the organization has a business continuity plan in place for unexpected events. Building a strong risk mitigation strategy can set up an organization to have a strong response in the face of risk.

Risk 75

Risk Strategy Risk Management Insurance 75

Anmut

MARCH 22, 2023

A data maturity model helps your company measure its data and business health. 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. This stage is typical for organisations that are just starting to develop their data strategy.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

CIO Business Intelligence

JANUARY 24, 2023

Other reports confirm that hybrid work is here to stay. And we say what we’re doing, the principle it’s related to, and here’s how we measure it.” Those principles, along with lessons learned during recent years, have helped Pfeiffer sharpen her tech strategy for supporting hybrid work in 2023.

Strategy 142

Strategy Consulting Technology Software 142

Alation

OCTOBER 5, 2021

What is data governance and how do you measure success? Answers will differ widely depending upon a business’ industry and strategy for growth. The first step towards a successful data governance strategy is setting appropriate goals and milestones. Why is your data governance strategy failing?

Data Governance 96

Data Governance Strategy Data Quality Metrics 96

FineReport

JUNE 19, 2023

Operational reports have the potential to greatly enhance business performance through the utilization of data-driven insights. These reports offer a structured and comprehensible representation of data, enabling a clearer understanding of complex issues that might otherwise remain elusive. What Is An Operational Report?

Operational Reporting 52

Operational Reporting Reporting Key Performance Indicator Dashboards 52

CIO Business Intelligence

MARCH 23, 2022

And they earned less due to lockdown regulations, with Oxfam International reporting that the pandemic cost women globally around US$800 billion in earnings. Measure your DEI efforts. In 2022, companies should make it a priority to measure the impact of their DEI efforts, highlights Sineke. But times are changing.

Strategy 105

Strategy Scorecard Measurement Consulting 105

CIO Business Intelligence

DECEMBER 18, 2023

According to a report commissioned by Microsoft from PwC, the use of AI in environmental use cases could contribute up to 5.2 For that we have to measure the environmental footprint,” said Sherif Tawfik, Chief Sustainability Commercial Officer, Microsoft Central, Eastern Europe and the Middle East.

Consulting 119

Consulting Manufacturing Machine Learning Measurement 119

Jet Global

JANUARY 8, 2021

An Operations Key Performance Indicator (KPI) or metric is a discrete measurement that a company uses to monitor and evaluate the efficiency of its day-to-day operations. These operations KPIs help management identify which operational strategies are effective, and those that inhibit the company. What is an Operations KPI?

Metrics 131

Metrics Manufacturing Reporting KPI 131

CIO Business Intelligence

OCTOBER 16, 2023

is designed to help to defend against the three most common attack vectors identified in Verizon’s annual Data Breach Investigations Report (DBIR). Cybersecurity experts at Verizon Consulting Services draw on hands-on experience in solving payment card security challenges dating back to the formation of the PCI security regulation in 2002.

Gap analysis 128

Gap analysis Consulting Risk Measurement 128

Sisense

APRIL 17, 2020

I recommend starting your data strategy with a right-to-left approach, focusing on the desired business outcomes first, instead of the data, to support those outcomes,” says Charles Holive, Sisense Managing Director of Data Monetization and Strategy Consulting. Experiment to guide a winning data strategy.

Data Strategy 81

Data Strategy Strategy Digital Transformation Data Warehouse 81

CIO Business Intelligence

MARCH 26, 2024

In its latest filing, the company said it continued executing cost management measures, “including limiting external hiring, employee reorganizations, and other actions” to align its investments with strategic priorities and customer needs. These actions resulted in a reduction in overall headcount.

Uncertainty 119

Uncertainty Forecasting Optimization Consulting 119

Occam's Razor

JULY 6, 2015

Over the last year, I've also worked with many companies to drive new and rapid innovation in their digital strategies using the framework. My hope is to better assist you in your own journey in using the framework to unlock imagination, build intent-based audience strategies, deliver joy to them and accelerate business profit.

Measurement 158

Measurement Marketing Metrics Strategy 158

CIO Business Intelligence

FEBRUARY 13, 2024

IT leaders are drowning in metrics, with many finding themselves up to their KPIs in a seemingly bottomless pool of measurement tools. Still, when all is said and done, some key metrics stand out above the rest for accurately measuring IT success. There are a number of ways to measure value. Here they are.

Metrics 140

Metrics IT ROI Measurement 140

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. Consider the findings of a report from professional services firm Accenture. Strategies to transform IT for digital success include the following.

IT 137

IT Consulting Scorecard Key Performance Indicator 137

CIO Business Intelligence

FEBRUARY 8, 2024

Recent financial reports from major global IT services firms have highlighted a concerning slowdown in the industry that could persist, signaling potential changes to hiring and spending plans. These developments, along with broader market reports, have cast a shadow over the growth prospects of the IT services sector.

IT 98

IT Uncertainty Consulting Forecasting 98

IBM Big Data Hub

FEBRUARY 16, 2024

Customer experience involves customer experience management (CXM), which refers to strategies, technologies and practices for improving business results by creating an ideal experience for anyone interacting with a company. CX teams are concerned with both short-term tactics and long-term strategy.

Metrics 99

Metrics Interactive Consulting Sales 99

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

MARCH 13, 2024

According to a research report IDC released in November, based on a survey of over 2,100 business leaders and decision makers with responsibility for AI transformation, 71% of companies already using AI are seeing returns on their AI investments within 14 months, averaging $3.50 for every $1 spent. “AI

IT 128

IT Consulting Testing Cost-Benefit 128

CIO Business Intelligence

MARCH 16, 2022

Leaders tend to focus on the vision of the future state, and project teams tend to focus on sharing their new great idea,” says Matt Mead, CTO at SPR Consulting. It’s an oft repeated adage, introduced by management guru Peter Drucker famously, that culture eats strategy for breakfast. It’s not about your vision; it’s about their why.

Management 143

Management Measurement Metrics Consulting 143

CIO Business Intelligence

MARCH 25, 2024

In early 2023, Hubbard knew Rest needed an ambitious new technology roadmap to enable the implementation of its strategy to make the superannuation experience simpler. He brought on my firm, Enablement Consulting, to assess the situation and then work with Hubbard and his team to implement a persistent funding operating model at Rest.

Modeling 124

Modeling Cost-Benefit IT ROI 124

CIO Business Intelligence

APRIL 18, 2024

Three quarters of those surveyed say Copilot saves them time by helping to search their files, according to a November report from Microsoft. “As As use of generative AI at work spreads, the real opportunity is to not only transform personal productivity but lift the capability of the entire organization,” the report says.

Cost-Benefit 140

Cost-Benefit ROI Sales Enterprise 140

datapine

JANUARY 24, 2021

It is not just important to gather all the existing information, but to consider the preparation of data and utilize it in the proper way, has become an indispensable value in developing a successful business strategy. For example, you need to develop a sales strategy and increase revenue. Today, big data is about business disruption.

IT 317

IT Statistics KPI Data-driven 317

Sisense

SEPTEMBER 12, 2019

Every business needs a business intelligence strategy to take it forward. . As the Global Team Lead of BI Consultants at Sisense, I can say that the projects I’ve worked on where a BI strategy was involved, were more successful than projects without a strategy. But what is a BI strategy in today’s world?

Strategy 81

Strategy Dashboards Diagnostic Analytics Prescriptive Analytics 81

CIO Business Intelligence

DECEMBER 22, 2023

To tackle that, businesses are turning their budgets toward the cloud, with two out of every three IT decision-makers planning to increase cloud budgets in 2024, and nearly a third (31%) reporting that 31% of their IT budget is earmarked for cloud computing, according to the 2023 Cloud Computing Study from CIO.com parent company Foundry.

Consulting 130

Consulting Software Business Objectives Optimization 130

CIO Business Intelligence

JANUARY 11, 2024

2023 was a year made notable by a range of unexpected, unpredictable, and fast-moving challenges that, despite seemingly having little to do with technology, had profound impacts on IT strategies. We have to make sure everyone understands what they are doing, why they are doing it, and — most importantly — how success will be measured.”

IT 133

IT Uncertainty Cost-Benefit Strategy 133

IBM Big Data Hub

SEPTEMBER 13, 2023

According to the Cost of a Data Breach 2023 Report by IBM, the average cost of a data breach reached a record high of USD 4.45 As data leaks on the dark web continue to make headlines, organizations face heightened pressure to reinforce their breach containment strategies. million this year.

Risk 105

Risk Management Strategy Measurement 105

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. Those Three Big Acronyms are still important for fine-tuning your IT operations, but success today is increasingly measured in business outcomes. Maybe you’ve even surpassed expectations in each of these yardsticks.

ROI 126

ROI Cost-Benefit KPI Uncertainty 126

IBM Big Data Hub

MAY 24, 2023

Diageo, for example, recently reported it is experiencing remarkable growth, expanding by 36% compared to pre-pandemic levels, driven by the demand for premium alcohol and reflecting changing consumer preferences. This intriguing juxtaposition highlights the resilient nature of consumers and their desire to seek moments of joy and comfort.

Digital Transformation 85

Digital Transformation Consulting Data-driven Uncertainty 85

IBM Big Data Hub

NOVEMBER 8, 2023

Execute and set up reporting: Implement the system with the capability to monitor and measure through automated reporting (including tracking missing data and data health, as well as origin traceability). Engage IBM Consulting to assist in infusing intentionality into your compliance strategy.

Cost-Benefit 115

Cost-Benefit Consulting Risk Reporting 115

Smart Data Collective

OCTOBER 26, 2023

One poll found that 56% of companies use AI to enhance their cybersecurity strategies. With persistent threats from state-sponsored espionage, hacktivist organizations, and cyber warfare, having an effective cybersecurity strategy has become increasingly important for the protection of national security.

Technology 91

Technology Risk Measurement IoT 91

datapine

MAY 21, 2019

Armed with BI-based prowess, these organizations are a testament to the benefits of using online data analysis to enhance your organization’s processes and strategies. The ROI alone from hours saved and reduced costs of producing current reports will improve your bottom line. And the success stories are seemingly endless.

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards Slice and Dice 183

CIO Business Intelligence

JANUARY 12, 2023

In last year’s Digitization of African Agriculture report, which the ACP compiles, it details how 33 million small-scale farmers and pastoralists registered with Digital for Agriculture (D4Ag) solutions across the continent in 2019, adding that it’s expected to rise to 200 million by 2030.

IoT 143

IoT Consulting Internet of Things Technology 143

CIO Business Intelligence

DECEMBER 28, 2023

Governance, risk, and compliance (GRC) is an operational strategy for managing an organization’s overall governance, enterprise risk management , and regulation compliance efforts. Furthermore, the State of Risk & Compliance Report, from GRC software maker NAVEX, found that 20% described their programs as early stage. What is GRC?

Risk 115

Risk Risk Management Strategy Enterprise 115

CIO Business Intelligence

JANUARY 15, 2024

There are good reasons for that, says Valerie Di Maria, founder and principal of the10company, a strategic consulting firm that specializes in executive coaching. She points to one CIO whose personal brand was being future-focused as an example of a good approach to this strategy. It’s not just talk or a label.

IT 131

IT Consulting Strategy Sales 131