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

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

MARCH 13, 2024

Management consulting firm AArete has been using other gen AI to do just that for about a year. “We Still, he urges companies to look beyond measurements of coding speed. Below-average consultants benefitted the most, with their performance increasing by 43%. Meanwhile, above-average consultants saw only a 17% benefit.

IT 128

IT Consulting Testing Cost-Benefit 128

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. 1) Too expensive and hard to justify the ROI of BI. They also need these tools to generate a true ROI. And the success stories are seemingly endless.

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards Slice and Dice 183

IBM Big Data Hub

APRIL 25, 2023

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. However, 57% of CEOs admit that defining and measuring the Return on Investment (ROI) and economic benefits of their sustainability efforts remain a significant challenge.

Risk Management 87

Risk Management Risk Management Metrics 87

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. Giving the most ROI? Driving revenue?

IT 317

IT Statistics KPI Data-driven 317

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. They have heard that big data can be useful, so they invest in it without much consideration for their ROI.

Optimization 104

Optimization IT Big Data Cost-Benefit 104

IBM Big Data Hub

OCTOBER 18, 2022

Nearly all CEOs say they’re at least taking their first steps in piloting their sustainability strategy. 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. A rising tide lifts all boats.

Uncertainty 52

Uncertainty Strategy Measurement Digital Transformation 52

Occam's Razor

SEPTEMBER 29, 2009

One of the ultimate excuses for not measuring impact of Marketing campaigns is: "Oh, that's just a branding campaign." It is criminal not to measure your direct response campaigns online. I also believe that a massively under appreciated opportunity exists to truly measure impact of branding campaigns online.

Measurement 128

Measurement Metrics Analytics Marketing 128

Smart Data Collective

JULY 13, 2023

However, you may not realize that it can also help your company choose the best SEO consultant. By considering factors like industry experience, track record, client satisfaction, and the effectiveness of their strategies, AI can generate a list of recommended agencies that align with the specific requirements of a business.

Predictive Analytics 76

Predictive Analytics Marketing ROI Strategy 76

Anmut

APRIL 6, 2023

What does a Data Maturity Assessment Measure? The definition of a data maturity assessment is a measurement of the reliability, effectiveness, and efficiency of an organisation’s data management. What does a Data Maturity Assessment Measure? Need robust evidence to inform your data strategy?

Cost-Benefit 52

Cost-Benefit Data Quality Data Governance Measurement 52

IBM Big Data Hub

APRIL 23, 2024

Personas are the drivers of successful implementation of a change management strategy. Through a stakeholder alignment session, teams can co-create with key leaders, change management professionals, and personas to best determine a change management strategy that will support the business and employees.

Management 66

Management Technology Digital Transformation ROI 66

BA Learnings

AUGUST 7, 2021

Boston Consulting Group conducted a digital transformation study in 2020 to find out why such projects are missing the mark. If your digital transformation team is inexperienced, your business will have to deal with impossible goals and bad strategies stemming from a poor planning process. Let’s consider customer service as an example.

Digital Transformation 130

Digital Transformation Key Performance Indicator Cost-Benefit KPI 130

CIO Business Intelligence

APRIL 13, 2023

A new definition of value Aligning security with the business goes beyond traditional methods of justifying security spend, such as warning of consequences from hacks or trying to prove ROI. We also look at generic cloud security solutions that provide multiple sets of protections, versus addressing one particular use case,” he says.

IT 111

IT Cost-Benefit Risk Consulting 111

Alation

JANUARY 10, 2023

Starting a data strategy journey. Generally, an organization’s data activities are defined by their data strategy, namely, whether they pursue a more offensive or defensive focus. So, the true value of a data catalog is difficult to quantify because there are many use cases that can’t be measured.

ROI 52

ROI Data Lake Strategy Data-driven 52

CIO Business Intelligence

MAY 16, 2022

ITIL 4 contains seven guiding principles that were adopted from the most recent ITIL Practitioner Exam, which covers organizational change management, communication, and measurement and metrics. Consider what type of consulting, training, and certifications you might want to take advantage of to prepare for the transition as well. .

IT 105

IT Cost-Benefit ROI Risk 105

CDW Research Hub

NOVEMBER 11, 2020

Sirius has developed the Security Performance Optimization solution to help you respond to shifting investment priorities, discover untapped value in your security investments, and prove the effectiveness of your security strategy with measured validation. Goldilocks and the “just right” security stack. Provides evidence of competency.

Optimization 52

Optimization Cost-Benefit Snapshot Testing 52

IBM Big Data Hub

JUNE 23, 2023

IBM Consulting: Model for generative AI tech stack As you consider implementing generative AI in your F&A function across your core processes, it’s crucial to understand that this technology is not a silver bullet. Here are some important considerations our F&A experts provided: Start with a sound AI strategy.

Finance 65

Finance Reporting Cost-Benefit Modeling 65

Occam's Razor

AUGUST 22, 2011

Key To Your Digital Success: Web Analytics Measurement Model. " Measuring Incrementality: Controlled Experiments to the Rescue! Barriers To An Effective Web Measurement Strategy [+ Solutions!]. Measuring Online Engagement: What Role Does Web Analytics Play? "Engagement" How Do I Measure Success?

KPI 124

KPI Metrics Measurement ROI 124

CIO Business Intelligence

SEPTEMBER 6, 2023

The value of addressing cybersecurity issues through ongoing discussions is getting corporate alignment on effective and robust strategies, says Roger Albrecht, co-lead of the cybersecurity unit at technology research and advisory firm ISG. Are our systems adequately modernized for security? What would be the next steps?

IT 142

IT ROI Risk Strategy 142

Occam's Razor

APRIL 25, 2011

and meet many many many executives and hear about their digital marketing strategies, challenges and outcomes. Your SEO strategy is buying links, expired domains, et. Hire smart consultants. Doing anything on the web without a Web Analytics Measurement Model. then shut it. Trust me it is a lot less embarrassing that way.

Marketing 126

Marketing Measurement Metrics Testing 126

CIO Business Intelligence

SEPTEMBER 25, 2023

To that end, CIO.com asked a half-dozen longtime IT leaders — current and former CIOs as well as consultants and executive advisers — to share the questions they think CIOs should ask themselves to determine whether they’re sailing to success or about to dash onto the rocks. Am I using data to drive my transformation strategy?

Digital Transformation 145

Digital Transformation Measurement Data-driven Metrics 145

IBM Big Data Hub

MARCH 26, 2024

While ESG seeks to provide standard methods and approaches to measuring across environmental, social and governance KPIs, and holds organizations accountable for that performance, sustainability is far broader. How aligned is the sustainability strategy to the business strategy?

Measurement 68

Measurement Metrics Strategy Reporting 68

CIO Business Intelligence

MAY 9, 2022

While strong ROI is compelling, so is the fact that people issues are one of the top enterprise risks. Analyzing metrics and KPIs along the transformation journey helps guide decision-making towards the stated strategy. Create opportunities to talk about the digital transformation, frequently. What should companies do now?

Technology 97

Technology ROI Metrics Digital Transformation 97

CIO Business Intelligence

APRIL 18, 2022

While it’s critical for tech leaders to communicate throughout a digital project, it’s also important to communicate appropriately, says Rich Nanda, US strategy and analytics offerings leader, at Deloitte Consulting. Rich Nanda, US strategy and analytics offerings leader, Deloitte Consulting. Deloitte Consulting. “In

Digital Transformation 145

Digital Transformation Dashboards Cost-Benefit Consulting 145

Occam's Razor

DECEMBER 20, 2010

It helps us get data-gasms, improve ROI for our web efforts and get our bosses promoted. For good measure there is also a tutorial on regular expressions at the end (no good analyst can live without regex!). The challenge in measuring social media impact on your business is two-fold. Now you know how to measure it!

Analytics 118

Analytics Reporting Measurement Data-driven 118

IBM Big Data Hub

SEPTEMBER 11, 2023

How to quantify the impact : Quantify, articulate and measure the expected long-term benefit of a capability to justify the investment. This strategy is not based on a “gut feel” or anecdotal knowledge of a few individuals, but on a well-documented, expansive set of findings, business analysis and calculated projections.

Data-driven 91

Data-driven IT Measurement Cost-Benefit 91

IBM Big Data Hub

NOVEMBER 10, 2023

When combined with artificial intelligence (AI), an interoperable healthcare data platform has the potential to bring about one of the most transformational changes in history to US healthcare, moving from a system in which events are currently understood and measured in days, weeks, or months into a real-time inter-connected ecosystem.

Cost-Benefit 105

Cost-Benefit Insurance Consulting Unstructured Data 105

Jet Global

JANUARY 12, 2021

We recommend that business leaders begin with a clear, actionable strategy for business intelligence (BI). In fact, when you consider the tangible business benefits that powerful reporting can provide, an investment in BI tools delivers a very strong ROI. Unfortunately, BI is still a confusing and fragmented concept to many people.

Strategy 69

Strategy IT Cost-Benefit Finance 69

Occam's Razor

MARCH 10, 2015

Universal Analytics: T3: Measurement Protocol! Measurement Protocol – all your data are belong to us! Think about the deep understanding you can get of your customers, and the profound implications on marketing ROI and where you spend your budgets, content creation, multi-channel touch-points, and everything I'm forgetting.

Strategy 151

Strategy Analytics Measurement Business Analysis 151

datapine

JANUARY 18, 2023

That said, there are various types of reports that can be used for different purposes, rather you want to track the progress of your strategies or stay compliant with financial laws, there is a different report for each task. With this information in hand, businesses can build strategies based on analytical evidence and not simple intuition.

Reporting 201

Reporting Metrics Dashboards Visualization 201

IBM Big Data Hub

NOVEMBER 22, 2023

This tailor-made approach lets the business measure whichever KPIs they find most important and track performance of different business components. In addition, having accurate forecasting models is a competitive advantage, as they allow for improved data-driven strategy and decision-making.

Cost-Benefit 68

Cost-Benefit Consulting Software Enterprise 68

Smart Data Collective

MAY 15, 2021

There are a lot of ways that data-driven strategies can help marketers with onsite optimization and link-building. AI Changes the Balance on Short-Term SEO Strategies Versus Long Term SEO Strategies. Search engines consider these strategies as factors for ranking your business website in the organic search results.

Advertising 88

Advertising Optimization Marketing Strategy 88

Occam's Razor

FEBRUARY 25, 2013

But we've never stopped to consider this question: What is the return on investment (ROI) of digital analytics? Let's calculate the ROI of digital analytics. Businesses, by and large, don’t understand the ROI of analytics… the Return on Analytics , if you will. get measured by their Return on Ad Spend.

Analytics 142

Analytics ROI Marketing Modeling 142

Occam's Razor

FEBRUARY 26, 2008

Here are 6 strategies you can use to bring the voice of the customer and perspective from competitors to the table, and win big (!!). # Often with benchmarks we get into silly arguments like how do they measure this and that etc. In three months the site's performance by every measure improved dramatically.

Management 68

Management Experimentation Testing Strategy 68

CIO Business Intelligence

JUNE 29, 2022

Bold claims about RPA from vendors and implementation consultants haven’t helped. The RPA center of excellence develops business cases, calculating potential cost optimization and ROI, and measures progress against those goals. Quick wins are possible with RPA, but propelling RPA to run at scale is a different animal.

Cost-Benefit 145

Cost-Benefit Software Enterprise Machine Learning 145

datapine

MAY 11, 2022

Concerning professional growth, development, and evolution, using data-driven insights to formulate actionable strategies and implement valuable initiatives is essential. Moreover, a business intelligence strategy with visualization capabilities boasts a ROI of $13.01 Did you know? back on every dollar spent.

Visualization 252

Visualization Dashboards Key Performance Indicator Sales 252