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 Respondents said AI was already showing value when it comes to writing and optimizing code, analyzing security, helping them learn new skills, identify bugs, write tests, create documentation, and more.

IT 123

IT Consulting Testing Cost-Benefit 123

CIO Business Intelligence

MARCH 18, 2024

But, new data shows that Shopify has the best total cost of ownership in commerce, with up to 36% better TCO than the competition, according to research commissioned by Shopify from a leading independent consulting firm to study TCO across major platforms in North America. Click here to calculate your TCO. Business Operations, IT Strategy

Enterprise 71

Enterprise ROI Consulting Sales 71

CIO Business Intelligence

DECEMBER 5, 2023

Companies taking a multicloud approach can experience ballooning OpEx numbers, says Barrett Schrader, managing director of the technology consulting group at Protiviti: “Organizations can take advantage of volume discounts with reduced complexity. Ensuring all IT spend is directly tied to business demand acts as an automatic cost optimizer.

IT 135

IT Cost-Benefit Digital Transformation ROI 135

CIO Business Intelligence

DECEMBER 29, 2023

But in 2024, CIOs will shift their focus toward responsible deployment, says Barry Shurkey, CIO at NTT Data, a digital business and IT consulting and services firm. However, one of the questions CIOs have about this disruptive technology is how do they govern generative AI, says Daniel Saroff, group VP for consulting and research at IDC.

Cost-Benefit 135

Cost-Benefit Digital Transformation Consulting Strategy 135

CIO Business Intelligence

AUGUST 2, 2023

Modernize with purpose Before you begin, it’s essential to tie any app modernization project to the business need that is being addressed, says Aparna Sharma, a managing partner for hybrid cloud services at IBM Consulting. This will enable you to define, develop, and execute the optimal migration and modernization path for your business.”

Consulting 94

Consulting Testing Software Cost-Benefit 94

IBM Big Data Hub

JUNE 2, 2023

IBM Consulting’s Accelerated Incremental Mainframe Modernization Legacy applications, while being the current crown jewels of states’ IT ecosystems, hinder business agility and are expensive and complicated, therefore making any rebuild, refactor or integration attempts risky. Why IBM Consulting and AWS?

Consulting 85

Consulting Cost-Benefit Technology ROI 85

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. Of late, concerns about the public “cloud-first” approach have emerged to challenge business value and skewer ROI, TCO and KPIs. Maybe you’ve even surpassed expectations in each of these yardsticks.

ROI 113

ROI Cost-Benefit KPI Uncertainty 113

IBM Big Data Hub

NOVEMBER 6, 2023

Through workload optimization, watsonx.data can reduce the cost of an enterprise’s data warehouse by up to 50%. Paired with IBM’s data consulting services, enterprises can leverage watsonx.data to track usage, generate dashboards and ultimately enable strategic decision making.

Cost-Benefit 108

Cost-Benefit Enterprise ROI Data Warehouse 108

CIO Business Intelligence

AUGUST 4, 2022

“But then they realize it’s not the same as a system that is designed specifically to train AI models at scale, across a cluster that’s optimized to deliver results in minutes instead of weeks.”. With AI development, companies need fast ROI, by ensuring data scientists are working on the right things.

Modeling 81

Modeling Cost-Benefit ROI Data Lake 81

CIO Business Intelligence

JUNE 27, 2022

Too often, technology companies pay consulting or analyst firms to create metrics based on the best characteristics of their offerings,” says Judith Hurwitz, CEO of Hurwitz Strategies, an emerging technology consulting firm. It’s all about obtaining an optimal balance. ROI and Metrics Chasing the wrong numbers.

Metrics 130

Metrics KPI IT Consulting 130

IBM Big Data Hub

APRIL 21, 2023

At IBM Consulting , our finance consulting practitioners have seen first-hand how the CFO can help foster enterprise-wide change. These are the consultants that are often engaging with collaborative CFOs on ways to deliver new value- and work-streams within the finance function, as well as across the enterprise too.

Finance 78

Finance Consulting Enterprise Data-driven 78

CIO Business Intelligence

MAY 11, 2022

To optimize technology for CX, CIOs must connect technology to customer value, thinking in terms of customer experience rather than customer process. What should companies do now to gain the greatest ROI? Learn more about Protiviti’s Technology Consulting Services, visit us here.

Digital Transformation 93

Digital Transformation ROI Risk Optimization 93

CIO Business Intelligence

MAY 9, 2023

Other companies are looking at digital twins as a way to increase efficiency, reduce costs and optimize operations. 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). Are we trying to improve efficiency?

Digital Transformation 97

Digital Transformation ROI Business Objectives Manufacturing 97

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. When the cascade of vision, strategic objectives and metrics align, organizations are well-positioned for optimized ROI. Learn more about our Technology Consulting Services visit us here. What should companies do now?

Technology 79

Technology ROI Metrics Digital Transformation 79

IBM Big Data Hub

OCTOBER 25, 2023

In the experience of our IBM Consulting teams, organizations that are just getting started on their modernization journeys need perspective on the “art of the possible” when it comes to understanding the benefits and value of AI-driven automation. Data availability and governance factors are also considerations when assessing ROI.

Cost-Benefit 88

Cost-Benefit ROI Modeling Testing 88

IBM Big Data Hub

NOVEMBER 30, 2023

A talent acquisition strategy is a comprehensive plan an organization develops to optimize its talent acquisition—the identification, attraction and retention of the right talent. Streamline the application process: Minimize the number of steps required and optimizing the application platform for user-friendliness.

Strategy 66

Strategy Cost-Benefit Consulting Data-driven 66

datapine

MAY 21, 2019

These benefits include cost efficiency, the optimization of inventory levels, the reduction of information waste, enhanced marketing communications, and better internal communication – among a host of other business-boosting improvements. 1) Too expensive and hard to justify the ROI of BI. 2) Lack of company-wide adoption.

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards Slice and Dice 183

Smart Data Collective

FEBRUARY 15, 2022

Small business owners may need to use it even more, because the high ROI can help stretch their limited budgets. It wouldn’t be growing at such a fast pace if so many companies hadn’t realized that big data provides a very high ROI. Data analytics also helps with SEO by identifying offsite optimization opportunities.

Marketing 102

Marketing Data Analytics Analytics Big Data 102

Smarten

JULY 29, 2022

Improving ROI and TCO. By adding embedded BI and augmented analytics to these software environs, the organization can enhance and improve the return on investment (ROI) and reduce the total cost of ownership (TCO). Technology investment is usually a sizeable portion of the enterprise budget.

ROI 52

ROI Software Cost-Benefit Consulting 52

Smarten

DECEMBER 13, 2022

With business users on board, the enterprise can capitalize on its strategy and optimize return on investment (ROI) and total cost of ownership (TCO) for its technology investment. Optimize resources. Optimize parts and inventory. Optimize schedules and training schedules. Manage costs.

Cost-Benefit 52

Cost-Benefit B2B Optimization Predictive Modeling 52

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. Automation is often centered on efforts to optimize spend, achieve greater operational efficiency and incorporate new and innovative technologies, which often translate into a better customer experience.

Digital Transformation 54

Digital Transformation Cost-Benefit ROI Data-driven 54

Smart Data Collective

OCTOBER 15, 2021

Exercise Search Engine Optimization. When building and adding information to a website, you must think about search engine optimization and use keywords and phrases that customers are likely to type into a search engine. You can use data-driven analytics tools like Crazy Egg to help optimize the site. Develop an App.

Big Data 139

Big Data Marketing Advertising Data-driven 139

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 ). Ensure that the app is truly mobile and not just a desktop app that provides access but offers less than optimal navigation and user experience.

Digital Transformation 52

Digital Transformation ROI Statistics Data Processing 52

CIO Business Intelligence

MAY 20, 2022

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. Optimizing with machine learning. But it is keeping its eyes on, and using advanced technology, to optimize its core electricity business.

IT 96

IT Digital Transformation Internet of Things Data Architecture 96

CDW Research Hub

NOVEMBER 11, 2020

Staying ahead of increasing and evolving cybersecurity threats is a continuous effort that requires both a relentless focus on advancing your security posture and an optimized security stack that delivers on the promises made at purchase. Are there ways to optimize the current cost of our security posture? But is that really true?

Optimization 52

Optimization Cost-Benefit Snapshot Testing 52

Smarten

NOVEMBER 9, 2022

Without that key component, the enterprise is likely to spend time, resources and money and fail to achieve the desired outcome for total cost of ownership (TCO), return on investment (ROI) and user adoption. There may be some hiccups or missteps in the technical shift, or it may take some time to roll out all of the components.

Analytics 52

Analytics ROI Cost-Benefit Consulting 52

Smart Data Collective

MAY 17, 2023

AI technology integrated into an ERP system can also be beneficial for UX optimization. Total Cost of Ownership The cost of ownership for ERP systems varies based on the deployment model, as does the return on investment (ROI) that can be expected from them. Predictive diagnostics are also possible with AI, reducing resource waste.

Enterprise 94

Enterprise Cost-Benefit Software Data-driven 94

IBM Big Data Hub

MARCH 29, 2024

It is incumbent upon the company to optimize that customer’s experience to encourage repeat customers and grow a healthy customer base. Steps to create an effective customer retention strategy Effective customer retention strategies begin the moment a first-time customer makes a purchase. per contained customer conversation.

Strategy 63

Strategy Cost-Benefit Key Performance Indicator Marketing 63

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. the ROI of other things’, you say. 'The

Analytics 142

Analytics ROI Marketing Modeling 142

CIO Business Intelligence

MAY 2, 2023

To gain a deeper understanding of how retail organizations can benefit from Generative AI applications, we spoke with James Caton, Practice Leader, Data and Artificial Intelligence, at Microsoft , and Girish Phadke, Technology Head, Microsoft and Cloud Platforms, at Tata Consultancy Services (TCS).

Cost-Benefit 91

Cost-Benefit Sales Visualization ROI 91

AWS Big Data

OCTOBER 26, 2023

Read on to understand why price-performance matters and how Amazon Redshift price-performance is a measure of how much it costs to get a particular level of workload performance, namely performance ROI (return on investment). For low-cardinality data, there is another type of encoding that can be more optimal: BYTEDICT.

Data Warehouse 93

Data Warehouse Cost-Benefit Dashboards Optimization 93

Smart Data Collective

FEBRUARY 21, 2021

A growing number of marketers are using data analytics technology to optimize their lead generation models. However, it is also important to use data analytics to monitor conversion rates and determine the ROI of various lead generation strategies. Data analytics is great for conversion rate optimization by enhancing your lead magnets.

Strategy 99

Strategy Data Analytics Analytics Data-driven 99

CIO Business Intelligence

MARCH 21, 2022

Now, fresh off a pandemic-fueled cycle of accelerated innovation, Holcombe is channeling his vaunted sales skills to drive an upcoming IT agenda centered on foundational areas like optimization, security, and enterprise resiliency. Jamie Holcombe U.S. Source: State of the CIO, 2022. Credit: CIO.

IT 128

IT Digital Transformation Consulting Technology 128

CIO Business Intelligence

JANUARY 12, 2023

So they spent six months going to individual stores getting ideas, wasting thousands of hours before deciding on a different approach of putting together an internal lean team, bringing in consultants, and taking a holistic, role-based approach to automation. “We They would have looked at the ROI and stopped the program.”

Consulting 145

Consulting Technology Software Reporting 145

CDW Research Hub

APRIL 28, 2020

But before you can reap the benefits and ROI of a cloud data platform and an AI-driven analytics solution, you need to get your data there. That is why we provide Matillion , Snowflake and ThoughtSpot consulting and professional services as one of our proven solution bundles for those moving to the cloud.

Data-driven 52

Data-driven Analytics Consulting ROI 52

CDW Research Hub

JULY 12, 2021

It includes the advanced capabilities of performance optimization as well as self-service search and discovery. It offers great ROI. Sirius provides data virtualization consulting, professional and managed services for data platform modernization and data migration, to help you achieve more insight from your data.

Data Governance 52

Data Governance ROI Big Data Data-driven 52

Alation

JANUARY 10, 2023

On the other hand, an offensive strategy uses data automation to save time and accelerate informed decisions that optimize business outcomes; i.e., “How can we drive profits as a result of this?”. The study looked at the possible ROI businesses may get from using Alation.

ROI 52

ROI Data Lake Strategy Data-driven 52