CIO Business Intelligence

AUGUST 30, 2023

Corporate projects are classically evaluated on standard matrices such as return on investment (ROI), break-even period, and capital invested. To capitalize on the gains offered by digital technologies, CIOs are building technology portfolios by allocating diverse investments based on prospective risk, reward, and value.

Digital Transformation 103

Digital Transformation Experimentation ROI Risk 103

CIO Business Intelligence

DECEMBER 29, 2023

Among the various strategies at our disposal, automation stands out as a pivotal solution,” she says. “In 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.

Cost-Benefit 138

Cost-Benefit Digital Transformation Consulting Strategy 138

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 121

ROI Cost-Benefit KPI Uncertainty 121

CIO Business Intelligence

JUNE 8, 2023

I’ll start with the surprising: 43% of executives say they already have a metaverse strategy in place. These timelines do not necessarily align with what I see, as most industries are likely not capable of executing a metaverse strategy in the short term. Only 4% say it’ll take six to 10 years. That’s the direct customer experience.

Marketing 110

Marketing Recreation/Entertainment Interactive Risk 110

CIO Business Intelligence

AUGUST 2, 2023

To fully capitalize on the cloud’s scalability and flexibility, most enterprises go beyond a simple lift-and-shift approach, instead injecting them with cloud-native capabilities — a strategy that sounds simple but can quickly prove complex. Select the strategy that best aligns with your goals, timeline, and resources,” Csonka advises.

Consulting 96

Consulting Testing Software Cost-Benefit 96

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 At Gallagher, a global insurance brokerage, risk management, and consulting services firm, executive search practice managing director Tom Wilson says his team uses gen AI for research and written communications.

IT 128

IT Consulting Testing Cost-Benefit 128

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

JUNE 23, 2023

Whether you’re a CFO, an accountant, a financial analyst or a business partner, artificial intelligence (AI) can help improve your finance strategy, uplift productivity and accelerate business outcomes. Our experts at IBM Consulting are taking a comprehensive look at generative AI for F&A and considering the need to balance risks.

Finance 60

Finance Consulting Data-driven Risk 60

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 79

Finance Consulting Enterprise Data-driven 79

CIO Business Intelligence

APRIL 13, 2023

Gartner projects that spending on information security and risk management products and services will grow 11.3% To better focus security spend, some chief information security officers (CISOs) are shifting their risk assessments from IT systems to the data, applications, and processes that keep the business going. billion this year.

IT 112

IT Cost-Benefit Risk Consulting 112

CIO Business Intelligence

OCTOBER 31, 2023

Supply insightful, actionable data IT should supply sales team members with the timely, accurate data they need to become top performers, recommends Michael Tantrum, national sales director at IT consulting firm Resultant. Team members must accurately answer customer questions as soon as possible or risk losing sales.

Sales 117

Sales IT Enterprise Technology 117

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 86

Consulting Cost-Benefit Technology ROI 86

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 100

Digital Transformation ROI Risk Optimization 100

CIO Business Intelligence

AUGUST 9, 2023

Once a vanguard business strategy, digital transformation has become a perennial objective for business survival. Most CEOs (72%) continue to prioritize digital investments, according to the 2022 CEO Outlook report from KPMG, in part due to concerns about emerging and disruptive technology, a top three risk to organizational growth.

Digital Transformation 137

Digital Transformation Strategy Data-driven Consulting 137

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. From front office to back office, the CIO needs to operationalize strategy and be a change agent , driving new skills and talent into the business.

Cost-Benefit 119

Cost-Benefit Digital Transformation Strategy Consulting 119

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 94

Cost-Benefit Sales Visualization ROI 94

erwin

AUGUST 13, 2020

Here are some of the issues and questions being raised: Growth : How do we define growth strategies (e.g., managing risk vs ROI and emerging countries)? Customer Engagement : How can we better engage with customers including brand, loyalty, customer acquisition and product strategy? big data, analytics and insights)?

Enterprise 143

Enterprise Cost-Benefit Uncertainty ROI 143

CIO Business Intelligence

MAY 16, 2022

ITIL’s systematic approach to IT service management (ITSM) can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. This path focuses on how technology directs business strategy and how IT plays into that.

IT 105

IT Cost-Benefit ROI Risk 105

CIO Business Intelligence

MARCH 21, 2022

Unlike last year when business strategy took precedence for 67% of respondents, only 60% of 2022 State of the CIO respondents spent time on activities such as driving business innovation, developing strategy, or identifying opportunities for competitive differentiation. For example, the C-suite’s No.

IT 131

IT Digital Transformation Consulting Technology 131

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. The study looked at the possible ROI businesses may get from using Alation. Shortening data discovery by at least 50% resulted in time savings of $2.7

ROI 52

ROI Data Lake Strategy Data-driven 52

IBM Big Data Hub

OCTOBER 18, 2022

It’s more vexing than regulation, cyber risk, and even supply chain disruptions. Nearly all CEOs say they’re at least taking their first steps in piloting their sustainability strategy. Most admit uncertainty around ROI and nearly half struggle with adequate insights from their data. But many businesses have a long way to go.

Uncertainty 52

Uncertainty Strategy Measurement Digital Transformation 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. This stage is typical for organisations that are just starting to develop their data strategy. Investing in what the business needs is important.

Measurement 52

Measurement Modeling Data Quality Data Governance 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. The appeal of this hybrid cloud strategy is that you can have all the resources you need to assure application performance. To address this waste, consider implementing FinOps (Finance + DevOps).

Digital Transformation 55

Digital Transformation Cost-Benefit ROI Data-driven 55

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

Sisense

MARCH 23, 2020

As Charles Holive , Managing Director of Strategy Consulting at Sisense observes, “It is far more beneficial to a company to find ways to accelerate what we call return on existing investment — the ability to create revenue from existing assets like data, market penetration, domain expertise, technology decisions, people, and operational excellence.

Analytics 64

Analytics Data-driven Consulting Marketing 64

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

Anmut

APRIL 6, 2023

Better decision-making and improving data ROI By understanding their data landscape , organisations can identify and fix their least mature data, as decision-makers become more informed about which data should be fixed first, and how. Need robust evidence to inform your data strategy? What does a Data Maturity Assessment Measure?

Cost-Benefit 52

Cost-Benefit Data Quality Data Governance Measurement 52

Smart Data Collective

NOVEMBER 29, 2021

Many business owners have discovered the wonders of using big data for a variety of common purposes, such as identifying ways to cut costs, improve their SEO strategies with data-driven methodologies and even optimize their human resources models. You can look at successful events and the ROI they brought in for the companies hosting them.

Data Analytics 112

Data Analytics Analytics Big Data B2B 112

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. Your Sirius Security team works with you to develop an attack-type test strategy.

Optimization 52

Optimization Cost-Benefit Snapshot Testing 52

IBM Big Data Hub

JUNE 23, 2023

Well-trained models can ensure that you adhere to predefined rules, standards and guidelines, reducing the risk of errors and eliminating inconsistencies in these narratives. Here are some important considerations our F&A experts provided: Start with a sound AI strategy. Design a well-defined F&A roadmap.

Finance 63

Finance Reporting Cost-Benefit Modeling 63

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

Jedox

APRIL 23, 2020

Implementation of existing SPM software takes too much time and resources, jeopardizing the short-term ROI and posing long-term risks as business strategy changes over time. However, updates to these rules must be made by skilled and highly trained consultants. Key Challenges with Current SPM Solutions. Fixed Data Model.

Sales 52

Sales Management B2B Dashboards 52

IBM Big Data Hub

MAY 1, 2023

However, regardless of your cloud cost optimization strategy, achieving operational excellence at scale and taking advantage of the elasticity of the cloud requires software that optimizes your consumption simultaneously for performance and cost—and makes it easy for you to automate it, safely and confidently.

Optimization 86

Optimization ROI Consulting Dashboards 86

bridgei2i

MARCH 12, 2020

My name is Aruna Babu, and I’m a transformation consultant who spent a good part of the last decade crafting strategies that marry business, technology, and user needs. But there does seem to be quite a bit of skepticism about the ROI from AI investments. There’s also a risk of AI not being actionable.

Enterprise 52

Enterprise Digital Transformation ROI Data-driven 52

Anmut

APRIL 6, 2021

While businesses are happy to make investments in their underlying technology to become more data-driven, they could fail to realise an ROI because their data assets are poorly managed. Which then gives you a digital strategy framework, so you can focus transformation efforts. We’re a consultancy that turns your data into an asset.

Digital Transformation 52

Digital Transformation Enterprise Data Quality Data-driven 52

Jet Global

JUNE 16, 2020

In addition to providing outsourced CFO and specialized consulting services, Tyee reaches an audience of accounting insiders through his widely-consumed articles, podcasts, and YouTube videos. With the economic turbulence, there’s a risk of seeing a lot of unpaid invoices. Tracking receivables is really important.

Finance 52

Finance Cost-Benefit Metrics Data-driven 52

Anmut

APRIL 6, 2021

While businesses are happy to make investments in their underlying technology to become more data-driven, they could fail to realise an ROI because their data assets are poorly managed. Which then gives you a digital strategy framework, so you can focus transformation efforts. The result? Your data isn’t fit for purpose.

Digital Transformation 52

Digital Transformation Data Quality Data-driven ROI 52