IBM Big Data Hub

MARCH 14, 2024

However, while embracing hybrid cloud might be intrinsic, clients continually seek to derive business value and higher return on investment (ROI) from their investments. The lack of ROI progress can be attributed to several factors, including slow adoption, unrealized use cases and unaddressed cloud sprawl.

ROI 74

ROI Business Objectives Cost-Benefit Enterprise 74

Alation

FEBRUARY 13, 2020

To answer that question, Alation worked with Forrester Consulting and seven of our production customers to conduct a Total Economic Impact (TEI) study. The research examined the potential ROI enterprises realize by deploying Alation. The post Forrester Does the Math on the ROI of the Alation Data Catalog appeared first on Alation.

ROI 52

ROI Cost-Benefit Unstructured Data Data Lake 52

CIO Business Intelligence

APRIL 18, 2024

AI technology is moving so fast, and the ROI is still murky, making it difficult to commit to one AI assistant, he says. Mike Mason, chief AI officer at IT consulting firm Thoughtworks, has arrived at a similar wait-and-see spot as Gunkel has, even though Mason is a self-described “AI optimist.”

Cost-Benefit 138

Cost-Benefit ROI Sales Enterprise 138

IBM Big Data Hub

AUGUST 8, 2023

We provide current and new clients the unique opportunity to take advantage of the combined value from our technology, cloud, and consulting services alongside our ecosystem of partners to meet ever-evolving business needs. times higher ROI versus public cloud alone. Because we know a hybrid cloud approach brings an average of 2.5

Enterprise 81

Enterprise Consulting ROI Cost-Benefit 81

IBM Big Data Hub

JANUARY 16, 2024

Make lasting connections and exchange new ideas with IBM leaders, technical and consulting experts, partners and industry peers to help your business make AI the heart of your enterprise strategy to improve efficiencies, reduce costs, tackle cybersecurity threats and more.

Experimentation 105

Experimentation ROI Consulting Enterprise 105

CIO Business Intelligence

FEBRUARY 13, 2024

To name a few — products and services that are delivered on time and on budget, and overall IT ROI.” Avila observes that many IT leaders will default to ROI as the most important metric because there’s strong belief that a good ROI is necessary to get the most out of the technology spend.

Metrics 139

Metrics IT ROI Measurement 139

CIO Business Intelligence

APRIL 24, 2024

The announcement comes amid reluctance among some CIOs regarding the ROI of generative AI copilots. The partnership between Cognizant and Microsoft may help ease some of that, as Cognizant’s consulting services can help enterprises find ways to leverage copilots as part of their business processes.

Enterprise 124

Enterprise Digital Transformation Consulting Risk 124

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

CIO Business Intelligence

MARCH 25, 2024

And they want to know exactly how much return on investment (ROI) can be expected when IT leaders make technology-related changes. CFOs have grown comfortable with the traditional project-based approach, through which they believe they get a better handle on spend certainty and a better sense of ROI.

Modeling 123

Modeling Cost-Benefit IT ROI 123

Rocket-Powered Data Science

FEBRUARY 12, 2021

One can automate a very complicated and time-consuming process, even for a one-time bespoke application – the ROI must be worth it, to justify doing this only once. The average ROI from RPA/IA deployments is 250%. Robotic Process Automation is for “more than once” automation.

ROI 233

ROI Digital Transformation Reporting Machine Learning 233

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. Failure is common, and all the projects may not deliver the expected ROI. Besides, it has also helped us shed our overdependence on consultants in many areas,” says Laxshmivarahan.

Digital Transformation 103

Digital Transformation Experimentation ROI Risk 103

CIO Business Intelligence

MARCH 25, 2024

According to a Forrester Consulting study commissioned by Catchpoint, “ investing in IPM tools offers significant ROI ” for any organization that requires a resilient Internet to operate – which, let’s face it, is pretty much everyone out there.

ROI 84

ROI Consulting Metrics Interactive 84

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

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

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 73

Enterprise ROI Consulting Sales 73

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. Picking the right approach requires carefully studying all of the available options before making a final selection.

Consulting 96

Consulting Testing Software Cost-Benefit 96

Smarten

APRIL 19, 2022

If you do not perform an assessment, understand your requirements and choose the right option, you are likely to fail in your initiative and your ROI and TCO will not meet expectations. Don’t ignore the possible use of IT consultants. If you plan correctly, you will enjoy a successful implementation. Plan for the Future.

Analytics 76

Analytics Digital Transformation ROI Consulting 76

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. ROI and Metrics Today, many CIOs feel the same way about metrics.

Metrics 133

Metrics KPI IT Consulting 133

Smarten

MARCH 26, 2024

If you are developing your own solution, you are using in-house resources or engaging IT consultants. When it comes to return on investment (ROI) and total cost of ownership (TCO), one of the best ways to leverage your technology investments is to add embedded business intelligence.

Enterprise 62

Enterprise Cost-Benefit ROI Business Intelligence 62

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

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 137

IT Cost-Benefit Digital Transformation ROI 137

CIO Business Intelligence

AUGUST 4, 2022

With AI development, companies need fast ROI, by ensuring data scientists are working on the right things. A turnkey, integrated data center solution that companies can buy from their favorite value-added reseller that brings together compute, storage, networking, software and consultants to get things up and running quickly.

Modeling 85

Modeling Cost-Benefit ROI Data Lake 85

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 138

Cost-Benefit Digital Transformation Consulting Strategy 138

CIO Business Intelligence

NOVEMBER 20, 2023

IBM, for one, found that the average ROI on enterprise-wide AI initiatives at 5.9% with best-in-class companies “reaping an enviable 13% ROI.” Their enthusiasm is justified, with multiple studies finding that AI is delivering strong value and returns on investment. No wonder that they’re all talking about it.

Technology 133

Technology IT ROI Software 133

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

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%. A lower price tag often comes with a pared down, lower-quality product. Digital Transformation.

ROI 52

ROI Digital Transformation Risk Consulting 52

IBM Big Data Hub

NOVEMBER 11, 2019

Forrester, a leading IT analyst firm, has constructed a Total Economic Impact (TEI) framework with a focus on how IBM Planning Analytics compares to the competition across a variety of metrics—from ROI, to time, to value—and much more.

ROI 66

ROI Consulting Metrics Analytics 66

IBM Big Data Hub

NOVEMBER 6, 2023

Paired with IBM’s data consulting services, enterprises can leverage watsonx.data to track usage, generate dashboards and ultimately enable strategic decision making. Conversational AI solutions can reduce call wait time by 30% and produce up to a 370% three-year ROI.

Cost-Benefit 109

Cost-Benefit Enterprise ROI Data Warehouse 109

IBM Big Data Hub

JUNE 23, 2023

Bet on (and vet) AI-driven workflows We tapped into the minds of our very own F&A experts at IBM Consulting — the ones that know that how you help businesses make data-driven decisions indicates your ability to support future business.

Finance 60

Finance Consulting Data-driven Risk 60

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? Are we trying to unlock a new market?

Digital Transformation 103

Digital Transformation ROI Business Objectives Manufacturing 103

IBM Big Data Hub

APRIL 25, 2023

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. A 2023 IBM IBV study showed that organizations that are seen as ESG leaders are 43% more likely to outperform their peers on profitability.

Risk Management 84

Risk Management Risk Management Metrics 84

datapine

MAY 21, 2019

1) Too expensive and hard to justify the ROI of BI. Also, limited resources make looking for qualified professionals such as data science experts, IT infrastructure professionals and consulting analysts impractical and worrisome. They also need these tools to generate a true ROI. 2) Lack of company-wide adoption.

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards Slice and Dice 183

IBM Big Data Hub

NOVEMBER 20, 2023

Ultimately, prioritizing talent management strategy is an organizational decision that, done right, will deliver ROI on any program costs. Explore talent management with IBM Consulting The post How to build a successful talent management strategy appeared first on IBM Blog.

Strategy 106

Strategy Management Cost-Benefit Consulting 106

CIO Business Intelligence

MAY 11, 2022

What should companies do now to gain the greatest ROI? To optimize ROI from enterprise transformation and elevate the customer experience, companies should: Align budgets and priorities across the organization with a focus on value to the customer and the customer’s full journey. Connect with the authors: Joan Smith. Bryan Comite.

Digital Transformation 100

Digital Transformation ROI Risk Optimization 100

Smart Data Collective

MARCH 23, 2023

Advanced AI algorithms can reduce costs, save time, and improve ROI. Common startup expenses include potential market research,” explains Jane Moore of money site, Loanza, “you also have surveys, initial travel costs, advertising for opening, salaries or wages paid to employees initially, and salaries paid to executives or consultants.”

Cost-Benefit 79

Cost-Benefit Insurance Advertising Consulting 79

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

CIO Business Intelligence

JANUARY 2, 2024

Chris Bowers,CIO of Boston Consulting Group, puts it this way: “In 2024, we’re going to go after generative AI very aggressively. Rob Waddell, EVP and CIO of Eliassen Group, provider of professional services, consulting, and talent solutions, is one of them. We’re piloting, PoC-ing. We have many irons in the fire.

IT 144

IT Cost-Benefit Statistics Consulting 144