Cost-Benefit Related Topics 
Corinium
AUGUST 12, 2019
There was all this talk about significant cost benefits, enhanced service quality and manageable challenges. One thing was certain, the bigger the firm the bigger the cost cutting. In 2007 I was asked to produce an event around shared services. I was awe struck at how many developments there were in the industry at that time. This was an exciting time.
BA Learnings
MARCH 26, 2020
While some companies identify business benefits with the sole intention of getting business cases approved, more mature companies tend to devote their resources to tracking and measuring these business benefits after the projects have been concluded.
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CIO
JANUARY 16, 2023
Choice Hotels International’s early and big bet on the cloud has allowed it to glean the many benefits of its digital transformation and devote more energies to a key corporate value — sustainability, its CIO maintains. It also helped reduce energy consumption and costs.
CIO
NOVEMBER 7, 2022
Generate renewable energy with predictive maintenance As one of the most eco-friendly energy sources, solar panels are the cleanest and most abundant renewable energy source that helps companies save time and cost to reach net-zero emission goals.
CIO
SEPTEMBER 7, 2022
Using a serverless stack is not always a cost-saving option. Certain workloads require substantial computing resources, which makes the serverless model less cost-effective.
CIO
OCTOBER 12, 2022
As companies fast-track IT modernization to accelerate digital transformation and gain business advantage, there is an opportunity to rearchitect a greener IT environment and application portfolio that will drive cost efficiencies and contribute to broader corporate sustainability goals.
CIO
AUGUST 3, 2022
I often hear CIOs say that they do not believe the cost benefits of a cloud-based infrastructure are worthwhile, but they are missing the point. The cloud is about more than managing costs. Every CIO position description contains some semblance of the same 12 role requirements.
CIO
NOVEMBER 4, 2022
This “unconscious bias” toward certain suppliers can cause organizations to overlook more innovative or cost-effective alternatives, that may provide more favorable terms, and improve margins and efficiencies, among other benefits.
CIO
JULY 15, 2022
Benefits of vendor management. Building that relationship and foundation is one of the main goals and benefits of vendor management. These tools can help IT leaders and vendor managers keep notes on different products, costs, services, and contract details.
DataFloq
SEPTEMBER 1, 2022
By combining the quality of native applications with the flexibility of cross-platform application development, the framework brings many advantages and benefits to application building.
3AG Systems
DECEMBER 14, 2020
Is it worth the cost and effort to upgrade an existing (brownfield) operation? The high cost of maintaining legacy systems When doing a cost benefit analysis for a new system, you are going to be faced with the cost of the new system vs. the alternative of doing nothing, i.e., the status quo.
CIO
SEPTEMBER 5, 2022
There were issues such as high network maintenance costs, poor collaboration experience, only moderate data security, and excessive time for customer onboarding. Sushant Rabra, a partner at KPMG, says the benefits Coforge saw are in accordance with the potential of SD-WAN.
DataFloq
APRIL 19, 2022
Employee commutes have real costs to both the employee and the company. To decide if it makes sense for an employee to come to the office on any given day, you must look at the costs and benefits of that commute. Let’s first explore the costs.
DataFloq
MARCH 30, 2022
The rise of SaaS platforms such as Azure , Snowflake has enabled companies, large and small, to deploy advanced and streaming analytics workflows quickly and cost-effectively. These benefits will continue to propel the increasing adoption of X-analytics use cases at enterprises.
CIO
NOVEMBER 7, 2022
This was not in the budget for the year nor was it on our roadmap, yet we were able to initiate cost-benefit analysis, do demos, and get it deployed as a two-month project,” he says. “In
CIO
OCTOBER 13, 2022
As companies fast-track IT modernization to accelerate digital transformation and gain business advantage, there is an opportunity to rearchitect a greener IT environment and application portfolio that will drive cost efficiencies and contribute to broader corporate sustainability goals.
Peter James Thomas
MARCH 17, 2020
These need to be woven together to form the fabric of a Data Strategy and to deliver several other more detailed supporting documents, such as Data Roadmaps, or Cost / Benefit Analyses. The latter has to be imbued with real commercial benefits being delivered.
DataFloq
OCTOBER 10, 2022
Moreover, Cloud-based PM software is cost-effective when compared to buying a license for traditional PM software. This way organizations can perfectly connect various systems, consolidate sales functions, modernize processes, and experience major cost benefits.
DataFloq
JANUARY 16, 2023
The purpose of creating an AI PoC is to validate the concept, assess the proposed solution's potential benefits, and identify any potential challenges or limitations. Which benefits can you gain from AI proof of concept? Ready-made solutions are costly to customize. Costs.
CIO
AUGUST 11, 2022
Savvy IT leaders have come to realize the benefits of both the public cloud and private cloud, culminating in hybrid cloud implementations. It all comes back to costs at some level, but an important part of that is questioning the assumptions of the existing architectures.
CIO
DECEMBER 7, 2022
million in labor costs (contract or permanent) over a three-year period. Balancing short-term and long-term needs and cost-benefits analysis/ROI. Each method has its own benefits and challenges and is best suited to specific scenarios. AIOps delivers proven benefits.
DataFloq
DECEMBER 7, 2022
Upgrading system limitations, costs, benefits, and conversion dates. The system design phase efficiently bridges the gap between the problem area and the existing system. This stage focuses on the implementation of the solution, or “how to?”
Smart Data Collective
JUNE 19, 2022
The benefits of AI stem from the need to manage close relationships with business stakeholders, which is a difficult task. They can save money through automation, identify more cost-effective ways to transport goods and improve value in other ways with artificial intelligence.
Cloudera
OCTOBER 14, 2020
To maximize safety for all passengers and crew members, while also delivering profits, airlines have heavily invested in predictive analytics to gain insight on the most cost-effective way to maintain real-time engine performance. Step 3: Apply an added cost value to the results.
John Wheeler
NOVEMBER 25, 2020
It will remain as a new way of conducting business in a cost-optimized, more efficient environment. Targeted risk mitigation as part of digital optimization efforts requires a cost/benefit analysis to determine how much risk the organization is willing to tolerate.
Cloudera
AUGUST 17, 2021
The pipelines are scheduled and orchestrated by a managed Airflow service without the typical administrative cost of setting up and deploying an external scheduling service. It’s included at no extra cost, customers only have to pay for the associated compute infrastructure.
Octopai
JANUARY 11, 2023
For any of these questions, make sure you perform a cost-benefit analysis to see what the short-term and long-term benefits would be for a full migration vs. some kind of data connection or integration.
DataFloq
MAY 2, 2022
Ask your department heads, what are our untapped opportunities or where are our hidden costs for correcting data. The challenge is how you balance that, cost benefit risk triangle. I recently reposted an article on The Cost of No (or Poor) Data Documentation here.
Smart Data Collective
JUNE 16, 2022
Until now, they were proactively involved to maximize IT efficiencies and accelerate cost savings in general. Analytics is becoming more important than ever in the world of business. Over 70% of global businesses use some form of analytics.
Cloudera
JANUARY 5, 2023
In the past year, businesses who doubled down on digital transformation during the pandemic saw their efforts coming to fruition in the form of cost savings and more streamlined data management.
Cloudera
DECEMBER 16, 2021
Understanding how hybrid cloud fits in, compliments, and enhances a business’ overall data strategy — and inevitably it’s revenue goals — will work wonders on senior management always looking to better understand the short and long term cost benefit analysis of any strategic decisions. .
Smart Data Collective
FEBRUARY 23, 2022
There are a lot of benefits of data scalability. Traditional relational databases provide certain benefits, but they are not suitable to handle big and various data. Although Athena has great features and provides cost benefits, as you use it, you will find some limitations of Athena.
John Wheeler
OCTOBER 21, 2019
Rather than simply looking at a cost/benefit analysis to determine the potential for loss minimization, CROs need to understand the technological risks behind a digital product or service in quantitative terms. Over the past month, I’ve been speaking to various groups to help them prepare for the onslaught of digital risks in their organizations.
BI-Survey
DECEMBER 5, 2018
Small companies are attracted to the cloud because of flexibility, cost, reduced infrastructure maintenance and scalability. For large companies, scalability is the top driver, followed by speed of implementation, cost and agility. Mid-size firms are driven by cost, flexibility, performance and security. Benefits also vary significantly between companies of different sizes. Benefits achieved from cloud-based BI, by company size (number of employees), n=166.
CIO Business Intelligence
JUNE 16, 2022
Someone has to add enough detail to support at least order-of-magnitude estimates of direct costs, benefits, and, especially, ripple effects so the potential organizational impact is clear.
CIO Business Intelligence
MAY 31, 2022
Modernizing financial operations is the key that unlocks productivity and cost benefits throughout the organization, says Ben Rothke ( @benrothke ), senior information security manager at Tapad. Modernizing means lower cost of operations overall,” says Gold. “It
DataFloq
MARCH 10, 2022
As the cost of storage has declined, data warehouses have become cheaper. Some believe data lakes (traditionally a more cost-efficient alternative) are now dead. Struggling to harness data sprawl, CIOs across industries are facing tough challenges.
CIO Business Intelligence
JUNE 22, 2022
AssuredPartners is a full-service insurance broker providing commercial insurance, risk management, and employee benefits. For example, if you have security issues and you are not on our platforms, the costs from those issues come out of your bottom line.
Smart Data Collective
FEBRUARY 4, 2021
Companies are discovering the countless benefits of using big data as they strive to keep their operations lean. One of the most important benefits of using big data is with expense tracking. You should make an effort to review them and determine ways where you can cut back on costs.
CIO Business Intelligence
MARCH 21, 2022
Way back in 1999, his team did a cost-benefit analysis of the free shipping model, which is arguably one of the key drivers of Amazon’s stupendous growth.
CIO Business Intelligence
JUNE 8, 2022
CIOs are under even more pressure now to deliver practical business benefits,” Schlesinger says. She says they’re responding with competitive work benefits and other ways to retain young staff in particular. . Focus on value as well as cost.
Ontotext
AUGUST 19, 2020
Separating the definitions of the metadata from the data had the benefit of simplifying validation and introducing flexibility. With text analysis producing valuable (and semantic) metadata, companies derive a number of benefits. Metadata has immediate SEO benefits.
Sisense
JULY 8, 2020
This is mostly due to the rise of data warehouses, decrease in cost for data storage, and modern ETL tools that make storing and accessing data more approachable than ever before.
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