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What is the difference between Shared Services today and Shared Services in 2007?

Corinium

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.

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Writing Business Cases: 6 Things You Should Know About Identifying Project Benefits

BA Learnings

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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Choice Hotels’ all-in cloud journey to sustainable business value

CIO

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.

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How Future-Minded Leaders Harness Cloud Technologies to Create a Sustainable Future

CIO

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.

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Serverless Computing—The Promise, The Current State…and The Way Forward

CIO

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.

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IT Modernization With a Sustainability Edge

CIO

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.

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What CEOs really need from today’s CIOs

CIO

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.

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Identifying and Controlling Unconscious Bias Towards Suppliers

CIO

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.

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Vendor management: The key to productive partnerships

CIO

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.

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What is Flutter: check out the advantages of Google’s framework

DataFloq

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.

Testing 148
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How to transition from brownfield SCADA to greenfield IoT

3AG Systems

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.

IoT 52
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Cofoge’s SD-WAN rollout provides unique customer selling point

CIO

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.

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Return on Commute: A New Metric to Evaluate Benefits and Cost of Remote Work

DataFloq

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.

Metrics 207
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Top Data Analytics Technology Trends 2022

DataFloq

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.

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Product-based IT: A blueprint for success

CIO

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

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IT Modernization With a Sustainability Edge

CIO

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.

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Data Strategy Creation – A Roadmap

Peter James Thomas

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.

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How monday.com Integrations are Beneficial for Project Teams

DataFloq

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.

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How AI Proof of Concept Helps You Succeed in Your AI Endeavor

DataFloq

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.

Testing 225
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The CIO’s Hybrid Cloud Journey Incorporates Extensive Systems Thinking

CIO

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.

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Top Down, Bottom Up or a Bit of Both? Process and Deployment Considerations for AIOps

CIO

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.

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What Is System Design? – A Quick Explanation

DataFloq

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?”

Metadata 130
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AI Helps Mitigate These 5 Major Supplier Risks

Smart Data Collective

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.

Risk 102
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Using Cloudera Machine Learning to Build a Predictive Maintenance Model for Jet Engines

Cloudera

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.

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Emerging Trends: 4 IRM Market Insights to Aid COVID-19 Business Recovery

John Wheeler

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.

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Automating Data Pipelines in CDP with CDE Managed Airflow Service

Cloudera

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.

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Power BI Migration: How to Avoid Migration Bloopers and Ensure Success

Octopai

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.

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6 ‘P’s For A Data Quality Framework

DataFloq

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.

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How can CIOs Build Business Value with Business Analytics?

Smart Data Collective

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.

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2023 Predictions: Data Trends That Will Dominate Business Agenda in APAC

Cloudera

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.

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How To Overcome Hybrid Cloud Migration Roadblocks

Cloudera

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. .

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Data-Centric Firms Address Athena Shortcomings with Smart Indexing

Smart Data Collective

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.

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Digital Risk “Techquilibrium” Requires IRM

John Wheeler

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.

Risk 48
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Top drivers and benefits of cloud BI differ significantly by company size

BI-Survey

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.

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The Edison Ratio: What business and IT leaders get wrong about innovation

CIO Business Intelligence

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.

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Transforming Accounting With a Modern Financial Management System

CIO Business Intelligence

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

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The Definitive Guide to Data Warehouse vs. Data Lake vs. Data Lakehouse

DataFloq

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.

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Q&A: Leading IT in a high-volume M&A environment

CIO Business Intelligence

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.

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7 Ways Small Businesses Use Data Analytics for Expense Tracking

Smart Data Collective

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.

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Data-driven financial planning is still falling short of its potential

CIO Business Intelligence

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.

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IT leader’s survival guide: 11 ways to thrive in the years ahead

CIO Business Intelligence

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.

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Three’s Company Too: Metadata, Data and Text Analysis

Ontotext

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.

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Modernize Your ETL Processes, Discover Better Insights

Sisense

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.