CIO Business Intelligence

JANUARY 23, 2024

Regardless of where organizations are in their digital transformation, CIOs must provide their board of directors, executive committees, and employees definitions of successful outcomes and measurable key performance indicators (KPIs). He suggests, “Choose what you measure carefully to achieve the desired results.

Measurement 141

Measurement Digital Transformation KPI Metrics 141

CIO Business Intelligence

APRIL 5, 2023

Employers benefitted too, releasing some of their real estate for savings on facility costs and reducing travel expenses. But let’s face it, there are already enough customer-facing performance metrics in the world. Digital Transformation The customer still comes first. The Intellyx Take Work has changed forever.

Cost-Benefit 116

Cost-Benefit Metrics Measurement Digital Transformation 116

CIO Business Intelligence

SEPTEMBER 25, 2023

Digital transformation has become an essential part of business success. According to TEKsystems’ 2023 State of Digital Transformation , 41% of organizations’ digital transformation (DX) initiatives have failed to achieve their desired outcomes. That’s not digital transformation.

Digital Transformation 145

Digital Transformation Measurement Data-driven Metrics 145

FineReport

APRIL 9, 2024

Benefits of Healthcare Business Intelligence Tools Improved Decision-Making: Healthcare BI tools enable informed decision-making by providing real-time data analysis and predictive insights. Optimized Operational Efficiency: These tools streamline processes and resource allocation, leading to cost savings and improved resource utilization.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

IBM Big Data Hub

DECEMBER 12, 2023

Embracing responsible emissions management can transform how organizations impact the health and profitability of their assets. An IBM CEO study , based on interviews with 3,000 CEOs worldwide, reveals that CEOs who successfully integrate sustainability and digital transformation report a higher average operating margin than their peers.

Management 78

Management Cost-Benefit Optimization Strategy 78

Cloudera

JANUARY 14, 2021

Blended use brick and mortar enable better pricing and convenience to consumers than digital pure-plays, and physical stores now serve as micro-fulfillment centers—through BOPIS (buy online, pick-up in-store) or curbside delivery—and drive down overall cost-to-serve.

Cost-Benefit 72

Cost-Benefit Digital Transformation Sales IoT 72

IBM Big Data Hub

JULY 25, 2023

Smart grid technology—an integral part of energy’s digital transformation—promises to modernize the traditional electrical system with an infusion of digital intelligence that helps energy providers transition to clean energy and reduce carbon emissions.

Optimization 62

Optimization Technology Measurement Cost-Benefit 62

Sisense

MARCH 26, 2020

To effectively identify what measures need to be taken, analytics can help to summarize and predict how companies should evolve to survive in a challenging environment. Companies, especially small businesses are scrambling to cut costs and meet payroll with decreased demand. Digital transformation: The shift to virtual events.

Management 91

Management Cost-Benefit Uncertainty Digital Transformation 91

CIO Business Intelligence

APRIL 18, 2022

Organizations that continued full speed ahead with their digital transformation initiatives during the COVID-19 pandemic are able to ruminate on what went right and what they would have done differently, with the benefit of hindsight. But there are lesser-known, less obvious attributes of a successful digital program.

Digital Transformation 145

Digital Transformation Dashboards Cost-Benefit Consulting 145

CIO Business Intelligence

OCTOBER 23, 2023

Jain says that starts by understanding the definition of “customer,” which Jain defines as “anybody who benefits from your services and products.” In this new world, IT must have a two-pronged strategy, one focused on cost optimization and the other on digital innovation, Palaniappan says. “IT needs to go beyond that.

IT 137

IT Consulting Scorecard Key Performance Indicator 137

datapine

MARCH 27, 2019

Customer intelligence is not only methodical but will also provide the following benefits to your business: Creating customer loyalty. The Internet makes it entirely possible to learn analysis through data analysis books and online courses, many of which are accessible at a low cost or free. Cost-per-Click (CPC).

Management 129

Management Data-driven Dashboards Visualization 129

CIO Business Intelligence

JUNE 6, 2023

We share our top 10 reasons why organizations should modernize their applications and how to measure success after modernization. The strongest business cases cite multiple benefits, and it isn’t unusual for application modernization projects to add value in three or more related categories of benefit.

Technology 105

Technology Cost-Benefit Measurement Software 105

CIO Business Intelligence

NOVEMBER 17, 2023

Managed service provider business model Managed service providers structure their business to offer technology services cheaper than what it would cost an enterprise to perform the work itself, at a higher level of quality, and with more flexibility and scalability.

Management 130

Management IT IoT Cost-Benefit 130

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. . Demand transparency on everything — especially on metrics — and be transparent back. Focus on value as well as cost.

IT 133

IT Cost-Benefit Uncertainty Digital Transformation 133

IBM Big Data Hub

AUGUST 11, 2023

Moreover, they play a crucial role in quality management and compliance by enforcing quality control procedures, monitoring metrics and capturing real-time data. They also support the measurement of overall equipment effectiveness (OEE) , a significant metric used to gauge manufacturing efficiency.

Software 75

Software Manufacturing Cost-Benefit ROI 75

John Wheeler

NOVEMBER 25, 2020

Provide a full view of business operations by delivering forward-looking measures of related risk to help customers successfully navigate the COVID-19 recovery. Offer capabilities to analyze business impacts at all levels of the organization by linking both strategic and tactical risk metrics.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

CIO Business Intelligence

JULY 14, 2023

Here, ‘change’ refers to any event or program the enterprise undertakes that causes major disruption to daily operations—for example, a new ERP installation or digital transformation. What are the benefits of change management? By itself OCM doesn’t reduce costs or increase sales. Rewards and consequences.

Management 111

Management Measurement Enterprise Digital Transformation 111

IBM Big Data Hub

JANUARY 16, 2024

As carbon emissions reporting becomes common worldwide, IBM is committed to assisting its clients in making informed decisions that can help address their energy demands and associated carbon impact while reducing costs. Such an approach not only drives cost efficiencies but also contributes to broader corporate sustainability goals.

IT 96

IT Cost-Benefit Consulting Measurement 96

CIO Business Intelligence

MAY 28, 2022

The benefits? Drive cost efficiencies and make headway on meeting corporate environmental, social, and governance (ESG) targets, for starters. It may not drive them to many new behaviors, but it gives them additional support for initiatives that have sustainability benefits as well, such as power and thermal monitoring.”.

Cost-Benefit 103

Cost-Benefit Optimization Metrics Measurement 103

CIO Business Intelligence

MAY 26, 2022

The benefits? Drive cost efficiencies and make headway on meeting corporate environmental, social, and governance (ESG) targets, for starters. It may not drive them to many new behaviors, but it gives them additional support for initiatives that have sustainability benefits as well, such as power and thermal monitoring.”.

Cost-Benefit 97

Cost-Benefit Optimization Metrics Measurement 97

CIO Business Intelligence

AUGUST 15, 2023

In increasingly politicized times, easily performing RLAs can provide a measure of confidence to the interested voter that elections are being run properly.” And it yields multiple business metric improvements, such as limiting surplus inventory. The project also ensures technicians’ comfort and safety as they service customers.

IT 98

IT Manufacturing IoT Cost-Benefit 98

Jet Global

MARCH 6, 2020

In fact, according to a recent survey , two-thirds of manufacturing leaders indicated they had not maximized the potential benefits of analytics for operational insights and decision making. . Source: “ Manufacturing’s Digital Transformation: Is Your Company Leading the Way or Falling Behind?” . Mind the Gap.

Manufacturing 75

Manufacturing Data-driven Finance KPI 75

CIO Business Intelligence

JULY 8, 2022

First, it’s a straightforward proposition whose end state is relatively easy to envision and measure, making it a nice palate cleanser for those still wrapping their heads around the broader operating model shift. Focus: Enhanced focus is perhaps the greatest benefit teams stand to gain from a division of responsibilities. Trade-offs.

Cost-Benefit 122

Cost-Benefit Measurement Modeling Metrics 122

datapine

DECEMBER 11, 2019

SaaS is a software distribution model that offers a lot of agility and cost-effectiveness for companies, which is why it’s such a reliable option for numerous business models and industries. This results in more flexibility and upselling opportunities, and lower customer acquisition costs. 3) The Growing Need For API Connections.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

AWS Big Data

NOVEMBER 14, 2023

Real-time streaming data technologies are essential for digital transformation. When an individual customer’s data increases or decreases, we can use the elasticity of Amazon Kinesis Data Streams to scale compute up or down to process data reliably while effectively managing our cost.

IoT 56

IoT Data-driven Data Lake Data Strategy 56

DataKitchen

JUNE 24, 2021

At Astrazeneca, Kurt Zimmer explained that data, “ provides a massive opportunity to drive all sorts of levers, such as to lower cost and to drive things like speed of execution, which has a tremendous impact on the ability to bring life-saving medicines to the marketplace.” GE formed its Digital League to create a data culture.

ROI 211

ROI Metrics Measurement Cost-Benefit 211

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. Provide measurements and metrics to monitor success after implementation. Achieve data analytics and user adoption goals.

Analytics 52

Analytics ROI Cost-Benefit Consulting 52

AWS Big Data

AUGUST 14, 2023

How do we define “risk” and “value” in the context of data products, and how can we measure this? Earlier in their lifecycle, data products may be measured by alternative metrics, including adoption (number of consumers) and level of activity (releases, interaction with consumers, and so on).

Management 75

Management Risk Measurement Optimization 75

Alation

NOVEMBER 22, 2022

Quantifying effectiveness with metrics. In today’s analytics-driven society, the public sector can transform this historic information to reduce operational costs and improve public service to better address the needs of a given community. Data breach mitigation measures. Standardizing data formats. Privacy concerns.

Data Governance 52

Data Governance Metadata Data-driven Unstructured Data 52

Alation

JANUARY 27, 2022

As an organization embraces digital transformation , more data is available to inform decisions. The use of data analytics can also reduce costs and increase revenue. With improved insight, resources are then reallocated for the greatest benefit. Benefits of Active Governance for Analytics.

Data Governance 52

Data Governance Analytics Cost-Benefit Data-driven 52

Andrew White

JANUARY 11, 2021

With a success behind you, sell that experience as the kind of benefit you can help improve. See Roadmap for Data Literacy and Data-Driven Business Transformation: A Gartner Trend Insight Report and also The Future of Data and Analytics: Reengineering the Decision, 2025. What is your vision for D&A for small and medium enterprises?

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52