IBM Big Data Hub

AUGUST 14, 2023

Among the various cloud service providers available, Amazon Web Services (AWS) has emerged as a popular choice for businesses seeking digital transformation. However, while the benefits of such a migration are substantial, there are critical considerations that must not be overlooked.

Cost-Benefit 62

Cost-Benefit Optimization Strategy Digital Transformation 62

CIO Business Intelligence

APRIL 27, 2023

At this time of dynamic business and market changes, uncertainty, and quickly evolving consumption models for IT infrastructure, every IT executive understands the benefits and necessity of network agility. turn this application off while not in use to increase network optimization by X percent).

Management 89

Management Internet of Things Cost-Benefit Uncertainty 89

Smarten

NOVEMBER 28, 2023

And, as McKinsey reports, continuous improvement companies seek to eliminate costs and to empower employees to improve efficiency and growth of product and service innovation. The enterprise should incorporate changes using knowledge and feedback from team members so that team members feel empowered and engaged in the process.

Analytics 67

Analytics Digital Transformation Cost-Benefit Testing 67

Jedox

APRIL 10, 2019

Whether saving costs or improving revenue, FP&A digital transformation projects must provide strong gains in productivity and effectiveness. Jedox conducted a global Survey with ACCA and discovered only 35% of organizations have a digital transformation roadmap in place. There are many reasons.

Digital Transformation 42

Digital Transformation Risk Finance Sales 42

CIO Business Intelligence

JUNE 21, 2023

In 2022, companies were still reeling from the rapid digital transformation efforts to survive the pandemic. A common but critical challenge I hear from CIOs, CTOs, and CDOs every day is that they have a difficult time helping the C-suite understand that IT is the very architecture for the future of business, not a cost center.

Modeling 105

Modeling Cost-Benefit ROI Digital Transformation 105

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 76

Management Cost-Benefit Optimization Strategy 76

CIO Business Intelligence

DECEMBER 14, 2023

The harsh, remote landscape of Alaska’s North Slope does not evoke thoughts of digital transformation. Aside from being extremely cold, working on the Slope presents major supply chain challenges,” says Pragati Mathur, chief digital and information officer for the energy exploration and production stalwart.

Manufacturing 75

Manufacturing Digital Transformation Experimentation Cost-Benefit 75

CIO Business Intelligence

OCTOBER 21, 2022

But, with all this growth comes new potential costs. Amid a fast-changing landscape, contact center executives have a critical task: Keep pace and grow while also reducing costs and driving efficiency. Let’s look at four key decisions that can fuel effective cost management in contact centers.

Cost-Benefit 76

Cost-Benefit Testing Metrics Marketing 76

IBM Big Data Hub

AUGUST 16, 2023

It is poised to transform businesses and industries, revolutionize how employees and other stakeholders collaborate, and drive digital transformation initiatives. In addition, companies can run up cloud costs because they provision more resources than necessary for their normal business functions.

Cost-Benefit 69

Cost-Benefit Data Processing Optimization Software 69

CIO Business Intelligence

AUGUST 17, 2022

Cybercrime cost U.S. Enterprises want to autonomously automate their platforms for the variety of benefits they will obtain, including easier management, substantially more efficient use of IT resources, lower CAPEX and OPEX, sustainability, and self-learning capabilities for continuous improvement. . businesses more than $6.9

Enterprise 100

Enterprise Cost-Benefit Snapshot Data-driven 100

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. Others agree.

Digital Transformation 143

Digital Transformation Measurement Data-driven Metrics 143

IBM Big Data Hub

OCTOBER 13, 2023

In IDC’s 2022 Global Supply Chain Survey , they identified that “lack of visibility and resiliency to see necessary changes in time to react effectively” was the most problematic and unaddressed deficiency in modern supply chain management and inventory optimization.

Marketing 74

Marketing Cost-Benefit Optimization Digital Transformation 74

IBM Big Data Hub

DECEMBER 20, 2023

Without an AI strategy, organizations risk missing out on the benefits AI can offer. Whether it’s deeper data analysis, optimization of business processes or improved customer experiences , having a well-defined purpose and plan will ensure that the adoption of AI aligns with the broader business goals. What is an AI strategy?

Strategy 79

Strategy Business Objectives Cost-Benefit Consulting 79

datapine

MARCH 11, 2020

As digital transformation evolves, and more businesses begin to harness the power of digital technologies, the rate at which we are creating data is rising by the second. When it comes to managing your hospital and optimizing your performance, focusing on your real time healthcare data is essential. click to enlarge**.

Business Intelligence 165

Business Intelligence Analytics Dashboards Visualization 165

CIO Business Intelligence

JUNE 1, 2022

Meanwhile, the digital twin market is set to grow at a 50% compound annual growth rate, reaching $184.5 For businesses like the McLaren Group, these two trends are at the core of the conglomerate’s digital transformation and competitive strategy, on and off the track. . billion by 2030. A Competitive Differentiator.

Manufacturing 103

Manufacturing Digital Transformation Predictive Analytics Strategy 103

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 133

IT Consulting Scorecard Key Performance Indicator 133

CIO Business Intelligence

APRIL 29, 2022

Preparing for an artificial intelligence (AI)-fueled future, one where we can enjoy the clear benefits the technology brings while also the mitigating risks, requires more than one article. This first article emphasizes data as the ‘foundation-stone’ of AI-based initiatives.

Data Governance 144

Data Governance IT Risk Data Lake 144

CIO Business Intelligence

SEPTEMBER 8, 2022

Gathering and processing data quickly enables organizations to assess options and take action faster, leading to a variety of benefits, said Elitsa Krumova ( @Eli_Krumova ), a digital consultant, thought leader and technology influencer. This means that all changes, all transitions, are instantaneous.

Cost-Benefit 111

Cost-Benefit Internet of Things Data-driven Data Lake 111

Alation

DECEMBER 9, 2021

Then, we’ll dive into the strategies that form a successful and efficient cloud transformation strategy, including aligning on business goals, establishing analytics for monitoring and optimization, and leveraging a robust data governance solution. What is Cloud Transformation? What Are the Benefits of Cloud Transformation?

Cost-Benefit 52

Cost-Benefit Data Governance Optimization Data Processing 52

Sisense

NOVEMBER 5, 2020

HR departments around the world are embracing digital transformation to reshape business operations and address their future needs in an ever-evolving work world. Every company has implemented some application designed to improve employee experience, training and development, performance, benefits and compensation, and more.

People Analytics 85

People Analytics Analytics Digital Transformation Metrics 85

IBM Big Data Hub

JULY 27, 2023

Using EAM data to implement predictive and preventive maintenance programs helps oil and gas companies take a more proactive approach to asset maintenance, reducing unexpected downtime and minimizing costs associated with emergency repairs. Trend #5: The rise of mobile EAM solutions Mobile technology is making EAM more accessible than ever.

Cost-Benefit 60

Cost-Benefit IoT Internet of Things Enterprise 60

datapine

MARCH 15, 2019

To win on today’s information-rich digital battlefield, turning insight into action is a must, and online data analysis tools are the very vessel for doing so. The Benefits Of Data Intelligence. Now, let’s look at the primary benefits of data intelligence tools and practices in the world of business. ER Wait Time.

Technology 143

Technology Cost-Benefit KPI Dashboards 143

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

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). As a result, outcome-based metrics should be your guide.

Measurement 130

Measurement Digital Transformation KPI Metrics 130

CIO Business Intelligence

FEBRUARY 1, 2024

When organizations buy a shiny new piece of software, attention is typically focused on the benefits: streamlined business processes, improved productivity, automation, better security, faster time-to-market, digital transformation. It can help uncover hidden costs that could come back to bite you down the road.

Software 127

Software Enterprise Cost-Benefit ROI 127

Anmut

MARCH 22, 2023

Anmut’s own clients estimate that poor data quality and availability causes at least 16% additional cost per year. Stage 2: Risk While there is a general awareness of the benefits of data governance , roles are poorly understood. This stage is typical for organisations that are just starting to develop their data strategy.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

bridgei2i

MAY 19, 2021

They touch upon the role of GICs in driving the digital transformation agenda, the high visibility it brings to all functional areas of an organization, and the part it plays in bridging the gap between growth inefficiencies and cost management. Tune in to listen to this insightful podcast! Subscribe Now. Transcript.

Enterprise 75

Enterprise Digital Transformation Marketing Cost-Benefit 75

IBM Big Data Hub

APRIL 4, 2024

And while enterprise resource planning (ERP) integrates and manages all aspects of a business, BPM focuses on its individual functions—optimizing the organization’s existing, repeatable processes end-to-end. This can uncover internal process improvements, strategic partnership opportunities and potential cost-saving initiatives.

Management 59

Management Cost-Benefit Metrics Consulting 59

IBM Big Data Hub

MAY 25, 2023

You’re responsible for optimizing spend, operational efficiency and incorporating new and innovative technologies. In this blog post, we will examine traditional IT operation problems through the lens of data-driven automation and the benefits of AIOps. But are your tools slowing you down?

Cost-Benefit 76

Cost-Benefit Digital Transformation Optimization Data-driven 76

CIO Business Intelligence

MARCH 5, 2024

Many employees want to experiment with AI assistants like Microsoft Copilot, while CIOs are under pressure from their CEOs to realign digital transformation priorities and deliver business value with generative AI capabilities. IT leaders are exploring how different gen AI tools transform the software development lifecycle.

Cost-Benefit 115

Cost-Benefit Advertising Experimentation Software 115

IBM Big Data Hub

AUGUST 11, 2023

MES systems can assist managers with process management and process control, helping to facilitate optimal performance of manufacturing. By facilitating optimized production planning and scheduling, these systems ensure efficient resource allocation, workload balancing and on-time deliveries, leading to improved profitability.

Software 73

Software Manufacturing Cost-Benefit ROI 73

CIO Business Intelligence

FEBRUARY 14, 2023

Leaders see the cloud as a path to modernize their IT infrastructure, so they can achieve greater flexibility and agility, lower costs of operations, faster time to market, and heightened competitive advantage — just to name a few. However, for each of these major benefits, there’s also an inherent set of obstacles.

Cost-Benefit 112

Cost-Benefit Digital Transformation Metrics Marketing 112

CIO Business Intelligence

JUNE 6, 2023

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. All leaders will want to concern themselves with financial, operational, and business benefits to ensure alignment with business outcomes and strategy.

Technology 97

Technology Cost-Benefit Measurement Software 97

IBM Big Data Hub

AUGUST 28, 2023

The case for infusing artificial intelligence (AI) into your IT operations is compelling, with tangible benefits and strategic use cases. Traditional monitoring tools might give you metrics and data, but they often lack the ability to provide a complete picture of the system’s behavior. Read about observability myths.

Cost-Benefit 62

Cost-Benefit Data Processing Optimization Metrics 62

CIO Business Intelligence

MAY 28, 2022

Eight years ago, McGlennon hosted an off-site think tank with his staff and came up with a “technology manifesto document” that defined in those early days the importance of exploiting cloud-based services, becoming more agile, and instituting cultural changes to drive the company’s digital transformation.

Insurance 135

Insurance Machine Learning Digital Transformation Cost-Benefit 135

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 94

IT Cost-Benefit Consulting Measurement 94