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. Others conducted apples-to-apples comparisons of public cloud versus on-premises costs.

ROI 126

ROI Cost-Benefit KPI Uncertainty 126

CIO Business Intelligence

APRIL 1, 2024

That’s not hyperbole: TEKsystems’ 2024 State of Digital Transformation report found that 53% of organizations classified as digital leaders are confident that their digital investments will meet expected ROIs. Still, he and other Gartner researchers say the technology could transform modernization work.

Strategy 140

Strategy IT ROI Digital Transformation 140

CIO Business Intelligence

JUNE 28, 2023

Belcorp operates under a direct sales model in 14 countries. The second stage focused on building algorithms and models to predict and simulate intricate biological conditions, accelerate discoveries, reduce risks, and optimize the cost-benefit ratio of technological developments using AI solutions.

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

Cloudera

OCTOBER 30, 2023

Agility, innovation, and time-to-value are the key differentiators cloud service providers (CSP) claim to help organizations speed up digital transformation projects and business objectives. The main challenges are pointed out as a lack of resources/expertise, security, and from a different perspective, cloud cost management.

Analytics 79

Analytics Cost-Benefit ROI Business Objectives 79

CIO Business Intelligence

DECEMBER 29, 2023

With the merging of operational efficiency and embracing new technologies, today’s CIOs are under increasing pressure to do more with less and become both technologists and business leaders, says Sunny Azadeh, CIO at digital services company GlobalLogic. “In

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

SEPTEMBER 11, 2023

He initiated the creation of a comprehensive operating model. This “positions us to adapt effectively to the shifting business landscape, making the most of digital transformation and remote work arrangements.” Anderson believes, though, that once they see the value of digital literacy, it will be “very well received.”

Digital Transformation 135

Digital Transformation ROI Strategy Technology 135

CIO Business Intelligence

AUGUST 1, 2023

For a good night’s sleep Today, agribusinesses, including farmers, must deal with domestic and global competition, shrinking resources, rising material and transportation costs, labor shortages, environmental issues and regulations, and more. Technology is the path to benefit the entire ecosystem.” Reaping those benefits More than 5.8

Cost-Benefit 98

Cost-Benefit ROI Digital Transformation Marketing 98

CIO Business Intelligence

NOVEMBER 18, 2022

The cloud offers limitless scalability and flexibility, powering digital transformation across every industry. But when not managed strategically in the long run, cloud spending can quickly escalate and impact margins, cost of goods sold (COGS), and cost of revenue (COR).

Optimization 91

Optimization KPI Key Performance Indicator Cost-Benefit 91

Anmut

MARCH 22, 2023

Data maturity models are a crucial step for any organisation looking to improve their data, informing if your current data practices are helping, or holding back, your business. ? Click the links below to navigate to different sections What are data maturity models? Why do we need data maturity models? It’s like driving a car.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

Smarten

JULY 20, 2023

Mobile BI Provides Numerous Benefits. According to recent research, every industry is adopting mobile business intelligence as a means of staying abreast of crucial data, collaborating from within and outside the office and enabling business agility and digital transformation (Dx). Explore the Possibilities!

ROI 40

ROI Cost-Benefit Digital Transformation Statistics 40

IBM Big Data Hub

AUGUST 8, 2023

It’s about providing joint solutions companies seek to improve costs, productivity and resilience by accelerating their hybrid cloud and AI journeys. times higher ROI versus public cloud alone. And trailblazers investing in AI are seeing a revenue uplift of 3 to 15 percent and a sales ROI uplift of 10 to 20 percent.

Enterprise 84

Enterprise Consulting ROI Cost-Benefit 84

IBM Big Data Hub

JUNE 26, 2023

The benefits of AIOps are many. By infusing artificial intelligence (AI) into IT operations , you can leverage the considerable power of natural language processing and machine learning models to automate and streamline operational workflows. The result: reduced costs, less waste and documented ROI for your automation efforts.

Digital Transformation 57

Digital Transformation Cost-Benefit ROI Data-driven 57

CIO Business Intelligence

JANUARY 9, 2023

Three years ago, IT leaders were squarely focused on how to adopt fledgling AI techniques and approaches into their business models in service of digital transformations that included plans for shifting some workloads to the cloud. Inflation is a major issue for CIOs both in direct costs and labor,” Reeher says.

IT 145

IT Uncertainty Cost-Benefit Digital Transformation 145

IBM Big Data Hub

FEBRUARY 14, 2024

Other uses include Netflix offering viewing recommendations powered by models that process data sets collected from viewing history; LinkedIn uses ML to filter items in a newsfeed, making employment recommendations and suggestions on who to connect with; and Spotify uses ML models to generate its song recommendations.

Cost-Benefit 89

Cost-Benefit Insurance Unstructured Data Machine Learning 89

CIO Business Intelligence

FEBRUARY 7, 2024

Carter Busse, CIO of no-code enabled automation platform company Workato, adds that APIs are now important connective tissue to integrate and interact with large language models (LLMs) within business processes. “If Digital transformation and growing reliance on third-party services are key contributors as well, she adds.

Business Objectives 124

Business Objectives Cost-Benefit Strategy Data-driven 124

CIO Business Intelligence

APRIL 11, 2022

Gone are the days of the CIO being a back-office IT cost manager,” declares Chris Scheefer, vice president of intelligent industry at technology services and consulting firm Capgemini Americas. Today’s CIO must adapt and become a business strategist, a digital innovator, and an orchestrator for business.”. Build business value.

Cost-Benefit 119

Cost-Benefit Digital Transformation Strategy Consulting 119

CIO Business Intelligence

OCTOBER 30, 2023

The past decade in IT has been all about digital transformation. Transformations once envisioned to be a two- or three-year journey, to catch up or get ahead, have become a continuous journey with no end in sight. It’s no longer sufficient to pursue after-the-fact transformations.

Digital Transformation 143

Digital Transformation Risk Management IoT Cost-Benefit 143

CIO Business Intelligence

OCTOBER 16, 2023

Instead, failure today means an IT project doesn’t deliver some or all its expected benefits, according to CIOs, project leaders, researchers, and IT consultants. Those benefits go away when a business sponsor is MIA. Little or no executive support Another leadership problem that can tank an IT project: top-level indifference.

IT 136

IT Cost-Benefit Management Digital Transformation 136

Timo Elliott

MARCH 6, 2023

However, analysts say that 30% of digital transformation projects fail to deliver on their expected outcomes due to fragmentation in existing systems. To address this, a digital business platform is needed, which is a solid foundation of technology to enable agile and flexible innovation.

Machine Learning 111

Machine Learning Cost-Benefit Uncertainty Digital Transformation 111

Cloudera

AUGUST 22, 2021

Cloudera recently appointed a Cloud Director for Asia Pacific (APAC), Stevie Walsh, to help drive our hybrid and multi-cloud offerings in the region, supporting our customers in accelerating their digital transformation journey. I touched on some of the challenges earlier – migration and its complexity, faster ROI and all.

Cost-Benefit 104

Cost-Benefit Strategy IoT ROI 104

John Wheeler

OCTOBER 21, 2019

A balanced view of digital risk through integrated risk management (IRM) is required to reach what Gartner calls the new “techquilibrium” You might ask, what is techquilibrium? Doing so will allow for a proper ROI analysis detailing the potential for profit maximization.

Risk 53

Risk Risk Management Digital Transformation Insurance 53

CIO Business Intelligence

MAY 28, 2022

Among the issues that led to an overfull pipeline included department heads pushing for pet projects that may not have strategic benefits for enterprise at large, the classification of too many big projects with iffy ROI as urgent, and what Das calls “big, shiny ideas,” like crypto projects that have not been properly vetted.

IT 137

IT ROI Cost-Benefit Technology 137

CIO Business Intelligence

MAY 25, 2022

Among the issues that led to an overfull pipeline included department heads pushing for pet projects that may not have strategic benefits for enterprise at large, the classification of too many big projects with iffy ROI as urgent, and what Das calls “big, shiny ideas,” like crypto projects that have not been properly vetted.

IT 116

IT ROI Cost-Benefit Technology 116

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 131

Software Enterprise Cost-Benefit ROI 131

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 141

Measurement Digital Transformation KPI Metrics 141

CIO Business Intelligence

MAY 13, 2024

The study identified the top CEO priorities as, among others, leading digital transformation, reducing security risk, strengthening collaboration with executive colleagues, and implementing AI. 1 priority that CEOs have for their CIOs: leading digital business transformation. Such expectations fit squarely with the No.

IT 124

IT Digital Transformation ROI Strategy 124

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

Smarten

JANUARY 5, 2023

By embedding BI, you can improve the user adoption rate, lower TCO and improve ROI. But what if you could improve the return on investment (ROI) and total cost of ownership (TCO) results of your new augmented analytics solution and your enterprise apps and software – all at the same time? Provide seamless support.

ROI 52

ROI Business Intelligence Cost-Benefit Software 52

CIO Business Intelligence

MARCH 10, 2023

Digital transformation has brought significant adoption of new technology and business models, including cloud solutions, e-commerce platforms, smart devices, and a significantly more distributed workforce. The result is a more efficient, cost-effective, and productive cyber workforce.

Digital Transformation 143

Digital Transformation Cost-Benefit ROI Risk 143

CIO Business Intelligence

NOVEMBER 15, 2023

Many businesses are eyeing the potential of artificial intelligence (AI) and machine learning (ML) to transform ERP. Your ability to reap the rewards of that potential may depend on how far along you are with digital transformation. Not everyone concedes the benefits of AI and ERP, she says. Is it really for you?

Digital Transformation 130

Digital Transformation Cost-Benefit ROI Manufacturing 130

CIO Business Intelligence

AUGUST 16, 2022

Elaborating on some points from my previous post on building innovation ecosystems, here’s a look at how digital twins , which serve as a bridge between the physical and digital domains, rely on historical and real-time data, as well as machine learning models, to provide a virtual representation of physical objects, processes, and systems.

Visualization 145

Visualization Cost-Benefit IoT ROI 145

CIO Business Intelligence

JANUARY 24, 2024

Karen Higgins-Carter, previously CIO of Webster Bank, joined Gilbane just over a year ago as CDIO with the responsibility of digitally transforming this 153-year-old business. We’re in an industry that is ripe for transformation,” says Higgins-Carter, pictured above, center. So they’ll be patient when it comes to ROI.

Risk Management 118

Risk Management Risk Management Digital Transformation 118

CIO Business Intelligence

JANUARY 3, 2024

According to Martin Rapos, CEO of AR/VR platform Akular, which converts 3D models into digital twins, the impact of every dollar spent early is an order of magnitude higher than if you spend it five years down the road as a follower.

Cost-Benefit 136

Cost-Benefit ROI Manufacturing Optimization 136

CIO Business Intelligence

OCTOBER 12, 2022

The benefits of adopting Apple devices extend well beyond just ensuring employees’ satisfaction: With an increase in cyberattacks against corporate networks, understanding Apple platform security is key. Cost: Mac ownership also costs less than PC ownership in the long run, since Mac users are less likely to need computer support.

Cost-Benefit 98

Cost-Benefit Digital Transformation ROI Enterprise 98

CIO Business Intelligence

APRIL 22, 2024

As such, Scavuzzo and his team look for technologies that do way more than boost productivity or cut costs. Rather, it’s about transformation “with technology as a core component. “But He has divided his 170 workers into two groups, with 60% of them focused 100% on digital transformation and the remainder focused on operational IT.

IT 126

IT Data-driven Strategy Consulting 126

IBM Big Data Hub

APRIL 4, 2024

The need for private cloud settings is also closely linked to a hybrid cloud approach—the integration of on-premises, private cloud and public cloud into a single, flexible IT infrastructure—which is an essential part of the enterprise-business digital transformation journey. Adobe Creative Suite, Slack).

Data Processing 103

Data Processing Cost-Benefit Software Digital Transformation 103

CIO Business Intelligence

AUGUST 31, 2023

When organizations began to fully embrace both the work-from-anywhere (WFA) user model and multi-cloud strategies, IT leadership quickly realized that traditional networks lack the flexibility needed to support modern digital transformation initiatives.

Cost-Benefit 98

Cost-Benefit ROI Digital Transformation Optimization 98