CIO Business Intelligence

MAY 22, 2023

ROI becomes a waiting game. What if there was a way to get ROI today and still train the workforce for a quantum tomorrow? They can accomplish all types of optimization and can perform impressive forecasting. Other algorithms and use cases venture into optimization. Enter quantum-inspired approaches.

ROI 52

ROI Machine Learning Optimization Cost-Benefit 52

CIO Business Intelligence

FEBRUARY 22, 2024

Getting AI off the ground After several years of innovating in AI, Ferrovial can cite many examples of projects and services benefitting from it. “If So projects to analyze huge amounts of data in multiple formats already in production are now considerably more efficient and cost effective.

IT 105

IT Digital Transformation IoT Cost-Benefit 105

IBM Big Data Hub

MAY 17, 2024

Organizations face increased pressure to move to the cloud in a world of real-time metrics, microservices and APIs, all of which benefit from the flexibility and scalability of cloud computing. An examination of cloud capabilities and maturity is a key component of this digital transformation and cloud adoption presents tremendous upside.

Modeling 62

Modeling Cost-Benefit Optimization Digital Transformation 62

CIO Business Intelligence

DECEMBER 5, 2023

But as digital transformation efforts have intensified in recent years, CIOs have had fewer opportunities to pause and reevaluate IT’s financial situation. That means taking a long hard look at costs and ensuring their spend is focused on the future and not just maintaining the past,” says Jay Upchurch, EVP and CIO at SAS.

IT 138

IT Cost-Benefit ROI Digital Transformation 138

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

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

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 77

Analytics Cost-Benefit ROI Business Objectives 77

CIO Business Intelligence

JUNE 28, 2023

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. “This allowed us to derive insights more easily.”

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

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

IBM Big Data Hub

JUNE 26, 2023

The benefits of AIOps are many. For today’s IT professionals, AIOps is also one of the fastest ways to realize tangible ROI from digital transformation investments. For today’s IT professionals, AIOps is also one of the fastest ways to realize tangible ROI from digital transformation investments.

Digital Transformation 58

Digital Transformation Cost-Benefit ROI Data-driven 58

CIO Business Intelligence

SEPTEMBER 11, 2023

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.” There is an art and a science behind each investment decision.

Digital Transformation 135

Digital Transformation ROI Strategy Technology 135

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 70

Cost-Benefit Data Processing Optimization Software 70

CIO Business Intelligence

FEBRUARY 7, 2024

Digital transformation and growing reliance on third-party services are key contributors as well, she adds. API-first development yields a multitude of benefits, he adds, including abstraction of the underlying data, increased automation, better governance over data usage, and a more accessible audit trail.

Business Objectives 124

Business Objectives Cost-Benefit Strategy Data-driven 124

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. They’ve simply become the price of doing business, just like issuing payroll or filing tax returns.

Digital Transformation 143

Digital Transformation Risk Management IoT Cost-Benefit 143

IBM Big Data Hub

FEBRUARY 14, 2024

Technical AI use cases Speed operations with AIOps There are many benefits to using artificial intelligence for IT operations (AIOps). AIOps is one of the fastest ways to boost ROI from digital transformation investments. AIOps is one of the fastest ways to boost ROI from digital transformation investments.

Cost-Benefit 90

Cost-Benefit Insurance Unstructured Data Machine Learning 90

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 145

Digital Transformation Measurement Data-driven Metrics 145

CIO Business Intelligence

APRIL 19, 2022

Vendors, by making indistinguishable claims about digital transformation and process automation, suggest similar outcomes. Digital transformation cannot be achieved through purely tech-enabled, service-led approaches, with the promise to build autonomous enterprises with low code, flexible applications, etc.

Digital Transformation 111

Digital Transformation Insurance ROI Business Objectives 111

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 ROI 111

John Wheeler

OCTOBER 21, 2019

Techquilibrium is the balance point where the enterprise has the right mix of traditional and digital capabilities and assets, to power the business model needed to compete most effectively, in an industry that is being digitally revolutionized. Digital Risk Management – Gartner.

Risk 53

Risk Risk Management Digital Transformation Insurance 53

CIO Business Intelligence

MARCH 21, 2022

Staying razor-focused on business benefits and communicating in a language everyone understands is central to successful IT initiatives, whether the project involves state-of-the-art technology like robotic process automation (RPA) or is a bit more mundane, like upgrading an aging data center. Jamie Holcombe U.S. Credit: CIO. Credit: CIO.

IT 131

IT Digital Transformation Consulting Technology 131

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

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

datapine

MARCH 27, 2019

Customer intelligence is not only methodical but will also provide the following benefits to your business: Creating customer loyalty. Improving the ROI of your promotional and marketing activities. A bi-weekly scan of incomplete or erroneous records is essential to keep your database fully optimized and updated.

Management 129

Management Data-driven Dashboards Visualization 129

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

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

Cloudera

JANUARY 17, 2021

s digital transformation of the manufacturing industry, which in itself is pretty remarkable. The last two years have seen remarkable acceleration of digital transformation in a whole host of segments. The Digital Experience Benefits. Marketing and Sales Optimization – . By 2025, Industry 4.0

Digital Transformation 64

Digital Transformation Cost-Benefit Manufacturing Sales 64

CIO Business Intelligence

OCTOBER 3, 2023

With demand for low-cost energy ever increasing, along with competition from renewable sources of energy, ConocoPhillips is leveraging digital twins to optimize the safety and efficiency of its assets. This makes sense because it helps with safety, costs, and ultimately GHG [greenhouse gas] emissions.”

Digital Transformation 122

Digital Transformation Cost-Benefit Data Processing Optimization 122

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

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

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

JANUARY 3, 2024

The infrastructure industry, however, can sometimes be its own worst enemy by falling for common objections and barriers to adoption throughout both digital twin strategy and implementation. This can often lead to improvements in efficiency, performance, and cost savings by way of a holistic view of building operations.

Cost-Benefit 136

Cost-Benefit ROI Manufacturing Optimization 136

CIO Business Intelligence

AUGUST 16, 2022

Keith Bentley of software developer Bentley Systems describes digital twins as the biggest opportunity for IT value contribution to the physical infrastructure industry since the personal computer, and they’re used in a wide variety of industries , lending enterprises insights into maintenance and ways to optimize manufacturing supply chains.

Visualization 145

Visualization Cost-Benefit IoT ROI 145

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

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 76

Software Manufacturing Cost-Benefit ROI 76

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 104

Data Processing Cost-Benefit Software Digital Transformation 104

John Wheeler

NOVEMBER 25, 2020

In particular, as our end-user clients look to digital transformation and innovation to emerge from the pandemic, business leaders such as the Chief Executive Officer, Chief Operating Officer, Chief Financial Officer and Chief Risk Officer will need insight into IRM technology providers. This shift will not fade as we recover.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

Sisense

DECEMBER 3, 2019

The first wave of digital transformations saw a dramatic decrease in data storage costs. At Sisense, we see the rise of AI and a multicloud world accelerating the next wave of digital transformation, helping organizations reimagine their business and drive innovation, adoption, and value from data in the digital era.

Data Warehouse 90

Data Warehouse Analytics Digital Transformation Forecasting 90