BA Learnings

JANUARY 11, 2019

In order to keep your business competitive, drive growth, ensure continuous improvement and enhance profits, a Business Intelligence (BI) strategy is essential. But a BI strategy is not just about technology or choosing the right platform. Therefore, a BI strategy is not to be taken lightly or in haste.

Business Intelligence 100

Business Intelligence Strategy Key Performance Indicator Cost-Benefit 100

CIO Business Intelligence

FEBRUARY 20, 2024

It can bring vast pools of data together from Word documents and Excel spreadsheets, calendars and emails, chats and meeting notes, along with Power BI reports. There are also obvious benefits for new workers. With the right strategy in place, the time and cost savings could be significant, and the potential for improvement stellar.

Cost-Benefit 105

Cost-Benefit Interactive Reporting Data-driven 105

CIO Business Intelligence

JULY 31, 2023

They note, too, that CIOs — being top technologists within their organizations — will be running point on those concerns as companies establish their gen AI strategies. Here’s a rundown of the top 20 issues shaping gen AI strategies today. says CIOs should apply agile processes to their gen AI strategy. It’s not a hammer.

Strategy 98

Strategy Risk Enterprise Risk Management 98

IBM Big Data Hub

NOVEMBER 24, 2023

Application modernization starts with assessment of current legacy applications, data and infrastructure and applying the right modernization strategy (rehost, re-platform, refactor or rebuild) to achieve the desired result. Subsequent phases are build and test and deploy to production.

Cost-Benefit 100

Cost-Benefit Testing Data-driven Enterprise 100

Cloudera

OCTOBER 18, 2023

And just as financial services experiences its cycles, this time of year I find myself returning to the topic of cost reduction. These cutting-edge technologies provide lower-cost alternatives for discovering efficiencies within financial operations, all while enhancing the quality of services offered.

Cost-Benefit 75

Cost-Benefit Testing Machine Learning Optimization 75

CIO Business Intelligence

OCTOBER 12, 2023

Premium Plus includes access to sustainability insights derived from business processes’ carbon footprints and financial costs (SAP’s “ green ledger ”), new generative AI capabilities accessed through its Joule virtual assistant, improved forecasting, and the ability to create a portal for suppliers to simplify spend management.

Cost-Benefit 124

Cost-Benefit Uncertainty Enterprise Risk 124

datapine

JUNE 15, 2023

These analytical tools allow decision-makers to get a sense of their performance in a number of areas and extract valuable insights to inform their future strategies and boost growth. Keep reading to find a definition, benefits, examples, and some key best practices to generate them successfully! What Is A Performance Report?

Reporting 207

Reporting Cost-Benefit Dashboards Sales 207

CIO Business Intelligence

JANUARY 22, 2024

According to a recent analysis by EXL, a leading data analytics and digital solutions company, healthcare organizations that embrace generative AI will dramatically lower administration costs, significantly reduce provider abrasion, and improve member satisfaction. The timing could not be better.

Cost-Benefit 105

Cost-Benefit Digital Transformation Data-driven Interactive 105

CIO Business Intelligence

NOVEMBER 21, 2023

That’s where an IT strategy that frames shadow IT as an opportunity for improved collaboration can have a profound impact. Communicate clearly and often about policies and their reasons and benefits, create a culture of feedback and collaboration, and be agile and willing to adapt policies as user needs evolve.”

IT 137

IT Risk Cost-Benefit Risk Management 137

CIO Business Intelligence

OCTOBER 3, 2023

These tools bring benefits beyond automation. Typically these would include: • Process discovery: comprises process mining to identify bottlenecks and inefficiencies and task mining to identify user interactions in process, enabling those processes for which automation will deliver maximum benefits to be given priority.

Cost-Benefit 122

Cost-Benefit Machine Learning Interactive Software 122

IBM Big Data Hub

APRIL 25, 2024

This blog outlines some BPR examples that benefit from a BPM methodology. A comprehensive supply chain overhaul might involve rethinking procurement strategies, implementing just-in-time inventory systems, optimizing production schedules or redesigning transportation and distribution networks.

Cost-Benefit 55

Cost-Benefit Finance Optimization Key Performance Indicator 55

CIO Business Intelligence

DECEMBER 19, 2023

This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control.

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Digital Transformation Unstructured Data Machine Learning Risk Management 143

CIO Business Intelligence

FEBRUARY 7, 2024

API-first strategies on the rise APIs are ubiquitous within modern software architectures, working behind the scenes to facilitate myriad connected capabilities. “As APIs remain central to tech strategy and are more vital than ever due their use by LLMs, including OpenAI plugins,” says O’Neill.

Business Objectives 124

Business Objectives Cost-Benefit Strategy Data-driven 124

CIO Business Intelligence

APRIL 4, 2024

The cost of implementing and running AI models can be quite high, so you have to be really careful in assessing the business worthiness of AI use cases,” he says. Webster Bank is following a similar strategy. Production is another area that benefits from AI. “At On-time delivery has improved substantially,” she says.

Enterprise 134

Enterprise Cost-Benefit Forecasting Strategy 134

Jet Global

NOVEMBER 3, 2020

Being profitable and delivering the most value to shareholders starts with having a robust tax planning strategy that enables you to keep more of your hard-earned money while ensuring compliance with every tax district—and keeping your reputation intact. Unfortunately, when it comes to taxes, there are many moving parts to consider.

Strategy 84

Strategy Digital Transformation Software Cost-Benefit 84

CIO Business Intelligence

MAY 23, 2023

By extending our multi-cloud strategy, we will invest in extending Vmware’s software stack to run and manage workloads across private and public clouds, which means any enterprise can run application workloads easily, securely, and seamlessly on-prem, or in any cloud platform they prefer. To learn more, visit Broadcom.

Uncertainty 145

Uncertainty Cost-Benefit Risk Technology 145

CIO Business Intelligence

NOVEMBER 23, 2022

Enterprise architecture definition Enterprise architecture (EA) is the practice of analyzing, designing, planning, and implementing enterprise analysis to successfully execute on business strategies. Another main priority with EA is agility and ensuring that your EA strategy has a strong focus on agility and agile adoption.

Enterprise 128

Enterprise Cost-Benefit Digital Transformation Strategy 128

Smart Data Collective

SEPTEMBER 25, 2023

While there are many benefits of big data technology, the steep price tag can’t be ignored. We mentioned that data analytics offers a number of benefits with financial planning. In traditional definition, IT budgeting involves planning and tracking all the costs associated with your company’s IT infrastructure.

Data-driven 105

Data-driven IT Cost-Benefit Big Data 105

Timo Elliott

MAY 8, 2023

You can see the company’s winning submission document here , with lots of details about the business goals, technical infrastructure, benefits, and SAP products used. The outcomes are really impressive.

IoT 103

IoT Cost-Benefit Machine Learning Risk 103

datapine

SEPTEMBER 29, 2022

There are a lot of strategies that you can use to improve the quality of your information. Paired to this, it can also: Improved decision-making process: From customer relationship management, to supply chain management , to enterprise resource planning, the benefits of effective DQM can have a ripple impact on an organization’s performance.

Data Quality 241

Data Quality Metrics Data-driven Management 241

CIO Business Intelligence

JANUARY 16, 2024

In the rush to establish technical strategies for making good on the promise of generative AI, many CIOs find themselves running headlong into what may be their most challenging task yet: preparing their organization’s end-users — from knowledge workers and assembly line laborers to doctors, accountants, and lawyers — to co-exist with generative AI.

Cost-Benefit 130

Cost-Benefit Enterprise Unstructured Data Technology 130

erwin

SEPTEMBER 17, 2020

It’s paramount that organizations understand the benefits of automating end-to-end data lineage. Here are six benefits of automating end-to-end data lineage: Reduced Errors and Operational Costs. Business terms and data policies should be implemented through standardized and documented business rules.

Cost-Benefit 143

Cost-Benefit Data Governance Metadata Reporting 143

IBM Big Data Hub

FEBRUARY 7, 2024

1 In pursuit of net zero, organizations will focus their sustainability efforts on two paths in 2024: Clean energy : The transition from fossil fuels to renewable energy sources is central to sustainability strategies and net zero initiatives, and was a central issue last year at the United Nations’ COP28 climate summit.

Reporting 99

Reporting Cost-Benefit Internet of Things Data-driven 99

Smart Data Collective

OCTOBER 16, 2023

Financial data (invoices, transactions, billing data) and internal and external documents (reports, business letters, production plans, and so on) are examples of this. Develop marketing strategies Historically, a marketing blunder might be quite costly to a company. Businesses from all industries can benefit from the available data.

Big Data 102

Big Data IoT Cost-Benefit Advertising 102

IBM Big Data Hub

FEBRUARY 6, 2024

Organizations that neglect to develop reliable cyber and disaster recovery strategies expose themselves to a broad range of threats that can have devastating consequences. Reduced costs from unplanned events: Cyber and disaster recovery can be expensive, with critical assets like employees, data and infrastructure being threatened.

Cost-Benefit 98

Cost-Benefit Testing Risk Strategy 98

Cloudera

JUNE 1, 2021

Cloudera will benefit from the operating capabilities, capital support and expertise of Clayton, Dubilier & Rice (CD&R) and KKR – two of the most experienced and successful global investment firms in the world recognized for supporting the growth strategies of the businesses they back. Our strategy. Wrapping it up.

Uncertainty 144

Uncertainty Cost-Benefit Risk Strategy 144

IBM Big Data Hub

JANUARY 11, 2024

Disaster recovery plan (DRP): A disaster recovery plan (DRP) is a document that clearly outlines how an enterprise will recover from an unexpected event. Failover and failback both use data replication and are widely used in DR strategies for data centers and communication networks. million—a 15% increase over the last 3 years.

Cost-Benefit 104

Cost-Benefit Risk Enterprise Software 104

CIO Business Intelligence

MARCH 24, 2023

Data governance framework Data governance may best be thought of as a function that supports an organization’s overarching data management strategy. Several of the overall benefits of data management can only be realized after the enterprise has established systematic data governance.

Data Governance 142

Data Governance Management Metadata Data Quality 142

AWS Big Data

MARCH 12, 2024

We share our benchmarking results and methodology, and insights into the cost-effectiveness of EMR Serverless vs. fixed capacity Amazon EMR on EC2 transient clusters on our data workflows orchestrated using Amazon Managed Workflows for Apache Airflow (Amazon MWAA). Platform improvement aims to attain efficiency at the company level.

Cost-Benefit 88

Cost-Benefit Optimization Big Data Metrics 88

Smart Data Collective

FEBRUARY 8, 2022

They are discovering the benefits of using the cloud to utilize data and facilitate communications between employees, customers, contractors and other stakeholders. One of the underappreciated benefits of cloud technology is that it makes it easier to work with virtual assistants. Some fo the biggest benefits are listed below.

Technology 131

Technology Cost-Benefit Business Intelligence Marketing 131

CIO Business Intelligence

APRIL 2, 2024

Underpinning these initiatives is a slew of technology capabilities and strategies aimed at accelerating delivery cycles, such as establishing product management disciplines, building cloud architectures, developing devops capabilities, and fostering agile cultures.

Management 140

Management Digital Transformation Testing Experimentation 140

erwin

AUGUST 13, 2020

Today, enterprises are trying to grow and innovate – while cutting costs and managing compliance – in the midst of a global pandemic. Here are some of the issues and questions being raised: Growth : How do we define growth strategies (e.g., operating strategy, global business services and shared services)?

Enterprise 143

Enterprise Cost-Benefit Uncertainty ROI 143

IBM Big Data Hub

OCTOBER 26, 2023

A corporate sustainability report is a comprehensive document that outlines a company’s efforts, policies, practices and performance related to social, environmental and economic sustainability. Challenges arise when these software solutions need to be integrated in order to expose insights that could maximize their benefits.

Reporting 78

Reporting Software Cost-Benefit Strategy 78

CIO Business Intelligence

MAY 16, 2023

They determined and executed a ‘store versus destroy’ strategy for paper documents based on client classification and record retention schedules 4. ● The correct documents were then put in long-term storage to meet compliance requirements 5. ● Consider the following real-world scenarios. ● What’s taking so long?

Digital Transformation 104

Digital Transformation Uncertainty Risk Cost-Benefit 104

Smart Data Collective

SEPTEMBER 22, 2021

We have frequently talked about the benefits of using big data to make the most of your online marketing efforts. However, there are also a number of ways to use data analytics technology to execute your offline marketing strategies such as print marketing effectively as well. Managed print services are essential for each business.

Management 98

Management Cost-Benefit Big Data Data-driven 98

CIO Business Intelligence

DECEMBER 17, 2023

Plus, we’ll explore the importance of being able to choose your own path and pace toward contact center AI so that your investment delivers the greatest business benefits.

Management 128

Management Cost-Benefit Interactive Optimization 128

AWS Big Data

JANUARY 9, 2024

Lexical search In lexical search, the search engine compares the words in the search query to the words in the documents, matching word for word. Semantic search doesn’t match individual query terms—it finds documents whose vector embedding is near the query’s embedding in the vector space and therefore semantically similar to the query.

Cost-Benefit 88

Cost-Benefit Visualization Modeling Machine Learning 88