erwin

AUGUST 20, 2020

Enterprise architecture (EA) is a strategic planning initiative that helps align business and IT. In this post: What Is Enterprise Architecture? Why Is Enterprise Architecture Important? Why Is Enterprise Architecture Important? Benefits of Enterprise Architecture. Common Enterprise Architecture Use Cases.

Enterprise 140

Enterprise Cost-Benefit Risk Data Governance 140

CIO Business Intelligence

MAY 9, 2024

But the ranks of the CAIO are expected to increase at enterprise organizations as well in the coming years. They should lead the efforts to tie AI capabilities to data analytics and business process strategies and champion an AI-first mindset throughout the organization.

Risk Management 138

Risk Management Risk Cost-Benefit Technology 138

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.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

CIO Business Intelligence

NOVEMBER 21, 2023

After all, 41% of employees acquire, modify, or create technology outside of IT’s visibility , and 52% of respondents to EY’s Global Third-Party Risk Management Survey had an outage — and 38% reported a data breach — caused by third parties over the past two years.

IT 137

IT Risk Cost-Benefit Risk Management 137

CIO Business Intelligence

DECEMBER 29, 2023

“The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Building and deploying intelligent automation CIOs will need to operate more efficiently by accelerating the benefits of automation.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

MARCH 18, 2024

When it comes to AI, Nafde sees risks in the vendors selected, the business-worthiness of the use case, and the cost of the initiative. The CIO has strategies in place to address all three. It’s a significant danger with significant costs. They don’t grasp how much that can cost,” says Nafde. “We Nafde agrees.

Risk 133

Risk Cost-Benefit Data Processing Testing 133

IBM Big Data Hub

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. Specific types of sourcing minimize costs in different ways.

Cost-Benefit 82

Cost-Benefit Scorecard Risk Recreation/Entertainment 82

Smart Data Collective

JULY 19, 2021

When you decide to relocate or broaden your data center, you need to take into account the costs, operational capability, and security. Benefits Of Data Center Colocation. This is definitely the main reason why enterprises are attracted by data center colo services. Risk Management.

Cost-Benefit 129

Cost-Benefit Risk Management Risk Consulting 129

CIO Business Intelligence

MAY 9, 2022

Many enterprises are struggling to deliver for customers because of a disruptive environment, internal silos, mismanaged data, the pandemic, and inefficient collaboration between companies, despite our increasingly digital world. It includes order collaboration, forecast, capacity, inventory, quality, and cost collaboration with suppliers.

Cost-Benefit 98

Cost-Benefit Forecasting Risk Management Risk 98

CIO Business Intelligence

MARCH 24, 2023

The Data Management Association (DAMA) International defines it as the “planning, oversight, and control over management of data and the use of data and data-related sources.” Data governance framework Data governance may best be thought of as a function that supports an organization’s overarching data management strategy.

Data Governance 142

Data Governance Management Metadata Data Quality 142

CIO Business Intelligence

MAY 9, 2024

We also explored their leadership philosophies and the unique power and benefits that come from a strong CIO-CISO relationship. How much does it cost and what does it cost to run it? Why is this important and what are the benefits? What does it take for you to build the capability? How long will it take?

Cost-Benefit 116

Cost-Benefit Technology Risk Risk Management 116

CIO Business Intelligence

APRIL 11, 2022

Unfortunately, within many enterprises, however, management’s perception of CIOs remains firmly embedded in the past. It’s up to CIOs themselves to expand their role in the enterprise by moving into business areas once considered off-limits or, until recently, didn’t even exist. Position yourself as a change agent.

Cost-Benefit 119

Cost-Benefit Digital Transformation Strategy Consulting 119

CIO Business Intelligence

JULY 13, 2023

As technology innovators, we all must take responsibility and develop strategies to impact meaningful change. Enterprise IT is contributing significantly to the world’s carbon footprint. By 2025, Enterprise IT will have the equivalent carbon footprint of 463 million passenger vehicles driven for one year. Environment.

IT 98

IT Internet of Things Strategy IoT 98

AWS Big Data

FEBRUARY 1, 2024

The solution should be scalable, cost-efficient, and straightforward to adopt and operate. Amazon Redshift features like streaming ingestion, Amazon Aurora zero-ETL integration , and data sharing with AWS Data Exchange enable near-real-time processing for trade reporting, risk management, and trade optimization.

Data Warehouse 126

Data Warehouse Dashboards Risk Management Risk 126

IBM Big Data Hub

JULY 27, 2023

To navigate these challenges, industry players are turning to enterprise asset management (EAM) solutions. EAM is an invaluable tool that allows oil and gas companies to manage physical assets and infrastructure throughout their lifecycles—from design and procurement to maintenance and disposal.

Cost-Benefit 58

Cost-Benefit IoT Internet of Things Enterprise 58

Ontotext

JULY 6, 2023

In today’s fast changing environment, enterprises that have transitioned from being focused on applications to becoming data-driven gain a significant competitive edge. Changing the game with knowledge graphs So how does knowledge graph technology help enterprises in the Financial Services Industry become data-driven?

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

IBM Big Data Hub

JANUARY 29, 2024

Business continuity and disaster recovery plans are risk management strategies that businesses rely on to prepare for unexpected incidents. As the results of bad BCDR like data loss and downtime become more and more expensive, many enterprises are adding to their existing investments.

Cost-Benefit 90

Cost-Benefit Risk Enterprise Advertising 90

CIO Business Intelligence

MARCH 9, 2023

IT leaders may find that prices are going up without an accompanying increase in benefits, with technology providers — less dependent on any one industry or geography — taking a harder line on deals, says Achint Arora, a partner in the pricing assurance practice at Everest Group. What’s more, technology contracts are often multilayered.

Cost-Benefit 116

Cost-Benefit Risk Uncertainty Technology 116

Smart Data Collective

APRIL 21, 2022

The market for AI is growing due to its obvious benefits. Many of them have utilized many management programs but finding the most best application without the assistance of an experienced consultant can be a challenge. What are application consulting services and can they help with your AI strategy? trillion by 2030.

Consulting 95

Consulting Cost-Benefit Software Machine Learning 95

CIO Business Intelligence

MARCH 13, 2024

Gen AI and customer service Customer service is one of the top use cases for gen AI, and as vendors continue to add tools to their platforms, it gets increasingly easy for enterprises to implement them. But the biggest benefit was to new and lower-skilled workers, who saw a 34% improvement.

IT 128

IT Consulting Testing Cost-Benefit 128

CIO Business Intelligence

APRIL 1, 2022

As a growing number of enterprises are coming to learn, this is critical as they vie for business in increasingly competitive markets. A sustainable value chain also offers significant business benefits, including potential cost savings and reputation enhancement. Cost reduction. Avoiding company brand damage.

Cost-Benefit 52

Cost-Benefit Risk Risk Management Manufacturing 52

CIO Business Intelligence

DECEMBER 5, 2022

Project management steps Project management is broken down into five phases or life cycle. Each phase intersects with any of 10 knowledge areas, which include: integration, scope, time, cost, quality, human resources, communication, risk procurement, and stakeholder management. Budget for surprises.

Management 134

Management Cost-Benefit Key Performance Indicator Software 134

Smart Data Collective

DECEMBER 17, 2021

Critical data, whether for enterprises or individuals, is literally critical. At least, the painstaking efforts accumulated will be wasted, which will seriously affect the regular operation of the enterprise and cause huge losses to the business. Benefits of cloud backup. You have to take steps to protect it from data loss.

Cost-Benefit 103

Cost-Benefit Measurement Big Data ROI 103

Ontotext

APRIL 6, 2023

For some time, the manufacturing industry has been benefiting significantly from knowledge graph technology. There is an overwhelming amount of standardization efforts and reference initiatives, which double down on the benefit from the knowledge graph approach. But the benefits of knowledge graphs don’t stop there.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

erwin

SEPTEMBER 17, 2020

It’s paramount that organizations understand the benefits of automating end-to-end data lineage. Critically, it makes it easier to get a clear view of how information is created and flows into, across and outside an enterprise. Here are six benefits of automating end-to-end data lineage: Reduced Errors and Operational Costs.

Cost-Benefit 143

Cost-Benefit Data Governance Metadata Reporting 143

Smart Data Collective

MAY 25, 2023

Recent statistics indicate that 43% of cyberattacks target small businesses, and 60% of the attacked enterprises go out of business in six months. Additionally, cybercrime costs SMEs over $2.2 A cybersecurity strategy is essential for protecting employees, corporate, and customers’ confidential data. million yearly.

Internet of Things 90

Internet of Things Cost-Benefit Risk Software 90

CIO Business Intelligence

APRIL 13, 2023

Gartner projects that spending on information security and risk management products and services will grow 11.3% To better focus security spend, some chief information security officers (CISOs) are shifting their risk assessments from IT systems to the data, applications, and processes that keep the business going. “If

IT 111

IT Cost-Benefit Risk Consulting 111

IBM Big Data Hub

JUNE 29, 2023

By having real-time data at their fingertips, decision-makers can adjust their strategies, allocate resources accordingly, and capitalize on the unexpected spike in demand, ensuring customer satisfaction while maximizing revenue. What are the benefits of Integrated Business Planning process?

Key Performance Indicator 80

Key Performance Indicator Forecasting Data Integration Sales 80

CIO Business Intelligence

DECEMBER 8, 2022

The technology stack is complemented by professional services from strategy through to execution to ensure that the data is actionable and that there is a clear ROI. One of the biggest challenges of IoT is proving ROI,” says Devin Yaung, SVP, Group Enterprise IoT Products and Services at NTT. Edge Computing.

IoT 101

IoT ROI Cost-Benefit Risk 101

John Wheeler

OCTOBER 21, 2019

A common theme is the need for greater risk quantification beyond the realm of traditional, qualitative governance, risk and compliance (GRC) approaches. Digital Risk Management – Gartner. 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

SEPTEMBER 20, 2023

You’ve failed to build trust and communicate the vision Tina Behers, vice president of enterprise agility at Aligned Agility, shared two key prerequisites organizations need to execute digital transformation initiatives with agile methodologies. “If They are afraid of failure and the uncertainty of knowledge work, and so that’s stressful.

Digital Transformation 135

Digital Transformation Uncertainty Metrics Business Objectives 135

Decision Management Solutions

APRIL 23, 2019

in which he states there are only three levers of value in insurance: Sell More, Manage Risk Better (aka underwriting and adjusting), and Cost Less to Operate. Let’s dive into greater detail on the second lever – Manage Risk Better. Insurers can also manage risk more effectively through continuous improvement.

Insurance 69

Insurance Risk Technology Management 69

BizAcuity

JULY 26, 2021

According to the 2019 report by Flexera enterprises with a hybrid strategy grew to 58% in 2019 from 51% in 2018. A hybrid cloud environment aids in workload mobility, integration, and management across multiple computing environments. Reduced costs . Improved security and risk management. Hardware costs.

IT 52

IT Cost-Benefit Data Processing Risk 52

CIO Business Intelligence

MAY 24, 2024

GRC certifications validate the skills, knowledge, and abilities IT professionals have to manage governance, risk, and compliance (GRC) in the enterprise. What are GRC certifications?

Risk 105

Risk Risk Management Management Enterprise 105

datapine

MARCH 31, 2022

This all-encompassing branch of online data analysis is a particularly interesting field because its roots are firmly planted in two separate areas: business strategy and computer science. Problem-solving : BI isn’t just about analyzing data; it’s also about creating business strategies and solving real-world business problems with that data.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

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.

IT 131

IT Digital Transformation Consulting Technology 131

Octopai

FEBRUARY 21, 2022

There’s no denying the immense benefits that cloud computing can bring to data management: easier scalability, reduced cost of IT operations, improved performance… the list goes on. But in order to reap those enviable benefits, you have to do something not-so-enviable: Migrate. Well, maybe. 1) Plan it out.

Recreation/Entertainment 78

Recreation/Entertainment Cost-Benefit ROI Reporting 78