CIO Business Intelligence

SEPTEMBER 14, 2023

In a rapidly evolving business landscape, where innovation and cost efficiency are paramount, the launch of VMware Cross-Cloud managed services at VMware Explore 2023 Las Vegas is a pivotal moment.

Management 85

Management Cost-Benefit Optimization ROI 85

Smart Data Collective

DECEMBER 15, 2021

But driving sales through the maximization of profit and minimization of cost is impossible without data analytics. Whether marketers intend to reach new customers or persuade the existing ones, here are ways analytics is boosting returns on investment (ROI): 1. Reduced Risks. Enhanced Supply Management.

ROI 117

ROI Marketing Data Analytics Analytics 117

CIO Business Intelligence

OCTOBER 12, 2023

In the business world, service desks are commonly designated as cost centers, a label that can sometimes limit their access to essential resources and support. Additionally, employ the business case as a tool to tackle potential risks and develop strategies for their mitigation. Managed IT Services

Strategy 110

Strategy ROI IT Cost-Benefit 110

Smart Data Collective

JANUARY 25, 2023

While a growing number of construction companies are starting to appreciate the importance of analytics technology, some are still unaware of the benefits. Deloitte released a report on trends in the construction industry, which includes the benefits of analytics. In fact, financial analytics is a booming field.

Management 94

Management Analytics Cost-Benefit Analytics Technologies 94

CIO Business Intelligence

MAY 9, 2024

Driving business benefits Companies seeking CAIOs are looking to reap myriad benefits from AI adoption, ranging from improved decision-making, to increased efficiency of business processes, higher-quality services, profitability, talent management, customer experience, and innovation.

Risk Management 129

Risk Management Risk Cost-Benefit Technology 129

Alation

FEBRUARY 14, 2023

And a data breach poses more than just a PR risk — by violating regulations like GDPR , a data leak can impact your bottom line, too. All of these above metrics track how well governed your organization’s data is, but not the benefit of doing so. What are the benefits of reducing duplicate data?

Data Governance 52

Data Governance ROI Metrics Cost-Benefit 52

Jet Global

JUNE 30, 2020

They get a leg up on the competition, launch new innovations, and benefit as the economy moves back in a positive direction. CFOs have an opportunity to play a key role in positioning their companies for a successful rebound by carefully assessing return on investment (ROI) and helping the C-suite make the right capital investments.

ROI 59

ROI Finance Uncertainty Cost-Benefit 59

IBM Big Data Hub

JUNE 20, 2023

Whether you’re a small enterprise with only a few assets or a large-scale corporation with offices spanning the globe, asset lifecycle management, or ALM, is a fundamental part of your operations. What is asset lifecycle management? Here’s what you need to know in order to build a successful strategy. What is an asset?

Strategy 79

Strategy Management Cost-Benefit IoT 79

Smarten

DECEMBER 20, 2022

SO…when considering options for business intelligence and augmented analytics, your business must satisfy the needs and expectations of your team, or it risks investing in products and solutions that will reap poor return on investment (ROI), poor total cost of ownership (TCO) and poor user adoption.

ROI 52

ROI Cost-Benefit Data-driven Business Intelligence 52

CIO Business Intelligence

MAY 1, 2024

Ready to roll It’s shorter to make a list of organizations that haven’t announced their gen AI investments, pilots, and plans, but relatively few are talking about the specifics of any productivity gains or ROI. million annually, principal program manager for Microsoft Copilot AI Noa Ghersin says.

Cost-Benefit 143

Cost-Benefit Metrics Insurance Measurement 143

CIO Business Intelligence

DECEMBER 4, 2023

Companies typically change Java providers to reduce their total cost of ownership, but they often realize unanticipated benefits including enhanced security readiness, improved performance, and often cloud cost optimization. Application Management These builds have been used in production worldwide for three months.

ROI 52

ROI Cost-Benefit Testing Risk 52

CIO Business Intelligence

JANUARY 3, 2024

If we take the example of bridge inspection, some of these IT systems, or bridge management systems, were first introduced in the late 1980s, leaving a lot to be desired to leverage the latest technology. This can often lead to improvements in efficiency, performance, and cost savings by way of a holistic view of building operations.

Cost-Benefit 134

Cost-Benefit ROI Manufacturing Optimization 134

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 125

ROI Cost-Benefit KPI Uncertainty 125

John Wheeler

OCTOBER 21, 2019

Over the past month, I’ve been speaking to various groups to help them prepare for the onslaught of digital risks in their organizations. A common theme is the need for greater risk quantification beyond the realm of traditional, qualitative governance, risk and compliance (GRC) approaches.

Risk 53

Risk Risk Management Digital Transformation Insurance 53

CIO Business Intelligence

OCTOBER 30, 2023

And this goes for government organizations as well as private corporations, as adaptability enables improved mission effectiveness, improved citizen service, increased operational efficiency, faster response times, the ability to do more with less, and reduced costs.

Digital Transformation 143

Digital Transformation Risk Management IoT Cost-Benefit 143

CIO Business Intelligence

DECEMBER 5, 2023

Some organizations have been innovating, transforming, and growing so fast that they haven’t had time to clear up older cost structures that start getting in the way,” says Stewart Buchanan, research vice president on Gartner’s CIO team. Each dollar of operational cost reduction drips directly to the bottom line.”

IT 138

IT Cost-Benefit ROI Digital Transformation 138

IBM Big Data Hub

OCTOBER 25, 2023

First, technology leaders need to estimate the full financial impact of modernization (versus the cost of not modernizing) across the organization. Look for relatively discrete and low-risk opportunities to explore proof-of-concept implementations. They need to champion modernization as a business initiative, not an IT project.

Cost-Benefit 91

Cost-Benefit ROI Modeling Testing 91

CIO Business Intelligence

MARCH 1, 2024

Cost-cutting remains a major driver, but companies also like the potential to build more resilient and agile organizations. There are plenty of benefits, ranging from the ability to tap specialized talent, to minimizing fixed expenses, to responding more quickly to shifts in the market. Configure and manage? Who’s going to pay?

Enterprise 98

Enterprise IT Cost-Benefit Risk 98

CIO Business Intelligence

AUGUST 23, 2022

By: Amrita Shergill, Account Manager, NaaS and Ecosystem Sales at Aruba, a Hewlett Packard Enterprise Company. Post pandemic trends have accelerated the need for agility in IT, network procurement, and management. Additionally, the NaaS provider removes the traditional challenges of managing/operating networks.

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

IBM Big Data Hub

NOVEMBER 7, 2023

For business leaders exploring ways to apply generative AI within their companies, it can be difficult to discern where to start, what will scale easily and what will deliver the greatest ROI. But the answer may be much simpler than it seems: automation. Now, apply generative AI to the already impactful automation technology.

Digital Transformation 94

Digital Transformation ROI Cost-Benefit Reporting 94

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. It creates more emphasis on 365-degree relationship management, particularly with external partners and vendors and with customers,” Juliano says.

IT 124

IT Digital Transformation ROI Strategy 124

CIO Business Intelligence

JANUARY 23, 2024

What gets measured gets managed, or put another way, your results will be determined by what you are measuring,” says Martin Davis, CIO and managing partner at Dunelm Associates. Keep the number of metrics small and manageable, ideally three or four, and at most seven key ones because people cannot focus on multiple pages of data.”

Measurement 140

Measurement Digital Transformation KPI Metrics 140

CIO Business Intelligence

OCTOBER 6, 2022

As an IT leader, being able to foster innovation not only benefits the IT itself, with greater efficiency, effectiveness and value, but the organization it serves and you personally, as it illustrates your ability to be an internal agent of change, a true business partner, and an asset at the strategy table. It doesn’t work that way.

IT 145

IT ROI Cost-Benefit Software 145

CIO Business Intelligence

JUNE 6, 2023

By using a simple equation, the value calculator provides a quantitative estimate of the potential return on investment (ROI) of a particular initiative. Resilience, risk reduction, and especially business agility are very important too. Value is all about the cost/benefit analysis.

Optimization 52

Optimization Cost-Benefit ROI Data-driven 52

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

Smart Data Collective

JUNE 2, 2022

This is the key to the successful management of any organization through remote mode. E-procurement is all about automated document management. This arguably one of the most important benefits of cloud technology in the modern economy. ROI-Driven Concept. Many companies have started sourcing online. In Conclusion.

Technology 120

Technology ROI Cost-Benefit Forecasting 120

CIO Business Intelligence

JUNE 1, 2023

That’s why democratizing HPC via the cloud—known as Cloud for HPC—can provide significant benefits to all of humankind. The ROI of HPC-driven innovations HPC provides value to most organizations, regardless of industry. Beyond its ROI, HPC is revolutionary for scientists and engineers. HPC Product Manager, Dell Technologies. “In

ROI 108

ROI Cost-Benefit Machine Learning Testing 108

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

MAY 2, 2023

Citizen developers are a vital resource for organizations looking to streamline processes, increase efficiency, and reduce costs, whilst supporting business innovation and agile change. Challenges can also arise in ongoing maintenance and support as the lifecycle of citizen-developed applications may not be rigorously managed.

Cost-Benefit 105

Cost-Benefit Risk Enterprise Optimization 105

Cloudera

AUGUST 30, 2022

The reality is that we cannot take multiple years to realize an ROI as the industry is moving too quickly. Renovating it while realizing incremental ROI — customer or operational benefits — is the pragmatic approach to moving forward. In some cases, firms are surprised by cloud storage costs and looking to repatriate data.

Strategy 104

Strategy Data Strategy ROI Cost-Benefit 104

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. How can I improve my farm management in general to meet my goals? How can I increase yield?

Cost-Benefit 96

Cost-Benefit ROI Digital Transformation Marketing 96

DataRobot Blog

AUGUST 18, 2022

Challenges in inventory management, demand forecasting, price optimization, and more can result in missed opportunities and lost revenue. AI in Supply Chain Management. According to McKinsey & Company, organizations that implement AI improve logistics costs by 15%, inventory levels by 35%, and service levels by 65% 2.

Manufacturing 98

Manufacturing Cost-Benefit Forecasting Data-driven 98

CIO Business Intelligence

APRIL 27, 2022

Identity and Access Management ?(IAM) IAM must be balanced for three things — speed, risk, and usability. However, speed must be balanced with each organization’s unique risks. While the right IAM structure can reduce risk, insufficient IAM can increase risk. . IAM) is the cornerstone of security.

Management 52

Management Risk Contextual Data Cost-Benefit 52

CIO Business Intelligence

FEBRUARY 7, 2024

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. In the wake of managing many new APIs, additional operational overheads are incurred, says Pure Storage’s Bhat.

Business Objectives 124

Business Objectives Cost-Benefit Strategy Data-driven 124

CIO Business Intelligence

SEPTEMBER 28, 2023

From establishing internal customers to instituting charge-backs to insisting on ROI, a lot of this advice looks plausible when viewed from 50,000 feet or more. Insist on ROI Sure, it’s lovely when a proposed project generates a positive financial return on investment all by itself. You have two alternatives. There’s also no point.

IT 126

IT ROI Cost-Benefit Software 126

IBM Big Data Hub

JUNE 29, 2023

When a critical asset like an expensive piece of machinery or infrastructure breaks unexpectedly, it affects customers and can cost companies millions. Enterprises are constantly looking for new ways to optimize performance, increase reliability and extend asset lifespans—all without adding unnecessary costs. What is an asset?

Cost-Benefit 88

Cost-Benefit Measurement Management Predictive Analytics 88

CIO Business Intelligence

AUGUST 16, 2022

As the use of digital twins advances, new possibilities for annuity revenues are opening up as well for AEC firms to manage and maintain infrastructural digital twins for their clients. Digital twin use cases and ROI. This saves time and greatly reduces injury risk. Another use case relates to worker safety.

Visualization 145

Visualization Cost-Benefit IoT ROI 145