CIO Business Intelligence

MARCH 6, 2024

Multiple attacks on well-known manufacturers have ended with huge expenses, including Austrian aerospace parts maker, FACC AG, which lost $61 million thanks to a phishing scam , and Norsk-Hydro , which was hit by a ransomware attack that cost $75 million. The first is the ability to get to ROI faster. To learn more, visit us here.

ROI 126

ROI Manufacturing Cost-Benefit IoT 126

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 94

Management Cost-Benefit Optimization ROI 94

IBM Big Data Hub

NOVEMBER 20, 2023

An organization is only as strong as its talent pool, so organizations have increasingly embraced talent management as a core component of their overarching strategy. Talent management, which often encompasses talent development , recruitment, onboarding and other facets of the employee lifecycle, is essential for keeping top talent happy.

Strategy 111

Strategy Management Cost-Benefit Consulting 111

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. Enhanced Supply Management. Increased Customer Growth.

ROI 116

ROI Marketing Data Analytics Analytics 116

Smarten

MARCH 6, 2022

Business managers, owners and senior executives really want to do the right thing! A business manager, IT team or executive team knows well how difficult it is to engender change in the organization and, if you are asking a team member to learn a difficult, new software product, it is not likely you will be successful.

Business Intelligence 76

Business Intelligence ROI Analytics Digital Transformation 76

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 92

Management Analytics Cost-Benefit Analytics Technologies 92

Smart Data Collective

AUGUST 3, 2023

Its implementation offers numerous benefits and applications that streamline operations and enhance efficiency. Fleet administration includes vehicle maintenance, fuel tracking, and driver management. Fleet managers increasingly turn to cutting-edge technologies to boost productivity and save costs.

Technology 84

Technology Management Cost-Benefit Manufacturing 84

CIO Business Intelligence

MARCH 25, 2024

And they want to know exactly how much return on investment (ROI) can be expected when IT leaders make technology-related changes. CFOs have grown comfortable with the traditional project-based approach, through which they believe they get a better handle on spend certainty and a better sense of ROI.

Modeling 124

Modeling Cost-Benefit IT ROI 124

Smart Data Collective

MAY 28, 2019

They are able to use analytics and other data insights to bolster customer service, reduce marginal operating costs and scale production. One of the biggest benefits of big data is in the arena of digital marketing. Big Data Drives the ROI of Digital Marketing. Cost-effectiveness. Here are some factors to be aware of.

ROI 87

ROI Big Data Marketing Advertising 87

Alation

FEBRUARY 14, 2023

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? To learn more about how Alation can help you show ROI from your date governance, schedule a personalized demo today. The post What’s Your Data Governance ROI?

Data Governance 52

Data Governance ROI Metrics Cost-Benefit 52

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. Realizing ROI and value Identifying the challenges and subsequent quantification of solutions can be a powerful tactic for justifying future projects. Managed IT Services

Strategy 111

Strategy ROI IT Cost-Benefit 111

datapine

OCTOBER 17, 2019

Management reporting is a source of business intelligence that helps business leaders make more accurate, data-driven decisions. In this blog post, we’re going to give a bit of background and context about management reports, and then we’re going to outline 10 essential best practices you can use to make sure your reports are effective.

Reporting 263

Reporting Management Dashboards KPI 263

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

MARCH 16, 2022

The move to Value Stream Management (VSM) is a prime example of this. A recent report found that 99% of organizations believe VSM provides key benefits, including accelerated delivery, improved transparency, reduced silos, and more.[1] 1] Given the promise, it seems clear the adoption of VSM is set to accelerate. Conclusion.

Management 98

Management Cost-Benefit Insurance ROI 98

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

MARCH 14, 2024

However, while embracing hybrid cloud might be intrinsic, clients continually seek to derive business value and higher return on investment (ROI) from their investments. The lack of ROI progress can be attributed to several factors, including slow adoption, unrealized use cases and unaddressed cloud sprawl.

ROI 78

ROI Business Objectives Cost-Benefit Enterprise 78

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 80

Strategy Management Cost-Benefit IoT 80

CIO Business Intelligence

FEBRUARY 28, 2024

The traditional method of managing routers at each branch is replaced by a central controller overseeing all routers. SD-WAN emerges as a game-changer in this context, offering intelligent traffic management and enhanced high availability.

Cost-Benefit 98

Cost-Benefit Digital Transformation ROI Strategy 98

CIO Business Intelligence

JANUARY 25, 2023

To fully harness the benefits of modern network architectures, network operations teams need a deep understanding of how these systems perform. To be successful, teams must enhance their operational awareness and gain comprehensive visibility into the performance of both internal networks and those managed by third parties.

IT 98

IT Cost-Benefit ROI Software 98

CIO Business Intelligence

JANUARY 10, 2024

Migrating infrastructure and applications to the cloud is never straightforward, and managing ongoing costs can be equally complicated. Plus, you need to balance the FinOps team’s need for autonomy against the CIO’s need for centralized control to gain economies of scale and avoid runaway costs. Then there’s housekeeping.

Cost-Benefit 124

Cost-Benefit Measurement Optimization Metrics 124

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 Do you provide indemnification in case of patent litigation?

ROI 52

ROI Cost-Benefit Testing Risk 52

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 Digital Transformation ROI 138

datapine

APRIL 13, 2021

But how do you manage all your new clients while still focusing on giving them a good service and their expected results? Starting with its definition, following with the benefits of agency reports, a list of tools, and a set of agency dashboard examples. Explore our 14 days free trial & benefit from interactive agency reports!

Dashboards 256

Dashboards Reporting Analytics Cost-Benefit 256

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

Smarten

FEBRUARY 3, 2023

Client is a leading Highway Toll Plaza Management Company, with a large portfolio of road projects and an order book value of USD 1.6 The Smarten team successfully implemented an Smarten Business Intelligence solution for Toll Plaza Management in less than three weeks. Distribution of reports to users in appropriate formats.

KPI 52

KPI Management Analytics Dashboards 52

IBM Big Data Hub

DECEMBER 14, 2023

For example, looking at the IBM Sustainability Software portfolio , you’ll notice that many of these solutions will deliver ROI to your business while also having positive environmental impact. There’s the double benefit of cost-efficiency and sustainability. This doesn’t just relate to big business.

Cost-Benefit 76

Cost-Benefit Advertising ROI Business Objectives 76

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. Creating a customized ROI framework In generative AI, ROI calculation methods are not mature or standardized, nor are comparative benchmarks often available.

Cost-Benefit 91

Cost-Benefit ROI Modeling Testing 91

CIO Business Intelligence

MAY 23, 2022

Enterprises moving their artificial intelligence projects into full scale development are discovering escalating costs based on initial infrastructure choices. Many companies whose AI model training infrastructure is not proximal to their data lake incur steeper costs as the data sets grow larger and AI models become more complex.

Experimentation 137

Experimentation Cost-Benefit Data Lake Data Science 137

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 Cost-Benefit ROI Software 145

CIO Business Intelligence

APRIL 19, 2024

Companies buying the marketing hype about the benefits of AI need to look for proofs of concept, added Mark McDonald, a distinguished vice president analyst at Gartner. AI promises cost savings, productivity improvements, and better customer experiences, but CIOs need to figure out how to calculate the ROI , McDonald said.

IT 132

IT Software Cost-Benefit ROI 132

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 95

Digital Transformation ROI Cost-Benefit Reporting 95

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. I need one managing data and orchestrating the OEM platform base to drive business results.”

Strategy 140

Strategy IT Digital Transformation ROI 140

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. They buy according to customer value, that is, the difference between the benefits a company gives customers and the price it charges. Value is all about the cost/benefit analysis.

Optimization 52

Optimization Cost-Benefit ROI Data-driven 52

Smarten

MAY 5, 2023

Embedded BI Goes Beyond Technology ROI to Improve Clarity, Agility and Productivity! If your organization hasn’t considered Embedded Business Intelligence (BI), it may be time for you to acknowledge the benefits and begin the process of integrating Embedded BI into your technology and business process strategy.

ROI 67

ROI Cost-Benefit Software Reporting 67

Cloudera

OCTOBER 30, 2023

The main challenges are pointed out as a lack of resources/expertise, security, and from a different perspective, cloud cost management. Besides the advantages and changes in the technical aspects cloud brings, it imposes a paradigm shift from the traditional way of managing costs and procurement. Why FinOps?

Analytics 74

Analytics Cost-Benefit ROI Business Objectives 74

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

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