CIO Business Intelligence

OCTOBER 23, 2024

CIOs are under increasing pressure to deliver meaningful returns from generative AI initiatives, yet spiraling costs and complex governance challenges are undermining their efforts, according to Gartner. hours per week by integrating generative AI into their workflows, these benefits are not felt equally across the workforce.

Enterprise 141

Enterprise Cost-Benefit Broadcasting Risk 141

CIO Business Intelligence

DECEMBER 10, 2024

Set clear, measurable metrics around what you want to improve with generative AI, including the pain points and the opportunities, says Shaown Nandi, director of technology at AWS. In HR, measure time-to-hire and candidate quality to ensure AI-driven recruitment aligns with business goals.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

David Menninger's Analyst Perspectives

APRIL 30, 2025

Contact centers are very good at measuring the speed and volume of interactions, using legacy key performance indicators like handle time, speed of answer, hold time and first-contact resolution. One, they give managers a way to control the costs of service delivery (mainly in headcount) and adjust in near real time.

Measurement 130

Measurement Cost-Benefit Key Performance Indicator Metrics 130

DataKitchen

NOVEMBER 27, 2024

For example, metrics like the percentage of missing values help measure completeness, while deviations from authoritative sources gauge accuracy. Benefits and Challenges of The Data Quality Dimension Approach Data quality dimensions are often heralded as foundational principles for evaluating and improving data quality.

Data Quality 215

Data Quality Dashboards Metrics Cost-Benefit 215

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). He suggests, “Choose what you measure carefully to achieve the desired results.

Measurement 141

Measurement Digital Transformation KPI Metrics 141

CIO Business Intelligence

JANUARY 21, 2025

But alongside its promise of significant rewards also comes significant costs and often unclear ROI. For CIOs tasked with managing IT budgets while driving technological innovation, balancing these costs against the benefits of GenAI is essential.

Cost-Benefit 98

Cost-Benefit ROI Measurement Strategy 98

AWS Big Data

NOVEMBER 27, 2024

domains on C/M/R 7i instances , you can gain up to 51% in vector search performance at no additional cost compared to previous R5 Intel instances. However, vector search is computationally intensive, and higher compute and memory requirements can lead to higher costs than traditional search. When you run OpenSearch 2.17

Cost-Benefit 122

Cost-Benefit Machine Learning Optimization Software 122

CIO Business Intelligence

JULY 2, 2025

From large multinationals to SME innovators, many organizations are already generating measurable value from AI and share a pragmatic framework for CIOs: focus on the right use cases, lean into cultural readiness, measure impact creatively, and design for evolution. We evaluate the cost, benefits, and suitability,” he says.

Strategy 134

Strategy ROI Experimentation Cost-Benefit 134

O'Reilly on Data

SEPTEMBER 15, 2020

AI Benefits and Stakeholders. AI is a field where value, in the form of outcomes and their resulting benefits, is created by machines exhibiting the ability to learn and “understand,” and to use the knowledge learned to carry out tasks or achieve goals. AI-generated benefits can be realized by defining and achieving appropriate goals.

Advertising 362

Advertising Cost-Benefit ROI Machine Learning 362

ScienceSoft

JUNE 13, 2025

Patient engagement is associated with numerous benefits. Among other benefits, research shows that engaged patients tend to have better health outcomes, lower hospitalization rates (12.5% decrease), and lower medical costs (5.3% decrease), and lower medical costs (5.3% Ask our experts!

Measurement 52

Measurement Metrics Consulting Cost-Benefit 52

CIO Business Intelligence

JANUARY 21, 2025

CIOs were given significant budgets to improve productivity, cost savings, and competitive advantages with gen AI. CIOs feeling the pressure will likely seek more pragmatic AI applications, platform simplifications, and risk management practices that have short-term benefits while becoming force multipliers to longer-term financial returns.

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

DataFloq

JUNE 10, 2025

High-Impact Use Cases Drive Value: Prioritize GenAI applications that offer significant return on investment, focusing on areas like content creation, coding, and customer service automation for immediate and measurable gains. Frequently Asked Questions (FAQ) What is generative AI and how does it benefit businesses?

Cost-Benefit 105

Cost-Benefit Risk Management Business Objectives ROI 105

datapine

AUGUST 19, 2020

Inventory metrics are indicators that help you monitor, measure, and assess your performance – and thus, give you some keys to optimize your processes as well as improve them. Among other things, they help in improving on-time deliveries, in reducing operating costs, in increasing customer satisfaction, or in optimizing transport.

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

David Menninger's Analyst Perspectives

MAY 21, 2025

Consider a discovery meeting in which the buyer articulates cost reduction goals and cites a two-month deployment window. Customer success and product teams benefit as well. When evaluating any AI software provider, ignore sales and marketing hype and question the measurable business impact. Rumors of CRMs demise are premature.

Sales 147

Sales Measurement Data-driven Dashboards 147

CIO Business Intelligence

OCTOBER 29, 2024

Kar advises taking a measured approach to system modernization. Identify the benefits and ensure that you keep business value at the forefront.” Ganoorkar also recommends setting priorities based on business impact, cost, complexity, and risk.

IT 139

IT Cost-Benefit Strategy Risk 139

CIO Business Intelligence

NOVEMBER 19, 2024

Generative AI (GenAI) is rapidly emerging as a game changer for enterprises, but turning its potential into measurable value remains a significant challenge. High costs Failing: The infrastructure and computational costs for training and running GenAI models are significant.

Consulting 137

Consulting Cost-Benefit Experimentation Optimization 137

CIO Business Intelligence

OCTOBER 29, 2024

As research suggests, the potential benefits of generative AI (genAI) adoption far outweigh the challenges, making it imperative for businesses to adopt a strategic approach toward scaling their AI implementation while observing guidelines for ESG compliance. Measures progress in reducing outdated or redundant technology systems.

Enterprise 122

Enterprise Cost-Benefit Metrics Strategy 122

CIO Business Intelligence

OCTOBER 23, 2024

If you have modest AI ambitions, in an industry that isn’t being remastered by AI yet, you can afford to go at a more measured pace. But not all employees get the same degree of benefit from using GenAI. In fact, Gartner believes that cost is as big an AI risk as security or hallucinations. This is an AI-steady pace.

Enterprise 135

Enterprise IT Cost-Benefit Measurement 135

CIO Business Intelligence

NOVEMBER 21, 2024

To ensure every IT initiative directly contributes to measurable business outcomes, CIOs must move from operational managers to strategic partners, collaborating with business leaders to align IT decisions with enterprise goals. These metrics might include operational cost savings, improved system reliability, or enhanced scalability.

Strategy 122

Strategy IT Business Objectives Cost-Benefit 122

DataFloq

JULY 8, 2025

Companies implementing intelligent touchpoint optimization see average conversion increases of 45% while reducing operational costs by 30%. The key lies in selecting the right combination of AI solutions that generate comprehensive customer insights while delivering measurable business outcomes across all interaction points.

Interactive 105

Interactive ROI Optimization Metrics 105

datapine

MAY 2, 2023

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. These applications are designed to benefit logistics and shipping companies alike. Did you know?

Big Data 275

Big Data Internet of Things Cost-Benefit Optimization 275

CIO Business Intelligence

DECEMBER 18, 2024

Resilience frameworks have measurable ROI, but they require a holistic, platform-based approach to curtail threats and guide the safe use of AI, he adds. However, CIOs must still demonstrate measurable outcomes and communicate these imperatives to senior leadership to secure investment.

Risk 105

Risk Risk Management Cost-Benefit Measurement 105

datapine

JUNE 5, 2019

Data dashboards provide a centralized, interactive means of monitoring, measuring, analyzing, and extracting a wealth of business insights from relevant datasets in several key areas while displaying aggregated information in a way that is both intuitive and visual. Learn all about data dashboards with our executive bite-sized summary!

Dashboards 316

Dashboards KPI Sales Visualization 316

CIO Business Intelligence

DECEMBER 19, 2024

A well-chosen platform can significantly improve operational efficiency, reduce costs, and drive innovation. Regularly assess and update security measures to mitigate risks. Measure success: Track key performance indicators (KPIs) to evaluate the impact of the platform on business outcomes.

Sales 122

Sales Analytics Key Performance Indicator Prescriptive Analytics 122

datapine

OCTOBER 11, 2023

Keep on reading to learn a definition, benefits, and a warehouse KPI list with the most prominent examples any manager should be tracking to achieve operational success. Now, let’s look at some benefits to keep putting the power of warehouse key performance indicators into perspective. Let’s dive in with the definition.

Metrics 217

Metrics KPI Management Cost-Benefit 217

O'Reilly on Data

FEBRUARY 25, 2025

Benefits over Directly Using ChatGPT The obvious question here is: What are the benefits of using AI chat within Python Tutor rather than pasting your code and question into ChatGPT? Note that the kind of low-cost server I wanted to deploy on didnt have GPUs, so they ran Ollama much more slowly on their CPUs. and Claude 3.5

Cost-Benefit 214

Cost-Benefit Data Processing Visualization Testing 214

CIO Business Intelligence

MAY 30, 2025

By addressing cultural issue first demonstrating how employees can bring AI alive the materials sciences giant has enjoyed an abundance of financial benefits from AI innovations developed in-house. This tool really helped us navigate through that.

Forecasting 105

Forecasting Cost-Benefit Manufacturing Measurement 105

CIO Business Intelligence

JULY 8, 2025

CIOs looking for cost-reduction opportunities should conduct a cost-benefit audit of third-party data sources, review utilization, and quantify risks. Reducing DataOps incidents can be a cost savings for CIOs who integrate many data sources and use data fabrics for centralizing access.

Risk 128

Risk Data Quality Data Governance Unstructured Data 128

KDnuggets

JULY 11, 2025

Cost Optimization and Token Management : Foundation model APIs charge based on token usage, making cost optimization essential for production applications. Understanding how different models tokenize text helps you estimate costs accurately and design efficient prompting strategies.

Machine Learning 126

Machine Learning Testing Data Science Cost-Benefit 126

CIO Business Intelligence

OCTOBER 24, 2024

But recent research by Ivanti reveals an important reason why many organizations fail to achieve those benefits: rank-and-file IT workers lack the funding and the operational know-how to get it done. There are enormous benefits in improving digital employee experience, and DEX remains an area that executive leaders are optimistic about.

IT 119

IT Metrics Cost-Benefit Measurement 119

datapine

JANUARY 21, 2020

As a result, BI can benefit the overall evolution as well as the profitability of a company, regardless of niche or industry. Download here the top benefits cheat sheet, and start reporting! Benefits Of Business Intelligence And Reporting. Let’s see what the crucial benefits are: 1. What Is BI Reporting?

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

CIO Business Intelligence

JANUARY 14, 2025

By articulating fitness functions automated tests tied to specific quality attributes like reliability, security or performance teams can visualize and measure system qualities that align with business goals. Documentation and diagrams transform abstract discussions into something tangible.

Enterprise 119

Enterprise Technology Metrics Measurement 119

CIO Business Intelligence

APRIL 30, 2025

Wereinfusing AI agents everywhereto reimagine how we work and drive measurable value. The study found better oversight of business workflows to be the top perceived benefit of it. She sees potential in using agents to schedule client work and match client requirements with the best-skilled and cost-effective resources.

IT 139

IT Sales Cost-Benefit Data-driven 139

datapine

OCTOBER 7, 2020

Identifying what is working and what is not is one of the invaluable management practices that can decrease costs, determine the progress a business is making, and compare it to organizational goals. What gets measured gets done.” – Peter Drucker. Who will measure it? What is the time interval between measuring?

KPI 269

KPI Metrics Sales Visualization 269

CIO Business Intelligence

JULY 10, 2025

In a survey from Bizzdesign of over 500 EA professionals, nearly half of organizations agree that EA programs help support better alignment of capabilities with strategy, and 30% of organizations plan to measure outcomes to demonstrate the direct benefits of enterprise architecture.

Enterprise 117

Enterprise Cost-Benefit Digital Transformation Strategy 117

CIO Business Intelligence

OCTOBER 22, 2024

Organizations that deploy AI to eliminate middle management human workers will be able to capitalize on reduced labor costs in the short-term and long-term benefits savings,” Gartner stated. “AI By 2028, 40% of large enterprises will deploy AI to manipulate and measure employee mood and behaviors, all in the name of profit. “AI

Enterprise 135

Enterprise Risk IoT Cost-Benefit 135