CIO Business Intelligence

JUNE 6, 2023

The big picture: Modernizing applications can help companies take advantage of the latest technologies, streamline their operations, and stay ahead of the competition. The strongest business cases cite multiple benefits, and it isn’t unusual for application modernization projects to add value in three or more related categories of benefit.

Technology 95

Technology Cost-Benefit Measurement Software 95

O'Reilly on Data

APRIL 23, 2024

The answer can be found in the theory of economic rents, and in particular, in the kinds of rents that are collected by companies during different stages of the technology business cycle. But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. What Is Economic Rent? They start to collect robber baron rents.

Advertising 265

Advertising Cost-Benefit Marketing Risk 265

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. Continuous and dependable funding facilitates IT leaders’ ability to deliver leading-edge technology solutions while not increasing technical debt. How does persistent funding reduce risk?

Modeling 117

Modeling Cost-Benefit IT ROI 117

CIO Business Intelligence

JANUARY 23, 2024

For example, McKinsey suggests five metrics for digital CEOs , including the financial return on digital investments, the percentage of leaders’ incentives linked to digital, and the percentage of the annual tech budget spent on bold digital initiatives. As a result, outcome-based metrics should be your guide.

Measurement 129

Measurement Digital Transformation KPI Metrics 129

CIO Business Intelligence

MAY 1, 2024

For example, a quarter of IT decision-makers in Foundry’s 2023 AI Priorities Study are piloting gen AI technologies, but only 20% have moved on to deployment. This is an incredible technology that can raise productivity, save time, and be a great human assistant,” says Gownder.

Cost-Benefit 139

Cost-Benefit Metrics Insurance Measurement 139

Jet Global

JUNE 30, 2021

A chief executive officer (CEO) key performance indicator (KPI) or metric is a relative performance measure that a CEO will use to make informed decisions. By monitoring financial, operational, and staffing metrics, a CEO is able to identify the strengths and weaknesses of a company and leverage these to their advantage.

Metrics 106

Metrics KPI Dashboards Advertising 106

CIO Business Intelligence

MAY 22, 2024

Finding the return on investment for AI remains elusive for many organizations, even as they rush to adopt the technology. Other top concerns include a lack of talent and skills among employees and a lack of confidence in AI technologies. Nearly half of respondents pointed to challenges with showing its value.

ROI 142

ROI IT Measurement Cost-Benefit 142

Jet Global

OCTOBER 7, 2021

An accounting Key Performance Indicator (KPI) or metric is an explicitly defined and quantifiable measure that the accounting industry uses to gauge its overall long-term performance. However, if DPO is too high it can indicate that the company may have problems paying its bills.DPO = (Accounts Payable / Cost of Goods Sold) x # of Days.

Metrics 110

Metrics Reporting KPI Key Performance Indicator 110

CIO Business Intelligence

FEBRUARY 8, 2024

And how well an IT leader deals with and orchestrates vendor relationships can mean the difference between a well-organized and efficient IT operation and a mess that costs an organization millions of dollars without delivering positive results. A few years ago, supply-chain snags had CIOs looking for new technology,” Beasley says.

Management 128

Management Scorecard Cost-Benefit Key Performance Indicator 128

datapine

OCTOBER 21, 2020

In fact, healthcare analytics has the potential to reduce costs of treatment, predict outbreaks of epidemics, avoid preventable diseases, and improve the quality of life in general. We will then look at 18 big data examples in healthcare that already exist and that medical-based institutions can benefit from.

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364

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. This involves analyzing key metrics like resolution times, ticket volumes, knowledge base usage, and call data.

Strategy 98

Strategy ROI IT Cost-Benefit 98

FineReport

DECEMBER 29, 2021

As technology advances, the use of data-driven dashboards is becoming increasingly important. Metrics dashboards enable you and your team to track the effectiveness of various tactics, campaigns, and processes. Dashboard metrics from FineReport. What is dashboard metrics. It uses a performance metrics dashboard.

KPI 52

KPI Metrics Dashboards Key Performance Indicator 52

datapine

MARCH 8, 2021

Rapid technological evolution means it’s now possible to use accessible and intuitive data-driven tools to our advantage. Explore our 14-day free trial & benefit from great healthcare reports! Healthcare institutions need to run on maximum efficiency across the board—in some cases, it’s literally a matter of life or death.

Reporting 198

Reporting KPI Management Cost-Benefit 198

datapine

MARCH 15, 2019

explore data intelligence technologies, glance at information intelligence, and consider how these activities offer continued value in a real-life business context. The Benefits Of Data Intelligence. Now, let’s look at the primary benefits of data intelligence tools and practices in the world of business.

Technology 143

Technology Cost-Benefit KPI Dashboards 143

IBM Big Data Hub

APRIL 4, 2024

An effective BPM project employs structured processes, uses appropriate technologies and fosters collaboration among team members. Here are some BPM examples that outline the use cases and benefits of BPM methodology: Business strategy BPM serves as a strategic tool for aligning business processes with organizational goals and objectives.

Management 55

Management Cost-Benefit Metrics Consulting 55

IBM Big Data Hub

AUGUST 29, 2023

A superior customer experience (CX) is built on accurate and timely application performance monitoring (APM) metrics. APM solutions typically provide a centralized dashboard to aggregate real-time performance metrics and insights to be analyzed and compared. This is a metric you want to keep in the happy middle.

Metrics 53

Metrics IT Measurement Cost-Benefit 53

AWS Big Data

MARCH 29, 2024

Finally, Nexthink details the benefits achieved by adopting Amazon MSK. The company is shaping the future of work by providing IT leaders and C-levels with insights into employees’ daily technology experiences at the device and application level. We also lacked a data buffer, risking potential data loss during outages.

Cost-Benefit 93

Cost-Benefit Data-driven Metrics Management 93

CIO Business Intelligence

NOVEMBER 21, 2023

Ask IT leaders about their challenges with shadow IT, and most will cite the kinds of security, operational, and integration risks that give shadow IT its bad rep. That’s not to downplay the inherent risks of shadow IT. Following are seven steps to guide this transformation for competitive advantage.

IT 131

IT Risk Cost-Benefit Risk Management 131

Jet Global

MAY 15, 2020

A financial Key Performance Indicator (KPI) or metric is a quantifiable measure that a company uses to gauge its financial performance over time. These three statements are data rich and full of financial metrics. The Fundamental Finance KPIs and Metrics – Cash Flow. What is a Financial KPI? Current Ratio. View Guide Now.

Metrics 98

Metrics Finance Reporting KPI 98

CIO Business Intelligence

NOVEMBER 14, 2023

“Today we face the harsh reality of cloud costs, if not done right,” says Jay Upchurch, executive vice president and CIO at SAS. Without a clear cloud strategy and broad leadership support, even value-adding cloud investments may be at risk. Cloud costs will often — and rapidly — become large line items on budgets.

Strategy 141

Strategy Cost-Benefit IT Key Performance Indicator 141

CIO Business Intelligence

FEBRUARY 29, 2024

Captive centers are no longer just means of value creation, providing cost savings and driving process standardization. As companies have grown comfortable with offshore and nearshore delivery, the captive model offers the opportunity to tap larger populations of lower-cost talent without handing the reins to a third party.

Cost-Benefit 107

Cost-Benefit Risk Modeling Strategy 107

CIO Business Intelligence

JUNE 9, 2023

But head starts don’t need to take years to make a difference, especially in the fast-moving world of technology where the window of opportunity is much shorter. In technology, hesitate, and you may not be able to catch up to your competitors. Without it, organizations incur a significant opportunity cost.

Strategy 107

Strategy Management Key Performance Indicator ROI 107

IBM Big Data Hub

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk.

Strategy 67

Strategy Cost-Benefit Key Performance Indicator Consulting 67

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. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Specific types of sourcing minimize costs in different ways.

Cost-Benefit 80

Cost-Benefit Scorecard Risk Recreation/Entertainment 80

IBM Big Data Hub

FEBRUARY 19, 2024

It includes everything from product development and strategic decision-making to information systems and new technologies. To mitigate these risks , companies need the resources and technology to develop robust contingency plans. But perhaps most relevant today are the capabilities within SCM to help mitigate disruption.

Strategy 83

Strategy Management Forecasting Cost-Benefit 83

datapine

JANUARY 18, 2023

With the use of the right BI reporting tool businesses can generate various types of analytical reports that include accurate forecasts via predictive analytics technologies. Operational reports are commonly used in manufacturing, logistics, and retail as they help keep track of inventory, production, and costs, among others.

Reporting 201

Reporting Metrics Dashboards Visualization 201

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 95

Cost-Benefit Optimization Big Data Metrics 95

O'Reilly on Data

JULY 28, 2020

The first step in building an AI solution is identifying the problem you want to solve, which includes defining the metrics that will demonstrate whether you’ve succeeded. It sounds simplistic to state that AI product managers should develop and ship products that improve metrics the business cares about. Agreeing on metrics.

Marketing 361

Marketing Experimentation Metrics Testing 361

AWS Big Data

MAY 28, 2024

With the addition of Flink support in EMR on EKS, you can now run your Flink applications on Amazon EKS using the EMR runtime and benefit from both services to deploy, scale, and operate Flink applications more efficiently and securely. Amazon EMR on EKS natively integrates tools and functionalities to enable these—and more.

Data Processing 84

Data Processing Cost-Benefit Metadata Optimization 84

datapine

FEBRUARY 17, 2023

Poor-quality data or the mishandling of data can leave businesses at risk of monumental failure. In fact, poor data quality management currently costs businesses a combined total of $9.7 White label business intelligence or white label analytics is the technology used to customize the appearance of third-party BI software.

Analytics 191

Analytics Cost-Benefit Dashboards Business Intelligence 191

Jet Global

MAY 25, 2023

We were delighted to be joined by our client, Savings Bank Life Insurance (SBLI), to discuss the evolution of The Office of the CFO and how technology can support better decision making. One of the main things we’ve done recently is implement OCR technology for scanning our invoices.

Finance 52

Finance Technology Reporting Operational Reporting 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 109

IT Cost-Benefit Risk Consulting 109

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 125

Data Warehouse Dashboards Risk Management Risk 125

CIO Business Intelligence

MARCH 5, 2024

CIOs must also partner with CISOs, legal, human resources, and business leaders to build awareness of policies and develop a generative AI risk management strategy. The ambiguity of what’s working today and which users will benefit is driving some CIOs to ask whether adding Copilot licenses to Microsoft 365 is worth the price.

Cost-Benefit 113

Cost-Benefit Advertising Experimentation Software 113

IBM Big Data Hub

APRIL 25, 2024

This blog outlines some BPR examples that benefit from a BPM methodology. Technologies such as supply chain management software (SCM), enterprise resource planning (ERP) systems, and advanced analytics tools can be used to automate and optimize processes.

Cost-Benefit 58

Cost-Benefit Finance Optimization Key Performance Indicator 58

CIO Business Intelligence

MAY 2, 2023

The uncertain economic environment and rapidly evolving technology landscape have pressured organizations to improve efficiency, innovate, and adapt. Citizen developers are a vital resource for organizations looking to streamline processes, increase efficiency, and reduce costs, whilst supporting business innovation and agile change.

Cost-Benefit 94

Cost-Benefit Risk Enterprise Optimization 94

CIO Business Intelligence

DECEMBER 20, 2023

A key part of building experiences for our customers is doing it quickly and cost-effectively while delivering a great product.” Just as Netflix innovated against Blockbuster with seamless technology development, companies that streamline this process can accelerate market innovation, boosting revenue and profitability,” says Gibson.

Measurement 118

Measurement Software IT Metrics 118