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How to get your CFO to buy into a better model for IT funding

CIO Business Intelligence

Modern digital organisations tend to use an agile approach to delivery, with cross-functional teams, product-based operating models , and persistent funding. But to deliver transformative initiatives, CIOs need to embrace the agile, product-based approach, and that means convincing the CFO to switch to a persistent funding model.

Modeling 124
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8 Examples Of Financial Reports You Can Use For Daily, Weekly, And Monthly Reports

datapine

As a business, you need the reliability of frequent financial reports to gain a better grasp of your financial status, both current and future. A robust finance report communicates crucial financial information that covers a specified period through daily, weekly, and monthly financial reports. What Is A Finance Report?

Reporting 251
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UK Government tests frictionless trade models with Ecosystem of Trust pilots

IBM Big Data Hub

The UK government’s Ecosystem of Trust is a potential future border model for frictionless trade, which the UK government committed to pilot testing from October 2022 to March 2023. The models also reduce private sector customs data collection costs by 40%.

Testing 92
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3 Massive Cost-Saving Benefits of Smart Data for Businesses

Smart Data Collective

For example, they could maximize their employees’ skills or cut production costs. One of the reasons that the market is growing so rapidly is that smart data is improving the quality of data-driven business models. Not only that, but the cost of a bad employee remaining at a company is almost 30% of an employee’s annual salary.

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Rockwell Automation makes shift to ‘as-a-service’ model

CIO Business Intelligence

To do so, Nardecchia and his team sought to incorporate “digital threads” into the company’s hardware and thereby expand its business model beyond manufacturing into software-as-a-service. “We We knew we had to reinvent ourselves and that our business model wasn’t going to be sustained with so many companies moving to software as a service.

Modeling 105
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Data Modeling 101: OLTP data modeling, design, and normalization for the cloud

erwin

How to create a solid foundation for data modeling of OLTP systems. As you undertake a cloud database migration , a best practice is to perform data modeling as the foundation for well-designed OLTP databases. This makes mastering basic data modeling techniques and avoiding common pitfalls imperative. Data modeling basics.

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Subscription economy defies economic headwinds, fuels recurring growth

CIO Business Intelligence

Organizations with subscription-based business models have not only survived the recent global economic challenges but have also outperformed their traditional, product-based counterparts, according to The Subscription Economy Index (SEI) report for 2023 by Zuora. against the latter’s 4.8%.