CIO Business Intelligence

MARCH 9, 2023

In an IT marketplace marked by turbulence, inflation, and economic uncertainty, the process of contracting with vendors for technology products and services has gotten significantly more challenging for CIOs. Pricing models and metrics can also be complex, making it difficult to understand when additional costs might kick in, Alexander says.

Cost-Benefit 116

Cost-Benefit Risk Uncertainty Technology 116

CIO Business Intelligence

MARCH 14, 2022

Hubbard defines measurement as: “A quantitatively expressed reduction of uncertainty based on one or more observations.”. This acknowledges that the purpose of measurement is to reduce uncertainty. And the purpose of reducing uncertainty is to make better decisions. I call this point data saturation. That’s fast.

Uncertainty 105

Uncertainty Measurement Cost-Benefit Optimization 105

IBM Big Data Hub

APRIL 18, 2024

While these large language model (LLM) technologies might seem like it sometimes, it’s important to understand that they are not the thinking machines promised by science fiction. Most experts categorize it as a powerful, but narrow AI model. A key trend is the adoption of multiple models in production.

Cost-Benefit 96

Cost-Benefit Modeling Manufacturing Interactive 96

CIO Business Intelligence

JUNE 8, 2022

Due to high costs and elevated risk, organizations that rely on mainframes cannot afford to completely make the switch to the cloud. Re-platforming involves removing mainframe infrastructure entirely and replace it with cloud models. Benefits outside of IT. Modernize, not re-platform.

Digital Transformation 98

Digital Transformation Cost-Benefit Uncertainty Software 98

CIO Business Intelligence

SEPTEMBER 20, 2023

Equally important, the documented vision is a tool for agile teams to make implementation decisions when there are multiple ways to solve problems, each with different benefits and tradeoffs. They are afraid of failure and the uncertainty of knowledge work, and so that’s stressful.

Digital Transformation 135

Digital Transformation Uncertainty Metrics Business Objectives 135

erwin

MAY 6, 2020

In these times of great uncertainty and massive disruption, is your enterprise data helping you drive better business outcomes? The COVID-19 pandemic has forced organizations to tactically adjust their business models, work practices and revenue projections for the short term. Ensure company-wide data compliance (reduce risks).

Cost-Benefit 94

Cost-Benefit Data Governance Uncertainty Data-driven 94

erwin

AUGUST 13, 2020

Today, enterprises are trying to grow and innovate – while cutting costs and managing compliance – in the midst of a global pandemic. managing risk vs ROI and emerging countries)? Compliance and Legislation : How do we manage uncertainty around legislative change (e.g., But what does enterprise architecture success look like?

Enterprise 143

Enterprise Cost-Benefit Uncertainty ROI 143

BizAcuity

MARCH 18, 2019

The consumer lending business is centered on the notion of managing the risk of borrower default. Credit scoring systems and predictive analytics model attempt to quantify uncertainty and provide guidance for identifying, measuring and monitoring risk. Benefits of Predictive Analytics in Unsecured Consumer Loan Industry.

Predictive Analytics 83

Predictive Analytics Analytics Cost-Benefit Data mining 83

CIO Business Intelligence

FEBRUARY 24, 2023

VMware Tanzu Labs partners with organizations worldwide to accelerate the delivery of software and modernize legacy apps, while reducing operating costs and risk working side by side with customers to build capabilities, transfer skills and knowledge, and instill a process that shows immediate and lasting impact. government.

Software 119

Software Uncertainty Risk Cost-Benefit 119

CIO Business Intelligence

JULY 7, 2023

As an IT management framework, ITIL can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. ITIL certification is near the top of almost every list of must-have IT certifications, and for good reason.

Cost-Benefit 98

Cost-Benefit Strategy Management Uncertainty 98

Jedox

OCTOBER 8, 2020

It’s about the preparation for a range of possible outcomes, the likelihood of each outcome, and developing corresponding strategies to maximize the long-term benefit. We are currently operating in an environment with a very high (if not the highest ever) level of VUCA, (Volatility, Uncertainty, Complexity, Ambiguity).

Uncertainty 75

Uncertainty Cost-Benefit Unstructured Data Data-driven 75

datapine

MAY 31, 2022

3) Cloud Computing Benefits. It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

Sisense

MARCH 26, 2020

Now is the time to apply the full force of business intelligence used by analytics teams to help navigate growing uncertainty. Now is the time to apply the full force of business intelligence used by analytics teams to help navigate growing uncertainty.” Evan Castle, Sisense Head of BI & Analytics Products. While many U.S.

Management 91

Management Cost-Benefit Uncertainty Digital Transformation 91

CIO Business Intelligence

NOVEMBER 3, 2023

This overall lack of engagement leads to a sense of detachment, increasing the risk that many in your department may quit or completely check-out in their role. The benefits of curbing burnout in your organization include better retention, easier recruitment, improved productivity, and better efficiency from your workforce.

IT 133

IT Reporting Uncertainty Cost-Benefit 133

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. During times of uncertainty, business leaders need to be able to assess the situation rapidly and move decisively to survive and thrive. Shifting Business Models.

ROI 59

ROI Uncertainty Finance Cost-Benefit 59

CIO Business Intelligence

JULY 31, 2023

1 question now is to allow or not allow,” says Mir Kashifuddin, data risk and privacy leader with the professional services firm PwC US. Rapidly evolving risks Companies that have blocked the use of gen AI are finding that some workers are still testing it out. How has, say, ChatGPT hit your business model?”

Strategy 98

Strategy Risk Enterprise Risk Management 98

Jet Global

JULY 23, 2020

Fortunately, the level of uncertainty has fallen considerably, as many businesses are beginning to re-open, albeit with some restrictions and under capacity restrictions. Such tools have benefits beyond this crisis, however. Keep a Close Eye on Liquidity. Exposure to bad debts is potentially higher now than any time in recent memory.

Uncertainty 95

Uncertainty Finance Cost-Benefit Reporting 95

Timo Elliott

MARCH 6, 2023

He explains that automation and innovation have become critical as the world experiences supply chain disruptions, inflation, extreme weather events, worker shortages, and uncertainty. He also mentions ASR Group using machine learning to optimize routes for sugar delivery to their 600 customers, reducing logistics costs.

Machine Learning 111

Machine Learning Cost-Benefit Uncertainty ROI 111

CIO Business Intelligence

FEBRUARY 13, 2023

Multi-cloud, however, is not just mission-effective, but cost-effective as well, allowing federal agencies the freedom to shop around to determine the best and most transparent fit for their own environments. This means future IT and data management models will take a hybrid approach. Securities Act of 1933, as amended.

IT 59

IT Uncertainty Sales Risk 59

Cloudera

OCTOBER 21, 2020

Today’s models, norms, and averages are being re-written on the fly, with insurers forced to cope with the inevitable conflict between old standards and the new normal. . Along the way, tried and tested models and processes are proving unreliable, triggering an evolution in the insurance industry. COVID-19 COMPLICATIONS AND MORE.

Insurance 71

Insurance Unstructured Data Digital Transformation Cost-Benefit 71

CIO Business Intelligence

OCTOBER 31, 2022

We agreed multi-cloud solutions meet this need, ultimately improving performance and strengthening resilience at a lower cost. We discussed the increasing need for financial institutions to adopt innovative solutions and ensure legacy infrastructure is efficient and secure. Securities Act of 1933, as amended.

Uncertainty 97

Uncertainty Risk Reporting Marketing 97

Cloudera

NOVEMBER 19, 2018

Sustainable development benefits corporations that embrace it as well as benefitting the world-wide community. Formerly characterized as a company’s ability to steadily increase its earnings, “sustainability” has more recently been applied in a broader sense to a company’s ability to thrive in the long term.

Digital Transformation 40

Digital Transformation IoT Cost-Benefit Uncertainty 40

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.

Cost-Benefit 293

Cost-Benefit Advertising ROI Machine Learning 293

CIO Business Intelligence

MARCH 10, 2023

Digital transformation has brought significant adoption of new technology and business models, including cloud solutions, e-commerce platforms, smart devices, and a significantly more distributed workforce. These, in turn, have brought with them an increase in new threats, risks, and cybercrime.

Digital Transformation 143

Digital Transformation Cost-Benefit ROI Risk 143

CIO Business Intelligence

JUNE 8, 2022

Digital disruption, global pandemic, geopolitical crises, economic uncertainty — volatility has thrown into question time-honored beliefs about how best to lead IT. If people need to go through multiple layers of approvals, they run the risk of building a very inefficient system. Focus on value as well as cost.

IT 133

IT Cost-Benefit Uncertainty Digital Transformation 133

CIO Business Intelligence

FEBRUARY 9, 2023

Yet without consistent, comprehensive management across all clouds – private, hybrid, public, and even edge – the intended benefits of multi-cloud adoption may backfire. Siloed teams and the sprawl of management solutions can also result in a lack of visibility into cloud costs. Complexity is the enemy of cost optimization.

Cost-Benefit 59

Cost-Benefit Uncertainty Risk Optimization 59

Cloudera

NOVEMBER 18, 2021

Every one of our 22 finalists is utilizing cloud technology to push next-generation data solutions to benefit the everyday people who need it most – across industries including science, health, financial services and telecommunications. And with petabytes of data, both time and cost were significant barriers to analysis.

Data Lake 74

Data Lake Cost-Benefit Digital Transformation Risk 74

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

Others argue that there will still be a unique role for the data scientist to deal with ambiguous objectives, messy data, and knowing the limits of any given model. This classification is based on the purpose, horizon, update frequency and uncertainty of the forecast. If the costs of prediction error are asymmetric (e.g.

Forecasting 113

Forecasting Data Science Statistics Uncertainty 113

Jet Global

OCTOBER 21, 2020

The way we perceive business risk, and how we manage it, is fundamentally different for every finance leader on the planet. Even the most careful and diligent financial planning process is vulnerable, running the risk of being obsolete. The past few months have shown the benefits of continuous planning. Why change the process?

Forecasting 98

Forecasting Finance Business Driver Key Performance Indicator 98

Domino Data Lab

JUNE 23, 2019

This talk will describe how you can navigate all these challenges that you’re going to face and build a business where every product interaction benefits from your investment in machine learning. When we shipped an algorithm update, when we improved the model, you would see a step function change in that growth.

Management 110

Management Machine Learning Experimentation Metrics 110

Sisense

JULY 29, 2021

The flexible booking model allows users to capture additional revenue from unsold rooms and give them greater ability to pivot as conditions demand. This reduces the cost of cash distribution for banks and eases in-store cash management for merchants. Users can withdraw cash from a participating shop using their smartphone.

Insurance 52

Insurance Marketing Uncertainty Reporting 52

CIO Business Intelligence

FEBRUARY 12, 2024

On one hand, 76% of IT leaders agree that genAI will be significant if not transformative in boosting productivity, streamlining processes and reducing costs for their organizations, according to a Dell survey. High-quality data will be the oil that makes your models hum. Some of this will hinge on what you want your model to do.

IT 137

IT Consulting Cost-Benefit Uncertainty 137

Jet Global

JANUARY 31, 2022

The traditional approach to budgeting calls for a standard uplift from the prior year’s numbers, followed by some adjustments to account for shifting priorities or rapidly rising costs in one category or another. They, in turn, rely on key players within their departments for input on costs, commitments, timelines, and expected outcomes.

Forecasting 52

Forecasting Recreation/Entertainment Finance Software 52

Jet Global

JUNE 28, 2022

We’re also seeing greater volatility in global events, uncertainty in global trade policies, and more. The pandemic demanded greater agility as well, as a wave of relief programs and special tax provisions required tax professionals to pivot quickly to deliver maximum benefits to their organizations. A unified view is critical.

Software 52

Software Forecasting Reporting Finance 52