CIO Business Intelligence

DECEMBER 20, 2023

At the same time, developers are scarce, and the demand for new software is high. Gartner’s surveys and data from client inquiries confirm that developer productivity remains a top priority for software engineering leaders.” Organizations need to get the most out of the limited number of developers they’ve got,” he says.

Measurement 118

Measurement Software IT Metrics 118

CIO Business Intelligence

DECEMBER 19, 2023

Their steady income stream and relatively low risk compared to equities make them an especially important component of pension and retirement planning. Each type of issuer presents a different level of risk and tax treatment. Bonds are issued by different entities such as governments, municipalities, and corporations.

Risk 52

Risk Cost-Benefit Unstructured Data Data-driven 52

Smart Data Collective

MARCH 27, 2023

billion on AI in 2021 , but small businesses may spend even more on AI-driven financial management software. Some of the benefits of AI in banking include: Banks use AI bots to onboard clients and analyze borrower risk. Many small businesses are investing in AI-driven financial management software. It sounds expensive.

Software 86

Software Finance Cost-Benefit Data-driven 86

Smart Data Collective

AUGUST 22, 2021

The benefit of cloud computing is its lower cost per GB compared with traditional data backup solutions, as well as its ability to quickly run backups across geographies and cloud infrastructure. With cloud storage, your data is stored in a manner that reduces the risk of data loss and improves the management of backups.

Software 117

Software Cost-Benefit Data Processing Risk 117

IBM Big Data Hub

APRIL 10, 2024

Access to new software innovation: Software has become the lifeline of all domains. Each organization is trying to excel by adopting modern innovative software practices—not just to grow , but to survive. Reduced risk and technical debt: All legacy releases are inherently risky due to a longer release cycle.

Cost-Benefit 95

Cost-Benefit Software Risk Marketing 95

CIO Business Intelligence

MAY 17, 2022

Even if the AI apocalypse doesn’t come to pass, shortchanging AI ethics poses big risks to society — and to the enterprises that deploy those AI systems. The following real-world implementation issues highlight prominent risks every IT leader must account for in putting together their company’s AI deployment strategy.

Risk 142

Risk Consulting Machine Learning Data Science 142

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 Cost-Benefit Internet of Things Optimization 275

IBM Big Data Hub

OCTOBER 16, 2023

As more businesses use AI systems and the technology continues to mature and change, improper use could expose a company to significant financial, operational, regulatory and reputational risks. It encompasses risk management and regulatory compliance and guides how AI is managed within an organization.

Risk 75

Risk Modeling Management Metadata 75

IBM Big Data Hub

AUGUST 1, 2023

Gone are the days when antivirus software and a firewall were almost enough to protect an organization from cyberattacks. Risk-based application patching helps IT pros discover vulnerable apps and automatically patch them based on the criticality of the situation. ” What is risk-based application patching?

Risk 57

Risk Management Machine Learning IoT 57

IBM Big Data Hub

DECEMBER 1, 2023

Enterprise resource planning (ERP) is a business management software built to do just that. The benefits of ERP include built-in business intelligence and access to real-time data, along with integrated machine learning capabilities unlike a legacy system. Customization: Organizations can customize the software as they see fit.

Enterprise 92

Enterprise Cost-Benefit Consulting Software 92

CIO Business Intelligence

FEBRUARY 27, 2024

However, in an increasingly software-centric environment, both new and legacy assets must deliver value throughout their lifecycle. The dangers of sweating assets If you have an older phone, the manufacturer eventually stops updating the software. This creates risk for the company, shareholders, customers and their brand.

Technology 98

Technology Management Manufacturing Cost-Benefit 98

CIO Business Intelligence

MARCH 25, 2024

This article explores how CIOs can address each of their CFO’s key concerns when moving away from project-based teams to persistent funding, including the need to better track ROI, reduce risk, and reduce cost. The persistent teams used a benefits delivery roadmap, which outlined the SMART benefits to be delivered throughout the year.

Modeling 117

Modeling Cost-Benefit IT ROI 117

CIO Business Intelligence

NOVEMBER 8, 2023

The technology talent gap continues to inflate labor costs, too, despite big layoffs in high tech, CIOs say, and they’ve seen double-digit increases in SaaS and cloud costs over the last two years. They weren’t communicating enough and it cost them a lot,” he says. in June, 2022, to 3.7% Here’s how.

IT 123

IT Cost-Benefit Digital Transformation Software 123

CIO Business Intelligence

APRIL 17, 2024

CIOs benefit from the transition to the subscription model The rapid adoption of new technologies, driven by an ever-steepening technology hype curve, facilitates this shift toward more versatile business models. However, selecting reliable subscription software vendors remains critical and involves a comprehensive evaluation process.

Broadcasting 106

Broadcasting Cost-Benefit Strategy Modeling 106

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. It allows for informed decision-making and efficient risk mitigation. With the power of data, you can boost your warehouse efficiency at the lowest possible cost.

Metrics 217

Metrics KPI Management Cost-Benefit 217

CIO Business Intelligence

APRIL 4, 2024

Some prospective projects require custom development using large language models (LLMs), but others simply require flipping a switch to turn on new AI capabilities in enterprise software. “AI Production is another area that benefits from AI. “At On-time delivery has improved substantially,” she says.

Enterprise 129

Enterprise Cost-Benefit Forecasting Strategy 129

Domino Data Lab

AUGUST 6, 2021

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. Systematically enabling model development and production deployment at scale entails use of an Enterprise MLOps platform, which addresses the full lifecycle including Model Risk Management. What Is Model Risk?

Risk Management 64

Risk Management Risk Modeling Enterprise 64

CIO Business Intelligence

OCTOBER 12, 2023

Premium Plus includes access to sustainability insights derived from business processes’ carbon footprints and financial costs (SAP’s “ green ledger ”), new generative AI capabilities accessed through its Joule virtual assistant, improved forecasting, and the ability to create a portal for suppliers to simplify spend management.

Cost-Benefit 120

Cost-Benefit Uncertainty Enterprise Risk 120

Smart Data Collective

SEPTEMBER 13, 2023

One of the most important yet often overlooked benefits of AI is that it can help businesses bolster their digital security. With that in mind, businesses must do everything to ensure their processes and data are secured, as even the slightest problem can cost them financially. But it’s not just about security.

IT 98

IT Cost-Benefit Data Processing Software 98

CIO Business Intelligence

MAY 9, 2023

According to the Rocket Software Survey Report 2022: The State of the Mainframe , four out of five IT professionals see the mainframe as critical to business success. Tap into open-source software Mainframe-dependent businesses often think that open source is just for cloud-based products – but that assumption is incorrect.

Cost-Benefit 89

Cost-Benefit Software Digital Transformation Risk 89

IBM Big Data Hub

FEBRUARY 19, 2024

To mitigate these risks , companies need the resources and technology to develop robust contingency plans. Fewer disruptions : A healthy supply chain mitigates risks and protects against inevitable disruption. Automation Automation can streamline supply chain operations, from order fulfillment to inventory tracking.

Strategy 86

Strategy Management Forecasting Cost-Benefit 86

CIO Business Intelligence

NOVEMBER 3, 2022

By Milan Shetti, CEO Rocket Software According to a recent Rocket Software survey , 80% of IT professionals categorize the mainframe as critical to their business. Companies choosing to abandon their mainframe face a costly endeavor, risk downtime, and lose out on powerful benefits.

Cost-Benefit 100

Cost-Benefit Software Digital Transformation Risk 100

CIO Business Intelligence

APRIL 11, 2024

Governments cannot put their head in the sand and ignore change, but they operate in a highly complex, data-sensitive environment and can’t afford to take on fundamental business risks in the name of innovation. What are the business benefits of innovation in government? We’ve already discussed improvements in operational efficiency.

Cost-Benefit 83

Cost-Benefit Predictive Analytics Data-driven Risk 83

IBM Big Data Hub

AUGUST 16, 2023

Nevertheless, I also understand the criticality of evaluating the inherent risks before embarking on its direct adoption within our organizations. In this discussion, I explore the risks and challenges associated with ChatGPT in an enterprise context, necessitating a careful approach to its implementation.

Risk 56

Risk Modeling Enterprise Interactive 56

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

SEPTEMBER 20, 2023

With the addition of Now Assist to the Vancouver release of its software platform, ServiceNow is embedding gen AI across the three major workflows it supports. Cost in question The new gen AI features do come at a cost. Other pieces include staffing, skills training, partner involvement, legal exposure, and risk mitigation.”

Cost-Benefit 108

Cost-Benefit Software Finance Interactive 108

Smart Data Collective

JANUARY 19, 2021

A number of AI software programs have made managing employees easier than ever. AI Makes Employee Monitoring Software More Effective. To adopt organizational teams with technological progress, employers vastly rely on employee monitoring software. But employee computer monitoring software can cure your need for micromanagement.

Software 81

Software Data-driven Cost-Benefit Reporting 81

CIO Business Intelligence

OCTOBER 20, 2023

The ability to store, manage, control and replicate data between the mainframe, on-premise software, and public cloud platforms in real time will allow businesses to tap into innovation, no matter how large the data set or how quickly it needs to be integrated.

Data Integration 124

Data Integration Management Testing Software 124

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. Additionally, employ the business case as a tool to tackle potential risks and develop strategies for their mitigation.

Strategy 98

Strategy ROI IT Cost-Benefit 98

CIO Business Intelligence

OCTOBER 17, 2023

And AWS recently announced Bedrock, a fully managed service that enables enterprise software developers to embed gen AI functionality into their programs. The gen AI gold rush — with little clarity on cost “It’s the year of AI,” declares Forrester Research. I would suspect that prices will creep up over the next several years.”

Marketing 143

Marketing IT Cost-Benefit Enterprise 143

Laminar Security

DECEMBER 22, 2023

In the age of cloud computing, data security and cost management are paramount for businesses. Data Security Posture Management (DSPM) serves as a critical tool in this landscape, offering businesses a way to keep their data secure while also managing their cloud storage costs effectively.

Cost-Benefit 95

Cost-Benefit Risk Optimization Risk Management 95

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. Be flexible.

Strategy 70

Strategy Cost-Benefit Key Performance Indicator Consulting 70

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 52

Cost-Benefit Finance Optimization Key Performance Indicator 52

Jet Global

SEPTEMBER 22, 2020

Failure to manage operational transfer pricing effectively creates huge risks for organizations, especially in today’s highly unpredictable markets. The decision to adopt such a solution may be initially driven by individuals in the finance or tax team, especially those who can see the benefits it could bring to their own working lives.

Software 98

Software Forecasting Risk Cost-Benefit 98

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.

IT 131

IT Risk Cost-Benefit Risk Management 131

IBM Big Data Hub

JANUARY 11, 2024

Virtualized recovery plans (VRPs): A virtualized recovery plan is on-demand software as a service (SaaS) that relies on virtual machine (VM) instances that can be ready to operate within a couple of minutes of an interruption. The benefits of business disaster recovery Disasters can cause all kinds of problems for businesses.

Cost-Benefit 100

Cost-Benefit Risk Enterprise Software 100

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 84

Cost-Benefit Scorecard Risk Recreation/Entertainment 84