CIO Business Intelligence

MARCH 6, 2024

Multiple attacks on well-known manufacturers have ended with huge expenses, including Austrian aerospace parts maker, FACC AG, which lost $61 million thanks to a phishing scam , and Norsk-Hydro , which was hit by a ransomware attack that cost $75 million. The first is the ability to get to ROI faster. To learn more, visit us here.

ROI 126

ROI Manufacturing Cost-Benefit IoT 126

Smarten

SEPTEMBER 21, 2022

How Can I Improve ROI for Tally ERP? As with any software solution, IT teams and executives constantly look for the tools that will give them the most benefit and value for the least investment. So, Return on Investment (ROI) is paramount! Business users can monitor and manage cost center balances. It’s Simple!

ROI 52

ROI Slice and Dice Analytics Cost-Benefit 52

Andrew White

DECEMBER 19, 2022

Demographics and labor costs have both provided an ample reservoir for many years, helping to keep global costs down. As we have all come to experience low interest rates for 30 years, with all the associated benefits such as low inflation, we will now need to learn to survive with the reverse. Your Next ROI.

ROI 52

ROI Cost-Benefit Strategy Data-driven 52

Smart Data Collective

DECEMBER 15, 2021

But driving sales through the maximization of profit and minimization of cost is impossible without data analytics. Whether marketers intend to reach new customers or persuade the existing ones, here are ways analytics is boosting returns on investment (ROI): 1. Increased Customer Growth. Reduced Risks.

ROI 113

ROI Marketing Data Analytics Analytics 113

Smart Data Collective

AUGUST 23, 2023

One of the benefits is that data analytics helps measure the ROI of trade show marketing more effectively. This is one of the many benefits of big data in marketing. Cost-Effective Impact: Building trade show booths and installing them may be expensive projects.

Big Data 79

Big Data ROI Marketing Advertising 79

Smart Data Collective

MAY 28, 2019

There are a lot of benefits of using big data to simplify the accounting process. Cloud accounting software has not only made the logistics of bookkeeping less cumbersome but it has also reduced business costs and given business owners easier access to their financial information. Save Money With Cloud Accounting.

Cost-Benefit 76

Cost-Benefit Big Data Data Processing ROI 76

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. CFOs have grown comfortable with the traditional project-based approach, through which they believe they get a better handle on spend certainty and a better sense of ROI.

Modeling 124

Modeling Cost-Benefit IT ROI 124

Smarten

MARCH 6, 2022

What happens is that your return on investment (ROI) plummets and your total cost of ownership (TCO) goes way up. So, how does one improve ROI and TCO for business intelligence and augmented analytics? But, there are worse things than user dissatisfaction; namely what happens when your users do not adopt the software.

Business Intelligence 76

Business Intelligence ROI Analytics Digital Transformation 76

CIO Business Intelligence

MAY 22, 2023

ROI becomes a waiting game. What if there was a way to get ROI today and still train the workforce for a quantum tomorrow? Notably, they can bring cost and performance benefits to the currently expensive methods for training LLMs. Enter quantum-inspired approaches.

ROI 52

ROI Machine Learning Optimization Cost-Benefit 52

Alation

FEBRUARY 14, 2023

All of these above metrics track how well governed your organization’s data is, but not the benefit of doing so. What are the benefits of reducing duplicate data? To learn more about how Alation can help you show ROI from your date governance, schedule a personalized demo today. The post What’s Your Data Governance ROI?

Data Governance 52

Data Governance ROI Metrics Cost-Benefit 52

Smart Data Collective

MAY 28, 2019

They are able to use analytics and other data insights to bolster customer service, reduce marginal operating costs and scale production. One of the biggest benefits of big data is in the arena of digital marketing. Big Data Drives the ROI of Digital Marketing. Cost-effectiveness. Here are some factors to be aware of.

ROI 85

ROI Big Data Marketing Advertising 85

CIO Business Intelligence

JUNE 9, 2023

Without it, businesses incur steep costs, but the downside, or costs, are often unclear because calculating data management’s return on investment (ROI), or upside, is a murky exercise. For many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents.

Strategy 116

Strategy Management Key Performance Indicator ROI 116

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. CFOs have an opportunity to play a key role in positioning their companies for a successful rebound by carefully assessing return on investment (ROI) and helping the C-suite make the right capital investments.

ROI 59

ROI Finance Uncertainty Cost-Benefit 59

Smarten

DECEMBER 20, 2022

SO…when considering options for business intelligence and augmented analytics, your business must satisfy the needs and expectations of your team, or it risks investing in products and solutions that will reap poor return on investment (ROI), poor total cost of ownership (TCO) and poor user adoption.

ROI 52

ROI Cost-Benefit Data-driven Business Intelligence 52

IBM Big Data Hub

MARCH 14, 2024

However, while embracing hybrid cloud might be intrinsic, clients continually seek to derive business value and higher return on investment (ROI) from their investments. The lack of ROI progress can be attributed to several factors, including slow adoption, unrealized use cases and unaddressed cloud sprawl.

ROI 75

ROI Business Objectives Cost-Benefit Enterprise 75

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. Realizing ROI and value Identifying the challenges and subsequent quantification of solutions can be a powerful tactic for justifying future projects.

Strategy 111

Strategy ROI IT Cost-Benefit 111

Alation

FEBRUARY 13, 2020

The research examined the potential ROI enterprises realize by deploying Alation. They looked at the benefits, costs and risks associated with a data catalog investment. It reveals both quantitative and qualitative benefits from data catalog adoption including a 364% return on investment (ROI), $2.7

ROI 52

ROI Cost-Benefit Unstructured Data Data Lake 52

datapine

SEPTEMBER 29, 2022

More generally, low-quality data can impact productivity, bottom line, and overall ROI. No, its ultimate goal is to increase return on investment (ROI) for those business segments that depend upon data. Industry-wide, the positive ROI on quality data is well understood. The 5 Pillars of Data Quality Management. 1 – The people.

Data Quality 241

Data Quality Metrics Data-driven Management 241

Teradata

APRIL 11, 2022

Agility & innovation are the primary benefits enabled by a move to the cloud, but the initial focus is often on reducing the total cost of ownership. But this is only the first stage!]]

ROI 75

ROI Cost-Benefit 75

CIO Business Intelligence

JANUARY 25, 2023

To fully harness the benefits of modern network architectures, network operations teams need a deep understanding of how these systems perform. Even by making small advances in this IT arena, teams can deliver large business benefits and demonstrable return on investment (ROI). million and an ROI of 160%.

IT 98

IT Cost-Benefit ROI Software 98

CIO Business Intelligence

DECEMBER 4, 2023

Companies typically change Java providers to reduce their total cost of ownership, but they often realize unanticipated benefits including enhanced security readiness, improved performance, and often cloud cost optimization. Some Java providers are better equipped to meet an organization’s needs and lower its TCO than others.

ROI 52

ROI Cost-Benefit Testing Risk 52

CIO Business Intelligence

FEBRUARY 28, 2024

Flexibility, Scalability, and Implementation Challenges The flexibility and scalability of SD-WAN are underscored as crucial benefits for organizations embarking on digital transformation journeys. While SD-WAN may represent a higher initial investment compared to traditional routers, the long-term return on investment (ROI) is significant.

Cost-Benefit 98

Cost-Benefit Digital Transformation ROI Strategy 98

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. But how do you know which indicators to track?

Metrics 217

Metrics KPI Management Cost-Benefit 217

IBM Big Data Hub

DECEMBER 14, 2023

For example, looking at the IBM Sustainability Software portfolio , you’ll notice that many of these solutions will deliver ROI to your business while also having positive environmental impact. There’s the double benefit of cost-efficiency and sustainability. This doesn’t just relate to big business.

Cost-Benefit 73

Cost-Benefit Advertising ROI Business Objectives 73

CIO Business Intelligence

JANUARY 10, 2024

Migrating infrastructure and applications to the cloud is never straightforward, and managing ongoing costs can be equally complicated. Plus, you need to balance the FinOps team’s need for autonomy against the CIO’s need for centralized control to gain economies of scale and avoid runaway costs. Then there’s housekeeping.

Cost-Benefit 124

Cost-Benefit Measurement Optimization Metrics 124

CIO Business Intelligence

MAY 9, 2023

Like most CIOs you’ve no doubt leaned on ROI, TCO and KPIs to measure the business value of your IT investments. Of late, concerns about the public “cloud-first” approach have emerged to challenge business value and skewer ROI, TCO and KPIs. Others conducted apples-to-apples comparisons of public cloud versus on-premises costs.

ROI 126

ROI Cost-Benefit KPI Uncertainty 126

datapine

APRIL 13, 2021

Starting with its definition, following with the benefits of agency reports, a list of tools, and a set of agency dashboard examples. Explore our 14 days free trial & benefit from interactive agency reports! Agencies benefit from interactive dashboard tools to prove the success of their strategies and campaigns to clients.

Dashboards 256

Dashboards Reporting Analytics Cost-Benefit 256

IBM Big Data Hub

OCTOBER 25, 2023

First, technology leaders need to estimate the full financial impact of modernization (versus the cost of not modernizing) across the organization. Creating a customized ROI framework In generative AI, ROI calculation methods are not mature or standardized, nor are comparative benchmarks often available.

Cost-Benefit 89

Cost-Benefit ROI Modeling Testing 89

Smart Data Collective

NOVEMBER 5, 2023

The digital marketing sector is among those most influenced by the benefits of analytics technology. The benefits are massive. Metrics such as click-through rates, conversion rates, ROI, and customer acquisition costs gives brands some insight on how their marketing campaigns went and what could be improved.

Marketing 102

Marketing Analytics ROI Data-driven 102

CIO Business Intelligence

DECEMBER 5, 2023

Some organizations have been innovating, transforming, and growing so fast that they haven’t had time to clear up older cost structures that start getting in the way,” says Stewart Buchanan, research vice president on Gartner’s CIO team. Each dollar of operational cost reduction drips directly to the bottom line.”

IT 138

IT Cost-Benefit Digital Transformation ROI 138

CIO Business Intelligence

MARCH 23, 2023

So how can you request a new investment from your decision-makers while ensuring minimal costs and maximum ROI this year? Procurement professionals are skilled at negotiating contracts, identifying cost-saving opportunities, and evaluating vendors.

Scorecard 59

Scorecard Cost-Benefit ROI IT 59

CIO Business Intelligence

APRIL 19, 2024

Companies buying the marketing hype about the benefits of AI need to look for proofs of concept, added Mark McDonald, a distinguished vice president analyst at Gartner. AI promises cost savings, productivity improvements, and better customer experiences, but CIOs need to figure out how to calculate the ROI , McDonald said.

IT 116

IT Software Cost-Benefit ROI 116

CIO Business Intelligence

OCTOBER 30, 2023

“Just the efficiencies gained from governing and staffing provided cost savings,” claimed Newman. What you see is maximizing the ROI.” Conclusion By employing VSM principles and solutions, businesses around the world are realizing significant dividends.

Management 144

Management Digital Transformation Cost-Benefit ROI 144

CIO Business Intelligence

SEPTEMBER 14, 2023

In a rapidly evolving business landscape, where innovation and cost efficiency are paramount, the launch of VMware Cross-Cloud managed services at VMware Explore 2023 Las Vegas is a pivotal moment. Flexibility: Organizations can now choose the cloud environments that best suit their specific needs.

Management 94

Management Cost-Benefit Optimization ROI 94

Smart Data Collective

MAY 26, 2022

Measure ROI of air quality sensors. There are many different air quality measurement technologies available, and each has its own benefits and drawbacks. ROI can be measured in different ways. One way is to look at the economic benefits that come from people not getting sick as often.

Technology 126

Technology ROI Cost-Benefit Measurement 126

CIO Business Intelligence

JUNE 6, 2023

By using a simple equation, the value calculator provides a quantitative estimate of the potential return on investment (ROI) of a particular initiative. They buy according to customer value, that is, the difference between the benefits a company gives customers and the price it charges. Value is all about the cost/benefit analysis.

Optimization 52

Optimization Cost-Benefit ROI Data-driven 52

CIO Business Intelligence

OCTOBER 6, 2022

As an IT leader, being able to foster innovation not only benefits the IT itself, with greater efficiency, effectiveness and value, but the organization it serves and you personally, as it illustrates your ability to be an internal agent of change, a true business partner, and an asset at the strategy table. It doesn’t work that way.

IT 145

IT Cost-Benefit ROI Software 145