CIO Business Intelligence

JUNE 11, 2024

That definition was well ahead of its time and forecasted the current era’s machine learning and generative AI capabilities. After all, many C-suite leaders and employees have an outdated impression of what IT departments do today, which may undermine the CIO’s digital transformation , change management, and other strategic objectives. “We

IT 135

IT Digital Transformation Business Objectives Broadcasting 135

CIO Business Intelligence

JULY 31, 2024

We’ve built digital twins for several furnaces we operate across the globe, and we currently have 70 AI models running on those furnaces. These models allow us to predict failures early, and we forecast a 20% reduction in furnace unplanned events, improving repair times by at least two days. So AI helps us have fewer emergencies.

Manufacturing 120

Manufacturing Cost-Benefit Digital Transformation Forecasting 120

Smarten

NOVEMBER 28, 2023

Managers should support these tools and require that team members ‘show their work’ with reports and graphs and charts gleaned from the augmented analytics solution to support team recommendations, reveal metrics for existing processes, and show results for new approaches, insight into problems and possible business opportunities.

Analytics 69

Analytics Digital Transformation Cost-Benefit Testing 69

Smarten

DECEMBER 8, 2023

Here are a couple of white papers to get you started: ‘ A Roadmap To ROI And User Adoption Of Augmented Analytics And BI Tools ,’ and ‘ Integrate Augmented Analytics And Digital Transformation To Achieve Continuous Business Improvement.’ Improving Overall Performance – Performance metrics must be objective.

ROI 72

ROI Digital Transformation Forecasting Optimization 72

CIO Business Intelligence

JUNE 1, 2022

Cloud-connected cars are now commonplace in the mainstream connected car market that is forecast to surpass $166 billion by 2025. Meanwhile, the digital twin market is set to grow at a 50% compound annual growth rate, reaching $184.5 billion by 2030. Predictive analytics can foretell a breakdown before it happens.

Manufacturing 116

Manufacturing Digital Transformation Predictive Analytics Strategy 116

Smart Data Collective

JULY 9, 2021

There are a lot of challenges that employees face when they try to forecast future staffing needs. Big data helps companies assess employee satisfaction by analyzing a variety of key metrics. Big data and predictive analytics helps companies project future employment needs and allocate sufficient capital to their human resources.

Data Analytics 125

Data Analytics Management Analytics Big Data 125

CIO Business Intelligence

OCTOBER 23, 2024

For the first time, we’re consolidating data to create real-time dashboards for revenue forecasting, resource optimization, and labor utilization. Early on, we ground through creating our first data catalog, building clearer definitions of our target attributes and metrics. How is the new platform helping?

Enterprise 70

Enterprise Dashboards KPI Data Lake 70

CIO Business Intelligence

AUGUST 17, 2022

The evidence that enterprises want the “autonomous” component to be built into storage platforms underscores what we forecasted for 2022. While there is a variety of storage performance metrics to consider, latency is the most critical determinant of your real-world transactional application and workload performance. Data Management

Enterprise 109

Enterprise Cost-Benefit Snapshot Data-driven 109

CIO Business Intelligence

NOVEMBER 21, 2023

CIOs need a way to capture lightweight business cases or forecast business value to help prioritize new opportunities. CIOs should also update their digital transformation strategies to consider how large language models will impact their industries and where customer experiences need AI-driven overhauls.

IT 137

IT Risk Cost-Benefit Risk Management 137

Alation

OCTOBER 26, 2021

These include missing out on new revenue opportunities, poorly forecasting performance, and making bad investments. The glossary includes the definition of the metric and can point to the specific table containing the formula from which it is calculated. In contrast, only 36% of organizations with a weak data culture can say the same.

Finance 52

Finance Data Transformation Enterprise Metrics 52

CIO Business Intelligence

SEPTEMBER 8, 2022

“The enormous potential of real-time data not only gives businesses agility, increased productivity, optimized decision-making, and valuable insights, but also provides beneficial forecasts, customer insights, potential risks, and opportunities,” said Krumova. This means that all changes, all transitions, are instantaneous.

Cost-Benefit 120

Cost-Benefit Internet of Things Data-driven Data Lake 120

Business Over Broadway

MAY 22, 2019

Roadblocks for executives that prevent them from moving forward on their digital transformation initiatives: Roadblocks include poor culture, lack of skills, lack of funding, and, maybe, most importantly, no clear problem statement for why they are wanting/needing digital transformation. IoT Artificial Intelligence.

Machine Learning 40

Machine Learning Technology Digital Transformation Data Science 40

IBM Big Data Hub

FEBRUARY 13, 2024

Another way to use strategic sourcing methods to reduce costs is through digital transformation , such as automating manual processes. They use AI and real-time data to identify the impact of external events, forecast potential disruptions and recommend actions to mitigate the effects.

Cost-Benefit 78

Cost-Benefit Scorecard Risk Recreation/Entertainment 78

bridgei2i

AUGUST 4, 2020

And in our AI to impact podcast, we’ve been talking with AI and analytics leaders, digital transformation advisors, as well as BRIDGEi2i business leaders to understand their point of view on the current situation, it’s impact on various industries and how enterprises can maintain business continuity while building resilience.

Sales 93

Sales Enterprise B2B Digital Transformation 93

FineReport

APRIL 9, 2024

These innovative solutions pave the way for future trends in healthcare, shaping the industry’s digital transformation journey. Through the utilization of predictive models, clinicians can forecast patient outcomes and resource needs, enabling early intervention and personalized care delivery.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

CIO Business Intelligence

MAY 4, 2022

When asked about the business initiatives that would be “most significant in driving IT investments at your organization,” IT leaders cited the following: Increasing cybersecurity protections: 49% Increasing operational efficiency: 46% Improving customer experience: 42% Transforming existing business processes (i.e.,

IT 135

IT Business Driver Reporting Uncertainty 135

Sisense

JUNE 8, 2020

In Data-Powered Businesses , we dive into the ways that companies of all kinds are digitally transforming to make smarter data-driven decisions, monetize their data, and create companies that will thrive in our current era of Big Data. Every company is becoming a data company. The way businesses operate is constantly evolving.

Data Warehouse 89

Data Warehouse Data-driven Dashboards Sales 89

IBM Big Data Hub

AUGUST 16, 2023

It is poised to transform businesses and industries, revolutionize how employees and other stakeholders collaborate, and drive digital transformation initiatives. They can track API and application usage metrics, manage an organization’s workload and avoid over-provisioning resources.

Cost-Benefit 64

Cost-Benefit Data Processing Optimization Software 64

IBM Big Data Hub

JULY 27, 2023

By analyzing asset data, companies can identify inefficiencies, uncover cost-saving opportunities and make more accurate budget forecasts. Technicians can now access asset information, metrics, maintenance schedules and detailed work instructions from their mobile devices, regardless of their location.

Cost-Benefit 55

Cost-Benefit IoT Internet of Things Enterprise 55

bridgei2i

AUGUST 4, 2020

And in our AI to impact podcast, we’ve been talking with AI and analytics leaders, digital transformation advisors, as well as BRIDGEi2i business leaders to understand their point of view on the current situation, it’s impact on various industries and how enterprises can maintain business continuity while building resilience.

Sales 52

Sales Enterprise B2B Digital Transformation 52

IBM Big Data Hub

JULY 25, 2023

Smart grid technology—an integral part of energy’s digital transformation—promises to modernize the traditional electrical system with an infusion of digital intelligence that helps energy providers transition to clean energy and reduce carbon emissions.

Optimization 56

Optimization Technology Measurement Cost-Benefit 56

bridgei2i

APRIL 20, 2020

Using our AI to Impact podcast as a channel, we’ll be having conversations with BRIDGEi2i business heads, reputed AI & analytics leaders, sales experts, and digital transformation advisors to discuss the impact of COVID-19 on enterprises and how they can recalibrate their focus.

Enterprise 114

Enterprise Consulting Digital Transformation Sales 114

bridgei2i

MAY 19, 2021

They touch upon the role of GICs in driving the digital transformation agenda, the high visibility it brings to all functional areas of an organization, and the part it plays in bridging the gap between growth inefficiencies and cost management. Close to a 20-year career now in marketing. So both are a problem. Listen Now.

Enterprise 75

Enterprise Digital Transformation Marketing Cost-Benefit 75

Jet Global

MARCH 25, 2020

While JD Edwards transactional data is required to run period close reports, analyze trends, and prepare forecasts for planning and budgeting, it comes with a lot of complexity. Many of them are in the middle of digital transformations affecting their systems and environments. Each table can be huge.

Reporting 45

Reporting Finance Sales Visualization 45

CIO Business Intelligence

DECEMBER 21, 2022

But that’s not quite accurate, says Nicole Miara, digital transformation lead at LKQ Europe GmbH, a subsidiary of LKQ Corp. But we wanted to understand if we could improve our forecasting to predict demand based on that data alone. and a leading distributor of automotive aftermarket parts based in Zug, Switzerland.

IT 130

IT Business Intelligence Sales Key Performance Indicator 130

datapine

DECEMBER 11, 2019

Even if figures diverge somewhat, the many forecasts conducted on SaaS industry trends 2020 demonstrate an obvious reality: the SaaS market is going to get bigger and bigger. SaaS Industry is forecasted to reach $55 billion by 2026. Our second forecast for SaaS trends in 2020 is Vertical SaaS. 2) Vertical SaaS.

Software 314

Software Cost-Benefit Data-driven Data Processing 314

CIO Business Intelligence

FEBRUARY 1, 2024

When organizations buy a shiny new piece of software, attention is typically focused on the benefits: streamlined business processes, improved productivity, automation, better security, faster time-to-market, digital transformation.

Software 130

Software Enterprise Cost-Benefit ROI 130

IBM Big Data Hub

AUGUST 11, 2023

The rise of digital transformation and the increased popularity of cloud computing helps companies deliver unique services to customers online and leads many organizations to consider themselves as technology companies. Establish clear objectives: CIOs have metrics to analyze their approach, just like every other business unit.

Management 74

Management IT Forecasting Software 74

IBM Big Data Hub

APRIL 4, 2024

Through BPM, disparate data sources—including spend data, internal performance metrics and external market research—can be connected. BPM can also provide real-time visibility into claim status and performance metrics. This ensures that strategic decisions are based on reliable insights.

Management 54

Management Cost-Benefit Metrics Consulting 54

CIO Business Intelligence

AUGUST 9, 2024

Jon Pruitt, director of IT at Hartsfield-Jackson Atlanta International Airport, and his team crafted a visual business intelligence dashboard for a top executive in its Emergency Response Team to provide key metrics at a glance, including weather status, terminal occupancy, concessions operations, and parking capacity.

Data Transformation 115

Data Transformation Machine Learning Data Lake Dashboards 115

Alation

MARCH 21, 2023

Using predictive analytics, travel companies can forecast customer demand around things like holidays or weather to set optimum prices that maximize revenue. By automating these time-consuming processes, ARC was able to achieve a faster time-to-value for its digital transformation strategy.

Data Analytics 52

Data Analytics Analytics Data-driven Big Data 52

AWS Big Data

NOVEMBER 15, 2023

It seamlessly consolidates data from various data sources within AWS, including AWS Cost Explorer (and forecasting with Cost Explorer ), AWS Trusted Advisor , and AWS Compute Optimizer. These sources encompass the AWS Cost and Usage Reports, Cost Explorer (and forecasting with Cost Explorer), Trusted Advisor, and Compute Optimizer.

Dashboards 104

Dashboards Analytics Metadata Data Warehouse 104

Sisense

FEBRUARY 24, 2021

Whether that data is generated internally or gathered from an external application used by customers, organizations now use on-demand cloud computing resources to make sense of the data, discover trends, and make intelligent forecasts. Charles Holive is the chief monetization officer at Sisense.

Data Warehouse 69

Data Warehouse Big Data Metrics Visualization 69

Jet Global

JUNE 11, 2020

Let’s look at each area of change to see what role finance can play in moving things forward: Track commodity charges, consumption rates, wholesale sales of electricity, and other financial metrics on an hourly or daily basis for budget planning. However, doing this in real time is a significant challenge. Not sure where to start?

Finance 59

Finance Technology Forecasting Metrics 59

Jet Global

NOVEMBER 23, 2020

The digital transformation has provided us with numerous tools that give us insight into what the future may hold. and digital transformation beyond financial management.”. Rob Lund, Partner at Advanced CFO, goes over the five key performance metrics you should be checking to make sure your strategy is working properly.

KPI 52

KPI Finance Dashboards Data Processing 52

Sisense

MAY 27, 2021

Spending on AI is forecast to double over the span of four years, growing from just over $50 billion in 2020 to a whopping $110 billion in 2024. According to analyst firm IDC, the industry that will spend the most on AI is retail. In fact, the global market size for AI in retail is expected to reach a massive $23.32 billion by 2027!

Forecasting 52

Forecasting Sales Analytics Marketing 52

CIO Business Intelligence

APRIL 15, 2024

As the CIO role becomes even more digital and innovation focused — called out by 88% of this year’s respondents — IT leaders are being recognized for actively leading digital transformation efforts more so than their peers (87%). Twenty-eight percent of respondents said the CEO’s No.

Digital Transformation 128

Digital Transformation Strategy Technology Enterprise 128