CIO Business Intelligence

FEBRUARY 22, 2024

Since its creation over five years ago, the Digital Hub has included a team of experts in innovation, technologies, and trends — such as IoT, big data, AI, drones, 3D printing, or advances in customer experience — who work in concert with other business units to identify and execute new opportunities.

IT 88

IT Digital Transformation IoT Cost-Benefit 88

Smarten

JUNE 8, 2023

Given the move toward digital transformation (Dx) and improved data literacy, businesses have begun to strategize on how to provide tools to business users so they can work from anywhere. For more information on Mobile BI and Augmented Analytics, read our article, Mobile BI Solves Real World Problems And Improves ROI And TCO

Optimization 67

Optimization Enterprise Business Intelligence Predictive Modeling 67

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. What is TCO and why is it important? A full-blown TCO analysis can be complicated and time consuming.

Software 120

Software Enterprise Cost-Benefit ROI 120

Rocket-Powered Data Science

FEBRUARY 12, 2021

One can automate a very complicated and time-consuming process, even for a one-time bespoke application – the ROI must be worth it, to justify doing this only once. IA refers to the addition of “intelligence” to the RPA – transforming it into “smart RPA” or even “cognitive RPA”. The average ROI from RPA/IA deployments is 250%.

ROI 234

ROI Digital Transformation Reporting Machine Learning 234

CIO Business Intelligence

JANUARY 3, 2024

The infrastructure industry, however, can sometimes be its own worst enemy by falling for common objections and barriers to adoption throughout both digital twin strategy and implementation. It’s crucial to understand that digital twins aren’t just a final product, but a dynamic tool that evolves and adds value throughout the project’s life.

Cost-Benefit 115

Cost-Benefit ROI Manufacturing Optimization 115

CIO Business Intelligence

NOVEMBER 15, 2023

Many businesses are eyeing the potential of artificial intelligence (AI) and machine learning (ML) to transform ERP. Your ability to reap the rewards of that potential may depend on how far along you are with digital transformation. AI can help organizations scale with speed and agility and enhance digital workflows.

Digital Transformation 117

Digital Transformation Cost-Benefit ROI Manufacturing 117

CIO Business Intelligence

NOVEMBER 28, 2023

They are more than eager to modernize with best-fit cloud solutions that drive innovation and rapid business impact, but they need to do so with ROI-based solutions. If yes, calculate cost and ROI. They want to extract the maximum value from existing investments while freeing up funds to innovate.

IT 86

IT ROI Data-driven Digital Transformation 86

CIO Business Intelligence

AUGUST 16, 2022

Elaborating on some points from my previous post on building innovation ecosystems, here’s a look at how digital twins , which serve as a bridge between the physical and digital domains, rely on historical and real-time data, as well as machine learning models, to provide a virtual representation of physical objects, processes, and systems.

Visualization 141

Visualization Cost-Benefit IoT ROI 141

CIO Business Intelligence

OCTOBER 7, 2022

Every organization pursuing digital transformation needs to optimize IT from edge to cloud to move faster and speed time to innovation. And how do we demonstrate ROI in order to proceed? Every organization is at a different stage in the transformation journey, and each one faces unique challenges.

Data-driven 83

Data-driven IT Digital Transformation ROI 83

Cloudera

OCTOBER 30, 2023

Agility, innovation, and time-to-value are the key differentiators cloud service providers (CSP) claim to help organizations speed up digital transformation projects and business objectives. The FinOps framework is helping organizations to obtain the best ROI for their cloud transformation.

Analytics 77

Analytics Cost-Benefit ROI Business Objectives 77

CIO Business Intelligence

SEPTEMBER 11, 2023

He initiated the creation of a comprehensive operating model. This “positions us to adapt effectively to the shifting business landscape, making the most of digital transformation and remote work arrangements.” He is optimistic that as one of the “champions,” he will be able to achieve digital literacy in the C-suite.

Digital Transformation 129

Digital Transformation ROI Strategy Technology 129

Anmut

MARCH 22, 2023

Data maturity models are a crucial step for any organisation looking to improve their data, informing if your current data practices are helping, or holding back, your business. ? Click the links below to navigate to different sections What are data maturity models? Why do we need data maturity models? It’s like driving a car.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

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. Maybe you’ve even surpassed expectations in each of these yardsticks.

ROI 105

ROI Cost-Benefit KPI Uncertainty 105

CIO Business Intelligence

JANUARY 24, 2024

Karen Higgins-Carter, previously CIO of Webster Bank, joined Gilbane just over a year ago as CDIO with the responsibility of digitally transforming this 153-year-old business. We’re in an industry that is ripe for transformation,” says Higgins-Carter, pictured above, center. So they’ll be patient when it comes to ROI.

Risk Management 92

Risk Management Risk Management Digital Transformation 92

CIO Business Intelligence

JUNE 28, 2023

Belcorp operates under a direct sales model in 14 countries. The second stage focused on building algorithms and models to predict and simulate intricate biological conditions, accelerate discoveries, reduce risks, and optimize the cost-benefit ratio of technological developments using AI solutions.

Digital Transformation 78

Digital Transformation Cost-Benefit Informatics Data mining 78

CIO Business Intelligence

DECEMBER 29, 2023

With the merging of operational efficiency and embracing new technologies, today’s CIOs are under increasing pressure to do more with less and become both technologists and business leaders, says Sunny Azadeh, CIO at digital services company GlobalLogic. “In

Cost-Benefit 127

Cost-Benefit Digital Transformation Consulting Strategy 127

CIO Business Intelligence

MAY 9, 2022

Enterprise transformation demands technology to work and people to adopt it. The “people” component of enterprise transformation can make or break digital transformation. While strong ROI is compelling, so is the fact that people issues are one of the top enterprise risks.

Technology 70

Technology ROI Metrics Digital Transformation 70

CIO Business Intelligence

AUGUST 31, 2023

When organizations began to fully embrace both the work-from-anywhere (WFA) user model and multi-cloud strategies, IT leadership quickly realized that traditional networks lack the flexibility needed to support modern digital transformation initiatives.

Cost-Benefit 88

Cost-Benefit ROI Digital Transformation Optimization 88

CIO Business Intelligence

AUGUST 4, 2023

Software-as-a-service (SaaS) has witnessed explosive growth over the past few years, as vendors, thought leaders, and CIOs have hailed the enhanced efficiency, lower costs, and reduced time to benefit the model can deliver. Here are the most important strategies to avoid SaaS bloat.

Strategy 90

Strategy Cost-Benefit ROI Software 90

Sisense

DECEMBER 3, 2019

The first wave of digital transformations saw a dramatic decrease in data storage costs. At Sisense, we see the rise of AI and a multicloud world accelerating the next wave of digital transformation, helping organizations reimagine their business and drive innovation, adoption, and value from data in the digital era.

Data Warehouse 90

Data Warehouse Analytics Digital Transformation Forecasting 90

IBM Big Data Hub

APRIL 4, 2024

The need for private cloud settings is also closely linked to a hybrid cloud approach—the integration of on-premises, private cloud and public cloud into a single, flexible IT infrastructure—which is an essential part of the enterprise-business digital transformation journey.

Data Processing 93

Data Processing Cost-Benefit Software Digital Transformation 93

CIO Business Intelligence

JULY 26, 2023

The residential real estate industry may not be perceived to be as digitally aggressive as Wall Street titans and multinational manufacturing conglomerates. Augmenting real estate relationships with data Keller Williams, another leading residential player, also kicked off its digital transformation roughly seven years ago.

Data Lake 89

Data Lake Digital Transformation Machine Learning Data Architecture 89

IBM Big Data Hub

JUNE 26, 2023

By infusing artificial intelligence (AI) into IT operations , you can leverage the considerable power of natural language processing and machine learning models to automate and streamline operational workflows. The result: reduced costs, less waste and documented ROI for your automation efforts. of global electricity use.

Digital Transformation 52

Digital Transformation Cost-Benefit ROI Data-driven 52

CIO Business Intelligence

MAY 20, 2022

As global CIO, Karaboutis is the chief architect of the $20 billion British multinational’s digital transformation in the UK as well as in New York and New England. And in so many cases, it’s not pure ROI and cost savings but it’s removing hidden costs and shared costs of managing technical debt, like not having to do upgrades.

IT 87

IT Digital Transformation Internet of Things Data Architecture 87

CIO Business Intelligence

MARCH 10, 2022

The traditional security operations center (SOC) is based on a model that has persisted for decades, yet it’s no longer effective. This traditional SOC model was always about trying to keep up in a race against alerts and resource constraints that could never really be won. By Niall Browne, CISO.

Digital Transformation 74

Digital Transformation Machine Learning IoT ROI 74

CIO Business Intelligence

OCTOBER 13, 2022

CIO.com: Can you detail the Bin Dasmal Group’s digital transformation process and how changes have helped improve business performance? This has to be achieved by investing in the latest available technologies with lower total cost of ownership and maximizing ROI. CIO, Digital Transformation

Digital Transformation 68

Digital Transformation Manufacturing Data Processing Software 68

erwin

OCTOBER 8, 2020

And you can’t risk false starts or delayed ROI that reduces the confidence of the business and taint this transformational initiative. But even with the “need for speed” to market, new applications must be modeled and documented for compliance, transparency and stakeholder literacy.

Data Governance 145

Data Governance Metadata Testing Data Lake 145

IBM Big Data Hub

AUGUST 15, 2023

To overcome these challenges will require a shift in many of the processes and models that businesses use today: changes in IT architecture, data management and culture. It ensures the data and AI models are not only accurate, providing a higher-quality outcome, but that the data is being used in a safe and ethical way.

IT 75

IT Data Governance Modeling Cost-Benefit 75

BizAcuity

APRIL 25, 2022

The casino operators are expected to face known challenges of rising competition, decreasing ROI, and a high churn rate. ROI is sacrosanct for a casino business. No ROI, no investment. Casinos have to continuously work on the game mix such that they are able to generate ROI while managing player win expectations.

Marketing 52

Marketing Strategy ROI Digital Transformation 52

CIO Business Intelligence

APRIL 27, 2022

Zero trust architecture as a security model has started to catch on because one of its core philosophies is to always assume that adversaries are in an organization’s environment. CROs must help uphold the ROI on such decisions by placing IT and security risk on a par with other enterprise risks. . Chief Risk Officer (CRO) ?–

Technology 52

Technology ROI Risk Digital Transformation 52

IBM Big Data Hub

FEBRUARY 14, 2024

Other uses include Netflix offering viewing recommendations powered by models that process data sets collected from viewing history; LinkedIn uses ML to filter items in a newsfeed, making employment recommendations and suggestions on who to connect with; and Spotify uses ML models to generate its song recommendations.

Cost-Benefit 83

Cost-Benefit Insurance Unstructured Data Machine Learning 83

CIO Business Intelligence

FEBRUARY 7, 2024

Carter Busse, CIO of no-code enabled automation platform company Workato, adds that APIs are now important connective tissue to integrate and interact with large language models (LLMs) within business processes. “If Digital transformation and growing reliance on third-party services are key contributors as well, she adds.

Business Objectives 115

Business Objectives Cost-Benefit Strategy Data-driven 115

John Wheeler

OCTOBER 21, 2019

Techquilibrium is the balance point where the enterprise has the right mix of traditional and digital capabilities and assets, to power the business model needed to compete most effectively, in an industry that is being digitally revolutionized.

Risk 53

Risk Risk Management Digital Transformation Insurance 53

IBM Big Data Hub

JUNE 30, 2023

Organizations are modernizing their enterprise apps, deploying more modular, intelligent systems and AI-enhanced workflows as part of broader digital transformation. KPI dashboards or MRO inventory optimization) and audit trails are also included in CMMS software solutions.

Management 60

Management Cost-Benefit Enterprise IoT 60

Timo Elliott

MARCH 6, 2023

However, analysts say that 30% of digital transformation projects fail to deliver on their expected outcomes due to fragmentation in existing systems. To address this, a digital business platform is needed, which is a solid foundation of technology to enable agile and flexible innovation.

Machine Learning 111

Machine Learning Cost-Benefit Uncertainty ROI 111

Cloudera

JANUARY 29, 2021

Manufacturing’s digital transformation growth is truly impressive considering it’s delivering value with explosive growth rates. But then conflicting information arrives as VentureBeat reports that around 90 percent of machine learning models never make it into production? Lack of Clear ROI . Ongoing Talent Challenges.

Internet of Things 53

Internet of Things Manufacturing ROI Machine Learning 53

datapine

DECEMBER 11, 2019

SaaS is a software distribution model that offers a lot of agility and cost-effectiveness for companies, which is why it’s such a reliable option for numerous business models and industries. AI optimizes business processes, increasing productivity and efficiency while automating repetitive tasks and supporting human capabilities.

Software 314

Software Cost-Benefit Data Processing Data-driven 314