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 94

IT Digital Transformation IoT Cost-Benefit 94

CIO Business Intelligence

JUNE 21, 2023

In 2022, companies were still reeling from the rapid digital transformation efforts to survive the pandemic. Show the short-term and long-term benefits, along with the associated costs and risks. Quantify the value: Use data and metrics to demonstrate the potential return on investment (ROI) of IT initiatives.

Modeling 104

Modeling Cost-Benefit ROI Digital Transformation 104

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 112

ROI Cost-Benefit KPI Uncertainty 112

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

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.” Rizwan, CIO of Z2C Ltd., ChatGPT is a massive step forward for business awareness,’’ he says.

Digital Transformation 133

Digital Transformation ROI Strategy Technology 133

CIO Business Intelligence

JUNE 28, 2023

Belcorp operates under a direct sales model in 14 countries. Finally, our goal is to diminish consumer risk evaluation periods by 80% without compromising the safety of our products.” Its brands include ésika, L’Bel, and Cyzone, and its products range from skincare and makeup to fragrances.

Digital Transformation 84

Digital Transformation Cost-Benefit Informatics Data mining 84

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 132

Cost-Benefit Digital Transformation Consulting Strategy 132

CIO Business Intelligence

APRIL 27, 2022

Cyber threats are among the top ten highest-rated critical risks of organizations today and for 2030, according to? Protiviti’s Executive Perspectives on Top Risks for 2021 and 2030. The constantly changing risk environment requires companies to be agile in how they adapt and address cyber risks. Internet of Things (IoT).

Technology 52

Technology ROI Risk Digital Transformation 52

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. Subscribe to the erwin Expert Blog.

Data Governance 145

Data Governance Metadata Testing Data Lake 145

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. Now is the time for a change to enable a modern SOC—taking on SOC consolidation to achieve better outcomes, with faster remediation , reduced risk and an overall stronger security posture.

Digital Transformation 79

Digital Transformation Machine Learning IoT ROI 79

CIO Business Intelligence

AUGUST 1, 2023

As a result, the solution and BIT’s expertise have helped agribusiness companies and farmers throughout the world improve sustainability, increase profitability, reduce risks, and become more environmentally friendly. With remote sensing, climate models, and other tools, it can provide alerts when issues come up.

Cost-Benefit 82

Cost-Benefit ROI Digital Transformation Marketing 82

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.

Digital Transformation 57

Digital Transformation Cost-Benefit ROI Data-driven 57

CIO Business Intelligence

OCTOBER 30, 2023

The past decade in IT has been all about digital transformation. Transformations once envisioned to be a two- or three-year journey, to catch up or get ahead, have become a continuous journey with no end in sight. It’s no longer sufficient to pursue after-the-fact transformations.

Digital Transformation 140

Digital Transformation Risk Management IoT Cost-Benefit 140

CIO Business Intelligence

APRIL 6, 2022

He added: “The strategy around cloud is not ROI on a case-by-case basis. Michael Riecica, director of security strategy and risk in Rockwell Automation ’s Chief Information Security Office, will drill into the security aspects of cloud strategy. Jackson, CEO of GlobalNet and the host of Digital Transformers.

B2B 119

B2B Strategy ROI Digital Transformation 119

CIO Business Intelligence

MAY 1, 2023

The focus of our discussions was on promoting and enabling digitally driven outcomes and quicker business decisions. Organizations struggle with trade-off decisions on the ROI to move to the cloud while upskilling their IT organizations to support the new capabilities. There isn’t a simple solution to these themes.

Consulting 52

Consulting Data Governance ROI Digital Transformation 52

CIO Business Intelligence

NOVEMBER 9, 2023

They should be a champion for smart AI adoption, and be able to recognize and balance AI benefits with risks. They should be able to work collaboratively with many departments in developing AI strategy and vision, and they should be able to design and target relevant business use cases, assess project outcomes, and measure ROI in each case.

IT 120

IT Strategy Reporting Visualization 120

CIO Business Intelligence

MAY 25, 2023

Having a trustworthy and proven location to source Microsoft licenses, such as the Lenovo Pro Small Business Store, SMBs can efficiently stay on top of their Microsoft licensing requirements, without risk of dealing with unlicensed copies of the software. SMBs often struggle to get the support they need around IT.

ROI 52

ROI Digital Transformation Software Risk 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 94

IT Digital Transformation Internet of Things Data Architecture 94

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 121

Business Objectives Cost-Benefit Strategy Data-driven 121

CIO Business Intelligence

JUNE 12, 2023

In 2012, COBIT 5 was released and in 2013, the ISACA released an add-on to COBIT 5, which included more information for businesses regarding risk management and information governance. For organizations embarking on digital transformation , COBIT helps navigate the complexities of IT compliance, regulation, and governance.

Risk Management 67

Risk Management Strategy Digital Transformation Enterprise 67

DataRobot Blog

NOVEMBER 15, 2022

A packed keynote session showed how repeatable workflows and flexible technology get more models into production. Our in-booth theater attracted a crowd in Singapore with practical workshops, including Using AI & Time Series Models to Improve Demand Forecasting and a technical demonstration of the DataRobot AI Cloud platform.

Big Data 52

Big Data Experimentation Data-driven Machine Learning 52

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

Ontotext

APRIL 3, 2024

Aurelije Zovko : For me, it is a digital transformation. This ties in with the point about digital transformation as well as with making sure data-centricity is at the root of our approach. Nimit Mehta : You are talking about the three big ones: cost, revenue, and risk. How do I make sure I can manage risk?”

Technology 59

Technology Risk Digital Transformation Measurement 59

CIO Business Intelligence

APRIL 11, 2022

The CIO gets a seat at the main decision-making table when IT is mature enough to deliver on initiatives that directly improve the organization’s business model , Jackson says. “If From a classic IT manager to a strategic partner who actively shapes the intelligent and sustainable company and digital transformation,” he explains.

Cost-Benefit 116

Cost-Benefit Digital Transformation Strategy Consulting 116

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

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 89

Cost-Benefit Insurance Unstructured Data Machine Learning 89

Cloudera

AUGUST 22, 2021

Cloudera recently appointed a Cloud Director for Asia Pacific (APAC), Stevie Walsh, to help drive our hybrid and multi-cloud offerings in the region, supporting our customers in accelerating their digital transformation journey. I touched on some of the challenges earlier – migration and its complexity, faster ROI and all.

Cost-Benefit 103

Cost-Benefit Strategy IoT ROI 103

IBM Big Data Hub

OCTOBER 18, 2022

It’s more vexing than regulation, cyber risk, and even supply chain disruptions. Most admit uncertainty around ROI and nearly half struggle with adequate insights from their data. Learn how CEOs inspire new partnership models to turn sustainability goals into action.

Uncertainty 52

Uncertainty Strategy Measurement ROI 52

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 99

Risk Management Risk Management Digital Transformation 99

CIO Business Intelligence

JANUARY 23, 2024

Regardless of where organizations are in their digital transformation, CIOs must provide their board of directors, executive committees, and employees definitions of successful outcomes and measurable key performance indicators (KPIs). As a result, outcome-based metrics should be your guide.

Measurement 127

Measurement Digital Transformation KPI Metrics 127

In(tegrate) the Clouds

DECEMBER 21, 2015

It’s software plus business model disruption and the right mix of timing that will lead to massive customer attraction in 2016. What are the biggest risks for software vendors in 2016? With so much hype around the promise of new technologies and disruptive business models, the risk is that the so-called unicorns become ‘unicorpses.’

Technology 45

Technology Internet of Things Digital Transformation Software 45

CIO Business Intelligence

MAY 13, 2024

The study identified the top CEO priorities as, among others, leading digital transformation, reducing security risk, strengthening collaboration with executive colleagues, and implementing AI. 1 priority that CEOs have for their CIOs: leading digital business transformation.

IT 125

IT Digital Transformation ROI Strategy 125

Sisense

MARCH 23, 2020

In Monetizing Your Data , we look at digital transformation: the ways of turning data into new revenue streams and apps that boost income, increase stickiness, and help your company thrive in the world of Big Data. That kind of ROI is impossible to ignore. Money never sleeps and neither does your data.

Analytics 64

Analytics Data-driven Consulting Marketing 64

Sisense

JUNE 24, 2021

Analytics models, supercharged with AI, are being leveraged to recommend content to users based on who they are and where they work. While that’s really important info for you, the learning professional, the business may only be interested in final outcomes (the ROI or a measurable change in performance or behavior, etc.).

Analytics 83

Analytics Measurement Dashboards Optimization 83

CIO Business Intelligence

DECEMBER 15, 2022

And IVL is experimenting with recyclable plastics as part of a circular economy model. To bring sustainability home, IVL sought to maximize the efficiency of its plants through digital transformation by replacing data silos with a single data source that would revolutionize enterprise asset management (EAM).

Risk 79

Risk Digital Transformation Software ROI 79

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 123

Digital Transformation Cost-Benefit ROI Risk 123

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 143

Visualization Cost-Benefit IoT ROI 143