CIO Business Intelligence

MARCH 6, 2024

Manufacturing in particular has become a bigger target for bad actors; in fact, it was one of the sectors most impacted by extortion attacks, according to Palo Alto Networks’ 2023 Unit 42 Extortion and Ransomware Report. While time is of the essence for companies in this transformation process, cybersecurity must not be an afterthought.

ROI 126

ROI Manufacturing Cost-Benefit IoT 126

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 76

ROI Business Objectives Cost-Benefit Enterprise 76

IBM Big Data Hub

NOVEMBER 7, 2023

For business leaders exploring ways to apply generative AI within their companies, it can be difficult to discern where to start, what will scale easily and what will deliver the greatest ROI. But the answer may be much simpler than it seems: automation. Why automation?

Digital Transformation 93

Digital Transformation ROI Cost-Benefit Reporting 93

Jet Global

OCTOBER 17, 2020

Agility also calls for automation, smart deployment of digital transformation technologies, and a willingness to explore new business models and innovations. One of the clearest opportunities for improving efficiency, accuracy, and agility is to upgrade reporting tools and systems to support real-time decision-making.

Reporting 98

Reporting Finance Digital Transformation Uncertainty 98

Alation

APRIL 27, 2022

This was a key finding in the quarterly Alation State of Data Culture Report , which provides an assessment of the progress enterprises have made in creating a data culture. Yet data leaders report their requests for funding in data & analytics projects are often rejected. So what must businesses do?

Reporting 52

Reporting Data-driven Digital Transformation Data Governance 52

CIO Business Intelligence

MAY 10, 2023

My team and I are very proud of our transformation that started in 2019,” she says. “My My team and I are very proud of our transformation that started in 2019,” she says. When I joined, there was a lot of silo data everywhere throughout the organization, and everyone was doing their own reporting.

Data-driven 120

Data-driven IT Digital Transformation Data Governance 120

CIO Business Intelligence

APRIL 1, 2024

That’s not hyperbole: TEKsystems’ 2024 State of Digital Transformation report found that 53% of organizations classified as digital leaders are confident that their digital investments will meet expected ROIs. Digital Transformation, Enterprise Applications, IT Strategy, Software Development

Strategy 140

Strategy IT Digital Transformation ROI 140

CIO Business Intelligence

DECEMBER 15, 2023

One such effort involves more than 100 researchers generating market reports and data insights for its global clientele at great capacity using Jasper AI, says the CDIO, adding that more than 250 such generative AI use cases have been identified and tracked within the organization, across multiple personas. I’m not unlike a lot of CIO peers.

Enterprise 105

Enterprise Digital Transformation Marketing Strategy 105

Smart Data Collective

APRIL 20, 2021

Harvard Business Review Analytic Services recently published The State of Digital Adoption report on big data adoption in business, and its findings may surprise or even alarm many organizations and institutions. The study was sponsored by San Francisco-based digital adoption platform WalkMe.

Big Data 96

Big Data Strategy Digital Transformation Metrics 96

CIO Business Intelligence

DECEMBER 1, 2022

“Me coming in from the outside and proposing so much change — the associates and midlevel management are the ones that must be empowered and that is the most difficult aspect of any kind of transformation.” Kanioura insists the transformation’s goal is not distributing pink slips. But there is more room to go. billion in revenue.

Digital Transformation 144

Digital Transformation IoT Data-driven KPI 144

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 126

ROI Cost-Benefit KPI Uncertainty 126

CIO Business Intelligence

APRIL 10, 2023

The title of my presentation has been “Digital Transformation Strategy,” subtitled “How to effectively exploit the IT resource to gain sustained competitive advantage.” To often CEOs have positioned IT to report to some other executive, oftentimes the CFO, and according to CIO.com’s State of the CIO survey , 18% still do.

IT 95

IT ROI Sales Reporting 95

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 74

Analytics Cost-Benefit ROI Business Objectives 74

CIO Business Intelligence

JUNE 21, 2023

One report estimates that 4,000 positions were eliminated by AI in May alone. In 2022, companies were still reeling from the rapid digital transformation efforts to survive the pandemic. Quantify the value: Use data and metrics to demonstrate the potential return on investment (ROI) of IT initiatives.

Modeling 105

Modeling Cost-Benefit Digital Transformation ROI 105

Smarten

FEBRUARY 13, 2024

Executives – Senior executives will be looking at investment costs, return on investment (ROI) and the total cost of ownership (TCO) and at the value you claim this solution will provide. Provide more detailed reports for them to peruse at their leisure. Be prepared before you approach your executive team.

Analytics 67

Analytics Cost-Benefit ROI Reporting 67

CIO Business Intelligence

SEPTEMBER 25, 2023

Digital transformation has become an essential part of business success. According to TEKsystems’ 2023 State of Digital Transformation , 41% of organizations’ digital transformation (DX) initiatives have failed to achieve their desired outcomes. That’s not digital transformation. Others agree.

Digital Transformation 145

Digital Transformation Measurement Data-driven Metrics 145

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 98

Data Lake Digital Transformation Machine Learning Data Architecture 98

CIO Business Intelligence

NOVEMBER 20, 2023

IBM, for one, found that the average ROI on enterprise-wide AI initiatives at 5.9% with best-in-class companies “reaping an enviable 13% ROI.” Their enthusiasm is justified, with multiple studies finding that AI is delivering strong value and returns on investment. No wonder that they’re all talking about it.

Technology 137

Technology IT ROI Software 137

Octopai

FEBRUARY 26, 2024

Here, we delve into how Octopai’s automated data lineage platform is pivotal in transforming data management practices, thereby affecting ROI, reducing technical debt, and facilitating seamless migration and modernization efforts. Consider the process of decommissioning a database and identifying all connected reports.

Metadata 52

Metadata ROI Optimization Data-driven 52

CIO Business Intelligence

JANUARY 17, 2023

In fact, by switching from a legacy PDF editor to a lower cost alternative, organizations saw a three-year ROI of 284%. Discover how much more productive your organization could become by getting your own personalized free ROI Report with the Foxit ROI calculator. Digital Transformation.

ROI 52

ROI Digital Transformation Risk Consulting 52

CIO Business Intelligence

OCTOBER 4, 2022

This is the underlying purpose of the digital transformation exercises that have been so significant to IT in recent years. A recent report from LiveRamp outlines the four steps that can bring a company to data maturity. The CIO has a real ability to achieve a competitive advantage for its business through data.

Cost-Benefit 105

Cost-Benefit Strategy Digital Transformation ROI 105

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 So we’re doubling down our efforts to increase security awareness on our team.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

AUGUST 21, 2023

No one denies its transformative potential, but digital leaders say a majority of people seem to think generative AI, which Gartner recently placed at the peak of inflated expectations in its 2023 hype cycle , has more capabilities than it does — at least at this time. Consider some recent survey findings.

Technology 145

Technology IT Uncertainty Reporting 145

CIO Business Intelligence

APRIL 18, 2022

Organizations that continued full speed ahead with their digital transformation initiatives during the COVID-19 pandemic are able to ruminate on what went right and what they would have done differently, with the benefit of hindsight. A leader also needs to devote time and energy to drive a transformation forward.

Digital Transformation 145

Digital Transformation Dashboards Cost-Benefit Consulting 145

CIO Business Intelligence

APRIL 11, 2023

By 2027, 70% of healthcare organizations will rely on digital-first strategies to empower patients to take a more active role in health responsibilities and experiences, notes IDC in its FutureScape Worldwide Healthcare Industry 2023 Predictions report. Digital Transformation, IT Leadership Bedford, Mass.-based

Modeling 98

Modeling IT Strategy Uncertainty 98

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

MAY 26, 2023

This familiarized me with Reliance’s style of working, and reporting structure, making it easier for me to adopt their culture and align SPL with the Reliance team in a short time. As part of the budgetary approval process, the CIO must give the pros and cons of the solution, its cost, and ROI on the project.

Interactive 112

Interactive Manufacturing Cost-Benefit Digital Transformation 112

CIO Business Intelligence

NOVEMBER 9, 2023

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. Ozzie Coto reports directly to the CEO. Together, we work to implement and scale our AI projects.

IT 131

IT Strategy Reporting Visualization 131

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. Distribute cloud data: erwin DI’s Business User Portal provides self-service access to cloud data asset discovery and reporting tools. More and more companies are looking at cloud migration.

Data Governance 145

Data Governance Metadata Testing Data Lake 145

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

CIO Business Intelligence

NOVEMBER 18, 2022

The cloud offers limitless scalability and flexibility, powering digital transformation across every industry. Managing and aligning cost allocation to the business unit requires real-time visibility and reporting around cloud costs and usage, with cost allocation constructs aligned to departmental needs.

Optimization 91

Optimization KPI Key Performance Indicator Cost-Benefit 91

IBM Big Data Hub

OCTOBER 18, 2022

CEOs identify a range of challenges both within and beyond their organizations, and only a quarter report active implementation of their sustainability strategy across their entire enterprise. In the last five years, CEOs report their investments in sustainability have more than doubled as a percentage of revenue.

Uncertainty 52

Uncertainty Strategy Measurement Digital Transformation 52

Smart Data Collective

MARCH 2, 2022

million in seed funding last summer, according to a report by TechCrunch. A recent McKinsey report found that 40% of application development projects fail to meet the intended business goals. Every IT department faces the same problem of diminishing budgets and increasing pressures to prove ROI for every initiative.

Data Science 111

Data Science Enterprise Insurance Digital Transformation 111

Alation

JULY 15, 2022

In other words, ethics and governance aren’t just about mitigating risk; with the right approach, they can boost profits, productivity, and ROI. The 2007/2008 financial crisis unveiled the monstrous risk of mis-reporting data. See how ethics can support ROI. How often do you think about ethics? What does data ethics mean to you?

Cost-Benefit 89

Cost-Benefit Data Governance ROI Risk 89

Anmut

MARCH 22, 2023

As such, rudimentary data is used for reporting purposes, but it doesn’t influence wider business operations or strategic decision-making. Data ownership is not formal and often there is no CDO in place, or if there is, they report to a CIO, CTO, CISO or other more senior position that is not the CEO.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

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 Digital Transformation 103

DataRobot Blog

AUGUST 16, 2022

Organizations need to clearly communicate the ROI of ML models because employee resistance and fear may create barriers to progress. If the benefits of advanced analytics are not widely understood, it is difficult to establish new strategies for digital transformation. BARC Industry Analyst Report. Get the Whole Story.

Digital Transformation 52

Digital Transformation ROI Testing Modeling 52