CIO Business Intelligence

MAY 14, 2024

In my younger and more sarcastic days I used to needle my friend the budgeting manager, who was also responsible for reviewing capital project proposals to ensure their projected ROI exceeded the hurdle rate. What,” I asked him, “is the ROI for budgeting?” My friend would state, in response, “Your budget is your plan! ”

IT 106

IT ROI Strategy Forecasting 106

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. New tech moves from bleeding edge to mainstream at an ever-increasing pace.

Strategy 140

Strategy IT ROI Digital Transformation 140

IBM Big Data Hub

MAY 17, 2024

Cloud maturity models are a useful tool for addressing these concerns, grounding organizational cloud strategy and proceeding confidently in cloud adoption with a plan. Cloud maturity models are a useful tool for addressing these concerns, grounding organizational cloud strategy and proceeding confidently in cloud adoption with a plan.

Modeling 93

Modeling Cost-Benefit Optimization Digital Transformation 93

CIO Business Intelligence

APRIL 11, 2023

Over the next five years, the healthcare industry is expected to go through dramatic changes as service providers expand value-based care models and equipment manufacturers strive to keep pace in a digital-first world. Everybody wants to have a business impact and business outcome,” she explains.

Modeling 98

Modeling IT Strategy Uncertainty 98

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? Quantum-inspired solutions can train Large Language Models (LLMs) faster and cheaper, provide explainability when making credit decisions, and help spot flaws in production lines.

ROI 52

ROI Machine Learning Optimization Cost-Benefit 52

Smart Data Collective

JULY 16, 2023

According to a report by Dataversity , a growing number of hedge funds are utilizing data analytics to optimize their rick profiles and increase their ROI. Among these tools, quantitative models have emerged as one of the most effective solutions. Big data is the most important business trend of the 21st century.

ROI 71

ROI Data Analytics Analytics Risk Management 71

CIO Business Intelligence

JANUARY 25, 2023

Even by making small advances in this IT arena, teams can deliver large business benefits and demonstrable return on investment (ROI). Realizing an ROI of 160% The holy grail for network operations is to move from modern observability to experience-driven network observability. million and an ROI of 160%. million per year.

IT 94

IT Cost-Benefit ROI Software 94

Jet Global

JUNE 30, 2020

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 Analysis. Shifting Business Models. It has been said that “data is the new oil.”

ROI 59

ROI Finance Uncertainty Cost-Benefit 59

CIO Business Intelligence

FEBRUARY 22, 2024

There’s no defined hierarchical structure, but the Hub is based on a transversal and collaborative model where groups are created, and employees from all areas work on specific projects along with external experts. One of the main strategic transversal areas is AI. With this in mind, the AI ​​CoE acts along two clear lines at a global level.

IT 104

IT Digital Transformation IoT Cost-Benefit 104

Alation

FEBRUARY 14, 2023

In this day and age, regardless of industry, keeping data protected and its uses understood is vital. No business wants to have the PR nightmare of a data leak or personal data being used without the correct permissions. While this sounds simple, this is where most businesses fall short. Success can evolve over time – and with it what you measure.

Data Governance 52

Data Governance ROI Metrics Cost-Benefit 52

3AG Systems

MARCH 21, 2023

A key reason for failure lies in the challenges associated with obtaining a satisfactory Return on Investment (ROI). Understanding the ROI challenge Industry 4.0 Understanding the ROI challenge Industry 4.0 and IoT (Internet of Things) programs often require significant investments in hardware, software, and consulting.

Digital Transformation 40

Digital Transformation ROI Manufacturing Internet of Things 40

CIO Business Intelligence

JANUARY 2, 2024

It involves reimagining our strategies, business models, processes and culture centered around AI’s capabilities, to reshape how we work and drive unparalleled productivity and innovation,” he says. Create dynamic, flexible teams Alignment only gets IT so far, though. The goal is to redesign our organization into interdisciplinary teams.

IT 144

IT Cost-Benefit Statistics Consulting 144

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. We think so.

Technology 136

Technology IT ROI Software 136

CDW Research Hub

NOVEMBER 12, 2020

For example, If the data is in a data center, you should strongly consider model training as close to it as possible. For example, model training can be very expensive in the cloud if you want to keep your neural network models continually updated with new data elements and patterns. Compute where the data lives.

ROI 79

ROI Deep Learning Machine Learning Business Objectives 79

Smart Data Collective

AUGUST 21, 2023

NASM’s certification programs cover a wide spectrum, including: Certified Personal Trainer (CPT) Corrective Exercise Specialist (CES) Performance Enhancement Specialist (PES) Nutrition Coach (NC) NASM’s curriculum revolves around an evidence-based training approach, aligning with the Optimal Performance Training™ (OPT) model.

ROI 81

ROI Data Analytics Analytics Big Data 81

CIO Business Intelligence

AUGUST 4, 2022

That’s typically due to the exponential growth in dataset size and complexity of AI models. “In In an early phase, you might submit a job to the cloud where a training run would execute and the AI model would converge quickly,” says Tony Paikeday, senior director of AI systems at NVIDIA.

Modeling 91

Modeling Cost-Benefit ROI Data Lake 91

CIO Business Intelligence

OCTOBER 16, 2023

IT organizations have worked hard to get away from the problems that had plagued their past project delivery processes. They have replaced expansive scopes, the waterfall methodology, and long timelines with iterative development, the agile approach, and multiweek sprints, hoping to avert the big failures that have littered IT’s history.

IT 136

IT Cost-Benefit Management ROI 136

CIO Business Intelligence

MAY 28, 2022

Among the issues that led to an overfull pipeline included department heads pushing for pet projects that may not have strategic benefits for enterprise at large, the classification of too many big projects with iffy ROI as urgent, and what Das calls “big, shiny ideas,” like crypto projects that have not been properly vetted.

IT 137

IT ROI Cost-Benefit Technology 137

CIO Business Intelligence

MARCH 6, 2024

The first is the ability to get to ROI faster. In fact, Enterprise Strategy Group found that an industrial OT security solution can provide 351% ROI over a five-year period. Operational technology (OT) organizations face increasing challenges when it comes to cybersecurity. As Industry 4.0 As Industry 4.0

ROI 126

ROI Manufacturing Cost-Benefit IoT 126

CIO Business Intelligence

MARCH 3, 2024

Worse, it said “adversaries are accelerating and widening their range of sophisticated attacks at scale through automation, cybercrime-as-a-service models, impersonations and adaptation.” For its 2023 Security Priorities report, Foundry surveyed 790 IT security workers to understand their projects and priorities.

IT 110

IT Measurement Risk Testing 110

CIO Business Intelligence

OCTOBER 7, 2022

And how do we demonstrate ROI in order to proceed? Model and price infrastructure with accuracy. Every organization pursuing digital transformation needs to optimize IT from edge to cloud to move faster and speed time to innovation. But the devil’s in the details. Where should we modernize — on-premises or in the cloud?

Data-driven 97

Data-driven IT Digital Transformation ROI 97

IBM Big Data Hub

MARCH 4, 2024

By becoming an AI+ enterprise, clients can realize the ROI not only for the AI use case but also for improving the related business and technical capabilities required to deliver AI use cases into production at scale. times higher ROI. times higher ROI. Consider the following: Do you need a public foundation model?

Enterprise 101

Enterprise ROI Risk Strategy 101

CIO Business Intelligence

MAY 25, 2022

Among the issues that led to an overfull pipeline included department heads pushing for pet projects that may not have strategic benefits for enterprise at large, the classification of too many big projects with iffy ROI as urgent, and what Das calls “big, shiny ideas,” like crypto projects that have not been properly vetted.

IT 116

IT ROI Cost-Benefit Technology 116

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. provides another model for the CAIO role evolving today. What is a chief AI officer?

IT 130

IT Strategy Reporting Visualization 130

CIO Business Intelligence

MARCH 13, 2024

Even though generative AI is a relatively new technology, it’s now difficult to imagine a world without it, given the impact it’s making, and the business value it can create. for every $1 spent. EY is one example of a company widely deploying gen AI. And the impacts are already being felt in some industries.

IT 128

IT Consulting Testing Cost-Benefit 128

CIO Business Intelligence

JUNE 21, 2023

Generative AI is changing the world of work, with AI-powered workflows now slated to streamline customer service, employee experience, IT, and other fields. If we just slap the letters “GPT” to our efforts, everything will be right on track, right? Integrating artificial intelligence into business has spawned enterprise-wide automation.

Modeling 105

Modeling Cost-Benefit ROI Digital Transformation 105

CIO Business Intelligence

JANUARY 9, 2023

Three years ago, IT leaders were squarely focused on how to adopt fledgling AI techniques and approaches into their business models in service of digital transformations that included plans for shifting some workloads to the cloud. Recruiting, retainment, and yes, adoption of lead-edge technology, are back on the radar of IT leaders.

IT 145

IT Uncertainty Cost-Benefit Digital Transformation 145

datapine

JANUARY 24, 2021

Additionally, incorporating a decision support system software can save a lot of company’s time – combining information from raw data, documents, personal knowledge, and business models will provide a solid foundation for solving business problems. That being said, it seems like we’re in the midst of a data analysis crisis.

IT 317

IT Statistics KPI Data-driven 317

BizAcuity

SEPTEMBER 5, 2019

Admit it or not, casinos are booming to become a much bigger playground for businesses. With most operating within a hotel-like framework, there are more ways to engage their customers than ever before. This information, when used effectively can enhance the casino’s performance. Which leaves us with the question: what if we consolidated all of it?

ROI 75

ROI Data Warehouse Advertising Data Processing 75

CIO Business Intelligence

JUNE 16, 2022

IT funding might be on the rise, but the ROI for the business from technology investments isn’t as high as it should be. Analysts and data scientists need flexibility when working with data; experimentation fuels the development of analytics and machine learning models. Complexity is the enemy of innovation.

IT 133

IT Experimentation IoT Data-driven 133

CIO Business Intelligence

MAY 20, 2022

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. Talent, data, and cloud operating models. Talent, data, and cloud operating models. Modernizing a utility’s data architecture. National Grid. It’s getting close.”.

IT 104

IT Digital Transformation Internet of Things Data Architecture 104

CIO Business Intelligence

MARCH 9, 2023

If you’re asking yourself the following questions, consider hiring a team of experts: What architecture do we need to support a next-generation operating model? Large IT projects are hard to execute, particularly when in-house staff are often pulled into their day jobs and distracted by other priorities. This can be costly for organizations.

IT 93

IT Testing ROI Software 93

Smart Data Collective

NOVEMBER 24, 2019

One of the biggest applications is that new predictive analytics models are able to get a better understanding of the relationships between employees and find areas where they break down. Big Data is the Key to Stronger Team Extension Models. Let’s dig deep and find out which model should we pick as a business owner.

Big Data 73

Big Data Modeling ROI Predictive Analytics 73

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

FEBRUARY 28, 2023

In other words, businesses are paying an invisible “tool sprawl tax,” which is adding to the TCO and cutting into businesses’ ROI. Do you have flexible engagement models, including self-service with simple and predictable pricing? Gartner recently lowered their expectations for IT budgets to increase by just 2.2% global inflation rate.

IT 98

IT Uncertainty ROI Data Processing 98

IBM Big Data Hub

OCTOBER 25, 2023

Hybrid cloud allows them to take advantage of powerful open-source large language models (LLMs), use public data and computing resources to train their own models and securely fine-tune their models while keeping their proprietary insights private. They need to champion modernization as a business initiative, not an IT project.

Cost-Benefit 86

Cost-Benefit ROI Modeling Testing 86