CIO Business Intelligence

MARCH 25, 2024

And they want to know exactly how much return on investment (ROI) can be expected when IT leaders make technology-related changes. CFOs have grown comfortable with the traditional project-based approach, through which they believe they get a better handle on spend certainty and a better sense of ROI.

Modeling 123

Modeling Cost-Benefit IT ROI 123

CIO Business Intelligence

AUGUST 4, 2023

In collaboration with our peers, we have a solid business sense that carefully weighs innovation and risk in order to gain valuable ROI while protecting the organization from all forms of risk associated with each project. If reversible, then there’s clearly less risk. What’s new and different today?

Risk 98

Risk Risk Management ROI Technology 98

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. The Imperative of Risk Mitigation A crucial element in the world of financial investments is effective hedge fund management. And there is no sign of it slowing down.

ROI 71

ROI Data Analytics Analytics Risk Management 71

CIO Business Intelligence

OCTOBER 12, 2023

It’s used to establish objectives that align with business goals, gather pertinent data on the service desk’s current status, quantify benefits such as cost savings and productivity gains, and estimate ROI. Additionally, employ the business case as a tool to tackle potential risks and develop strategies for their mitigation.

Strategy 109

Strategy ROI IT Cost-Benefit 109

Smart Data Collective

OCTOBER 1, 2020

The ROI of email marketing can be up to 4,400%. Machine learning algorithms can also automate the segmentation process, which reduces the risk and workload for marketing professionals. The post Machine Learning Maximizes Email Marketing ROI With List Segmentation appeared first on SmartData Collective.

Machine Learning 141

Machine Learning ROI Marketing Advertising 141

Smart Data Collective

DECEMBER 15, 2021

Whether marketers intend to reach new customers or persuade the existing ones, here are ways analytics is boosting returns on investment (ROI): 1. Reduced Risks. By optimizing your marketing campaigns, analytics helps you identify risks and quickly patch them. Increased Customer Growth. Conclusion.

ROI 116

ROI Marketing Data Analytics Analytics 116

Andrew White

DECEMBER 19, 2022

Inflation, global supply chain challenges, and rising interest rates, are conspiring to make doing business difficult. For a year or more these short-term pressures have been building. In the last couple of weeks it looks like inflation maybe peaking , and supply chains seems to be sorting themselves out. The End of an Era.

ROI 52

ROI Cost-Benefit Strategy Data-driven 52

IBM Big Data Hub

APRIL 25, 2023

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. However, 57% of CEOs admit that defining and measuring the Return on Investment (ROI) and economic benefits of their sustainability efforts remain a significant challenge. Conduct ESG assessments.

Risk Management 78

Risk Management Risk Management Metrics 78

CIO Business Intelligence

MARCH 3, 2024

And only 45 percent of CISOs were very or somewhat concerned about the risks of unsecured printers, compared to 72 percent of CIOs. For its 2023 Security Priorities report, Foundry surveyed 790 IT security workers to understand their projects and priorities. Its conclusions were less than optimal.

IT 109

IT Measurement Risk Testing 109

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. There are some inherent differences between business intelligence and financial intelligence.

ROI 59

ROI Uncertainty Finance Cost-Benefit 59

CIO Business Intelligence

OCTOBER 6, 2022

They have clearly defined deadlines, specific cost estimates and deliverables, and calculated and expected ROI. As a result, with R&D type projects, ROI can’t be reliably calculated; deliverables, other than status and budget reports, can’t be predicted; and total cost to implementation can’t be effectively estimated.

IT 145

IT ROI Cost-Benefit Software 145

CIO Business Intelligence

MARCH 6, 2024

Attacks against OT systems pose risks beyond financial losses. Colonial Pipeline, and the Ukraine power grid , to name a few, all led to potential health risks and operational shutdown of critical facilities. The first is the ability to get to ROI faster. As Industry 4.0 As Industry 4.0

ROI 125

ROI Manufacturing Cost-Benefit IoT 125

Alation

FEBRUARY 14, 2023

And a data breach poses more than just a PR risk — by violating regulations like GDPR , a data leak can impact your bottom line, too. In this day and age, regardless of industry, keeping data protected and its uses understood is vital. While this sounds simple, this is where most businesses fall short.

Data Governance 52

Data Governance ROI Metrics Cost-Benefit 52

CIO Business Intelligence

SEPTEMBER 28, 2023

From establishing internal customers to instituting charge-backs to insisting on ROI, a lot of this advice looks plausible when viewed from 50,000 feet or more. Insist on ROI Sure, it’s lovely when a proposed project generates a positive financial return on investment all by itself. What makes IT organizations fail?

IT 125

IT ROI Cost-Benefit Software 125

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 Additionally, manufacturers can form outcome-based partnerships with vendors, sharing both risks and rewards.

Digital Transformation 40

Digital Transformation ROI Manufacturing Internet of Things 40

CIO Business Intelligence

DECEMBER 5, 2023

IT leaders have always needed to exercise fiscal responsibility while meeting business demands for technology. But as digital transformation efforts have intensified in recent years, CIOs have had fewer opportunities to pause and reevaluate IT’s financial situation. But it’s not the only one.

IT 138

IT Cost-Benefit ROI Digital Transformation 138

CIO Business Intelligence

JUNE 3, 2024

The study surveyed 200+ IT and financial leaders who have implemented a FinOps model across many industries, and the findings focus on best practices for maximizing ROI on cloud infrastructure and applications. Ultimately, DIY can jeopardize the ROI of a FinOps practice. The problem? The tools they use.

Cost-Benefit 85

Cost-Benefit ROI Optimization Software 85

CIO Business Intelligence

OCTOBER 31, 2023

Building sales requires a well-equipped sales team, and in today’s digital world, that means IT must become a strong support partner. But aligning with sales leaders on transformative technology initiatives takes more than just rolling out their tech of choice.

Sales 126

Sales IT Enterprise Technology 126

CIO Business Intelligence

FEBRUARY 22, 2024

With the aim to accelerate innovation and transform its digital infrastructures and services, Ferrovial created its Digital Hub to serve as a meeting point where research and experimentation with digital strategies could, for example, provide new sources of income and improve company operations. One of the main strategic transversal areas is AI.

IT 104

IT Digital Transformation IoT Cost-Benefit 104

CIO Business Intelligence

MARCH 23, 2023

As the world continues to experience economic uncertainty, IT leaders look to tighten budgets, consolidate tools and resources, and generally become more risk-averse when evaluating new investments. So how can you request a new investment from your decision-makers while ensuring minimal costs and maximum ROI this year? to just 2.2%

Scorecard 57

Scorecard Cost-Benefit ROI IT 57

CIO Business Intelligence

APRIL 13, 2023

Gartner projects that spending on information security and risk management products and services will grow 11.3% To better focus security spend, some chief information security officers (CISOs) are shifting their risk assessments from IT systems to the data, applications, and processes that keep the business going. billion this year.

IT 109

IT Cost-Benefit Risk Consulting 109

Smarten

DECEMBER 20, 2022

SO…when considering options for business intelligence and augmented analytics, your business must satisfy the needs and expectations of your team, or it risks investing in products and solutions that will reap poor return on investment (ROI), poor total cost of ownership (TCO) and poor user adoption.

ROI 52

ROI Cost-Benefit Data-driven Business Intelligence 52

CIO Business Intelligence

MAY 10, 2023

In fact, the ROI was so high, we gained the trust of our executives to invest in a platform to begin centralizing data.” That’s going to be an ongoing technical risk that we’ll have and we need to overcome that. So in monthly or quarterly combined meetings, there weren’t apples to apples being compared. It’s the clean-up effort.

Data-driven 118

Data-driven IT Digital Transformation Data Governance 118

IBM Big Data Hub

MARCH 4, 2024

While many organizations have implemented AI, the need to keep a competitive edge and foster business growth demands new approaches: simultaneously evolving AI strategies, showcasing their value, enhancing risk postures and adopting new engineering capabilities. times higher ROI. times higher ROI.

Enterprise 98

Enterprise ROI Risk Strategy 98

CIO Business Intelligence

MAY 1, 2024

But getting from potential to profitability does not come without risks, such as assuming that your established processes for deploying mainstream enterprise IT infrastructure will work in the new era of complex AI superclusters. A solid technology infrastructure has always been essential.

ROI 116

ROI Optimization Data-driven Enterprise 116

Alation

FEBRUARY 13, 2020

The research examined the potential ROI enterprises realize by deploying Alation. They looked at the benefits, costs and risks associated with a data catalog investment. It reveals both quantitative and qualitative benefits from data catalog adoption including a 364% return on investment (ROI), $2.7

ROI 52

ROI Cost-Benefit Unstructured Data Data Lake 52

CIO Business Intelligence

DECEMBER 4, 2023

Organizations can stay up to date from a security perspective and also minimize the risk of an expensive regression by updating to stabilized Java builds each quarter. A JDK provider should ensure that software using its JDK is free of GPL contamination risk and provide appropriate legal indemnification.

ROI 52

ROI Cost-Benefit Testing Risk 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 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 127

IT Consulting Testing Cost-Benefit 127

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. Everybody wants to have a business impact and business outcome,” she explains. “But

Modeling 98

Modeling IT Strategy Uncertainty 98

CIO Business Intelligence

JUNE 9, 2023

Without it, businesses incur steep costs, but the downside, or costs, are often unclear because calculating data management’s return on investment (ROI), or upside, is a murky exercise. For many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents.

Strategy 113

Strategy Management Key Performance Indicator ROI 113

CIO Business Intelligence

MAY 16, 2022

ITIL’s systematic approach to IT service management (ITSM) can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. What is ITIL? What’s in the ITIL? ITIL has gone through several revisions in its history.

IT 104

IT Cost-Benefit ROI Risk 104

CIO Business Intelligence

APRIL 24, 2024

The announcement comes amid reluctance among some CIOs regarding the ROI of generative AI copilots. Microsoft is opening another route for extending the reach of its Copilot offerings in the enterprise through an expanded partnership with global professional services company Cognizant.

Enterprise 127

Enterprise Digital Transformation Consulting Risk 127

datapine

JANUARY 24, 2021

In our cutthroat digital age, the importance of setting the right data analysis questions can define the overall success of a business. That being said, it seems like we’re in the midst of a data analysis crisis. That being said, it seems like we’re in the midst of a data analysis crisis. Data Is Only As Good As The Questions You Ask.

IT 317

IT Statistics KPI Data-driven 317

CIO Business Intelligence

MAY 24, 2023

The bottom line: The companies that strike the right balance of risk and innovation when adopting generative AI will win. Don’t wait to start experimenting with generative AI The sooner a company starts developing a framework for adopting generative AI , the sooner the use cases can be rolled out and start showing ROI.

ROI 94

ROI Risk Machine Learning Testing 94

CIO Business Intelligence

MAY 1, 2024

As Empath-IA took shape, Ingesan allocated 5% of the innovation budget to implement it and to explore other opportunities — an investment already with measurable ROI. So using the Empath-IA program as a starting point, Ingesan is prioritizing the application potential of gen AI in the field of occupational risk prevention.

Digital Transformation 104

Digital Transformation ROI Metrics Measurement 104

CIO Business Intelligence

MAY 9, 2024

Companies want candidates who can drive innovation, deliver meaningful business results, and work closely with other leaders to manage risks. And they must develop and upskill talent to ensure the workforce is well-versed in the innovation and risk associated with AI use.

Risk Management 138

Risk Management Risk Cost-Benefit Technology 138