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. Those Three Big Acronyms are still important for fine-tuning your IT operations, but success today is increasingly measured in business outcomes. Maybe you’ve even surpassed expectations in each of these yardsticks.

ROI 111

ROI Cost-Benefit KPI Uncertainty 111

O'Reilly on Data

MARCH 31, 2020

Machine learning adds uncertainty. Underneath this uncertainty lies further uncertainty in the development process itself. There are strategies for dealing with all of this uncertainty–starting with the proverb from the early days of Agile: “ do the simplest thing that could possibly work.”

Management 332

Management Machine Learning Experimentation Metrics 332

CIO Business Intelligence

DECEMBER 5, 2023

Economic uncertainty, increased competition, sustainability concerns, shareholder expectations, and regulatory challenges are also top of mind. CIOs should also periodically review projects in play to reprioritize them based on anticipated ROI and feasibility, says 11:11’s Pratt. But it’s not the only one.

IT 132

IT Cost-Benefit ROI Digital Transformation 132

Andrew White

DECEMBER 16, 2019

After sifting through several year’s worth of formally written data, analytics, and data and analytics strategies, we found about 85% of them did not include a measurable business outcome. As such an ROI would have been impossible. The article notes this as cognitive uncertainty. Or maybe we will just say strategy.

Uncertainty 40

Uncertainty ROI Metrics Strategy 40

IBM Big Data Hub

OCTOBER 18, 2022

Most admit uncertainty around ROI and nearly half struggle with adequate insights from their data. Fewer than 1 in 4 agree that sustainability requires financial tradeoffs, but many acknowledge the need to redefine and re-calibrate how they measure performance.

Uncertainty 52

Uncertainty Strategy Measurement ROI 52

IBM Big Data Hub

APRIL 18, 2024

Beyond cost savings, organizations seek tangible ways to measure gen AI’s return on investment (ROI), focusing on factors like revenue generation, cost savings, efficiency gains and accuracy improvements, depending on the use case. The AGI would need to handle uncertainty and make decisions with incomplete information.

Cost-Benefit 95

Cost-Benefit Modeling Manufacturing Interactive 95

CIO Business Intelligence

JANUARY 4, 2023

Though composable infrastructure may remove the restrictions of traditional architectures, there’s debate [3] about whether it can scale and whether the ROI would be reached by increased flexibility and utilization. Yes, specific AI workflows require special hardware configurations.

Cost-Benefit 59

Cost-Benefit Machine Learning Modeling Uncertainty 59