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 One way to mitigate these costs is by exploring Software as a Service (SaaS) models, which transfer costs from Capex to Operational Expenditure (Opex). Read More

Digital Transformation 40

Digital Transformation ROI Manufacturing Internet of Things 40

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. We hear about these types of attacks with distressing regularity.

ROI 126

ROI Manufacturing Cost-Benefit IoT 126

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. This is why Alation offers intuitive configuration, with a go-live timeframe of 10 to 12 weeks thanks to the Alation Professional Services Right Start Model. The post What’s Your Data Governance ROI?

Data Governance 52

Data Governance ROI Metrics Cost-Benefit 52

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. Should you build your own?

Enterprise 101

Enterprise ROI Risk Strategy 101

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. Does this create any pressures on you and your IT organization to complete projects more quickly and with less risk involved?

Modeling 98

Modeling IT Strategy Uncertainty 98

John Wheeler

OCTOBER 21, 2019

Over the past month, I’ve been speaking to various groups to help them prepare for the onslaught of digital risks in their organizations. A common theme is the need for greater risk quantification beyond the realm of traditional, qualitative governance, risk and compliance (GRC) approaches.

Risk 53

Risk Risk Management Digital Transformation Insurance 53

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. The same can be said for AI talent in general, Daly stresses.

Risk Management 138

Risk Management Risk Cost-Benefit Technology 138

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 115

Strategy Management Key Performance Indicator ROI 115

CIO Business Intelligence

JUNE 21, 2023

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. Also spotlight the other side of ROI (return on ignorance). What’s the opportunity cost of not doing these things?

Modeling 105

Modeling Cost-Benefit ROI Digital Transformation 105

CIO Business Intelligence

APRIL 24, 2024

The announcement comes amid reluctance among some CIOs regarding the ROI of generative AI copilots. The issue stems from the underlying large language models (LLMs), which are vague in their parameters and influenced by the biases of the humans who train them. Generative AI, IT Consulting Services

Enterprise 127

Enterprise Digital Transformation Consulting Risk 127

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

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. Start small, test and scale.

Cost-Benefit 86

Cost-Benefit ROI Modeling Testing 86

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 124

ROI Cost-Benefit KPI Uncertainty 124

IBM Big Data Hub

MAY 6, 2024

More than 50% of respondents are concerned about unpredictable risks impacting generative AI initiatives and fear they will create increased potential for business disruption. In fact, 81% of respondents indicated that generative AI requires a fundamentally new security governance model.

Enterprise 69

Enterprise Risk Strategy ROI 69

CIO Business Intelligence

JANUARY 25, 2024

Two-thirds of risk executives surveyed by Gartner consider gen AI a top emerging risk. Among their biggest concerns: exposing intellectual property through publicly available generative AI models, revealing the personal data of users to third-party vendors or service providers, and securing the AI itself from criminal hackers.

Strategy 101

Strategy Risk ROI Sales 101

IBM Big Data Hub

MAY 9, 2023

Today, AI presents an enormous opportunity to turn data into insights and actions, to help amplify human capabilities, decrease risk and increase ROI by achieving break through innovations. This solution is designed to include everything needed to develop a consistent transparent model management process. It is an imperative.

Metadata 75

Metadata Risk Experimentation Dashboards 75

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.” And only 45 percent of CISOs were very or somewhat concerned about the risks of unsecured printers, compared to 72 percent of CIOs. Using zero trust.

IT 110

IT Measurement Risk Testing 110

IBM Big Data Hub

OCTOBER 4, 2022

Today, AI presents an enormous opportunity to turn data into insights and actions, to amplify human capabilities, decrease risk and increase ROI by achieving break through innovations. Manual processes that introduce risk and make it hard to scale. Multiple unsupported tools for building and deploying models.

Metadata 99

Metadata Risk Risk Management Experimentation 99

datapine

SEPTEMBER 29, 2022

More generally, low-quality data can impact productivity, bottom line, and overall ROI. No, its ultimate goal is to increase return on investment (ROI) for those business segments that depend upon data. Industry-wide, the positive ROI on quality data is well understood. 2 – Data profiling. by rule, by date, by source, etc.).

Data Quality 241

Data Quality Metrics Data-driven Management 241

Cloudera

AUGUST 30, 2022

The reality is that we cannot take multiple years to realize an ROI as the industry is moving too quickly. Renovating it while realizing incremental ROI — customer or operational benefits — is the pragmatic approach to moving forward. The final step is the choice of the deployment model. Take the first step.

Strategy 101

Strategy Data Strategy ROI Cost-Benefit 101

CIO Business Intelligence

AUGUST 23, 2022

To address this requirement and ensure seamless connectivity, organizations are rapidly adopting consumption-driven NaaS models to balance the cost of their network growth with the digital experience of their stakeholders. Transitioning to Business Value . Obtaining more insight into hidden costs (e.g.,

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

CIO Business Intelligence

SEPTEMBER 14, 2023

This allows customers to de-risk IT investments, expand deployment options, improve security and resiliency, and optimize cloud ROI with consistent operations and seamless interoperability. Key Features and Benefits Learn more below on some of the key features that make VMware Cross-Cloud managed services a game-changer for customers.

Management 82

Management Cost-Benefit Optimization ROI 82

CIO Business Intelligence

JUNE 6, 2023

By using a simple equation, the value calculator provides a quantitative estimate of the potential return on investment (ROI) of a particular initiative. However, this model doesn’t look at the whole picture – it’s overly simplistic and not flexible enough for the way we do business these days.

Optimization 52

Optimization Cost-Benefit ROI Data-driven 52

IBM Big Data Hub

NOVEMBER 6, 2023

With 89% of digital businesses investing in personalization to enhance the customer digital experience , those that fail to do so risk falling behind. Conversational AI solutions can reduce call wait time by 30% and produce up to a 370% three-year ROI. Data-driven personalization is essential in today’s business environment.

Cost-Benefit 106

Cost-Benefit Enterprise ROI Data Warehouse 106

IBM Big Data Hub

APRIL 18, 2024

While these large language model (LLM) technologies might seem like it sometimes, it’s important to understand that they are not the thinking machines promised by science fiction. Most experts categorize it as a powerful, but narrow AI model. A key trend is the adoption of multiple models in production.

Cost-Benefit 93

Cost-Benefit Modeling Manufacturing Interactive 93

O'Reilly on Data

MARCH 31, 2020

Instead of writing code with hard-coded algorithms and rules that always behave in a predictable manner, ML engineers collect a large number of examples of input and output pairs and use them as training data for their models. The model is produced by code, but it isn’t code; it’s an artifact of the code and the training data.

Management 332

Management Machine Learning Experimentation Metrics 332

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. But AI also poses some challenges and risks when it comes to privacy, security, ethics, transparency, and accountability.

IT 104

IT Digital Transformation IoT Cost-Benefit 104

CIO Business Intelligence

MARCH 11, 2024

For example, a financial services company might seek a solution that can help them manage risk, comply with industry-specific regulations, and provide better customer service. This translates to higher productivity, improved decision-making, and ultimately, higher ROI. The funding model also changes – for nearly all verticals.

Manufacturing 92

Manufacturing Cost-Benefit Finance Marketing 92

CIO Business Intelligence

NOVEMBER 29, 2023

Minimize lock-in risks You need to carefully weigh the tradeoffs when it comes to leveraging each vendor’s cloud-native services. “If Most of the time, those CIOs decide to keep the multi-cloud model because they’re locked in. First, evaluate the subscription model to make sure it aligns with your ROI goals.

Recreation/Entertainment 124

Recreation/Entertainment Testing Strategy Risk 124

CIO Business Intelligence

JUNE 5, 2023

Though you may call the stages of the lifecycle by different names, it all comes down to having the ability to collect, enrich, report, serve, and model all that data. Another factor to consider is risk. Without a high level of expertise across all areas of integration, you risk compromising security, governance, and compliance.

Data Integration 52

Data Integration ROI Risk Finance 52

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 111

IT Cost-Benefit Risk Consulting 111

IBM Big Data Hub

JUNE 23, 2023

Generative AI empowers faster and better data-driven decisions based on historical data, market trends and the use of AI foundation models that identify patterns and anomalies often missed by traditional analysis methods. What is generative AI, what are foundation models, and why do they matter? Apply the controllership lens.

Finance 59

Finance Consulting Data-driven Risk 59

CIO Business Intelligence

MAY 2, 2023

Microsoft Azure OpenAI Service , which provides access to OpenAI’s large language models, allows more probing and deep questioning of data. The new Generative AI models can go deeper into historical information, summarize it, and then present it in a human-like conversation. How can Generative AI speed innovation in retail?

Cost-Benefit 97

Cost-Benefit Sales Visualization ROI 97

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

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

DataRobot Blog

AUGUST 18, 2022

The benefits of AI in supply chain provides data-driven insights that help supply chain and logistics organizations solve their hardest problems, drive success, and deliver real ROI. Despite these potential returns, 96% of retailers find it difficult to build effective AI models, and 90% report trouble moving models into production 4.

Manufacturing 98

Manufacturing Cost-Benefit Forecasting Data-driven 98

CIO Business Intelligence

SEPTEMBER 11, 2023

He initiated the creation of a comprehensive operating model. a Karachi, Pakistan-based venture firm that accelerates growth for marketing technology (martech) startups, decided that developing an AI center of excellence model would be “a critical step in building digital literacy in the organization.” Rizwan, CIO of Z2C Ltd.,

Digital Transformation 135

Digital Transformation ROI Strategy Technology 135