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. Diversification and Risk. Investing in Financial Intelligence.

ROI 59

ROI Finance Uncertainty Cost-Benefit 59

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

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. This means really emphasizing the business partnership and making sure we’re aligning with the business strategy.

Modeling 98

Modeling IT Strategy Uncertainty 98

CIO Business Intelligence

APRIL 18, 2022

Today, Doug Laney, innovation fellow of data and analytics strategy at West Monroe, disputes Humby’s assertion on a technicality: “When you use a drop of oil, you can only use it one way at a time,” Laney says. Data is what economists would call a non-rival risk, non-depleting progenitor of assets,” Laney says.

ROI 116

ROI IT Dashboards Sales 116

CIO Business Intelligence

MAY 9, 2024

They should lead the efforts to tie AI capabilities to data analytics and business process strategies and champion an AI-first mindset throughout the organization. Companies want candidates who can drive innovation, deliver meaningful business results, and work closely with other leaders to manage risks.

Risk Management 130

Risk Management Risk Cost-Benefit Technology 130

Smart Data Collective

DECEMBER 13, 2021

More companies are using sophisticated data analytics and AI tools to overhaul their business models. E-commerce Companies Are Using Big Data Technology to Improve the Execution of their Marketing Strategies. More e-commerce companies are leveraging analytics and AI to improve their business strategies.

Data-driven 136

Data-driven Marketing Strategy Big Data 136

CIO Business Intelligence

APRIL 24, 2024

The announcement comes amid reluctance among some CIOs regarding the ROI of generative AI copilots. CIOs will need to focus on aligning AI-driven solutions with broader business strategies, ensuring seamless integration into existing processes while addressing potential challenges like data security and ethical AI use.

Enterprise 128

Enterprise Digital Transformation Consulting Risk 128

Smart Data Collective

NOVEMBER 18, 2021

In the information, there are companies with big data strategies and those that fall behind. However, the success of a big data strategy relies on its implementation. VentureBeat reports that only 13% of companies are delivering on their big data strategies. Longer buying cycles, more risk, and larger transactions.

Data Strategy 128

Data Strategy B2B Strategy Big Data 128

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 66

Enterprise Risk Strategy ROI 66

CIO Business Intelligence

JUNE 21, 2023

How do you convince decision-makers to collaborate on linking IT strategy with business strategy? 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.

Modeling 105

Modeling Cost-Benefit Digital Transformation ROI 105

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. From our perspective, the debate over architecture is over.

Cost-Benefit 90

Cost-Benefit ROI Modeling Testing 90

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

BizAcuity

APRIL 25, 2022

Casinos would do well to think through their marketing strategies, to support growth, differentiate themselves from competitors, and strengthen their relationship with patrons and members. The casino operators are expected to face known challenges of rising competition, decreasing ROI, and a high churn rate. No ROI, no investment.

Marketing 52

Marketing Strategy ROI Digital Transformation 52

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

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

Smart Data Collective

JANUARY 30, 2023

So, how can one create software with as little risk as possible? Mixed reality In times of chaos, do you really have enough funds to build test models, organize accurate product testing with clients before you start selling, or spend time and money on fixing the potential issues that may or may not occur? Cyber attacks.

Software 100

Software Strategy Testing Advertising 100

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. The institution’s multi-cloud strategy is grounded in what he calls its “open by design” principles. “We

Recreation/Entertainment 124

Recreation/Entertainment Testing Strategy Risk 124

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 111

IT Measurement Risk Testing 111

CIO Business Intelligence

FEBRUARY 7, 2024

Carter Busse, CIO of no-code enabled automation platform company Workato, adds that APIs are now important connective tissue to integrate and interact with large language models (LLMs) within business processes. “If However, much excitement is centered around the prospect of AI and how it’ll catalyze more API adoption.

Business Objectives 124

Business Objectives Cost-Benefit Strategy Data-driven 124

CIO Business Intelligence

SEPTEMBER 11, 2023

In tandem with his job as chief digital officer and senior vice president of strategy at Hussman, Seals got a Ph.D. Digital-first and data/AI are the two key pillars of TIAA’s business strategy and a core part of its broad tech transformation. He initiated the creation of a comprehensive operating model. At his company, anyway.

Digital Transformation 135

Digital Transformation ROI Strategy Technology 135

datapine

SEPTEMBER 29, 2022

There are a lot of strategies that you can use to improve the quality of your information. 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. 2 – Data profiling.

Data Quality 241

Data Quality Metrics Data-driven Management 241

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 131

IT Strategy Reporting Visualization 131

O'Reilly on Data

MARCH 31, 2020

This means that the AI products you build align with your existing business plans and strategies (or that your products are driving change in those plans and strategies), that they are delivering value to the business, and that they are delivered on time. Models also become stale and outdated over time.

Management 332

Management Machine Learning Experimentation Metrics 332

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

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 96

Cost-Benefit Modeling Manufacturing Interactive 96

CIO Business Intelligence

DECEMBER 29, 2023

Among the various strategies at our disposal, automation stands out as a pivotal solution,” she says. “In While there remains a lot we don’t fully understand about AI, including its associated risks, there are many opportunities to take advantage of moving forward in business and life,” he says.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

APRIL 6, 2022

At DISH Network , cloud-adoption strategies vary by when the parts of its business started – from those born in the cloud to legacy sectors deploying cloud on an opportunistic basis. He added: “The strategy around cloud is not ROI on a case-by-case basis. It’s a must if a company wants to stay relevant.”. And hear how the U.S.

B2B 131

B2B Strategy Digital Transformation ROI 131

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. As a retail sales manager, OpenAI will allow you to develop more innovative solutions, more tailored strategies, and more personalized experiences. How can Generative AI speed innovation in retail?

Cost-Benefit 98

Cost-Benefit Sales Visualization ROI 98

IBM Big Data Hub

JUNE 23, 2023

Whether you’re a CFO, an accountant, a financial analyst or a business partner, artificial intelligence (AI) can help improve your finance strategy, uplift productivity and accelerate business outcomes. What is generative AI, what are foundation models, and why do they matter? Apply the controllership lens.

Finance 61

Finance Consulting Data-driven Risk 61

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.

IT 105

IT Digital Transformation IoT Cost-Benefit 105

Smart Data Collective

APRIL 3, 2022

As AI technology has improved, algorithmic trading has become more effective and given traders the opportunity to realize higher ROIs. This figure appears to have improved as AI helped boost their ROI. This makes anyone able to emulate the algorithmic trading strategies performed by Renaissance technologies. Advantages.

Technology 97

Technology Cost-Benefit ROI Strategy 97

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

DECEMBER 16, 2022

In other words, they must ensure that data strategy aligns to business strategy. Only from this foundation can data leaders foster a data-driven culture, where the entire organization is empowered to take advantage of automation and AI technologies to improve ROI. But process and people can’t be ignored.

Enterprise 52

Enterprise Data Architecture Data-driven ROI 52

CIO Business Intelligence

JUNE 12, 2023

COBIT is an IT management framework developed by the ISACA to help businesses develop, organize, and implement strategies around information management and IT governance. COBIT 2019 was introduced to build governance strategies that are more flexible and collaborative and that address new and changing technology.

Risk Management 94

Risk Management Strategy Digital Transformation Enterprise 94

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

IBM Big Data Hub

SEPTEMBER 6, 2023

Negotiations and complicated financial models add depth and time to the budgeting process. Missed opportunities A slow budget can mean missed opportunities and potential ROI left on the table. Unanticipated risks Good budgeting plans for risks. This results in exhaustive review cycles.

Forecasting 89

Forecasting Marketing Risk Sales 89

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