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

DECEMBER 4, 2023

Companies typically change Java providers to reduce their total cost of ownership, but they often realize unanticipated benefits including enhanced security readiness, improved performance, and often cloud cost optimization. Some Java providers are better equipped to meet an organization’s needs and lower its TCO than others.

ROI 52

ROI Cost-Benefit Testing Risk 52

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. Resilience, risk reduction, and especially business agility are very important too. Value is all about the cost/benefit analysis.

Optimization 52

Optimization Cost-Benefit ROI Data-driven 52

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

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 116

Strategy Management Key Performance Indicator ROI 116

CIO Business Intelligence

APRIL 29, 2024

However, to truly take advantage of modern Java, apps built for the ecosystem must be constantly maintained to maximize performance and minimize exposure to risks and security vulnerabilities. The reality is that there is no better ROI than being on the latest version of any given software. Is the juice really worth the squeeze?

Cost-Benefit 122

Cost-Benefit Software ROI Enterprise 122

IBM Big Data Hub

JANUARY 15, 2024

How do organizations avoid the digital risks of ‘technology misuse’ and achieve efficient innovation that ‘technology promotes production’? The office sought a practical solution for process optimization and automation to address the aforementioned issues.

Digital Transformation 75

Digital Transformation Insurance Optimization ROI 75

CIO Business Intelligence

SEPTEMBER 14, 2023

VMware The Faster, Safer Path to the Cloud VMware Cross-Cloud managed services allow businesses to play offense and defense by enabling them to invest confidently in growth and innovation while simultaneously optimizing their IT spending and talent pool through an ecosystem of validated managed services offerings built on a common foundation.

Management 94

Management Cost-Benefit Optimization ROI 94

Smart Data Collective

DECEMBER 16, 2019

In the search for a solution that will access, organize, and cleanse their data, enterprises have no alternative but to invest in high-end data optimization software. This can only be achieved by having a system that will easily optimize data on your cloud and on-premises IT infrastructure resources.

Optimization 54

Optimization Enterprise Internet of Things Cost-Benefit 54

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

CIO Business Intelligence

MARCH 3, 2024

Its conclusions were less than optimal. And only 45 percent of CISOs were very or somewhat concerned about the risks of unsecured printers, compared to 72 percent of CIOs. Quocirca said this disconnect between the views of CIOs and CISOs on print security could prevent companies from determining the true level of risk.

IT 111

IT Measurement Risk Testing 111

CIO Business Intelligence

JULY 17, 2023

Professional investors factor in certain financial targets and risk tolerance as they pursue maximum ROI. Like investors, they seek optimal outcomes while minimizing risks. Cloud rebalancing or optimization? IT leaders can relate to this dance. This is fair and appropriate.

Cost-Benefit 97

Cost-Benefit Optimization ROI Strategy 97

CIO Business Intelligence

MAY 11, 2022

To optimize technology for CX, CIOs must connect technology to customer value, thinking in terms of customer experience rather than customer process. Companies that do not anchor to brand purpose run the risk of spending millions on technologies that do not align to what customers care about. Implement change enablement.

Digital Transformation 105

Digital Transformation ROI Risk Optimization 105

Smart Data Collective

JULY 11, 2022

Data analytics technology is very helpful for companies trying to optimize their social media marketing strategy. They can use the data from these platforms to optimize their strategies accordingly. You have to work harder to get a high ROI with social media advertising than with organic content, because you have to spend money on ads.

Data Analytics 132

Data Analytics Analytics Advertising Big Data 132

CIO Business Intelligence

MARCH 30, 2022

Using data to implement and improve processes lets organizations take advantage of the rapidly-evolving field of machine learning to gain significant ROI. Investment in emerging technology is both a risk/reward assessment and an investment/return decision. Chief Risk Officer (CRO) – Emerging technology brings new risks.

Technology 98

Technology Internet of Things ROI IoT 98

CIO Business Intelligence

MAY 5, 2022

App modernization platform provider vFunction has released a new tool dubbed vFunction Assessment Hub, to help CIOs and other IT decision makers understand the complexity and risk of their existing legacy applications before deciding to modernize them — a process that typically involves taking on technical debt.

ROI 98

ROI Risk Optimization Enterprise 98

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. Through workload optimization, watsonx.data can reduce the cost of an enterprise’s data warehouse by up to 50%.

Cost-Benefit 111

Cost-Benefit Enterprise ROI Data Warehouse 111

Octopai

FEBRUARY 26, 2024

Revolutionizing Data Management: Octopai’s Role in Data Cleansing and Business Efficiency In the digital age, where data is ubiquitously hailed as the new oil, its management goes beyond mere cleanliness to encompass strategic asset optimization.

Metadata 52

Metadata ROI Optimization Data-driven 52

CIO Business Intelligence

FEBRUARY 22, 2024

It’s beginning to be clear now this is no longer the case, and we can demonstrate marked cost reduction and positive ROI on these investments.” But AI also poses some challenges and risks when it comes to privacy, security, ethics, transparency, and accountability.

IT 105

IT Digital Transformation IoT Cost-Benefit 105

CIO Business Intelligence

DECEMBER 5, 2023

Revisit the project portfolio Strong demand management is essential for sustainable IT cost optimization, says Anja Allen, principal in EY Americas’ technology consulting practice. Ensuring all IT spend is directly tied to business demand acts as an automatic cost optimizer.

IT 138

IT Cost-Benefit Digital Transformation ROI 138

CIO Business Intelligence

AUGUST 23, 2022

Technology that minimizes operational risk and provides advanced data management and protection that spans the entire edge-to-core continuum. An optimized network planning experience along with scalability and sustainability built-in, and a simple monthly payment with no upfront capital expenditure. Transitioning to Business Value .

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

IBM Big Data Hub

SEPTEMBER 6, 2023

From customized content creation to task automation and data analysis, AI has seemingly endless applications when it comes to marketing, but also some potential risks. Search engine optimization (SEO): Deploying an AI solution to enhance search engine optimization (SEO) helps marketers increase page rankings and develop more sound strategies.

Marketing 86

Marketing Technology Advertising ROI 86

CIO Business Intelligence

DECEMBER 29, 2023

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. Also, CIOs are asking what processes other people are using around determining proof of concepts, use cases, and ROI for generative AI,” he says.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

Smart Data Collective

JULY 7, 2022

These funds allow you to diversify and spread your risk across a wider basket of stocks which means your portfolio will never be significantly affected by one crashing company. If you want to take the risk of buying an individual stock, you can allot a small part of the overall portfolio for that play. Optimize Your Investments.

Marketing 142

Marketing Data Analytics Analytics ROI 142

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. Data Quality Management Best Practices.

Data Quality 241

Data Quality Metrics Data-driven Management 241

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. While the promise of AI isn’t guaranteed and may not come easy, adoption is no longer a choice. It is an imperative.

Metadata 78

Metadata Risk Experimentation Dashboards 78

IBM Big Data Hub

OCTOBER 25, 2023

Code generation: Code generation helps IT leaders overcome challenges related to developer bandwidth and optimizing the skills of a limited talent pool. Look for relatively discrete and low-risk opportunities to explore proof-of-concept implementations. Start small, test and scale.

Cost-Benefit 90

Cost-Benefit ROI Modeling Testing 90

CIO Business Intelligence

JUNE 5, 2023

The integration tax should be factored into the total potential return on investment (ROI), and integrating all these point solutions can be complex, time-consuming, and costly. Another factor to consider is risk. It delivers tremendous cost savings, reduces risk, and lets you focus on driving value fast,” said Stoop.

Data Integration 52

Data Integration ROI Risk Finance 52

DataRobot Blog

AUGUST 18, 2022

Challenges in inventory management, demand forecasting, price optimization, and more can result in missed opportunities and lost revenue. Retailers and manufacturers that incorporate AI in supply chain management greatly enhance their ability to forecast demand, manage inventory, and optimize price. Application of AI in Supply Chain.

Manufacturing 98

Manufacturing Cost-Benefit Forecasting Data-driven 98

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. A key trend is the adoption of multiple models in production.

Cost-Benefit 90

Cost-Benefit Modeling Manufacturing Interactive 90

3AG Systems

APRIL 3, 2023

They enable manufacturers to visualize, predict, and optimize plant operations with minimized risk and increased reliability. By creating a digital twin, manufacturers can not only propel digitization but also achieve quicker ROI and more robust business models and processes.

Manufacturing 40

Manufacturing ROI Data-driven Optimization 40

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. Platforms and practices not optimized for AI. It is an imperative.

Metadata 102

Metadata Risk Risk Management Experimentation 102

IBM Big Data Hub

JUNE 26, 2023

For today’s IT professionals, AIOps is also one of the fastest ways to realize tangible ROI from digital transformation investments. Automation is often centered on efforts to optimize spend, achieve greater operational efficiency and incorporate new and innovative technologies, which often translate into a better customer experience.

Digital Transformation 56

Digital Transformation Cost-Benefit ROI Data-driven 56

CIO Business Intelligence

MAY 9, 2023

Other companies are looking at digital twins as a way to increase efficiency, reduce costs and optimize operations. With this objective in mind: Determine your organization’s innovation appetite (versus its risk appetite; it is too early to speak of ROI in the metaverse). Are we trying to improve efficiency?

Digital Transformation 105

Digital Transformation ROI Business Objectives Manufacturing 105

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. A generic CRM might manage leads, but can it optimize industry pricing? They understand the jargon, the workflows, the pain points.

Manufacturing 106

Manufacturing Cost-Benefit Finance Marketing 106

CIO Business Intelligence

APRIL 27, 2022

Cyber threats are among the top ten highest-rated critical risks of organizations today and for 2030, according to? Protiviti’s Executive Perspectives on Top Risks for 2021 and 2030. The constantly changing risk environment requires companies to be agile in how they adapt and address cyber risks. Internet of Things (IoT).

Technology 52

Technology ROI Risk Digital Transformation 52

datapine

MAY 31, 2022

This increases the risks that can arise during the implementation or management process. The risks of cloud computing have become a reality for every organization, be it small or large. The next part of our cloud computing risks list involves costs. In both cases, the return on investment (ROI) is healthy.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237