CIO Business Intelligence

MARCH 6, 2024

Manufacturing in particular has become a bigger target for bad actors; in fact, it was one of the sectors most impacted by extortion attacks, according to Palo Alto Networks’ 2023 Unit 42 Extortion and Ransomware Report. Attacks against OT systems pose risks beyond financial losses. The first is the ability to get to ROI faster.

ROI 126

ROI Manufacturing Cost-Benefit IoT 126

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 124

Modeling Cost-Benefit IT ROI 124

Alation

FEBRUARY 13, 2020

In The Forrester Wave: Machine Learning Data Catalogs, 36% to 38% of global data and analytics decision makers reported that their structured, semi-structured, and unstructured data each totaled 1,000 TB or more in 2017, up from only 10% to 14% in 2016. The research examined the potential ROI enterprises realize by deploying Alation.

ROI 52

ROI Cost-Benefit Unstructured Data Data Lake 52

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 111

Strategy ROI IT Cost-Benefit 111

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

According to State of Java Survey and Report 2023 , an independently run study of more than 2,000 Java users, Java users have taken notice. 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. Application Management

ROI 52

ROI Cost-Benefit Testing Risk 52

CIO Business Intelligence

MARCH 3, 2024

For its 2023 Security Priorities report, Foundry surveyed 790 IT security workers to understand their projects and priorities. The adversaries, at least for now, have the upper hand on many global organisations,” the report concluded. Its conclusions were less than optimal. Zero trust is still not widely deployed, but that is changing.

IT 111

IT Measurement Risk Testing 111

FineReport

MAY 9, 2023

A digital marketing report is essential for any business that wants to generate new customers and sales. A successful marketing strategy includes modern business intelligence software and marketing reports that provide detailed data insights. Marketing, sales, and financial management would be impossible without reports.

Reporting 52

Reporting Marketing Advertising Metrics 52

Alation

APRIL 27, 2022

This was a key finding in the quarterly Alation State of Data Culture Report , which provides an assessment of the progress enterprises have made in creating a data culture. Organizations that do not embrace data culture risk lost revenue and competitive disruption. So what must businesses do?

Reporting 52

Reporting Data-driven Digital Transformation Data Governance 52

erwin

MARCH 12, 2020

The report notes six primary EA competencies in which we excel in the large vendor category: modeling, strategy translation, risk management, financial management, insights and change management. EA should provide a strong ROI and help an organization derive value and successful business outcomes.

Enterprise 85

Enterprise Reporting Management ROI 85

datapine

SEPTEMBER 29, 2022

Reporting being part of an effective DQM, we will also go through some data quality metrics examples you can use to assess your efforts in the matter. More generally, low-quality data can impact productivity, bottom line, and overall ROI. Industry-wide, the positive ROI on quality data is well understood. 4 – Data Reporting.

Data Quality 241

Data Quality Metrics Data-driven Management 241

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. Yet they report only 24% of current generative AI projects are being secured. Why is there such a disconnect?

Enterprise 72

Enterprise Risk Strategy ROI 72

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 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?

Scorecard 59

Scorecard Cost-Benefit ROI IT 59

IBM Big Data Hub

NOVEMBER 7, 2023

For business leaders exploring ways to apply generative AI within their companies, it can be difficult to discern where to start, what will scale easily and what will deliver the greatest ROI. The study found that 8 out of 10 C-suite executives agree that the benefits of generative AI are worth the potential risks. Why automation?

Digital Transformation 92

Digital Transformation ROI Cost-Benefit Reporting 92

datapine

APRIL 21, 2022

An accounting department may consider leveraging electronic contracts, data collecting, and reporting as a part of the digital transition. Several marketing dashboard tools allow you to generate automated online dashboards and reports to track your most relevant KPIs in one place. Interactivity-driven Social Marketing.

Digital Transformation 206

Digital Transformation Marketing Advertising Scorecard 206

CIO Business Intelligence

MAY 10, 2023

When I joined, there was a lot of silo data everywhere throughout the organization, and everyone was doing their own reporting. In fact, the ROI was so high, we gained the trust of our executives to invest in a platform to begin centralizing data.” “My team and I are very proud of our transformation that started in 2019,” she says.

Data-driven 120

Data-driven IT Digital Transformation Data Governance 120

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

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

Smart Data Collective

JANUARY 25, 2023

Deloitte released a report on trends in the construction industry, which includes the benefits of analytics. By automating many of the tasks typically performed manually, construction software can save time and reduce the risk of errors. This can help construction companies to work more efficiently and get more done in less time.

Management 92

Management Analytics Cost-Benefit Analytics Technologies 92

CIO Business Intelligence

AUGUST 23, 2022

According to a IDC 1 , 71 percent of organizations report their long-term planning cycles have shortened due to COVID-19, with 82 percent of the same participants stating that long-term planning cycles have been reduced to two years or less. . IT procurement cycles have accelerated and investments have increased – much more than pre-COVID.

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

CIO Business Intelligence

JANUARY 17, 2023

In fact, by switching from a legacy PDF editor to a lower cost alternative, organizations saw a three-year ROI of 284%. Foxit provides a fast, affordable, and secure alternative PDF solution that enables organizations to lower costs, increase productivity, and reduce risk. Digital Transformation.

ROI 52

ROI Digital Transformation Risk Consulting 52

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 76

Metadata Risk Experimentation Dashboards 76

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

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

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. Bedford, Mass.-based Betadam: This is why agile is important for our entire organization.

Modeling 98

Modeling IT Strategy Uncertainty 98

IBM Big Data Hub

OCTOBER 25, 2023

Look for relatively discrete and low-risk opportunities to explore proof-of-concept implementations. Creating a customized ROI framework In generative AI, ROI calculation methods are not mature or standardized, nor are comparative benchmarks often available. Start small, test and scale.

Cost-Benefit 89

Cost-Benefit ROI Modeling Testing 89

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. Challenges around managing risk. It is an imperative.

Metadata 101

Metadata Risk Risk Management Experimentation 101

IBM Big Data Hub

JUNE 23, 2023

Our experts at IBM Consulting are taking a comprehensive look at generative AI for F&A and considering the need to balance risks. A recent report published by IBM’s Institute for Business Value (IBV) specifies key actions in response to one of seven bets proposed. Risk management and controls are an imperative in F&A.

Finance 60

Finance Consulting Data-driven Risk 60

Octopai

FEBRUARY 26, 2024

Here, we delve into how Octopai’s automated data lineage platform is pivotal in transforming data management practices, thereby affecting ROI, reducing technical debt, and facilitating seamless migration and modernization efforts. Consider the process of decommissioning a database and identifying all connected reports.

Metadata 52

Metadata ROI Optimization Data-driven 52

CIO Business Intelligence

JUNE 21, 2023

One report estimates that 4,000 positions were eliminated by AI in May alone. At the same time, the tech sector is facing a severe skills shortage, with The Financial Times reporting managers having a harder, not easier, time finding the talent they need despite all the headlines of layoffs.

Modeling 105

Modeling Cost-Benefit ROI Digital Transformation 105

CIO Business Intelligence

OCTOBER 4, 2022

A recent report from LiveRamp outlines the four steps that can bring a company to data maturity. Stephan Zimmerman, a Senior Partner at McKinsey & Company, confirms this sentiment in the LiveRamp report. The four steps to data advantage. 1) Match the tech strategy to the business strategy. 2) Invest in an identity solution.

Cost-Benefit 105

Cost-Benefit Strategy ROI Digital Transformation 105

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

Smarten

JUNE 24, 2022

It provides modules to support inventory management, purchasing, sales professionals, accountants, finance managers and other expense and revenue related functions responsible for taxes, statutory reporting etc. These are just a few examples of how businesses can gain insight and provide actionable reporting to improve results.

Analytics 52

Analytics Key Performance Indicator Finance Sales 52

Alation

JULY 15, 2022

I recently led an online session, Data Monetisation and Governance , looking at the evolution of data governance , defining data ethics (from the Turing Institute ), and touching on the balancing act between using data to monetise (by increasing revenue, decreasing spend, or mitigating risk) and meeting ethical obligations.

Cost-Benefit 89

Cost-Benefit Data Governance ROI Risk 89

Juice Analytics

JANUARY 9, 2023

It’s a laymen’s term quick guide that walks users through how to request access, ask for support, submit a request for a new report, etc. Training Videos (big hitter: BI Portal Overview): The BI content (reports and dashboards) that we create lives on this BI Portal, so it’s imperative that people know how to navigate it.

Analytics 64

Analytics Dashboards ROI Reporting 64

IBM Big Data Hub

APRIL 18, 2024

Nearly all respondents reported promising early results from gen AI experiments and planned to increase their spending in 2024 to support production workloads. Here are some areas where organizations are seeing a ROI: Text (83%) : Gen AI assists with automating tasks like report writing, document summarization and marketing copy generation.

Cost-Benefit 95

Cost-Benefit Modeling Manufacturing Interactive 95