IBM Big Data Hub

APRIL 25, 2023

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. However, 57% of CEOs admit that defining and measuring the Return on Investment (ROI) and economic benefits of their sustainability efforts remain a significant challenge.

Risk Management 86

Risk Management Risk Management Metrics 86

CIO Business Intelligence

MARCH 12, 2024

With greater scrutiny on margins and ROI, CIOs must spend wisely, making today’s economic environment a more difficult one for selling preemptive projects that don’t produce immediate ROI. Here are three strategies for getting it done. When these additional costs appear, the original ROI prognosticators get unhappy.

ROI 122

ROI IT Manufacturing Metrics 122

Smart Data Collective

DECEMBER 15, 2021

They make up an aspect of marketing focused on using the internet and cloud-based technology to promote brands. Whether marketers intend to reach new customers or persuade the existing ones, here are ways analytics is boosting returns on investment (ROI): 1. Reduced Risks. Increased Customer Growth. Improved Marketing Campaigns.

ROI 117

ROI Marketing Data Analytics Analytics 117

CIO Business Intelligence

MARCH 6, 2024

Operational technology (OT) organizations face increasing challenges when it comes to cybersecurity. continues to roll out, the internet of things (IoT) is expanding, and manufacturing organizations are using the latest technologies to scale. Attacks against OT systems pose risks beyond financial losses. As Industry 4.0

ROI 124

ROI Manufacturing Cost-Benefit IoT 124

Smart Data Collective

JUNE 2, 2022

Cloud technology is becoming an increasingly important part of modern business. One of the biggest reasons cloud technology is becoming important is that it is helping companies make e-procurement possible. This is all made possible with cloud technology. Meticulous Implementation of Procurement Strategy. In Conclusion.

Technology 120

Technology ROI Cost-Benefit Forecasting 120

Cloudera

AUGUST 30, 2022

Data-fuelled innovation requires a pragmatic strategy. 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. Embrace incremental progress.

Strategy 101

Strategy Data Strategy ROI Cost-Benefit 101

Andrew White

DECEMBER 19, 2022

Despite the dearth of case studies and press stories telling of wonderous tools and technologies, economic growth has not materialized driven by increased productivity. There were other channels with better rates of return and lower risk. Our research suggests that most investments do not have any real ROI analysis behind them.

ROI 52

ROI Cost-Benefit Strategy Data-driven 52

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. Continuous and dependable funding facilitates IT leaders’ ability to deliver leading-edge technology solutions while not increasing technical debt. CFOs want certainty when it comes to spend.

Modeling 122

Modeling Cost-Benefit IT ROI 122

CIO Business Intelligence

FEBRUARY 24, 2023

It attributed the rise to the proliferation of new technologies in regions around the world, with many more people than ever before possessing IT skills. To keep ahead of cybercriminals, organizations must remain agile, pivoting to embrace new strategies and technologies whenever necessary in order to outrun attacks.

Strategy 99

Strategy ROI Consulting Technology 99

CIO Business Intelligence

MARCH 30, 2022

In today’s transformative business environment, emerging technology has a decisive role to play in an organization’s innovations, customer experience and overall success. These technologies can help companies create powerful transformations to drive revenue and outshine the competition. Enrich to Empower.

Technology 94

Technology Internet of Things ROI IoT 94

IBM Big Data Hub

MARCH 4, 2024

Generative AI (gen AI) introduces transformative innovation to all aspects of a business; from the front to the back office, through ongoing technology modernization, and into new product and service development. times higher ROI. times higher ROI.

Enterprise 107

Enterprise ROI Risk Strategy 107

Smart Data Collective

DECEMBER 13, 2021

The e-commerce sector has been one of the most affected by major advances in data technology. New advances in data technology have been especially beneficial for marketing. E-commerce Companies Are Using Big Data Technology to Improve the Execution of their Marketing Strategies. billion on big data by 2025.

Data-driven 135

Data-driven Marketing Strategy Big Data 135

CIO Business Intelligence

APRIL 24, 2024

The announcement comes amid reluctance among some CIOs regarding the ROI of generative AI copilots. It means they can now leverage AI technology to enhance operational efficiency, reduce manual work, and innovate at scale,” he said. Ensuring human oversight and rigorous quality checks can mitigate the risks associated with AI errors.”

Enterprise 116

Enterprise Digital Transformation Consulting Risk 116

Smart Data Collective

MARCH 23, 2023

You have probably read a lot about the major changes brought on by AI technology in recent months. For example, ChatGPT recently The Independent said that the technology is starting to show signs that it can think like humans. However, others want more control over AI technology, so they are seeking to develop their own AI software.

Software 114

Software Strategy Cost-Benefit Testing 114

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. That process starts with having robust analytical capabilities in the finance and accounting department.

ROI 59

ROI Finance Uncertainty Cost-Benefit 59

Smart Data Collective

APRIL 3, 2022

One of the ways to make money through the use of AI technology is with algorithmic trading. This is a huge market driven by AI technology that is expected to be worth $19 billion by 2024. As AI technology has improved, algorithmic trading has become more effective and given traders the opportunity to realize higher ROIs.

Technology 95

Technology Cost-Benefit ROI Strategy 95

IBM Big Data Hub

JUNE 20, 2023

Here’s what you need to know in order to build a successful strategy. Digital twin technology: A digital twin is a virtual representation of an asset a company intends to acquire that assists organizations in their decision-making process. What is an asset? Companies use assets to create value.

Strategy 78

Strategy Management Cost-Benefit IoT 78

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. Today, AI technologies are being used more widely than ever to generate content, improve customer experiences and deliver more accurate results. What is AI marketing?

Marketing 86

Marketing Technology Advertising ROI 86

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 127

Data Strategy B2B Strategy Big Data 127

Smart Data Collective

NOVEMBER 12, 2021

To address newer challenges, security providers have developed new technologies and strategies to combat evolving threats. To get acquainted with the ways security firms are handling the new breed of threats in cyberspace, here’s a rundown of the notable strategies the leading cybersecurity platforms and security firms are offering.

Strategy 132

Strategy Enterprise Testing Cost-Benefit 132

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

Smarten

DECEMBER 20, 2022

Technology research firm, Gartner, states that, ‘80% of organizations seeking to scale digital business will fail because they do not take a modern approach to data and analytics governance.’ Every business user is also a consumer of technology and every business user expects easy access to information on mobile devices.

ROI 52

ROI Cost-Benefit Data-driven Business Intelligence 52

Smart Data Collective

JANUARY 30, 2023

AI technology is becoming increasingly important for software developers. AI Technology is Driving Major Changes in Software Development in an Uncertain Economy As 2022 is slowly coming to an end, we can’t say this is precisely what we thought the business environment would look like five years ago. Cyber attacks.

Software 98

Software Strategy Testing Advertising 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, 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 120

ROI Cost-Benefit KPI Uncertainty 120

CIO Business Intelligence

AUGUST 30, 2023

Corporate projects are classically evaluated on standard matrices such as return on investment (ROI), break-even period, and capital invested. But as organizations look to quickly leverage the power of emerging digital technologies for business growth, such an approach is falling short on expectations.

Digital Transformation 102

Digital Transformation Experimentation ROI Risk 102

datapine

MARCH 15, 2019

At present, 53% of businesses are in the process of adopting big data analytics as part of their core business strategy – and it’s no coincidence. explore data intelligence technologies, glance at information intelligence, and consider how these activities offer continued value in a real-life business context.

Technology 143

Technology Cost-Benefit KPI Dashboards 143

CIO Business Intelligence

DECEMBER 29, 2023

With the merging of operational efficiency and embracing new technologies, today’s CIOs are under increasing pressure to do more with less and become both technologists and business leaders, says Sunny Azadeh, CIO at digital services company GlobalLogic. “In

Cost-Benefit 137

Cost-Benefit Digital Transformation Consulting Strategy 137

Smart Data Collective

JULY 7, 2022

We have previously talked about the reasons that data analytics technology is changing the financial industry. They point out that value investors are using machine learning technology to anticipate future stock prices. Technical analysts can also benefit from investing in data analytics technology. Keep reading to learn more.

Marketing 142

Marketing Data Analytics Analytics ROI 142

Smart Data Collective

SEPTEMBER 19, 2022

The industry is growing at a remarkable rate due to this new technology. They can also anticipate industry trends, assess risks, and make strategic steps to elevate the customer experience. Improving Risk Assessment. Measure the ROI from delivering a great customer experience. Improving Security. Fraud detection.

Big Data 129

Big Data ROI Measurement Risk 129

CIO Business Intelligence

FEBRUARY 7, 2024

But APIs do more than support next-generation technologies — they already serve a foundational purpose within most enterprises. API-first strategies on the rise APIs are ubiquitous within modern software architectures, working behind the scenes to facilitate myriad connected capabilities. “As

Business Objectives 124

Business Objectives Cost-Benefit Strategy Data-driven 124

CIO Business Intelligence

JUNE 8, 2023

I’ll start with the surprising: 43% of executives say they already have a metaverse strategy in place. These timelines do not necessarily align with what I see, as most industries are likely not capable of executing a metaverse strategy in the short term. What about the game-changing technologies?

Marketing 109

Marketing Recreation/Entertainment Interactive Risk 109

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

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 technology is infiltrating our business in ways we never thought of ourselves,’’ he says. When it comes to fostering digital literacy in the C-suite, Michael Seals literally wrote the book. At his company, anyway.

Digital Transformation 135

Digital Transformation ROI Strategy Technology 135

IBM Big Data Hub

JANUARY 15, 2024

Enterprises now recognize the importance of leveraging innovative technologies to drive digital transformation and achieve cost efficiency. However, a lack of precise top-level planning and a narrow focus on technology without integration with business needs led to significant investments with suboptimal results for many companies.

Digital Transformation 75

Digital Transformation Insurance Optimization ROI 75

IBM Big Data Hub

OCTOBER 25, 2023

Here’s how CTOs and CIOs can evaluate their technology and data estates, assess the opportunity and chart a path forward. First, technology leaders need to estimate the full financial impact of modernization (versus the cost of not modernizing) across the organization. From our perspective, the debate over architecture is over.

Cost-Benefit 90

Cost-Benefit ROI Modeling Testing 90

CIO Business Intelligence

OCTOBER 31, 2023

But aligning with sales leaders on transformative technology initiatives takes more than just rolling out their tech of choice. One mistake IT leaders make is allowing a communications gap to exist, leaving the sales team with inadequate or ill-suited technological solutions,” he says.

Sales 117

Sales IT Enterprise Technology 117