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Advice from procurement: How to evaluate and propose new IT investments

CIO Business Intelligence

So how can you request a new investment from your decision-makers while ensuring minimal costs and maximum ROI this year? Focus on positive impact : Focus on the benefits and ROI of the proposed investment, such as increased productivity, better security, or improved customer satisfaction.

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How to get your CFO to buy into a better model for IT funding

CIO Business Intelligence

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.

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A Complete Guide To Driving Digital Transformation In Marketing

datapine

Later, your team can find the right channels that offer better ROI. The image above is an example of a scorecard report tracking the performance of 4 social channels. Maintaining and increasing the ROI of your digital marketing requires constant improvement and iteration. The value of this tool lies in its visual nature.

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Self-Service Data’s New Frontier: The Data Catalog

Alation

It was down to Qlik, Microsoft, Microstrategy, and Tableau to represent and discover the complexities of the College Scorecard Data from the U.S. If big data ROI is what you find inspiring, Kristie Allen’s presentation on Wednesday did the trick. Department of Education. Definitely one of the best presentations of the week!

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A Guide To The Top 14 Types Of Reports With Examples Of When To Use Them

datapine

A good example is a KPI scorecard. This scorecard format dashboard monitors the performance of 4 main social media channels: Facebook, Twitter, Instagram, and YouTube and it serves as a perfect visual overview to track the performance of different social media efforts and achievements.

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Google Analytics Custom Reports: Paid Search Campaigns Analysis

Occam's Razor

You get immense focus in the scorecard (summary) using just the Acquisition (Visits, Unique Visitors), Behavior (Bounce Rate, Pageviews – proxy for content consumption) and Outcome (Transactions, Average Value, Revenue) metrics and Key Performance Indicators. This company could use some improvement but overall not bad.

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Consolidate Your Software Spend Data For Better IT Budget Planning

Smart Data Collective

It’s vital to use efficient tools to measure, manage, and communicate the RoI on IT expenditure, so you can optimize budgets and raise transparency and trust towards IT departments and investments. This requires planning your IT budget more carefully in order to demonstrate RoI and value add. Increase Visibility into Your IT Budget.