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Where’s the ROI for AI? CIOs struggle to find it

CIO Business Intelligence

I have found very few companies who have found ROI with AI at all thus far,” he adds. The concern about calculating the ROI also rings true to Stuart King, CTO of cybersecurity consulting firm AnzenSage and developer of an AI-powered risk assessment tool for industrial facilities.

ROI 143
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TBM helps CIOs translate tech spending to business outcomes

CIO Business Intelligence

AI pressures The rapid adoption of AI over the past two years has demonstrated a need for IT spending to be better connected to business results, Guarini says, as CIOs are under pressure to deliver ROI from AI projects. Im expecting you to drive revenue growth and increase productivity of my teams.

ROI 96
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A Few 2016 Technology Predictions

In(tegrate) the Clouds

I enjoy the end of the year technology predictions, even though it’s hard to argue with this tweet from Merv Adrian: By 2016, 99% of readers will be utterly sick of predictions. 2016 will be the year of the data lake. In 2016, which software company will be the biggest game-changer for the long term? Does Elon Musk count?

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Forrester Does the Math on the ROI of the Alation Data Catalog

Alation

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
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The Top 20 Data Visualization Books That Should Be On Your Bookshelf

datapine

A BI strategy that leverages data visualization will provide an ROI of $13.01 Originally published in 2016, it has a second edition that was published in 2019 that includes a rewritten chapter on qualitative data as well as 9 new chart types and shortcuts on Excel. back on every dollar spent. click for book source**.

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12 famous ERP disasters, dustups and disappointments

CIO Business Intelligence

Panorama Consulting Solutions, which regularly surveys businesses on the outcomes of their ERP projects, shows in its 2022 report that 81% of projects met ROI expectations a year or more after go-live. But the merged company made the fateful choice to go with a new provider, SAP HANA, by December 2016. But things began to slip.

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Generative AI’s killer enterprise app just might be ERP

CIO Business Intelligence

Because the use of gen AI in ERP systems is still in its infancy, IT leaders are still figuring out how to calculate the ROI , Herbert adds. Through a partnership with IBM, the company began using traditional AI for analytics in 2016, to demonstrate the power of AI to customers, he says.