CIO Business Intelligence

FEBRUARY 14, 2023

Leaders see the cloud as a path to modernize their IT infrastructure, so they can achieve greater flexibility and agility, lower costs of operations, faster time to market, and heightened competitive advantage — just to name a few. However, for each of these major benefits, there’s also an inherent set of obstacles.

Cost-Benefit 120

Cost-Benefit Digital Transformation Metrics Marketing 120

CIO Business Intelligence

JANUARY 10, 2024

Migrating infrastructure and applications to the cloud is never straightforward, and managing ongoing costs can be equally complicated. Plus, you need to balance the FinOps team’s need for autonomy against the CIO’s need for centralized control to gain economies of scale and avoid runaway costs.

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CIO Business Intelligence

OCTOBER 23, 2023

Equinix and Dell Technologies have a longstanding partnership built around solving the real challenges modern companies face—from infrastructure performance to costs, security, and speed of deployment. 1] Enterprise Strategy Group, The Role of ESG Programs in IT Decision Making , 2022. [2]

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Digital Transformation Cost-Benefit Metrics Optimization 127

AWS Big Data

MARCH 12, 2024

We share our benchmarking results and methodology, and insights into the cost-effectiveness of EMR Serverless vs. fixed capacity Amazon EMR on EC2 transient clusters on our data workflows orchestrated using Amazon Managed Workflows for Apache Airflow (Amazon MWAA). By early 2022, we successfully migrated our big data workloads to EMR on EC2.

Cost-Benefit 115

Cost-Benefit Big Data Optimization Metrics 115

CIO Business Intelligence

OCTOBER 21, 2022

The contact center software market is expected to grow at a 21% compound annual growth rate ( CAGR ) from 2022 to 2030. But, with all this growth comes new potential costs. Amid a fast-changing landscape, contact center executives have a critical task: Keep pace and grow while also reducing costs and driving efficiency.

Cost-Benefit 97

Cost-Benefit Testing Metrics Marketing 97

CIO Business Intelligence

SEPTEMBER 13, 2024

Beginning in June 2022, the Santa Clara, Calif.-based The key objective was to accelerate our delivery time, increase accuracy, optimize costs, and reduce the touch process.” Hari Jayaram, CVP and CIO, Applied Materials Hari Jayaram / Applied Materials The benefits of modernization But it was no easy task.

Manufacturing 123

Manufacturing Cost-Benefit Testing Interactive 123

CIO Business Intelligence

MARCH 29, 2023

Cut to one of the most significant concerns across enterprises today: rising cloud costs. The business case for cloud remains the same: greater scalability, increased efficiency, better data security, increased reliability and resilience — and, potentially, lower costs.

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Cost-Benefit Measurement Enterprise Optimization 137

Smart Data Collective

JUNE 16, 2022

Until now, they were proactively involved to maximize IT efficiencies and accelerate cost savings in general. While we are at it, Gartner’s 2022 report on business composability further pushes the need for analytics. CIOs, in collaboration with such groups, can categorize their practice building into 3 focus areas: .

Business Analytics 135

Business Analytics Analytics Forecasting Business Analysis 135

AWS Big Data

JUNE 21, 2024

We added 35 optimizations since the EOY 2022 release, EMR 6.9, with the EOY 2022 release (version 6.9) to demonstrate the latest cost improvements Amazon EMR has achieved. The cost metric can provide us with additional insights. Cost estimates are computed using the following formulas. Metric Amazon EMR 7.1

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Cost-Benefit Testing Optimization Statistics 119

CIO Business Intelligence

MAY 28, 2022

The benefits of a solid cloud foundation. Sixty percent of the insurer’s global workloads run in the cloud, delivering significant savings in hardware and software purchasing, but the big benefit comes in the form of business insights from analytics on the cloud that are immeasurable, he says. We use it all over the place.”.

Insurance 145

Insurance Machine Learning Digital Transformation Cost-Benefit 145

CIO Business Intelligence

NOVEMBER 17, 2023

Managed service provider business model Managed service providers structure their business to offer technology services cheaper than what it would cost an enterprise to perform the work itself, at a higher level of quality, and with more flexibility and scalability.

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Management IT IoT Cost-Benefit 130

CIO Business Intelligence

DECEMBER 19, 2022

Combating the Cycle of Distrust Edelman called its 2022 trust survey The Cycle of Distrust. In times of scarce digital and marketing skills availability, this is a seriously important benefit. A unified cloud platform joins up systems and customer profile data to deliver consistent and accurate real-time marketing metrics.

Advertising 97

Advertising Cost-Benefit Metrics Marketing 97

AWS Big Data

OCTOBER 17, 2024

The following is a testimony from Keith McDuffee, Director of DevOps at Verisk Analytics, a customer who used zero-ETL integration with DynamoDB in place of their homegrown solution and benefitted from the seamless replication that it provided: “We have dashboards built on top of our transactional data in Amazon Redshift.

Metrics 114

Metrics Dashboards Data Warehouse Statistics 114

AWS Big Data

MAY 1, 2024

To achieve data-driven management, we built OneData, a data utilization platform used in the four global AWS Regions, which started operation in April 2022. Manage and guide metrics for the quality of data published by each publisher. As of November 2023, more than 200 projects and 37,000 users were onboarded. Each role has sub-roles.

Dashboards 124

Dashboards Publishing Data-driven Cost-Benefit 124

CIO Business Intelligence

MAY 29, 2024

Klarna has been leaning heavily into AI since ChatGPT was launched in November 2022, and the general feeling within the company is that gen AI can help nearly everybody in the organization become more effective, regardless of their skill level or role. AI will benefit humanity in many ways,” says Koushik.

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CIO Business Intelligence

FEBRUARY 7, 2023

Yet, it’s not uncommon for executives to cut costs in areas that actually improve customer experiences and also double-down on investments that can minimize them. In its State of Service report, Salesforce research learned that case volumes for 54% of service teams rose between 2021 and 2022. There’s much to be done.

Uncertainty 116

Uncertainty Cost-Benefit Sales Reporting 116

datapine

NOVEMBER 11, 2021

1) Benefits Of Business Intelligence Software. Taking all these into consideration, it is impossible to ignore the benefits that your business can endure from implementing BI tools into their data management process. Benefits Of Business Intelligence Software. Table of Contents. 2) Top Business Intelligence Features.

Business Intelligence 213

Business Intelligence Dashboards Interactive Visualization 213

datapine

MARCH 16, 2023

2) Pros & Cons Of Bar Charts 3) When To Use A Bar Graph 4) Types Of Bar Charts 5) Bar Graphs & Charts Best Practices 6) Bar Chart Examples In today’s fast-paced analytical landscape, data visualization has become one of the most powerful tools organizations can benefit from to be successful with their analytical efforts.

Visualization 196

Visualization KPI Cost-Benefit Dashboards 196

CIO Business Intelligence

SEPTEMBER 8, 2023

Operating rooms are a significant source of revenue for healthcare organizations — and a main contributor to costs. As such, any cost savings in operating rooms can have broad financial impact on a healthcare facility’s bottom line.

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Cost-Benefit Machine Learning Metrics Marketing 106

CIO Business Intelligence

SEPTEMBER 8, 2022

In Foundry’s 2022 Data & Analytics Study , 88% of IT decision-makers agree that data collection and analysis have the potential to fundamentally change their business models over the next three years. Businesses are facing a rapidly evolving set of threats from supply chain constraints, rising fuel costs, and shipping delays.

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Cost-Benefit Internet of Things Data-driven Data Lake 122

CIO Business Intelligence

APRIL 5, 2023

Employers benefitted too, releasing some of their real estate for savings on facility costs and reducing travel expenses. A Gartner HR study recently estimated that 24% of workers would likely shift to a new job in 2022 –and this turnover rate is especially true of knowledge workers who must interact daily with the company’s systems.

Cost-Benefit 116

Cost-Benefit Metrics Measurement Digital Transformation 116

CIO Business Intelligence

JANUARY 20, 2023

According to a recent IDC whitepaper , leaders saw on average two and a half times better results than other organizations in many business metrics. Of course, cost is a big consideration, says Orlandini, as well as deciding where to host the data, and having it available in a fiscally responsible way.

Data Lake 135

Data Lake Data-driven Finance Data Architecture 135

CIO Business Intelligence

JANUARY 5, 2023

Here are some examples of how IT pros are using low code/no code tools to deliver benefits beyond just reducing the workload on professional developers. Without low code, which allows him to test new features at 10 to 15% of the cost of traditional development, “we couldn’t afford all the experiments we’re doing,” he says. “If

IT 130

IT Cost-Benefit Testing Dashboards 130

CIO Business Intelligence

SEPTEMBER 25, 2023

Am I identifying and using the right business metrics to measure progress? Most CIOs have moved beyond using traditional IT metrics like uptime and application availability to determine whether a tech-driven initiative is successful. It’s a common scenario. 8: Is all my talent ready — and am I making the right moves on this front?

Digital Transformation 145

Digital Transformation Measurement Data-driven Metrics 145

IBM Big Data Hub

NOVEMBER 8, 2023

The change, challenge and benefits are here FDA FSMA will have significant global implications for traceability. We saw this happen between Dole and Walmart in 2022 when a particular brand of lettuce—Ocean Mist Farms brand Romaine Hearts—had to be recalled.

Cost-Benefit 106

Cost-Benefit Consulting Risk Reporting 106

CIO Business Intelligence

JUNE 21, 2023

In 2022, companies were still reeling from the rapid digital transformation efforts to survive the pandemic. A common but critical challenge I hear from CIOs, CTOs, and CDOs every day is that they have a difficult time helping the C-suite understand that IT is the very architecture for the future of business, not a cost center.

Modeling 106

Modeling Cost-Benefit Business Objectives Digital Transformation 106

AWS Big Data

JANUARY 31, 2023

At AWS re:Invent 2022, we announced the general availability of two new Amazon QuickSight visuals: small multiples and text boxes. As shown in the following radar chart, each employee metric forms the axis with each department being represented by individual series. We are excited to add another new visual to QuickSight: radar charts.

Visualization 98

Visualization Sales Metrics Measurement 98

CIO Business Intelligence

MAY 24, 2023

Security, strategy and cost were among the top reasons for migrating workloads. As an IT leader, you know providing a sound foundation complemented by the right tools is necessary to achieve return-on-investment goals and other key metrics. Isn’t it time to put your stake in the ground-to-cloud strategy?

Strategy 98

Strategy Digital Transformation Cost-Benefit Software 98

CIO Business Intelligence

AUGUST 22, 2023

Underlining the need for building a customer-centric mindset , he says IT leaders must “adopt a methodology that elevates customer experience as a top-level metric, on par with technical and functional requirements that technology teams have traditionally been responsible for.”

Digital Transformation 98

Digital Transformation Cost-Benefit Marketing Metrics 98

CIO Business Intelligence

MAY 27, 2022

The benefits of a solid cloud foundation. Sixty percent of the insurer’s global workloads run in the cloud, delivering significant savings in hardware and software purchasing, but the big benefit comes in the form of business insights from analytics on the cloud that are immeasurable, he says. We use it all over the place.”.

Insurance 98

Insurance Machine Learning Digital Transformation Cost-Benefit 98

IBM Big Data Hub

MAY 25, 2023

In this blog post, we will examine traditional IT operation problems through the lens of data-driven automation and the benefits of AIOps. It’s a powerful way to address critical issues like sub-optimal application performance and poor customer experiences, boost metrics like MTTR and address IT team skill issues for greater resiliency.

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Cost-Benefit Digital Transformation Optimization Data-driven 70

CIO Business Intelligence

JULY 7, 2023

As an IT management framework, ITIL can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. As of 2023, ITIL 4 has been fully rolled out and Axelos announced the discontinuation of ITIL 3 at the start of 2022.

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Cost-Benefit Strategy Management Uncertainty 98

AWS Big Data

DECEMBER 21, 2023

smava’s Data Platform team faced the challenge to deliver data to stakeholders with different SLAs, while maintaining the flexibility to scale up and down while staying cost-efficient. They chose provisioned cluster nodes of the RA3 type with Reserved Instances (RIs) for cost optimization. Only the cluster’s storage incurs charges.

Data Lake 115

Data Lake Data Warehouse Data-driven B2B 115

Andrew White

JANUARY 9, 2022

On Thursday January 6th I hosted Gartner’s 2022 Leadership Vision for Data and Analytics webinar. Which trends do you see for 2022 in AI & ML technology and tools and tool capabilities? We will publish a new Top Trends for D&A for 2022 in a couple of months. The last item should be updated in 2022.

Analytics 64

Analytics Measurement Data-driven Modeling 64

CIO Business Intelligence

APRIL 22, 2024

As such, Scavuzzo and his team look for technologies that do way more than boost productivity or cut costs. Moreover, Scavuzzo saw an additional business benefit to such an approach, thanks to scale: Using anonymized data, Marcum could analyze and compare client performance and thereby provide better consulting advice to them.

IT 126

IT Data-driven Strategy Consulting 126

IBM Big Data Hub

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. The benefits of strategic sourcing are vast, ranging from overall supply chain process optimization to more cost-effective, long-term relationships with partners.

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Cost-Benefit Scorecard Risk Recreation/Entertainment 78

IBM Big Data Hub

FEBRUARY 7, 2024

These efforts often go hand in hand with broader corporate sustainability initiatives and can lead to significant cost savings and improved environmental performance. trillion in economic benefits by 2030. Companies are investing in renewable energy projects and implementing energy-efficient technologies and practices.

Reporting 88

Reporting Internet of Things Cost-Benefit Data-driven 88