CIO Business Intelligence

MARCH 21, 2022

Source: State of the CIO, 2022. The pivot back to foundational IT work was reflected in CIO.com’s 2022 State of the CIO research , which surveyed 985 IT leaders and 250 line of business (LOB) participants. Source: State of the CIO, 2022. Source: State of the CIO, 2022. Source: State of the CIO, 2022. Credit: CIO.

IT 131

IT Digital Transformation Consulting Manufacturing 131

CIO Business Intelligence

NOVEMBER 5, 2024

According to the IDC FutureScape: Worldwide Future of Industry Ecosystems 2023 Predictions (October 2022), by 2025 60% of global 2000 organizations will have formed cross-ecosystem environmental sustainability teams responsible for sharing data, applications, operations, and expertise in ways that facilitate sustainable ecosystem practices.

Uncertainty 98

Uncertainty Measurement ROI Reporting 98

CIO Business Intelligence

AUGUST 15, 2024

Determining the ROI for “ubiquitous” gen AI uses, such as virtual assistants or intelligent chatbots , can be difficult, says Frances Karamouzis, an analyst in the Gartner AI, hyper-automation, and intelligent automation group. CIOs need to be able to articulate the business value and expected ROI of each project.

ROI 143

ROI Cost-Benefit Experimentation Deep Learning 143

CIO Business Intelligence

MARCH 10, 2023

The Cost of a Data Breach 2022 Report highlights the role of automation in halving the cost of a data breach and reducing the time to identify and contain by 77 days. It also enables a greater ROI on your current tools and technology, bringing them into play as part of the orchestration process.

Digital Transformation 143

Digital Transformation Cost-Benefit ROI Risk 143

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. When these additional costs appear, the original ROI prognosticators get unhappy. The average cost of a data breach is $4.64

ROI 122

ROI IT Manufacturing Metrics 122

Andrew White

DECEMBER 19, 2022

Many of these investments will go along with a justification tied to a strategy, or perhaps an ROI. Our research suggests that most investments do not have any real ROI analysis behind them. Your Next ROI. The post You Need a Higher, More Reliable ROI appeared first on Andrew White.

ROI 52

ROI Cost-Benefit Strategy Data-driven 52

Alation

JULY 18, 2022

That was the message — delivered a little more elegantly than that — at Databricks’ Data+AI Summit 2022. The post Databricks’ Data+AI Summit 2022: A Show of Partner “Unity” appeared first on Alation. Are your data users overwhelmed by silos and frustrated by untrusted data? Tell them to grab a catalog … and go jump in a lake.

ROI 52

ROI Metadata Data Lake Digital Transformation 52

CIO Business Intelligence

AUGUST 19, 2024

Según Frances Karamouzis, analista del grupo de IA, Hiperautomatización y Automatización Inteligente de Gartner, puede resultar difícil determinar el ROI de los usos ‘ubicuos’ de la IA generativa , como los asistentes virtuales o los chatbots inteligentes. Lo que sube tiene que bajar”.

ROI 24

ROI 24

CIO Business Intelligence

JANUARY 25, 2024

For enterprise executives in 2024, that means right-sizing those expectations and getting to work: justifying the right use cases, forming teams, and tracking progress and ROI. Leverage AI to put IT efficiency into overdrive ChatGPT’s release in 2022 kicked off an unprecedented hype cycle for the new technology.

ROI 105

ROI Experimentation Sales Machine Learning 105

CIO Business Intelligence

AUGUST 2, 2022

billion in 2022, up by 19.5% Slow implementation across one or multiple business functions slows down the ROI cycle—one of the causes of slow spending on RPA,” Mehta added. Driven by the ongoing need for companies to automate repetitive tasks, global RPA (robotic process automation) software revenue is expected to reach $2.9

Software 122

Software Forecasting Sales ROI 122

IBM Big Data Hub

MAY 17, 2023

They determined an ROI of 212% over 3 years for a composite organization based on interviewed customers who are running their SAP environments in IBM Cloud. IBM Consulting, a 2022 Gartner MQ leader in SAP S/4HANA Application Services, provides full transformation and end-to-end managed services.

Consulting 114

Consulting ROI Manufacturing Management 114

Smart Data Collective

JANUARY 27, 2022

They have heard that big data can be useful, so they invest in it without much consideration for their ROI. This blog post will explore 5 ways to make the most of your IT budget while creating a data strategy in 2022. #1 One of the biggest ways to make the most of your IT budget in 2022 is through network infrastructure upgrades.

Optimization 124

Optimization IT Big Data Cost-Benefit 124

Smart Data Collective

DECEMBER 13, 2021

Here are five marketing strategies you need to use to grow your e-commerce store in 2022. You will have an easier time improving your ROI if you use it to your advantage. By following these tips, you’ll be able to supercharge your e-commerce business and set it up for success in 2022. Use data to strengthen brand identity.

Data-driven 145

Data-driven Marketing Strategy Big Data 145

CIO Business Intelligence

MARCH 16, 2022

As a result, they have gained the ability to make significant inroads in meeting top-level business objectives, including improving ROI, speeding time to market, and delivering enhanced customer value. The VSM Summit will take place on Wednesday, April 20, 2022 from 11:00 a.m. – Conclusion.

Management 98

Management Cost-Benefit Insurance Business Objectives 98

CIO Business Intelligence

NOVEMBER 20, 2023

Of customers who turned to a support bot from December 2022 to February 2023, only 25% said they would willingly use them again to solve a problem, according to Gartner. Training and onboarding new call center workers The attrition rate of call center employees is brutal; in 2022, the average turnover rate was 38%.

Interactive 130

Interactive Risk ROI Testing 130

Smart Data Collective

JULY 4, 2022

In this piece, we will look at the top eLearning trends driven by big data that are taking hold in 2022, which will be the most useful in implementing eLearning programs across enterprises without taking a break from your learning and development process. Academic institutions are going to have to rely more on big data than ever.

Data-driven 137

Data-driven Big Data Interactive Recreation/Entertainment 137

datapine

DECEMBER 11, 2019

billion by 2022—a level of growth that will shape SaaS trends in 2020. By the year 2022, experts project that around 72.6% SaaS is taking over the cloud computing market. Gartner predicts that the service-based cloud application industry will be worth $143.7 9) A Mobile-First Mindset. 10) Branding Developments.

Software 314

Software Cost-Benefit Data-driven Data Processing 314

Smart Data Collective

DECEMBER 17, 2021

What is the ROI of BI Solutions in 2022? According to the analysis conducted by Gartner , the ROI of BI Solutions can be difficult to measure. These maps are helping us understand the current state of our country; they can help us see trends in our communities and how certain regions are faring.

Business Intelligence 124

Business Intelligence Cost-Benefit Dashboards Interactive 124

Alation

APRIL 27, 2022

As the report firmly states, building a data culture is a business imperative in 2022. A data catalog is one data and analytics tool with proven, justifiable ROI. Get the full report here: Q1 2022 State of Data Culture Report. The post The Data Culture Gap: Q1 2022 State of Data Culture Report appeared first on Alation.

Reporting 52

Reporting Data-driven Digital Transformation Data Governance 52

CIO Business Intelligence

DECEMBER 15, 2022

The company received the Asia Responsible Enterprise Awards 2022 for circular economy leadership , which recognized IVL’s successful PET Bottles Recycling to Personal Protection Equipment (PPE) Distribution project. IVL expects ROI at the PNO facility to total 5 to 20 times the cost of implementation over the next five years.

Risk 98

Risk Digital Transformation Software ROI 98

CIO Business Intelligence

AUGUST 23, 2022

who all have a vested interest in the network.These stakeholders, primarily the C-suite, should measure investments in terms of money, risk, and time, as well as make decisions based on a solid understanding of the return on investment (ROI). Transitioning to Business Value . IT Leadership

Business Objectives 105

Business Objectives Cost-Benefit ROI Risk 105

Smart Data Collective

JUNE 16, 2022

While we are at it, Gartner’s 2022 report on business composability further pushes the need for analytics. Here, the dashboard could include project health elements such as cost, schedule, scope, ROIs, feedback, value to the partner, evaluation of meaningful outcomes, and management hierarchy to name a few.

Business Analytics 135

Business Analytics Analytics Forecasting Business Analysis 135

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. – We do have a job description of a CDO.

Analytics 64

Analytics Measurement Data-driven Modeling 64

CIO Business Intelligence

JUNE 28, 2024

Since 2022, for example, the STA has kept track of the status of contact lines through sensors and cameras to measure rail cars. “The So it has a big impact and a very good ROI on it.” We’re now at the disposal of our data and only at the beginning of the possibilities.”

Cost-Benefit 105

Cost-Benefit Measurement ROI Risk 105

CIO Business Intelligence

NOVEMBER 7, 2022

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. And we think that’ll take a couple of quarters to resolve,” chairman, president, and CEO Matt Monaghan told investors in August 2022.

Manufacturing 128

Manufacturing Cost-Benefit Sales Consulting 128

Smart Data Collective

JANUARY 27, 2020

billion by 2022. Obviously, all affiliates want to manage the quality of their traffic smartly to increase their ROI subsequently. The market for affiliate marketing is expected to reach $8.2 AI is making it easier than ever to succeed in this growing field.

Marketing 136

Marketing Advertising Machine Learning Business Intelligence 136

Smart Data Collective

MARCH 23, 2023

The ROI of creating their own AI applications can be massive, but they still need to use them cost-effectively. A study done by Deloitte in late 2022 showed that cost reduction is the top priority for CFOs. Some companies are interested in taking advantage of the benefits of existing AI tools like ChatGPT.

Software 142

Software Strategy Cost-Benefit Testing 142

CIO Business Intelligence

JUNE 27, 2022

It’s 2022, we’re past the age of DRIP — data rich, insight poor.”. ROI and Metrics “If your company has data, you’re definitely leveraging it and trying to use insights from analytics to drive positive business outcomes,” says John Loury, president and CEO of Cause + Effect Strategy, a business intelligence consulting firm.

Metrics 133

Metrics KPI IT Consulting 133

CIO Business Intelligence

FEBRUARY 22, 2023

Throughout 2022, several large enterprises, including NAB, doubled-down on their cloud migration plans, while the vast majority of the CIO50 listed this among their top priorities. But while the cloud provides more flexible and scalable IT services, it’s also introducing new and vexing challenges around cyber security.

Risk 105

Risk Cost-Benefit ROI Strategy 105

CIO Business Intelligence

JULY 26, 2023

“The only thing we have on premise, I believe, is a data server with a bunch of unstructured data on it for our legal team,” says Grady Ligon, who was named Re/Max’s first CIO in October 2022. billion in 2022, resource industries $82.1 billion in 2022, and personal and consumer services at $82.6 billion in 2022.

Data Lake 98

Data Lake Digital Transformation Machine Learning Data Architecture 98

datapine

MAY 31, 2022

In fact, the Foundry’s recently published Cloud Computing Study (2022) found that 84% of organizations have at least one application, or a portion of their computing infrastructure already in the cloud. In both cases, the return on investment (ROI) is healthy. These traditional methods are increasingly being left behind.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

JULY 30, 2024

The launch of ChatGPT in November 2022 set off a generative AI gold rush, with companies scrambling to adopt the technology and demonstrate innovation. Digital assistants Several large IT companies, including Microsoft and Google, have been touting gen AI digital assistants, or copilots, even though CIOs may not be entirely sold on their ROI.

Insurance 144

Insurance Machine Learning Interactive Finance 144

CIO Business Intelligence

FEBRUARY 24, 2023

As a result, it’s hard to calculate its ROI, but knowing cybercrime rates are likely to rise during tight economic times, these leaders understand that cutting cybersecurity expenditures could, in fact, cost more than they had anticipated. After all, most cybersecurity expenditures are aimed at preventing potential problems.

Strategy 105

Strategy ROI Consulting Technology 105

CIO Business Intelligence

MAY 30, 2022

In 2022, The Open Group announced the latest update to the framework and released the TOGAF Standard, 10th Edition, to replace the previous TOGAF Standard, 9.2 was released in 2011 and the most recent version, TOGAF 10 was released in 2022. Businesses can, however, have tools, software or training programs certified by The Open Group.

Enterprise 111

Enterprise Software Business Objectives Digital Transformation 111

Smart Data Collective

JANUARY 30, 2023

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. When used appropriately, it can significantly improve your overall ROI.

Software 124

Software Strategy Testing Advertising 124

CIO Business Intelligence

JUNE 21, 2023

In 2022, companies were still reeling from the rapid digital transformation efforts to survive the pandemic. Quantify the value: Use data and metrics to demonstrate the potential return on investment (ROI) of IT initiatives. Also spotlight the other side of ROI (return on ignorance).

Modeling 105

Modeling Cost-Benefit Business Objectives Digital Transformation 105