CIO Business Intelligence

JANUARY 11, 2024

2023 was a year made notable by a range of unexpected, unpredictable, and fast-moving challenges that, despite seemingly having little to do with technology, had profound impacts on IT strategies. To guide an organization through uncertainty, IT leaders must help ensure everyone in the company is on the same page, Srivastava says.

IT 133

IT Uncertainty Cost-Benefit Strategy 133

datapine

MAY 31, 2022

3) Cloud Computing Benefits. It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

FEBRUARY 12, 2024

As genAI caught fire in 2023, many organizations rushed to test and learn from the technology and harness it to grow productivity and improve processes. This will reduce infrastructure overhead while helping you manage costs. Yet ironically, genAI’s potential has created a paradox within organizations.

IT 137

IT Consulting Cost-Benefit Uncertainty 137

CIO Business Intelligence

AUGUST 15, 2024

For instance, the increasing cost of capital has affected access to and use of money across all sectors; an increasing regulatory focus on competition and industry dynamics has driven increased scrutiny as a critical factor for uncertainty; geopolitical uncertainties, including unprecedented conflicts across many regions, have forced delays.

Uncertainty 111

Uncertainty Risk Strategy Cost-Benefit 111

CIO Business Intelligence

FEBRUARY 7, 2023

In economic uncertainty, it’s natural for executives to explore where to reduce spending, trim the fat , so to speak, and cut enterprising investments as a matter of caution. But this thinking is also counter-productive for all the reasons that make uncertainty so predictable.

Uncertainty 116

Uncertainty Cost-Benefit Sales Reporting 116

CIO Business Intelligence

OCTOBER 26, 2023

While there is little doubt that companies have been cutting back on expenses generally in response to economic uncertainty, startups in particular have been feeling the pain of contracting budgets and reluctant investors. When we asked about the intensity of that pressure, 83% cited a moderate to high degree of pressure.

IT 128

IT Cost-Benefit Data-driven Manufacturing 128

CIO Business Intelligence

JANUARY 2, 2024

CIOs are readying for another demanding year, anticipating that artificial intelligence, economic uncertainty, business demands, and expectations for ever-increasing levels of speed will all be in play for 2024. What benefit does AI serve to that department? He sees 2024 as the year to have good answers.

IT 144

IT Cost-Benefit Statistics Consulting 144

CIO Business Intelligence

JANUARY 4, 2023

Cloud, sustainability, scale, and exponential data growth—these major factors that set the tone for high performance computing (HPC) in 2022 will also be key in driving innovation for 2023. As a community, we keep sharing information and we stay on top of developments to realize the maximum benefits of HPC.

Cost-Benefit 59

Cost-Benefit Machine Learning Uncertainty Modeling 59

CIO Business Intelligence

MAY 15, 2024

In a world of persistent macroeconomic and business uncertainty, organizations are increasingly looking for ways to grow revenue without adding capacity. It can also help to ensure operations run more smoothly without adding extra cost and risk. Hiring is expensive, takes time, and can be full of risk. But getting there isn’t easy.

Cost-Benefit 105

Cost-Benefit Uncertainty Risk Management 105

CIO Business Intelligence

NOVEMBER 3, 2023

The 2023 IT salary report from Robert Half reinforces these findings. Microsoft’s 2022 Trend Index report found that organizations that “doubled down on employee engagement in times of economic uncertainty” ultimately performed twice as well financially compared to organizations that did not prioritize engagement.

IT 133

IT Reporting Uncertainty Cost-Benefit 133

IBM Big Data Hub

OCTOBER 17, 2023

In a research brief defining “5 trends for 2023,” the IBM Institute for Business Value reports, “In 2023, rapid response is the new baseline. Uncertainty is expected and complexity is compounding. As threats materialize on multiple fronts, organizations must reduce the time from insight to action.”

Data-driven 77

Data-driven Cost-Benefit Uncertainty Dashboards 77

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.

Cost-Benefit 98

Cost-Benefit Strategy Management Uncertainty 98

CIO Business Intelligence

JUNE 1, 2023

CRM software provider Zendesk is reducing another 8% of its workforce citing macroeconomic uncertainty, just six months after the company laid off 300 staffers for the same reason. The new tranche of layoffs, according to Eggemeier, can be attributed to continued macroeconomic uncertainty and increased competition from rivals.

Uncertainty 52

Uncertainty IT Insurance Cost-Benefit 52

CIO Business Intelligence

FEBRUARY 9, 2023

Yet without consistent, comprehensive management across all clouds – private, hybrid, public, and even edge – the intended benefits of multi-cloud adoption may backfire. Siloed teams and the sprawl of management solutions can also result in a lack of visibility into cloud costs. Complexity is the enemy of cost optimization.

Cost-Benefit 59

Cost-Benefit Uncertainty Risk Optimization 59

CIO Business Intelligence

JULY 31, 2023

Just look at the stats:Some 45% of 2,500 executives polled for a May 2023 report from research firm Gartner said the publicity around ChatGPT prompted them to increase their AI investments, 70% said their organization is already exploring gen AI, and 19% are in actual pilot or production mode. There’s a lot of uncertainty.

Strategy 98

Strategy Risk Enterprise Risk Management 98

Jet Global

MAY 16, 2023

May 16, 2023 – insightsoftware , a global provider of reporting, analytics, and performance management solutions, today announced the launch of the insightsoftware Platform to ​​bring together the company’s applications in a single location.

Uncertainty 52

Uncertainty Finance Reporting Cost-Benefit 52

CIO Business Intelligence

AUGUST 7, 2023

According to the 2023 State of the CIO research , 85% of IT leaders have come to view the CIO role through the lens of changemaker — a vantage point not likely to shift as the role becomes more digital and innovation focused. If you are not actively doing that, you won’t be a change maker.”

IT 98

IT Sales Manufacturing Cost-Benefit 98

IBM Big Data Hub

APRIL 18, 2024

While leaders have some reservations about the benefits of current AI, organizations are actively investing in gen AI deployment, significantly increasing budgets, expanding use cases, and transitioning projects from experimentation to production. The AGI would need to handle uncertainty and make decisions with incomplete information.

Cost-Benefit 89

Cost-Benefit Manufacturing Modeling Interactive 89

CIO Business Intelligence

SEPTEMBER 26, 2024

Looking back over a year to my April 2023 column , I stated that from my perspective in the venture world, AI penetration in the enterprise has barely scratched the surface. Not surprisingly, lower costs, productivity increases, and gains in security compliance highlighted the answers from most C-level responses.

Cost-Benefit 115

Cost-Benefit Risk Enterprise Uncertainty 115

CIO Business Intelligence

JULY 10, 2024

And Google’s AI has made other high-profile flubs before, costing the company billions in market value. On top of this, Relex added instructions to its prompt to avoid answering any questions outside the company’s knowledge base, he says, and to express uncertainty when the question was at the limits of its knowledge or skills.

Enterprise 136

Enterprise Risk Modeling Risk Management 136

CIO Business Intelligence

NOVEMBER 16, 2022

As the new year approaches, so will a litany of predictions regarding the biggest issues facing CIOs in 2023. Will cyber security and data privacy threats top the list or will continued worldwide economic uncertainty take center stage? A significant pay bump as the cost of living continues to rise.

Cost-Benefit 52

Cost-Benefit Uncertainty Digital Transformation Strategy 52

CIO Business Intelligence

OCTOBER 12, 2022

Now technology has become such an indispensable tool to drive revenue or remove costs that CIOs are just as likely to be asked to do more in the face of a downturn rather than less. According to one survey , organizations that moved beyond piloting automation achieved an average cost reduction of 32% in their targeted areas.

Cost-Benefit 97

Cost-Benefit Advertising Uncertainty Strategy 97

Jet Global

AUGUST 18, 2023

2023 has been a unique year for Finance–although organizations celebrated recovery from the COVID-19 pandemic last year, their celebrations were short-lived. This year, companies worldwide find themselves navigating constant market uncertainty, needing to accomplish more with less resources, and preparing for a potential recession.

Finance 52

Finance Reporting Uncertainty Operational Reporting 52

datapine

SEPTEMBER 4, 2023

Table of Contents 1) The Benefits Of Data Visualization 2) Our Top 27 Best Data Visualizations 3) Interactive Data Visualization: What’s In It For Me? Our Top 27 Best Data Visualizations Now that we’ve outlined the clear-cut benefits, let’s explore our 27 best data visualization examples from experts worldwide.

Interactive 264

Interactive Visualization Cost-Benefit Dashboards 264

Jet Global

SEPTEMBER 1, 2023

On top of managing the staggering cost of inflation, turbulence in the global market, and The Great Resignation, organizations are grappling with skills shortages. Coping with Skills Shortages In 2023, the outlook for skills shortages for finance professionals is bleak.

Finance 52

Finance Reporting Cost-Benefit Operational Reporting 52

CIO Business Intelligence

NOVEMBER 4, 2024

We launched the proof-of-value pilot in November 2023 and rolled it out to all team members by February 2024. AI governance is not just about protecting the enterprise from data leakage or intellectual property theft but also keeping costs in line with budgets, observers note. It was very quick, and we have learned a lot.

Uncertainty 137

Uncertainty Cost-Benefit Risk Experimentation 137

Jet Global

JULY 13, 2023

Sage ERPs equip finance professionals with out-of-the-box reporting functionality as a level up from manual reporting, but what if you need more power to navigate through constantly changing regulations and market uncertainty? One of the biggest benefits of having an ERP is the native reporting functionality many of them offer.

Finance 52

Finance Reporting Software Forecasting 52

CIO Business Intelligence

AUGUST 17, 2023

Industry and market trends will likely further accelerate organizational changes in 2023, particularly in this uncertain economic scenario with war and persistent inflation. Making products closer to customers removes some uncertainty and risks in the supply chain and relocating production of high-value products back to the U.S.

Manufacturing 98

Manufacturing Cost-Benefit Digital Transformation Risk 98