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. Here’s what they list as their 2024 resolutions. He sees 2024 as the year to have good answers.

IT 144

IT Cost-Benefit Statistics Consulting 144

CIO Business Intelligence

MARCH 19, 2025

Throughout late 2024, Microsoft continued to expand its agentic offerings with purpose-built agents for specific use cases. According to a Capgemini survey released in mid 2024, 60% of executives at large companies say that AI agents will handle most of the coding in enterprises within three to five years.

Software 143

Software Risk Enterprise Cost-Benefit 143

CIO Business Intelligence

DECEMBER 9, 2024

The transformative impact of artificial intelligence (AI)and, in particular, generative AI (GenAI)emerged as a defining theme at the CSO Conference & Awards 2024: Cyber Risk Management. Mark Skalny Mark Skalny (c)2024 Mark Skalny The operational implications of AI adoption were another key focus of the conference.

Cost-Benefit 64

Cost-Benefit Risk Risk Management Predictive Analytics 64

CIO Business Intelligence

DECEMBER 29, 2023

“The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Here, we detail those and others that comprise eight of the top priorities for CIOs in 2024. Among the various strategies at our disposal, automation stands out as a pivotal solution,” she says. “In

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

DECEMBER 9, 2024

Despite these limitations and concerns among CIOs over AI costs, real progress has been made this year and we can expect to see this grow further in 2025. To benefit from this wider range of RAG services, organizations need to ensure their data is AI-ready. I see this taking shape in 5 key areas.

Enterprise 116

Enterprise ROI Cost-Benefit Measurement 116

CIO Business Intelligence

DECEMBER 11, 2024

Travel and expense management company Emburse saw multiple opportunities where it could benefit from gen AI. Both types of gen AI have their benefits, says Ken Ringdahl, the companys CTO. Another benefit is that with open source, Emburse can do additional model training. You get more control over your costs.

Cost-Benefit 115

Cost-Benefit Modeling Marketing Sales 115

Rocket-Powered Data Science

MAY 21, 2024

Fast-forward to 2024 and we see a totally different landscape: massive data sets feeding dynamic cross-enterprise processes, increasing automation and dynamic adaption of complex multi-step tasks, and ubiquitous value-producing applications of AI. At the NVIDIA GTC 2024 conference, Pure Storage announced so much more!

Cost-Benefit 239

Cost-Benefit Unstructured Data Enterprise Technology 239

David Menninger's Analyst Perspectives

JANUARY 21, 2025

MongoDB has benefited from a focus on the needs of development teams to deliver innovation through the development of data-driven applications. adds support for vector quantization, which takes advantage of compression to reduce memory requirements for vector processing, leading to lower costs and improved performance.

Data Lake 130

Data Lake IoT Cost-Benefit Enterprise 130

CIO Business Intelligence

DECEMBER 19, 2023

Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control. Third, in the CDO Agenda: 2024: Navigating Data and Generative AI Frontiers , 57% of respondents haven’t changed their data environments to support generative AI.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

CIO Business Intelligence

NOVEMBER 19, 2024

In 2024, a new trend called agentic AI emerged. The analyst firm Forrester named AI agents as one of its top 10 emerging technologies this year and that it will deliver benefits in the next two to five years. That will help us achieve short-term benefits as we continue to learn and build better solutions.

Testing 135

Testing Cost-Benefit Interactive ROI 135

CIO Business Intelligence

OCTOBER 22, 2024

Organizations that deploy AI to eliminate middle management human workers will be able to capitalize on reduced labor costs in the short-term and long-term benefits savings,” Gartner stated. “AI By 2028, at least 15% of day-to-day work decisions will be made autonomously through agentic AI, up from 0% in 2024, Gartner predicts.

Enterprise 135

Enterprise Risk IoT Cost-Benefit 135

CIO Business Intelligence

MARCH 4, 2025

From AI models that boost sales to robots that slash production costs, advanced technologies are transforming both top-line growth and bottom-line efficiency. An IDC study found that usage of generative AI jumped from 55% of surveyed companies in 2023 to 75% in 2024. Crucially, the time and cost to implement AI have fallen.

Technology 118

Technology ROI Cost-Benefit Manufacturing 118

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

The trade-off is capability and flexibility versus cost and time to value since third-party tools deal with end-to-end processes that span multiple applications in ways the Infor’s currently cannot. The average expected spend for 2024 is 3.7% Having a vertical industry focus in its cloud suites adds context for process analytics.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

David Menninger's Analyst Perspectives

OCTOBER 15, 2024

Those customers should be evaluating if, when and how they will tap into the benefits that AI and GenAI can provide to improve operational and financial performance. With a perception of limited or no benefit, not taking any action can appear attractive and may be the right choice.

Cost-Benefit 204

Cost-Benefit Risk Forecasting Software 204

CIO Business Intelligence

NOVEMBER 18, 2024

The Global Banking Benchmark Study 2024 , which surveyed more than 1,000 executives from the banking sector worldwide, found that almost a third (32%) of banks’ budgets for customer experience transformation is now spent on AI, machine learning, and generative AI.

Digital Transformation 141

Digital Transformation Consulting Cost-Benefit Marketing 141

CIO Business Intelligence

JANUARY 11, 2024

To get back in front, IT leaders will have to transform lessons learned from 2023 into actionable, adaptable processes, as veteran technology pros have been remarkably consistent in identifying global and economic uncertainties as key challenges for IT leaders to anticipate in 2024 as well.

IT 133

IT Uncertainty Cost-Benefit Strategy 133

CIO Business Intelligence

DECEMBER 10, 2024

Bogdan Raduta, head of AI at FlowX.AI, says, Gen AI holds big potential for efficiency, insight, and innovation, but its also absolutely important to pinpoint and measure its true benefits. That gives CIOs breathing room, but not unlimited tether, to prove the value of their gen AI investments.

Sales 143

Sales Metrics Data-driven Measurement 143

CIO Business Intelligence

NOVEMBER 1, 2024

One of the firm’s recent reports, “Political Risks of 2024,” for instance, highlights AI’s capacity for misinformation and disinformation in electoral politics, something every client must weather to navigate their business through uncertainty, especially given the possibility of “electoral violence.”

IT 122

IT Insurance Consulting Risk 122

CIO Business Intelligence

DECEMBER 19, 2024

Below, I recap my virtual event conversation with two IT leaders, who shared their first-hand experience of the benefits that BMC Helix solutions have delivered in respective use cases. They automated remediation and significantly improved MTTR and overall service quality.

IT 98

IT Insurance Cost-Benefit Optimization 98

CIO Business Intelligence

JANUARY 7, 2025

In todays fast-paced digital landscape, the cloud has emerged as a cornerstone of modern business infrastructure, offering unparalleled scalability, agility, and cost-efficiency. This serves as a baseline to drive cloud adoption and getting started with a shifting mindset on how to make money with cloud and not just cost savings alone.

Optimization 98

Optimization Strategy Cost-Benefit Enterprise 98

CIO Business Intelligence

MARCH 11, 2024

Although there are signs of general economic recovery including lower inflation & interest rates and higher growth as we navigate early 2024, there’s little evidence to suggest that buyers will suddenly return to their old ways. Vertical SaaS also appeared at the top of CompTIA’s list of 10 SaaS Predictions for 2024.

Manufacturing 106

Manufacturing Cost-Benefit Finance Marketing 106

CIO Business Intelligence

DECEMBER 18, 2023

As we approach the year 2024, Jyoti Lalchandani discusses with CIO Middle East 2024’s top tech trends and future CIO challenges. What do you forecast to be 2024’s top tech trends or emerging topics in the Middle East and what’s driving these trends? How can CIOs benefit from these new regions in 2024?

Cost-Benefit 110

Cost-Benefit Risk Manufacturing Strategy 110

CIO Business Intelligence

FEBRUARY 6, 2025

As Windows 10 nears its end of support, some IT leaders, preparing for PC upgrade cycles, are evaluating the possible cloud cost savings and enhanced security of running AI workloads directly on desktop PCs or laptops. Melby points out there are numerous benefits and claims there is potential for AI PCs to disrupt some SaaS markets.

Cost-Benefit 91

Cost-Benefit Modeling Marketing Enterprise 91

CIO Business Intelligence

JANUARY 9, 2025

In 2024, squeezed by the rising cost of living, inflationary impact, and interest rates, they are now grappling with declining consumer spending and confidence. Brands and manufacturers benefit from features emphasising brand consistency and efficient product information syndication.

B2B 105

B2B Cost-Benefit Data-driven Sales 105

CIO Business Intelligence

DECEMBER 19, 2024

Fast forward to 2024, and our data shows that organizations have conducted an average of 37 proofs of concept, but only about five have moved into production. In doing so, they will begin recognizing the exponential benefits of their collective AI use cases starting in 2027. We were full of ideas and possibilities.

Experimentation 97

Experimentation Cost-Benefit Enterprise Strategy 97

CIO Business Intelligence

NOVEMBER 1, 2024

One of the firm’s recent reports, “Political Risks of 2024,” for instance, highlights AI’s capacity for misinformation and disinformation in electoral politics, something every client must weather to navigate their business through uncertainty, especially given the possibility of “electoral violence.”

IT 105

IT Insurance Consulting Risk 105

CIO Business Intelligence

NOVEMBER 14, 2024

Challenge: Consumers want to shop on their own terms Recent research shows that 77% of consumers today buy through a mix of digital and physical shopping, while just 17% buy only online or only in physical stores (IDC Retail Insights: Consumer Sentiment Survey, 2024 — Findings and Implications, July 2024). IDC, June 2024).

IT 64

IT Cost-Benefit Manufacturing Sales 64

CIO Business Intelligence

FEBRUARY 12, 2024

SAP customers have a lot to navigate in 2024. In addition, SAP customers should understand the benefits, protections, and limitations that SAP will provide in exchange for access to data. But referenceable flagship implementations across industries are limited, particularly at the enterprise customer level.

Consulting 118

Consulting Cost-Benefit Strategy Modeling 118

AWS Big Data

MAY 31, 2024

We’re thrilled to announce that AWS has been named a Leader in the IDC MarketScape: Worldwide Analytic Stream Processing Software 2024 Vendor Assessment (doc #US51053123, March 2024). There are no servers and clusters to manage, and there is no compute and storage infrastructure to set up. You pay only for the resources you use.

Software 108

Software Analytics Cost-Benefit Data-driven 108

O'Reilly on Data

APRIL 23, 2024

But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. Back in 1971, in a talk called “ Designing Organizations for an Information-rich World ,” political scientist Herbert Simon noted that the cost of information is not just money spent to acquire it but the time it takes to consume it. “In

Advertising 338

Advertising Cost-Benefit Marketing Risk 338

IBM Big Data Hub

FEBRUARY 7, 2024

In 2024, sustainability is taking center stage. 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. trillion to the global economy by 2050.

Reporting 88

Reporting Internet of Things Cost-Benefit Data-driven 88

CIO Business Intelligence

MARCH 5, 2025

Top impacts of digital friction included: increased costs (41%)increased frustration while conducting work (34%) increased security risk (31%) decreased efficiency (30%) lack of data for quality decision-making (30%) are top impacts. But this same data holds the key to increasing safety, improving project execution, and boosting uptime.

Management 86

Management Data-driven Cost-Benefit Risk 86

CIO Business Intelligence

DECEMBER 30, 2024

According to a Bank of America survey of global research analysts and strategists released in September, 2024 was the year of ROI determination, and 2025 will be the year of enterprise AI adoption. Anshu Bhardwaj, SVP and COO at Walmart Global Technology says that consumers arent the only ones who stand to benefit from mobile AI.

ROI 141

ROI Software Modeling Interactive 141

CIO Business Intelligence

JULY 5, 2024

The landscape of data center infrastructure is shifting dramatically, influenced by recent licensing changes from Broadcom that are driving up costs and prompting enterprises to reevaluate their virtualization strategies. Clients are seeing increased costs with on-premises virtualization with Broadcom’s acquisition of VMware.

Cost-Benefit 124

Cost-Benefit Data Processing Reporting Enterprise 124

CIO Business Intelligence

JULY 11, 2024

The study surveyed over 2,500 global AI decision-makers and found that 58% of manufacturing leaders plan to increase AI spending in 2024, down from 93% in 2023. George pointed out that while commercial LLMs offer better support, the costs can be prohibitive for some organizations.

Manufacturing 124

Manufacturing Cost-Benefit Data Quality Modeling 124

AWS Big Data

MARCH 13, 2025

At AWS re:Invent 2024, we announced the next generation of Amazon SageMaker , the center for all your data, analytics, and AI. In this post, we explore the benefits of SageMaker Unified Studio and how to get started. We are excited to announce the general availability of SageMaker Unified Studio.

Analytics 86

Analytics Data Lake Data Warehouse Data-driven 86