David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

Also center stage were Infor’s advances in artificial intelligence and process mining as well as its environmental, social and governance application and supply chain optimization enhancements. Optimize workflows by redesigning processes based on data-driven insights. The average expected spend for 2024 is 3.7%

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

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 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

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

CIO Business Intelligence

DECEMBER 19, 2024

The power of AI operations (AIOps) and ServiceOps, including BMC Helix Discovery , can transform how you optimize IT operations (ITOps), change management, and service delivery. New migrations and continuous features were being deployed, and the team was unable to prioritize process optimization and noise reduction efforts.

IT 98

IT Insurance Cost-Benefit Optimization 98

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

CIO Business Intelligence

JULY 22, 2024

IT leader and former CIO Stanley Mwangi Chege has heard executives complain for years about cloud deployments, citing rapidly escalating costs and data privacy challenges as top reasons for their frustrations. They, too, were motivated by data privacy issues, cost considerations, compliance concerns, and latency issues.

Optimization 128

Optimization Strategy IT Cost-Benefit 128

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

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

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 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

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

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

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

AWS Big Data

AUGUST 21, 2024

To address this requirement, Redshift Serverless launched the artificial intelligence (AI)-driven scaling and optimization feature, which scales the compute not only based on the queuing, but also factoring data volume and query complexity. The slider offers the following options: Optimized for cost – Prioritizes cost savings.

Optimization 89

Optimization Data Lake Data Warehouse Cost-Benefit 89

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

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. A generic CRM might manage leads, but can it optimize industry pricing? Here are three key reasons: 1.

Manufacturing 106

Manufacturing Cost-Benefit Finance Marketing 106

CIO Business Intelligence

APRIL 9, 2025

VMware Cloud Foundation on Google Cloud VMware Engine (GCVE) is now generally available, and there has never been a better time to move your VMware workloads to Google Cloud, so you can bring down your costs and benefit from a modern cloud experience. Customers are already benefiting from VCF licensing support in GCVE.

Cost-Benefit 59

Cost-Benefit Optimization Sales Management 59

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

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 95

Software Analytics Cost-Benefit Data-driven 95

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

JULY 2, 2024

CIOs face the daunting challenge of driving innovation while managing costs and ensuring practical implementation in a rapidly advancing digital landscape. This article presents essential strategies for CIOs to strike the optimal balance among innovation, value, cost, and practicality in tech investments.

Technology 111

Technology Cost-Benefit Digital Transformation Optimization 111

datapine

NOVEMBER 27, 2019

According to Gartner, poor data quality is estimated to cost organizations an average of $15 million per year in losses. We detailed the benefits and costs of good or bad quality data in our previous article on data quality management , where you can read the five important pillars to follow.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

CIO Business Intelligence

MARCH 19, 2025

Similarly, Deloittes 2024 CxO Survey highlights that while CDOs prioritize AI and business efficiency, sustainability remains a secondary focus. While energy savings and waste reduction efforts may provide tangible cost benefits, the long-term reputational and regulatory advantages of ESG alignment are harder to measure.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

JULY 1, 2024

These details are from the Check Point 2024 Cyber Security Report , which paints a combination of grim prospects and optimism. This technology is gaining popularity as it provides organizations several benefits, including simplifying network management, enhanced application performance, and operational cost savings.

Cost-Benefit 128

Cost-Benefit Optimization Reporting Software 128

David Menninger's Analyst Perspectives

NOVEMBER 7, 2024

As adoption has grown, some enterprises found that the theoretical advantages of data processing in the cloud can be more challenging to deliver in practice, with constant monitoring and manual intervention required to optimize resources and realize potential savings. Efficient usage of cloud services is easier said than done, however.

Data Warehouse 130

Data Warehouse Cost-Benefit Data Lake Software 130

CIO Business Intelligence

JANUARY 22, 2024

McKinsey & Company estimates that the annual increase of costs related to cybercrime will reach $10.5 Organizations across all industries can benefit from secure practices to limit their remote access exposures. Prior to co-founding Expanse, Matt worked for DARPA, including a deployment to Afghanistan.

Digital Transformation 124

Digital Transformation Risk Cost-Benefit Risk Management 124

CIO Business Intelligence

JULY 1, 2024

1 IDC’s Tom Mainelli, group vice president, Devices and Consumer Research, says: “Promises around enhanced user productivity via faster performance, plus lower inferencing costs, and the benefit of on-device privacy and security, have driven strong IT decision-maker interest in AI PCs. Content-based and storage limitations apply.

Cost-Benefit 110

Cost-Benefit Manufacturing Optimization Interactive 110

CIO Business Intelligence

AUGUST 27, 2024

The imperative for APMR According to IDC’s Future Enterprise Resiliency and Spending Survey, Wave 1 (January 2024), 23% of organizations are shifting budgets toward GenAI projects, potentially overlooking the crucial role of application portfolio modernization and rationalization (APMR). Employ AI and ML to assist in processes.

Cost-Benefit 110

Cost-Benefit Key Performance Indicator ROI Strategy 110

CIO Business Intelligence

AUGUST 13, 2024

Unlike traditional approaches, deep automation is holistic, adaptive, and evolutive, prioritizing human-machine partnership and customer experience for optimal efficiency and impact. AI-integrated tractors, planters, and harvesters form a data-driven team, optimizing tasks and empowering farmers.

Data-driven 130

Data-driven Metrics Optimization Machine Learning 130

CIO Business Intelligence

MAY 29, 2024

By moving to RISE with SAP, Accenture was able to simplify its IT landscape, reduce its total cost of ownership, and gain access to the latest innovations and best practices from SAP. Beyond that, re-solutioning legacy custom code to leverage extensibility has provided its own benefits.

Cost-Benefit 126

Cost-Benefit Finance Strategy Risk 126

CIO Business Intelligence

JULY 10, 2024

As organizations worldwide prepare to spend over $40 billion in core IT (technology budgeted and overseen by central IT) on GenAI in 2024 (per IDC’s Worldwide Core IT Spending for GenAI Forecast, 2023-2027 , January 2024), there’s an urgent need to manage the risks associated with these investments.

Risk 111

Risk Strategy Consulting Cost-Benefit 111

CIO Business Intelligence

SEPTEMBER 30, 2024

In fact, IT’s embrace of AI is nearly ubiquitous, with 89% of IT decision-makers surveyed for Foundry’s 2024 CIO Tech Priorities study saying they’re researching, piloting, or currently using AI-enabled technologies — up from 72% in 2023. AI, however, does it at unprecedented levels in terms of scale, scope, and depth, Asgharnia says.

Machine Learning 141

Machine Learning ROI Data Processing Optimization 141

CIO Business Intelligence

JULY 24, 2024

Yet, according to IDC’s March 2024 Future Enterprise Resiliency and Spending Survey, Wave 3 , 60% of organizations consider their digital infrastructure spending poorly aligned with expected business results. Use agile methodologies to implement updates and optimizations quickly.

Technology 98

Technology Experimentation Cost-Benefit Digital Transformation 98

CIO Business Intelligence

APRIL 10, 2024

Yet the calculus may not be so simple when one considers the costs to operate there as well as the fact that GenAI systems sometimes produce outputs that even data engineers, data scientists, and other data-obsessed individuals struggle to understand. Cost concerns aren’t the only reason to conduct inferencing on premises.

Cost-Benefit 135

Cost-Benefit Modeling Strategy Interactive 135

CIO Business Intelligence

MAY 8, 2024

Process automation and improvement is a perennial CIO agenda item, and the call for business process optimization is only getting louder — especially for those processes directly tied to the bottom line. Expion hasn’t yet calculated the potential new business created, but the tool will save the company the cost of about 1.5

Insurance 111

Insurance IT Cost-Benefit Unstructured Data 111

CIO Business Intelligence

JULY 23, 2024

For example, in the 2024 CISO Burnout Report , 80% of CISOs classify themselves as “ highly stressed ,” 63% say they receive little to no support managing their roles, and 50% report losing team members because of workplace stress. Many want all the benefits from analytics and machine learning but are slow to adopt proactive data governance.

Risk 142

Risk IT Risk Management Cost-Benefit 142