IBM Big Data Hub

FEBRUARY 7, 2024

In 2024, sustainability is taking center stage. Advanced technologies, more stringent reporting standards and stronger support from stakeholders are building momentum for eco-friendly initiatives and the incentives that encourage them. Reporting is also becoming critical to corporate social responsibility initiatives.

Reporting 88

Reporting Internet of Things Cost-Benefit Data-driven 88

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 15, 2024

As many organizations shift services from in-house datacenters to external cloud services, the potential for reduced power consumption and reduced carbon emissions presents an opportunity to report improvements in ESG. An MIT report determined that the carbon footprint for all datacenters globally, about 0.3%

Reporting 99

Reporting Consulting Cost-Benefit Strategy 99

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 has the past year changed the landscape for technology leaders?

Cost-Benefit 97

Cost-Benefit Risk Strategy Manufacturing 97

CIO Business Intelligence

OCTOBER 23, 2024

CIOs are under increasing pressure to deliver meaningful returns from generative AI initiatives, yet spiraling costs and complex governance challenges are undermining their efforts, according to Gartner. While some of the surveyed employees in the US, the UK, Australia, India, and China reported saving an average of 3.6

Enterprise 140

Enterprise Cost-Benefit Broadcasting Risk 140

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. Now, add data, ML, and AI to the areas driving stress across the organization.

Risk 142

Risk IT Risk Management Cost-Benefit 142

CIO Business Intelligence

JULY 11, 2024

Manufacturers are implementing generative AI initiatives slower than anticipated due to accuracy concerns, according to a report from Lucidworks. 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.

Manufacturing 120

Manufacturing Cost-Benefit Data Quality Modeling 120

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). You can read the full report from IDC. There are no servers and clusters to manage, and there is no compute and storage infrastructure to set up.

Software 91

Software Analytics Cost-Benefit Data-driven 91

CIO Business Intelligence

SEPTEMBER 9, 2024

According to IDC’s Worldwide AI and Generative AI Spending Guide (August 2024) , the global AI market is expected to surge from US$235 billion in 2024 to US$632 billion by 2028. Tencent Cloud stands to benefit, particularly in APAC, where market size is predicted to grow from US$45.4

Marketing 118

Marketing Cost-Benefit Digital Transformation Data-driven 118

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.

Digital Transformation 123

Digital Transformation Risk Cost-Benefit Risk Management 123

CIO Business Intelligence

MARCH 5, 2024

That’s one of the main themes from IDC’s recent predictions report, “IDC FutureScape: Worldwide Artificial Intelligence and Automation 2024 Top 10 Predictions”. But that’s about to change, said Fleming, as executive leadership seeks to understand how AI and automation benefit the bottom line. It’s time to get to business.

Key Performance Indicator 111

Key Performance Indicator Cost-Benefit KPI Software 111

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 126

Optimization Strategy IT Cost-Benefit 126

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 274

Advertising Cost-Benefit Marketing Risk 274

CIO Business Intelligence

JULY 1, 2024

The global cyber threat landscape continues to become a concern for organizations, with the number of reported attacks growing consistently. These details are from the Check Point 2024 Cyber Security Report , which paints a combination of grim prospects and optimism.

Cost-Benefit 120

Cost-Benefit Optimization Reporting Software 120

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 107

Technology Cost-Benefit Digital Transformation Optimization 107

CIO Business Intelligence

OCTOBER 16, 2024

Analysts predict the incoming phase of enterprise AI will herald agentic systems that require minimal human intervention, with 75% of CIOs increasing their AI budgets during this year alone, according to a recent report from Gartner. Edge computing can reduce latency, lower cost, and lower data exposure risks.”

Cost-Benefit 141

Cost-Benefit Manufacturing Data-driven Optimization 141

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

David Menninger's Analyst Perspectives

NOVEMBER 7, 2024

The origins of Capital One Slingshot began with the need to develop internal tooling to ensure that the company realized potential business value improvements by managing costs and automating governance processes. Failure to make the most efficient use of cloud infrastructure can result in unexpected costs.

Data Warehouse 130

Data Warehouse Cost-Benefit Data Lake Software 130

CIO Business Intelligence

MAY 17, 2024

And in the adjustment to a post-pandemic workforce, employees and employers have found a new battleground, with IT pros continuing to seek remote and flexible work opportunities, while companies grapple with the cost of following through with return-to-office mandates.

IT 134

IT Insurance Reporting Manufacturing 134

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.

Machine Learning 141

Machine Learning ROI Data Processing Optimization 141

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 Impactful AI insights will at first seem like a minority report that doesn’t reflect the majority view of board members,” said Plummer.

Enterprise 135

Enterprise Risk IoT Cost-Benefit 135

CIO Business Intelligence

JUNE 3, 2024

However, amidst the allure of newfound technology lies a profound duality—the stark contrast between the benefits of AI-driven software development and the formidable security risks it introduces. Moreover, the report underscores the critical need for organizations to prioritize security in their AI-driven development initiatives.

Testing 119

Testing Risk Data-driven Cost-Benefit 119

CIO Business Intelligence

DECEMBER 10, 2024

According to AI at Wartons report on navigating gen AIs early years, 72% of enterprises predict gen AI budget growth over the next 12 months but slower increases over the next two to five years. That doesnt mean investments will dry up overnight. Proving the ROI of AI can be elusive , but rushing to achieve it can prove costly.

Sales 131

Sales Metrics Data-driven Measurement 131

CIO Business Intelligence

OCTOBER 3, 2024

GenAI budget increases were significant, with 12% of respondents reporting an increase of more than 300% compared to the previous year. Similar to large companies, GenAI budgets are healthy and on the rise just a size down, with 36% of respondents reporting a budget increase of 50-100%. They also have the means to back it up.

Testing 122

Testing Cost-Benefit Experimentation Risk 122

CIO Business Intelligence

SEPTEMBER 6, 2024

This shifting mindset in hiring is quickly growing in popularity for technical roles, according to a report from Test Gorilla, with 88% of tech companies reporting they’re using skills-based hiring to recruit new talent, and 89% of tech employers saying they’re satisfied with skills-based hires made in the past 12 months.

Cost-Benefit 132

Cost-Benefit Strategy Reporting IT 132

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

CIO Business Intelligence

AUGUST 14, 2024

That interest is in turn spurring the Big 3 cloud vendors to accelerate AI offerings in hopes of winning even larger portions of the global cloud market, even as CIOs seek to sharpen strategies to curb costs and maximize their return from the cloud. Still, hyperscalers continue to increase their offerings for the trending technology.

Cost-Benefit 111

Cost-Benefit Marketing Sales Enterprise 111

CIO Business Intelligence

MAY 8, 2024

According to a recent report by InformationWeek , enterprises with a strong AI strategy are 3 times more likely to report above-average data integration success. According to a report by Statista , the global IoT market size is projected to surpass $1.6

Data Integration 83

Data Integration IoT Cost-Benefit Machine Learning 83

CIO Business Intelligence

JANUARY 4, 2023

billion, with up to $1 billion of those costs being shouldered by the company in the fourth quarter of 2023. Salesforce said these costs consist of up to $1.4 The company said it expects to complete most of the employee restructuring plan by the end of fiscal year 2024, and to finish its real-estate restructuring in fiscal 2026.

IT 107

IT Cost-Benefit Insurance Measurement 107

CIO Business Intelligence

SEPTEMBER 24, 2024

Both Wiedenbeck and the new CIO report to the executive office, consisting of the CEO and the president/COO. To that end, Wiedenbeck and his team are tackling “unit cost,” or the expense of specific products and services, such as writing a policy, servicing a claim, or handling a customer request.

IT 118

IT Insurance Cost-Benefit Risk 118

CIO Business Intelligence

OCTOBER 24, 2024

But recent research by Ivanti reveals an important reason why many organizations fail to achieve those benefits: rank-and-file IT workers lack the funding and the operational know-how to get it done. There are enormous benefits in improving digital employee experience, and DEX remains an area that executive leaders are optimistic about.

IT 110

IT Metrics Cost-Benefit Measurement 110

CIO Business Intelligence

MAY 30, 2024

To achieve that, we needed a cost-effective solution that could streamline workflows, provide a robust view of procurement processes in real-time, identify rogue spending, and enable us to audit all agencies by the Dec. The demand is coming from companies [that] have been told by strategy firms that they must cut costs to preserve margins.

IT 138

IT Cost-Benefit Key Performance Indicator Dashboards 138

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 126

Testing Cost-Benefit Interactive ROI 126

CIO Business Intelligence

AUGUST 28, 2024

A published report Wednesday indicated that Swedish fintech company Klarna is “seeking to get rid of almost half of its employees in the coming years through efficiencies it says arise out of its investment in AI.” If you want to make AI adoption projects successful and viable , you need to focus on humans first and AI second.”

Testing 108

Testing Cost-Benefit Reporting Marketing 108

CIO Business Intelligence

AUGUST 29, 2024

IDC’s North American Tools/Vendors Consolidation Survey, November 2023; number of tools/vendors n = 508, plans to consolidate n = 592 Cost, frustration, and security issues Having dozens or hundreds of security tools with overlapping functionality creates more than just confusion. They can also identify redundant applications or licenses.

Cost-Benefit 123

Cost-Benefit Enterprise Software Marketing 123

CIO Business Intelligence

APRIL 25, 2022

In addition, “Of the 31% with AI in production, only one third claim to have reached a mature state of adoption wherein the entire organization benefits from an enterprise-wide AI strategy.”. IDC’s numbers look even worse, with only 31% of enterprises surveyed saying that they have AI functioning in production. So what’s the problem?

Machine Learning 131

Machine Learning Enterprise Deep Learning Cost-Benefit 131

CIO Business Intelligence

SEPTEMBER 3, 2024

Ransomware attacks continue to be a mainline threat, with 60% of surveyed organizations reporting a business disruption in the last 12 months due to ransomware, according to IDC’s What Do Four Recurring Surveys Tell Us About Trends in Ransomware Incidents? Cyberattacks challenge all organizations.

Consulting 123

Consulting Cost-Benefit Marketing Management 123