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

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

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 19, 2023

The analyst reports tell CIOs that generative AI should occupy the top slot on their digital transformation priorities in the coming year. Moreover, the CEOs and boards that CIOs report to don’t want to be left behind by generative AI, and many employees want to experiment with the latest generative AI capabilities in their workflows.

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

Rocket-Powered Data Science

MAY 21, 2024

And also in the past, it was sufficient for AI to be relegated to academic researchers or R&D departments of big organizations who mostly produced research reports or journal papers, and not much else. Pure Storage’s Announcements at GTC 2024 The preceding examples are industry-leading and exemplary, and yet there’s still more.

Cost-Benefit 239

Cost-Benefit Unstructured Data Enterprise Technology 239

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

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

MARCH 5, 2025

According to a recent survey by Foundry , nearly all respondents (97%) reported that their organization is impacted by digital friction, defined as the unnecessary effort an employee must exert to use data or technology for work. Asset information management is a key tool in predictive maintenance.

Management 86

Management Data-driven Cost-Benefit Risk 86

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 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

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

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. Salesforces recent State of Commerce report found that 80% of eCommerce businesses already leverage AI solutions.

B2B 105

B2B Data-driven Cost-Benefit Sales 105

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 111

Reporting Consulting Cost-Benefit Strategy 111

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 110

Cost-Benefit Risk Manufacturing Strategy 110

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

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

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 109

Software Analytics Cost-Benefit Data-driven 109

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

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. 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

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 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 124

Manufacturing Cost-Benefit Data Quality Modeling 124

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 122

Marketing Cost-Benefit Digital Transformation Data-driven 122

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

MARCH 19, 2025

Similarly, Deloittes 2024 CxO Survey highlights that while CDOs prioritize AI and business efficiency, sustainability remains a secondary focus. Without robust data infrastructure, sustainability reporting can become fragmented, leading to inefficiencies and compliance risks.

IT 59

IT Data Governance Data-driven Metrics 59

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

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 128

Cost-Benefit Optimization Reporting Software 128

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 124

Digital Transformation Risk Cost-Benefit Risk Management 124

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 102

Data Integration IoT Cost-Benefit Machine Learning 102

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 116

Key Performance Indicator Cost-Benefit KPI Software 116

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

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

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 124

Testing Risk Data-driven Cost-Benefit 124

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 129

Testing Cost-Benefit Experimentation Risk 129

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 121

Cost-Benefit Marketing Sales Enterprise 121