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

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

AWS Big Data

NOVEMBER 26, 2024

Moreover, they can be combined to benefit from individual strengths. In later pipeline stages, data is converted to Iceberg, to benefit from its read performance. Traditionally, this conversion required time-consuming rewrites of data files, resulting in data duplication, higher storage, and increased compute costs.

Metadata 94

Metadata Data Lake Snapshot Data Warehouse 94

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. Even as organizations plan to boost spending on genAI in 2024. You’ll align desired near-term and future states to test-and-learn pilots as well as potential production projects.

IT 137

IT Consulting Cost-Benefit Uncertainty 137

CIO Business Intelligence

OCTOBER 3, 2024

From budget allocations to model preferences and testing methodologies, the survey unearths the areas that matter most to large, medium, and small companies, respectively. The complexity and scale of operations in large organizations necessitate robust testing frameworks to mitigate these risks and remain compliant with industry regulations.

Cost-Benefit 129

Cost-Benefit Testing Experimentation Risk 129

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

SEPTEMBER 26, 2024

To surpass convention and build a specialized, scalable, user-friendly scanning system, SAP had to merge different technologies, including simulation, automation, and API testing. This simulation feature improves scan coverage without needing prerecorded functional tests by developers.

Cost-Benefit 110

Cost-Benefit Testing Interactive Machine Learning 110

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. AI-powered applications are vast and varied, but with them also comes significant risk.

Testing 124

Testing Cost-Benefit Risk Data-driven 124

AWS Big Data

AUGUST 2, 2024

We’re excited to announce the new lower entry cost for Amazon OpenSearch Serverless. OpenSearch Compute Units (OCUs) for indexing and search workloads, the entry cost is cut in half. The new lower cost of entry benefits all collection types. The minimum cost is approximately $350 per month (four half OCUs).

Cost-Benefit 115

Cost-Benefit Testing Management Software 115

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. 9) Data Automation.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

CIO Business Intelligence

AUGUST 28, 2024

On its website, OpenAI has a customer story in which Siemiatkowski proudly boasts, “we push everyone to test, test, test, and explore. Klarna’s plans should not comes as a surprise, given the firm was the first fintech globally to launch a ChatGPT plug-in soon after the launch of the technology in November 2022.

Testing 115

Testing Cost-Benefit Reporting Marketing 115

CIO Business Intelligence

OCTOBER 15, 2024

But continuous deployment isn’t always appropriate for your business , stakeholders don’t always understand the costs of implementing robust continuous testing , and end-users don’t always tolerate frequent app deployments during peak usage. CrowdStrike recently made the news about a failed deployment impacting 8.5

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

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

OCTOBER 21, 2024

CIOs now list innovation as the most important trait they need to bring to their role, according to a 2024 survey by professional services firm Deloitte — ahead of delivering top-line value and serving as change agents, two endeavors that require innovation to facilitate. Slow progress frustrates teams and discourages future experimentation.”

IT 137

IT Experimentation Cost-Benefit Consulting 137

CIO Business Intelligence

AUGUST 8, 2024

Gen AI offers many opportunities to spend too much and get too little in return when, instead, companies can use their gen AI budgets more strategically, allowing them to reap more benefits from investments and pull ahead of their competitors. Last year, only 3% of respondents said that gen AI implementation cost was a concern.

Cost-Benefit 140

Cost-Benefit Modeling Consulting Enterprise 140

Timo Elliott

DECEMBER 10, 2024

One of the sessions I sat in at UKISUG Connect 2024 covered a real-world example of data management using a solution from Bluestonex Consulting , based on the SAP Business Technology Platform (SAP BTP). This strategic decision allowed them to realize business benefits quickly without compromising on quality or user satisfaction.

Management 52

Management Data Governance Consulting Cost-Benefit 52

David Menninger's Analyst Perspectives

NOVEMBER 5, 2024

At that early stage, Verint’s approach was to identify specific use cases that could benefit from AI-based automation, and incrementally developed bots as a definitive solution to those problems. Agent management in 2024 is more focused on analytics and automation than on enabling shift trading or optimized scheduling.

ROI 130

ROI Interactive Software Measurement 130

CIO Business Intelligence

SEPTEMBER 13, 2024

The key objective was to accelerate our delivery time, increase accuracy, optimize costs, and reduce the touch process.” Hari Jayaram, CVP and CIO, Applied Materials Hari Jayaram / Applied Materials The benefits of modernization But it was no easy task. That’s the magnanimity of this particular project.” It was not a flip-over switch.

Manufacturing 123

Manufacturing Cost-Benefit Testing Interactive 123

CIO Business Intelligence

SEPTEMBER 3, 2024

IDC research has found that 52% of organizations pay the ransom when attacked ( Ransomware 2024: If We Have Backups, Why Are We Still Paying a Ransom? ). Your own personal ethical and moral standards will be tested; the decision may become attached to you, so be prepared to defend your recommendation.

Consulting 128

Consulting Cost-Benefit Marketing Management 128

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 134

Cost-Benefit Strategy Reporting Consulting 134

AWS Big Data

SEPTEMBER 27, 2024

For example, underutilization of vCPUs or memory can reveal resource wastage, allowing you to optimize worker sizes to achieve potential cost savings. For example, underutilization of vCPUs or memory can reveal resource wastage, allowing you to optimize worker sizes to achieve potential cost savings.

Dashboards 106

Dashboards Metrics Testing Optimization 106

CIO Business Intelligence

MARCH 15, 2022

Synthetic data can also be a vital tool for enterprise AI efforts when available data doesn’t meet business needs or could create privacy issues if used to train machine learning models, test software, or the like. Synthetic data can also lower costs when collecting or buying real-world data is prohibitively expensive.

Strategy 145

Strategy Testing Sales Modeling 145

CIO Business Intelligence

APRIL 1, 2024

That’s not hyperbole: TEKsystems’ 2024 State of Digital Transformation report found that 53% of organizations classified as digital leaders are confident that their digital investments will meet expected ROIs. In contrast, only 27% of those categorized as DX laggards say as much.

Strategy 140

Strategy IT Digital Transformation ROI 140

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 140

IT Cost-Benefit Key Performance Indicator Dashboards 140

CIO Business Intelligence

MAY 13, 2024

“We know what we’re trying to achieve, because we know the business goals and objectives,” We want to grow substantially, and we want to do that with speed,” says Bilker, whose clarity on IT’s business objectives mirror the top directives CEOs are giving their CIOs, according to the 2024 State of the CIO Study from Foundry, publisher of CIO.com.

IT 131

IT Digital Transformation ROI Strategy 131

CIO Business Intelligence

JULY 30, 2024

Volkswagen’s share price took a double-digit drop after altering test results to hide egregious emissions data while actively promoting the low-emission and eco-friendly features of its vehicles. Stakeholder expectations are driving focus. For example: WSJ ’s survey of more than 2,000 U.S.

Strategy 105

Strategy Scorecard Measurement Cost-Benefit 105

CIO Business Intelligence

JULY 22, 2024

Data from IDC’s 2024 North American IT Skills Survey reports the impacts of IT skills gaps: 62% report impacts to achieving revenue growth objectives 59% report declines in customer satisfaction 60% are dealing with slower hardware/software deployments. “We As Jennifer Messersmith adds, “The savings were significant.

Digital Transformation 111

Digital Transformation IT Cost-Benefit Software 111

CIO Business Intelligence

DECEMBER 11, 2023

The bill will turn into an EU law once it is approved by the European Parliament at a vote scheduled for early 2024. Other countries, including the US and the UK , are also working on regulations to govern AI so they can benefit from the technology while mitigating the risks. It is a myth that the AI Act will hamper innovation.

Risk 127

Risk Insurance Testing Cost-Benefit 127

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 134

Machine Learning Enterprise Deep Learning Cost-Benefit 134

CIO Business Intelligence

SEPTEMBER 18, 2024

Two thirds of the CX practitioners, service leaders, analysts, and consultants from around the world who took part in CX Network’s Global State of CX 2024 agreed or strongly agreed they’re increasingly concerned about the ethical use of AI and its future development.

Interactive 128

Interactive Cost-Benefit Measurement Testing 128

CIO Business Intelligence

JULY 31, 2023

Annual or not, like running with the bulls in Pamplona, this exercise never fails to test your mettle and often leaves you staring frantically at the page and wondering: how do I tell this story? Aim to define three to five objectives that together envelop projects proposed for 2024, ongoing and new. How much will it cost?

Strategy 98

Strategy IT Cost-Benefit Finance 98

CIO Business Intelligence

MAY 30, 2024

According to Forrester’s 2024 predictions, 60% of skeptics will overcome their gen AI doubts by the end of the year and appreciate it for its uses in conversational assistants, and its ability to translate and synthesize content. On the cost side, however, he didn’t have to ask to buy more GPUs, because it adopted AI as-a-service.

Cost-Benefit 119

Cost-Benefit Sales Modeling Experimentation 119

AWS Big Data

JUNE 19, 2024

Amazon Redshift is a fast, scalable, secure, and fully managed cloud data warehouse that makes it simple and cost-effective to analyze all your data using standard SQL and your existing ETL (extract, transform, and load), business intelligence (BI), and reporting tools. Verify attached masking policy on table/column to user/role.

Data Warehouse 101

Data Warehouse Testing Sales Structured Data 101

CIO Business Intelligence

JUNE 6, 2024

The overhype of generative AI was unavoidable last year, yet despite all the distraction, unproven benefits, and potential pitfalls, Dana-Farber Cancer Institute CIO Naomi Lenane didn’t want to ban the technology outright. And training an LLM from scratch was too cost prohibitive.

Cost-Benefit 131

Cost-Benefit Software Testing Interactive 131

CIO Business Intelligence

JULY 31, 2024

According to software company WhistleOut, which compares internet and mobile phone providers, T-Mobile offers 5G coverage in 53.79% of the country, AT&T in 29.52%, and Verizon in 12.77%, as of June 2024. Moreover, because 5G chipsets and modems are still very costly today, devices that connect to 5G networks are very expensive.

IoT 126

IoT Cost-Benefit Consulting Enterprise 126

CIO Business Intelligence

MARCH 21, 2022

Way back in 1999, his team did a cost-benefit analysis of the free shipping model, which is arguably one of the key drivers of Amazon’s stupendous growth. They tested free shipping as a lever against a 10% discount on each order and found that the former generated twice as much business. billion a year. Out of that, $6.1

Data-driven 116

Data-driven IT Finance Forecasting 116

Cloudera

MARCH 26, 2024

The release of LLMs surged by 136% in 2023 compared to 2022, and this upward trend is projected to continue in 2024. How much is all this really going to cost? This release will remove the complexity from getting started with AI, delivered as a cost-effective bundle to deliver immediate business value.”

Cost-Benefit 84

Cost-Benefit Machine Learning Enterprise Data Processing 84