CIO Business Intelligence

DECEMBER 10, 2024

Proving the ROI of AI can be elusive , but rushing to achieve it can prove costly. Here, agentic AI hold promise, with CRM vendors releasing AI agents and assistants for sales teams and reps, many of which drive efficiencies and promote data-driven practices. Gen AI holds the potential to facilitate that.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

CIO Business Intelligence

DECEMBER 18, 2024

Public SaaS companies have seen their valuations compress, with small-cap SaaS significantly underperforming broader market indices in 2024. The appeal of vertical SaaS lies in its ability to provide out-of-the-box solutions that require minimal customization, leading to faster implementation times and quicker ROI.

ROI 116

ROI Software Finance Uncertainty 116

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

MARCH 19, 2025

As regulatory scrutiny, investor expectations, and consumer demand for environmental, social and governance (ESG) accountability intensify, organizations must leverage data to drive their sustainability initiatives. However, embedding ESG into an enterprise data strategy doesnt have to start as a C-suite directive.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

APRIL 19, 2024

Interest in AI, building since last year, will push a 10% increase in data center system spending this year, driving worldwide IT spending to $5.06 Many gen AI initiatives are being driven off the board and the C-level executives with this fear of falling behind,” he said. In January, Gartner had predicted a 6.8% growth in 2023.

IT 132

IT Software Cost-Benefit ROI 132

CIO Business Intelligence

MARCH 12, 2024

Others include preparation for zero-day attacks, almost anything having to do with data stewardship, as well as IT training and social engineering audits. With greater scrutiny on margins and ROI, CIOs must spend wisely, making today’s economic environment a more difficult one for selling preemptive projects that don’t produce immediate ROI.

ROI 122

ROI IT Manufacturing Metrics 122

CIO Business Intelligence

JANUARY 7, 2025

Otherwise, companies will struggle to realize business value with AI/ML capabilities left to endure high cloud cost expenses, as it has been for many companies in 2024 for AI solutions. The first three considerations are driven by business, and the last one by IT.

Optimization 98

Optimization Strategy Cost-Benefit Enterprise 98

CIO Business Intelligence

AUGUST 20, 2024

Prioritize an “on-prem first” strategy that brings AI to your data Cost is just one consideration in an increasingly AI-driven world. AI is only as valuable as the data it connects with. But where does this data live? Continuously evaluate, learn, and adapt GenAI, like all areas of technology, will evolve.

Strategy 138

Strategy ROI Data-driven Data Processing 138

CIO Business Intelligence

MAY 13, 2024

Lawrence Bilker can easily articulate the business values that his IT initiatives should deliver: better experiences for both employees and customers, more insights from data to enable smarter decision-making, and more intelligence for improved operations. And CEOs are looking to CIOs to create those products.”

IT 131

IT Digital Transformation ROI Strategy 131

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. I need one managing data and orchestrating the OEM platform base to drive business results.”

Strategy 140

Strategy IT Digital Transformation ROI 140

CIO Business Intelligence

SEPTEMBER 19, 2024

Putting hardware, software, and network technology at the edge, where data originates, can speed responsiveness, enable compute-hungry AI processing, and greatly improve both employee and customer experience. According to IDC research, edge computing is growing worldwide at 15% annually and will reach $232 billion in 2024.

ROI 119

ROI Cost-Benefit IoT Digital Transformation 119

CIO Business Intelligence

APRIL 22, 2024

Moreover, Scavuzzo saw an additional business benefit to such an approach, thanks to scale: Using anonymized data, Marcum could analyze and compare client performance and thereby provide better consulting advice to them. Heeding the call for business-driven IT Scavuzzo is not alone in his quest to create a business-driven IT department.

IT 126

IT Data-driven Strategy Consulting 126

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. Data-driven decisions: Leverage data and analytics to assess new technologies’ potential impact and ROI.

Technology 98

Technology Experimentation Cost-Benefit Digital Transformation 98

CIO Business Intelligence

JULY 29, 2024

They also built an Azure-based data lake to provide global visibility of the company’s data to its 13,000-strong workforce. But, as Wysocki sees it, technology is just one component of the overall transformation, which earned the fertilizer giant a 2024 CIO Award for IT leadership and innovation.

Digital Transformation 118

Digital Transformation IT Data Lake Sales 118

Data Virtualization

MARCH 19, 2024

When I asked him what his most pressing priority was for 2024, he answered, “taming the data storm.” The post One CIO’s 2024 Priority: Taming the Data Storm appeared first on Data Management Blog - Data Integration and Modern Data Management Articles, Analysis and Information.

Data Integration 64

Data Integration Management ROI Data-driven 64

Smart Data Collective

APRIL 3, 2022

This is a huge market driven by AI technology that is expected to be worth $19 billion by 2024. As AI technology has improved, algorithmic trading has become more effective and given traders the opportunity to realize higher ROIs. This figure appears to have improved as AI helped boost their ROI. Advantages. Reduced cost.

Technology 119

Technology Cost-Benefit ROI Strategy 119

CIO Business Intelligence

AUGUST 1, 2024

Looking ahead to the next 12-18 months, two top priorities emerge for IT leaders: developing a strong business case for AI infrastructure spending (cited by 35% of respondents to IDC’s Future Enterprise Resiliency and Spending Survey, Wave 3 , March 2024) and increasing cyber resilience and security (34%).

Cost-Benefit 98

Cost-Benefit Measurement Data-driven Marketing 98

CIO Business Intelligence

NOVEMBER 2, 2023

Rapid advancements in artificial intelligence (AI), particularly generative AI are putting more pressure on analytics and IT leaders to get their houses in order when it comes to data strategy and data management. Salesforce’s findings gibe with IDC’s Worldwide C-Suite Survey 2023-2024 , released in September.

Data Strategy 137

Data Strategy Strategy Sales Data Governance 137

Smart Data Collective

JUNE 15, 2022

One of the secrets to attracting and retaining customers is to become more data-centric. trillion in 2024, up from roughly $5.47 According to many surveys, more than 90% of retail organizations across a wide range of sectors feel location data is crucial to their success. 9 Ways Location Data Can Help You Excel in Retail.

Advertising 111

Advertising Sales Cost-Benefit ROI 111

CIO Business Intelligence

AUGUST 9, 2023

Digital transformation became a key strategic initiative in the mid-2010s, as mobile communications, cloud, data analytics, and other advanced information technologies took off, enabling businesses and consumers to easily engage via digital channels. Other research confirms the imperatives for engaging in digital transformation.

Digital Transformation 137

Digital Transformation Data-driven Strategy Consulting 137

CIO Business Intelligence

AUGUST 26, 2024

Ora, come evidenziato dallo studio di Microsoft e LinkedIn “2024 Work Trend Index” [in inglese] , “le persone si portano la loro AI al lavoro” (ricordiamo che Microsoft ha investito in OpenAI, sviluppatore di ChatGPT, e integra la sua tecnologia), tanto da far parlare di una tendenza al “Bring-Your-Own-AI” o BYOAI. Ma non solo.

ROI 64

ROI KPI Data-driven Machine Learning 64

CIO Business Intelligence

MARCH 11, 2024

Nearly half of CIOs and close to a third line-of-business managers have cited AI and machine learning as the most strategically important area of concern this year, according to Foundry’s 2024 State of the CIO Study. Restructure and re-engineer the core data platform. Reshape and rebuild an IT portfolio driven by the value proposition.

Data-driven 69

Data-driven Strategy ROI Machine Learning 69

CIO Business Intelligence

DECEMBER 9, 2024

India leading AI adoption thanks to vast data reserves The Indian market has several qualities that have helped advance AI, as well as in its adoption and use. Firstly, India is home to the worlds largest pool of mobile data and is the second-fastest-growing data market globally. Data privacy and security follow closely behind.

Data Governance 52

Data Governance Data-driven Risk Digital Transformation 52

CIO Business Intelligence

SEPTEMBER 18, 2024

L’apprendimento automatico torna sotto i riflettori dell’AI Mentre molte imprese si concentrano sull’ avvio dell’AI generativa [in inglese] e stanno ancora lottando con il suo ROI [in inglese] , l’apprendimento automatico (ML) sta già fornendo valore aziendale, afferma Cory Chaplin, managing partner per la tecnologia di West Monroe Partners.

Data Warehouse 64

Data Warehouse ROI Management Data-driven 64

CIO Business Intelligence

JULY 31, 2024

Alcuni settori, come quello biotecnologico, stanno trovando il modo di utilizzare l’intelligenza artificiale generativa, ma molte aziende che sperimentano la tecnologia hanno trovato finora un numero limitato di casi d’uso, afferma Kjell Carlsson, responsabile della strategia AI di Domino Data Lab, fornitore di una piattaforma AI aziendale.

ROI 52

ROI Data-driven Software Consulting 52

Ontotext

APRIL 3, 2024

Joseph Hilger : People are starting to understand that knowledge graphs are not just a tool for storing data and information. I need something that defines what those entities are and can align them with the data.” The other use case where graphs are exploding is what Gartner calls a data fabric. What are your thoughts about it?

Technology 45

Technology Risk Digital Transformation Measurement 45

Andrew White

JANUARY 9, 2022

On Thursday January 6th I hosted Gartner’s 2022 Leadership Vision for Data and Analytics webinar. – In the webinar and Leadership Vision deck for Data and Analytics we called out AI engineering as a big trend. I would take a look at our Top Trends for Data and Analytics 2021 for additional AI, ML and related trends.

Analytics 64

Analytics Measurement Data-driven Modeling 64

CIO Business Intelligence

DECEMBER 19, 2023

New data from Synergy Research Group shows that in Q3 2023 enterprise spending on cloud infrastructure services was over $68 billion worldwide, up by $10.5 This is aligned with research firm Gartner’s predictions that the software and IT services segments will both see double-digit growth in 2024, largely driven by cloud spending.

ROI 111

ROI Cost-Benefit Data-driven Enterprise 111

CIO Business Intelligence

JANUARY 14, 2025

The 2024 Board of Directors Survey from Gartner , for example, found that 80% of non-executive directors believe their current board practices and structures are inadequate to effectively oversee AI. The time for experimentation and seeing what it can do was in 2023 and early 2024. What ROI will AI deliver?

Strategy 141

Strategy ROI Experimentation Risk 141

CIO Business Intelligence

JANUARY 7, 2025

Organizations will always be transforming , whether driven by growth opportunities, a pandemic forcing remote work, a recession prioritizing automation efficiencies, and now how agentic AI is transforming the future of work. 2025 will be the year when generative AI needs to generate value, says Louis Landry, CTO at Teradata.

Digital Transformation 143

Digital Transformation Experimentation Cost-Benefit Strategy 143

CIO Business Intelligence

JULY 30, 2024

Many of the AI use cases entrenched in business today use older, more established forms of AI, such as machine learning, or don’t take advantage of the “generative” capabilities of AI to generate text, pictures, and other data. IT analyst Forrester listed gen AI for language and AI agents as two of its top 10 emerging technologies for 2024.

Insurance 144

Insurance Machine Learning Interactive Finance 144

CIO Business Intelligence

AUGUST 7, 2024

The following 10 award-winning projects showcase the impressive power of IT in the enterprise today and the ingenuity of modern CIOs and their teams, serving as representatives for the cohort of 2024 honorees. The end result, completed in early 2024 and now fully operational, is the data center EMR mirrored in cloud infrastructure.

IT 119

IT Insurance Cost-Benefit Testing 119

FineReport

APRIL 3, 2024

In today’s data-driven landscape, businesses are leaning more on BI tools , particularly BI dashboard solutions, to enhance decision-making through data visualization. Throughout this article, we’ll explore the importance of BI, data visualization, and dashboard tools in navigating intricate data landscapes.

Dashboards 52

Dashboards Visualization Metrics Interactive 52

CIO Business Intelligence

AUGUST 1, 2023

The impact of generative AIs, including ChatGPT and other large language models (LLMs), will be a significant transformation driver heading into 2024. Define a game-changing LLM strategy At a recent Coffee with Digital Trailblazers I hosted, we discussed how generative AI and LLMs will impact every industry.

Digital Transformation 98

Digital Transformation Unstructured Data Strategy Data Science 98

CIO Business Intelligence

FEBRUARY 19, 2025

If 2023 was the year of experimentation with gen AI, 2024 was when companies zeroed in on use cases and started putting pilot projects into production. In a survey of 2,300 IT decision makers that IBM released in December, 47% say theyre already seeing ROI from their AI investments, and 33% say theyre breaking even on AI.

ROI 137

ROI Marketing Sales Software 137

DataKitchen

NOVEMBER 27, 2024

A Guide to the Six Types of Data Quality Dashboards Poor-quality data can derail operations, misguide strategies, and erode the trust of both customers and stakeholders. Data quality dashboards have emerged as indispensable tools, offering a clear window into the health of their data and enabling targeted actionable improvements.

Data Quality 215

Data Quality Dashboards Metrics Cost-Benefit 215

CIO Business Intelligence

MARCH 14, 2025

Ambitious businesses are already eyeing the next leap forward in AI technology fuelled by the growing imperative to deliver business success driven by digital innovation. As Dell Technologies Regional Director for AI Portfolio Marketing Ihab El Ghazzawi said, the aim is to bring AI to your data, not bring data to your AI.

ROI 101

ROI Experimentation Strategy Data-driven 101