CIO Business Intelligence

AUGUST 21, 2024

They know how damaging a cybersecurity incident can be – the annual IBM/Ponemon Institute Cost of a Data Breach report puts it at $4.88 million in 2024 1 – and thus take the necessary steps to reduce cyber risk. Adherence to a defense-in-depth strategy should be front and center. To learn more, visit Hyland. [1]

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Strategy Measurement Risk Reporting 124

CIO Business Intelligence

JANUARY 25, 2024

The AI hype cycle has peaked: Tens of thousands of companies helped get it there with generative AI in 2023, with two-thirds now reporting they have deployed GAI tools to their workforce. Here are three strategies designed to help CIOs and others maximize their return not just on AI, but all essential tech.

ROI 105

ROI Experimentation Sales Finance 105

Dataiku

NOVEMBER 13, 2024

In May 2024, Dataiku and Databricks surveyed 400 senior AI professionals from leading global companies to explore the deployment of Generative AI (GenAI) across industries. No longer a novelty, GenAI is now a fundamental part of business operations.

Strategy 52

Strategy ROI Reporting IT 52

Paul Blogs on BI

JANUARY 3, 2024

As we see in another new year, it’s that time to hear about all the new strategies from software and Business Intelligence( BI) vendors for 2024. So, I expect to see a slew of new strategies based around these areas for BI. The thing about strategies is they are transient – they come and go but they don’t stick around too long.

Strategy 52

Strategy Business Intelligence Operational Reporting Reporting 52

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 110

Reporting Consulting Cost-Benefit Strategy 110

CIO Business Intelligence

AUGUST 8, 2024

According to a Protiviti report 1 : Nearly 7 in 10 organizations believe technical debt has a high level of impact on their ability to innovate. The right hiring strategy can help organizations reduce labor costs, and then reassign labor savings toward addressing technical debt,” he says.

Strategy 109

Strategy Digital Transformation Business Analysis Reporting 109

CIO Business Intelligence

JULY 10, 2024

In Europe, this attitude has become law, with the Corporate Sustainability Reporting Directive (CSRD) mandating that companies disclose its Environmental, Social, and Corporate Governance (ESG) efforts in annual reports, based on European Sustainability Reporting Standards (ESRS).

Reporting 102

Reporting KPI Metrics Software 102

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 22, 2024

Moreover, these repatriations show how CIOs have a shrewder, more fluid cloud strategy today to ensure they don’t settle for less than what they want. According to the IDC repatriation report, less than 10% of respondents said they had repatriated entire workloads. That 80% is consistent with past survey findings.

Optimization 128

Optimization Strategy IT Cost-Benefit 128

CIO Business Intelligence

JANUARY 25, 2024

In these customer engagements over recent months, I’ve seen some emerging trends that are poised to have a big impact on enterprises in 2024. Rethink Agile Within many organizations, we’re hearing reports of people feeling agile hasn’t delivered the anticipated value, along with a commensurate backlash against the approach.

Digital Transformation 132

Digital Transformation Strategy Software Management 132

CIO Business Intelligence

APRIL 16, 2024

That decision put the state’s IT department ahead of the curve when, in January 2024, Massachusetts Gov. According to the 2023 LinkedIn report Skills-First: Reimagining the Labor Market and Breaking Down Barriers , more than 45% of hirers on LinkedIn explicitly used skills data to fill roles, up 12% year over year.

Strategy 132

Strategy Reporting Management Marketing 132

CIO Business Intelligence

DECEMBER 18, 2023

Developing generative AI implementation strategies will be imperative for technology leaders, prioritizing key areas such as business model building, internal operational improvements, risk mitigation, and overall organizational efficiency. The demand for sustainable technologies and tech-enablement of ESG strategies has gained speed.

Cost-Benefit 110

Cost-Benefit Risk Manufacturing Strategy 110

IBM Big Data Hub

FEBRUARY 15, 2024

It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important as it relates to a company’s business model, risk management strategy , reporting requirements and more. Consider investor expectations around net-zero targets.

Reporting 78

Reporting Consulting Risk Metrics 78

CIO Business Intelligence

JANUARY 30, 2024

Twenty-plus years in, CIOs have discovered that, when it comes to IT, everything is going to need a strategy. As CIO, you need a data strategy. You need a cloud strategy. You need a security strategy. Just this past year another strategy must-have arrived to upend nearly every organization.

Strategy 119

Strategy Consulting Big Data Measurement 119

CIO Business Intelligence

JULY 30, 2024

The recent Freshworks Freshservice IT Service Management Benchmark Report (FBR) 2024 , which surveyed more than 9,400 organizations across 100 countries, outlines the seven essential IT service delivery KPIs . Customer Satisfaction (CSAT): Measures satisfaction with IT services.

Strategy 116

Strategy Management IT Measurement 116

CIO Business Intelligence

JANUARY 11, 2024

2023 was a year made notable by a range of unexpected, unpredictable, and fast-moving challenges that, despite seemingly having little to do with technology, had profound impacts on IT strategies. Waiting is a losing strategy.” These external factors can have a dramatic impact on business operations and strategic planning.

IT 133

IT Uncertainty Cost-Benefit Strategy 133

CIO Business Intelligence

SEPTEMBER 13, 2023

Generative AI will soon be everywhere — including in Salesforce’s Net Zero Cloud environmental, social, and governance (ESG) reporting tool. Net Zero Cloud uses data held within the Salesforce platform to help enterprises report on their carbon footprint and manage other social and governance metrics.

Reporting 128

Reporting Enterprise Strategy Finance 128

Cloudera

AUGUST 27, 2024

It’s nearing the end of the summer in North America, and one report has been a staple on my reading list for more than a decade: the Flexera State of the Cloud Report. I’ve referenced the latest iteration of the report dozens of times since its inception. 89% of respondents report using multiple clouds, up from 87% in 2023.

Reporting 81

Reporting Uncertainty Strategy Business Intelligence 81

CIO Business Intelligence

DECEMBER 5, 2023

In fact, manufacturing was one of the sectors most impacted by extortion attacks last year, according to Palo Alto Networks Unit 42, as reported in the 2023 Unit 42 Extortion and Ransomware Report. Cyberattacks on operational technology (OT) systems are rapidly rising.

Technology 105

Technology Strategy Manufacturing Digital Transformation 105

CIO Business Intelligence

JANUARY 11, 2024

billion in 2024, up from $563.6 billion in 2023, according to a report from Gartner. On Tuesday, the company also said it has completed the acquisition of management consultancy Vocatus , which uses behavioral economics modeling to develop pricing strategies and sales concepts for business-to-business and business-to-consumer models.

IT 116

IT Consulting Digital Transformation Manufacturing 116

CIO Business Intelligence

APRIL 16, 2024

The next generation of leaders in family businesses is poised to embrace the transformative power of generative AI (GenAI) despite marked resistance from the incumbent leaders, according to a PwC report. The survey findings too echoed Hinojosa’s sentiment.

Reporting 105

Reporting Digital Transformation Uncertainty Measurement 105

CIO Business Intelligence

JUNE 24, 2024

Ransomware accounted for nearly a quarter (24%) of data breach incidents in the 2023 Verizon Data Breach Investigations Report , and Sophos’ State of Ransomware 2023 found that two-thirds of surveyed companies had experienced a ransomware attack. In 2024 and beyond,” Martin-Romani says, “a layered cybersecurity approach is vital.

Strategy 111

Strategy Data-driven Technology Risk 111

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. Here veteran IT leaders and advisers offer eight strategies to speed up IT modernization.

Strategy 140

Strategy IT ROI Digital Transformation 140

FineReport

JUNE 7, 2024

In 2024, data visualization companies play a pivotal role in transforming complex data into captivating narratives. Let’s embark on a journey to uncover the top 10 Data Visualization Companies of 2024. In 2024, Alteryx continues its legacy of excellence with innovative solutions tailored to meet evolving industry demands.

Visualization 52

Visualization Predictive Analytics Dashboards Predictive Modeling 52

Jet Global

OCTOBER 29, 2024

New connector puts near real-time Workday ERP data directly into Excel and other familiar tools, further chipping away at finance teams’ reporting burdens RALEIGH, N.C. October 29, 2024 – insightsoftware , the most comprehensive provider of solutions for the Office of the CFO, today launched insightsoftware Reporting for Workday.

Finance 52

Finance Reporting Recreation/Entertainment Strategy 52

Jet Global

JUNE 27, 2024

Now available for European Union businesses, insightsoftware ESG reduces the burden of reporting and enhances an organization’s reputation with stakeholders RALEIGH, N.C. The modular solution simplifies and automates ESG reporting, saving time and improving visibility.

Reporting 64

Reporting Management Data Collection Metrics 64

CIO Business Intelligence

OCTOBER 22, 2024

For 2024, SAP management around CEO Christian Klein expects only 70 to 74 percent. This is according to the current financial report for the third quarter of 2023. We use this metric because we know that our growth strategy depends on engaged employees.” Terms such as layoffs and job cuts were avoided by those responsible.

Measurement 124

Measurement Software Manufacturing Reporting 124

CIO Business Intelligence

JULY 19, 2024

In a report on enterprise resilience and IT skilling strategies , IDC predicts that by 2026, 90% of organizations worldwide will “feel the pain of the IT skills crisis,” ultimately costing businesses upwards of $5.5T Classroom training was ranked the least effective strategy, with only 11% saying they found this format beneficial.

Strategy 116

Strategy Digital Transformation Cost-Benefit Consulting 116

CIO Business Intelligence

OCTOBER 30, 2024

They are inundated by increasingly potent cyber threats, especially as threat actors are now leveraging AI to enhance their attack strategies. According to Unit 42’s 2024 Incident Response Report , the median time between compromise and exfiltration accelerated to just two days in 2024 (from nine days in 2022).

Strategy 126

Strategy Reporting Visualization Interactive 126

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

CIO Business Intelligence

APRIL 24, 2024

But while the CIO is tasked with overseeing the IT department, staff, and infrastructure to support everyday operations and working with business leaders to align IT with business goals, the CTO is responsible for the overall technology strategy. Indeed lists a number of tasks a CTO might be expected to carry out.

Strategy 105

Strategy Key Performance Indicator Digital Transformation Reporting 105

CIO Business Intelligence

AUGUST 13, 2024

Reporting to the CEO and a member of the company’s executive committee, my role is deep and broad — product, user experience, data, digital, tech delivery, security, network, and operations,” he says. At the same time, CIOs may see a proliferation of new titles that would likely answer to them, Muehlberger says.

Technology 126

Technology Enterprise Digital Transformation IT 126

CIO Business Intelligence

SEPTEMBER 5, 2024

Here is the latest Oracle news and analysis: Oracle CloudWorld 2024: What to expect August 30, 2024: Oracle’s Database 23c gets vector search to underpin generative AI use cases · Oracle’s MySQL HeatWave gets Vector Store, generative AI features. Privacy advocates applauded the settlement.

Enterprise 119

Enterprise Software Manufacturing Data-driven 119

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. Ready to learn more? Contact us today and discover how Apache Flink can empower your business.

Software 88

Software Analytics Cost-Benefit Data-driven 88

CIO Business Intelligence

NOVEMBER 4, 2024

New product bundling and pricing, reseller program adjustments, divestments, and unforeseen changes are driving CIOs and IT providers to reassess their strategies and technologies. Industry changes and fallout from disgruntled Broadcom VMware customers have been widely reported. For us, it’s a multi-year opportunity.”

Digital Transformation 110

Digital Transformation Strategy Data Processing Forecasting 110

IBM Big Data Hub

FEBRUARY 12, 2024

Businesses that place the emotional needs of the buyer persona at the forefront of the customer experience strategy fosters great relationships. Forrester reports that customer experience is a high priority for about 75% of global business and technology professionals and their organizations.

Consulting 69

Consulting Strategy Interactive Data Processing 69

CIO Business Intelligence

NOVEMBER 15, 2023

This article was co-authored by Ishan Prakash , a Manager at Metis Strategy. Once relegated to a role of support, the function now can inform entire strategies as critically as it does key processes or core products. By Gartner’s estimations, overall IT spending will grow in 2024 by 8%, more than double that of 2022 and 2023—2.9%

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Publishing Reporting IT Finance 124