CIO Business Intelligence

JANUARY 2, 2024

CIOs are readying for another demanding year, anticipating that artificial intelligence, economic uncertainty, business demands, and expectations for ever-increasing levels of speed will all be in play for 2024. Here’s what they list as their 2024 resolutions. He sees 2024 as the year to have good answers.

IT 144

IT Cost-Benefit Statistics Consulting 144

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 140

Cost-Benefit Digital Transformation Consulting Strategy 140

CIO Business Intelligence

OCTOBER 23, 2024

In a survey of 451 senior technology executives conducted by Gartner in mid-2024, a striking 57% of CIOs reported being tasked with leading AI strategies. However, unlocking the full value of AI remains elusive, with four critical challenges standing in their way. It’s essential to evaluate all AI initiatives using the same criteria.

Enterprise 141

Enterprise Cost-Benefit Broadcasting Risk 141

CIO Business Intelligence

JANUARY 25, 2024

For enterprise executives in 2024, that means right-sizing those expectations and getting to work: justifying the right use cases, forming teams, and tracking progress and ROI. After a year of frenzied experimentation and investment, executives will have to identify truly valid use cases (and ROI) for AI in 2024.

ROI 106

ROI Experimentation Sales Finance 106

CIO Business Intelligence

JANUARY 7, 2025

The question, then, is not whether you will shift toward more AI-influenced operations in 2024 but how and, more importantly, why. Organizations without a clear vision of what they want to accomplish in 2024 will find plenty of AI bells and whistles but very little direction. ROI quickly becomes DOA.

ROI 52

ROI Business Objectives Technology Optimization 52

CIO Business Intelligence

OCTOBER 4, 2024

Muchas organizaciones han luchado por encontrar el retorno de la inversión (ROI) después de lanzar proyectos de inteligencia artificial (IA) , pero existe el peligro de exigir demasiado, demasiado pronto, según la firma de investigación y asesoramiento de TI Forrester. Pero se está produciendo un reinicio de la IA.

ROI 23

ROI KPI Software Strategy 23

CIO Business Intelligence

NOVEMBER 5, 2024

IDC’s Sustainability Readiness Index Survey (August 2024) found that 32% of businesses have created strategic road maps, while 26% have begun embedding sustainability into their operations and 20% say that sustainability has become the “new normal.” There is no denying that environmental sustainability is top of mind for many companies today.

Uncertainty 98

Uncertainty Measurement ROI Reporting 98

IBM Big Data Hub

JANUARY 16, 2024

Join us in Boston for Think 2024, a unique and engaging experience that will guide you on your AI for business journey, no matter where you are on the road. After Think 2024, you’ll know exactly what next steps to take to meaningfully transform your business and drive sustainable competitive advantage. You have to move fast.

Experimentation 96

Experimentation ROI Consulting Enterprise 96

CIO Business Intelligence

MARCH 11, 2024

Although there are signs of general economic recovery including lower inflation & interest rates and higher growth as we navigate early 2024, there’s little evidence to suggest that buyers will suddenly return to their old ways. This translates to higher productivity, improved decision-making, and ultimately, higher ROI.

Manufacturing 106

Manufacturing Cost-Benefit Finance Marketing 106

Timo Elliott

DECEMBER 4, 2024

At the UK and Ireland SAP User Group ( UKISUG ) Connect 2024 in Birmingham this week, Craig Dale , UKISUG’s Chief Executive, and Conor Riordan , the group’s new chair, delivered a keynote focused on the transformative challenges and opportunities facing the SAP user community. The feedback has been overwhelmingly positive,” Dale noted.

ROI 52

ROI Data Quality Technology IT 52

CIO Business Intelligence

NOVEMBER 27, 2024

If it costs more to detect and remove incorrect phone numbers in your dataset than it costs to make that number of wasted calls or send that many undeliverable text messages, then there’s no ROI in fixing the numbers in advance. “A Even for the same use case, the underlying data can shift over time,” warns Swaminathan. “A

Enterprise 141

Enterprise Data Quality Structured Data Modeling 141

CIO Business Intelligence

DECEMBER 10, 2024

Proving the ROI of AI can be elusive , but rushing to achieve it can prove costly. Appian, Atlassian, Cisco Collaboration, Forethought, IBM, Ivanti, Pega, Salesforce, SAP, ServiceNow, Workday, Zoho, and others launched service-oriented AI agents in 2024.

Sales 143

Sales Metrics Data-driven Measurement 143

CIO Business Intelligence

JANUARY 15, 2025

2024 AI . . 3 . . AI . 2,500 , AI 4 , 15% AI . 69% AI , 36% . . AI 33% AI 10% , , , , AI ROI . AI . AI AI , ROI . . AI . 5 . . 2 RSM .

ROI 106

ROI Digital Transformation 106

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

CIO Business Intelligence

NOVEMBER 19, 2024

In 2024, a new trend called agentic AI emerged. Investments in AI agent projects are expected to yield orders of magnitude in ROI and business value if companies select high-impact use cases. There is no faster way to erode ROI than through unneeded token costs and extra processing costs. Now is the time to explore agentic AI.

Testing 135

Testing Cost-Benefit Interactive ROI 135

CIO Business Intelligence

DECEMBER 11, 2024

Newly released research from SASs Data and AI Pulse Survey 2024 Asia Pacific finds that only 18% of organisations can be categorised as AI leaders, where the organisation has an AI strategy and long-term investment plans in place. These ROI expectations exist despite many surveyed organisations not having a clear AI strategy.

ROI 59

ROI Experimentation Insurance Strategy 59

David Menninger's Analyst Perspectives

NOVEMBER 5, 2024

As bots were developed, deployed and improved, Verint took its initial argument about identifying specific, immediately helpful use cases and added the critical element of ROI. It will be interesting to see how Verint quantifies Genie’s value in ROI terms, as it does for the rest of the bot portfolio.

ROI 130

ROI Interactive Software Measurement 130

CIO Business Intelligence

MARCH 12, 2024

And 2024 looks to be that kind of year, with John-David Lovelock, distinguished VP analyst, reporting that “IT spending will be driven by more traditional forces, such as profitability, labor, and dragged down by a continued wave of change fatigue.” When these additional costs appear, the original ROI prognosticators get unhappy.

ROI 122

ROI IT Manufacturing Metrics 122

CIO Business Intelligence

APRIL 19, 2024

AI promises cost savings, productivity improvements, and better customer experiences, but CIOs need to figure out how to calculate the ROI , McDonald said. Data centers shoulder the load To support AI workloads, spending on data center systems will increase by 10% in 2024, Gartner predicted, compared to a 4% increase in 2023.

IT 132

IT Software Cost-Benefit ROI 132

CIO Business Intelligence

JULY 30, 2024

Kenneth Gonzalez, Head of Analyst Relations, Freshworks, highlights some key findings from Freshworks’ Freshservice IT Service Management Benchmark Report 2024 (FBR 2024) , which surveyed more than 9,400 organizations across over 100 countries, that corroborates the value of generative AI in ITSM.

Management 115

Management IT ROI Predictive Analytics 115

CIO Business Intelligence

DECEMBER 11, 2024

Yet its too early to officially calculate ROI, he says, which will require more data points over a long time period. The gap has significantly narrowed in 2024, says Gartner analyst Arun Chandrasekaran. Were getting good feedback from the salespeople using it. But early results are promising enough to expand the rollout.

Cost-Benefit 115

Cost-Benefit Modeling Marketing Sales 115

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

MARCH 3, 2024

The Foundry survey found three significant challenges forcing security leaders to redirect their focus: meeting governance and compliance regulations; budgetary constraints/demonstrating RoI and employee awareness and training issues.

IT 111

IT Measurement Risk Reporting 111

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

AUGUST 20, 2024

IDC’s Worldwide Edge Spending Guide (February 2024) finds that worldwide spending on edge computing will reach $232 billion this year, an increase of more than 15% over 2023. IDC EdgeView 2024, n = 800 The hard costs of edge computing In many ways, this is the easy part. Continued growth is expected over the next several years.

ROI 119

ROI Modeling Marketing Management 119

CIO Business Intelligence

OCTOBER 4, 2024

Los debates marcaron, una vez más, gran parte de la agenda de la última edición de CIO Summit 2024 , celebrado en Madrid los pasados 25 y 26 de septiembre. La expansión digital protagonizó el primer panel, moderado por Alejandro Cadenas, vicepresidente asociado para Telecomunicaciones y Movilidad en Europa en IDC.

Machine Learning 119

Machine Learning KPI Software Deep Learning 119

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. CIOs are no longer viewed.

Data Integration 64

Data Integration Management ROI Data-driven 64

CIO Business Intelligence

OCTOBER 8, 2024

SAP’s promised collaboration between its AI copilot, Joule, and other agents will become reality in the fourth quarter of 2024, the company announced at its 2024 TechEd conference Tuesday. At what scale do they provide a positive ROI?” What prerequisites are required to deploy these autonomous workflows?

Business Objectives 130

Business Objectives ROI Finance Sales 130

CIO Business Intelligence

AUGUST 30, 2024

Forrester, in a recent blog post , named AI agents as one of the top 10 emerging technologies for 2024, with author Brian Hopkins, vice president of the Forrester emerging tech portfolio, calling them “perhaps the most exciting development” on this year’s list. “AI

ROI 138

ROI Recreation/Entertainment Machine Learning Interactive 138

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

AUGUST 27, 2024

The imperative for APMR According to IDC’s Future Enterprise Resiliency and Spending Survey, Wave 1 (January 2024), 23% of organizations are shifting budgets toward GenAI projects, potentially overlooking the crucial role of application portfolio modernization and rationalization (APMR).

Cost-Benefit 110

Cost-Benefit Key Performance Indicator ROI Strategy 110

CIO Business Intelligence

AUGUST 20, 2024

As an example, in January 2024, Accenture reported that there were almost 40,000 mentions of AI on earnings calls by the end of 2023 as “C-Suite leaders gird for a ‘massive technology shift.’” Accenture Technology Vision 2024 There’s a reason why CEOs and CFOs are talking about AI and generative AI, according to Accenture research.

Digital Transformation 144

Digital Transformation Modeling ROI Strategy 144

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. Complexity of measuring ROI : Unlike traditional business metrics, sustainability initiatives are often difficult to quantify in direct financial terms.

IT 59

IT Data Governance Data-driven Metrics 59