CIO Business Intelligence

NOVEMBER 17, 2022

Watching the trends A new NTT ebook, The Future of Networking in 2025 and Beyond , looks at the trends that are likely to have the biggest impact on CIOs and information technology in the next few years. This extends to building management (including smart buildings) and educating your employees on the benefits of your sustainability efforts.

Internet of Things 59

Internet of Things Data-driven Cost-Benefit Digital Transformation 59

CIO Business Intelligence

SEPTEMBER 3, 2024

Looking ahead to the 2025 budget season my futurist colleagues forecast a drama-rich street fight for enterprise IT resources. With 2025 budgets expected to be tight, IT must have its “value story” ready. To wit, the average cost of a 30-second ad spot at Super Bowl LVIII was $7 million. Is this too much to ask?

Cost-Benefit 128

Cost-Benefit Measurement Advertising Statistics 128

CIO Business Intelligence

JULY 23, 2024

There are not many organizations that can take a hit on net profit due to monstrous restructuring costs, yet at the same time raise their operating profit projections for 2025, but SAP is one of them, according to its latest quarterly results released this week.

Cost-Benefit 133

Cost-Benefit Software Enterprise Marketing 133

CIO Business Intelligence

NOVEMBER 4, 2024

AI governance is not just about protecting the enterprise from data leakage or intellectual property theft but also keeping costs in line with budgets, observers note. They see AI as an opportunity to gain market share or reduce operational costs, while maintaining high customer experience quality and operational excellence.”

Uncertainty 137

Uncertainty Cost-Benefit Risk Experimentation 137

CIO Business Intelligence

OCTOBER 23, 2024

CIOs will begin to spend on GenAI, beyond proof-of-concept work, starting in 2025. But not all employees get the same degree of benefit from using GenAI. More than 90% of CIOs said that managing cost limits their ability to get value from AI for their enterprise, according to a Gartner survey of over 300 CIOs in June and July 2024.

Enterprise 135

Enterprise IT Cost-Benefit Measurement 135

CIO Business Intelligence

AUGUST 15, 2024

Gartner also recently predicted that 30% of current gen AI projects will be abandoned after proof-of-concept by 2025. Many of those gen AI projects will fail because of poor data quality, inadequate risk controls, unclear business value , or escalating costs , Gartner predicts.

ROI 143

ROI Cost-Benefit Experimentation Deep Learning 143

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. However, the productivity and staff morale benefits of AI-enabled applications are compelling.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

CIO Business Intelligence

MAY 23, 2024

According to Gartner [1], while only about 10 percent of enterprise-generated data is created and processed outside a traditional data center or cloud, this figure is expected to soar to 75 percent by 2025. All of this adds up to being able to push new boundaries in analytics and do more, faster.

Internet of Things 138

Internet of Things Cost-Benefit Enterprise Technology 138

CIO Business Intelligence

AUGUST 20, 2024

Many AI projects have huge upfront costs — up to $200,000 for coding assistants, $1 million to embed generative AI in custom apps, $6.5 Those costs don’t include recurring costs, which can run into the thousands of dollars per user each year. SMBs are particularly vulnerable to these cost increases.”

Risk 131

Risk Cost-Benefit Insurance ROI 131

datapine

MAY 2, 2023

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. These applications are designed to benefit logistics and shipping companies alike. Did you know?

Big Data 275

Big Data Internet of Things Cost-Benefit Optimization 275

CIO Business Intelligence

SEPTEMBER 12, 2024

The cost of compliance These challenges are already leading to higher costs and greater operational risk for enterprises. It’s thought that 94% of annual compliance costs stem from the labor-intensity of this business area. zettabytes in 2020 to 181 zettabytes in 2025. According to figures from the Cato Institute, U.S

Data-driven 106

Data-driven Management Cost-Benefit Risk 106

CIO Business Intelligence

SEPTEMBER 19, 2024

Three-quarters of the organizations that try to build AI agents in house will fail, according to Forrester’s 2025 predictions for AI. While some companies may achieve success, it’s common for these projects to spiral out of control in terms of cost and complexity,” Ackerson says. “In

IT 138

IT Cost-Benefit Consulting Modeling 138

IBM Big Data Hub

APRIL 10, 2024

IDC estimates that 750 million cloud native will be built by 2025. Value delivery and reduced business cost Decreasing production costs helps drive agility by realigning with new business goals sooner. For example, the cost of the technical debt in US was $1.52 Modernization can substantially address sustainability goals.

Cost-Benefit 88

Cost-Benefit Software Risk Marketing 88

CIO Business Intelligence

AUGUST 28, 2024

A key trend for 2025 will be AI serving as an assistant rather than a replacement. From a human-centered perspective, this may be a worrying trend, as a primary focus on technology may bring unwanted human costs such as reducing job satisfaction, motivation, and mental well-being,” HBR said. “If

Testing 115

Testing Cost-Benefit Reporting Interactive 115

CIO Business Intelligence

OCTOBER 27, 2022

A key driver for this is the steep resource cost in keeping customized implementations apace with the latest features — a cost many CIOs forgo in favor of stagnancy, at the risk of falling behind. This is cumbersome and leads to additional cost.

IT 145

IT Cost-Benefit Finance Marketing 145

Smart Data Collective

JUNE 28, 2022

It is projected that there will be over 77 million smart homes in the United States by 2025. Technological innovation has proved incredibly useful for this purpose, so we’ve compiled a list of smart energy inventions that are helping us all save energy costs and reduce our reliance on finite resources. Smart grids. The impact.

Technology 114

Technology Cost-Benefit Consulting Data-driven 114

Timo Elliott

MAY 8, 2023

You can see the company’s winning submission document here , with lots of details about the business goals, technical infrastructure, benefits, and SAP products used. The outcomes are really impressive.

IoT 104

IoT Cost-Benefit Machine Learning Risk 104

CIO Business Intelligence

APRIL 4, 2023

Unsurprisingly, more than half of enterprise IT spending in key market segments will shift to the cloud by 2025, according to Gartner. [1] However, the transformative benefits of cloud cannot be realized (or may even be negated!) without a modern network to support it. 4] How can cloud-based network management help?

Marketing 97

Marketing Management Cost-Benefit IoT 97

CIO Business Intelligence

MAY 8, 2024

billion by 2025. This approach offers several benefits, including scalability, cost-efficiency, and reduced maintenance overhead, as the cloud provider handles the infrastructure management and scaling. trillion by 2025, highlighting the continued growth and importance of IoT devices.

Data Integration 102

Data Integration IoT Cost-Benefit Internet of Things 102

CIO Business Intelligence

JUNE 9, 2024

In 2025, Mordor Intelligence values the region’s connected manufacturing industry at US$54 billion, rising to more than $80 billion by 2029. One factor is that manufacturers are shifting operations out of China into neighboring Southeast Asian countries to save costs. initiatives.

Manufacturing 98

Manufacturing Data-driven Cost-Benefit Digital Transformation 98

CIO Business Intelligence

NOVEMBER 14, 2024

Agentic AI is having a moment, as proponents see the benefits of using autonomous AI agents to automate manual tasks across organizations. Agentic AI, which Forrester named a top emerging technology for 2025 in June , takes generative AI a step further by emphasizing operational decision-making rather than content generation.

Business Intelligence 134

Business Intelligence Enterprise Recreation/Entertainment Software 134

CIO Business Intelligence

DECEMBER 12, 2022

By 2025, the volume of data created, captured, copied, and consumed worldwide is forecast to increase to more than 180 zettabytes from a 2020 base of 64.2 Without tools to manage rapid data growth or the ability to scale their internal teams, businesses may find they’re unable to realise the full benefits of the digital systems.

IT 97

IT Cost-Benefit Digital Transformation Forecasting 97

CIO Business Intelligence

SEPTEMBER 12, 2024

Called “Copilot Actions” when released, these were a library of preprogrammed capabilities to help sellers benefit from conversational AI in Sales Cloud. Furthermore, Salesforce said some components of its Atlas Reasoning Engine will be launched in February 2025.

Sales 143

Sales Enterprise Optimization Cost-Benefit 143

CIO Business Intelligence

FEBRUARY 14, 2023

Here’s where Avaya sees the market heading… The Growth of Hybrid Cloud Among Large Enterprises SMBs will continue to benefit from CCaaS this year with the ability to consume advanced capabilities that were previously out of reach. Overall, it’s expected that 60% of enterprises will be using CCaaS by 2025.

Statistics 98

Statistics Cost-Benefit Enterprise Modeling 98

CIO Business Intelligence

AUGUST 14, 2024

The cost of OpenAI is the same whether you buy it directly or through Azure. It’s aggressively deploying those to Azure data centers, which won’t require any changes by customers, and expects these investments to come closer to meeting demand by mid 2025. Implementation is a huge portion of actually achieving success,” he adds.

Enterprise 136

Enterprise Cost-Benefit Experimentation Modeling 136

datapine

MAY 31, 2022

3) Cloud Computing Benefits. It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

MAY 16, 2023

Many found these environments difficult to manage, govern and modernize, all while controlling costs. All these challenges limited the benefits the multicloud model was supposed to unlock. What is multicloud by design? There’s another way to approach the challenge of the multicloud operating model.

Strategy 98

Strategy Cost-Benefit Optimization Modeling 98

IBM Big Data Hub

MAY 15, 2024

According to a Gartner report , cloud operational expenses are expected to surpass traditional IT spending, reflecting the ongoing transformation in expenditure patterns by 2025. To maximize benefits and realize the potential of FinOps, organizations must forge a clear path and avoid common mistakes.

Key Performance Indicator 56

Key Performance Indicator Cost-Benefit Forecasting Finance 56

CIO Business Intelligence

SEPTEMBER 10, 2024

billion in 2024 and is forecast to reach nearly $300 billion in 2025, according to Gartner. Many SaaS solutions have some capabilities for backing up customer data, but its primary purpose is not for the direct benefit of the client to restore data from customer-related or -inflicted issues.

Risk Management 130

Risk Management Risk Enterprise Insurance 130

CIO Business Intelligence

SEPTEMBER 25, 2024

And we’ll perhaps see more agent frameworks evolve and mature in 2025.” Another way to reduce hallucinations is to run the same prompt multiple times and compare the responses, says David Guarrera, gen AI lead at EY Americas, though this can increase inference costs.

Cost-Benefit 143

Cost-Benefit Modeling Enterprise Contextual Data 143

IBM Big Data Hub

MAY 25, 2023

In this blog post, we will examine traditional IT operation problems through the lens of data-driven automation and the benefits of AIOps. And every second counts—a recent IDC survey found that a single hour of downtime costs an average of USD 250K or more when a revenue-generating production service is impacted.

Cost-Benefit 70

Cost-Benefit Digital Transformation Optimization Data-driven 70

CIO Business Intelligence

AUGUST 13, 2024

Here are some key hurdles and strategies to overcome them: Foster an automation culture by involving employees early and showcasing benefits. Apply business-centric thinking: Manage deep automation as a business transformation, prioritizing agility and resilience over mere cost optimization.

Data-driven 129

Data-driven Metrics Optimization Deep Learning 129

IBM Big Data Hub

MAY 15, 2024

According to International Data Corporation (IDC), stored data is set to increase by 250% by 2025 , with data rapidly propagating on-premises and across clouds, applications and locations with compromised quality. This situation will exacerbate data silos, increase costs and complicate the governance of AI and data workloads.

Cost-Benefit 67

Cost-Benefit Data Integration Data Architecture Manufacturing 67

erwin

FEBRUARY 6, 2020

In 2018, IDC predicted that the collective sum of the world’s data would grow from 33 zettabytes (ZB) to 175 ZB by 2025. Business users benefit from automating impact analysis to better examine value and prioritize individual data sets. The Benefits of Data Management Automation. Protecting data came in last place.

Management 144

Management Data Governance Cost-Benefit Metadata 144

CIO Business Intelligence

MARCH 30, 2023

Repurposing corporate information assets Companies are drowning in data, with IDC predicting there will be more than a five-fold increase in the data generated by organizations between 2018 and 2025.

Sales 111

Sales Cost-Benefit Data Processing Marketing 111

Smart Data Collective

SEPTEMBER 16, 2022

They are using big data technology to offer even bigger benefits to their fintech customers. The use of artificial intelligence technologies allows for improving the quality of service and minimizing costs. Benefits of Decentralized Finance: Transparency. Cost optimization. Benefits of Big Data: Customer focus.

Finance 121

Finance Unstructured Data Cost-Benefit Big Data 121

CIO Business Intelligence

AUGUST 1, 2022

According to IDC , global data creation and replication will experience a compound annual growth rate (CAGR) of 23% by 2025. Gartner research shows that 60% of all enterprises will require storage products to have integrated ransomware defense and mitigation mechanisms by 2025, up from 10% in 2022. For more information, visit [link].

Strategy 98

Strategy Cost-Benefit Risk Management 98