CIO Business Intelligence

MARCH 25, 2025

CIOs perennially deal with technical debts risks, costs, and complexities. What CIOs can do: Measure the amount of time database administrators spend on manual operating procedures and incident response to gauge data management debt.

Risk 140

Risk Cost-Benefit Data-driven Digital Transformation 140

CIO Business Intelligence

DECEMBER 18, 2024

Resilience frameworks have measurable ROI, but they require a holistic, platform-based approach to curtail threats and guide the safe use of AI, he adds. However, CIOs must still demonstrate measurable outcomes and communicate these imperatives to senior leadership to secure investment.

Risk 105

Risk Risk Management Cost-Benefit Measurement 105

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

MARCH 25, 2025

The EU AI Act will be implemented in stages over the next two years, starting in February 2025, and the EU Data Act will be implemented in stages starting in fall 2025. The problem: the complexity of interpreting the laws and deriving the necessary measures and requirements from them represents a significant hurdle for many companies.

IT 95

IT Key Performance Indicator Risk Cost-Benefit 95

CIO Business Intelligence

NOVEMBER 13, 2024

So for all its vaunted benefits to efficiency, gen AI doesn’t always reduce workloads. Managers tend to incentivize activity metrics and measure inputs versus outputs,” she adds. Customizing AI models can cost more than $5 million, and building a custom model from scratch can cost a company up to $20 million.

IT 141

IT Consulting ROI Cost-Benefit 141

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

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

datapine

JULY 17, 2019

Experts predict that by 2025, around 175 Zettabytes of data will be generated annually, according to research from Seagate. KPI is a value measured to assess how effective a project or company is at achieving its business objectives. Let’s start by considering what KPIs are and what they mean in a business context. What Is A KPI?

KPI 223

KPI Reporting Key Performance Indicator Dashboards 223

CIO Business Intelligence

MARCH 19, 2025

According to Informaticas CDO Insights 2025 , 87% of data leaders expect increased investment in generative AI and data governance, yet only a fraction are leveraging these advancements for ESG efforts. Additionally, 97% of CDOs struggle to demonstrate business value from sustainability-focused AI initiatives.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

JANUARY 30, 2025

When organizations build and follow governance policies, they can deliver great benefits including faster time to value and better business outcomes, risk reduction, guidance and direction, as well as building and fostering trust. The benefits far outweigh the alternative. But in reality, the proof is just the opposite. AI governance.

Testing 93

Testing Metrics Cost-Benefit Modeling 93

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

CIO Business Intelligence

MARCH 19, 2025

If last years Huawei Industrial Digital and Intelligent Transformation Summit was about exploring the opportunities and challenges of industrial intelligent transformation, the 2025 edition was about how rapid AI development has changed the landscape. Lastly, open-source AI models are simply becoming more competitive.

Digital Transformation 52

Digital Transformation Cost-Benefit Sales Enterprise 52

Smart Data Collective

MAY 17, 2021

A mission-critical task like maintenance can be relegated to proactive measures thanks to a steady flow of performance data. What’s more, the same technology can be used for other measures, like monitoring assets and goods, which cuts down on fraud and theft. billion by the end of 2025 , up from $3.8 billion in 2018.

Big Data 132

Big Data Cost-Benefit IoT Machine Learning 132

Smart Data Collective

FEBRUARY 22, 2022

E-commerce startups are investing most heavily in big data, which is why the e-commerce analytics market will be worth over $22 billion by 2025. Fortunately, new e-commerce companies are in a good position to benefit from data. 1 – Customer acquisition costs. They must make every penny count. 4 – Gross margins.

Data-driven 141

Data-driven Metrics Big Data Sales 141

CIO Business Intelligence

JUNE 29, 2022

Many CIOs are turning to RPA to streamline enterprise operations and reduce costs. What are the benefits of RPA? RPA provides organizations with the ability to reduce staffing costs and human error. Bots are typically low-cost and easy to implement, requiring no custom software or deep systems integration.

Cost-Benefit 145

Cost-Benefit Software Machine Learning Enterprise 145

Jen Stirrup

NOVEMBER 15, 2022

The RPA market may grow to $25 billion in 2025 according to Forrester, and it has the promise of supporting digital transformation through streamlining digital transformation ( Reference ). The foundation should be well structured and have essential data quality measures, monitoring and good data engineering practices.

Data Science 145

Data Science Digital Transformation Data-driven Measurement 145

Smart Data Collective

SEPTEMBER 30, 2021

One of the biggest benefits of AI is that it has helped streamline many workplace functions. According to the analysis of Cybersecurity Ventures, the yearly cost of cybercrime is expected to reach $10.5 trillion , and ransomware damage costs will reach $20 billion by 2025. AI is going to be more important than ever.

Optimization 135

Optimization IoT Data-driven Cost-Benefit 135

Smart Data Collective

SEPTEMBER 6, 2020

A growing number of ecommerce platforms have expressed the benefits of data analytics technology and incorporated them into their solutions. billion on big data by 2025. Essential Benefits of Big Data in Ecommerce Applications. There’s more to the total cost of ownership than the cost of licensing.

B2B 135

B2B Data Analytics Analytics Cost-Benefit 135

CIO Business Intelligence

MARCH 14, 2022

In How to Measure Anything , Douglas Hubbard offers an alternative definition of “measurement” to the Oxford English Dictionary’s “the size, length, or amount of something.” Hubbard defines measurement as: “A quantitatively expressed reduction of uncertainty based on one or more observations.”. but how deep is that coverage?

Uncertainty 105

Uncertainty Measurement Cost-Benefit Optimization 105

CIO Business Intelligence

OCTOBER 24, 2024

While avatars are by no means, a new phenomenon — many abound in the esoteric worlds of gaming, sci-fi and film, as well as in learning and education — Jesch’s post is, perhaps, among the first of a senior business executive’s use of a genAI alter-ego for personal and business benefit in the course of daily work.

Cost-Benefit 131

Cost-Benefit Data-driven Enterprise Software 131

Smart Data Collective

SEPTEMBER 11, 2020

An article in CISCOMAG talks about the benefits of using AI in improving network security. The number of IoT devices is projected to skyrocket from 10 billion to 64 billion between 2018 and 2025. AI will also employ cost-effectiveness in developing and maintaining networking systems. Growing Importance of AI in Networking.

Technology 111

Technology IoT Internet of Things Cost-Benefit 111

Smart Data Collective

APRIL 25, 2022

trillion by 2025. It will also help in onboarding new staff so they can hit the ground running and provide a system where you can monitor, measure, and improve the overall user experience. The benefits of digital adoption to your employees trickle down to your customers. The benefits are many, and its effects profound.

Big Data 124

Big Data Cost-Benefit Digital Transformation Technology 124

Smart Data Collective

NOVEMBER 6, 2019

city employed an emerging discipline called “carbon economics” and data gathered at the local level to map out carbon emissions and deploy carbon abatement measures. Some of the measures saved the city as much as $1,200 per ton of CO2. By 2025, close to one-third of this information will be real-time data.

Cost-Benefit 101

Cost-Benefit Measurement Modeling Technology 101

CIO Business Intelligence

MAY 28, 2022

The benefits? Drive cost efficiencies and make headway on meeting corporate environmental, social, and governance (ESG) targets, for starters. It may not drive them to many new behaviors, but it gives them additional support for initiatives that have sustainability benefits as well, such as power and thermal monitoring.”.

Cost-Benefit 103

Cost-Benefit Optimization Metrics Measurement 103

Smart Data Collective

JUNE 23, 2019

This benefits you, and it also helps the city and community have fewer cars on the road during heavy-traffic times resulting in both convenience and less pollution. There are expected to be 29 smart cities by 2025. Through the collection of data , patterns of traffic congestion are produced to give you the best route. Conclusion.

Big Data 111

Big Data Cost-Benefit Measurement Management 111

Smart Data Collective

FEBRUARY 22, 2021

billion on big data solutions in 2025. It’s invaluable in the production process as it can detect if a car part is fitted incorrectly, as well as assess how safe the vehicle is and suggest required measures to make it safer. CIO talked about these benefits a couple of years ago and the benefits have compounded since.

Analytics 116

Analytics Big Data Cost-Benefit Finance 116

Smart Data Collective

FEBRUARY 23, 2021

Companies around the world are projected to spend $33 billion on business intelligence by 2025. Consider Long-Term Benefits. Your business intelligence algorithms need to focus on the long-term benefits associated with gamification. Nevertheless, like already mentioned, you need to be measured and careful with your approach.

Business Intelligence 118

Business Intelligence Cost-Benefit Strategy Measurement 118

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 130

Data-driven Metrics Optimization Machine Learning 130

CIO Business Intelligence

MAY 26, 2022

The benefits? Drive cost efficiencies and make headway on meeting corporate environmental, social, and governance (ESG) targets, for starters. It may not drive them to many new behaviors, but it gives them additional support for initiatives that have sustainability benefits as well, such as power and thermal monitoring.”.

Cost-Benefit 97

Cost-Benefit Optimization Metrics Measurement 97

Smart Data Collective

JULY 9, 2023

The market for public cloud computing services is projected to reach $800 billion by the end of 2025. We mentioned that many big businesses have moved to the cloud , but smaller businesses are benefiting from it as well. Cost and Scalability The cost and scalability of RDP and VPN solutions can vary significantly.

Cost-Benefit 98

Cost-Benefit Risk Measurement Software 98

CIO Business Intelligence

JUNE 23, 2023

CIOs should prioritize an adaptable technology infrastructure that eliminates data silos, ensures security and governance, and embraces a unified horizontal platform for streamlined data management, reducing integration complexities, skilled workforce requirements, and costs.

Data Strategy 116

Data Strategy Strategy Visualization Consulting 116

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 Machine Learning 102

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

CIO Business Intelligence

JANUARY 22, 2024

Remote work began as a temporary measure during the pandemic but has long been a permanent fixture in our new way of working. McKinsey & Company estimates that the annual increase of costs related to cybercrime will reach $10.5

Digital Transformation 124

Digital Transformation Risk Cost-Benefit Risk Management 124

CIO Business Intelligence

APRIL 19, 2022

The university extends employee benefits to contract workers. They’re in a more reactive mode, using contract and freelance talent reluctantly as a stopgap measure “and not strategically seeing how they can fit in with the workforce model they’re using.”. Pros and cons of contract staffing. Best practices.

IT 98

IT Cost-Benefit Strategy Reporting 98

IBM Big Data Hub

FEBRUARY 6, 2024

A prime benefit of cloud computing for business is its flexibility for quickly and efficiently scaling resources to meet business demands, freeing organizations from investing time and expense into expanding their own physical IT infrastructure. Automation Automation tools are a significant feature of cloud-based infrastructure.

Cost-Benefit 98

Cost-Benefit Digital Transformation Software Internet of Things 98

CIO Business Intelligence

AUGUST 21, 2024

It wasn’t just a single measurement of particulates,” says Chris Mattmann, NASA JPL’s former chief technology and innovation officer. “It It was many measurements the agents collectively decided was either too many contaminants or not.” They also had extreme measurement sensitivity.

Risk 136

Risk Insurance Cost-Benefit Software 136