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

AUGUST 13, 2024

Unlike traditional approaches, deep automation is holistic, adaptive, and evolutive, prioritizing human-machine partnership and customer experience for optimal efficiency and impact. AI-integrated tractors, planters, and harvesters form a data-driven team, optimizing tasks and empowering farmers.

Data-driven 129

Data-driven Metrics Optimization Deep Learning 129

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

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. It extends and optimizes cloud stacks to dedicated IT environments, so organizations can run workloads where and how they want.

Strategy 98

Strategy Cost-Benefit Optimization Modeling 98

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. The impact.

Technology 114

Technology Cost-Benefit Consulting Data-driven 114

IBM Big Data Hub

MAY 25, 2023

You’re responsible for optimizing spend, operational efficiency and incorporating new and innovative technologies. In this blog post, we will examine traditional IT operation problems through the lens of data-driven automation and the benefits of AIOps. But are your tools slowing you down?

Cost-Benefit 70

Cost-Benefit Digital Transformation Optimization Data-driven 70

CIO Business Intelligence

NOVEMBER 13, 2024

The company has already rolled out a gen AI assistant and is also looking to use AI and LLMs to optimize every process. One is going through the big areas where we have operational services and look at every process to be optimized using artificial intelligence and large language models. We’re doing two things,” he says.

IT 138

IT Consulting ROI Cost-Benefit 138

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

IBM Big Data Hub

MAY 15, 2024

However, the rise of hybrid and multi-cloud patterns has led to challenges in optimizing value and controlling cloud expenditure, resulting in a shift from capital to operational expenses. 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

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

FEBRUARY 27, 2023

If you look into the startup world, they start in public clouds, but as they grow to a certain scale, cloud costs will become a big problem and the need for more control might come up to bring things back into their own infrastructures or sovereign clouds. So cloud-native first, yes but maybe not public cloud first to the same degree.”

Cost-Benefit 145

Cost-Benefit Digital Transformation Strategy Software 145

IBM Big Data Hub

APRIL 22, 2024

“But it’s important to reap these benefits while minimizing the environmental impact. According to the European Union’s 2023 Energy Efficiency Directive , Europe’s data center electricity consumption is expected to grow 28% from 2018 to 2030, exemplifying the environmental costs of AI usage.

Cost-Benefit 88

Cost-Benefit Modeling Manufacturing Reporting 88

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

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

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

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

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

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

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 12, 2023

Its aggressive sustainability goals included achieving net zero emissions by 2050, making all packaging reusable or recyclable by 2025 and investing more than USD 3 billion globally over several years to drive momentum. Learn more about the benefits of cloud-native development.

Consulting 74

Consulting Cost-Benefit Dashboards Optimization 74

Smart Data Collective

DECEMBER 13, 2021

billion on big data by 2025. This figure will continue to grow as more online retailers discover the benefits of using big data for various purposes, such as marketing. You simply can’t afford to ignore the benefits of using big data in this business. There are a lot of benefits of using big data in the e-commerce sector.

Data-driven 137

Data-driven Marketing Strategy Big Data 137

IBM Big Data Hub

OCTOBER 26, 2023

A recent IDC report — The Business Value of IBM Maximo — that surveyed 9 companies with an average of 8,500 employees, found that after these companies adopted IBM Maximo, it resulted in: a business benefit of approximately USD 14.6 million in total equipment cost avoidances annually. and add-ons by September 2025.

Consulting 92

Consulting Data Processing Cost-Benefit Risk 92

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

JANUARY 22, 2024

McKinsey & Company estimates that the annual increase of costs related to cybercrime will reach $10.5 trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue.

Digital Transformation 124

Digital Transformation Risk Cost-Benefit Risk Management 124

Smart Data Collective

FEBRUARY 14, 2023

One of the benefits of machine learning is that it can help improve mesh networks, which can minimize the risk of Internet connectivity problems. With 22% of the American workforce expected to go remote by 2025, it’s criminal not to have reliable and consistent WiFi in every corner of the house by now.

Machine Learning 101

Machine Learning Internet Publishing and Broadcasting Broadcasting Cost-Benefit 101

CIO Business Intelligence

DECEMBER 6, 2023

An IDC report estimated the global IT developer shortage will reach four million by 2025, leaving businesses struggling to accelerate digital transformation without the needed workforce.

Digital Transformation 116

Digital Transformation Software Cost-Benefit Manufacturing 116

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

IBM Big Data Hub

OCTOBER 12, 2023

The tasks behind efficient, responsible AI lifecycle management The continuous application of AI and the ability to benefit from its ongoing use require the persistent management of a dynamic and intricate AI lifecycle—and doing so efficiently and responsibly. But the implementation of AI is only one piece of the puzzle.

Cost-Benefit 76

Cost-Benefit Metadata Data Governance Modeling 76

CIO Business Intelligence

MARCH 9, 2022

According to a study by Grand View Research, the global HPC market is expected to reach $60 billion by 2025.¹. The energy, oil, and gas sector uses these solutions for developing real-time wind and solar maps for energy optimization and improved photovoltaic efficiency. known as Direct Liquid Cooling (DLC).

Cost-Benefit 124

Cost-Benefit Manufacturing Consulting Optimization 124

IBM Big Data Hub

JUNE 5, 2024

The average lost business cost following a data breach was USD 1.3 million in 2023, according to IBM’s Cost of a Data Breach report. With the rapid emergence of real-time payments, any downtime in payments connectivity can be a significant threat.

Cost-Benefit 48

Cost-Benefit Strategy Enterprise Measurement 48

Smart Data Collective

MAY 17, 2021

A fleet must be outfitted with these technologies to benefit, whether natively or after the fact using add-on solutions. billion by the end of 2025 , up from $3.8 Growing requirement or not, there are many benefits of standardizing big data within fleet management operations. Organizations have already realized this.

Big Data 103

Big Data Cost-Benefit IoT Machine Learning 103

Smart Data Collective

JUNE 16, 2022

Until now, they were proactively involved to maximize IT efficiencies and accelerate cost savings in general. Having cost-effective and high-quality business analytics tools such as Atlassian, MS Visio, Business Process Modeller, Balsamiq, and similar BA tools is essential for org initiative improvement. bn by 2025. .

Business Analytics 126

Business Analytics Analytics Forecasting Business Analysis 126

Smart Data Collective

MARCH 30, 2022

Ecommerce companies are expected to spend over $24 billion on analytics in 2025. While there is no debating the huge benefits that analytics technology brings to the ecommerce sector , many experts are pondering what those actual benefits are. They can use data on online user engagement to optimize their business models.

Analytics 120

Analytics Cost-Benefit Testing Dashboards 120

CIO Business Intelligence

MARCH 14, 2022

Decisions are often made under some degree of uncertainty; 100% certainty is generally impossible, not necessary, and can be prohibitively expensive in terms of cost or time. So, it follows that there’s an optimal level of data where collecting further information won’t be worth the added cost. I call this point data saturation.

Uncertainty 105

Uncertainty Measurement Cost-Benefit Optimization 105

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

CIO Business Intelligence

APRIL 28, 2022

Multiple touch points of administration slow down production, and the costs of software licensing, disruptive upgrades, and over-provisioning can add up fast. Modern cloud services are designed to do a better job protecting data and apps in hybrid cloud environments, and to simplify operations and keep costs down. CAGR through 2025.

Cost-Benefit 104

Cost-Benefit Snapshot Data-driven Strategy 104

CIO Business Intelligence

JUNE 25, 2024

ICT is a key driver in Asia Pacific’s digital economy, with a strong CAGR of 13% from 2020 to 2025 , ahead of other regions. Asia Pacific operators must actively transform during this critical period to overcome challenges and seize the benefits of the digital age. At the forefront of the region’s digital economy development is China.

Digital Transformation 110

Digital Transformation Internet of Things IoT Cost-Benefit 110