CIO Business Intelligence

AUGUST 21, 2024

The previous state-of-the-art sensors cost tens of thousands of dollars, adds Mattmann, who’s now the chief data and AI officer at UCLA. Adding smarter AI also adds risk, of course. “At The big risk is you take the humans out of the loop when you let these into the wild.” They also had extreme measurement sensitivity.

Risk 136

Risk Insurance Cost-Benefit Software 136

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

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

CIO Business Intelligence

OCTOBER 16, 2024

As gen AI becomes embedded into more devices, endowing it with autonomous decision-making will depend on real-time data and avoiding excessive cloud costs. By processing data closer to the source, edge computing can enable quicker decisions and reduce costs by minimizing data transfers, making it an alluring environment for AI.

Cost-Benefit 143

Cost-Benefit Manufacturing Data-driven Optimization 143

CIO Business Intelligence

JANUARY 5, 2025

Research from Gartner, for example, shows that approximately 30% of generative AI (GenAI) will not make it past the proof-of-concept phase by the end of 2025, due to factors including poor data quality, inadequate risk controls, and escalating costs. [1] AI in action The benefits of this approach are clear to see.

Enterprise 124

Enterprise Cost-Benefit Unstructured Data Data Quality 124

CIO Business Intelligence

DECEMBER 19, 2024

Agentic AI, the more focused alternative to general-purpose generative AI, is gaining momentum in the enterprise, with Forrester having named it a top emerging technology for 2025 in June. It also has the benefit that as underlying AI costs drop over time service providers can extract more margin for this work.

Cost-Benefit 128

Cost-Benefit Modeling ROI Marketing 128

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

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

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

CIO Business Intelligence

DECEMBER 2, 2024

While CIOs understand the crushing weight of technical debt — now costing US companies $2.41 The more strategic concern isn’t just the cost— it’s that technical debt is affecting companies’ abilities to create new business, and saps the means to respond to shifting market conditions. You’re not alone.

ROI 136

ROI Cost-Benefit Metrics Strategy 136

CIO Business Intelligence

DECEMBER 19, 2024

The key areas we see are having an enterprise AI strategy, a unified governance model and managing the technology costs associated with genAI to present a compelling business case to the executive team. We expect some organizations will make the AI pivot in 2025 out of the experimentation phase.

Experimentation 97

Experimentation Cost-Benefit Enterprise Strategy 97

CIO Business Intelligence

AUGUST 25, 2022

According to industry analysts ( Gartner , Uptime Institute and 451 Research): By 2025, 80% of enterprises will close traditional data centers in search of a better solution to support their operations. This relieves customers of the capital expenditures and burden of running a data center on their own premises.

Risk 98

Risk Data Processing Cost-Benefit Digital Transformation 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. The attack landscape has evolved to target critical infrastructure.

Digital Transformation 124

Digital Transformation Risk Cost-Benefit Risk Management 124

CIO Business Intelligence

JANUARY 9, 2025

In 2024, squeezed by the rising cost of living, inflationary impact, and interest rates, they are now grappling with declining consumer spending and confidence. But 2025 and 2026 will bear good news, according to Deloitte. Perhaps most concerning is the increased compliance risk that stems from inconsistent product information.

B2B 105

B2B Cost-Benefit Data-driven Sales 105

CIO Business Intelligence

SEPTEMBER 12, 2024

The cost of compliance These challenges are already leading to higher costs and greater operational risk for enterprises. Clearly, compliance poses a significant operational risk that can only be overcome by robust systems and processes. zettabytes in 2020 to 181 zettabytes in 2025. billion in total fines.

Data-driven 106

Data-driven Management Cost-Benefit Risk 106

CIO Business Intelligence

SEPTEMBER 10, 2024

As a result, software supply chains and vendor risk management are becoming ever more vital (and frequent) conversations in the C-suite today, as companies seek to reduce their exposure to outages and the business continuity issues of key vendors their businesses depend on. “We CIOs who expect this protection out of the box are at risk.

Risk Management 130

Risk Management Risk Enterprise Insurance 130

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

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

The results can be used to uncover the source of bottlenecks, delays, unseen risks and unnecessary workloads that, in turn, allows organizations to institute improvements. The main shortcoming I found in the software is that it does not take costs into account in its optimizing routines, but I expect that will be added shortly.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

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

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

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 105

IoT Cost-Benefit Machine Learning Risk 105

CIO Business Intelligence

DECEMBER 11, 2023

“This regulation aims to ensure that fundamental rights, democracy, the rule of law and environmental sustainability are protected from high risk AI, while boosting innovation and making Europe a leader in the field,” said the press release issued by European Parliament.

Risk 127

Risk Insurance Testing Cost-Benefit 127

erwin

APRIL 2, 2021

In fact, the global datasphere is projected to reach 175 zettabytes by 2025, according to IDC. With more companies increasingly migrating their data to the cloud to ensure availability and scalability, the risks associated with data management and protection also are growing. Organizations are managing more data than ever.

Data Governance 106

Data Governance Cost-Benefit Risk Metadata 106

CIO Business Intelligence

NOVEMBER 4, 2024

IDC, for instance, recommends the NIST AI Risk Management Framework as a suitable standard to help CIOs develop AI governance in house, as well as EU AI ACT provisions, says Trinidad, who cites best practices for some aspects of AI governance in “ IDC PeerScape: Practices for Securing AI Models and Applications.”

Uncertainty 137

Uncertainty Cost-Benefit Risk Experimentation 137

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 136

Data-driven Marketing Strategy Big Data 136

IBM Big Data Hub

APRIL 18, 2023

Real-Time Payments, for example, have widely adopted ISO 20022 across many countries, and Wire Payments networks are also announcing their support plans, including Fedwire, Lynx and SWIFT, by the end of 2025. Are your payment systems ready to reap these benefits? Helping to reduce losses and improve overall financial performance.

Risk Management 110

Risk Management Cost-Benefit Risk Data-driven 110

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. Upgrading IT and data security to reduce corporate risk was the No. Yet there’s no singular, one-size-fits-all framework for secure data storage and management.

Strategy 98

Strategy Cost-Benefit Risk Management 98

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. Reduced risk and technical debt: All legacy releases are inherently risky due to a longer release cycle.

Cost-Benefit 88

Cost-Benefit Software Risk Marketing 88

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

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

MARCH 9, 2022

According to a study by Grand View Research, the global HPC market is expected to reach $60 billion by 2025.¹. Many businesses need to demonstrate improvements in environmental sustainability, but they need to accomplish this goal in a way that maximizes business benefits. . known as Direct Liquid Cooling (DLC).

Cost-Benefit 124

Cost-Benefit Manufacturing Consulting Optimization 124

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

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. Implement robust risk assessment and mitigation strategies encompassing automation initiatives. Consider adopting microservices architecture to make systems more flexible and easier to automate.

Data-driven 130

Data-driven Metrics Optimization Deep Learning 130

Smart Data Collective

JANUARY 22, 2021

It’s poised to become a major feature in the hospitality business by 2025 and one of the most important benefits of using big data. NFC benefits both customers and hotel owners for several reasons, including: Security. Guest room automation can bring multiple benefits to both hotel guests and hotel owners alike.

Big Data 107

Big Data Technology Machine Learning Cost-Benefit 107

CIO Business Intelligence

NOVEMBER 13, 2024

So for all its vaunted benefits to efficiency, gen AI doesn’t always reduce workloads. And we’re at risk of being burned out.” If there are tools that are vetted, safe, and don’t pose security risks, and I can play around with them at my discretion, and if it helps me do my job better — great,” Woolley says.

IT 141

IT Consulting ROI Cost-Benefit 141

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

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