CIO Business Intelligence

NOVEMBER 19, 2024

The analyst firm Forrester named AI agents as one of its top 10 emerging technologies this year and that it will deliver benefits in the next two to five years. Sam Altman, OpenAI CEO, forecasts that agentic AI will be in our daily lives by 2025. Let’s review a case study and see how we can start to realize benefits now.

Testing 135

Testing Cost-Benefit Interactive ROI 135

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. Measuring the benefits A strong resilience strategy brings a handful of benefits, one of which is improved productivity , says Rajavel.

Risk 105

Risk Risk Management Cost-Benefit Measurement 105

CIO Business Intelligence

NOVEMBER 13, 2024

So for all its vaunted benefits to efficiency, gen AI doesn’t always reduce workloads. At least 30% of gen AI projects will be abandoned by the end of 2025, the research firm predicts, due to unclear business value — as well as poor data quality, inadequate risk controls, and escalating costs.

IT 141

IT Consulting ROI Cost-Benefit 141

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

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. This lack of clear ROI can make it challenging for CDOs to justify sustainability investments to key decision-makers.

IT 59

IT Data Governance Data-driven Metrics 59

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

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

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 145

Data-driven Marketing Strategy Big Data 145

Smart Data Collective

FEBRUARY 22, 2022

They are finding new ways to leverage data analytics and AI technology to maximize their ROI. 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.

Data-driven 141

Data-driven Metrics Big Data Sales 141

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 135

Business Analytics Analytics Forecasting Business Analysis 135

Smart Data Collective

OCTOBER 5, 2021

billion by 2025. One of the most important benefits of analytics in marketing is with PPC marketing. More companies are using analytics to expand the reach of their PPC campaigns and improve their ROI. This is one of the most important benefits of analytics in later stages of PPC campaigns.

Analytics 133

Analytics Marketing ROI Testing 133

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

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

Smart Data Collective

NOVEMBER 3, 2021

More companies are discovering the benefits of using AI technology to streamline the website design process. There are a lot of benefits of using AI to design a website, but you don’t want to make any of the more common mistakes. There are a lot of benefits of using AI technology to create more effective websites.

Cost-Benefit 137

Cost-Benefit Optimization Visualization Data-driven 137

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

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

Smart Data Collective

NOVEMBER 24, 2020

billion by 2025. In this article, you’ll discover: upcoming trends in business intelligence what benefits will BI provide for businesses in 2020 and on? Future of Business Intelligence: Benefits Provided. Increase in ROI. With BI solutions identifying areas for cost savings is easier.

Business Intelligence 134

Business Intelligence Visualization Dashboards Prescriptive Analytics 134

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. Those that have a solid strategy predicated on it will have a higher ROI.

Analytics 128

Analytics Cost-Benefit Testing Dashboards 128

CIO Business Intelligence

JUNE 13, 2022

According to IDC , worldwide spending on AI will likely top $204 billion by 2025. Juniper Research forecasts that in 2023 the global operational cost savings from chatbots in banking will reach $7.3 And that not only benefits customers, but it can also increase morale among the employees.

Deep Learning 105

Deep Learning Data Processing Insurance Cost-Benefit 105

Smart Data Collective

DECEMBER 23, 2019

billion by 2025. As new AI breakthroughs come to light, the online marketing industry will continue to benefit. But how can you use AI to improve the ROI of your online marketing strategy? It is a cost-effective way to promote your business, and it enables you to spread the word on a global basis.

Marketing 73

Marketing Cost-Benefit Advertising ROI 73

Cloudera

JANUARY 17, 2021

By 2025, Industry 4.0 I too have enjoyed the benefits digital transformation experiences have brought, but unlike on-line shopping or streaming video services, I seek my entertainment usually outdoors – on the water, whether it be frozen or liquid. The Digital Experience Benefits. Facilities Cost Optimization – .

Digital Transformation 65

Digital Transformation Cost-Benefit Manufacturing Sales 65

Andrew White

JANUARY 11, 2021

With a success behind you, sell that experience as the kind of benefit you can help improve. See Roadmap for Data Literacy and Data-Driven Business Transformation: A Gartner Trend Insight Report and also The Future of Data and Analytics: Reengineering the Decision, 2025. What is your vision for D&A for small and medium enterprises?

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

JANUARY 14, 2025

Welcome to 2025! 2025 is forecast to be as impactful as any of the last few years, with continuing advancements in financial and business reporting technology promising to help organizations enhance their operational efficiency and effectiveness. Weve survived a lot in the last 25 years.

Finance 52

Finance Reporting Cost-Benefit Software 52

CIO Business Intelligence

JANUARY 13, 2025

As 2025 dawns, CIOs face an IT landscape that differs significantly from just a year ago. Most of all, the following 10 priorities should be at the top of your 2025 to-do list. Finding value-added agentic AI use cases should be a top priority for CIOs in 2025, Bailey says.

Experimentation 140

Experimentation Strategy ROI Digital Transformation 140

CIO Business Intelligence

FEBRUARY 25, 2025

Early returns on 2025 hiring for IT leaders suggest a robust market. Were seeing record growth in our search firm almost immediately in 2025, says Kelly Doyle, managing director at Heller Search Associates, an executive recruiting firm in Westborough, Mass., CIOs need to be the business and technology translator.

Uncertainty 126

Uncertainty Cost-Benefit Data-driven Marketing 126

CIO Business Intelligence

FEBRUARY 18, 2025

The question that remains is, can this be done with the funding available in 2025? Cost is a core concern; IT budgets are expected to increase by around 10%, but inflation will likely leave CIOs withat bestthe same spending power as in previous years. That amounted to 10% infrastructure cost savings.

ROI 80

ROI Technology Cost-Benefit Data Collection 80

CIO Business Intelligence

OCTOBER 23, 2024

But it did talk about cost implications, and implied that CIOs would be better off using the vendor’s systems, even with the Big Blue markup. There is a cost arbitrage and a quality play that can be built into a well-structured managed services deal,” Schadler said. “As It creates stickiness if nothing else.

Consulting 122

Consulting Strategy Cost-Benefit Modeling 122

CIO Business Intelligence

APRIL 7, 2025

As per a McKinsey survey, organisations reported cost decreases in human resources, and commonly reported meaningful revenue increases (of more than 5 percent) in supply chain and inventory management. Prioritize scalable cloud infrastructure to support AI workloads while optimizing costs. Myth: AI Delivers Immediate ROI.

ROI 66

ROI Cost-Benefit Risk Enterprise 66

CIO Business Intelligence

MARCH 11, 2025

Business consulting firm Deloitte predicts that in 2025, 25% of companies that use generative AI will launch agentic AI pilots or proofs of concept, growing to 50% in 2027.The When processes span multiple teams or departments and require significant coordination, they can benefit from AIs ability to act as an orchestrator, Srivastava says.

Consulting 127

Consulting Cost-Benefit Interactive ROI 127

Timo Elliott

FEBRUARY 7, 2025

While EA leaders have long been positioned as key enablers of digital transformation, the rapidly shifting business landscape of 2025 presents new pressures. According to Gartners 2025 Leadership Vision for Enterprise Architecture , several key missteps are preventing EA from delivering the business impact it should.

Enterprise 52

Enterprise IT Digital Transformation Cost-Benefit 52

CIO Business Intelligence

JANUARY 28, 2025

Back in 2020, SAP announced it would extend the end of mainstream ECC6.0support from 2025 to 2027.At ECC without any enhancement packages or with EHPs 1 through 5 still have an end of mainstream support deadline of December 31, 2025 [1]. Estimate the benefits that you could be getting with our maintenance savings calculator.

Cost-Benefit 52

Cost-Benefit ROI Data-driven Reporting 52

CIO Business Intelligence

JANUARY 16, 2025

Marsh McLennan CIO Paul Beswick says enterprise CIOs and perhaps more importantly, CEOs should not get distracted or alarmed by vendors competing announcements about milestones and instead focus on getting first-generation AI projects deployed , evaluate the results and ROI , and carefully plan next steps.

Cost-Benefit 124

Cost-Benefit Enterprise Technology ROI 124