CIO Business Intelligence

SEPTEMBER 25, 2023

Digital transformation has become an essential part of business success. According to TEKsystems’ 2023 State of Digital Transformation , 41% of organizations’ digital transformation (DX) initiatives have failed to achieve their desired outcomes. That’s not digital transformation.

Digital Transformation 145

Digital Transformation Measurement Data-driven Metrics 145

CIO Business Intelligence

JANUARY 14, 2025

So the organization as a whole has to have a clear way of measuring ROI, creating KPIs and OKRs or whatever framework theyre using. What ROI will AI deliver? As a key strategic partner to the business, CIOs must consider the return that investment will create in terms of business value.

Strategy 141

Strategy ROI Experimentation Risk 141

CIO Business Intelligence

FEBRUARY 21, 2023

If you think you’re keeping up, think again: One recent study from research firm Gartner found that the majority of CEOs (59%) say digital initiatives take too long and 52% take too long to realize value. The pressure is on to accelerate digital transformation, according to CIOs, researchers, and analysts.

Digital Transformation 145

Digital Transformation Marketing Technology Business Driver 145

Smarten

MARCH 6, 2022

To do that, the business must build a foundation of business processes, policies, technology and software that will support goals and objectives and make it easier, more timely and more efficient to perform tasks and complete activities. So, how does one improve ROI and TCO for business intelligence and augmented analytics?

Business Intelligence 76

Business Intelligence ROI Analytics Digital Transformation 76

CIO Business Intelligence

NOVEMBER 9, 2022

As CIO, Sarah Betadam, who joined in 2019 as VP of business applications, and then became global CIO in January 2021, is charged with the strategic direction, leadership, and implementation of the company’s digital transformation, juggling several initiatives simultaneously. On agile: It’s about owning the different mindsets.

Digital Transformation 103

Digital Transformation ROI Data Processing Finance 103

CIO Business Intelligence

OCTOBER 23, 2024

Every enterprise must assess the return on investment (ROI) before launching any new initiative, including AI projects,” Abhishek Gupta, CIO of India’s leading satellite broadcaster DishTV said. AI costs spiral beyond control The second, and perhaps most pressing, issue is the rising cost of AI implementation.

Enterprise 141

Enterprise Cost-Benefit Broadcasting Risk 141

CIO Business Intelligence

AUGUST 30, 2023

Corporate projects are classically evaluated on standard matrices such as return on investment (ROI), break-even period, and capital invested. But as organizations look to quickly leverage the power of emerging digital technologies for business growth, such an approach is falling short on expectations.

Digital Transformation 105

Digital Transformation Experimentation ROI Risk 105

Sisense

NOVEMBER 26, 2019

Your business and your software have to evolve to keep up. Increase revenue, differentiate your business. Digital transformation is a term that’s been thrown around since the 90s, but what does it mean? Analytics and business intelligence (BI) are no longer the province of a handful of specialized experts.

Digital Transformation 93

Digital Transformation Data-driven ROI Software 93

CIO Business Intelligence

AUGUST 7, 2023

It’s this drive to help customers grow and succeed that led Wipro to launch a dedicated business unit focused on streamlining VMware implementations and accelerating deployments of applications to quickly deliver clients’ ROI. Digital Transformation

Digital Transformation 98

Digital Transformation ROI Enterprise Manufacturing 98

CIO Business Intelligence

SEPTEMBER 5, 2024

Yet it’s rare for any business leader not to say they wish they had a better ROI from their cloud spend. Here are some contributing factors: The impact of “Shadow IT,” a trend that grew steadily during the last decade as business groups implemented SaaS solutions with little IT involvement. So why the disconnect?

ROI 126

ROI IT Risk Strategy 126

CIO Business Intelligence

AUGUST 1, 2023

Digital transformation must be a core organizational competency. The impact of generative AIs, including ChatGPT and other large language models (LLMs), will be a significant transformation driver heading into 2024. Improving customer support is a quick win for delivering short-term ROI from LLMs and AI search capabilities.

Digital Transformation 98

Digital Transformation Unstructured Data Strategy Data Science 98

CIO Business Intelligence

OCTOBER 30, 2023

In today’s digitally transforming world, time is of the essence. Whether you’re looking to deliver a new product release, fix an issue, or enhance a service, the longer you make customers wait, the worse for your business. In the process, they can break down the silos that stifle digital transformation.

Management 144

Management Digital Transformation Cost-Benefit ROI 144

CIO Business Intelligence

DECEMBER 18, 2024

But today, were working toward becoming a platform business, and recently re-entered the public eye under the NYSE: INGM ticker symbol. Many digital transformations focus on platforms to support the business, but thats different from running a platform business.

Digital Transformation 116

Digital Transformation Metrics Measurement ROI 116

CIO Business Intelligence

DECEMBER 18, 2024

With the increasing sophistication of cyber threats and the accelerated pace of digital transformation, organizations must be more proactive in identifying and mitigating risks. Its a business imperative, says Juan Perez, CIO of Salesforce. Its a business imperative, says Juan Perez, CIO of Salesforce.

Risk 105

Risk Risk Management Cost-Benefit Measurement 105

CIO Business Intelligence

DECEMBER 10, 2024

Proving the ROI of AI can be elusive , but rushing to achieve it can prove costly. CIOs should adopt digital transformation techniques that ease adoption , such as setting realistic expectations, rolling capabilities out incrementally, and educating teams implementing AI on developing active listening skills.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

CIO Business Intelligence

APRIL 30, 2025

Salesforces Agentforce plays a key role in SharkNinjas digital transformation, too, with agentic AI being evaluated across user browsing, product selection, recipe discovery, and customer support. These areas were chosen for their clear ROI potential. For some users, the net gains from AI agents could be life-altering.

IT 139

IT Sales Cost-Benefit Data-driven 139

CIO Business Intelligence

AUGUST 6, 2024

Talk about digital transformation.” Tie tech debt to other projects An IT modernization and digital transformation angle for replacing old software and hardware can be a compelling argument, says Tim Beerman, CTO at IT services firm Ensono. One way to frame the need to address tech debt is to tie it to IT modernization.

IT 141

IT Digital Transformation ROI Consulting 141

CIO Business Intelligence

NOVEMBER 25, 2024

By focusing on these elements, businesses can unlock the true potential of AI to drive innovation and growth. Don’t miss Session 3 of our webinar series, AI ROI: Maximizing Future Investments , where IBM’s Jake Makler and Quantum Metric’s David Friend will share practical strategies for assessing and optimizing AI tools.

Data Quality 99

Data Quality Interactive ROI Modeling 99

CIO Business Intelligence

JULY 5, 2024

This is why many enterprises are seeing a lot of energy and excitement around use cases, yet are still struggling to realize ROI. So, to maximize the ROI of gen AI efforts and investments, it’s important to move from ad-hoc experimentation to a more purposeful strategy and systematic approach to implementation.

ROI 124

ROI Experimentation Risk Cost-Benefit 124

CIO Business Intelligence

MARCH 10, 2023

Digital transformation has brought significant adoption of new technology and business models, including cloud solutions, e-commerce platforms, smart devices, and a significantly more distributed workforce. In the age of the Great Resignation, retention has become a significant issue.

Digital Transformation 143

Digital Transformation Cost-Benefit ROI Risk 143

CIO Business Intelligence

JANUARY 23, 2024

Regardless of where organizations are in their digital transformation, CIOs must provide their board of directors, executive committees, and employees definitions of successful outcomes and measurable key performance indicators (KPIs). As a result, outcome-based metrics should be your guide.

Measurement 141

Measurement Digital Transformation KPI Metrics 141

CIO Business Intelligence

JULY 29, 2024

Getting disparate facets of a global business on the same page — and the same processes — can be a force multiplier. That has been the objective of The Mosaic Company’s global digital transformation, which aims to yield at least three times its investment of $300 million.

Digital Transformation 118

Digital Transformation IT Data Lake Sales 118

datapine

DECEMBER 11, 2019

It’s also popular amongst businesses for its simplicity and user accessibility, security, and the widespread connectivity that serves to streamline business models, resulting in maximum efficiency across the board. Artificial Intelligence (AI) technologies are becoming more widespread; it’s becoming a game-changer worth $15.7

Software 314

Software Cost-Benefit Data-driven Data Processing 314

CIO Business Intelligence

MAY 30, 2024

That said, though CIOs have a clear vision of what their organizations will gain from AI, it’s clear that they are worried about their ability to demonstrate ROI. Just over 6 in 10 say that demonstrating ROI from any technology is very or extremely challenging. Today’s CIOs are working in a tornado of innovation.

ROI 111

ROI Digital Transformation Cost-Benefit Measurement 111

CIO Business Intelligence

DECEMBER 1, 2022

“Me coming in from the outside and proposing so much change — the associates and midlevel management are the ones that must be empowered and that is the most difficult aspect of any kind of transformation.” One HR employee took some courses in data analytics and found a new job within the company helping to advance digital transformation. “I

Digital Transformation 144

Digital Transformation IoT Data-driven KPI 144

Smarten

JUNE 22, 2022

Technology research and consulting firm, Gartner, predicts that, ‘By 2023, data literacy will become an explicit and necessary driver of business value, demonstrated by its formal inclusion in over 80% of data and analytics strategies and change management programs.’. Here are a few for your to consider: Improve overall organizational value.

Slice and Dice 76

Slice and Dice Digital Transformation Business Intelligence Predictive Modeling 76

CIO Business Intelligence

SEPTEMBER 11, 2023

This “positions us to adapt effectively to the shifting business landscape, making the most of digital transformation and remote work arrangements.” These exercises repeatedly reinforce the connection between the CFO’s team and value creation to signal the role IT plays in the overall business strategy, he adds.

Digital Transformation 135

Digital Transformation ROI Strategy Data Science 135

Smarten

JANUARY 5, 2023

By embedding BI, you can improve the user adoption rate, lower TCO and improve ROI. Integration APIs provide intuitive, self-serve BI tools from within enterprise applications and public websites so you can put the power of facts, data, and business insight in the hands of business users.’. Deep dive analytics capability.

ROI 52

ROI Business Intelligence Cost-Benefit Software 52

CIO Business Intelligence

MARCH 6, 2024

While time is of the essence for companies in this transformation process, cybersecurity must not be an afterthought. An explosion of OT assets As digital transformation has built momentum, manufacturers have rapidly increased the number of OT assets connected to their internal networks. To learn more, visit us here.

Manufacturing 126

Manufacturing Cost-Benefit ROI IoT 126

CIO Business Intelligence

MAY 10, 2023

My team and I are very proud of our transformation that started in 2019,” she says. It took us about six months to do the proof of concept for three different business units, but it was highly successful. In fact, the ROI was so high, we gained the trust of our executives to invest in a platform to begin centralizing data.”

Data-driven 120

Data-driven IT Digital Transformation Data Governance 120

CIO Business Intelligence

AUGUST 16, 2022

For example, a real estate project of 100,000 square feet could net $1 million in add-on revenues over five years from digital twin-related services, and nearly 80% of an asset’s lifetime value is realized in operations. Digital twin use cases and ROI. Digital Transformation, Infrastructure Management

Visualization 145

Visualization Cost-Benefit IoT Digital Transformation 145

CIO Business Intelligence

MAY 1, 2024

Ingesan, a subsidiary of the OHLA Infrastructure Group, the Madrid-based construction and concession management multinational, has launched the Empath-IA project, a joint initiative between HR management and the digital transformation division that aims to address the increasingly competitive demands and complexities in HRM.

Digital Transformation 105

Digital Transformation ROI Metrics Measurement 105

erwin

OCTOBER 8, 2020

And you can’t risk false starts or delayed ROI that reduces the confidence of the business and taint this transformational initiative. More and more companies are looking at cloud migration. No less daunting, your next step is to re-point or even re-platform your data movement processes.

Data Governance 145

Data Governance Metadata Testing Data Lake 145

CIO Business Intelligence

MAY 17, 2023

The world has witnessed the undeniable power of digital transformation to unlock tremendous potential and propel businesses forward in today’s fast-paced digital era. At the very heart of Red Hat’s DNA is the belief that true transformation is achieved by engaging in a hands-on journey with our clients.

Digital Transformation 52

Digital Transformation Technology ROI Marketing 52

CIO Business Intelligence

MAY 9, 2022

Enterprise transformation demands technology to work and people to adopt it. The “people” component of enterprise transformation can make or break digital transformation. While strong ROI is compelling, so is the fact that people issues are one of the top enterprise risks. What should companies do now?

Technology 97

Technology ROI Metrics Digital Transformation 97

CIO Business Intelligence

AUGUST 9, 2024

At Atlanta’s Hartsfield-Jackson International Airport, an IT pilot has led to a wholesale data journey destined to transform operations at the world’s busiest airport, fueled by machine learning and generative AI. This allows us to excel in this space, and we can see some real-time ROI into those analytic solutions.”

Data Transformation 126

Data Transformation Machine Learning Data Lake Dashboards 126

CIO Business Intelligence

MAY 9, 2023

Like most CIOs you’ve no doubt leaned on ROI, TCO and KPIs to measure the business value of your IT investments. Those Three Big Acronyms are still important for fine-tuning your IT operations, but success today is increasingly measured in business outcomes. Maybe you’ve even surpassed expectations in each of these yardsticks.

ROI 126

ROI Cost-Benefit KPI Uncertainty 126