DataKitchen

FEBRUARY 1, 2021

These benefits are hugely important for data professionals, but if you made a pitch like this to a typical executive, you probably wouldn’t generate much enthusiasm. Your data consumers are focused on business objectives. They need to grow sales, pursue new business opportunities, or reduce costs.

Business Objectives 245

Business Objectives Cost-Benefit Measurement Metrics 245

CIO Business Intelligence

JANUARY 14, 2025

In todays digital economy, business objectives like becoming a leading global wealth management firm or being a premier destination for top talent demand more than just technical excellence. Enterprise architects must shift their focus to business enablement. The stakes have never been higher.

Enterprise 119

Enterprise Technology Metrics Measurement 119

CIO Business Intelligence

JANUARY 7, 2025

In todays fast-paced digital landscape, the cloud has emerged as a cornerstone of modern business infrastructure, offering unparalleled scalability, agility, and cost-efficiency. The assessment provides insights into the current state of architecture and workloads and maps technology needs to the business objectives.

Optimization 98

Optimization Strategy Cost-Benefit Enterprise 98

Rocket-Powered Data Science

FEBRUARY 15, 2023

First, don’t do something just because everyone else is doing it – there needs to be a valid business reason for your organization to be doing it, at the very least because you will need to explain it objectively to your stakeholders (employees, investors, clients). Conduct market research.

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

CIO Business Intelligence

MARCH 19, 2025

While energy savings and waste reduction efforts may provide tangible cost benefits, the long-term reputational and regulatory advantages of ESG alignment are harder to measure. Demonstrate business value : Frame sustainability initiatives as cost-saving measures that enhance operational efficiency.

IT 59

IT Data Governance Data-driven Metrics 59

datapine

JULY 17, 2019

Let’s start by considering what KPIs are and what they mean in a business context. KPI is a value measured to assess how effective a project or company is at achieving its business objectives. KPIs used: Customer Acquisition Costs. Acquisition Cost. What Is A KPI? click to enlarge**. Customer Lifetime Value.

KPI 223

KPI Reporting Key Performance Indicator Dashboards 223

datapine

FEBRUARY 22, 2022

1) What Is A Business Intelligence Strategy? 2) BI Strategy Benefits. 4) How To Create A Business Intelligence Strategy. Odds are you know your business needs business intelligence (BI). In response to this increasing need for data analytics, business intelligence software has flooded the market.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Dashboards 218

CIO Business Intelligence

MAY 24, 2024

This was one area addressed in the HP-sponsored IDC whitepaper on the benefits of integrating managed device services, published in April 2024 [1]. Register here to read the full HP-sponsored IDC whitepaper on the benefits of integrating managed device services. [1]

Management 110

Management IT Cost-Benefit Metrics 110

BizAcuity

NOVEMBER 13, 2024

Making decisions based on data, rather than intuition alone, brings benefits such as increased accuracy, reduced risks, and deeper customer insights. Challenges in Achieving Data-Driven Decision-Making While the benefits are clear, many organizations struggle to become fully data-driven.

Consulting 52

Consulting Data-driven Cost-Benefit Business Intelligence 52

datapine

DECEMBER 11, 2019

SaaS is a software distribution model that offers a lot of agility and cost-effectiveness for companies, which is why it’s such a reliable option for numerous business models and industries. This results in more flexibility and upselling opportunities, and lower customer acquisition costs. Hence, micro-SaaS.”.

Software 314

Software Cost-Benefit Data-driven Data Processing 314

datapine

FEBRUARY 9, 2024

All businesses have a limit on expenditure; as essential as the management of KPIs is to growth, an improper pursuit or inaccurate action can result in a heavy, flowing drain on revenue. Fortunately, there are universal guidelines that can help steer businesses in the right direction. What Are KPI Best Practices?

KPI 221

KPI Management Key Performance Indicator Measurement 221

datapine

JUNE 15, 2023

Keep reading to find a definition, benefits, examples, and some key best practices to generate them successfully! A performance report is an analytical tool that offers a visual overview of how a business is performing in a specific strategy, project, or department. Let’s dive deeper into the benefits below.

Reporting 207

Reporting Dashboards Cost-Benefit Sales 207

erwin

FEBRUARY 27, 2020

With effective change management, organizations usually realize faster implementations and lower costs. It facilitates an organization’s efforts in assessing the impact of change and making recommendations for target states that support business objectives.

Management 137

Management Enterprise Cost-Benefit Business Objectives 137

datapine

DECEMBER 17, 2019

To put the power of digital data reporting into perspective, we’ll explore the role of IT reporting, its numerous benefits, and a mix of real-life IT reports examples. Get our summary to learn the key elements and benefits of IT reporting! The Top Business-Boosting Benefits Of IT Reporting. IT reporting has many benefits.

Reporting 173

Reporting IT Key Performance Indicator Dashboards 173

CIO Business Intelligence

AUGUST 23, 2022

To address this requirement and ensure seamless connectivity, organizations are rapidly adopting consumption-driven NaaS models to balance the cost of their network growth with the digital experience of their stakeholders. Obtaining more insight into hidden costs (e.g., Obtaining more insight into hidden costs (e.g.,

Business Objectives 105

Business Objectives Cost-Benefit ROI Risk 105

Smart Data Collective

OCTOBER 15, 2020

As an additional benefit, live patching can keep Linux servers fully updated and maintain high-security standards, without spiking server downtime. As a business executive, avoid downtime at all costs, as this server inactivity can cost your company thousands of dollars per hour.

Big Data 125

Big Data Cost-Benefit Business Objectives Technology 125

CIO Business Intelligence

AUGUST 27, 2024

Define clear objectives and secure executive buy-in Articulate challenges and benefits: Communicate the challenges posed by legacy applications and the potential benefits of APMR. Involve key stakeholders: Engage stakeholders from business, finance, operations, and IT teams to ensure alignment and support.

Cost-Benefit 110

Cost-Benefit Key Performance Indicator ROI Strategy 110

CIO Business Intelligence

OCTOBER 15, 2024

Rick Boyce, CTO at AND Digital, underscores how a typical IT project mentality toward DevOps can undercut the CIO’s ability to deliver on business objectives. The top benefits of platform engineering for developers include increased productivity, better quality software, reduced lead time for deployment, and more stable applications.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

Smart Data Collective

SEPTEMBER 25, 2023

Last year, global businesses spent over $271 billion on big data. While there are many benefits of big data technology, the steep price tag can’t be ignored. We mentioned that data analytics offers a number of benefits with financial planning. The manager can track, manage, and optimize all your IT resources to cut costs.

Data-driven 124

Data-driven IT Cost-Benefit Big Data 124

CIO Business Intelligence

OCTOBER 9, 2022

Decisions on which and how apps are modernised should be aligned with business objectives, with a strategy to integrate systems into the wider enterprise IT estate, which is becoming increasingly hybrid. A successful app modernisation initiative ensures cost savings and improvement in efficiency and customer experience.

Cost-Benefit 119

Cost-Benefit Digital Transformation Strategy Enterprise 119

CIO Business Intelligence

DECEMBER 7, 2022

When businesses migrate to public cloud, they expect to enjoy greater agility, resiliency, scalability, security, and cost-efficiency. When a cloud strategy team has those chief objectives nailed down, they can plan supporting considerations – such as security, resiliency and scalability – around them more effectively.”

Cost-Benefit 98

Cost-Benefit Business Objectives Business Driver Data Processing 98

CIO Business Intelligence

FEBRUARY 7, 2024

API-first development yields a multitude of benefits, he adds, including abstraction of the underlying data, increased automation, better governance over data usage, and a more accessible audit trail. Organizations need to allocate resources for maintenance, updates, and support, impacting the cost-effectiveness of API management,” she says.

Business Objectives 124

Business Objectives Cost-Benefit Strategy Data-driven 124

CIO Business Intelligence

JULY 2, 2024

This approach to better information can benefit IT team KPIs in most areas, ranging from e-commerce store errors to security risks to connectivity outages,” he says. Easy access to constant improvement is another AI growth benefit. All of these benefits promise to give IT teams additional time to focus on more complex issues.

IT 143

IT Machine Learning Cost-Benefit Data-driven 143

CIO Business Intelligence

MARCH 16, 2022

A recent report found that 99% of organizations believe VSM provides key benefits, including accelerated delivery, improved transparency, reduced silos, and more.[1] For example, one team at a multinational automobile manufacturer has moved its projects into value streams and started to see a number of benefits. Conclusion.

Management 98

Management Cost-Benefit Insurance Business Objectives 98

CIO Business Intelligence

JULY 5, 2024

Here are five best practices to get the most business benefit from gen AI. A modern data strategy, after all, needs to address and empower the full IT stack by supporting enterprise objectives for intelligent automation, and a myriad of applications supporting transactions, analytics, and decision-making.

ROI 124

ROI Experimentation Risk Cost-Benefit 124

datapine

SEPTEMBER 6, 2022

To get you started on the topic, we’ve put together this guide including definitions, benefits, examples, and a list of best practices. Cost per lead (CPL). Moving on in the process, once you have an idea of your lead rate, you also need to think about the costs. Benefit from text analytics. Let’s get started!

Dashboards 179

Dashboards Reporting Metrics ROI 179

datapine

JANUARY 18, 2023

Businesses use this type of report to spot any issues and define their solutions, or to identify improvement opportunities to optimize their operational efficiency. Operational reports are commonly used in manufacturing, logistics, and retail as they help keep track of inventory, production, and costs, among others.

Reporting 201

Reporting Metrics Dashboards Visualization 201

CIO Business Intelligence

APRIL 6, 2022

They’re trying to leverage the benefits of the private, hybrid, or public cloud. Lower total cost of ownership, scalable unit economics, multi-region reliability, digital transformation, faster delivery of applications, and machine learning models—these are all business benefits of cloud-native adoption. .

Cost-Benefit 135

Cost-Benefit Digital Transformation Data-driven Strategy 135

CIO Business Intelligence

JULY 23, 2024

One approach is to define and seek agreement of non-negotiables with the board and executive committee, outlining criteria of when upgrading legacy systems must be prioritized above other business objectives. Many want all the benefits from analytics and machine learning but are slow to adopt proactive data governance.

Risk 142

Risk IT Risk Management Cost-Benefit 142

CIO Business Intelligence

FEBRUARY 1, 2023

As organizations of all stripes continue their migration to the cloud, they are coming face to face with sometimes perplexing cost issues, forcing them to think hard about how best to optimize workloads, what to migrate, and who exactly is responsible for what. Lacking a clear strategy determined by business objectives.

Optimization 111

Optimization Cost-Benefit Consulting Strategy 111

datapine

JULY 3, 2019

This savviest of social KPIs, which you can incorporate in a digestible Twitter dashboard , provides a clear-cut insight into how many impressions your ads receive while giving you the ability to calculate your CPM (cost-per-mille). 15) Cost per click (CPC). 14) Return on investment (ROI). The higher your ROI percentage, the better.

Metrics 219

Metrics KPI Strategy ROI 219

CIO Business Intelligence

MARCH 8, 2023

The shift toward hybrid IT has clear upsides, enabling organizations to choose the right solution for each task and workload, depending on criteria such as performance, security, compliance, and cost, among other factors.

Manufacturing 102

Manufacturing Business Objectives Cost-Benefit Uncertainty 102

Smart Data Collective

AUGUST 14, 2022

How Does DLP Help Your Business? Data loss protection comprises three significant business objectives – personal information protection, intellectual property protection, and comprehensive data usage reports. While this may sound overwhelming, businesses benefit immensely from DLP specialists on-site.

Risk 139

Risk Cost-Benefit Reporting Software 139

CIO Business Intelligence

NOVEMBER 13, 2023

Reimagination of business processes sits at the core of digital transformation, and so, by definition, digital transformation challenges the status quo, throwing we-have-always-done-it-this-way sentiment out of the window. This may require hiring outside experts and/or investing in training and development for existing staff.

Digital Transformation 143

Digital Transformation Cost-Benefit Experimentation Measurement 143

CIO Business Intelligence

SEPTEMBER 20, 2023

Equally important, the documented vision is a tool for agile teams to make implementation decisions when there are multiple ways to solve problems, each with different benefits and tradeoffs. Business leaders get scared and say, ‘Tell me the plan so I can sleep at night,’” said Ronica Roth, co-founder and principal of The Welcome Elephant.

Digital Transformation 135

Digital Transformation Uncertainty Metrics Business Objectives 135

CIO Business Intelligence

JUNE 21, 2023

A common but critical challenge I hear from CIOs, CTOs, and CDOs every day is that they have a difficult time helping the C-suite understand that IT is the very architecture for the future of business, not a cost center. How do you convince decision-makers to collaborate on linking IT strategy with business strategy?

Modeling 105

Modeling Cost-Benefit Business Objectives Digital Transformation 105

CIO Business Intelligence

OCTOBER 23, 2023

Jain says that starts by understanding the definition of “customer,” which Jain defines as “anybody who benefits from your services and products.” Create innovation teams IT departments have moved beyond their old shared services model and are now working closely with business lines. “IT needs to go beyond that.

IT 137

IT Consulting Scorecard Key Performance Indicator 137