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

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

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

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

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

David Menninger's Analyst Perspectives

NOVEMBER 7, 2024

Even though the AI hype cycle appears to be fading, it’s still clear that the unglamorous field of artificial intelligence applied to enterprise software will be the most consequential technology change in business computing since the 1990s. This can save budget owners time and shorten planning cycles.

Forecasting 130

Forecasting Machine Learning Finance Predictive Analytics 130

IBM Big Data Hub

JUNE 23, 2023

While you may have learned about generative artificial intelligence (AI), you may not know what it means for the future of Finance and Accounting (F&A). For F&A leaders, this means that it may have the ability to transform financial data, such as business performance reports, commentary and narratives. Pilot the technology.

Finance 58

Finance Reporting Cost-Benefit Modeling 58

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

CIO Business Intelligence

JULY 31, 2023

Clarify how they will obstruct your achieving the IT vision and any overarching business objectives. How much will it cost? If you’re like most CIOs, you have technical debt, talent shortages, a supply-and-demand imbalance of IT resources, and many IT capabilities immature enough to compromise your vision. And what will we gain?

Strategy 98

Strategy IT Cost-Benefit Finance 98

CIO Business Intelligence

JULY 24, 2024

Key strategies for evolution: Maintain flexible architecture: Maintain the modularity and scalability of solutions to enable cost-effective capability expansions as requirements evolve. Cost-benefit analysis: Evaluate the total cost of ownership (TCO) in maintaining outdated technologies versus the benefits of retiring them.

Technology 98

Technology Experimentation Cost-Benefit Digital Transformation 98

CIO Business Intelligence

MARCH 13, 2023

While banking and finance organizations have aggressively moved workloads and apps to the cloud to meet changing customer needs, some remain hesitant to tackle modernization of core infrastructure and systems, fearing a disruption to the business. You know you can’t get things wrong,” says Drouet.

Finance 52

Finance Data-driven Data Lake Cost-Benefit 52

Cloudera

OCTOBER 30, 2023

Agility, innovation, and time-to-value are the key differentiators cloud service providers (CSP) claim to help organizations speed up digital transformation projects and business objectives. The main challenges are pointed out as a lack of resources/expertise, security, and from a different perspective, cloud cost management.

Analytics 79

Analytics Cost-Benefit ROI Business Objectives 79

Jet Global

JULY 29, 2020

Users who transferred from premier to extended support did not have the benefit of being certified with most new third-party products/versions (such as web browsers and Windows 10), or more new Oracle products. It’s also important to consider your business objectives, both inside and outside finance.

Reporting 98

Reporting Cost-Benefit Consulting Finance 98

CIO Business Intelligence

APRIL 19, 2022

But the real value bonanza comes from maturing a platform that gives business flexibility, operational adaptability, strategic options and resilience at a relatively low cost. Automation is more than just about speed and cost. But if your business objective is purely task automation, RPA can do the job.

Digital Transformation 111

Digital Transformation Insurance Business Objectives ROI 111

CIO Business Intelligence

APRIL 4, 2024

To keep up, Redmond formed a steering committee to identify opportunities based on business objectives, and whittled a long list of prospective projects down to about a dozen that range from inventory and supply chain management to sales forecasting. “We We don’t want to just go off to the next shiny object,” she says.

Enterprise 134

Enterprise Cost-Benefit Forecasting Sales 134

Smart Data Collective

JULY 22, 2019

Let’s now review how business intelligence tools can change this situation and what benefits they can bring to businesses. Automating your data processing routine can offer your business a lot of benefits. Save Costs and Time. A BI tool is a binding element that unites your business objectives and resources.

Business Intelligence 103

Business Intelligence Cost-Benefit Dashboards Visualization 103

datapine

MARCH 31, 2022

To understand this concept in a practical context, check out this video featuring an explanation from analyst Sonya Fournier: Now that we’ve explored BI in a real-world professional context, let’s look at the benefits of embarking on this occupation. It’s Flexible.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

CIO Business Intelligence

AUGUST 31, 2023

I view digital transformation as the integration of digital technologies to accelerate business objectives. The use of digital technologies has and will continue to change how a business operates and how it delivers value to customers and team members. Technology is the business. Life is more than your job.

Digital Transformation 98

Digital Transformation Business Objectives Strategy Enterprise 98

CIO Business Intelligence

JULY 25, 2024

The certification covers business frameworks, IT frameworks, software, database management, information systems, corporate IT strategy, corporate governance, risk, finance, and management of technology personnel. It’s best suited for CIOs, IT executives, current or future IT managers, project managers, and business analysts.

IT 131

IT Management Risk Risk Management 131

CDW Research Hub

JUNE 11, 2020

This method is commonly used to migrate large-scale legacy applications in order to meet specific business objectives, such as an accelerated product launch timeline. The cloud data center benefits. Cost savings and global reach. Quicker time to deploy and update applications. The results.

Optimization 52

Optimization Cost-Benefit Business Objectives Strategy 52

FineReport

APRIL 11, 2023

A BI dashboard is becoming an essential strategic mechanism for businesses. In this article, we will explore what BI Dashboard is, its key features, benefits and limitations, and best practices and examples. Note: The Business Intelligence Dashboard (BI Dashboard) examples shown in this article are developed by FineReport.

Dashboards 40

Dashboards Business Intelligence Metrics Cost-Benefit 40

Alation

MAY 12, 2022

But to deploy sound governance practices requires a thorough understanding of data governance in manufacturing, how its value can be realized, and how it can be used to enhance security, increase operational efficiency, reduce costs, identify risks, and so much more. What are the benefits of data governance in manufacturing?

Manufacturing 52

Manufacturing Data Governance Cost-Benefit IoT 52

bridgei2i

MAY 19, 2021

They touch upon the role of GICs in driving the digital transformation agenda, the high visibility it brings to all functional areas of an organization, and the part it plays in bridging the gap between growth inefficiencies and cost management. This industry initially was, of course, everybody came to India and played a cost arbitrage game.

Enterprise 75

Enterprise Digital Transformation Marketing Cost-Benefit 75

Jet Global

AUGUST 25, 2021

It helps company leaders to aggressively streamline inflated budgets and to bring costs under control while minimizing any negative impact on operations. In effect, ZBB forces companies to prioritize and take a more intentional approach to managing their costs, focusing on the areas that generate the highest value for the business.

Recreation/Entertainment 98

Recreation/Entertainment Business Driver Sales Software 98

Jet Global

JANUARY 31, 2022

Given the relative scarcity of finance talent these days and the power of technology to help organize and streamline these processes, it makes more sense than ever to take a fresh look at the way you perform planning, budgeting, and forecasting. Driver-Based Budgeting and Planning: A Guide for Finance Teams. Access Resource.

Forecasting 52

Forecasting Recreation/Entertainment Finance Cost-Benefit 52

Jet Global

NOVEMBER 8, 2021

This article explores some basic definitions of DBB with examples and then zeros in on some of the key benefits of DBB. Identifying Key Business Drivers. The DBB process begins with identifying the variables that have the greatest impact on overall business performance. Benefit #1. Benefit #2.

Business Driver 52

Business Driver Recreation/Entertainment Sales Cost-Benefit 52

CIO Business Intelligence

OCTOBER 10, 2024

Despite SaaS’s widespread use, its distinct pricing and consumption methods make cost management difficult. SaaS billing, in contrast to conventional on-premises software licenses, frequently entails intricate, consumption-based pricing, which makes cost control more challenging.

Cost-Benefit 115

Cost-Benefit Business Objectives Finance Enterprise 115

CIO Business Intelligence

OCTOBER 29, 2024

Start by identifying the problem or trend, then drive toward creating a solid business case and building consensus and support, Hafez advises. Identify the benefits and ensure that you keep business value at the forefront.” Ganoorkar also recommends setting priorities based on business impact, cost, complexity, and risk.

IT 139

IT Cost-Benefit Strategy Risk 139

CIO Business Intelligence

FEBRUARY 4, 2025

Many organizations have turned to FinOps practices to regain control over these escalating costs. Why FinOps is failing FinOps a framework formed by combining Finance and DevOps was introduced in the early 2010s as cloud adoption surged, addressing financial accountability and cost optimization in the cloud.

Cost-Benefit 104

Cost-Benefit Finance Metrics Optimization 104

DataKitchen

NOVEMBER 27, 2024

Benefits and Challenges of The Data Quality Dimension Approach Data quality dimensions are often heralded as foundational principles for evaluating and improving data quality. By tying data quality improvements directly to business outcomes, these dashboards make the case for prioritizing data quality as a strategic initiative.

Data Quality 216

Data Quality Dashboards Metrics Cost-Benefit 216

Timo Elliott

FEBRUARY 7, 2025

Facilitating a business-driven approach to modernization ensuring that technology investments align with business objectives rather than just IT priorities. Yet, many EA teams lack the financial modeling skills necessary to justify their recommendations in terms of business value.

Enterprise 52

Enterprise IT Digital Transformation Cost-Benefit 52

Jet Global

MARCH 28, 2025

Just as blood is critical to the human body, cash is critical to every business organisation. Finance is the heart, and cash is the blood. Have you considered this question in your role as a finance professional or business manager? Before that, let us look at what FP&A means for business organisations.

Forecasting 52

Forecasting Finance Metrics Reporting 52