CIO Business Intelligence

NOVEMBER 19, 2024

Two-thirds of CEOs surveyed by the IBM Institute for Business Value acknowledge raiding long-term IT projects to achieve short-term goals. This year, many CIOs have focused on getting AI prototypes up and running without fully considering the long-term operating costs , he says. That’s not where you want to be.”

Cost-Benefit 119

Cost-Benefit Risk Business Objectives Data-driven 119

CIO Business Intelligence

JULY 25, 2024

To succeed, you need to understand the fundamentals of security, data storage, hardware, software, networking, and IT management frameworks — and how they all work together to deliver business value. IT managers are often responsible for not just overseeing an organization’s IT infrastructure but its IT teams as well.

IT 131

IT Management Risk Risk Management 131

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. This means you need to work out an IT budget with your financial plans.

Data-driven 111

Data-driven IT Cost-Benefit Big Data 111

CIO Business Intelligence

JANUARY 2, 2024

Build better business alignment Multiple CIOs plan to strengthen their ties to other functional areas in ’24, building on the work they’ve done in recent years to create even more synergy. To ensure results, some CIOs say they’re creating teams that can easily pivot as business needs change. We’re piloting, PoC-ing.

IT 144

IT Cost-Benefit Statistics Consulting 144

CIO Business Intelligence

OCTOBER 23, 2023

Laggards must follow the pace of leaders with defined roles and responsibilities that align with business needs and transformation goals,” says Ram Palaniappan, chief technology officer at IT services company TEKsystems. Yet many IT departments are struggling to reshape themselves to better meet the mandates of today.

IT 137

IT Consulting Scorecard Key Performance Indicator 137

CIO Business Intelligence

OCTOBER 10, 2024

With more and more businesses moving to the Cloud, FinOps is becoming a vital framework for efficiently controlling Cloud expenses. Given that SaaS accounts for a sizable amount of Cloud expenses for businesses of all kinds, including small and medium-sized firms, this addition is essential.

Cost-Benefit 115

Cost-Benefit Business Objectives Finance Enterprise 115

CIO Business Intelligence

NOVEMBER 19, 2024

If expectations around the cost and speed of deployment are unrealistically high, milestones are missed, and doubt over potential benefits soon takes root. The right tools and technologies can keep a project on track, avoiding any gap between expected and realized benefits. But this scenario is avoidable.

Analytics 52

Analytics Cost-Benefit Finance Data-driven 52

CIO Business Intelligence

SEPTEMBER 13, 2023

It is nearly impossible to separate the business strategy from the organization’s technology strategy. Given this, it is critical that the CIO drive technology innovation in order to drive the overall business strategy,” says Marcus Murph, head of CIO Advisory at professional services firm KPMG.

IT 136

IT Digital Transformation Risk Cost-Benefit 136

CIO Business Intelligence

MAY 13, 2024

Lawrence Bilker can easily articulate the business values that his IT initiatives should deliver: better experiences for both employees and customers, more insights from data to enable smarter decision-making, and more intelligence for improved operations. I believe we’re in a post-alignment world.

IT 131

IT Digital Transformation ROI Strategy 131

CIO Business Intelligence

JULY 31, 2023

Clarify how they will obstruct your achieving the IT vision and any overarching business objectives. What IT strategic objectives will move us toward the vision? Think of strategic objectives as buckets of related projects that, collectively, will build new capabilities or alleviate problem areas. What’s your goal?

Strategy 98

Strategy IT Cost-Benefit Finance 98

CIO Business Intelligence

DECEMBER 19, 2023

That’s unfortunate given how much of smooth business operations depends on the efficient delivery of IT services today. Provide an IT service that focuses on user experience,” advises Edgar Padua, business value architect at digital workplace provider Nexthink. The following nine tips will help get your there.

IT 139

IT Testing Metrics Optimization 139

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. Let’s get started.

Reporting 173

Reporting IT Key Performance Indicator Dashboards 173

CIO Business Intelligence

AUGUST 5, 2022

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. HPE GreenLake provides that standard operating model from edge to core and all the way through to the public cloud.”.

IT 98

IT Manufacturing Business Objectives Cost-Benefit 98

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 109

Cost-Benefit Key Performance Indicator ROI Strategy 109

CIO Business Intelligence

JULY 24, 2023

To deliver on that growth objective, Herlihy has been focused on enabling digital sales channels and maximizing the use of the data derived from them. 4 on the list of priorities cited by CIOs, after business process improvements, digital transformation, and modernization. Much of that work started in response to the pandemic.

IT 98

IT Sales Business Objectives Marketing 98

CIO Business Intelligence

OCTOBER 15, 2024

Taking an IT project mentality over a cultural transformation one DevOps requires culture alignment between dev and ops to improve customer experiences, drive business agility, and improve operational resiliency. It may surprise you, but DevOps has been around for nearly two decades.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

CIO Business Intelligence

SEPTEMBER 20, 2023

In 2021, the company was defining its new strategic cycle, and as the business area was setting these new objectives, I did the same in the technology domain to accompany the business. So the first pillar is to digitize end-to-end business processes. And in what state is the execution of this strategic plan?

Modeling 98

Modeling Insurance IT Cost-Benefit 98

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

BizAcuity

NOVEMBER 13, 2024

BI consulting services play a central role in this shift, equipping businesses with the frameworks and tools to extract true value from their data. Making decisions based on data, rather than intuition alone, brings benefits such as increased accuracy, reduced risks, and deeper customer insights.

Consulting 52

Consulting Data-driven Cost-Benefit Business Intelligence 52

IBM Big Data Hub

APRIL 10, 2024

Three in four executives reported disparate systems in their organizations and that a lack of skills, resources and common operational practices challenge business objectives. But it’s clear that CIOs who prioritize modernization capture greater returns from business transformation. Executives know they must modernize.

Cost-Benefit 88

Cost-Benefit Software Risk Marketing 88

David Menninger's Analyst Perspectives

NOVEMBER 7, 2024

A side benefit of AI-enabled business applications is the increasing availability of useful, timely and consistent data for forecasting, planning, analysis and reporting. Moreover, because of the sole focus on money, budgets have limited value in managing business operations. And it must be C ompany-wide, not siloed.

Forecasting 130

Forecasting Machine Learning Finance Software 130

CIO Business Intelligence

JULY 5, 2024

So many vendors, applications, and use cases, and so little time, and it permeates everything from business strategy and processes, to products and services. Here are five best practices to get the most business benefit from gen AI. Define which strategic themes relate to your business model, processes, products, and services.

ROI 124

ROI Experimentation Risk Cost-Benefit 124

CIO Business Intelligence

JULY 24, 2024

Cross-functional collaboration: Engage diverse stakeholders and foster external partnerships to align with business goals and stay at the forefront of technological advancements. Maintain alignment among IT, business units, and end users to drive meaningful improvements. Regularly evaluate performance to prioritize enhancements.

Technology 98

Technology Experimentation Cost-Benefit ROI 98

IBM Big Data Hub

DECEMBER 14, 2023

There has been a lot of recent discussion around the business value of environmental, social and governance (ESG) reporting, and the degree to which it relates to financial performance and other measures of business value. There’s the double benefit of cost-efficiency and sustainability.

Cost-Benefit 66

Cost-Benefit Advertising ROI Business Objectives 66

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

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.,

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

datapine

FEBRUARY 9, 2024

Now, apply this methodology to how businesses engage with their clients, and this is what is KPI management all about. 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. What happens next?

KPI 221

KPI Management Key Performance Indicator Measurement 221

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

OCTOBER 14, 2024

Focused on digitization and innovation and closely aligned with lines of business, some 40% of IT leaders surveyed in CIO.com’s State of the CIO Study 2024 characterize themselves as transformational, while a quarter (23%) consider themselves functional: still optimizing, modernizing, and securing existing technology infrastructure.

Digital Transformation 131

Digital Transformation Experimentation Cost-Benefit Risk 131

IBM Big Data Hub

MARCH 14, 2024

Many organizations have adopted cloud in isolated areas, seeking immediate benefits, but inconsistently applying the technology throughout their operations. This complexity and inconsistency increase costs and hinder businesses from meeting demands, goals and outcomes. What does a Hybrid by design approach involve?

ROI 68

ROI Business Objectives Cost-Benefit Enterprise 68

Rocket-Powered Data Science

FEBRUARY 15, 2023

Source: [link] Every business wants to get on board with ChatGPT, to implement it, operationalize it, and capitalize on it. I suggest that the simplest business strategy starts with answering three basic questions: What? It is important to realize that the usual “hype cycle” rules prevail in such cases as this.

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

IBM Big Data Hub

DECEMBER 20, 2023

Without an AI strategy, organizations risk missing out on the benefits AI can offer. An AI strategy helps organizations address the complex challenges associated with AI implementation and define its objectives. This alignment is essential for extracting meaningful value from AI and maximizing its impact. What is an AI strategy?

Strategy 71

Strategy Business Objectives Cost-Benefit Consulting 71

datapine

JUNE 15, 2023

That said, just like many other business processes, reporting has mutated to meet the fast-paced environment organizations face today. Insights, businesses need to stay competitive and skyrocket their success. Keep reading to find a definition, benefits, examples, and some key best practices to generate them successfully!

Reporting 207

Reporting Dashboards Cost-Benefit Sales 207

IBM Big Data Hub

FEBRUARY 5, 2024

Cloud computing continues to grow in popularity, and its scalability, functionality, cost-effectiveness and other potential benefits have helped transform traditional business models and update legacy systems, creating opportunities for various organizations. a migration will be.

Management 66

Management Cost-Benefit Strategy Risk 66

CIO Business Intelligence

OCTOBER 9, 2022

To keep up with customers’ evolving expectations and competition in the marketplace, modernisation of legacy apps, from user facing to mission-critical systems, empowers businesses to stay ahead of the competition. 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

IBM Big Data Hub

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. When implemented with clear objectives, the procurement strategy will provide a roadmap for procurement managers to follow.

Strategy 65

Strategy Cost-Benefit Key Performance Indicator Consulting 65

Cloudera

OCTOBER 30, 2023

The legacy IT infrastructure to run the business operations — mainly data centers — has a deadline to shift to cloud-based services. 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.

Analytics 79

Analytics ROI Cost-Benefit Business Objectives 79