CIO Business Intelligence

NOVEMBER 21, 2024

In our fast-changing digital world, it’s essential to sync IT strategies with business objectives for lasting success. Technology has shifted from a back-office function to a core enabler of business growth, innovation, and competitive advantage. Understanding the competitive landscape is also essential.

Strategy 122

Strategy IT Business Objectives Cost-Benefit 122

CIO Business Intelligence

OCTOBER 29, 2024

That’s great, because a strong IT environment is necessary to take advantage of the latest innovations and business opportunities. Leaders who adopt a crawl-walk-run approach, with thoughtful risk-taking and a strategic focus on actions and results, maximize the business value from IT modernization.”

IT 139

IT Cost-Benefit Strategy Risk 139

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 119

Data-driven IT Cost-Benefit Big Data 119

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

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

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

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

DataKitchen

NOVEMBER 27, 2024

Read more about how your data quality dashboard can be organized by data quality dimension, Critical Data Element (CDE), business goal, data source, and data customer, or it can be based on ticketed workflows. 1. Data Quality Dimension-Focused Dashboards The first type of data quality dashboard emphasizes data quality dimensions.

Data Quality 219

Data Quality Dashboards Metrics Cost-Benefit 219

CIO Business Intelligence

NOVEMBER 19, 2024

Most IT and business executives recognize the necessity of close alignment. What really matters is determining how to fit every function together to achieve unified goals — chiefly IT and its business counterparts, given the importance technology has organizationwide. Here are 11 effective ways to reach that goal.

IT 142

IT Strategy Consulting Business Objectives 142

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

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

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

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. Scalability: Cloud-based SaaS enables businesses to expand with ease due to its inherent scalability. Migration to PaaS. Micro-SaaS.

Software 314

Software Cost-Benefit Data-driven Data Processing 314

datapine

JULY 17, 2019

Essentially, it means that we are living in a world rich with data, and for businesses looking to streamline their processes, monitor various areas of performance, and understand their customer base on a deeper, more personal level, collecting, analyzing, and leveraging this wealth of insights is critical for success. What does this mean?

KPI 223

KPI Reporting Key Performance Indicator Dashboards 223

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 133

Cost-Benefit Risk Business Objectives Data-driven 133

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

DECEMBER 10, 2024

Still, CIOs have reason to drive AI capabilities and employee adoption, as only 16% of companies are reinvention ready with fully modernized data foundations and end-to-end platform integration to support automation across most business processes, according to Accenture. Below are five examples of where to start.

Sales 142

Sales Metrics Data-driven Measurement 142

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

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 3, 2024

What companies need to do in order to cope with future challenges is adapt quickly: slim down and become more agile, be more innovative, become more cost-effective, yet be secure in IT terms. All kinds of things can be automated The question is, how should businesses go about modernising their own applications effectively?

Cost-Benefit 122

Cost-Benefit Consulting Business Objectives Data Architecture 122

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

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

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

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

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

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

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 Strategy 124

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 97

Analytics Cost-Benefit Finance Data-driven 97

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

datapine

JANUARY 18, 2023

A report is a document that presents relevant business information in an organized and understandable format. Each report is aimed at a specific audience and business purpose and it summarizes the performance of different activities based on goals and objectives. Let’s look at it with an analytical report example.

Reporting 201

Reporting Metrics Dashboards Visualization 201

datapine

SEPTEMBER 6, 2022

As a content manager, you most likely spend most of your time writing quality blogs, email newsletters, and social media posts, all in an effort to ensure the business is growing and achieving its goals. To get you started on the topic, we’ve put together this guide including definitions, benefits, examples, and a list of best practices.

Dashboards 179

Dashboards Reporting ROI Metrics 179

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

datapine

JULY 3, 2019

Like most digital marketing mediums, there are a number of KPI examples you can associate with these platforms – and if tracked, measured, and analyzed to their maximum capacity, social KPIs will help your business expand its commercial reach while increasing engagement, boosting revenue, and significantly improving your ROI.

Metrics 219

Metrics KPI Strategy ROI 219

O'Reilly on Data

JULY 28, 2020

It sounds simplistic to state that AI product managers should develop and ship products that improve metrics the business cares about. The worst case scenario is when a business doesn’t have any metrics. In this case, the business probably got caught up in the hype about AI, but hasn’t done any of the preparation.

Marketing 363

Marketing Experimentation Metrics Testing 363

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. However, this has changed this past April.

Cost-Benefit 104

Cost-Benefit Big Data Business Objectives Technology 104

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 13, 2023

IT leaders must work with business leadership to help establish a clear understanding of digital transformation goals and a practical roadmap for achieving them. IT leaders must work with business leadership to help establish a clear understanding of digital transformation goals and a practical roadmap for achieving them.

Digital Transformation 143

Digital Transformation Cost-Benefit Experimentation Measurement 143