David Menninger's Analyst Perspectives

NOVEMBER 7, 2024

The difference is in using advanced modeling and data management to make faster scenario planning possible, driven by actionable key performance measures that enable faster, well-informed decision cycles. A major practical benefit of using AI is putting predictive analytics within easy reach of any organization.

Forecasting 130

Forecasting Machine Learning Finance Predictive Analytics 130

DataRobot Blog

MAY 26, 2022

Last time , we discussed the steps that a modeler must pay attention to when building out ML models to be utilized within the financial institution. In summary, to ensure that they have built a robust model, modelers must make certain that they have designed the model in a way that is backed by research and industry-adopted practices.

Risk 52

Risk Modeling Metrics Business Objectives 52

Rocket-Powered Data Science

FEBRUARY 15, 2023

While generative AI has been around for several years , the arrival of ChatGPT (a conversational AI tool for all business occasions, built and trained from large language models) has been like a brilliant torch brought into a dark room, illuminating many previously unseen opportunities.

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

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

CIO Business Intelligence

NOVEMBER 7, 2024

This inaugural buyback program not only underscores the confidence we have in the durable and profitable growth of our business, but also reinforces our commitment to delivering long-term shareholder returns.” This is “the start of a continued wave of layoffs across industries due to advancements in AI.

IT 116

IT Cost-Benefit Business Objectives Reporting 116

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. CIOs should also weigh in on roles and responsibilities and oversee defining a governance model to avoid overloading individuals or ending up with responsibility gaps.

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

NOVEMBER 19, 2024

Know each function’s goals, challenges, and interests To ensure alignment and long-term success, IT leaders must understand the unique challenges each of their business colleagues face, and how to find the most effective balance across the organization, says Bill Bragg, CIO at AI SaaS firm SymphonyAI.

IT 115

IT Strategy Consulting Business Objectives 115

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 Strategy 124

CIO Business Intelligence

JULY 24, 2024

Clear success criteria: Ensure exploitation delivers incremental business value. Adobe’s transition from packaged software to the Creative Cloud service model is an example of a strategic move to exploit new market opportunities and scale for success with recurrent revenue and a broader user base. This phase maximizes long-term value.

Technology 98

Technology Experimentation Cost-Benefit ROI 98

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. List issues AI can address and the benefits to be gained. What metrics need to be improved?

Strategy 71

Strategy Business Objectives Cost-Benefit Consulting 71

Sisense

MAY 11, 2021

You can’t talk about data analytics without talking about data modeling. The reasons for this are simple: Before you can start analyzing data, huge datasets like data lakes must be modeled or transformed to be usable. Building the right data model is an important part of your data strategy. What is data modeling?

Modeling 84

Modeling Big Data IoT Data Warehouse 84

CIO Business Intelligence

FEBRUARY 7, 2024

Carter Busse, CIO of no-code enabled automation platform company Workato, adds that APIs are now important connective tissue to integrate and interact with large language models (LLMs) within business processes. “If Besides technical considerations, however, there are unique business implications to consider, adds Bizagi’s Vázquez. “We

Business Objectives 124

Business Objectives Cost-Benefit Strategy Data-driven 124

CIO Business Intelligence

MARCH 8, 2023

A hybrid approach is clearly established as the optimal operating model of choice. 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

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

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 Software 143

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

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

APRIL 4, 2024

“Everyone is running around trying to apply this technology that’s moving so fast, but without business outcomes, there’s no point to it,” says Redmond, CIO at power management systems manufacturer Eaton Corp. “We We need to continue to be mindful of business outcomes and apply use cases that make sense.”

Enterprise 134

Enterprise Cost-Benefit Forecasting Sales 134

CIO Business Intelligence

AUGUST 5, 2022

A hybrid approach is clearly established as the optimal operating model of choice. 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.

IT 98

IT Manufacturing Business Objectives Cost-Benefit 98

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

FineReport

JUNE 18, 2024

By outlining your business objectives, you set a clear path for the consultant to align their strategies with your vision. It’s vital to weigh the cost against the value delivered by their services. While budget constraints are common, focusing on long-term investment benefits can help justify the expenditure.

Consulting 52

Consulting Visualization Cost-Benefit Dashboards 52

CIO Business Intelligence

JUNE 28, 2023

Belcorp operates under a direct sales model in 14 countries. The second stage focused on building algorithms and models to predict and simulate intricate biological conditions, accelerate discoveries, reduce risks, and optimize the cost-benefit ratio of technological developments using AI solutions.

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

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 ROI Cost-Benefit Business Objectives 79

CIO Business Intelligence

OCTOBER 14, 2024

Taylor adds that functional CIOs tend to concentrate on business-as-usual facets of IT such as system and services reliability; cost reduction and improving efficiency; risk management/ensuring the security and reliability of IT systems; and ongoing support of existing technology and tracking daily metrics.

Digital Transformation 131

Digital Transformation Experimentation Cost-Benefit Risk 131

IBM Big Data Hub

DECEMBER 11, 2023

Just like any other IT solution, adopting a successful hybrid cloud strategy starts with examining how this cloud computing architecture can drive overall business objectives. As an initial step, business and IT leaders need to review the advantages and disadvantages of hybrid cloud adoption to reap its benefits.

Cost-Benefit 101

Cost-Benefit Data Processing Strategy Software 101

IBM Big Data Hub

MARCH 6, 2024

Businesses are increasingly embracing cloud infrastructure due to its scalability, flexibility and cost-effectiveness, among other benefits. Recent statistics indicate a significant rise in companies adopting cloud services to meet their operational and cost saving needs.

Optimization 73

Optimization Strategy Cost-Benefit Testing 73

Cloudera

JANUARY 5, 2023

In the past year, businesses who doubled down on digital transformation during the pandemic saw their efforts coming to fruition in the form of cost savings and more streamlined data management. Here are three key trends that will likely dominate the priorities of APAC’s business leaders in the coming year.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

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. These objectives should directly support the overarching business goals and provide a clear framework for the procurement strategy.

Strategy 65

Strategy Cost-Benefit Key Performance Indicator Consulting 65

Jen Stirrup

MAY 22, 2024

In this blog post about Microsoft Build 2024, I will focus on AI Search and RAG modelling. These reference architectures and implementation guides allow enterprises to deploy intelligent applications confidently, ensuring reliability, cost-efficiency, and compliance. What is Retrieval Augmented Generation - RAG?

Cost-Benefit 45

Cost-Benefit Risk Modeling Business Objectives 45

IBM Big Data Hub

DECEMBER 20, 2023

To capture the most value from hybrid cloud, business and IT leaders must develop a solid hybrid cloud strategy supporting their core business objectives. The hybrid multicloud model Today most enterprise businesses rely on a hybrid multicloud environment.

Strategy 93

Strategy Cost-Benefit Digital Transformation Optimization 93

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

IBM Big Data Hub

APRIL 3, 2024

The suite’s simplified licensing model also offers greater adaptability, which enables users to scale their usage according to requirements. Also, since the environment runs on the customer’s AWS account, it draws down against their existing AWS Enterprise Discount Plan, which may bring some cost benefits.

Data Processing 63

Data Processing Cost-Benefit Optimization Business Objectives 63

IBM Big Data Hub

OCTOBER 20, 2023

Artificial intelligence platforms enable individuals to create, evaluate, implement and update machine learning (ML) and deep learning models in a more scalable way. AI platforms assist with a multitude of tasks ranging from enforcing data governance to better workload distribution to the accelerated construction of machine learning models.

Machine Learning 71

Machine Learning Manufacturing Cost-Benefit Deep Learning 71

CIO Business Intelligence

JUNE 1, 2022

It opens not just cloud-native technologies such as containerization, which are empowering organizations to move to more agile delivery models critical in today’s highly competitive app-centric landscape, but also enables cutting-edge innovations from 5G to AI and IoT. The essential enablers to realizing your cloud aspirations.

Business Objectives 98

Business Objectives Digital Transformation Cost-Benefit IoT 98

Ontotext

JULY 12, 2024

It comes with significant cost advantages and includes software installation, support, and maintenance from one convenient source for the full bundle. There are various benefits that The High-Performance Tagging PowerPack offers. The linking of resources and business objects together is much more flexible.

Enterprise 59

Enterprise Cost-Benefit Metadata Data Integration 59

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