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. Flexible payment options: Businesses don’t have to go through the expense of purchasing software and hardware.

Software 314

Software Cost-Benefit Data-driven Data Processing 314

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]. Adopting a Managed Device Services model significantly reduces many of these end-of-life headaches and helps ensure compliance.

Management 110

Management IT Cost-Benefit Metrics 110

IBM Big Data Hub

MAY 17, 2024

Cloud maturity models are a useful tool for addressing these concerns, grounding organizational cloud strategy and proceeding confidently in cloud adoption with a plan. Cloud maturity models (or CMMs) are frameworks for evaluating an organization’s cloud adoption readiness on both a macro and individual service level.

Modeling 96

Modeling Cost-Benefit Optimization Digital Transformation 96

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

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

MARCH 19, 2025

Developers, data architects and data engineers can initiate change at the grassroots level from integrating sustainability metrics into data models to ensuring ESG data integrity and fostering collaboration with sustainability teams. However, embedding ESG into an enterprise data strategy doesnt have to start as a C-suite directive.

IT 59

IT Data Governance Data-driven Metrics 59

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

SEPTEMBER 20, 2023

We internally analyzed the improvements we had to provide and, together with the CIOs in all the countries where Mapfre operates, we defined a very solid strategy that aligns with the business objectives, and we’re implementing that now. This change in platform also entails a data governance model and operational changes.

Modeling 98

Modeling Insurance IT Cost-Benefit 98

CIO Business Intelligence

AUGUST 27, 2024

Furthermore, the growing importance of AI necessitates the modernization of AI models and data pipelines to prevent issues like model drift and bias. 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.

Cost-Benefit 110

Cost-Benefit Key Performance Indicator ROI Strategy 110

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

CIO Business Intelligence

APRIL 6, 2022

In all of these roles, I’ve come across patterns that enable organizations to build faster business insights and innovation with data. These patterns encompass a way to deliver value to the business with data; I refer to them collectively as the “data operating model.” Execution patterns in an operating model.

Cost-Benefit 135

Cost-Benefit Digital Transformation Data-driven Strategy 135

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

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

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

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

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

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

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

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

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

JULY 8, 2022

After transforming their organization’s operating model, realigning teams to products rather than to projects , CIOs we consult arrive at an inevitable question: “What next?” Splitting these responsibilities without a clear vision and careful plan, however, can spell disaster, reversing the progress begotten by a new operating model.

Cost-Benefit 122

Cost-Benefit Measurement Modeling Metrics 122

Cloudera

NOVEMBER 24, 2023

Customization to Business Needs: In-house development allows for the customization of AI models to align with specific business objectives and operational requirements. Companies must weigh these costs against the potential long-term benefits and consider their specific circumstances when deciding on their AI strategy.

Cost-Benefit 90

Cost-Benefit Business Objectives Risk Data-driven 90

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

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

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

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

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

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

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 Digital Transformation 98

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

CIO Business Intelligence

JANUARY 2, 2024

What benefit does AI serve to that department? Bring the whole organization on the AI journey CIOs also see the need to bring everyone along on that AI journey, something that takes a well-articulated narrative about the benefits AI can bring to those who are and will be impacted by the technology. Statistics can be very misleading.

IT 144

IT Cost-Benefit Statistics Consulting 144

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

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

CIO Business Intelligence

JUNE 23, 2023

According to the MIT Technology Review Insights Survey, an enterprise data strategy supports vital business objectives including expanding sales, improving operational efficiency, and reducing time to market. The problem is today, just 13% of organizations excel at delivering on their data strategy.

Data Strategy 116

Data Strategy Strategy Visualization Consulting 116

CIO Business Intelligence

DECEMBER 19, 2023

He notes that developing a services portfolio to leverage various cloud services can give IT a flexible operating model. “By By separating the decision-making process from infrastructure, and aligning workloads with suitable cloud models, IT can redirect its focus toward ongoing business enhancement,” he explains.

IT 139

IT Testing Metrics Optimization 139