CIO Business Intelligence

OCTOBER 24, 2024

As they look to operationalize lessons learned through experimentation, they will deliver short-term wins and successfully play the gen AI — and other emerging tech — long game,” Leaver said. Determining the optimal level of autonomy to balance risk and efficiency will challenge business leaders,” Le Clair said.

ROI 127

ROI Data-driven Enterprise Experimentation 127

CIO Business Intelligence

NOVEMBER 13, 2023

Failure to align technology capabilities with business goals can result in a wasted investment in technology that doesn’t support business objectives. Develop a clear strategy: A clear strategy that outlines goals and objectives, timelines, and resources required is essential for digital transformation success.

Digital Transformation 143

Digital Transformation Cost-Benefit Experimentation Measurement 143

CIO Business Intelligence

JULY 24, 2024

In this article, we’ll dive into each phase, offering actionable strategies to help you master the art of adaptive technology portfolio management. Key strategies for exploration: Experimentation: Conduct small-scale experiments. Use minimum viable products (MVPs) to validate concepts. This phase maximizes long-term value.

Technology 98

Technology Experimentation Cost-Benefit ROI 98

Cloudera

APRIL 9, 2019

A hybrid, multi-cloud strategy is the best approach to managing these distributed, heterogeneous data ecosystems. Three key reasons why a hybrid, multi-cloud strategy is important for your organization: Data gravity. Transforming Your Business with Multi-cloud and Hybrid Strategies. appeared first on Cloudera Blog.

Strategy 57

Strategy Experimentation Business Objectives Metadata 57

CIO Business Intelligence

OCTOBER 24, 2024

Rosen sees a lot of experimentation without a clear sense of direction, from companies that don’t have a clear idea of what AI projects will match their business needs. AI projects should align with genuine business objectives and focus on delivering measurable results that support long-term strategic goals.”

IT 138

IT Experimentation Measurement Risk 138

CIO Business Intelligence

OCTOBER 26, 2022

Generally lacking visibility beyond their enterprise, CIOs seldom focus on personal career strategies and opportunities. They need to become more creative in their delegation of responsibilities so that more time can be devoted to pushing experimentation,” Mains advises.

IT 141

IT Consulting Experimentation Business Objectives 141

CIO Business Intelligence

JANUARY 2, 2024

He plans to scale his company’s experimental generative AI initiatives “and evolve into an AI-native enterprise” in 2024. This vision represents a fundamental shift, positioning AI as an integral part of our business fabric rather than just an add-on. IT Leadership, IT Strategy

IT 144

IT Cost-Benefit Statistics Consulting 144

CIO Business Intelligence

JULY 7, 2023

Improving employee productivity and collaboration is a top business objective, according to the 2023 Foundry Digital Business Study. Adopting a strategy for single identity and access management not only assists with enforcing security policies organization-wide, but also optimizes the employee experience,” Krumova said.

Measurement 122

Measurement Risk Experimentation Enterprise 122

CIO Business Intelligence

APRIL 4, 2022

Two years after a global pandemic first shut down the world — and IT departments took a leading role in maintaining businesses’ survival — the IT function has been changed forever. The early days of the pandemic taught organizations like Avery Dennison the power of agility and experimentation.

Experimentation 133

Experimentation Interactive Business Objectives Manufacturing 133

CIO Business Intelligence

OCTOBER 14, 2024

“These CIOs might not prioritize aligning technology investments with customer needs, creating a common framework and language for discussing and prioritizing digital strategies, or developing a clear strategy for navigating the complexities of digital transformation,” Sebastian says.

Digital Transformation 131

Digital Transformation Experimentation Cost-Benefit Risk 131

CIO Business Intelligence

JULY 8, 2022

This article was co-authored by Duke Dyksterhouse , an Associate at Metis Strategy. When operations and innovation activities reside under the same umbrella, those metrics might be at odds, such as measures of reliability and stability versus those of experimentation. Disadvantages. Teams must be coordinated in their moves.

Cost-Benefit 122

Cost-Benefit Measurement Modeling Metrics 122

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. A successful cloud strategy requires a comprehensive assessment of cloud maturity. Level 3 – Scale: Cloud-native strategy is now the preferred approach.

Modeling 96

Modeling Cost-Benefit Optimization Digital Transformation 96

CIO Business Intelligence

JULY 3, 2023

They are increasingly included in board-level discussions on cybersecurity and tech investments for organizational initiatives and are influencing decisions related to planning, strategy, implementation, and operations. So, from strategy to execution, CIOs must be involved in all facets of the organization.

IT 115

IT Digital Transformation Strategy Technology 115

CIO Business Intelligence

JUNE 28, 2023

As Belcorp considered the difficulties it faced, the R&D division noted it could significantly expedite time-to-market and increase productivity in its product development process if it could shorten the timeframes of the experimental and testing phases in the R&D labs. Follow a value-focused strategy.

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

CIO Business Intelligence

JULY 17, 2023

Since we already have the cloud native data lake, we are generating actionable business insights using that data, and plan to leverage them with AI and other new-age tools to uplevel in business. We need to define our business objective before adopting those new tools, because AI is simply algorithm.

IT 98

IT Digital Transformation IoT Internet of Things 98

Occam's Razor

MAY 18, 2010

The top three things your business is working on are unique. The multi-channel strategy you are executing is unique. You have to have a segmentation strategy that is unique to you. So how do you go about identifying unique segments for your business or non-profit? Business cards handed out at trade shows.

Analytics 124

Analytics Key Performance Indicator Metrics Measurement 124

IBM Big Data Hub

OCTOBER 20, 2023

Apart from pricing, there are numerous other factors to consider when evaluating the best AI platforms for your business. Gaining an understanding of available AI tools and their capabilities can assist you in making informed decisions when selecting a platform that aligns with your business objectives.

Machine Learning 71

Machine Learning Manufacturing Cost-Benefit Deep Learning 71

CIO Business Intelligence

OCTOBER 21, 2024

Slow progress frustrates teams and discourages future experimentation.” As McCormack notes, there are multiple strategies to support innovation. We pair IT and business together so everyone gets credit and feels like it’s a collaborative effort,” he adds. Those, though, aren’t the only ways legacy tech can hurt innovation.

IT 137

IT Experimentation Cost-Benefit Consulting 137

Occam's Razor

MARCH 7, 2016

Why evolve the strategy now? Some recent events made me wonder what the best strategy for a business is. And then, as Google evolves its strategy from it's own point of view, one result was a tweak to it's algorithm. I'm creating a strategy to diversify both platforms and audience relationship quality.

Marketing Analytics 88

Marketing Analytics Marketing Analytics KPI 88