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

AUGUST 20, 2024

We’re now entering a new gen AI era, which is already impacting how we staff teams, their business objectives, and the tools they use to deliver innovations. This shift in focus requires teams to understand business strategy, market trends, customer needs, and value propositions.

IT 141

IT Digital Transformation Experimentation Risk 141

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

CIO Business Intelligence

JUNE 11, 2024

What that means differs by company, and here are a few questions to consider on what the brand and mission should address depending on business objectives: Is IT taking on more front-office responsibilities, including building products and customer experiences or partnering with sales and marketing on their operations and data needs?

IT 136

IT Digital Transformation Broadcasting Business Objectives 136

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 Digital Transformation 98

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

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 54

Strategy Experimentation Business Objectives Metadata 54

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

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 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

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 Deep Learning Cost-Benefit 71

O'Reilly on Data

JULY 28, 2020

Without clarity in metrics, it’s impossible to do meaningful experimentation. Experiments allow AI PMs not only to test assumptions about the relevance and functionality of AI Products, but also to understand the effect (if any) of AI products on the business. Don’t expect agreement to come simply.

Marketing 364

Marketing Experimentation Metrics Testing 364

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

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

MARCH 26, 2025

For Shajy Thomas, Regional Head of Tech APAC at Technicolor, technology actively contributes to shaping long-term business outcomes. I am a key member of the council responsible for formulating the companys business strategy and setting goals, followed by developing 1-year, 3-year, and 5-year plans.

Business Objectives 103

Business Objectives Digital Transformation Finance Data-driven 103

CIO Business Intelligence

JANUARY 8, 2025

Whether it was executing the Apollo mission or building the Burj Khalifa the common thread that runs through it is the role leaders play in supporting the team, encouraging experimentation and risk-taking and promoting idea meritocracy and inclusion.

Experimentation 111

Experimentation Digital Transformation Cost-Benefit ROI 111

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

FEBRUARY 27, 2025

Product management is crucial for businesses looking to drive innovation and leverage technology as a differentiator, shared Roman Dumiak, executive-in-residence at the DePaul University Innovation Development Lab, at a recent Coffee With Digital Trailblazers event I hosted on the topic.

IT 126

IT Digital Transformation Metrics Data-driven 126

Timo Elliott

FEBRUARY 7, 2025

Facilitating a business-driven approach to modernization ensuring that technology investments align with business objectives rather than just IT priorities. Cost-benefit and trade-off analysis evaluating alternative technology strategies based on business impact.

Enterprise 52

Enterprise IT Digital Transformation Cost-Benefit 52

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