CIO Business Intelligence

FEBRUARY 13, 2024

IT leaders are drowning in metrics, with many finding themselves up to their KPIs in a seemingly bottomless pool of measurement tools. There are several important metrics that can be used to achieve IT success, says Jonathan Nikols, senior vice president of global enterprise sales for the Americas at Verizon. Here they are.

Metrics 140

Metrics IT ROI Measurement 140

CIO Business Intelligence

SEPTEMBER 20, 2024

IT leaders face many challenging tasks, but few are more daunting than engaging with a direct report who has, in one way or another, become unreliable or neglectful. There are various reasons why a manager or executive may need to have a frank conversation with a direct report, says Orla Daly, CIO at training services provider Skillsoft.

Reporting 128

Reporting Business Objectives Consulting Manufacturing 128

datapine

MARCH 22, 2019

Indeed, perception and interaction are the two most pivotal pillars of any customer experience – and exceptional customer experience often leads to improved customer satisfaction, a true catalyst for success in the digital age of business. Read here how these metrics can drive your customers’ satisfaction up!

Metrics 134

Metrics Dashboards Measurement Interactive 134

datapine

FEBRUARY 9, 2024

An even more interesting fact: The blogs we read regularly are not only influenced by KPI management but also concerning content, style, and flow; they’re often molded by the suggestions of these goal-driven metrics. For example, customer satisfaction metrics are used to drive a better customer experience.

KPI 221

KPI Management Key Performance Indicator Measurement 221

CIO Business Intelligence

JANUARY 14, 2025

The 2024 Enterprise AI Readiness Radar report from Infosys , a digital services and consulting firm, found that only 2% of companies were fully prepared to implement AI at scale and that, despite the hype , AI is three to five years away from becoming a reality for most firms. What ROI will AI deliver?

Strategy 141

Strategy ROI Experimentation Risk 141

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

Rocket-Powered Data Science

JULY 21, 2023

When I reviewed highlights from last year’s Splunk.conf22 conference in my summary report at that time, I focused a lot on the Splunk Observability Cloud and its incredible suite of Observability and Monitoring products and services. This reflected my strong interest in observability at that time. Leaders are 7.9x

Machine Learning 190

Machine Learning Metrics Internet of Things Reporting 190

datapine

DECEMBER 11, 2019

SaaS is less robust and less secure than on-premises applications: Despite some SaaS-based teething problems or technical issues reported by the likes of Google, these occurrences are incredibly rare with software as a service applications – and there hasn’t been one major compromise of a SaaS operation documented to date.

Software 314

Software Cost-Benefit Data-driven Data Processing 314

Occam's Razor

JANUARY 12, 2015

At the core of everything you will do in digital analytics is the concept of metrics. How do you define a metric: It is simply a number. Your digital analytics tools are full of metrics. Helpful post: Best Metrics For Digital Marketing: Rock Your Own And Rent Strategies.]. Now you have your foundation, metrics and KPIs.

Analytics 151

Analytics Slice and Dice KPI Metrics 151

CIO Business Intelligence

MARCH 16, 2022

To that end, his technology organization is hyper-focused on measuring and reporting on its performance. Metrics are mandatory. “If Take time upfront to determine how progress [in the desired change] will be measured, monitored, and reported,” Marti says. Execution eats strategy for breakfast,” Kocherlakota says.

Management 143

Management Measurement Metrics Consulting 143

CIO Business Intelligence

SEPTEMBER 20, 2023

Agile has to work within the context of the organization, whether it’s the process of financial reporting, estimation, or forecasting,” said Phil Heijkoop, general manager of Aligned Agility. He recommends that leaders identify a metric that focuses on value to the customer. Agile teams aren’t done when they deploy the code.

Digital Transformation 135

Digital Transformation Uncertainty Metrics Business Objectives 135

BizAcuity

NOVEMBER 13, 2024

Beyond mere data collection, BI consulting helps businesses create a cohesive data strategy that aligns with organizational goals. This approach involves everything from identifying key metrics to implementing analytics systems and designing dashboards.

Consulting 52

Consulting Data-driven Cost-Benefit Business Intelligence 52

FineReport

JUNE 14, 2023

Key Performance Indicators (KPIs) serve as vital metrics that help measure progress towards business goals. To effectively monitor and analyze these metrics, businesses utilize KPI reports. These reports assist companies in achieving their business objectives by identifying strengths, weaknesses, and trends.

KPI 52

KPI Reporting Key Performance Indicator Sales 52

FineReport

OCTOBER 8, 2021

Group your metrics logically. TIPS 2: Metrics you can track on a strategic dashboard must be relevant to your target. Good metrics can direct the future of work. We might divide the most common uses and metrics of strategic dashboards due to a business unit they’re suitable for: Investment dashboard.

Dashboards 98

Dashboards KPI Metrics Insurance 98

Smarten

NOVEMBER 19, 2018

Can Predictive Analytics Help You Achieve Business Objectives? If an organization wishes to be successful in the market and in its competitive efforts, it must accurately forecast and predict the future of its business, plan for new locations and products or services, and optimize internal operations.

Business Objectives 40

Business Objectives Predictive Analytics Analytics Forecasting 40

CIO Business Intelligence

JUNE 21, 2024

A service-level agreement (SLA) defines the level of service expected by a customer from a supplier, laying out metrics by which that service is measured, and the remedies or penalties, if any, should service levels not be achieved. Ideally, SLAs should be aligned to the technology or business objectives of the engagement.

Metrics 96

Metrics Measurement Cost-Benefit Key Performance Indicator 96

CIO Business Intelligence

OCTOBER 2, 2023

Nearly three-quarters of midsize and large companies report having a PMO, according to the 2022 State of the Project Management Office report from PM Solutions, a project management services firm. PMOs will often be headed up by a director who is responsible for ensuring project alignment with business objectives.

Management 125

Management Scorecard Key Performance Indicator Risk 125

CIO Business Intelligence

JANUARY 7, 2025

The assessment provides insights into the current state of architecture and workloads and maps technology needs to the business objectives. The first three considerations are driven by business, and the last one by IT. (rehost/lift & shift, replatform, replace, refactor, rearchitect, retire, retain).

Optimization 98

Optimization Strategy Cost-Benefit Enterprise 98

Octopai

JULY 11, 2022

Tie data quality directly to business objectives. Even if the Head of Product didn’t heave daily sighs over the inefficiency of her department’s new product version iteration process, now she may find herself looking at progress reports and shaking her head regretfully. Better data quality?

Data Quality 98

Data Quality Strategy Business Objectives Sales 98

datapine

MARCH 31, 2022

For this purpose, you should be able to differentiate between various charts and report types as well as understand when and how to use them to benefit the BI process. Advanced vision and attention to detail: By its very nature, business intelligence is incredibly detail-oriented.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

CIO Business Intelligence

MARCH 14, 2022

Forty-eight percent of those polled also say that a distinctive culture can result in better business outcomes, while nearly 90% point to improved customer satisfaction. They will not be accountable if they do not understand the overall objectives, or if the goals are not clear, and this comes from the words and actions of team leaders.

IT 106

IT Business Objectives Metrics Reporting 106

CIO Business Intelligence

DECEMBER 19, 2023

Embrace metrics and iterate To achieve maximum efficiency, Cziomer also suggests focusing service efforts on DevOps Research and Assessment (DORA) metrics, such as “lead time for change” and “time to restore service.” The final report should show how the correction was made and delivered should a similar issue occur at a future date.

IT 139

IT Testing Metrics Optimization 139

Occam's Razor

FEBRUARY 20, 2012

I'm not an expert in the credit score reporting business. So I'll be just as blind as you might be walking into any business and going through this exercise. My favorite report is the Credit Report Card. OK, back to being the business owner. I don't know anyone at Credit Karma. Sign up today!

IT 139

IT Measurement Marketing Metrics 139

CIO Business Intelligence

OCTOBER 23, 2023

As a result, most IT functions have seen budget increases, support for more staff, and higher involvement in shaping enterprise strategy , according to multiple reports. Consider the findings of a report from professional services firm Accenture. The difference with product teams is their business orientation,” he explains. “A

IT 137

IT Consulting Scorecard Key Performance Indicator 137

CIO Business Intelligence

JUNE 11, 2024

Davis shares this sentiment with other CIOs seeking a seat at the executive table, a change in reporting structure, or, at the very least, recognition beyond IT’s fundamental run-the-business operations responsibilities. Bigger steps include defining digital KPIs markedly different from IT system uptime and ticket-based metrics.

IT 136

IT Digital Transformation Broadcasting Business Objectives 136

Smart Data Collective

JULY 22, 2019

A BI tool can collect, analyze, and convert data for you into easily comprehensible reports. Why Does Every Business Need BI Tools? Currently, every modern business operates in the condition of a hugely competitive environment and great pressure. A BI tool is a binding element that unites your business objectives and resources.

Business Intelligence 103

Business Intelligence Cost-Benefit Dashboards Visualization 103

Jet Global

NOVEMBER 22, 2021

According to Gartner , CPM is “an umbrella term that describes the methodologies, metrics, processes and systems used to monitor and manage the business performance of an enterprise.”. Companies use CPM to measure their performance against their stated objectives, goals, and strategies. What Is CPM and What Does It Do?

Software 98

Software Management Finance Dashboards 98

CIO Business Intelligence

JUNE 21, 2023

Integrating artificial intelligence into business has spawned enterprise-wide automation. One report estimates that 4,000 positions were eliminated by AI in May alone. Restructuring and automating are necessary parts of business survival. This is a time when businesses are required to do so much more with less.

Modeling 106

Modeling Cost-Benefit Business Objectives Digital Transformation 106

FineReport

DECEMBER 9, 2021

A business intelligence strategy is a framework that enables enterprises to use the right BI tools to analyze the correct data and then report to the right people to aid in making the right decisions. At the same time, enterprises can use the BI strategy to reach various business objectives gradually.

Strategy 98

Strategy Business Intelligence KPI Key Performance Indicator 98

AWS Big Data

AUGUST 1, 2024

This includes the ETL processes that capture source data, the functional refinement and creation of data products, the aggregation for business metrics, and the consumption from analytics, business intelligence (BI), and ML. Map out their specific dependencies on database objects, tables, views, and other components.

Data Warehouse 115

Data Warehouse KPI Optimization Cost-Benefit 115

Occam's Razor

JUNE 15, 2010

From: " Oh my God I did not know that metric had crashed for that segment!! Many of us toiling away in the field on the front line are just tasked with producing "numbers", or fulfilling certain contractual reports production expectation. Choose the metric you want to focus on. So what's the fix?

Analytics 105

Analytics Metrics Measurement Marketing 105

Cloudera

JUNE 8, 2021

Investing in upskilling and reskilling is a top priority for most business leaders, and if you find that your team lacks the skills to pull off an IIOT pilot project, jump on that trend and make training an integral part of the pilot project. An important aspect of the process is your metrics. 2 – The Process.

Manufacturing 86

Manufacturing Digital Transformation Metrics Measurement 86

CIO Business Intelligence

AUGUST 9, 2023

Once a vanguard business strategy, digital transformation has become a perennial objective for business survival. Experts stress the need to ensure that digital transformation initiatives are aligned with corporate objectives and the company’s strategic vision.

Digital Transformation 137

Digital Transformation Data-driven Strategy Consulting 137

CIO Business Intelligence

JUNE 5, 2023

However, the latest and largest UNGC-Accenture CEO study revealed that 91% of CEOs report insufficient technology solutions as a barrier to seizing opportunities in the net-zero transition, building resilience in their organization, and overcoming current volatility in the business landscape.

Measurement 106

Measurement Software Visualization Business Objectives 106

datapine

FEBRUARY 22, 2022

Find out what is working, as you don’t want to totally scrap an already essential report or process. KPIs are measurable values that show how effectively a company is achieving its business objectives. KPIs indicate areas businesses are on the right track and where improvements are needed. click to enlarge**.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Dashboards 218

Birst BI

OCTOBER 30, 2018

Descriptive analytics techniques are often used to summarize important business metrics such as account balance growth, average claim amount and year-over-year trade volumes. Identify the metric you want to influence through predictive analytics. What business metric determines the success of your organization?

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

CIO Business Intelligence

JULY 31, 2023

Borrow language from investor-day presentations and earnings reports. Clarify how they will obstruct your achieving the IT vision and any overarching business objectives. Hint: Be ready to explain any increase in this metric. Why change now? What market forces are creating a burning platform for change?

Strategy 98

Strategy IT Cost-Benefit Finance 98