CIO Business Intelligence

OCTOBER 24, 2024

Jayesh Chaurasia, analyst, and Sudha Maheshwari, VP and research director, wrote in a blog post that businesses were drawn to AI implementations via the allure of quick wins and immediate ROI, but that led many to overlook the need for a comprehensive, long-term business strategy and effective data management practices.

ROI 127

ROI Data-driven Enterprise Experimentation 127

CIO Business Intelligence

DECEMBER 10, 2024

CIOs have been able to ride the AI hype cycle to bolster investment in their gen AI strategies, but the AI honeymoon may soon be over, as Gartner recently placed gen AI at the peak of inflated expectations , with the trough of disillusionment not far behind. That doesnt mean investments will dry up overnight.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

Rocket-Powered Data Science

JULY 6, 2021

MLOps takes the modeling, algorithms, and data wrangling out of the experimental “one off” phase and moves the best models into deployment and sustained operational phase. MLOps “done right” addresses sustainable model operations, explainability, trust, versioning, reproducibility, training updates, and governance (i.e.,

Machine Learning 279

Machine Learning Data-driven Deep Learning IoT 279

CIO Business Intelligence

NOVEMBER 19, 2024

Clearing business strategy hurdles Choosing the right technologies to meet an organization’s unique AI goals is usually not straightforward. Business objectives must be articulated and matched with appropriate tools, methodologies, and processes.

Analytics 97

Analytics Cost-Benefit Finance Data-driven 97

CIO Business Intelligence

AUGUST 20, 2024

Early on, I observed that business strategy was rarely driving digital transformation, resulting in very little transformation occurring. Cloud and digital technologies were used to modernize business as usual rather than focus on transformative outcomes. Instead, a vast majority of companies were investing in digitization.

Digital Transformation 144

Digital Transformation Modeling ROI Strategy 144

CIO Business Intelligence

JANUARY 21, 2025

Well also examine strategies CIOs can use to address these challenges, ensuring their organizations can recognize the rewards of GenAI without compromising financial stability. Excessive infrastructure costs: About 21% of IT executives point to the high cost of training models or running GenAI apps as a major concern.

Cost-Benefit 98

Cost-Benefit ROI Measurement Strategy 98

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

NOVEMBER 2, 2023

Rapid advancements in artificial intelligence (AI), particularly generative AI are putting more pressure on analytics and IT leaders to get their houses in order when it comes to data strategy and data management. If you go out and ask a chief data officer, a head of IT, ‘Is your data strategy aligned?’, I need to know my forecast.

Data Strategy 137

Data Strategy Strategy Sales Data Governance 137

erwin

JULY 8, 2020

With the help of business process modeling (BPM) organizations can visualize processes and all the associated information identifying the areas ripe for innovation, improvement or reorganization. There’s a clear connection between business process modeling and digital transformation initiatives.

Slice and Dice 136

Slice and Dice Modeling Digital Transformation Visualization 136

AWS Big Data

OCTOBER 21, 2024

As a producer, you can also monetize your data through the subscription model using AWS Data Exchange. To overcome this, they want to establish cross-organizational visibility of supply chain and inventory data, breaking down silos and achieving prompt responses to business demands. This data platform is managed by Amazon Data Zone.

Sales 116

Sales Data-driven Data Processing Key Performance Indicator 116

CIO Business Intelligence

MARCH 27, 2023

When he’s not immersed in cybersecurity, hybrid cloud strategy, or app modernization, David Reis, CIO at the University of Miami Health System and the Miller School of Medicine, spends his time working with the board of directors and top leadership to reimagine healthcare and take the lead driving digital transformation.

Strategy 109

Strategy Digital Transformation Insurance Technology 109

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. What is an AI strategy? A successful AI strategy should act as a roadmap for this plan.

Strategy 71

Strategy Business Objectives Cost-Benefit Consulting 71

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

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

CIO Business Intelligence

SEPTEMBER 20, 2023

And in charge of the group’s technological strategy and digitalization processes is global CIO Vanessa Escrivá. This is a strategy of some complexity, based on three pillars: digitalization, insurance platform as a service, and data. The third pillar of our strategy is data.

Modeling 98

Modeling Insurance IT Cost-Benefit 98

CIO Business Intelligence

MARCH 19, 2025

Similarly, Deloittes 2024 CxO Survey highlights that while CDOs prioritize AI and business efficiency, sustainability remains a secondary focus. 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

IBM Big Data Hub

DECEMBER 20, 2023

A successful business strategy dictates the allocation of resources and outlines how a company will achieve its strategic goals. Whether the organization is focused on developing new products or marketing an existing service to an under-served demographic, having a solid strategy will help an organization realize its long-term goals.

Strategy 69

Strategy Advertising Key Performance Indicator Consulting 69

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. 6) Micro-SaaS.

Software 314

Software Cost-Benefit Data-driven Data Processing 314

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

Rocket-Powered Data Science

JUNE 17, 2022

Observability is a business strategy: what you monitor, why you monitor it, what you intend to learn from it, how it will be used, and how it will contribute to business objectives and mission success. The key difference is this: monitoring is what you do, and observability is why you do it.

Machine Learning 238

Machine Learning Recreation/Entertainment Risk Business Objectives 238

CIO Business Intelligence

APRIL 6, 2022

I’ve been a data practitioner responsible for the delivery of data management strategies in financial services, online retail, and just about everything in between. In all of these roles, I’ve come across patterns that enable organizations to build faster business insights and innovation with data. 1) The cloud-native pattern.

Cost-Benefit 135

Cost-Benefit Digital Transformation Data-driven Strategy 135

AWS Big Data

MARCH 26, 2024

In this post, we discuss how you can use purpose-built AWS services to create an end-to-end data strategy for C360 to unify and govern customer data that address these challenges. We recommend building your data strategy around five pillars of C360, as shown in the following figure.

Data Strategy 103

Data Strategy Strategy Data Warehouse Prescriptive Analytics 103

CIO Business Intelligence

OCTOBER 15, 2024

Multicloud architectures, applications portfolios that span from mainframes to the cloud, board pressure to accelerate AI and digital outcomes — today’s CIOs face a range of challenges that can impact their DevOps strategies. Platform engineering is one approach for creating standards and reinforcing key principles.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

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

JUNE 11, 2024

IT’s mission has transformed — perhaps so should its brand Another approach I recommend is to rebrand IT and recast its mission to modernize its objectives, organizational structure, core competencies, and operating model. These objectives are not new but go beyond IT’s traditional operating responsibilities.

IT 136

IT Digital Transformation Broadcasting Business Objectives 136

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. A procurement strategy is not merely a series of steps for acquiring goods and services. What is a procurement strategy?

Strategy 65

Strategy Cost-Benefit Key Performance Indicator Consulting 65

CIO Business Intelligence

MAY 24, 2024

Organizations that have made progress on environmental objectives to include circular economy principles have also made progress on broader business objectives of better asset management strategies and reduced procurement cycles.

Management 110

Management IT Cost-Benefit Metrics 110

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

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

erwin

FEBRUARY 27, 2020

Whether in the early stages of implementing a digital strategy or in the midst of a new technology deployment, change management plays a crucial role. Change management describes the process(es) an organization will undertake to ensure changes to business operations, systems and other assets cause as little disruption as possible.

Management 137

Management Enterprise Cost-Benefit Business Objectives 137

IBM Big Data Hub

JUNE 30, 2022

The rise of data strategy. There’s a renewed interest in reflecting on what can and should be done with data, how to accomplish those goals and how to check for data strategy alignment with business objectives. The evolution of a multi-everything landscape, and what that means for data strategy.

Data Strategy 56

Data Strategy Strategy Business Objectives Data-driven 56

BizAcuity

NOVEMBER 13, 2024

Business intelligence consulting services offer expertise and guidance to help organizations harness data effectively. Beyond mere data collection, BI consulting helps businesses create a cohesive data strategy that aligns with organizational goals.

Consulting 52

Consulting Data-driven Cost-Benefit Business Intelligence 52

Andrew White

NOVEMBER 1, 2019

The main angle was from the point of view of a university, but the point was related to business too: They (strategies) take too long to draft or define. Most of these strategies were effectively based on faith, hope, and charity. We have tried mightily to help organizations recognize what strategy is meant to be.

Strategy 56

Strategy Analytics Data-driven Data Strategy 56

CIO Business Intelligence

MARCH 8, 2023

Enterprises driving toward data-first modernization need to determine the optimal multicloud strategy, starting with which applications and data are best suited to migrate to cloud and what should remain in the core and at the edge. A hybrid approach is clearly established as the optimal operating model of choice.

Manufacturing 102

Manufacturing Business Objectives Cost-Benefit Uncertainty 102

CIO Business Intelligence

JUNE 4, 2024

Developer tools SAP’s clean core strategy is getting a boost with new capabilities in both SAP’s low-code and pro-code development tools. On the pro-code front, Andreas Welsch, VP and head of AI marketing, said in an interview that SAP is leveraging its partnership with Nvidia to fine tune an LLM model on ABAP code.

IT 122

IT Data Governance Business Objectives Visualization 122

CIO Business Intelligence

JANUARY 7, 2025

To do so, we need to first ask ourselves three key questions: Question #1: How will we use AI to meet our specific business objectives? Lets promise ourselves that this will be the year that we adopt a pragmatic approach to harnessing the vast potential of AI. Question #2: How will we make sure that we use AI responsibly?

ROI 52

ROI Business Objectives Technology Optimization 52

Smart Data Collective

MAY 3, 2022

Then they will find ways to track prices with analytics and adapt their pricing strategy accordingly. See how their understanding can lead to massive business benefits. As determinants of the pricing strategy, price points show their pros & cons and are often hard to properly assess. Witness the true story of price points.

Data Analytics 111

Data Analytics Analytics Big Data Sales 111