CIO Business Intelligence

NOVEMBER 19, 2024

Two-thirds of CEOs surveyed by the IBM Institute for Business Value acknowledge raiding long-term IT projects to achieve short-term goals. The authors of a report based on the IBM survey urged CEOs to stop looking for a silver bullet in their IT departments. “Be

Cost-Benefit 133

Cost-Benefit Risk Business Objectives Data-driven 133

CIO Business Intelligence

DECEMBER 10, 2024

According to AI at Wartons report on navigating gen AIs early years, 72% of enterprises predict gen AI budget growth over the next 12 months but slower increases over the next two to five years. That doesnt mean investments will dry up overnight. Many early gen AI wins have centered around productivity improvements.

Sales 143

Sales Metrics Data-driven Measurement 143

Occam's Razor

APRIL 19, 2010

Definitions and standard perspectives on these terms will be covered in this post: Business Objectives. Business Objectives: This is the answer to the question: "Why does your website exist?" " Or: "What are you hoping to accomplish for your business by being on the web?" Dimensions.

Metrics 140

Metrics Key Performance Indicator KPI Analytics 140

FineReport

AUGUST 19, 2021

Are you confused in the messy report numbers? Have you ever heard complaints from business departments about unclear indicators? Use business objects dashboard, and then these problems won’t surround you anymore. What is business objects dashboard?

Business Objectives 52

Business Objectives Dashboards Business Analysis Business Intelligence 52

Jet Global

JULY 29, 2020

User interfaces for ERP reporting tools are most often built with IT staff in mind, not the end user. For users of Oracle E-Business Suite (EBS), data access is about to get a bit more difficult now that the company has phased out the Oracle Discoverer product. Real-Time Reporting Solutions for Oracle EBS. View Solutions Now.

Reporting 98

Reporting Cost-Benefit Consulting Finance 98

David Menninger's Analyst Perspectives

DECEMBER 31, 2024

Robotic process automation (RPA) has been a cornerstone of task automation, allowing businesses to execute high-volume, transactional procedures with minimal human intervention. Enterprises that adopt RPA report reductions in process cycle times and operational costs.

Cost-Benefit 130

Cost-Benefit Data-driven Enterprise Business Objectives 130

Jet Global

JANUARY 26, 2021

Like nearly all the Microsoft Dynamics ERPs before it, Business Central claims to have all the native reporting functionality required to meet the financial management needs of small businesses. Solid financial reporting provides the foundation upon which good business management practices can flourish.

Reporting 98

Reporting Finance Data-driven Visualization 98

datapine

FEBRUARY 9, 2024

When selecting KPIs to measure success, align them closely with your overarching business objectives. Anything else is just background noise and can distract you from what’s truly important in your business. While both can help to tell a story about your business’s performance, the two are not interchangeable.

KPI 221

KPI Management Key Performance Indicator Measurement 221

Occam's Razor

SEPTEMBER 15, 2011

Here is what each step in the process helps accomplish: Step one is to force us to identify the business objectives upfront and set the broadest parameters for the work we are doing. Step two is to identify crisp goals for each business objective. The business we are doing this for is a real estate company.

Measurement 166

Measurement Marketing Modeling Key Performance Indicator 166

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. High performers (31%) deploy between once per day and once per week, report 10% change failure rates, and recover from a failed deployment in under a day.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

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

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

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. Now, add data, ML, and AI to the areas driving stress across the organization.

Risk 142

Risk IT Risk Management Cost-Benefit 142

BizAcuity

NOVEMBER 13, 2024

Data-driven organizations report greater efficiency and better customer satisfaction as they can act on real-time insights rather than retrospective analysis. Advanced analytics and predictive modeling are core offerings of BI consulting services, enabling organizations to move from descriptive reporting to proactive decision-making.

Consulting 52

Consulting Data-driven Cost-Benefit Business Intelligence 52

CIO Business Intelligence

MAY 7, 2024

That’s according to a recent report based on a survey of CDOs by AWS in conjunction with the Chief Data Officer and Information Quality (CDOIQ) Symposium. One reason the role may be misunderstood, the report says, is because it’s relatively new. Part of expanding influence is helping coworkers and executives to understand the role.

Data Strategy 131

Data Strategy Data-driven Data Quality Data Governance 131

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

FineReport

JUNE 14, 2023

To effectively monitor and analyze these metrics, businesses utilize KPI reports. In this article, we will explore the concept of KPI reports, highlight their significance, provide examples and templates, discuss the essential components, and offer valuable insights on creating KPI reports efficiently.

KPI 52

KPI Reporting Key Performance Indicator Sales 52

CIO Business Intelligence

MARCH 7, 2023

While digital initiatives and talent are the board directors’ top strategic business priorities in 2023-2024, IT spending is forecasted to grow by only 2.4% Tech companies have laid off over 250 thousand employees since 2022, and 93% of CEOs report preparing for a US recession over the next 12 to 18 months.

Digital Transformation 145

Digital Transformation Data Governance Machine Learning Experimentation 145

datapine

JULY 3, 2019

It can also help you to create your own analytical report that can reduce your time in analyzing the vast amount of data. Fundamentally, a conversion is the desired action made by a visitor – and it’s a metric that varies from business to business. 10) Average shares per post. 14) Return on investment (ROI).

Metrics 219

Metrics KPI Strategy ROI 219

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

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

CIO Business Intelligence

AUGUST 23, 2022

According to a IDC 1 , 71 percent of organizations report their long-term planning cycles have shortened due to COVID-19, with 82 percent of the same participants stating that long-term planning cycles have been reduced to two years or less. . IT procurement cycles have accelerated and investments have increased – much more than pre-COVID.

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

CIO Business Intelligence

DECEMBER 13, 2022

Today, the need for long-term solutions means that hybrid working is one of the top three trends driving network modernization – as reflected in the 2022-23 Global Network Report published by NTT. Download the 2022–23 Global Network Report. The burden on the network grows even as some employees start returning to the office.

Management 104

Management Reporting Business Objectives Manufacturing 104

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 124

Management Scorecard Key Performance Indicator Risk 124

Paul Blogs on BI

OCTOBER 18, 2023

Namely, they are investing heavily in enhancing the functionality of Web Intelligence and Crystal Reports. The world not only still runs on reports but needs them more than ever. The world not only still runs on reports but needs them more than ever. Reporting is not going away any time soon.

Business Intelligence 52

Business Intelligence Reporting Visualization Operational Reporting 52

Smart Data Collective

AUGUST 14, 2022

How Does DLP Help Your Business? Data loss protection comprises three significant business objectives – personal information protection, intellectual property protection, and comprehensive data usage reports. Here, DLP provides detailed reports to fulfill compliance audits. Data Usage Reports.

Risk 139

Risk Cost-Benefit Software Reporting 139

CIO Business Intelligence

DECEMBER 22, 2023

To tackle that, businesses are turning their budgets toward the cloud, with two out of every three IT decision-makers planning to increase cloud budgets in 2024, and nearly a third (31%) reporting that 31% of their IT budget is earmarked for cloud computing, according to the 2023 Cloud Computing Study from CIO.com parent company Foundry.

Consulting 130

Consulting Business Objectives Software Optimization 130

Smart Data Collective

SEPTEMBER 25, 2023

Developing an IT Budget is Crucial for Data-Driven Businesses As big data technology leaps lightyears ahead , different industries are jumping on the wagon. It doesn’t matter if you own a manufacturing business, an ecommerce, or a retail shop, you have IT needs. You can generate reports that highlight areas of overspending.

Data-driven 124

Data-driven IT Cost-Benefit Big Data 124

CIO Business Intelligence

NOVEMBER 2, 2023

The Salesforce report found that 87% of technical leaders say that advances in AI make data management a higher priority and 92% say that trustworthy data is needed more than ever before. Disconnect on data maturity Analytics and IT leaders overall are confident in the data maturity of their organizations, according to Salesforce’s report.

Data Strategy 137

Data Strategy Strategy Sales Data Governance 137

CIO Business Intelligence

MAY 16, 2024

With 43% of CTOs reporting up to another IT leader or LOB executive, according to the 2024 State of the CIO survey , and just 38% having a budget separate from IT, as change agents they can find themselves in a difficult spot. Anurag Dhingra is no stranger to the challenges CTOs face today. Don’t get bogged down in the bureaucracy,’’ he says.

Digital Transformation 130

Digital Transformation Business Objectives Reporting Technology 130

CIO Business Intelligence

JULY 2, 2024

For complex issues requiring human attention, AI can prepare a detailed context [report], reducing resolution time significantly.” AI can automate the generation of reports, system updates, and even handle first-level customer support queries through chatbots.”

IT 143

IT Machine Learning Cost-Benefit Data-driven 143

Occam's Razor

NOVEMBER 15, 2010

I want to share where in your web analytics data you can find valuable starting points, even without any context about the site / business / priorities. Reports to look at, KPIs to evaluate, inferences to make. Note objectives, customer experience, suckiness. Note objectives, customer experience, suckiness. Let's go!

Reporting 140

Reporting Metrics Strategy Measurement 140

David Menninger's Analyst Perspectives

NOVEMBER 7, 2024

A side benefit of AI-enabled business applications is the increasing availability of useful, timely and consistent data for forecasting, planning, analysis and reporting. The next important step is creating an enterprise planning and reporting database of record. This can save budget owners time and shorten planning cycles.

Forecasting 130

Forecasting Machine Learning Finance Predictive Analytics 130

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.

IT 137

IT Consulting Scorecard Key Performance Indicator 137

Occam's Razor

JANUARY 12, 2015

For eCommerce site X, Conversion Rate might be a KPI because their current objectives are tied to reversing key business trends. The key is knowing what your business objectives are. Notice I did not say standard reports, those barely cross the bar of data puking. I said custom reports. Now your core is set.

Analytics 151

Analytics Slice and Dice KPI Metrics 151

CIO Business Intelligence

SEPTEMBER 13, 2022

And yet Gartner reports that 50% of organizations surveyed will delay migration to cloud due to lack of insufficient cloud IaaS skills. [2]. 1] Furthermore, more than 60% of customers plan further increases over the next 12-24 months, the survey found.

Business Objectives 98

Business Objectives Consulting Risk Management 98

CIO Business Intelligence

DECEMBER 7, 2022

Too often, impetuosity and a diminished focus on key business drivers can result in a loss of direction, reports Chris DePerro, SVP, Global Professional Services at NTT. Ultimately, many organizations will have to go multicloud because it’s the only way they will achieve their business objectives,” DePerro believes.

Cost-Benefit 98

Cost-Benefit Business Objectives Business Driver Data Processing 98