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

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

CIO Business Intelligence

SEPTEMBER 14, 2022

As organizations accelerate their cloud migrations, they need both a strategy and a strategic partner, according to the Foundry 2022 Cloud Computing Study. The partnership capabilities they are most seeking include security expertise, better cloud management capabilities, and strategic guidance on overall cloud strategy or a roadmap.

Strategy 97

Strategy Business Objectives Forecasting Risk 97

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

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

OCTOBER 29, 2024

Leaders who adopt a crawl-walk-run approach, with thoughtful risk-taking and a strategic focus on actions and results, maximize the business value from IT modernization.” Rasmussen says the modernization process should begin by forming a strategy team and directing it to build the business case for why change is needed. “As

IT 139

IT Cost-Benefit Strategy Risk 139

CIO Business Intelligence

NOVEMBER 19, 2024

But shortsighted IT strategies, often pushed by CEOs seeking short-term gains, can saddle CIOs with increasing tech debt that can further undercut long-term outcomes and innovation. These objectives might require short-term IT spending to help the business achieve its goals, but it’s not a trade-off,” she says.

Cost-Benefit 119

Cost-Benefit Risk Business Objectives Data-driven 119

CIO Business Intelligence

NOVEMBER 19, 2024

Most IT and business executives recognize the necessity of close alignment. They understand that their strategies, capabilities, resources, and management systems should be configured to support the enterprise’s overarching purpose and goals. Having a seat at the strategy table helps IT push the business forward. “It

IT 108

IT Strategy Consulting Business Objectives 108

CIO Business Intelligence

NOVEMBER 18, 2024

By partnering with industry leaders, businesses can acquire the resources needed for efficient data discovery, multi-environment management, and strong data protection. To fully leverage AI and analytics for achieving key business objectives and maximizing return on investment (ROI), modern data management is essential.

Data-driven 91

Data-driven Machine Learning ROI Uncertainty 91

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

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. Building a successful hybrid cloud strategy Every organization must contend with its own infrastructure, distinct workloads, business processes and workflow needs.

Strategy 93

Strategy Cost-Benefit Digital Transformation Optimization 93

CIO Business Intelligence

JULY 31, 2023

For those companies operating on a calendar year, the end of summer signals the start of annual planning and the mad dash to prepare their IT strategies. Your answers will lay the foundation for your strategy and highlight where your story needs work if you want to avoid fire drills in the eleventh hour. IT Strategy

Strategy 98

Strategy IT Cost-Benefit Finance 98

IBM Big Data Hub

MARCH 6, 2024

Types of cloud migration The specific strategies and scenarios for cloud adoption and migration depend on the needs of the organization and its current IT infrastructure. Cloud migration strategies There are several types of cloud migration strategies that organizations employ, based on their specific needs.

Optimization 73

Optimization Strategy Cost-Benefit Testing 73

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

DataRobot Blog

MAY 26, 2022

In this post, we will dive deeper into how members from both the first and second line of defense within a financial institution can adapt their model validation strategies in the context of modern ML methods. The decreasing default risk with increasing salary suggests that higher income applicants pose less credit risk to the bank.

Risk 52

Risk Modeling Metrics Business Objectives 52

Alation

MARCH 14, 2023

Data gathering and use pervades almost every business function these days — and it’s widely acknowledged that businesses with a clear strategy around data are best placed to succeed in competitive, challenging markets such as defence. What is a data strategy? Why is a data strategy important?

Data Strategy 52

Data Strategy Strategy Metadata Data Quality 52

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 52

Analytics Cost-Benefit Finance Data-driven 52

CIO Business Intelligence

FEBRUARY 7, 2024

“Good governance is the telemetry on that investment, from which operational and tactical plans can be adjusted and focused to achieve strategic objectives,” he says. API-first strategies on the rise APIs are ubiquitous within modern software architectures, working behind the scenes to facilitate myriad connected capabilities. “As

Business Objectives 124

Business Objectives Cost-Benefit Strategy Data-driven 124

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

OCTOBER 24, 2024

The long-term impact is even more worrying — companies risk falling behind competitors who are implementing AI strategically. AI projects should align with genuine business objectives and focus on delivering measurable results that support long-term strategic goals.” Businesses need to embrace it.” This is happening.

IT 138

IT Experimentation Measurement Risk 138

CIO Business Intelligence

AUGUST 27, 2024

The strategy unfolded through careful planning, leveraging technology to enhance the taxpayer experience and ensuring robust cybersecurity measures. A staged approach enables risk mitigation and resource optimization and ensures modernization efforts bolster operational efficiency and competitive advantage.

Cost-Benefit 109

Cost-Benefit Key Performance Indicator ROI Strategy 109

CDW Research Hub

JANUARY 10, 2020

IT administrators have a full plate when it comes to setting up the best possible infrastructure to support their business outcomes, especially when that means keeping core legacy systems running while integrating new technologies. When considering a data center strategy refresh, always start by assessing your environment.

Strategy 52

Strategy Business Objectives Cost-Benefit Software 52

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 122

ROI Data-driven Enterprise Experimentation 122

CIO Business Intelligence

OCTOBER 14, 2024

Taylor adds that functional CIOs tend to concentrate on business-as-usual facets of IT such as system and services reliability; cost reduction and improving efficiency; risk management/ensuring the security and reliability of IT systems; and ongoing support of existing technology and tracking daily metrics.

Digital Transformation 131

Digital Transformation Experimentation Cost-Benefit Risk 131

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 74

Data Strategy Strategy Data Warehouse Prescriptive Analytics 74

CDW Research Hub

FEBRUARY 3, 2020

In its recent paper, Driving Innovation Through Data Storage Modernization , IDC reveals the essential features of a data-first storage infrastructure strategy designed to help organizations keep up in an era of breakneck modernization, emerging technologies, and business innovations.

Strategy 52

Strategy Digital Transformation Cost-Benefit Data-driven 52

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. It shows the importance of eliminating investments that no longer align with core business objectives.

Technology 98

Technology Experimentation Cost-Benefit ROI 98

CIO Business Intelligence

OCTOBER 2, 2024

An AI policy serves as a framework to ensure that AI systems align with ethical standards, legal requirements and business objectives. Data governance Strong data governance is the foundation of any successful AI strategy. Identify gaps related to ethics, transparency, risk and compliance.

Gap analysis 119

Gap analysis Risk Manufacturing Data Governance 119

CIO Business Intelligence

SEPTEMBER 13, 2023

Moreover, only 54% of companies have a clear innovation strategy, according to a 2023 report on innovation from consulting firm Protiviti , with 41% still developing one and 5% having neither a strategy nor plans to create one. It is nearly impossible to separate the business strategy from the organization’s technology strategy.

IT 136

IT Digital Transformation Risk Cost-Benefit 136

CIO Business Intelligence

OCTOBER 24, 2023

Expecting developers on self-organizing agile teams, data scientists, and user experience specialists to have all the required knowledge and best practices can lead to material risks and implementation setbacks. AI is a fundamentally different set of technologies that requires a separate strategy and capabilities.”

Digital Transformation 145

Digital Transformation Data-driven Business Objectives Strategy 145

IBM Big Data Hub

JANUARY 25, 2024

.” Read the “Presidio AI Framework” paper to learn how to address generative AI risks with guardrails across the expanded AI life cycle As generative AI continues to go mainstream, organizations are excited about the potential to transform processes, reduce costs and increase business value.

Strategy 94

Strategy Risk Cost-Benefit Business Objectives 94

CIO Business Intelligence

AUGUST 23, 2022

Technology that minimizes operational risk and provides advanced data management and protection that spans the entire edge-to-core continuum. planning and downtime, overtime, expedited freight) associated with your current network, along with specific business processes to be avoided. Obtaining more insight into hidden costs (e.g.,

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

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

CIO Business Intelligence

AUGUST 13, 2024

Unleashing deep automation: Evolving enterprise intelligence Deep automation transcends traditional automation approaches, offering a holistic, adaptive, and evolutive strategy at the enterprise and ecosystem level. Implement robust risk assessment and mitigation strategies encompassing automation initiatives.

Data-driven 129

Data-driven Metrics Optimization Deep Learning 129

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. The new Splunk Enterprise 9.0

Machine Learning 238

Machine Learning Recreation/Entertainment Risk Business Objectives 238

IBM Big Data Hub

MAY 6, 2024

More than 50% of respondents are concerned about unpredictable risks impacting generative AI initiatives and fear they will create increased potential for business disruption. AI that strays from what it was operationally designed to do can introduce new risks with unforeseen business impacts.

Enterprise 65

Enterprise Risk Strategy ROI 65

CIO Business Intelligence

JULY 25, 2024

Offered by the ISACA, the CRISC certification validates your ability to understand and mitigate enterprise IT risk using the latest best practices to identify, analyze, evaluate, assess, prioritize, and respond to risks.

IT 131

IT Management Risk Risk Management 131