CIO Business Intelligence

FEBRUARY 13, 2024

To name a few — products and services that are delivered on time and on budget, and overall IT ROI.” Avila observes that many IT leaders will default to ROI as the most important metric because there’s strong belief that a good ROI is necessary to get the most out of the technology spend.

Metrics 140

Metrics IT ROI Measurement 140

datapine

SEPTEMBER 6, 2022

Modern content performance reports in the shape of an interactive online dashboard present an intuitive and accessible way to assess your content’s success and its ROI in real-time and in one centralized location. In this case, we can see that content has the highest ROI, which means a successful strategy.

Dashboards 179

Dashboards Reporting ROI Metrics 179

IBM Big Data Hub

MARCH 14, 2024

However, while embracing hybrid cloud might be intrinsic, clients continually seek to derive business value and higher return on investment (ROI) from their investments. The lack of ROI progress can be attributed to several factors, including slow adoption, unrealized use cases and unaddressed cloud sprawl.

ROI 68

ROI Business Objectives Cost-Benefit Enterprise 68

CIO Business Intelligence

NOVEMBER 21, 2024

In our fast-changing digital world, it’s essential to sync IT strategies with business objectives for lasting success. Technology has shifted from a back-office function to a core enabler of business growth, innovation, and competitive advantage.

Strategy 122

Strategy IT Business Objectives Cost-Benefit 122

CIO Business Intelligence

AUGUST 2, 2023

For business leaders facing inflationary pressures, the challenge becomes a matter of ROI, and they often ask, “Is this investment in a security tool going to maximize my ability to be secure and resilient from cyber threats? This leads to inefficiencies and hurts the organization’s ROI.

ROI 52

ROI Business Objectives Management Software 52

CIO Business Intelligence

AUGUST 23, 2022

Organizations should embrace value-based decision making that focuses on the business objectives and that benefits for the various stakeholders (technology, operations, procurement, finance, security, data analytics, environment, etc.) Transitioning to Business Value . Obtaining more insight into hidden costs (e.g.,

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

CIO Business Intelligence

JUNE 4, 2024

Several features are planned; first up is the ability for software developers to create ABAP business objects using generative AI in SAP. We’ve been telling this for a long time that you need to focus on the ROI,” she said, adding that, at first, “everyone was jumping on productivity. But it’s not just about productivity.

IT 122

IT Data Governance ROI Business Objectives 122

CIO Business Intelligence

FEBRUARY 7, 2024

“We must address the value proposition, who the target user is, what the alignment with the business objectives is, and how APIs can be marketed and monetized, if possible,” he says. Helping to attain business objectives In today’s hybrid and connected digital economy, data and software functionality are intrinsically tied to value. “In

Business Objectives 124

Business Objectives Cost-Benefit Strategy Data-driven 124

CIO Business Intelligence

AUGUST 27, 2024

Define clear objectives and secure executive buy-in Articulate challenges and benefits: Communicate the challenges posed by legacy applications and the potential benefits of APMR. Quantify ROI: Provide a detailed return on investment (ROI) analysis to gain leadership support.

Cost-Benefit 110

Cost-Benefit Key Performance Indicator ROI Strategy 110

CIO Business Intelligence

MARCH 30, 2022

Combining the insights of business leaders with the technical expertise of the CIO leads to synergistic decision-making that differentiates organizations and brings prized marketplace disruption. Power business decisions with enriched data. It is critical that CROs identify and mitigate those risks to minimize impact on ROI.

Technology 98

Technology Internet of Things ROI IoT 98

CIO Business Intelligence

MAY 26, 2022

Through effective implementation of VSM, development leaders can establish portfolios, programs, and cross-functional teams that are better aligned with business objectives. This starts with negotiations between leaders of business and delivery organizations, who have different incentives.

Optimization 111

Optimization Management ROI Business Objectives 111

CIO Business Intelligence

AUGUST 20, 2024

The state of ROI of genAI Business leaders are expecting a lot from AI. Yet, CEOs expect ROI within three to five years, with nearly half seeing it growing profitability in the next year through efficiency gains. Automation simply scales business as usual.

Digital Transformation 144

Digital Transformation Modeling ROI Strategy 144

CIO Business Intelligence

MARCH 16, 2022

By embracing VSM concepts, business leaders have been able to establish unified visibility and connection that spans the business. As a result, they have gained the ability to make significant inroads in meeting top-level business objectives, including improving ROI, speeding time to market, and delivering enhanced customer value.

Management 98

Management Cost-Benefit Insurance ROI 98

CIO Business Intelligence

OCTOBER 8, 2024

At what scale do they provide a positive ROI?” The Knowledge Graph, Sun added, can determine relationships between business objects, helping users understand what may be different terminology for the same thing in different applications. What prerequisites are required to deploy these autonomous workflows?

ROI 130

ROI Business Objectives Finance Sales 130

Octopai

JULY 11, 2022

Tie data quality directly to business objectives. How are you, as a data quality evangelist (if you’re reading this post, that must describe you at least somewhat, right?), going to convince top-level management that adopting a data quality strategy pays big dividends? Better data quality? How will it directly impact our bottom line?”.

Data Quality 98

Data Quality Strategy Business Objectives Sales 98

CIO Business Intelligence

JUNE 21, 2023

Align with business goals: Clearly articulate how IT initiatives can directly support the broader business objectives of the company and help gain competitive advantages. Quantify the value: Use data and metrics to demonstrate the potential return on investment (ROI) of IT initiatives.

Modeling 105

Modeling Cost-Benefit ROI Business Objectives 105

CIO Business Intelligence

DECEMBER 10, 2024

Proving the ROI of AI can be elusive , but rushing to achieve it can prove costly. Instead, CIOs must partner with CMOs and other business leaders to help quantify where gen AI can drive other strategic impacts especially those directly connected to the bottom line. Below are five examples of where to start.

Sales 142

Sales Metrics Data-driven Measurement 142

CIO Business Intelligence

MAY 9, 2023

With this objective in mind: Determine your organization’s innovation appetite (versus its risk appetite; it is too early to speak of ROI in the metaverse). Align on a business objective for the metaverse: Are we trying to engage a specific customer population? Are we trying to improve efficiency?

Digital Transformation 105

Digital Transformation ROI Business Objectives Manufacturing 105

CIO Business Intelligence

MAY 13, 2024

“We know what we’re trying to achieve, because we know the business goals and objectives,” We want to grow substantially, and we want to do that with speed,” says Bilker, whose clarity on IT’s business objectives mirror the top directives CEOs are giving their CIOs, according to the 2024 State of the CIO Study from Foundry, publisher of CIO.com.

IT 131

IT Digital Transformation ROI Strategy 131

CIO Business Intelligence

APRIL 19, 2022

Connecting systems with RPA may be trivial, but it has very limited ROI until the business is ready to break the silos and redesign end to end processes. Going after full ROI moves an IA program from a technology play into technology + change management.” – Maxim Ioffe | Global Intelligent Automation Leader, WESCO.

Digital Transformation 111

Digital Transformation Insurance ROI Business Objectives 111

Cloudera

OCTOBER 30, 2023

Agility, innovation, and time-to-value are the key differentiators cloud service providers (CSP) claim to help organizations speed up digital transformation projects and business objectives. The FinOps framework is helping organizations to obtain the best ROI for their cloud transformation.

Analytics 84

Analytics ROI Cost-Benefit Business Objectives 84

CIO Business Intelligence

JULY 24, 2024

Data-driven decisions: Leverage data and analytics to assess new technologies’ potential impact and ROI. Cross-functional collaboration: Engage diverse stakeholders and foster external partnerships to align with business goals and stay at the forefront of technological advancements.

Technology 98

Technology Experimentation Cost-Benefit ROI 98

CIO Business Intelligence

MAY 28, 2022

Through effective implementation of VSM, development leaders can establish portfolios, programs, and cross-functional teams that are better aligned with business objectives. This starts with negotiations between leaders of business and delivery organizations, who have different incentives.

Optimization 96

Optimization Management ROI Business Objectives 96

CIO Business Intelligence

NOVEMBER 2, 2023

Salesforce found that 41% of line-of-business leaders feel their organization’s data strategy has little or no alignment with business objectives, while 37% of analytics and IT leaders feel the same way. The study suggests that a lack of shared KPIs may be a root cause of this issue.

Data Strategy 137

Data Strategy Strategy Sales Data Governance 137

DataKitchen

NOVEMBER 27, 2024

Another significant advantage is the ability of these dashboards to provide ROI-driven insights. One of the most significant is the difficulty of defining and maintaining the alignment between data quality metrics and business goals.

Data Quality 219

Data Quality Dashboards Metrics Cost-Benefit 219

CIO Business Intelligence

NOVEMBER 26, 2024

Organizations often struggle to justify the upfront costs of modernization projects, especially when the ROI is not immediately apparent. Establishing clear governance structures to oversee modernization efforts ensured alignment with business objectives.

IT 122

IT Consulting Recreation/Entertainment Data-driven 122

Cloudera

SEPTEMBER 19, 2023

CDO ties data strategy to ROI Data-related decisions should be made with ROI in mind. CDO improves competitiveness According to Harvard Business Review , 41% of surveyed CDOs define their success by achieving business objectives. If this happens, a company cannot truly become data-driven.

IT 83

IT Data Strategy ROI Data-driven 83

Smart Data Collective

APRIL 20, 2023

Improving ROI: By using data to inform your content strategy, you can create content that is more likely to achieve your business goals, such as lead generation, sales, or brand awareness. You will be able to generate a greater return on investment (ROI) for your content marketing efforts.

Marketing 92

Marketing Strategy Big Data ROI 92

datapine

DECEMBER 11, 2019

Mobile devices and screens require a unique set of features and functionality, and by placing their focus on mobile-first design & development, SaaS vendors are likely to enjoy a healthy return on investment (ROI) next year and long into the future. Mobile-first is, without a doubt, one of the most integral SaaS industry trends for 2020.

Software 314

Software Cost-Benefit Data-driven Data Processing 314

CIO Business Intelligence

OCTOBER 29, 2024

On the other hand, there are also many cases of enterprises hanging onto obsolete systems that have long-since exceeded their original ROI. 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.”

IT 139

IT Cost-Benefit Strategy Risk 139

Smart Data Collective

NOVEMBER 29, 2021

Email marketing automation begins with establishing the set of business objectives that you intend to achieve with email marketing automation. The following approach will help you get the best results from the implementation of email marketing automation into your business by using big data wisely.

Data-driven 119

Data-driven Marketing Big Data Sales 119

CIO Business Intelligence

JANUARY 2, 2024

This strategy aims to utilize technology not merely as an operational tool, but as a core driver of business success.” For 2024 we’re focused on delivering ROIs around efficiency — working more productively, with more user satisfaction, to have better profitability.”

IT 144

IT Cost-Benefit Statistics Consulting 144

IBM Big Data Hub

DECEMBER 14, 2023

When it comes to focusing on the “environmental” aspect of ESG—often referred to as “sustainability”—there are many ways this area can open up business opportunities.

Cost-Benefit 66

Cost-Benefit Advertising ROI Business Objectives 66

Cloudera

NOVEMBER 25, 2021

We are also seeing productivity increase, lower total cost of ownership and higher ROI. Over the past decade Stevie has worked with a ranging scale of companies including multi-nationals across industry sectors to support their adoption of cloud solutions through a clearly defined data strategy aligned with business objectives.

Machine Learning 96

Machine Learning IoT Risk ROI 96

CIO Business Intelligence

JANUARY 12, 2023

One key factor to set up the right automations is to match them to the right business objective. For example, companies looking to automate in order to reduce headcount or labor costs might miss the main objective: to improve customer service and grow the business. Forgetting this can be a big mistake.

Consulting 145

Consulting Technology Software Reporting 145

datapine

DECEMBER 17, 2019

If what you are reporting does not align with the wider business objectives, you might end up driving the IT department – and sometimes even the rest of the business – further apart. It is split into four different KPIs: the return on investment (ROI) over a year, expressing the efficiency of IT investments.

Reporting 173

Reporting IT Key Performance Indicator Dashboards 173

CIO Business Intelligence

JUNE 28, 2023

Gopalan says that effectively communicating the potential benefits, demonstrating a clear ROI, and addressing any potential challenges were key to winning buy-in and support from the leadership team for the project.

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105