Remove Consulting Remove Cost-Benefit Remove Strategy
article thumbnail

How Can BI Consulting Services Help Foster Data-driven Decisions

BizAcuity

BI consulting services play a central role in this shift, equipping businesses with the frameworks and tools to extract true value from their data. As businesses increasingly rely on data for competitive advantage, understanding how business intelligence consulting services foster data-driven decisions is essential for sustainable growth.

article thumbnail

Marsh McLennan IT reorg lays foundation for gen AI

CIO Business Intelligence

Paul Beswick, CIO of Marsh McLennan, served as a general strategy consultant for most of his 23 years at the firm but was tapped in 2019 to relaunch the risk, insurance, and consulting services powerhouse’s global digital practice. It’s a full-fledged platform … pre-engineered with the governance we needed, and cost-optimized.

IT 122
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Balancing the costs and opportunities of GenAI adoption

CIO Business Intelligence

But alongside its promise of significant rewards also comes significant costs and often unclear ROI. For CIOs tasked with managing IT budgets while driving technological innovation, balancing these costs against the benefits of GenAI is essential.

article thumbnail

How will AI agents be priced? CIOs need to pay attention

CIO Business Intelligence

It also has the benefit that as underlying AI costs drop over time service providers can extract more margin for this work. A third way that AI agents could be priced is by calculating the underlying costs and charging a small markup, he says. Potentially good for customers, but maybe not for shareholder returns.

article thumbnail

5 common consultant negotiation tactics and how to protect your interests

CIO Business Intelligence

To execute a successful digital transformation initiative, you are likely to establish consulting provider relationships. Unfortunately, many organizations find themselves susceptible to the tactics used by consultants to manage their risk and optimize a commercial arrangement to their benefit. This takes planning.

article thumbnail

Marsh McLellan IT reorg lays foundation for gen AI

CIO Business Intelligence

Paul Beswick, CIO of Marsh McLellan, served as a general strategy consultant for most of his 23 years at the firm but was tapped in 2019 to relaunch the risk, insurance, and consulting services powerhouse’s global digital practice. It’s a full-fledged platform … pre-engineered with the governance we needed, and cost-optimized.

IT 105
article thumbnail

Application Development Consulting Helps Companies Get the Most of AI

Smart Data Collective

The market for AI is growing due to its obvious benefits. Many of them have utilized many management programs but finding the most best application without the assistance of an experienced consultant can be a challenge. Some new consulting agencies specialize in helping companies select the best applications.