CIO Business Intelligence

FEBRUARY 16, 2024

For most organizations, a shift to the cloud brings scalability, access to innovative tools, and the possibility of cost savings. When you’re introducing many new applications, the ease of getting them up and running and lowered costs [on the cloud] is tremendously beneficial,” he says. An early partner of Amazon, the Roseburg, N.J.-based

Digital Transformation 116

Digital Transformation Experimentation Cost-Benefit Machine Learning 116

CIO Business Intelligence

OCTOBER 1, 2022

The partners say they will create the future of digital manufacturing by leveraging the industrial internet of things (IIoT), digital twin , data, and AI to bring products to consumers faster and increase customer satisfaction, all while improving productivity and reducing costs. Data and AI as digital fundamentals.

Manufacturing 145

Manufacturing Digital Transformation IoT Internet of Things 145

CIO Business Intelligence

JULY 5, 2024

So, to maximize the ROI of gen AI efforts and investments, it’s important to move from ad-hoc experimentation to a more purposeful strategy and systematic approach to implementation. Here are five best practices to get the most business benefit from gen AI. In this regard, gen AI is no different from other technologies.

ROI 124

ROI Experimentation Risk Cost-Benefit 124

CIO Business Intelligence

JANUARY 14, 2025

Experimentation: The innovation zone Progressive cities designate innovation districts where new ideas can be tested safely. This shift from traditional SOA (where services align with technical functions) to domain-oriented services represents a fundamental change in how we structure systems.

Enterprise 119

Enterprise Technology Metrics Measurement 119

CIO Business Intelligence

OCTOBER 15, 2024

But continuous deployment isn’t always appropriate for your business , stakeholders don’t always understand the costs of implementing robust continuous testing , and end-users don’t always tolerate frequent app deployments during peak usage. Platform engineering is one approach for creating standards and reinforcing key principles.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

CIO Business Intelligence

JULY 24, 2024

According to IDC’s April 2024 Future Enterprise Resiliency and Spending Survey, Wave 4 , companies are increasingly allocating budgets to explore technologies like generative AI, with 53% increasing IT budgets and 30% shifting budgets from digital transformation. This phase maximizes long-term value.

Technology 98

Technology Experimentation Cost-Benefit Digital Transformation 98

CIO Business Intelligence

DECEMBER 29, 2023

With the merging of operational efficiency and embracing new technologies, today’s CIOs are under increasing pressure to do more with less and become both technologists and business leaders, says Sunny Azadeh, CIO at digital services company GlobalLogic. “In

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

FEBRUARY 22, 2024

With the aim to accelerate innovation and transform its digital infrastructures and services, Ferrovial created its Digital Hub to serve as a meeting point where research and experimentation with digital strategies could, for example, provide new sources of income and improve company operations.

IT 105

IT Digital Transformation IoT Cost-Benefit 105

CIO Business Intelligence

JULY 15, 2022

Yet modernization journeys are often bumpy; IT leaders must overcome barriers such as resistance to change, management complexity, high costs, and talent shortages. A vision for transformation, hampered by legacy. Ampol had a clear goal: intelligent operations for improved service reliability, increased agility, and reduced cost.

Cost-Benefit 98

Cost-Benefit Digital Transformation Experimentation Visualization 98

CIO Business Intelligence

JUNE 28, 2023

As Belcorp considered the difficulties it faced, the R&D division noted it could significantly expedite time-to-market and increase productivity in its product development process if it could shorten the timeframes of the experimental and testing phases in the R&D labs.

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

Cloudera

JANUARY 28, 2022

Customers vary widely on the topic of public cloud – what data sources, what use cases are right for public cloud deployments – beyond sandbox, experimentation efforts. Private cloud continues to gain traction with firms realizing the benefits of greater flexibility and dynamic scalability. Cost Management.

Slice and Dice 115

Slice and Dice Cost-Benefit Data Governance Risk 115

CIO Business Intelligence

MARCH 19, 2025

This enforces the need for good data governance, as AI models will surface incorrect data more frequently, and most likely at a greater cost to the business. An Agile and product management mindset is also necessary to foster an experimentation approach, and to move away from the desire to control data. Thats a critical piece.

Metrics 64

Metrics Enterprise Cost-Benefit Experimentation 64

CIO Business Intelligence

SEPTEMBER 10, 2024

Our IT evolution Having worked primarily in traditionally structured industries like oil and gas, government, education and finance, I’ve witnessed firsthand how technology was once considered a commodity, a cost center. However, its impact on culture must be carefully considered to maximize benefits and mitigate risks.

IT 122

IT Risk Risk Management Predictive Modeling 122

CIO Business Intelligence

MARCH 5, 2024

Many other platforms, such as Coveo’s Relative Generative Answering , Quickbase AI , and LaunchDarkly’s Product Experimentation , have embedded virtual assistant capabilities but don’t brand them copilots. IT leaders are exploring how different gen AI tools transform the software development lifecycle.

Advertising 124

Advertising Cost-Benefit Experimentation Reporting 124

CIO Business Intelligence

AUGUST 2, 2023

Benefits of composable architecture Embracing a composable architecture empowers your business to compose building blocks with unparalleled flexibility, opening doors to new opportunities for innovation. The industry shift toward composability As the digital landscape rapidly evolves, businesses are reevaluating their system architectures.

Cost-Benefit 98

Cost-Benefit Experimentation Digital Transformation Optimization 98

CIO Business Intelligence

OCTOBER 21, 2024

Slow progress frustrates teams and discourages future experimentation.” Employees may be resistant to new processes or technologies, especially if they perceive these changes as threats to job security or as adding to their workload without any visible short-term benefits,” Gilchrist says.

IT 137

IT Experimentation Cost-Benefit Consulting 137

CIO Business Intelligence

AUGUST 16, 2023

But today, Svevia is driving cross-sector digitization projects where new technology for increased safety for road workers and users is tested. When I came in three years ago, it was with the task of digitizing the company,” says Svevia CIO Maria Wester. “In This leads to environmental benefits and fewer transports.

Risk 98

Risk Cost-Benefit Internet of Things Digital Transformation 98

CIO Business Intelligence

NOVEMBER 24, 2022

The report shows that the biggest barrier to adoption in this region may be skepticism about the benefits, and of all regions, EMEA is the least likely to say that low-code/no-code is a key trend. It’s also the only region where unclear benefits constitute one of the top three reasons for not adopting low-code/no-code.

Cost-Benefit 111

Cost-Benefit IT Consulting Experimentation 111

CIO Business Intelligence

NOVEMBER 21, 2023

Communicate clearly and often about policies and their reasons and benefits, create a culture of feedback and collaboration, and be agile and willing to adapt policies as user needs evolve.” “People generally want to comply with policies, but being too stringent and creating too much friction often leads to shadow IT.

IT 137

IT Risk Cost-Benefit Data Science 137

CIO Business Intelligence

APRIL 24, 2024

The first use of generative AI in companies tends to be for productivity improvements and cost cutting. But there are only so many costs that can be cut. CIOs are well positioned to cut costs since they’re usually well acquainted with a company’s digital processes, having helped set them up in the first place.

Sales 128

Sales Finance Experimentation Cost-Benefit 128

CIO Business Intelligence

FEBRUARY 26, 2024

Zara’s trial of self-checkouts in their stores, for instance, was originally met with resistance, but when customers began to benefit from shorter waiting times, they soon accepted the change as a success. Electrical giant Phillips cleverly responded to customer concerns about energy costs, despite not being an energy company.

Experimentation 126

Experimentation Cost-Benefit Digital Transformation Risk 126

Domino Data Lab

OCTOBER 14, 2020

To enable a digital transformation in agriculture we must experiment and learn quickly across the entire model lifecycle. Experimentation and collaboration are built into the core of the platform. This ability enhances the efficiency of operational management and optimizes the cost of experimentation.

Experimentation 99

Experimentation Deep Learning Modeling Testing 99

CIO Business Intelligence

DECEMBER 6, 2023

Its digital transformation began with an application modernization phase, in which Dickson and her IT teams determined which applications should be hosted in the public cloud and which should remain on a private cloud. Amazon Web Services, Cloud Computing, Digital Transformation We’re a very purpose-based company.”

Manufacturing 97

Manufacturing Data Lake Digital Transformation Machine Learning 97

CIO Business Intelligence

DECEMBER 14, 2023

The harsh, remote landscape of Alaska’s North Slope does not evoke thoughts of digital transformation. Aside from being extremely cold, working on the Slope presents major supply chain challenges,” says Pragati Mathur, chief digital and information officer for the energy exploration and production stalwart.

Manufacturing 100

Manufacturing Digital Transformation Experimentation Cost-Benefit 100

CIO Business Intelligence

JULY 8, 2022

Focus: Enhanced focus is perhaps the greatest benefit teams stand to gain from a division of responsibilities. When operations and innovation activities reside under the same umbrella, those metrics might be at odds, such as measures of reliability and stability versus those of experimentation. Trade-offs. Advantages. Disadvantages.

Cost-Benefit 122

Cost-Benefit Measurement Modeling Metrics 122

CIO Business Intelligence

JUNE 6, 2023

The implication is that while some businesses are cutting costs and many tech companies are announcing layoffs, forward-looking enterprises are investing and collaborating with startups. For example, startups are likelier to have advanced devops practices that enable continuous deployments and feature experimentation.

Key Performance Indicator 105

Key Performance Indicator Cost-Benefit Enterprise Experimentation 105

IBM Big Data Hub

MAY 17, 2024

Organizations face increased pressure to move to the cloud in a world of real-time metrics, microservices and APIs, all of which benefit from the flexibility and scalability of cloud computing. An examination of cloud capabilities and maturity is a key component of this digital transformation and cloud adoption presents tremendous upside.

Modeling 96

Modeling Cost-Benefit Optimization Digital Transformation 96

CIO Business Intelligence

MARCH 6, 2023

Advancements in analytics and AI as well as support for unstructured data in centralized data lakes are key benefits of doing business in the cloud, and Shutterstock is capitalizing on its cloud foundation, creating new revenue streams and business models using the cloud and data lakes as key components of its innovation platform.

Data Lake 88

Data Lake Cost-Benefit Recreation/Entertainment Unstructured Data 88

IBM Big Data Hub

NOVEMBER 3, 2023

In the age of constant digital transformation, organizations should strategize ways to increase their pace of business to keep up with — and ideally surpass — their competition. This is why it’s important to empower more business professionals to benefit from events. Today, it’s normally developers.

Cost-Benefit 74

Cost-Benefit Experimentation Data Warehouse Testing 74

CIO Business Intelligence

AUGUST 21, 2024

The previous state-of-the-art sensors cost tens of thousands of dollars, adds Mattmann, who’s now the chief data and AI officer at UCLA. So while Aflac is excited about the benefits AI can provide in the future, we also remain focused on supporting our customers with a personal touch they expect and often need.

Risk 136

Risk Insurance Cost-Benefit Software 136

IBM Big Data Hub

OCTOBER 20, 2023

These development platforms support collaboration between data science and engineering teams, which decreases costs by reducing redundant efforts and automating routine tasks, such as data duplication or extraction. Some AI platforms also provide advanced AI capabilities, such as natural language processing (NLP) and speech recognition.

Machine Learning 71

Machine Learning Manufacturing Deep Learning Cost-Benefit 71

CIO Business Intelligence

JULY 31, 2023

Some are expecting cost savings using this technology, but there’s also the expectation that they’ll find ways to incorporate this technology [into their company’s products] to strengthen their offerings,” Carmichael adds. “You This is an issue for CIOs. CIOs should first and foremost establish a clear roadmap for implementing generative AI.

Strategy 98

Strategy Risk Enterprise Risk Management 98

Alation

DECEMBER 14, 2021

These systems offer numerous web-centric features that bolster customer service and engagement, provide server scalability during periods of fluctuating traffic, and allow easy experimentation with new technologies and promotional strategies. Cloud-native technologies offer: Robust functionality, Seamless interconnectivity, and.

Cost-Benefit 52

Cost-Benefit Data Processing Optimization Consulting 52

AWS Big Data

NOVEMBER 14, 2023

With a combination of low-latency data streaming and analytics, they are able to understand and personalize the user experience via a seamlessly integrated, self-reliant system for experimentation and automated feedback. Real-time streaming data technologies are essential for digital transformation.

IoT 58

IoT Data-driven Data Lake Data Strategy 58

CIO Business Intelligence

SEPTEMBER 9, 2024

But there comes a point in a new technology when its potential benefits become clear even if the exact shape of its evolution is opaque. There’ll be further bumps in the road but there are now enough deployments and use cases for us to see the potential for a range of digital transformations across businesses and the public sector.

Cost-Benefit 131

Cost-Benefit Experimentation Digital Transformation ROI 131

Sisense

MARCH 26, 2021

Companies surveyed by Harvard Business Review Analytic Services (HBR) report that two of the most important strategic benefits of using data analytics are (1) identifying new revenue and business models and (2) becoming more innovative. Newly published research shows that companies aren’t getting the most out of their analytics.

Analytics 98

Analytics Data-driven Dashboards Experimentation 98

CIO Business Intelligence

FEBRUARY 3, 2023

We’ve been lucky that our transformation of cyber happened with digital transformation, so the last two years we’ve talked a lot to the board about technology,” he says, adding that even as a non-executive member (he reports to head of supply chain), he’s been to the boardroom approximately 50 times during this period.

IT 52

IT Experimentation Scorecard Digital Transformation 52