Sisense

FEBRUARY 26, 2020

In Transform to Win , we explore the challenges facing modern companies, diving into their individual digital transformations and the people who drive them. This is a key element of a digital transformation. Digital transformation has proven benefits. Become data-driven to succeed.

Digital Transformation 90

Digital Transformation Analytics Cost-Benefit Big Data 90

Smarten

MARCH 6, 2022

What happens is that your return on investment (ROI) plummets and your total cost of ownership (TCO) goes way up. So, how does one improve ROI and TCO for business intelligence and augmented analytics? But, there are worse things than user dissatisfaction; namely what happens when your users do not adopt the software.

Business Intelligence 77

Business Intelligence ROI Analytics Digital Transformation 77

CIO Business Intelligence

OCTOBER 23, 2024

CIOs are under increasing pressure to deliver meaningful returns from generative AI initiatives, yet spiraling costs and complex governance challenges are undermining their efforts, according to Gartner. hours per week by integrating generative AI into their workflows, these benefits are not felt equally across the workforce.

Enterprise 141

Enterprise Cost-Benefit Broadcasting Risk 141

CIO Business Intelligence

MARCH 6, 2024

While time is of the essence for companies in this transformation process, cybersecurity must not be an afterthought. An explosion of OT assets As digital transformation has built momentum, manufacturers have rapidly increased the number of OT assets connected to their internal networks.

ROI 126

ROI Manufacturing Cost-Benefit IoT 126

CIO Business Intelligence

JULY 5, 2024

This is why many enterprises are seeing a lot of energy and excitement around use cases, yet are still struggling to realize ROI. 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.

ROI 124

ROI Experimentation Risk Cost-Benefit 124

CIO Business Intelligence

FEBRUARY 1, 2024

When organizations buy a shiny new piece of software, attention is typically focused on the benefits: streamlined business processes, improved productivity, automation, better security, faster time-to-market, digital transformation. It can help uncover hidden costs that could come back to bite you down the road.

Software 131

Software Enterprise Cost-Benefit ROI 131

Smarten

JANUARY 5, 2023

By embedding BI, you can improve the user adoption rate, lower TCO and improve ROI. But what if you could improve the return on investment (ROI) and total cost of ownership (TCO) results of your new augmented analytics solution and your enterprise apps and software – all at the same time?

ROI 52

ROI Business Intelligence Cost-Benefit Software 52

CIO Business Intelligence

OCTOBER 30, 2023

In today’s digitally transforming world, time is of the essence. As you seek to boost agility and speed your organization’s digital transformation, there are some proven principles you can apply. In the process, they can break down the silos that stifle digital transformation. Digital Transformation

Management 144

Management Digital Transformation Cost-Benefit ROI 144

CIO Business Intelligence

MAY 22, 2023

ROI becomes a waiting game. What if there was a way to get ROI today and still train the workforce for a quantum tomorrow? Notably, they can bring cost and performance benefits to the currently expensive methods for training LLMs. Enter quantum-inspired approaches. Technical Debt Tug-of-War.

ROI 52

ROI Machine Learning Optimization Cost-Benefit 52

CIO Business Intelligence

MAY 30, 2024

Despite these concerns, CIOs are bullish on the value of AI, though only half say the most important gains will include cost reductions. Instead, productivity gains (83%) are far and away the top expected benefit, followed by increased competitiveness (77%). Today’s CIOs are working in a tornado of innovation.

ROI 111

ROI Digital Transformation Cost-Benefit Measurement 111

CIO Business Intelligence

FEBRUARY 28, 2024

Flexibility, Scalability, and Implementation Challenges The flexibility and scalability of SD-WAN are underscored as crucial benefits for organizations embarking on digital transformation journeys. SD-WAN is not a one-size-fits-all solution, and aligning the technology with a comprehensive digital strategy is crucial.

Cost-Benefit 98

Cost-Benefit Digital Transformation ROI Strategy 98

Cloudera

JANUARY 17, 2021

s digital transformation of the manufacturing industry, which in itself is pretty remarkable. The last two years have seen remarkable acceleration of digital transformation in a whole host of segments. The Digital Experience Benefits. Most blogs in my history are very focused on Industry 4.0’s

Digital Transformation 63

Digital Transformation Cost-Benefit Manufacturing Sales 63

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. Employ AI and ML to assist in processes.

Cost-Benefit 110

Cost-Benefit Key Performance Indicator ROI Strategy 110

CIO Business Intelligence

MARCH 10, 2023

Digital transformation has brought significant adoption of new technology and business models, including cloud solutions, e-commerce platforms, smart devices, and a significantly more distributed workforce. The result is a more efficient, cost-effective, and productive cyber workforce.

Digital Transformation 143

Digital Transformation Cost-Benefit ROI Risk 143

CIO Business Intelligence

JANUARY 23, 2024

Regardless of where organizations are in their digital transformation, CIOs must provide their board of directors, executive committees, and employees definitions of successful outcomes and measurable key performance indicators (KPIs). As a result, outcome-based metrics should be your guide.

Measurement 141

Measurement Digital Transformation KPI Metrics 141

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. Identify the benefits and ensure that you keep business value at the forefront.” Ganoorkar also recommends setting priorities based on business impact, cost, complexity, and risk.

IT 139

IT Cost-Benefit Strategy Risk 139

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. Use minimum viable products (MVPs) to validate concepts.

Technology 98

Technology Experimentation Cost-Benefit ROI 98

IBM Big Data Hub

NOVEMBER 7, 2023

For business leaders exploring ways to apply generative AI within their companies, it can be difficult to discern where to start, what will scale easily and what will deliver the greatest ROI. But the answer may be much simpler than it seems: automation. Why automation? Now, apply generative AI to the already impactful automation technology.

Digital Transformation 85

Digital Transformation ROI Cost-Benefit Reporting 85

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

SEPTEMBER 9, 2024

Even Goldman Sachs, previously bullish on the AI story, has raised concerns over whether there’ll be positive ROI for many of the investments being made in the technology. 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.

Cost-Benefit 131

Cost-Benefit Experimentation ROI Digital Transformation 131

CIO Business Intelligence

SEPTEMBER 19, 2024

But edge computing is unexplored territory for many and requires ongoing evaluation of performance and cost-effectiveness. Although edge implementations can cost more, eliminating latency can be worth the expense. To that end, IT leaders should perform a careful analysis of ROI before, during, and after an edge implementation.

ROI 119

ROI Cost-Benefit IoT Digital Transformation 119

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

SEPTEMBER 24, 2024

To that end, Wiedenbeck and his team are tackling “unit cost,” or the expense of specific products and services, such as writing a policy, servicing a claim, or handling a customer request. See IDC PlanScape: Unit-Based Costing to Optimize IT Performance for an exploration of how unit cost can be applied to digital products and services.)

IT 130

IT Insurance Cost-Benefit Risk 130

CIO Business Intelligence

FEBRUARY 22, 2024

Getting AI off the ground After several years of innovating in AI, Ferrovial can cite many examples of projects and services benefitting from it. “If So projects to analyze huge amounts of data in multiple formats already in production are now considerably more efficient and cost effective.

IT 105

IT Digital Transformation IoT Cost-Benefit 105

CIO Business Intelligence

JANUARY 3, 2024

It’s important to think about how a digital twin may be able to integrate these existing elements for a common operating picture and single system of record. This can often lead to improvements in efficiency, performance, and cost savings by way of a holistic view of building operations.

Cost-Benefit 136

Cost-Benefit ROI Manufacturing Optimization 136

CIO Business Intelligence

JANUARY 24, 2024

Karen Higgins-Carter, previously CIO of Webster Bank, joined Gilbane just over a year ago as CDIO with the responsibility of digitally transforming this 153-year-old business. We’re in an industry that is ripe for transformation,” says Higgins-Carter, pictured above, center. So they’ll be patient when it comes to ROI.

Risk Management 118

Risk Management Risk Management Digital Transformation 118

CIO Business Intelligence

MAY 9, 2023

Like most CIOs you’ve no doubt leaned on ROI, TCO and KPIs to measure the business value of your IT investments. Of late, concerns about the public “cloud-first” approach have emerged to challenge business value and skewer ROI, TCO and KPIs. Others conducted apples-to-apples comparisons of public cloud versus on-premises costs.

ROI 126

ROI Cost-Benefit KPI Uncertainty 126

CIO Business Intelligence

JULY 26, 2024

Despite digital transformation being a highly effective way to further develop the long-term business model, it can be a very drawn-out and arduous process. It also means some individual cloud projects fail, there’s been a change of provider, or there’s some disillusionment regarding costs of new cloud operating models.

Digital Transformation 142

Digital Transformation Cost-Benefit Data Processing Risk 142

CIO Business Intelligence

DECEMBER 5, 2023

But as digital transformation efforts have intensified in recent years, CIOs have had fewer opportunities to pause and reevaluate IT’s financial situation. That means taking a long hard look at costs and ensuring their spend is focused on the future and not just maintaining the past,” says Jay Upchurch, EVP and CIO at SAS.

IT 138

IT Cost-Benefit ROI Digital Transformation 138

CIO Business Intelligence

AUGUST 16, 2022

Due to the cloud-based, platform business model, possibilities will open up not only for operations and maintenance services around core digital twin models, but for value-added digital services wrapped around these twins such as visualization, collaboration, physical and cybersecurity, data analytics, and AI-enabled preventative maintenance.

Visualization 145

Visualization Cost-Benefit IoT ROI 145

CIO Business Intelligence

MAY 13, 2024

The study identified the top CEO priorities as, among others, leading digital transformation, reducing security risk, strengthening collaboration with executive colleagues, and implementing AI. 1 mandate to for CIOs to lead digital transformation. And many aren’t seeing returns after adopting AI.

IT 131

IT Digital Transformation ROI Strategy 131

CIO Business Intelligence

APRIL 20, 2023

In a recent article , we discussed the connection between digital transformation, innovation, and rising IT complexity. They cannot secure it; they cannot effectively manage it; and they cannot control the spiraling costs of maintaining a mismatched portfolio of security tools with overlapping capabilities.

Cost-Benefit 72

Cost-Benefit ROI Digital Transformation Software 72

CIO Business Intelligence

JUNE 28, 2023

The second stage focused on building algorithms and models to predict and simulate intricate biological conditions, accelerate discoveries, reduce risks, and optimize the cost-benefit ratio of technological developments using AI solutions. The team leaned on data scientists and bio scientists for expert support.

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

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

OCTOBER 12, 2022

The benefits of adopting Apple devices extend well beyond just ensuring employees’ satisfaction: With an increase in cyberattacks against corporate networks, understanding Apple platform security is key. Cost: Mac ownership also costs less than PC ownership in the long run, since Mac users are less likely to need computer support.

Cost-Benefit 98

Cost-Benefit Digital Transformation ROI Enterprise 98

CIO Business Intelligence

APRIL 1, 2024

That’s not hyperbole: TEKsystems’ 2024 State of Digital Transformation report found that 53% of organizations classified as digital leaders are confident that their digital investments will meet expected ROIs. Still, he and other Gartner researchers say the technology could transform modernization work.

Strategy 140

Strategy IT ROI Digital Transformation 140

CIO Business Intelligence

JUNE 21, 2023

In 2022, companies were still reeling from the rapid digital transformation efforts to survive the pandemic. A common but critical challenge I hear from CIOs, CTOs, and CDOs every day is that they have a difficult time helping the C-suite understand that IT is the very architecture for the future of business, not a cost center.

Modeling 105

Modeling Cost-Benefit ROI Business Objectives 105