CIO Business Intelligence

NOVEMBER 11, 2024

Research firm IDC projects worldwide spending on technology to support AI strategies will reach $337 billion in 2025 — and more than double to $749 billion by 2028. This is the easiest way to start benefiting from AI without needed the skills to develop your own models and applications.”

ROI 137

ROI Cost-Benefit Risk Experimentation 137

CIO Business Intelligence

APRIL 30, 2025

The study found better oversight of business workflows to be the top perceived benefit of it. She sees potential in using agents to schedule client work and match client requirements with the best-skilled and cost-effective resources. Think summarizing, reviewing, even flagging risk across thousands of documents.

IT 130

IT Sales Cost-Benefit Data-driven 130

David Menninger's Analyst Perspectives

JANUARY 21, 2025

MongoDB was founded in 2007 and has established itself as one of the most prominent NoSQL database providers with its document-oriented database and associated cloud services. MongoDB has benefited from a focus on the needs of development teams to deliver innovation through the development of data-driven applications.

Data Lake 130

Data Lake IoT Cost-Benefit Enterprise 130

CIO Business Intelligence

NOVEMBER 1, 2024

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

IT Insurance Consulting Risk 105

datapine

JANUARY 21, 2020

As a result, BI can benefit the overall evolution as well as the profitability of a company, regardless of niche or industry. Download here the top benefits cheat sheet, and start reporting! Benefits Of Business Intelligence And Reporting. Let’s see what the crucial benefits are: 1. What Is BI Reporting?

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

datapine

APRIL 15, 2020

When it comes to implementing and managing a successful BI strategy we have always proclaimed: start small, use the right BI tools , and involve your team. Working software over comprehensive documentation. The agile BI implementation methodology starts with light documentation: you don’t have to heavily map this out.

Business Intelligence 276

Business Intelligence Analytics Testing Dashboards 276

datapine

AUGUST 12, 2020

Whether you manage a big or small company, business reports must be incorporated to establish goals, track operations, and strategy, to get an in-depth view of the overall company state. Knowing how to prepare and create one with the help of an online data analysis tool can reduce costs and time to decide on a relevant course of action.

Reporting 297

Reporting Dashboards Visualization Cost-Benefit 297

CIO Business Intelligence

APRIL 8, 2025

I aim to outline pragmatic strategies to elevate data quality into an enterprise-wide capability. This challenge remains deceptively overlooked despite its profound impact on strategy and execution. In the public sector, fragmented citizen data impairs service delivery, delays benefits and leads to audit failures.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

CIO Business Intelligence

FEBRUARY 15, 2024

Even moving from a paper document to a file can be challenging. Following are ways CIOs can help overcome disconnect in the C-suite on the evolving nature of their role in an effort to better enable support for their digital strategies. “Change by its very nature generates suspicion and resistance,” says Ardolino.

Strategy 134

Strategy Digital Transformation Cost-Benefit Forecasting 134

CIO Business Intelligence

JANUARY 9, 2025

This allows companies to benefit from powerful models without having to worry about the underlying infrastructure. However, this comes at the cost of some of the advantages offered by the leading frontier models. The model retains some context as it moves through the entire document.

Software 128

Software Enterprise Key Performance Indicator Machine Learning 128

CIO Business Intelligence

FEBRUARY 6, 2025

As Windows 10 nears its end of support, some IT leaders, preparing for PC upgrade cycles, are evaluating the possible cloud cost savings and enhanced security of running AI workloads directly on desktop PCs or laptops. Melby points out there are numerous benefits and claims there is potential for AI PCs to disrupt some SaaS markets.

Cost-Benefit 91

Cost-Benefit Modeling Marketing Enterprise 91

datapine

JUNE 5, 2019

As mentioned earlier, a data dashboard has the ability to answer a host of business-related questions based on your specific goals, aims, and strategies. A data dashboard assists in 3 key business elements: strategy, planning, and analytics. We’ll discuss the primary features or benefits of BI-powered dashboards in due course.

Dashboards 316

Dashboards KPI Sales Visualization 316

CIO Business Intelligence

MARCH 25, 2025

CIOs perennially deal with technical debts risks, costs, and complexities. But some AI debt may require CIOs to decommission and replace AI capabilities, for example, when new models have sizable accuracy, performance, or cost improvements, leaving behind obsolete models.

Risk 140

Risk Cost-Benefit Data-driven Digital Transformation 140

datapine

MAY 27, 2020

In recent years, analytical reporting has evolved into one of the world’s most important business intelligence components, compelling companies to adapt their strategies based on powerful data-driven insights. It’s possible to write an analytical report using a spreadsheet, whitepaper, or a simple Word document or file. ER Wait Time.

Reporting 245

Reporting Analytics Dashboards Sales 245

CIO Business Intelligence

APRIL 1, 2024

Here veteran IT leaders and advisers offer eight strategies to speed up IT modernization. Taking that agile approach and breaking down big projects into those smaller deliverables also means the business sees benefits and ROI faster, says Arijeet Roy, a partner at Guidehouse. That’s the black swan for gen AI,” Gupta says.

Strategy 140

Strategy IT Digital Transformation ROI 140

CIO Business Intelligence

JANUARY 14, 2025

Documentation and diagrams transform abstract discussions into something tangible. From documentation to automation Shawn McCarthy 3. Complex ideas that remain purely verbal often get lost or misunderstood. This alignment sets the stage for how we execute our transformation. From control to enablement Shawn McCarthy 2.

Enterprise 119

Enterprise Technology Metrics Measurement 119

CIO Business Intelligence

JULY 10, 2024

Effective partnering requires transparency and clear documentation from vendors. They correlate to a low AI maturity and typically bring limited benefits. They correlate to a moderate AI maturity and can bring moderate benefits. They correlate to a high AI maturity and can bring big benefits.

Risk 111

Risk Strategy Consulting Cost-Benefit 111

datapine

APRIL 16, 2019

Download the list of the 11 essential steps to implement your BI strategy! Data driven decision making (DDDM) is a process that involves collecting data based on measurable goals or KPIs, analyzing patterns and facts from these insights, and utilizing them to develop strategies and activities that benefit the business in a number of areas.

Data-driven 287

Data-driven Dashboards Visualization Cost-Benefit 287

CIO Business Intelligence

DECEMBER 19, 2024

Below, I recap my virtual event conversation with two IT leaders, who shared their first-hand experience of the benefits that BMC Helix solutions have delivered in respective use cases. They automated remediation and significantly improved MTTR and overall service quality.

IT 98

IT Insurance Cost-Benefit Optimization 98

datapine

JANUARY 24, 2021

It is not just important to gather all the existing information, but to consider the preparation of data and utilize it in the proper way, has become an indispensable value in developing a successful business strategy. For example, you need to develop a sales strategy and increase revenue. Today, big data is about business disruption.

IT 317

IT Statistics KPI Data-driven 317

Smart Data Collective

SEPTEMBER 29, 2022

There are a number of benefits of using it to your company’s advantage. A growing number of companies have leveraged big data to cut costs, improve customer engagement, have better compliance rates and earn solid brand reputations. The benefits of big data cannot be overstated. This article reveals all!

Data-driven 145

Data-driven Data Quality Optimization Insurance 145

CIO Business Intelligence

AUGUST 9, 2024

With generative AI businesses can now boost productivity and reduce costs, fundamentally changing how they work. Enterprises have tons of proprietary data in private documents and platforms like Snowflake Data Cloud or Oracle Cloud ERP, crucial for business operations. Take healthcare, for instance.

Interactive 143

Interactive Cost-Benefit Modeling Machine Learning 143

O'Reilly on Data

NOVEMBER 28, 2023

54% of AI users expect AI’s biggest benefit will be greater productivity. And there are tools for archiving and indexing prompts for reuse, vector databases for retrieving documents that an AI can use to answer a question, and much more. 16% of respondents working with AI are using open source models.

Enterprise 342

Enterprise Testing Modeling Reporting 342

datapine

SEPTEMBER 29, 2022

There are a lot of strategies that you can use to improve the quality of your information. Paired to this, it can also: Improved decision-making process: From customer relationship management, to supply chain management , to enterprise resource planning, the benefits of effective DQM can have a ripple impact on an organization’s performance.

Data Quality 241

Data Quality Metrics Data-driven Management 241

datapine

JUNE 15, 2023

These analytical tools allow decision-makers to get a sense of their performance in a number of areas and extract valuable insights to inform their future strategies and boost growth. Keep reading to find a definition, benefits, examples, and some key best practices to generate them successfully! What Is A Performance Report?

Reporting 207

Reporting Dashboards Cost-Benefit Sales 207

erwin

SEPTEMBER 17, 2020

It’s paramount that organizations understand the benefits of automating end-to-end data lineage. Here are six benefits of automating end-to-end data lineage: Reduced Errors and Operational Costs. Business terms and data policies should be implemented through standardized and documented business rules.

Cost-Benefit 143

Cost-Benefit Data Governance Metadata Reporting 143

erwin

JANUARY 30, 2020

Constructing a Digital Transformation Strategy: How Data Drives Digital. The results of our new research show that organizations are still trying to master data governance, including adjusting their strategies to address changing priorities and overcoming challenges related to data discovery, preparation, quality and traceability.

Data Governance 145

Data Governance Metadata Cost-Benefit Digital Transformation 145

IBM Big Data Hub

MAY 28, 2024

While every data protection strategy is unique, below are several key components and best practices to consider when building one for your organization. What is a data protection strategy? Why it’s important for your security strategy Data powers much of the world economy—and unfortunately, cybercriminals know its value.

Strategy 81

Strategy Measurement Risk Cost-Benefit 81

CIO Business Intelligence

FEBRUARY 26, 2025

In addition, there is often a lack of clear documentation and a deep understanding of the existing architecture. According to Henckel, the age structure in the admin area and a lack of documentation further complicates modernization. This could be, for example, problems with stability in IT operations or the potential for cost savings.

IT 85

IT Cost-Benefit Optimization Machine Learning 85

erwin

AUGUST 13, 2020

Today, enterprises are trying to grow and innovate – while cutting costs and managing compliance – in the midst of a global pandemic. Here are some of the issues and questions being raised: Growth : How do we define growth strategies (e.g., operating strategy, global business services and shared services)?

Enterprise 143

Enterprise Cost-Benefit Uncertainty ROI 143

IBM Big Data Hub

JANUARY 19, 2024

Disaster recovery strategies provide the framework for team members to get a business back up and running after an unplanned event. Worldwide, the popularity of disaster recovery strategies is understandably increasing. A disaster recovery strategy lays out how your businesses will respond to a number of unplanned incidents.

Strategy 89

Strategy Cost-Benefit Testing Risk 89

erwin

FEBRUARY 27, 2020

Whether in the early stages of implementing a digital strategy or in the midst of a new technology deployment, change management plays a crucial role. With effective change management, organizations usually realize faster implementations and lower costs. And organizations that embrace change often achieve greater success.

Management 137

Management Enterprise Cost-Benefit Business Objectives 137

Cloudera

JUNE 1, 2021

Cloudera will benefit from the operating capabilities, capital support and expertise of Clayton, Dubilier & Rice (CD&R) and KKR – two of the most experienced and successful global investment firms in the world recognized for supporting the growth strategies of the businesses they back. Our strategy. Wrapping it up.

Uncertainty 144

Uncertainty Cost-Benefit Risk Strategy 144

erwin

FEBRUARY 6, 2020

Here are our eight recommendations for how to transition from manual to automated data management: 1) Put Data Quality First: Automating and matching business terms with data assets and documenting lineage down to the column level are critical to good decision making. The Benefits of Data Management Automation.

Management 144

Management Data Governance Cost-Benefit Metadata 144

Smart Data Collective

FEBRUARY 8, 2022

They are discovering the benefits of using the cloud to utilize data and facilitate communications between employees, customers, contractors and other stakeholders. One of the underappreciated benefits of cloud technology is that it makes it easier to work with virtual assistants. Some fo the biggest benefits are listed below.

Technology 145

Technology Cost-Benefit Business Intelligence Marketing 145

datapine

JUNE 29, 2022

Explore our 14 day free trial & benefit from great accounting reports! We will cover this more in detail later in the post with a few financial dashboard examples, but first, let’s look at the main benefits coming from these analytical tools. Your Chance: Want to test accounting reporting software for free? General Ledger.

Visualization 200

Visualization Reporting Cost-Benefit Snapshot 200

datapine

JANUARY 6, 2022

Secondary Research: much like how patterns of behavior can be observed, different types of documentation resources can be coded and divided based on the type of material they contain. This helps businesses to develop responsive, practical business strategies. Interviews: one of the best collection methods for narrative data.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246