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

IBM Big Data Hub

JANUARY 25, 2024

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 Many asset-intensive businesses are prioritizing inventory optimization due to the pressures of complying with growing industry 4.0

Optimization 73

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 73

CIO Business Intelligence

AUGUST 14, 2024

Between building gen AI features into almost every enterprise tool it offers, adding the most popular gen AI developer tool to GitHub — GitHub Copilot is already bigger than GitHub when Microsoft bought it — and running the cloud powering OpenAI, Microsoft has taken a commanding lead in enterprise gen AI.

Enterprise 136

Enterprise Cost-Benefit Experimentation Modeling 136

CIO Business Intelligence

SEPTEMBER 6, 2024

According to a recent Cloudera study , almost three-quarters (73%) of enterprise IT leaders say their company’s data exists in silos and is disconnected, while over half (55%) say they would rather get a root canal than try to access all their companys’ data. What makes metadata management important? This approach is risky and costly.

Metadata 116

Metadata Enterprise Management Cost-Benefit 116

David Menninger's Analyst Perspectives

NOVEMBER 7, 2024

Many enterprises adopted cloud-based analytic data platforms with a view to improving operational efficiencies by reducing the need for upfront investment in physical infrastructure as well as the ability to scale cloud services up and down to match fluctuating requirements. Efficient usage of cloud services is easier said than done, however.

Data Warehouse 130

Data Warehouse Cost-Benefit Data Lake Software 130

O'Reilly on Data

NOVEMBER 28, 2023

In enterprises, we’ve seen everything from wholesale adoption to policies that severely restrict or even forbid the use of generative AI. 54% of AI users expect AI’s biggest benefit will be greater productivity. That pricing won’t be sustainable, particularly as hardware shortages drive up the cost of building infrastructure.

Enterprise 277

Enterprise Testing Modeling Reporting 277

IBM Big Data Hub

MARCH 6, 2024

Businesses are increasingly embracing cloud infrastructure due to its scalability, flexibility and cost-effectiveness, among other benefits. Recent statistics indicate a significant rise in companies adopting cloud services to meet their operational and cost saving needs.

Optimization 73

Optimization Strategy Cost-Benefit Testing 73

David Menninger's Analyst Perspectives

OCTOBER 15, 2024

However, many enterprises have existing on-premises applications that, in most cases, will not get AI-enablement from the software provider. Those customers should be evaluating if, when and how they will tap into the benefits that AI and GenAI can provide to improve operational and financial performance.

Cost-Benefit 130

Cost-Benefit Risk Forecasting Software 130

CIO Business Intelligence

JUNE 18, 2024

Enterprise resource planning (ERP) is ripe for a major makeover thanks to generative AI, as some experts see the tandem as a perfect pairing that could lead to higher profits at enterprises that combine them. It’s difficult to estimate cost savings at Runmic because the company embraced AI early in its short history, Kouhlani says.

Enterprise 134

Enterprise Forecasting Unstructured Data Reporting 134

CIO Business Intelligence

SEPTEMBER 19, 2023

Organizations all around the globe are implementing AI in a variety of ways to streamline processes, optimize costs, prevent human error, assist customers, manage IT systems, and alleviate repetitive tasks, among other uses. And with the rise of generative AI, artificial intelligence use cases in the enterprise will only expand.

Enterprise 141

Enterprise Cost-Benefit Optimization Deep Learning 141

CIO Business Intelligence

SEPTEMBER 12, 2023

This same principle can help enterprises remain operational and connected during all kinds of internal and external “storms.” Network reliability and availability are among the many reasons why enterprises are augmenting Wi-Fi networks with 5G. The benefits are extraordinary. Here’s why. Consider the manufacturing environment.

Enterprise 105

Enterprise Cost-Benefit Manufacturing IoT 105

IBM Big Data Hub

DECEMBER 1, 2023

Enterprise resource planning (ERP) is a business management software built to do just that. The benefits of ERP include built-in business intelligence and access to real-time data, along with integrated machine learning capabilities unlike a legacy system. Customization: Organizations can customize the software as they see fit.

Enterprise 84

Enterprise Cost-Benefit Consulting Software 84

CIO Business Intelligence

MAY 24, 2022

A related concept, CloudOps, for “cloud operations,” has emerged as enterprises increasingly move application development and workloads to the cloud, and those cloud outlays become more complex. Where CloudOps fits in the enterprise. Benefits of CloudOps. What is CloudOps? Effective CloudOps [helps] to mitigate this.

Optimization 111

Optimization Cost-Benefit Enterprise Consulting 111

CIO Business Intelligence

FEBRUARY 1, 2023

As organizations of all stripes continue their migration to the cloud, they are coming face to face with sometimes perplexing cost issues, forcing them to think hard about how best to optimize workloads, what to migrate, and who exactly is responsible for what. leading to poor performance and high cost.

Optimization 111

Optimization Cost-Benefit Consulting Strategy 111

CIO Business Intelligence

NOVEMBER 27, 2024

From customer service chatbots to marketing teams analyzing call center data, the majority of enterprises—about 90% according to recent data —have begun exploring AI. Today, enterprises are leveraging various types of AI to achieve their goals. This is where Operational AI comes into play.

Data Architecture 124

Data Architecture Cost-Benefit Machine Learning Experimentation 124

CIO Business Intelligence

JUNE 26, 2023

billion to help enterprises optimize their IT expenditure, particularly cloud costs, as they try to navigate uncertain macroeconomic conditions. Apptio, which has over 1,500 enterprise customers, also integrates with technology from AWS, Microsoft Azure, Salesforce, Google Cloud, Oracle, Salesforce and SAP.

Optimization 92

Optimization IT Cost-Benefit Consulting 92

CIO Business Intelligence

OCTOBER 16, 2024

Analysts predict the incoming phase of enterprise AI will herald agentic systems that require minimal human intervention, with 75% of CIOs increasing their AI budgets during this year alone, according to a recent report from Gartner. Edge computing can reduce latency, lower cost, and lower data exposure risks.”

Cost-Benefit 143

Cost-Benefit Manufacturing Data-driven Optimization 143

CIO Business Intelligence

NOVEMBER 1, 2023

The news came at SAP TechEd, its annual conference for developers and enterprise architects, this year held in Bangalore, the unofficial capital of India’s software development industry. There’s a common theme to many of SAP’s announcements: enabling enterprise access to business-friendly generative AI technologies. “We

Enterprise 132

Enterprise Cost-Benefit Unstructured Data Software 132

CIO Business Intelligence

MAY 23, 2023

A 2022 survey of innovation and business strategy conducted by the International Monetary Fund found that 40% of innovation-oriented companies (SMBs to large enterprises) reduce costs as a result of new product innovations which, on average, account for 20% of all sales. With the promise of 2.5 With the promise of 2.5

Enterprise 98

Enterprise Cost-Benefit Interactive Data Processing 98

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

Also center stage were Infor’s advances in artificial intelligence and process mining as well as its environmental, social and governance application and supply chain optimization enhancements. The company provides industry-specific enterprise software that enhances business performance and operational efficiency.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

IBM Big Data Hub

MARCH 28, 2024

As cloud computing continues to transform the enterprise workplace, private cloud infrastructure is evolving in lockstep, helping organizations in industries like healthcare, government and finance customize control over their data to meet compliance, privacy, security and other business needs. billion by 2033, up from USD 92.64

Enterprise 97

Enterprise Cost-Benefit Data Processing Software 97

Cloudera

DECEMBER 19, 2023

There, I met with IT leaders across multiple lines of business and agencies in the US Federal government focused on optimizing the value of AI in the public sector. AI can optimize citizen-centric service delivery by predicting demand and customizing service delivery, resulting in reduced costs and improved outcomes.

Optimization 88

Optimization Cost-Benefit Unstructured Data Risk 88

CIO Business Intelligence

NOVEMBER 19, 2024

Generative AI (GenAI) is rapidly emerging as a game changer for enterprises, but turning its potential into measurable value remains a significant challenge. High costs Failing: The infrastructure and computational costs for training and running GenAI models are significant.

Consulting 137

Consulting Cost-Benefit Experimentation Optimization 137

Cloudera

NOVEMBER 21, 2024

As advanced analytics and AI continue to drive enterprise strategy, leaders are tasked with building flexible, resilient data pipelines that accelerate trusted insights. For enterprises, the challenge now is not just rapid deployment; it’s about building trusted, iterative processes that ensure high-quality and actionable data at scale.

Cost-Benefit 83

Cost-Benefit Data Lake Interactive Forecasting 83

CIO Business Intelligence

NOVEMBER 18, 2022

But when not managed strategically in the long run, cloud spending can quickly escalate and impact margins, cost of goods sold (COGS), and cost of revenue (COR). To optimize cloud investments, C-level executives are increasingly adopting cloud financial operations (FinOps).

Optimization 91

Optimization KPI Key Performance Indicator Cost-Benefit 91

Rocket-Powered Data Science

MAY 21, 2024

Pure Storage empowers enterprise AI with advanced data storage technologies and validated reference architectures for emerging generative AI use cases. However, this data was still left mostly unexploited for its maximum potential and enterprise-wide business value. Summary AI devours data. AI Then and AI Now!

Cost-Benefit 239

Cost-Benefit Unstructured Data Enterprise Technology 239

CIO Business Intelligence

APRIL 4, 2024

Like other CIOs, Katrina Redmond has been inundated with opportunities to deploy AI that promise to speed business and operations processes, and optimize workflows. The cost of implementing and running AI models can be quite high, so you have to be really careful in assessing the business worthiness of AI use cases,” he says.

Enterprise 134

Enterprise Cost-Benefit Forecasting Sales 134

CIO Business Intelligence

JUNE 20, 2024

Especially for enterprises across highly regulated industries, there is increasing pressure to innovate quickly while balancing the need for them to meet stringent regulatory requirements, including data sovereignty. IBM and VMware understand that each client has a unique business, IT process and applications,” says Badlaney.

Enterprise 116

Enterprise Cost-Benefit Strategy Software 116

IBM Big Data Hub

APRIL 25, 2023

We also made the case that query and reporting, provided by big data engines such as Presto, need to work with the Spark infrastructure framework to support advanced analytics and complex enterprise data decision-making. Now, let’s chat about why data warehouse optimization is a key value of a data lakehouse strategy.

Optimization 56

Optimization Strategy Data Warehouse Cost-Benefit 56

Smart Data Collective

DECEMBER 16, 2019

Most importantly, as the data which enterprises rely on increases, it has become necessary to embrace better techniques for managing all this information. In the search for a solution that will access, organize, and cleanse their data, enterprises have no alternative but to invest in high-end data optimization software.

Optimization 54

Optimization Enterprise Internet of Things Cost-Benefit 54

CIO Business Intelligence

OCTOBER 22, 2024

In today’s enterprise environments, security and networking teams may be siloed for a variety of reasons. The AI-native approach Artificial intelligence (AI) offers promise to quickly unify security and networking silos without disrupting enterprise operations. Poor communication prevents effective collaboration.

Cost-Benefit 135

Cost-Benefit Digital Transformation Enterprise Risk 135

CIO Business Intelligence

SEPTEMBER 7, 2023

This is leading to a multi-cloud approach that is increasingly ubiquitous among the most advanced enterprises. As the index shows, the benefits of such an approach are widely celebrated. Nor, according to most IT leaders, is it questioned whether organizations need to embrace a multi-cloud approach. There are also challenges.

Enterprise 105

Enterprise Management Cost-Benefit Optimization 105

CIO Business Intelligence

NOVEMBER 28, 2024

For enterprises operating on the cloud, security and cost management are rising concerns. Likewise, cloud cost management platforms and other FinOps tools have data that security teams can also leverage for alerting and reporting.

Cost-Benefit 126

Cost-Benefit Metrics Key Performance Indicator Reporting 126

Smart Data Collective

MAY 17, 2023

AI-Driven ERP Tools Are Becoming More Important than Ever AI tools are becoming more common in enterprise software. ERP systems have been stagnant for decades in managing and processing enterprise data. AI has a number of benefits for ERP software: AI technology can improve how ERP software handles and analyzes data.

Enterprise 102

Enterprise Cost-Benefit Software Data-driven 102

Smart Data Collective

APRIL 30, 2022

Not only are SaaS tools cost-effective, but they also allow your company to scale and optimize processes and costs, as well as increase productivity by utilizing internal data. We’ll go through the best SaaS management software for enterprises in this article. Best 7 SaaS management software for enterprises.

Software 106

Software Enterprise Management Cost-Benefit 106

CIO Business Intelligence

NOVEMBER 19, 2024

A cloud analytics migration project is a heavy lift for enterprises that dive in without adequate preparation. If expectations around the cost and speed of deployment are unrealistically high, milestones are missed, and doubt over potential benefits soon takes root. But this scenario is avoidable.

Analytics 85

Analytics Cost-Benefit Finance Data-driven 85

datapine

MAY 2, 2023

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. These applications are designed to benefit logistics and shipping companies alike. Did you know? Where is all of that data going to come from?

Big Data 275

Big Data Internet of Things Cost-Benefit Optimization 275