CIO Business Intelligence

OCTOBER 17, 2023

The cost of running old applications and the infrastructure that supports them is problematic. Simply lifting and shifting current code to the cloud doesn’t help and can cost much more. To make a difference, applications must be fundamentally “rebuilt” to gain the desired benefits. So, what to do?

Cost-Benefit 126

Cost-Benefit Testing Risk Enterprise 126

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 140

Cost-Benefit Metrics Key Performance Indicator Reporting 140

CIO Business Intelligence

NOVEMBER 27, 2024

Recent research shows that 67% of enterprises are using generative AI to create new content and data based on learned patterns; 50% are using predictive AI, which employs machine learning (ML) algorithms to forecast future events; and 45% are using deep learning, a subset of ML that powers both generative and predictive models.

Data Architecture 128

Data Architecture Cost-Benefit Machine Learning Experimentation 128

CIO Business Intelligence

JANUARY 3, 2024

In fact, VSM has been shown to deliver significant organizational benefits and quantifiable, financial ROI. In November 2023, Forrester Consulting conducted a Total Economic Impact™ (TEI) study, commissioned by Broadcom, which found organizations using ValueOps, a dedicated VSM solution, can realize significant financial benefits.

Management 133

Management Cost-Benefit ROI Data-driven 133

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

datapine

SEPTEMBER 29, 2022

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. Let’s examine the benefits of high-quality data in marketing. 1 – The people.

Data Quality 241

Data Quality Metrics Data-driven Management 241

CIO Business Intelligence

JULY 25, 2024

But the outage has also raised questions about enterprise cloud strategies and resurfaced debate about overly privileged software , as IT leaders look for takeaways from the disastrous event. Such a scenario extends to security breaches and other events that can have more systemic impact on countries and industries.

Risk 144

Risk Cost-Benefit Strategy Enterprise 144

Smart Data Collective

OCTOBER 13, 2021

Data virtualization is becoming more popular due to its huge benefits. What benefits does it bring to businesses? Physically moving and storing the same data in different repositories multiplies costs and slows down processes when IT changes need to be made. What is the cost and ROI of Data Virtualization?

Visualization 136

Visualization Cost-Benefit Big Data Prescriptive Analytics 136

datapine

JANUARY 6, 2022

Prescriptive analysis: Also powered by predictions, the prescriptive analysis method uses techniques such as graph analysis, complex event processing, neural networks, among others, to try to unravel the effect that future decisions will have in order to adjust them before they are actually made. minimal growth). Let’s take a look!

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

CIO Business Intelligence

MARCH 5, 2024

With FutureIT Los Angeles coming up on March 12, we asked event speaker Maureen Fleming, Program Vice President at IDC, to discuss her top three predictions for AI and automation business adoption. But that’s about to change, said Fleming, as executive leadership seeks to understand how AI and automation benefit the bottom line.

Key Performance Indicator 116

Key Performance Indicator Cost-Benefit KPI Software 116

Smart Data Collective

JUNE 19, 2022

The benefits of AI stem from the need to manage close relationships with business stakeholders, which is a difficult task. You can use predictive analytics tools to anticipate different events that could occur. Price and Cost Risk. AI technology has been helpful for businesses in different industries for years. Quality Risk.

Risk 134

Risk Cost-Benefit Risk Management Manufacturing 134

CIO Business Intelligence

FEBRUARY 27, 2023

Since then, Barioni has taken control of the situation, putting into action a multi-year plan to move over half of Reale Group’s core applications and services to just two public clouds in a quest for cost optimization and innovation. Why build a multicloud infrastructure?

Cost-Benefit 143

Cost-Benefit Insurance Enterprise Optimization 143

CIO Business Intelligence

MAY 15, 2024

Cost remains the biggest driver for multicloud. To be successful, CIOs must understand the costs and benefits of such a migration, as well as factors such as life cycle management and the impact on staff. Attendees discussed the cost impact of moving from legacy systems to a hybrid model.

Cost-Benefit 110

Cost-Benefit B2B Data Processing Technology 110

O'Reilly on Data

OCTOBER 22, 2020

What’s the cost of doing nothing? When a prospect contacts me to discuss a project, I find it helpful to compare the cost of the desired change to the cost of another-change or even to the cost of the not-change. What costs do you incur, what exposures do take on now? And six months from now?”

Consulting 299

Consulting Risk Cost-Benefit Modeling 299

Smart Data Collective

JULY 19, 2021

When you decide to relocate or broaden your data center, you need to take into account the costs, operational capability, and security. Benefits Of Data Center Colocation. This is probably the second most adored benefit of data center colocation solutions. On the other hand, retail providers deal with smaller spaces.

Cost-Benefit 133

Cost-Benefit Risk Management Risk Consulting 133

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

One new and interesting topic covered at the event was process mining, which Infor is introducing in its various cloud suites. Process mining analyzes event data from the logs of software applications to understand how processes are designed to perform and how they actually perform.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

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

JANUARY 16, 2023

Choice Hotels International’s early and big bet on the cloud has allowed it to glean the many benefits of its digital transformation and devote more energies to a key corporate value — sustainability, its CIO maintains. It also helped reduce energy consumption and costs.

Cost-Benefit 144

Cost-Benefit Digital Transformation Data Warehouse Data-driven 144

datapine

JUNE 15, 2023

Keep reading to find a definition, benefits, examples, and some key best practices to generate them successfully! Let’s dive deeper into the benefits below. This time, including valuable forecasts for costs and income. click to enlarge** The template above focuses on revenue, costs, and net profit.

Reporting 207

Reporting Dashboards Cost-Benefit Sales 207

datapine

MARCH 25, 2020

While every manager seeks how to increase productivity and decrease business costs, some invaluable processes can push towards sustainable business development – automated reporting and systems are the answer you’ve been looking for. Automated report scheduling has numerous benefits across industries. click to enlarge**.

Reporting 209

Reporting Dashboards Manufacturing Visualization 209

CIO Business Intelligence

APRIL 12, 2023

The underpinning architecture needs to include event-streaming technology, high-performing databases, and machine learning feature stores. All of this needs to work cohesively in a real-time ecosystem and support the speed and scale necessary to realize the business benefits of real-time AI. It isn’t easy.

Machine Learning 145

Machine Learning Cost-Benefit Data-driven Strategy 145

AWS Big Data

DECEMBER 20, 2023

One of the most common questions we get from customers is how to effectively optimize costs on AWS Glue. Over the years, we have built multiple features and tools to help customers manage their AWS Glue costs. For example, AWS Glue Auto Scaling and AWS Glue Flex can help you reduce the compute cost associated with processing your data.

Cost-Benefit 105

Cost-Benefit Optimization Big Data Data Integration 105

Smart Data Collective

SEPTEMBER 28, 2022

Last year, HubSpot published an article on the benefits of using AI for call center management. Though automated outbound calling holds a lot of benefits like low time expenditure and low costs, is it really effective? Benefits of Using AI to Handle Automated Calling. Low Call Center Costs. Increased Productivity.

Technology 125

Technology Cost-Benefit Advertising Marketing 125

CIO Business Intelligence

NOVEMBER 19, 2024

High costs Failing: The infrastructure and computational costs for training and running GenAI models are significant. Key takeaway: Cost management strategies are crucial for sustainable AI deployment. Key takeaway: A well-planned integration strategy can smooth the transition and maximize AI benefits.

Consulting 137

Consulting Cost-Benefit Experimentation Optimization 137

AWS Big Data

OCTOBER 30, 2023

It’s designed for both batch and event-based workloads, handling data payload sizes from 10 KB to 400 MB. This framework is ideal for batch analytics workloads from Amazon Simple Storage Service (Amazon S3) and event-based streaming from Amazon Managed Streaming for Apache Kafka (Amazon MSK) and Amazon Kinesis.

Cost-Benefit 123

Cost-Benefit Data Processing Enterprise Publishing 123

CIO Business Intelligence

MARCH 10, 2023

The result is a more efficient, cost-effective, and productive cyber workforce. The benefits of automation Automation can do many things, from detecting potential threats to containing and resolving threats. Every alert and event handled are learned from for future purposes. Learn more about the benefits of consolidation.

Digital Transformation 143

Digital Transformation Cost-Benefit ROI Risk 143

CIO Business Intelligence

FEBRUARY 10, 2023

Organizations use predictive analytics to sift through current and historical data to detect trends and forecast events and conditions that should occur at a specific time, based on supplied parameters. Benefits of predictive analytics Predictive analytics makes looking into the future more accurate and reliable than previous tools.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

CIO Business Intelligence

AUGUST 29, 2024

IDC’s North American Tools/Vendors Consolidation Survey, November 2023; number of tools/vendors n = 508, plans to consolidate n = 592 Cost, frustration, and security issues Having dozens or hundreds of security tools with overlapping functionality creates more than just confusion. But are more security tools always the answer?

Cost-Benefit 124

Cost-Benefit Enterprise Software Marketing 124

CIO Business Intelligence

OCTOBER 30, 2023

“Just the efficiencies gained from governing and staffing provided cost savings,” claimed Newman. What you see is maximizing the ROI.” Conclusion By employing VSM principles and solutions, businesses around the world are realizing significant dividends. To learn more, be sure to visit our VSM Summit On-Demand page.

Management 144

Management Digital Transformation Cost-Benefit ROI 144

CIO Business Intelligence

MAY 30, 2024

“To achieve that, we needed a cost-effective solution that could streamline workflows, provide a robust view of procurement processes in real-time, identify rogue spending, and enable us to audit all agencies by the Dec. The demand is coming from companies [that] have been told by strategy firms that they must cut costs to preserve margins.

IT 140

IT Cost-Benefit Key Performance Indicator Dashboards 140

CIO Business Intelligence

SEPTEMBER 8, 2022

Gathering and processing data quickly enables organizations to assess options and take action faster, leading to a variety of benefits, said Elitsa Krumova ( @Eli_Krumova ), a digital consultant, thought leader and technology influencer. Advanced analytics can enhance events with scoring models, expanded business rules, or even new data.”.

Cost-Benefit 122

Cost-Benefit Internet of Things Data-driven Data Lake 122

Smart Data Collective

NOVEMBER 14, 2022

Most of the discussions on the benefits of AI focus on helping traditional businesses boost their bottom line. However, AI also offers many benefits for nonprofits. Dr. Lobna Karoui of the Forbes Nonprofit Council wrote an article on the many excellent benefits of AI. One of the biggest benefits pertains to fundraising.

Cost-Benefit 126

Cost-Benefit Software Management Technology 126

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. Adopt modern technologies : Streamline modernization efforts with modern technologies to improve scalability, agility, and cost efficiency.

Cost-Benefit 110

Cost-Benefit Key Performance Indicator ROI Strategy 110

CIO Business Intelligence

NOVEMBER 20, 2023

This reduces costs while improving customer experience. Hotels could dynamically adjust room rates based on traffic forecasts, weather conditions, and events in the area. Deloitte estimates that predictive maintenance increases productivity by 25%, reduces breakdowns by 70% and lowers overall maintenance costs by 25%.

Sales 131

Sales Cost-Benefit Manufacturing Forecasting 131

CIO Business Intelligence

NOVEMBER 8, 2023

1 The rapid migration to the public cloud comes with numerous benefits, such as scalability, cost-efficiency, and enhanced collaboration. 6 On top of that, the average cost of a data breach is over $4.4 6 On top of that, the average cost of a data breach is over $4.4 Operational costs. 8 Complexity. 8 Complexity.

Cost-Benefit 135

Cost-Benefit Risk Digital Transformation Reporting 135

AWS Big Data

FEBRUARY 12, 2024

It makes it fast, simple, and cost-effective to analyze all your data using standard SQL and your existing business intelligence (BI) tools. Gupshup chose Aurora PostgreSQL as the operational reporting layer due to its anticipated increase in concurrency and cost-effectiveness for queries that retrieve only precalculated metrics.

Analytics 108

Analytics Data Warehouse Snapshot Cost-Benefit 108

AWS Big Data

JANUARY 9, 2025

Our experiments are based on real-world historical full order book data, provided by our partner CryptoStruct , and compare the trade-offs between these choices, focusing on performance, cost, and quant developer productivity. Data management is the foundation of quantitative research. select(f.year("adapterTimestamp_ts_utc").alias("year"),

Metadata 100

Metadata Snapshot Cost-Benefit Optimization 100