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. These HCM services include applicant tracking, compensation, talent, and learning management, as well as insurance and retirement services. We are so early in the game and doing a lot of experimentation.

Digital Transformation 116

Digital Transformation Experimentation Cost-Benefit Machine Learning 116

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. Insurance company Aflac is one company making sure this is the case to maintain human oversight over the AI, instead of letting it act completely autonomously.

Risk 136

Risk Insurance Cost-Benefit Software 136

CIO Business Intelligence

MARCH 6, 2023

CIOs along with researchers, consultants, and advisors agree that IT must change itself, how it works and how it organizes its workers, if it wants to gain the most benefits out of cloud computing. Moreover, the digital services team, because it is centralized, does this more efficiently, saving costs she says.

IT 140

IT Strategy Cost-Benefit Consulting 140

Occam's Razor

NOVEMBER 2, 2015

The benefits are numerous. Economic Value (EcV) is the value of short and long-term revenue and cost savings. The way it works is that you compute the total cost of your Social Media program: SM employee salaries and benefits, agency fees, content acquisition/production costs, analyst salaries, executive time invested etc.

B2B 167

B2B Metrics Recreation/Entertainment Testing 167

IBM Big Data Hub

APRIL 18, 2024

While leaders have some reservations about the benefits of current AI, organizations are actively investing in gen AI deployment, significantly increasing budgets, expanding use cases, and transitioning projects from experimentation to production. 46% of survey respondents in 2024 showed a preference for open source models.

Cost-Benefit 89

Cost-Benefit Manufacturing Modeling Interactive 89

Corinium

APRIL 25, 2019

Ahead of the Chief Data Analytics Officers & Influencers, Insurance event we caught up with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity to discuss how the industry is evolving. Are you seeing any specific issues around the insurance industry at the moment that should concern CDAOs?

Insurance 150

Insurance Risk IoT Data-driven 150

CIO Business Intelligence

FEBRUARY 3, 2023

The Queen’s death brings e-commerce innovation Hobbs joined The Royal Mint in January 2020, bringing 20 years of experience from financial services, where he worked for Barclays Bank, Barclaycard, Lloyds Banking Group and Admiral Insurance. How do they benefit you? How do they benefit the business?

IT 52

IT Experimentation Scorecard Digital Transformation 52

CIO Business Intelligence

OCTOBER 10, 2024

If they dump a pilot that’s not meeting expectations too soon, they may miss out on huge benefits down the line, but if they hang on too long, they can waste huge amounts of time, money, and resources. On the one side, Forrester recently warned organizations not to look for AI ROI too soon, because they could miss out on AI’s benefits.

ROI 135

ROI Experimentation Cost-Benefit Metrics 135

CIO Business Intelligence

FEBRUARY 12, 2025

If you really want to get the value of AI and scale experimentation, you have to combine it with your citizen development strategy. The majority of firms have citizen development strategies and Bratincevic claims there are documented examples of people whove gotten hundreds of millions of dollars of benefit out of it.

Experimentation 111

Experimentation Cost-Benefit Risk Insurance 111

CIO Business Intelligence

FEBRUARY 5, 2025

Around 60% of global CIOs believe that increased revenue alone justifies the cost of AI, and a similar proportion says time savings are sufficient to validate the investment. For example, if a companys strategy is cost leadership, the CIO would prioritize projects that drive efficiency to lower costs.

Cost-Benefit 117

Cost-Benefit ROI Metrics Measurement 117

CIO Business Intelligence

MARCH 6, 2025

The blockchain experimentation thats happening is what youre willing to burn, and its more an experiment to see what is possible, but its not replacing your existing processes or tools. A recent criticism of blockchain comes from Jim Fowler, CTO at insurance carrier Nationwide. We understand why its not being taken up.

Insurance 131

Insurance Cost-Benefit Experimentation Technology 131