David Menninger's Analyst Perspectives

NOVEMBER 7, 2024

The origins of Capital One Slingshot began with the need to develop internal tooling to ensure that the company realized potential business value improvements by managing costs and automating governance processes. Failure to make the most efficient use of cloud infrastructure can result in unexpected costs.

Data Warehouse 130

Data Warehouse Cost-Benefit Data Lake Software 130

CIO Business Intelligence

MARCH 22, 2023

However, they face a significant challenge in ensuring privacy due to sensitive Personally Identifiable Information (PII) in most enterprise datasets. Then the trained models become consumers of vast amounts of data to gain insights to inform business decisions. Safeguarding PII is not a new problem.

Machine Learning 105

Machine Learning Cost-Benefit Modeling Risk 105

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

CIO Business Intelligence

NOVEMBER 19, 2024

Provide transparency back to the original data source to allow verification of information. 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.

Consulting 126

Consulting Cost-Benefit Experimentation Optimization 126

datapine

OCTOBER 11, 2023

Keep on reading to learn a definition, benefits, and a warehouse KPI list with the most prominent examples any manager should be tracking to achieve operational success. It allows for informed decision-making and efficient risk mitigation. With the power of data, you can boost your warehouse efficiency at the lowest possible cost.

Metrics 217

Metrics KPI Management Cost-Benefit 217

CIO Business Intelligence

AUGUST 30, 2024

As HR technology evolves, professionals in the sector need to understand not only how the solutions function, but how to extract the most benefit from emerging system capabilities. The best way to accomplish this is through human resources information management (HRIM) and human resources information systems (HRIS) certification.

Cost-Benefit 118

Cost-Benefit Risk Management Strategy Testing 118

David Menninger's Analyst Perspectives

OCTOBER 29, 2024

Back-end applications that use AI to produce or analyze information that comes from or is delivered to agents. The latter applications do more for sales and marketing teams that use the information to orchestrate processes leading to desired outcomes—many of which relate to revenue and company health.

Key Performance Indicator 130

Key Performance Indicator Cost-Benefit Interactive Measurement 130

O'Reilly on Data

APRIL 23, 2024

Not to be confused with the ordinary sense of rent as a charge for temporary use of property, economic rents are the income above a competitive market rate that is collected because of asymmetries in ownership, information, or power. But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last.

Advertising 276

Advertising Cost-Benefit Marketing Risk 276

CIO Business Intelligence

OCTOBER 10, 2024

Despite SaaS’s widespread use, its distinct pricing and consumption methods make cost management difficult. SaaS billing, in contrast to conventional on-premises software licenses, frequently entails intricate, consumption-based pricing, which makes cost control more challenging.

Cost-Benefit 115

Cost-Benefit Business Objectives Finance Enterprise 115

CIO Business Intelligence

JULY 11, 2024

Across the board, concerns around security, response accuracy, and costs have forced most businesses to slow down their planned initiatives and be more strategic about the balance between cost and benefit,” Lucidworks said in a statement. This choice deeply affects a manufacturer’s competitiveness, George added.

Manufacturing 124

Manufacturing Cost-Benefit Data Quality Modeling 124

CIO Business Intelligence

SEPTEMBER 17, 2024

Businesses reduce operating costs by having fewer people involved in uncovering why something went wrong and less labor spent resolving issues. The business benefits are significant: Network observability simplifies administration, optimizes network performance, and improves business results (see Network Efficiencies box).

Enterprise 116

Enterprise Cost-Benefit Optimization Reporting 116

CIO Business Intelligence

NOVEMBER 14, 2023

“Today we face the harsh reality of cloud costs, if not done right,” says Jay Upchurch, executive vice president and CIO at SAS. Cloud costs will often — and rapidly — become large line items on budgets. Cloud costs will often — and rapidly — become large line items on budgets. Are we taking advantage of cloud-native benefits?

Strategy 145

Strategy Cost-Benefit IT Key Performance Indicator 145

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. Focus on automation to enhance speed, quality, and real-time information. Emphasize the long-term benefits of a modernized application portfolio.

Cost-Benefit 110

Cost-Benefit Key Performance Indicator ROI Strategy 110

CIO Business Intelligence

SEPTEMBER 12, 2024

Recent research by Vanson Bourne for Iron Mountain found that 93% of organizations are already using genAI in some capacity, while Gartner research suggests that genAI early adopters are experiencing benefits including increases in revenue (15.8%), cost savings (15.2%) and productivity improvements (22.6%), on average.

ROI 110

ROI Cost-Benefit Unstructured Data Metadata 110

CIO Business Intelligence

SEPTEMBER 12, 2024

The cost of compliance These challenges are already leading to higher costs and greater operational risk for enterprises. It’s thought that 94% of annual compliance costs stem from the labor-intensity of this business area. According to figures from the Cato Institute, U.S firms spend on average 1.3% ‒ 3.3%

Data-driven 106

Data-driven Management Cost-Benefit Risk 106

BizAcuity

NOVEMBER 13, 2024

A skilled business intelligence consultant helps organizations turn raw data into insights, providing a foundation for smarter, more informed decision-making. Making decisions based on data, rather than intuition alone, brings benefits such as increased accuracy, reduced risks, and deeper customer insights.

Consulting 52

Consulting Data-driven Cost-Benefit Business Intelligence 52

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 ROI Cost-Benefit Data-driven 133

CIO Business Intelligence

NOVEMBER 12, 2024

Even those paying attention back then have been hit with what they consider even more egregious changes, and some are citing licensing cost increases of 300% or more. Here are some steps to plan for: Demand your sales representative answer your renewal questions and keep demanding until you get an informed response.

Software 105

Software Cost-Benefit Modeling Sales 105

CIO Business Intelligence

OCTOBER 24, 2024

But recent research by Ivanti reveals an important reason why many organizations fail to achieve those benefits: rank-and-file IT workers lack the funding and the operational know-how to get it done. There are enormous benefits in improving digital employee experience, and DEX remains an area that executive leaders are optimistic about.

IT 109

IT Metrics Cost-Benefit Measurement 109

CIO Business Intelligence

OCTOBER 29, 2024

As research suggests, the potential benefits of generative AI (genAI) adoption far outweigh the challenges, making it imperative for businesses to adopt a strategic approach toward scaling their AI implementation while observing guidelines for ESG compliance. New key metrics to capture include: Alignment with strategic goals.

Enterprise 119

Enterprise Cost-Benefit Metrics Strategy 119

CIO Business Intelligence

OCTOBER 29, 2024

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. This should include a clearly defined approach, expected benefits, and how those benefits will be measured,” he states.

IT 139

IT Cost-Benefit Strategy Risk 139

CIO Business Intelligence

OCTOBER 21, 2024

Thoroughly review e-invoices for accuracy, and make sure the format and information are in accordance with the governing body. One of the biggest shifts is related to the e-invoicing regulations, which are becoming obligatory in an increasing number of countries. Why are so many countries going paperless?

Cost-Benefit 110

Cost-Benefit Optimization Risk Reporting 110

CIO Business Intelligence

OCTOBER 2, 2024

One being knowledge management (KM), consisting of collecting enterprise information, categorizing it, and feeding it to a model that allows users to query it. Data management, when done poorly, results in both diminished returns and extra costs. During the blending process, duplicate information can also be eliminated.

Management 141

Management Data Governance Cost-Benefit Structured Data 141

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

CIO Business Intelligence

AUGUST 9, 2024

Companies eager to harness these benefits can leverage ready-made, budget-friendly models and customize them with proprietary business data to quickly tap into the power of AI. But first, they need to consider where it fits in their organization, which processes will benefit the most, whether to buy or build it, and what it’ll cost.

Cost-Benefit 140

Cost-Benefit Data Governance Interactive Modeling 140

CIO Business Intelligence

AUGUST 8, 2024

Gen AI offers many opportunities to spend too much and get too little in return when, instead, companies can use their gen AI budgets more strategically, allowing them to reap more benefits from investments and pull ahead of their competitors. Last year, only 3% of respondents said that gen AI implementation cost was a concern.

Cost-Benefit 140

Cost-Benefit Modeling Consulting Enterprise 140

CIO Business Intelligence

APRIL 18, 2024

A new breed of AI assistant has set its sights on the enterprise user in recent months, with Microsoft and other vendors promising huge productivity gains that offset the cost. Its Copilot for Microsoft 365, a high-profile offering among the growing list of AI agents, costs $30 per seat per month, with a 300-seat minimum.

Cost-Benefit 140

Cost-Benefit ROI Sales Enterprise 140

CIO Business Intelligence

SEPTEMBER 9, 2024

Enterprises want to enjoy genAI’s many advantages and gain a competitive edge, but they need guidance on putting genAI to work and reassurance that it delivers tangible business benefits. Some of the most promising early applications address common enterprise pain points, including overburdened staff and escalating operational costs.

Cost-Benefit 126

Cost-Benefit ROI Enterprise Data-driven 126

CIO Business Intelligence

JANUARY 8, 2024

For instance, with our internal customer support requests, we aggregate valuable information,” she notes. Until recently, such information was hard to find and ad hoc at best. Skill-building will inform how we provide training as well as how team members can grow their careers.”

Cost-Benefit 142

Cost-Benefit Digital Transformation Optimization Measurement 142

CIO Business Intelligence

JULY 18, 2024

“It’s very reminiscent of the early days of cloud when it was ‘weapons-free’ on spending with everyone trying to implement cloud — and now genAI — everywhere but with little to no cost control or governance,” he says. We’ve already seen the cost of AI really start to negatively impact cloud budgets,” he says. “In

Cost-Benefit 136

Cost-Benefit Experimentation Consulting Modeling 136

CIO Business Intelligence

MAY 2, 2024

Why your business needs a cloud-based print management solution If your business isn’t using a cloud-based print management solution, you’re missing out on a range of efficiency, environmental and security benefits. Each service offers slightly different benefits depending on business requirements. It is quick to install and set up.

Management 98

Management Cost-Benefit Data Processing Software 98

CIO Business Intelligence

APRIL 10, 2024

Yet the calculus may not be so simple when one considers the costs to operate there as well as the fact that GenAI systems sometimes produce outputs that even data engineers, data scientists, and other data-obsessed individuals struggle to understand. The engines use this information to recommend content based on users’ preference history.

Cost-Benefit 135

Cost-Benefit Modeling Strategy Interactive 135

Grooper

OCTOBER 23, 2019

With the increasing value of data and more tools to process and analyze information than ever before, companies with information governance and master data model programs are outpacing their peers. Simply storing information without a detailed road map for how the data can and should be used is not enough. How you compare.

Metrics 59

Metrics Measurement Strategy Data-driven 59

CIO Business Intelligence

MAY 24, 2024

This was one area addressed in the HP-sponsored IDC whitepaper on the benefits of integrating managed device services, published in April 2024 [1]. Register here to read the full HP-sponsored IDC whitepaper on the benefits of integrating managed device services. [1]

Management 110

Management IT Cost-Benefit Metrics 110

CIO Business Intelligence

SEPTEMBER 19, 2024

While indispensable for continued growth, these benefits are, crucially, more accessible than ever, even for those without the financial resources of bigger companies. Then there is the cost-efficiency of creating content through GenAI.

Cost-Benefit 115

Cost-Benefit Digital Transformation Marketing Optimization 115

Cloudera

JULY 10, 2024

There’s nothing worse than wasting money on unnecessary costs. In on-premises data estates, these costs appear as wasted person-hours waiting for inefficient analytics to complete, or troubleshooting jobs that have failed to execute as expected, or at all.

Cost-Benefit 98

Cost-Benefit Metadata Optimization Measurement 98