CIO Business Intelligence

NOVEMBER 1, 2024

It’s a full-fledged platform … pre-engineered with the governance we needed, and cost-optimized. One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age.

IT 105

IT Insurance Consulting Risk 105

CIO Business Intelligence

MARCH 25, 2025

Through needs-based shoring, the company can benefit from additional efficiency gains. With the Digital Agenda , the European Union is creating clear and uniform rules for the responsible use of data and artificial intelligence. In this context, clear responsibilities lie primarily with IT, legal, compliance and data protection departments.

IT 95

IT Key Performance Indicator Risk Reporting 95

CIO Business Intelligence

JULY 22, 2024

IT leader and former CIO Stanley Mwangi Chege has heard executives complain for years about cloud deployments, citing rapidly escalating costs and data privacy challenges as top reasons for their frustrations. They, too, were motivated by data privacy issues, cost considerations, compliance concerns, and latency issues.

Optimization 128

Optimization Strategy IT Cost-Benefit 128

CIO Business Intelligence

JANUARY 21, 2025

CIOs were given significant budgets to improve productivity, cost savings, and competitive advantages with gen AI. CIOs feeling the pressure will likely seek more pragmatic AI applications, platform simplifications, and risk management practices that have short-term benefits while becoming force multipliers to longer-term financial returns.

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

CIO Business Intelligence

FEBRUARY 26, 2025

The term refers in particular to the use of AI and machine learning methods to optimize IT operations. The legacy challenge It is a paradox of IT infrastructure that unlike startups, which can simply start from scratch large companies in particular find it more difficult to modernize and optimize, as Marc Schmidt from Avodaq knows.

IT 85

IT Cost-Benefit Optimization Machine Learning 85

CIO Business Intelligence

DECEMBER 11, 2024

Travel and expense management company Emburse saw multiple opportunities where it could benefit from gen AI. Both types of gen AI have their benefits, says Ken Ringdahl, the companys CTO. Another benefit is that with open source, Emburse can do additional model training. Its possible to opt-out, but there are caveats.

Cost-Benefit 115

Cost-Benefit Modeling Marketing Sales 115

CIO Business Intelligence

MARCH 4, 2025

From AI models that boost sales to robots that slash production costs, advanced technologies are transforming both top-line growth and bottom-line efficiency. Operational efficiency: Logistics firms employ AI route optimization, cutting fuel costs and improving delivery times. It was hard to imagine this pace 5-10 years ago.

Technology 118

Technology ROI Cost-Benefit Manufacturing 118

datapine

JANUARY 24, 2021

An average business user and cross-departmental communication will increase its effectiveness, decreasing time to make actionable decisions and, consequently, provide a cost-effective solution. In our cutthroat digital age, the importance of setting the right data analysis questions can define the overall success of a business.

IT 317

IT Statistics KPI Data-driven 317

AWS Big Data

NOVEMBER 6, 2024

As applications process more and more data over time, customers are looking to reduce the compute costs for their stream processing applications. which enables you to reduce your stream processing cost by up to 33% compared to previous KCL versions. Additionally, we cover additional benefits that KCL 3.0 We then show how KCL 3.0

Cost-Benefit 115

Cost-Benefit Metadata Optimization Publishing 115

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.

Metadata 111

Metadata Snapshot Cost-Benefit Optimization 111

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?

Big Data 275

Big Data Internet of Things Cost-Benefit Optimization 275

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. Optimize workflows by redesigning processes based on data-driven insights. It also offered a chatbot that utilized Amazon Lex.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

O'Reilly on Data

SEPTEMBER 15, 2020

AI Benefits and Stakeholders. AI is a field where value, in the form of outcomes and their resulting benefits, is created by machines exhibiting the ability to learn and “understand,” and to use the knowledge learned to carry out tasks or achieve goals. AI-generated benefits can be realized by defining and achieving appropriate goals.

Advertising 362

Advertising Cost-Benefit ROI Machine Learning 362

CIO Business Intelligence

JANUARY 21, 2025

But alongside its promise of significant rewards also comes significant costs and often unclear ROI. For CIOs tasked with managing IT budgets while driving technological innovation, balancing these costs against the benefits of GenAI is essential.

Cost-Benefit 98

Cost-Benefit ROI Measurement Strategy 98

CIO Business Intelligence

JANUARY 5, 2025

Research from Gartner, for example, shows that approximately 30% of generative AI (GenAI) will not make it past the proof-of-concept phase by the end of 2025, due to factors including poor data quality, inadequate risk controls, and escalating costs. [1] AI in action The benefits of this approach are clear to see.

Enterprise 124

Enterprise Cost-Benefit Unstructured Data Data Quality 124

datapine

AUGUST 19, 2020

In our cutthroat digital economy, massive amounts of data are gathered, stored, analyzed, and optimized to deliver the best possible experience to customers and partners. At the same time, inventory metrics are needed to help managers and professionals in reaching established goals, optimizing processes, and increasing business value.

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

CIO Business Intelligence

JANUARY 21, 2025

Wei also noted that chemical supply costs in the US are substantially higher, citing the need to ship sulfuric acid from Taiwan to Los Angeles and then transport it to Arizona by truck. Supply chain constraints, such as higher material costs and logistical challenges, further increase expenses.

Manufacturing 116

Manufacturing Cost-Benefit Recreation/Entertainment Technology 116

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 123

Risk Cost-Benefit Data-driven Digital Transformation 123

CIO Business Intelligence

NOVEMBER 19, 2024

Those that leverage LLM’s strengths, such as handling natural language tasks, automating repetitive processes and executing well-defined tasks will be those that are most successful. The analyst firm Forrester named AI agents as one of its top 10 emerging technologies this year and that it will deliver benefits in the next two to five years.

Testing 135

Testing Cost-Benefit Interactive ROI 135

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

CIO Business Intelligence

NOVEMBER 19, 2024

If expectations around the cost and speed of deployment are unrealistically high, milestones are missed, and doubt over potential benefits soon takes root. The right tools and technologies can keep a project on track, avoiding any gap between expected and realized benefits. But this scenario is avoidable.

Analytics 97

Analytics Cost-Benefit Finance Data-driven 97

AWS Big Data

NOVEMBER 22, 2024

Benefits of the dbt adapter for Athena We have collaborated with dbt Labs and the open source community on an adapter for dbt that enables dbt to interface directly with Athena. This feature reduces the amount of data scanned by Athena, resulting in faster query performance and lower costs.

Data Lake 100

Data Lake Data Warehouse Cost-Benefit Data Transformation 100

CIO Business Intelligence

JANUARY 21, 2025

In todays fast-paced digital landscape, organizations are under constant pressure to adopt new technologies quickly, manage costs effectively, and maintain robust security and compliance standards. Procuring through AWS Marketplace has a number of benefits.

Cost-Benefit 98

Cost-Benefit Optimization Software Management 98

CIO Business Intelligence

MARCH 19, 2025

While energy savings and waste reduction efforts may provide tangible cost benefits, the long-term reputational and regulatory advantages of ESG alignment are harder to measure. Demonstrate business value : Frame sustainability initiatives as cost-saving measures that enhance operational efficiency.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

MARCH 19, 2025

The next evolution of AI has arrived, and its agentic. AI agents are powered by the same AI systems as chatbots, but can take independent action, collaborate to achieve bigger objectives, and take over entire business workflows. The technology is relatively new, but all the major players are already on board.

Software 143

Software Risk Enterprise Cost-Benefit 143

datapine

APRIL 13, 2021

Starting with its definition, following with the benefits of agency reports, a list of tools, and a set of agency dashboard examples. Explore our 14 days free trial & benefit from interactive agency reports! Agencies benefit from interactive dashboard tools to prove the success of their strategies and campaigns to clients.

Dashboards 256

Dashboards Reporting Analytics Cost-Benefit 256

AWS Big Data

AUGUST 21, 2024

To address this requirement, Redshift Serverless launched the artificial intelligence (AI)-driven scaling and optimization feature, which scales the compute not only based on the queuing, but also factoring data volume and query complexity. The slider offers the following options: Optimized for cost – Prioritizes cost savings.

Optimization 104

Optimization Data Lake Data Warehouse Cost-Benefit 104

Cloudera

JANUARY 7, 2025

Adopting hybrid and multi-cloud models provides enterprises with flexibility, cost optimization, and a way to avoid vendor lock-in. Cost Savings: Hybrid and multi-cloud setups allow organizations to optimize workloads by selecting cost-effective platforms, reducing overall infrastructure costs while meeting performance needs.

Cost-Benefit 82

Cost-Benefit Optimization Strategy Data-driven 82

CIO Business Intelligence

DECEMBER 9, 2024

A primary benefit of cloud replatforming is that it gives organizations the flexibility to update, maintain or customize applications with extended functionality aimed at customers and employees. More efficient workloads and processes allow organizations to reapply cost savings in other areas of the business.

Cost-Benefit 98

Cost-Benefit Optimization Data-driven Marketing 98

AWS Big Data

NOVEMBER 19, 2024

This offering is designed to provide an even more cost-effective solution for running Airflow environments in the cloud. micro characteristics, key benefits, ideal use cases, and how you can set up an Amazon MWAA environment based on this new environment class. micro reflect a balance between functionality and cost-effectiveness.

Metadata 111

Metadata Cost-Benefit Metrics Optimization 111

David Menninger's Analyst Perspectives

JANUARY 21, 2025

MongoDB has benefited from a focus on the needs of development teams to deliver innovation through the development of data-driven applications. The latest version also adds data sharding improvements to accelerate horizontal scaling, as well as new controls that enable administrators to optimize database performance during spikes in demand.

Data Lake 130

Data Lake IoT Cost-Benefit Enterprise 130

datapine

JUNE 23, 2020

Benefit from great CFO dashboards & reports! This most essential of CFO dashboard examples drills into the four key financial areas that are most relevant to modern chief financial officers: costs, sales goals, gross profit, and satisfaction levels — both customer and employee. Benefit from great CFO dashboards & reports!

Dashboards 298

Dashboards Reporting KPI Metrics 298

datapine

JUNE 5, 2019

Business intelligence (BI) is a term that relates to the applications, infrastructure, practices, and tools that empower businesses to access a broad range of analytical data for improvement, campaign optimization , and enhanced decision-making that maximizes performance. “It is a capital mistake to theorize before one has data.”–

Dashboards 316

Dashboards KPI Sales Visualization 316

O'Reilly on Data

APRIL 23, 2024

But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. Why is it that Google, a company once known for its distinctive “Do no evil” guideline, is now facing the same charges of “surveillance capitalism” as Facebook, a company that never made such claims? What Is Economic Rent?

Advertising 338

Advertising Cost-Benefit Marketing Risk 338

CIO Business Intelligence

OCTOBER 10, 2024

This could involve adopting cloud computing, optimizing data center energy use, or implementing AI-powered energy management tools. CIOs must stay informed about emerging solutions that reduce the energy demands of AI and blockchain while maintaining their operational benefits.

Metrics 124

Metrics Optimization Strategy Technology 124