CIO Business Intelligence

NOVEMBER 21, 2024

With the right AI investments marking the difference between laggards and innovative companies, deploying AI at scale has become an essential strategy in today’s business landscape. The Dell AI Factory brings AI as close as possible to where data resides to minimize latency, secure proprietary information, and reduce costs.

IT 111

IT Cost-Benefit Optimization Manufacturing 111

datapine

JANUARY 24, 2021

It is not just important to gather all the existing information, but to consider the preparation of data and utilize it in the proper way, has become an indispensable value in developing a successful business strategy. For example, you need to develop a sales strategy and increase revenue. Data Is Only As Good As The Questions You Ask.

IT 317

IT Statistics KPI Data-driven 317

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. Crucially, the time and cost to implement AI have fallen.

Technology 118

Technology ROI Cost-Benefit Manufacturing 118

CIO Business Intelligence

DECEMBER 2, 2024

While CIOs understand the crushing weight of technical debt — now costing US companies $2.41 The more strategic concern isn’t just the cost— it’s that technical debt is affecting companies’ abilities to create new business, and saps the means to respond to shifting market conditions. You’re not alone.

ROI 136

ROI Cost-Benefit Metrics Strategy 136

CIO Business Intelligence

MARCH 25, 2025

The time required to familiarize oneself with the requirements and consequences of the various laws and to develop and roll out your organizations strategies and solutions should also not be underestimated. Develop a compliance strategy Companies should first develop the strategic direction of the compliance organization.

IT 95

IT Key Performance Indicator Risk Reporting 95

CIO Business Intelligence

JANUARY 3, 2025

But many enterprises have yet to start reaping the full benefits that AIOps solutions provide. Understanding the root cause of issues is one situational benefit of AIOps. Research respondents believe AI will positively impact IT complexity and improve business outcomes. Beneath the surface, however, are some crucial gaps.

IT 105

IT Cost-Benefit Data Science Data-driven 105

CIO Business Intelligence

DECEMBER 19, 2024

Below, I recap my virtual event conversation with two IT leaders, who shared their first-hand experience of the benefits that BMC Helix solutions have delivered in respective use cases. What if artificial intelligence (AI) could prevent 1,000 potential outages and improve IT service health and delivery by more than 75%?

IT 98

IT Insurance Cost-Benefit Optimization 98

CIO Business Intelligence

NOVEMBER 27, 2024

To fully benefit from AI, organizations must take bold steps to accelerate the time to value for these applications. People : To implement a successful Operational AI strategy, an organization needs a dedicated ML platform team to manage the tools and processes required to operationalize AI models.

Data Architecture 128

Data Architecture Cost-Benefit Machine Learning Experimentation 128

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

APRIL 1, 2024

Here veteran IT leaders and advisers offer eight strategies to speed up IT modernization. New tech moves from bleeding edge to mainstream at an ever-increasing pace. Consider how fast generative AI went from avant-garde to ubiquity: At under two years, it may be a record. Luckily, there are ways to slash the timelines on those projects.

Strategy 140

Strategy IT Digital Transformation ROI 140

CIO Business Intelligence

NOVEMBER 19, 2024

But shortsighted IT strategies, often pushed by CEOs seeking short-term gains, can saddle CIOs with increasing tech debt that can further undercut long-term outcomes and innovation. This year, many CIOs have focused on getting AI prototypes up and running without fully considering the long-term operating costs , he says.

Cost-Benefit 133

Cost-Benefit Risk Business Objectives Data-driven 133

CIO Business Intelligence

DECEMBER 10, 2024

CIOs have been able to ride the AI hype cycle to bolster investment in their gen AI strategies, but the AI honeymoon may soon be over, as Gartner recently placed gen AI at the peak of inflated expectations , with the trough of disillusionment not far behind. That doesnt mean investments will dry up overnight.

Sales 143

Sales Metrics Data-driven Measurement 143

CIO Business Intelligence

DECEMBER 19, 2024

It also has the benefit that as underlying AI costs drop over time service providers can extract more margin for this work. It also has the benefit that as underlying AI costs drop over time service providers can extract more margin for this work. Generally, its a fair trade for the customer and provider.

Cost-Benefit 128

Cost-Benefit Modeling ROI Marketing 128

CIO Business Intelligence

JANUARY 15, 2025

As a consequence, these businesses experience increased operational costs and find it difficult to scale or integrate modern technologies. Indeed, more than 80% of organisations agree that scaling GenAI solutions for business growth is a crucial consideration in modernisation strategies. [2] The solutionGenAIis also the beneficiary.

Cost-Benefit 124

Cost-Benefit Data-driven Enterprise Risk 124

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

AWS Big Data

JANUARY 9, 2025

In our previous post Backtesting index rebalancing arbitrage with Amazon EMR and Apache Iceberg , we showed how to use Apache Iceberg in the context of strategy backtesting. Our analysis shows that Iceberg can accelerate query performance by up to 52%, reduce operational costs, and significantly improve data management at scale.

Metadata 111

Metadata Snapshot Cost-Benefit Optimization 111

CIO Business Intelligence

JUNE 6, 2024

When it’s done well, every choice is calculated, made mindfully of both its short- and long-run impacts, and of the delicate balance in which it must hold certain key variables — cost, productivity, digital maturity, and the potential to build capabilities that last. Of the latter, 70% to 80% were supplied by strategic partners. “In

Strategy 122

Strategy IT Cost-Benefit Digital Transformation 122

CIO Business Intelligence

FEBRUARY 26, 2025

This could be, for example, problems with stability in IT operations or the potential for cost savings. The awareness gained in the process often leads to a grounding, also in management: Those who like to talk very loudly about AI, for example, quickly become very quiet again after taking a look at their existing IT infrastructure.

IT 85

IT Cost-Benefit Optimization Machine Learning 85

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 357

Advertising Cost-Benefit ROI Machine Learning 357

CIO Business Intelligence

OCTOBER 22, 2024

Cloud strategies are undergoing a sea change of late, with CIOs becoming more intentional about making the most of multiple clouds. A lot of ‘multicloud’ strategies were not actually multicloud. Today’s strategies are increasingly multicloud by intention,” she adds.

Strategy 128

Strategy Cost-Benefit Risk Enterprise 128

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

MARCH 19, 2025

However, embedding ESG into an enterprise data strategy doesnt have to start as a C-suite directive. Most data management conferences and forums focus on AI, governance and security, with little emphasis on ESG-related data strategies.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

FEBRUARY 27, 2024

The resulting infrastructure of choice — a combination of on-premises and hybrid-cloud platforms — will aim to reduce cost overruns, contain cloud chaos, and ensure adequate funding for generative AI projects. This refinement of thinking about the cloud comes as hefty AI costs loom on the horizon.

Strategy 144

Strategy Cost-Benefit Data Processing Data-driven 144

datapine

AUGUST 12, 2020

Whether you manage a big or small company, business reports must be incorporated to establish goals, track operations, and strategy, to get an in-depth view of the overall company state. Knowing how to prepare and create one with the help of an online data analysis tool can reduce costs and time to decide on a relevant course of action.

Reporting 297

Reporting Dashboards Visualization Cost-Benefit 297

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

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

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

datapine

JUNE 23, 2020

Not only are you responsible for the ongoing financial strategy of your organization, but you’re probably expected to provide timely, accurate reports to a variety of stakeholders. Benefit from great CFO dashboards & reports! With so much responsibility and such little time, financial data analysis is no easy feat.

Dashboards 298

Dashboards Reporting KPI Metrics 298

datapine

JUNE 5, 2019

As mentioned earlier, a data dashboard has the ability to answer a host of business-related questions based on your specific goals, aims, and strategies. “It is a capital mistake to theorize before one has data.”– Arthur Conan Doyle. Data is all around us. That’s an unfathomable amount of information.

Dashboards 316

Dashboards KPI Sales Visualization 316

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 121

Risk Cost-Benefit Data-driven Digital Transformation 121

CIO Business Intelligence

DECEMBER 19, 2024

The key areas we see are having an enterprise AI strategy, a unified governance model and managing the technology costs associated with genAI to present a compelling business case to the executive team. But without a vision and enterprise AI strategy, backed with a use case roadmap and strong business cases, this cannot be recognized.

Experimentation 97

Experimentation Cost-Benefit Enterprise Strategy 97

DataKitchen

JANUARY 6, 2021

An effective DataOps strategy can help a team invert this ratio and provide more value to the company. . Thirty-six percent of the total time of a ten-person team, based on a full-time employee (FTE) cost of $156,000 amounts to $561,000. Cost of Slow Decision Making. If it can be wrong, test it. Insourcing Through DataOps.

Cost-Benefit 246

Cost-Benefit Testing Strategy Consulting 246

datapine

AUGUST 19, 2020

Indeed, they help you drive the most effective behaviors, strategies, and decisions. Among other things, they help in improving on-time deliveries, in reducing operating costs, in increasing customer satisfaction, or in optimizing transport. They focus on a specific area and goals in order to spot trends and identify weaknesses.

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

CIO Business Intelligence

NOVEMBER 11, 2024

Research firm IDC projects worldwide spending on technology to support AI strategies will reach $337 billion in 2025 — and more than double to $749 billion by 2028. This is the easiest way to start benefiting from AI without needed the skills to develop your own models and applications.” Only 13% plan to build a model from scratch.

ROI 137

ROI Cost-Benefit Risk Experimentation 137

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

Infor’s strategy is to tailor software with a high percentage of specific capabilities and functionality for customers in its target industries, delivering a faster time to value. I recently attended Infor’s Velocity Summit , designed to showcase the latest versions of its CloudSuite ERP software.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

Cloudera

JANUARY 7, 2025

In todays dynamic digital landscape, multi-cloud strategies have become vital for organizations aiming to leverage the best of both cloud and on-premises environments. Adopting hybrid and multi-cloud models provides enterprises with flexibility, cost optimization, and a way to avoid vendor lock-in. Why Hybrid and Multi-Cloud?

Cost-Benefit 82

Cost-Benefit Optimization Strategy Data-driven 82

CIO Business Intelligence

FEBRUARY 6, 2025

As Windows 10 nears its end of support, some IT leaders, preparing for PC upgrade cycles, are evaluating the possible cloud cost savings and enhanced security of running AI workloads directly on desktop PCs or laptops. With no security updates for Windows 10 available after Oct. Whether you want it or not, youre going to get it sold to you.

Cost-Benefit 91

Cost-Benefit Modeling Marketing Enterprise 91