CIO Business Intelligence

JULY 24, 2024

And retailers benefit from their ability to bring customers into their stores, grow their own brand loyalty, and demonstrate commitment to their customers. What is the IT strategy you’ve developed to drive this new operating model? The IT strategy delivers capabilities in each of these growth pillars. Ready to implement it?”

Strategy 98

Strategy Enterprise IT Cost-Benefit 98

CIO Business Intelligence

NOVEMBER 19, 2024

They understand that their strategies, capabilities, resources, and management systems should be configured to support the enterprise’s overarching purpose and goals. Recognize IT and business are inseparable IT and business strategies are now fully intertwined, observes Jay Upchurch, EVP and CIO at analytics vendor SAS.

IT 141

IT Strategy Consulting Business Objectives 141

CIO Business Intelligence

OCTOBER 12, 2023

In the business world, service desks are commonly designated as cost centers, a label that can sometimes limit their access to essential resources and support. Additionally, employ the business case as a tool to tackle potential risks and develop strategies for their mitigation. How can we change this perspective? Managed IT Services

Strategy 111

Strategy ROI IT Cost-Benefit 111

Rocket-Powered Data Science

FEBRUARY 15, 2023

Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy. I suggest that the simplest business strategy starts with answering three basic questions: What? It is important to realize that the usual “hype cycle” rules prevail in such cases as this.

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

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

CIO Business Intelligence

OCTOBER 23, 2024

But it did talk about cost implications, and implied that CIOs would be better off using the vendor’s systems, even with the Big Blue markup. There is a cost arbitrage and a quality play that can be built into a well-structured managed services deal,” Schadler said. “As It creates stickiness if nothing else.

Consulting 122

Consulting Strategy Cost-Benefit Modeling 122

CIO Business Intelligence

JULY 19, 2023

And with four industrial centers, four technology centers, and a foothold in more than 20 maintenance workshops, the company’s technological strategy is pivotal to progress as Pablo Celada, director of technology and systems for Europe at Alstom, reveals. Can you describe the strategy behind purchasing Bombardier’s railway business for €4.4

Strategy 98

Strategy IT Digital Transformation Cost-Benefit 98

CIO Business Intelligence

JULY 31, 2023

For those companies operating on a calendar year, the end of summer signals the start of annual planning and the mad dash to prepare their IT strategies. Your answers will lay the foundation for your strategy and highlight where your story needs work if you want to avoid fire drills in the eleventh hour. What’s the vision for IT?

Strategy 98

Strategy IT Cost-Benefit Finance 98

CIO Business Intelligence

NOVEMBER 1, 2024

Paul Beswick, CIO of Marsh McLennan, served as a general strategy consultant for most of his 23 years at the firm but was tapped in 2019 to relaunch the risk, insurance, and consulting services powerhouse’s global digital practice. But the CIO had several key objectives to meet before launching the transformation.

IT 122

IT Insurance Consulting Risk 122

CIO Business Intelligence

JULY 23, 2024

As a digital transformation leader and former CIO, I carry a healthy dose of paranoia. Call it survival instincts: Risks that can disrupt an organization from staying true to its mission and accomplishing its goals must constantly be surfaced, assessed, and either mitigated or managed. Is the organization transforming fast enough?

Risk 142

Risk IT Risk Management Cost-Benefit 142

CIO Business Intelligence

SEPTEMBER 4, 2024

The newly launched guide, “5 Practical Steps to Reduce Cyber Threats,” offers actionable strategies for cybersecurity leaders to enhance their team’s preparedness and response capabilities. While state-of-the-art tools are vital, the true backbone of our defense strategy lies within our trained professionals—the human firewall.”

Strategy 111

Strategy Cost-Benefit Risk Technology 111

IBM Big Data Hub

FEBRUARY 28, 2024

Because organizations with strategic sourcing mindsets look beyond price and cost savings-centered supplier selection initiatives. Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits.

Strategy 94

Strategy Technology Cost-Benefit Risk Management 94

CIO Business Intelligence

JANUARY 24, 2024

Organizations can’t afford to mess up their data strategies, because too much is at stake in the digital economy. Unfortunately, the road to data strategy success is fraught with challenges, so CIOs and other technology leaders need to plan and execute carefully. Here are some data strategy mistakes IT leaders would be wise to avoid.

Data Strategy 136

Data Strategy Strategy Unstructured Data Data Governance 136

CIO Business Intelligence

JUNE 9, 2023

Such is the case with a data management strategy. Without it, businesses incur steep costs, but the downside, or costs, are often unclear because calculating data management’s return on investment (ROI), or upside, is a murky exercise. Without it, organizations incur a significant opportunity cost.

Strategy 116

Strategy Management Key Performance Indicator ROI 116

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 110

IT Cost-Benefit Optimization Manufacturing 110

IBM Big Data Hub

DECEMBER 7, 2023

And that’s why companies need an effective data center consolidation strategy. What is a data center consolidation strategy? A data center consolidation strategy is a plan an organization creates and implements to shrink its data-storage processes and streamline its system of data management. What is a data center?

Strategy 90

Strategy Cost-Benefit Data Processing Software 90

CIO Business Intelligence

NOVEMBER 1, 2024

Paul Beswick, CIO of Marsh McLellan, served as a general strategy consultant for most of his 23 years at the firm but was tapped in 2019 to relaunch the risk, insurance, and consulting services powerhouse’s global digital practice. But the CIO had several key objectives to meet before launching the transformation.

IT 105

IT Insurance Consulting Risk 105

CIO Business Intelligence

SEPTEMBER 10, 2024

We are embedding AI-powered capabilities across the suite so customers are benefiting from it as soon as they log in,” Evan Goldberg, founder and executive vice president of Oracle NetSuite, said in a statement. “By Bickley cautioned, however, that NetSuite will have to prove value to drive a renewal cost increase for these services. “It

IT 116

IT Cost-Benefit ROI Enterprise 116

IBM Big Data Hub

DECEMBER 20, 2023

To capture the most value from hybrid cloud, business and IT leaders must develop a solid hybrid cloud strategy supporting their core business objectives. To capture the most value from hybrid cloud, business and IT leaders must develop a solid hybrid cloud strategy supporting their core business objectives.

Strategy 93

Strategy Cost-Benefit Digital Transformation Optimization 93

CIO Business Intelligence

NOVEMBER 26, 2024

Our primary goal has always been to innovate in ways that directly benefit our clients, ensuring that our products and processes, particularly in technology, are tailored to meet their evolving needs and daily demands. How did these changes help improve your business performance last year?

IT 52

IT Digital Transformation Cost-Benefit Technology 52

CIO Business Intelligence

JULY 19, 2024

In a report on enterprise resilience and IT skilling strategies , IDC predicts that by 2026, 90% of organizations worldwide will “feel the pain of the IT skills crisis,” ultimately costing businesses upwards of $5.5T due to delays, quality issues, and revenue loss. due to delays, quality issues, and revenue loss.

Strategy 116

Strategy Digital Transformation Cost-Benefit Consulting 116

CIO Business Intelligence

FEBRUARY 15, 2024

Following are ways CIOs can help overcome disconnect in the C-suite on the evolving nature of their role in an effort to better enable support for their digital strategies. The dialogue with the board and with human resources is fruitful, and the managers are receptive, which greatly facilitates the digital strategy.”

Strategy 134

Strategy Digital Transformation Cost-Benefit Forecasting 134

CIO Business Intelligence

AUGUST 2, 2024

A seamless experience In addition to a clear target architecture, it’s necessary to have a dynamic integration strategy to keep up with developments and not end up in legacy. I made a U-turn,” she says. After being there for nine years, I decided I wanted to break new ground.” We have the task of building this infrastructure,” she says.

IT 119

IT Cost-Benefit Data-driven Management 119

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]. Growing interest in meeting corporate sustainability goals has reframed how organizations think about IT asset usage, life-cycles, and end-of-life disposal practices.

Management 110

Management IT Cost-Benefit Metrics 110

CIO Business Intelligence

NOVEMBER 28, 2024

For enterprises operating on the cloud, security and cost management are rising concerns. Moreover, there are tooling, processes, and data practice differences between these teams’ operations that will need to be addressed to unlock the potential their collaboration can have on the enterprise’s overall cloud strategy.

Cost-Benefit 126

Cost-Benefit Metrics Key Performance Indicator Reporting 126

CIO Business Intelligence

SEPTEMBER 27, 2024

Gartner suggests extending the data and analytics strategy to include AI and avoid fragmented initiatives without governance. Gen AI in practice is a special case of Euronics’ strategy that concerns data and analysis , and the task of those who direct it — the CIO or the CDO — is to understand when to apply it, and when not to.

Management 128

Management IT Cost-Benefit Testing 128

CIO Business Intelligence

JUNE 13, 2024

That’s what a number of IT leaders are learning of late, as the AI market and enterprise AI strategies continue to evolve. But purpose-built small language models (SLMs) and other AI technologies also have their place, IT leaders are finding, with benefits such as fewer hallucinations and a lower cost to deploy.

IT 131

IT Cost-Benefit Machine Learning Testing 131

CIO Business Intelligence

JULY 25, 2024

IT managers are often responsible for not just overseeing an organization’s IT infrastructure but its IT teams as well. To succeed, you need to understand the fundamentals of security, data storage, hardware, software, networking, and IT management frameworks — and how they all work together to deliver business value.

IT 131

IT Management Risk Risk Management 131

IBM Big Data Hub

DECEMBER 18, 2023

In today’s business environment, regardless of the product or service, leaders must develop a well-honed business strategy. A successful business strategy must clearly define an organization’s objectives, decision-making processes and long-term business goals.

Strategy 67

Strategy Cost-Benefit Consulting Marketing 67

CIO Business Intelligence

JULY 10, 2024

Dovico just hit the 90-day mark in her CIO role at Beyond Bank, so she’s still in the listening phase while new a new executive team and business strategies are launched and formalized across the broader organization. Being very action and people oriented certainly helps, to benefit both outside and inside the company. “I

Strategy 118

Strategy Cost-Benefit Uncertainty Technology 118

CIO Business Intelligence

DECEMBER 8, 2023

According to the report: “Our qualitative interviews indicated many companies are looking to recycle devices at the end of their lifecycles if they don’t already, and they are open to reducing the time it takes to refresh if it reduces cost over time.” Furthermore, 49% believe outdated hardware hinders employee productivity.

Strategy 104

Strategy IT Cost-Benefit Reporting 104

IBM Big Data Hub

MAY 28, 2024

While every data protection strategy is unique, below are several key components and best practices to consider when building one for your organization. What is a data protection strategy? Why it’s important for your security strategy Data powers much of the world economy—and unfortunately, cybercriminals know its value.

Strategy 81

Strategy Measurement Risk Cost-Benefit 81

CIO Business Intelligence

JANUARY 2, 2024

What benefit does AI serve to that department? Bring the whole organization on the AI journey CIOs also see the need to bring everyone along on that AI journey, something that takes a well-articulated narrative about the benefits AI can bring to those who are and will be impacted by the technology. We’re piloting, PoC-ing.

IT 144

IT Cost-Benefit Statistics Consulting 144

IBM Big Data Hub

JANUARY 30, 2024

Increasingly, enterprise organizations are adopting a multicloud approach—the use of cloud services from more than one cloud vendor—to optimize performance, control costs and prevent vendor lock-in. to total $678.8 billion in 2024, up from $563.6 billion in 2023. to total $678.8 billion in 2024, up from $563.6 billion in 2023.

Strategy 91

Strategy Cost-Benefit Risk Optimization 91

CIO Business Intelligence

MAY 8, 2024

For Expion Health, a cumbersome manual process to determine what rates to quote to potential new customers had become a cap on the healthcare cost management firm’s ability to grow its business. ExpionIQ Advisor has cut the time to calculate the numbers needed for an RFP to a few hours, instead of days, Kumar says.

IT 111

IT Insurance Cost-Benefit Unstructured Data 111

CIO Business Intelligence

MARCH 25, 2024

This article explores how CIOs can address each of their CFO’s key concerns when moving away from project-based teams to persistent funding, including the need to better track ROI, reduce risk, and reduce cost. The persistent teams used a benefits delivery roadmap, which outlined the SMART benefits to be delivered throughout the year.

Modeling 124

Modeling Cost-Benefit IT ROI 124

IBM Big Data Hub

JANUARY 19, 2024

Disaster recovery strategies provide the framework for team members to get a business back up and running after an unplanned event. Worldwide, the popularity of disaster recovery strategies is understandably increasing. A disaster recovery strategy lays out how your businesses will respond to a number of unplanned incidents.

Strategy 89

Strategy Cost-Benefit Testing Risk 89