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

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

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

JULY 30, 2024

Organizations are under pressure to demonstrate commitment to an actionable sustainability strategy to meet regulatory obligations and to build positive market sentiment. We examine the opportunity to lead both risk mitigation and value creation by helping advance the enterprise sustainability strategy.

Strategy 104

Strategy Scorecard Measurement Risk 104

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 73

Consulting Strategy Cost-Benefit Modeling 73

CIO Business Intelligence

JULY 10, 2024

CIOs are under pressure to integrate generative AI into business operations and products, often driven by the demand to meet business and board expectations swiftly. But many IT departments might not thoroughly consider the prerequisites for successful GenAI deployment, and moving quickly can lead to costly errors and implementation failures.

Risk 109

Risk Strategy Consulting Cost-Benefit 109

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 109

Strategy Cost-Benefit Risk Technology 109

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 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 126

Management IT Cost-Benefit Testing 126

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 133

Strategy Digital Transformation Cost-Benefit Forecasting 133

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 135

Data Strategy Strategy Unstructured Data Data Governance 135

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 113

IT Cost-Benefit ROI Enterprise 113

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 113

Strategy Management Key Performance Indicator ROI 113

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 108

Management IT Cost-Benefit Metrics 108

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 117

IT Cost-Benefit Data-driven Management 117

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 113

Strategy Digital Transformation Cost-Benefit Consulting 113

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 115

Strategy Cost-Benefit Uncertainty Technology 115

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 102

Strategy IT Cost-Benefit Reporting 102

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 130

IT Cost-Benefit Machine Learning Testing 130

CIO Business Intelligence

JUNE 21, 2024

Manufacturing business leaders have specific priorities: Increasing revenue/value Improving cost-efficiency Minimizing business risks and their impact For each priority, IT leaders must demonstrate how IT modernization projects yield tangible and intangible business benefits for the organization. Adapt efforts as needed.

Manufacturing 109

Manufacturing Key Performance Indicator IoT IT 109

CIO Business Intelligence

OCTOBER 23, 2024

CIOs are under increasing pressure to deliver meaningful returns from generative AI initiatives, yet spiraling costs and complex governance challenges are undermining their efforts, according to Gartner. hours per week by integrating generative AI into their workflows, these benefits are not felt equally across the workforce.

Enterprise 139

Enterprise Cost-Benefit Broadcasting Risk 139

CIO Business Intelligence

OCTOBER 15, 2024

For IT leaders working in the public sector, tailoring your resume for private-sector opportunities can be challenging. That was the problem Christina Sewell, CIO at a government agency, encountered in considering next steps for her career. To truly step back and objectively view your career path, a fresh set of eyes can help.

IT 120

IT Snapshot Cost-Benefit Data-driven 120

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 130

IT Management Risk Risk Management 130

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 109

IT Insurance Cost-Benefit Unstructured Data 109

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

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

CIO Business Intelligence

SEPTEMBER 19, 2024

Agentic AIs, a form of technology designed to run specific functions within an organization without human intervention, are gaining traction as enterprises look to automate business workflows, augment the output of human workers, and derive value from generative AI. In addition, the power of agentic AIs is still in its infancy, they say.

IT 138

IT Cost-Benefit Consulting Modeling 138

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 123

Modeling Cost-Benefit IT ROI 123

CIO Business Intelligence

FEBRUARY 20, 2024

Moreover, most enterprise cloud strategies involve a variety of cloud vendors, including point-solution SaaS vendors operating in the cloud. While cloud risk analysis should be no different than any other third-party risk analysis, many enterprises treat the cloud more gently, taking a less thorough approach.

Risk 130

Risk Enterprise Strategy Snapshot 130

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

IBM Big Data Hub

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. A procurement strategy is not merely a series of steps for acquiring goods and services. What is a procurement strategy?

Strategy 65

Strategy Cost-Benefit Key Performance Indicator Consulting 65

IBM Big Data Hub

JUNE 12, 2023

While central banks have a very different mission from commercial banks, what they do have in common is the need to modernize their IT operations to support digital transformation, contain costs, source key skills and mitigate operational and cybersecurity risks. What does it mean to “do cloud right?”

Strategy 85

Strategy Cost-Benefit Digital Transformation Uncertainty 85

CIO Business Intelligence

FEBRUARY 5, 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. Could you share some facts and figures about Mashreq’s digital transformation process over recent years?

IT 117

IT Digital Transformation Cost-Benefit Technology 117

IBM Big Data Hub

DECEMBER 20, 2023

Without an AI strategy, organizations risk missing out on the benefits AI can offer. An AI strategy helps organizations address the complex challenges associated with AI implementation and define its objectives. What is an AI strategy? A successful AI strategy should act as a roadmap for this plan.

Strategy 71

Strategy Business Objectives Cost-Benefit Consulting 71