CIO Business Intelligence

DECEMBER 19, 2024

The $2-per-conversation approach can include many back-and-forth interactions between a customer and Agentforce, says Ryan Shellack, senior director of AI product marketing at Salesforce. It also has the benefit that as underlying AI costs drop over time service providers can extract more margin for this work.

Cost-Benefit 128

Cost-Benefit Modeling ROI Marketing 128

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. You get more control over your costs.

Cost-Benefit 115

Cost-Benefit Modeling Marketing Sales 115

CIO Business Intelligence

JANUARY 6, 2025

One of them is Katherine Wetmur, CIO for cyber, data, risk, and resilience at Morgan Stanley. Wetmur says Morgan Stanley has been using modern data science, AI, and machine learning for years to analyze data and activity, pinpoint risks, and initiate mitigation, noting that teams at the firm have earned patents in this space.

IT 140

IT Cost-Benefit Measurement Experimentation 140

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. Maintaining, updating, and patching old systems is a complex challenge that increases the risk of operational downtime and security lapse.

Cost-Benefit 124

Cost-Benefit Data-driven Enterprise Risk 124

CIO Business Intelligence

JULY 25, 2024

The outage put enterprises, cloud services providers, and critical infrastructure providers into precarious positions, and has drawn attention to how dominant CrowdStrike’s market share has become, commanding an estimated 24% of the endpoint detection and response (EDR) market. It also highlights the downsides of concentration risk.

Risk 144

Risk Cost-Benefit Strategy Enterprise 144

datapine

APRIL 21, 2022

Digital transformation of your business is possible when you can use emerging automation, Machine Learning (ML), and Artificial Intelligence (AI) technologies in your marketing. However, when it comes to digital transformation in marketing, there is a larger revolution in how marketers use modern tools and technologies.

Digital Transformation 206

Digital Transformation Marketing Advertising Scorecard 206

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. It’s not our data.

Advertising 338

Advertising Cost-Benefit Marketing Risk 338

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. Double down on automation through AI.

ROI 136

ROI Cost-Benefit Metrics Strategy 136

CIO Business Intelligence

MARCH 19, 2025

There are risks around hallucinations and bias, says Arnab Chakraborty, chief responsible AI officer at Accenture. So far, over half a million lines of code have been processed but human supervision is required due to the risk of hallucinations and other quality problems. And the data is also used for sales and marketing.

Software 141

Software Risk Enterprise Cost-Benefit 141

Smart Data Collective

JUNE 19, 2022

AI is particularly helpful with managing risks. How AI Can Help Suppliers Manage Risks Better. The benefits of AI stem from the need to manage close relationships with business stakeholders, which is a difficult task. Failure or Delay Risk. Brand Reputation Risk. Competitive Advantage Risk.

Risk 144

Risk Cost-Benefit Risk Management Manufacturing 144

CIO Business Intelligence

DECEMBER 9, 2024

Despite these limitations and concerns among CIOs over AI costs, real progress has been made this year and we can expect to see this grow further in 2025. Employee knowledge of their companys products, processes, and the markets they operate in and customers they sell to is often uncoded and tacit.

Enterprise 116

Enterprise ROI Cost-Benefit Measurement 116

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

DECEMBER 10, 2024

Bogdan Raduta, head of AI at FlowX.AI, says, Gen AI holds big potential for efficiency, insight, and innovation, but its also absolutely important to pinpoint and measure its true benefits. A second area is improving data quality and integrating systems for marketing departments, then tracking how these changes impact marketing metrics.

Sales 143

Sales Metrics Data-driven Measurement 143

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. Quants can also gain deeper insights into current market trends and correlate them with historical patterns.

Metadata 111

Metadata Snapshot Cost-Benefit Optimization 111

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

OCTOBER 22, 2024

Organizations that deploy AI to eliminate middle management human workers will be able to capitalize on reduced labor costs in the short-term and long-term benefits savings,” Gartner stated. “AI New security and risk solutions will be necessary as AI agents significantly increase the already invisible attack surface at enterprises.

Enterprise 135

Enterprise Risk IoT Cost-Benefit 135

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

Smart Data Collective

FEBRUARY 28, 2023

We talked about the benefits of AI for consumers trying to improve their own personal financial plans. One of the most important changes pertains to risk parity management. We are going to provide some insights on the benefits of using machine learning for risk parity analysis. What is risk parity?

Machine Learning 117

Machine Learning Risk Cost-Benefit Marketing 117

CIO Business Intelligence

NOVEMBER 18, 2024

Banks hope these shifts will enable them to innovate faster and work more efficiently in a rapidly changing market. Marketing and customer service: Nearly half (49%) of bankers surveyed said they use gen AI within their marketing or customer service operations.

Digital Transformation 141

Digital Transformation Consulting Cost-Benefit Marketing 141

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

David Menninger's Analyst Perspectives

OCTOBER 15, 2024

Those customers should be evaluating if, when and how they will tap into the benefits that AI and GenAI can provide to improve operational and financial performance. With a perception of limited or no benefit, not taking any action can appear attractive and may be the right choice.

Cost-Benefit 204

Cost-Benefit Risk Forecasting Software 204

Smart Data Collective

DECEMBER 13, 2021

New advances in data technology have been especially beneficial for marketing. E-commerce Companies Are Using Big Data Technology to Improve the Execution of their Marketing Strategies. This figure will continue to grow as more online retailers discover the benefits of using big data for various purposes, such as marketing.

Data-driven 145

Data-driven Marketing Strategy Big Data 145

CIO Business Intelligence

MARCH 4, 2025

While the agentic AI market is in its early days, CIOs who are optimistic about the promise of AI agents are aware of the need for managing and monitoring AI agent workflows in real-time. This approach will help businesses maximize the benefits of agentic AI while mitigating risks and ensuring responsible deployment.

Management 119

Management IT Cost-Benefit Enterprise 119

CIO Business Intelligence

NOVEMBER 13, 2024

So for all its vaunted benefits to efficiency, gen AI doesn’t always reduce workloads. And we’re at risk of being burned out.” Workday announced new AI agents to transform HR and finance processes, and Google issued more AI-powered advertising and marketing tools. There were new releases for AI video and image generation, too.

IT 141

IT Consulting ROI Cost-Benefit 141

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

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. About the author: Stela Udovicic is the senior director, solutions marketing management at BMC Software

IT 98

IT Insurance Cost-Benefit Optimization 98

CIO Business Intelligence

JANUARY 9, 2025

In 2024, squeezed by the rising cost of living, inflationary impact, and interest rates, they are now grappling with declining consumer spending and confidence. Our customers and prospects face a growing challenge of managing vast amounts of product data across multiple channels and markets, adds Fouache.

B2B 105

B2B Cost-Benefit Data-driven Sales 105

CIO Business Intelligence

AUGUST 20, 2024

Many AI projects have huge upfront costs — up to $200,000 for coding assistants, $1 million to embed generative AI in custom apps, $6.5 Those costs don’t include recurring costs, which can run into the thousands of dollars per user each year. SMBs are particularly vulnerable to these cost increases.”

Risk 131

Risk Cost-Benefit Insurance ROI 131

Smart Data Collective

MARCH 1, 2022

More companies are using AI technology to automate their social media marketing strategies. We previously mentioned the benefits of using data analytics to make the most of social media marketing. Social media is a highly profitable way to market. This will help you boost the ROI of your digital marketing efforts. ?Twitter’s

Marketing 144

Marketing Data-driven Cost-Benefit ROI 144

CIO Business Intelligence

OCTOBER 17, 2023

The cloud market has been a picture of maturity of late. The pecking order for cloud infrastructure has been relatively stable, with AWS at around 33% market share, Microsoft Azure second at 22%, and Google Cloud a distant third at 11%. Here are the top cloud market trends and how they are impacting CIO’s cloud strategies.

Marketing 144

Marketing IT Cost-Benefit Enterprise 144

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

AUGUST 12, 2020

In your daily business, many different aspects and ‘activities’ are constantly changing – sales trends and volume, marketing performance metrics, warehouse operational shifts, or inventory management changes. Benefit from great business reports today! Benefit from great business reports today! Let’s get started.

Reporting 297

Reporting Dashboards Visualization Cost-Benefit 297

CIO Business Intelligence

MARCH 25, 2025

The following questions are of central importance: Which features are on the market or in development and should inspire customers in the future? How should these be marketed? Through needs-based shoring, the company can benefit from additional efficiency gains.

IT 95

IT Key Performance Indicator Risk Reporting 95

CIO Business Intelligence

DECEMBER 14, 2023

As CIOs seek to achieve economies of scale in the cloud, a risk inherent in many of their strategies is taking on greater importance of late: consolidating on too few if not just a single major cloud vendor. This is the kind of risk that may increasingly keep CIOs up at night in the year ahead.

Risk 131

Risk Cost-Benefit Strategy Risk Management 131

CIO Business Intelligence

AUGUST 30, 2024

And while LLM providers are hoping you choose their platforms and applications, it’s worth asking yourself whether this is the wisest course of action as you seek to keep costs down while preserving security and governance for your data and platforms. How about helping sales and marketing create new collateral? Can you blame them?

Uncertainty 122

Uncertainty Marketing Cost-Benefit Risk 122

David Menninger's Analyst Perspectives

DECEMBER 31, 2024

Enterprises that adopt RPA report reductions in process cycle times and operational costs. Such investments position enterprises to respond more effectively to market changes and customer demands. RPA : RPAs ability to replicate human tasks efficiently enables enterprises to realize immediate operational cost savings.

Cost-Benefit 130

Cost-Benefit Data-driven Enterprise Business Objectives 130

Smart Data Collective

DECEMBER 16, 2022

Did you know that companies are projected to spend over $107 billion on AI-based marketing solutions by 2028? There is no doubt that artificial intelligence is creating a number of new changes for people in the marketing profession. However, many people are still wondering what the actual effects of AI on marketing will be.

Marketing 132

Marketing Advertising Sales Cost-Benefit 132