CIO Business Intelligence

JANUARY 14, 2025

For CIOs leading enterprise transformations, portfolio health isnt just an operational indicator its a real-time pulse on time-to-market and resilience in a digital-first economy. Understanding and tracking the right software delivery metrics is essential to inform strategic decisions that drive continuous improvement.

Enterprise 119

Enterprise Technology Metrics Measurement 119

datapine

FEBRUARY 22, 2022

2) BI Strategy Benefits. Without real-time insight into their data, businesses remain reactive, miss strategic growth opportunities, lose their competitive edge, fail to take advantage of cost savings options, don’t ensure customer satisfaction… the list goes on. Benefits Of Implementing a BI Strategy. Table of Contents.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Dashboards 218

John Wheeler

APRIL 16, 2021

This week, we kicked-off a major research effort to explore current innovations in the rapidly expanding integrated risk management (IRM) market. Two of these use case domains – ESG and privacy – are additions to Gartner’s 2021 coverage of the IRM technology market.

Risk Management 59

Risk Management Risk Management Internet of Things 59

Smart Data Collective

JUNE 19, 2022

The benefits of AI stem from the need to manage close relationships with business stakeholders, which is a difficult task. All companies require complex relationships with various suppliers and service providers to develop the products and services they offer to clients and customers — but those relationships always carry some risk.

Risk 144

Risk Cost-Benefit Risk Management Manufacturing 144

Smart Data Collective

OCTOBER 13, 2021

The market for AI technology is growing remarkably. Businesses spend a lot of time and resources on marketing to stand out from their competition. While marketing remains relevant and essential, AI technology provides endless opportunities that create a massive edge between you and your competitors. Automate processes.

Technology 133

Technology Cost-Benefit Experimentation Machine Learning 133

erwin

SEPTEMBER 17, 2020

It’s paramount that organizations understand the benefits of automating end-to-end data lineage. Here are six benefits of automating end-to-end data lineage: Reduced Errors and Operational Costs. Speed and faster time to market is a driving force behind most organizations’ efforts with data lineage automation.

Cost-Benefit 143

Cost-Benefit Data Governance Metadata Reporting 143

CIO Business Intelligence

DECEMBER 14, 2023

AI can help with all of these challenges via manufacturing-specific use cases that benefit manufacturers, their employees, and their customers. Process optimization In manufacturing, process optimization that maximizes quality, efficiency, and cost-savings is an ever-present goal. Here’s how.

Manufacturing 143

Manufacturing Cost-Benefit Unstructured Data Optimization 143

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

OCTOBER 30, 2023

We’re also now dealing with disruption in all its forms, not just that of digital upstarts arising to eat our market share. In addition, whereas resilience is a risk management strategy, adaptability is both a risk management and an innovation strategy.

Digital Transformation 143

Digital Transformation Risk Management IoT Cost-Benefit 143

AWS Big Data

FEBRUARY 1, 2024

Additionally, they need streaming architectures to handle growing trade volumes, market volatility, and regulatory demands. The solution should be scalable, cost-efficient, and straightforward to adopt and operate. We also used FactSet’s market data solutions for historical and streaming market quotes and trades.

Data Warehouse 134

Data Warehouse Dashboards Risk Management Risk 134

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

SEPTEMBER 14, 2023

It is already at work in our business — preventing market interruptions, creating new kinds of intelligence for investors, and stopping financial criminals in their tracks,” Peterson says. billion in 2022, derives roughly 30% of its business from its markets, trading, and exchange business — and about 40% from software sales and licensing.

Risk Management 116

Risk Management Risk Marketing Cost-Benefit 116

CIO Business Intelligence

SEPTEMBER 17, 2024

Moreover, undertaking digital transformation and technology modernization programs without an architect can lead to delays, technical debt , higher costs, and security vulnerabilities. Product managers then propose digital KPIs and other metrics highlighting the business benefits delivered.

Enterprise 145

Enterprise Digital Transformation Cost-Benefit Risk 145

CIO Business Intelligence

NOVEMBER 23, 2022

Only 20% of respondents said that their EA programs allowed for faster innovation and faster time to market, while just 6% claimed that enterprise architects were included in agile teams and had the authority to influence technology decisions. Giving business the ability to prioritize investments.

Enterprise 128

Enterprise Cost-Benefit Digital Transformation Strategy 128

Smart Data Collective

APRIL 21, 2022

The market for AI is growing over 38% a year. The market for AI is growing due to its obvious benefits. Many of them have utilized many management programs but finding the most best application without the assistance of an experienced consultant can be a challenge. It is projected to be worth over $1.5 trillion by 2030.

Consulting 111

Consulting Cost-Benefit Software Machine Learning 111

Smart Data Collective

MAY 8, 2022

When you combine big data with AI, you can help your users extract highly-valuable insights from data, foster data literacy across your company or organization, and take advantage of the many other benefits it offers. Improves decision making and reduces costs. How big data analytics and AI can help you boost your business performance.

Big Data 122

Big Data Data Analytics Analytics Statistics 122

CIO Business Intelligence

NOVEMBER 21, 2023

After all, 41% of employees acquire, modify, or create technology outside of IT’s visibility , and 52% of respondents to EY’s Global Third-Party Risk Management Survey had an outage — and 38% reported a data breach — caused by third parties over the past two years.

IT 137

IT Risk Cost-Benefit Data Science 137

CIO Business Intelligence

MAY 9, 2024

Driving business benefits Companies seeking CAIOs are looking to reap myriad benefits from AI adoption, ranging from improved decision-making, to increased efficiency of business processes, higher-quality services, profitability, talent management, customer experience, and innovation.

Risk Management 138

Risk Management Cost-Benefit Risk Technology 138

CIO Business Intelligence

SEPTEMBER 10, 2024

Our IT evolution Having worked primarily in traditionally structured industries like oil and gas, government, education and finance, I’ve witnessed firsthand how technology was once considered a commodity, a cost center. I built it externally for $50,000 in just five weeks—from concept to market testing.

IT 122

IT Risk Risk Management Predictive Modeling 122

Smart Data Collective

AUGUST 1, 2022

AI technology has actually changed stock market investing as we know it. There are a number of ways that traders can benefit from AI. You must have detailed and up-to-date facts about the financial markets to make smart decisions. Many people can learn about the benefits of AI technology with it.

Cost-Benefit 126

Cost-Benefit Machine Learning Marketing Strategy 126

CIO Business Intelligence

OCTOBER 3, 2023

percent growth in the market for “software that enables hyperautomation,” to $US1.04 percent to 2028, taking the value of the market for hyperautomation tools and services to $US26.67b. These tools bring benefits beyond automation. Managing change and communicating the benefits effectively will be crucial.

Cost-Benefit 122

Cost-Benefit Machine Learning Interactive Software 122

CIO Business Intelligence

DECEMBER 14, 2023

And while vendor lock-in has long been a key issue in the cloud, especially for organizations that have not established a credible threat of defection, the emerging AI tools market — and its accompanying arms race among the major cloud vendors — could leave CIOs at risk of the opportunity costs of AI lock-in as well.

Risk 131

Risk Cost-Benefit Strategy Risk Management 131

Smart Data Collective

FEBRUARY 2, 2021

In 2020, the size of the global Big Data market reached 56 billion, and it’s on track to exceed 103 billion by 2027. However, some industries have more to benefit from Big Data than others and have reached impressive milestones because data science and data analytics have helped them streamline their operations. Public services.

Big Data 106

Big Data Recreation/Entertainment Cost-Benefit Finance 106

Smart Data Collective

DECEMBER 9, 2021

The market size for financial analytics was worth $6.7 Accounting leaders in firms across the country are recognizing the benefits of letting employees work from home, not just for safety’s sake, but for morale as well. The financial and accounting sector has been particularly impacted by these developments. billion last year.

Technology 133

Technology Big Data Machine Learning Deep Learning 133

CIO Business Intelligence

MARCH 9, 2023

IT leaders may find that prices are going up without an accompanying increase in benefits, with technology providers — less dependent on any one industry or geography — taking a harder line on deals, says Achint Arora, a partner in the pricing assurance practice at Everest Group. What’s more, technology contracts are often multilayered.

Cost-Benefit 116

Cost-Benefit Uncertainty Risk Technology 116

CIO Business Intelligence

DECEMBER 27, 2023

AI in a box CIOs are under pressure to deliver productivity improvements and reduce costs in financial services. For this reason, out-of-the-box LLMs such as Bedrock from Amazon Web Services (AWS) and those from Microsoft may give CIOs the speed to market they desire. However, developing and deploying an LLM is costly.

Insurance 141

Insurance Cost-Benefit Risk Technology 141

CIO Business Intelligence

SEPTEMBER 7, 2023

The second challenge is managing new risks, which stem primarily from the threat of misinformation. Since the consequence of failure is high, the defense industry must strike a deft balance between innovation and risk management. billion by 2032.

Unstructured Data 119

Unstructured Data Cost-Benefit Risk Data-driven 119

CIO Business Intelligence

MARCH 5, 2024

CIOs must also partner with CISOs, legal, human resources, and business leaders to build awareness of policies and develop a generative AI risk management strategy. The ambiguity of what’s working today and which users will benefit is driving some CIOs to ask whether adding Copilot licenses to Microsoft 365 is worth the price.

Advertising 124

Advertising Cost-Benefit Experimentation Reporting 124

CIO Business Intelligence

DECEMBER 7, 2022

Analyst firm IDC expects more of a moving target on tech budgets due to market volatility, the strength of the US dollar, inflation rates, and continued slow global growth due to economic drag by China and other key countries. Cloud-related services’ cost has risen by between 5% and 7% this year compared to last, IDC says.

IT 132

IT Insurance Cost-Benefit Risk Management 132

CIO Business Intelligence

OCTOBER 15, 2024

By fostering a culture of collaboration and shared responsibility, companies can accelerate their time to market, improve product quality, and enhance their adaptability to changing market conditions.” Platform engineering is one approach for creating standards and reinforcing key principles.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

datapine

MARCH 31, 2022

To understand this concept in a practical context, check out this video featuring an explanation from analyst Sonya Fournier: Now that we’ve explored BI in a real-world professional context, let’s look at the benefits of embarking on this occupation. It’s Flexible. What Are The Necessary BI Skills? BI consultant. BI Data Scientist.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

CIO Business Intelligence

AUGUST 26, 2024

In sectors like finance, healthcare, and manufacturing, AI-driven solutions have already proven their worth by optimizing supply chains, improving risk management, and enhancing customer service. AI has the potential to drive significant operational efficiency across various business functions, including identity management.

Data-driven 114

Data-driven Manufacturing Data Warehouse Cost-Benefit 114

Sisense

AUGUST 19, 2021

Buying analytics instead of building them helps companies go to market faster, see ROI from analytics sooner, focus on their core competency, benefit from incremental improvements over time, and much more. >>> Looking to stand out in your market? >>> Looking to stand out in your market?

ROI 98

ROI Cost-Benefit Marketing Testing 98

AWS Big Data

SEPTEMBER 26, 2024

This post shows how to integrate Amazon Bedrock with the AWS Serverless Data Analytics Pipeline architecture using Amazon EventBridge , AWS Step Functions , and AWS Lambda to automate a wide range of data enrichment tasks in a cost-effective and scalable manner. max_tokens_to_sample – The maximum number of tokens to generate before stopping.

Data Lake 114

Data Lake Cost-Benefit Unstructured Data Modeling 114

CIO Business Intelligence

JUNE 22, 2022

AssuredPartners is a full-service insurance broker providing commercial insurance, risk management, and employee benefits. The company, which has more than 8,500 employees, plans to continue growing by acquisition, and consolidating the global insurance market. Our goal is to consolidate the global market.

IT 105

IT Insurance Cost-Benefit Risk Management 105

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

APRIL 12, 2022

Specifically, they’re looking at these areas: Centralized supply chain planning Advanced analytics Reskilling the labor force for digital planning and monitoring In the never-ending hunt for maximum efficiency and cost savings, supply chain digitization correlates closely with smart manufacturing processes. Complex infrastructure not needed.

IoT 105

IoT Analytics Manufacturing Internet of Things 105