CIO Business Intelligence

MAY 9, 2023

Like most CIOs you’ve no doubt leaned on ROI, TCO and KPIs to measure the business value of your IT investments. Those Three Big Acronyms are still important for fine-tuning your IT operations, but success today is increasingly measured in business outcomes. Maybe you’ve even surpassed expectations in each of these yardsticks.

ROI 126

ROI Cost-Benefit KPI Uncertainty 126

CIO Business Intelligence

AUGUST 7, 2023

As IT leaders feel pressure from the C-Suite to be more efficient, as well as cut costs and optimize resources, respondents of the survey ranked faster DevOps processes, automated processes, and increasing overall output as the top three measures that would be most impactful to increasing efficiency. Digital Transformation

IT 98

IT Uncertainty Optimization Cost-Benefit 98

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.

Strategy 85

Strategy Cost-Benefit Digital Transformation Uncertainty 85

datapine

MAY 31, 2022

3) Cloud Computing Benefits. It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

IBM Big Data Hub

MARCH 25, 2024

Get the study: The Revolutionary Content Supply Chain A content supply chain brings together people, processes, and technology to effectively plan, create, produce, launch, measure, and manage content. Modernizing a workflow to introduce a content supply chain means disruption and uncertainty.

Uncertainty 97

Uncertainty Cost-Benefit Risk Measurement 97

CIO Business Intelligence

APRIL 25, 2022

This sham of true Scrum is undoing not only the promised product benefits of Agile, but also its human-centric principles, which emphasize trust, collaboration, respect, connection, and sustainable work environments. Collaboration introduces inevitable uncertainty into the process. Agile wasn’t supposed to be this way.

Uncertainty 105

Uncertainty Software Measurement Interactive 105

IBM Big Data Hub

SEPTEMBER 11, 2023

Government executives face several uncertainties as they embark on their journeys of modernization. What makes or breaks the success of a modernization is our willingness to develop a detailed, data-driven understanding of the unique needs of those that we aim to benefit.

Data-driven 85

Data-driven IT Measurement Cost-Benefit 85

CIO Business Intelligence

DECEMBER 5, 2023

Some organizations have been innovating, transforming, and growing so fast that they haven’t had time to clear up older cost structures that start getting in the way,” says Stewart Buchanan, research vice president on Gartner’s CIO team. Each dollar of operational cost reduction drips directly to the bottom line.”

IT 138

IT Cost-Benefit ROI Digital Transformation 138

CIO Business Intelligence

SEPTEMBER 20, 2023

Equally important, the documented vision is a tool for agile teams to make implementation decisions when there are multiple ways to solve problems, each with different benefits and tradeoffs. They are afraid of failure and the uncertainty of knowledge work, and so that’s stressful.

Digital Transformation 135

Digital Transformation Uncertainty Metrics Business Objectives 135

BI-Survey

FEBRUARY 14, 2022

Overnight, the impact of uncertainty, dynamics and complexity on markets could no longer be ignored. Local events in an increasingly interconnected economy and uncertainties such as the climate crisis will continue to create high volatility and even chaos. Does the effort match the benefit? Are there better methods?

Forecasting 52

Forecasting Uncertainty Measurement Cost-Benefit 52

Sisense

MARCH 26, 2020

To effectively identify what measures need to be taken, analytics can help to summarize and predict how companies should evolve to survive in a challenging environment. Now is the time to apply the full force of business intelligence used by analytics teams to help navigate growing uncertainty. Making smarter staffing decisions.

Management 91

Management Cost-Benefit Uncertainty Digital Transformation 91

BizAcuity

MARCH 18, 2019

Credit scoring systems and predictive analytics model attempt to quantify uncertainty and provide guidance for identifying, measuring and monitoring risk. Benefits of Predictive Analytics in Unsecured Consumer Loan Industry. This can bring down the labor costs for a lending company. Where BizAcuity comes in?

Predictive Analytics 83

Predictive Analytics Analytics Data mining Cost-Benefit 83

CIO Business Intelligence

JULY 7, 2023

As an IT management framework, ITIL can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. ITIL certification is near the top of almost every list of must-have IT certifications, and for good reason.

Cost-Benefit 98

Cost-Benefit Strategy Management Uncertainty 98

CIO Business Intelligence

JANUARY 12, 2023

In many ways, the manufacturing industry stands on edge—emerging from a pandemic and facing all-time highs in demand yet teetering on inflation-related economic uncertainty and coping with skilled labor shortages. 2] As with any advancement in technology, edge computing comes with benefits and drawbacks.

Manufacturing 75

Manufacturing Technology IoT Internet of Things 75

Jet Global

JULY 23, 2020

Fortunately, the level of uncertainty has fallen considerably, as many businesses are beginning to re-open, albeit with some restrictions and under capacity restrictions. Such tools have benefits beyond this crisis, however. As we look ahead to the remainder of 2020, uncertainty will continue to prevail. Continue to Run Lean.

Uncertainty 95

Uncertainty Finance Cost-Benefit Reporting 95

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

This classification is based on the purpose, horizon, update frequency and uncertainty of the forecast. Based on the decisions being made and how quickly plans can adjust to new forecast updates, what is the cost of forecasting too high or too low? If the costs of prediction error are asymmetric (e.g. 95th percentile).

Forecasting 113

Forecasting Data Science Statistics Uncertainty 113

Sisense

JUNE 24, 2020

Every company wants to focus on operational efficiency and protect their revenue against uncertainty. Data and analytics are critical to helping companies measure progress, engage with their customers, and test new innovations that lead to profitability. Benefits for you and your customers. The cost of doing nothing.

Analytics 52

Analytics Cost-Benefit Consulting Strategy 52

Jet Global

NOVEMBER 17, 2021

We also examine the uncertainties that lie ahead in international tax regimes, the power that automation and analytics will deliver to tax teams, and the outcomes of implementing tax software, which will enhance the strategic contribution that tax teams are able to make. The BEPS project includes more than 135 countries and jurisdictions.

Forecasting 52

Forecasting Cost-Benefit Digital Transformation Finance 52

CIO Business Intelligence

NOVEMBER 16, 2022

Will cyber security and data privacy threats top the list or will continued worldwide economic uncertainty take center stage? Aside from higher pay, flexibility is a benefit employees want most and companies who offer it will strengthen recruitment and retention – even in ‘hot’ markets. That said, not everything has changed.

Cost-Benefit 52

Cost-Benefit Uncertainty Digital Transformation Strategy 52

CIO Business Intelligence

JANUARY 4, 2023

As a community, we keep sharing information and we stay on top of developments to realize the maximum benefits of HPC. To create a productive, cost-effective analytics strategy that gets results, you need high performance hardware that’s optimized to work with the software you use.

Cost-Benefit 59

Cost-Benefit Machine Learning Uncertainty Modeling 59

datapine

SEPTEMBER 4, 2023

Table of Contents 1) The Benefits Of Data Visualization 2) Our Top 27 Best Data Visualizations 3) Interactive Data Visualization: What’s In It For Me? Our Top 27 Best Data Visualizations Now that we’ve outlined the clear-cut benefits, let’s explore our 27 best data visualization examples from experts worldwide.

Interactive 264

Interactive Visualization Cost-Benefit Dashboards 264

IBM Big Data Hub

APRIL 18, 2024

While leaders have some reservations about the benefits of current AI, organizations are actively investing in gen AI deployment, significantly increasing budgets, expanding use cases, and transitioning projects from experimentation to production. The AGI would need to handle uncertainty and make decisions with incomplete information.

Cost-Benefit 89

Cost-Benefit Manufacturing Modeling Interactive 89

Cloudera

NOVEMBER 19, 2018

Sustainable development benefits corporations that embrace it as well as benefitting the world-wide community. Data is collected from in-ground sensors, handheld measurement devices, satellites, GIS, weather sources, and databases related to plants, biomasses, species’ behaviors, and business.

Digital Transformation 40

Digital Transformation IoT Cost-Benefit Uncertainty 40

Jet Global

JANUARY 25, 2021

That’s not surprising, given the uncertainty of the current global economic climate. In many cases, the fastest and most cost-effective approach to that problem is to seek out independent software vendors that have pre-built integrations to your existing ERP software. Free Up the Flow of Information.

Finance 98

Finance Reporting Software Sales 98

Sisense

JULY 29, 2021

The ability to easily sell rooms to walk-ins and last-minute bookings, upsell current reservations, even utilize a contactless check-in/check-out system are all game-changers for hotels in this age of uncertainty, where changes to travel laws and quarantine rules can happen at any time, throwing municipalities and travel plans into disarray.

Insurance 52

Insurance Marketing Uncertainty Reporting 52

The Unofficial Google Data Science Blog

APRIL 19, 2021

or may be used directly by not serving ads which don’t have expected revenue greater than their cost. The numerical value of the signal became decoupled from the event it was measuring even as the ordinal value remained unchanged. bar{pi} (1 - bar{pi})$: This is the irreducible loss due to uncertainty.

Modeling 122

Modeling IT Metrics Testing 122

Occam's Razor

JULY 12, 2010

I threw out the world class tool, purchased ClickTracks for a fraction of the cost and put money into Analysts and boom! Let's go look at some tools… Measuring "Invisible Virality": Tynt. It measures how often a blog post is tweeted/retweeted. Both the above attempts measure two minorities.

Analytics 97

Analytics Measurement Metrics KPI 97

Domino Data Lab

JUNE 23, 2019

This talk will describe how you can navigate all these challenges that you’re going to face and build a business where every product interaction benefits from your investment in machine learning. These measurement-obsessed companies have an advantage when it comes to AI. All of these people need to get together to make this work.

Management 110

Management Machine Learning Experimentation Metrics 110

The Unofficial Google Data Science Blog

OCTOBER 21, 2015

Worse, the community may act on these ambiguous explanations, incurring real costs. Note also that this account does not involve ambiguity due to statistical uncertainty. As you can see from the tiny confidence intervals on the graphs, big data ensured that measurements, even in the finest slices, were precise.

Slice and Dice 45

Slice and Dice Experimentation Data-driven Data Science 45

CDW Research Hub

OCTOBER 19, 2021

Delivering Compelling Strategic and Financial Benefits and Strong Cultural Fit. However, CDW has not completed its reconciliation of Sirius’ non-GAAP financial measures to its non-GAAP financial measures, and any future reconciliation may be material. Accelerates CDW’s service and solutions capabilities.

Uncertainty 102

Uncertainty Sales Finance Cost-Benefit 102

CIO Business Intelligence

SEPTEMBER 26, 2024

Not surprisingly, lower costs, productivity increases, and gains in security compliance highlighted the answers from most C-level responses. The non-profit healthcare system CISO is happy with AI’s benefits. “We What are the AI positives & negatives? We can do more with less,” they noted.

Cost-Benefit 115

Cost-Benefit Risk Enterprise Uncertainty 115

CIO Business Intelligence

JULY 10, 2024

And Google’s AI has made other high-profile flubs before, costing the company billions in market value. On top of this, Relex added instructions to its prompt to avoid answering any questions outside the company’s knowledge base, he says, and to express uncertainty when the question was at the limits of its knowledge or skills.

Enterprise 136

Enterprise Risk Modeling Risk Management 136

Rita Sallam

MAY 12, 2021

For the vendors that participate in the Bake-Off, it is in equal measure fun and extremely stressful. This engaged community of BI Bakers was a much welcomed side benefit of going virtual! And in the past, we have analyzed opioid epidemic data , traffic fatalities, college costs, and homelessness. This year’s was too!!

Data Analytics 59

Data Analytics Analytics Measurement Uncertainty 59

Jen Stirrup

NOVEMBER 15, 2022

The foundation should be well structured and have essential data quality measures, monitoring and good data engineering practices. However, analytics is more complex than viewing a chart showing that sales costs have increased by five per cent. Of course, the findings need to add value, but how do we measure this success?

Data Science 145

Data Science Digital Transformation Data-driven Measurement 145

Sisense

DECEMBER 13, 2021

But, many don’t know where to begin or how exactly to work with their data to their optimal benefit. By studying it, businesses can evolve and pivot to better fit their users’ needs, as well as how to prioritize the information in a way that benefits the health and growth of a business. Attracting new accounts and customers.

Data-driven 59

Data-driven IT Business Intelligence Cost-Benefit 59

Jet Global

JULY 14, 2022

The accrual basis of accounting measures the financial position and performance of your business by understanding economic events regardless of when cash transactions occur. It’s a measure of negative cash flow. Your cash flow position, or a cash position, simply measures how much money your company has at a particular point in time.

Finance 52

Finance Cost-Benefit Measurement Sales 52

Jet Global

JUNE 17, 2024

Benefits of Cash Flow Forecasting Business owners from start-ups to enterprise-level organizations know that cash flow forecasting is necessary but may not realize just how many benefits can be reaped from an accurate cash flow forecast. Indirect Method: Using financial ratios or industry benchmarks to estimate cash flows.

Forecasting 52

Forecasting Finance Sales Cost-Benefit 52