CIO Business Intelligence

JANUARY 21, 2025

CIOs were given significant budgets to improve productivity, cost savings, and competitive advantages with gen AI. As gen AI heads to Gartners trough of disillusionment , CIOs should consider how to realign their 2025 strategies and roadmaps. AI at Wharton reports enterprises increased their gen AI investments in 2024 by 2.3

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

CIO Business Intelligence

DECEMBER 19, 2024

So far, no agreement exists on how pricing models will ultimately shake out, but CIOs need to be aware that certain pricing models will be better suited to their specific use cases. Lots of pricing models to consider The per-conversation model is just one of several pricing ideas.

Cost-Benefit 128

Cost-Benefit Modeling ROI Marketing 128

CIO Business Intelligence

APRIL 24, 2025

However, these applications only show a small glimpse of what is possible with large language models (LLMs). A rough estimate: A large company with ten departments, each with five core functions, could benefit from five specialized applications per function. How many such AI agents might a large company need?

Enterprise 117

Enterprise Sales Cost-Benefit B2B 117

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. Indeed, more than 80% of organisations agree that scaling GenAI solutions for business growth is a crucial consideration in modernisation strategies. [2]

Cost-Benefit 124

Cost-Benefit Data-driven Enterprise Risk 124

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 362

Advertising Cost-Benefit ROI Machine Learning 362

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

NOVEMBER 11, 2024

Research firm IDC projects worldwide spending on technology to support AI strategies will reach $337 billion in 2025 — and more than double to $749 billion by 2028. This is the easiest way to start benefiting from AI without needed the skills to develop your own models and applications.”

ROI 137

ROI Cost-Benefit Risk Experimentation 137

AWS Big Data

JANUARY 9, 2025

In our previous post Backtesting index rebalancing arbitrage with Amazon EMR and Apache Iceberg , we showed how to use Apache Iceberg in the context of strategy backtesting. Our analysis shows that Iceberg can accelerate query performance by up to 52%, reduce operational costs, and significantly improve data management at scale.

Metadata 111

Metadata Snapshot Cost-Benefit Optimization 111

CIO Business Intelligence

DECEMBER 10, 2024

CIOs have been able to ride the AI hype cycle to bolster investment in their gen AI strategies, but the AI honeymoon may soon be over, as Gartner recently placed gen AI at the peak of inflated expectations , with the trough of disillusionment not far behind. That doesnt mean investments will dry up overnight.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

CIO Business Intelligence

APRIL 30, 2025

The study found better oversight of business workflows to be the top perceived benefit of it. She sees potential in using agents to schedule client work and match client requirements with the best-skilled and cost-effective resources. Many organizations are in the process of moving AI hype into calculated action.

IT 132

IT Sales Cost-Benefit Data-driven 132

CIO Business Intelligence

MARCH 25, 2025

CIOs perennially deal with technical debts risks, costs, and complexities. Using the companys data in LLMs, AI agents, or other generative AI models creates more risk. Build up: Databases that have grown in size, complexity, and usage build up the need to rearchitect the model and architecture to support that growth over time.

Risk 140

Risk Cost-Benefit Data-driven Digital Transformation 140

CIO Business Intelligence

APRIL 8, 2025

I aim to outline pragmatic strategies to elevate data quality into an enterprise-wide capability. Key recommendations include investing in AI-powered cleansing tools and adopting federated governance models that empower domains while ensuring enterprise alignment. When financial data is inconsistent, reporting becomes unreliable.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

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

The key areas we see are having an enterprise AI strategy, a unified governance model and managing the technology costs associated with genAI to present a compelling business case to the executive team. Another area where enterprises have gained clarity is whether to build, compose or buy their own large language model (LLM).

Experimentation 97

Experimentation Cost-Benefit Enterprise Strategy 97

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

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. It’s a full-fledged platform … pre-engineered with the governance we needed, and cost-optimized.

IT 122

IT Insurance Consulting Risk 122

CIO Business Intelligence

OCTOBER 22, 2024

Cloud strategies are undergoing a sea change of late, with CIOs becoming more intentional about making the most of multiple clouds. A lot of ‘multicloud’ strategies were not actually multicloud. Today’s strategies are increasingly multicloud by intention,” she adds. “On

Strategy 128

Strategy Cost-Benefit Risk Enterprise 128

Cloudera

JANUARY 7, 2025

In todays dynamic digital landscape, multi-cloud strategies have become vital for organizations aiming to leverage the best of both cloud and on-premises environments. As enterprises navigate complex data-driven transformations, hybrid and multi-cloud models offer unmatched flexibility and resilience. Why Hybrid and Multi-Cloud?

Cost-Benefit 82

Cost-Benefit Optimization Data-driven Strategy 82

CIO Business Intelligence

JULY 22, 2024

IT leader and former CIO Stanley Mwangi Chege has heard executives complain for years about cloud deployments, citing rapidly escalating costs and data privacy challenges as top reasons for their frustrations. They, too, were motivated by data privacy issues, cost considerations, compliance concerns, and latency issues.

Optimization 128

Optimization Strategy IT Cost-Benefit 128

O'Reilly on Data

APRIL 22, 2020

These strategies contribute to perceptions of trust. For example, payday lending businesses are no doubt compliant with the law, but many aren’t models for good corporate citizenship. Compliance functions are powerful because legal violations result in clear financial costs. User buy-in cannot end with compliance with rules.

Cost-Benefit 323

Cost-Benefit Finance Data-driven Strategy 323

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 111

IT Cost-Benefit Optimization Manufacturing 111

CIO Business Intelligence

FEBRUARY 6, 2025

As Windows 10 nears its end of support, some IT leaders, preparing for PC upgrade cycles, are evaluating the possible cloud cost savings and enhanced security of running AI workloads directly on desktop PCs or laptops. AI PCs can run LLMs locally but for inferencing only not training models.

Cost-Benefit 91

Cost-Benefit Modeling Marketing Enterprise 91

CIO Business Intelligence

FEBRUARY 20, 2025

Decades-old apps designed to retain a limited amount of data due to storage costs at the time are also unlikely to integrate easily with AI tools, says Brian Klingbeil, chief strategy officer at managed services provider Ensono. AI models can then access the data they need without direct reliance on outdated apps.

Insurance 108

Insurance Cost-Benefit Unstructured Data Data Lake 108

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

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. It’s a full-fledged platform … pre-engineered with the governance we needed, and cost-optimized.

IT 105

IT Insurance Consulting Risk 105

O'Reilly on Data

APRIL 30, 2024

Others retort that large language models (LLMs) have already reached the peak of their powers. These are risks stemming from misalignment between a company’s economic incentives to profit from its proprietary AI model in a particular way and society’s interests in how the AI model should be monetised and deployed.

Risk 317

Risk Advertising Cost-Benefit Sales 317

O'Reilly on Data

NOVEMBER 28, 2023

And everyone has opinions about how these language models and art generation programs are going to change the nature of work, usher in the singularity, or perhaps even doom the human race. 16% of respondents working with AI are using open source models. 54% of AI users expect AI’s biggest benefit will be greater productivity.

Enterprise 342

Enterprise Modeling Testing Reporting 342

CIO Business Intelligence

MARCH 4, 2025

This approach will help businesses maximize the benefits of agentic AI while mitigating risks and ensuring responsible deployment. Abhas Ricky, chief strategy officer of Cloudera, recently noted on LinkedIn the cost challenges involved in managing AI agents.

Management 119

Management IT Cost-Benefit Enterprise 119

CIO Business Intelligence

JANUARY 9, 2025

Generative artificial intelligence ( genAI ) and in particular large language models ( LLMs ) are changing the way companies develop and deliver software. The commodity effect of LLMs over specialized ML models One of the most notable transformations generative AI has brought to IT is the democratization of AI capabilities.

Software 128

Software Enterprise Key Performance Indicator Machine Learning 128

CIO Business Intelligence

JANUARY 14, 2025

They achieve this through models, patterns, and peer review taking complex challenges and breaking them down into understandable components that stakeholders can grasp and discuss. Most importantly, architects make difficult problems manageable. This alignment sets the stage for how we execute our transformation.

Enterprise 119

Enterprise Technology Metrics Measurement 119

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

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

APRIL 9, 2025

There are many benefits of running workloads in the cloud, including greater efficiency, stronger performance, the ability to scale, and ubiquitous access to applications, data, and cloud-native services. A collaboration between Google Cloud and Broadcom enables organizations to take full advantage of this strategy.

Cost-Benefit 75

Cost-Benefit Sales Enterprise Strategy 75

CIO Business Intelligence

OCTOBER 10, 2024

The demand for ESG initiatives has become an integral part of a company’s strategy for long-term success, offering a promising future for those who embrace them. Training large AI models, for example, can consume vast computing power, leading to significant energy consumption and carbon emissions.

Metrics 124

Metrics Optimization Strategy Technology 124

AWS Big Data

MARCH 13, 2025

In this post, we explore the benefits of SageMaker Unified Studio and how to get started. From within the unified studio, you can discover data and AI assets from across your organization, then work together in projects to securely build and share analytics and AI artifacts, including data, models, and generative AI applications.

Analytics 112

Analytics Data Lake Data Warehouse Data-driven 112

CIO Business Intelligence

JULY 10, 2024

Google had to pause its Gemini AI model due to inaccuracies in historical images. The graphic below describes AI maturity levels as defined by IDC’s MaturityScape model. They correlate to a low AI maturity and typically bring limited benefits. They correlate to a moderate AI maturity and can bring moderate benefits.

Risk 111

Risk Strategy Consulting Cost-Benefit 111

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