CIO Business Intelligence

JULY 24, 2024

This stark reality underscores a critical challenge facing CIOs: building and maintaining a technology portfolio that’s not just cutting-edge but also delivers tangible value. Enter the Technology Investment Matrix — a holistic approach that spans four key phases: exploration, exploitation, evolution, and elimination.

Technology 98

Technology Experimentation Cost-Benefit ROI 98

IBM Big Data Hub

JULY 25, 2023

New technologies are shaping the way we produce, distribute and consume energy. But the import of smart grid technologies transcends utility companies; smart grids also empower consumers to take control of their energy consumption. One such technology is advanced metering infrastructure (AMI). Wi-Fi, Z-Wave, Zigbee and 4G/5G).

Optimization 56

Optimization Technology Measurement Cost-Benefit 56

CIO Business Intelligence

DECEMBER 6, 2023

Intelligent new services and infrastructure can optimize cost and performance, but the rapidly evolving technology environment also introduces complexity. Business transformation is a journey Great modern enterprises are only as good as their technology, which must keep pace with changing business demands.

Technology 116

Technology Digital Transformation Cost-Benefit Data-driven 116

Smart Data Collective

SEPTEMBER 10, 2023

We have talked at length about the benefits of cloud technology. In the ever-evolving landscape of networking solutions, cloud-based Network-as-a-Service (NaaS) has emerged as a transformative technology. Scalability: NaaS allows for easy scaling of services as needed, ensuring optimal performance.

Technology 115

Technology Cost-Benefit Data Processing Software 115

IBM Big Data Hub

MARCH 6, 2024

Businesses are increasingly embracing cloud infrastructure due to its scalability, flexibility and cost-effectiveness, among other benefits. Recent statistics indicate a significant rise in companies adopting cloud services to meet their operational and cost saving needs.

Optimization 73

Optimization Strategy Cost-Benefit Testing 73

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

Smart Data Collective

AUGUST 3, 2023

As the logistics sector continues to expand and evolve, blockchain technology is becoming an integral part of supply chain procedures. Its implementation offers numerous benefits and applications that streamline operations and enhance efficiency. Look at the top blockchain benefits and how they improve fleet management.

Technology 87

Technology Management Cost-Benefit Manufacturing 87

Smart Data Collective

SEPTEMBER 29, 2022

OCR is the latest new technology that data-driven companies are leveraging to extract data more effectively. There are a number of benefits of using it to your company’s advantage. The benefits of big data cannot be overstated. Data strategies are becoming more dependent on new technology that is arising.

Data-driven 138

Data-driven Data Quality Optimization Insurance 138

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 130

Cost-Benefit Risk Forecasting Software 130

CIO Business Intelligence

JUNE 6, 2023

The big picture: Modernizing applications can help companies take advantage of the latest technologies, streamline their operations, and stay ahead of the competition. The strongest business cases cite multiple benefits, and it isn’t unusual for application modernization projects to add value in three or more related categories of benefit.

Technology 105

Technology Cost-Benefit Measurement Marketing 105

CIO Business Intelligence

APRIL 29, 2024

While traditional approaches to bridging the profitability gap, like layoffs and budget cuts, can harm company culture, an innovative and practical alternative is capitalizing on technology budgets. However, it’s important to remember that headcount and budget cuts are not the only strategies to streamline costs.

Technology 64

Technology Cost-Benefit Data-driven Finance 64

CIO Business Intelligence

OCTOBER 16, 2024

As gen AI becomes embedded into more devices, endowing it with autonomous decision-making will depend on real-time data and avoiding excessive cloud costs. By processing data closer to the source, edge computing can enable quicker decisions and reduce costs by minimizing data transfers, making it an alluring environment for AI.

Cost-Benefit 143

Cost-Benefit Manufacturing Data-driven Optimization 143

AWS Big Data

APRIL 17, 2024

Amazon OpenSearch Service recently introduced the OpenSearch Optimized Instance family (OR1), which delivers up to 30% price-performance improvement over existing memory optimized instances in internal benchmarks, and uses Amazon Simple Storage Service (Amazon S3) to provide 11 9s of durability.

Optimization 120

Optimization Snapshot Metadata Cost-Benefit 120

Smart Data Collective

AUGUST 17, 2021

If your workflows are optimized, then you can save staff time, reduce errors, and function more professionally as a whole. Data analytics technology can help bolster efficiency in all of these regards. Here are some of the top ways to better optimize enterprise workflows with machine learning and data analytics technology.

Data-driven 126

Data-driven Optimization Enterprise Cost-Benefit 126

CIO Business Intelligence

NOVEMBER 19, 2024

To bridge this gap, CIOs and technology leaders must not only identify the barriers but also adopt strategic approaches to improve the success rate and deliver real business value from GenAI initiatives. High costs Failing: The infrastructure and computational costs for training and running GenAI models are significant.

Consulting 137

Consulting Cost-Benefit Experimentation Optimization 137

Smart Data Collective

DECEMBER 22, 2021

Artificial intelligence has become an invaluable form of technology for fostering better communications in the workplace. Artificial intelligence has been a beneficial changing force for many forms of communication technology. Video technology is becoming much more sophisticated. Video messaging is just one example.

Optimization 118

Optimization Cost-Benefit Technology Strategy 118

CIO Business Intelligence

MAY 24, 2022

Here we examine what CloudOps is, how it can benefit your organization, and the key issues you should keep in mind when implementing CloudOps in your enterprise. CloudOps is an operations practice for managing the delivery, optimization, and performance of IT services and workloads running in a cloud environment. Benefits of CloudOps.

Optimization 111

Optimization Cost-Benefit Enterprise Consulting 111

Ontotext

FEBRUARY 26, 2024

If one can figure out how to effectively reuse rockets, just like airplanes, the cost of access to space will be reduced by as much as a factor of a hundred.” ” Elon Musk SpaceX succeeded in building reusable rockets, drastically reducing the cost of sending them into orbit or taking astronauts to the International Space Station.

Technology 52

Technology Cost-Benefit Data-driven Metadata 52

Smart Data Collective

JUNE 28, 2022

The growth of smart technology is one of the most beneficial trends brought on by advances in AI. Smart technology is also being used by businesses and government institutions around the world. Many factors are driving the demand for smart technology. Fortunately, data scalability has made smart technology more accessible.

Technology 115

Technology Cost-Benefit Consulting Data-driven 115

IBM Big Data Hub

JUNE 14, 2023

Smart manufacturing (SM)—the use of advanced, highly integrated technologies in manufacturing processes—is revolutionizing how companies operate. Smart manufacturing, as part of the digital transformation of Industry 4.0 , deploys a combination of emerging technologies and diagnostic tools (e.g.,

Manufacturing 71

Manufacturing Technology Internet of Things Cost-Benefit 71

AWS Big Data

NOVEMBER 27, 2024

Today, we’re excited to announce the availability of Intel Advanced Vector Extensions 512 (AVX-512) technology acceleration on vector search workloads when you run OpenSearch 2.17+ domains with the 4 th generation Intel Xeon Intel instances on the Amazon OpenSearch Service. When you run OpenSearch 2.17

Cost-Benefit 105

Cost-Benefit Machine Learning Optimization Software 105

CIO Business Intelligence

FEBRUARY 1, 2023

As organizations of all stripes continue their migration to the cloud, they are coming face to face with sometimes perplexing cost issues, forcing them to think hard about how best to optimize workloads, what to migrate, and who exactly is responsible for what. leading to poor performance and high cost.

Optimization 111

Optimization Cost-Benefit Consulting Strategy 111

Smart Data Collective

JUNE 28, 2023

3D-printed concrete is a revolutionary technology that has been making waves in the construction industry over the last few years. Kishor K talked about the benefits of Generative AI for 3D printing , but we wanted to talk in more detail specifically about 3D-printed concrete.

Technology 82

Technology Cost-Benefit Software Modeling 82

CIO Business Intelligence

OCTOBER 4, 2024

The extraordinary potential of generative AI (GenAI) has seen businesses scrambling to adopt the technology and realize untapped opportunities. A robust foundation, one founded on a digital workforce and an AI-optimized infrastructure, is necessary to reap the technology’s outsized rewards.

Cost-Benefit 128

Cost-Benefit Risk Optimization Machine Learning 128

Smart Data Collective

JUNE 3, 2022

Artificial intelligence technology is profoundly changing the trajectory of the design profession. AI technology is a breaking technology that is forever changing the design field. To begin with, Product Designers and UX Designers both play crucial roles in how technology or products are used on a daily basis.

Optimization 109

Optimization Cost-Benefit Data-driven Testing 109

CIO Business Intelligence

JUNE 26, 2023

billion to help enterprises optimize their IT expenditure, particularly cloud costs, as they try to navigate uncertain macroeconomic conditions. Apptio, which has over 1,500 enterprise customers, also integrates with technology from AWS, Microsoft Azure, Salesforce, Google Cloud, Oracle, Salesforce and SAP.

Optimization 92

Optimization IT Cost-Benefit Consulting 92

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 85

Analytics Cost-Benefit Finance Data-driven 85

Cloudera

DECEMBER 19, 2023

There, I met with IT leaders across multiple lines of business and agencies in the US Federal government focused on optimizing the value of AI in the public sector. AI can optimize citizen-centric service delivery by predicting demand and customizing service delivery, resulting in reduced costs and improved outcomes.

Optimization 88

Optimization Cost-Benefit Unstructured Data Risk 88

IBM Big Data Hub

NOVEMBER 30, 2023

Chief Supply Chain Officers (CSCO) and other executives seek to optimize their supply chain by infusing AI, modernizing their technology and addressing sustainability goals. In addition, there can be financial benefits, such as a solution cost savings of 10%, reduced holding costs and improved gross margin return on investment.

Optimization 48

Optimization Cost-Benefit Risk Sales 48

CIO Business Intelligence

NOVEMBER 18, 2022

But when not managed strategically in the long run, cloud spending can quickly escalate and impact margins, cost of goods sold (COGS), and cost of revenue (COR). To optimize cloud investments, C-level executives are increasingly adopting cloud financial operations (FinOps).

Optimization 91

Optimization KPI Key Performance Indicator Cost-Benefit 91

CIO Business Intelligence

NOVEMBER 28, 2024

For enterprises operating on the cloud, security and cost management are rising concerns. For example, from a technology perspective, cloud security posture management (CSPM) and cloud workload protection platforms (CWPPs) are brimming with data that can assist FinOps teams, in addition to what they already do for security teams.

Cost-Benefit 126

Cost-Benefit Metrics Key Performance Indicator Reporting 126

Smart Data Collective

APRIL 20, 2022

Any company that wants to implement a successful marketing strategy needs to invest in analytics technology. A growing number of companies are discovering the benefits of using analytics as part of their telemarketing strategy. Any B2B organization can benefit from outsourcing to a dependable telemarketing firm.

Strategy 110

Strategy Optimization Analytics B2B 110

Smart Data Collective

JULY 20, 2022

A growing number of businesses use big data technology to optimize efficiency. Part of the reason is that they focus almost entirely on the technology itself without a clear plan for leveraging it effectively. This illustrates the benefits of combining big data and lean thinking. What is Lean Thinking?

Data-driven 129

Data-driven Optimization Big Data Data Strategy 129

Cloudera

DECEMBER 20, 2022

With the right insights, energy production from renewable assets can be optimized and better predict the future of supply and demand. Organizations working in traditional energy generation will have to adjust costs by improving the efficiency of these plants. Investment is unavoidable, so the question becomes about smart investment.

Optimization 79

Optimization Data Analytics Analytics Cost-Benefit 79

Smart Data Collective

DECEMBER 19, 2022

Cloud technology has upended the medical industry in recent years. billion on cloud technology. Cloud computing offers a number of important benefits for healthcare providers. One of the biggest advantages of cloud technology is that it helps make medical billing more efficient. Code patient reports correctly.

Software 122

Software Technology Insurance Cost-Benefit 122