CIO Business Intelligence

AUGUST 27, 2024

Define clear objectives and secure executive buy-in Articulate challenges and benefits: Communicate the challenges posed by legacy applications and the potential benefits of APMR. Adopt modern technologies : Streamline modernization efforts with modern technologies to improve scalability, agility, and cost efficiency.

Cost-Benefit 110

Cost-Benefit Key Performance Indicator ROI Strategy 110

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

CIO Business Intelligence

JANUARY 3, 2024

In fact, VSM has been shown to deliver significant organizational benefits and quantifiable, financial ROI. In November 2023, Forrester Consulting conducted a Total Economic Impact™ (TEI) study, commissioned by Broadcom, which found organizations using ValueOps, a dedicated VSM solution, can realize significant financial benefits.

Management 133

Management ROI Cost-Benefit Data-driven 133

AWS Big Data

NOVEMBER 6, 2024

As applications process more and more data over time, customers are looking to reduce the compute costs for their stream processing applications. which enables you to reduce your stream processing cost by up to 33% compared to previous KCL versions. Additionally, we cover additional benefits that KCL 3.0 We then show how KCL 3.0

Cost-Benefit 102

Cost-Benefit Metadata Optimization Publishing 102

Timo Elliott

NOVEMBER 8, 2024

There was a great presentation by Mölnlycke Health Care on “Building the Business Case for RISE” by Mikael Björk – Global Director IT, and he explained that they had an impressive payback period of just 3½ years. Ignoring these benefits of the new platform vastly underestimates the *real* ROI.

ROI 59

ROI Cost-Benefit Technology IT 59

CIO Business Intelligence

NOVEMBER 19, 2024

There are many areas of research and focus sprouting from the capabilities presented through LLMs. The analyst firm Forrester named AI agents as one of its top 10 emerging technologies this year and that it will deliver benefits in the next two to five years. Let’s review a case study and see how we can start to realize benefits now.

Testing 122

Testing Cost-Benefit Interactive ROI 122

CIO Business Intelligence

SEPTEMBER 19, 2024

While indispensable for continued growth, these benefits are, crucially, more accessible than ever, even for those without the financial resources of bigger companies. Then there is the cost-efficiency of creating content through GenAI. On the front end, GenAI helps alleviate workloads on already lean customer support teams.

Cost-Benefit 115

Cost-Benefit Digital Transformation Marketing Optimization 115

CIO Business Intelligence

OCTOBER 24, 2024

But recent research by Ivanti reveals an important reason why many organizations fail to achieve those benefits: rank-and-file IT workers lack the funding and the operational know-how to get it done. There are enormous benefits in improving digital employee experience, and DEX remains an area that executive leaders are optimistic about.

IT 109

IT Metrics Cost-Benefit Measurement 109

CIO Business Intelligence

AUGUST 19, 2024

By proactively addressing these challenges, utilities can capitalize on the opportunities presented by the digital transformation and build a more resilient, sustainable, and future-proof grid. Grid modernization challenges The digital transformation required for grid modernization presents several challenges for electric utilities.

Digital Transformation 122

Digital Transformation Cost-Benefit Forecasting Technology 122

CIO Business Intelligence

JULY 2, 2024

CIOs face the daunting challenge of driving innovation while managing costs and ensuring practical implementation in a rapidly advancing digital landscape. This article presents essential strategies for CIOs to strike the optimal balance among innovation, value, cost, and practicality in tech investments.

Technology 111

Technology Cost-Benefit Digital Transformation Optimization 111

CIO Business Intelligence

MAY 8, 2024

For Expion Health, a cumbersome manual process to determine what rates to quote to potential new customers had become a cap on the healthcare cost management firm’s ability to grow its business. Expion hasn’t yet calculated the potential new business created, but the tool will save the company the cost of about 1.5 data analyst FTEs.

Insurance 111

Insurance IT Cost-Benefit Unstructured Data 111

CIO Business Intelligence

NOVEMBER 28, 2023

But getting to that point presents some unique challenges. Even with the benefits of cloud, there’s a reason that over 70 % of Fortune 500 companies’ data is stored on the mainframe. Modernize without breaking the bank One of the most important considerations for businesses weighing a move to the cloud comes down to costs.

Digital Transformation 119

Digital Transformation Cost-Benefit Strategy Optimization 119

CIO Business Intelligence

SEPTEMBER 9, 2024

But there comes a point in a new technology when its potential benefits become clear even if the exact shape of its evolution is opaque. Earlier this year, consulting firm BCG published a survey of 1,400 C-suite executives and more than half expected AI and gen AI to deliver cost savings this year. What are business leaders telling us?

Cost-Benefit 131

Cost-Benefit Experimentation ROI Digital Transformation 131

datapine

JANUARY 21, 2020

As a result, BI can benefit the overall evolution as well as the profitability of a company, regardless of niche or industry. Download here the top benefits cheat sheet, and start reporting! Benefits Of Business Intelligence And Reporting. Let’s see what the crucial benefits are: 1. What Is BI Reporting?

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

CIO Business Intelligence

APRIL 18, 2024

A new breed of AI assistant has set its sights on the enterprise user in recent months, with Microsoft and other vendors promising huge productivity gains that offset the cost. Its Copilot for Microsoft 365, a high-profile offering among the growing list of AI agents, costs $30 per seat per month, with a 300-seat minimum. No,” he says.

Cost-Benefit 140

Cost-Benefit ROI Sales Enterprise 140

CIO Business Intelligence

OCTOBER 22, 2024

But managing multicloud environments presents unique challenges, especially when it comes to the interoperability and workload-fluidity issues at the center of more deliberate — rather than happenstance — multicloud strategies. On the good, you get the benefits that may be unique to each provider and can price shop to some degree,” he says.

Strategy 128

Strategy Cost-Benefit Risk Enterprise 128

CIO Business Intelligence

FEBRUARY 28, 2024

The overwhelming consensus is that SD-WAN presents a compelling solution, addressing both technical and operational challenges. Flexibility, Scalability, and Implementation Challenges The flexibility and scalability of SD-WAN are underscored as crucial benefits for organizations embarking on digital transformation journeys.

Cost-Benefit 98

Cost-Benefit Digital Transformation ROI Strategy 98

CIO Business Intelligence

OCTOBER 29, 2024

As research suggests, the potential benefits of generative AI (genAI) adoption far outweigh the challenges, making it imperative for businesses to adopt a strategic approach toward scaling their AI implementation while observing guidelines for ESG compliance. Research indicates that the circular economy presents a $4.5

Enterprise 119

Enterprise Cost-Benefit Metrics Strategy 119

datapine

JULY 1, 2020

We will explain the ad hoc reporting meaning, benefits, uses in the real world, but first, let’s start with the ad hoc reporting definition. Your Chance: Want to benefit from modern ad hoc reporting? The Benefits Of Ad Hoc Reporting And Analysis. Try our professional reporting software for 14 days, completely free!

Reporting 260

Reporting Dashboards Cost-Benefit Visualization 260

Rocket-Powered Data Science

MAY 21, 2024

In a specific case [presented at GTC], the raw data consisted of a large collection of public documents, typical of a public or private document repository used for RAG.” (b Second question: What about technical debt and the cost of “lift and shift” to these new AI-ready architectures?

Cost-Benefit 239

Cost-Benefit Unstructured Data Enterprise Technology 239

CIO Business Intelligence

MAY 23, 2024

For starters, it presents the opportunity to finally realize the potential of IIoT and use connected devices to collect lots of different data types and learn from it without having to sort it first. “That includes appliances, machines, automobiles, streetlights, smart devices at home, locomotives, pets, and healthcare equipment,” he says.

Internet of Things 138

Internet of Things Cost-Benefit Enterprise Technology 138

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

AWS Big Data

OCTOBER 25, 2024

Gaining granular visibility into application-level costs on Amazon EMR on Amazon Elastic Compute Cloud (Amazon EC2) clusters presents an opportunity for customers looking for ways to further optimize resource utilization and implement fair cost allocation and chargeback models.

Metrics 80

Metrics Cost-Benefit Reporting Optimization 80

CIO Business Intelligence

APRIL 10, 2024

Yet the calculus may not be so simple when one considers the costs to operate there as well as the fact that GenAI systems sometimes produce outputs that even data engineers, data scientists, and other data-obsessed individuals struggle to understand. Cost concerns aren’t the only reason to conduct inferencing on premises.

Cost-Benefit 135

Cost-Benefit Modeling Strategy Interactive 135

Smart Data Collective

OCTOBER 6, 2023

One of the biggest benefits of data analytics is that it helps companies improve stability during times of uncertainty. Understanding the dynamics of seasonal shifts is crucial for companies to operate efficiently, reduce costs, and maximize profits.

Management 121

Management Analytics Predictive Analytics Cost-Benefit 121

CIO Business Intelligence

OCTOBER 12, 2023

In the business world, service desks are commonly designated as cost centers, a label that can sometimes limit their access to essential resources and support. Present your plan with a compelling story that engages stakeholders and emphasizes value. Use these items to highlight how your investment pays off over time.

Strategy 111

Strategy ROI IT Cost-Benefit 111

Cloudera

SEPTEMBER 5, 2018

It provides more relevant matches for KYC screening, enables better predictive algorithms for risk scoring, shortens time spent on investigation, and cuts down on costs to support periodic regulatory reviews. Investigations are labor intensive and make up the bulk of the cost in most AML programs. Link analysis.

Machine Learning 40

Machine Learning Risk Cost-Benefit Big Data 40

CIO Business Intelligence

MAY 12, 2023

Benefit 1: holistic security protection With the proliferation of on-premise, cloud, and SaaS systems, technology leaders are struggling to protect an increasingly diverse and expanding attack surface area from bad actors. Edgio To realize true cost savings from the edge requires a balanced approach.

Cost-Benefit 105

Cost-Benefit Digital Transformation Data-driven Marketing 105

IBM Big Data Hub

MARCH 27, 2024

As AI technology advances, the need for high-performance, cost-effective and easily deployable solutions reached unprecedented levels. Low infrastructure costs. Infrastructure costs are skyrocketing. This leads to exciting user benefits: High performance : Data is cached and processed in-memory.

Cost-Benefit 94

Cost-Benefit Data Processing Optimization Modeling 94

CIO Business Intelligence

FEBRUARY 15, 2024

Graded’s Ardolino says that when he presents a project to top management, he starts with a descriptive overview and then combines KPIs that can measure the estimated positive impact in different business areas, for example reduction in man hours or the benefits of data retrieval. C-suite support for investments is essential.

Strategy 134

Strategy Digital Transformation Cost-Benefit Forecasting 134

CIO Business Intelligence

MARCH 8, 2023

Public cloud Public cloud services are popular because they offer organizations flexibility, lower costs, and more rapid deployments. But these services present entirely different traffic patterns than those of the past. The reliance upon external, third-party networks presents significant blind spots.

Digital Transformation 98

Digital Transformation Cost-Benefit Data-driven Reporting 98

AWS Big Data

NOVEMBER 7, 2024

By moving to the latest engine versions, customers can derive maximum benefit from the new features, improved price-performance, and security improvements we make to OpenSearch. x series and because presently it continues to be supported by the open source community and AWS. Elasticsearch versions 7.1 OpenSearch versions from 1.0

Cost-Benefit 81

Cost-Benefit Software Analytics Management 81

CIO Business Intelligence

SEPTEMBER 12, 2024

If the code isn’t appropriately tested and validated, the software in which it’s embedded may be unstable or error-prone, presenting long-term maintenance issues and costs. Conclusion For C-suite executives, shadow AI presents formidable challenges but also significant opportunities.

Experimentation 111

Experimentation Risk Cost-Benefit Strategy 111

Cloudera

SEPTEMBER 6, 2018

They brought in Cloudera Enterprise to address an immediate problem at hand: for example, to handle an uptick in transaction volume, or to reduce the cost of archiving historical data. The riskCanvas application suite presents an alternative to in-house developed big data AML solutions. riskCanvas.

Machine Learning 40

Machine Learning Big Data Risk Unstructured Data 40

IBM Big Data Hub

FEBRUARY 5, 2024

Cloud computing continues to grow in popularity, and its scalability, functionality, cost-effectiveness and other potential benefits have helped transform traditional business models and update legacy systems, creating opportunities for various organizations. a migration will be.

Management 66

Management Cost-Benefit Strategy Risk 66

CIO Business Intelligence

SEPTEMBER 23, 2024

For example, condition-based monitoring presents unique challenges for manufacturing and power plants worldwide. In another example, energy systems at the edge also present unique challenges. Optimizing device performance within the typical edge constraints of power, energy, latency, space, weight, and cost is essential.

Manufacturing 122

Manufacturing Internet of Things Metadata Risk 122

CIO Business Intelligence

OCTOBER 4, 2023

At first glance, more distributed edge computing architectures will cause a replication of infrastructure in edge environments that benefit from economies of scale in the same way as the cloud. This presents a critical sustainability challenge.

Enterprise 124

Enterprise Cost-Benefit Manufacturing Metrics 124