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. Maintaining, updating, and patching old systems is a complex challenge that increases the risk of operational downtime and security lapse.

Cost-Benefit 124

Cost-Benefit Data-driven Enterprise Risk 124

CIO Business Intelligence

JANUARY 21, 2025

CIOs were given significant budgets to improve productivity, cost savings, and competitive advantages with gen AI. AI at Wharton reports enterprises increased their gen AI investments in 2024 by 2.3 A human-centric approach helps with the change management efforts around using agentic AI while evaluating the benefits and risks.

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

CIO Business Intelligence

JANUARY 7, 2025

Regardless of the driver of transformation, your companys culture, leadership, and operating practices must continuously improve to meet the demands of a globally competitive, faster-paced, and technology-enabled world with increasing security and other operational risks.

Digital Transformation 143

Digital Transformation Experimentation Cost-Benefit Strategy 143

datapine

JUNE 29, 2022

1) What Are Accounting Reports? 2) Why Do You Need Accounting Reports? 3) Types Of Accounting Reports. 4) Accounting Reports Examples. 5) The Role Of Visuals In Accountant Reports. On the basis of every company’s competent management, we can find accounting reports. What Are Accounting Reports?

Visualization 200

Visualization Reporting Cost-Benefit Snapshot 200

datapine

JUNE 15, 2023

Table of Contents 1) What Is A Performance Report? 2) The Importance of Performance Reports 3) Performance Report Examples 4) Performance Reporting Tips Performance reporting has been a traditional business practice for decades now. At the time, this was not an issue, as the static nature of reporting was the norm.

Reporting 207

Reporting Dashboards Cost-Benefit Sales 207

CIO Business Intelligence

JULY 23, 2024

Call it survival instincts: Risks that can disrupt an organization from staying true to its mission and accomplishing its goals must constantly be surfaced, assessed, and either mitigated or managed. While security risks are daunting, therapists remind us to avoid overly stressing out in areas outside our control.

Risk 142

Risk IT Risk Management Cost-Benefit 142

CIO Business Intelligence

OCTOBER 22, 2024

“Organizations that deploy AI to eliminate middle management human workers will be able to capitalize on reduced labor costs in the short-term and long-term benefits savings,” Gartner stated. “AI Impactful AI insights will at first seem like a minority report that doesn’t reflect the majority view of board members,” said Plummer.

Enterprise 135

Enterprise Risk IoT Cost-Benefit 135

CIO Business Intelligence

MARCH 19, 2025

In a report released in early January, Accenture predicts that AI agents will replace people as the primary users of most enterprise systems by 2030. There are risks around hallucinations and bias, says Arnab Chakraborty, chief responsible AI officer at Accenture. And thats just the beginning.

Software 143

Software Risk Enterprise Cost-Benefit 143

CIO Business Intelligence

DECEMBER 2, 2024

While CIOs understand the crushing weight of technical debt — now costing US companies $2.41 The more strategic concern isn’t just the cost— it’s that technical debt is affecting companies’ abilities to create new business, and saps the means to respond to shifting market conditions. You’re not alone.

ROI 136

ROI Cost-Benefit Metrics Strategy 136

CIO Business Intelligence

JANUARY 21, 2025

Wei attributed the delays at TSMCs Arizona factory to a combination of complex compliance requirements, local construction regulations, and extensive permitting processes, according to a Reuters report. Supply chain constraints, such as higher material costs and logistical challenges, further increase expenses.

Manufacturing 116

Manufacturing Cost-Benefit Recreation/Entertainment Technology 116

Smart Data Collective

JUNE 19, 2022

Since AI has proven to be so valuable, an estimated 37% of companies report using it. AI is particularly helpful with managing risks. How AI Can Help Suppliers Manage Risks Better. The benefits of AI stem from the need to manage close relationships with business stakeholders, which is a difficult task.

Risk 144

Risk Cost-Benefit Risk Management Manufacturing 144

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 204

Cost-Benefit Risk Forecasting Software 204

datapine

JANUARY 18, 2023

Table of Contents 1) What Is The Report Definition? 2) Top 14 Types Of Reports 3) What Does A Report Look Like? Businesses have been producing reports since, forever. This presents a problem for many modern organizations today as building reports can take from hours to days. What Is The Report Definition?

Reporting 201

Reporting Metrics Dashboards Visualization 201

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

The results can be used to uncover the source of bottlenecks, delays, unseen risks and unnecessary workloads that, in turn, allows organizations to institute improvements. The software streamlines collecting data for planning and reporting and facilitates assigning responsibility within an enterprise to achieve ESG-related objectives.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

CIO Business Intelligence

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. It’s a full-fledged platform … pre-engineered with the governance we needed, and cost-optimized.

IT 122

IT Insurance Consulting Risk 122

O'Reilly on Data

NOVEMBER 28, 2023

As of November 2023: Two-thirds (67%) of our survey respondents report that their companies are using generative AI. Unexpected outcomes, security, safety, fairness and bias, and privacy are the biggest risks for which adopters are testing. 54% of AI users expect AI’s biggest benefit will be greater productivity.

Enterprise 339

Enterprise Testing Modeling Reporting 339

CIO Business Intelligence

DECEMBER 10, 2024

According to AI at Wartons report on navigating gen AIs early years, 72% of enterprises predict gen AI budget growth over the next 12 months but slower increases over the next two to five years. That doesnt mean investments will dry up overnight. Proving the ROI of AI can be elusive , but rushing to achieve it can prove costly.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

CIO Business Intelligence

NOVEMBER 13, 2024

According to a new IDC report , 98% of business leaders view AI as a priority for their organization and the research firm expects AI to add $20 trillion to the global economy through 2030. So for all its vaunted benefits to efficiency, gen AI doesn’t always reduce workloads. And we’re at risk of being burned out.”

IT 141

IT Consulting ROI Cost-Benefit 141

CIO Business Intelligence

MAY 24, 2024

GRC certifications validate the skills, knowledge, and abilities IT professionals have to manage governance, risk, and compliance (GRC) in the enterprise. Enter the need for competent governance, risk and compliance (GRC) professionals. What are GRC certifications? Why are GRC certifications important?

Risk 119

Risk Risk Management Management Enterprise 119

CIO Business Intelligence

DECEMBER 19, 2024

Below, I recap my virtual event conversation with two IT leaders, who shared their first-hand experience of the benefits that BMC Helix solutions have delivered in respective use cases. They automated remediation and significantly improved MTTR and overall service quality.

IT 98

IT Insurance Cost-Benefit Optimization 98

CIO Business Intelligence

JULY 10, 2024

We examine the risks of rapid GenAI implementation and explain how to manage it. These examples underscore the severe risks of data spills, brand damage, and legal issues that arise from the “move fast and break things” mentality. This is a risk that many organizations don’t consider.

Risk 111

Risk Strategy Consulting Cost-Benefit 111

CIO Business Intelligence

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. It’s a full-fledged platform … pre-engineered with the governance we needed, and cost-optimized.

IT 105

IT Insurance Consulting Risk 105

CIO Business Intelligence

APRIL 8, 2025

Fragmented systems, inconsistent definitions, legacy infrastructure and manual workarounds introduce critical risks. The decisions you make, the strategies you implement and the growth of your organizations are all at risk if data quality is not addressed urgently. When financial data is inconsistent, reporting becomes unreliable.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

CIO Business Intelligence

MARCH 25, 2025

Design reporting and monitoring In this step, essential key performance indicators (KPIs) should be defined for later reporting. Those KPIs should be aligned with the compliance objectives and serve as a basis for later reporting. Through needs-based shoring, the company can benefit from additional efficiency gains.

IT 95

IT Key Performance Indicator Risk Reporting 95

CIO Business Intelligence

DECEMBER 14, 2023

As CIOs seek to achieve economies of scale in the cloud, a risk inherent in many of their strategies is taking on greater importance of late: consolidating on too few if not just a single major cloud vendor. This is the kind of risk that may increasingly keep CIOs up at night in the year ahead.

Risk 131

Risk Cost-Benefit Strategy Risk Management 131

datapine

AUGUST 19, 2020

Explore our modern reporting software for 14 days, completely free! Among other things, they help in improving on-time deliveries, in reducing operating costs, in increasing customer satisfaction, or in optimizing transport. You can calculate it by dividing the costs of goods sold by the average inventory. Inventory turnover.

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

CIO Business Intelligence

AUGUST 21, 2024

The previous state-of-the-art sensors cost tens of thousands of dollars, adds Mattmann, who’s now the chief data and AI officer at UCLA. Adding smarter AI also adds risk, of course. “At The big risk is you take the humans out of the loop when you let these into the wild.” They also had extreme measurement sensitivity.

Risk 136

Risk Insurance Cost-Benefit Software 136

datapine

NOVEMBER 27, 2019

The development of business intelligence to analyze and extract value from the countless sources of data that we gather at a high scale, brought alongside a bunch of errors and low-quality reports: the disparity of data sources and data types added some more complexity to the data integration process. 3) Artificial Intelligence.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

CIO Business Intelligence

JANUARY 9, 2025

In 2024, squeezed by the rising cost of living, inflationary impact, and interest rates, they are now grappling with declining consumer spending and confidence. Salesforces recent State of Commerce report found that 80% of eCommerce businesses already leverage AI solutions. But 2025 and 2026 will bear good news, according to Deloitte.

B2B 105

B2B Cost-Benefit Data-driven Sales 105

CIO Business Intelligence

FEBRUARY 20, 2024

While cloud risk analysis should be no different than any other third-party risk analysis, many enterprises treat the cloud more gently, taking a less thorough approach. Interrelations between these various partners further complicate the risk equation. That’s where the contract comes into play.

Risk 131

Risk Enterprise Strategy Snapshot 131

CIO Business Intelligence

AUGUST 5, 2022

A vast majority of enterprises globally are overspending in the cloud, according to a new HashiCorp-Forrester report. The report showed that a majority of enterprises surveyed were already using multicloud infrastructures. Further, the report said that 90% of respondents claimed a multicloud strategy is working for their enterprises.

Reporting 124

Reporting Enterprise Cost-Benefit Digital Transformation 124

CIO Business Intelligence

MARCH 5, 2025

According to a recent survey by Foundry , nearly all respondents (97%) reported that their organization is impacted by digital friction, defined as the unnecessary effort an employee must exert to use data or technology for work. Asset information management is a key tool in predictive maintenance.

Management 86

Management Data-driven Cost-Benefit Risk 86

David Menninger's Analyst Perspectives

DECEMBER 31, 2024

Enterprises that adopt RPA report reductions in process cycle times and operational costs. RPA : RPAs ability to replicate human tasks efficiently enables enterprises to realize immediate operational cost savings. Additionally, RPA allows for continuous operation beyond human working hours, thereby enhancing overall throughput.

Cost-Benefit 130

Cost-Benefit Data-driven Enterprise Business Objectives 130

datapine

NOVEMBER 5, 2019

All areas of your modern-day business – from supply chain success to improved reporting processes and communications, interdepartmental collaboration, and general organization innovation – can benefit significantly from the use of analytics, structured into a live dashboard that can improve your data management efforts.

Dashboards 220

Dashboards Cost-Benefit Sales Metrics 220

DataKitchen

NOVEMBER 5, 2024

This intermediate layer strikes a balance by refining data enough to be useful for general analytics and reporting while still retaining flexibility for further transformations in the Gold layer. The Medallion architecture offers several benefits, making it an attractive choice for data engineering teams.

Data Quality 195

Data Quality Testing Metrics Reporting 195

CIO Business Intelligence

JANUARY 3, 2024

According to G2’s latest state of software report, AI is the fastest-growing software category in G2 history. The goal, he says, is to understand how AI will benefit Rich’s business overall. “We The risk of going out of business is just one of many disaster scenarios that early adopters have to grapple with.

Risk 131

Risk Enterprise Modeling Marketing 131

O'Reilly on Data

APRIL 5, 2023

In 2018, Reuters reported that Amazon had scrapped an AI recruiting tool that had developed a bias against female applicants. The bat, he tells us, costs a dollar more than the ball. How much does the ball cost? What are the benefits and who benefits?’” As human beings, we tend to favor simple solutions.

Cost-Benefit 302

Cost-Benefit Data-driven Measurement Visualization 302