CIO Business Intelligence

DECEMBER 19, 2024

It also has the benefit that as underlying AI costs drop over time service providers can extract more margin for this work. A third way that AI agents could be priced is by calculating the underlying costs and charging a small markup, he says. Potentially good for customers, but maybe not for shareholder returns.

Cost-Benefit 128

Cost-Benefit Modeling ROI Marketing 128

CIO Business Intelligence

APRIL 25, 2024

The ROI dilemma IT leaders also face the ongoing challenge of demonstrating and calculating the return on investment (ROI) of technology initiatives. The ROI dilemma IT leaders also face the ongoing challenge of demonstrating and calculating the return on investment (ROI) of technology initiatives.

ROI 136

ROI Cost-Benefit Machine Learning Technology 136

CIO Business Intelligence

MAY 2, 2024

But not every approach provides the same ROI. Each approach comes with its own benefits, time commitments, and cost. What are the benefits of each of the cloud modernization approaches? How much does each approach cost, in terms of both money and time?

ROI 98

ROI Cost-Benefit Manufacturing Strategy 98

CIO Business Intelligence

NOVEMBER 11, 2024

While the ROI of any given AI project remains uncertain , one thing is becoming clear: CIOs will be spending a whole lot more on the technology in the years ahead. 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

CIO Business Intelligence

NOVEMBER 19, 2024

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. Investments in AI agent projects are expected to yield orders of magnitude in ROI and business value if companies select high-impact use cases. Did this need to be an agent?

Testing 135

Testing Cost-Benefit Interactive ROI 135

CIO Business Intelligence

DECEMBER 11, 2024

Travel and expense management company Emburse saw multiple opportunities where it could benefit from gen AI. Both types of gen AI have their benefits, says Ken Ringdahl, the companys CTO. Another benefit is that with open source, Emburse can do additional model training. You get more control over your costs.

Cost-Benefit 115

Cost-Benefit Modeling Marketing Sales 115

Smart Data Collective

FEBRUARY 16, 2023

One of the biggest benefits involves using machine learning to improve the performance of their social media marketing strategies. How Can Machine Learning Boost Your Social Media Marketing ROI? In this article, we will discuss a few of the many benefits social media can provide for your company and how machine learning can help.

Machine Learning 140

Machine Learning ROI Marketing Advertising 140

CIO Business Intelligence

JANUARY 7, 2025

In 2025, businesses intentional with upskilling will maximize AI benefits with a competitive edge, while those who rush to incorporate AIs next big thing before their team is ready will be hindered in their efforts to innovate. 2025 will be the year when generative AI needs to generate value, says Louis Landry, CTO at Teradata.

Digital Transformation 143

Digital Transformation Experimentation Cost-Benefit Strategy 143

BA Learnings

MARCH 26, 2020

While some companies identify business benefits with the sole intention of getting business cases approved, more mature companies tend to devote their resources to tracking and measuring these business benefits after the projects have been concluded. This is particularly important to note when developing a cost-benefit analysis.

Key Performance Indicator 207

Key Performance Indicator Cost-Benefit ROI Measurement 207

Smart Data Collective

DECEMBER 15, 2021

But driving sales through the maximization of profit and minimization of cost is impossible without data analytics. Whether marketers intend to reach new customers or persuade the existing ones, here are ways analytics is boosting returns on investment (ROI): 1. Increased Customer Growth. Reduced Risks.

ROI 134

ROI Marketing Data Analytics Analytics 134

CIO Business Intelligence

JANUARY 21, 2025

And if youre moving from versions older than Oracle Database 19c, get ready for a multi-step upgrade marathon at a substantial cost. FOMO vs. ROI: Know the difference While the shiny new object is being paraded, dont forget that typically with each upgrade, some key capabilities are also phased out.

Cost-Benefit 97

Cost-Benefit ROI Data-driven Risk 97

CIO Business Intelligence

DECEMBER 30, 2024

Generative AI has seen faster and more widespread adoption than any other technology today, with many companies already seeing ROI and scaling up use cases into wide adoption. Anshu Bhardwaj, SVP and COO at Walmart Global Technology says that consumers arent the only ones who stand to benefit from mobile AI.

ROI 141

ROI Software Modeling Interactive 141

CIO Business Intelligence

DECEMBER 10, 2024

Proving the ROI of AI can be elusive , but rushing to achieve it can prove costly. Bogdan Raduta, head of AI at FlowX.AI, says, Gen AI holds big potential for efficiency, insight, and innovation, but its also absolutely important to pinpoint and measure its true benefits.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

CIO Business Intelligence

DECEMBER 18, 2024

Resilience frameworks have measurable ROI, but they require a holistic, platform-based approach to curtail threats and guide the safe use of AI, he adds. Measuring the benefits A strong resilience strategy brings a handful of benefits, one of which is improved productivity , says Rajavel.

Risk 105

Risk Risk Management Cost-Benefit Measurement 105

datapine

APRIL 13, 2021

Starting with its definition, following with the benefits of agency reports, a list of tools, and a set of agency dashboard examples. Explore our 14 days free trial & benefit from interactive agency reports! Agencies benefit from interactive dashboard tools to prove the success of their strategies and campaigns to clients.

Dashboards 256

Dashboards Reporting Analytics Cost-Benefit 256

datapine

SEPTEMBER 29, 2022

More generally, low-quality data can impact productivity, bottom line, and overall ROI. No, its ultimate goal is to increase return on investment (ROI) for those business segments that depend upon data. Industry-wide, the positive ROI on quality data is well understood. The 5 Pillars of Data Quality Management. 1 – The people.

Data Quality 241

Data Quality Metrics Data-driven Management 241

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

datapine

JANUARY 31, 2022

Because things are changing and becoming more competitive in every sector of business, the benefits of business intelligence and proper use of data analytics are key to outperforming the competition. It will ultimately help them spot new business opportunities, cut costs, or identify inefficient processes that need reengineering.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

CIO Business Intelligence

NOVEMBER 13, 2024

So for all its vaunted benefits to efficiency, gen AI doesn’t always reduce workloads. At least 30% of gen AI projects will be abandoned by the end of 2025, the research firm predicts, due to unclear business value — as well as poor data quality, inadequate risk controls, and escalating costs.

IT 141

IT Consulting ROI Cost-Benefit 141

CIO Business Intelligence

JANUARY 3, 2024

Organizations considering value stream management (VSM) must look at several deciding factors, not the least of which is the potential return on investment (ROI). In fact, VSM has been shown to deliver significant organizational benefits and quantifiable, financial ROI. Organizational Alignment that reduces costs.

Management 133

Management Cost-Benefit ROI Data-driven 133

datapine

MAY 21, 2019

Armed with BI-based prowess, these organizations are a testament to the benefits of using online data analysis to enhance your organization’s processes and strategies. Many are also overwhelmed by where to start, worried about cost and effort, and discouraged by stories of BI failures. “Up And the success stories are seemingly endless.

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards ROI 183

Corinium

JUNE 6, 2019

For instance, for a variety of reasons, in the short term, CDAOS are challenged with quantifying the benefits of analytics’ investments. Also, design thinking should play a large role in analytics in terms of how it will benefit the organization and exactly how people will react to and adopt the resulting insights. It is fast and slow.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

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

FEBRUARY 1, 2024

When organizations buy a shiny new piece of software, attention is typically focused on the benefits: streamlined business processes, improved productivity, automation, better security, faster time-to-market, digital transformation. It can help uncover hidden costs that could come back to bite you down the road.

Software 131

Software Enterprise Cost-Benefit ROI 131

datapine

JULY 3, 2019

Like most digital marketing mediums, there are a number of KPI examples you can associate with these platforms – and if tracked, measured, and analyzed to their maximum capacity, social KPIs will help your business expand its commercial reach while increasing engagement, boosting revenue, and significantly improving your ROI.

Metrics 219

Metrics KPI Strategy ROI 219

Smart Data Collective

AUGUST 23, 2023

One of the benefits is that data analytics helps measure the ROI of trade show marketing more effectively. This is one of the many benefits of big data in marketing. Cost-Effective Impact: Building trade show booths and installing them may be expensive projects.

Big Data 98

Big Data ROI Marketing Advertising 98

datapine

JANUARY 6, 2022

Before any serious data analysis can begin, the scale of measurement must be decided for the data as this will have a long-term impact on data interpretation ROI. Now that we have seen how to interpret data, let’s move on and ask ourselves some questions: what are some data interpretation benefits? minimal growth).

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

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

datapine

FEBRUARY 22, 2022

2) BI Strategy Benefits. Without real-time insight into their data, businesses remain reactive, miss strategic growth opportunities, lose their competitive edge, fail to take advantage of cost savings options, don’t ensure customer satisfaction… the list goes on. Benefits Of Implementing a BI Strategy. Table of Contents.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Dashboards 218

CIO Business Intelligence

SEPTEMBER 12, 2024

Recent research by Vanson Bourne for Iron Mountain found that 93% of organizations are already using genAI in some capacity, while Gartner research suggests that genAI early adopters are experiencing benefits including increases in revenue (15.8%), cost savings (15.2%) and productivity improvements (22.6%), on average.

ROI 110

ROI Cost-Benefit Unstructured Data Metadata 110

CIO Business Intelligence

MARCH 6, 2024

Multiple attacks on well-known manufacturers have ended with huge expenses, including Austrian aerospace parts maker, FACC AG, which lost $61 million thanks to a phishing scam , and Norsk-Hydro , which was hit by a ransomware attack that cost $75 million. The first is the ability to get to ROI faster. To learn more, visit us here.

Manufacturing 126

Manufacturing Cost-Benefit ROI IoT 126

CIO Business Intelligence

JUNE 9, 2023

Without it, businesses incur steep costs, but the downside, or costs, are often unclear because calculating data management’s return on investment (ROI), or upside, is a murky exercise. For many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents.

Strategy 116

Strategy Management Key Performance Indicator Cost-Benefit 116

CIO Business Intelligence

JULY 5, 2024

This is why many enterprises are seeing a lot of energy and excitement around use cases, yet are still struggling to realize ROI. So, to maximize the ROI of gen AI efforts and investments, it’s important to move from ad-hoc experimentation to a more purposeful strategy and systematic approach to implementation.

ROI 124

ROI Experimentation Risk Cost-Benefit 124

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. Instant insights.

Dashboards 220

Dashboards Cost-Benefit Sales Metrics 220

Smart Data Collective

SEPTEMBER 30, 2021

Big data and the artificial intelligence technologies used to leverage it can go beyond market predictions, and you can use data to improve working processes and optimize your return on investment (ROI). In this post, we’ll explore how organizations can leverage big data and AI instruments to improve their ROI.

Big Data 139

Big Data B2B ROI Cost-Benefit 139

CIO Business Intelligence

JANUARY 7, 2025

In todays fast-paced digital landscape, the cloud has emerged as a cornerstone of modern business infrastructure, offering unparalleled scalability, agility, and cost-efficiency. This serves as a baseline to drive cloud adoption and getting started with a shifting mindset on how to make money with cloud and not just cost savings alone.

Optimization 98

Optimization Strategy Cost-Benefit Enterprise 98

datapine

SEPTEMBER 6, 2022

Modern content performance reports in the shape of an interactive online dashboard present an intuitive and accessible way to assess your content’s success and its ROI in real-time and in one centralized location. Cost per lead (CPL). Let’s get started! What Is Content Reporting? C-level Content Marketing Reporting.

Dashboards 179

Dashboards Reporting Metrics ROI 179