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

NOVEMBER 27, 2024

To fully benefit from AI, organizations must take bold steps to accelerate the time to value for these applications. People : To implement a successful Operational AI strategy, an organization needs a dedicated ML platform team to manage the tools and processes required to operationalize AI models.

Data Architecture 128

Data Architecture Cost-Benefit Machine Learning Experimentation 128

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 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] The solutionGenAIis also the beneficiary.

Cost-Benefit 124

Cost-Benefit Data-driven Enterprise Risk 124

CIO Business Intelligence

JANUARY 6, 2025

And ensure effective and secure AI rollouts AI is everywhere, and while its benefits are extensive, implementing it effectively across a corporation presents challenges. Bots will handle common inquiries ranging from sales account summaries to HR benefits, reducing response times and freeing up resources for strategic initiatives, she says.

IT 140

IT Cost-Benefit Measurement Experimentation 140

CIO Business Intelligence

NOVEMBER 14, 2023

Although some continue to leap without looking into cloud deals, the value of developing a comprehensive cloud strategy has become evident. Today we face the harsh reality of cloud costs, if not done right,” says Jay Upchurch, executive vice president and CIO at SAS. And the costs recur monthly or quarterly,” Upchurch says.

Strategy 145

Strategy Cost-Benefit IT Key Performance Indicator 145

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

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 Measurement 143

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

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.

Strategy 128

Strategy Cost-Benefit Risk Enterprise 128

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 106

Metadata Snapshot Cost-Benefit Optimization 106

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

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

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. CIOs should also consider total cost of ownership, he says.

Cost-Benefit 128

Cost-Benefit Modeling ROI Marketing 128

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

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

datapine

AUGUST 12, 2020

Whether you manage a big or small company, business reports must be incorporated to establish goals, track operations, and strategy, to get an in-depth view of the overall company state. Knowing how to prepare and create one with the help of an online data analysis tool can reduce costs and time to decide on a relevant course of action.

Reporting 297

Reporting Dashboards Visualization Cost-Benefit 297

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

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

CIO Business Intelligence

DECEMBER 18, 2024

CIOs are facing these challenges head-on by designing integrated resilience strategies to future-proof their organizations. The pandemic has further underscored the importance of resilience, prompting CIOs to prioritize not only immediate risk management but also long-term resilience strategies, says Rajavel.

Risk 105

Risk Risk Management Cost-Benefit Measurement 105

datapine

JUNE 23, 2020

Not only are you responsible for the ongoing financial strategy of your organization, but you’re probably expected to provide timely, accurate reports to a variety of stakeholders. Benefit from great CFO dashboards & reports! Benefit from great CFO dashboards & reports! Let’s get started. What Is A CFO Dashboard?

Dashboards 298

Dashboards Reporting KPI Metrics 298

O'Reilly on Data

APRIL 22, 2020

These strategies contribute to perceptions of trust. Compliance functions are powerful because legal violations result in clear financial costs. The era in which fines were merely a cost of doing business appears to be ending. But ethics strategies have major limitations leaders must address. Compliance and ethics.

Cost-Benefit 312

Cost-Benefit Finance Data-driven Strategy 312

DataKitchen

JANUARY 6, 2021

An effective DataOps strategy can help a team invert this ratio and provide more value to the company. . Thirty-six percent of the total time of a ten-person team, based on a full-time employee (FTE) cost of $156,000 amounts to $561,000. Cost of Slow Decision Making. Insourcing Through DataOps. About the Author. James Royster.

Cost-Benefit 246

Cost-Benefit Testing Strategy Metrics 246

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. Adopting hybrid and multi-cloud models provides enterprises with flexibility, cost optimization, and a way to avoid vendor lock-in. Why Hybrid and Multi-Cloud?

Cost-Benefit 82

Cost-Benefit Optimization Strategy Data-driven 82

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

datapine

JUNE 5, 2019

As mentioned earlier, a data dashboard has the ability to answer a host of business-related questions based on your specific goals, aims, and strategies. A data dashboard assists in 3 key business elements: strategy, planning, and analytics. We’ll discuss the primary features or benefits of BI-powered dashboards in due course.

Dashboards 316

Dashboards KPI Sales Visualization 316

datapine

AUGUST 19, 2020

Indeed, they help you drive the most effective behaviors, strategies, and decisions. 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.

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

David Menninger's Analyst Perspectives

DECEMBER 31, 2024

Enterprises that adopt RPA report reductions in process cycle times and operational costs. Investing in task orchestration and management technologies aligns with broader digital transformation strategies necessary for maintaining competitive advantage.

Cost-Benefit 130

Cost-Benefit Data-driven Enterprise Business Objectives 130

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

datapine

OCTOBER 11, 2023

Every day, more and more businesses realize the value of analyzing their own performance to boost strategies and achieve their goals. Keep on reading to learn a definition, benefits, and a warehouse KPI list with the most prominent examples any manager should be tracking to achieve operational success. What Is A Warehouse KPI?

Metrics 217

Metrics KPI Management Cost-Benefit 217

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

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

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

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

MARCH 25, 2025

CIOs perennially deal with technical debts risks, costs, and complexities. But some AI debt may require CIOs to decommission and replace AI capabilities, for example, when new models have sizable accuracy, performance, or cost improvements, leaving behind obsolete models.

Risk 140

Risk Cost-Benefit Data-driven Digital Transformation 140