CIO Business Intelligence

NOVEMBER 4, 2024

Schumacher and others believe AI can help companies make data-driven decisions by automating key parts of the strategic planning process. This process involves connecting AI models with observable actions, leveraging data subsequently fed back into the system to complete the feedback loop,” Schumacher said.

Strategy 128

Strategy Data-driven Predictive Analytics Dashboards 128

CIO Business Intelligence

DECEMBER 11, 2024

If 2023 was the year of AI discovery and 2024 was that of AI experimentation, then 2025 will be the year that organisations seek to maximise AI-driven efficiencies and leverage AI for competitive advantage. Primary among these is the need to ensure the data that will power their AI strategies is fit for purpose.

Risk 111

Risk Data Strategy Strategy Data Governance 111

CIO Business Intelligence

OCTOBER 24, 2024

in 2025, one of the largest percentage increases in this century, and it’s only partially driven by AI. growth this year, with data center spending increasing by nearly 35% in 2024 in anticipation of generative AI infrastructure needs. Data center spending will increase again by 15.5% trillion, builds on its prediction of an 8.2%

IT 133

IT Data-driven Recreation/Entertainment Experimentation 133

Rocket-Powered Data Science

JULY 6, 2021

What attributes of your organization’s strategies can you attribute to successful outcomes? Seriously now, what do these word games have to do with content strategy? Specifically, in the modern era of massive data collections and exploding content repositories, we can no longer simply rely on keyword searches to be sufficient.

Strategy 267

Strategy Machine Learning Metadata Knowledge Discovery 267

CIO Business Intelligence

MARCH 25, 2025

The proof of concept (POC) has become a key facet of CIOs AI strategies, providing a low-stakes way to test AI use cases without full commitment. The high number of Al POCs but low conversion to production indicates the low level of organizational readiness in terms of data, processes and IT infrastructure, IDCs authors report.

ROI 127

ROI IT Experimentation Risk 127

Rocket-Powered Data Science

FEBRUARY 15, 2023

Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy. I suggest that the simplest business strategy starts with answering three basic questions: What? These changes may include requirements drift, data drift, model drift, or concept drift.

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

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. Simultaneously, major decisions were made to unify the company’s data and analytics platform.

IT 122

IT Insurance Consulting Risk 122

CIO Business Intelligence

NOVEMBER 7, 2024

And although AI talent is expensive , the use of pre-trained models also makes high-priced data-science talent unnecessary. When the research analysts want the research, that’s when the AI gets activated. It takes the input from the analyst, provides the responses to analysts’ questions, and generates the report,” explains Durvasula.

IT 132

IT Manufacturing Data Science Modeling 132

Aryng

MARCH 31, 2025

If your companys revenue is stagnating or worse, plummeting, its because something in your strategy is broken. All you need is better data-driven decision-making. How to Increase Revenue for Your […] The post 5 Proven Data-Driven Strategies to Skyrocket Your Companys Revenue appeared first on Aryng's Blog.

Data-driven 52

Data-driven Strategy Consulting Customer Analytics 52

datapine

JANUARY 24, 2021

In our cutthroat digital age, the importance of setting the right data analysis questions can define the overall success of a business. That being said, it seems like we’re in the midst of a data analysis crisis. That being said, it seems like we’re in the midst of a data analysis crisis.

IT 317

IT Statistics KPI Data-driven 317

CIO Business Intelligence

JANUARY 7, 2025

Organizations will always be transforming , whether driven by growth opportunities, a pandemic forcing remote work, a recession prioritizing automation efficiencies, and now how agentic AI is transforming the future of work.

Digital Transformation 143

Digital Transformation Experimentation Cost-Benefit Strategy 143

CIO Business Intelligence

NOVEMBER 1, 2024

Paul Beswick, CIO of Marsh McLellan, 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. Simultaneously, major decisions were made to unify the company’s data and analytics platform.

IT 105

IT Insurance Consulting Risk 105

CIO Business Intelligence

JANUARY 7, 2025

CRAWL: Design a robust cloud strategy and approach modernization with the right mindset Modern businesses must be extremely agile in their ability to respond quickly to rapidly changing markets, events, subscriptions-based economy and excellent experience demanding customers to grow and sustain in the ever-ruthless competitive world of consumerism.

Optimization 98

Optimization Strategy Cost-Benefit Enterprise 98

CIO Business Intelligence

MARCH 4, 2025

The challenge, however, will be compounded when multiple agents are involved in a workflow that is likely to change and evolve as different data inputs are encountered, given that these AI agents learn and adjust as they make decisions. Its an emerging field, says Tom Coshow, senior director analyst of AI at Gartner.

Management 119

Management IT Cost-Benefit Enterprise 119

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

CIO Business Intelligence

OCTOBER 28, 2024

The ability for SAP user sites to “aggregate and harmonize data from assorted skills taxonomies, with the first inclusions being Beamery, Degreed, IMOCA INC, Korn Ferry, Lightcast, Pheonom, TalenTeam, and Techwolf. Enhancements to SAP’s AI copilot, Joule, which allow it to guide employees through the onboarding process.

IT 111

IT ROI Data-driven Forecasting 111

O'Reilly on Data

MARCH 25, 2025

Weve seen this across dozens of companies, and the teams that break out of this trap all adopt some version of Evaluation-Driven Development (EDD), where testing, monitoring, and evaluation drive every decision from the start. Two big things: They bring the messiness of the real world into your system through unstructured data.

Testing 174

Testing Data-driven Software Measurement 174

CIO Business Intelligence

JANUARY 21, 2025

As gen AI heads to Gartners trough of disillusionment , CIOs should consider how to realign their 2025 strategies and roadmaps. The World Economic Forum shares some risks with AI agents , including improving transparency, establishing ethical guidelines, prioritizing data governance, improving security, and increasing education.

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

CIO Business Intelligence

FEBRUARY 26, 2025

We actually started our AI journey using agents almost right out of the gate, says Gary Kotovets, chief data and analytics officer at Dun & Bradstreet. In addition, because they require access to multiple data sources, there are data integration hurdles and added complexities of ensuring security and compliance.

IT 141

IT Enterprise Interactive Data Quality 141

CIO Business Intelligence

APRIL 8, 2025

Data is the foundation of innovation, agility and competitive advantage in todays digital economy. As technology and business leaders, your strategic initiatives, from AI-powered decision-making to predictive insights and personalized experiences, are all fueled by data. Data quality is no longer a back-office concern.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

datapine

SEPTEMBER 29, 2022

1) What Is Data Quality Management? 4) Data Quality Best Practices. 5) How Do You Measure Data Quality? 6) Data Quality Metrics Examples. 7) Data Quality Control: Use Case. 8) The Consequences Of Bad Data Quality. 9) 3 Sources Of Low-Quality Data. 10) Data Quality Solutions: Key Attributes.

Data Quality 241

Data Quality Metrics Data-driven Management 241

CIO Business Intelligence

FEBRUARY 20, 2025

However, this perception of resilience must be backed up by robust, tested strategies that can withstand real-world threats. One major gap in the findings is that four in ten respondents admitted their organization had not reviewed its cyber resilience strategy in the last six months. India (67%) expressed the greatest concern.

IT 98

IT Testing Strategy Data Processing 98

datapine

FEBRUARY 22, 2022

1) What Is A Business Intelligence Strategy? 2) BI Strategy Benefits. 4) How To Create A Business Intelligence Strategy. Over the past 5 years, big data and BI became more than just data science buzzwords. In response to this increasing need for data analytics, business intelligence software has flooded the market.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Dashboards 218

CIO Business Intelligence

OCTOBER 24, 2024

Noting that companies pursued bold experiments in 2024 driven by generative AI and other emerging technologies, the research and advisory firm predicts a pivot to realizing value. Forrester predicts a reset is looming despite the enthusiasm for AI-driven transformations.

ROI 127

ROI Data-driven Enterprise Experimentation 127

CIO Business Intelligence

NOVEMBER 4, 2024

research firm Vanson Bourne to survey 650 global IT, DevOps, and Platform Engineering decision-makers on their enterprise AI strategy. Most AI workloads are deployed in private cloud or on-premises environments, driven by data locality and compliance needs. Nutanix commissioned U.K.

Marketing 128

Marketing Data Quality Data Governance Digital Transformation 128

CIO Business Intelligence

OCTOBER 25, 2024

Moreover, in the near term, 71% say they are already using AI-driven insights to assist with their mainframe modernization efforts. Many Kyndryl customers seem to be thinking about how to merge the mission-critical data on their mainframes with AI tools, she says. I believe you’re going to see both.”

Data-driven 133

Data-driven Strategy Modeling Technology 133

CIO Business Intelligence

NOVEMBER 26, 2024

Data is the lifeblood of the modern insurance business. Yet, despite the huge role it plays and the massive amount of data that is collected each day, most insurers struggle when it comes to accessing, analyzing, and driving business decisions from that data. There are lots of reasons for this.

Insurance 131

Insurance Data-driven Data Architecture Technology 131

BizAcuity

NOVEMBER 13, 2024

In today’s data-rich environment, the challenge isn’t just collecting data but transforming it into actionable insights that drive strategic decisions. For organizations, this means adopting a data-driven approach—one that replaces gut instinct with factual evidence and predictive insights. What is BI Consulting?

Consulting 52

Consulting Data-driven Cost-Benefit Business Intelligence 52

CIO Business Intelligence

JANUARY 3, 2025

At the same time, the scale of observability data generated from multiple tools exceeds human capacity to manage. Observability builds on the growth of sophisticated IT monitoring tools, starting with the premise that the operational state of every network node should be understandable from its data outputs.

IT 105

IT Cost-Benefit Data Science Data-driven 105

CIO Business Intelligence

APRIL 1, 2024

Here veteran IT leaders and advisers offer eight strategies to speed up IT modernization. Those principles are data centric, platform first, cloud based, automation led, and zero trust (so that everything is secure from the start). New tech moves from bleeding edge to mainstream at an ever-increasing pace.

Strategy 140

Strategy IT Digital Transformation ROI 140

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

OCTOBER 23, 2024

In a survey of 451 senior technology executives conducted by Gartner in mid-2024, a striking 57% of CIOs reported being tasked with leading AI strategies. Gartner’s data revealed that 90% of CIOs cite out-of-control costs as a major barrier to achieving AI success.

Enterprise 141

Enterprise Cost-Benefit Broadcasting Risk 141

CIO Business Intelligence

MARCH 19, 2025

As regulatory scrutiny, investor expectations, and consumer demand for environmental, social and governance (ESG) accountability intensify, organizations must leverage data to drive their sustainability initiatives. However, embedding ESG into an enterprise data strategy doesnt have to start as a C-suite directive.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

MARCH 25, 2025

These areas are considerable issues, but what about data, security, culture, and addressing areas where past shortcuts are fast becoming todays liabilities? Types of data debt include dark data, duplicate records, and data that hasnt been integrated with master data sources.

Risk 140

Risk Cost-Benefit Data-driven Digital Transformation 140