KDnuggets

OCTOBER 5, 2022

Digital transformation is evolving, and so is the fintech industry by implementing AI trends and leveraging several benefits, such as optimizing productivity, increasing ROI, and enhancing security.

Finance 145

Finance Digital Transformation ROI Management 145

CIO Business Intelligence

DECEMBER 18, 2024

Many digital transformations focus on platforms to support the business, but thats different from running a platform business. We also created a digital operations group called DigiOps, which is responsible to ensure our digital investments drive ROI. Its not just about cost optimization or uptime.

Digital Transformation 116

Digital Transformation Metrics Measurement ROI 116

CIO Business Intelligence

AUGUST 1, 2023

Digital transformation must be a core organizational competency. The impact of generative AIs, including ChatGPT and other large language models (LLMs), will be a significant transformation driver heading into 2024. Improving customer support is a quick win for delivering short-term ROI from LLMs and AI search capabilities.

Digital Transformation 98

Digital Transformation Unstructured Data Strategy Data Science 98

CIO Business Intelligence

MAY 26, 2022

In an organization’s pursuit of digital transformation and innovation, the onus largely falls on agile and development leaders, who must field requests from business leaders and manage expectations, all while speeding time to market. For the business, it’s all about innovation and ROI on new products, services, features, and so on.

Optimization 111

Optimization Management Business Objectives Digital Transformation 111

CIO Business Intelligence

NOVEMBER 25, 2024

Don’t miss Session 3 of our webinar series, AI ROI: Maximizing Future Investments , where IBM’s Jake Makler and Quantum Metric’s David Friend will share practical strategies for assessing and optimizing AI tools. In the meantime, discover how Felix AI can transform your customer insights and drive more informed decisions.

Data Quality 99

Data Quality ROI Interactive Modeling 99

CIO Business Intelligence

OCTOBER 30, 2023

In today’s digitally transforming world, time is of the essence. As you seek to boost agility and speed your organization’s digital transformation, there are some proven principles you can apply. In the process, they can break down the silos that stifle digital transformation. Digital Transformation

Management 144

Management Digital Transformation Cost-Benefit ROI 144

Smarten

MARCH 6, 2022

What happens is that your return on investment (ROI) plummets and your total cost of ownership (TCO) goes way up. So, how does one improve ROI and TCO for business intelligence and augmented analytics? But, there are worse things than user dissatisfaction; namely what happens when your users do not adopt the software.

Business Intelligence 78

Business Intelligence ROI Analytics Digital Transformation 78

CIO Business Intelligence

MAY 28, 2022

In an organization’s pursuit of digital transformation and innovation, the onus largely falls on agile and development leaders, who must field requests from business leaders and manage expectations, all while speeding time to market. For the business, it’s all about innovation and ROI on new products, services, features, and so on.

Optimization 96

Optimization Management Business Objectives Digital Transformation 96

CIO Business Intelligence

NOVEMBER 18, 2022

The cloud offers limitless scalability and flexibility, powering digital transformation across every industry. To optimize cloud investments, C-level executives are increasingly adopting cloud financial operations (FinOps). This strategy aligns well with the concept of a smart cloud.

Optimization 91

Optimization KPI Key Performance Indicator Cost-Benefit 91

CIO Business Intelligence

MARCH 19, 2025

Additionally, Deloittes ESG Trends Report highlights fragmented ESG data, inconsistent reporting frameworks and difficulties in measuring sustainability ROI as primary challenges preventing organizations from fully leveraging their data for ESG initiatives.

IT 59

IT Data Governance Data-driven Metrics 59

Smart Data Collective

NOVEMBER 26, 2021

Drive Marketing Technology And Digital Transformation. Marketing technology pertains to using computer or software programs and other digital mediums to promote a product or service. Data analytics is an indispensable tool in adopting marketing technology (MarTech) and digital transformation. Conclusion.

Marketing 131

Marketing Data Analytics Key Performance Indicator Analytics 131

CIO Business Intelligence

JULY 29, 2024

That has been the objective of The Mosaic Company’s global digital transformation, which aims to yield at least three times its investment of $300 million. Deloitte Digital principal Nate Clark, who worked with Mosaic, emphasizes the end-to-end nature of the transformation, from supply chain to sales.

Digital Transformation 118

Digital Transformation IT Data Lake Sales 118

CIO Business Intelligence

JANUARY 23, 2024

Regardless of where organizations are in their digital transformation, CIOs must provide their board of directors, executive committees, and employees definitions of successful outcomes and measurable key performance indicators (KPIs). As a result, outcome-based metrics should be your guide.

Measurement 141

Measurement Digital Transformation KPI Metrics 141

Cloudera

JANUARY 17, 2021

s digital transformation of the manufacturing industry, which in itself is pretty remarkable. The last two years have seen remarkable acceleration of digital transformation in a whole host of segments. The Digital Experience Benefits. Marketing and Sales Optimization – . By 2025, Industry 4.0

Digital Transformation 65

Digital Transformation Cost-Benefit Manufacturing Sales 65

CIO Business Intelligence

AUGUST 16, 2022

Keith Bentley of software developer Bentley Systems describes digital twins as the biggest opportunity for IT value contribution to the physical infrastructure industry since the personal computer, and they’re used in a wide variety of industries , lending enterprises insights into maintenance and ways to optimize manufacturing supply chains.

Visualization 145

Visualization Cost-Benefit IoT Digital Transformation 145

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. C-level executives conducting an ROI analysis need to balance estimated costs with anticipated benefits.

Software 131

Software Enterprise Cost-Benefit ROI 131

CIO Business Intelligence

JANUARY 3, 2024

The infrastructure industry, however, can sometimes be its own worst enemy by falling for common objections and barriers to adoption throughout both digital twin strategy and implementation. It’s crucial to understand that digital twins aren’t just a final product, but a dynamic tool that evolves and adds value throughout the project’s life.

Cost-Benefit 136

Cost-Benefit ROI Manufacturing Optimization 136

CIO Business Intelligence

OCTOBER 7, 2022

Every organization pursuing digital transformation needs to optimize IT from edge to cloud to move faster and speed time to innovation. And how do we demonstrate ROI in order to proceed? Every organization is at a different stage in the transformation journey, and each one faces unique challenges.

Data-driven 98

Data-driven IT Digital Transformation ROI 98

CIO Business Intelligence

MAY 9, 2023

Like most CIOs you’ve no doubt leaned on ROI, TCO and KPIs to measure the business value of your IT investments. Of late, concerns about the public “cloud-first” approach have emerged to challenge business value and skewer ROI, TCO and KPIs. Maybe you’ve even surpassed expectations in each of these yardsticks.

ROI 126

ROI Cost-Benefit KPI Uncertainty 126

CIO Business Intelligence

MAY 11, 2022

To optimize technology for CX, CIOs must connect technology to customer value, thinking in terms of customer experience rather than customer process. Innovative organizations understand that using new technology in an outdated or obsolete way does not support digital transformation. efficiencies can be realized. Bryan Comite.

Digital Transformation 105

Digital Transformation ROI Risk Optimization 105

CIO Business Intelligence

MAY 9, 2022

Enterprise transformation demands technology to work and people to adopt it. The “people” component of enterprise transformation can make or break digital transformation. While strong ROI is compelling, so is the fact that people issues are one of the top enterprise risks. What should companies do now?

Technology 97

Technology ROI Metrics Digital Transformation 97

CIO Business Intelligence

OCTOBER 3, 2023

With demand for low-cost energy ever increasing, along with competition from renewable sources of energy, ConocoPhillips is leveraging digital twins to optimize the safety and efficiency of its assets. Having access to a digital twin spurs creativity.” They help solve basic questions like, “Where is this piece of equipment?”

Digital Transformation 122

Digital Transformation Cost-Benefit Data Processing Optimization 122

CIO Business Intelligence

JULY 24, 2024

This dynamic framework offers CIOs a powerful tool to continually optimize their technology portfolios, ensuring their organizations remain agile, efficient, and future-ready. Data-driven decisions: Leverage data and analytics to assess new technologies’ potential impact and ROI. Use minimum viable products (MVPs) to validate concepts.

Technology 98

Technology Experimentation Cost-Benefit Digital Transformation 98

CIO Business Intelligence

SEPTEMBER 19, 2024

To that end, IT leaders should perform a careful analysis of ROI before, during, and after an edge implementation. Re-assess, re-evaluate, optimize Ensuring that an edge implementation is optimized for an organization’s needs requires ongoing ROI assessments. Contact us today to learn more.

ROI 119

ROI Cost-Benefit IoT Digital Transformation 119

CIO Business Intelligence

DECEMBER 5, 2023

But as digital transformation efforts have intensified in recent years, CIOs have had fewer opportunities to pause and reevaluate IT’s financial situation. Even as they recognize digital transformation as the primary driver of business growth, many CEOs expect IT to do it all while keeping budgets flat.

IT 138

IT Cost-Benefit Digital Transformation ROI 138

CIO Business Intelligence

FEBRUARY 28, 2024

The technology allows for dynamic rerouting of traffic, prioritization of critical applications, and performance-based routing to optimize network efficiency. While SD-WAN may represent a higher initial investment compared to traditional routers, the long-term return on investment (ROI) is significant.

Cost-Benefit 98

Cost-Benefit Digital Transformation ROI Strategy 98

datapine

DECEMBER 11, 2019

AI optimizes business processes, increasing productivity and efficiency while automating repetitive tasks and supporting human capabilities. More software providers will adopt a mobile-first mentality, optimizing their offerings to suit a host of mobile devices. The revolution is here, and it’s digital. 2) Vertical SaaS.

Software 314

Software Cost-Benefit Data-driven Data Processing 314

CIO Business Intelligence

MAY 22, 2023

ROI becomes a waiting game. What if there was a way to get ROI today and still train the workforce for a quantum tomorrow? They can accomplish all types of optimization and can perform impressive forecasting. Other algorithms and use cases venture into optimization. Enter quantum-inspired approaches.

ROI 52

ROI Machine Learning Optimization Cost-Benefit 52

CIO Business Intelligence

AUGUST 27, 2024

A staged approach enables risk mitigation and resource optimization and ensures modernization efforts bolster operational efficiency and competitive advantage. Operate and optimize: Continuously monitor and optimize the modernized portfolio, ensuring alignment with evolving business needs.

Cost-Benefit 110

Cost-Benefit Key Performance Indicator ROI Strategy 110

CIO Business Intelligence

FEBRUARY 22, 2024

It’s beginning to be clear now this is no longer the case, and we can demonstrate marked cost reduction and positive ROI on these investments.” Specifically at Ferrovial, AI is a key to its digital transformation. Artificial Intelligence, CIO, Data Management, Digital Transformation, Generative AI, IT Leadership

IT 105

IT Digital Transformation IoT Cost-Benefit 105

CIO Business Intelligence

SEPTEMBER 11, 2023

This “positions us to adapt effectively to the shifting business landscape, making the most of digital transformation and remote work arrangements.” The focus of his doctorate work was on how legacy companies effectively drive digital transformation with a focus on leadership processes and leadership digital acuity.

Digital Transformation 135

Digital Transformation ROI Strategy Data Science 135

Sisense

DECEMBER 3, 2019

The first wave of digital transformations saw a dramatic decrease in data storage costs. At Sisense, we see the rise of AI and a multicloud world accelerating the next wave of digital transformation, helping organizations reimagine their business and drive innovation, adoption, and value from data in the digital era.

Analytics 90

Analytics Data Warehouse Digital Transformation Forecasting 90

CIO Business Intelligence

DECEMBER 29, 2023

With the merging of operational efficiency and embracing new technologies, today’s CIOs are under increasing pressure to do more with less and become both technologists and business leaders, says Sunny Azadeh, CIO at digital services company GlobalLogic. “In

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

JANUARY 24, 2024

Karen Higgins-Carter, previously CIO of Webster Bank, joined Gilbane just over a year ago as CDIO with the responsibility of digitally transforming this 153-year-old business. We’re in an industry that is ripe for transformation,” says Higgins-Carter, pictured above, center. So they’ll be patient when it comes to ROI.

Risk Management 118

Risk Management Risk Management Digital Transformation 118

erwin

OCTOBER 8, 2020

And you can’t risk false starts or delayed ROI that reduces the confidence of the business and taint this transformational initiative. We start with an assessment of your cloud migration strategy to determine what automation and optimization opportunities exist. More and more companies are looking at cloud migration.

Data Governance 145

Data Governance Metadata Testing Data Lake 145

CIO Business Intelligence

MAY 9, 2023

Other companies are looking at digital twins as a way to increase efficiency, reduce costs and optimize operations. With this objective in mind: Determine your organization’s innovation appetite (versus its risk appetite; it is too early to speak of ROI in the metaverse). Are we trying to improve efficiency?

Digital Transformation 105

Digital Transformation Business Objectives ROI Manufacturing 105

Smarten

JUNE 8, 2023

Given the move toward digital transformation (Dx) and improved data literacy, businesses have begun to strategize on how to provide tools to business users so they can work from anywhere. For more information on Mobile BI and Augmented Analytics, read our article, Mobile BI Solves Real World Problems And Improves ROI And TCO

Optimization 69

Optimization Enterprise Business Intelligence Predictive Modeling 69