CIO Business Intelligence

NOVEMBER 4, 2024

Rather than wait for a storm to hit, IT professionals map out options and build strategies to ensure business continuity. Following Broadcom’s late 2023 acquisition of VMware, numerous changes prompted customers and partners to reassess their strategies. Ken Kaplan is Editor in Chief for The Forecast by Nutanix.

IT 124

IT Forecasting Strategy Testing 124

David Menninger's Analyst Perspectives

DECEMBER 31, 2024

Task automation platforms initially enabled enterprises to automate repetitive tasks, freeing valuable human resources for more strategic activities. Enterprises that adopt RPA report reductions in process cycle times and operational costs.

Cost-Benefit 130

Cost-Benefit Data-driven Enterprise Business Objectives 130

erwin

AUGUST 13, 2020

For enterprise architecture, success is often contingent on having clearly defined business goals. This is especially true in modern enterprise architecture, where value-adding initiatives are favoured over strictly “foundational,” “keeping the lights on,” type duties.

Enterprise 143

Enterprise Cost-Benefit Uncertainty ROI 143

CIO Business Intelligence

NOVEMBER 6, 2024

As senior product owner for the Performance Hub at satellite firm Eutelsat Group Miguel Morgado says, the right strategy is crucial to effectively seize opportunities to innovate. Selecting the right strategy now will dictate if you’re successful in four years.” In three or four years, we’ll see the results.

Forecasting 133

Forecasting Risk Technology Strategy 133

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

The company provides industry-specific enterprise software that enhances business performance and operational efficiency. Infor offers applications for enterprise resource planning, supply chain management, customer relationship management and human capital management, among others.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

datapine

AUGUST 26, 2020

Here, we explore enterprise dashboards in more detail, looking at the benefits of corporate dashboard software as well as a mix of real industry examples. Let’s kick things off by considering what a company dashboard is — or, in other words, provide an enterprise dashboard definition. Enterprise Dashboards Examples.

Dashboards 168

Dashboards Enterprise Visualization Data-driven 168

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 Unstructured Data 143

CIO Business Intelligence

OCTOBER 24, 2024

While AI projects will continue beyond 2025, many organizations’ software spending will be driven more by other enterprise needs like CRM and cloud computing, Lovelock says. Forrester also recently predicted that 2025 would see a shift in AI strategies , away from experimentation and toward near-term bottom-line gains.

IT 133

IT Data-driven Recreation/Entertainment Experimentation 133

Jet Global

MARCH 30, 2021

Tax planning is playing an increasingly important part in corporates’ enterprise resource management (ERM) strategies, driven by the many uncertainties created by political, economic, and pandemic-related trends. Reputational management is another driver for boards to build tax planning into ERM strategies.

Risk Management 98

Risk Management Risk Strategy Enterprise 98

CIO Business Intelligence

NOVEMBER 22, 2024

It’s a position many CIOs find themselves in, as Guan noted that, according to an Accenture survey, fewer than 10% of enterprises have gen AI models in production. “What’s Next for GenAI in Business” panel at last week’s Big.AI@MIT It’s time for them to actually relook at their existing enterprise architecture for data and AI,” Guan said.

Unstructured Data 136

Unstructured Data Testing Modeling Enterprise 136

CIO Business Intelligence

MAY 6, 2024

With the cloud being an inevitable part of enterprise digital transformation journeys, IT leaders must keep on top of the latest developments in the cloud market to better predict downstream impacts on their roadmaps. Here is a closer look at recent and forecasted developments in the cloud market that CIOs should be aware of.

Marketing 131

Marketing Strategy IT Data Processing 131

CIO Business Intelligence

FEBRUARY 6, 2025

As someone deeply involved in shaping data strategy, governance and analytics for organizations, Im constantly working on everything from defining data vision to building high-performing data teams. with over 15 years of experience in enterprise data strategy, governance and digital transformation. And guess what?

Unstructured Data 115

Unstructured Data Manufacturing Data Governance Sales 115

CIO Business Intelligence

APRIL 4, 2024

Some prospective projects require custom development using large language models (LLMs), but others simply require flipping a switch to turn on new AI capabilities in enterprise software. “AI Webster Bank is following a similar strategy. “We need to continue to be mindful of business outcomes and apply use cases that make sense.”

Enterprise 134

Enterprise Cost-Benefit Forecasting Sales 134

Rocket-Powered Data Science

SEPTEMBER 20, 2021

The BI (business intelligence) analysts need to find the right data for their visualization packages, business questions, and decision support tools — they also need the outputs from the data scientists’ models, such as forecasts, alerts, classifications, and more. That’s data fluency/literacy-building across the enterprise.

Data Science 286

Data Science Forecasting Business Intelligence Sales 286

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. But the CIO had several key objectives to meet before launching the transformation.

IT 122

IT Insurance Consulting Risk 122

CIO Business Intelligence

SEPTEMBER 26, 2024

With these constraints, they must cautiously tread the GenAI line while developing measured strategies for maximizing returns. Looking beyond existing infrastructures For a start, enterprises can leverage new technologies purpose-built for GenAI. This layer serves as the foundation for enterprises to elevate their GenAI strategy.

Enterprise 130

Enterprise Data-driven Risk Testing 130

Corinium

JUNE 6, 2019

Lack of clear, unified, and scaled data engineering expertise to enable the power of AI at enterprise scale. Some of the work is very foundational, such as building an enterprise data lake and migrating it to the cloud, which enables other more direct value-added activities such as self-service. What differentiates Fractal Analytics?

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

Rocket-Powered Data Science

MARCH 19, 2021

The dynamic changes of the business requirements and value propositions around data analytics have been increasingly intense in depth (in the number of applications in each business unit) and in breadth (in the enterprise-wide scope of applications in all business units in all sectors). RFID), inventory monitoring (SKU / UPC tracking).

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

CIO Business Intelligence

DECEMBER 19, 2024

Agentic AI, the more focused alternative to general-purpose generative AI, is gaining momentum in the enterprise, with Forrester having named it a top emerging technology for 2025 in June. The reason is because enterprises look for some predictability. It is all dependent upon the features and usage volume, she adds.

Cost-Benefit 128

Cost-Benefit Modeling ROI Marketing 128

CIO Business Intelligence

APRIL 8, 2025

I aim to outline pragmatic strategies to elevate data quality into an enterprise-wide capability. Key recommendations include investing in AI-powered cleansing tools and adopting federated governance models that empower domains while ensuring enterprise alignment. Inconsistent business definitions are equally problematic.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

bridgei2i

MAY 26, 2020

PODCAST: COVID 19 | Redefining Digital Enterprises. By allowing that, they could have a steady demand forecast based on sensing algorithms and react faster to such events. You are listening to AI to Impact by BRIDGEi2i, a podcast on AI for the Digital Enterprise. And I’m specifically talking about demand forecasting here.

Enterprise 131

Enterprise Management Forecasting Manufacturing 131

Smarten

FEBRUARY 19, 2025

In order to do this, the team must have a dependable plan and be able to forecast results and create reasonable objectives, goals and competitive strategies. Forecasting and planning cannot be based on opinions or guesswork. to that the enterprise can mitigate stock shortages and avoid warehouse and inventory overstock.

Predictive Analytics 62

Predictive Analytics Analytics Predictive Modeling Forecasting 62

Smart Data Collective

OCTOBER 20, 2020

Database Management Practices for a Sound Big Data Strategy. As the landscape enters the era of digital transformation , there is an even greater need for enterprises to reassess how they gather, analyze and use raw information to make critical decisions. Uber uses big data to develop machine learning algorithms to forecast demand.

Big Data 130

Big Data Data Strategy Strategy Cost-Benefit 130

CIO Business Intelligence

NOVEMBER 2, 2023

To be sure, enterprise cloud budgets continue to increase, with IT decision-makers reporting that 31% of their overall technology budget will go toward cloud computing and two-thirds expecting their cloud budget to increase in the next 12 months, according to the Foundry Cloud Computing Study 2023. 1 barrier to moving forward in the cloud.

Strategy 140

Strategy Data Processing Experimentation Optimization 140

CIO Business Intelligence

OCTOBER 28, 2024

Scott Bickley, advisory fellow with the firm, said, “Workday launched its Skills Cloud back in 2018, and has been a thought leader in forecasting the enterprise shift from pre-defined roles to skills-based capabilities that allow an organization to dynamically pull from a skills pool the resources best suited to a task or goal.”

IT 111

IT ROI Data-driven Forecasting 111

David Menninger's Analyst Perspectives

OCTOBER 15, 2024

However, many enterprises have existing on-premises applications that, in most cases, will not get AI-enablement from the software provider. Choosing between the two may not be straightforward, and the best choice for an enterprise depends on facts and circumstances.

Cost-Benefit 204

Cost-Benefit Risk Forecasting Software 204

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. But the CIO had several key objectives to meet before launching the transformation.

IT 105

IT Insurance Consulting Risk 105

AWS Big Data

APRIL 11, 2023

Forecasting is another critical component of effective inventory management. However, forecasting can be a complex process, and inaccurate predictions can lead to missed opportunities and lost revenue. However, forecasting can be a complex process, and inaccurate predictions can lead to missed opportunities and lost revenue.

Forecasting 98

Forecasting Management IoT Data-driven 98

CIO Business Intelligence

SEPTEMBER 14, 2022

As organizations accelerate their cloud migrations, they need both a strategy and a strategic partner, according to the Foundry 2022 Cloud Computing Study. The partnership capabilities they are most seeking include security expertise, better cloud management capabilities, and strategic guidance on overall cloud strategy or a roadmap.

Strategy 97

Strategy Business Objectives Forecasting Risk 97

CIO Business Intelligence

JULY 10, 2024

As organizations worldwide prepare to spend over $40 billion in core IT (technology budgeted and overseen by central IT) on GenAI in 2024 (per IDC’s Worldwide Core IT Spending for GenAI Forecast, 2023-2027 , January 2024), there’s an urgent need to manage the risks associated with these investments.

Risk 111

Risk Strategy Consulting Cost-Benefit 111

Rocket-Powered Data Science

SEPTEMBER 25, 2022

All phases of the MVT process are discussed: strategy, designs, pilot, implementation, test, validation, operations, and monitoring. 2) Streaming sensor data from the IoT (Internet of Things) and IIoT (Industrial IoT) become the source for an IoC (Internet of Context), ultimately delivering Insights-aaS, Context-aaS, and Forecasting-aaS.

Diagnostic Analytics 216

Diagnostic Analytics Prescriptive Analytics Internet of Things IoT 216

CIO Business Intelligence

AUGUST 2, 2022

This is because other technology improvements—such as modernization of integration strategy, distributed cloud storage, and spending on cloud-native applications—to achieve business architecture composability is taking precedence over automation or process efficiency demands, the company said.

Software 122

Software Forecasting Sales ROI 122

CIO Business Intelligence

FEBRUARY 1, 2024

The other side of the cost/benefit equation — what the software will cost the organization, and not just sticker price — may not be as captivating when it comes to achieving approval for a software purchase, but it’s just as vital in determining the expected return on any enterprise software investment.

Software 131

Software Enterprise Cost-Benefit ROI 131

CIO Business Intelligence

JUNE 1, 2023

While these developments present exciting opportunities, it’s vital businesses also ensure they have a robust resiliency strategy in place. Irrespective of where data lives – public cloud, at the edge, or on-premises – secure backup and recovery is essential to any enterprise security strategy.

Enterprise 111

Enterprise Digital Transformation Forecasting Big Data 111

FineReport

DECEMBER 9, 2021

Business intelligence strategy is seen as a roadmap designed to help companies measure their performance and strengthen their performance through architecture and solutions. Therefore, creating a successful BI strategy roadmap would have a great positive impact on organization efficiency. How to develop a smart BI strategy?

Strategy 98

Strategy Business Intelligence KPI Key Performance Indicator 98

datapine

JANUARY 21, 2020

But let’s see in more detail what the benefits of these kinds of reporting practices are, and how businesses, whether small or enterprises, can develop profitable results. This is just one business intelligence report sample that can be developed in more detail by establishing the right KPIs and developing a business strategy and goals.

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

CIO Business Intelligence

APRIL 7, 2023

GenAI Meets the Enterprise While we’ve seen initial consumer interest in GenAI tools and use skyrocket, GenAI capabilities are fast moving to the enterprise world. Overcoming GenAI challenges holds epic potential for enterprises. Thus, enterprises that need to retain control over their data must tread carefully.

Enterprise 105

Enterprise Cost-Benefit Modeling Digital Transformation 105