CIO Business Intelligence

APRIL 25, 2024

According to a separate study on the AI readiness of Indian enterprises conducted by EY and Indian IT industry body Nasscom, enterprises are also holding back the deployment of AI due to concerns about data security, privacy, brand reputation, and the safety and security of people and equipment.

ROI 136

ROI Cost-Benefit Machine Learning Technology 136

CIO Business Intelligence

DECEMBER 10, 2024

According to AI at Wartons report on navigating gen AIs early years, 72% of enterprises predict gen AI budget growth over the next 12 months but slower increases over the next two to five years. Proving the ROI of AI can be elusive , but rushing to achieve it can prove costly.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

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). He suggests, “Choose what you measure carefully to achieve the desired results.

Measurement 141

Measurement Digital Transformation KPI Metrics 141

CIO Business Intelligence

OCTOBER 13, 2022

One of the most important parameters for measuring the success of any technology implementation is the return on investment (ROI). Providing a compelling ROI on technology initiatives also puts CIOs in a stronger position for securing support and funds from the business for future projects. Align projects with business goals.

ROI 132

ROI IT Sales Consulting 132

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. Vendors are adding gen AI across the board to enterprise software products, and AI developers havent been idle this year either.

ROI 141

ROI Software Modeling Interactive 141

CIO Business Intelligence

NOVEMBER 5, 2024

In the European Union, for example, three-quarters of organizations are in the early stages of doing so (IDC’s Future Enterprise Resiliency and Spending Survey, Wave 3, April 2023). Overcoming this hurdle requires strong leadership and good data that will lead to effectively investing budgets in ways that yield a measurable ROI.

Uncertainty 98

Uncertainty Measurement ROI Reporting 98

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. However, CIOs must still demonstrate measurable outcomes and communicate these imperatives to senior leadership to secure investment.

Risk 105

Risk Risk Management Cost-Benefit Measurement 105

Corinium

JULY 19, 2020

The number one question we’re asked at InMoment: “How do I prove the value or return on investment (ROI) of my customer experience program?”. Get Creative When Measuring Profitability. Consider what sort of revenue or profit proxies can be identified and measured. Interested in learning more about measuring CX profitability?

Snapshot 195

Snapshot Measurement ROI Testing 195

datapine

SEPTEMBER 29, 2022

5) How Do You Measure Data Quality? In this article, we will detail everything which is at stake when we talk about DQM: why it is essential, how to measure data quality, the pillars of good quality management, and some data quality control techniques. Industry-wide, the positive ROI on quality data is well understood.

Data Quality 241

Data Quality Metrics Data-driven Management 241

CIO Business Intelligence

APRIL 18, 2022

times more likely when they demonstrated ROI on their BI or data analytics investments. Product-based thinking means that there’s an owner in the business, managing it strategically with an ROI attitude. A framework for data project ROI. The industry is starting to recognize that. It could be a dataset, an ML model, or a report.

ROI 116

ROI IT Dashboards Sales 116

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. It is fast and slow.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

O'Reilly on Data

MARCH 31, 2020

The need for an experimental culture implies that machine learning is currently better suited to the consumer space than it is to enterprise companies. For enterprise products , requirements often come from a small number of vocal customers with large accounts. What delivers the greatest ROI? How do you select what to work on?

Management 363

Management Machine Learning Experimentation Metrics 363

Smart Data Collective

NOVEMBER 12, 2021

BAS is one of the top features in security posture management platforms for enterprises. It is not only able to check whether or not security controls are working the way they should; it also maximizes the ROI on these controls. To keep up with the rapidly evolving threats, organizations need a continuous approach in security testing.

Strategy 143

Strategy Enterprise Testing Cost-Benefit 143

CIO Business Intelligence

NOVEMBER 13, 2024

Managers tend to incentivize activity metrics and measure inputs versus outputs,” she adds. There’s already more low-quality AI content flooding search results, and this can hurt employees looking for information both on the public web and in enterprise knowledge repositories.

IT 141

IT Consulting ROI Cost-Benefit 141

CIO Business Intelligence

AUGUST 14, 2024

Between building gen AI features into almost every enterprise tool it offers, adding the most popular gen AI developer tool to GitHub — GitHub Copilot is already bigger than GitHub when Microsoft bought it — and running the cloud powering OpenAI, Microsoft has taken a commanding lead in enterprise gen AI.

Enterprise 136

Enterprise Cost-Benefit Experimentation Modeling 136

IBM Big Data Hub

MARCH 4, 2024

This requires a holistic enterprise transformation. We refer to this transformation as becoming an AI+ enterprise. Figure 1: Transforming into an AI+ enterprise is at the core of what our team at IBM does An AI+ enterprise integrates AI as a first-class function across the business. times higher ROI.

Enterprise 96

Enterprise ROI Risk Strategy 96

datapine

MAY 21, 2019

These past BI issues may discourage them to adopt enterprise-wide BI software. 1) Too expensive and hard to justify the ROI of BI. The price of deploying BI is a primary concern among small and medium-sized enterprises (SMEs). In the past, expensive enterprise BI solutions required huge hardware resources.

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards ROI 183

CIO Business Intelligence

MARCH 19, 2025

However, embedding ESG into an enterprise data strategy doesnt have to start as a C-suite directive. The critical role of data in advancing sustainability initiatives Data is a powerful tool for sustainability, enabling organizations to measure, analyze and improve their environmental and social impact.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

FEBRUARY 13, 2024

IT leaders are drowning in metrics, with many finding themselves up to their KPIs in a seemingly bottomless pool of measurement tools. There are several important metrics that can be used to achieve IT success, says Jonathan Nikols, senior vice president of global enterprise sales for the Americas at Verizon. “To Here they are.

Metrics 140

Metrics IT ROI Measurement 140

David Menninger's Analyst Perspectives

NOVEMBER 5, 2024

These new offerings are starting to change the way humans and automated systems interact and how enterprises manage both of those labor pools. As bots were developed, deployed and improved, Verint took its initial argument about identifying specific, immediately helpful use cases and added the critical element of ROI.

ROI 130

ROI Interactive Software Measurement 130

datapine

JANUARY 6, 2022

Based on that amount of data alone, it is clear the calling card of any successful enterprise in today’s global world will be the ability to analyze complex data, produce actionable insights and adapt to new market needs… all at the speed of thought. In fact, a Digital Universe study found that the total data supply in 2012 was 2.8

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

datapine

JANUARY 24, 2021

Or even better: “Which marketing campaign that I did this quarter got the best ROI, and how can I replicate its success?”. Once you have your data analytics questions, you need to have some standard KPIs that you can use to measure them. Giving the most ROI? As Data Dan reminded us, “did the best” is too vague to be useful.

IT 317

IT Statistics KPI Data-driven 317

datapine

JANUARY 31, 2022

For example, in regards to marketing, traditional advertising methods of spending large amounts of money on TV, radio, and print ads without measuring ROI aren’t working like they used to. Business Intelligence And Analytics Lead To ROI. Consumers have grown more and more immune to ads that aren’t targeted directly at them.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

CIO Business Intelligence

APRIL 18, 2024

A new breed of AI assistant has set its sights on the enterprise user in recent months, with Microsoft and other vendors promising huge productivity gains that offset the cost. The enterprise version of Gemini, Google’s AI assistant, is similarly priced. The ROI of AI assistants is also difficult to measure for many jobs, she adds.

Cost-Benefit 140

Cost-Benefit ROI Sales Enterprise 140

CIO Business Intelligence

SEPTEMBER 6, 2023

Venables observes that there have been many cases over the past decade in which enterprises have invested deeply in cybersecurity products yet haven’t upgraded their overall IT infrastructure or modernized their approach to software development. Are we achieving maximum ROI on our security investments?

IT 142

IT ROI Risk Strategy 142

Dataiku

MARCH 7, 2025

Businesses have long measured AI investments through cost savings, efficiency, and automation. But does that approach still hold when AI is no longer just a tool but the foundation of enterprise strategy?

Measurement 52

Measurement ROI IT Strategy 52

CIO Business Intelligence

AUGUST 15, 2024

Determining the ROI for “ubiquitous” gen AI uses, such as virtual assistants or intelligent chatbots , can be difficult, says Frances Karamouzis, an analyst in the Gartner AI, hyper-automation, and intelligent automation group. CIOs need to be able to articulate the business value and expected ROI of each project.

ROI 143

ROI Cost-Benefit Experimentation Deep Learning 143

erwin

MARCH 12, 2020

Forrester recently released its “Now Tech: Enterprise Architecture Management Suites for Q1 2020” to give organizations an enterprise architecture (EA) playbook. It also highlights select enterprise architecture management suite (EAMS) vendors based on size and functionality, including erwin. Guess what?

Enterprise 85

Enterprise Reporting Management ROI 85

Rocket-Powered Data Science

JULY 21, 2023

Here are four specific metrics from the report, highlighting the potentially huge enterprise system benefits coming from implementing Splunk’s observability and monitoring products and services: Four times as many leaders who implement observability strategies resolve unplanned downtime in just minutes, not hours or days.

Machine Learning 190

Machine Learning Metrics Internet of Things Reporting 190

CIO Business Intelligence

AUGUST 30, 2024

A more operational, business-specific way of leveraging generative AI is beginning to take shape in the form of AI agents that quietly work behind the scenes, moving beyond gen AI’s creational capabilities toward autonomous decision-making in enterprise workflows. In many cases, gen AI still requires significant human intervention, he says.

ROI 138

ROI Recreation/Entertainment Machine Learning Interactive 138

CIO Business Intelligence

DECEMBER 15, 2023

The persona approach Cushman & Wakefield’s strategy to inject AI into every facet of its workflows hinges on its team of 500 dedicated technologists and thousands of contractors, who are working to develop solutions for various “persona” groups within the enterprise, Companieh says. I’m not unlike a lot of CIO peers.

Enterprise 105

Enterprise Digital Transformation Marketing Strategy 105

datapine

MAY 31, 2022

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. Cost management and containment.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

datapine

FEBRUARY 22, 2022

This includes defining the main stakeholders, assessing the situation, defining the goals, and finding the KPIs that will measure your efforts to achieve these goals. But the rewards outperform by far its costs, and it is well known that business intelligence ROI is real even if it is sometimes hard to quantify.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Dashboards 218

CIO Business Intelligence

OCTOBER 2, 2024

And Doug Shannon, automation and AI practitioner, and Gartner peer community ambassador, says the vast majority of enterprises are now focused on two categories of use cases that are most likely to deliver positive ROI. Classifiers are provided in the toolkits to allow enterprises to set thresholds. “We

Management 141

Management Data Governance Cost-Benefit Structured Data 141

Smart Data Collective

DECEMBER 17, 2021

Critical data, whether for enterprises or individuals, is literally critical. At least, the painstaking efforts accumulated will be wasted, which will seriously affect the regular operation of the enterprise and cause huge losses to the business. You have to take steps to protect it from data loss. What is backup? Security.

Cost-Benefit 126

Cost-Benefit Big Data Measurement ROI 126

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. Those Three Big Acronyms are still important for fine-tuning your IT operations, but success today is increasingly measured in business outcomes. Maybe you’ve even surpassed expectations in each of these yardsticks.

ROI 126

ROI Cost-Benefit KPI Uncertainty 126

CIO Business Intelligence

APRIL 19, 2024

“Everybody is still pretty much at the starting line from an enterprise perspective.” AI promises cost savings, productivity improvements, and better customer experiences, but CIOs need to figure out how to calculate the ROI , McDonald said. increase in IT spending this year, and it measured a 3.3% growth in 2023. drop in 2023.

IT 132

IT Software Cost-Benefit ROI 132