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

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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. Below are five examples of where to start.

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Sales Metrics Data-driven Measurement 143

CIO Business Intelligence

OCTOBER 1, 2024

Many organizations have struggled to find the ROI after launching AI projects, but there’s a danger in demanding too much too soon, according to IT research and advisory firm Forrester. Obvious use cases that enterprises experimented with last year are now table stakes and embedded in business software.”

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ROI IT Measurement Experimentation 131

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. Deploy scalable technology.

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CIO Business Intelligence

JANUARY 21, 2025

But alongside its promise of significant rewards also comes significant costs and often unclear ROI. Ineffective cost management: Over 22% of IT executives highlight challenges in managing costs and developing clear ROI methodologies. Lets begin by examining the specific cost-related concerns CIOs face when adopting GenAI technologies.

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CIO Business Intelligence

JUNE 27, 2022

Today, many CIOs feel the same way about metrics. Metrics are only as good as their source. Too often, technology companies pay consulting or analyst firms to create metrics based on the best characteristics of their offerings,” says Judith Hurwitz, CEO of Hurwitz Strategies, an emerging technology consulting firm.

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Metrics KPI IT Consulting 133

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?

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Management Machine Learning Experimentation Metrics 363

Occam's Razor

MAY 2, 2017

There is no golden metric for everyone, we are all unique snowflakes! :). and tell you what are the best key performance indicators (metrics) for them. In the past I’ve shared a cluster of metrics that small, medium and large businesses can use as a springboard…. If you want to play along. Don’t read what I’ve chosen.

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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.

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Software Enterprise Cost-Benefit ROI 131

AWS Big Data

NOVEMBER 3, 2023

Better visibility can lend itself to gains in operational efficiency, informed business decisions, and further transparency into your return on investment (ROI) when using the various features available through AWS Glue. No matter the industry or level of maturity within AWS, our customers require better visibility into their AWS Glue usage.

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DataKitchen

MARCH 16, 2023

But wait, she asks you for your team metrics. Where is your metrics report? What are the metrics that matter? Gartner attempted to list every metric under the sun in their recent report , “T oolkit: Delivery Metrics for DataOps, Self-Service Analytics, ModelOps, and MLOps, ” published February 7, 2023.

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CIO Business Intelligence

MARCH 19, 2025

However, embedding ESG into an enterprise data strategy doesnt have to start as a C-suite directive. Developers, data architects and data engineers can initiate change at the grassroots level from integrating sustainability metrics into data models to ensuring ESG data integrity and fostering collaboration with sustainability teams.

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IT Data Governance Data-driven Metrics 59

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. Why risk management is vital Risks in enterprise IT have significantly evolved in the past year, demanding an emphasis on short- and long-term resilience plans spanning multiple areas.

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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.

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IT Consulting ROI Cost-Benefit 141

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.

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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.

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CIO Business Intelligence

JULY 10, 2024

As Rebot is just a friendly enterprise assistant used by a friendly audience of our employees, partners, and B2B customers, a sensible level of technical guardrails has felt sufficient for now. And TaskUs doesn’t just deploy gen AI for internal operations, but also on behalf of enterprise clients.

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Decision Management Solutions

JULY 8, 2020

The research looked at the increasingly broad portfolio of analytic capabilities available to enterprises – everything from traditional Business Intelligence (BI) capabilities like reporting and ad-hoc queries to modern visualization and data discovery capabilities as well as advanced (predictive) analytics. Monitoring.

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CIO Business Intelligence

NOVEMBER 19, 2024

Investments in AI agent projects are expected to yield orders of magnitude in ROI and business value if companies select high-impact use cases. There is no faster way to erode ROI than through unneeded token costs and extra processing costs. Now is the time to explore agentic AI. But then, that’s where we must dive in slowly.

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Testing Cost-Benefit Interactive ROI 135

CIO Business Intelligence

JANUARY 7, 2025

With the AI revolution underway which has kicked the wave of digital transformation into high gear it is imperative for enterprises to have their cloud infrastructure built on firm foundations that can enable them to scale AI/ML solutions effectively and efficiently.

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Optimization Strategy Cost-Benefit Enterprise 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. The balance sheet gives an overview of the main metrics which can easily define trends and the way company assets are being managed. It doesn’t stop here.

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Business Intelligence Reporting Cost-Benefit Dashboards 259

CIO Business Intelligence

JULY 5, 2024

This is why many enterprises are seeing a lot of energy and excitement around use cases, yet are still struggling to realize ROI. So, to maximize the ROI of gen AI efforts and investments, it’s important to move from ad-hoc experimentation to a more purposeful strategy and systematic approach to implementation.

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ROI Experimentation Risk Cost-Benefit 124

datapine

JULY 26, 2022

The times were data analysis was segregated to big enterprises that had the necessary resources to carry it out are long gone. Enter small business dashboards and metrics. What Are Small Business Metrics? To get you started on the topic, you can take a look at our post on KPIs vs metrics. 2) What Are Small Business KPIs?

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Dashboards KPI Metrics Sales 151

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.

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ROI Cost-Benefit Experimentation Deep Learning 143

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. Establish a North Star.

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CIO Business Intelligence

JANUARY 23, 2024

For example, McKinsey suggests five metrics for digital CEOs , including the financial return on digital investments, the percentage of leaders’ incentives linked to digital, and the percentage of the annual tech budget spent on bold digital initiatives. As a result, outcome-based metrics should be your guide.

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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.

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Business Intelligence Cost-Benefit Dashboards ROI 183

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.

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ROI Interactive Software Measurement 130

Occam's Razor

AUGUST 22, 2011

" ~ Web Metrics: "What is a KPI? " + Standard Metrics Revisited Series. "Engagement" Is Not A Metric, It's An Excuse. Defining a "Master Metric", + a Framework to Gain a Competitive Advantage in Web Analytics. Customer Lifetime Value ROI, Buzz Monitoring, Click Fraud.

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KPI Metrics Measurement ROI 125

DataRobot Blog

SEPTEMBER 28, 2022

The report, based on customer interviews and industry metrics, is now available for download. ROI in a timeframe that’s up to 90% to 98% faster. years to deliver all 20 functions—a less than ideal situation for the modern enterprise. The post Enterprise Strategy Group (ESG) Predicts DataRobot Can Provide a 3.5–4.6X

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ROI Strategy Enterprise Cost-Benefit 52

datapine

NOVEMBER 5, 2019

By harnessing the insights, information, and metrics that are most valuable to key aspects of your business and understanding how to take meaningful actions from your data, you will ensure your business remains robust, resilient, and competitive. The Link Between Data And Business Performance.

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Dashboards Cost-Benefit Sales Metrics 220

Smarten

AUGUST 31, 2022

Increase the ROI and TCO of Tally ERP with Integrated Tally Mobile Analytics! If you are considering, or have already purchased software, you probably faced the questions from your management team about return on investment (ROI) and total cost of ownership (TCO). On the surface, the calculations for TCO and ROI may seem simple.

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ROI Analytics Software Finance 52

datapine

DECEMBER 11, 2019

Security: Most SaaS models are known for their enterprise-level security, which is a more holistic approach to security than many centralized, on-premise solutions. By working with the right set of marketing KPIs and using your consumer metrics to your advantage, you’ll be able to secure yourself a bright, prosperous SaaS future.

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Software Cost-Benefit Data-driven Data Processing 314

CIO Business Intelligence

SEPTEMBER 10, 2024

The series of AI and generative AI updates was announced at the company’s SuiteWorld conference in Las Vegas on Monday, accompanied by a new procurement solution and a connector for NetSuite customers who also depend on Salesforce as part of their enterprise mix. “We A new user experience (UX) is also on the roadmap.

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IT Cost-Benefit ROI Enterprise 116

Smarten

FEBRUARY 6, 2023

Embedded BI Improves ROI and TCO for Existing Technology and Benefits Business Users! One of the often-overlooked advantages of this strategy is the improvement of return on investment (ROI) and total cost of ownership (TCO).

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ROI Business Intelligence Cost-Benefit Software 52

Smart Data Collective

JUNE 10, 2021

Salesforce marketing tools also have a feature for reporting on fundamental metrics. They include ROI data analysis, click-through rate, the number of leads and closed deals, the cost per click, and other relevant metrics. Keep track of the key metrics in all stages of the system’s implementation.

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CIO Business Intelligence

OCTOBER 30, 2023

Around the world, leading enterprises have begun to harness the power of VSM—and have seen dramatic results. We have more visibility into metrics that matter in terms of how we work and use our people,” revealed Chelsey Marr, senior director of the Tyson Technology Program Management Office. What you see is maximizing the ROI.”

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