CIO Business Intelligence

JANUARY 10, 2025

A sharp rise in enterprise investments in generative AI is poised to reshape business operations, with 68% of companies planning to invest between $50 million and $250 million over the next year, according to KPMGs latest AI Quarterly Pulse Survey. Despite the challenges, there is optimism about driving greater adoption.

ROI 81

ROI Enterprise Broadcasting Metrics 81

CIO Business Intelligence

DECEMBER 10, 2024

Computing costs rising Raw technology acquisition costs are just a small part of the equation as businesses move from proof of concept to enterprise AI integration. The rise of vertical AI To address that issue, many enterprise AI applications have started to incorporate vertical AI models. In fact, business spending on AI rose to $13.8

Modeling 116

Modeling Insurance Unstructured Data Experimentation 116

CIO Business Intelligence

NOVEMBER 27, 2024

From customer service chatbots to marketing teams analyzing call center data, the majority of enterprises—about 90% according to recent data —have begun exploring AI. Today, enterprises are leveraging various types of AI to achieve their goals. Learn more about how Cloudera can support your enterprise AI journey here.

Data Architecture 128

Data Architecture Cost-Benefit Machine Learning Experimentation 128

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

Also center stage were Infor’s advances in artificial intelligence and process mining as well as its environmental, social and governance application and supply chain optimization enhancements. The company provides industry-specific enterprise software that enhances business performance and operational efficiency.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

CIO Business Intelligence

DECEMBER 20, 2024

Its an offshoot of enterprise architecture that comprises the models, policies, rules, and standards that govern the collection, storage, arrangement, integration, and use of data in organizations. Optimize data flows for agility. Zachman Framework for Enterprise Architecture. DAMA-DMBOK 2.

Data Architecture 122

Data Architecture Management Consulting Internet of Things 122

CIO Business Intelligence

OCTOBER 24, 2024

Jayesh Chaurasia, analyst, and Sudha Maheshwari, VP and research director, wrote in a blog post that businesses were drawn to AI implementations via the allure of quick wins and immediate ROI, but that led many to overlook the need for a comprehensive, long-term business strategy and effective data management practices.

ROI 127

ROI Data-driven Enterprise Experimentation 127

CIO Business Intelligence

NOVEMBER 21, 2024

With the right AI investments marking the difference between laggards and innovative companies, deploying AI at scale has become an essential strategy in today’s business landscape. This is why Dell Technologies developed the Dell AI Factory with NVIDIA, the industry’s first end-to-end AI enterprise solution.

IT 111

IT Cost-Benefit Optimization Manufacturing 111

David Menninger's Analyst Perspectives

JANUARY 21, 2025

While new and emerging capabilities might catch the eye, features that address data platform security, performance and availability remain some of the most significant deal-breakers when enterprises are considering potential data platform providers. This is especially true for mission-critical workloads. The recent launch of MongoDB 8.0

Data Lake 130

Data Lake IoT Cost-Benefit Enterprise 130

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

CIO Business Intelligence

OCTOBER 25, 2024

Running AI on mainframes as a trend is still in its infancy, but the survey suggests many companies do not plan to give up their mainframes even as AI creates new computing needs, says Petra Goude, global practice leader for core enterprise and zCloud at global managed IT services company Kyndryl. I believe you’re going to see both.”

Data-driven 133

Data-driven Strategy Modeling Technology 133

CIO Business Intelligence

OCTOBER 9, 2024

The rise of generative AI (GenAI) felt like a watershed moment for enterprises looking to drive exponential growth with its transformative potential. As the technology subsists on data, customer trust and their confidential information are at stake—and enterprises cannot afford to overlook its pitfalls.

Strategy 143

Strategy Modeling Management Data Lake 143

O'Reilly on Data

JULY 15, 2019

A look at how guidelines from regulated industries can help shape your ML strategy. Continue reading Managing machine learning in the enterprise: Lessons from banking and health care. The document goes on to propose a framework for risk management and best practices for evolving such ML/AI based systems.

Machine Learning 52

Machine Learning Management Enterprise Risk Management 52

AWS Big Data

JANUARY 9, 2025

In our previous post Backtesting index rebalancing arbitrage with Amazon EMR and Apache Iceberg , we showed how to use Apache Iceberg in the context of strategy backtesting. This capability is particularly valuable in maintaining the integrity of backtests and the reliability of trading strategies.

Metadata 110

Metadata Snapshot Cost-Benefit Optimization 110

CIO Business Intelligence

OCTOBER 22, 2024

Cloud strategies are undergoing a sea change of late, with CIOs becoming more intentional about making the most of multiple clouds. A lot of ‘multicloud’ strategies were not actually multicloud. Today’s strategies are increasingly multicloud by intention,” she adds.

Strategy 128

Strategy Cost-Benefit Risk Enterprise 128

Cloudera

JANUARY 7, 2025

In todays dynamic digital landscape, multi-cloud strategies have become vital for organizations aiming to leverage the best of both cloud and on-premises environments. As enterprises navigate complex data-driven transformations, hybrid and multi-cloud models offer unmatched flexibility and resilience. Why Hybrid and Multi-Cloud?

Cost-Benefit 82

Cost-Benefit Optimization Strategy Data-driven 82

David Menninger's Analyst Perspectives

OCTOBER 31, 2024

Generative AI (GenAI) software can transform various aspects of enterprise operations, which makes it a critical component of modern business strategies. Well-defined guidelines and prompt optimization training help minimize the risk of errors while also maintaining compliance with enterprise policies.

Enterprise 130

Enterprise Interactive Software Cost-Benefit 130

CIO Business Intelligence

JANUARY 24, 2024

Organizations can’t afford to mess up their data strategies, because too much is at stake in the digital economy. How enterprises gather, store, cleanse, access, and secure their data can be a major factor in their ability to meet corporate goals. Here are some data strategy mistakes IT leaders would be wise to avoid.

Data Strategy 136

Data Strategy Strategy Unstructured Data Data Governance 136

CIO Business Intelligence

JANUARY 21, 2025

Well also examine strategies CIOs can use to address these challenges, ensuring their organizations can recognize the rewards of GenAI without compromising financial stability. CIOs must develop a clear strategy for projecting and demonstrating ROI to ensure that innovation investments align with organizational goals.

Cost-Benefit 98

Cost-Benefit ROI Measurement Strategy 98

CIO Business Intelligence

OCTOBER 24, 2024

By 2026, hyperscalers will have spent more on AI-optimized servers than they will have spent on any other server until then, Lovelock predicts. 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.

IT 133

IT Data-driven Recreation/Entertainment Experimentation 133

CIO Business Intelligence

DECEMBER 18, 2024

Trading: GenAI optimizes quant finance, helps refine trading strategies, executes trades more effectively, and revolutionizes capital markets forecasting. Financial institutions have an unprecedented opportunity to leverage AI/GenAI to expand services, drive massive productivity gains, mitigate risks, and reduce costs.

Forecasting 105

Forecasting Predictive Analytics Risk Finance 105

CIO Business Intelligence

NOVEMBER 19, 2024

The next phase of this transformation requires an intelligent data infrastructure that can bring AI closer to enterprise data. The challenges of integrating data with AI workflows When I speak with our customers, the challenges they talk about involve integrating their data and their enterprise AI workflows.

Management 116

Management Unstructured Data Deep Learning Metadata 116

CIO Business Intelligence

MAY 30, 2024

As enterprises increasingly embrace serverless computing to build event-driven, scalable applications, the need for robust architectural patterns and operational best practices has become paramount. Enterprises and SMEs, all share a common objective for their cloud infra – reduced operational workloads and achieve greater scalability.

Optimization 116

Optimization Data-driven IoT Manufacturing 116

CIO Business Intelligence

MARCH 25, 2025

Accenture reports that the top three sources of technical debt are enterprise applications, AI, and enterprise architecture. Falling behind AI governance practices may yield unacceptable risks, especially as AI agents are deployed in enterprise and customer-facing applications.

Risk 140

Risk Cost-Benefit Data-driven Digital Transformation 140

CIO Business Intelligence

NOVEMBER 14, 2023

Companies may have had highly detailed migration or execution plans, but many failed to develop a point of view on the role of cloud in the enterprise. Although some continue to leap without looking into cloud deals, the value of developing a comprehensive cloud strategy has become evident. Why are we really going to cloud?

Strategy 145

Strategy Cost-Benefit IT Key Performance Indicator 145

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

AWS Big Data

OCTOBER 17, 2024

Whether you’re just getting started with searches , vectors, analytics, or you’re looking to optimize large-scale implementations, our channel can be your go-to resource to help you unlock the full potential of OpenSearch Service.

Analytics 111

Analytics Optimization Data-driven Data Architecture 111

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

DECEMBER 30, 2024

Data sovereignty and the development of local cloud infrastructure will remain top priorities in the region, driven by national strategies aimed at ensuring data security and compliance. Governments and enterprises will leverage AI for operational efficiency, economic diversification, and better public services.

IoT 105

IoT Digital Transformation Internet of Things Data-driven 105

CIO Business Intelligence

DECEMBER 9, 2024

In fact, many organizations save up to 30% of the time from strategy to deployment by taking a modern approach to application modernization. The result is a more cybersecure enterprise. In this context, GenAI can be used to speed up release times.

Cost-Benefit 98

Cost-Benefit Optimization Data-driven Marketing 98

CIO Business Intelligence

APRIL 11, 2024

In a cloud market dominated by three vendors, once cloud-denier Oracle is making a push for enterprise share gains, announcing expanded offerings and customer wins across the globe, including Japan , Mexico , and the Middle East. Oracle is helped by the fact that it has two offerings for enterprise applications, says Thompson.

Enterprise 124

Enterprise IT Data Processing Strategy 124

CIO Business Intelligence

NOVEMBER 19, 2024

A cloud analytics migration project is a heavy lift for enterprises that dive in without adequate preparation. Clearing business strategy hurdles Choosing the right technologies to meet an organization’s unique AI goals is usually not straightforward. But this scenario is avoidable.

Analytics 97

Analytics Cost-Benefit Finance Data-driven 97

CIO Business Intelligence

JUNE 20, 2024

James Ochoa, vice president of cloud solutions at Flexential, views the company’s extensive portfolio not simply as a collection of innovative, bespoke, and proven technologies, but more fundamentally as the solution it uses to help more than 3,000 enterprises in more than 20 industries solve their business challenges.

Enterprise 119

Enterprise Data Processing Optimization Technology 119

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. It’s a full-fledged platform … pre-engineered with the governance we needed, and cost-optimized.

IT 122

IT Insurance Consulting Risk 122

CIO Business Intelligence

SEPTEMBER 17, 2024

Change is a constant source of stress on enterprise networks, whether as a result of network expansion, the ever-increasing pace of new technology, internal business shifts, or external forces beyond an enterprise’s control. Learn more about how automated network observability fits into your overall AIOps strategy.

Enterprise 116

Enterprise Cost-Benefit Optimization Reporting 116

CIO Business Intelligence

NOVEMBER 4, 2024

However, enterprise cloud computing still faces similar challenges in achieving efficiency and simplicity, particularly in managing diverse cloud resources and optimizing data management. Enterprise IT struggles to keep up with siloed technologies while ensuring security, compliance, and cost management.

Finance 89

Finance Sales Reporting Optimization 89

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. What is TCO and why is it important?

Software 131

Software Enterprise Cost-Benefit ROI 131