CIO Business Intelligence

NOVEMBER 11, 2024

While the ROI of any given AI project remains uncertain , one thing is becoming clear: CIOs will be spending a whole lot more on the technology in the years ahead. AI spending on the rise Two-thirds (67%) of projected AI spending in 2025 will come from enterprises embedding AI capabilities into core business operations, IDC claims.

ROI 137

ROI Cost-Benefit Risk Experimentation 137

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

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

Dataiku

NOVEMBER 17, 2021

For many years, AI was an experimental risk for companies. Today, AI is not a brand new concept and most enterprises have at least explored AI implementation. As of 2020, 68% of enterprises had used AI, having already adopted AI applications or introduced AI on some level into their business processes.

ROI 110

ROI Enterprise Experimentation Risk 110

CIO Business Intelligence

DECEMBER 2, 2024

Business risk (liabilities): “Our legacy systems increase our cybersecurity exposure by 40%.” Our research shows 52% of organizations are increasing AI investments through 2025 even though, along with enterprise applications, AI is the primary contributor to tech debt. Focus on delivering immediate change in a self-funding way.

ROI 136

ROI Cost-Benefit Metrics Strategy 136

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

OCTOBER 2, 2023

Most enterprises want to avoid expending unnecessary time, effort, and resources on licensing issues, so they can focus on maximizing value and results. Unfortunately, Oracle’s enterprise license agreements, and, more specifically, ULAs, typically require consistent oversight and proper management to ensure successful outcomes.

ROI 104

ROI Optimization Enterprise Modeling 104

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.

Cost-Benefit 98

Cost-Benefit ROI Measurement Strategy 98

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.

ROI 132

ROI IT Sales Consulting 132

CIO Business Intelligence

DECEMBER 17, 2024

Its the year organizations will move their AI initiatives into production and aim to achieve a return on investment (ROI). What are the associated risks and costs, including operational, reputational, and competitive? Change management creates alignment across the enterprise through implementation training and support.

Experimentation 98

Experimentation ROI Risk Data Quality 98

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

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

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. This can be great for technically-savvy customers but has the risk of not being sufficiently abstracted from AI costs to hold value over time, he says.

Cost-Benefit 128

Cost-Benefit Modeling ROI Marketing 128

CIO Business Intelligence

NOVEMBER 13, 2024

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. And we’re at risk of being burned out.” Finding a result that’s actually useful can be like looking for a needle in a haystack.

IT 141

IT Consulting ROI Cost-Benefit 141

CIO Business Intelligence

APRIL 24, 2024

Microsoft is opening another route for extending the reach of its Copilot offerings in the enterprise through an expanded partnership with global professional services company Cognizant. The announcement comes amid reluctance among some CIOs regarding the ROI of generative AI copilots.

Enterprise 128

Enterprise Digital Transformation Consulting Uncertainty 128

CIO Business Intelligence

JUNE 18, 2024

Enterprise resource planning (ERP) is ripe for a major makeover thanks to generative AI, as some experts see the tandem as a perfect pairing that could lead to higher profits at enterprises that combine them. At the same time, gen AI will make bill collections faster and cheaper, leading to increased profits, the report adds.

Enterprise 134

Enterprise Forecasting Unstructured Data Reporting 134

IBM Big Data Hub

MARCH 4, 2024

While many organizations have implemented AI, the need to keep a competitive edge and foster business growth demands new approaches: simultaneously evolving AI strategies, showcasing their value, enhancing risk postures and adopting new engineering capabilities. This requires a holistic enterprise transformation. times higher ROI.

Enterprise 96

Enterprise ROI Risk Strategy 96

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

JULY 10, 2024

And as gen AI is deployed by more companies, especially for high-risk, public-facing use cases, we’re likely to see more examples like this. But only 33% of respondents said they’re working to mitigate cybersecurity risks, down from 38% last year. But plans are progressing slower than anticipated because of associated risks,” she says.

Enterprise 136

Enterprise Risk Modeling Risk Management 136

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.

ROI 124

ROI Experimentation Risk Cost-Benefit 124

CIO Business Intelligence

APRIL 18, 2022

Data is what economists would call a non-rival risk, non-depleting progenitor of assets,” Laney says. 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.

ROI 116

ROI IT Dashboards Sales 116

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.

Strategy 143

Strategy Enterprise Testing Cost-Benefit 143

CIO Business Intelligence

DECEMBER 15, 2022

The company received the Asia Responsible Enterprise Awards 2022 for circular economy leadership , which recognized IVL’s successful PET Bottles Recycling to Personal Protection Equipment (PPE) Distribution project. About four years ago, IVL expanded the use of risk acceptance at its PNO facility in Texas to establish next-inspection plans.

Risk 98

Risk Digital Transformation Software ROI 98

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

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 Measurement 143

O'Reilly on Data

MARCH 31, 2020

Because it’s so different from traditional software development, where the risks are more or less well-known and predictable, AI rewards people and companies that are willing to take intelligent risks, and that have (or can develop) an experimental culture. What delivers the greatest ROI? How do you select what to work on?

Management 363

Management Machine Learning Experimentation Metrics 363

CIO Business Intelligence

SEPTEMBER 6, 2023

“Such discussions ensure the integration of cybersecurity initiatives and resource requirements in the enterprise’s business goals and objectives,” he adds. The discussions address changing regulatory and compliance requirements, and reveal vulnerabilities and threats for risk mitigation.”

IT 142

IT ROI Risk Strategy 142

Corinium

JUNE 6, 2019

Lack of clear, unified, and scaled data engineering expertise to enable the power of AI at enterprise scale. Regulations and compliance requirements, especially around pricing, risk selection, etc., What do you recommend to organizations to harness this but also show a solid ROI? It is fast and slow.

Analytics 250

Analytics Insurance Forecasting Deep Learning 250

CIO Business Intelligence

AUGUST 4, 2023

In collaboration with our peers, we have a solid business sense that carefully weighs innovation and risk in order to gain valuable ROI while protecting the organization from all forms of risk associated with each project. If reversible, then there’s clearly less risk. What’s new and different today?

Risk 98

Risk Risk Management ROI Technology 98

CIO Business Intelligence

JANUARY 30, 2025

In a research note, Gartner said DeepSeek challenges the prevailing gen AI cost structures and methodologies, underscoring the inefficiencies in current leading vendor pricing models that can lead to negative ROI for high-value use cases deployed at scale.

Modeling 117

Modeling Data-driven Technology Strategy 117

CIO Business Intelligence

MARCH 19, 2025

However, embedding ESG into an enterprise data strategy doesnt have to start as a C-suite directive. If sustainability-related data projects fail to demonstrate a clear financial impact, they risk being deprioritized in favor of more immediate business concerns.

IT 59

IT Data Governance Data-driven Metrics 59

datapine

SEPTEMBER 29, 2022

More generally, low-quality data can impact productivity, bottom line, and overall ROI. No, its ultimate goal is to increase return on investment (ROI) for those business segments that depend upon data. Industry-wide, the positive ROI on quality data is well understood. Data Quality Management Best Practices.

Data Quality 241

Data Quality Metrics Data-driven Management 241

CIO Business Intelligence

AUGUST 15, 2024

Many of those gen AI projects will fail because of poor data quality, inadequate risk controls, unclear business value , or escalating costs , Gartner predicts. In the enterprise, huge expectations have been partly driven by the major consumer reaction following the release of ChatGPT in late 2022, Stephenson suggests.

ROI 143

ROI Cost-Benefit Experimentation Deep Learning 143

CIO Business Intelligence

MARCH 6, 2024

Attacks against OT systems pose risks beyond financial losses. Colonial Pipeline, and the Ukraine power grid , to name a few, all led to potential health risks and operational shutdown of critical facilities. The first is the ability to get to ROI faster. We hear about these types of attacks with distressing regularity.

Manufacturing 126

Manufacturing ROI Cost-Benefit IoT 126

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

CIO Business Intelligence

SEPTEMBER 13, 2022

For the evolution of its enterprise storage infrastructure, Petco had stringent requirements to significantly improve speed, performance, reliability, and cost efficiency. This bank needed to upgrade its enterprise storage infrastructure as part of a major upgrade of online banking applications with a third-party provider.

Enterprise 97

Enterprise Insurance Cost-Benefit ROI 97

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