CIO Business Intelligence

FEBRUARY 4, 2025

At its core, AI asks us to challenge everything we know about how we structure, operate, and measure business success. We need to challenge our fundamental assumptions about how we think about our business, how we work, and how we measure success. If you work in finance, youre working in SAP. Start with how you think about work.

Digital Transformation 144

Digital Transformation Sales Optimization Enterprise 144

O'Reilly on Data

NOVEMBER 19, 2024

presented the TRACE framework for measuring results, which showed how GraphRAG achieves an average performance improvement of up to 14.03%. People who work in regulated environments (think: public sector, finance, healthcare, etc.) reported that GraphRAG in LinkedIn customer service reduced median per-issue resolution time by 28.6%.

Unstructured Data 318

Unstructured Data Structured Data Statistics Modeling 318

CIO Business Intelligence

SEPTEMBER 2, 2022

But financial services companies need skilled IT professionals to help manage the integration of new and emerging technology, while modernizing legacy finance tech. As demand for tech skills grows in the finance industry, certain IT jobs are becoming more sought-after than others. Back-end software engineer. Data engineer.

Finance 98

Finance IT Software Reporting 98

CIO Business Intelligence

AUGUST 31, 2022

But financial services companies need skilled IT professionals to help manage the integration of new and emerging technology, while modernizing legacy finance tech. As demand for tech skills grows in the finance industry, certain IT jobs are becoming more sought-after than others. Back-end software engineer. Data engineer.

Finance 98

Finance IT Software Reporting 98

CIO Business Intelligence

NOVEMBER 21, 2024

Hidden costs and price hikes Deploying AI takes a different approach than other technologies, adds Sumit Johar, CIO at finance software vendor BlackLine. “Even if they do understand the cost, they don’t have the leverage to change it.” The cost “just compounds exponentially,” he adds. “It It really has the potential to go off the rails.”

Management 124

Management Interactive ROI Software 124

CIO Business Intelligence

JANUARY 21, 2025

These concerns emphasize the need to carefully balance the costs of GenAI against its potential benefits, a challenge closely tied to measuring ROI. Prioritize high-impact use cases: Identify projects with measurable benefits that can give quick wins.

Cost-Benefit 98

Cost-Benefit ROI Measurement Strategy 98

datapine

AUGUST 19, 2020

Inventory metrics are indicators that help you monitor, measure, and assess your performance – and thus, give you some keys to optimize your processes as well as improve them. This is something you can measure with a customer service KPI like the net promoter score or NPS, that evaluates the power of your referral.

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

O'Reilly on Data

JULY 15, 2019

In our experience, many of the most popular conference talks on model explainability and interpretability are those given by speakers from finance. Risk-control staff take care of risk measurement, limits, monitoring, and independent validation. New digital-native companies (in media, e-commerce, finance, etc.) credit scores ).

Machine Learning 52

Machine Learning Management Enterprise Risk Management 52

O'Reilly on Data

APRIL 22, 2020

Three months ago, Apple released a new credit card in partnership with Goldman Sachs that aimed to disrupt the highly regulated world of consumer finance. Apple is a great producer of computer hardware, while Goldman knows finance and its complex rules backwards and forwards.

Cost-Benefit 327

Cost-Benefit Finance Data-driven Strategy 327

datapine

JUNE 5, 2019

Data dashboards provide a centralized, interactive means of monitoring, measuring, analyzing, and extracting a wealth of business insights from relevant datasets in several key areas while displaying aggregated information in a way that is both intuitive and visual. Learn all about data dashboards with our executive bite-sized summary!

Dashboards 316

Dashboards KPI Sales Visualization 316

CIO Business Intelligence

MARCH 25, 2022

The current European Banking Authority Guidelines (EBAG), a predecessor to DORA, already gives finance regulators some of this oversight in the form of guidance. DORA takes things further with additional components that EBAG does not have. In Europe, you sometimes hear complaints about GDPR.

Finance 98

Finance KPI Risk IoT 98

CIO Business Intelligence

NOVEMBER 4, 2024

Much like finance, HR, and sales functions, organizations aim to streamline cloud operations to address resource limitations and standardize services. The challenge for CIOs is that without the right tools in place, this new hybrid cloud estate can blur the visibility business technology leaders need to measure performance and costs.

Finance 89

Finance Sales Reporting Optimization 89

datapine

FEBRUARY 9, 2024

The process helps businesses and decision-makers measure the success of their strategies toward achieving company goals. How does Company A measure the success of each individual effort so that it can isolate strengths and weaknesses? Key performance indicators enable businesses to measure their own ability to set and achieve goals.

KPI 221

KPI Management Key Performance Indicator Measurement 221

CIO Business Intelligence

MAY 15, 2025

And from a finance lens, they struggle to quantify total cost of ownership or link spending to actual results. Finance still holds the keyswhich is ironic, because the finance team, the one that always asks tech to speak the language of the business, is the one group that stands to benefit most. Sound familiar?

Cost-Benefit 66

Cost-Benefit Finance Metrics Modeling 66

Jedox

MAY 17, 2022

Predictive analytics is a discipline that’s been around in some form since the dawn of measurement. Predictive Analytics Example in Finance. In finance, we know there are annual events that substantially impact our data, like IRS filing deadlines. Predictive Analytics Example in Finance. Table of Contents.

Predictive Analytics 83

Predictive Analytics Finance Analytics Forecasting 83

datapine

OCTOBER 7, 2020

What gets measured gets done.” – Peter Drucker. By setting operational performance measures, you will know what is happening at every stage of your business. Every business needs to focus on finances, and by doing so, you will have the opportunity to keep your cash flow steady and sustainable. Who will measure it?

KPI 269

KPI Metrics Sales Visualization 269

datapine

AUGUST 12, 2020

This first example focuses on one of the most important and data-driven department of any company: finance. The importance of this finance dashboard lays within the fact that every finance manager can easily track and measure the whole financial overview of a specific company while gaining insights into the most valuable KPIs and metrics.

Reporting 297

Reporting Dashboards Visualization Cost-Benefit 297

datapine

JUNE 27, 2019

A CEO dashboard is an interactive platform that visualizes data to empower business leaders to track, measure, analyze, and monitor business performance in a number of areas, enabling them to make data-driven decisions and see the big business picture. Management, marketing, finance & sales in one. Let’s get started.

Dashboards 245

Dashboards Sales Cost-Benefit Visualization 245

Smart Data Collective

MAY 26, 2022

This means that cities need to measure the air quality at many different locations instead of just a few. For years, the only way to measure air quality was to take samples of the air and send them to a laboratory for analysis. In recent years, sensors that can measure air quality in real-time have been developed.

Technology 142

Technology Cost-Benefit ROI Measurement 142

CIO Business Intelligence

APRIL 8, 2025

Data quality must be embedded into how data is structured, governed, measured and operationalized. Customer, Product, Finance) needs a business-aligned owner responsible for availability, quality and roadmap evolution. Continuous measurement of data quality. Measure and improve. Each domain (e.g., Accuracy : High (e.g.,

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

datapine

APRIL 16, 2019

By implementing the right reporting tools and understanding how to analyze as well as to measure your data accurately, you will be able to make the kind of data driven decisions that will drive your business forward. Qualitative data analysis is based on observation rather than measurement. 9) Set measurable goals for decision making.

Data-driven 287

Data-driven Dashboards Visualization Cost-Benefit 287

Cloudera

JUNE 12, 2024

Risk and compliance analysis Risk and compliance analysis is another critical application of AI in finance. The Opportunities are Compelling, but Significant Challenges Must be Addressed Data privacy and security in the financial sector demand rigorous protection measures for sensitive information.

Finance 77

Finance Risk Management Risk Data-driven 77

datapine

FEBRUARY 18, 2020

If the finance department raises an alarm, everyone must carefully listen because it concerns the most crucial information and can lead to serious damages if ignored. That said, when it comes to digesting and taking action upon vital financial metrics and insights, well-designed finance graphs and charts offer the best solution.

Visualization 201

Visualization Metrics Dashboards Finance 201

O'Reilly on Data

MAY 14, 2020

In addition, the Research PM defines and measures the lifecycle of each research product that they support. For example, consider a company that aims to build and sell an AI-enabled personal finance app. This includes product roadmaps, experiments, and investments into user interface and design.

Management 364

Management Experimentation B2B Machine Learning 364

datapine

FEBRUARY 14, 2021

The shorter the conversion cycle the better, and this invaluable supply chain metric will help you take the right measures to ensure that you can run your business with less money tied up in operations. The days sales outstanding (DSO) KPI measures how swiftly you are able to collect or generate revenue from your customers.

Metrics 260

Metrics KPI Dashboards Sales 260

Smart Data Collective

JANUARY 12, 2022

Data analytics has arguably become the biggest gamechanger in the field of finance. Personal finance mistakes and issues often happen to businesses and business owners. Good finance habits set entrepreneurs up for success by letting them focus on the growth of their companies. billion in the next two years. Fraud risks.

Data Analytics 131

Data Analytics Analytics Finance Data mining 131

datapine

JANUARY 24, 2021

Once you have your data analytics questions, you need to have some standard KPIs that you can use to measure them. OK – so far, you’ve picked out some data analysis questions, and you’ve found KPIs to measure them. Be open-minded about your data sources in this step – all departments in your company, sales, finance, IT, etc.,

IT 317

IT Statistics KPI Data-driven 317

datapine

APRIL 2, 2020

By measuring KPIs regularly and automatically, you can increase productivity and decrease costs. . Doing so will not only help you to squeeze additional value from your organizational data, but it will also provide the opportunity to set performance targets and measure incremental success in vital areas of the business.

KPI 195

KPI Key Performance Indicator Software Dashboards 195

CIO Business Intelligence

MARCH 25, 2025

The problem: the complexity of interpreting the laws and deriving the necessary measures and requirements from them represents a significant hurdle for many companies. However, stakeholders from the development area are also important, as they are the ones who have to implement the legal requirements in the products, functions and services.

IT 95

IT Key Performance Indicator Risk Reporting 95

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. How Do You Measure Data Quality? Table of Contents. 2) Why Do You Need DQM?

Data Quality 241

Data Quality Metrics Data-driven Management 241

CIO Business Intelligence

APRIL 29, 2024

If you are a CIO or CISO and haven’t yet read this article – Finance worker pays out $25 million after video call with deepfake ‘chief financial officer,’ you should and then share it with your entire company. The digital impostors mimicked the finance worker’s actual team with disturbing accuracy. What happens then?

Finance 122

Finance Recreation/Entertainment Measurement Risk 122

CIO Business Intelligence

DECEMBER 18, 2024

This method of account takeover (ATO) is becoming more common as attackers attempt to bypass existing security measures. In a recent TransUnion survey of call center organizations, nearly two-thirds of financial industry respondents claim the majority of ATOs originate in the call center.

Risk 98

Risk Reporting Machine Learning Finance 98

CIO Business Intelligence

FEBRUARY 20, 2025

Its since evolved to become a widespread methodology adopted by corporations to bolster internal business processes in industries such as technology, healthcare, and finance. The framework originated in manufacturing, where it was developed to improve quality control and reduce variance in the manufacturing process.

Manufacturing 94

Manufacturing Testing Finance Modeling 94

CIO Business Intelligence

SEPTEMBER 5, 2024

The country’s Industry and Science Minister, Ed Husic, on Thursday, introduced ten voluntary AI guidelines and launched a month-long consultation to assess whether these measures should be made mandatory in high-risk areas. Second, even with human involvement, it’s nearly impossible to review everything comprehensively.”

Consulting 124

Consulting Risk Measurement Finance 124

datapine

MARCH 4, 2020

Operational reporting is an effective, results-driven means of tracking, measuring and analyzing a business’s regular deliverables and metrics, usually on a daily, weekly, and sometimes monthly basis with the help of modern and professional BI reporting tools. c) Finance operational reporting. What Is Operational Reporting?

Operational Reporting 169

Operational Reporting Reporting KPI Dashboards 169

CIO Business Intelligence

JUNE 30, 2023

How well the CIO understands finance : “The CIO should run IT like a business within a business,” says McGittigan. There’s an opportunity for the CIO to educate the CFO by explaining the change part in the same terms as the run part, but the average CIO lacks a sufficient understanding of finance.”

Finance 116

Finance Cost-Benefit Digital Transformation Reporting 116