CIO Business Intelligence

AUGUST 22, 2024

That spectrum of budget adjustments is being met by a range of strategies by IT leaders seeking to make the most of their 2025 IT spend. More than nine in 10 IT decision-makers project their budgets will increase in 2025, according to the Forrester 2025 Budget Planning Guide for Technology Executives. through 2027.

Strategy 133

Strategy IT Uncertainty Software 133

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

NOVEMBER 18, 2024

Rethinking IT structure serves as yet another catalyst for advancing tech-driven business strategy. But Florida-based Brown & Brown Insurance put old-school conventions to the test when it joined a growing cadre of leading organizations remodeling IT to reflect the pervasive role of technology in business transformation.

IT 116

IT Insurance Strategy Technology 116

CIO Business Intelligence

OCTOBER 12, 2023

The following are strategies you can leverage as a team to change this attitude: Leveraging data for impact One key strategy is using data to demonstrate the service desk’s influence on your organization’s bottom line. To illustrate the real-world impact of these strategies, let’s focus on Wodonga TAFE. Managed IT Services

Strategy 111

Strategy ROI IT Cost-Benefit 111

CIO Business Intelligence

OCTOBER 29, 2024

On the other hand, there are also many cases of enterprises hanging onto obsolete systems that have long-since exceeded their original ROI. Rasmussen says the modernization process should begin by forming a strategy team and directing it to build the business case for why change is needed. “As

IT 139

IT Cost-Benefit Strategy Risk 139

Corinium

AUGUST 17, 2020

Three strategies for demonstrating business value for your experience management program. A successful program often comes down to strategically choosing initiatives, using storytelling techniques to showcase ROI and keeping the right stakeholders involved. A 360 view of experience intelligence and how it makes your job easier.

ROI 195

ROI Forecasting Metrics Measurement 195

Dataiku

NOVEMBER 13, 2024

The report delves into how GenAI has (and has not) reshaped organizational landscapes and highlights year-over-year trends in its utilization, investment strategies, ROI, and the evolving operational challenges.

Strategy 52

Strategy ROI Reporting IT 52

CIO Business Intelligence

SEPTEMBER 6, 2023

The value of addressing cybersecurity issues through ongoing discussions is getting corporate alignment on effective and robust strategies, says Roger Albrecht, co-lead of the cybersecurity unit at technology research and advisory firm ISG. Are our systems adequately modernized for security? This is equivalent to building on sand,” he states.

IT 142

IT ROI Risk Strategy 142

CIO Business Intelligence

MARCH 12, 2024

With greater scrutiny on margins and ROI, CIOs must spend wisely, making today’s economic environment a more difficult one for selling preemptive projects that don’t produce immediate ROI. Here are three strategies for getting it done. There’s a trick to this, and it’s one that, ultimately, your organization will thank you for.

ROI 122

ROI IT Manufacturing Metrics 122

CIO Business Intelligence

NOVEMBER 10, 2024

To support the implementation of enterprises’ phased key tasks and long-term strategies, we need to develop scenario-based services and build digital and intelligent scenarios. From the economic perspective: keeping in mind ROI and asset appreciation The economic perspective requires quantitative ROI evaluation for quick decision-making.

Strategy 116

Strategy ROI Digital Transformation Enterprise 116

Smart Data Collective

AUGUST 31, 2023

We mentioned that many people use data analytics to maximize stock market investing returns , but it is also possible to improve the ROI of high yield investment trusts. These yields are becoming even greater as more investors embrace data-driven investing strategies.

ROI 102

ROI Data Analytics Analytics Risk 102

CIO Business Intelligence

APRIL 18, 2022

Today, Doug Laney, innovation fellow of data and analytics strategy at West Monroe, disputes Humby’s assertion on a technicality: “When you use a drop of oil, you can only use it one way at a time,” Laney says. times more likely when they demonstrated ROI on their BI or data analytics investments. When you do use it, it gets used up.

ROI 116

ROI IT Dashboards Sales 116

CIO Business Intelligence

OCTOBER 23, 2024

Should you rethink your service provider strategies when dealing with genAI produced output? In some cases, he said, the best strategy is to backburner the genAI issues and instead focus on pure ROI. But even more important than that, they were able to reduce the number of days it took to collect that cash.”

Consulting 122

Consulting Strategy Cost-Benefit Modeling 122

CIO Business Intelligence

OCTOBER 30, 2024

What approach are you taking to ensure ROI on these investments? This required a major mindset change for our team, so we put people at the center of the strategy. We must be digital, and we must put people at the center of our strategy. What’s your approach to building a new mindset for transformation? It’s about survival.

Digital Transformation 118

Digital Transformation Manufacturing IT Data Lake 118

CIO Business Intelligence

OCTOBER 28, 2024

The launch by SAP of new AI capabilities in its SuccessFactors HCM (human capital management) suite Monday is a case of “better late to the party than never,” according to an analyst with Info-Tech Research Group. Enhancements to SAP’s AI copilot, Joule, which allow it to guide employees through the onboarding process. he asked. “It

IT 111

IT ROI Data-driven Forecasting 111

CIO Business Intelligence

AUGUST 6, 2024

It’s among CIOs’ most persistent and underdiscussed challenges: embracing innovative technologies without losing sight of mounting — and potentially crippling — technical debt. Nearly four in 10 CIOs surveyed recently in a recent CIO Sentiment Survey by IDC said they expect to overspend on digital infrastructure over the next 18 months.

IT 141

IT Digital Transformation ROI Consulting 141

CIO Business Intelligence

MAY 2, 2024

But not every approach provides the same ROI. Before committing to a migration strategy, organizations must identify the best approach for their business requirements. Each approach comes with its own benefits, time commitments, and cost.

ROI 52

ROI Cost-Benefit Strategy Technology 52

CIO Business Intelligence

JUNE 9, 2023

Such is the case with a data management strategy. Without it, businesses incur steep costs, but the downside, or costs, are often unclear because calculating data management’s return on investment (ROI), or upside, is a murky exercise. Let’s look at how we can resolve this—while there is still time to do so.

Strategy 116

Strategy Management Key Performance Indicator ROI 116

Smart Data Collective

OCTOBER 1, 2020

The ROI of email marketing can be up to 4,400%. Email list segmentation strategies have their limitations without machine learning. Some examples of segmentation strategies are discussed below. The primary segmentation strategy involves creating separate mailing lists for people looking for specific products.

Machine Learning 142

Machine Learning ROI Marketing Advertising 142

CIO Business Intelligence

NOVEMBER 14, 2024

To deliver truly transformational benefits, businesses need to modernize their ITSM strategy by breaking down barriers between the organization and their end users. Deploying a modern ITSM strategy So how can companies arrive at this picture? The upshot of successfully providing ITSM is numerous.

Management 59

Management IT ROI Digital Transformation 59

CIO Business Intelligence

FEBRUARY 13, 2024

To name a few — products and services that are delivered on time and on budget, and overall IT ROI.” Avila observes that many IT leaders will default to ROI as the most important metric because there’s strong belief that a good ROI is necessary to get the most out of the technology spend. Here they are.

Metrics 140

Metrics IT ROI Measurement 140

Smart Data Collective

FEBRUARY 16, 2023

According to one analysis, companies that used machine learning in their marketing strategies boosted sales by up to 50%. There are a number of ways that companies can boost their marketing strategies with machine learning technology. How Can Machine Learning Boost Your Social Media Marketing ROI?

Machine Learning 118

Machine Learning ROI Marketing Advertising 118

CIO Business Intelligence

JULY 5, 2024

So many vendors, applications, and use cases, and so little time, and it permeates everything from business strategy and processes, to products and services. This is why many enterprises are seeing a lot of energy and excitement around use cases, yet are still struggling to realize ROI.

ROI 124

ROI Experimentation Risk Cost-Benefit 124

David Menninger's Analyst Perspectives

NOVEMBER 5, 2024

At its recent analyst conference, Verint laid out the latest steps in its strategy for coping with marketplace changes, including its efforts to pivot from traditional AM tools to software components reflective of its innovations around AI, automation and analytics. Verint’s strategy for bots has been evolving.

ROI 130

ROI Interactive Software Measurement 130

CIO Business Intelligence

MAY 14, 2024

In my younger and more sarcastic days I used to needle my friend the budgeting manager, who was also responsible for reviewing capital project proposals to ensure their projected ROI exceeded the hurdle rate. What,” I asked him, “is the ROI for budgeting?” My friend would state, in response, “Your budget is your plan! ”

IT 111

IT ROI Strategy Forecasting 111

DataRobot Blog

SEPTEMBER 28, 2022

ROI in a timeframe that’s up to 90% to 98% faster. ESG reports that, with the value of DataRobot and an effective data analytics strategy, customers can expect to see faster time to market for their products, improved operational efficiencies across the business, and earlier insight into potential supply chain issues. Download Now.

ROI 52

ROI Strategy Enterprise Cost-Benefit 52

Andrew White

DECEMBER 19, 2022

Inflation, global supply chain challenges, and rising interest rates, are conspiring to make doing business difficult. For a year or more these short-term pressures have been building. In the last couple of weeks it looks like inflation maybe peaking , and supply chains seems to be sorting themselves out. The End of an Era.

ROI 52

ROI Cost-Benefit Strategy Data-driven 52

CIO Business Intelligence

MAY 13, 2024

Corporate and IT strategy are one, and technology is the tool to deliver strategic objectives. Overall, IT projects are meant to create a leaner, more profitable company, says Bilker, CIO of manufacturer Lift Solutions Holding. To do that, Bilker and his IT team are bringing its disparate data sets together in a data lakehouse.

IT 131

IT Digital Transformation ROI Strategy 131

Smart Data Collective

DECEMBER 15, 2021

Whether marketers intend to reach new customers or persuade the existing ones, here are ways analytics is boosting returns on investment (ROI): 1. Creating a strategy that promotes your products and services is the first attempt at reaching your target audience. Increased Customer Growth. Improved Marketing Campaigns.

ROI 121

ROI Marketing Data Analytics Analytics 121

CIO Business Intelligence

FEBRUARY 22, 2023

But not every approach provides the same ROI. Before committing to a migration strategy, organizations must identify the best approach for their business requirements. Each approach comes with its own benefits, time commitments, and cost.

ROI 52

ROI Cost-Benefit Strategy Technology 52