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.

Metrics 133

Metrics KPI IT Consulting 133

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.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

Occam's Razor

SEPTEMBER 24, 2012

A Facebook employee (FBe) gave a talk about measuring ROI/Value of Facebook campaigns. FBe's recommendation was (paraphrasing a 35 min talk): Don't invent new metrics, use online versions of Reach and GRPs to measure success. So to imply the ROI in Step 4 is sub-optimal. Gets more Likes. It was huge.

Advertising 165

Advertising ROI Metrics Marketing 165

IBM Big Data Hub

JULY 5, 2023

However, cloud services costs can be higher than anticipated, so monitoring and optimizing your cloud spend is critical. Cloud cost optimization combines strategies, techniques, best practices and tools to help reduce cloud costs, find the most cost-effective way to run your applications in the cloud environment, and maximize business value.

Optimization 63

Optimization Forecasting ROI Metrics 63

David Menninger's Analyst Perspectives

NOVEMBER 5, 2024

We have seen tremendous innovation and expansion of the available technologies for running centers and optimizing the performance of the human labor pool, as well as an explosion of tools built to automate customer interactions. The core tools are time-tested and well regarded; the new ones come with vendor assertions about ROI.

ROI 130

ROI Interactive Software Measurement 130

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.

Metrics 94

Metrics Dashboards Metadata Visualization 94

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.

ROI 52

ROI Analytics Software Finance 52

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. Focused and targeted campaigns boost sales by engaging optimally with the audience. By optimizing your marketing campaigns, analytics helps you identify risks and quickly patch them.

ROI 121

ROI Marketing Data Analytics Analytics 121

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).

ROI 52

ROI Business Intelligence Cost-Benefit Software 52

CIO Business Intelligence

MAY 26, 2022

For the business, it’s all about innovation and ROI on new products, services, features, and so on. When teams encounter challenges or need to weigh tradeoffs, such as balancing between innovation and architectural optimization, stakeholders can do so with shared, well-defined visibility into priorities. Step 3: Rally your teams.

Optimization 111

Optimization Management ROI Business Objectives 111

CIO Business Intelligence

MAY 28, 2022

For the business, it’s all about innovation and ROI on new products, services, features, and so on. When teams encounter challenges or need to weigh tradeoffs, such as balancing between innovation and architectural optimization, stakeholders can do so with shared, well-defined visibility into priorities. Step 3: Rally your teams.

Optimization 95

Optimization Management ROI Business Objectives 95

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.

Metrics 143

Metrics Key Performance Indicator B2B Measurement 143

datapine

SEPTEMBER 6, 2022

Modern content performance reports in the shape of an interactive online dashboard present an intuitive and accessible way to assess your content’s success and its ROI in real-time and in one centralized location. Enter modern content reports. Which we present below. What Is A Content Dashboard?

Dashboards 179

Dashboards Reporting ROI Metrics 179

datapine

APRIL 13, 2021

As with any other business out there, agencies manage big amounts of data in the form of surveys, social media metrics, website performance, or any other information related to their client’s goals. Apart from using their data to support decision-making, agencies also use metrics as the main language in which they speak to their clients.

Dashboards 256

Dashboards Reporting Analytics Cost-Benefit 256

CIO Business Intelligence

JANUARY 10, 2024

Optimizing cloud investments requires close collaboration with the rest of the business to understand current and future needs, building effective FinOps teams, partnering with providers, and ongoing monitoring of key performance metrics. We need hard metrics because we’re running 800 instances of cloud computers.

Cost-Benefit 124

Cost-Benefit Measurement Optimization Metrics 124

CIO Business Intelligence

NOVEMBER 20, 2023

Well-known metrics, such as deployment frequency, are useful when it comes to tracking teams but not individuals. The developer productivity metrics that matter most The reason we believe this is that we are working with 20 tech, finance, and pharmaceutical companies that are doing it. ROI and Metrics, Software Development

Measurement 126

Measurement Metrics Testing Software 126

Occam's Razor

MARCH 25, 2014

In a world of infinite choice, the ability to pick critical few metrics to focus on is, well…, critical. In this post I want to share that one-page list of the best metrics for digital content, marketing and business success with you. The Optimal Digital Investment Strategy ]. Bonus reading: Rent or Own?

Metrics 157

Metrics Marketing Strategy Key Performance Indicator 157

CIO Business Intelligence

FEBRUARY 1, 2024

Total cost of ownership (TCO) is an estimate of an organization’s overall expected spend to purchase, configure, install, use, monitor, maintain, optimize, and retire a product or service. Re-engineering: What type of process re-engineering will be required to make sure workflows are optimized to get the maximum benefit from the new software.

Software 131

Software Enterprise Cost-Benefit ROI 131

datapine

APRIL 12, 2023

Here we explore the meaning and value of incremental sales in the world of business, as well as the additional KPI examples and metrics you should track to ensure ongoing success. To ensure you yield the results you desire, first establish your goals, then decide on the metrics that you will need to track to measure your performance.

Sales 176

Sales KPI Metrics Cost-Benefit 176

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.

Measurement 141

Measurement Digital Transformation KPI Metrics 141

CIO Business Intelligence

MAY 9, 2022

While strong ROI is compelling, so is the fact that people issues are one of the top enterprise risks. Sharing progress toward achieving KPIs and metrics reinforces that commitment. Analyzing metrics and KPIs along the transformation journey helps guide decision-making towards the stated strategy. Establish a North Star.

Technology 97

Technology ROI Metrics Digital Transformation 97

CIO Business Intelligence

JUNE 9, 2023

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. For many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents.

Strategy 116

Strategy Management Key Performance Indicator ROI 116

CIO Business Intelligence

SEPTEMBER 10, 2024

It will be incumbent on the customer to hold Oracle accountable for providing a positive ROI on these features when they seek a renewal price increase,” he said. “I Bickley cautioned, however, that NetSuite will have to prove value to drive a renewal cost increase for these services. “It

IT 116

IT Cost-Benefit ROI Enterprise 116

CIO Business Intelligence

NOVEMBER 13, 2024

The company has already rolled out a gen AI assistant and is also looking to use AI and LLMs to optimize every process. One is going through the big areas where we have operational services and look at every process to be optimized using artificial intelligence and large language models. We’re doing two things,” he says.

IT 138

IT Consulting ROI Cost-Benefit 138

AWS Big Data

NOVEMBER 20, 2024

The highlighted boxes show that is an Unmanaged asset and of type “Metrics” that was created in the previous step. Choose ADD Rule as shown above to create the rule for all metrics assets. Provide details, including the Metrics Request Form associated with the Metrics asset type.

Metadata 52

Metadata Data Governance Metrics Marketing 52

datapine

JANUARY 18, 2023

Businesses use this type of report to spot any issues and define their solutions, or to identify improvement opportunities to optimize their operational efficiency. Rather is the sales department, customer service, logistics, or finances, this specific report type help track and optimize performance on a deeper level.

Reporting 201

Reporting Metrics Dashboards Visualization 201

CIO Business Intelligence

OCTOBER 30, 2023

Through VSM, they optimized resource utilization and reduced waste. 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.”

Management 144

Management Digital Transformation Cost-Benefit ROI 144

IBM Big Data Hub

AUGUST 11, 2023

MES systems can assist managers with process management and process control, helping to facilitate optimal performance of manufacturing. By facilitating optimized production planning and scheduling, these systems ensure efficient resource allocation, workload balancing and on-time deliveries, leading to improved profitability.

Software 68

Software Manufacturing ROI Cost-Benefit 68

datapine

JULY 26, 2022

Enter small business dashboards and metrics. What Are Small Business Metrics? Small business metrics are performance measurements that provide insights into the progress of different activities and company goals. To get you started on the topic, you can take a look at our post on KPIs vs metrics. Marketing ROI.

Dashboards 151

Dashboards KPI Metrics Sales 151

Smart Data Collective

NOVEMBER 5, 2023

Metrics such as click-through rates, conversion rates, ROI, and customer acquisition costs gives brands some insight on how their marketing campaigns went and what could be improved. Budget Allocation and ROI Effective budget allocation is critical to any business, especially in digital marketing.

Marketing 111

Marketing Analytics ROI Data-driven 111

Smart Data Collective

JUNE 30, 2022

Instagram has a sophisticated data analytics platform that makes it easier for advertisers to optimize their strategies for the highest possible ROI. You can use this information to optimize future Stories for the highest possible ROI. Big Data is Essential for Optimizing Instagram Stories Strategies.

Data-driven 115

Data-driven Marketing Strategy Big Data 115

CIO Business Intelligence

OCTOBER 30, 2024

So we’re turning them into smart plants, self-optimized and autonomous. What approach are you taking to ensure ROI on these investments? Some are large, spread over more than two square miles, and they run on manual processes that require significant time on data entry and data collection across several non-integrated systems.

Digital Transformation 118

Digital Transformation Manufacturing IT Data Lake 118

Smart Data Collective

MAY 28, 2022

Fortunately, companies can use big data to optimize their business models. This is a stunning ROI. One of the most important ways for brands to improve their profitability with data analytics is through conversion rate optimization. You can procure data from analytics tools to optimize your landing pages to maximize conversions.

Data Analytics 113

Data Analytics Analytics Data mining ROI 113

datapine

APRIL 22, 2020

A digital dashboard is an electronic tracking tool used to build an interactive, visual representation of data from a host of sources including databases, CRM- and ERP data or other web services to monitor important business metrics and overall company’s performance. Communicate with stakeholders.

Dashboards 189

Dashboards Key Performance Indicator Visualization Sales 189

datapine

NOVEMBER 13, 2019

With so many areas to consider, deciding which KPIs to focus on while defining metric measurement periods can prove to be a challenge at the initial stages. Procurement reports provide a wealth of opportunity to improve your ROI based on your various procurement actions and activities. c) Increase the efficiency of crucial KPIs.

Reporting 158

Reporting KPI Cost-Benefit Metrics 158

CIO Business Intelligence

OCTOBER 7, 2022

Every organization pursuing digital transformation needs to optimize IT from edge to cloud to move faster and speed time to innovation. And how do we demonstrate ROI in order to proceed? Optimize workloads across public and private clouds. But the devil’s in the details. Where should we modernize — on-premises or in the cloud?

Data-driven 98

Data-driven IT Digital Transformation ROI 98

IBM Big Data Hub

MAY 17, 2024

Organizations face increased pressure to move to the cloud in a world of real-time metrics, microservices and APIs, all of which benefit from the flexibility and scalability of cloud computing. Optimized: Cloud environments are now working efficiently and every new use case follows the same foundation set forth by the organdization.

Modeling 96

Modeling Cost-Benefit Optimization Digital Transformation 96