Remove Metrics Remove Risk Management Remove ROI
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10 AI strategy questions every CIO must answer

CIO Business Intelligence

So the organization as a whole has to have a clear way of measuring ROI, creating KPIs and OKRs or whatever framework theyre using. What ROI will AI deliver? Manry is mindful that some AI deployments will deliver modest ROIs and others will deliver significant returns. Am I engaging with the business to answer questions?

Strategy 141
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5 tips for better business value from gen AI

CIO Business Intelligence

Proving the ROI of AI can be elusive , but rushing to achieve it can prove costly. Specify metrics that align with key business objectives Every department has operating metrics that are key to increasing revenue, improving customer satisfaction, and delivering other strategic objectives.

Sales 143
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How resilient CIOs future-proof to mitigate risks

CIO Business Intelligence

This year saw emerging risks posed by AI , disastrous outages like the CrowdStrike incident , and surmounting software supply chain frailties , as well as the risk of cyberattacks and quantum computing breaking todays most advanced encryption algorithms. Of these, AI is at the top of many CIOs minds.

Risk 105
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TBM helps CIOs translate tech spending to business outcomes

CIO Business Intelligence

AI pressures The rapid adoption of AI over the past two years has demonstrated a need for IT spending to be better connected to business results, Guarini says, as CIOs are under pressure to deliver ROI from AI projects. Energy use has become an important expense to monitor as well, along with more traditional IT costs and risk management.

ROI 100
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4 steps to improving your ESG risk management to increase financial performance

IBM Big Data Hub

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. However, 57% of CEOs admit that defining and measuring the Return on Investment (ROI) and economic benefits of their sustainability efforts remain a significant challenge.

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CDOs: Your AI is smart, but your ESG is dumb. Here’s how to fix it

CIO Business Intelligence

Developers, data architects and data engineers can initiate change at the grassroots level from integrating sustainability metrics into data models to ensuring ESG data integrity and fostering collaboration with sustainability teams. However, embedding ESG into an enterprise data strategy doesnt have to start as a C-suite directive.

IT 59
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Selling the C-suite on preemptive IT investments

CIO Business Intelligence

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. When this happens, corporate risk is heightened as preemptive projects get delayed — sometimes for indefinite periods of time.

ROI 122