CIO Business Intelligence

FEBRUARY 13, 2024

IT leaders are drowning in metrics, with many finding themselves up to their KPIs in a seemingly bottomless pool of measurement tools. There are several important metrics that can be used to achieve IT success, says Jonathan Nikols, senior vice president of global enterprise sales for the Americas at Verizon. “To Here they are.

Metrics 140

Metrics IT ROI Measurement 140

CIO Business Intelligence

MAY 22, 2024

Finding the return on investment for AI remains elusive for many organizations, even as they rush to adopt the technology. Other top concerns include a lack of talent and skills among employees and a lack of confidence in AI technologies. I have found very few companies who have found ROI with AI at all thus far,” he adds.

ROI 143

ROI IT Measurement Cost-Benefit 143

CIO Business Intelligence

JANUARY 14, 2025

But CIOs need to get everyone to first articulate what they really want to accomplish and then talk about whether AI (or another technology) is what will get them to that goal. 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?

Strategy 141

Strategy ROI Experimentation Risk 141

datapine

FEBRUARY 3, 2022

2) What Are Metrics? 3) KPIs vs Metrics: Main Differences. 4) Tips For KPI & Metrics Tracking. This is done with the help of KPI and metrics. KPIs and metrics are often considered the same thing in day-to-day business contexts. Let’s quick it off with the definition of metrics and KPIs! What Are Metrics?

Metrics 189

Metrics KPI Key Performance Indicator Sales 189

CIO Business Intelligence

DECEMBER 10, 2024

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

Sales Metrics Data-driven Unstructured Data 143

CIO Business Intelligence

DECEMBER 9, 2024

Augmenting employees, not replacing them Whether its through cutting costs, innovating new products and services or improving the customer experience, building a competitive advantage is at the core of most technology deployments, and AI is no different. Michael Hobbs, founder of the isAI trust and compliance platform, agrees.

Enterprise 116

Enterprise Cost-Benefit ROI Measurement 116

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

Smart Data Collective

FEBRUARY 22, 2022

They are finding new ways to leverage data analytics and AI technology to maximize their ROI. The problem is that some new e-commerce companies don’t know how to use data technology effectively. Keep reading to learn more about the metrics that data-driven online stores are prioritizing.

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Data-driven Metrics Big Data Sales 141

CIO Business Intelligence

JANUARY 21, 2025

But alongside its promise of significant rewards also comes significant costs and often unclear ROI. For CIOs tasked with managing IT budgets while driving technological innovation, balancing these costs against the benefits of GenAI is essential. See also: Gen AI in 2025: Playtime is over, time to get practical. million in 2025 to $7.45

Cost-Benefit 98

Cost-Benefit ROI Measurement Strategy 98

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

CIO Business Intelligence

AUGUST 1, 2024

Nowadays, management wants return on investment (ROI) calculations as part of any AI proposal. But how do you calculate ROI on something completely new and different—or on something as complex as AI, which brings with it lots of issues such as data privacy concerns, regulatory compliance complications, and all-new security risks?

ROI 105

ROI Metrics Measurement Risk 105

Smart Data Collective

JUNE 25, 2021

Marketers need to rely heavily on big data technology to reach customers more effectively. Big data technology isn’t just important for making better insights. In this day and age, all businesses must pay especially close consideration to the performance of their marketing metrics dashboard.

Dashboards 125

Dashboards Metrics Marketing Key Performance Indicator 125

Rocket-Powered Data Science

MARCH 19, 2019

We hear a lot of hype that says organizations should be “ Data – first ”, or “AI- first , or “ Data – driven ”, or “ Technology – driven ”. A better prescription for business success is for our organization to be analytics – driven and thus analytics-first , while being data -informed and technology -empowered.

Analytics 193

Analytics Metrics Data-driven Machine Learning 193

CIO Business Intelligence

APRIL 10, 2025

As a result, many organizations, including the US Army, UPS, and MasterCard, have turned to technology business management (TBM) to better align IT spending with business value. Theres more emerging technology coming in. IT is getting more complex than ever.

ROI 96

ROI Optimization Risk Management Forecasting 96

Smart Data Collective

DECEMBER 15, 2021

They make up an aspect of marketing focused on using the internet and cloud-based technology to promote brands. Whether marketers intend to reach new customers or persuade the existing ones, here are ways analytics is boosting returns on investment (ROI): 1. Digital marketers work online and leverage online tools to drive sales.

ROI 134

ROI Marketing Data Analytics Analytics 134

CIO Business Intelligence

DECEMBER 18, 2024

Instead, we own the mode of connection between OEMs, technology brands, vendors, and hundreds of thousands of resellers. With these unique capabilities, the platform is fast becoming what facilitates the technology ecosystem. We focused on extracting data from the ERPs through our data mesh using our own custom-developed technologies.

Digital Transformation 116

Digital Transformation Metrics Measurement ROI 116

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

Smart Data Collective

MARCH 17, 2020

Email technology has evolved considerably over the years. New big data developments are making it easier for companies to get the highest ROI from their marketing budgets. They need to stop sending cold emails until they have good metrics. In addition, there are four important metrics in particular that you need to be using.

Metrics 109

Metrics Marketing Data Analytics Analytics 109

O'Reilly on Data

MARCH 31, 2020

But you still need to answer the question: how do you tell the difference between technology you can productize now, and that which will be viable in an uncertain time frame? Even with good training data and a clear objective metric, it can be difficult to reach accuracy levels sufficient to satisfy end users or upper management.

Management 363

Management Machine Learning Experimentation Metrics 363

CIO Business Intelligence

MAY 9, 2022

Enterprise transformation demands technology to work and people to adopt it. If people within the organization are given the right tools and are enabled and empowered to use them, they can achieve the desired intent of technology transformations. Stakeholders must be in initial conversations about technology transformation.

Technology 97

Technology ROI Metrics Digital Transformation 97

CIO Business Intelligence

DECEMBER 18, 2024

Resilience frameworks have measurable ROI, but they require a holistic, platform-based approach to curtail threats and guide the safe use of AI, he adds. Key strategies for resilience A handful of emerging approaches and technologies are helping CIOs deliver better risk mitigation and resilience measures.

Risk 105

Risk Risk Management Cost-Benefit Measurement 105

CIO Business Intelligence

NOVEMBER 27, 2024

If it costs more to detect and remove incorrect phone numbers in your dataset than it costs to make that number of wasted calls or send that many undeliverable text messages, then there’s no ROI in fixing the numbers in advance. “A In the generative AI world, the notion of accuracy is much more nebulous.”

Enterprise 141

Enterprise Data Quality Structured Data Modeling 141

CIO Business Intelligence

NOVEMBER 13, 2024

Managers tend to incentivize activity metrics and measure inputs versus outputs,” she adds. These technologies can produce more content that everyone needs to consume and be aware of,” says Anita Woolley, professor at Carnegie Mellon University. But adopting the technology is helping the company move forward, she says.

IT 141

IT Consulting ROI Cost-Benefit 141

CIO Business Intelligence

NOVEMBER 19, 2024

From obscurity to ubiquity, the rise of large language models (LLMs) is a testament to rapid technological advancement. The analyst firm Forrester named AI agents as one of its top 10 emerging technologies this year and that it will deliver benefits in the next two to five years. Why has agentic AI become the latest rage?

Testing 135

Testing Cost-Benefit Interactive ROI 135

CIO Business Intelligence

MARCH 19, 2025

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

IT Data Governance Data-driven Metrics 59

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

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 100

Metrics Dashboards Metadata Visualization 100

DataKitchen

JUNE 24, 2021

One of the keys for our success was really focusing that effort on what our key business initiatives were and what sorts of metrics mattered most to our customers. Chapin also mentioned that measuring cycle time and benchmarking metrics upfront was absolutely critical. “It DataOps Maximizes Your ROI. Design for measurability.

Metrics 211

Metrics ROI Measurement Cost-Benefit 211

datapine

JANUARY 31, 2022

For example, in regards to marketing, traditional advertising methods of spending large amounts of money on TV, radio, and print ads without measuring ROI aren’t working like they used to. Ultimately, business intelligence and analytics are about much more than the technology used to gather and analyze data.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

Jet Global

MAY 15, 2020

A financial Key Performance Indicator (KPI) or metric is a quantifiable measure that a company uses to gauge its financial performance over time. These three statements are data rich and full of financial metrics. The Fundamental Finance KPIs and Metrics – Cash Flow. What is a Financial KPI? Current Ratio. View Guide Now.

Metrics 98

Metrics Finance Reporting KPI 98

CIO Business Intelligence

AUGUST 15, 2024

Determining the ROI for “ubiquitous” gen AI uses, such as virtual assistants or intelligent chatbots , can be difficult, says Frances Karamouzis, an analyst in the Gartner AI, hyper-automation, and intelligent automation group. Gen AI projects can cost millions of dollars to implement and incur huge ongoing costs, Gartner notes.

ROI 143

ROI Cost-Benefit Experimentation Deep Learning 143

datapine

DECEMBER 11, 2019

Before we explore our essential software as a service trends for 2020, it’s important to consider what defines SaaS as not only a technological development, but as a working business model. Artificial Intelligence (AI) technologies are becoming more widespread; it’s becoming a game-changer worth $15.7 Migration to PaaS.

Software 314

Software Cost-Benefit Data-driven Data Processing 314

datapine

FEBRUARY 4, 2020

Structure your metrics. As with any report you might need to create, structuring and implementing metrics that will tell an interesting and educational data-story is crucial in our digital age. That way you can choose the best possible metrics for your case. Regularly monitor your data. 1) Marketing CMO report.

Reporting 280

Reporting Marketing Advertising Metrics 280

CIO Business Intelligence

SEPTEMBER 23, 2024

Thought leadership can generate tangible ROI In professional services and the technology industry, it’s well known that thought leadership can help brands command a higher premium in the market. Show how the organization is innovating products and services , and metrics like refresh rates that are less than three years old.

ROI 121

ROI Scorecard Metrics Cost-Benefit 121

CIO Business Intelligence

JULY 5, 2024

As a disruptive technology, it’s being felt in terms of both its magnitude and frequency of change. One of the unusual challenges with gen AI as a technology, however, is it’s currently in mainstream adoption yet still at the peak of the hype cycle. In this regard, gen AI is no different from other technologies.

ROI 124

ROI Experimentation Risk Cost-Benefit 124

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 Dashboards 158

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.

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Measurement Digital Transformation KPI Metrics 141