CIO Business Intelligence

SEPTEMBER 5, 2024

Yet it’s rare for any business leader not to say they wish they had a better ROI from their cloud spend. As new technologies and delivery models evolve, it’s more important than ever for companies to rely on the expertise of the CIO. Learn how we can help you energize your cloud ROI efforts with leading practices at KPMG Cloud.

ROI 126

ROI IT Risk Strategy 126

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

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 141

IT Consulting ROI Cost-Benefit 141

CIO Business Intelligence

NOVEMBER 25, 2024

AI has the potential to transform industries, but without reliable, relevant, and high-quality data, even the most advanced models will fall short. Data quality is about ensuring that what you feed into the model is accurate, consistent, and relevant to the problem you’re trying to solve.

Data Quality 99

Data Quality ROI Interactive Modeling 99

O'Reilly on Data

MARCH 25, 2025

Throughout this article, well explore real-world examples of LLM application development and then consolidate what weve learned into a set of first principlescovering areas like nondeterminism, evaluation approaches, and iteration cyclesthat can guide your work regardless of which models or frameworks you choose. Which multiagent frameworks?

Testing 168

Testing Data-driven Software Measurement 168

CIO Business Intelligence

JANUARY 7, 2025

As IT leaders start thinking about how to incorporate AI into their organizations, theyll likely focus on generative AI and other advanced AI capabilities to cut down on costs, especially when it comes to mundane tasks and resource optimization. ROI quickly becomes DOA. Question #2: How will we make sure that we use AI responsibly?

ROI 52

ROI Business Objectives Technology Optimization 52

CIO Business Intelligence

DECEMBER 11, 2024

To solve the problem, the company turned to gen AI and decided to use both commercial and open source models. With security, many commercial providers use their customers data to train their models, says Ringdahl. Thats one of the catches of proprietary commercial models, he says. Its possible to opt-out, but there are caveats.

Cost-Benefit 115

Cost-Benefit Modeling Marketing Sales 115

CIO Business Intelligence

AUGUST 20, 2024

Enterprises did not rethink their companies or models to thrive in what was quickly becoming a digital-first world. On the other side, my work explored how work, processes, and supporting systems could evolve or be reimagined to transform business and operational models. Automation simply scales business as usual.

Digital Transformation 144

Digital Transformation Modeling ROI Strategy 144

CIO Business Intelligence

JANUARY 30, 2025

Chinese AI startup DeepSeek made a big splash last week when it unveiled an open-source version of its reasoning model, DeepSeek-R1, claiming performance superior to OpenAIs o1 generative pre-trained transformer (GPT). Most language models use a combination of pre-training, supervised fine-tuning, and then some RL to polish things up.

Modeling 117

Modeling Data-driven Technology Strategy 117

O'Reilly on Data

MARCH 31, 2020

Instead of writing code with hard-coded algorithms and rules that always behave in a predictable manner, ML engineers collect a large number of examples of input and output pairs and use them as training data for their models. The model is produced by code, but it isn’t code; it’s an artifact of the code and the training data.

Management 363

Management Machine Learning Experimentation Metrics 363

Smart Data Collective

JULY 16, 2023

According to a report by Dataversity , a growing number of hedge funds are utilizing data analytics to optimize their rick profiles and increase their ROI. Among these tools, quantitative models have emerged as one of the most effective solutions. Keep reading to learn how this is changing the industry.

ROI 97

ROI Data Analytics Analytics Risk Management 97

CIO Business Intelligence

DECEMBER 18, 2024

Our history is rooted in a traditional distribution model of marketing, selling, and shipping vendor products to our resellers. What were the technical considerations moving from a distribution model to a platform? This is crucial in a value-driven development model. Its not just about cost optimization or uptime.

Digital Transformation 116

Digital Transformation Metrics Measurement ROI 116

CIO Business Intelligence

NOVEMBER 19, 2024

From obscurity to ubiquity, the rise of large language models (LLMs) is a testament to rapid technological advancement. Just a few short years ago, models like GPT-1 (2018) and GPT-2 (2019) barely registered a blip on anyone’s tech radar. We paused the activities and got to work modeling the costs.

Testing 135

Testing Cost-Benefit Interactive ROI 135

Rocket-Powered Data Science

FEBRUARY 12, 2021

One can automate a very complicated and time-consuming process, even for a one-time bespoke application – the ROI must be worth it, to justify doing this only once. IA incorporates feedback, learning, improvement, and optimization in the automation loop. The average ROI from RPA/IA deployments is 250%.

ROI 234

ROI Digital Transformation Reporting Machine Learning 234

Occam's Razor

AUGUST 13, 2012

Yehoshua I've covered this topic in detail in this blog post: Multi-Channel Attribution: Definitions, Models and a Reality Check. I explain three different models (Online to Store, Across Multiple Devices, Across Digital Channels) and for each I've highlighted: 1. What's possible to measure. That is the solution.

Modeling 125

Modeling Metrics Data Quality Data-driven 125

Occam's Razor

FEBRUARY 25, 2013

But we've never stopped to consider this question: What is the return on investment (ROI) of digital analytics? Let's calculate the ROI of digital analytics. In part two, we are going to build on the formula and create a model (ok, spreadsheet :)) that you can use to compute ROA for your own company. So, what is ROI?

Analytics 143

Analytics ROI Marketing Modeling 143

CIO Business Intelligence

AUGUST 4, 2022

That’s typically due to the exponential growth in dataset size and complexity of AI models. “In In an early phase, you might submit a job to the cloud where a training run would execute and the AI model would converge quickly,” says Tony Paikeday, senior director of AI systems at NVIDIA.

Modeling 97

Modeling Cost-Benefit ROI Data Lake 97

Smart Data Collective

JANUARY 27, 2022

More businesses than ever are transitioning to data-driven business models. They have heard that big data can be useful, so they invest in it without much consideration for their ROI. The post Optimizing Your IT Budget While Running a Data-Centric Company appeared first on SmartData Collective. What are you waiting for?

Optimization 124

Optimization IT Big Data Cost-Benefit 124

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. Consumers have grown more and more immune to ads that aren’t targeted directly at them. Let’s see it with a real-world example.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

CIO Business Intelligence

NOVEMBER 18, 2022

To optimize cloud investments, C-level executives are increasingly adopting cloud financial operations (FinOps). In this article, I’ll explore common cloud optimization and FinOps challenges and strategies for overcoming them. Then they must choose a financial model, whether an even split, fixed, or proportional model.

Optimization 91

Optimization KPI Key Performance Indicator Cost-Benefit 91

datapine

DECEMBER 11, 2019

SaaS is a software distribution model that offers a lot of agility and cost-effectiveness for companies, which is why it’s such a reliable option for numerous business models and industries. AI optimizes business processes, increasing productivity and efficiency while automating repetitive tasks and supporting human capabilities.

Software 314

Software Cost-Benefit Data-driven Data Processing 314

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

IBM Big Data Hub

MAY 17, 2024

Cloud maturity models are a useful tool for addressing these concerns, grounding organizational cloud strategy and proceeding confidently in cloud adoption with a plan. Cloud maturity models (or CMMs) are frameworks for evaluating an organization’s cloud adoption readiness on both a macro and individual service level.

Modeling 96

Modeling Cost-Benefit Optimization Digital Transformation 96

CIO Business Intelligence

SEPTEMBER 12, 2024

By thinking strategically, businesses can identify the data that might be harnessed to optimize operations, reduce costs, and support new business opportunities as well as making it widely accessible. This way, it’s open to analysis by genAI models and use by AI assistants.

ROI 110

ROI Cost-Benefit Unstructured Data Metadata 110

datapine

SEPTEMBER 29, 2022

More generally, low-quality data can impact productivity, bottom line, and overall ROI. No, its ultimate goal is to increase return on investment (ROI) for those business segments that depend upon data. Industry-wide, the positive ROI on quality data is well understood. 2 – Data profiling. by rule, by date, by source, etc.).

Data Quality 241

Data Quality Metrics Data-driven Management 241

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

CIO Business Intelligence

MAY 23, 2022

Many companies whose AI model training infrastructure is not proximal to their data lake incur steeper costs as the data sets grow larger and AI models become more complex. The cloud is great for experimentation when data sets are smaller and model complexity is light. Potential headaches of DIY on-prem infrastructure.

Experimentation 137

Experimentation Cost-Benefit Data Lake Data Science 137

Smart Data Collective

AUGUST 21, 2023

NASM’s certification programs cover a wide spectrum, including: Certified Personal Trainer (CPT) Corrective Exercise Specialist (CES) Performance Enhancement Specialist (PES) Nutrition Coach (NC) NASM’s curriculum revolves around an evidence-based training approach, aligning with the Optimal Performance Training™ (OPT) model.

ROI 98

ROI Data Analytics Analytics Big Data 98

erwin

AUGUST 31, 2023

Q: Is data modeling cool again? Amidst the evolving technological landscape, one constant remains despite the ongoing attacks from nay-sayers: the importance of data modeling as a foundational step in the delivery of data to these forward-thinking organizations. A: It always was and is getting cooler!!

Data-driven 98

Data-driven Modeling Enterprise Structured Data 98

Smart Data Collective

AUGUST 25, 2020

Some of the benefits are detailed below: Optimizing metadata for greater reach and branding benefits. There are a number of variables that affect the ROI of digital marketing creatives. Hadoop tools can find data on more variables that helps optimize engagement much better. One of the most overlooked factors is metadata.

Data mining 137

Data mining Metadata Big Data ROI 137

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

CIO Business Intelligence

JANUARY 3, 2024

These objections often include, “But we’ve always done it this way” (resistance to change), “It works just fine as is” (accepting the status quo which may be a sub-optimal solution), “Let’s wait until post-build” (pushing things off until later), “Let’s start with the metaverse” (being distracted by shiny objects), and more.

Cost-Benefit 136

Cost-Benefit ROI Manufacturing Optimization 136

IBM Big Data Hub

OCTOBER 1, 2019

IBM Watson Studio Premium for Cloud Pak for Data includes IBM Decision Optimization, SPSS Modeler and more. Read why you need this for your data. .

ROI 84

ROI Optimization Modeling 84

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

Smart Data Collective

OCTOBER 13, 2021

Over time, it is true that artificial intelligence and deep learning models will be help process these massive amounts of data (in fact, this is already being done in some fields). How is Data Virtualization performance optimized? What is the cost and ROI of Data Virtualization? In improving operational processes.

Visualization 145

Visualization Cost-Benefit Big Data Prescriptive Analytics 145

IBM Big Data Hub

MAY 1, 2023

However, regardless of your cloud cost optimization strategy, achieving operational excellence at scale and taking advantage of the elasticity of the cloud requires software that optimizes your consumption simultaneously for performance and cost—and makes it easy for you to automate it, safely and confidently.

Optimization 79

Optimization ROI Dashboards Consulting 79

CIO Business Intelligence

AUGUST 16, 2022

Elaborating on some points from my previous post on building innovation ecosystems, here’s a look at how digital twins , which serve as a bridge between the physical and digital domains, rely on historical and real-time data, as well as machine learning models, to provide a virtual representation of physical objects, processes, and systems.

Visualization 145

Visualization Cost-Benefit IoT Digital Transformation 145