datapine

FEBRUARY 22, 2022

But the rewards outperform by far its costs, and it is well known that business intelligence ROI is real even if it is sometimes hard to quantify. Improved risk management: Another great benefit from implementing a strategy for BI is risk management. Benefits Of Implementing a BI Strategy. Pursue a phased approach.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Dashboards 218

CIO Business Intelligence

SEPTEMBER 30, 2024

CIO.com / Foundry They also cited AI/ML capabilities in specific areas — such as risk management, fraud detection, smart manufacturing, predictive maintenance, quality control, and personalized employee engagement — as fueling transformation. Everyone is looking at AI to optimize and gain efficiencies, for sure.

Machine Learning 141

Machine Learning ROI Data Processing Optimization 141

CIO Business Intelligence

MAY 9, 2024

At a high level, a CAIO will need to understand the business well enough to identify where AI can make an impact, whether through new value streams or optimization, Daly says. Equally important, a CAIO should have knowledge of risk management principles and regulatory compliance requirements related to AI.

Risk Management 138

Risk Management Cost-Benefit Risk Technology 138

Smart Data Collective

DECEMBER 17, 2021

Cloud providers usually provide the most advanced technologies, such as disk-based backup, compression, encryption, server virtualization, storage virtualization, application optimization, data protection, etc. In professional terms, it is called TCO and ROI, the overall investment cost and return on investment. Reduce recovery time.

Cost-Benefit 126

Cost-Benefit Big Data Measurement ROI 126

CIO Business Intelligence

DECEMBER 29, 2023

Also, CIOs are asking what processes other people are using around determining proof of concepts, use cases, and ROI for generative AI,” he says. Information security and risk management are always top priorities for Fleetcor Technologies’ CIO Scott DuFour as well, and 2024 will be no different.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

IBM Big Data Hub

OCTOBER 4, 2022

Today, AI presents an enormous opportunity to turn data into insights and actions, to amplify human capabilities, decrease risk and increase ROI by achieving break through innovations. Manual processes that introduce risk and make it hard to scale. Platforms and practices not optimized for AI. It is an imperative.

Metadata 97

Metadata Risk Management Risk Experimentation 97

John Wheeler

OCTOBER 21, 2019

A common theme is the need for greater risk quantification beyond the realm of traditional, qualitative governance, risk and compliance (GRC) approaches. Digital Risk Management – Gartner. However, in the pursuit of techquilibrium, organizations must take their risk analysis a step further to the strategic view.

Risk 53

Risk Risk Management Digital Transformation Insurance 53

CIO Business Intelligence

MAY 11, 2022

Chief Audit Executive (CAE) – To optimize risk management, the CAE and the BCM function should work in unison to leverage technology for assessing and mitigating risk. BCM, enterprise risk management and internal audit must work together and apply uniform principles to their respective areas of responsibility.

Management 98

Management Insurance Testing Finance 98

CIO Business Intelligence

MARCH 21, 2022

Now, fresh off a pandemic-fueled cycle of accelerated innovation, Holcombe is channeling his vaunted sales skills to drive an upcoming IT agenda centered on foundational areas like optimization, security, and enterprise resiliency. Jamie Holcombe U.S. Source: State of the CIO, 2022. Credit: CIO.

IT 131

IT Digital Transformation Consulting Manufacturing 131

Cloudera

NOVEMBER 25, 2021

We have a joint vision to support acceleration, cost optimisation, and optimal experiences for cloud adoption to businesses across every industry. . Protect: security needs including risk management, fraud detection and cybersecurity initiatives through risk modelling and analysis, regulatory compliance, and financial crime prevention. .

Machine Learning 90

Machine Learning IoT Risk Business Objectives 90

IBM Big Data Hub

MAY 9, 2023

Today, AI presents an enormous opportunity to turn data into insights and actions, to help amplify human capabilities, decrease risk and increase ROI by achieving break through innovations. While the promise of AI isn’t guaranteed and may not come easy, adoption is no longer a choice. It is an imperative.

Metadata 71

Metadata Risk Experimentation Dashboards 71

Sisense

SEPTEMBER 3, 2020

ROI (return on investment) is also a key concern, as business analysts apply their data-related activities to finance, marketing, and risk management, for instance. This includes database modeling, metrics definition, dashboard design , and creating and publishing executive reports. See an example: Explore Dashboard.

Statistics 97

Statistics Metrics Visualization Finance 97

Octopai

FEBRUARY 21, 2022

But since lucky stars are generally frowned upon as a risk management strategy, we highly recommend you plan out your cloud migration process. An important stage of this local-level planning is constructing a map of your current data environment and data flow – and then optimizing it. 1) Plan it out. Resist the temptation.

Recreation/Entertainment 98

Recreation/Entertainment Cost-Benefit ROI Reporting 98

IBM Big Data Hub

MARCH 26, 2024

Businesses cannot prove there is no forced labor in their supply chain without working with procurement—to understand their supplier base, where they are located, and what might be high risk—let alone solution to embed proactive risk management in vendor onboarding.

Measurement 60

Measurement Metrics Strategy Reporting 60

IBM Big Data Hub

AUGUST 28, 2023

Insights and decision-making The final step of the text-mining workflow is transforming the derived insights into actionable strategies that will help your business optimize social media data and usage. A targeted approach will optimize the user experience and enhance an organization’s ROI.

Data mining 53

Data mining Machine Learning Deep Learning Marketing 53

Andrew White

JANUARY 11, 2021

Value Management or monetization. Risk Management (most likely within context of governance). Product Management. For a time, I believed simulation was more useful a capability than optimization, at the time that larger firms were seeking optimization solutions. Data management. Governance.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

CIO Business Intelligence

AUGUST 7, 2024

It also takes advantage of cooler nighttime temperatures, utilizing ambient air cooling for 75% to 80% of the year; it uses a hybrid system that combines ambient air with the water-free cooling technology to optimize efficiency for the remaining 20% to 25% of the year. So, from a software development perspective, the ROI is huge.

IT 119

IT Insurance Cost-Benefit Testing 119

Corinium

APRIL 25, 2019

All assets need to be optimally leveraged for maximum business value while also being protected from misuse, whether there was malicious intent or not, and this needs to be the responsibility of whomever is responsible for that asset in the company. What do you recommend to organizations to harness this but also show a solid ROI?

Insurance 150

Insurance Risk IoT Data-driven 150

CIO Business Intelligence

MARCH 13, 2024

Respondents said AI was already showing value when it comes to writing and optimizing code, analyzing security, helping them learn new skills, identify bugs, write tests, create documentation, and more. Artificial Intelligence, CIO, Generative AI, IT Leadership, ROI and Metrics, Software Development

IT 128

IT Consulting Testing Cost-Benefit 128

Domino Data Lab

FEBRUARY 4, 2019

Eric’s article describes an approach to process for data science teams in a stark contrast to the risk management practices of Agile process, such as timeboxing. The ability to measure results (risk-reducing evidence). Given the two points above, that’s okay—there are good ways to direct data exploration toward ROI.

Data Science 66

Data Science Experimentation Machine Learning Data-driven 66

Jet Global

JANUARY 14, 2025

Measurable ROI Finance teams are set to transform their financial reporting strategies this year, driven by a challenging economic climate. This shift underlines the escalating need for finance teams to optimize the use of existing assets and investments to maximize returns.

Finance 52

Finance Reporting Cost-Benefit Software 52

CIO Business Intelligence

JANUARY 22, 2025

Deloitte found almost all organizations had measurable ROI for their gen AI efforts over the course of the year, with 20% of respondents generating an ROI of 31% or more. Agentic AI also exploded onto the scene in the latter part of the year.

ROI 134

ROI Reporting Enterprise Risk Management 134

CIO Business Intelligence

APRIL 7, 2025

Prioritize scalable cloud infrastructure to support AI workloads while optimizing costs. Focus on high-impact AI use cases aligned with business goals, ensuring measurable ROI. Implement strong governance frameworks to manage risks, compliance, and ethical AI practices. Myth: AI Delivers Immediate ROI.

ROI 66

ROI Cost-Benefit Risk Enterprise 66

CIO Business Intelligence

NOVEMBER 21, 2024

Governance and risk management in technology initiatives While agile methodologies promote flexibility, governance and risk management are critical for ensuring that technology initiatives remain aligned with business priorities. Risk management is equally vital, particularly as organizations adopt modern technologies.

Strategy 122

Strategy IT Business Objectives Cost-Benefit 122

CIO Business Intelligence

APRIL 22, 2025

The IQ paradigm: Transactional efficiency The IQ paradigm is driven by skilled leaders who excel at optimizing the present ensuring operational efficiency, streamlining processes and maintaining the status quo. Their strength lies in managing the known and responding to immediate organizational needs.

Technology 106

Technology Uncertainty Experimentation Risk Management 106

CIO Business Intelligence

MAY 13, 2025

Their roles have expanded to accommodate new challenges, with risk management, securing AI-enabled technology and emerging technologies being added to their plate. Especially in the SIEM space, many CISOs do not want to compromise their security posture, yet at the same time, maximize their budgets and its ROI, he adds.

ROI 52

ROI Risk Data-driven Risk Management 52

CIO Business Intelligence

JANUARY 16, 2025

AI today is best at optimizing and automating, not reasoning. Innovating and implementing autonomously requires higher-level reasoning capabilities like AGI, which still is developing and not enterprise-ready, he says. This tamps down the expectations and anxieties of AI use in the enterprise today.

Cost-Benefit 124

Cost-Benefit Enterprise Technology ROI 124