CIO Business Intelligence

OCTOBER 23, 2024

Despite AI’s potential to transform businesses, many senior technology leaders find themselves wrestling with unpredictable expenses, uneven productivity gains, and growing risks as AI adoption scales, Gartner said. This creates new risks around data privacy, security, and consistency, making it harder for CIOs to maintain control.

Enterprise 141

Enterprise Cost-Benefit Broadcasting Risk 141

CIO Business Intelligence

NOVEMBER 18, 2024

To fully leverage AI and analytics for achieving key business objectives and maximizing return on investment (ROI), modern data management is essential. It’s impossible,” says Shadi Shahin, Vice President of Product Strategy at SAS. Trying to clean the data and make it perfect is not going to work.

Data-driven 111

Data-driven Machine Learning ROI Uncertainty 111

CIO Business Intelligence

DECEMBER 2, 2024

Business risk (liabilities): “Our legacy systems increase our cybersecurity exposure by 40%.” Suboptimal integration strategies are partly to blame, and on top of this, companies often don’t have security architecture that can handle both people and AI agents working on IT systems.

ROI 136

ROI Cost-Benefit Metrics Strategy 136

CIO Business Intelligence

JANUARY 7, 2025

Regardless of the driver of transformation, your companys culture, leadership, and operating practices must continuously improve to meet the demands of a globally competitive, faster-paced, and technology-enabled world with increasing security and other operational risks.

Digital Transformation 143

Digital Transformation Experimentation Cost-Benefit Strategy 143

CIO Business Intelligence

NOVEMBER 11, 2024

While the ROI of any given AI project remains uncertain , one thing is becoming clear: CIOs will be spending a whole lot more on the technology in the years ahead. Research firm IDC projects worldwide spending on technology to support AI strategies will reach $337 billion in 2025 — and more than double to $749 billion by 2028.

ROI 137

ROI Cost-Benefit Risk Experimentation 137

datapine

FEBRUARY 22, 2022

1) What Is A Business Intelligence Strategy? 2) BI Strategy Benefits. 4) How To Create A Business Intelligence Strategy. Whether you are starting from scratch, moving past spreadsheets, or looking to migrate to a new platform: you need a business intelligence strategy and roadmap in place. Table of Contents.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Dashboards 218

Smart Data Collective

OCTOBER 1, 2020

The ROI of email marketing can be up to 4,400%. Email list segmentation strategies have their limitations without machine learning. Some examples of segmentation strategies are discussed below. The primary segmentation strategy involves creating separate mailing lists for people looking for specific products.

Machine Learning 145

Machine Learning ROI Marketing Advertising 145

O'Reilly on Data

SEPTEMBER 15, 2020

Customer stakeholders are the people and companies that advertise on the platform, and are most concerned with ROI on their ad spend. Technical competence results in reduced risk and uncertainty. AI initiatives may also require significant considerations for governance, compliance, ethics, cost, and risk.

Advertising 362

Advertising Cost-Benefit ROI Machine Learning 362

CIO Business Intelligence

JANUARY 21, 2025

But alongside its promise of significant rewards also comes significant costs and often unclear ROI. Well also examine strategies CIOs can use to address these challenges, ensuring their organizations can recognize the rewards of GenAI without compromising financial stability. million in 2025 to $7.45

Cost-Benefit 98

Cost-Benefit ROI Measurement Strategy 98

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. Using modern delivery practices, CIOs can optimize cloud operations with greater visibility into risk controls and vulnerabilities to encourage proactivity in addressing risks and defects, with a focus on value instead of capabilities.

ROI 126

ROI IT Risk Strategy 126

CIO Business Intelligence

DECEMBER 17, 2024

Its the year organizations will move their AI initiatives into production and aim to achieve a return on investment (ROI). What are the associated risks and costs, including operational, reputational, and competitive? Track ROI and performance. In 2025, thats going to change. Turn to experts for guidance and support.

Experimentation 98

Experimentation ROI Risk Data Quality 98

Smart Data Collective

AUGUST 31, 2023

We mentioned that many people use data analytics to maximize stock market investing returns , but it is also possible to improve the ROI of high yield investment trusts. These yields are becoming even greater as more investors embrace data-driven investing strategies.

ROI 124

ROI Data Analytics Analytics Risk 124

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. Creating a strategy that promotes your products and services is the first attempt at reaching your target audience. Reduced Risks. Increased Customer Growth. Innovative Products.

ROI 134

ROI Marketing Data Analytics Analytics 134

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. Align projects with business goals.

ROI 132

ROI IT Sales Consulting 132

CIO Business Intelligence

JANUARY 21, 2025

New features in any software often come with risks, bugs and performance issues that take time to work out. FOMO vs. ROI: Know the difference While the shiny new object is being paraded, dont forget that typically with each upgrade, some key capabilities are also phased out. Prioritizing stability and reliability are critical.

Cost-Benefit 97

Cost-Benefit ROI Data-driven Risk 97

CIO Business Intelligence

APRIL 10, 2025

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. IT spending has evolved from an operational necessity to a key component of business strategy, he says.

ROI 96

ROI Optimization Risk Management Forecasting 96

CIO Business Intelligence

NOVEMBER 21, 2024

In many cases, small wins that show quick value may be a better bet than huge, high-risk projects, Miller advises. Some [CIOs] are playing around with technology, and they’re seeing cool things, and it’s not part of a strategy, and then they want to scale it up,” he says. The cost “just compounds exponentially,” he adds. “It

Management 124

Management Interactive ROI Software 124

Smart Data Collective

DECEMBER 13, 2021

E-commerce Companies Are Using Big Data Technology to Improve the Execution of their Marketing Strategies. More e-commerce companies are leveraging analytics and AI to improve their business strategies. Most ecommerce marketing strategies depend on your market, competitors, and your business goals. billion on big data by 2025.

Data-driven 145

Data-driven Marketing Strategy Big Data 145

CIO Business Intelligence

JUNE 9, 2023

Such is the case with a data management strategy. 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 example, smart hospitals employ effective data management strategies.

Strategy 116

Strategy Management Key Performance Indicator Cost-Benefit 116

CIO Business Intelligence

DECEMBER 10, 2024

CIOs have been able to ride the AI hype cycle to bolster investment in their gen AI strategies, but the AI honeymoon may soon be over, as Gartner recently placed gen AI at the peak of inflated expectations , with the trough of disillusionment not far behind. Proving the ROI of AI can be elusive , but rushing to achieve it can prove costly.

Sales 143

Sales Metrics Data-driven Measurement 143

CIO Business Intelligence

JULY 5, 2024

So many vendors, applications, and use cases, and so little time, and it permeates everything from business strategy and processes, to products and services. This is why many enterprises are seeing a lot of energy and excitement around use cases, yet are still struggling to realize ROI.

ROI 124

ROI Experimentation Risk Cost-Benefit 124

O'Reilly on Data

MARCH 25, 2025

The coordination tax: LLM outputs are often evaluated by nontechnical stakeholders (legal, brand, support) not just for functionality, but for tone, appropriateness, and risk. They used some local embeddings and played around with different chunking strategies. Wrong document retrieval : Debug chunking strategy, retrieval method.

Testing 168

Testing Data-driven Software Measurement 168

CIO Business Intelligence

OCTOBER 12, 2023

The following are strategies you can leverage as a team to change this attitude: Leveraging data for impact One key strategy is using data to demonstrate the service desk’s influence on your organization’s bottom line. To illustrate the real-world impact of these strategies, let’s focus on Wodonga TAFE.

Strategy 111

Strategy ROI IT Cost-Benefit 111

CIO Business Intelligence

JANUARY 24, 2024

Our analytics capabilities identify potentially unsafe conditions so we can manage projects more safely and mitigate risks.” Elevating IT To modernize Gilbane’s architecture, Higgins-Carter and her peers had to elevate innovation and technology as a core strategy for the company. So they’ll be patient when it comes to ROI.

Risk Management 118

Risk Management Risk Management Digital Transformation 118

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. The Imperative of Risk Mitigation A crucial element in the world of financial investments is effective hedge fund management.

ROI 97

ROI Data Analytics Analytics Risk Management 97

Smart Data Collective

NOVEMBER 12, 2021

To address newer challenges, security providers have developed new technologies and strategies to combat evolving threats. To get acquainted with the ways security firms are handling the new breed of threats in cyberspace, here’s a rundown of the notable strategies the leading cybersecurity platforms and security firms are offering.

Strategy 143

Strategy Enterprise Testing Cost-Benefit 143

CIO Business Intelligence

JANUARY 7, 2025

To preserve the integrity of their organizations, leaders must evaluate the strategies they use to prioritize investments so that they can optimize spending in preferred technology areas to reach their business goals. ROI quickly becomes DOA. Question #2: How will we make sure that we use AI responsibly?

ROI 52

ROI Business Objectives Technology Optimization 52

Smart Data Collective

NOVEMBER 18, 2021

In the information, there are companies with big data strategies and those that fall behind. However, the success of a big data strategy relies on its implementation. VentureBeat reports that only 13% of companies are delivering on their big data strategies. Longer buying cycles, more risk, and larger transactions.

Data Strategy 138

Data Strategy B2B Strategy Big Data 138

CIO Business Intelligence

JANUARY 30, 2025

CIOs are now reassessing the strategies to transform their organizations with gen AI, but its not exactly time to throw out the work thats already been done. Strategic re-evaluation: With DeepSeek demonstrating that high-performance AI can be achieved with less data and lower costs, CIOs might need to reassess their AI strategies.

Modeling 117

Modeling Data-driven Technology Strategy 117

Smart Data Collective

NOVEMBER 24, 2020

Big data is central to the success of modern marketing strategies. Marketing teams can use data analytics to optimize their scheduling to squeeze a higher ROI from their strategies. Marketing teams can use data analytics to optimize their scheduling to squeeze a higher ROI from their strategies. Set a limit.

Marketing 132

Marketing Optimization Strategy Big Data 132

Cloudera

AUGUST 30, 2022

Data-fuelled innovation requires a pragmatic strategy. The reality is that we cannot take multiple years to realize an ROI as the industry is moving too quickly. Renovating it while realizing incremental ROI — customer or operational benefits — is the pragmatic approach to moving forward. Embrace incremental progress.

Strategy 107

Strategy Data Strategy Cost-Benefit ROI 107

CIO Business Intelligence

NOVEMBER 2, 2023

Rapid advancements in artificial intelligence (AI), particularly generative AI are putting more pressure on analytics and IT leaders to get their houses in order when it comes to data strategy and data management. If you go out and ask a chief data officer, a head of IT, ‘Is your data strategy aligned?’, I need to know my forecast.

Data Strategy 137

Data Strategy Strategy Sales Data Governance 137

Smart Data Collective

MARCH 23, 2023

The ROI of creating their own AI applications can be massive, but they still need to use them cost-effectively. Automations reduce the risk of human error, leading to higher accuracy and reliability. This means you run less of a risk of bugs or other issues, which can easily escape the notice of a human.

Software 142

Software Strategy Cost-Benefit Testing 142

CIO Business Intelligence

AUGUST 22, 2024

That spectrum of budget adjustments is being met by a range of strategies by IT leaders seeking to make the most of their 2025 IT spend. Even with global economic uncertainties, organizations that aren’t investing in AI risk getting left behind, he adds. The promise of AI outweighs concerns about interest rates and global conflict. “We

Strategy 134

Strategy IT Uncertainty Software 134

CIO Business Intelligence

APRIL 18, 2022

Today, Doug Laney, innovation fellow of data and analytics strategy at West Monroe, disputes Humby’s assertion on a technicality: “When you use a drop of oil, you can only use it one way at a time,” Laney says. Data is what economists would call a non-rival risk, non-depleting progenitor of assets,” Laney says.

ROI 116

ROI IT Dashboards Sales 116

O'Reilly on Data

MARCH 31, 2020

This means that the AI products you build align with your existing business plans and strategies (or that your products are driving change in those plans and strategies), that they are delivering value to the business, and that they are delivered on time. AI product estimation strategies.

Management 363

Management Machine Learning Experimentation Metrics 363

CIO Business Intelligence

DECEMBER 15, 2022

Additionally, striving for continuous improvement, we were looking for a solution to take our existing mechanical integrity program and strategies and integrate them with our maintenance and business processes.” About four years ago, IVL expanded the use of risk acceptance at its PNO facility in Texas to establish next-inspection plans.

Risk 98

Risk Digital Transformation Software ROI 98