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

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. Learn how we can help you energize your cloud ROI efforts with leading practices at KPMG Cloud. Whatever the technology, chief information officers (CIOs) and other IT leaders have always been focused on delivering value.

ROI 126

ROI IT Risk Strategy 126

CIO Business Intelligence

OCTOBER 4, 2024

Muchas organizaciones han luchado por encontrar el retorno de la inversión (ROI) después de lanzar proyectos de inteligencia artificial (IA) , pero existe el peligro de exigir demasiado, demasiado pronto, según la firma de investigación y asesoramiento de TI Forrester. Pero se está produciendo un reinicio de la IA.

ROI 23

ROI KPI Software Strategy 23

Corinium

FEBRUARY 13, 2020

Corinium’s 2020 Chief Data & Analytics Officers UK conference revealed how CDAOs, data teams and organisations are evolving to scale data capabilities and drive ROI more efficiently.

ROI 300

ROI Data-driven Analytics 300

Analytics Vidhya

SEPTEMBER 10, 2021

Image Segmentation helps to obtain the region of interest (ROI) from the image. This article was published as a part of the Data Science Blogathon What is Image Segmentation? It is the process of separating an image into different areas. The parts into which the image is divided are called Image Objects. It is done based […].

ROI 287

ROI Data Science Publishing Analytics 287

David Menninger's Analyst Perspectives

OCTOBER 6, 2023

Using this methodology, we evaluated vendor submissions in seven categories: five relevant to the product experience ﹘ Adaptability, Capability, Manageability, Reliability and Usability ﹘ and two related to the customer experience ﹘ TCO/ROI and vendor Validation.

Analytics 285

Analytics ROI Marketing Management 285

David Menninger's Analyst Perspectives

OCTOBER 11, 2023

Using this methodology, we evaluated vendor submissions in seven categories: five relevant to the product experience ﹘ Adaptability, Capability, Manageability, Reliability and Usability ﹘ and two related to the customer experience ﹘ TCO/ROI and vendor Validation.

Analytics 278

Analytics ROI Marketing Management 278

David Menninger's Analyst Perspectives

OCTOBER 13, 2023

Using this methodology, we evaluated vendor submissions in seven categories: five relevant to the product experience ﹘ Adaptability, Capability, Manageability, Reliability and Usability ﹘ and two related to the customer experience ﹘ TCO/ROI and vendor Validation.

Analytics 276

Analytics ROI Marketing Management 276

CIO Business Intelligence

NOVEMBER 12, 2024

By Bryan Kirschner, Vice President, Strategy at DataStax From the Wall Street Journal to the World Economic Forum , it seems like everyone is talking about the urgency of demonstrating ROI from generative AI (genAI). GenAI itself can report week-on-week progress, putting it to work across your organization–including the ROI.

ROI 72

ROI Uncertainty Metrics Testing 72

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. They don’t automatically generate revenue and growth, maximize ROI, or keep users engaged and loyal. automated retirement portfolio rebalancing and maximized ROI).

Advertising 299

Advertising Cost-Benefit ROI Machine Learning 299

Corinium

JANUARY 24, 2020

Ahead of his presentation at CDAO UK, we spoke with Alteryx CDAO Alan Jacobson about driving ROI with data, putting the ‘transformation’ into digital transformation and why there’s never been a more exciting time to be a data scientist. What would you say have been the greatest changes in the UK’s data and analytics space in recent years?

Digital Transformation 243

Digital Transformation ROI Analytics IT 243

Corinium

MARCH 31, 2020

Applying AI models at scale is one of the most cost-effective ways to drive ROI with the technology. Aligning projects with business goals and expanding them in a structured way is vital when delivering AI-at-scale.

ROI 221

ROI Modeling Technology Machine Learning 221

David Menninger's Analyst Perspectives

APRIL 1, 2021

TCO/ROI and vendor validation. Using this methodology, we evaluated vendor submissions in seven categories: five relevant to the product experience ? adaptability, capability, manageability, reliability and usability ? and two related to the customer experience ?

Analytics 241

Analytics ROI Business Intelligence Marketing 241

Corinium

MARCH 23, 2020

Scaling AI capabilities across an entire organization is the best way to unleash the technology’s true potential to drive ROI. AI will add more than $13 trillion to the global economy over the next decade according to Harvard Business Review. Yet, the majority of organizations struggle to get the most out of their AI initiatives.

Enterprise 221

Enterprise ROI Machine Learning 221

CIO Business Intelligence

NOVEMBER 14, 2024

Migration to the cloud, data valorization, and development of e-commerce are areas where rubber sole manufacturer Vibram has transformed its business as it opens up to new markets. It’s a change fundamentally based on digital capabilities.

ROI 119

ROI B2B Business Objectives Digital Transformation 119

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. The average ROI from RPA/IA deployments is 250%. Robotic Process Automation is for “more than once” automation.

ROI 234

ROI Digital Transformation Reporting Machine Learning 234

Corinium

APRIL 7, 2021

In addition, data virtualization enables companies to access data in real time while optimizing costs and ROI. This brief explains how data virtualization, an advanced data integration and data management approach, enables unprecedented control over security and governance.

Unstructured Data 195

Unstructured Data Management ROI Data Integration 195

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. Data Quality Management Best Practices.

Data Quality 241

Data Quality Metrics Data-driven Management 241

CIO Business Intelligence

JULY 5, 2024

This is why many enterprises are seeing a lot of energy and excitement around use cases, yet are still struggling to realize ROI. So, to maximize the ROI of gen AI efforts and investments, it’s important to move from ad-hoc experimentation to a more purposeful strategy and systematic approach to implementation.

ROI 124

ROI Experimentation Risk Cost-Benefit 124

CIO Business Intelligence

JANUARY 3, 2024

Organizations considering value stream management (VSM) must look at several deciding factors, not the least of which is the potential return on investment (ROI). In fact, VSM has been shown to deliver significant organizational benefits and quantifiable, financial ROI. Increased visibility to reduce waste.

Management 133

Management ROI Cost-Benefit Data-driven 133

CIO Business Intelligence

SEPTEMBER 12, 2024

While some enterprises are already reporting AI-driven growth, the complexities of data strategy are proving a big stumbling block for many other businesses.

ROI 110

ROI Cost-Benefit Unstructured Data Metadata 110

David Menninger's Analyst Perspectives

OCTOBER 17, 2023

Using this methodology, we evaluated vendor submissions in seven categories: five relevant to the product experience ﹘ Adaptability, Capability, Manageability, Reliability and Usability ﹘ and two related to the customer experience ﹘ TCO/ROI and vendor Validation.

Analytics 173

Analytics ROI Marketing Management 173

CIO Business Intelligence

NOVEMBER 22, 2024

The solution, according to both Henderson and Backeberg, is knowing which use cases are going to bring the most ROI. “[The The first implementation] has to generate real ROI,” Henderson said. Based on what we’re seeing, if it doesn’t, generative AI adoption loses steam and attention. It loses momentum.

ROI 130

ROI Strategy Marketing IT 130

KDnuggets

OCTOBER 5, 2022

Digital transformation is evolving, and so is the fintech industry by implementing AI trends and leveraging several benefits, such as optimizing productivity, increasing ROI, and enhancing security.

Finance 150

Finance ROI Digital Transformation Management 150

CIO Business Intelligence

DECEMBER 2, 2024

So it’s essential to show the ROI to your business from the management of these costs. Aggressive and compressed transformation: Higher short-term investment for faster transformation, with clear ROI milestones. This creates a compelling “act now” narrative that boards understand. Double down on automation through AI.

ROI 136

ROI Cost-Benefit Metrics Strategy 136

CIO Business Intelligence

MARCH 12, 2024

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 these additional costs appear, the original ROI prognosticators get unhappy.

ROI 122

ROI IT Manufacturing Metrics 122

CIO Business Intelligence

OCTOBER 10, 2024

On the one side, Forrester recently warned organizations not to look for AI ROI too soon, because they could miss out on AI’s benefits. The ROI may be coming from many of these less tangible things,” she says. You could throw out a project too quickly by saying, ‘Oh, we’re not getting our ROI,’ if you’re not measuring all those things.”

ROI 135

ROI Experimentation Cost-Benefit Metrics 135

Corinium

JUNE 6, 2019

What do you recommend to organizations to harness this but also show a solid ROI? A playbook for this is to run multiple experiments in parallel and create ‘MVPs’ (fail/learn fast), as well as incorporate feedback mechanisms to enable an improvement loop, and scaling the ones that show the fastest path to ROI. It is fast and slow.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

CIO Business Intelligence

DECEMBER 9, 2024

Measuring AI ROI As the complexity of deploying AI within the enterprise becomes more apparent in 2025, concerns over ROI will also grow. However, we might expect to see a more nuanced approach to calculating ROI in the coming year.

Enterprise 108

Enterprise ROI Cost-Benefit Measurement 108

CIO Business Intelligence

OCTOBER 24, 2024

Jayesh Chaurasia, analyst, and Sudha Maheshwari, VP and research director, wrote in a blog post that businesses were drawn to AI implementations via the allure of quick wins and immediate ROI, but that led many to overlook the need for a comprehensive, long-term business strategy and effective data management practices.

ROI 127

ROI Data-driven Enterprise Experimentation 127