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. CIOs should create proofs of concept that test how costs will scale, not just how the technology works.”

Enterprise 141

Enterprise Cost-Benefit Broadcasting Risk 141

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

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

SEPTEMBER 5, 2024

Whatever the technology, chief information officers (CIOs) and other IT leaders have always been focused on delivering value. Yet it’s rare for any business leader not to say they wish they had a better ROI from their cloud spend. because they see where they can adjust their strategies. So why the disconnect?

ROI 126

ROI IT Risk Strategy 126

CIO Business Intelligence

MAY 2, 2024

Organizations are racing to modernize their legacy technology, architecture, infrastructure, and databases. But not every approach provides the same ROI. Before committing to a migration strategy, organizations must identify the best approach for their business requirements. Modernization often revolves around cloud migration.

ROI 98

ROI Cost-Benefit Manufacturing Strategy 98

Smart Data Collective

JUNE 2, 2022

Cloud technology is becoming an increasingly important part of modern business. One of the biggest reasons cloud technology is becoming important is that it is helping companies make e-procurement possible. This is all made possible with cloud technology. Meticulous Implementation of Procurement Strategy. In Conclusion.

Technology 144

Technology ROI Cost-Benefit Forecasting 144

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). Like any new technology, organizations typically need to upskill existing talent or work with trusted technology partners to continuously tune and integrate their AI foundation models.

Experimentation 98

Experimentation ROI Risk Data Quality 98

Smart Data Collective

FEBRUARY 16, 2023

According to one analysis, companies that used machine learning in their marketing strategies boosted sales by up to 50%. There are a number of ways that companies can boost their marketing strategies with machine learning technology. How Can Machine Learning Boost Your Social Media Marketing ROI?

Machine Learning 140

Machine Learning ROI Marketing Advertising 140

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 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

Smart Data Collective

DECEMBER 13, 2021

The e-commerce sector has been one of the most affected by major advances in data technology. New advances in data technology have been especially beneficial for marketing. E-commerce Companies Are Using Big Data Technology to Improve the Execution of their Marketing Strategies. billion on big data by 2025.

Data-driven 145

Data-driven Marketing Strategy Big Data 145

Smart Data Collective

MAY 16, 2022

A growing number of companies are using data analytics technology to improve customer engagement. Proper consumer engagement strategies are vital factors that might determine how profitable your business becomes. The good news is that data analytics technology can drastically improve your customer engagement strategy.

Data-driven 145

Data-driven Strategy Big Data ROI 145

CIO Business Intelligence

APRIL 1, 2024

Feats like that have ramped up pressure on CIOs to not just modernize, but modernize faster so they’re ready to seize new opportunities as they arise by having infrastructure that can support emerging technologies and a team that isn’t mired in maintenance mode. Technology modernization without purposeful application produces novelty at best.

Strategy 140

Strategy IT Digital Transformation ROI 140

Smart Data Collective

AUGUST 31, 2023

One of the biggest opportunities to leverage financial analytics technology is in the field of investing. 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.

ROI 124

ROI Data Analytics Analytics Risk 124

CIO Business Intelligence

NOVEMBER 21, 2024

Hidden costs and price hikes Deploying AI takes a different approach than other technologies, adds Sumit Johar, CIO at finance software vendor BlackLine. 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.

Management 124

Management Interactive ROI Software 124

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). Conclusion.

Advertising 318

Advertising Cost-Benefit ROI Machine Learning 318

Smart Data Collective

MAY 26, 2022

However, few people realize that data technology is helping solve environmental issues. Big data technology has helped us make these findings. As cities wrestle with the problem of air pollution, some are looking to cutting-edge technology for help. Measure ROI of air quality sensors. It will also help develop solutions.

Technology 142

Technology ROI Cost-Benefit Measurement 142

CIO Business Intelligence

JUNE 9, 2023

But head starts don’t need to take years to make a difference, especially in the fast-moving world of technology where the window of opportunity is much shorter. In technology, hesitate, and you may not be able to catch up to your competitors. Such is the case with a data management strategy. That’s an almost 20-year head start.

Strategy 116

Strategy Management Key Performance Indicator Cost-Benefit 116

CIO Business Intelligence

OCTOBER 28, 2024

For example, IT departments, said SAP’s Albert, “frequently need to upskill as new technologies emerge. Robert Kramer, vice president and principal analyst with Moor Insights & Strategy, added, “AI can help with that intelligence component to help identify skills gaps that need to be targeted for specific departments or people.”

IT 111

IT ROI Data-driven Forecasting 111

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. I believe AI will become affordable perhaps, over time, as affordable as any other workload, thanks to the type of technologies that DeepSeek developed.

Modeling 117

Modeling Data-driven Technology Strategy 117

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 divided the technical challenges into a few areas, none of which focused on an ERP rationalization strategy.

Digital Transformation 116

Digital Transformation Metrics Measurement ROI 116

CIO Business Intelligence

JANUARY 7, 2025

If you had to name 2023s single-most impactful and disruptive technology, youd need just two letters: AI. Even for technology insiders, the rapid pace of generative AIs development and adoption across all business sectors was simply astonishing. ROI quickly becomes DOA. And theres no sign of things slowing down.

ROI 52

ROI Business Objectives Technology Optimization 52

CIO Business Intelligence

DECEMBER 19, 2024

Agentic AI, the more focused alternative to general-purpose generative AI, is gaining momentum in the enterprise, with Forrester having named it a top emerging technology for 2025 in June. The technology is in its early days, and several questions remain open chief among them, how AI agents will be priced.

Cost-Benefit 128

Cost-Benefit Modeling ROI Marketing 128

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

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. Big data and business intelligence are essential.

Data Strategy 138

Data Strategy B2B Strategy Big Data 138

CIO Business Intelligence

AUGUST 21, 2023

They may publicly preach “No technology for technology’s sake,” but they still frequently share their fascination with the latest tech gadgets. It’s then that the hopes for the technology get way ahead of what it can actually deliver today. They’re not the only ones enthralled by tech. Here’s what they say on the topic.

Technology 145

Technology IT Uncertainty Reporting 145

CIO Business Intelligence

AUGUST 22, 2024

More than nine in 10 IT decision-makers project their budgets will increase in 2025, according to the Forrester 2025 Budget Planning Guide for Technology Executives. 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.

Strategy 134

Strategy IT Uncertainty Software 134

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

Smart Data Collective

MARCH 23, 2023

You have probably read a lot about the major changes brought on by AI technology in recent months. For example, ChatGPT recently The Independent said that the technology is starting to show signs that it can think like humans. However, others want more control over AI technology, so they are seeking to develop their own AI software.

Software 142

Software Strategy Cost-Benefit Testing 142

Smart Data Collective

MARCH 30, 2022

AI technology has become a very important part of modern business. More companies are using AI to automate a number of aspects of their operations and improve their ROI. One of the biggest benefits of AI technology is in the realm of marketing. You can use AI to automate many parts of your marketing strategy.

Marketing 124

Marketing Strategy ROI Data mining 124

CIO Business Intelligence

JULY 5, 2024

As a disruptive technology, it’s being felt in terms of both its magnitude and frequency of change. So many vendors, applications, and use cases, and so little time, and it permeates everything from business strategy and processes, to products and services. In this regard, gen AI is no different from other technologies.

ROI 124

ROI Experimentation Risk Cost-Benefit 124

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

Smart Data Collective

JUNE 29, 2022

Big data technology is leading to a lot of changes in the field of marketing. A growing number of marketers are exploring the benefits of big data as they strive to improve their branding and outreach strategies. How to Use Data to Improve Your Email Marketing Strategy. Big data technology has led to advances in personalization.

B2B 124

B2B Data-driven Marketing Strategy 124

Smart Data Collective

JUNE 30, 2022

Modern marketing strategies rely heavily on big data. Instagram marketing strategies will be far more effective if they utilize data analytics and artificial intelligence. Instagram has a sophisticated data analytics platform that makes it easier for advertisers to optimize their strategies for the highest possible ROI.

Data-driven 132

Data-driven Marketing Strategy Big Data 132

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. IT leaders are also enthused about the technology. well of course they might think it is,” Aytay says.

Data Strategy 137

Data Strategy Strategy Sales Data Governance 137

Smart Data Collective

SEPTEMBER 28, 2022

This is why a growing number of businesses are leveraging AI technology to automate their outbound calls. Are there more valuable ways to use AI to grow your business that offer a higher ROI? One of the reasons they are investing in it is to scale their marketing strategies. Until next time, cheers!

Technology 142

Technology Cost-Benefit Advertising Marketing 142