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Tag: ROI


BI Users, Business Users

12 ‘best practices’ IT should avoid at all costs

September 28, 2023

Via: CIO

What makes IT organizations fail? Often, it’s the adoption of what’s described as “industry best practices” by people who ought to know better but don’t, probably because they’ve never had to do the job. From establishing internal customers to instituting […]


BI Categories, Data Mining

3 keys to making data democratization a reality

August 25, 2023

Via: InfoWorld

For most executives, data democratization is a pipe dream. The idea of seeing entire teams and departments fully enabled and empowered to use data to enhance every business decision—leading to better ROI, sustained growth, and higher overall performance—feels like a […]


BI Categories, Data Mining

Maximize the ROI of Your Enterprise Data Lake

October 14, 2022

Via: DATAVERSITY

With organizations embracing digitization in a big way, the generation of data has grown manifold. According to IDC, the growth of data will be huge across industries, from 16 zettabytes to 160 zettabytes. The data being talked about is useful […]


BI Users, Business Users

5 tips for maximizing ROI of IT projects

October 13, 2022

Via: CIO

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 […]


BI Categories, Business Analysis, Software & Systems

The hard truth of IT metrics

April 21, 2022

Via: CIO

You might have heard that if you can’t measure you can’t manage. You might have believed it, too. And if you think you need metrics to manage you might be feeling guilty about not having enough of them. Guilt no […]


BI Users, Executive, IT Team

D&I: A key factor in increasing project ROI

September 16, 2021

Via: CIO

Project teams that lack diversity may be hindering not only project outcomes, but overall return on investment (ROI). According to the Project Management Institute (PMI)’s 2020 Pulse of the Profession research, 27% of surveyed companies plan to put diversity and […]


BI Categories, Business Analysis

When AI/ML ROI Is Trapped in the System, Address “Flow”

January 28, 2020

Via: CIO

I read an interesting market statistic recently from VentureBeats AI that stated “87% of data science projects never make it into production”. This was later validated by Gartner who added that “80% of AI projects will remain alchemy [projects], run […]