Remove Agile Remove Analysis Remove Business Intelligence Remove Licensing
article thumbnail

What Do CIOs Have To Know About Business Intelligence?

The Accidental Successful CIO

CIOs need to understand how to make use of new business intelligence tools Image Credit: deepak pal. Modern CIOs need to understand that Business intelligence (BI) leverages software and services to transform data into actionable insights that inform an company’s strategic and tactical business decisions.

article thumbnail

Subscription economy defies economic headwinds, fuels recurring growth

CIO Business Intelligence

The shift from static, one-size-fits-all subscription models to dynamic, usage-based pricing or creative bundling and unbundling of services demonstrates “subscription-based businesses’ flexibility and innovative mindset.” This synergy between CFO and CIO strategies fosters a conducive environment for exploring new ventures.”

CTO 110
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

4 moves CIOs should make to achieve a more efficient IT organization

CIO Business Intelligence

In almost every case, there’s an increased need for data insight and technology-enabled agility to reaffirm technology’s position at the center of investment strategy in order to achieve organizational growth. Further, most software license agreements include annual processes to reset maintenance costs when consumption patterns change.

Licensing 138
article thumbnail

What is data science? Transforming data into value

CIO Business Intelligence

Data science is a method for gleaning insights from structured and unstructured data using approaches ranging from statistical analysis to machine learning. Data scientists say that investigating something with data is simply analysis. Data science takes analysis another step to explain and solve problems. Data science teams.

Data 139
article thumbnail

11 ways to reduce your IT costs now

CIO Business Intelligence

When it comes to contingent labor in particular, CIOs are often paying above-market rates or engaging with a more expensive class of contractor than necessary, says West Monroe’s Tanowitz, whose analysis has revealed opportunities to save between 6% and 30%. IT leaders must be open-minded and take a fresh look at all areas of the business.”

article thumbnail

5 ways to maximize your cloud investment

CIO Business Intelligence

In this way, you can take advantage of the cloud’s agile, on-demand approach with unlimited capacity without breaking the budget. Understanding the price differentials between reserve and regular pricing is key to performing that analysis. Over the years, McMasters bought overcapacity and hoped he had enough.

Cloud 117
article thumbnail

The Financial Lens: Data-Driven Insights for Publishing Success

Kitaboo

K12 Publishers need to incorporate AI-driven analytics into their business intelligence systems to understand reader demographics and engagement metrics. Big Data analysis helps publishers measure the potential success of publications in the pipeline based on aspects such as trending genres, target demographics, and more.