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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.

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NASA overspent $15 million on unused Oracle licenses as it failed to track usage

CIO Business Intelligence

The report attributes the huge over-expenditure to vendor lock-in and NASA’s unwillingness to risk a license audit by Oracle because of its lack of visibility into software management. These challenges expose the agency to increased costs because of penalties for violations of software licensing agreements, the report showed.

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What telco mobile money licenses mean for Nigeria’s financial services sector

CIO Business Intelligence

That may change as telecommunications companies such as Airtel and MTN jump into the mobile money market, after recently receiving licenses to do so. It was only late last year that Nigeria’s Central Bank (CBN), gave the green light for telcos to acquire mobile money licenses. Mobile money is not entirely new to Nigeria.

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What are the “true costs” of Business Intelligence?

mrc's Cup of Joe Blog

Summary: While implementing Business Intelligence can drive revenue and save money, some businesses overlook many of the deployment and ownership costs of BI. In this article, we explore some of the “true costs” of Business Intelligence. The same is true for Business Intelligence.

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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. What is data science?

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Subscription economy defies economic headwinds, fuels recurring growth

CIO Business Intelligence

However, sounding a caution, Mishra said, “We have also noticed that despite the numerous benefits for customers, providers still face challenges in persuading existing customers with perpetual licenses to switch to subscription-based solutions.”

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

CIO Business Intelligence

This includes running a benchmarking spend analysis on all categories relative to industry peers, as well as leading technology companies. Review software licenses and subscriptions Many organizations are over-licensed and oversubscribed on software, pushing costs higher than they need to be.

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