article thumbnail

The art of selling: IT budget approval made easier

CIO Business Intelligence

Because as a young CIO, I was struggling with obtaining budget approvals for a range of IT initiatives. A majority of CIOs I speak with dread the budget approval process and breathe a welcome sigh of relief when annual budgeting comes to an end. And because of this, IT budgeters must have open ears.

Budget 103
article thumbnail

What most CIOs get wrong about strategic IT plans

CIO Business Intelligence

It’s because any Martian business will enjoy an insurmountable advantage: With a 687 earth-days long year, Martian enterprises will go through about half the number of budgeting cycles their terrestrial competitors do. What,” I asked him, “is the ROI for budgeting?” Which starts, as usual, with making sure definitions are sound.

Budget 104
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Corporate Performance Management vs. Business Intelligence

Future of CIO

Business intelligence (BI) is the set of techniques and tools for the transformation of raw data into meaningful and useful information for business analysis purposes. Business Intelligence is about managing data. Corporate Performance Management is all about managing performance by that data.

article thumbnail

AI, cybersecurity investments and identity take center stage at RSA 2024

CIO Business Intelligence

There was a definite buzz about cybersecurity investments and M&A picking up steam, AI-based defense and AI-delivered industry models, and overall product innovation. Final thoughts To sum up RSA, buyer signals are clear that security is still, and maybe more so, where enterprises are driving budget dollars.

Security 127
article thumbnail

Do you need machine learning? Maybe. Maybe Not.

Eric D. Brown

They are the same people that were telling you that you needed to implement a data warehouse and business intelligence platforms in the past. Don’t get me wrong – data warehouses and business intelligence have their places but they weren’t right for every organization and/or every problem.

article thumbnail

What is data governance? Best practices for managing data assets

CIO Business Intelligence

Data governance definition Data governance is a system for defining who within an organization has authority and control over data assets and how those data assets may be used. Lack of resources: Data governance initiatives can struggle for lack of investment in budget or staff.

article thumbnail

Getting infrastructure right for generative AI

CIO Business Intelligence

It’s well within the budget.” Most of the time, the cloud is definitely not cheaper,” asserts Editmadi. “On the cloud, you’re paying by the hour and you’re paying a premium.” In contrast, he asserts, “Pretty much any hospital in the US can buy four computers. It’s about choosing the right tool for the job.

Storage 139