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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. Besides the cost of software, they don’t anticipate the fees that crop up during some BI implementations. The same is true for Business Intelligence.

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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO Business Intelligence

Rather than selling software to customers, HP said, Autonomy had been selling them hardware at a loss, then booking the sales as software licensing revenue. Its Agentware internet search tools are used by enterprises including Barclays Bank and Unilever and sold as shrink-wrapped software through retail outlets.

HP 105
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11 ways to reduce your IT costs now

CIO Business Intelligence

Contractors and vendors should be treated like your car insurance,” says Pratt. Audit all contracts IT organizations almost always pay for more than the business actually needs for hardware, software, and networking. Billing errors, overprovisioning of licenses, and changes in capacity are other things to look for.

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Many CIOs are better equipped to combat rising IT costs. Are you?

CIO Business Intelligence

Rising software costs create headaches Another example is Ameritas Life Insurance, which has operations in the US, but the current 3.7% With the move to software and platform as a service offerings, infrastructure has now shrunk to less than 10% of his overall budget. I sign three-year deals, but then I’m facing big price hikes.”

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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO Business Intelligence

Awareness of FinOps practices and the maturity of software that can automate cloud optimization activities have helped enterprises get a better understanding of key cost drivers,” McCarthy says, referring to the practice of blending finance and cloud operations to optimize cloud spend. year over year in 2023, which is down from the 27.6%

Strategy 140
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10 emerging innovations that could redefine IT

CIO Business Intelligence

CIOs must watch for the next generation of emerging technologies because new software can go from the dreams of some clever coder to an essential part of every IT shop in the blink of an eye. The chain of transactions held in the distributed ledger might track insurance payments, car purchases, or any number of assets.

Tools 145
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Analyst One Announces Top Analytical Technologies List

CTOvision

0xdata customers have built powerful domain specific predictive engines for Recommendations, Pricing and Outlier detection in Fraud & Insurance. Haystax/Digital Sandbox provides analytic software products and services for threat and risk analysis and monitoring to National Security, Public Safety, and Homeland Security missions.

Big Data 247