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7 types of tech debt that could cripple your business

CIO Business Intelligence

Accenture reports that the top three sources of technical debt are enterprise applications, AI, and enterprise architecture. Build up: Databases that have grown in size, complexity, and usage build up the need to rearchitect the model and architecture to support that growth over time.

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Prioritizing AI investments: Balancing short-term gains with long-term vision

CIO Business Intelligence

In a study by OReilly, 48% of businesses utilize machine learning, data analysis and AI tools to maintain data accuracy , underscoring the importance of solid data foundations for AI initiatives. Absent quality data, AI will only replicate quality issues broadly in the enterprise and introduce widespread risk in decision quality.

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11 ways to reduce your IT costs now

CIO Business Intelligence

West Monroe’s Tanowitz agrees, saying, “There’s cloud spend where immature governance approaches have resulted in excess consumption that can be reduced when a holistic cloud architecture approach is taken.” In addition to cloud consumption, there may be drivers at play. IT leaders may also find that some work can be insourced more cheaply.

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What is product lifecycle management? Organizing the development process

CIO Business Intelligence

A product’s requirements are defined in this phase, based on factors such as competitor analysis, gaps in the market, or customer needs. It includes validation and analysis of the planned product, and prototype development and piloting. Develop: Detailed design of the product occurs in this phase, including necessary tool designs.

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4 hidden risks of your enterprise cloud strategy

CIO Business Intelligence

As enterprise CIOs seek to find the ideal balance between the cloud and on-prem for their IT workloads, they may find themselves dealing with surprises they did not anticipate — ones where the promise of the cloud, and cloud vendors, fall short versus the realities of enterprise IT.

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Top 16 business process management tools

CIO Business Intelligence

Since those early inhouse iterations, BPM systems have evolved into excellent full-fleged platforms for tracking and fine-tuning everything that happens inside an organization, complete with a wide variety of interfaces for working with other standard enterprise systems such as accounting software or assembly line management systems.

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The year’s top 10 enterprise AI trends — so far

CIO Business Intelligence

Embedded AI Embedding AI into enterprise systems that employees were already using was a trend before gen AI came along. ML was used for sentiment analysis, and to scan documents, classify images, transcribe recordings, and other specific functions. We have a plugin architecture,” says PwC’s Greenstein.