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Six steps to creating a successful IT strategy: A guide for CIOs

CIO Business Intelligence

Step 2: Understanding competitors Competitive analysis IT leaders must understand the competitive landscape to position their organization for success. If competitors are using advanced data analytics to gain deeper customer insights, IT would prioritize developing similar or better capabilities.

Strategy 334
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What is a business intelligence analyst? A key role for data-driven decisions

CIO Business Intelligence

Business intelligence (BI) analysts transform data into insights that drive business value. What does a business intelligence analyst do? The role is becoming increasingly important as organizations move to capitalize on the volumes of data they collect through business intelligence strategies.

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CEOs believe AI can develop better business plans than board members

CIO Business Intelligence

A full 94% of CEOs surveyed for AI platform provider Dataiku believe an AI agent could provide similar or better advice on business decisions than a human board member. Meanwhile, 89% believe AI can develop a better strategic plan than a member of their executive leadership team.

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Banks bet on AI to deliver digital efficiencies

CIO Business Intelligence

According to the study, the biggest focus in the next three years will be on AI-supported data analysis, followed by the use of gen AI for internal use. Interestingly, developing existing talent is the third most cited focus for digital transformation — a sign that leaders recognize the importance of preparing employees to work with gen AI.

Banking 353
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Monetizing Analytics Features: Why Data Visualizations Will Never Be Enough

Think your customers will pay more for data visualizations in your application? Five years ago they may have. But today, dashboards and visualizations have become table stakes. Discover which features will differentiate your application and maximize the ROI of your embedded analytics. Brought to you by Logi Analytics.

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7 types of tech debt that could cripple your business

CIO Business Intelligence

What CIOs can do: Avoid and reduce data debt by incorporating data governance and analytics responsibilities in agile data teams , implementing data observability , and developing data quality metrics. For this reason, organizations with significant data debt may find pursuing many gen AI opportunities more challenging and risky.

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Artificial Intelligence in practice

CIO Business Intelligence

The world has known the term artificial intelligence for decades. Until recently, discussion of this technology was prospective; experts merely developed theories about what AI might be able to do in the future. No matter what market you operate in, AI is critical to keeping your business competitive.