CIO Business Intelligence

APRIL 19, 2024

Interest in AI, building since last year, will push a 10% increase in data center system spending this year, driving worldwide IT spending to $5.06 Companies buying the marketing hype about the benefits of AI need to look for proofs of concept, added Mark McDonald, a distinguished vice president analyst at Gartner.

IT 132

IT Software Cost-Benefit ROI 132

Smart Data Collective

MARCH 5, 2021

Data analytics have led to a number of major changes in the field of website management and digital marketing. Although data analytics tools have offered a number of opportunities and benefits for business owners relying on their websites to reach new audiences, many of them don’t know how to use them effectively.

Metrics 128

Metrics Data Analytics Analytics Advertising 128

FineReport

OCTOBER 25, 2021

Numerous data?Want Want to flee the great tidal wave of data display? Now here comes data dashboard ?Similar What is Data Dashboard?–Definition. Data Dashboard Tool. Why Data Dashboard? Data Dashboard Tool. Why Data Dashboard? Luckily, a suitable data dashboard tool may help you.

Dashboards 98

Dashboards KPI Visualization Key Performance Indicator 98

CIO Business Intelligence

AUGUST 17, 2022

In less than five minutes, you can take hold of useful and relevant information that will help you make more insights-driven decisions over the next six months. Trend #1: Critical nature of data and cyber resilience in the face of increasing cyberattacks. Cybercrime cost U.S. businesses more than $6.9

Enterprise 111

Enterprise Cost-Benefit Snapshot Data-driven 111

Smart Data Collective

SEPTEMBER 23, 2021

You may not have thought about creative professionals having a strong foundation in data analytics. However, the world has changed, which means that a background in big data and other types of technology is equally important. Data-driven businesses need to keep this in mind when looking for creative professionals.

Data Analytics 112

Data Analytics Analytics Cost-Benefit Big Data 112

CIO Business Intelligence

SEPTEMBER 8, 2023

Operating rooms are a significant source of revenue for healthcare organizations — and a main contributor to costs. As such, any cost savings in operating rooms can have broad financial impact on a healthcare facility’s bottom line. The data includes patient biometric information such as height, weight, age, and gender.

Cost-Benefit 105

Cost-Benefit Machine Learning Metrics Marketing 105

IBM Big Data Hub

APRIL 25, 2023

In a prior blog , we pointed out that warehouses, known for high-performance data processing for business intelligence, can quickly become expensive for new data and evolving workloads. To do so, Presto and Spark need to readily work with existing and modern data warehouse infrastructures.

Optimization 58

Optimization Strategy Data Warehouse Cost-Benefit 58

Smart Data Collective

MARCH 10, 2022

Data analytics is giving us more insights into many of the most pressing challenges that we have faced as a society. More policymakers are using data to make more informed decisions. Analytics Insight shared a list of 10 major ways that big data is changing politics. But what should today’s borrowers really expect?

Data Analytics 100

Data Analytics Analytics Big Data Cost-Benefit 100

AWS Big Data

MAY 17, 2023

Credit: Phil Goldstein Jerry Wang, Peloton’s Director of Data Engineering (left), and Evy Kho, Peloton’s Manager of Subscription Analytics, discuss how the company has benefited from using Amazon Redshift. Meanwhile, the company’s subscribers jumped from around 360,000 in 2019 to 2.76 million at the end of 2022.

Data Warehouse 108

Data Warehouse Cost-Benefit Sales Data-driven 108

Smart Data Collective

NOVEMBER 2, 2022

Big data technology has changed the future of marketing in a multitude of ways. A growing number of organizations are leveraging big data to get higher ROIs from their organic and paid marketing campaigns. As a result, companies around the world spent over $52 billion on data-driven marketing solutions in 2021.

Marketing 137

Marketing Big Data Data-driven Sales 137

CIO Business Intelligence

OCTOBER 23, 2023

In today’s uncertain economic landscape, it is no surprise that organizations are driven to optimize business costs. All of these present challenges for IT professionals within their day-to-day activities in data centers. With outdated and inefficient equipment, valuable resources and energy are being wasted in data centers.

Cost-Benefit 105

Cost-Benefit Uncertainty Digital Transformation Optimization 105

Smart Data Collective

MARCH 27, 2023

billion on AI in 2021 , but small businesses may spend even more on AI-driven financial management software. Some of the benefits of AI in banking include: Banks use AI bots to onboard clients and analyze borrower risk. Many small businesses are investing in AI-driven financial management software. It sounds expensive.

Software 87

Software Finance Cost-Benefit Data-driven 87

CIO Business Intelligence

SEPTEMBER 25, 2023

That’s why, in the summer of 2021, Chris Nardecchia, SVP and chief digital and information officer, set about enabling a transformation that would change Rockwell’s business before it lost ground to a new class of hungry competitors. They realize the result is significantly higher total cost of ownership,” the report’s authors conclude.

Modeling 105

Modeling Manufacturing Digital Transformation Cost-Benefit 105

CIO Business Intelligence

SEPTEMBER 12, 2022

The COVID-19 pandemic hastened our already digital-centric culture to become even more digitally driven. These profiles also save customer support agents from having to retrieve profile data to facilitate a transaction. merchants offered such digital profiles in 2021, up from 52% in 2020, according to the Cybersource report.

Digital Transformation 98

Digital Transformation Recreation/Entertainment Cost-Benefit Sales 98

CIO Business Intelligence

MARCH 15, 2022

As the end of 2021 approached, the process of digital acceleration remains in a world turned upside down by a lingering global pandemic. The focal point of the Zero T rust model is that enterprise data needs to be protected at all costs. Not just SASE but Data-Centric SASE. Zero Trust becomes table stakes.

Software 105

Software Cost-Benefit Digital Transformation Enterprise 105

Smart Data Collective

SEPTEMBER 22, 2021

Data-driven businesses must utilize a number of different services and tools to operate successfully. We have frequently talked about the benefits of using big data to make the most of your online marketing efforts. Although this technology seems archaic in the digital era, big data can help you get the most of it.

Management 98

Management Cost-Benefit Big Data Data-driven 98

CIO Business Intelligence

OCTOBER 17, 2023

NOV, a technology-driven solutions supplier serving the global energy industry, wanted to reduce costs, improve security, and make life easier for its 32,000 users and IT administrators across 62 countries. These technologies are essential for maintaining regulatory compliance when handling sensitive personal data in the cloud.

Digital Transformation 143

Digital Transformation B2B IoT Cost-Benefit 143

Smart Data Collective

SEPTEMBER 17, 2023

Big data technology has disrupted the marketing profession in countless ways. billion in 2021 to $6.4 We have talked extensively about the benefits of data analytics in SEO. Find a Reputable White Label Agency that Uses Data Analytics that You Can Work With Is your company struggling to meet your clients’ SEO needs?

Data mining 106

Data mining Cost-Benefit Marketing Big Data 106

Sisense

MARCH 26, 2021

Companies surveyed by Harvard Business Review Analytic Services (HBR) report that two of the most important strategic benefits of using data analytics are (1) identifying new revenue and business models and (2) becoming more innovative. 39% of companies want to identify new revenue and business opportunities with data analytics.

Analytics 98

Analytics Data-driven Dashboards Experimentation 98

IBM Big Data Hub

FEBRUARY 2, 2022

Artificial intelligence (AI) is an essential instrument for reshaping businesses both now and in the future, with three in four organizations deploying or ramping up their AI efforts, according to Morning Consult’s April 2021 research. y/y based on the most recent data available. [1] and +46.6% The increasing need for trustworthy AI.

Software 52

Software Marketing Reporting Digital Transformation 52

Cloudera

AUGUST 30, 2022

Data-fuelled innovation requires a pragmatic strategy. This blog lays out some steps to help you incrementally advance efforts to be a more data-driven, customer-centric organization. For example, providers can start by including more real-time data streams that can enhance customer interactions.

Strategy 101

Strategy Data Strategy ROI Cost-Benefit 101

Cloudera

AUGUST 31, 2021

Cloudera and Accenture demonstrate strength in their relationship with an accelerator called the Smart Data Transition Toolkit for migration of legacy data warehouses into Cloudera Data Platform. Accenture’s Smart Data Transition Toolkit . Are you looking for your data warehouse to support the hybrid multi-cloud?

Data Warehouse 80

Data Warehouse Cost-Benefit Metadata Data-driven 80

CIO Business Intelligence

MAY 11, 2022

Climate change concerns have already impacted data center strategies. Take Singapore as an example, where climate change concerns have already impacted data center strategies. We know that for years businesses have built excess capacity into their data center and cloud resources to ensure capacity needs are met at any moment.

Strategy 98

Strategy Digital Transformation Cost-Benefit Machine Learning 98

Smart Data Collective

SEPTEMBER 13, 2022

Big data technology has led to some major changes in the banking sector. One of the biggest benefits of big data has been the development of ACH payment processing. Many businesses can benefit from it if they use it correctly. Big Data Leads to Great Opportunities for Businesses Relying on ACH Transactions.

Big Data 77

Big Data Cost-Benefit Risk Management Data-driven 77

CIO Business Intelligence

APRIL 1, 2024

Create a framework to guide decisions Michael Bradshaw, who has held the CIO position at Kyndryl since the IT service management company spun off from IBM in 2021, developed a framework around five core guiding principles to facilitate key IT decisions. The framework acts like a position paper, he says.

Strategy 140

Strategy IT Digital Transformation ROI 140

datapine

JANUARY 24, 2021

In our cutthroat digital age, the importance of setting the right data analysis questions can define the overall success of a business. That being said, it seems like we’re in the midst of a data analysis crisis. Your Chance: Want to perform advanced data analysis with a few clicks? Data Is Only As Good As The Questions You Ask.

IT 317

IT Statistics KPI Data-driven 317

Ontotext

AUGUST 17, 2023

These failures are at least partly due to the absence of graph technologies, at the center of those transformations, allowing companies to “connect the dots” across their data to drive optimal outcomes. More critically, they will continue to struggle becoming more data-driven within their organizations, missing out on value opportunities.

Digital Transformation 52

Digital Transformation IT Cost-Benefit Consulting 52

Cloudera

JANUARY 5, 2023

In the past year, businesses who doubled down on digital transformation during the pandemic saw their efforts coming to fruition in the form of cost savings and more streamlined data management. 1- Treating data as a strategic business asset . 2- Operationalizing adaptive AI systems for quicker business decision-making.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

Smart Data Collective

APRIL 7, 2022

Few people anticipated that big data would have such a profound impact on the e-commerce sector. Companies in the distribution industry are particularly dependent on data, due to the complicated logistics issues they encounter. There are many reasons that data analytics and data mining are vital aspects of modern e-commerce strategies.

B2B 106

B2B Sales Big Data Cost-Benefit 106

CIO Business Intelligence

MARCH 13, 2023

Two decades of technology-driven transformation has left many financial services firms with significant complexity and technical debt. With the added challenge for IT leaders in the highly regulated financial services industry is that data security and business resiliency are unassailable business objectives.

Finance 52

Finance Data-driven Data Lake Cost-Benefit 52

CIO Business Intelligence

DECEMBER 14, 2023

Mathur, who held tech chief roles at Staples and Biogen before coming to ConocoPhillips in 2021, is referring to Carlo De Bernardi, a principal engineer at ConocoPhillips responsible for scaling the company’s adoption of 3D printing. Mathur says the data-driven nature of the solution will in time strengthen the capability.

Manufacturing 100

Manufacturing Digital Transformation Experimentation Cost-Benefit 100

Cloudera

AUGUST 18, 2021

Data Lifecycle Management: The Key to AI-Driven Innovation. In digital transformation projects, it’s easy to imagine the benefits of cloud, hybrid, artificial intelligence (AI), and machine learning (ML) models. The hard part is to turn aspiration into reality by creating an organization that is truly data-driven.

Data Lake 87

Data Lake IoT Internet of Things Data-driven 87

IBM Big Data Hub

FEBRUARY 2, 2023

In today’s world, data warehouses are a critical component of any organization’s technology ecosystem. The rise of cloud has allowed data warehouses to provide new capabilities such as cost-effective data storage at petabyte scale, highly scalable compute and storage, pay-as-you-go pricing and fully managed service delivery.

Data Warehouse 58

Data Warehouse Cost-Benefit Unstructured Data Data Architecture 58

erwin

MAY 2, 2022

How to create a solid foundation for data modeling of OLTP systems. As you undertake a cloud database migration , a best practice is to perform data modeling as the foundation for well-designed OLTP databases. This makes mastering basic data modeling techniques and avoiding common pitfalls imperative. Data modeling basics.

Modeling 98

Modeling Insurance Cost-Benefit Data Warehouse 98

DataKitchen

DECEMBER 7, 2021

Back by popular demand, we’ve updated our data nerd Gift Giving Guide to cap off 2021. We’ve kept some classics and added some new titles that are sure to put a smile on your data nerd’s face. Fail Fast, Learn Faster: Lessons in Data-Driven Leadership in an Age of Disruption, Big Data, and AI, by Randy Bean.

Data-driven 246

Data-driven Data Governance Big Data Data Science 246

CIO Business Intelligence

JANUARY 12, 2023

Answering these concerns, smart factories are moving to another edge: edge computing, where operational data from Internet of Things (IoT) sensors can be collected and processed for insights in near-real-time. With edge computing, those functions are performed much closer to where the data is created, such as on the factory floor.

Manufacturing 75

Manufacturing Technology IoT Internet of Things 75

AWS Big Data

APRIL 25, 2024

In the era of data, organizations are increasingly using data lakes to store and analyze vast amounts of structured and unstructured data. Data lakes provide a centralized repository for data from various sources, enabling organizations to unlock valuable insights and drive data-driven decision-making.

Optimization 65

Optimization Data Lake Cost-Benefit Reporting 65