IBM Big Data Hub

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. The benefits of strategic sourcing are vast, ranging from overall supply chain process optimization to more cost-effective, long-term relationships with partners.

Cost-Benefit 89

Cost-Benefit Scorecard Risk Recreation/Entertainment 89

IBM Big Data Hub

FEBRUARY 12, 2024

As IDC stated: as of 2022, 36% of IT leaders identified the use of technologies to achieve real-time decision-making as critical for business success, and 45% of IT leaders reported a general shortage of skilled personnel for real-time use cases.

Data-driven 90

Data-driven Cost-Benefit Uncertainty Technology 90

Smart Data Collective

JANUARY 27, 2022

This blog post will explore 5 ways to make the most of your IT budget while creating a data strategy in 2022. #1 Not only will this improve productivity, but it can also lead to cost savings down the road. One of the biggest ways to make the most of your IT budget in 2022 is through network infrastructure upgrades.

Optimization 104

Optimization IT Big Data Cost-Benefit 104

IBM Big Data Hub

MARCH 27, 2024

Other leaders remind you that the company’s primary allegiance is to the bottom line and that your solution needs to be cost-effective and “thread the needle” by providing the most return for the least investment possible. Development costs to survey the land, clear the site and prepare it for construction.

Cost-Benefit 112

Cost-Benefit Internet of Things Recreation/Entertainment Marketing 112

IBM Big Data Hub

SEPTEMBER 29, 2023

They can also help quickly adjust to shifting market dynamics and external factors affecting business operations, like changes in levels of demand, costs and more. And these benefits shouldn’t be available only to highly technical teams.

Data-driven 113

Data-driven Uncertainty Cost-Benefit Marketing 113

IBM Big Data Hub

JANUARY 19, 2024

Last year, companies spent USD 219 billion on cybersecurity and solutions alone, a 12% increase from 2022, according to a recent report by the International Data Corporation (IDC) (link resides outside ibm.com). Reducing costs: According to IBM’s recent Cost of Data Breach Report , the average cost of a data breach in 2023 was USD 4.45

Strategy 104

Strategy Cost-Benefit Testing Risk 104

IBM Big Data Hub

FEBRUARY 7, 2024

These efforts often go hand in hand with broader corporate sustainability initiatives and can lead to significant cost savings and improved environmental performance. trillion in economic benefits by 2030. Companies are investing in renewable energy projects and implementing energy-efficient technologies and practices.

Reporting 103

Reporting Cost-Benefit Internet of Things Data-driven 103

IBM Big Data Hub

NOVEMBER 8, 2023

The change, challenge and benefits are here FDA FSMA will have significant global implications for traceability. We saw this happen between Dole and Walmart in 2022 when a particular brand of lettuce—Ocean Mist Farms brand Romaine Hearts—had to be recalled.

Cost-Benefit 119

Cost-Benefit Consulting Risk Reporting 119

datapine

MARCH 16, 2023

2) Pros & Cons Of Bar Charts 3) When To Use A Bar Graph 4) Types Of Bar Charts 5) Bar Graphs & Charts Best Practices 6) Bar Chart Examples In today’s fast-paced analytical landscape, data visualization has become one of the most powerful tools organizations can benefit from to be successful with their analytical efforts.

Visualization 196

Visualization KPI Cost-Benefit Dashboards 196

IBM Big Data Hub

MAY 26, 2023

Leading life sciences companies are discovering the power of cloud in enabling analytics and artificial intelligence (AI) , shrinking innovation cycles, and standardizing processes across global operations, among other benefits. Of these breaches, 45% were cloud-based, costing USD 10.10M on an average, per breach.

Consulting 84

Consulting Cost-Benefit Optimization Machine Learning 84

Cloudera

OCTOBER 6, 2022

CIO blog post : “Digital transformation is a foundational change in how an organization delivers value to its customers.”. A major goal of these projects is cost reduction; it’s not sexy, it’s pragmatic. Cost savings opportunities. Leveraging the shared platform serves multiple objectives and can be more cost effective. .

Digital Transformation 84

Digital Transformation Cost-Benefit Data Lake Machine Learning 84

CIO Business Intelligence

JUNE 1, 2023

“All this is difficult news to share, but I’ve made the decision to reduce our workforce by 8% at Zendesk,” CEO Tom Eggemeier wrote in an email to all employees, which was later posted as a blog. From 2020 – 2022, our hiring outpaced our business realities,” Eggemeier, who joined the company in November last year, wrote.

Uncertainty 52

Uncertainty IT Insurance Cost-Benefit 52

IBM Big Data Hub

JUNE 13, 2023

Manual attack surface management costs time Staying ahead of an expanding enterprise attack surface is almost impossible with manual or disconnected processes. A 2022 analysis of Fortune 500 companies found that the average organization has around 476 common vulnerabilities and exposures (CVEs) in its external attack surface.

Management 96

Management Cost-Benefit Risk Data Processing 96

IBM Big Data Hub

JANUARY 11, 2024

The benefits of business disaster recovery Disasters can cause all kinds of problems for businesses. Reduced costs: According to IBM’s recent Cost of Data Breach Report , the average cost of a data breach last year was USD 4.45 billion in 2022 and was poised to grow by 22% percent in 2023.

Cost-Benefit 108

Cost-Benefit Risk Enterprise Software 108

Cloudera

AUGUST 8, 2022

In June 2022, Cloudera announced the general availability of Apache Iceberg in the Cloudera Data Platform (CDP). With Iceberg in CDP, you can benefit from the following key features: CDE and CDW support Apache Iceberg: Run queries in CDE and CDW following Spark ETL and Impala business intelligence patterns, respectively. snapshot_id.

Snapshot 87

Snapshot Data Warehouse Machine Learning Cost-Benefit 87

Cloudera

JANUARY 31, 2023

Specialized jobs that come with higher pay and better benefits are typically only available for those who can afford for the training and skills required to make it in the industry. The post Per Scholas and Cloudera Innovate to Solve for the Skills Gap in Data appeared first on Cloudera Blog.

Cost-Benefit 71

Cost-Benefit Software Technology Management 71

IBM Big Data Hub

DECEMBER 14, 2022

Conversational AI solutions for customer service have come a long way, helping organizations meet customer expectations while reducing containment rates, complexity, and costs. It starts with bringing AI into the mix and ends with more cost-efficient operations and more satisfied customers. Reduced operational costs.

Cost-Benefit 90

Cost-Benefit Interactive Machine Learning Consulting 90

IBM Big Data Hub

AUGUST 14, 2023

The Cost of a Data Breach 2023 global survey found that extensively using artificial intelligence (AI) and automation benefited organizations by saving nearly USD 1.8 million in data breach costs and accelerated data breach identification and containment by over 100 days, on average.

Cost-Benefit 63

Cost-Benefit Machine Learning Consulting Data mining 63

IBM Big Data Hub

JUNE 2, 2023

At re:Invent 2022, IBM Consulting was awarded the Global Innovation Partner of the Year and the GSI Partner of the Year for Latin America, cementing client and AWS trust in IBM Consulting as a trusted partner of choice, when it comes to AWS. In 2022, IBM Consulting leveraged AIMM and worked with another major U.S.

Consulting 92

Consulting Cost-Benefit Technology ROI 92

IBM Big Data Hub

DECEMBER 12, 2023

Unlocking the benefits of emissions management Emissions management is not only about tracking greenhouse gases; it also involves controlling and overseeing a wide range of emissions released into the atmosphere during industrial processes. An efficient, sustainable, and responsible enterprise reaps the benefits of a healthy culture.

Management 80

Management Cost-Benefit Optimization Strategy 80

IBM Big Data Hub

MAY 16, 2023

According to an Everest Group® study , offshore MMS centers increased over 50% from 2019 to 2022. This complexity translates into higher costs and makes it difficult for marketing teams to keep up. What’s more, the number of offshore full-time equivalent employees (FTE) jumped 115%. What are managed marketing services (MMS)?

Marketing 79

Marketing Management Optimization Cost-Benefit 79

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. However, a significant amount of this spend is wasted as organizations struggle to optimize costs effectively. .

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

IBM Big Data Hub

JULY 27, 2023

Further enhancing the experience of partners, this month we implemented new co-marketing benefits that optimize the funds available at each program tier. Specifically, there is interest in IBM products like Instana , Cloud Pak for Integration and Turbonomic , all of which help enterprises improve their operations and lower costs.

Cost-Benefit 63

Cost-Benefit Enterprise Marketing Technology 63

IBM Big Data Hub

JULY 19, 2023

The industry is under tremendous pressure to accelerate drug development at an optimal cost, automate time- and labor-intensive tasks like document or report creation to preserve employee morale, and accelerate delivery. in 10 years, from 2012 to 2022. Business Value As per FAERS database , the number of reported AEs has grown 2.5x

Consulting 68

Consulting Machine Learning Manufacturing Optimization 68

IBM Big Data Hub

NOVEMBER 30, 2022

It starts with bringing AI into the mix and ends with more cost-efficient operations and more satisfied customers. According to a Gartner® report, in 2031, conversational AI chatbots and virtual assistants will handle 30% of interactions that would have otherwise been handled by a human agent, up from 2% in 2022. per contained call.

Cost-Benefit 52

Cost-Benefit Interactive Machine Learning Consulting 52

IBM Big Data Hub

JULY 12, 2023

With reporting more than 200 billion transactions at the end of 2022, CaixaBank understands how critical it is to scale securely, increase operational efficiency and accelerate time to market to optimize digital banking experiences—all while safeguarding customers’ data. This was a milestone that involved the migration of 10.4

Digital Transformation 54

Digital Transformation Finance Cost-Benefit Data Processing 54

IBM Big Data Hub

APRIL 6, 2023

To address compliance concerns, organizations worldwide should be implementing bias audit processes so they can continue leveraging the benefits of these technologies. Bias can cost your organization In today’s world, where human and workers’ rights are critical, mitigating bias and discrimination is paramount.

Cost-Benefit 57

Cost-Benefit Risk Statistics Machine Learning 57

IBM Big Data Hub

JULY 27, 2023

As of 2022, the EAM market was valued at nearly $6 billion , with a compound annual growth rate of 16.9% Cost control and budgeting : EAM systems provide valuable insights into asset performance as it relates to maintenance costs. through 2030.

Cost-Benefit 63

Cost-Benefit IoT Internet of Things Enterprise 63

IBM Big Data Hub

OCTOBER 13, 2023

In IDC’s 2022 Global Supply Chain Survey , they identified that “lack of visibility and resiliency to see necessary changes in time to react effectively” was the most problematic and unaddressed deficiency in modern supply chain management and inventory optimization.

Marketing 77

Marketing Cost-Benefit Optimization Digital Transformation 77

IBM Big Data Hub

NOVEMBER 30, 2023

IBM’s 2023 Cost of a Data Breach report reveals that the average cost of a data breach in India has increased to an all-time high of INR 179 million in 2023, which is approximately a 28% increase since 2020. eSec Forte’s SOC migrated from an existing platform to IBM Security QRadar in Q1 2022.

Cost-Benefit 76

Cost-Benefit Digital Transformation Data-driven Strategy 76

BizAcuity

MAY 24, 2022

They drive business growth in 2022 thanks to its heightened capabilities. Benefits of Cloud Adoption. Quick recap from the previous blog- The cloud is better than on-premises solutions for the following reasons: Cost cutting: Renting and sharing resources instead of building on your own. Starting with cloud adoption.

Data-driven 52

Data-driven Cost-Benefit Digital Transformation Strategy 52

DataRobot Blog

SEPTEMBER 1, 2022

The latest McKinsey Global Survey on AI proves that AI adoption continues to grow and that the benefits remain significant. But in the COVID-19 pandemic’s first year, many felt more strongly about the cost-savings front than the top line. 1 IDC, MLOps – Where ML Meets DevOps, doc #US48544922, March 2022. Request a Demo.

Metrics 145

Metrics Statistics Modeling Data Science 145

Cloudera

SEPTEMBER 20, 2022

This blog is intended to serve as an ethics sheet for the task of AI-assisted comic book art generation, inspired by “ Ethics Sheets for AI Tasks.” AI-assisted comic book art generation is a task I proposed in a blog post I authored on behalf of my employer, Cloudera. Scope, motivation, and benefits. Who benefits?

Deep Learning 84

Deep Learning Cost-Benefit Risk Data-driven 84

Ontotext

OCTOBER 11, 2023

Scalability – a significant cost reduction for
scale-ups. In the first part of the talk, I presented the “crazy idea” idea behind our knowledge graph, which back in 2022 resonated with our CEO’s long-term vision. A year later, our project already reaps the benefits of knowledge-graph powered marketing.

Metadata 69

Metadata Cost-Benefit Marketing Modeling 69

IBM Big Data Hub

AUGUST 11, 2023

Today, 35% of companies report using AI in their business, which includes ML, and an additional 42% reported they are exploring AI, according to the IBM Global AI Adoption Index 2022. Steps in the MLOps process Where MLOps sees the biggest benefit is in the iterative orchestration of tasks.

Data Science 61

Data Science Machine Learning Cost-Benefit Deep Learning 61

AWS Big Data

JUNE 23, 2023

This blog post is co-written with Ori Nakar from Imperva. The pricing model for Redshift Serverless is based on storage utilization and the run of queries; idle compute resources have no associated cost. Imperva Cloud WAF protects hundreds of thousands of websites and blocks billions of security events every day.

Data Lake 66

Data Lake Cost-Benefit Dashboards Data Warehouse 66

IBM Big Data Hub

DECEMBER 15, 2022

By 2030, conversational AI chatbots and virtual assistants will handle 30% of interactions that would have otherwise been handled by a human agent—up from 2% in 2022. [i] Due to the maturity and complexity of the technology, it can take years to reap the full benefits of developing a conversational AI platform.

Visualization 73

Visualization Cost-Benefit ROI Interactive 73