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Generative AI gold rush drives IT spending — with payoff in question

CIO Business Intelligence

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. AI promises cost savings, productivity improvements, and better customer experiences, but CIOs need to figure out how to calculate the ROI , McDonald said.

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Innovative data integration in 2024: Pioneering the future of data integration

CIO Business Intelligence

According to a recent forecast by Grand View Research, the global serverless computing market is expected to reach a staggering $21.4 This approach offers several benefits, including scalability, cost-efficiency, and reduced maintenance overhead, as the cloud provider handles the infrastructure management and scaling.

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Best BI Tools Examples for 2024: Business Intelligence Software

FineReport

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making.

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Business process reengineering (BPR) examples

IBM Big Data Hub

This blog outlines some BPR examples that benefit from a BPM methodology. For example, predictive analytics can be used to forecast demand and optimize inventory levels, while blockchain technology can enhance transparency and traceability in the supply chain.

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The Impact of Healthcare BI Tools on Decision-Making and Patient Care

FineReport

Benefits of Healthcare Business Intelligence Tools Improved Decision-Making: Healthcare BI tools enable informed decision-making by providing real-time data analysis and predictive insights. Optimized Operational Efficiency: These tools streamline processes and resource allocation, leading to cost savings and improved resource utilization.

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9 CRM trends for 2024

CIO Business Intelligence

From market shifts to IT strategies, here are the hot CRM trends for 2024. Industry CRMs heed the call The increased verticalization of CRM is a key trend for 2024, says Forrester’s Leggett. This enables organizations to get up and running quicky and to realize the benefits quickly, says Leggett. “It

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Public cloud vs. private cloud vs. hybrid cloud: What’s the difference?

IBM Big Data Hub

A prime benefit of cloud computing for business is its flexibility for quickly and efficiently scaling resources to meet business demands, freeing organizations from investing time and expense into expanding their own physical IT infrastructure. Automation Automation tools are a significant feature of cloud-based infrastructure.