Smarten

JANUARY 23, 2024

While there is still a ways to go before the use of AI is generally accepted as being dependable, the use of AI in analytics can be very beneficial today, with the promise of even more benefits in the future. Find out how Smarten Augmented Analytics Products can help your team and your organization.

Analytics 62

Analytics Machine Learning Cost-Benefit Advertising 62

Cloudera

OCTOBER 18, 2023

And just as financial services experiences its cycles, this time of year I find myself returning to the topic of cost reduction. These cutting-edge technologies provide lower-cost alternatives for discovering efficiencies within financial operations, all while enhancing the quality of services offered.

Cost-Benefit 76

Cost-Benefit Testing Machine Learning Optimization 76

Smart Data Collective

JULY 8, 2021

As humanity makes more and more progress with AI there is constant debate underway whether AI will turn on us in the future or they will benefit us. Let’s talk about some benefits and risks of artificial intelligence. Benefits of Artificial Intelligence: Reducing human error. Training and operation cost reduction.

Risk 141

Risk Cost-Benefit Machine Learning Deep Learning 141

Smart Data Collective

APRIL 10, 2020

Machine learning is helping companies in every sector optimize their business models. Machine learning advances are helping companies solve some of their most obvious problems. We want to cover the costs of both job scheduling and appointment scheduling issues in this post. The IRS imposed $29.3

Machine Learning 111

Machine Learning Cost-Benefit Big Data Forecasting 111

Smart Data Collective

MAY 11, 2023

Since the launch of Smart Data Collective, we have talked at length about the benefits of AI for mobile technology. Bhaval Patel of Space-O Technologies wrote a blog post about the growing importance of AI for mobile apps. Keep reading to learn more. These are just some of the benefits of using AI in the e-commerce sector.

Cost-Benefit 97

Cost-Benefit Optimization Data-driven Marketing 97

Cloudera

OCTOBER 4, 2023

We can also increase effectiveness of preventative maintenance — or move to predictive maintenance — of equipment, reducing the cost of downtime without wasting any value from healthy equipment. With this, we can reduce customer churn and overall network operational costs.

Data Warehouse 84

Data Warehouse Experimentation Cost-Benefit Dashboards 84

DataRobot Blog

AUGUST 18, 2022

Challenges in inventory management, demand forecasting, price optimization, and more can result in missed opportunities and lost revenue. According to McKinsey & Company, organizations that implement AI improve logistics costs by 15%, inventory levels by 35%, and service levels by 65% 2. Benefits of AI in Supply Chain.

Manufacturing 98

Manufacturing Cost-Benefit Forecasting Data-driven 98

IBM Big Data Hub

JANUARY 18, 2024

Chatbot benefits for customers Your customers enjoy numerous benefits, many of which also benefit your company in return. Benefits for your company AI chatbots respond quickly, accurately process natural human language and automate personalized experiences, offering numerous benefits and new opportunities to your organization.

Cost-Benefit 94

Cost-Benefit Interactive Sales Insurance 94

IBM Big Data Hub

DECEMBER 20, 2023

By giving machines the growing capacity to learn, reason and make decisions, AI is impacting nearly every industry, from manufacturing to hospitality, healthcare and academia. Without an AI strategy, organizations risk missing out on the benefits AI can offer. List issues AI can address and the benefits to be gained.

Strategy 78

Strategy Business Objectives Cost-Benefit Consulting 78

Cloudera

OCTOBER 6, 2022

Gartner : “Digital transformation can refer to anything from IT modernization (for example, cloud computing), to digital optimization, to the invention of new digital business models.”. CIO blog post : “Digital transformation is a foundational change in how an organization delivers value to its customers.”. Cost savings opportunities.

Digital Transformation 85

Digital Transformation Cost-Benefit Data Lake Machine Learning 85

IBM Big Data Hub

FEBRUARY 19, 2024

Effective SCM initiatives offer several benefits: Lower operational costs : By optimizing inventory levels , improving warehousing efficiency and streamlining order fulfillment processes, companies can save on storage, labor and transportation expenses.

Strategy 87

Strategy Management Forecasting Cost-Benefit 87

Smart Data Collective

APRIL 21, 2022

We have pointed out in the past that big data offers a number of benefits for online commerce. One of the most important benefits of data analytics pertains to optimizing websites for a good user experience. User experience optimization (UX) is becoming more important than ever. Leverage Machine Learning Technology.

Data Analytics 116

Data Analytics Analytics Big Data Machine Learning 116

IBM Big Data Hub

DECEMBER 1, 2023

The benefits of ERP include built-in business intelligence and access to real-time data, along with integrated machine learning capabilities unlike a legacy system. Benefits of on-premises Cost: Since the software is done on-premises there isn’t a monthly or annual subscription cost for the software.

Enterprise 93

Enterprise Cost-Benefit Consulting Software 93

Cloudera

OCTOBER 30, 2023

The public cloud is increasingly becoming the preferred platform to host data analytics – related projects, such as business intelligence, machine learning (ML), and AI applications. The main challenges are pointed out as a lack of resources/expertise, security, and from a different perspective, cloud cost management.

Analytics 75

Analytics Cost-Benefit ROI Business Objectives 75

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. For example, Singapore’s United Overseas Bank (UOB) used machine learning to operationalize analytics and provide insights to users across the bank.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

BizAcuity

JULY 13, 2021

Optimize your Go To Market: The gaming business consists of various applications like the gaming platforms (Casino, Live Dealer, Poker, Sports, Bingo, etc.), account platform, payment, affiliate, loyalty system, bonus and promotion systems, financial application, CRM system, and many others.

Optimization 52

Optimization Marketing Analytics Data Warehouse 52

CDW Research Hub

JULY 19, 2022

One item you must carefully choose when designing a cloud environment is the instance type for your virtual machines (VMs). You may ask yourself, “What benefits do certain instance types present to my environment?” Many benefits are essential to consider before beginning your cloud journey.

Cost-Benefit 72

Cost-Benefit Optimization Testing Machine Learning 72

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 97

Reporting Cost-Benefit Internet of Things Data-driven 97

IBM Big Data Hub

FEBRUARY 14, 2024

Using machine learning (ML), AI can understand what customers are saying as well as their tone—and can direct them to customer service agents when needed. Technical AI use cases Speed operations with AIOps There are many benefits to using artificial intelligence for IT operations (AIOps).

Cost-Benefit 87

Cost-Benefit Insurance Unstructured Data Machine Learning 87

IBM Big Data Hub

DECEMBER 5, 2023

With the rise of highly personalized online shopping, direct-to-consumer models, and delivery services, generative AI can help retailers further unlock a host of benefits that can improve customer care, talent transformation and the performance of their applications.

Unstructured Data 95

Unstructured Data Cost-Benefit Experimentation Machine Learning 95

IBM Big Data Hub

MAY 26, 2023

Cloud computing offers the potential to redefine and personalize customer relationships, transform and optimize operations, improve governance and transparency, and expand business agility and capability. Of these breaches, 45% were cloud-based, costing USD 10.10M on an average, per breach.

Consulting 78

Consulting Cost-Benefit Optimization Machine Learning 78

Smart Data Collective

MAY 16, 2022

AI can analyze data from a variety of sources to help businesses determine which benefits and salary levels will be most appealing to potential employees. In this blog post, we will discuss how AI is being used to create optimal employee compensation packages and the benefits this technology can offer your business.

Cost-Benefit 114

Cost-Benefit Machine Learning Marketing Advertising 114

Smart Data Collective

FEBRUARY 20, 2022

Its cost-effective service solutions ensure that you can optimize costs, organize data, and provide access controls to meet your business, organizational, and regulatory needs. While maintaining cost control, SaaS companies may have to innovate quickly. Benefits of using AWS for your SaaS company. Cost-effective.

Cost-Benefit 114

Cost-Benefit Data Lake Software Machine Learning 114

Cloudera

JANUARY 15, 2021

With the ability to quickly provision on-demand and the lower fixed and administrative costs, the costs of operating a cloud data warehouse are driven mostly by the price-performance of the specific data warehouse platform. higher cost. Remote read optimizations: IMPALA-8341: Data cache for remote reads.

Data Warehouse 92

Data Warehouse Cost-Benefit Consulting Interactive 92

IBM Big Data Hub

JULY 26, 2023

Discover the current and emerging use cases for AI in waste management, optimization, energy reduction and ESG reporting. AI solutions work by collecting asset performance data and feeding it into machine learning models, which can predict asset health and risk of failure. It’s not about minimizing travel.

Optimization 78

Optimization Manufacturing Cost-Benefit Reporting 78

IBM Big Data Hub

NOVEMBER 29, 2023

With the emergence of new advances and applications in machine learning models and artificial intelligence, including generative AI, generative adversarial networks, computer vision and transformers, many businesses are seeking to address their most pressing real-world data challenges using both types of synthetic data: structured and unstructured.

Metrics 87

Metrics Machine Learning Risk Statistics 87

IBM Big Data Hub

AUGUST 11, 2023

Machine learning (ML), a subset of artificial intelligence (AI), is an important piece of data-driven innovation. Machine learning engineers take massive datasets and use statistical methods to create algorithms that are trained to find patterns and uncover key insights in data mining projects. What is MLOps?

Data Science 57

Data Science Machine Learning Cost-Benefit Deep Learning 57

IBM Big Data Hub

APRIL 22, 2024

We use to collect data from 6,500+ utility bills we receive globally each year and summarize total energy consumption, cost, and renewable electricity purchases across to save many hours of calculations. This will help advance progress by optimizing resources used.

IoT 84

IoT Internet of Things Cost-Benefit Reporting 84

DataRobot Blog

MARCH 28, 2022

DataRobot provides a Machine Learning platform that allows data scientists and citizen data scientists to quickly and efficiently prepare, build and evaluate many competing models in order to identify the optimal algorithm to solve the use case. Learn more. Learn More About the AWS and DataRobot Technology Alliance.

Cost-Benefit 52

Cost-Benefit Machine Learning Data Processing Optimization 52

Cloudera

JANUARY 5, 2021

To enable these business capabilities requires an enterprise data platform to process streaming data at high volume and high scale, to manage and monitor diverse edge applications, and provide data scientists with tools to build, test, refine and deploy predictive machine learning models. .

Forecasting 90

Forecasting Cost-Benefit Sales Unstructured Data 90

IBM Big Data Hub

JULY 26, 2023

Digital twin technology, an advancement stemming from the Industrial Internet of Things (IIoT), is reshaping the oil and gas landscape by helping providers streamline asset management, optimize performance and reduce operating costs and unplanned downtime. Drilling operations optimization : Drilling operations are complex and costly.

Technology 56

Technology Cost-Benefit Optimization Internet of Things 56

IBM Big Data Hub

JUNE 29, 2023

When a critical asset like an expensive piece of machinery or infrastructure breaks unexpectedly, it affects customers and can cost companies millions. Enterprises are constantly looking for new ways to optimize performance, increase reliability and extend asset lifespans—all without adding unnecessary costs.

Cost-Benefit 85

Cost-Benefit Measurement Management Predictive Analytics 85

IBM Big Data Hub

SEPTEMBER 12, 2023

Automation streamlines the root-cause analysis process with machine learning algorithms, anomaly detection techniques and predictive analytics, and it helps identify patterns and anomalies that human operators might miss. Cost-effectiveness: Manual observation may require dedicated personnel, leading to increased labor costs.

Data-driven 70

Data-driven Cost-Benefit Predictive Analytics Machine Learning 70

IBM Big Data Hub

JUNE 20, 2023

The following are the six stages of asset lifecycle management: Planning: In the first stage of the asset lifecycle, stakeholders assess the need for the asset, its projected value to the organization and its overall cost. Reduced maintenance costs and downtime: Monitor assets in real time, regardless of complexity.

Strategy 76

Strategy Management Cost-Benefit IoT 76

CIO Business Intelligence

SEPTEMBER 8, 2022

For several decades this has been the story behind Artificial Intelligence and Machine Learning. As Andy Jassy, CEO of Amazon, said, “Most applications, in the fullness of time, will be infused in some way with machine learning and artificial intelligence.”.

Machine Learning 115

Machine Learning Cost-Benefit Data-driven Digital Transformation 115

IBM Big Data Hub

AUGUST 16, 2023

There are many reasons why organizations have embraced cloud services, including improved efficiencies, cost savings, scalability, flexibility and quicker time-to-market. In addition, companies can run up cloud costs because they provision more resources than necessary for their normal business functions.

Cost-Benefit 68

Cost-Benefit Data Processing Optimization Software 68

Cloudera

MARCH 22, 2023

Data services and workloads cover ingesting data, enriching it, making it available for analysis in (operational) dashboards, or using it to build AI and machine learning models. Within CDP, Workload Manager provides workload observability to ensure optimal performance, reduced downtime, and improved resource utilization.

Metrics 85

Metrics Data Governance Cost-Benefit Dashboards 85