Remove Business Objectives Remove Cost-Benefit Remove Data-driven Remove Technology
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IT Budgeting Practices for Data-Driven Companies

Smart Data Collective

Companies are investing more in big data than ever before. Last year, global businesses spent over $271 billion on big data. While there are many benefits of big data technology, the steep price tag can’t be ignored. We mentioned that data analytics offers a number of benefits with financial planning.

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Whether your technology is new or old, lifecycle management is key

CIO Business Intelligence

Does your organization see technology infrastructure as a commodity or as a strategic business enabler? The answer will shape your approach to infrastructure: you can keep legacy infrastructure going as long as you can, or you can pursue the cutting edge of technology. Legacy technology also affects sustainability.

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How Encored Technologies built serverless event-driven data pipelines with AWS

AWS Big Data

This post is a guest post co-written with SeonJeong Lee, JaeRyun Yim, and HyeonSeok Yang from Encored Technologies. Encored Technologies (Encored) is an energy IT company in Korea that helps their customers generate higher revenue and reduce operational costs in renewable energy industries by providing various AI-based solutions.

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Becoming a Data-Driven Organisation in 4 Steps

Alation

But what does it mean for an organisation to be truly data-driven? What foundation needs to be in place at the start, and what journey does an organisation need to embrace to benefit from the forensic insights their data can reveal? Step 1 – Be clear about your business objectives.

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The future of application delivery starts with modernization

IBM Big Data Hub

Three in four executives reported disparate systems in their organizations and that a lack of skills, resources and common operational practices challenge business objectives. But it’s clear that CIOs who prioritize modernization capture greater returns from business transformation. Executives know they must modernize.

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Why CIOs back API governance to avoid tech sprawl

CIO Business Intelligence

If companies want to input, leverage, and embed these digital brains into their business, they’ll need an API to connect the LLM to various business applications,” he says. But APIs do more than support next-generation technologies — they already serve a foundational purpose within most enterprises.

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Business Strategies for Deploying Disruptive Tech: Generative AI and ChatGPT

Rocket-Powered Data Science

Second, doing something new (especially something “big” and disruptive) must align with your business objectives – otherwise, you may be steering your business into deep uncharted waters that you haven’t the resources and talent to navigate.

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