IBM Big Data Hub

JANUARY 30, 2024

Increasingly, enterprise organizations are adopting a multicloud approach—the use of cloud services from more than one cloud vendor—to optimize performance, control costs and prevent vendor lock-in. Uncontrolled costs: More clouds and cloud services translate into more cloud bills. to total $678.8 billion in 2023.

Strategy 93

Strategy Cost-Benefit Risk Optimization 93

bridgei2i

MAY 17, 2021

AI is becoming a powerful ally of the finance sector, offering the opportunity for better and more customized services, cost reduction, examine cash, credit, and investment changes in real-time, and generating new revenue streams. There are multiple benefits of AI in the finance industry. AI And Risk Management.

Finance 52

Finance Risk Management Unstructured Data Cost-Benefit 52

datapine

MARCH 31, 2022

To understand this concept in a practical context, check out this video featuring an explanation from analyst Sonya Fournier: Now that we’ve explored BI in a real-world professional context, let’s look at the benefits of embarking on this occupation. They can help a company forecast demand, or anticipate fraud. It’s Flexible.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

CIO Business Intelligence

DECEMBER 7, 2022

We haven’t changed our forecast in three quarters,” he says, noting that the US gross domestic product (GDP) is, technically, already in recession territory and has been for the past six months. Cloud-related services’ cost has risen by between 5% and 7% this year compared to last, IDC says.

IT 131

IT Insurance Cost-Benefit Risk Management 131

CIO Business Intelligence

DECEMBER 5, 2022

Project management steps Project management is broken down into five phases or life cycle. Each phase intersects with any of 10 knowledge areas, which include: integration, scope, time, cost, quality, human resources, communication, risk procurement, and stakeholder management. Revisit, review, re-forecast.

Management 125

Management Cost-Benefit Key Performance Indicator Software 125

Jet Global

JANUARY 11, 2021

There are obviously some core functions associated with the CFO position, such as producing clear, accurate financial statements, attending to cash flow and the efficient use of working capital , risk management, responsibility for tax and compliance , and ensuring that the necessary internal controls are in place.

Analytics 75

Analytics Key Performance Indicator Finance Risk Management 75

Smart Data Collective

FEBRUARY 2, 2021

For businesses, the advent of Big Data offers several key benefits, including helping them with customer acquisition, lead generation, targeted marketing campaigns, identifying potential opportunities and challenges , and creating new products based on the needs of the market. The post What Are the Industries That Benefit Most from Big Data?

Big Data 84

Big Data Recreation/Entertainment Cost-Benefit Finance 84

CIO Business Intelligence

APRIL 12, 2022

Specifically, they’re looking at these areas: Centralized supply chain planning Advanced analytics Reskilling the labor force for digital planning and monitoring In the never-ending hunt for maximum efficiency and cost savings, supply chain digitization correlates closely with smart manufacturing processes.

IoT 100

IoT Analytics Manufacturing Cost-Benefit 100

DataRobot Blog

SEPTEMBER 13, 2022

BARC ANALYST REPORT. Automation also makes AI-driven forecast models possible at scale, which further minimizes your costs by accurately forecasting demand. Automation also makes AI-driven forecast models possible at scale, which further minimizes your costs by accurately forecasting demand.

Forecasting 52

Forecasting Data-driven Machine Learning Optimization 52

Ontotext

APRIL 6, 2023

For some time, the manufacturing industry has been benefiting significantly from knowledge graph technology. But we are also happy to report that some of the biggest car manufacturers leverage Ontotext’s RDF database for knowledge graphs GraphDB in their technology. But the benefits of knowledge graphs don’t stop there.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

FineReport

APRIL 9, 2024

Comparing leading BI tools provides valuable insights into the diverse capabilities and features available for data analysis and reporting. These benefits include enhanced operational efficiency through streamlined processes and optimized resource allocation.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

CIO Business Intelligence

SEPTEMBER 20, 2023

Equally important, the documented vision is a tool for agile teams to make implementation decisions when there are multiple ways to solve problems, each with different benefits and tradeoffs. The writing process builds trust, and a documented vision builds a shared understanding of priorities.

Digital Transformation 119

Digital Transformation Uncertainty Metrics Business Objectives 119

Jet Global

APRIL 5, 2021

Executives typically use financial models to make decisions regarding: Budgeting and forecasting. Risk management. That means the FP&As are the people creating the budget and performing financial forecasting to help the CFO and other members of senior management understand the company’s financial situation.

Modeling 98

Modeling Forecasting Metrics Finance 98

IBM Big Data Hub

FEBRUARY 13, 2024

It assists in structural optimization which ensures that products are strong, durable and use minimal material, leading to considerable cost reductions. Project management and operations : Generative AI tools can support project managers with automation within their platforms.

Enterprise 120

Enterprise Modeling Testing Data-driven 120

Jet Global

AUGUST 13, 2020

No matter the type of audit, your organization will benefit from a robust audit planning process that creates a clearly defined audit trail. This not only streamlines your audit planning process, but it also benefits the finance department. Integrating your audit and financial planning processes has its benefits.

Enterprise 98

Enterprise Finance Cost-Benefit Risk 98

Jet Global

MAY 9, 2024

Data pipelines are designed to automate the flow of data, enabling efficient and reliable data movement for various purposes, such as data analytics, reporting, or integration with other systems. ETL pipelines are designed to prepare data for analysis, reporting, or other business intelligence applications.

Data Lake 52

Data Lake Data Warehouse Business Intelligence Machine Learning 52

Jet Global

JUNE 21, 2021

Learn why tax is playing an important part in enterprise risk management. The cost of World War I and post-war reconstruction helped create modern corporate taxation. But it’s clear to see that the direction of future travel is only going to be one way, from current tax returns to something more akin to real-time reporting.

Recreation/Entertainment 98

Recreation/Entertainment Digital Transformation Finance Reporting 98

Andrew White

JANUARY 11, 2021

What is unique about the D&A Leadership Vision is that it crossed over into business since for many organizations, the CDO reports into the CEO or COO (as examples). The fill report is here: Leadership Vision for 2021: Data and Analytics. With a success behind you, sell that experience as the kind of benefit you can help improve.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52