Smart Data Collective

DECEMBER 15, 2021

But driving sales through the maximization of profit and minimization of cost is impossible without data analytics. Whether marketers intend to reach new customers or persuade the existing ones, here are ways analytics is boosting returns on investment (ROI): 1. Enhanced Supply Management. Increased Customer Growth.

ROI 117

ROI Marketing Data Analytics Analytics 117

Smart Data Collective

AUGUST 3, 2023

Its implementation offers numerous benefits and applications that streamline operations and enhance efficiency. Fleet administration includes vehicle maintenance, fuel tracking, and driver management. Fleet managers increasingly turn to cutting-edge technologies to boost productivity and save costs.

Technology 84

Technology Management Cost-Benefit Manufacturing 84

CIO Business Intelligence

SEPTEMBER 14, 2023

In a rapidly evolving business landscape, where innovation and cost efficiency are paramount, the launch of VMware Cross-Cloud managed services at VMware Explore 2023 Las Vegas is a pivotal moment.

Management 68

Management Cost-Benefit Optimization ROI 68

Smarten

MARCH 6, 2022

Business managers, owners and senior executives really want to do the right thing! A business manager, IT team or executive team knows well how difficult it is to engender change in the organization and, if you are asking a team member to learn a difficult, new software product, it is not likely you will be successful.

Business Intelligence 76

Business Intelligence ROI Analytics Digital Transformation 76

IBM Big Data Hub

AUGUST 8, 2023

However, while Kubernetes offers an array of benefits in terms of application management and development efficiency, its implementation is not without challenges. As more businesses migrate to Kubernetes-driven environments, an unintended consequence has become increasingly apparent: a surge in cloud costs.

Optimization 54

Optimization Cost-Benefit Machine Learning ROI 54

CIO Business Intelligence

JUNE 6, 2023

By using a simple equation, the value calculator provides a quantitative estimate of the potential return on investment (ROI) of a particular initiative. They buy according to customer value, that is, the difference between the benefits a company gives customers and the price it charges. Value is all about the cost/benefit analysis.

Optimization 52

Optimization Cost-Benefit ROI Data-driven 52

IBM Big Data Hub

MARCH 14, 2024

However, while embracing hybrid cloud might be intrinsic, clients continually seek to derive business value and higher return on investment (ROI) from their investments. The lack of ROI progress can be attributed to several factors, including slow adoption, unrealized use cases and unaddressed cloud sprawl.

ROI 76

ROI Business Objectives Cost-Benefit Enterprise 76

CIO Business Intelligence

FEBRUARY 28, 2024

The traditional method of managing routers at each branch is replaced by a central controller overseeing all routers. SD-WAN emerges as a game-changer in this context, offering intelligent traffic management and enhanced high availability.

Cost-Benefit 92

Cost-Benefit Digital Transformation ROI Strategy 92

IBM Big Data Hub

JUNE 20, 2023

Whether you’re a small enterprise with only a few assets or a large-scale corporation with offices spanning the globe, asset lifecycle management, or ALM, is a fundamental part of your operations. What is asset lifecycle management? Here’s what you need to know in order to build a successful strategy. What is an asset?

Strategy 77

Strategy Management Cost-Benefit IoT 77

CIO Business Intelligence

JANUARY 10, 2024

Migrating infrastructure and applications to the cloud is never straightforward, and managing ongoing costs can be equally complicated. Plus, you need to balance the FinOps team’s need for autonomy against the CIO’s need for centralized control to gain economies of scale and avoid runaway costs. Then there’s housekeeping.

Cost-Benefit 110

Cost-Benefit Measurement Optimization Metrics 110

Smart Data Collective

MAY 28, 2019

They are able to use analytics and other data insights to bolster customer service, reduce marginal operating costs and scale production. One of the biggest benefits of big data is in the arena of digital marketing. Big Data Drives the ROI of Digital Marketing. Cost-effectiveness. Here are some factors to be aware of.

ROI 87

ROI Big Data Marketing Advertising 87

IBM Big Data Hub

MAY 17, 2024

” Given the statistics—82% of surveyed respondents in a 2023 Statista study cited managing cloud spend as a significant challenge—it’s a legitimate concern. Optimized: Cloud environments are now working efficiently and every new use case follows the same foundation set forth by the organdization.

Modeling 82

Modeling Cost-Benefit Optimization Digital Transformation 82

Smarten

DECEMBER 20, 2022

SO…when considering options for business intelligence and augmented analytics, your business must satisfy the needs and expectations of your team, or it risks investing in products and solutions that will reap poor return on investment (ROI), poor total cost of ownership (TCO) and poor user adoption.

ROI 52

ROI Cost-Benefit Data-driven Business Intelligence 52

CIO Business Intelligence

DECEMBER 5, 2023

Some organizations have been innovating, transforming, and growing so fast that they haven’t had time to clear up older cost structures that start getting in the way,” says Stewart Buchanan, research vice president on Gartner’s CIO team. Each dollar of operational cost reduction drips directly to the bottom line.”

IT 133

IT Cost-Benefit ROI Digital Transformation 133

datapine

APRIL 13, 2021

But how do you manage all your new clients while still focusing on giving them a good service and their expected results? Starting with its definition, following with the benefits of agency reports, a list of tools, and a set of agency dashboard examples. Explore our 14 days free trial & benefit from interactive agency reports!

Dashboards 256

Dashboards Reporting Analytics Cost-Benefit 256

CIO Business Intelligence

DECEMBER 4, 2023

Companies typically change Java providers to reduce their total cost of ownership, but they often realize unanticipated benefits including enhanced security readiness, improved performance, and often cloud cost optimization. Application Management Do you provide indemnification in case of patent litigation?

ROI 52

ROI Cost-Benefit Testing Risk 52

Smart Data Collective

JANUARY 27, 2022

They have heard that big data can be useful, so they invest in it without much consideration for their ROI. Not only will this improve productivity, but it can also lead to cost savings down the road. The same principle applies to other types of software as well including HR management systems and accounting tools.

Optimization 106

Optimization IT Big Data Cost-Benefit 106

CIO Business Intelligence

MAY 9, 2024

Driving business benefits Companies seeking CAIOs are looking to reap myriad benefits from AI adoption, ranging from improved decision-making, to increased efficiency of business processes, higher-quality services, profitability, talent management, customer experience, and innovation.

Risk Management 133

Risk Management Risk Cost-Benefit Technology 133

Cloudera

OCTOBER 30, 2023

The main challenges are pointed out as a lack of resources/expertise, security, and from a different perspective, cloud cost management. Besides the advantages and changes in the technical aspects cloud brings, it imposes a paradigm shift from the traditional way of managing costs and procurement. Why FinOps?

Analytics 75

Analytics Cost-Benefit ROI Business Objectives 75

CIO Business Intelligence

MAY 23, 2022

Enterprises moving their artificial intelligence projects into full scale development are discovering escalating costs based on initial infrastructure choices. Many companies whose AI model training infrastructure is not proximal to their data lake incur steeper costs as the data sets grow larger and AI models become more complex.

Experimentation 123

Experimentation Cost-Benefit Data Lake Data Science 123

CIO Business Intelligence

MAY 9, 2023

Like most CIOs you’ve no doubt leaned on ROI, TCO and KPIs to measure the business value of your IT investments. Of late, concerns about the public “cloud-first” approach have emerged to challenge business value and skewer ROI, TCO and KPIs. Others conducted apples-to-apples comparisons of public cloud versus on-premises costs.

ROI 112

ROI Cost-Benefit KPI Uncertainty 112

Smarten

MAY 5, 2023

Embedded BI Goes Beyond Technology ROI to Improve Clarity, Agility and Productivity! If your organization hasn’t considered Embedded Business Intelligence (BI), it may be time for you to acknowledge the benefits and begin the process of integrating Embedded BI into your technology and business process strategy.

ROI 67

ROI Cost-Benefit Software Reporting 67

Smart Data Collective

DECEMBER 16, 2019

Most importantly, as the data which enterprises rely on increases, it has become necessary to embrace better techniques for managing all this information. Data management is, therefore, the bedrock of business IT systems as it offers a channel that gives meaning to all the information in a database.

Optimization 54

Optimization Enterprise Internet of Things Cost-Benefit 54

DataRobot Blog

AUGUST 18, 2022

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

Manufacturing 98

Manufacturing Cost-Benefit Forecasting Data-driven 98

IBM Big Data Hub

OCTOBER 25, 2023

First, technology leaders need to estimate the full financial impact of modernization (versus the cost of not modernizing) across the organization. Code generation: Code generation helps IT leaders overcome challenges related to developer bandwidth and optimizing the skills of a limited talent pool.

Cost-Benefit 89

Cost-Benefit ROI Modeling Testing 89

CIO Business Intelligence

DECEMBER 29, 2023

“The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Building and deploying intelligent automation CIOs will need to operate more efficiently by accelerating the benefits of automation.

Cost-Benefit 132

Cost-Benefit Digital Transformation Consulting Strategy 132

Smart Data Collective

JANUARY 11, 2023

Many businesses are taking advantage of big data to improve their marketing and financial management practices. Some of the case studies on the benefits of data-driven marketing are quite promising. Most of the discussions on the benefits of big data in marketing focus on technology businesses. Businesses spent over $14.2

Data-driven 99

Data-driven Marketing Advertising Big Data 99

datapine

APRIL 12, 2023

In November, while running an advertising campaign that cost $1,500, the retailer sells $20,000 worth of ethical sweaters online. The only way to prove to managers, decision-makers, and investors that your strategies are worth the investment is through financial returns, therefore, monitoring incremental sales is a fundamental practice.

Sales 176

Sales KPI Metrics Cost-Benefit 176

datapine

MARCH 27, 2019

By managing customer data the right way, you stand to reap incredible rewards. This consumer-centric information, if well-managed, can form the building block of a business’s long-term success. Customer data management is the key to sustainable commercial success. What Is Customer Data Management (CDM)?

Management 129

Management Data-driven Dashboards Visualization 129

CIO Business Intelligence

FEBRUARY 22, 2024

Getting AI off the ground After several years of innovating in AI, Ferrovial can cite many examples of projects and services benefitting from it. “If So projects to analyze huge amounts of data in multiple formats already in production are now considerably more efficient and cost effective.

IT 94

IT Digital Transformation IoT Cost-Benefit 94

CIO Business Intelligence

AUGUST 23, 2022

By: Amrita Shergill, Account Manager, NaaS and Ecosystem Sales at Aruba, a Hewlett Packard Enterprise Company. Post pandemic trends have accelerated the need for agility in IT, network procurement, and management. Additionally, the NaaS provider removes the traditional challenges of managing/operating networks.

Cost-Benefit 96

Cost-Benefit Business Objectives ROI Risk 96

BizAcuity

JULY 22, 2019

Fleet management is the latest to join this revolution. Today, the science and study of fleet management is transforming the way traditional fleets were managed. The confluence of connected gadgets, networks, and its consequent by-product of big data is enhancing the impact of fleet management.

IoT 93

IoT Management Internet of Things Optimization 93

CIO Business Intelligence

JUNE 21, 2023

At the same time, the tech sector is facing a severe skills shortage, with The Financial Times reporting managers having a harder, not easier, time finding the talent they need despite all the headlines of layoffs. Speak their language: Frame your arguments in terms of business outcomes and financial benefits.

Modeling 104

Modeling Cost-Benefit ROI Digital Transformation 104

CIO Business Intelligence

FEBRUARY 7, 2024

API-first development yields a multitude of benefits, he adds, including abstraction of the underlying data, increased automation, better governance over data usage, and a more accessible audit trail. In the wake of managing many new APIs, additional operational overheads are incurred, says Pure Storage’s Bhat.

Business Objectives 121

Business Objectives Cost-Benefit Strategy Data-driven 121

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 69

Cost-Benefit Data Processing Optimization Software 69

CIO Business Intelligence

JULY 17, 2023

Professional investors factor in certain financial targets and risk tolerance as they pursue maximum ROI. Like investors, they seek optimal outcomes while minimizing risks. This includes migrating to different tools, based on changing requirements such as performance, latency, resiliency, and security, as well as cost efficiency.

Cost-Benefit 73

Cost-Benefit Optimization ROI Strategy 73

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 86

Cost-Benefit Measurement Management Predictive Analytics 86