Smart Data Collective

AUGUST 23, 2023

One of the biggest ways that brands are using big data is by optimizing their approach to trade show marketing. One of the benefits is that data analytics helps measure the ROI of trade show marketing more effectively. This is one of the many benefits of big data in marketing.

Big Data 81

Big Data ROI Marketing Advertising 81

Smarten

MARCH 6, 2022

What happens is that your return on investment (ROI) plummets and your total cost of ownership (TCO) goes way up. So, how does one improve ROI and TCO for business intelligence and augmented analytics? But, there are worse things than user dissatisfaction; namely what happens when your users do not adopt the software.

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 53

Optimization Cost-Benefit Machine Learning ROI 53

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 74

ROI Business Objectives Cost-Benefit Enterprise 74

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

CIO Business Intelligence

JUNE 9, 2023

Without it, businesses incur steep costs, but the downside, or costs, are often unclear because calculating data management’s return on investment (ROI), or upside, is a murky exercise. For many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents.

Strategy 114

Strategy Management Key Performance Indicator ROI 114

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

CIO Business Intelligence

APRIL 29, 2024

The downside here is that while an application may run well enough on older versions, businesses with upgrade inertia are leaving themselves both vulnerable to the pitfalls of old software and unable to tap into the cost savings and improved performance that can better position them for success in competitive markets.

Cost-Benefit 122

Cost-Benefit Software ROI Enterprise 122

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 119

Cost-Benefit Measurement Optimization Metrics 119

CIO Business Intelligence

FEBRUARY 28, 2024

The technology allows for dynamic rerouting of traffic, prioritization of critical applications, and performance-based routing to optimize network efficiency. While SD-WAN may represent a higher initial investment compared to traditional routers, the long-term return on investment (ROI) is significant.

Cost-Benefit 97

Cost-Benefit Digital Transformation ROI Strategy 97

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 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. Do you provide indemnification in case of patent litigation?

ROI 52

ROI Cost-Benefit Testing Risk 52

datapine

JANUARY 31, 2022

Because things are changing and becoming more competitive in every sector of business, the benefits of business intelligence and proper use of data analytics are key to outperforming the competition. It will ultimately help them spot new business opportunities, cut costs, or identify inefficient processes that need reengineering.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

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. While this may seem counterintuitive because it requires an extra investment, the benefits often outweigh the costs.

Optimization 106

Optimization IT Big Data Cost-Benefit 106

datapine

OCTOBER 11, 2023

Keep on reading to learn a definition, benefits, and a warehouse KPI list with the most prominent examples any manager should be tracking to achieve operational success. Now, let’s look at some benefits to keep putting the power of warehouse key performance indicators into perspective. But how do you know which indicators to track?

Metrics 217

Metrics KPI Management Cost-Benefit 217

CDW Research Hub

SEPTEMBER 9, 2020

How tiering data using object storage can improve both flash storage performance and data center ROI. By using object storage to tier hot and cold data, many organizations can reap the benefits of optimized flash storage while still maintaining their data center’s ROI goals. Why optimized flash storage is important.

Optimization 52

Optimization ROI Cost-Benefit Interactive 52

datapine

APRIL 13, 2021

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! Agencies benefit from interactive dashboard tools to prove the success of their strategies and campaigns to clients.

Dashboards 256

Dashboards Reporting Analytics Cost-Benefit 256

datapine

SEPTEMBER 29, 2022

More generally, low-quality data can impact productivity, bottom line, and overall ROI. No, its ultimate goal is to increase return on investment (ROI) for those business segments that depend upon data. Industry-wide, the positive ROI on quality data is well understood. The 5 Pillars of Data Quality Management. 1 – The people.

Data Quality 241

Data Quality Metrics Data-driven Management 241

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 137

IT Cost-Benefit Digital Transformation ROI 137

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. Flexibility: Organizations can now choose the cloud environments that best suit their specific needs.

Management 76

Management Cost-Benefit Optimization ROI 76

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 132

Experimentation Cost-Benefit Data Lake Data Science 132

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. The decentralized resource provisioning approach, foundational to cloud solutions and infrastructure, faces a big challenge when it comes to governing the costs of on-demand resource allocation/utilization.

Analytics 76

Analytics Cost-Benefit ROI Business Objectives 76

CIO Business Intelligence

OCTOBER 30, 2023

Through VSM, they optimized resource utilization and reduced waste. Just the efficiencies gained from governing and staffing provided cost savings,” claimed Newman. What you see is maximizing the ROI.” The following are a few real-world examples of the gains leading companies are realizing.

Management 144

Management Digital Transformation Cost-Benefit ROI 144

datapine

SEPTEMBER 6, 2022

Modern content performance reports in the shape of an interactive online dashboard present an intuitive and accessible way to assess your content’s success and its ROI in real-time and in one centralized location. It can help you optimize each stage to make the process as efficient as possible. Let’s get started!

Dashboards 179

Dashboards Reporting ROI Metrics 179

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 121

ROI Cost-Benefit KPI Uncertainty 121

Smarten

AUGUST 28, 2023

If your business is looking for a competitive edge, and improved user adoption to increase Return on Investment (ROI) and decrease Total Cost of Ownership (TCO), embedded BI and analytics can go a long way toward achieving your goals. In this article, we look at some of the ways embedded BI can assist your business and your team.

ROI 52

ROI Cost-Benefit Business Intelligence Forecasting 52

Smart Data Collective

NOVEMBER 5, 2023

The digital marketing sector is among those most influenced by the benefits of analytics technology. The benefits are massive. Metrics such as click-through rates, conversion rates, ROI, and customer acquisition costs gives brands some insight on how their marketing campaigns went and what could be improved.

Marketing 106

Marketing Analytics ROI Data-driven 106

Smart Data Collective

DECEMBER 16, 2019

In the search for a solution that will access, organize, and cleanse their data, enterprises have no alternative but to invest in high-end data optimization software. This can only be achieved by having a system that will easily optimize data on your cloud and on-premises IT infrastructure resources.

Optimization 54

Optimization Enterprise Internet of Things Cost-Benefit 54

datapine

MAY 31, 2022

3) Cloud Computing Benefits. It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

AUGUST 4, 2022

Many companies that begin their AI projects in the cloud often reach a point when cost and time variables become issues. But as models and datasets grow, there’s a stifling effect associated with the escalating compute cost and time. That’s typically due to the exponential growth in dataset size and complexity of AI models. “In

Modeling 85

Modeling Cost-Benefit ROI Data Lake 85

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

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 126

Risk Management Risk Cost-Benefit Technology 126

Smart Data Collective

JANUARY 11, 2023

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. Data-driven marketers recognize the growing benefits of AI for creating great video content or even live-streaming video content.

Data-driven 99

Data-driven Marketing Advertising Big Data 99

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 88

Cost-Benefit ROI Modeling Testing 88

datapine

JANUARY 21, 2020

As a result, BI can benefit the overall evolution as well as the profitability of a company, regardless of niche or industry. Download here the top benefits cheat sheet, and start reporting! Benefits Of Business Intelligence And Reporting. Let’s see what the crucial benefits are: 1. What Is BI Reporting?

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

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 102

IT Digital Transformation IoT Cost-Benefit 102

Smarten

MARCH 19, 2019

In today’s competitive business market, every senior executive looks at risk, value and calculations like return on investment (ROI) and total cost of ownership (TCO) before approving a budget. When a business chooses a self-serve advanced analytics solution, the benefits go beyond cost-effective, collaborative tools.

ROI 40

ROI Analytics Cost-Benefit Predictive Modeling 40