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Rising Tide Rents and Robber Baron Rents

O'Reilly on Data

But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. Back in 1971, in a talk called “ Designing Organizations for an Information-rich World ,” political scientist Herbert Simon noted that the cost of information is not just money spent to acquire it but the time it takes to consume it. “In

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Telefonica is working to help enterprises decarbonize their operations

CIO Business Intelligence

Since 2016, we have reduced all our emissions by 51%, and in our primary markets, 100% of the electricity we consume comes from renewable sources. They also help us reduce our costs and optimize our processes – a differentiator that helps us compete even more effectively on the global stage.

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Cloud-Based GPS Tracking Revolutionizes Excavation Projects

Smart Data Collective

We previously wrote about the benefits of using GPS data for geolocation optimization to improve automotive design , but the role of GPS data is more significant with managing excavation projects. One of the biggest benefits of cloud technology in this industry pertains to the use of GPS technology.

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Belcorp reimagines R&D with AI

CIO Business Intelligence

The second stage focused on building algorithms and models to predict and simulate intricate biological conditions, accelerate discoveries, reduce risks, and optimize the cost-benefit ratio of technological developments using AI solutions. “This allowed us to derive insights more easily.”

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The current state of data storytelling and its analytical requirements

BI-Survey

T he ultimate goal of data-driven decision support is to gain tangible benefits from analytics. The value of information and how it is used to save costs (e.g., optimization) or increase revenues (e.g., new offerings) show how effectively organizations use their information assets.

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Big Data: The Technology Behind Retailers Success

Smart Data Collective

Here’s a brief overview of the top benefits it brings: A better understanding of the customer. Setting the optimal prices. Apart from all-above pros of big data, leading global retailers use it to their benefit in the unique way. This global coffee brand has increased its revenue by 26% from 2016 to 2019.

Big Data 124
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Real-time artificial intelligence for everyone

CIO Business Intelligence

Still, most companies have not yet benefited from real-time AI. The future is bright We believe every company should be able to deploy real-time AI at 3X the scale and half the cost. Chet successfully took Apigee public before the company was acquired by Google in 2016. Our new mandate is clear: Real-time AI for everyone.