CIO Business Intelligence

OCTOBER 20, 2023

Nearly 40% of the company’s business processes have now been digitized, and filing claim time — a key measure of customer satisfaction — has been reduced from four minutes to 43 seconds, according to the company. informally dubbed MyStory, which vastly reduces the time for customers to report a claim after an accident or incident.

Digital Transformation 136

Digital Transformation Insurance Recreation/Entertainment Machine Learning 136

IBM Big Data Hub

AUGUST 9, 2023

Since 2019, the number of phishing attacks has grown by 150% percent per year— with the Anti-Phishing Working Group (APWG) reporting an all-time high for phishing in 2022 , logging more than 4.7 Why phishing simulations are important Recent statistics show phishing threats continue to rise. million phishing sites.

Testing 82

Testing Measurement Behavioral Analytics Reporting 82

Smart Data Collective

MARCH 15, 2023

This entails implementing a wide range of robust security measures that can protect cloud infrastructure, applications, and data from advanced cyber threats. Cyber attackers are continuously devising new and sophisticated techniques to gain access to sensitive information, which underscores the need for strong cloud data security measures.

Risk 92

Risk Measurement Visualization Management 92

Cloudera

NOVEMBER 16, 2020

Globally, RGA research shows that 3.58% of all claims are fraudulent, and underwriting fraud is reported in 1.38% of all underwriting cases. . million in 2019 to $7.9 from 2019 to 2024. Yet, fraud in the U.S. is relatively low compared to other fast-growing markets such as APAC. million by 2024, a CAGR of 25.8%

Insurance 97

Insurance ROI Marketing Machine Learning 97

AWS Big Data

FEBRUARY 1, 2024

The following are some of the key business use cases that highlight this need: Trade reporting – Since the global financial crisis of 2007–2008, regulators have increased their demands and scrutiny on regulatory reporting. You can run a direct query from QuickSight for BI reporting and dashboards.

Data Warehouse 124

Data Warehouse Dashboards Risk Management Risk 124

CIO Business Intelligence

DECEMBER 28, 2023

While many leaders had been practicing green IT for years, as of 2023, it became imperative to measure it, quantify it, and report on it,” says Herringshaw. Starlink, which began launching satellites in 2019, now has over 5,500 satellites in low earth orbit (LEO), making their services very useful in remote locations.

IT 127

IT Manufacturing Machine Learning IoT 127

Smart Data Collective

SEPTEMBER 22, 2021

In this blog post, we discuss the key statistics and prevention measures that can help you better protect your business in 2021. In the following section, we take a deep dive into the key trends that you should be aware of and the prevention measures to keep them at bay. In 2019, the number of people affected by cyber fraud in the U.S.

Statistics 107

Statistics Risk Measurement Software 107

Jedox

APRIL 2, 2020

In partnership with Microsoft Azure and NetApp , Jedox is blazing the trail forward to use cloud native technology to continue meeting the demands of a fast-changing world that often includes measurable uncertainties. These are crucial capabilities for businesses when facing numerous uncertain variables in their planning and reporting.

Digital Transformation 89

Digital Transformation Uncertainty Reporting Optimization 89

Data Insight

AUGUST 25, 2019

In this years Big Data and AI Executive Survey 2019 of C-Suite leaders, 48% say their organisation competes on data and analytics. 62% have already seen measurable results from their investments in big data and AI. The report noted firms need to adopt a long-term approach, focusing on people and processes as a starting point.

Big Data 40

Big Data Reporting Data-driven Data Processing 40

Jet Global

AUGUST 23, 2021

Here are the challenges faced: The accuracy of reports must always be checked. These tools lack a dynamic approach that can be a genuine obstacle to the generation of accurate reports. Data quality is a central point for producing quality reports that can be used effectively in decision-making. Improve collaborative measures.

Finance 52

Finance Reporting Data Collection Data Quality 52

CIO Business Intelligence

JUNE 13, 2022

You have to think about the day-to-day life of a clinician,” the COO of German software development company XANTAS AG observed, “and how laboratory values (measurements determining a patient’s health) can be overlooked. The CDSS was launched in 2019 in a hospital system that contained 50,000 cases. Power of knowledge.

Data Warehouse 94

Data Warehouse Software Manufacturing Machine Learning 94

CIO Business Intelligence

JULY 5, 2022

Business analytics can help you improve operational efficiency, better understand your customers, project future outcomes, glean insights to aid in decision-making, measure performance, drive growth, discover hidden trends, generate leads, and scale your business in the right direction, according to digital skills training company Simplilearn.

Business Analytics 132

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 132

CIO Business Intelligence

OCTOBER 23, 2023

In the Equinix 2023 Global Tech Trends Survey (GTTS), 68% of global IT leaders said that the environmental impact of their IT equipment and infrastructure is something they measure and actively try to limit. We reduced operational emissions (Scope 1 and Scope 2) by 23% from our 2019 baseline.

Enterprise 121

Enterprise Digital Transformation Strategy Data Processing 121

CIO Business Intelligence

OCTOBER 5, 2023

What used to take attackers at least two months to deploy in 2019 is only taking them under four days in 2021. This is bolstered by generative AI to help prepare notes and reports automatically. Consider how the time to execute ransomware attacks has been reduced by 94 percent.

Technology 123

Technology Digital Transformation Data-driven Modeling 123

Domino Data Lab

JUNE 13, 2019

This has led to researchers to look for ways to address the rising danger of overfitting by reconstructing datasets, measuring the accuracy, and then sharing their process. “Hundreds of publications report increasingly good performance on this same test set [10,000 samples]. — Yann LeCun (@ylecun) May 29, 2019.

Testing 83

Testing Data Science Experimentation Metadata 83

CIO Business Intelligence

DECEMBER 9, 2022

A recent report from Korn Ferry Institute predicts that by 2030 the tech industry labor-skill shortage will reach 4.3 Re-thinking work management and motivation Right now, many employees and employers are not on the same page regarding productivity and performance measurement, pay, and commuting and remote work issues.

Strategy 141

Strategy Technology Management Measurement 141

CIO Business Intelligence

JULY 13, 2022

Back in 2019, a letter to the US Financial Stability Oversight Council requested the major cloud service providers be designated as systemically important financial market utilities. . What are we doing to get ready for new compliance measures when the regulators tell us we have too many eggs in one basket?

Insurance 93

Insurance Risk Marketing Data Processing 93

Smart Data Collective

JUNE 27, 2022

In fact, according to Gartner , it is expected that business owners will spend $750 million on investing in ineffective features of IT tools, up from $600 million in 2019. They implement the best practices and regularly measure the performance to understand which areas need improvement.

Data-driven 108

Data-driven Management IT Big Data 108

CIO Business Intelligence

NOVEMBER 7, 2022

Panorama Consulting Solutions, which regularly surveys businesses on the outcomes of their ERP projects, shows in its 2022 report that 81% of projects met ROI expectations a year or more after go-live. But in early November Asali said the new ERP system had started to deliver better and faster measurement of productivity and KPIs.

Manufacturing 128

Manufacturing Cost-Benefit Sales Consulting 128

CIO Business Intelligence

APRIL 26, 2023

Founded in 2019, the company seized its greenfield opportunity to rethink and redesign the press shop as part of a cloud-first development strategy. SAP assures its customers this will help buyers see how they can better comply with ​​due diligence and report against the background of new ESG laws.

Manufacturing 84

Manufacturing Optimization Digital Transformation Metrics 84

Cloudera

JUNE 22, 2022

Back in 2019, a letter to the US Financial Stability Oversight Council requested the major cloud service providers be designated as systemically important financial market utilities. . What are we doing to get ready for new compliance measures when the regulators tell us we have too many eggs in one basket?

Insurance 82

Insurance Risk Marketing Data Processing 82

Jet Global

MAY 6, 2020

Hospital operating margins fell by 21 percent in 2019 after years of consistent decline. Error Claim Rate – Measuring how frequently claims end in denial or rejection because of an error during filing is the first step toward moving this metric in a positive direction.

Metrics 64

Metrics Finance Reporting Measurement 64

Smart Data Collective

DECEMBER 18, 2020

However, Search Engine Journal reports that the issue isn’t directly the fault of any frailty within Google Analytics itself, rather it exploits the trusted status given to the analytics engine by all browsers in order to steal information from hacked sites by utilizing Google Analytics as a middleman for transferring that data.

Analytics 84

Analytics Broadcasting Measurement Data Processing 84

Cloudera

NOVEMBER 15, 2021

For example, the number of hyperscale centres is reported to have doubled between 2015 and 2020. However –and this is one of the challenges for businesses– there is an ongoing shift in the world from structured to unstructured data, as reported by IDC. The rate of data growth is reflected in the proliferation of storage centres.

Unstructured Data 86

Unstructured Data Recreation/Entertainment Structured Data Reporting 86

Paul Blogs on BI

JULY 8, 2019

The BusinessObjects community gathering at IBIS 2019 was totally amazing and, once again, walked away with the “Best IBIS Ever” accolade. The theme of IBIS 2019 was “ What does flying look like.” The new HTML5 user interface revolutionizes both the power and capabilities of interacting with Web Intelligence reports.

Dashboards 53

Dashboards Snapshot Business Intelligence Visualization 53

Cloudera

MAY 9, 2019

The number one challenge that enterprises struggle with their IoT implementation is not being able to measure if they are successful or not with it. The report created a readiness model with five dimensions and various metrics under each dimension. Based on your responses, an assessment report will be created.

IoT 53

IoT Modeling Metrics Measurement 53

Smart Data Collective

NOVEMBER 9, 2021

According to the National Safety Council ( NSC ), over 300 drivers were killed in America by distracted driving involving a cell phone in 2019, and there were tens of thousands of non-fatal crashes involving cell phone usage in the same year. They said that the app collects data on driving behaviors and reports issues of distracted driving.

Big Data 131

Big Data Manufacturing Risk Insurance 131

Smart Data Collective

JUNE 12, 2019

Last year, the Washington Post reported that they adopted some new big data security standards. However, there are still a lot of measures that Gmail users themselves need to take. Gmail security needs to be one of your biggest concerns in 2019. Be grateful that big data is improving email security in 2019!

Big Data 93

Big Data Machine Learning Predictive Analytics Software 93

FineReport

FEBRUARY 25, 2020

Only by knowing the epidemic situation in time can we deploy timely prevention and control measures. Note: All the mobile forms in this article were made with the BI reporting & dashboard software FineReport. You can download it to practice making mobile forms, charts, reports and dashboards. Health information collection.

Data Collection 96

Data Collection IT Dashboards Reporting 96

IBM Big Data Hub

MARCH 8, 2024

Since its release in 2019, 5G broadband technology has been hailed as a breakthrough technology with big implications for both consumers and businesses. Lower latency: 5G’s low latency , a measurement of the time it takes data to travel from one location to another, is a significant upgrade over previous generations.

IoT 110

IoT Broadcasting Internet of Things Technology 110

Smart Data Collective

JUNE 3, 2021

According to a study by Capgemini (2019), 34% of respondents from insurance companies confirm the use of machine learning (AI) in operations. Banks and insurance firms are deriving high benefits from AI in customer engagements, yet the initiatives are not scaled,” the report states.

Insurance 98

Insurance Machine Learning Cost-Benefit Risk 98

CIO Business Intelligence

JANUARY 12, 2023

In last year’s Digitization of African Agriculture report, which the ACP compiles, it details how 33 million small-scale farmers and pastoralists registered with Digital for Agriculture (D4Ag) solutions across the continent in 2019, adding that it’s expected to rise to 200 million by 2030.

IoT 143

IoT Consulting Internet of Things Technology 143

Smart Data Collective

AUGUST 7, 2019

In 2019, big data technology is paramount in business. With the right log management tool, IT admins can easily access ready-made dashboards and generate reports which visualize essential events that lead to pre-emptive actions and sound decisions. If your company lacks a big data strategy, then you need to start developing one today.

Data Analytics 99

Data Analytics Analytics Big Data Data Lake 99

DataRobot

AUGUST 5, 2021

In 2019, Utah struck a deal with Banjo, a threat detection firm selling AI services to process live traffic feeds, dispatch logs, and other data. The auditor’s report contained both good news and bad news. There’s a saying, “If you can’t say something nice, don’t say anything at all.” ” AI Doomsaying.

Uncertainty 98

Uncertainty Sales Risk Statistics 98

Smart Data Collective

JANUARY 22, 2020

What measures are essential to keep your sensitive data confidential? According to Risk Based Security research published in the 2019 MidYear QuickView Data Breach Report, during the first six months of 2019, there were more than 3,800 publicly disclosed breaches exposing 4.1 How will they affect the industry? Conclusion.

Data Processing 57

Data Processing Measurement Risk Data Warehouse 57

BizAcuity

JULY 26, 2021

According to the 2019 report by Flexera enterprises with a hybrid strategy grew to 58% in 2019 from 51% in 2018. Hybrid cloud’s centralized management makes it easier to implement technical security measures such as encryption, automation, access control, orchestration, and endpoint security to mitigate risk effectively. .

IT 52

IT Cost-Benefit Data Processing Risk 52

CIO Business Intelligence

MAY 16, 2022

ITIL 4, which was released in 2019, maintains the same focus on automating processes, improving service management, and integrating the IT department into the business. Corporations and public sector organizations that have successfully implemented ITIL best practices report huge savings. How does ITIL reduce costs?

IT 105

IT Cost-Benefit ROI Risk 105