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. million ROI over three years, and Capital One reduced its “business critical” incidents by 92% over two years.

IT 104

IT Cost-Benefit ROI Risk 104

Cloudera

FEBRUARY 8, 2021

billion in 2019, and is projected to reach $225.16 The goal is to define, implement and offer a data lifecycle platform enabling and optimizing future connected and autonomous vehicle systems that would train connected vehicle AI/ML models faster with higher accuracy and delivering a lower cost. scalability, ROI, and success.

Machine Learning 106

Machine Learning Manufacturing Unstructured Data Modeling 106

John Wheeler

OCTOBER 21, 2019

This new state of techquilibrium demands an understanding of both the quantitative and qualitative elements of digital risk to support decisions related to both digital optimization and transformation strategies – see figure below. Doing so will allow for a proper ROI analysis detailing the potential for profit maximization.

Risk 53

Risk Risk Management Digital Transformation Insurance 53

O'Reilly on Data

MARCH 31, 2020

At measurement-obsessed companies, every part of their product experience is quantified and adjusted to optimize user experience. Product recommendations are easy; nobody is injured if you recommend products that your customers don’t want, though you won’t see much ROI. What delivers the greatest ROI?

Management 332

Management Machine Learning Experimentation Metrics 332

Sisense

DECEMBER 3, 2019

The merger of Periscope Data in May 2019 brings robust functionality for cloud data experts to work with their data as needed while supporting a wide breadth of users and use cases. Optimize raw data using materialized views. Use AI to drive ROI. Enhance your deployment, connect to Athena, and more.

Data Warehouse 90

Data Warehouse Analytics Digital Transformation Forecasting 90

Occam's Razor

JANUARY 7, 2019

To help kick-start your 2019 step change , I’ve written two “Top 10” lists, one for Marketing and one for Analytics – consisting of things I recommend you obsess about. Google Optimize will be one of your BFFs in this quest. Identify four relevant micro-outcomes to focus on in 2019. (In Throw away your custom attribution model.

Marketing Analytics 88

Marketing Analytics Marketing Analytics Strategy 88

John Wheeler

NOVEMBER 25, 2020

In 2019, Gartner saw a 36% increase in IRM client inquiry by business leaders. In addition, 73% of the 760 IRM client interactions in 2019 were business leader focused1. In fact, risk management received the highest increase in response (39% more than 2019) from CEOs and senior business leaders.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

datapine

DECEMBER 11, 2019

2019 was a breakthrough year for the SaaS world in many ways. Indeed, according to Bloomberg, public cloud platforms, business services, and applications (SaaS) will all grow at a 9% CAGR (Compound Annual Growth Rate) between 2019 and 2023, and worth $60.36 A Betterbuys report reveals that the specific expenditure in the U.S.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

Cloudera

JANUARY 17, 2021

Consider that Amazon’s US capital spending in 2019 was more than any other company pushing Amazon’s sales per employee to 50% more than Walmarts which predominantly are brick and mortar bound. Marketing and Sales Optimization – . Rationalization of marketing and advertising spend producing the highest ROI. Gamification .

Digital Transformation 64

Digital Transformation Cost-Benefit Manufacturing Sales 64

Corinium

APRIL 25, 2019

All assets need to be optimally leveraged for maximum business value while also being protected from misuse, whether there was malicious intent or not, and this needs to be the responsibility of whomever is responsible for that asset in the company. What do you recommend to organizations to harness this but also show a solid ROI?

Insurance 150

Insurance Risk IoT Cost-Benefit 150

Domino Data Lab

MAY 8, 2019

So much work in machine learning – either on the academic side which is focused on publishing papers or the industry side which is focused on ROI – tends to emphasize: How much predictive power (precision, recall) does the model have? You can define models using a straightforward logical syntax and solve them with fast convex optimization.

Machine Learning 105

Machine Learning Data Science Modeling Visualization 105

Domino Data Lab

FEBRUARY 4, 2019

This edition of the conference will be held May 23–24, 2019 in NYC, where we’ll focus on data science as a team sport: leadership , practices , how teams work. Given the two points above, that’s okay—there are good ways to direct data exploration toward ROI. Of course, some questions in business cannot be answered with historical data.

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

by THOMAS OLAVSON Thomas leads a team at Google called "Operations Data Science" that helps Google scale its infrastructure capacity optimally. The ROI of human involvement When it comes to human involvement, the key difference is in the magnitude of costs associated with any one forecast cycle. Accessed on 2019-08-01. [4]

Forecasting 113

Forecasting Data Science Statistics Uncertainty 113

Domino Data Lab

MARCH 3, 2019

Evolving Data Infrastructure: Tools and Best Practices for Advanced Analytics and AI (Jan 2019). AI Adoption in the Enterprise: How Companies Are Planning and Prioritizing AI Projects in Practice (Feb 2019). By November 2018, 43% reported that they planned to incorporate AutoML into their workflows sometime in 2019.

Data Science 49

Data Science Deep Learning Machine Learning Modeling 49

Jet Global

MAY 28, 2019

In the business landscape of 2019, data is the only currency that matters. Relational databases are incredibly useful for running a business, however, they are not optimized for getting information out. Now that you’re familiar with databases, let’s take a look at how they compare to their bigger, brawnier cousin—data warehouses.

Data Warehouse 85

Data Warehouse Reporting Business Intelligence Sales 85

Andrew White

JANUARY 11, 2021

For a time, I believed simulation was more useful a capability than optimization, at the time that larger firms were seeking optimization solutions. Our operational teams are dissuaded from embracing D&A pilot programs into their operations because the ROI is so small. How do we verify ROI on data and analytics efforts?

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

MAY 1, 2023

Return on Investment Now we bring it all together to calculate the ROI on embedded analytics. Costs: The investment in developing and maintaining the solution. “-1”: The formula assures that a positive ROI is achieved only when benefits exceed the costs. The formula looks like this: ($750k / $250k) = 3, so the ROI is 200 percent.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52