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 121

Experimentation Cost-Benefit Data Lake Data Science 121

CIO Business Intelligence

NOVEMBER 8, 2023

For companies whose business units have traditionally operated independently, centralizing IT operations under one strategy can reap significant benefits — especially when it comes to offering a holistic customer experience and establishing a unified data foundation for leveraging the latest emerging technologies.

IT 107

IT Insurance Machine Learning Cost-Benefit 107

CIO Business Intelligence

APRIL 27, 2022

This is no difference in the development of AI models, where initial results may lead teams down a new path that requires a rethinking of their AI infrastructure. “AI Models drift over time because the data that fuels them changes over time. AI is never one and done,” said Tony Paikeday, senior director of AI systems at NVIDIA.

Modeling 52

Modeling Advertising Unstructured Data Cost-Benefit 52

Insight

JUNE 25, 2020

We are increasing our membership dues for Insight Fellows to $24,000 or an Income Share Agreement (ISA) of 12% for 2 years with no upfront cost , to cover the shortfall. The Insight Fellows Fall session that starts on September 14, 2020 will run remotely , continuing the success we’re seeing in our current remote summer session.

Cost-Benefit 52

Cost-Benefit Reporting Marketing Data-driven 52

AWS Big Data

MAY 17, 2023

Credit: Phil Goldstein Jerry Wang, Peloton’s Director of Data Engineering (left), and Evy Kho, Peloton’s Manager of Subscription Analytics, discuss how the company has benefited from using Amazon Redshift. As Peloton’s use of Amazon Redshift has evolved and matured, its costs have gone down, according to Wang.

Data Warehouse 111

Data Warehouse Cost-Benefit Sales Data-driven 111

Insight

AUGUST 17, 2020

While certain aspects of the remote experience looked a bit different than the on-site offering, many remained the same , and there are also several benefits to a remote program that a more restrictive in-person session simply can’t offer. Fellows benefit from the same small cohort sizes that the in-person Fellowship offered.

Data Science 63

Data Science Data Processing Cost-Benefit Strategy 63

CIO Business Intelligence

JANUARY 5, 2024

With stints at Procter & Gamble, HPE and DHL, Jaime González-Peralta landed at Radisson Hotel Group four years ago as CIO for EMEA and then became global CIO in April 2020 — a particularly complex moment due to the paralysis that the pandemic inflicted on the world of travel. How have you rebuilt all the IT talent? It’s exciting.

IT 102

IT Finance Cost-Benefit Strategy 102

Smart Data Collective

MARCH 28, 2021

Although there are many benefits of moving to the cloud , this decision is not without its risks. Reduced Costs and Downtime. For instance, Azure Digital Twins allows companies to create digital models of environments. Introduction of New Business Models. 2021 is an extension of the uncertain times of 2020.

Cost-Benefit 137

Cost-Benefit IoT Internet of Things Data-driven 137

CIO Business Intelligence

FEBRUARY 14, 2023

Of course, his predecessor knew that too, and so the consolidation of the two SAP systems was under discussion for almost a decade by the time Grayling finally convinced his fellow executives that the cost of consolidation would be less than continuing with separate systems. “It It was easier to do with a strong financial benefit, for sure.”

Data Processing 98

Data Processing Cost-Benefit Testing Modeling 98

CIO Business Intelligence

FEBRUARY 16, 2024

For most organizations, a shift to the cloud brings scalability, access to innovative tools, and the possibility of cost savings. When you’re introducing many new applications, the ease of getting them up and running and lowered costs [on the cloud] is tremendously beneficial,” he says. An early partner of Amazon, the Roseburg, N.J.-based

Digital Transformation 107

Digital Transformation Experimentation Cost-Benefit Machine Learning 107

IBM Big Data Hub

FEBRUARY 7, 2024

These efforts often go hand in hand with broader corporate sustainability initiatives and can lead to significant cost savings and improved environmental performance. Circular economy: When waste is a resource Waste not, want not: the circular economy model, which aims to minimize unnecessary waste and make the most of resources, is booming.

Reporting 89

Reporting Internet of Things Cost-Benefit Data-driven 89

CIO Business Intelligence

JANUARY 9, 2023

When the world’s largest healthcare company by revenue went looking for a technology solution that could improve quality of care while reducing costs, the search took ten years. They are also perfect for storing and visualizing large healthcare data models so it can be quickly processed and analyzed. 1] [link] [2] [link].

Analytics 75

Analytics Cost-Benefit Visualization Risk 75

datapine

AUGUST 7, 2019

Software as a service (SaaS) has blossomed in the last five years, and the public SaaS market is expected to grow to $76 billion by the year 2020, according to FinancesOnline. A SaaS dashboard is a powerful business intelligence tool that offers a host of benefits for ambitious tech businesses. Speedy integration.

Dashboards 168

Dashboards Management KPI Cost-Benefit 168

erwin

JANUARY 30, 2020

The 2020 State of Data Governance and Automation (DGA) report is a follow-up to an initial survey we commissioned two years ago to explore data governance ahead of the European Union’s General Data Protection Regulation (GDPR) going into effect. Top Five: Benefits of An Automation Framework for Data Governance. Stop Wasting Your Time.

Data Governance 145

Data Governance Metadata Cost-Benefit Digital Transformation 145

CIO Business Intelligence

APRIL 12, 2022

By May 2020, up to 70 percent of employees were working from home. In the world of tech, some companies are choosing to forgo a physical office in an effort to reduce costs, but most major tech companies are choosing to retain their office spaces, and for good reason. Benefit: Encourages Team and Culture Building.

Cost-Benefit 78

Cost-Benefit Risk Measurement Modeling 78

CIO Business Intelligence

APRIL 1, 2022

This phenomenon, which Google calls search abandonment, could cost US retailers around $300 billion each year, according to research conducted jointly by Google and The Harris Poll. Released in July 2020, Recommendations AI is another managed service that aims to improve product recommendations. We do it all for you automatically.”.

IT 97

IT Machine Learning Cost-Benefit Data Collection 97

IBM Big Data Hub

JUNE 23, 2023

Insurers are also struggling with high, mostly fixed costs and the complexities of maintaining legacy systems, which makes current variable cost-based alternatives more attractive. Insurers want to shift from fixed to variable, “pay-as-you-go” operating costs.

Insurance 56

Insurance Cost-Benefit Digital Transformation Marketing 56

AWS Big Data

JANUARY 17, 2024

it’s now effortless to integrate with AI/ML models to power semantic search and other use cases. To use neural search, you must set up an ML model. In this post, we demonstrate how to configure AI/ML connectors to external models through the OpenSearch Service console. Starting with version 2.9

Dashboards 97

Dashboards Data Processing Modeling Machine Learning 97

Smart Data Collective

MAY 10, 2022

billion in 2020. According to fraud detection firm Feedzai, banking fraud attempts soared 159% from the final three months of 2020 to the first quarter of 2021, with the majority performed online. billion to bank fraud in 2021 , up 70% from 2020. Doing so saves time for the agent and customer and reduces cost.

Marketing 110

Marketing Technology Insurance Machine Learning 110

CIO Business Intelligence

AUGUST 17, 2022

Check Point Research reported recently that it found 50% more cyberattack attempts per week on corporate networks globally in 2021 compared with 2020. Cybercrime cost U.S. You’re able to take a set-it-an-forget-it approach, and then focus more on how to leverage AIOps for your benefit. businesses more than $6.9

Enterprise 95

Enterprise Cost-Benefit Snapshot Data-driven 95

Smart Data Collective

MARCH 2, 2023

One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. However, there are even more important benefits of using big data during a bad economy. Big data offers many benefits for companies in any economy. Some of these benefits include the following.

Big Data 82

Big Data Uncertainty Risk Data mining 82

Jedox

DECEMBER 3, 2020

In this post, we look at key considerations for legacy system users to be able to fully leverage the benefits of innovation when evaluating their options and next steps: How will you enable seamless connection to any IT platform? How will you secure a lower total cost of ownership?

OLAP 57

OLAP Cost-Benefit Data-driven Finance 57

IBM Big Data Hub

FEBRUARY 2, 2022

In the latest IDC market share report, IBM was ranked #1 in AI Life-Cycle Software , with the largest 2020 market share at 13.7% In the latest IDC market share report, IBM was ranked #1 in AI Life-Cycle Software , with the largest 2020 market share at 13.7% Other benefits mention cost reductions, operational efficiencies and a 6.3%

Software 52

Software Marketing Reporting Digital Transformation 52

Smart Data Collective

SEPTEMBER 30, 2021

Overall, droughts have cost the world $1.5 Unfortunately, going through footage manually takes a tremendous amount of time and can delay actions that would benefit local flora and fauna. The United States alone in 2020 produced around 68 million tons of pollution 4. Drought Risk Assessment and Prediction.

Machine Learning 121

Machine Learning Cost-Benefit Optimization Forecasting 121

Ontotext

APRIL 6, 2023

Knowledge graphs are changing the game A knowledge graph is a data model that uses semantics to represent real-world entities and the relationships between them. This model is used in various industries to enable seamless data integration, unification, analysis and sharing. standards modeled in a knowledge graph!

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

Smart Data Collective

NOVEMBER 18, 2021

billion on AI in 2020. At the moment, scientists are toiling on their additional model, which will encompass more radiant receptors that are more productive; they are also thinking of a way to disseminate a smooth hemispherical fabric that could be embedded in an actual aperture. Manufacturers spent over $1.1

Manufacturing 114

Manufacturing Cost-Benefit Machine Learning Business Intelligence 114

erwin

NOVEMBER 6, 2019

Often these enterprises are heavily regulated, so they need a well-defined data integration model that will help avoid data discrepancies and remove barriers to enterprise business intelligence and other meaningful use. With automation, data professionals can meet the above needs at a fraction of the cost of the traditional, manual way.

Metadata 102

Metadata Data Governance Management Cost-Benefit 102

Smart Data Collective

JANUARY 11, 2023

billion on big data marketing in 2020 and this figure is likely to grow further in the years to come. 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

CIO Business Intelligence

AUGUST 22, 2023

But digital transformation remains a vital endeavor for today’s enterprise as it is about evolving the business and operating model and not just about modernizing technologies. Product leaders define the opportunity and problem statement, while delivery leaders establish the solution’s architecture, execution plan, and support model.

Digital Transformation 93

Digital Transformation Data-driven Cost-Benefit Strategy 93

Smart Data Collective

SEPTEMBER 14, 2020

The benefits that it offers are abundantly clear. One of the biggest benefits is through personalized recommendations. They also use trend forecasting and customer behavioral analysis to adapt their business models to boost business. In 2020, there are hardly any apps that do not come with a dashboard.

Dashboards 98

Dashboards Data Analytics Analytics Big Data 98

Smart Data Collective

NOVEMBER 24, 2020

In this article, you’ll discover: upcoming trends in business intelligence what benefits will BI provide for businesses in 2020 and on? Future of Business Intelligence: Benefits Provided. With BI solutions identifying areas for cost savings is easier. Future of BI: What Does it Hold? Access to Essential Information.

Business Intelligence 130

Business Intelligence Visualization Dashboards Prescriptive Analytics 130

erwin

AUGUST 20, 2020

Benefits of Enterprise Architecture. Through EA, organizations benefit from a context-rich, top-down and holistic perspective of their structure, including its limitations and potential. Benefits of Enterprise Architecture. The benefits of EA include: Better decision-making. Reduced risks and costs.

Enterprise 140

Enterprise Cost-Benefit Risk Data Governance 140

Jedox

JUNE 25, 2020

However, organizations won’t be able to fully embrace the benefits of flexible, real-time planning without properly adapting to flexible new technology solutions designed to improve planning and enterprise performance management. 2020): Planung verändern mit neuer Technologie, in: Controlling & Management Review 64 (3), p.

Technology 94

Technology Finance Cost-Benefit Forecasting 94

CIO Business Intelligence

DECEMBER 20, 2023

This integration brings forth a suite of tangible benefits. Among other precautions, contactless deliveries through ePoD features topped the charts in 2020. Similarly, FedEx offers a discount on shipping costs after the customer has used the service several times.

Software 96

Software Deep Learning B2B Cost-Benefit 96

CIO Business Intelligence

APRIL 5, 2023

The pandemic of 2020 forced the rest of the world to move knowledge workers out of the office into fully or partially remote work models. Employers benefitted too, releasing some of their real estate for savings on facility costs and reducing travel expenses. We’re settling on a hybrid model of digital work.

Cost-Benefit 104

Cost-Benefit Metrics Measurement Digital Transformation 104

CIO Business Intelligence

APRIL 4, 2022

Much of Clean Harbors’ customer data remains on premises in roughly 50 Oracle databases that are integrated with AI ML models through APIs and with RPA bots — a hybrid approach increasingly familiar to IT leaders looking to take strategic advantage of cloud capabilities while also retaining control over key systems and data. “And

Digital Transformation 98

Digital Transformation Snapshot Cost-Benefit Modeling 98

CIO Business Intelligence

JANUARY 5, 2023

A September 2021 Gartner report predicted that by 2025, 70% of new applications developed by enterprises will use low-code or no-code technologies, up from less than 25% in 2020. Here are some examples of how IT pros are using low code/no code tools to deliver benefits beyond just reducing the workload on professional developers.

IT 119

IT Cost-Benefit Testing Dashboards 119