Smart Data Collective

MAY 19, 2023

Therefore, it should not be surprising to hear that the global market for AI in the financial services sector was worth $9.45 billion in 2021 and is growing at a rate of 16.5% It can help banks reduce costs while improving customer service and accuracy. billion in 2021, which means it is growing at an annual rate of 3%.

Analytics 80

Analytics Cost-Benefit Predictive Analytics Marketing 80

Jet Global

DECEMBER 22, 2022

insightsoftware recognized as an Embedded BI leader in 10th annual report. The annual report, part of Dresner Advisory Services’ Wisdom of Crowds® series of research, examines end user trends surrounding the importance and adoption of embedded BI, architecture and feature requirements, and targeted applications. Raleigh, N.C,

Business Intelligence 52

Business Intelligence Marketing Cost-Benefit Reporting 52

CIO Business Intelligence

MAY 17, 2024

And in the adjustment to a post-pandemic workforce, employees and employers have found a new battleground, with IT pros continuing to seek remote and flexible work opportunities, while companies grapple with the cost of following through with return-to-office mandates.

IT 130

IT Insurance Reporting Manufacturing 130

Jet Global

MARCH 24, 2021

Comprehensive planning and budgeting solution combined with in-depth reporting and analytics for Microsoft Dynamics and other ERP systems. More detailed planning – create reports that automatically track financial and operational plans for a deeper understanding and analysis of the plan-to-actual process, without requiring IT intervention.

Reporting 52

Reporting Forecasting Cost-Benefit Software 52

CIO Business Intelligence

MARCH 30, 2023

Segmenting customers more effectively A well-integrated CRM system should be able to produce reports on customer segments, spending patterns, and spend history. From this, marketing campaigns can be tailored to reach specific customer groups or direct sales approaches made by a sales team.

Sales 103

Sales Cost-Benefit Data Processing Marketing 103

CIO Business Intelligence

AUGUST 17, 2022

Being on the forefront of enterprise storage in the Fortune 500 market, Infinidat has broad visibility across the market trends that are driving changes CIOs cannot ignore. Check Point Research reported recently that it found 50% more cyberattack attempts per week on corporate networks globally in 2021 compared with 2020.

Enterprise 99

Enterprise Cost-Benefit Snapshot Data-driven 99

CIO Business Intelligence

SEPTEMBER 8, 2023

Operating rooms are a significant source of revenue for healthcare organizations — and a main contributor to costs. As such, any cost savings in operating rooms can have broad financial impact on a healthcare facility’s bottom line.

Cost-Benefit 91

Cost-Benefit Machine Learning Metrics Marketing 91

Smart Data Collective

SEPTEMBER 17, 2023

Big data technology has disrupted the marketing profession in countless ways. Therefore, it should be no surprise that the marketing analytics market size is projected to double from $3.2 billion in 2021 to $6.4 We have talked extensively about the benefits of data analytics in SEO. billon by 2026.

Data mining 107

Data mining Cost-Benefit Marketing Big Data 107

CIO Business Intelligence

MARCH 16, 2022

A recent report found that 99% of organizations believe VSM provides key benefits, including accelerated delivery, improved transparency, reduced silos, and more.[1] For example, one team at a multinational automobile manufacturer has moved its projects into value streams and started to see a number of benefits. Conclusion.

Management 90

Management Cost-Benefit Insurance ROI 90

IBM Big Data Hub

NOVEMBER 8, 2023

The change, challenge and benefits are here FDA FSMA will have significant global implications for traceability. This data will then be used to create a “traceability chain,” which can be used to quickly identify and remove contaminated food from the market.

Cost-Benefit 106

Cost-Benefit Consulting Risk Reporting 106

Smart Data Collective

JULY 2, 2023

There are many huge benefits of embracing AI in business. One of the top benefits is that AI can help make great insights on different cultures. In 2021, MIT published a great paper on the benefits of using AI to better understand different cultures. The report provides a thorough analysis of this dynamic.

Cost-Benefit 55

Cost-Benefit Marketing Strategy Reporting 55

CIO Business Intelligence

OCTOBER 23, 2023

In today’s uncertain economic landscape, it is no surprise that organizations are driven to optimize business costs. 1 Based on an ESG whitepaper commissioned by Dell: Economic Validation Understanding the Economic Benefits of Dell Technologies APEX, July 2022. Full report. Full report. Actual Results will vary.

Cost-Benefit 88

Cost-Benefit Uncertainty Digital Transformation Optimization 88

CIO Business Intelligence

OCTOBER 21, 2022

The contact center market is growing at a rapid pace. The contact center software market is expected to grow at a 21% compound annual growth rate ( CAGR ) from 2022 to 2030. But, with all this growth comes new potential costs. Let’s look at four key decisions that can fuel effective cost management in contact centers.

Cost-Benefit 75

Cost-Benefit Testing Metrics Marketing 75

CIO Business Intelligence

SEPTEMBER 14, 2023

It is already at work in our business — preventing market interruptions, creating new kinds of intelligence for investors, and stopping financial criminals in their tracks,” Peterson says. The company, which reported net revenues of $3.6 That’s because, says Peterson, Nasdaq’s tech stack is the best exchange software out there. “As

Risk Management 110

Risk Management Risk Marketing Cost-Benefit 110

IBM Big Data Hub

MAY 12, 2023

After getting familiar with the app architecture, priorities and requirements, IBM provided a detailed trade-offs analysis, including improvement options and security and cost implications. While this trend is driving growth in the global cloud market, it’s also drawing increased scrutiny to the environmental impacts of data centers.

Consulting 75

Consulting Cost-Benefit Optimization Dashboards 75

CIO Business Intelligence

FEBRUARY 7, 2023

Yet, it’s not uncommon for executives to cut costs in areas that actually improve customer experiences and also double-down on investments that can minimize them. In its State of Service report, Salesforce research learned that case volumes for 54% of service teams rose between 2021 and 2022. The time is now.

Uncertainty 110

Uncertainty Cost-Benefit Sales Reporting 110

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. From 2019 to now, Wang reports the amount of data the company holds has grown by a factor of 20. million at the end of 2022.

Data Warehouse 112

Data Warehouse Cost-Benefit Sales Data-driven 112

John Wheeler

APRIL 16, 2021

This week, we kicked-off a major research effort to explore current innovations in the rapidly expanding integrated risk management (IRM) market. The culmination of the review effort will be our inaugural “Emerging Technologies: Tech Innovators in IRM, 2021” report slated to publish in late June.

Risk Management 59

Risk Management Risk Management Internet of Things 59

Smart Data Collective

MARCH 29, 2021

And this is usually at the lowest possible costs in terms of material and machinery. Over the years, asset-intensive industries have been searching for cost-efficient ways of managing, repairing, and overhauling activities. A number of new workplace automation software applications have reached the market in recent years.

Big Data 137

Big Data Management Cost-Benefit Internet of Things 137

Sisense

MARCH 26, 2021

Companies surveyed by Harvard Business Review Analytic Services (HBR) report that two of the most important strategic benefits of using data analytics are (1) identifying new revenue and business models and (2) becoming more innovative. Harvard Business Review Analytics Services Pulse Report for Sisense, March 2021.

Analytics 98

Analytics Data-driven Dashboards Experimentation 98

CIO Business Intelligence

APRIL 19, 2022

Jobs in technology are plentiful, as evidenced by the nearly 388,000 postings in February, according to a report from CompTIA. Such figures fuel the fight for talent, says Vince Kellen, CIO of University of California San Diego, but he has a plan to compete in this job market. million in 2021. million in 2020 to 51.1

IT 97

IT Cost-Benefit Strategy Consulting 97

CIO Business Intelligence

DECEMBER 11, 2023

Other countries, including the US and the UK , are also working on regulations to govern AI so they can benefit from the technology while mitigating the risks. If the rules are too strict or costly, non-EU firms will just make the decision to ignore the EU market,” said Ray Wang, principal analyst and founder of Constellation Research.

Risk 109

Risk Testing Insurance Cost-Benefit 109

Smart Data Collective

DECEMBER 20, 2022

According to a recent report by SaaS purchasing platform Vertice, 90% of buyers are overpaying for their SaaS, by an average of 20-30%. In fact, FastSpring estimates that 37% of vendors increased what they were charging between Q1 2021 and Q1 2022, driving up software costs for the average customer. But why does this happen?

Cost-Benefit 109

Cost-Benefit Software Sales Finance 109

CIO Business Intelligence

MAY 9, 2023

More recently some organizations have reported diminishing returns from their public cloud implementations. Others conducted apples-to-apples comparisons of public cloud versus on-premises costs. You might even operate out of a colo facility for the benefits cloud adjacency affords you in reducing latency.

ROI 114

ROI Cost-Benefit KPI Uncertainty 114

Smart Data Collective

OCTOBER 5, 2021

Analytics technology has been invaluable to modern marketing. The market for web analytics is projected to be worth $9.11 The utilization of analytics and big data in the marketing industry has played a massive role in this robust growth. One of the most important benefits of analytics in marketing is with PPC marketing.

Analytics 120

Analytics Marketing ROI Testing 120

CIO Business Intelligence

OCTOBER 12, 2022

Now technology has become such an indispensable tool to drive revenue or remove costs that CIOs are just as likely to be asked to do more in the face of a downturn rather than less. The recent State of the Data Race 2022 report found that 71% of respondents could tie revenue growth directly to real-time data. CIO, IT Leadership

Cost-Benefit 78

Cost-Benefit Advertising Uncertainty Strategy 78

Smart Data Collective

APRIL 7, 2022

These benefits include the following: You can use data analytics to better understand the preferences of your users and provide personalized product recommendations. Predictive analytics tools use market data to forecast trends and ensure e-commerce companies sell products that will be in demand.

B2B 107

B2B Sales Big Data Cost-Benefit 107

Smart Data Collective

MARCH 23, 2022

This is particularly true when it comes to web marketing, where AI is vital to UX design and helping connect customers with the right products and services. One of the overlooked benefits of AI in website optimization pertains to ADA compliance. Morris reports that the number of ADA lawsuits increased 51.7% That’s a lot of cash!

Cost-Benefit 101

Cost-Benefit Data mining Sales Testing 101

CIO Business Intelligence

APRIL 7, 2022

In early 2021, a wave of digital innovation in the African financial sector, born out of a response to the tight grip of the pandemic, fuelled services and applications that had the potential to really shake up the banking sector. billion in total estimated funding in 2021, 62% went to fintechs, according to a report from Briter Bridges.

Modeling 52

Modeling Cost-Benefit Reporting Digital Transformation 52

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. Customers also report they help business users quickly test new services, tweak user interfaces and deliver new functionality.

IT 123

IT Cost-Benefit Testing Dashboards 123

Smart Data Collective

APRIL 28, 2021

The crypto market is booming once again. After a 2-year long bear market, prices are skyrocketing far and wide, with Bitcoin leading the charge. In November, Investopedia reported that prices of bitcoin rose 111% and they seem to be increasing even further. To this end, we must explain its main advantages and its use cases.

Technology 136

Technology Finance Cost-Benefit Insurance 136

Smart Data Collective

MAY 27, 2021

Automotive companies have found that data technology can help them produce vehicles more quickly, reduce production costs and ensure greater safety standards. However, there is a possible benefit of new developments in data technology that doesn’t get as much attention. EV Sales Soaring. How Will Mercedes Fair?

Data Analytics 123

Data Analytics Manufacturing Big Data Analytics 123

CIO Business Intelligence

APRIL 7, 2023

Some African entrepreneurs have begun to address this urgency by developing atypical accounting automation and new management systems where CIOs drive the ins and outs of the processes to keep up with ever-changing markets. This young firm reputedly offers businesses a more affordable solution than what is generally available on the market.

Management 91

Management Digital Transformation B2B Marketing 91

CIO Business Intelligence

APRIL 1, 2024

“There is a ton of competitive pressure to move fast, because those who can do things quicker, better, faster are the ones winning the market share,” says Ricardo Madan, senior vice president of TEKsystems Global Services. Still, he and other Gartner researchers say the technology could transform modernization work.

Strategy 140

Strategy IT ROI Digital Transformation 140

CIO Business Intelligence

JUNE 23, 2023

VW’s primary goal for the project is to reduce the cost of manufacturing, accelerate time to market, tailor solutions for its unique manufacturing needs, increase safety, and scale the solution to all its factories globally. But as a spokesperson for VW told CIO.com, “The second goal is to open up new software business areas.

Manufacturing 96

Manufacturing Digital Transformation Cost-Benefit Enterprise 96

IBM Big Data Hub

JULY 12, 2023

With reporting more than 200 billion transactions at the end of 2022, CaixaBank understands how critical it is to scale securely, increase operational efficiency and accelerate time to market to optimize digital banking experiences—all while safeguarding customers’ data.

Digital Transformation 49

Digital Transformation Finance Cost-Benefit Data Processing 49

datapine

JANUARY 24, 2021

An average business user and cross-departmental communication will increase its effectiveness, decreasing time to make actionable decisions and, consequently, provide a cost-effective solution. Or even better: “Which marketing campaign that I did this quarter got the best ROI, and how can I replicate its success?”. Sorry, Data Dan!

IT 317

IT Statistics KPI Data-driven 317