Cloudera

FEBRUARY 24, 2021

2021 is going to be the year when the financial services industry reckons with how these changes will play out, impacting business operations, processes, new technologies, and, of course, new regulations. Artificial intelligence and machine learning (AI/ML) will be central to risk modeling in 2021 and the future.

Risk Management 59

Risk Management Risk Recreation/Entertainment Machine Learning 59

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. Models are retrained approximately once per business quarter.

Cost-Benefit 99

Cost-Benefit Machine Learning Metrics Marketing 99

CIO Business Intelligence

OCTOBER 23, 2023

In today’s uncertain economic landscape, it is no surprise that organizations are driven to optimize business costs. It’s a win-win scenario when moving to an as-a-service model. 1 Based on an ESG whitepaper commissioned by Dell: Economic Validation Understanding the Economic Benefits of Dell Technologies APEX, July 2022.

Cost-Benefit 97

Cost-Benefit Uncertainty Digital Transformation Optimization 97

Sisense

MAY 11, 2021

You can’t talk about data analytics without talking about data modeling. The reasons for this are simple: Before you can start analyzing data, huge datasets like data lakes must be modeled or transformed to be usable. Building the right data model is an important part of your data strategy. What is data modeling?

Modeling 84

Modeling Big Data IoT Data Warehouse 84

CIO Business Intelligence

MAY 16, 2023

Many found these environments difficult to manage, govern and modernize, all while controlling costs. All these challenges limited the benefits the multicloud model was supposed to unlock. There’s another way to approach the challenge of the multicloud operating model. What is multicloud by design?

Strategy 91

Strategy Cost-Benefit Optimization Modeling 91

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

erwin

SEPTEMBER 5, 2022

As with part 1 , part 2 ,and part 3 of this data modeling blog series, this blog also stresses that the cloud is not nirvana. Static over-provisioning or dynamic scaling will run up monthly cloud costs very quickly due to that bad design, although capped at your cloud over sizing selection. Data modeling best practices.

Modeling 52

Modeling Cost-Benefit Testing Data-driven 52

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. EU was the first region to start working on legislation on AI in 2021. The GPAIS models with systemic risks will be required to meet stricter obligations. “If

Risk 118

Risk Testing Insurance Cost-Benefit 118

CIO Business Intelligence

AUGUST 17, 2022

The 2022 KPMG Fraud Outlook report “A Triple Threat Across the Americas” affirmed the increasing challenges; 77% of respondents to the KPMG survey say their cyber risk will grow over the next year. Cybercrime cost U.S. billion in 2021, and only 43% of businesses feel financially prepared to face a cyberattack in 2022.

Enterprise 107

Enterprise Cost-Benefit Snapshot Data-driven 107

datapine

MAY 31, 2022

3) Cloud Computing Benefits. It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

erwin

JUNE 7, 2022

Accordingly, data modelers must embrace some new tricks when designing data warehouses and data marts. Data modeling for the cloud: good database design means “right size” and savings. Static over-provisioning or dynamic scaling will run up monthly cloud costs very quickly on a bad design. Data Modeling. Business Focus.

Data Warehouse 52

Data Warehouse Modeling Sales Data Lake 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. 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 108

Data Warehouse Cost-Benefit Sales Data-driven 108

IBM Big Data Hub

APRIL 25, 2023

We also made the case that query and reporting, provided by big data engines such as Presto, need to work with the Spark infrastructure framework to support advanced analytics and complex enterprise data decision-making. The rise of cloud object storage has driven the cost of data storage down.

Optimization 57

Optimization Strategy Data Warehouse Cost-Benefit 57

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 121

ROI Cost-Benefit KPI Uncertainty 121

Jet Global

OCTOBER 7, 2021

October 7, 2021 – insightsoftware, a global provider of enterprise software solutions for the Office of the CFO, announced today it has acquired Exago, a premier embedded BI solution providing leading companies with seamless integration for customer-facing web applications. RALEIGH, N.C. About insightsoftware. About Exago.

Marketing 95

Marketing Analytics Cost-Benefit Forecasting 95

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. Learn more about the benefits of cloud-native development. The need to digitally transform touches every organization, in every industry.

Consulting 82

Consulting Cost-Benefit Optimization Dashboards 82

CIO Business Intelligence

DECEMBER 20, 2022

In a 2021 survey , 95% of respondents agreed that a hybrid cloud is critical for success, and 86% plan to invest more in hybrid multicloud. However, enjoying the benefits of hybrid multicloud requires organizations to first overcome a variety of challenges. Moving data later can rack up expensive egress charges.

Optimization 89

Optimization Cost-Benefit Modeling Risk 89

CIO Business Intelligence

SEPTEMBER 14, 2023

Additionally, Peterson says large language models (LLMs) are enabling Nasdaq to “create new kinds of intelligence reports for investors and corporate customers that leverage the company’s proprietary data sets and drive faster, more impactful content creation in Nasdaq’s marketing and communication teams.”

Risk Management 115

Risk Management Risk Marketing Cost-Benefit 115

Cloudera

MARCH 29, 2022

With that in place, government IT leaders can then apply the kinds of rich data analytics that produce copious benefits, including more informed decision-making, greater transparency, greater efficiency, and reduced costs. Hybrid cloud is the Model of Choice. But that alone is too broad.

Cost-Benefit 95

Cost-Benefit Strategy Data Science Data Processing 95

Smart Data Collective

MARCH 10, 2022

The biggest benefits relate to using big data to understand voters and create models of voting patterns in various districts. Coupled with higher interest rates and the whopping amount of student debt, the rising cost of education is taking a toll on students’ hopes for their financial futures. In 2021, There Were 44.7

Data Analytics 103

Data Analytics Analytics Big Data Cost-Benefit 103

Smart Data Collective

MARCH 27, 2023

billion on AI in 2021 , but small businesses may spend even more on AI-driven financial management software. Some of the benefits of AI in banking include: Banks use AI bots to onboard clients and analyze borrower risk. Some of the benefits of AI in banking include: Banks use AI bots to onboard clients and analyze borrower risk.

Software 89

Software Finance Cost-Benefit Data-driven 89

CIO Business Intelligence

APRIL 1, 2024

That’s not hyperbole: TEKsystems’ 2024 State of Digital Transformation report found that 53% of organizations classified as digital leaders are confident that their digital investments will meet expected ROIs. In contrast, only 27% of those categorized as DX laggards say as much.

Strategy 140

Strategy IT Digital Transformation ROI 140

datapine

NOVEMBER 11, 2021

1) Benefits Of Business Intelligence Software. d) Reporting Features. Taking all these into consideration, it is impossible to ignore the benefits that your business can endure from implementing BI tools into their data management process. Benefits Of Business Intelligence Software. Table of Contents.

Business Intelligence 213

Business Intelligence Dashboards Interactive Visualization 213

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. Job platform company MBO Partners in its “ 11th Annual State of Independence in America ” report calculated a 34% increase in the number of individuals opting for independent work, with figures going from 38.2

IT 98

IT Cost-Benefit Strategy Consulting 98

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. Industry cloud is about using the cloud to reinvent or disrupt industry business models and norms.

Manufacturing 102

Manufacturing Digital Transformation Cost-Benefit Enterprise 102

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%. Many of these buyers are enamored with the idea of using AI to improve their business models, but don’t make sure that they are getting the right value from it. But why does this happen?

Cost-Benefit 110

Cost-Benefit Software Sales Finance 110

DataRobot

APRIL 27, 2021

The benefit of these software robots is they can perform these actions faster and more consistently than people and can run 24/7. With the power of DataRobot , creating AI and machine learning models with your data becomes less of a bottleneck due to the guardrails and transparency from getting from data to value.

Machine Learning 98

Machine Learning Cost-Benefit Predictive Modeling Software 98

Andrew White

JANUARY 11, 2021

It was titled, The Gartner 2021 Leadership Vision for Data & Analytics Leaders. It is meant to be a desk-reference for that role for 2021. What is unique about the D&A Leadership Vision is that it crossed over into business since for many organizations, the CDO reports into the CEO or COO (as examples). That’s the idea.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

IBM Big Data Hub

JULY 11, 2023

Artificial intelligence is used in healthcare for everything from answering patient questions to assisting with surgeries and developing new pharmaceuticals, benefitting both patients and healthcare systems. How does artificial intelligence benefit healthcare?

Deep Learning 60

Deep Learning Cost-Benefit Insurance Machine Learning 60

Jet Global

JUNE 8, 2021

FSN’s 2021 research, “Agility in Planning, Budgeting, and Forecasting” confirms the profound benefits of this technique. For example, 71 percent can get a minor change, such as a cost line added or taken out of a budget or forecast model within half a day, versus 57 percent who are bound to quarterly forecasts.

Forecasting 98

Forecasting Uncertainty Cost-Benefit Reporting 98

Cloudera

JANUARY 5, 2023

In the past year, businesses who doubled down on digital transformation during the pandemic saw their efforts coming to fruition in the form of cost savings and more streamlined data management. However, a significant amount of this spend is wasted as organizations struggle to optimize costs effectively. .

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

AWS Big Data

APRIL 5, 2023

In 2021, Showpad set forth the vision to use the power of data to unlock innovations and drive business decisions across its organization. The company decided to use AWS to unify its business intelligence (BI) and reporting strategy for both internal organization-wide use cases and in-product embedded analytics targeted at its customers.

Dashboards 52

Dashboards Reporting Cost-Benefit Visualization 52

AWS Big Data

DECEMBER 21, 2023

The data products used inside the company include insights from user journeys, operational reports, and marketing campaign results, among others. smava’s Data Platform team faced the challenge to deliver data to stakeholders with different SLAs, while maintaining the flexibility to scale up and down while staying cost-efficient.

Data Lake 85

Data Lake Data Warehouse B2B Data-driven 85

AWS Big Data

DECEMBER 8, 2023

In 2021, FanDuel’s workloads almost tripled since they first started using Amazon Redshift in 2018, and they started evaluating Redshift RA3 nodes vs. DC2 nodes to take advantage of the storage and compute separation and deliver better performance at lower costs. The following diagram illustrates this architecture.

Data Warehouse 66

Data Warehouse Cost-Benefit KPI Risk 66

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

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 128

IT Cost-Benefit Testing Dashboards 128

Sisense

MARCH 30, 2020

A recent Fortune special report on Artificial Intelligence (AI) pointed to the recent developments in the field of Natural Language Processing (NLP) over the last 18 months as “revolutionary” for better search engines, smarter chatbots, and digital assistants. This enables a new class of users, front-office workers, to benefit.

Cost-Benefit 92

Cost-Benefit Unstructured Data Marketing Reporting 92