CIO Business Intelligence

JULY 19, 2023

And with four industrial centers, four technology centers, and a foothold in more than 20 maintenance workshops, the company’s technological strategy is pivotal to progress as Pablo Celada, director of technology and systems for Europe at Alstom, reveals. Can you describe the strategy behind purchasing Bombardier’s railway business for €4.4

Strategy 95

Strategy IT Digital Transformation Cost-Benefit 95

CIO Business Intelligence

MARCH 15, 2022

Synthetic data is artificially generated information that can be used in place of real historic data to train AI models when actual data sets are lacking in quality, volume, or variety. Artificial data has many uses in enterprise AI strategies. This can slow down the development of new AI models. Synthetic data use cases.

Strategy 145

Strategy Testing Modeling Sales 145

FineReport

JULY 26, 2021

When implemented effectively, a successful BI strategy will reach every corner of the organization, having a positive impact and enabling people to make the right decisions quickly. What is business intelligence strategy? At the same time, enterprises can use the BI strategy to gradually reach various business objectives.

Business Intelligence 52

Business Intelligence Strategy Cost-Benefit Data-driven 52

FineReport

JULY 26, 2021

When implemented effectively, a successful BI strategy will reach every corner of the organization, having a positive impact and enabling people to make the right decisions quickly. What is business intelligence strategy? At the same time, enterprises can use the BI strategy to gradually reach various business objectives.

Business Intelligence 52

Business Intelligence Strategy Cost-Benefit Data-driven 52

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

Smart Data Collective

SEPTEMBER 23, 2021

Data-Savvy Creative Agencies Are Necessary in 2021. Without unique advertising campaigns, customers will find it increasingly difficult to find a brand they resonate with, which could cost you. Benefits of Using a Creative Agency with Data Analytics Competencies. Cost-effective. Offering a fresh perspective.

Data Analytics 115

Data Analytics Analytics Cost-Benefit Big Data 115

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. billion in 2021, and only 43% of businesses feel financially prepared to face a cyberattack in 2022. businesses more than $6.9

Enterprise 106

Enterprise Cost-Benefit Snapshot Data-driven 106

CIO Business Intelligence

MAY 9, 2023

Cloud-first strategy” became a cure-all for datacenter impediments, as well as an IT leader’s tentpole for digital transformation. 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

Smart Data Collective

JUNE 9, 2021

The software-as-a-service (SaaS) model has been increasingly gaining popularity with enterprises. Companies that evaluate the right metrics can create very viable SaaS business models. Hence data security is a crucial concern that businesses must address, as the cost of a data breach has already reached $8.9 billion market.

Strategy 69

Strategy Software Forecasting Cost-Benefit 69

Cloudera

MARCH 29, 2022

To capitalize on the opportunities that data creates for the public good, state and local CIOs must harness data in motion with a cohesive strategy and platform. It’s no secret that the cloud has become the go-to infrastructure foundation for a modern data strategy. Hybrid cloud is the Model of Choice.

Cost-Benefit 95

Cost-Benefit Strategy Data Science Data Processing 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 79

Consulting Cost-Benefit Optimization Dashboards 79

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.

Optimization 89

Optimization Cost-Benefit Modeling Risk 89

CIO Business Intelligence

APRIL 19, 2022

Kellen is embracing temporary workers, seeing both contractors and freelancers as an integral part of his staffing strategy. million in 2021. As a result, they advise CIOs and other enterprise technology executives and managers to build a staffing strategy that accounts for this dynamic. “A million in 2020 to 51.1

IT 98

IT Cost-Benefit Strategy Consulting 98

CIO Business Intelligence

SEPTEMBER 14, 2023

As exchanges were modernizing, they looked at the cost benefit and realized it was better to buy Nasdaq’s technology,” Peterson says. The company’s pivot to new tech development and SaaS began in 2021 and is keenly focused on the cloud, machine learning, and AI, as well as blockchain for tracking digital assets.

Risk Management 114

Risk Management Risk Marketing Cost-Benefit 114

CIO Business Intelligence

APRIL 12, 2022

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. They can benefit from having office space in many ways, including team building, increased security, and supporting your local community.

Cost-Benefit 90

Cost-Benefit Risk Measurement Modeling 90

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

SEPTEMBER 29, 2022

However, we haven’t discussed the benefits of using AI to distribute apps through app marketplaces in as much detail. In 2021, the number of mobile applications hits around 3 million on Google Play alone, while the App Store has around 3.5 AI technology also helps companies implement more cost-effective marketing strategies.

Technology 126

Technology Advertising Cost-Benefit Publishing 126

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. Banks and other financial institutions are combining AI with other technologies to transform their business models.

Software 89

Software Finance Cost-Benefit Data-driven 89

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. How this strategy looks depends on the organization’s unique business needs as one affects the other.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

Smart Data Collective

NOVEMBER 2, 2022

As a result, companies around the world spent over $52 billion on data-driven marketing solutions in 2021. The industry has access to massive amounts of data, so it should leverage them to make the most of their customer outreach and support strategies. The hard reality is that data-driven marketing strategies can be costly.

Marketing 138

Marketing Big Data Data-driven Sales 138

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

Smart Data Collective

MAY 10, 2022

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. If the AI model detects any, it can flag them for further investigation or automatically halt them.

Marketing 111

Marketing Technology Insurance Machine Learning 111

Smart Data Collective

APRIL 7, 2022

There are many reasons that data analytics and data mining are vital aspects of modern e-commerce strategies. These benefits include the following: You can use data analytics to better understand the preferences of your users and provide personalized product recommendations.

B2B 109

B2B Sales Big Data Cost-Benefit 109

CIO Business Intelligence

OCTOBER 13, 2022

Rich Gilbert, who joined Aflac in 2019 as chief digital and information officer, now serves as its chief transformation officer and head of individual benefits. He was named the 2021 CIO of the Year by GeorgiaCIO, receiving the ORBIE Award in the Global category for helping reinvent Aflac as a digital-first company.

IT 128

IT Insurance Cost-Benefit Modeling 128

DataRobot Blog

SEPTEMBER 1, 2022

The latest McKinsey Global Survey on AI proves that AI adoption continues to grow and that the benefits remain significant. But in the COVID-19 pandemic’s first year, many felt more strongly about the cost-savings front than the top line. Your model was accurate yesterday, but what about today? How can I get a better model fast?

Metrics 145

Metrics Statistics Modeling Data Science 145

DataKitchen

APRIL 26, 2021

In early April 2021, DataKItchen sat down with Jonathan Hodges, VP Data Management & Analytics, at Workiva ; Chuck Smith, VP of R&D Data Strategy at GlaxoSmithKline (GSK) ; and Chris Bergh, CEO and Head Chef at DataKitchen, to find out about their enterprise DataOps transformation journey, including key successes and lessons learned.

Measurement 246

Measurement Metrics Data-driven Testing 246

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. The fill report is here: Leadership Vision for 2021: Data and Analytics. With a success behind you, sell that experience as the kind of benefit you can help improve. Governance.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

IBM Big Data Hub

FEBRUARY 2, 2023

The rise of cloud has allowed data warehouses to provide new capabilities such as cost-effective data storage at petabyte scale, highly scalable compute and storage, pay-as-you-go pricing and fully managed service delivery. In 2021, cloud databases accounted for 85% 1 of the market growth in databases.

Data Warehouse 57

Data Warehouse Cost-Benefit Unstructured Data Data Architecture 57

IBM Big Data Hub

FEBRUARY 2, 2022

Artificial intelligence (AI) is an essential instrument for reshaping businesses both now and in the future, with three in four organizations deploying or ramping up their AI efforts, according to Morning Consult’s April 2021 research. Other benefits mention cost reductions, operational efficiencies and a 6.3% and +46.6%

Software 52

Software Marketing Reporting Digital Transformation 52

Smart Data Collective

DECEMBER 20, 2022

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. 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.

Cost-Benefit 110

Cost-Benefit Software Sales Finance 110

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 128

IT Cost-Benefit Testing Dashboards 128

datapine

JANUARY 24, 2021

It is not just important to gather all the existing information, but to consider the preparation of data and utilize it in the proper way, has become an indispensable value in developing a successful business strategy. For example, you need to develop a sales strategy and increase revenue. Today, big data is about business disruption.

IT 317

IT Statistics KPI Data-driven 317

Smart Data Collective

AUGUST 1, 2022

There are a number of ways that traders can benefit from AI. Some use machine learning technology to create models that more accurately predict price movements. It’s a massive sector, worth $13 billion as of 2021, and yet still growing, projected to witness a compound annual growth rate (CAGR) of 10.5% from 2022 to 2027.

Cost-Benefit 110

Cost-Benefit Machine Learning Marketing Strategy 110

IBM Big Data Hub

MAY 9, 2022

Others have come into sharper focus relatively recently: a global effort to create new data privacy laws, a post-pandemic expectation by customers to know them individually across all touchpoints, and increased attention on any racial, gender-based, or socioeconomic bias in AI models. The cost of ignoring these imperatives is staggering.

Management 57

Management Data Quality Metadata Data Integration 57

Cloudera

AUGUST 22, 2021

It seems like there’s always something new to look out for every day, be it new use cases, technology or ways that organizations can benefit. This makes it tougher to understand the app dependencies and accurately assess for feasibility, costs, implementation and ultimately generate ROI. The cloud space is exciting and fast evolving.

Cost-Benefit 103

Cost-Benefit Strategy IoT Digital Transformation 103

Smart Data Collective

MARCH 23, 2022

One of the overlooked benefits of AI in website optimization pertains to ADA compliance. Here are some strategies you can take to employ artificial intelligence to adhere to ADA policies: Be aware of ADA web accessibility tools that use AI. What is ADA Compliance? Use AI to Reach More Potential Customers and Avoid Costly Lawsuits.

Cost-Benefit 102

Cost-Benefit Data mining Sales Testing 102

IBM Big Data Hub

APRIL 6, 2023

Organizations sourcing, screening, interviewing, hiring or promoting individuals in New York City are required to conduct yearly bias audits on automated employment decision-making tools as per New York City Local Law 144 , which was enacted in December 2021. A holistic approach to AI governance can help.

Cost-Benefit 57

Cost-Benefit Risk Statistics Machine Learning 57