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

IBM Big Data Hub

APRIL 22, 2024

“But it’s important to reap these benefits while minimizing the environmental impact. According to the European Union’s 2023 Energy Efficiency Directive , Europe’s data center electricity consumption is expected to grow 28% from 2018 to 2030, exemplifying the environmental costs of AI usage.

Cost-Benefit 98

Cost-Benefit Modeling Manufacturing Reporting 98

Smart Data Collective

MAY 19, 2023

billion in 2021 and is growing at a rate of 16.5% It can help banks reduce costs while improving customer service and accuracy. Ai Creates New Analytics Capabilities for Credit Card Providers and Customers Disha Singha of Analytics Insights reports that AI technology has significantly changed the state of the credit card industry.

Analytics 81

Analytics Cost-Benefit Predictive Analytics Marketing 81

IBM Big Data Hub

JANUARY 25, 2024

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 regulations, undergoing digital transformation and the need for cost-cutting. A 40% reduction in inventory costs.

Optimization 81

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 81

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 58

Risk Management Risk Recreation/Entertainment Machine Learning 58

CIO Business Intelligence

JANUARY 4, 2023

billion, with up to $1 billion of those costs being shouldered by the company in the fourth quarter of 2023. Salesforce said these costs consist of up to $1.4 The news comes as the WSJ reported that, based on estimates from Layoffs.fyi , employers in the tech sector collectively cut more than 150,000 jobs in 2022.

IT 115

IT Cost-Benefit Insurance Measurement 115

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

Smart Data Collective

MARCH 3, 2023

billion BI solutions in 2021. This technology offers many potential benefits, but many companies don’t fully take advantage of the opportunities it provides. The benefits of Embedded BI are clear. Cost-Effective: Embedded BI is often more cost-effective than purchasing a standalone BI solution.

Cost-Benefit 105

Cost-Benefit Business Intelligence Enterprise Technology 105

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 105

Cost-Benefit Machine Learning Metrics Marketing 105

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 111

Enterprise Cost-Benefit Snapshot Data-driven 111

IBM Big Data Hub

NOVEMBER 8, 2023

The change, challenge and benefits are here FDA FSMA will have significant global implications for traceability. Execute and set up reporting: Implement the system with the capability to monitor and measure through automated reporting (including tracking missing data and data health, as well as origin traceability).

Cost-Benefit 115

Cost-Benefit Consulting Risk Reporting 115

CIO Business Intelligence

OCTOBER 21, 2022

But, with all this growth comes new potential costs. Amid a fast-changing landscape, contact center executives have a critical task: Keep pace and grow while also reducing costs and driving efficiency. Let’s look at four key decisions that can fuel effective cost management in contact centers. billion by 2030, a CAGR of 24.8%.

Cost-Benefit 97

Cost-Benefit Testing Metrics Marketing 97

Jet Global

MAY 14, 2020

The volume of regulations and the scale of ongoing regulatory compliance legislation often leave finance teams struggling to meet new reporting requirements. Finance and banking regulatory costs have been forecasted to rise from 4 percent to 10 percent of revenue by 2021. KPIs and Regulatory Reporting.

Finance 52

Finance Reporting KPI Cost-Benefit 52

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 98

Management Cost-Benefit Insurance ROI 98

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 105

Cost-Benefit Uncertainty Digital Transformation Optimization 105

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 116

Uncertainty Cost-Benefit Sales Reporting 116

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. However, depending on the CRM and its configuration, these reports can be difficult to run and be delayed reaching the right people.

Sales 111

Sales Cost-Benefit Marketing Data Processing 111

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 81

Consulting Cost-Benefit Optimization Dashboards 81

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. What is multicloud by design? There’s another way to approach the challenge of the multicloud operating model.

Strategy 98

Strategy Cost-Benefit Optimization Modeling 98

CIO Business Intelligence

SEPTEMBER 12, 2022

Indeed, consumers are 63% more likely to shop with merchants that offer their preferred payment options, according to the report. merchants offered such digital profiles in 2021, up from 52% in 2020, according to the Cybersource report. This “awareness gap” can cost merchants in the form of lost sales opportunities. .

Digital Transformation 98

Digital Transformation Recreation/Entertainment Cost-Benefit Sales 98

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

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. Well-timed maintenance will be instrumental in reducing maintenance and labor costs.

Big Data 137

Big Data Management Cost-Benefit Internet of Things 137

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

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 126

ROI Cost-Benefit KPI Uncertainty 126

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 98

Optimization Cost-Benefit Modeling Risk 98

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 110

Data Warehouse Cost-Benefit Sales Data-driven 110

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

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

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 non-EU firms will have to decide over time whether it’s worth operating in the EU.

Risk 127

Risk Testing Insurance Cost-Benefit 127

CIO Business Intelligence

SEPTEMBER 25, 2023

That’s why, in the summer of 2021, Chris Nardecchia, SVP and chief digital and information officer, set about enabling a transformation that would change Rockwell’s business before it lost ground to a new class of hungry competitors. They realize the result is significantly higher total cost of ownership,” the report’s authors conclude.

Modeling 105

Modeling Manufacturing Digital Transformation Cost-Benefit 105

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.

Cost-Benefit 97

Cost-Benefit Uncertainty Advertising Strategy 97

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

John Wheeler

APRIL 16, 2021

The culmination of the review effort will be our inaugural “Emerging Technologies: Tech Innovators in IRM, 2021” report slated to publish in late June. Two of these use case domains – ESG and privacy – are additions to Gartner’s 2021 coverage of the IRM technology market.

Risk Management 59

Risk Management Risk Management Internet of Things 59

CIO Business Intelligence

SEPTEMBER 11, 2023

Supported by the nation’s Labor Fund Tamkeen, it also benefits from a workforce that is young, highly skilled, bi-lingual and tech savvy alongside a diverse expat talent pool offering a global perspective. In IDC’s study, one key statistic stands out: in 2021, every dollar spent on cloud services was already generating 6.8

Digital Transformation 110

Digital Transformation Cost-Benefit Strategy Statistics 110

AWS Big Data

APRIL 25, 2024

To address this challenge, common practices like partitioning and bucketing can significantly improve query performance and reduce computation costs. Most of the queries are for specific stations with specific report types. The queries need to complete in 10 seconds, and the cost needs to be optimized carefully.

Optimization 65

Optimization Data Lake Cost-Benefit Reporting 65

Smart Data Collective

SEPTEMBER 17, 2023

billion in 2021 to $6.4 We have talked extensively about the benefits of data analytics in SEO. They’ll do all the work, such as performing keyword research, creating content, building backlinks, and generating reports. All you have to do is markup the cost of the deliverables and services so you can still make a profit.

Data mining 108

Data mining Cost-Benefit Marketing Big Data 108

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