DataRobot Blog

FEBRUARY 4, 2021

In our ebook, 10 Keys to AI Success in 2021 , we look at how to meet these challenges. The ebook looks at how these challenges will impact companies that are implementing AI in 2021 and in the decade to come. . AI with ROI: Delivering Results with Value and Urgency. AI must find its purpose, and it must deliver ROI.

ROI 52

ROI Data-driven Machine Learning Finance 52

CIO Business Intelligence

MAY 27, 2024

The ROI of Cybersecurity Training Investing in cybersecurity training is not just a defensive measure; it’s a strategic investment that can yield significant returns. Here are some key strategies: 1. Highlighting the potential financial losses from breaches and the ROI of training programs can make a compelling case.

Cost-Benefit 94

Cost-Benefit Statistics ROI Measurement 94

CIO Business Intelligence

APRIL 18, 2024

AI technology is moving so fast, and the ROI is still murky, making it difficult to commit to one AI assistant, he says. Another believer in AI assistants is Linda Simovic, who helped build Copilot for Sales when she served as chief product officer for customer engagement applications at Microsoft between late 2021 and late 2023.

Cost-Benefit 137

Cost-Benefit ROI Sales Enterprise 137

erwin

JUNE 17, 2021

erwin by Quest just released the “ 2021 State of Data Governance and Empowerment” report. The report validates Quest’s newly launched Data Empowerment strategy and platform that bridges the gaps between data infrastructure, security and governance initiatives to mitigate risk and unleash more value from data. Other Key Findings.

Data Governance 59

Data Governance Data Quality Snapshot Reporting 59

CIO Business Intelligence

MAY 23, 2024

He encontrado muy pocas empresas que hayan encontrado un ROI (retorno de inversión) con la IA hasta ahora”, añade. “La Aunque CNH ha adoptado plenamente la IA, la empresa ha luchado por encontrar el ROI con esta tecnología , añade. La mayoría de las empresas aún están jugando con la novedad de la IA”.

ROI 97

ROI Software IT Strategy 97

CIO Business Intelligence

MAY 9, 2023

Like most CIOs you’ve no doubt leaned on ROI, TCO and KPIs to measure the business value of your IT investments. Of late, concerns about the public “cloud-first” approach have emerged to challenge business value and skewer ROI, TCO and KPIs. Maybe you’ve even surpassed expectations in each of these yardsticks.

ROI 118

ROI Cost-Benefit KPI Uncertainty 118

CIO Business Intelligence

FEBRUARY 8, 2023

Challenges for teams include finding effective strategies for using customer data to fuel experience decisions and developing tech evaluation criteria for their organisation. This is a significant increase from fewer than 5% in 2021 (Gartner). He will explore how to rethink hybrid work and investigate resilience in leadership.

ROI 98

ROI Measurement Data Processing Strategy 98

Smart Data Collective

AUGUST 10, 2021

Data can help them create strategies based on these powerful forces. But which tools are the most effective for businesses in 2021? Marketers use data the company collects to strategize and monitor the effectiveness of different campaigns so they can increase ROI (return on investment) and create more revenue for the company.

Analytics 127

Analytics Data-driven Advertising Data Science 127

Smart Data Collective

MAY 6, 2021

This is one of the best ways to use data to improve your social media marketing strategies. Once you get the hang of things, your ROI will reach a whole new level. The post Benefits of Using AI for Facebook Retargeting In 2021 appeared first on SmartData Collective.

Advertising 69

Advertising Sales Marketing ROI 69

Smart Data Collective

JULY 7, 2022

Data Analytics Helps Investors Create More Profitable Strategies. Unfortunately, coming up with a good stock market strategy can be challenging due to the efficient market hypothesis. If you really want to make the most of your investing strategy, then you are going to want to utilize data analytics to the best of your ability.

Marketing 142

Marketing Data Analytics Analytics ROI 142

CIO Business Intelligence

MARCH 16, 2022

In addition, a wireless network operator’s leadership was better able to connect strategy and work by employing VSM principles. As a result, they have gained the ability to make significant inroads in meeting top-level business objectives, including improving ROI, speeding time to market, and delivering enhanced customer value.

Management 95

Management Cost-Benefit Insurance ROI 95

CIO Business Intelligence

AUGUST 2, 2022

RPA software revenue grew at 31% year over year during 2021, higher than the projected growth of 19.5% Slow implementation across one or multiple business functions slows down the ROI cycle—one of the causes of slow spending on RPA,” Mehta added.

Software 120

Software Sales Forecasting ROI 120

Jet Global

JUNE 24, 2021

Fundraising return on investment (ROI) : this metric is used by non-profits to gauge the performance of each of its campaigns. By dividing the funds raised by investments, the organization arrives at fundraising ROI KPI: Fundraising ROI = annual funds raised / annual investments. The funds raised is another word for donations.

Metrics 98

Metrics Reporting KPI Measurement 98

Smart Data Collective

OCTOBER 5, 2021

More companies are using analytics to expand the reach of their PPC campaigns and improve their ROI. PPC marketing would be infeasible in 2021 without analytics. Is an Analytics-Driven PPC Strategy the Best Approach for Lead Generation? Data analytics is going to be very important for this stage.

Analytics 119

Analytics Marketing ROI Testing 119

Smart Data Collective

MARCH 5, 2021

Data analytics has been a very important aspect of modern marketing strategies. Email has an even better ROI if you combine it with AI-driven automation techniques and leverage data analytics effectively. For every dollar invested, email marketing generates an ROI of $51. Over half of the world’s population ( 3.8

Marketing 143

Marketing Data Analytics Analytics ROI 143

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. Do you recommend a consulting approach strategy rather than a CDO strategy? Governance.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

IBM Big Data Hub

FEBRUARY 12, 2024

Since 2021, SAP’s approach to simplifying this was to create a SaaS-based solution for S/4HANA on a single contract called RISE with SAP that includes software, infrastructure and services to migrate to S/4HANA. A key reason for this hesitancy is the complexity and cost of migrating to a new ERP platform.

Cost-Benefit 69

Cost-Benefit Data Processing Consulting ROI 69

Smart Data Collective

JANUARY 30, 2023

AI technology is the backbone of many modern marketing strategies. Pay-per-click (PPC) advertising is an online marketing strategy that involves paying for ad space on search engine results pages (SERPs) and other websites. AI can also help with third-party apps that can help your PPC strategy.

Advertising 97

Advertising Cost-Benefit Marketing Strategy 97

CIO Business Intelligence

JULY 5, 2022

Instead, organizations are settling on multi-cloud, hybrid strategy with interoperability between cloud providers. This APAC trend reflects what’s happening globally; 92% of enterprises now have a multi-cloud strategy in place, according to the Flexera 2021 State of the Cloud report.

IT 86

IT Data-driven Strategy Cost-Benefit 86

CIO Business Intelligence

MARCH 9, 2022

The rapid evolution of cloud services is forcing IT organisations to scramble to attract the right skills and fight fires reactively rather than taking time to devise a proper cloud-first strategy. Instead, organisations are settling on multi-cloud, hybrid strategy with interoperability between cloud providers.

IT 86

IT Data-driven Strategy Cost-Benefit 86

CIO Business Intelligence

DECEMBER 15, 2022

To illustrate, from 2011 to 2021, IVL collected over 72 billion post-consumer PET bottles for recycling, which prevented 1.6 Additionally, striving for continuous improvement, we were looking for a solution to take our existing mechanical integrity program and strategies and integrate them with our maintenance and business processes.”

Risk 87

Risk Digital Transformation Software ROI 87

Smart Data Collective

NOVEMBER 2, 2022

A growing number of organizations are leveraging big data to get higher ROIs from their organic and paid marketing campaigns. As a result, companies around the world spent over $52 billion on data-driven marketing solutions in 2021. These companies need to employ detailed data strategies to find the right prospects.

Marketing 137

Marketing Big Data Data-driven Sales 137

DataRobot Blog

FEBRUARY 28, 2023

While this can be an excellent strategy for a future-oriented company, it can prove futile if you don’t maximize the value of your investment. According to Flexera 1 , 92% of enterprises have a multi-cloud strategy, while 80% have a hybrid cloud strategy. Learn more at DataRobot.com/Snowflake.

Data Processing 72

Data Processing Experimentation Machine Learning Modeling 72

CIO Business Intelligence

JUNE 30, 2022

Instead, organizations are settling on multi-cloud, hybrid strategy with interoperability between cloud providers. This APAC trend reflects what’s happening globally; 92% of enterprises now have a multi-cloud strategy in place, according to the Flexera 2021 State of the Cloud report.

IT 73

IT Data-driven Strategy Cost-Benefit 73

DataKitchen

JUNE 24, 2021

In May 2021 at the CDO & Data Leaders Global Summit, DataKitchen sat down with the following data leaders to learn how to use DataOps to drive agility and business value. Before we jump into a methodology or even a data strategy-based approach, what are we trying to accomplish? DataOps Maximizes Your ROI.

ROI 211

ROI Metrics Measurement Cost-Benefit 211

Smart Data Collective

NOVEMBER 17, 2021

But if you don’t know how to invest in stocks or are unsure of investing strategies, how will you make money? You will have a higher chance of improving your ROI, while also being able to meet your investing goals more easily. Then you will need to know how to incorporate big data into your investing strategy.

Analytics 111

Analytics Big Data Data-driven ROI 111

datapine

MAY 31, 2022

We discussed already some of these cloud computing challenges when comparing cloud vs on premise BI strategies. In both cases, the return on investment (ROI) is healthy. The survey by Flexera mentioned above shows that 89% of enterprises have a multi-cloud strategy. Lack of resources/expertise. Segmented usage and adoption.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

JUNE 23, 2022

IT leaders are rethinking their strategies and increasingly considering another way to make access to private applications faster, easier, and more secure through Zero Trust Network Access (ZTNA). ZTNA is the network implementation of zero trust, which uses multiple techniques to deliver far better security as well as ease-of-use and ROI.

Behavioral Analytics 81

Behavioral Analytics Internet of Things IoT ROI 81

Smart Data Collective

JULY 13, 2023

Companies spent nearly $16 billion on AI marketing in 2021 and that figure is growing by the year. By considering factors like industry experience, track record, client satisfaction, and the effectiveness of their strategies, AI can generate a list of recommended agencies that align with the specific requirements of a business.

Predictive Analytics 76

Predictive Analytics Marketing ROI Strategy 76

CIO Business Intelligence

NOVEMBER 9, 2022

As CIO, Sarah Betadam, who joined in 2019 as VP of business applications, and then became global CIO in January 2021, is charged with the strategic direction, leadership, and implementation of the company’s digital transformation, juggling several initiatives simultaneously. That’s a key part of our ongoing success, and for future planning.

Digital Transformation 85

Digital Transformation ROI Data Processing Finance 85

DataRobot

NOVEMBER 12, 2021

O’Reilly’s latest report, AI Adoption in the Enterprise 2021 , declares that “the most significant barrier to AI adoption is the lack of skilled people and the difficulty of hiring.” Beacon Street experienced: • A 30 to 35 times ROI in revenue gains and cost decreases. • People Shortages. Your company can do that, too.

Cost-Benefit 98

Cost-Benefit Machine Learning Sales ROI 98

Smart Data Collective

JULY 26, 2023

Nevertheless, many companies have been reluctant to Harvard Business Review reports that only 30% of businesses have a data strategy. However, companies with data strategies are far more successful than those without. Companies using big data reportedly have 115% higher ROIs.

Data-driven 74

Data-driven Management Sales Big Data 74

Cloudera

AUGUST 22, 2021

This makes it tougher to understand the app dependencies and accurately assess for feasibility, costs, implementation and ultimately generate ROI. According to Flexera’s 2021 State of the Cloud report , 99% of respondents are using at least one public or private cloud, in other words, a hybrid cloud approach.

Cost-Benefit 104

Cost-Benefit Strategy IoT ROI 104

CIO Business Intelligence

JUNE 21, 2022

generating $42 billion in 2021 and projected to reach $71.7 In addition to quantitative ROI metrics, HPC research was also shown to save lives, lead to important public/private partnerships, and spur innovations. . Ready to evolve your analytics strategy or improve your data quality? HPC Comes of Age. billion by 2030.

Deep Learning 101

Deep Learning Big Data ROI Software 101

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. Giving the most ROI? Driving revenue?

IT 317

IT Statistics KPI Data-driven 317

IBM Big Data Hub

OCTOBER 18, 2022

Nearly half of the 3,000 executive respondents name sustainability a top priority, an increase of 37% from 2021. Nearly all CEOs say they’re at least taking their first steps in piloting their sustainability strategy. Most admit uncertainty around ROI and nearly half struggle with adequate insights from their data.

Uncertainty 52

Uncertainty Strategy Measurement ROI 52

erwin

AUGUST 15, 2019

By 2021, 40 percent of organizations will use enterprise architects to help ideate new business innovations made possible by emerging technologies,” says Marcus Blosch, Vice President Analyst, Gartner. The timely identification of emerging technologies can make or break a business.

Enterprise 110

Enterprise Management ROI Data-driven 110