Smart Data Collective

MARCH 1, 2022

We previously mentioned the benefits of using data analytics to make the most of social media marketing. Twitter’s Hottest AI-Driven Bots and Tools for 2022. However, for long-term implementation, it’s extremely cost-effective. AI technology is changing many aspects of modern business. SidesMedia.

Marketing 119

Marketing Data-driven Cost-Benefit ROI 119

IBM Big Data Hub

APRIL 10, 2024

Value delivery and reduced business cost Decreasing production costs helps drive agility by realigning with new business goals sooner. Beyond traditional cost reduction methods, addressing sustainability has emerged as an essential part of modern cost reduction approaches. trillion in 2022.

Cost-Benefit 94

Cost-Benefit Software Risk Marketing 94

DataKitchen

MARCH 12, 2024

Key Success Metrics, Benefits, and Results for Data Observability Using DataKitchen Software Lowering Serious Production Errors Key Benefit Errors in production can come from many sources – poor data, problems in the production process, being late, or infrastructure problems. Data errors can cause compliance risks.

Metrics 120

Metrics Software Cost-Benefit Testing 120

Jet Global

DECEMBER 22, 2022

December 22, 2022 – insightsoftware , a global provider of reporting, analytics, and performance management solutions, today announced its Logi solutions have ranked #1 in the latest #1 in the latest Embedded Business Intelligence (BI) Market Study by Dresner Advisory Services. Raleigh, N.C, CCgroup for insightsoftware. Ashley Yakopec.

Business Intelligence 52

Business Intelligence Marketing Cost-Benefit Reporting 52

Smart Data Collective

MAY 23, 2022

Although, it is not a good idea to buy bitcoin through a credit card because price volatility can inflate the overall purchasing coin cost. Trading and buying bitcoin has become one of the major trends that have completely transformed many people’s lives, due to the benefits the blockchain has provided.

Risk 105

Risk Cost-Benefit IT Technology 105

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 82

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 82

Timo Elliott

MAY 27, 2022

First, data is by default, and by definition, a liability , because it costs money and has risks associated with it. I was at the Gartner Data & Analytics conference in London a couple of weeks ago and I’d like to share some thoughts on what I think was interesting, and what I think I learned…. In conclusion: analytics means business!

Data Analytics 114

Data Analytics Analytics Recreation/Entertainment Data Lake 114

AWS Big Data

MARCH 12, 2024

We share our benchmarking results and methodology, and insights into the cost-effectiveness of EMR Serverless vs. fixed capacity Amazon EMR on EC2 transient clusters on our data workflows orchestrated using Amazon Managed Workflows for Apache Airflow (Amazon MWAA). By early 2022, we successfully migrated our big data workloads to EMR on EC2.

Cost-Benefit 95

Cost-Benefit Optimization Big Data Metrics 95

Alation

MAY 19, 2022

Alation attended last week’s Gartner Data and Analytics Summit in London from May 9 – 11, 2022. Gartner Data & Analytics Summit 2022: Keynote Highlights. The business benefits of a data fabric are real. The post Gartner Data & Analytics Summit 2022 in London: 3 Key Takeaways appeared first on Alation.

Metadata 52

Metadata Data Analytics Analytics Data Governance 52

IBM Big Data Hub

SEPTEMBER 12, 2023

The UK government’s Ecosystem of Trust is a potential future border model for frictionless trade, which the UK government committed to pilot testing from October 2022 to March 2023. The models also reduce private sector customs data collection costs by 40%.

Testing 95

Testing Modeling Cost-Benefit Consulting 95

Cloudera

MARCH 26, 2024

The release of LLMs surged by 136% in 2023 compared to 2022, and this upward trend is projected to continue in 2024. How much is all this really going to cost? This release will remove the complexity from getting started with AI, delivered as a cost-effective bundle to deliver immediate business value.”

Cost-Benefit 79

Cost-Benefit Machine Learning Enterprise Modeling 79

CIO Business Intelligence

MARCH 23, 2023

of its workforce, over the next 18 months to reduce costs amid uncertain macroeconomic conditions. The job cuts reflect stabilizing demand, following explosive post-pandemic growth, and prudent cost management, according to Ignacio Rasero, vice president for Moody’s Investors Service. billion to $16.7 billion to $16.7

Uncertainty 90

Uncertainty Cost-Benefit Consulting Digital Transformation 90

CIO Business Intelligence

JANUARY 4, 2023

Salesforce had nearly 80,000 global employees as of February 2022, up from more than 49,000 employees as of January 2020. 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 billion and $2.1 billion and $2.1

IT 99

IT Cost-Benefit Insurance Measurement 99

CIO Business Intelligence

FEBRUARY 12, 2024

Now, more than a decade later, business leaders recognize the advantages the cloud offers but are struggling with bloated cloud costs. Andreesen Horowitz coined the phrase the Cloud Paradox in a 2021 article , which posits that the pressure the cloud puts on company margins can start to outweigh the benefits over time.

Optimization 106

Optimization Cost-Benefit Digital Transformation Reporting 106

CIO Business Intelligence

MAY 5, 2023

Despite the current overall economic slowdown, CarMax’s Q4 2022 revenues rose 48.8% billion compared Q4 2021, with revenues for fiscal 2022 increasing 68.3% First-mover AI benefits CarMax’s IT leaders and IT staff were experimenting with OpenAI’s GPT-3.x billion overall.

Digital Transformation 144

Digital Transformation Cost-Benefit Business Driver Data Lake 144

Jet Global

DECEMBER 3, 2021

As the cost benefit ratio of BI has become more and more attractive, the pace of global business has also accelerated. Let’s look at some of the ways that BI will drive value in 2022, making it a compelling proposition for CFOs and other key members of the finance team, as well as the rest of the C-suite. The Future Is Now.

Business Intelligence 52

Business Intelligence Sales OLAP Data Warehouse 52

CIO Business Intelligence

FEBRUARY 29, 2024

The ask-an-expert tool enables manufacturers to increase productivity, drive down costs, and improve employees’ work-life balance. In the automotive industry, for example, there were recalls of 300 different makes and models of car in the US in 2022 alone. This can be a major challenge.

Manufacturing 103

Manufacturing Unstructured Data Cost-Benefit Risk 103

CIO Business Intelligence

NOVEMBER 5, 2023

But it is only one of the many benefits, and there are more to take into account: Reduced Development Costs. The same Forrester report notes that organisations using low-code can realise cost savings of up to 90 percent in application development and maintenance. Better quality code. Here are some of the key things to look for.

Digital Transformation 135

Digital Transformation Cost-Benefit Data Processing Software 135

IBM Big Data Hub

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. The benefits of strategic sourcing are vast, ranging from overall supply chain process optimization to more cost-effective, long-term relationships with partners.

Cost-Benefit 88

Cost-Benefit Risk Scorecard Risk Management 88

AWS Big Data

NOVEMBER 27, 2023

Today, we’re excited to bring the benefits of Graviton3 to Kafka workloads, with Amazon MSK now offering M7g instances for new MSK provisioned clusters. These performance improvements, along with M7g’s lower prices provide up to 24% in compute cost savings over M5 instances. Gbps up to 10 Gbps M7g.xlarge 4 16 GiB up to 12.5

Cost-Benefit 100

Cost-Benefit Optimization Testing Management 100

CIO Business Intelligence

JULY 27, 2023

First came the carrot of lower costs in the cloud with the bundled Rise with SAP offering. SAP said Thursday it will raise the cost of support for users of its on-premises software for the second year in a row, just days after announcing plans to withhold future innovations in its products from on-prem customers. in October 2022.

Cost-Benefit 77

Cost-Benefit Statistics Data Processing Forecasting 77

Smart Data Collective

MARCH 23, 2023

Some companies are interested in taking advantage of the benefits of existing AI tools like ChatGPT. The ROI of creating their own AI applications can be massive, but they still need to use them cost-effectively. A study done by Deloitte in late 2022 showed that cost reduction is the top priority for CFOs.

Software 112

Software Strategy Cost-Benefit Testing 112

CIO Business Intelligence

NOVEMBER 8, 2023

Inflation may have dropped from its high in 2022, but the price pressures on IT budgets have continued unabated. in June, 2022, to 3.7% in June, 2022, to 3.7% They weren’t communicating enough and it cost them a lot,” he says. While inflation challenges have moderated in the US from a high of 9.1% Here’s how.

IT 122

IT Cost-Benefit Digital Transformation Software 122

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 ROI Business Objectives 90

CIO Business Intelligence

JANUARY 10, 2024

Migrating infrastructure and applications to the cloud is never straightforward, and managing ongoing costs can be equally complicated. Plus, you need to balance the FinOps team’s need for autonomy against the CIO’s need for centralized control to gain economies of scale and avoid runaway costs. Then there’s housekeeping.

Cost-Benefit 111

Cost-Benefit Measurement Optimization Metrics 111

Smart Data Collective

JANUARY 27, 2022

This blog post will explore 5 ways to make the most of your IT budget while creating a data strategy in 2022. #1 Not only will this improve productivity, but it can also lead to cost savings down the road. One of the biggest ways to make the most of your IT budget in 2022 is through network infrastructure upgrades.

Optimization 100

Optimization IT Big Data Cost-Benefit 100

CIO Business Intelligence

OCTOBER 23, 2023

Equinix and Dell Technologies have a longstanding partnership built around solving the real challenges modern companies face—from infrastructure performance to costs, security, and speed of deployment. 1] Enterprise Strategy Group, The Role of ESG Programs in IT Decision Making , 2022. [2] Actual results vary. [5]

Digital Transformation 115

Digital Transformation Cost-Benefit Optimization Metrics 115

CIO Business Intelligence

NOVEMBER 10, 2022

This decision (layoffs) was based on cost-reduction initiatives intended to reduce operating expenses and sharpen Zendesk’s focus on key growth priorities,” the company wrote in the SEC filing. Out of the total estimated cost, the company expects to incur $8 million in the fourth quarter of 2022.

Cost-Benefit 96

Cost-Benefit Insurance Software Finance 96

IBM Big Data Hub

FEBRUARY 12, 2024

As IDC stated: as of 2022, 36% of IT leaders identified the use of technologies to achieve real-time decision-making as critical for business success, and 45% of IT leaders reported a general shortage of skilled personnel for real-time use cases.

Data-driven 87

Data-driven Cost-Benefit Uncertainty Technology 87

CIO Business Intelligence

APRIL 20, 2023

Australia and Pakistan have seen communities wrecked by large-scale flooding and continual rain, while in 2022, Europe had its hottest summer on record. They can cut costs and generate additional revenue streams.” This will have a knock-on environmental benefit.

Consulting 87

Consulting Cost-Benefit Insurance Finance 87

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. Bahrain was also quick to foster the resulting potential for foreign direct investment (FDI).

Digital Transformation 89

Digital Transformation Cost-Benefit Strategy Statistics 89

IBM Big Data Hub

MARCH 27, 2024

Other leaders remind you that the company’s primary allegiance is to the bottom line and that your solution needs to be cost-effective and “thread the needle” by providing the most return for the least investment possible. Development costs to survey the land, clear the site and prepare it for construction.

Cost-Benefit 110

Cost-Benefit Internet of Things Recreation/Entertainment Marketing 110

CIO Business Intelligence

AUGUST 7, 2023

Sales of public cloud enterprise applications software had already overtaken on-premises, hosted, and private-cloud sales by 2022, representing 51.4% This will continue as organizations start to recognize the benefits of public cloud in the digital world.” Whether new features such as AI should cost extra is a divisive topic.

Sales 52

Sales Enterprise Cost-Benefit Software 52

IBM Big Data Hub

JANUARY 19, 2024

Last year, companies spent USD 219 billion on cybersecurity and solutions alone, a 12% increase from 2022, according to a recent report by the International Data Corporation (IDC) (link resides outside ibm.com). Reducing costs: According to IBM’s recent Cost of Data Breach Report , the average cost of a data breach in 2023 was USD 4.45

Strategy 102

Strategy Cost-Benefit Testing Risk 102

CIO Business Intelligence

MAY 9, 2023

According to the Rocket Software Survey Report 2022: The State of the Mainframe , four out of five IT professionals see the mainframe as critical to business success. Because of the development of open DevOps/AppDev solutions, businesses can deliver applications to market faster, at lower cost, and with less risk. Modernizing in place.

Cost-Benefit 88

Cost-Benefit Software Digital Transformation Testing 88

CIO Business Intelligence

MARCH 13, 2024

So it’s no surprise that companies continue to heavily invest in it since the release of Dall-E 2 and ChatGPT in late 2022, where they expect to see the greatest value in increased productivity, with some estimates showing improvements of 5% or more over the next 12 months, and headcounts to reduce by at least 5% as well. for every $1 spent.

IT 124

IT Consulting Testing Cost-Benefit 124

CIO Business Intelligence

JUNE 2, 2022

Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. in 2022 to $623 billion globally. AI enhances operational efficiency. Gartner highlights AI trend in banking.

Predictive Analytics 141

Predictive Analytics Technology Analytics Machine Learning 141