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. AI enhances operational efficiency. AI enhances operational efficiency. 5G aids customer service.

Predictive Analytics 145

Predictive Analytics Technology Analytics Machine Learning 145

IBM Big Data Hub

FEBRUARY 12, 2024

Recognizing the need to harness real-time data, businesses are increasingly turning to event-driven architecture (EDA) as a strategic approach to stay ahead of the curve. This trend grows stronger as organizations realize the benefits that come from the power of real-time data streaming.

Data-driven 87

Data-driven Cost-Benefit Uncertainty Technology 87

IBM Big Data Hub

SEPTEMBER 29, 2023

1] The need to improve real-time decision-making is contributing to a growing demand for event-driven solutions and their ability to help businesses achieve continuous intelligence and situation awareness. An event-driven architecture focuses on the publication, capture, processing and storage of events.

Data-driven 111

Data-driven Uncertainty Cost-Benefit Marketing 111

BizAcuity

MAY 24, 2022

They drive business growth in 2022 thanks to its heightened capabilities. Benefits of Cloud Adoption. Quick recap from the previous blog- The cloud is better than on-premises solutions for the following reasons: Cost cutting: Renting and sharing resources instead of building on your own. Starting with cloud adoption.

Data-driven 52

Data-driven Cost-Benefit Digital Transformation Strategy 52

Smart Data Collective

JANUARY 27, 2022

Big data technology has become a very important aspect of our lives. More businesses than ever are transitioning to data-driven business models. Research has shown that companies with big data strategies are 19 times more likely to become profitable. 1 Equip Your Employees with the Right Data Analytics Tools.

Optimization 106

Optimization IT Big Data Cost-Benefit 106

CIO Business Intelligence

MARCH 8, 2023

In the past, organizations like yours had data centers and remote offices, which were all connected via a network your teams owned and managed. In addition, 81% currently report they have network monitoring blind spots. These technologies can give the business a more secure and cost-effective highway to the cloud.

Digital Transformation 98

Digital Transformation Cost-Benefit Data-driven Reporting 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. million at the end of 2022. From 2019 to now, Wang reports the amount of data the company holds has grown by a factor of 20.

Data Warehouse 111

Data Warehouse Cost-Benefit Sales Data-driven 111

AWS Big Data

DECEMBER 21, 2023

This is a guest post co-written by Alex Naumov, Principal Data Architect at smava. smava believes in and takes advantage of data-driven decisions in order to become the market leader. smava believes in and takes advantage of data-driven decisions in order to become the market leader.

Data Lake 88

Data Lake Data Warehouse Data-driven B2B 88

CIO Business Intelligence

OCTOBER 23, 2023

In today’s uncertain economic landscape, it is no surprise that organizations are driven to optimize business costs. All of these present challenges for IT professionals within their day-to-day activities in data centers. With outdated and inefficient equipment, valuable resources and energy are being wasted in data centers.

Cost-Benefit 103

Cost-Benefit Uncertainty Digital Transformation Optimization 103

AWS Big Data

DECEMBER 8, 2023

In this post, we share how FanDuel moved from a DC2 nodes architecture to a modern Amazon Redshift architecture, which includes Redshift provisioned clusters using RA3 instances , Amazon Redshift data sharing , and Amazon Redshift Serverless. Their individual, product-specific, and often on-premises data warehouses soon became obsolete.

Data Warehouse 67

Data Warehouse Cost-Benefit KPI Risk 67

AWS Big Data

JUNE 14, 2023

The AWS Professional Services (ProServe) Insights team builds global operational data products that serve over 8,000 users within Amazon. In this post, we discuss how QuickSight has helped us improve our performance, democratize our data, and provide insights to our internal customers at scale.

Dashboards 74

Dashboards KPI Scorecard Consulting 74

CIO Business Intelligence

AUGUST 23, 2022

According to a IDC 1 , 71 percent of organizations report their long-term planning cycles have shortened due to COVID-19, with 82 percent of the same participants stating that long-term planning cycles have been reduced to two years or less. . Obtaining more insight into hidden costs (e.g., IT Leadership

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

CIO Business Intelligence

FEBRUARY 10, 2023

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. billion in 2022, according to a research study published by The Insight Partners in August 2022.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

Jet Global

DECEMBER 3, 2021

The term “ business intelligence ” (BI) has been in common use for several decades now, referring initially to the OLAP systems that drew largely upon pre-processed information stored in data warehouses. As the cost benefit ratio of BI has become more and more attractive, the pace of global business has also accelerated.

Business Intelligence 52

Business Intelligence Sales OLAP Data Warehouse 52

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. The data includes patient biometric information such as height, weight, age, and gender.

Cost-Benefit 104

Cost-Benefit Machine Learning Metrics Marketing 104

Smart Data Collective

DECEMBER 17, 2021

Business Intelligence is the collection, storage, analysis, and reporting of data to make better business decisions. It can refer to predictive analytics or even “big data.” Business Intelligence is the process of using raw data and analyzing it to get insights into a company’s performance.

Business Intelligence 95

Business Intelligence Cost-Benefit Dashboards Interactive 95

Andrew White

JANUARY 9, 2022

On Thursday January 6th I hosted Gartner’s 2022 Leadership Vision for Data and Analytics webinar. Which trends do you see for 2022 in AI & ML technology and tools and tool capabilities? – In the webinar and Leadership Vision deck for Data and Analytics we called out AI engineering as a big trend.

Analytics 64

Analytics Measurement Modeling Data-driven 64

CIO Business Intelligence

AUGUST 22, 2023

It is driven by changes in customer expectations, opportunities to evolve employee experiences, and building differentiating capabilities with data, analytics, and artificial intelligence — all of which have no clear end point, nor are exclusively technology-focused.

Digital Transformation 98

Digital Transformation Data-driven Cost-Benefit Strategy 98

CIO Business Intelligence

JUNE 21, 2023

One report estimates that 4,000 positions were eliminated by AI in May alone. In 2022, companies were still reeling from the rapid digital transformation efforts to survive the pandemic. Speak their language: Frame your arguments in terms of business outcomes and financial benefits. Where will your business be in 10 years?

Modeling 105

Modeling Cost-Benefit ROI Digital Transformation 105

CIO Business Intelligence

NOVEMBER 23, 2022

The process is driven by a “comprehensive picture of an entire enterprise from the perspectives of owner, designer, and builder,” according to the EABOK. Bizzdesigns asked respondents what IT benefits their EA program currently delivers and the top response was improved IT investment decisions.

Enterprise 128

Enterprise Cost-Benefit Digital Transformation Strategy 128

IBM Big Data Hub

NOVEMBER 30, 2023

Driven by accelerated hybrid cloud adoption and digital transformation efforts, the region is currently a beacon of innovation and a battleground for cyberthreats. Today, these attacks exhibit an unprecedented level of frequency, ingenuity and speed. “IBM’s deep industry expertise in security domain was a big reason.

Cost-Benefit 74

Cost-Benefit Digital Transformation Data-driven Strategy 74

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

IBM Big Data Hub

JULY 19, 2023

The industry is under tremendous pressure to accelerate drug development at an optimal cost, automate time- and labor-intensive tasks like document or report creation to preserve employee morale, and accelerate delivery. This digital data is coming at the industry in various formats, like unstructured text, images, PDFs and emails.

Consulting 66

Consulting Machine Learning Manufacturing Optimization 66

IBM Big Data Hub

DECEMBER 12, 2023

An IBM CEO study , based on interviews with 3,000 CEOs worldwide, reveals that CEOs who successfully integrate sustainability and digital transformation report a higher average operating margin than their peers. Strategic planning and operational efficiency Strategic maintenance planning drives significant cost savings.

Management 78

Management Cost-Benefit Optimization Strategy 78

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. 1- Treating data as a strategic business asset . 2- Operationalizing adaptive AI systems for quicker business decision-making.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

CIO Business Intelligence

FEBRUARY 13, 2023

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). Cold: On-prem infrastructure As they did in 2022, many IT leaders are reducing investments in data centers and on-prem technologies. “We

IT 145

IT Insurance Machine Learning Marketing 145

IBM Big Data Hub

MAY 16, 2023

According to an Everest Group® study , offshore MMS centers increased over 50% from 2019 to 2022. This complexity translates into higher costs and makes it difficult for marketing teams to keep up. These components come together to create end-to-end operations efficiency, experience optimization and data optimization.

Marketing 76

Marketing Management Optimization Cost-Benefit 76

AWS Big Data

APRIL 25, 2024

In the era of data, organizations are increasingly using data lakes to store and analyze vast amounts of structured and unstructured data. Data lakes provide a centralized repository for data from various sources, enabling organizations to unlock valuable insights and drive data-driven decision-making.

Optimization 67

Optimization Data Lake Cost-Benefit Reporting 67

IBM Big Data Hub

OCTOBER 13, 2023

In IDC’s 2022 Global Supply Chain Survey , they identified that “lack of visibility and resiliency to see necessary changes in time to react effectively” was the most problematic and unaddressed deficiency in modern supply chain management and inventory optimization.

Marketing 75

Marketing Cost-Benefit Optimization Digital Transformation 75

CIO Business Intelligence

JANUARY 20, 2023

In 2022, the percentage of remote workdays in the US soared above the pre-pandemic levels of 5 percent to reach 30 percent. [1] In 2022, the percentage of remote workdays in the US soared above the pre-pandemic levels of 5 percent to reach 30 percent. [1] Additionally, VDI can reduce operational costs in two ways.

Technology 59

Technology Cost-Benefit Deep Learning Modeling 59

CIO Business Intelligence

AUGUST 8, 2022

Key ICT trends for 2022. This includes, but is not limited to: Cyber security While digital acceleration provides serious benefits, it’s imperative that your cloud services are secure and protected from cyber threats. Every year in Australia there are more than 50,000 instances of reported cybercrime.

Sales 69

Sales Cost-Benefit Digital Transformation Enterprise 69

IBM Big Data Hub

AUGUST 14, 2023

The Cost of a Data Breach 2023 global survey found that extensively using artificial intelligence (AI) and automation benefited organizations by saving nearly USD 1.8 million in data breach costs and accelerated data breach identification and containment by over 100 days, on average.

Cost-Benefit 61

Cost-Benefit Machine Learning Consulting Data mining 61

Rita Sallam

AUGUST 28, 2022

The first one happened at our Data and Analytics Summit in London this past May. Last week, we ran the Analytics and BI Bake-off at the Data and Analytics Summit in Orlando with 5,500 of our closest D&A friends! These were our first in-person Data & Analytics Summits since 2019. What Data Did We Use?

Analytics 52

Analytics Data Analytics Cost-Benefit Measurement 52

CIO Business Intelligence

JANUARY 23, 2023

Microsoft stands to benefit from its investment in three ways. As OpenAI’s exclusive cloud provider it will see additional revenue for its Azure services, as one of OpenAI’s biggest costs is providing the computing capacity to train and run its AI models. That app, Microsoft Designer , is currently in closed beta test.

Enterprise 131

Enterprise Deep Learning Recreation/Entertainment Interactive 131

IBM Big Data Hub

AUGUST 11, 2023

The advancement of computing power over recent decades has led to an explosion of digital data, from traffic cameras monitoring commuter habits to smart refrigerators revealing how and when the average family eats. Both computer scientists and business leaders have taken note of the potential of the data. How the models are stored.

Data Science 59

Data Science Machine Learning Cost-Benefit Deep Learning 59

CIO Business Intelligence

NOVEMBER 17, 2022

Deciding what to host where, while managing costs and supporting network agility, is now part and parcel of the deployment of applications and services, both on- and off-premises. AI Ops-driven operations There is increasing complexity in managing modern, highly distributed and increasingly more intelligent networks.

Internet of Things 59

Internet of Things Data-driven Cost-Benefit Digital Transformation 59

AWS Big Data

MARCH 26, 2024

This view is used to identify patterns and trends in customer behavior, which can inform data-driven decisions to improve business outcomes. In 2022, AWS commissioned a study conducted by the American Productivity and Quality Center (APQC) to quantify the Business Value of Customer 360.

Data Strategy 69

Data Strategy Strategy Data Warehouse Prescriptive Analytics 69