Smart Data Collective

DECEMBER 13, 2021

More companies are using sophisticated data analytics and AI tools to overhaul their business models. E-commerce Companies Are Using Big Data Technology to Improve the Execution of their Marketing Strategies. More e-commerce companies are leveraging analytics and AI to improve their business strategies.

Data-driven 136

Data-driven Marketing Strategy Big Data 136

AWS Big Data

JANUARY 31, 2023

For AWS customers, effective data governance improves decision-making, increases business agility, provides a competitive advantage, and reduces the risk of fines due to non-compliance with regulatory obligations. In the rest of this post, we are happy to share the progress we made in 2022.

Data Lake 83

Data Lake Data Governance Data Architecture Data Warehouse 83

CIO Business Intelligence

JULY 18, 2023

Enterprises have been evolving toward as-a-Service models for years, but most of this transition has been executed in software, via SaaS and other subscription models. The PC-as-a-Service (PCaaS) model makes it just as efficient to deploy and support your PC fleet. Learn more about Dell APEX PCaaS here. Analytics

Strategy 98

Strategy Consulting Software Modeling 98

Smart Data Collective

DECEMBER 5, 2021

Organizations continue to identify strategies to improve security protocols and practices for remote teams when they would have otherwise been using a secure network. The following is a comprehensive guide to what you should know for the implementation of a Zero Trust security approach if it’s a 2022 organizational priority.

Internet of Things 115

Internet of Things Risk IoT Big Data 115

Smart Data Collective

MARCH 1, 2022

More companies are using AI technology to automate their social media marketing strategies. These tools use complex AI technology to make it easier to automate your Twitter marketing strategy. Twitter’s Hottest AI-Driven Bots and Tools for 2022. Twesocial’s model is all about naturally growing your audience.

Marketing 122

Marketing Data-driven Cost-Benefit ROI 122

CIO Business Intelligence

MARCH 15, 2023

Endpoint security requires a comprehensive and flexible strategy that goes way beyond what security teams relied on a decade or more ago. They increased 23% from 2021 to 2022. In 2022, that number jumped to 43%. That’s because in the past year, attackers have adopted new models for extorting money from victims.

Strategy 96

Strategy Management Software Risk 96

CIO Business Intelligence

NOVEMBER 17, 2022

Senior executives around the world are realising their business success is irrevocably tied to their network strategy. This is clear from NTT’s 2022–23 Global Network Report , for which we conducted 1,378 in-depth interviews across 21 countries in the Americas, Europe, Asia Pacific, the Middle East and Africa, and Australia and New Zealand.

Reporting 52

Reporting Digital Transformation Strategy Business Intelligence 52

CIO Business Intelligence

MARCH 22, 2022

March 2022. He has assisted the top management in planning IT strategies and leveraging technologies for rationalizing manpower, enhancing organizational productivity, and improving the efficiency of operations. February 2022. January 2022. He will also plan and implement the company’s IT and digital strategy.

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98

CIO Business Intelligence

JANUARY 23, 2023

The tech industry has long been known for its lack of diversity and, as a result, there’s been a big push for companies to take DEI strategies seriously. times higher cash flow per employee and three in four job seekers and workers prefer diverse companies, according to data from a 2022 BuiltIn report.

Strategy 98

Strategy IT Reporting Data Processing 98

CIO Business Intelligence

DECEMBER 18, 2023

This year, GenAI and Large Language Models, such as ChatGPT, are positioned as vectors of change. Developing generative AI implementation strategies will be imperative for technology leaders, prioritizing key areas such as business model building, internal operational improvements, risk mitigation, and overall organizational efficiency.

Cost-Benefit 110

Cost-Benefit Risk Strategy Manufacturing 110

CIO Business Intelligence

MAY 14, 2024

Like many public health agencies across the US, the King County Medical Examiner’s Office tracks drug overdose deaths to target interventions for populations at risk and save lives. Seattle, the county seat, reported nearly 600 drug overdose deaths in 2022, an increase of 72% from the previous year.

Deep Learning 96

Deep Learning Machine Learning Reporting Experimentation 96

CIO Business Intelligence

SEPTEMBER 14, 2023

Nasdaq is currently using gen AI for a range of applications, including supporting digital investigators’ efforts to identify financial crime risk and empowering corporate boards to consume presentations and disclosures more efficiently. The company, which reported net revenues of $3.6

Risk Management 116

Risk Management Risk Marketing Cost-Benefit 116

CIO Business Intelligence

MAY 15, 2024

After a tumultuous 2022, organizations were looking for a year of certitude and growth in 2023. This was 12 months in which interest rates and inflation soared, and persistent business, economic, and geopolitical uncertainty weighed heavily on corporate strategy. Large language models (LLMs) are only as good as the data they leverage.

Uncertainty 64

Uncertainty Risk Business Objectives Software 64

CIO Business Intelligence

JUNE 21, 2023

In 2022, companies were still reeling from the rapid digital transformation efforts to survive the pandemic. How do you convince decision-makers to collaborate on linking IT strategy with business strategy? Show the short-term and long-term benefits, along with the associated costs and risks.

Modeling 105

Modeling Cost-Benefit ROI Digital Transformation 105

Smart Data Collective

JANUARY 30, 2023

AI Technology is Driving Major Changes in Software Development in an Uncertain Economy As 2022 is slowly coming to an end, we can’t say this is precisely what we thought the business environment would look like five years ago. So, how can one create software with as little risk as possible? Cyber attacks.

Software 98

Software Strategy Testing Advertising 98

CIO Business Intelligence

JULY 20, 2023

Workflow automation and data analytics are streamlining document management, cross-checking data, assessing for risk, ensuring regulatory compliance, and so on. Conducted by Quadrant Strategies for Iron Mountain. Top technologies flagged on Twitter cover the period January 2021–December 2022. Digital Transformation

Technology 98

Technology Finance Advertising Digital Transformation 98

IBM Big Data Hub

FEBRUARY 7, 2024

1 In pursuit of net zero, organizations will focus their sustainability efforts on two paths in 2024: Clean energy : The transition from fossil fuels to renewable energy sources is central to sustainability strategies and net zero initiatives, and was a central issue last year at the United Nations’ COP28 climate summit.

Reporting 101

Reporting Cost-Benefit Internet of Things Data-driven 101

IBM Big Data Hub

MAY 25, 2023

The Center of Excellence (CoE) already has more than 1,000 consultants with specialized generative AI expertise that are engaging with a global set of clients to drive productivity in IT operations and core business processes like HR or marketing, elevate their customer experiences and create new business models.

Consulting 110

Consulting Experimentation Machine Learning Modeling 110

CIO Business Intelligence

OCTOBER 4, 2023

One strategy, five keys From a technological point of view, the brand’s strategic engine is divided into five investment areas. From 2016 to 2022, the company went from processing a payments volume of $354 billion to $1.36 User data is also housed in this layer, including profile, behavior, transactions, and risk.

Digital Transformation 132

Digital Transformation Deep Learning Data Lake Risk 132

BizAcuity

APRIL 25, 2022

Casinos would do well to think through their marketing strategies, to support growth, differentiate themselves from competitors, and strengthen their relationship with patrons and members. According to Statista, the US online gambling market is expected to reach $93 billion by 2023 from $67 billion in 2022. . Casino Marketing matters.

Marketing 52

Marketing Strategy ROI Digital Transformation 52

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. Without, it can create security and compliance risks—and be difficult to maintain. At the same time, innovation and modernization are imperative for business survival.

Cost-Benefit 105

Cost-Benefit Software Digital Transformation Risk 105

CIO Business Intelligence

JULY 3, 2023

But the rise of large language models (LLMs) is starting to make true knowledge management (KM) a reality. These models can extract meaning from digital data at scale and speed beyond the capabilities of human analysts. In 2022, OpenAI lost $540 million despite having raised $11.3 billion in funding rounds.

Management 105

Management Experimentation Modeling Enterprise 105

CIO Business Intelligence

SEPTEMBER 12, 2023

The NIS2 requirement to adopt Zero Trust principles reflects the shortcomings of models based on implicit trust. Zero Trust network security offers cybersecurity benefits vs. traditional perimeter-based network security models. Here are some resources that can help you gain a better understanding of Zero Trust Security principles.

IoT 97

IoT Measurement Manufacturing Finance 97

IBM Big Data Hub

MAY 6, 2024

In this chapter of the IBM series on clinical trial innovation, we spotlight key strategies for boosting recruitment speed, helping to ensure diversity, and harnessing digital advancements. It’s crucial to evaluate the feasibility of trials and refine protocols using evidence-based strategies.

Advertising 57

Advertising Data-driven Optimization Strategy 57

CIO Business Intelligence

AUGUST 23, 2022

To address this requirement and ensure seamless connectivity, organizations are rapidly adopting consumption-driven NaaS models to balance the cost of their network growth with the digital experience of their stakeholders. Transitioning to Business Value . Obtaining more insight into hidden costs (e.g., IT Leadership

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

CIO Business Intelligence

MAY 16, 2023

To gain perspective, Iron Mountain sponsored research by Quadrant Strategies, which used digital listening technologies to study public online conversation trends among enterprise decision-makers. McKinsey & Company’s 2022 Global Survey on AI says , “AI adoption globally is 2.5x higher [in 2022] than in 2017.”

Advertising 105

Advertising Recreation/Entertainment Experimentation Enterprise 105

CIO Business Intelligence

MARCH 8, 2023

Upgrading IT and data security to reduce corporate risk was the No. 1 CEO priority for respondents to the IDG/Foundry “State of the CIO Study 2022” research , cited by a third of the respondents. As enterprises modernize with cloud, connectivity, and data, they are gravitating to technology-as-a-service models to refashion IT estates.

Risk 52

Risk Strategy Management Modeling 52

DataRobot Blog

SEPTEMBER 1, 2022

For example, a recent IDC study 1 shows that it takes about 290 days on average to deploy a model into production from start to finish. Once you move your model into production, you need to monitor and manage your models to ensure that you can trust predictions and turn them into the right business decisions.

Metrics 145

Metrics Statistics Modeling Data Science 145

CIO Business Intelligence

AUGUST 24, 2023

Gen AI has the potential to magnify existing risks around data privacy laws that govern how sensitive data is collected, used, shared, and stored. We’re getting bombarded with questions and inquiries from clients and potential clients about the risks of AI.” The risk is too high.” Not without warning signs, however.

Uncertainty 98

Uncertainty Risk Testing Enterprise 98

CIO Business Intelligence

AUGUST 17, 2023

But, as with any big new wave, there is a risk of once-promising projects being washed up and there are clear and obvious concerns over governance, quality and security. Generative AI is a key part of our business strategy, facilitating growth with AI-enabled processes already live in production,” he says.

Risk 98

Risk Cost-Benefit Strategy Experimentation 98

CIO Business Intelligence

FEBRUARY 22, 2024

With the aim to accelerate innovation and transform its digital infrastructures and services, Ferrovial created its Digital Hub to serve as a meeting point where research and experimentation with digital strategies could, for example, provide new sources of income and improve company operations.

IT 105

IT Digital Transformation IoT Cost-Benefit 105

CIO Business Intelligence

FEBRUARY 13, 2023

At the same time, they are defunding technologies that no longer contribute to business strategy or growth. Fifty-two percent of organizations plan to increase or maintain their IT spending this year, according to Enterprise Strategy Group. That way, employees “can focus on creative ways to move their respective areas forward.

IT 145

IT Insurance Machine Learning Marketing 145

CIO Business Intelligence

MAY 4, 2022

Ceridian SVP and CIO Carrie Rasmussen got a 7% bump in her IT budget for 2022, with her company’s growth, its ongoing digitalization drive, and security mindfulness driving the boost. More specifically, Rasmussen is boosting her spend on cybersecurity to help manage risk, a key element for enabling Ceridian’s planned global expansion.

IT 135

IT Business Driver Reporting Uncertainty 135

CIO Business Intelligence

AUGUST 9, 2023

Once a vanguard business strategy, digital transformation has become a perennial objective for business survival. Most CEOs (72%) continue to prioritize digital investments, according to the 2022 CEO Outlook report from KPMG, in part due to concerns about emerging and disruptive technology, a top three risk to organizational growth.

Digital Transformation 137

Digital Transformation Strategy Data-driven Consulting 137

CIO Business Intelligence

OCTOBER 20, 2023

The result, Jeevanjee says, is a technology-driven business strategy “that’s a very empowering thing.” Allstate began moving to the cloud in 2019 but paused during the pandemic and began the deployment of its curated multicloud blueprint upon Jeevanjee’s return to the company in 2022. To fuel its transformation, the Northbrook, Ill.-based

Digital Transformation 136

Digital Transformation Insurance Recreation/Entertainment Machine Learning 136

Smart Data Collective

MAY 10, 2022

For example, banks now apply AI to assess credit risks with high accuracy. They include; Credit risk assessment. Credit risk assessment entails estimating the probability of a prospective borrower failing to repay a loan. If the AI model detects any, it can flag them for further investigation or automatically halt them.

Marketing 110

Marketing Technology Insurance Machine Learning 110

CIO Business Intelligence

NOVEMBER 23, 2022

Enterprise architecture definition Enterprise architecture (EA) is the practice of analyzing, designing, planning, and implementing enterprise analysis to successfully execute on business strategies. Another main priority with EA is agility and ensuring that your EA strategy has a strong focus on agility and agile adoption.

Enterprise 128

Enterprise Cost-Benefit Digital Transformation Strategy 128