Smart Data Collective

OCTOBER 13, 2021

As technology continues to advance data generation across the world, it’s safe to say that investing in data solutions will be crucial to seeing business growth and success in 2022 and beyond. Though data can be expensive, it offers one of the greatest return on investment (ROI) for businesses. How can data help my business?

Internet of Things 123

Internet of Things Advertising IoT ROI 123

CIO Business Intelligence

JANUARY 25, 2024

For enterprise executives in 2024, that means right-sizing those expectations and getting to work: justifying the right use cases, forming teams, and tracking progress and ROI. Here are three strategies designed to help CIOs and others maximize their return not just on AI, but all essential tech.

ROI 105

ROI Experimentation Sales Finance 105

Smart Data Collective

MARCH 23, 2023

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. However, they still need to make sure they use cost-effective strategies to develop it.

Software 115

Software Strategy Cost-Benefit Testing 115

Alation

APRIL 27, 2022

Investing in technologies and strategies that support a data culture is essential to overcoming such obstacles. As the report firmly states, building a data culture is a business imperative in 2022. The C-Suite Data and Analytics Investment Strategy Gap. A data catalog is one data and analytics tool with proven, justifiable ROI.

Reporting 52

Reporting Data-driven Digital Transformation Data Governance 52

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. . No ROI, no investment.

Marketing 52

Marketing Strategy ROI Digital Transformation 52

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. When used appropriately, it can significantly improve your overall ROI.

Software 100

Software Strategy Testing Advertising 100

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 98

Management Cost-Benefit Insurance ROI 98

Smart Data Collective

JANUARY 27, 2022

Research has shown that companies with big data strategies are 19 times more likely to become profitable. Unfortunately, some businesses have made poor decisions when instituting a data strategy. They have heard that big data can be useful, so they invest in it without much consideration for their ROI.

Optimization 107

Optimization IT Big Data Cost-Benefit 107

CIO Business Intelligence

NOVEMBER 20, 2023

Of customers who turned to a support bot from December 2022 to February 2023, only 25% said they would willingly use them again to solve a problem, according to Gartner. Where should companies invest in generative AI strategies to get the biggest payoffs with the lowest risks? She’s been replaced by a second-generation AI bot, Bo.)

Interactive 129

Interactive Risk ROI Testing 129

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? Quantify the value: Use data and metrics to demonstrate the potential return on investment (ROI) of IT initiatives.

Modeling 105

Modeling Cost-Benefit Digital Transformation ROI 105

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

Smart Data Collective

JANUARY 30, 2023

In 2022, one of the biggest breakthroughs ever was the emergence of AI art. 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.

Advertising 99

Advertising Cost-Benefit Marketing Strategy 99

CIO Business Intelligence

AUGUST 23, 2022

who all have a vested interest in the network.These stakeholders, primarily the C-suite, should measure investments in terms of money, risk, and time, as well as make decisions based on a solid understanding of the return on investment (ROI). 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

JANUARY 10, 2024

FinOps is part of the equation, but from a CIO perspective, you need a top-down view that starts with the strategy before you talk about the components of it,” McMasters says. Refactoring applications to take advantage of cloud-native services is vital to maximizing cloud ROI. That helps me plan.”

Cost-Benefit 124

Cost-Benefit Measurement Optimization Metrics 124

CIO Business Intelligence

FEBRUARY 22, 2023

Throughout 2022, several large enterprises, including NAB, doubled-down on their cloud migration plans, while the vast majority of the CIO50 listed this among their top priorities. Have your intrusion detection and prevention strategies have changed as you move systems and applications off your on-premise facilities and into the cloud?

Risk 105

Risk Cost-Benefit ROI Strategy 105

Smart Data Collective

DECEMBER 17, 2021

How Do I Digitize My Data to Get the Most Out of My BI Strategy? To get the most out of your BI strategy, you need to convert your data into a digital format. There are many benefits of digitizing your data to get the most out of your BI strategy. What is the ROI of BI Solutions in 2022?

Business Intelligence 96

Business Intelligence Cost-Benefit Dashboards Interactive 96

IBM Big Data Hub

OCTOBER 18, 2022

It’s sustainability, reveals IBM’s Institute for Business Value 2022 CEO Study “Own your impact: Practical pathways to transformational sustainability” As pressures from a broad set of stakeholders, most notably executive boards and investors, drive CEOs to define and pursue sustainability goals, CEOs are taking action.

Uncertainty 52

Uncertainty Strategy Measurement Digital Transformation 52

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

JUNE 27, 2022

“Too often, technology companies pay consulting or analyst firms to create metrics based on the best characteristics of their offerings,” says Judith Hurwitz, CEO of Hurwitz Strategies, an emerging technology consulting firm. If so, will it help determine a business strategy, a technology selection, or some other need?

Metrics 133

Metrics KPI IT Consulting 133

Smart Data Collective

JULY 4, 2022

In this piece, we will look at the top eLearning trends driven by big data that are taking hold in 2022, which will be the most useful in implementing eLearning programs across enterprises without taking a break from your learning and development process. Academic institutions are going to have to rely more on big data than ever.

Data-driven 128

Data-driven Big Data Interactive Recreation/Entertainment 128

IBM Big Data Hub

SEPTEMBER 6, 2023

Content generation: The recent launch of OpenAI’s generative AI platform ChatGPT in November of 2022 has prompted a flood of new use cases for AI. Search engine optimization (SEO): Deploying an AI solution to enhance search engine optimization (SEO) helps marketers increase page rankings and develop more sound strategies.

Marketing 85

Marketing Technology Advertising ROI 85

CIO Business Intelligence

SEPTEMBER 14, 2023

That expertise and his own followership has landed him a chief technical role several times and earned him Dallas CIO of the Year in 2022. Lansing suggests a couple of strategies to get people sharing. Brett Lansing, CIO of multibillion-dollar home healthcare provider AccentCare, has written the playbook on building followership.

ROI 105

ROI Modeling Risk Strategy 105

IBM Big Data Hub

JUNE 2, 2023

At re:Invent 2022, IBM Consulting was awarded the Global Innovation Partner of the Year and the GSI Partner of the Year for Latin America, cementing client and AWS trust in IBM Consulting as a trusted partner of choice, when it comes to AWS. In 2022, IBM Consulting leveraged AIMM and worked with another major U.S.

Consulting 87

Consulting Cost-Benefit Technology ROI 87

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. “AI

IT 128

IT Consulting Testing Cost-Benefit 128

Smarten

APRIL 18, 2023

ChatGPT is an AI chatbot developed by OpenAI, launched in November 2022. If you have questions about artificial intelligence (AI), or if your organization is considering the implementation of a Digital Transformation (Dx) strategy , Contact us to find out more. It is built on OpenAI’s GPT-3.5

Digital Transformation 52

Digital Transformation Experimentation ROI Technology 52

CIO Business Intelligence

FEBRUARY 21, 2023

Veteran IT executives and executive advisors offer the following 10 strategies that CIOs can employ to increase the velocity of IT work and the delivery of transformative initiatives. Educate your IT team on key business drivers By now, CIOs everywhere have gotten the message that they must align with the business and its strategies.

Digital Transformation 145

Digital Transformation Marketing Technology Software 145

CIO Business Intelligence

AUGUST 21, 2023

Additionally, only 30% say they’re extremely prepared or even ready to leverage generative AI today and just 42% fully believe that they’ll have the skills in place to implement the technology in the next 6 to 12 months, among other issues their gen AI strategies face today. Yet that isn’t holding back expectations.

Technology 145

Technology IT Uncertainty Reporting 145

Smart Data Collective

JANUARY 26, 2022

There are a lot of benefits of using artificial intelligence in 2022. One of the biggest reasons that many people use AI is to improve their marketing strategies. A recent survey found that 64% of marketers reported that data-driven marketing strategies are more important than ever. One of them is with YouTube.

Data-driven 92

Data-driven Marketing Visualization Recreation/Entertainment 92

CIO Business Intelligence

JANUARY 4, 2023

Cloud, sustainability, scale, and exponential data growth—these major factors that set the tone for high performance computing (HPC) in 2022 will also be key in driving innovation for 2023. Ready to evolve your analytics strategy or improve your data quality? Yes, specific AI workflows require special hardware configurations.

Cost-Benefit 59

Cost-Benefit Machine Learning Modeling Uncertainty 59

DataRobot Blog

NOVEMBER 15, 2022

At the DataRobot Booth at Big Data AI World Asia 2022 Chief Data Officers data scientists and IT leaders learned the latest in AI-driven business outcomes. The panel discussion focused on Boyd’s Law of Iteration—a theory from dogfighting (military aviation strategy) which believes that the speed of iteration beats the quality of iteration.

Big Data 52

Big Data Experimentation Data-driven Machine Learning 52

Jedox

APRIL 23, 2020

According to Gartner’s 2020 SPM report, 40% of B2B companies with over 100 salespeople will have an SPM solution in place by 2022. Implementation of existing SPM software takes too much time and resources, jeopardizing the short-term ROI and posing long-term risks as business strategy changes over time. Fixed Data Model.

Sales 52

Sales Management B2B Dashboards 52

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? We will publish a new Top Trends for D&A for 2022 in a couple of months. – We do have a job description of a CDO.

Analytics 64

Analytics Measurement Modeling Data-driven 64

CIO Business Intelligence

APRIL 22, 2024

“A truly business-driven IT team shouldn’t just be aligned with business strategy, it should have a seat at the leadership table, have a hand in directing business strategy, and be brought in on any major transformational initiatives from the get-go.” But now we’re integral to the strategy as it’s being created.

IT 121

IT Data-driven Strategy Consulting 121

datapine

MAY 31, 2022

In fact, the Foundry’s recently published Cloud Computing Study (2022) found that 84% of organizations have at least one application, or a portion of their computing infrastructure already in the cloud. We discussed already some of these cloud computing challenges when comparing cloud vs on premise BI strategies.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

DECEMBER 15, 2022

The company received the Asia Responsible Enterprise Awards 2022 for circular economy leadership , which recognized IVL’s successful PET Bottles Recycling to Personal Protection Equipment (PPE) Distribution project. IVL expects ROI at the PNO facility to total 5 to 20 times the cost of implementation over the next five years.

Risk 97

Risk Digital Transformation Software ROI 97

CIO Business Intelligence

AUGUST 2, 2022

billion in 2022, up by 19.5% This is because other technology improvements—such as modernization of integration strategy, distributed cloud storage, and spending on cloud-native applications—to achieve business architecture composability is taking precedence over automation or process efficiency demands, the company said.

Software 122

Software Sales Forecasting ROI 122

CIO Business Intelligence

SEPTEMBER 25, 2023

Am I using data to drive my transformation strategy? Is my strategy organized around problems to solve, or technologies? Every successful digital transformation I’ve seen is organized around a strategy problem to solve or a growth opportunity,” he adds. Digital Transformation, IT Leadership, IT Strategy

Digital Transformation 145

Digital Transformation Measurement Data-driven Metrics 145