CIO Business Intelligence

JANUARY 16, 2023

Choice Hotels International’s early and big bet on the cloud has allowed it to glean the many benefits of its digital transformation and devote more energies to a key corporate value — sustainability, its CIO maintains. It also helped reduce energy consumption and costs. All the logic is still in Java hosted on Amazon’s infrastructure.”

Cost-Benefit 139

Cost-Benefit Digital Transformation Data Warehouse Data-driven 139

CIO Business Intelligence

JUNE 13, 2022

Juniper Research predicts that chatbots will account for 79% of successful mobile banking interactions in 2023. And the chatbot would be able to understand what you were asking, run analytics on your purchases, and give you a total. And that not only benefits customers, but it can also increase morale among the employees.

Data Processing 87

Data Processing Deep Learning Insurance Cost-Benefit 87

CIO Business Intelligence

OCTOBER 21, 2022

But, with all this growth comes new potential costs. Amid a fast-changing landscape, contact center executives have a critical task: Keep pace and grow while also reducing costs and driving efficiency. Let’s look at four key decisions that can fuel effective cost management in contact centers. billion by 2030, a CAGR of 24.8%.

Cost-Benefit 75

Cost-Benefit Testing Metrics Marketing 75

Laminar Security

DECEMBER 1, 2023

According to a recent report by IBM , the average cost of a data breach in 2023 was $4.24 Laminar’s State of Cloud Data Security Report 2023 revealed that three out of four respondents acknowledged that their cloud environments were breached in the previous year. million, the highest it’s been in 17 years.

Modeling 52

Modeling Cost-Benefit Risk Data-driven 52

AWS Big Data

MAY 31, 2024

This encompasses tasks such as integrating diverse data from various sources with distinct formats and structures, optimizing the user experience for performance and security, providing multilingual support, and optimizing for cost, operations, and reliability. The following diagram illustrates the solution architecture.

Metadata 107

Metadata Management Testing Data-driven 107

AWS Big Data

MARCH 10, 2023

Moreover, many customers are looking for an architecture where they can combine the benefits of a data lake and a data warehouse in the same storage location. The transformed zone is an enterprise-wide zone to host cleaned and transformed data in order to serve multiple teams and use cases.

Data Lake 102

Data Lake Sales Data Warehouse Snapshot 102

DataKitchen

FEBRUARY 21, 2023

On 24 January 2023, Gartner released the article “ 5 Ways to Enhance Your Data Engineering Practices.” Or, as one of our customers put it, “How do I increase the total amount of team insight generated without continually adding more staff (and cost)?” Staff turnover, stress, and unhappiness. And that code creates complexity.

Data-driven 130

Data-driven Testing Risk Cost-Benefit 130

IBM Big Data Hub

MAY 26, 2023

Leading life sciences companies are discovering the power of cloud in enabling analytics and artificial intelligence (AI) , shrinking innovation cycles, and standardizing processes across global operations, among other benefits. Of these breaches, 45% were cloud-based, costing USD 10.10M on an average, per breach.

Consulting 74

Consulting Cost-Benefit Optimization Machine Learning 74

Smart Data Collective

JANUARY 11, 2021

A number of manufacturers are relying more on analytics technology to streamline their operations. Cloud computing is also helping manufacturing companies to reduce costs, innovate, and increase their competitiveness. There are three major benefits that we highlighted here. Can Help to Provide Better Quality.

Manufacturing 100

Manufacturing Cost-Benefit Internet of Things Big Data 100

CIO Business Intelligence

JANUARY 4, 2023

In its Worldwide Sustainability/ESG 2023 Predictions , analyst firm IDC sees digital and sustainability transformations converging. This should not just be a discussion about costs; sustainability should be considered as a business outcome.” This will drive down your cost and have a positive impact on sustainability at the same time.”

IT 123

IT Internet of Things Reporting Cost-Benefit 123

IBM Big Data Hub

APRIL 18, 2024

While leaders have some reservations about the benefits of current AI, organizations are actively investing in gen AI deployment, significantly increasing budgets, expanding use cases, and transitioning projects from experimentation to production. 46% of survey respondents in 2024 showed a preference for open source models.

Cost-Benefit 89

Cost-Benefit Modeling Manufacturing Interactive 89

Laminar Security

DECEMBER 11, 2023

Another report by the Ponemon Institute found that the average cost of an insider threat incident had increased from $15.4 million in 2023. DDR monitors data activity across endpoints, networks, cloud, and applications using artificial intelligence, machine learning, and behavioral analytics. million in 2022 to $16.2

Behavioral Analytics 55

Behavioral Analytics Machine Learning Risk Cost-Benefit 55

datapine

MAY 31, 2022

3) Cloud Computing Benefits. It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

IBM Big Data Hub

JULY 24, 2023

And yet, CIOs say their executives believe 59% of digital initiatives take too long to complete and 52% take too long to realize value, according to a 2023 Gartner survey. Organizations can use all this data to understand the overall health of their system through IT operations analytics. billion business.

IT 54

IT Analytics Cost-Benefit Predictive Analytics 54

CIO Business Intelligence

FEBRUARY 20, 2024

No wonder CIO’s 2023 AI Priorities study found that data integration was the number one concern for IT leaders around generative AI integration, above security and privacy and the user experience. Since without the right training, management and integration, they’ll be unable to realise the benefits of AI investments.

Cost-Benefit 100

Cost-Benefit Data Lake Data Warehouse Data Processing 100

IBM Big Data Hub

APRIL 4, 2024

In a report from Technavio (link resides outside ibm.com), the private cloud services market size is estimated to grow at a CAGR of 26.71% between 2023 and 2028, and it is forecast to increase by USD 619.08 Private cloud combines the main benefits of cloud computing—chiefly on-demand access to computing resources (e.g.,

Data Processing 91

Data Processing Cost-Benefit Software Digital Transformation 91

Smart Data Collective

SEPTEMBER 6, 2020

Data analytics is revolutionizing the future of ecommerce. A growing number of ecommerce platforms have expressed the benefits of data analytics technology and incorporated them into their solutions. Essential Benefits of Big Data in Ecommerce Applications. trillion by 2023 and constitute 17% of all B2B sales.

B2B 108

B2B Data Analytics Analytics Cost-Benefit 108

CIO Business Intelligence

JANUARY 20, 2023

BI tools access and analyze data sets and present analytical findings in reports, summaries, dashboards, graphs, charts, and maps to provide users with detailed intelligence about the state of the business. Benefits of BI BI helps business decision-makers get the information they need to make informed decisions.

Business Intelligence 140

Business Intelligence Dashboards Data mining OLAP 140

datapine

DECEMBER 11, 2019

SaaS is a software distribution model that offers a lot of agility and cost-effectiveness for companies, which is why it’s such a reliable option for numerous business models and industries. Some examples are healthcare analytics software, retail analytics , or modern logistics analytics. 6) Micro-SaaS.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

CIO Business Intelligence

AUGUST 15, 2023

With the avatar deployed, CSN officials plan to measure whether Digital President Zaragoza improves student engagement, learning outcomes, student satisfaction, retention, and accessibility, in addition to producing time and costs savings. The company expects 60% growth to its waterpark-themed resorts in the next three years.

IT 92

IT Manufacturing IoT Cost-Benefit 92

IBM Big Data Hub

SEPTEMBER 27, 2023

The average cost of a data breach set a new record in 2023 of USD 4.45 Legacy systems and architectures led to unsustainable costs of data ingestion, analysis, and storage, as well as performance issues when searching and analyzing threats across massive datasets.

Cost-Benefit 94

Cost-Benefit OLAP Dashboards Visualization 94

CIO Business Intelligence

JULY 5, 2023

Those with sight, neurodiversity or motor skills illnesses are often excluded from the benefits of the internet, but forthcoming legislation will go some way toward correcting this oversight. Disability user experience In 2023, it’d be unimaginable for an organization not to provide physical access to its buildings or services to customers.

Cost-Benefit 86

Cost-Benefit Recreation/Entertainment Marketing Digital Transformation 86

CIO Business Intelligence

FEBRUARY 27, 2023

Since then, Barioni has taken control of the situation, putting into action a multi-year plan to move over half of Reale Group’s core applications and services to just two public clouds in a quest for cost optimization and innovation. Why build a multicloud infrastructure?

Cost-Benefit 143

Cost-Benefit Insurance Enterprise Optimization 143

IBM Big Data Hub

JANUARY 30, 2024

Increasingly, enterprise organizations are adopting a multicloud approach—the use of cloud services from more than one cloud vendor—to optimize performance, control costs and prevent vendor lock-in. billion in 2023. Webex or Slack) hosted over the public internet. to total $678.8 billion in 2024, up from $563.6

Strategy 91

Strategy Cost-Benefit Risk Optimization 91

CIO Business Intelligence

JANUARY 30, 2024

Creating this partnership has the benefit of bringing a cohesive view forward with the right goals.” SustainableIT.org, on whose board both Kaur and Karcher sit, offers CIOs no-cost frameworks, data, and reporting standards, as well as case studies and practical advice from IT peers.

Reporting 102

Reporting Data Quality Strategy Data-driven 102

IBM Big Data Hub

JULY 17, 2023

.” Sean Im, CEO, Samsung SDS America “In the field of generative AI and foundation models, watsonx is a platform that will enable us to meet our customers’ requirements in terms of optimization and security, while allowing them to benefit from the dynamism and innovations of the open-source community.”

Machine Learning 62

Machine Learning Data Warehouse Modeling Cost-Benefit 62

AWS Big Data

NOVEMBER 8, 2023

Save the date: AWS re:Invent 2023 is happening from November 27 to December 1 in Las Vegas, and you cannot miss it. Learn how to utilize your datasets using Amazon SageMaker and Amazon Bedrock and popular frameworks like PyTorch with AWS compute, storage, and analytics. Reserve your seat now! Reserve your seat now!

Data-driven 89

Data-driven Data Lake Machine Learning Cost-Benefit 89

DataRobot Blog

MARCH 7, 2023

DataRobot is available on Azure as an AI Platform Single-Tenant SaaS, eliminating the time and cost of an on-premises implementation. The DataRobot AI Platform seamlessly integrates with Azure cloud services, including Azure Machine Learning, Azure Data Lake Storage Gen 2 (ADLS), Azure Synapse Analytics, and Azure SQL database.

Data-driven 59

Data-driven Machine Learning Experimentation Data Lake 59

Laminar Security

MAY 3, 2023

According to our recent State of Cloud Data Security Report 2023 , 77% of organizations experienced a cloud data breach in 2022. In fact, 93% of security professionals surveyed in 2023 are concerned about it. Gartner, Innovation Insight: Data Security Posture Management, Brian Lowans, Joerg Fritsch, Andrew Bales, 28 March 2023.

Management 52

Management Risk Risk Management Data Processing 52

Jet Global

AUGUST 24, 2023

Accept and Address the Financial Impact of Cloud Adoption, 2023 Download Now Hybrid ERP – The Best of Both Worlds? This optimization leads to improved efficiency, reduced operational costs, and better resource utilization. Cost Optimization: The hybrid model allows finance teams to balance their expenses effectively.

Finance 52

Finance Reporting Data Integration Risk 52