IBM Big Data Hub

APRIL 25, 2024

BPR examples are not one-time projects, but rather examples of a continuous journey of innovation and change focused on optimizing end-to-end processes and eliminating redundancies. This blog outlines some BPR examples that benefit from a BPM methodology.

Cost-Benefit 62

Cost-Benefit Finance Optimization Key Performance Indicator 62

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 93

Testing Modeling Cost-Benefit Consulting 93

IBM Big Data Hub

FEBRUARY 19, 2024

The challenges continue: one 2023 survey found 44% of companies had to make changes in the past year due to issues with their supply chain footprint, and 49% said supply chain disruptions had caused planning problems.

Strategy 88

Strategy Management Forecasting Cost-Benefit 88

CIO Business Intelligence

JULY 17, 2023

Like investors, they seek optimal outcomes while minimizing risks. This includes migrating to different tools, based on changing requirements such as performance, latency, resiliency, and security, as well as cost efficiency. Cloud rebalancing or optimization? Private clouds are enjoying something of a resurgence.

Cost-Benefit 73

Cost-Benefit Optimization ROI Strategy 73

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. Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms.

Cost-Benefit 86

Cost-Benefit Scorecard Risk Recreation/Entertainment 86

IBM Big Data Hub

FEBRUARY 26, 2024

Through their commitment to developing generative AI skills and training for the telecom industry, the GSMA and IBM want to enable mobile operators to provide better services and, ultimately, help more people benefit from digital connectivity. We hope you’ll join us at booth #2H20.

Revenue Optimization 102

Revenue Optimization Cost-Benefit Enterprise Optimization 102

IBM Big Data Hub

OCTOBER 17, 2023

In a research brief defining “5 trends for 2023,” the IBM Institute for Business Value reports, “In 2023, rapid response is the new baseline. For example, events that describe changes in demand can help make better business decisions on inventory optimization.

Data-driven 83

Data-driven Cost-Benefit Uncertainty Dashboards 83

IBM Big Data Hub

DECEMBER 5, 2023

With the rise of highly personalized online shopping, direct-to-consumer models, and delivery services, generative AI can help retailers further unlock a host of benefits that can improve customer care, talent transformation and the performance of their applications. trillion on retail businesses through 2029. trillion in that year.

Unstructured Data 95

Unstructured Data Cost-Benefit Experimentation Machine Learning 95

Cloudera

OCTOBER 30, 2023

The main challenges are pointed out as a lack of resources/expertise, security, and from a different perspective, cloud cost management. The decentralized resource provisioning approach, foundational to cloud solutions and infrastructure, faces a big challenge when it comes to governing the costs of on-demand resource allocation/utilization.

Analytics 75

Analytics Cost-Benefit ROI Business Objectives 75

IBM Big Data Hub

FEBRUARY 7, 2024

These efforts often go hand in hand with broader corporate sustainability initiatives and can lead to significant cost savings and improved environmental performance. trillion in economic benefits by 2030. Companies are investing in renewable energy projects and implementing energy-efficient technologies and practices.

Reporting 98

Reporting Cost-Benefit Internet of Things Data-driven 98

IBM Big Data Hub

AUGUST 31, 2023

The Copernicus Programme also reports that multiple global heat records were broken in July 2023. The global average cost of a data breach in 2023 was USD 4.45 VTLs offer numerous benefits for IBM Power Virtual Server environments: They help automate backup and recovery processes to eliminate user disruption.

Cost-Benefit 68

Cost-Benefit Strategy Risk Optimization 68

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

IBM Big Data Hub

MAY 22, 2023

IBM is pleased to announce the availability of WebSphere Liberty InstantOn coming at the end of June 2023. Improve sustainability and reduce costs by dynamically adjusting infrastructure to demand. Businesses today need a significant return on investment and require constant control of costs. Why serverless?

Cost-Benefit 79

Cost-Benefit Risk Optimization Technology 79

IBM Big Data Hub

AUGUST 16, 2023

Gartner predicted that cloud spending would reach nearly $600 billion by the end of 2023. There are many reasons why organizations have embraced cloud services, including improved efficiencies, cost savings, scalability, flexibility and quicker time-to-market.

Cost-Benefit 69

Cost-Benefit Data Processing Optimization Software 69

IBM Big Data Hub

MAY 26, 2023

Cloud computing offers the potential to redefine and personalize customer relationships, transform and optimize operations, improve governance and transparency, and expand business agility and capability. Of these breaches, 45% were cloud-based, costing USD 10.10M on an average, per breach.

Consulting 79

Consulting Cost-Benefit Optimization Machine Learning 79

IBM Big Data Hub

JUNE 30, 2023

Optimize your maintenance inventory. As an added benefit, this can reduce working capital tied up to carrying high M&R part inventory levels. ​ Ensuring improved performance by proving out fulfillment scenarios prior to go-live​ Intelligently balancing omnichannel fulfillment costs against service to protect margins.

Consulting 72

Consulting Cost-Benefit Manufacturing B2B 72

IBM Big Data Hub

AUGUST 15, 2023

In 2023, TCS was selected to FORTUNE® magazine’s list of the World’s Most Admired Companies. Our partnership benefits from IBM’s expertise in cloud computing , artificial intelligence (AI) and analytics, and TCS’s experience in digital transformation, consulting and cloud-engineering services.

Consulting 63

Consulting Cost-Benefit Digital Transformation Testing 63

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. Summary: 10x your data engineering game.

Data-driven 130

Data-driven Testing Risk Cost-Benefit 130

IBM Big Data Hub

JANUARY 11, 2024

In this article, we’re going to look at some common threats and how disaster recovery plans (DRPs) and solutions can optimize preparedness. The benefits of business disaster recovery Disasters can cause all kinds of problems for businesses. million—a 15% increase over the last 3 years.

Cost-Benefit 103

Cost-Benefit Risk Enterprise Software 103

DataKitchen

MARCH 16, 2023

Gartner attempted to list every metric under the sun in their recent report , “T oolkit: Delivery Metrics for DataOps, Self-Service Analytics, ModelOps, and MLOps, ” published February 7, 2023. There are four main benefits of reducing errors. Forty-five metrics! Unfortunately, many teams do not track the amount of work they do.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

IBM Big Data Hub

JULY 27, 2023

IBM Partner Plus is a learning engine that unlocks the power of AI At the start of 2023 we introduced IBM Partner Plus , emphasizing expertise as the path to partner growth. Further enhancing the experience of partners, this month we implemented new co-marketing benefits that optimize the funds available at each program tier.

Cost-Benefit 60

Cost-Benefit Enterprise Marketing Technology 60

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 95

Cost-Benefit Modeling Manufacturing Interactive 95

IBM Big Data Hub

NOVEMBER 8, 2023

At the beginning of the year, we laid out a new strategy for IBM Power under the leadership of Ken King, who will be retiring by the end of 2023 after forty years with IBM. Oracle will be releasing Oracle Database 23c on Power , as part of their next Long Term Release as reported in April 2023.

Strategy 98

Strategy Cost-Benefit Data-driven Digital Transformation 98

IBM Big Data Hub

JUNE 30, 2023

Chamber of Commerce , there were more than 10 million job openings in the spring of 2023, but only 5.7 That puts workers at an advantage, allowing them to negotiate for higher pay, better benefits and conditions that create a more favorable work-life balance. According to the U.S. million unemployed workers in the U.S.

Cost-Benefit 58

Cost-Benefit Consulting Machine Learning Strategy 58

IBM Big Data Hub

JUNE 2, 2023

Our approach focuses on business data domain-centric initiatives that can deliver value in the short term and create a development ecosystem conducive to incremental optimization—instead of a risky big-bang application and infrastructure update. Empower end users with self-service catalog management. city agency serving 19M citizens.

Consulting 88

Consulting Cost-Benefit Technology ROI 88

AWS Big Data

APRIL 24, 2023

Building a data lake on Amazon Simple Storage Service (Amazon S3) provides numerous benefits for an organization. You get the flexibility to choose the table and file format best suited for your use case and get the benefit of centralized data governance to secure data access when using Athena. Choose Create bucket.

Data Lake 77

Data Lake Data Governance Cost-Benefit Machine Learning 77

IBM Big Data Hub

JULY 17, 2023

Call center operational and data optimization: Generative AI enhances the feedback loop, as it can summarize and analyze complaints, customer journeys, agent performance and more, converting a costly call center into a revenue generator by evaluating performance improvements for enhanced services.

Consulting 58

Consulting Machine Learning Deep Learning Cost-Benefit 58

IBM Big Data Hub

MARCH 18, 2024

Inexhaustible supply One of the main benefits of renewable energy sources like the sun, wind and water is that they will never run out. In contrast, non-renewable resources are not only finite, but cost more as their availability declines and require more extreme extraction methods with greater environmental impacts.

Cost-Benefit 19

Cost-Benefit Forecasting Manufacturing Optimization 19

AWS Big Data

AUGUST 23, 2023

Since its release in January 2021, the OpenSearch project has released 14 versions through June 2023. With managed domains, you can use advanced capabilities at no extra cost such as cross-cluster search, cross-cluster replication, anomaly detection, semantic search, security analytics, and more. Additional field types OpenSearch 2.7

Snapshot 93

Snapshot Dashboards Visualization Metrics 93

AWS Big Data

MARCH 2, 2023

Apache Iceberg is designed to support these features on cost-effective petabyte-scale data lakes on Amazon S3. As of January 2023, the latest release is 6.9.0. We use iceberg-blog-cluster. For this post, we walk you through how to create an EMR cluster from the console. On the Amazon EMR console, choose Create cluster.

Data Lake 116

Data Lake Data Processing Metadata Snapshot 116

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. Discover the latest information and insights from Laminar experts on our data security blog. What are the benefits of DDR? million in 2022 to $16.2

Behavioral Analytics 55

Behavioral Analytics Machine Learning Risk Cost-Benefit 55

CIO Business Intelligence

FEBRUARY 14, 2023

We know that the Contact Center-as-a-Service (CCaaS) market is growing; an increasing number of companies are choosing this flexible model to support their CX operations, and this will continue through 2023. Cost optimization: Existing IT investments can’t be cost-effectively discarded in favor of new technology.

Statistics 86

Statistics Cost-Benefit Enterprise Modeling 86

CIO Business Intelligence

FEBRUARY 12, 2024

An arrow for the right: This way lies calculating the cost of IT assets versus their business value. And frankly it’s the difference between being viewed as a cost center or as a value generator. Multicloud estates heighten cost complexity However, the IT landscape has become far more distributed of late.

Cost-Benefit 101

Cost-Benefit Optimization Software Strategy 101

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

O'Reilly on Data

NOVEMBER 28, 2023

Generative AI has been the biggest technology story of 2023. As of November 2023: Two-thirds (67%) of our survey respondents report that their companies are using generative AI. 54% of AI users expect AI’s biggest benefit will be greater productivity. Late in 2023, we suspect that relatively few companies have a policy.

Enterprise 271

Enterprise Modeling Testing Reporting 271

Cloudera

FEBRUARY 8, 2024

Overview This blog post describes support for materialized views for the Iceberg table format. Queries containing joins, filters, projections, group-by, or aggregations without group-by can be transparently rewritten by the Hive optimizer to use one or more eligible materialized views.

Snapshot 88

Snapshot Metadata Cost-Benefit Data Warehouse 88

IBM Big Data Hub

FEBRUARY 19, 2024

Financial benefits include increased revenue through the creation of adjacent industry business models, accessing new markets to establish more revenue streams, and growing existing revenue. Cost optimization can be achieved through a combination of productivity enhancements, infrastructure savings and reductions in operating expenses.

Cost-Benefit 70

Cost-Benefit Data-driven Optimization Marketing 70