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10 Best Big Data Analytics Tools You Need To Know in 2023

FineReport

To choose the right big data analytics tools, it is important to consider various factors specific to the business. Here are some key factors to keep in mind: Understanding business objectives : It is important to identify and understand the business objectives before selecting a big data tool.

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Business Strategies for Deploying Disruptive Tech: Generative AI and ChatGPT

Rocket-Powered Data Science

Generative AI is the biggest and hottest trend in AI (Artificial Intelligence) at the start of 2023. Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy.

Strategy 290
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Transforming IT for digital success

CIO Business Intelligence

According to its 2023 research paper Total Enterprise Reinvention , “only 8% of companies are moving to adopt a strategy of Total Enterprise Reinvention.” Meanwhile, 86% are what Accenture deemed “transformers,” meaning they’re “transforming parts of their business rather than the whole. “Too

IT 137
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14 in-demand cloud roles companies are hiring for

CIO Business Intelligence

To tackle that, businesses are turning their budgets toward the cloud, with two out of every three IT decision-makers planning to increase cloud budgets in 2024, and nearly a third (31%) reporting that 31% of their IT budget is earmarked for cloud computing, according to the 2023 Cloud Computing Study from CIO.com parent company Foundry.

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Think Your Company Doesn’t Need a Chief Data Officer? Here Are 7 Reasons Why It Does

Cloudera

Gartner’s CDO Agenda Survey for 2023 found that 78% of surveyed data leaders rank organizational data strategy and vision as one of their top three priorities, and 68% are prioritizing initiatives based on alignment to strategic goals. Those returns are often measured in business value.

IT 81
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13 essential skills for accelerating digital transformation

CIO Business Intelligence

Digital transformation is indeed a cornerstone of business strategy today, as 89% of enterprises see digital business as core to their growth, according to Gartner’s Board of Directors 2023 Survey. Companies traditionally used NPS as the way to measure the success of customer experience — this was a backward-looking score.

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What is a KPI Report? Definition, Examples, and How-tos

FineReport

Key Performance Indicators (KPIs) serve as vital metrics that help measure progress towards business goals. To effectively monitor and analyze these metrics, businesses utilize KPI reports. These reports assist companies in achieving their business objectives by identifying strengths, weaknesses, and trends.

KPI 52