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 70

Cost-Benefit Data Processing Optimization Software 70

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

CIO Business Intelligence

JUNE 13, 2022

Juniper Research predicts that chatbots will account for 79% of successful mobile banking interactions in 2023. Juniper Research forecasts that in 2023 the global operational cost savings from chatbots in banking will reach $7.3 And that not only benefits customers, but it can also increase morale among the employees.

Data Processing 102

Data Processing Deep Learning Insurance Cost-Benefit 102

CIO Business Intelligence

MARCH 11, 2024

2023 was a challenging year, to say the least, for our industry – and software/SaaS vendors were hit particularly hard. Solutions that not only span functions, but also have industry-specific features and benefits that provide more value by supporting and enabling users to be productive and more competitive in specific industries.

Manufacturing 95

Manufacturing Cost-Benefit Finance Marketing 95

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 101

Reporting Cost-Benefit Internet of Things Data-driven 101

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

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 91

Cost-Benefit Testing Metrics Marketing 91

CIO Business Intelligence

OCTOBER 23, 2023

CIOs and their IT teams have enjoyed a bump in power and prestige in recent years, as the C-suite has embraced continuous transformation, digital everything, and a host of emerging technologies — all enabled by IT. Yet many IT departments are struggling to reshape themselves to better meet the mandates of today. IT needs to go beyond that.

IT 137

IT Consulting Scorecard Key Performance Indicator 137

Cloudera

OCTOBER 30, 2023

The public cloud is increasingly becoming the preferred platform to host data analytics – related projects, such as business intelligence, machine learning (ML), and AI applications. The main challenges are pointed out as a lack of resources/expertise, security, and from a different perspective, cloud cost management. Why FinOps?

Analytics 77

Analytics Cost-Benefit ROI Business Objectives 77

CIO Business Intelligence

DECEMBER 20, 2023

million by 2028, growing at a CAGR of 7.35% from 2023 to 2028. This integration brings forth a suite of tangible benefits. Optimizing service efficiency with smooth, rapid transactions elevates overall customer satisfaction. The global delivery software market is expected to reach USD 3113.16

Software 110

Software Deep Learning B2B Cost-Benefit 110

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 82

Consulting Cost-Benefit Optimization Machine Learning 82

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 106

Cost-Benefit Risk Enterprise Software 106

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 97

Cost-Benefit Modeling Manufacturing Interactive 97

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

Smart Data Collective

JANUARY 11, 2021

Cloud computing is also helping manufacturing companies to reduce costs, innovate, and increase their competitiveness. Furthermore, the report found cloud-hosting services are expected to account for almost half of all manufacturing software usage by manufacturing companies by the year 2023. Can Help to Provide Better Quality.

Manufacturing 100

Manufacturing Cost-Benefit Internet of Things Big Data 100

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

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 131

IT Internet of Things Reporting Cost-Benefit 131

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. They’re a byproduct of data democratization, a process through which business data has been made accessible to and by many teams across the organization for innovation and optimization.

Management 52

Management Risk Risk Management Data Processing 52

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. What are the benefits of DDR? According to a report by Verizon, insider threats accounted for 30% of data breaches in 2020. 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

CIO Business Intelligence

OCTOBER 3, 2023

With demand for low-cost energy ever increasing, along with competition from renewable sources of energy, ConocoPhillips is leveraging digital twins to optimize the safety and efficiency of its assets. Dubbed the ConocoPhillips Global Digital Twin Program, it’s earned ConocoPhillips a 2023 CIO 100 Award in IT Excellence.

Digital Transformation 121

Digital Transformation Cost-Benefit Data Processing Optimization 121

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 104

Data Processing Cost-Benefit Software Digital Transformation 104

IBM Big Data Hub

MARCH 28, 2024

billion in 2023. Private cloud combines the primary benefits of cloud computing (e.g., Private cloud combines the primary benefits of cloud computing (e.g., A hybrid cloud unifies public cloud, private cloud and traditional on-premises to create a single, flexible and cost-efficient IT infrastructure.

Enterprise 111

Enterprise Cost-Benefit Data Processing Software 111

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. AI optimizes business processes, increasing productivity and efficiency while automating repetitive tasks and supporting human capabilities.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

CIO Business Intelligence

JUNE 6, 2023

The implication is that while some businesses are cutting costs and many tech companies are announcing layoffs, forward-looking enterprises are investing and collaborating with startups. In addition, the percentage of corporate-backed deals in early seed rounds increased from 10% in 2021 to 18% in 2022. But CIOs should remain strategic.

Key Performance Indicator 105

Key Performance Indicator Cost-Benefit Enterprise Experimentation 105

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 98

IT Manufacturing IoT Cost-Benefit 98

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 106

Cost-Benefit OLAP Dashboards Visualization 106

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 Optimization Enterprise 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 103

Strategy Cost-Benefit Risk Optimization 103

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. The rise in complexity has created a need for a systematic approach to ensuring the health and optimization of any organization’s IT services.

IT 61

IT Analytics Cost-Benefit Predictive Analytics 61

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 69

Machine Learning Data Warehouse Modeling Cost-Benefit 69

Jet Global

AUGUST 24, 2023

Accept and Address the Financial Impact of Cloud Adoption, 2023 Download Now Hybrid ERP – The Best of Both Worlds? Optimized Resource Allocation: Finance teams can strategically allocate resources in a hybrid ERP environment. This optimization leads to improved efficiency, reduced operational costs, and better resource utilization.

Finance 52

Finance Reporting Data Integration Risk 52