DataKitchen

MARCH 16, 2023

How to measure your data analytics team? All you had to do was to write a few bullet points every week in the text for your report for last your boss. Where is your metrics report? What should be in that report about your data team? The Data Change Request Ratio metric measures the rate of business demand for data.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

CIO Business Intelligence

JANUARY 4, 2023

billion, with up to $1 billion of those costs being shouldered by the company in the fourth quarter of 2023. Salesforce said these costs consist of up to $1.4 The news comes as the WSJ reported that, based on estimates from Layoffs.fyi , employers in the tech sector collectively cut more than 150,000 jobs in 2022.

IT 108

IT Cost-Benefit Insurance Measurement 108

O'Reilly on Data

APRIL 23, 2024

But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. Back in 1971, in a talk called “ Designing Organizations for an Information-rich World ,” political scientist Herbert Simon noted that the cost of information is not just money spent to acquire it but the time it takes to consume it. “In

Advertising 270

Advertising Cost-Benefit Marketing Risk 270

CIO Business Intelligence

JULY 6, 2023

One thing is for sure – meeting ESG goals can drive value if it can be done consistently, with automation and minimal costs. Automation, integration and consistency make it flow By the end of 2023, companies in Germany with more than 3,000 employees must have implemented the due diligence obligations under SCDDA.

Cost-Benefit 79

Cost-Benefit Risk Digital Transformation Risk Management 79

IBM Big Data Hub

FEBRUARY 7, 2024

Advanced technologies, more stringent reporting standards and stronger support from stakeholders are building momentum for eco-friendly initiatives and the incentives that encourage them. Sustainability reporting: Accountability on the record This may be the biggest year yet in sustainability reporting.

Reporting 97

Reporting Cost-Benefit Internet of Things Data-driven 97

IBM Big Data Hub

MARCH 27, 2024

Other leaders remind you that the company’s primary allegiance is to the bottom line and that your solution needs to be cost-effective and “thread the needle” by providing the most return for the least investment possible. Development costs to survey the land, clear the site and prepare it for construction.

Cost-Benefit 107

Cost-Benefit Internet of Things Recreation/Entertainment Marketing 107

CIO Business Intelligence

APRIL 28, 2022

According to a Deloitte report , 73% of respondents said their organizations have embarked on a path to intelligent automation and they predict that robotic process automation (RPA) will reach almost universal adoption sometime in 2023. Understand the cost. How much labor will be saved with the implementation of automation?

Cost-Benefit 89

Cost-Benefit Insurance Metrics Software 89

CIO Business Intelligence

JANUARY 22, 2024

Remote work began as a temporary measure during the pandemic but has long been a permanent fixture in our new way of working. McKinsey & Company estimates that the annual increase of costs related to cybercrime will reach $10.5

Digital Transformation 123

Digital Transformation Risk Cost-Benefit Risk Management 123

Smart Data Collective

JULY 4, 2023

Last year, the World Meteorological Association reported that AI technology is playing an increasingly more important role in disaster management. It is easy to see why this is an important topic of conversation in 2023. It helps streamline communication, project management, dispatching of field service technicians, and reporting.

Technology 74

Technology Software Data-driven Measurement 74

IBM Big Data Hub

AUGUST 18, 2023

Entities will also be expected to put appropriate cybersecurity protection measures in place. The need for a strong cyber-resilience strategy According to the IBM Cost of Data Breach Report 2023 , the global average cost of data breach was $4.45M. What is cyber resilience? In the U.S.,

Cost-Benefit 79

Cost-Benefit Testing Strategy Risk Management 79

CIO Business Intelligence

OCTOBER 23, 2023

As a result, most IT functions have seen budget increases, support for more staff, and higher involvement in shaping enterprise strategy , according to multiple reports. Consider the findings of a report from professional services firm Accenture. IT needs to think of the value proposition for the customer.”

IT 136

IT Consulting Scorecard Key Performance Indicator 136

CIO Business Intelligence

JANUARY 4, 2023

In its Worldwide Sustainability/ESG 2023 Predictions , analyst firm IDC sees digital and sustainability transformations converging. Decision makers are realizing that technology is essential for reaching their ESG goals,” noted Bjoern Stengel, IDC global sustainability research lead, in the report. So, too, are business leaders.

IT 128

IT Internet of Things Reporting Cost-Benefit 128

IBM Big Data Hub

MARCH 14, 2024

Lower latency: 5G’s low latency —a measurement of the time it takes data to travel from one location to another—is better than on previous networks, making routine activities like downloading a file or working in the cloud much faster. But going beyond the numbers, what does this surge in interest really mean?

Technology 61

Technology IoT Cost-Benefit Internet of Things 61

CIO Business Intelligence

DECEMBER 22, 2023

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.

Consulting 126

Consulting Software Business Objectives Optimization 126

AWS Big Data

DECEMBER 8, 2023

In 2021, FanDuel’s workloads almost tripled since they first started using Amazon Redshift in 2018, and they started evaluating Redshift RA3 nodes vs. DC2 nodes to take advantage of the storage and compute separation and deliver better performance at lower costs. The following diagram illustrates this architecture.

Data Warehouse 66

Data Warehouse Cost-Benefit KPI Risk 66

CIO Business Intelligence

MAY 1, 2024

For example, a quarter of IT decision-makers in Foundry’s 2023 AI Priorities Study are piloting gen AI technologies, but only 20% have moved on to deployment. But talking to IT teams like the AI professionals in Intel’s 2023 ML Insider survey suggests only 10% of organizations put gen AI solutions into production in 2023.

Cost-Benefit 139

Cost-Benefit Metrics Insurance Measurement 139

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. A key trend is the adoption of multiple models in production.

Cost-Benefit 94

Cost-Benefit Modeling Manufacturing Interactive 94

IBM Big Data Hub

JUNE 23, 2023

For F&A leaders, this means that it may have the ability to transform financial data, such as business performance reports, commentary and narratives. Financial reporting narratives (as well as commentary) play a pivotal role in providing meaningful insights and contextual understanding of a company’s financial performance.

Finance 63

Finance Reporting Cost-Benefit Modeling 63

IBM Big Data Hub

FEBRUARY 23, 2024

billion fine in 2023. DPOs must report directly to the highest level of management. At a minimum, a DPIA must describe the processing and its purpose, assess the necessity of the processing, evaluate risks to data subjects, and identify mitigation measures. Even the world’s biggest businesses are not free from GDPR woes.

Measurement 81

Measurement Risk Data Collection Data Processing 81

Cloudera

JANUARY 14, 2021

Blended use brick and mortar enable better pricing and convenience to consumers than digital pure-plays, and physical stores now serve as micro-fulfillment centers—through BOPIS (buy online, pick-up in-store) or curbside delivery—and drive down overall cost-to-serve. Reinventing Brick and Mortar is Delivering Fresh Customer Experiences.

Cost-Benefit 70

Cost-Benefit Digital Transformation Sales IoT 70

AWS Big Data

OCTOBER 3, 2023

Compaction is the process of combining these small data and metadata files to improve performance and reduce cost. Performance of Iceberg reads with the compaction utility on Amazon EMR In the following steps, we demonstrate how to use the compaction utility and what performance benefits you can achieve.

Optimization 106

Optimization Snapshot Data Lake Metadata 106

FineReport

MAY 31, 2023

In this article, we will explore the concept of a financial dashboard, highlight its numerous benefits, and provide various kinds of financial dashboard examples for you to employ and explore. These reports include the cash flow statement, income statement, and balance sheet. You can download FineReport for free and have a try!

Dashboards 52

Dashboards Key Performance Indicator Metrics Visualization 52

AWS Big Data

APRIL 5, 2023

The company decided to use AWS to unify its business intelligence (BI) and reporting strategy for both internal organization-wide use cases and in-product embedded analytics targeted at its customers. Showpad’s legacy solution was fragmented and expensive, with different tools providing conflicting insights and lengthening time to insight.

Dashboards 52

Dashboards Reporting Cost-Benefit Visualization 52

Laminar Security

OCTOBER 17, 2023

Mapping, classifying, and reporting on data in the cloud is challenging for many companies, and the more cloud-centric the company, the greater the challenge. To measure the risk level associated with these emails, you must know if they belong to employees, vendors, or customers.

IT 94

IT Risk Cost-Benefit Dashboards 94

CIO Business Intelligence

NOVEMBER 6, 2023

Gallup estimates that this phenomenon cost the economy $7.8 According to the Gallup State of the Global Workforce 2023 Report , 41% of respondents attributed their lack of engagement to leadership and the workplace culture. When you get rewards right, however, you will reap near instant benefits, according to Gallup.

Measurement 131

Measurement Cost-Benefit Management Metrics 131

FineReport

MAY 25, 2023

With a plethora of HR key performance indicators (KPIs), the aim is to transition from mere reporting to leveraging analytics effectively. FTE provides an accurate measure of the organization’s total workload, and employees working less than 1 FTE are considered part-time workers. It can be divided into direct and indirect costs.

Dashboards 52

Dashboards Metrics Cost-Benefit Key Performance Indicator 52

CIO Business Intelligence

NOVEMBER 16, 2022

As the new year approaches, so will a litany of predictions regarding the biggest issues facing CIOs in 2023. The results showed a real dichotomy between the desire for more choice and control over employee work lives versus the toll that some changes have created in the form of isolation, loneliness, increased workloads and costs.

Cost-Benefit 52

Cost-Benefit Uncertainty Digital Transformation Strategy 52

CIO Business Intelligence

SEPTEMBER 21, 2023

It doesn’t matter how accurate an AI model is, or how much benefit it’ll bring to a company if the intended users refuse to have anything to do with it. In a recent report, he estimated that gen AI software revenues will grow from $3.7 One thing buyers have to be careful about is the security measures vendors put in place.

Enterprise 130

Enterprise Consulting Modeling Cost-Benefit 130

IBM Big Data Hub

AUGUST 1, 2023

According to the IBM Security X-Force Threat Intelligence Index 2023 , for the second year in a row, phishing was the leading cyber threat, identified in 41% of incidents. Laptop management is the ability to enroll, configure, manage and report on laptops running operating systems like macOS, Microsoft Windows, ChromeOS, etc.

Risk 57

Risk Management Machine Learning IoT 57

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. So while the cloud has become an integral part of doing business, data security in the cloud is lagging behind.

Management 52

Management Risk Risk Management Data Processing 52

CIO Business Intelligence

SEPTEMBER 25, 2023

According to TEKsystems’ 2023 State of Digital Transformation , 41% of organizations’ digital transformation (DX) initiatives have failed to achieve their desired outcomes. Infosys’ Digital Radar 2023 report found that only 5% of enterprises currently have or are implementing a live data approach. Others agree.

Digital Transformation 144

Digital Transformation Measurement Data-driven Metrics 144

CIO Business Intelligence

NOVEMBER 17, 2023

Managed service provider business model Managed service providers structure their business to offer technology services cheaper than what it would cost an enterprise to perform the work itself, at a higher level of quality, and with more flexibility and scalability.

Management 129

Management IT IoT Cost-Benefit 129

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 111

Cost-Benefit Optimization Software Strategy 111

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

SEPTEMBER 13, 2023

Indeed, 50% of C-suite execs surveyed for a 2023 report on digital transformation from fintech company Broadridge admitted they struggle to balance innovation with daily tasks. Failing to tie innovation to business value If innovation is happening on the company’s dime, company heads want to know how it could benefit them.

IT 135

IT Digital Transformation Risk Cost-Benefit 135

CIO Business Intelligence

JUNE 20, 2023

According to GitLab’s 2023 Global DevSecOps Report , 56% of organizations report using DevOps or DevSecOps methodologies, growing roughly 10% from 2022, for improved security, higher developer velocity, cost and time savings, and better collaboration. According to IBM , a single data breach costs $9.4

Cost-Benefit 95

Cost-Benefit Testing Software Reporting 95

IBM Big Data Hub

FEBRUARY 2, 2024

A 2023 report found that global investment in green or low-carbon energy sources exceeded USD $1 trillion, 1 while advanced data collection tools and artificial intelligence (AI) are helping to better monitor emissions and inform sustainability strategy. 2 Sustainability , United Nations, January 2024.

Optimization 93

Optimization Cost-Benefit Strategy Technology 93