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 96

Testing Modeling Cost-Benefit Consulting 96

CIO Business Intelligence

JANUARY 11, 2024

2023 was a year made notable by a range of unexpected, unpredictable, and fast-moving challenges that, despite seemingly having little to do with technology, had profound impacts on IT strategies. These external factors can have a dramatic impact on business operations and strategic planning.

IT 133

IT Uncertainty Cost-Benefit Strategy 133

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 101

Reporting Cost-Benefit Internet of Things Data-driven 101

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

AWS Big Data

NOVEMBER 20, 2023

These pipelines pull data from various sources, transform it, and load it into destination systems for analytics and reporting. Today we are pleased to announce a new class of Amazon CloudWatch metrics reported with your pipelines built on top of AWS Glue for Apache Spark jobs. workerUtilization showed 1.0 Check it out!

Metrics 92

Metrics Data Lake Cost-Benefit Dashboards 92

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

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 85

Data-driven Cost-Benefit Uncertainty Dashboards 85

CIO Business Intelligence

MAY 16, 2023

Many found these environments difficult to manage, govern and modernize, all while controlling costs. All these challenges limited the benefits the multicloud model was supposed to unlock. It extends and optimizes cloud stacks to dedicated IT environments, so organizations can run workloads where and how they want.

Strategy 98

Strategy Cost-Benefit Optimization Modeling 98

CIO Business Intelligence

NOVEMBER 8, 2023

in September, 2023, the price pressures facing IT have persisted. The technology talent gap continues to inflate labor costs, too, despite big layoffs in high tech, CIOs say, and they’ve seen double-digit increases in SaaS and cloud costs over the last two years. in June, 2022, to 3.7% Here’s how.

IT 133

IT Cost-Benefit Digital Transformation Software 133

CIO Business Intelligence

DECEMBER 4, 2023

In January 2023, Oracle changed its licensing and/or pricing for Java for the fourth time in four years. According to State of Java Survey and Report 2023 , an independently run study of more than 2,000 Java users, Java users have taken notice. Do you provide indemnification in case of patent litigation?

ROI 52

ROI Cost-Benefit Testing Risk 52

CIO Business Intelligence

DECEMBER 29, 2023

“The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Building and deploying intelligent automation CIOs will need to operate more efficiently by accelerating the benefits of automation. Our focus is on curating reusable data and AI insights,” she says.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

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 137

IT Consulting Scorecard Key Performance Indicator 137

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 76

Analytics Cost-Benefit ROI Business Objectives 76

CIO Business Intelligence

FEBRUARY 13, 2023

The economy may be looking uncertain, but technology continues to drive the business and CIOs are investing big in 2023. The numbers are higher from Foundry’s 2023 State of CIO survey , which finds that 91% of CIOs expect their tech budgets to either increase or stay the same in 2023. in 2023, the firm says.

IT 145

IT Insurance Machine Learning Marketing 145

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 94

Cost-Benefit Testing Metrics Marketing 94

CIO Business Intelligence

MARCH 19, 2024

According to NTT DATA’s 2023 Global Employee Experience Trends Report , nearly 60% of employees around the world are now working remotely all or some of the time – and India is no exception. Our report reveals that more than 7 in 10 organizations globally are upgrading their meeting spaces with cloud enabled videoconferencing.

Cost-Benefit 69

Cost-Benefit Reporting Technology Optimization 69

CIO Business Intelligence

JANUARY 22, 2024

McKinsey & Company estimates that the annual increase of costs related to cybercrime will reach $10.5 Organizations across all industries can benefit from secure practices to limit their remote access exposures. Prior to co-founding Expanse, Matt worked for DARPA, including a deployment to Afghanistan.

Digital Transformation 125

Digital Transformation Risk Cost-Benefit Risk Management 125

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 81

Consulting Cost-Benefit Optimization Machine Learning 81

IBM Big Data Hub

JUNE 30, 2023

80% of manufacturers report MRO asset management in their facilities needs improvement 60% of construction companies admit their industry is behind when it comes to adopting digital technology 5 ways the industrial sector can improve its supply chain resiliency 1. Optimize your maintenance inventory. The possibilities?

Consulting 74

Consulting Cost-Benefit Manufacturing B2B 74

CIO Business Intelligence

SEPTEMBER 8, 2023

Operating rooms are a significant source of revenue for healthcare organizations — and a main contributor to costs. As such, any cost savings in operating rooms can have broad financial impact on a healthcare facility’s bottom line.

Cost-Benefit 105

Cost-Benefit Machine Learning Metrics Marketing 105

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 130

Consulting Software Business Objectives Optimization 130

AWS Big Data

MAY 17, 2023

Credit: Phil Goldstein Jerry Wang, Peloton’s Director of Data Engineering (left), and Evy Kho, Peloton’s Manager of Subscription Analytics, discuss how the company has benefited from using Amazon Redshift. From 2019 to now, Wang reports the amount of data the company holds has grown by a factor of 20.

Data Warehouse 108

Data Warehouse Cost-Benefit Sales Data-driven 108

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 71

Cost-Benefit Strategy Risk Optimization 71

CIO Business Intelligence

OCTOBER 12, 2022

Now technology has become such an indispensable tool to drive revenue or remove costs that CIOs are just as likely to be asked to do more in the face of a downturn rather than less. The recent State of the Data Race 2022 report found that 71% of respondents could tie revenue growth directly to real-time data.

Cost-Benefit 96

Cost-Benefit Uncertainty Advertising Strategy 96

DataKitchen

MARCH 16, 2023

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? There are four main benefits of reducing errors. What should I track? Where do you find errors?

Metrics 130

Metrics Data Analytics Analytics Measurement 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 106

Cost-Benefit Risk Enterprise Software 106

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

CIO Business Intelligence

JANUARY 20, 2023

Companies benefit by keeping or acquiring geographically-dispersed top talent often attracted to a flexible work environment. Notably, businesses are adopting virtual desktop infrastructure (VDI) as a way to keep data secure, teams collaborative, and staff productive while reducing costs.

Technology 59

Technology Cost-Benefit Deep Learning Modeling 59

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 97

Cost-Benefit Modeling Manufacturing Interactive 97

CIO Business Intelligence

JUNE 13, 2022

Juniper Research predicts that chatbots will account for 79% of successful mobile banking interactions in 2023. A Forrester report commissioned by vendor ADA found that 95% of financial firms would like their chatbots to understand customer history with the company. billion, and for insurance, the savings will approach $1.3

Data Processing 104

Data Processing Deep Learning Insurance Cost-Benefit 104

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 131

IT Internet of Things Reporting Cost-Benefit 131

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. With Iceberg, ingestion, update, and querying processes can benefit from atomicity, snapshot isolation, and managing concurrency to keep a consistent view of data.

Data Lake 98

Data Lake Sales Data Warehouse Snapshot 98

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. The report also found 66% used public cloud implementation for two or more applications and 68% used a private cloud. 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

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 100

Strategy Cost-Benefit Data-driven Digital Transformation 100

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

Laminar Security

DECEMBER 11, 2023

According to a report by Verizon, insider threats accounted for 30% of data breaches in 2020. 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 also provides audit trails and reports for data security posture and compliance.

Behavioral Analytics 55

Behavioral Analytics Machine Learning Risk Cost-Benefit 55