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An intro to innovation in the U.S. government

CIO Business Intelligence

In 2023, nearly one-third of U.S. Better operational efficiency Nearly all ( 89%) of IT decision makers agree that data analytics is the lifeblood of modern government. Because AI can crunch down and produce actionable data in seconds to significantly improve operational efficiency, cost optimization, service delivery, and compliance.

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2023 Predictions: Data Trends That Will Dominate Business Agenda in APAC

Cloudera

In the past year, businesses who doubled down on digital transformation during the pandemic saw their efforts coming to fruition in the form of cost savings and more streamlined data management. For example, Singapore’s United Overseas Bank (UOB) used machine learning to operationalize analytics and provide insights to users across the bank.

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5 Proven Tips for Utilizing AI with PPC Advertising in 2023

Smart Data Collective

However, there are other benefits of AI in marketing that get less publicity. As AI continues to change the marketing landscape , marketers will keep looking for new ways to automate various processes, reduce the scope of human error and lower costs. This is possibly the most important benefit of using AI for PPC advertising.

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

FineReport

Cost Savings : Big data tools such as FineReport , Hadoop, Spark, and Apache can assist businesses in saving costs by storing and handling huge amounts of data more efficiently. Descriptive Analytics is used to determine “what happened and why.” One of the key benefits of FineReport is its ease of use.

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Streamlining supply chain management: Strategies for the future

IBM Big Data Hub

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.

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Business process reengineering (BPR) examples

IBM Big Data Hub

This blog outlines some BPR examples that benefit from a BPM methodology. Technologies such as supply chain management software (SCM), enterprise resource planning (ERP) systems, and advanced analytics tools can be used to automate and optimize processes.

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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

In 2023, big data Is no longer a luxury. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. However, there are even more important benefits of using big data during a bad economy. Big data offers many benefits for companies in any economy.