Smart Data Collective

MARCH 2, 2023

Big data technology used to be a luxury for small business owners. 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. Big data technology can significantly improve the company’s pricing strategy.

Big Data 79

Big Data Uncertainty Risk Data mining 79

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 Conversational AI also collects heaps of useful customer data.

Data Processing 102

Data Processing Deep Learning Insurance Cost-Benefit 102

CIO Business Intelligence

NOVEMBER 27, 2023

Roughly 26% of tech jobs in the US are held by women, a decrease from about 33% in 2019, according to CompTIA’s 2023 State of the Tech Workforce report. Synchrony, for example, partners with Girls Who Code , an international nonprofit organization that helps support and increase the number of women in computer science.

Technology 102

Technology Forecasting Data Science Reporting 102

IBM Big Data Hub

NOVEMBER 29, 2023

In 2023, the IBM® Institute for Business Value (IBV) surveyed 2,500 global executives and found that best-in-class companies are reaping a 13% ROI from their AI projects—more than twice the average ROI of 5.9%.

Unstructured Data 90

Unstructured Data Data-driven ROI Machine Learning 90

Cloudera

OCTOBER 30, 2023

The legacy IT infrastructure to run the business operations — mainly data centers — has a deadline to shift to cloud-based services. 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.

Analytics 75

Analytics Cost-Benefit ROI Business Objectives 75

IBM Big Data Hub

FEBRUARY 13, 2024

Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms. For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one.

Cost-Benefit 84

Cost-Benefit Scorecard Risk Recreation/Entertainment 84

CIO Business Intelligence

JUNE 7, 2022

In business, when a trend is forecast to grow by more than 3000% and generate cost savings of $7.3 Those numbers represent the projected growth of chatbot interactions among banking customers between 2019 to 2023 and the cost savings from 862 hours less of work by support personnel, according to research by Juniper Research.

Unstructured Data 97

Unstructured Data Deep Learning Insurance Interactive 97

CIO Business Intelligence

MAY 24, 2023

The DGI publication includes components it thinks should be included in a data governance program. And two decades after the first published data governance framework, a new version was put online. That first and only refresh was on May 3, 2023. Poor data quality leads to poor decisions and recommendations.

Data Governance 115

Data Governance Data Quality Data Collection Management 115

Smart Data Collective

JULY 31, 2022

However, predictive analytics will probably be even more important as global uncertainty is higher than ever. Compared to the Spring Forecast, Russia’s action against Ukraine continues to harm the EU economy, causing weaker growth and greater inflation. in 2023, according to the Summer 2022 (interim) Economic Forecast.

Predictive Analytics 132

Predictive Analytics Analytics Uncertainty Forecasting 132

CIO Business Intelligence

DECEMBER 7, 2022

For the most part, budgets are holding steady or growing in the single digits, with continued investments in security, analytics, and the cloud, among other areas. Gartner predicts 2023 IT spending will grow 5.1% compared to this year, says John-David Lovelock, distinguished VP analyst at the firm. “We

IT 132

IT Insurance Cost-Benefit Risk Management 132

Smart Data Collective

SEPTEMBER 6, 2020

Data analytics is revolutionizing the future of ecommerce. A growing number of ecommerce platforms have expressed the benefits of data analytics technology and incorporated them into their solutions. How much of a role will big data play in ecommerce? Experts forecast that ecommerce providers will spend $6.2

B2B 106

B2B Data Analytics Analytics Cost-Benefit 106

datapine

DECEMBER 11, 2019

Even if figures diverge somewhat, the many forecasts conducted on SaaS industry trends 2020 demonstrate an obvious reality: the SaaS market is going to get bigger and bigger. Today, most companies are in the process of implementing various business intelligence strategies, turning to SaaS BI tools to assist them in their efforts. billion.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

Jet Global

OCTOBER 10, 2023

Learn how connected data, capabilities, applications, and global teams can lead to success. The value data can hold has been well understood for years, yet many company leaders still need help to wrangle their data beneficially. More specifically, data silos remain one of the biggest barriers to innovation.

Finance 59

Finance Operational Reporting Reporting Forecasting 59

IBM Big Data Hub

MAY 9, 2023

IBM today announced it is launching IBM watsonx.data , a data store built on an open lakehouse architecture, to help enterprises easily unify and govern their structured and unstructured data, wherever it resides, for high-performance AI and analytics. What is watsonx.data?

Data Warehouse 76

Data Warehouse Cost-Benefit Recreation/Entertainment Unstructured Data 76

CIO Business Intelligence

APRIL 1, 2022

Converge Technology Solutions helps its client generate real value from data by building custom AI solutions with Dell infrastructure. These organizations run massive AI-driven simulations to forecast market conditions and make money when the market moves in a particular direction. AI for Better Decision-Making.

Data-driven 96

Data-driven Deep Learning Risk Optimization 96

CIO Business Intelligence

MARCH 21, 2024

That echoes the message President Biden delivered in his October 2023 executive order on “Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence,” which in part calls for the hiring spree. “AI The Justice Department hired its first chief AI officer in February.

Strategy 130

Strategy Data-driven Forecasting Management 130

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 What is private cloud ? Four types of private clouds There are four main types of private clouds from which to choose: 1.

Data Processing 99

Data Processing Cost-Benefit Software Digital Transformation 99

CIO Business Intelligence

JUNE 22, 2022

Oxford Economics, a leader in global forecasting and quantitative analysis, teamed up with Huawei to develop a new approach to measuring the impact of digital technology on economic performance. IDC predicts that the digital economy will continue to accelerate, with over 65% of Asia Pacific (APAC) GDP expected to be digitalized by 2023.

Digital Transformation 105

Digital Transformation Internet of Things Manufacturing Unstructured Data 105

Timo Elliott

FEBRUARY 1, 2022

With a goal to optimize end-to-end processes and accelerate the organization’s digital journey, they looked for more efficient ways to execute all the manual and time-consuming financial forecasting process across their decentralized R&D business units. Our purpose. Our purpose is to help the world run better and improve people’s lives.

Enterprise 104

Enterprise Measurement B2B Forecasting 104

IBM Big Data Hub

JANUARY 30, 2024

According to a recent forecast from Gartner (link resides outside ibm.com) worldwide end-user spending on public cloud services is expected to grow 20.4% billion in 2023. Data silos: With data spread across multiple clouds and platforms, an organization risks creating data silos. to total $678.8

Strategy 98

Strategy Cost-Benefit Risk Optimization 98

CIO Business Intelligence

APRIL 15, 2024

Foundry / CIO.com Even the IT organization as a whole is being recast to be more business driven: Forty-three percent are automating business and IT processes, 32% are implementing AI applications, and 29% are making data more available as part their business-centric charter.

Digital Transformation 129

Digital Transformation Strategy Technology Enterprise 129

Smarten

APRIL 21, 2022

Business Users & Data Scientists Benefit from Citizen Data Scientist Initiatives ! Gartner predicts that ‘By 2023, overall analytics adoption will increase from 35% to 50%, driven by vertical and domain-specific augmented analytics solutions.’ Insight into Data, Trends, Patterns, Problems and Opportunities.

Business Objectives 52

Business Objectives Data-driven Forecasting Optimization 52

datapine

NOVEMBER 27, 2019

Companies are no longer wondering if data visualizations improve analyses but what is the best way to tell each data-story. 2020 will be the year of data quality management and data discovery: clean and secure data combined with a simple and powerful presentation. 2) Data Discovery/Visualization.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

datapine

DECEMBER 4, 2019

We mentioned predictive analytics in our business intelligence trends article and we will stress it here as well since we find it extremely important for 2020. Predictive analytics is the practice of extracting information from existing data sets in order to forecast future probabilities. in the last 5 years.

Business Intelligence 212

Business Intelligence Prescriptive Analytics Analytics Predictive Analytics 212

Andrew White

MARCH 31, 2023

How would I sum up several days in Orlando at our 2023 Data and Analytics conference last week – March 19th-22nd, 2023: Confusion Hype Voice of the Business Fort of all it was a fun time. Both build semantic maps that span silos of data. See Infographic: Strategic Comparison of Data Mesh and Data Fabric.

Analytics 40

Analytics Marketing Visualization Data-driven 40

Jet Global

JULY 28, 2023

To find out more about the state of Finance in 2023, insightsoftware partnered with Hanover Research to survey accounting and finance decision-makers on the most pressing trends of the year. Here, we discuss how factors like market uncertainty and IT dependence impact finance teams throughout EMEA. EMEA mirrors the global results at 66%.

Finance 52

Finance Uncertainty Reporting Forecasting 52

Jet Global

FEBRUARY 2, 2023

The State of Construction Industry in 2023 The construction industry has experienced healthy growth in recent years. In 2021, construction spending grew 8% in the United States, and the overall value reached $2 trillion in Q2 2022 alone according to Deloitte’s 2023 Engineering and Construction Industry Outlook.

Uncertainty 52

Uncertainty KPI Reporting Measurement 52

Jet Global

JANUARY 3, 2023

This was bolstered by insightsoftware’s acquisition of Dundas Data Visualization, Inc., adding deeper functionality that has strengthened Logi’s self-service data analytics and visualizations. We are humbled that the BI and analytics community ranked Logi among the industry’s best embedded analytics solutions.

Analytics 52

Analytics Reporting Visualization Operational Reporting 52

Jet Global

MAY 24, 2023

Organizations must understand how to extract complex data on a regular cadence and present the reporting to end users to manipulate through an interactive BI tool. Angles Professional for Oracle connects directly to your Oracle Cloud instance, but it can also connect to other data sources within your organization. Reporting is complex.

Operational Reporting 52

Operational Reporting Reporting Finance Dashboards 52

Jet Global

DECEMBER 7, 2022

Keith Payne, VP Sales at insightsoftware, explores how organizations can prepare for market turbulence in 2023 by boosting their agile practices and considering the strength of existing tools. Tangibly, this means more planning, more accurate and deeper forecasting, and more strategic decision-making based on real-time reporting.

Finance 52

Finance Reporting Sales Software 52

Jet Global

MARCH 22, 2023

Data requirements are expanding for state-by-state calculations including new apportionment considerations, tax rates, and regional modifications. To address these changes, your tax team can easily get stuck actioning menial data verification tasks, rather than offering important analysis and insights.

Reporting 52

Reporting Software Risk Enterprise 52

Jet Global

DECEMBER 2, 2022

By investing in proper technologies and resources now, executives and CFOs can put plans in action to ensure financial success in 2023. Modern CFOs are increasingly expected to lead their organizations in digital advancements, increasing customer satisfaction, retention, and revenue through in-depth analysis of financial data.

Finance 52

Finance Reporting Forecasting Software 52

Jet Global

NOVEMBER 7, 2022

Adoption is set to begin in 2023, so the time to prepare is now. How to Prepare for BEPS in 2023 and Beyond. BEPS Pillar Two is slated for rollout beginning in 2023. It will impose an array of new data gathering, calculation, and reporting requirements on global businesses. BEPS: A Brief Primer.

Forecasting 52

Forecasting Reporting Finance Software 52

Jet Global

APRIL 29, 2022

Changes are coming in 2023, so for companies looking ahead to their tax planning strategies for the next calendar year, now is the time to implement new systems and processes. When BEPS goes into effect in 2023, that lack of visibility will become even more of a liability. Fundamentally, BEPS is a set of non-binding rules.

Reporting 52

Reporting Software Finance Management 52