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How can CIOs Build Business Value with Business Analytics?

Smart Data Collective

Until now, they were proactively involved to maximize IT efficiencies and accelerate cost savings in general. However, the rapid technology change, the increasing demand for user-centric processes and the adoption of blockchain & IoT have all positioned business analytics (BA) as an integral component in an enterprise CoE.

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Digital Twin Use Races Ahead at McLaren Group

CIO Business Intelligence

Cloud-connected cars are now commonplace in the mainstream connected car market that is forecast to surpass $166 billion by 2025. For businesses like the McLaren Group, these two trends are at the core of the conglomerate’s digital transformation and competitive strategy, on and off the track. . billion by 2030.

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Low code/no code tools reap IT benefits—with caveats

CIO Business Intelligence

Low-code/no-code visual programming tools promise to radically simplify and speed up application development by allowing business users to create new applications using drag and drop interfaces, reducing the workload on hard-to-find professional developers. So there’s a lot in the plus column, but there are reasons to be cautious, too.

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Top Business Intelligence Features To Boost Your Business Performance

datapine

1) Benefits Of Business Intelligence Software. 2) Top Business Intelligence Features. For a few years now, Business Intelligence (BI) has helped companies to collect, analyze, monitor, and present their data in an efficient way to extract actionable insights that will ensure sustainable growth.

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13 Analytics & Business Intelligence Examples Illustrating The Value of BI

datapine

Digital data, by its very nature, paints a clear, concise, and panoramic picture of a number of vital areas of business performance, offering a window of insight that often leads to creating an enhanced business intelligence strategy and, ultimately, an ongoing commercial success. 1) Improving The Decision-Making Process.

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6 BI challenges IT teams must address

CIO Business Intelligence

So a strong business intelligence (BI) strategy can help organize the flow and ensure business users have access to actionable business insights. “By By 2025, it’s estimated we’ll have 463 million terabytes of data created every day,” says Lisa Thee, data for good sector lead at Launch Consulting Group in Seattle.

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How to Drive Sustainable, Data-First Business With HPE GreenLake

CIO Business Intelligence

When reimagining the IT estate for data-first business, the opportunity is ripe for companies to rearchitect for a more sustainable IT environment. The benefits? Drive cost efficiencies and make headway on meeting corporate environmental, social, and governance (ESG) targets, for starters.