Smart Data Collective

JANUARY 6, 2021

Big data is central to financial management. The market for financial data analytics is expected to reach $10 billion by 2025. One of the biggest uses of big data in finance relates to accounts receivable management. More recently, we have seen even more impressive data on its effectiveness.

Data-driven 94

Data-driven Management Big Data Predictive Analytics 94

CIO Business Intelligence

JUNE 23, 2023

CIOs should prioritize an adaptable technology infrastructure that eliminates data silos, ensures security and governance, and embraces a unified horizontal platform for streamlined data management, reducing integration complexities, skilled workforce requirements, and costs.

Data Strategy 111

Data Strategy Strategy Visualization Consulting 111

CIO Business Intelligence

JUNE 13, 2022

According to IDC , worldwide spending on AI will likely top $204 billion by 2025. Juniper Research forecasts that in 2023 the global operational cost savings from chatbots in banking will reach $7.3 And that not only benefits customers, but it can also increase morale among the employees.

Data Processing 102

Data Processing Deep Learning Insurance Cost-Benefit 102

CIO Business Intelligence

JUNE 1, 2022

The company is applying winning insights from rapid, data-driven, evolutionary models versus relying on engine speed and aerodynamics alone to win races. Cloud-connected cars are now commonplace in the mainstream connected car market that is forecast to surpass $166 billion by 2025. Intel® Technologies Move Analytics Forward.

Manufacturing 114

Manufacturing Digital Transformation Predictive Analytics Strategy 114

DataKitchen

FEBRUARY 21, 2023

How do you scale an organization without hiring an army of hard-to-find data engineering talent? 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

MARCH 30, 2022

Analytics technology is taking the ecommerce industry by storm. Ecommerce companies are expected to spend over $24 billion on analytics in 2025. While there is no debating the huge benefits that analytics technology brings to the ecommerce sector , many experts are pondering what those actual benefits are.

Analytics 114

Analytics Cost-Benefit Testing Dashboards 114

Smart Data Collective

OCTOBER 5, 2021

Analytics technology has been invaluable to modern marketing. The market for web analytics is projected to be worth $9.11 billion by 2025. The utilization of analytics and big data in the marketing industry has played a massive role in this robust growth. Data analytics is going to be very important for this stage.

Analytics 118

Analytics Marketing ROI Testing 118

CIO Business Intelligence

MAY 16, 2022

From the factory floor to online commerce sites and containers shuttling goods across the global supply chain, the proliferation of data collected at the edge is creating opportunities for real-time insights that elevate decision-making. The concept of the edge is not new, but its role in driving data-first business is just now emerging.

IoT 98

IoT Data Warehouse Internet of Things Machine Learning 98

Smart Data Collective

NOVEMBER 3, 2021

More companies are discovering the benefits of using AI technology to streamline the website design process. There are a lot of benefits of using AI to design a website, but you don’t want to make any of the more common mistakes. This is where AI-driven design approaches can come to the table. Globally, mobile devices drove 68.1

Cost-Benefit 111

Cost-Benefit Optimization Visualization Data-driven 111

CIO Business Intelligence

NOVEMBER 21, 2023

As chief data and AI officer for the Department of the Air Force, I was given a clear mandate to establish the department as a frontrunner in AI readiness and competitiveness. Building a strong AI workforce comprised of data scientists, engineers, and other experts who can design, develop, and deploy AI applications across the DAF.

Strategy 114

Strategy Machine Learning Technology Data-driven 114

Cloudera

SEPTEMBER 18, 2020

In Part Two they will look at how businesses in both sectors can move to stabilize their respective supply chains and use real-time streaming data, analytics, and machine learning to increase operational efficiency and better manage disruption. The 6 key takeaways from this blog are below: 6 key takeaways. The inventory distortion gap.

Manufacturing 82

Manufacturing IoT Forecasting Machine Learning 82

CIO Business Intelligence

APRIL 4, 2022

trillion by 2025. Graph database technology can provide benefits beyond fraud detection. Intel® Technologies Move Analytics Forward. Data analytics is the key to unlocking the most value you can extract from data across your organization. Annual losses from cybercrime worldwide are estimated to reach $10.5

Technology 52

Technology Deep Learning Cost-Benefit Data Quality 52

Smart Data Collective

FEBRUARY 17, 2021

Big data has had a tremendous affect on the healthcare sector. In 2017, the global market for healthcare analytics was valued at $16.9 By the year 2025, that figure is projected to grow to $67.82 While there are a number of benefits of using data analytics in healthcare, there are also going to be some challenges.

Big Data 72

Big Data Software Marketing Snapshot 72

Sisense

OCTOBER 15, 2020

Dealing with Data is your window into the ways data teams are tackling the challenges of this new world to help their companies and their customers thrive. Streaming data analytics is expected to grow into a $38.6 billion market by 2025. How industries can benefit from streaming data.

Dashboards 98

Dashboards IoT Optimization Internet of Things 98

Sisense

JANUARY 13, 2020

In Moving Parts , we explore the unique data and analytics challenges manufacturing companies face every day. The world of data in modern manufacturing. Manufacturing companies that adopted computerization years ago are already taking the next step as they transform into smart data-driven organizations.

Manufacturing 52

Manufacturing Data Lake Big Data Data Warehouse 52

BizAcuity

APRIL 14, 2022

Big data paved the way for organizations to get better at what they do. Data management and analytics are a part of a massive, almost unseen ecosystem which lets you leverage data for valuable insights. Such is the significance of big data in today’s world. Competitive Advantages to using Big Data Analytics.

Big Data 52

Big Data Data Analytics Management Unstructured Data 52

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? billion on big data by 2025.

B2B 106

B2B Data Analytics Analytics Cost-Benefit 106

IBM Big Data Hub

FEBRUARY 6, 2024

This infrastructure model relies on a network of remote data centers , servers and storage systems owned and operated by a third-party service provider. A CMP creates a single pane of glass (SPOG) that provides enterprise-wide visibility into multiple sources of information and data.

Cost-Benefit 109

Cost-Benefit Digital Transformation Software Modeling 109

CIO Business Intelligence

JULY 5, 2023

Those with sight, neurodiversity or motor skills illnesses are often excluded from the benefits of the internet, but forthcoming legislation will go some way toward correcting this oversight. For European and international CIOs, the European Accessibility Act (EAA) will come into force in 2025 and follows the EU Web Accessibility Directive.

Cost-Benefit 98

Cost-Benefit Recreation/Entertainment Marketing Digital Transformation 98

datapine

SEPTEMBER 11, 2019

To put the power of business intelligence into perspective, here are 4 key insights you should know: Businesses using analytics are five times more likely to make better, quicker decisions, according to an article published on BetterBuys. By 2025, the global BI and analytics market is expected to soar to a worth of $147.19

Business Intelligence 161

Business Intelligence Analytics Sales Dashboards 161

IBM Big Data Hub

OCTOBER 12, 2023

The tasks behind efficient, responsible AI lifecycle management The continuous application of AI and the ability to benefit from its ongoing use require the persistent management of a dynamic and intricate AI lifecycle—and doing so efficiently and responsibly. But the implementation of AI is only one piece of the puzzle.

Cost-Benefit 83

Cost-Benefit Metadata Data Governance Modeling 83

CIO Business Intelligence

MAY 24, 2022

Organisations have to contend with legacy data and increasing volumes of data spread across multiple silos. To meet these demands many IT teams find themselves being systems integrators, having to find ways to access and manipulate large volumes of data for multiple business functions and use cases. THE GROWTH OF DATA.

Data-driven 98

Data-driven Data Lake Data Warehouse Cost-Benefit 98

Jet Global

MARCH 6, 2020

The industrial manufacturing industry produces unprecedented amounts of data, which is increasing at an exponential rate. Worldwide data is expected to hit 175 zettabytes (ZB) ?by by 2025, and 90 ZB of this data will be from IoT devices. Increasing this number reduces scrap and rework costs. .

Manufacturing 75

Manufacturing Data-driven Finance KPI 75

IBM Big Data Hub

OCTOBER 20, 2023

.” When observing its potential impact within industry, McKinsey Global Institute estimates that in just the manufacturing sector, emerging technologies that use AI will by 2025 add as much as USD 3.7 Visual modeling: Combine visual data science with open source libraries and notebook-based interfaces on a unified data and AI studio.

Machine Learning 79

Machine Learning Manufacturing Cost-Benefit Deep Learning 79

Smart Data Collective

MAY 30, 2022

According to a report we cited last year, 67% of businesses with revenues exceeding $10,000 a year use data analytics. One of the most important reasons companies are investing in analytics technology is to improve their understanding of their customers. Advantages of CCaaS for Customer Analytics.

Customer Analytics 104

Customer Analytics Management Analytics Data Processing 104

BizAcuity

MAY 10, 2022

Despite cost-cutting being the main reason why most companies shift to the cloud, that is not the only benefit they walk away with. Cloud washing is storing data on the cloud for use over the internet. While that allows easy access to users, and saves costs, the cloud is much more and beyond that. billion by 2025.

Data-driven 52

Data-driven IoT Unstructured Data Data Lake 52

Sisense

MARCH 25, 2020

The combined forces of globalization and technology are transforming our workplaces in a multitude of ways: AI is entering the mainstream and it promises new levels of efficiency and cost savings for businesses. Millennials are expected to make up about 75% of the workforce by 2025. These aren’t the only changes we can expect.

Software 69

Software Data-driven Cost-Benefit Big Data 69

Cloudera

MAY 3, 2021

trillion in value by 2025.”, Contrast this with the skills honed over decades for gaining access, building data warehouses, performing ETL, creating reports and/or applications using structured query language (SQL). Benefits of Streaming Data for Business Owners. In 2020, a McKinsey study reported that “Industry 4.0

Cost-Benefit 100

Cost-Benefit Digital Transformation Data Lake Enterprise 100

Andrew White

JANUARY 11, 2021

With a success behind you, sell that experience as the kind of benefit you can help improve. Note: Delivery of data, analytics solutions and the sustainment of technology, data and services is a question. measuring value, prioritizing (where to start), and data literacy? Governance. Product Management. Great idea.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52