Smart Data Collective

SEPTEMBER 11, 2020

An article in CISCOMAG talks about the benefits of using AI in improving network security. The number of IoT devices is projected to skyrocket from 10 billion to 64 billion between 2018 and 2025. AI will also employ cost-effectiveness in developing and maintaining networking systems. Growing Importance of AI in Networking.

Technology 97

Technology IoT Internet of Things Cost-Benefit 97

CIO Business Intelligence

APRIL 19, 2022

The university extends employee benefits to contract workers. They’re in a more reactive mode, using contract and freelance talent reluctantly as a stopgap measure “and not strategically seeing how they can fit in with the workforce model they’re using.”. Pros and cons of contract staffing. Best practices.

IT 98

IT Cost-Benefit Strategy Consulting 98

Smart Data Collective

JULY 3, 2023

million driverless cars on the road by 2025. The Rise of Electric Vehicles The popularity of electric vehicles has soared in recent years, driven by their reduced carbon emissions and cost-effective performance. One of the biggest changes is that artificial intelligence is leading the trends towards autonomous vehicles.

Software 74

Software Manufacturing Recreation/Entertainment Data-driven 74

Ontotext

NOVEMBER 2, 2023

The data itself is stored in a way that is not optimal for extracting insight. It can be accomplished at a fraction of the cost of what organizations spend each year supporting the vast industry of data integration workarounds. This is partly because integrating and moving data is not the only problem.

IT 69

IT Cost-Benefit Data-driven Technology 69

Sisense

OCTOBER 15, 2020

billion market by 2025. How industries can benefit from streaming data. Automotive: Monitoring connected, autonomous cars in real time to optimize routes to avoid traffic and for diagnosis of mechanical issues. Optimizing object storage. Step 3: Execute jobs query optimization.

Dashboards 98

Dashboards IoT Optimization Internet of Things 98

datapine

MAY 31, 2022

3) Cloud Computing Benefits. It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

Smart Data Collective

SEPTEMBER 30, 2021

One of the biggest benefits of AI is that it has helped streamline many workplace functions. According to the analysis of Cybersecurity Ventures, the yearly cost of cybercrime is expected to reach $10.5 trillion , and ransomware damage costs will reach $20 billion by 2025. Optimizing AI-Driven Cybersecurity Apps.

Optimization 114

Optimization IoT Cost-Benefit Data-driven 114

CIO Business Intelligence

JUNE 29, 2022

Many CIOs are turning to RPA to streamline enterprise operations and reduce costs. What are the benefits of RPA? RPA provides organizations with the ability to reduce staffing costs and human error. Bots are typically low-cost and easy to implement, requiring no custom software or deep systems integration.

Cost-Benefit 145

Cost-Benefit Software Enterprise Machine Learning 145

Smart Data Collective

MAY 17, 2021

A mission-critical task like maintenance can be relegated to proactive measures thanks to a steady flow of performance data. What’s more, the same technology can be used for other measures, like monitoring assets and goods, which cuts down on fraud and theft. billion by the end of 2025 , up from $3.8 billion in 2018.

Big Data 102

Big Data Cost-Benefit IoT Machine Learning 102

CIO Business Intelligence

MAY 28, 2022

The benefits? Drive cost efficiencies and make headway on meeting corporate environmental, social, and governance (ESG) targets, for starters. It may not drive them to many new behaviors, but it gives them additional support for initiatives that have sustainability benefits as well, such as power and thermal monitoring.”.

Cost-Benefit 103

Cost-Benefit Optimization Metrics Measurement 103

CIO Business Intelligence

MAY 26, 2022

The benefits? Drive cost efficiencies and make headway on meeting corporate environmental, social, and governance (ESG) targets, for starters. It may not drive them to many new behaviors, but it gives them additional support for initiatives that have sustainability benefits as well, such as power and thermal monitoring.”.

Cost-Benefit 97

Cost-Benefit Optimization Metrics Measurement 97

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

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 This unified experience optimizes the process of developing and deploying ML models by streamlining workflows for increased efficiency.

Machine Learning 79

Machine Learning Manufacturing Cost-Benefit Deep Learning 79

IBM Big Data Hub

FEBRUARY 6, 2024

A prime benefit of cloud computing for business is its flexibility for quickly and efficiently scaling resources to meet business demands, freeing organizations from investing time and expense into expanding their own physical IT infrastructure. Automation Automation tools are a significant feature of cloud-based infrastructure.

Cost-Benefit 109

Cost-Benefit Digital Transformation Software Modeling 109

Smart Data Collective

MAY 30, 2022

Companies are expected to spend over $24 billion on customers analytics technology by 2025. The benefits of analytics to understand the customer journey cannot be overstated. They must use reliable customer analytics tools to better understand their customer behavior and optimize the buying process.

Customer Analytics 109

Customer Analytics Management Analytics Data Processing 109

Jet Global

MARCH 6, 2020

by 2025, and 90 ZB of this data will be from IoT devices. In fact, according to a recent survey , two-thirds of manufacturing leaders indicated they had not maximized the potential benefits of analytics for operational insights and decision making. . Increasing this number reduces scrap and rework costs. .

Manufacturing 75

Manufacturing Data-driven Finance KPI 75

BizAcuity

APRIL 14, 2022

According to Gartner, through 2025, 80% of the organizations seeking to scale their digital business will fail because they do not take a modern approach to data and analytics governance. The truth is that with a clear vision, SMEs too can benefit a great deal from big data. Such is the significance of big data in today’s world.

Big Data 52

Big Data Data Analytics Management Unstructured Data 52

Andrew White

JANUARY 11, 2021

With a success behind you, sell that experience as the kind of benefit you can help improve. See Roadmap for Data Literacy and Data-Driven Business Transformation: A Gartner Trend Insight Report and also The Future of Data and Analytics: Reengineering the Decision, 2025. What is your vision for D&A for small and medium enterprises?

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52