CIO Business Intelligence

JANUARY 22, 2024

McKinsey & Company estimates that the annual increase of costs related to cybercrime will reach $10.5 trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue.

Digital Transformation 117

Digital Transformation Risk Cost-Benefit Risk Management 117

IBM Big Data Hub

MAY 12, 2023

Its aggressive sustainability goals included achieving net zero emissions by 2050, making all packaging reusable or recyclable by 2025 and investing more than USD 3 billion globally over several years to drive momentum. Learn more about the benefits of cloud-native development.

Consulting 78

Consulting Cost-Benefit Optimization Dashboards 78

Smart Data Collective

SEPTEMBER 16, 2022

They are using big data technology to offer even bigger benefits to their fintech customers. The use of artificial intelligence technologies allows for improving the quality of service and minimizing costs. Benefits of Decentralized Finance: Transparency. Cost optimization. Benefits of Big Data: Customer focus.

Finance 114

Finance Unstructured Data Cost-Benefit Big Data 114

Smart Data Collective

DECEMBER 13, 2021

billion on big data by 2025. This figure will continue to grow as more online retailers discover the benefits of using big data for various purposes, such as marketing. You simply can’t afford to ignore the benefits of using big data in this business. There are a lot of benefits of using big data in the e-commerce sector.

Data-driven 133

Data-driven Marketing Strategy Big Data 133

CIO Business Intelligence

JULY 13, 2023

billion by 2025 , it’s critical that we understand the environmental consequences caused by big tech. By 2025, Enterprise IT will have the equivalent carbon footprint of 463 million passenger vehicles driven for one year. With the number of connected devices expected to reach 55.7 Governance.

IT 85

IT Internet of Things Strategy IoT 85

CIO Business Intelligence

AUGUST 1, 2022

According to IDC , global data creation and replication will experience a compound annual growth rate (CAGR) of 23% by 2025. Gartner research shows that 60% of all enterprises will require storage products to have integrated ransomware defense and mitigation mechanisms by 2025, up from 10% in 2022. For more information, visit [link].

Strategy 89

Strategy Cost-Benefit Risk Management 89

Smart Data Collective

JUNE 16, 2022

Until now, they were proactively involved to maximize IT efficiencies and accelerate cost savings in general. Having cost-effective and high-quality business analytics tools such as Atlassian, MS Visio, Business Process Modeller, Balsamiq, and similar BA tools is essential for org initiative improvement. bn by 2025. .

Business Analytics 120

Business Analytics Analytics Forecasting Business Analysis 120

CIO Business Intelligence

MARCH 9, 2022

According to a study by Grand View Research, the global HPC market is expected to reach $60 billion by 2025.¹. The energy, oil, and gas sector uses these solutions for developing real-time wind and solar maps for energy optimization and improved photovoltaic efficiency. known as Direct Liquid Cooling (DLC).

Cost-Benefit 108

Cost-Benefit Manufacturing Consulting Optimization 108

Smarten

FEBRUARY 8, 2023

Gartner predicts that, ‘Through 2025, 80% of organizations seeking to scale digital business will fail because they do not take a modern approach to data and analytics governance.’ Loan Approval The cost of dealing with ‘bad’ loans is high and it reduces profitability and productivity.

Analytics 52

Analytics Advertising Predictive Analytics Optimization 52

Smart Data Collective

MARCH 30, 2022

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. They can use data on online user engagement to optimize their business models.

Analytics 114

Analytics Cost-Benefit Testing Dashboards 114

CIO Business Intelligence

JANUARY 23, 2023

Companies and governments are aware of the benefits of new technologies and digitization: optimizing costs and operating resources, ensuring customer satisfaction, attracting new customers, and gaining a competitive advantage through digital adoption. The Middle East is on the edge of a massive digital disruption.

IoT 109

IoT Strategy Cost-Benefit Digital Transformation 109

Smart Data Collective

APRIL 25, 2022

Digital adoption has been defined as the reinvention of a company through the optimization of legacy systems and utilization of new technologies. trillion by 2025. The benefits of digital adoption to your employees trickle down to your customers. The benefits are many, and its effects profound. trillion in 2022 and $2.8

Big Data 110

Big Data Cost-Benefit Digital Transformation Technology 110

Smart Data Collective

NOVEMBER 3, 2021

Web developers are using AI technology to optimize the user experience and execute their designs more quickly. More companies are discovering the benefits of using AI technology to streamline the website design process. It’s also important that you optimize both your site and content for better search engine rankings.

Cost-Benefit 111

Cost-Benefit Optimization Visualization Data-driven 111

CIO Business Intelligence

MARCH 14, 2022

Decisions are often made under some degree of uncertainty; 100% certainty is generally impossible, not necessary, and can be prohibitively expensive in terms of cost or time. So, it follows that there’s an optimal level of data where collecting further information won’t be worth the added cost. I call this point data saturation.

Uncertainty 86

Uncertainty Measurement Cost-Benefit Optimization 86

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

Smart Data Collective

OCTOBER 5, 2021

billion by 2025. One of the most important benefits of analytics in marketing is with PPC marketing. Lead generation is one of the most important roles that marketing plays in your business strategy, so you shouldn’t overlook the benefits of using analytics to accomplish it more effectively.

Analytics 118

Analytics Marketing ROI Testing 118

Ontotext

AUGUST 17, 2023

These failures are at least partly due to the absence of graph technologies, at the center of those transformations, allowing companies to “connect the dots” across their data to drive optimal outcomes. ” (See “Market Guide for Graph Database Management Systems”, Published 30 August 2022, by Merv Adrian and Afraz Jaffri).

Digital Transformation 52

Digital Transformation IT Cost-Benefit Consulting 52

CIO Business Intelligence

APRIL 19, 2022

The university extends employee benefits to contract workers. Using contract workers can be more cost effective when you have ad-hoc needs that need to be addressed,” Markow adds. Rather, it’s another reason to be strategic, so CIOs can minimize the negatives and optimize the benefits. Best practices.

IT 97

IT Cost-Benefit Strategy Consulting 97

Smart Data Collective

JANUARY 6, 2021

The market for financial data analytics is expected to reach $10 billion by 2025. The benefits of data analytics in accounts receivable was first explored by a study from New York University back in 2007. Robert Kugel from Ventana Research has talked about some of the benefits of using big data and AI in finance.

Data-driven 94

Data-driven Management Big Data Predictive Analytics 94

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

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 87

Data Processing Deep Learning Insurance Cost-Benefit 87

DataKitchen

FEBRUARY 21, 2023

By Robert Thanaraj , Ehtisham Zaidi , and 2 more. Gartner suggests in the article that successful Data Engineering teams have two crucial challenges. How to optimize Data Team Productivity – essentially that teams should avoid adding more bodies whenever they have more work that needs to be done.

Data-driven 130

Data-driven Testing Risk Cost-Benefit 130

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 71

Software Manufacturing Recreation/Entertainment Data-driven 71

CIO Business Intelligence

JUNE 1, 2022

Cloud-connected cars are now commonplace in the mainstream connected car market that is forecast to surpass $166 billion by 2025. Existing digital twin models can look at what’s happening in real-time and predictive analytics can help understand future potential benefits or pitfalls with designs and strategies. . billion by 2030.

Manufacturing 101

Manufacturing Digital Transformation Predictive Analytics Strategy 101

CIO Business Intelligence

JUNE 1, 2022

trillion by 2025. In the example of Viewpointe in the US, it is currently undergoing a full-stack modernization towards cloud-native with significantly-enhanced capabilities alongside 20%-30% expected cost savings. IDC forecasted worldwide “whole cloud” spending will surpass US$1.3

Digital Transformation 81

Digital Transformation Business Objectives Cost-Benefit IoT 81

CIO Business Intelligence

MAY 16, 2022

To reap the benefits, organizations need to modernize with a decentralized data strategy that delivers the speed and flexibility necessary for driving smarter outcomes for the business. billion connected IoT devices by 2025, generating almost 80 billion zettabytes of data at the edge. IDC estimates that there will be 55.7

IoT 82

IoT Data Warehouse Internet of Things Machine Learning 82

CIO Business Intelligence

NOVEMBER 21, 2023

Moreover, I am able to contribute towards driving innovation and fostering collaboration within the DAF, while assisting with the implementation and optimization of AI-based solutions. Identifying critical use cases and scenarios that can benefit from the application of AI and developing and implementing AI solutions to address these areas.

Strategy 108

Strategy Machine Learning Technology Data-driven 108

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

Smart Data Collective

JULY 2, 2019

We have heard experts all over the world talk about the benefits of big data in renewable energy. Better distribution, cost savings, technical improvements and, above all, the optimization of resources are some of the spaces that are opened up thanks to new technologies. Here are some of their findings.

Data Analytics 76

Data Analytics Internet of Things Analytics Big Data 76

CIO Business Intelligence

APRIL 4, 2022

trillion by 2025. Graph database technology can provide benefits beyond fraud detection. To create a productive, cost-effective analytics strategy that gets results, you need high performance hardware that’s optimized to work with the software you use. Annual losses from cybercrime worldwide are estimated to reach $10.5

Technology 52

Technology Deep Learning Cost-Benefit Data Quality 52

Cloudera

SEPTEMBER 18, 2020

Physical retail stores – Expect retailers to optimize space allocations moving away from a reactive to a more proactive supply chain design approach rooted in deep, layered real-time data that supports sophisticated decision making. Long term impact on retailers. The inventory distortion gap.

Manufacturing 82

Manufacturing IoT Forecasting Machine Learning 82

Ontotext

SEPTEMBER 24, 2020

billion by 2025. As the wide-spread IoT adoption and the proliferation of data points increase, digital twins, according to Gartner, are what technology innovation leaders leverage to improve enterprise architecture and optimize business transformation. billion in 2019 to $35.8 In a world of 2.5

IT 59

IT Digital Transformation Manufacturing Modeling 59

Jen Stirrup

MAY 5, 2022

A study by Intel showed that, by 2025, an estimated 70% of the workforce will be working remotely at least five days a month [1]. Employees will not do well if they are frustrated by not having the right tools, and the business will not benefit from diversity and inclusion initiatives if people cannot contribute equally.

Strategy 40

Strategy Digital Transformation Data-driven Cost-Benefit 40

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

Sisense

JANUARY 13, 2020

With the datasphere growing exponentially to an expected volume of 175 zettabytes by 2025 , it stands to reason that manufacturing is experiencing the radical impact of this growth, just as much as other business areas. Manufacturing constantly seeks ways to increase efficiency, reduce costs, and unlock productivity and profitability.

Manufacturing 52

Manufacturing Data Lake Big Data Data Warehouse 52

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 110

Optimization IoT Cost-Benefit Data-driven 110

Ontotext

MARCH 8, 2023

Gartner predicts that graph technologies will be used in 80% of data and analytics innovations by 2025, up from 10% in 2021. Several factors are driving the adoption of knowledge graphs. For many organizations, however, the question remains, “Is it the right solution for us?” We get this question regularly.

Enterprise 52

Enterprise Knowledge Discovery Risk Data-driven 52