Smart Data Collective

JUNE 28, 2022

It is projected that there will be over 77 million smart homes in the United States by 2025. Technological innovation has proved incredibly useful for this purpose, so we’ve compiled a list of smart energy inventions that are helping us all save energy costs and reduce our reliance on finite resources. Smart grids. The impact.

Technology 110

Technology Cost-Benefit Consulting Data-driven 110

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. Upgrading IT and data security to reduce corporate risk was the No. Yet there’s no singular, one-size-fits-all framework for secure data storage and management.

Strategy 98

Strategy Cost-Benefit Risk Management 98

CIO Business Intelligence

MAY 16, 2023

Many found these environments difficult to manage, govern and modernize, all while controlling costs. All these challenges limited the benefits the multicloud model was supposed to unlock. What is multicloud by design? There’s another way to approach the challenge of the multicloud operating model.

Strategy 98

Strategy Cost-Benefit Optimization Modeling 98

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 117

Finance Unstructured Data Cost-Benefit Big Data 117

Smart Data Collective

JULY 9, 2023

The market for public cloud computing services is projected to reach $800 billion by the end of 2025. We mentioned that many big businesses have moved to the cloud , but smaller businesses are benefiting from it as well. Due to the security risks associated with cloud businesses, a VPN can be very helpful.

Cost-Benefit 74

Cost-Benefit Risk Measurement Software 74

IBM Big Data Hub

AUGUST 18, 2023

The Digital Operational Resilience Act , or DORA, is a European Union (EU) regulation that created a binding, comprehensive information and communication technology (ICT) risk-management framework for the EU financial sector. the average cost of a data breach was at its highest, reaching $9.48M. In the U.S.,

Cost-Benefit 81

Cost-Benefit Testing Strategy Risk Management 81

erwin

APRIL 2, 2021

In fact, the global datasphere is projected to reach 175 zettabytes by 2025, according to IDC. With more companies increasingly migrating their data to the cloud to ensure availability and scalability, the risks associated with data management and protection also are growing. Organizations are managing more data than ever.

Data Governance 106

Data Governance Cost-Benefit Risk Metadata 106

CIO Business Intelligence

FEBRUARY 27, 2023

If you look into the startup world, they start in public clouds, but as they grow to a certain scale, cloud costs will become a big problem and the need for more control might come up to bring things back into their own infrastructures or sovereign clouds. So cloud-native first, yes but maybe not public cloud first to the same degree.”

Cost-Benefit 145

Cost-Benefit Digital Transformation Strategy Software 145

DataKitchen

FEBRUARY 21, 2023

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. Release New Data Engineering Work Often With Low Risk: “Testing and release processes are heavily manual tasks… automate these processes.”

Data-driven 130

Data-driven Testing Risk Cost-Benefit 130

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. To fulfill this, companies can be transparent about their strategies and risk management. Governance.

IT 98

IT Internet of Things Strategy IoT 98

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 135

Data-driven Marketing Strategy Big Data 135

CIO Business Intelligence

APRIL 4, 2022

“We will continue to utilize the advanced capabilities of the cloud for customer portals, AI, and soon RPA, which deliver big efficiencies and a huge return on investments with lower risk,” Gabriel says. The company’s low tolerance for availability risk has been a key factor in the decision to keep WIN in house, Gabriel says. “As

Digital Transformation 98

Digital Transformation Snapshot Cost-Benefit Modeling 98

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. Many businesses need to demonstrate improvements in environmental sustainability, but they need to accomplish this goal in a way that maximizes business benefits. . known as Direct Liquid Cooling (DLC).

Cost-Benefit 124

Cost-Benefit Manufacturing Consulting Optimization 124

Smart Data Collective

JUNE 29, 2022

Let’s talk about AI’s benefits in fintech , especially in terms of app development and how you can use it to maximize the success of your business. AI can benefit financial technology in a number of ways. From these benefits ultimately come cost savings. From these benefits ultimately come cost savings.

Cost-Benefit 87

Cost-Benefit Predictive Analytics Finance Forecasting 87

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

Ontotext

AUGUST 17, 2023

The use cases span all the things near and dear to most C-level executives’ hearts – driving more revenue, improving operational efficiency, reducing risk, or increasing innovation and agility. If context and relationships between things are important, then graph technologies should be at the center of the solution.

Digital Transformation 52

Digital Transformation IT Cost-Benefit Consulting 52

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 105

Uncertainty Measurement Cost-Benefit Optimization 105

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

Ontotext

NOVEMBER 2, 2023

It can be accomplished at a fraction of the cost of what organizations spend each year supporting the vast industry of data integration workarounds. While this may yield great benefits for the specific use case, it doesn’t fix the causes behind the “ Bad Data Tax ” that organizations are facing.

IT 69

IT Cost-Benefit Data-driven Technology 69

Smart Data Collective

FEBRUARY 22, 2021

billion on big data solutions in 2025. Meanwhile, the aftersales process can be easily automated by detecting if the customer has switched a garage from an official one to an independent one, why it happened and advice on how to mitigate this risk in the future. The industry is projected to spend $7.8 Autonomous and connected vehicles.

Analytics 86

Analytics Cost-Benefit Big Data Finance 86

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 98

IT Cost-Benefit Strategy Consulting 98

CIO Business Intelligence

NOVEMBER 21, 2023

The DAF has set ambitious goals to achieve AI readiness by 2025, and an AI competitive edge by 2027, in order to gain a strategic advantage over our adversaries in national security. 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 119

Strategy Machine Learning Technology Data-driven 119

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

NOVEMBER 6, 2019

Data from water delivery and sewer systems : Cities increasingly rely on data to automate wastewater treatment plants and plan green wastewater retention sites based on areas with the highest risk of flooding during major storms. By 2025, close to one-third of this information will be real-time data. Who Are Smart Cities For?

Cost-Benefit 79

Cost-Benefit Measurement Modeling Technology 79

Alation

MAY 19, 2022

A Gartner survey found that 57% of Boards of Directors have increased their risk appetites, and data & analytics are fueling more risky (and potentially rewarding) projects. The business benefits of a data fabric are real. Gartner Data & Analytics Summit 2022: Keynote Highlights. Monday’s keynote began with a bang. Conclusion.

Metadata 52

Metadata Data Analytics Analytics Data Governance 52

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

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

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. Use Case #4: Financial Risk Detection and Prediction The financial industry is made up of a network of markets and transactions. A risk issue in one financial institution could result in a domino effect for many.

Enterprise 52

Enterprise Knowledge Discovery Risk Data-driven 52

CIO Business Intelligence

AUGUST 25, 2022

According to industry analysts ( Gartner , Uptime Institute and 451 Research): By 2025, 80% of enterprises will close traditional data centers in search of a better solution to support their operations. This relieves customers of the capital expenditures and burden of running a data center on their own premises.

Risk 98

Risk Cost-Benefit Data Processing Digital Transformation 98

IBM Big Data Hub

MAY 25, 2023

In this blog post, we will examine traditional IT operation problems through the lens of data-driven automation and the benefits of AIOps. And every second counts—a recent IDC survey found that a single hour of downtime costs an average of USD 250K or more when a revenue-generating production service is impacted.

Cost-Benefit 77

Cost-Benefit Digital Transformation Optimization Data-driven 77

CIO Business Intelligence

APRIL 4, 2023

Unsurprisingly, more than half of enterprise IT spending in key market segments will shift to the cloud by 2025, according to Gartner. [1] However, the transformative benefits of cloud cannot be realized (or may even be negated!) without a modern network to support it. 4] How can cloud-based network management help?

Marketing 97

Marketing Management Cost-Benefit IoT 97

IBM Big Data Hub

OCTOBER 26, 2023

A recent IDC report — The Business Value of IBM Maximo — that surveyed 9 companies with an average of 8,500 employees, found that after these companies adopted IBM Maximo, it resulted in: a business benefit of approximately USD 14.6 million in total equipment cost avoidances annually. and add-ons by September 2025.

Consulting 103

Consulting Data Processing Cost-Benefit Risk 103

Smart Data Collective

FEBRUARY 14, 2023

One of the benefits of machine learning is that it can help improve mesh networks, which can minimize the risk of Internet connectivity problems. With 22% of the American workforce expected to go remote by 2025, it’s criminal not to have reliable and consistent WiFi in every corner of the house by now.

Machine Learning 97

Machine Learning Internet Publishing and Broadcasting Broadcasting Cost-Benefit 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

Cloudera

NOVEMBER 18, 2021

Every one of our 22 finalists is utilizing cloud technology to push next-generation data solutions to benefit the everyday people who need it most – across industries including science, health, financial services and telecommunications. And with petabytes of data, both time and cost were significant barriers to analysis. Data for Good.

Data Lake 73

Data Lake Cost-Benefit Digital Transformation Risk 73

CIO Business Intelligence

APRIL 28, 2023

Sovereign Cloud business estimated the total addressable market (TAM) will be $60bn by 2025, in no small part due to the rapid increase of data privacy laws (currently 145 countries have data privacy laws) and the complexity of compliance in highly regulated industries.​ Public clouds offer large scale at low cost.

Data Processing 69

Data Processing Metadata Cost-Benefit Risk Management 69

Jet Global

MAY 22, 2020

The company argues that these price increases are offset by other savings, such as the elimination of hardware and in-house data center costs. An even bigger issue, however, is an aversion to risk. The corporation sees benefits in moving to the cloud, but it prefers an incremental approach. The Risk of Creating “Change Events”.

Cost-Benefit 98

Cost-Benefit Sales Risk Software 98