Smart Data Collective

OCTOBER 13, 2021

It’s similar to prices – price optimization through machine learning is a great tool to grow your revenue. By processing and analyzing big amounts of data, they can help you establish optimized pricing plans. Hire machine learning to make optimal pricing decisions. Price optimization without machine learning is incomplete.

Machine Learning 125

Machine Learning Optimization Software Modeling 125

CIO Business Intelligence

MARCH 26, 2024

Medium to long-term strategy Analysts point out that while several tech companies are reducing their workforce, Dell is one of the few who has recorded weak financial performance. We expect CSG net revenue growth for the full fiscal year, driven in part by the anticipated PC refresh cycle in the latter part of Fiscal 2025.”

Uncertainty 111

Uncertainty Forecasting Optimization Consulting 111

CIO Business Intelligence

OCTOBER 30, 2023

The key is to make data actionable for AI by implementing a comprehensive data management strategy. Getting the right and optimal responses out of GenAI models requires fine-tuning with industry and company-specific data. trillion by 2025 4 To date, approximately 76% 5 of organizations have already experienced a ransomware attack.

Unstructured Data 141

Unstructured Data Optimization Data-driven Strategy 141

datapine

MAY 2, 2023

You can use big data analytics in logistics, for instance, to optimize routing, improve factory processes, and create razor-sharp efficiency across the entire supply chain. The big data market is expected to exceed $68 billion in value by 2025 , a testament to its growing value and necessity across industries. Did you know?

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

CIO Business Intelligence

APRIL 4, 2024

In his keynote speech at the Hamburg IT Strategy Days in February, Weber looked back on those first three years and the journey he and his team took during that time. Three years ago, Essen-based Eon’s IT function was in the dumps, according to CIO Sebastian Webers’ colleagues when he took on his new role.

IT 93

IT Digital Transformation Sales Optimization 93

CIO Business Intelligence

MARCH 14, 2024

The UK government could improve productivity through widespread and systematized uptake of generative AI, but only if it takes steps to build its expertise and come up with an adoption strategy, a new study has found. Data infrastructure Legacy loomed large in the study’s chapter on tackling infrastructure and digital enablers.

Testing 107

Testing Risk Digital Transformation Statistics 107

CIO Business Intelligence

JULY 13, 2023

As technology innovators, we all must take responsibility and develop strategies to impact meaningful change. 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.

IT 90

IT Internet of Things Strategy IoT 90

CIO Business Intelligence

APRIL 11, 2022

With the focus shifting to distributed data strategies, the traditional centralized approach can and should be reimagined and transformed to become a central pillar of the modern IT data estate. billion connected Internet of Things (IoT) devices by 2025, generating almost 80 billion zettabytes of data at the edge. over last year.

Optimization 52

Optimization Data Lake Data Strategy Internet of Things 52

CIO Business Intelligence

FEBRUARY 8, 2023

As a result, numerous essential concerns like data collecting and reporting, decision-making, and data optimization are being addressed. Challenges for teams include finding effective strategies for using customer data to fuel experience decisions and developing tech evaluation criteria for their organisation.

ROI 98

ROI Measurement Data Processing Strategy 98

IBM Big Data Hub

MAY 15, 2024

However, the rise of hybrid and multi-cloud patterns has led to challenges in optimizing value and controlling cloud expenditure, resulting in a shift from capital to operational expenses. However, this reactive approach perpetuates firefighting rather than proactive self-optimization.

Key Performance Indicator 59

Key Performance Indicator Cost-Benefit Forecasting Finance 59

CIO Business Intelligence

MARCH 14, 2022

Several factors make such scaling difficult: Massive Data Growth: Global data creation is projected to exceed 180 zettabytes by 2025. zettabyes in 2020 to 51 zettabytes in 2025. Thus, the storage architecture can be optimized for performance and scale. Ready to evolve your analytics strategy or improve your data quality?

Data Processing 114

Data Processing Optimization Deep Learning Software 114

CIO Business Intelligence

FEBRUARY 27, 2023

To understand how organizations may be approaching their cloud strategies and tech investments in 2023, members of VMware’s Tanzu Vanguard community shared their insights on what trends will take shape. According to Forrester , forty percent of firms will take a cloud-native first strategy.

Cost-Benefit 138

Cost-Benefit Digital Transformation Strategy Software 138

CIO Business Intelligence

DECEMBER 6, 2023

When taking this to the next level, vendor partners act as co-innovators, helping businesses craft winning strategies based on innovation. An IDC report estimated the global IT developer shortage will reach four million by 2025, leaving businesses struggling to accelerate digital transformation without the needed workforce.

Digital Transformation 114

Digital Transformation Software Cost-Benefit Manufacturing 114

Smart Data Collective

SEPTEMBER 19, 2023

Researchers estimate that in 2025, they will consume around 20% of the world’s power supply. These figures represent a significant stride in optimizing energy and water utilization in data center operations. Here are some of the rewards you can reap by integrating them into your business strategy: 1.

Data-driven 112

Data-driven Big Data Optimization Machine Learning 112

CIO Business Intelligence

FEBRUARY 8, 2024

Hiring to take a hit In light of prevailing economic pressures, particularly affecting user industries such as BFSI, technology, and telecom, numerous leading organizations are implementing workforce reduction strategies, pointed out Thomas George, president of Cybermedia Group and CMR.

IT 90

IT Uncertainty Consulting Forecasting 90

CIO Business Intelligence

JANUARY 23, 2023

The pandemic has led many organizations in the Middle East to shift towards a digital-first strategy. A quarter of the respondents say they are now extending the digital-first strategies developed during the pandemic. over the next 10 years, and the strategy is already bearing fruit.

IoT 110

IoT Strategy Cost-Benefit Digital Transformation 110

CIO Business Intelligence

FEBRUARY 13, 2023

Notably, Turnley-Jones also stresses that sustainability at now at the heart of Dimension Data’s strategy. This strategy will be overseen by the company’s recently appointed Chief Risk and Sustainability Officer Zellah Fuphe. “We Bridgestone America is already using the solution to gain real-time visibility into its carbon footprint.

Internet of Things 75

Internet of Things IT IoT Strategy 75

IBM Big Data Hub

FEBRUARY 20, 2024

The International Energy Agency predicts that a combination of renewable energy and nuclear power will meet more than 90% of increased demand by 2025. In some cases, the latter can mean rolling back older flood mitigation strategies. 4 ” IEA: More than a third of the world’s electricity will come from renewables in 2025.

Modeling 118

Modeling Forecasting Reporting Risk 118

IBM Big Data Hub

MARCH 8, 2024

Social commerce, a form of ecommerce in which a social media platform serves as both a marketing channel and a shopping destination, is expected to grow by more than 50% between 2021 and 2025. trillion globally by 2025. The ecommerce market has grown exponentially over the last decade.

Consulting 83

Consulting Marketing Sales Data Processing 83

Smart Data Collective

OCTOBER 5, 2021

billion by 2025. 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. Is an Analytics-Driven PPC Strategy the Best Approach for Lead Generation?

Analytics 119

Analytics Marketing ROI Testing 119

CIO Business Intelligence

JUNE 7, 2022

Research by the Economist Intelligence Unit found that 86% of financial services firms plan to increase their AI-related investments through 2025. . by 2025, according to IDC. Ready to evolve your analytics strategy or improve your data quality? NLP will account for $35.1 Just starting out with analytics?

Unstructured Data 92

Unstructured Data Deep Learning Insurance Interactive 92

CIO Business Intelligence

MARCH 8, 2023

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.

Risk 52

Risk Strategy Management Modeling 52

CIO Business Intelligence

AUGUST 7, 2023

trillion annually by 2025. To avoid compliance issues and optimize the usefulness of data, organizations must consider what data they have, what kind of data it is, whose data it is, where the data is located, and the last time the data was audited or deleted. Organizations big and small, across every industry, need to manage IT risk.

Risk 94

Risk IT Management Risk Management 94

CIO Business Intelligence

OCTOBER 1, 2022

This strategy enables real-time analysis of data as it is being captured and eliminates decision delays. The tipping point comes in 2025, when, experts project, roughly half of all data will be generated and processed at the edge, soon overtaking the amount of data and applications addressed by centralized cloud and data center computing. “You

Cost-Benefit 108

Cost-Benefit Enterprise Optimization Manufacturing 108

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.

Consulting 78

Consulting Cost-Benefit Optimization Dashboards 78

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. 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.

Manufacturing 108

Manufacturing Digital Transformation Predictive Analytics Strategy 108

CIO Business Intelligence

NOVEMBER 21, 2023

The role of AI has become so critical to military strategy and capability that the US Air and Space Forces appointed its first chief artificial intelligence officer this year. I have the chance to lead and execute data and AI strategies that integrate disruptive technologies into the processes and operations of the DAF.

Strategy 113

Strategy Machine Learning Technology Data-driven 113

datapine

MAY 31, 2022

We discussed already some of these cloud computing challenges when comparing cloud vs on premise BI strategies. trillion by 2025 , these concerns are urgent and certainly not far-fetched fallacies. These tools also help optimize the cloud for cost, governance, and security. Governance/Control.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

FEBRUARY 22, 2024

Increasing pressures around environment, social, and governance (ESG) concerns have organizations across industries turning to their CIOs to revamp their strategies for ESG reporting. To date, many companies have merely repurposed existing technology solutions for their ESG reporting needs.

Software 86

Software Reporting KPI Enterprise 86

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]. A company’s digital transformation strategy is also its innovation strategy. Learning workers need the right tools to support innovation in a more comprehensive digital transformation strategy.

Strategy 40

Strategy Digital Transformation Data-driven Cost-Benefit 40

Cloudera

APRIL 18, 2024

With that said, consider the impact digital technology has made on the industry with the adoption of hybrid and multi-cloud strategies. DORA is a regulation by the European Commission, made effective in January of 2023, with compliance required by January 2025. What is DORA?

Risk Management 76

Risk Management Risk Testing Management 76

Smart Data Collective

MARCH 30, 2022

Ecommerce companies are expected to spend over $24 billion on analytics in 2025. Those that have a solid strategy predicated on it will have a higher ROI. They can use data on online user engagement to optimize their business models. Step #2 — Develop an Analytics-Based Financial Management Strategy.

Analytics 115

Analytics Cost-Benefit Testing Dashboards 115

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. How edge refines data strategy.

IoT 87

IoT Data Warehouse Internet of Things Machine Learning 87

Smart Data Collective

SEPTEMBER 16, 2022

Artificial intelligence is widely used in the field of providing solutions for investors and traders – almost all modern tools (algorithms, robots for formulating strategies, trading systems, digital brokers) used on the stock exchange are based on artificial intelligence. Cost optimization. Decentralized finance. Data security.

Finance 115

Finance Unstructured Data Cost-Benefit Big Data 115

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.’ Business Use Cases Can Help Users Understand the Value of Augmented Analytics!

Analytics 52

Analytics Advertising Predictive Analytics Optimization 52

CIO Business Intelligence

MARCH 22, 2022

But the sheer volume of the world’s data is expected to nearly triple between 2020 and 2025 to a whopping 180 zettabytes. Develop a strategy to liberate data . 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.

Analytics 103

Analytics Key Performance Indicator Data Warehouse Data-driven 103

BizAcuity

MARCH 31, 2022

By 2025, 80% of organizations seeking to scale digital business will fail because they do not take a modern approach to data and analytics governance. By 2025, AI will be the top category driving infrastructure decisions, due to the maturation of the AI market, resulting in a tenfold growth in compute requirements. Source: TCS).

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52