Smart Data Collective

MARCH 29, 2023

However, we have quickly realized that ChatGPT has benefits that go well beyond writing more efficiently. A couple of weeks ago, General Motors started testing the benefits of ChatGPT in its products. Precedence Research reports that the market for AI in the automotive sector was worth $3.5

Manufacturing 96

Manufacturing Cost-Benefit Machine Learning Optimization 96

CIO Business Intelligence

OCTOBER 21, 2022

The contact center software market is expected to grow at a 21% compound annual growth rate ( CAGR ) from 2022 to 2030. But, with all this growth comes new potential costs. Amid a fast-changing landscape, contact center executives have a critical task: Keep pace and grow while also reducing costs and driving efficiency.

Cost-Benefit 75

Cost-Benefit Testing Metrics Marketing 75

Smart Data Collective

OCTOBER 3, 2023

billion on cloud computing in 2021 and that figure is expected to be worth over $15 billion by 2030. Let’s look at the benefits of using technology in the classroom with a few examples and their effect on learning and school management. Cloud computing lowers IT infrastructural costs. to facilitate students and faculty.

Technology 98

Technology Cost-Benefit Data-driven Software 98

Smart Data Collective

JULY 21, 2022

More institutions are recognizing this, so the market for data analytics in education is projected to be worth over $57 billion by 2030. This dependency poses the risks of increased costs, time and effort, and project delays. It also enables the employees to interact harmoniously with their colleagues and clients.

Data-driven 135

Data-driven Big Data Cost-Benefit Data Analytics 135

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. Consumers with accessibility issues face a real cost and can miss payments, for example,” he says. billion in lost revenue.

Cost-Benefit 87

Cost-Benefit Recreation/Entertainment Marketing Digital Transformation 87

CIO Business Intelligence

JANUARY 20, 2023

Companies benefit by keeping or acquiring geographically-dispersed top talent often attracted to a flexible work environment. Notably, businesses are adopting virtual desktop infrastructure (VDI) as a way to keep data secure, teams collaborative, and staff productive while reducing costs.

Technology 57

Technology Cost-Benefit Deep Learning Modeling 57

IBM Big Data Hub

APRIL 18, 2024

Regardless, given the wide range of predictions for AGI’s arrival, anywhere from 2030 to 2050 and beyond, it’s crucial to manage expectations and begin by using the value of current AI applications. While cost wasn’t the primary driver, it reflects a growing belief that the value generated by gen AI outweighs the price tag.

Cost-Benefit 91

Cost-Benefit Modeling Manufacturing Interactive 91