Smart Data Collective

JULY 16, 2023

Big data is the most important business trend of the 21st century. The usage, volume, and types of data have increased significantly. In fact, big data keeps gaining momentum. We mentioned that data analytics is vital to marketing , but it is affecting many other industries as well.

ROI 71

ROI Data Analytics Analytics Risk Management 71

CIO Business Intelligence

JULY 13, 2023

The rapid expansion of the Internet of Things (IoT), fueled by generative AI, is putting increasing pressure on data centers worldwide. By 2025, Enterprise IT will have the equivalent carbon footprint of 463 million passenger vehicles driven for one year. This aspect is about data usage, privacy, and responsible technology innovation.

IT 98

IT Internet of Things Strategy IoT 98

CIO Business Intelligence

AUGUST 8, 2022

Every year in Australia there are more than 50,000 instances of reported cybercrime. The risks can be mitigated however, with a managed firewall, endpoint security, good policies, and user training. Speaking of the cloud, expect to move most if not all your data and applications there too – if they aren’t already.

Sales 85

Sales Cost-Benefit Digital Transformation Enterprise 85

datapine

MAY 31, 2022

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

DataRobot Blog

MARCH 15, 2022

The main themes emerging from our conversations cover data integration, security and humility, strategy, and workforce development: Join siloed data together to create longitudinal, ready-to-analyze datasets. Secure data sharing and AI humility is a necessity.

Prescriptive Analytics 52

Prescriptive Analytics Digital Transformation Data-driven Machine Learning 52

CIO Business Intelligence

JANUARY 20, 2023

While more than half of C-suite executives agree on the need to reimagine workforce models, only a quarter feel their organizations are ready to address the evolving environment, according to Deloitte’s 2023 Global Human Capital Trends report. [2] 2] In this arena, desktop virtualization and cloud technologies will play starring roles.

Technology 59

Technology Cost-Benefit Deep Learning Modeling 59

IBM Big Data Hub

JULY 11, 2023

According to Statista , the artificial intelligence (AI) healthcare market, valued at $11 billion in 2021, is projected to be worth $187 billion in 2030. AI and ML technologies can sift through enormous volumes of health data—from health records and clinical studies to genetic information—and analyze it much faster than humans.

Deep Learning 58

Deep Learning Cost-Benefit Insurance Machine Learning 58

CIO Business Intelligence

FEBRUARY 26, 2024

Now, Gartner estimates that by next year, 35% of large organizations will have named a Chief AI Officer reporting to a CEO or COO. Like the internet, AI was born in a digital-first world, using data as its food for artificial thought. In the 1990s, Stategyn founder Tony Ulwick defined a novel approach called outcome-driven innovation.

Cost-Benefit 137

Cost-Benefit Modeling Data-driven Enterprise 137

IBM Big Data Hub

OCTOBER 20, 2023

AI platform tools enable knowledge workers to analyze data, formulate predictions and execute tasks with greater speed and precision than they can manually. trillion to the global economy in 2030, more than the current output of China and India combined.” PwC calculates that “AI could contribute up to USD 15.7

Machine Learning 78

Machine Learning Manufacturing Cost-Benefit Deep Learning 78

Jet Global

FEBRUARY 2, 2023

However, the construction industry includes a plethora of non-financial data points to track – are projects being delivered on time? According to Oxford Economics’ Future of Construction Report , the construction market is expected to grow by $4.5 trillion worldwide by 2030. But in the UK, growth isn’t as assured.

Uncertainty 52

Uncertainty KPI Reporting Measurement 52