CIO Business Intelligence

APRIL 12, 2021

Consistent with previous years, in CIO’s 2021 State of the CIO survey, a plurality of the 1,062 IT leaders surveyed chose “data/business analytics” as the No.1 Unfortunately, analytics initiatives seldom do nearly as well when it comes to stakeholder satisfaction. 1 tech initiative expected to drive IT investment.

Data Analytics 52

Data Analytics Analytics Business Objectives Business Analytics 52

DataKitchen

FEBRUARY 1, 2021

DataOps addresses a broad set of use cases because it applies workflow process automation to the end-to-end data-analytics lifecycle. Your data consumers are focused on business objectives. They need to grow sales, pursue new business opportunities, or reduce costs. Find Unhappy Analytics Users.

Business Objectives 245

Business Objectives Cost-Benefit Measurement Metrics 245

Sisense

FEBRUARY 18, 2021

Sadly, many companies are stuck using outmoded analytics that give them static, historical reports that only describe what has already happened and are useless in planning for the future. Predictions like those, indeed predictive analytics itself, rely on a deep understanding of the past and present, expressed by data.

Predictive Analytics 66

Predictive Analytics Business Intelligence Analytics Manufacturing 66

Sisense

OCTOBER 27, 2020

Given that the average enterprise company now has 15-19 HR systems feeding it information and 85% of leaders say that people analytics are very important to the future of HR, this clearly has to change! The HR analytics continuum. Operational analytics. Strategic analytics. Transformational analytics.

People Analytics 74

People Analytics Analytics Cost-Benefit Key Performance Indicator 74

FineReport

APRIL 26, 2023

With the right Big Data Tools and techniques, organizations can leverage Big Data to gain valuable insights that can inform business decisions and drive growth. Time Saving : Big data tools and technologies can collect and analyze data from multiple sources in real-time, enabling businesses to make quick decisions based on insights.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

Occam's Razor

APRIL 19, 2010

" "What is a dimension in analytics?" There seems to be genuine confusion about the simplest, most foundational, parts of web metrics / analytics. Definitions and standard perspectives on these terms will be covered in this post: Business Objectives. The objectives must be DUMB : Doable. Dimensions.

Metrics 138

Metrics Key Performance Indicator KPI Business Objectives 138

IBM Big Data Hub

FEBRUARY 9, 2023

The primary goal of any data governance program is to deliver against prioritized business objectives and unlock the value of your data across your organization. Realize that a data governance program cannot exist on its own – it must solve business problems and deliver outcomes.

Data Governance 80

Data Governance Business Objectives Strategy Data Quality 80

Sisense

MAY 18, 2021

In a recent survey from Villanova University, 100% of marketers said data analytics has an essential role in marketing’s future. With everyone on board with the importance of data analytics, it’s surprising that as of 2020, only 52.7% Modernize your marketing with data analytics. Deven says.

Marketing 52

Marketing Data Analytics Analytics Metrics 52

AWS Big Data

MARCH 7, 2023

This post provides guidance on how to build scalable analytical solutions for gaming industry use cases using Amazon Redshift Serverless. The following diagram is a conceptual analytics data hub reference architecture. This reference architecture partly combines a data hub and data lake to enable comprehensive analytics services.

Analytics 70

Analytics Data Warehouse Data Lake Metadata 70

Rocket-Powered Data Science

JUNE 17, 2022

Observability is a business strategy: what you monitor, why you monitor it, what you intend to learn from it, how it will be used, and how it will contribute to business objectives and mission success. log analytics and anomaly detection) across distributed data sources and diverse enterprise IT infrastructure resources.

Machine Learning 237

Machine Learning Recreation/Entertainment Risk Business Objectives 237

Andrew White

NOVEMBER 1, 2019

Only 3 years ago (see Data and Analytics Strategies Need More-Concrete Metrics of Success ) where we reviewed all the data strategies we had seen in the previous couple of years and less than 15% of them had concrete measurable outcomes. That was Business Objects. The article reflects a lot of what we have seen over the years.

Strategy 56

Strategy Analytics Data-driven Data Strategy 56

IBM Big Data Hub

DECEMBER 20, 2023

An AI strategy allows organizations to purposefully harness AI capabilities and align AI initiatives with overall business objectives. Define clear objectives What problems does the organization need to solve? Present the AI strategy Present the AI strategy to stakeholders, ensuring it aligns with business objectives.

Strategy 77

Strategy Business Objectives Cost-Benefit Consulting 77

CIO Business Intelligence

AUGUST 23, 2022

Organizations should embrace value-based decision making that focuses on the business objectives and that benefits for the various stakeholders (technology, operations, procurement, finance, security, data analytics, environment, etc.) The traditional method of purchasing based on price and product features is outdated.

Cost-Benefit 96

Cost-Benefit Business Objectives ROI Risk 96

Smarten

JANUARY 18, 2023

When we consider the implementation of a Citizen Data Scientist initiative, we typically do so to improve the business and the effectiveness of its team members. The business team is the heart and soul of the organization, carrying goals and objectives forward and holding the tools of business in their hands.

Key Performance Indicator 52

Key Performance Indicator Prescriptive Analytics Business Objectives Measurement 52

datapine

FEBRUARY 9, 2024

With this in mind, let’s review five best practices for choosing and using KPIs in your business. Think of your business goals Many industries use KPI management solutions to isolate their strongest indicators, such as in the field of retail analytics. KPIs are strategic indicators directly linked to business objectives.

KPI 221

KPI Management Key Performance Indicator Measurement 221

IBM Big Data Hub

JANUARY 30, 2024

Healthcare: Support telemedicine and patient data analytics, requiring stringent compliance regulations. Retail: Manage e-commerce platforms, customer data analytics and supply chain logistics, where data analysis often must occur at the edge.

Manufacturing 77

Manufacturing Business Objectives Optimization Risk Management 77

Birst BI

OCTOBER 30, 2018

Fortunately, advances in analytic technology have made the ability to see reliably into the future a reality. Business applications & the birth of BI. Since the dawn of business applications, the fundamental purpose of these applications has been to increase the efficiency of business processes.

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

Occam's Razor

JANUARY 12, 2015

The world of digital analytics seems to be insanely complicated. I led a discussion the other day with a collection of people who were brand new to the space and some who were jaded long-term residents of Camp Web Analytics. Digital Analytics Ecosystem: The Inputs. Digital Analytics Ecosystem: The Outputs. Let's go!

Analytics 150

Analytics Slice and Dice KPI Metrics 150

Smarten

MAY 29, 2023

Select the Augmented Analytics Solutions That Will Best Support Them! The concept of Citizen Data Scientist has been around a while now but some businesses still don’t understand the benefits and value this approach can provide. Try Smarten Insights Software-As-A-Service Data Analytics solution for FREE.

Prescriptive Analytics 52

Prescriptive Analytics Predictive Modeling Digital Transformation Business Objectives 52

Cloudera

JANUARY 5, 2023

As more industries mature digitally and widely adopt AI and machine learning technologies, 2023 will be a pivotal year for organizations looking to deploy emerging tech solutions company-wide to fulfill business objectives. 1- Treating data as a strategic business asset .

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

CIO Business Intelligence

DECEMBER 22, 2023

For security architects working in a cloud environment, the focus is on designing and implementing security solutions that protect the business’ cloud-based infrastructure, data, and applications. A cloud product manager can help ensure cloud teams develop effective solutions aimed at fulfilling business objectives.

Consulting 118

Consulting Software Business Objectives Optimization 118

CIO Business Intelligence

OCTOBER 24, 2023

“Few companies realize the role that organizational structure and culture play in driving transformation, and instead focus solely on the technology,” says Sunil Senan, SVP and global head of data, analytics, and AI at Infosys. Roadmaps give employees a sense of direction, an explanation of purpose, and convey strategic priorities.

Digital Transformation 144

Digital Transformation Data-driven Business Objectives Strategy 144

Ontotext

FEBRUARY 12, 2024

This is especially beneficial when teams need to increase data product velocity with trust and data quality, reduce communication costs, and help data solutions align with business objectives. In most enterprises, data is needed and produced by many business units but owned and trusted by no one.

Data-driven 59

Data-driven Data Lake Data Quality Business Objectives 59

FineReport

APRIL 9, 2024

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

Rocket-Powered Data Science

JULY 21, 2023

Such prescriptive capabilities can be more proactive, automated, and optimized, making digital resilience an objective fact for businesses, not just a business objective. From these data streams, real-time actionable insights can feed decision-making and risk mitigations at the moment of need.

Machine Learning 189

Machine Learning Metrics Reporting Internet of Things 189

IBM Big Data Hub

JUNE 30, 2022

There’s a renewed interest in reflecting on what can and should be done with data, how to accomplish those goals and how to check for data strategy alignment with business objectives. IT works to manage the underlying risk, security and performance through governance, without limiting flexibility.

Data Strategy 57

Data Strategy Strategy Business Objectives Data-driven 57

Rocket-Powered Data Science

FEBRUARY 15, 2023

First, don’t do something just because everyone else is doing it – there needs to be a valid business reason for your organization to be doing it, at the very least because you will need to explain it objectively to your stakeholders (employees, investors, clients).

Strategy 289

Strategy Experimentation Uncertainty Machine Learning 289

Smarten

MARCH 23, 2023

If your enterprise has nominated you for the role of a Citizen Data Scientist, you must have the right tools and augmented analytics features to help you fulfill your role. Gartner states that, ‘…90% of corporate strategies will explicitly mention information as a critical enterprise asset and analytics as an essential competency.’

Business Objectives 52

Business Objectives Consulting Enterprise Analytics 52

Rocket-Powered Data Science

JULY 6, 2021

Another example was in new data-driven cybersecurity practices introduced by the COVID pandemic, including behavior biometrics (or biometric analytics), which were driven strongly by the global “work from home” transition, where many insecurities in networks, data-sharing, and collaboration / communication tools have been exposed.

Data-driven 279

Data-driven Machine Learning IoT Deep Learning 279

CIO Business Intelligence

JUNE 23, 2023

According to the MIT Technology Review Insights Survey, an enterprise data strategy supports vital business objectives including expanding sales, improving operational efficiency, and reducing time to market. The problem is today, just 13% of organizations excel at delivering on their data strategy.

Data Strategy 102

Data Strategy Strategy Visualization Consulting 102

Occam's Razor

MARCH 7, 2016

I want you to sign up for something very, very special I'm doing: Writing short stories from the intersection of marketing and analytics. My newsletter is called The Marketing < > Analytics Intersect. I humbly believe this is a disservice as it results in a lack of focus on what really matters: Business impact.

Marketing Analytics 86

Marketing Analytics Marketing Analytics KPI 86

IBM Big Data Hub

DECEMBER 13, 2023

Determine business objectives Define specific measurable, achievable, relevant and timely (SMART) objectives for the procurement function. These objectives should directly support the overarching business goals and provide a clear framework for the procurement strategy.

Strategy 70

Strategy Cost-Benefit Key Performance Indicator Consulting 70

IBM Big Data Hub

DECEMBER 14, 2023

By understanding the organization’s unique risk landscape, IBM helps develop a strategic roadmap that aligns cybersecurity investments with business objectives, ensuring optimal protection while optimizing resources. IBM emphasizes the importance of continuous monitoring and learning.

Risk 84

Risk Measurement Business Objectives Optimization 84

Smarten

APRIL 21, 2022

Implementing initiatives to democratize data and improve Data Literacy is a good way to disrupt the culture and transform business users into Citizen Data Scientists. Gartner predicts that ‘By 2023, overall analytics adoption will increase from 35% to 50%, driven by vertical and domain-specific augmented analytics solutions.’

Business Objectives 52

Business Objectives Data-driven Forecasting Optimization 52

CIO Business Intelligence

JUNE 21, 2023

The study’s data shows that as automation eliminates repetitive tasks, the pendulum will swing toward the distinctly human skills of communication, creativity, and analytical thinking. Foster collaboration: Emphasize the importance of collaboration between IT and other business functions.

Modeling 102

Modeling Cost-Benefit Digital Transformation ROI 102

IBM Big Data Hub

JANUARY 5, 2023

Outlining business objectives you want your data to help you accomplish. Stakeholders can identify business use cases for certain data types, such as running data analytics on real-time data as it’s ingested to automate decision-making to drive cost reduction. Steps for developing an effective data strategy include: 1.

Data Quality 52

Data Quality Data Architecture Strategy Data Lake 52

Smart Data Collective

SEPTEMBER 25, 2023

Companies need to appreciate the reality that they can drain their bank accounts on data analytics and data mining tools if they don’t budget properly. We mentioned that data analytics offers a number of benefits with financial planning. Ensure that all IT expenditures align with business objectives and require proper approval.

Data-driven 103

Data-driven IT Cost-Benefit Big Data 103