O'Reilly on Data

APRIL 30, 2024

By Rufus Rock , UCL ; Tim O’Reilly , UCL ; Ilan Strauss , UCL ; and Mariana Mazzucato , UCL This article is republished from The Conversation under a Creative Commons license. For social media platforms, this was addictive content to increase time spent on platform at any cost to user health.

Risk 221

Risk Advertising Cost-Benefit Sales 221

CIO Business Intelligence

FEBRUARY 28, 2024

In this article, we explore the insights shared in an interview transcript to understand the impact of SD-WAN in India and how it addresses the unique challenges faced by the country’s networks. As part of this strategic planning, organizations may explore local breakout options, saving costs and enhancing performance at the branch level.

Cost-Benefit 98

Cost-Benefit Digital Transformation ROI Strategy 98

CIO Business Intelligence

MARCH 25, 2024

This article explores how CIOs can address each of their CFO’s key concerns when moving away from project-based teams to persistent funding, including the need to better track ROI, reduce risk, and reduce cost. The persistent teams used a benefits delivery roadmap, which outlined the SMART benefits to be delivered throughout the year.

Modeling 124

Modeling Cost-Benefit IT ROI 124

Smart Data Collective

OCTOBER 6, 2023

One of the biggest benefits of data analytics is that it helps companies improve stability during times of uncertainty. Understanding the dynamics of seasonal shifts is crucial for companies to operate efficiently, reduce costs, and maximize profits.

Management 117

Management Analytics Predictive Analytics Cost-Benefit 117

CIO Business Intelligence

FEBRUARY 12, 2024

Now, more than a decade later, business leaders recognize the advantages the cloud offers but are struggling with bloated cloud costs. Andreesen Horowitz coined the phrase the Cloud Paradox in a 2021 article , which posits that the pressure the cloud puts on company margins can start to outweigh the benefits over time.

Optimization 122

Optimization Cost-Benefit Reporting Digital Transformation 122

CIO Business Intelligence

FEBRUARY 29, 2024

You’d be forgiven if you’re wondering whether you’ve stumbled on an article from 2016 , but, in fact, the practice of launching an offshore IT center wholly owned and operated by the enterprise it serves is back in vogue with notable twists. The upside of captives today Some benefits of captive centers are the same as ever.

Cost-Benefit 116

Cost-Benefit Risk Modeling Strategy 116

datapine

APRIL 13, 2021

In this article, we will cover every fundamental aspect to take advantage of agency analytics. Starting with its definition, following with the benefits of agency reports, a list of tools, and a set of agency dashboard examples. Explore our 14 days free trial & benefit from interactive agency reports!

Dashboards 256

Dashboards Reporting Analytics Cost-Benefit 256

CIO Business Intelligence

JUNE 9, 2023

Without it, businesses incur steep costs, but the downside, or costs, are often unclear because calculating data management’s return on investment (ROI), or upside, is a murky exercise. For many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents.

Strategy 116

Strategy Management Key Performance Indicator ROI 116

IBM Big Data Hub

APRIL 25, 2024

This blog outlines some BPR examples that benefit from a BPM methodology. The methodology gained prominence with the publication of a 1990 article in the Harvard Business Review, “Reengineering Work: Don’t Automate, Obliterate,” by Michael Hammer, and the 1993 book by Hammer and James Champy, Reengineering the Corporation.

Cost-Benefit 63

Cost-Benefit Finance Optimization Key Performance Indicator 63

CIO Business Intelligence

APRIL 25, 2024

Here, it was believed an LLM would help, as an oft-touted benefit of LLMs is their speed, enabling them to complete complex steps rapidly. Cost considerations One aspect that Bottaro dubbed “a hurdle” was the cost. Again, cost can mean different things in different phases of a project, as LinkedIn’s experience shows.

IT 139

IT Experimentation Cost-Benefit Metrics 139

Smart Data Collective

SEPTEMBER 28, 2022

Last year, HubSpot published an article on the benefits of using AI for call center management. Though automated outbound calling holds a lot of benefits like low time expenditure and low costs, is it really effective? Benefits of Using AI to Handle Automated Calling. Low Call Center Costs.

Technology 125

Technology Cost-Benefit Marketing Advertising 125

CIO Business Intelligence

APRIL 17, 2024

For the editor, it means every piece of content they create combines with every other article to generate hundreds of insights. In our industry a lot of the talk about Generative AI has focused on efficiencies and cost savings. For a reader, it is like having a personal editor guiding them with intelligence to the right answer.

Cost-Benefit 105

Cost-Benefit Interactive Publishing Technology 105

CIO Business Intelligence

DECEMBER 8, 2023

Becoming a CSM offers individuals various valuable benefits, including increased recognition and credibility as a leader, additional opportunities within organizations with agile practices, leverage with future opportunities, and a demonstrated knowledge of Scrum principles. It’s also about being part of a community.

Cost-Benefit 97

Cost-Benefit Testing Management Optimization 97

datapine

SEPTEMBER 29, 2022

In this article, we will detail everything which is at stake when we talk about DQM: why it is essential, how to measure data quality, the pillars of good quality management, and some data quality control techniques. We will go over them in the third part of this article. The 5 Pillars of Data Quality Management. 1 – The people.

Data Quality 241

Data Quality Metrics Data-driven Management 241

Smart Data Collective

MARCH 23, 2023

Some companies are interested in taking advantage of the benefits of existing AI tools like ChatGPT. The ROI of creating their own AI applications can be massive, but they still need to use them cost-effectively. A study done by Deloitte in late 2022 showed that cost reduction is the top priority for CFOs.

Software 115

Software Strategy Cost-Benefit Testing 115

CIO Business Intelligence

AUGUST 7, 2023

Ever since Basecamp announced late last year that they were (mostly) pulling out of the cloud, there’s been a spirited debate about the failure of cloud computing to deliver on hyped-up promises of miraculous cost savings. Cost savings is (and always has been) the worst reason to migrate to the cloud. Agility and speed to innovation.

Cost-Benefit 98

Cost-Benefit Measurement ROI Risk 98

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. General Overview of the Benefits of AI in the Automotive Sector The market for AI in the automotive industry is booming.

Manufacturing 97

Manufacturing Cost-Benefit Machine Learning Optimization 97

datapine

AUGUST 19, 2020

In this article, we will take a closer look at the inventory management: what are the performance indicator that can help, how to choose them, and outline some inventory metrics examples as well as best practices. You can calculate it by dividing the costs of goods sold by the average inventory. Carrying cost of inventory.

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

Smart Data Collective

JANUARY 21, 2021

Many people don’t realize the countless benefits that big data has provided for the solar energy sector. A little over a year ago, Entrepreneur.com published an article on this topic titled Big Data and Solar Energy Are a Match Made in Heaven. We made a similar post about the benefits of big data for renewable energy.

Big Data 132

Big Data Cost-Benefit Data-driven Machine Learning 132

Smart Data Collective

AUGUST 30, 2022

That figure is expected to grow as more businesses discover its benefits. Prices must account for the company’s key value metric, cost structure, buyer personas, and other factors like competition. This article will walk you through 5 top B2B pricing models that you should consider when determining your own strategy.

B2B 131

B2B Analytics Cost-Benefit Metrics 131

Smart Data Collective

MAY 16, 2022

AI can analyze data from a variety of sources to help businesses determine which benefits and salary levels will be most appealing to potential employees. In this blog post, we will discuss how AI is being used to create optimal employee compensation packages and the benefits this technology can offer your business.

Cost-Benefit 116

Cost-Benefit Machine Learning Marketing Advertising 116

CIO Business Intelligence

DECEMBER 21, 2023

One reason is that public cloud has proven to be 40x more cost-effective. The innovations radically simplify and improve cloud workload security by eliminating lateral movement, reducing operational cost and complexity, and ensuring consistent threat and data protection. Zscaler Fig 1: Zscaler Zero Trust Cloud Connectivity.

Cost-Benefit 98

Cost-Benefit Enterprise Management IT 98

CIO Business Intelligence

NOVEMBER 27, 2023

Intelligent assistants are already changing how we search, analyze information, and do everything from creating code to securing networks and writing articles. How can CIOs deliver accurate, trustworthy AI without the energy costs and carbon footprint of a small city? The results are impressive and improving at a geometric rate.

Risk 132

Risk Cost-Benefit Modeling Optimization 132

CIO Business Intelligence

AUGUST 31, 2023

To create a new, cost-effective channel that helps meet members needs — and learns as it does so, to the benefit of members and the credit union itself. But we realized that with AI, we could add another channel of engagement but very cost effectively. Its vision? Even with more than 2.9 That’s just a small example.

Cost-Benefit 98

Cost-Benefit Interactive Digital Transformation Business Intelligence 98

IBM Big Data Hub

APRIL 3, 2024

It offers straightforward expansion into extra capabilities through full-suite access through the simple licensing model of AppPoints , ultimately driving innovation and cost-effectiveness in asset management strategies. With an emphasis on a uniform and enhanced user experience, the TRIRIGA Application Suite boosts efficiency.

Data Processing 72

Data Processing Cost-Benefit Optimization Management 72

Smart Data Collective

JULY 24, 2023

This article will delve into the transformative potential of AI in Vendor Management Systems, and how it’s setting the stage for a more strategic, intelligent, and efficient approach to procurement. Benefits of AI-Powered VMS The integration of AI into VMS offers several key benefits.

Management 87

Management Cost-Benefit Data-driven Predictive Analytics 87

Smart Data Collective

NOVEMBER 15, 2022

There are a plethora of benefits, but companies have to make sure that they store their data on the cloud properly. There are many reasons for this, which we will explore in this article. From increased security to lower costs, there are many benefits to storing data in the cloud. Lower Costs. Increased Security.

Cost-Benefit 110

Cost-Benefit Software Reporting Technology 110

CIO Business Intelligence

SEPTEMBER 7, 2023

more about this in my article about accelerating generative AI here ). Develop and maintain equipment Generative AI can hasten the development of military equipment and reduce costs by streamlining development cycles. Benefits include improved situational awareness, better decision-making, and efficient, streamlined operations.

Unstructured Data 119

Unstructured Data Cost-Benefit Risk Data-driven 119

Smart Data Collective

MAY 1, 2022

One of the benefits of leveraging machine learning is that it can help with develop employee compensation schemes. Joanne Sammer, an author with Better Workplace Better World published an article on the use of AI in making pay decisions. The leisure and hospitality businesses rely largely on tronc benefits.

Machine Learning 120

Machine Learning Management Cost-Benefit Insurance 120

Smart Data Collective

NOVEMBER 29, 2021

Read this article to get to know why banks need to introduce AI-based solutions in their workflows—the faster the better. In this article, we’ll analyze the primary benefits of AI in banking and a few drawbacks that the industry should be able to overcome soon. Reduced Costs. Compliance and Fraud Detection.

Cost-Benefit 111

Cost-Benefit Risk Finance Statistics 111

Smart Data Collective

APRIL 13, 2020

Freshdesk published an article on the importance of big data in customer service. They detailed a number of the benefits of using data to improve customer satisfaction. This was one of the first articles to delve into this topic. This helps companies reduce the cost of missed appointments and the branding problems they create.

Data Collection 141

Data Collection Big Data Cost-Benefit Strategy 141

Smart Data Collective

APRIL 4, 2023

We previously wrote about the benefits of using GPS data for geolocation optimization to improve automotive design , but the role of GPS data is more significant with managing excavation projects. One of the biggest benefits of cloud technology in this industry pertains to the use of GPS technology.

Cost-Benefit 83

Cost-Benefit Technology Publishing Big Data 83

Smart Data Collective

OCTOBER 12, 2022

One of the benefits of cloud technology is that it can help make printing easier. This article will cover the factors to consider when choosing a cloud printing platform that is right for your business! Second, what are the benefits of using a cloud printing platform? But there are other benefits as well.

Cost-Benefit 124

Cost-Benefit IT Testing Technology 124

Smart Data Collective

SEPTEMBER 29, 2022

There are a number of benefits of using it to your company’s advantage. A growing number of companies have leveraged big data to cut costs, improve customer engagement, have better compliance rates and earn solid brand reputations. The benefits of big data cannot be overstated. This article reveals all!

Data-driven 136

Data-driven Data Quality Optimization Insurance 136

Smart Data Collective

MARCH 23, 2023

AI technology offers a number of major benefits of small businesses and freelancers. However, one of the other benefits of AI is that it can help with your taxes! This article will help you figure out what you should focus on and how AI tools can help. Advanced AI algorithms can reduce costs, save time, and improve ROI.

Cost-Benefit 80

Cost-Benefit Insurance Advertising Consulting 80

datapine

APRIL 2, 2020

Benefit from a great tracking system today! By measuring KPIs regularly and automatically, you can increase productivity and decrease costs. . What Are The Benefits Of KPI Tracking? Now that we’ve established what key performance indicator tracking is, let’s look at the business-boosting benefits. What Is KPI Tracking?

KPI 195

KPI Key Performance Indicator Software Cost-Benefit 195

IBM Big Data Hub

APRIL 22, 2024

“But it’s important to reap these benefits while minimizing the environmental impact. An article from Columbia University states that LLM queries use up to five times more power than a traditional search engine. As data use and processing activities increase, so too will global emissions.

Cost-Benefit 99

Cost-Benefit Modeling Manufacturing Reporting 99