Alation

JULY 15, 2022

In the Cambridge Analytica case, the company went from a data strategy focused on monetisation by increased revenue to company closure due to the reputational damage from the negative media and public response. Clearly, using private Facebook data collected in a nefarious manner to sway political elections is not ethical.

Cost-Benefit 89

Cost-Benefit Data Governance ROI Risk 89

CIO Business Intelligence

OCTOBER 4, 2022

Many CIOs are now working with an IT environment that can deliver a modern data strategy but are struggling to unlock the full potential. The first step for CIOs is to break down internal barriers and address the problems caused by data siloed in legacy environments. Data is undoubtedly a major point of investment for organisations.

Cost-Benefit 105

Cost-Benefit Strategy ROI Digital Transformation 105

CIO Business Intelligence

APRIL 29, 2022

Preparing for an artificial intelligence (AI)-fueled future, one where we can enjoy the clear benefits the technology brings while also the mitigating risks, requires more than one article. This first article emphasizes data as the ‘foundation-stone’ of AI-based initiatives. Establishing a Data Foundation.

Data Governance 145

Data Governance IT Risk Data Lake 145

Smart Data Collective

JUNE 21, 2023

By understanding and implementing the right HR metrics, organizations can make data-driven decisions, optimize their workforce, and ultimately drive organizational success. There are a number of major benefits of using big data in human resources. These benefits include the following: Helping recruit talent.

Data-driven 82

Data-driven Analytics Metrics Big Data 82

BA Learnings

AUGUST 7, 2021

In this article, we’ll be discussing 3 reasons why most digital transformation initiatives continue to fail so you can be aware of the red flags, and avoid them altogether. However, after putting in place infrastructure for this database, you realize you need to improve your data collection methods. If not, you should.

Digital Transformation 130

Digital Transformation Key Performance Indicator Cost-Benefit KPI 130

datapine

APRIL 21, 2022

For instance, when it comes to Human Resources, a digital transformation entails streamlining operations and digitizing personnel data. An accounting department may consider leveraging electronic contracts, data collecting, and reporting as a part of the digital transition. Refine Digital Channels. Social Media Marketing.

Digital Transformation 206

Digital Transformation Marketing Advertising Scorecard 206

Smart Data Collective

SEPTEMBER 11, 2020

An article in CISCOMAG talks about the benefits of using AI in improving network security. By mimicking human intelligence and analyzing data with inbuilt algorithms, this technology is revolutionizing users’ networking experience. AI will also employ cost-effectiveness in developing and maintaining networking systems.

Technology 97

Technology IoT Internet of Things Cost-Benefit 97

FineReport

JUNE 29, 2023

The Internet of Things (IoT) has revolutionized the way we interact with devices and gather data. In this article, we will explore the concept of IoT dashboards, delve into their benefits, examine real-life examples, and highlight the essential features that make them indispensable in the IoT landscape.

IoT 52

IoT Dashboards Visualization Cost-Benefit 52

Smart Data Collective

MAY 17, 2021

For example, when you’re reading a physical newspaper or a magazine, it’s impossible for the media company that owns the newspaper or magazine to monitor which pages you spent the most time reading and what type of articles you prefer. We, the consumers, don’t gain much from this massive data collection and profiling.

Cost-Benefit 94

Cost-Benefit Advertising Data Collection Data-driven 94

Smart Data Collective

JULY 9, 2023

There are many ways that data analytics can help e-commerce companies succeed. One benefit is that they can help with conversion rate optimization. Collecting Relevant Data for Conversion Rate Optimization Here is some vital data that e-commerce businesses need to collect to improve their conversion rates.

Optimization 74

Optimization Data Analytics Analytics Data-driven 74

Smart Data Collective

JUNE 15, 2022

According to many surveys, more than 90% of retail organizations across a wide range of sectors feel location data is crucial to their success. In fact, the popularity of location data has grown so much that it is expected to touch about $35 billion in value by 2027. 9 Ways Location Data Can Help You Excel in Retail.

Advertising 98

Advertising Cost-Benefit ROI Sales 98

Smart Data Collective

NOVEMBER 24, 2020

In this article, you’ll discover: upcoming trends in business intelligence what benefits will BI provide for businesses in 2020 and on? Augmented analytics uses artificial intelligence to process data and prepare insights based on them. Future of Business Intelligence: Benefits Provided. Access to Essential Information.

Business Intelligence 130

Business Intelligence Visualization Dashboards Prescriptive Analytics 130

Smart Data Collective

DECEMBER 11, 2019

In 2013, Wired published a very interesting article about the role of big data in the field of integrated business systems. Author James Kobielus, the lead AI and data analyst for Wikibon and former IBM expert, said that there are a number of ways that integrated business systems are tapping the potential of AI and big data.

Big Data 69

Big Data Cost-Benefit Software Risk 69

O'Reilly on Data

JULY 28, 2020

In this article, we turn our attention to the process itself: how do you bring a product to market? The development phases for an AI project map nearly 1:1 to the AI Product Pipeline we described in the second article of this series. The final article in this series will be devoted to debugging.). Identifying the problem.

Marketing 363

Marketing Experimentation Metrics Testing 363

Ontotext

FEBRUARY 14, 2024

The combination of speed, accuracy and scale makes CEEL an effective and cost-efficient system for extracting entities, even when talking about web-scale datasets. This approach has certain benefits. This makes it an effective and cost-efficient system for extracting entities from large-scale data collections.

Cost-Benefit 52

Cost-Benefit Modeling Metadata Optimization 52

Smart Data Collective

MAY 8, 2022

Brands are closely working to solve this as they dive deep into the world of big data analytics. Well, don’t go anywhere because, in this article, we will show you how you can use big data analytics combined with AI to achieve the best performance possible. What is the relationship between big data analytics and AI?

Big Data 106

Big Data Data Analytics Analytics Cost-Benefit 106

Andrew White

APRIL 2, 2019

Two articles I spied in the last few days really nailed for me the “war on data”. By “war” I mean to say the onslaught of public policy being mooted that play the efficiencies of the market off against so called benefits of the individual. Singapore Bill Hits False Online Reports , Wall Street Journal, April 2 nd ,2019.

Cost-Benefit 69

Cost-Benefit Marketing Data Collection Reporting 69

O'Reilly on Data

OCTOBER 22, 2020

We then each chose our top three questions, which we’ve detailed in this article. The safest course of action is also the slowest and most expensive: obtain your training data as part of a collection strategy that includes efforts to obtain the correct representative sample under an explicit license for use as training data.

Consulting 303

Consulting Risk Cost-Benefit Modeling 303

FineReport

JUNE 7, 2023

This, in turn, saves numerous working hours and ultimately reduces costs, all made possible through modern solutions. Keeping these concepts in mind, we will delve into the fundamental dynamics of project management dashboards, examine exemplary instances and templates, and explore the myriad benefits they offer.

Dashboards 52

Dashboards Management Visualization Cost-Benefit 52

IBM Big Data Hub

OCTOBER 16, 2023

Bias can be found in the initial training data, the algorithm, or the predictions the algorithm produces. Businesses cannot benefit from systems that produce distorted results and foster mistrust among people of color, women, people with disabilities, the LGBTQ community, or other marginalized groups of people.

Advertising 68

Advertising Machine Learning Data Architecture Cost-Benefit 68

Jet Global

AUGUST 14, 2019

While the technology behind enabling computers to simulate human thought has been developing, at times slowly, over the past half-century, the cost of implementation, readily available access to cloud computing, and practical business use cases are primed to help AI make a dramatic impact in the enterprise over the next few years.

Enterprise 70

Enterprise OLAP Business Intelligence Cost-Benefit 70

Jet Global

SEPTEMBER 1, 2020

But the potential for misuse exists if a company charges above or below the market price and transfers profits and costs to other divisions to reduce their tax burden. Weigh The Benefits Of Data Scientists. This article originally appeared in Forbes on August 5, 2020.

Cost-Benefit 69

Cost-Benefit Manufacturing Risk Data Collection 69

Anmut

NOVEMBER 18, 2020

Data valuation is the first step to data monetisation. There are numerous ways to find this value, and this article focuses on financial methods for valuing data. Gartner’s esteemed analyst, Doug Laney’s Infonomics framework explains three: cost value, market value, and economic value. The cost value methods.

Cost-Benefit 52

Cost-Benefit Measurement Marketing Modeling 52

Jet Global

JUNE 5, 2020

Create an environment in which the KPI positively impacts the workplace and encourages/rewards people for doing things that will benefit the company. Compiling the data and reporting it. This insurance performance indicator helps estimate this by figuring out the average cost of each claim made.

Insurance 59

Insurance Metrics Reporting KPI 59

Jet Global

OCTOBER 2, 2019

While the technology behind enabling computers to simulate human thought has been developing, at times slowly, over the past half-century, the cost of implementation, readily available access to cloud computing, and practical business use cases are primed to help AI make a dramatic impact in the enterprise over the next few years.

Enterprise 40

Enterprise OLAP Business Intelligence Cost-Benefit 40

FineReport

MAY 31, 2023

In today’s dynamic business environment, gaining comprehensive visibility into financial data is crucial for making informed decisions. In this article, we will explore the concept of a financial dashboard, highlight its numerous benefits, and provide various kinds of financial dashboard examples for you to employ and explore.

Dashboards 52

Dashboards Key Performance Indicator Metrics Visualization 52

Insight

MARCH 27, 2019

DeepAugment is an AutoML tool focusing on data augmentation. It utilizes Bayesian optimization for discovering data augmentation strategies tailored to your image dataset. Ways to get better data Efforts to improve the quality of data often have a higher return on investment than efforts to enhance models.

Optimization 75

Optimization Cost-Benefit Modeling Strategy 75

Sisense

OCTOBER 15, 2020

Let’s look at a few ways that different industries take advantage of streaming data. How industries can benefit from streaming data. Another goal that teams dealing with streaming data may have is managing and optimizing a file system on object storage. The best architecture for that is called “event sourcing.”

Dashboards 98

Dashboards IoT Optimization Internet of Things 98

Jet Global

JULY 8, 2020

However, bringing your factory from ninety percent efficiency to ninety-five percent would cost exponentially more than it would to improve a highly inefficient distribution process. Picking and Packing Cost – Everything in a business has an associated cost. Earlier, we talked about the carrying costs of inventory.

Metrics 52

Metrics Reporting KPI Key Performance Indicator 52

Rocket-Powered Data Science

MAY 21, 2024

To see this, look no further than Pure Storage , whose core mission is to “ empower innovators by simplifying how people consume and interact with data.” See additional references and resources at the end of this article. Second question: What about technical debt and the cost of “lift and shift” to these new AI-ready architectures?

Cost-Benefit 239

Cost-Benefit Unstructured Data Enterprise Technology 239

datapine

AUGUST 12, 2020

They may gather financial, marketing and sales-related information, or more technical data; a business report sample will be your all-time assistance to adjust purchasing plans, staffing schedules, and more generally, communicating your ideas in the business environment. Benefit from great business reports today!

Reporting 297

Reporting Dashboards Visualization Cost-Benefit 297

CIO Business Intelligence

JANUARY 3, 2024

This can often lead to improvements in efficiency, performance, and cost savings by way of a holistic view of building operations. To make the business case compared to the status quo, it’s important to itemize all of these and ensure the full benefits of the digital twin can be articulated and understood.

Cost-Benefit 136

Cost-Benefit ROI Manufacturing Optimization 136

datapine

JULY 6, 2022

Professionals in human resources, management, customer service and more can all benefit from the data in their productivity metrics. According to an article in Harvard Business Review, measuring productivity in a modern business context is not only about direct labor but about a lot of other non-labor areas. Overtime hours.

Measurement 243

Measurement Metrics KPI Sales 243

IBM Big Data Hub

JUNE 14, 2023

This article will explore the key technologies associated with smart manufacturing systems, the benefits of adopting SM processes, and the ways in which SM is transforming the manufacturing industry. Ensure that sensitive data remains within their own network, improving security and compliance.

Manufacturing 72

Manufacturing Technology Internet of Things Cost-Benefit 72

Occam's Razor

JANUARY 31, 2017

Ten years, and the 944,357 words, are proof that I love purposeful data, collecting it, pouring smart strategies into analyzing it, and using the insights identified to transform organizations. I'll link to those posts and an article in Forbes in the last section. You did all the work, why not benefit the audience?

Visualization 148

Visualization IT Strategy Key Performance Indicator 148

Jet Global

JUNE 24, 2020

Here are some engineering KPI examples that you can apply to your research and development team: Existing Product Support Cost – This engineering KPI tracks how much it costs your company to support existing product lines relative to how much revenue they generate each year.

Metrics 98

Metrics Reporting KPI Key Performance Indicator 98

Smart Data Collective

FEBRUARY 28, 2023

Here at Smart Data Collective, we have blogged extensively about the changes brought on by AI technology. We talked about the benefits of AI for consumers trying to improve their own personal financial plans. We are going to provide some insights on the benefits of using machine learning for risk parity analysis.

Machine Learning 85

Machine Learning Risk Cost-Benefit Marketing 85