Smart Data Collective

JULY 9, 2023

One benefit is that they can help with conversion rate optimization. This article is going to provide some great insights on developing strategies for unlocking additional value from an online business, which can do a lot to boost revenue and catapult the enterprise to new heights.

Optimization 74

Optimization Data Analytics Analytics Data-driven 74

Smart Data Collective

OCTOBER 6, 2023

Data analytics technology has helped retail companies optimize their business models in a number of ways. One of the biggest benefits of data analytics is that it helps companies improve stability during times of uncertainty. There are a number of huge benefits of using data analytics to identify seasonal trends.

Management 116

Management Analytics Predictive Analytics Cost-Benefit 116

Smart Data Collective

SEPTEMBER 30, 2021

One of the biggest benefits of AI is that it has helped streamline many workplace functions. According to the analysis of Cybersecurity Ventures, the yearly cost of cybercrime is expected to reach $10.5 trillion , and ransomware damage costs will reach $20 billion by 2025. Optimizing AI-Driven Cybersecurity Apps.

Optimization 112

Optimization IoT Cost-Benefit Data-driven 112

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 97

Cost-Benefit Digital Transformation ROI Strategy 97

CIO Business Intelligence

JANUARY 3, 2024

These objections often include, “But we’ve always done it this way” (resistance to change), “It works just fine as is” (accepting the status quo which may be a sub-optimal solution), “Let’s wait until post-build” (pushing things off until later), “Let’s start with the metaverse” (being distracted by shiny objects), and more.

Cost-Benefit 128

Cost-Benefit ROI Manufacturing Optimization 128

IBM Big Data Hub

APRIL 25, 2024

BPR examples are not one-time projects, but rather examples of a continuous journey of innovation and change focused on optimizing end-to-end processes and eliminating redundancies. This blog outlines some BPR examples that benefit from a BPM methodology.

Cost-Benefit 60

Cost-Benefit Finance Optimization Key Performance Indicator 60

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

O'Reilly on Data

APRIL 23, 2024

But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. Back in 1971, in a talk called “ Designing Organizations for an Information-rich World ,” political scientist Herbert Simon noted that the cost of information is not just money spent to acquire it but the time it takes to consume it. “In

Advertising 265

Advertising Cost-Benefit Marketing Risk 265

CIO Business Intelligence

DECEMBER 20, 2022

In this article, discover how HPE GreenLake for EHR can help healthcare organizations simplify and overcome common challenges to achieve a more cost-effective, scalable, and sustainable solution. It also helps optimize spending and lower risk while increasing patient satisfaction.

Cost-Benefit 130

Cost-Benefit Optimization Software Machine Learning 130

datapine

AUGUST 19, 2020

In our cutthroat digital economy, massive amounts of data are gathered, stored, analyzed, and optimized to deliver the best possible experience to customers and partners. At the same time, inventory metrics are needed to help managers and professionals in reaching established goals, optimizing processes, and increasing business value.

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

datapine

MAY 31, 2022

3) Cloud Computing Benefits. 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

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 96

Manufacturing Cost-Benefit Machine Learning Optimization 96

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 128

Risk Cost-Benefit Modeling Optimization 128

datapine

JANUARY 31, 2022

Because things are changing and becoming more competitive in every sector of business, the benefits of business intelligence and proper use of data analytics are key to outperforming the competition. It will ultimately help them spot new business opportunities, cut costs, or identify inefficient processes that need reengineering.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

Smarten

MAY 17, 2024

The organization looks for a solution that is easy enough for its business users and intuitive enough to produce clear results; one that also provides sophisticated functionality and features and will produce a suitable Return on Investment (ROI) and Total Cost of Ownership (TCO). It also optimizes its resources, knowledge and time.

Analytics 52

Analytics Predictive Modeling ROI Cost-Benefit 52

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 112

Strategy Management Key Performance Indicator ROI 112

Smart Data Collective

SEPTEMBER 4, 2020

Data mining in Search Engine Optimization is a new concept and has gained importance in the digital marketing field. In this article, we would be diving into the details of data mining, its role in business decisions, the importance of SEO as well as how it is changing SEO in today’s digital world. What is Data Mining?

Data mining 65

Data mining Optimization Big Data Cost-Benefit 65

IBM Big Data Hub

DECEMBER 13, 2023

There are many articles on equipment failure patterns that infer that a majority of all equipment fails at random , regardless of how much preventive maintenance was done. Predictive maintenance can be extremely cost effective and can help reduce maintenance costs, decrease breakdowns and improve response times for breakdowns.

Cost-Benefit 65

Cost-Benefit Optimization Strategy Risk 65

IBM Big Data Hub

APRIL 3, 2024

It helps organizations optimize their workplace experience , facility resource scheduling, facility strategic planning, lease accounting and asset disposal, and manage their transactions, capital projects , space , facility maintenance and facility sustainability. Figure 1: TAS on customer-hosted Red Hat OpenShift high-level architecture 2.

Data Processing 67

Data Processing Cost-Benefit Optimization Management 67

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. In 2022, IBM introduced Vela , its first AI-optimized, cloud-native supercomputer.

Cost-Benefit 92

Cost-Benefit Modeling Manufacturing Reporting 92

Smart Data Collective

APRIL 30, 2022

Not only are SaaS tools cost-effective, but they also allow your company to scale and optimize processes and costs, as well as increase productivity by utilizing internal data. We’ll go through the best SaaS management software for enterprises in this article. Zylo – SaaS management and optimization platform.

Software 97

Software Enterprise Management Cost-Benefit 97

datapine

SEPTEMBER 6, 2022

To get you started on the topic, we’ve put together this guide including definitions, benefits, examples, and a list of best practices. The average session duration will tell you which type of content or pages are keeping users engaged for the most time and which ones are not that interesting so you can optimize accordingly.

Dashboards 179

Dashboards Reporting ROI Metrics 179

CIO Business Intelligence

FEBRUARY 14, 2023

Leaders see the cloud as a path to modernize their IT infrastructure, so they can achieve greater flexibility and agility, lower costs of operations, faster time to market, and heightened competitive advantage — just to name a few. However, for each of these major benefits, there’s also an inherent set of obstacles.

Cost-Benefit 115

Cost-Benefit Digital Transformation Metrics Marketing 115

Jen Stirrup

AUGUST 18, 2023

92% of oil & gas companies are diving into AI, bridging efficiency gaps with transformative technology, according to a recent Forbes article , and now is the time to participate in shaping the energy industry’s future. From a cost perspective, AI keeps reducing downtime.

Optimization 96

Optimization Cost-Benefit IoT Data-driven 96

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.

Cost-Benefit 93

Cost-Benefit Measurement ROI Risk 93

Smart Data Collective

OCTOBER 13, 2022

This article explores the possibilities and limits of AI in research and development. The technique is helping product design firm Seattle reduce costs and improve the quality of its products. Assembly Line Optimization. Though AI has many benefits in product R&D, it has some limitations in application.

Testing 112

Testing Cost-Benefit Experimentation Optimization 112

IBM Big Data Hub

JUNE 14, 2023

artificial intelligence (AI) applications, the Internet of Things (IoT), robotics and augmented reality, among others) to optimize enterprise resource planning (ERP), making companies more agile and adaptable. Optimize workflows by analyzing data from multiple sources (e.g.,

Manufacturing 75

Manufacturing Technology Internet of Things Cost-Benefit 75

CIO Business Intelligence

APRIL 11, 2024

Far from just gimmicks, these use cases will usher in a new era of smart stores that boost customer experience while increasing staff efficiency to drive down costs. The result is fewer mistakes, lower costs, happier customers, and less stressed employees. RFID tags have been around for decades and now cost just pennies.

Cost-Benefit 123

Cost-Benefit Technology Sales Visualization 123

Smart Data Collective

NOVEMBER 5, 2023

Some of the largest video streaming services, such as Netflix and Hulu use AI to provide the highest quality video streaming benefits to their customers. This article explores the most common video streaming protocols and the factors you should consider when choosing the one.

Cost-Benefit 110

Cost-Benefit Broadcasting Recreation/Entertainment Interactive 110

CIO Business Intelligence

DECEMBER 8, 2023

This certification is beneficial for people in product delivery who use the Scrum framework or those responsible for optimizing Scrum, including ScrumMasters and their teams. The Scrum Alliance offers numerous resources on Scrum fundamentals, including the Scrum Alliance expert blog, member articles, videos, presentations, and reports.

Cost-Benefit 85

Cost-Benefit Testing Management Optimization 85

IBM Big Data Hub

NOVEMBER 24, 2023

While rebuild results in maximum benefit, there is a need for high degree of investment, whereas rehost is about moving applications and data as such to cloud without any optimization and this requires less investments while value is low. We will explore key areas of acceleration with an example in this article.

Cost-Benefit 94

Cost-Benefit Testing Data-driven Enterprise 94

datapine

OCTOBER 7, 2020

Identifying what is working and what is not is one of the invaluable management practices that can decrease costs, determine the progress a business is making, and compare it to organizational goals. Marketing: CPC (Cost-per-Click). But first, let’s begin with a general understanding of key metrics and their usage in business.

KPI 269

KPI Metrics Sales Visualization 269

Smart Data Collective

AUGUST 3, 2023

Its implementation offers numerous benefits and applications that streamline operations and enhance efficiency. Fleet managers increasingly turn to cutting-edge technologies to boost productivity and save costs. Look at the top blockchain benefits and how they improve fleet management.

Technology 85

Technology Management Cost-Benefit Manufacturing 85

CIO Business Intelligence

MAY 2, 2023

This article was co-authored by Massimo Pezzini, Head of Research, Future of the Enterprise at Workato. Citizen developers are a vital resource for organizations looking to streamline processes, increase efficiency, and reduce costs, whilst supporting business innovation and agile change.

Cost-Benefit 100

Cost-Benefit Risk Enterprise Optimization 100

Cloudera

MAY 6, 2021

In the introductory article of this series, I presented the overarching framework for quantifying the value of the Cloudera Data Platform (CDP): . The answer is, yes, there are direct, quantifiable benefits by employing cloud arbitrage strategies, in addition to the broader, strategic advantages that a multi-cloud capability has.

Strategy 91

Strategy Cost-Benefit Optimization Risk 91

datapine

OCTOBER 21, 2020

In fact, healthcare analytics has the potential to reduce costs of treatment, predict outbreaks of epidemics, avoid preventable diseases, and improve the quality of life in general. In this article, we’re going to address the need for big data in healthcare and hospital big data: why and how can it help?

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364

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. Analytics technology can help companies optimize their prices more effectively. Cost-Plus Pricing. Value-Based Pricing.

B2B 131

B2B Analytics Cost-Benefit Metrics 131