CIO Business Intelligence

NOVEMBER 20, 2023

Where should companies invest in generative AI strategies to get the biggest payoffs with the lowest risks? This is absolutely a low-risk, high-reward use case,” says Condell. Today, the human touch is essential for ensuring not only the safe deployment of this technology, but also extracting the greatest ROI from it.

Interactive 126

Interactive Risk ROI Testing 126

Smart Data Collective

JULY 11, 2022

You have to work harder to get a high ROI with social media advertising than with organic content, because you have to spend money on ads. These data analytics platforms make it easier to improve the ROI of your strategy. You may want to review that article for more insights. Content marketing. Email marketing.

Data Analytics 132

Data Analytics Analytics Advertising Big Data 132

datapine

MAY 31, 2022

We have already predicted in our BI trends article the importance and implementation of the cloud in companies like Alibaba, Amazon, Google and Microsoft. In this article, we have gathered the 12 most prominent challenges of cloud computing that will deliver fresh perspectives related to the market. Cost management and containment.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

Alation

JULY 15, 2022

I recently led an online session, Data Monetisation and Governance , looking at the evolution of data governance , defining data ethics (from the Turing Institute ), and touching on the balancing act between using data to monetise (by increasing revenue, decreasing spend, or mitigating risk) and meeting ethical obligations. The mandate.

Cost-Benefit 89

Cost-Benefit Data Governance ROI Risk 89

Smart Data Collective

AUGUST 22, 2022

This article will discuss some key advantages and why every business needs to implement them. For online marketers, one of the best ways is to use data mining to find new keywords to target for PPC marketing campaigns, which offer very high ROIs. Using data-driven marketing can connect you to customers. Conclusion.

Data-driven 92

Data-driven Marketing Advertising Big Data 92

Smart Data Collective

AUGUST 22, 2021

Amid the recent volatility, this article focuses on whether crypto-assets can be profitable in the coming years. At the time of writing, Bitcoin is currently trading a little above $43,000 per coin — representing a remarkable ROI of over 300,000% over 10 years. This has raised questions about the future of cryptocurrency investments.

Predictive Analytics 130

Predictive Analytics Analytics ROI Marketing 130

CIO Business Intelligence

MARCH 11, 2024

For example, a financial services company might seek a solution that can help them manage risk, comply with industry-specific regulations, and provide better customer service. This translates to higher productivity, improved decision-making, and ultimately, higher ROI. They understand the jargon, the workflows, the pain points.

Manufacturing 87

Manufacturing Cost-Benefit Finance Marketing 87

Smart Data Collective

MARCH 23, 2023

The ROI of creating their own AI applications can be massive, but they still need to use them cost-effectively. If you are aiming to cut down your skyward development costs without compromising quality, this article outlines some ways you can consider approaching this goal. Manual testing requires time, effort, and money.

Software 114

Software Strategy Cost-Benefit Testing 114

datapine

APRIL 21, 2022

Later, your team can find the right channels that offer better ROI. Maintaining and increasing the ROI of your digital marketing requires constant improvement and iteration. The ever-changing digital landscape puts you at the risk of falling behind if you stop after just one or a few activities.

Digital Transformation 206

Digital Transformation Marketing Advertising Scorecard 206

CIO Business Intelligence

AUGUST 7, 2023

David Linthicum , the author of An Insider’s Guide to Cloud Computing , recently wrote an article for InfoWorld that addresses this question. How can I unlock the full potential of cloud computing infrastructure for maximum ROI? If not cost savings, what’s the business case for investing in cloud computing infrastructure?

Cost-Benefit 95

Cost-Benefit Measurement ROI Risk 95

CIO Business Intelligence

JUNE 21, 2023

Anderson said in the same Wired article. “If Show the short-term and long-term benefits, along with the associated costs and risks. Quantify the value: Use data and metrics to demonstrate the potential return on investment (ROI) of IT initiatives. Also spotlight the other side of ROI (return on ignorance).

Modeling 105

Modeling Cost-Benefit ROI Digital Transformation 105

CIO Business Intelligence

SEPTEMBER 11, 2023

They also “drive home the role of the AI CoE, the ROI of standardizing data science workflows, the ROI of when innovation initiatives are better supported and prioritized, and the ROI of utilizing AI to scale apps/products so they can scale to handle more use cases,’’ Rizwan says.

Digital Transformation 135

Digital Transformation ROI Strategy Data Science 135

Smart Data Collective

APRIL 3, 2022

As AI technology has improved, algorithmic trading has become more effective and given traders the opportunity to realize higher ROIs. Towards Data Science published an article titled How Renaissance beat the markets with Machine Learning , which emphasized the major benefits of AI in their trading. profits depend on a sound strategy.

Technology 94

Technology Cost-Benefit ROI Strategy 94

Smart Data Collective

JUNE 15, 2022

In this article, we will talk about nine ways location data can help you excel in retail. This tailored method outperforms allocating advertising expenditures over a variety of channels without analyzing each channel’s performance in terms of ROI and client acquisition cost. That’s all for this article.

Advertising 97

Advertising Cost-Benefit ROI Sales 97

CIO Business Intelligence

OCTOBER 4, 2022

As we saw in the previous article ( How The CIO Can Become The CMO’s Best Ally In The Use Of Data ), this ultimately comes down to the CIO’s ability to achieve stakeholder alignment across the executive team. The first step for CIOs is to break down internal barriers and address the problems caused by data siloed in legacy environments.

Cost-Benefit 103

Cost-Benefit Strategy ROI Digital Transformation 103

Smart Data Collective

JANUARY 14, 2021

In 2019, Forbes published an article showing that machine learning can increase productivity of the financial services industry by $140 billion. While this obviously means that there is more risk, it also gives more informed investors a chance to beat market benchmarks. Every individual investor has their own set of objectives.

Predictive Analytics 81

Predictive Analytics Forecasting Analytics Machine Learning 81

Smart Data Collective

JANUARY 30, 2023

So, how can one create software with as little risk as possible? When used appropriately, it can significantly improve your overall ROI. The official announcement on CISA’s website clearly outlines the increased risks of cyber attacks. Cryptocurrency prices have plummeted — another clear indicator of turbulent times.

Software 97

Software Strategy Testing Advertising 97

IBM Big Data Hub

APRIL 18, 2024

Beyond cost savings, organizations seek tangible ways to measure gen AI’s return on investment (ROI), focusing on factors like revenue generation, cost savings, efficiency gains and accuracy improvements, depending on the use case. It analyzes historical data and news articles, confirming a possible market correction.

Cost-Benefit 90

Cost-Benefit Modeling Manufacturing Interactive 90

Smarten

JUNE 24, 2022

Augmented Analytics, designed specifically to support business users with no data science skills, provides an opportunity for businesses and business professionals to mitigate risk and to improve revenue and results. Review income statements and compare results to expected performance to inform annual reporting and stay on track.

Analytics 52

Analytics Key Performance Indicator Finance Sales 52

Smart Data Collective

AUGUST 31, 2023

We mentioned that many people use data analytics to maximize stock market investing returns , but it is also possible to improve the ROI of high yield investment trusts. High Yield Investment Trust ‘s primary objective is to generate a steady income stream for investors and to manage potential risks inherent in higher-yield investments.

ROI 95

ROI Data Analytics Analytics Risk 95

datapine

JANUARY 6, 2022

Before any serious data analysis can begin, the scale of measurement must be decided for the data as this will have a long-term impact on data interpretation ROI. For a more in-depth review of scales of measurement, read our article on data analysis questions. Variables are exclusive and exhaustive.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

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. In addition to that, the risk assessment will not be carried out properly, and you won’t know what pitfalls lie ahead until you’re already knee-deep in the problem.

Digital Transformation 130

Digital Transformation Key Performance Indicator Cost-Benefit KPI 130

Domino Data Lab

MARCH 11, 2021

In this article, we’ll show key considerations for selecting the right machine learning framework for your project and briefly review four popular ML frameworks. H2O is widely used in risk and fraud trend analysis, insurance customer analysis, patient analysis in healthcare, advertising costs and ROI, and customer intelligence.

Machine Learning 143

Machine Learning Deep Learning Insurance Modeling 143

erwin

DECEMBER 20, 2018

Whether implemented as preventative measures (risk management and regulation) or proactive endeavors (value creation and ROI), the benefits of a data governance initiative is becoming more apparent. This article examines this data governance roadblock and others in addition to advice on how to overcome them.

Data Governance 40

Data Governance ROI Risk Management Metadata 40

CDW Research Hub

MAY 29, 2019

Data governance helps organizations manage their information and answer questions about business performance, allowing them to better understand data, and govern it to mitigate compliance risks and empower information stakeholders. Add a projected ROI on solving individual issues.

Data Governance 40

Data Governance Data Quality ROI Metadata 40

Smart Data Collective

DECEMBER 23, 2019

Last year, Harvard Business Review published a great article on the ways that AI are changing contract management. Maybe you’re dissatisfied with how much you spend, or you want to reduce liability risks, or you simply need to make the process more visible so you can have better information guiding future decisions.

Machine Learning 60

Machine Learning Management ROI Risk 60

Jet Global

APRIL 9, 2020

With the increase in technology purchases and interest in technology across all areas of government, you must be able to support your agency with ROI analysis and audit capabilities. Adapting to Policy and Law. Managing change in cash loss by getting payments right.

Finance 98

Finance Reporting ROI Software 98

Smart Data Collective

NOVEMBER 29, 2021

Selecting the right expert is crucial and, in this article, we will give you tips for finding the right partners by using data analytics technology, but first, let’s go back to the event itself and polish your strategy. You can look at successful events and the ROI they brought in for the companies hosting them. Define Your Objectives.

Data Analytics 110

Data Analytics Analytics Big Data B2B 110

FineReport

DECEMBER 11, 2019

The article is interspersed with rich columns and pictures, introduces the basic business principles in a simple way with real cases from many companies and entrepreneurs around the world. This book details the planning and execution of big data strategies, with a number of real-world examples from 10 different industries.

Big Data 98

Big Data Statistics Experimentation Data Strategy 98

Sisense

JUNE 24, 2021

In this article, we’ll dig into the ways organizations’ educational needs have evolved, how AI helps learning and development professionals get more out of their data, and how automation will advance and deepen organizational evolution.

Analytics 83

Analytics Measurement Dashboards Optimization 83

Jet Global

FEBRUARY 18, 2020

I think a lot of business leaders see AI on the cover of a magazine, read a brief article about it, and never really grasp why or how it could benefit the business. At worst it seems like an unproven risk, and at best it seems like a nightmare of vetting partners and picking the right products. How can they leverage their data?

Data-driven 64

Data-driven Machine Learning Cost-Benefit ROI 64

CIO Business Intelligence

AUGUST 9, 2023

Most CEOs (72%) continue to prioritize digital investments, according to the 2022 CEO Outlook report from KPMG, in part due to concerns about emerging and disruptive technology, a top three risk to organizational growth.

Digital Transformation 137

Digital Transformation Strategy Data-driven Consulting 137

Jet Global

JUNE 16, 2020

In addition to providing outsourced CFO and specialized consulting services, Tyee reaches an audience of accounting insiders through his widely-consumed articles, podcasts, and YouTube videos. With the economic turbulence, there’s a risk of seeing a lot of unpaid invoices. Tracking receivables is really important.

Finance 52

Finance Cost-Benefit Metrics Data-driven 52

Sisense

OCTOBER 29, 2021

Lastly, we’ve got a few articles from our Sisense thought leaders in the news you’ll want to dive into for a firsthand look at what industry experts are saying. >>>Embed analytics in your products for a competitive advantage. What’s your ROI for this or that campaign? Instagram and Liquid Media double down on analytics.

Analytics 52

Analytics Testing Predictive Analytics Data-driven 52

FineReport

MAY 9, 2023

This article will tell you more about digital marketing reports. It can also reduce the risk of human error in the reporting process by eliminating the need for manual work. This article will introduce you to the specific indicators that can help you grow your company in greater detail later. And why do we need it?

Reporting 52

Reporting Marketing Advertising Metrics 52

DataRobot Blog

NOVEMBER 9, 2017

I’ve even seen Foxworthy-esque articles informing people that they “might be a fake data scientist if…” Ultimately, none of this is particularly helpful. Reduce customer attrition by identifying at-risk customers with AI. He calls this trend “Machine Washing.”.

Machine Learning 52

Machine Learning Data-driven Software Sales 52

FineReport

MAY 31, 2023

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. Implementing access controls, encryption, and audit trails are essential to mitigate security risks.

Dashboards 52

Dashboards Key Performance Indicator Metrics Visualization 52