Smart Data Collective

JANUARY 21, 2020

While artificial intelligence alone is capable of sifting through humongous data sets for analyzing the relevant ones, AI marketing is slowly but steadily shaping up into a venture that comes with a host of benefits over the conventional ways of promoting a product or service. Benefits of AI Marketing. Machine Learning.

Marketing 97

Marketing Data Processing Machine Learning Insurance 97

CIO Business Intelligence

APRIL 6, 2022

He added: “The strategy around cloud is not ROI on a case-by-case basis. James Cham, a partner at Bloomberg Beta , will offer a venture fund perspective on changes to watch in software development, deriving value from big data, and a view into where AI fits in. Jackson, CEO of GlobalNet and the host of Digital Transformers.

B2B 113

B2B Strategy ROI Digital Transformation 113

IBM Big Data Hub

AUGUST 30, 2023

” In this article, we will cover three ways to run IBM MAS on AWS: MAS SaaS on AWS (powered by ROSA) MAS Dedicated on AWS (powered by ROSA) Customer-hosted (ROSA) 1. With this option, MAS is hosted on dedicated infrastructure exclusively reserved for a single organization, ensuring optimum performance and security managed by IBM.

Data Processing 67

Data Processing Cost-Benefit Internet of Things Enterprise 67

Smart Data Collective

MAY 31, 2023

Big data technology has significantly changed the marketing profession over the last few years. One of the biggest changes brought on by big data has been in the field of social media marketing. Most savvy marketers recognize the importance of using analytics technology to optimize their strategies to get a higher ROI.

Marketing 77

Marketing Data Analytics Analytics Interactive 77

IBM Big Data Hub

OCTOBER 25, 2023

Creating a customized ROI framework In generative AI, ROI calculation methods are not mature or standardized, nor are comparative benchmarks often available. This is evaluated by API usage on public and managed clouds, and by hosting and compute costs on hybrid and private clouds.

Cost-Benefit 83

Cost-Benefit ROI Modeling Testing 83

Smart Data Collective

SEPTEMBER 6, 2020

A growing number of ecommerce platforms have expressed the benefits of data analytics technology and incorporated them into their solutions. How much of a role will big data play in ecommerce? billion on big data by 2025. But how should ecommerce platforms use big data effectively?

B2B 107

B2B Data Analytics Analytics Cost-Benefit 107

Smart Data Collective

MARCH 30, 2022

Those that have a solid strategy predicated on it will have a higher ROI. They can use data on online user engagement to optimize their business models. They are able to utilize Hadoop-based data mining tools to improve their market research capabilities and develop better products. How many plug-ins will I need?

Analytics 114

Analytics Cost-Benefit Testing Dashboards 114

Smart Data Collective

MAY 28, 2019

CPA Practice Advisor wrote a fascinating article on the applicability of big data in the accounting field. The article showed that the increasing supply of data is making it easier for companies to handle many core accounting functions. Big data is playing an important role in everything from auditing to custom service.

Cost-Benefit 77

Cost-Benefit Big Data Data Processing ROI 77

datapine

FEBRUARY 22, 2022

Over the past 5 years, big data and BI became more than just data science buzzwords. Without real-time insight into their data, businesses remain reactive, miss strategic growth opportunities, lose their competitive edge, fail to take advantage of cost savings options, don’t ensure customer satisfaction… the list goes on.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

Cloudera

AUGUST 21, 2020

And next to those legacy ERP, HCM, SCM and CRM systems, that mysterious elephant in the room – that “Big Data” platform running in the data center that is driving much of the company’s analytics and BI – looks like a great potential candidate. . Big Data is an ecosystem as well as a philosophy.

Cost-Benefit 74

Cost-Benefit Big Data ROI Risk 74

Sisense

FEBRUARY 26, 2020

We all know that data is becoming more and more essential for businesses, as the volume of data keeps growing. Dresner reported that nearly 97% of respondents in their Big Data Analytics Market Study consider Big Data to be either important or critical to their businesses.

Digital Transformation 90

Digital Transformation Analytics Cost-Benefit Data-driven 90

datapine

JULY 1, 2020

Moreover, a host of ad hoc analysis or reporting platforms boast integrated online data visualization tools to help enhance the data exploration process. Without big data, you are blind and deaf and in the middle of a freeway.” – Geoffrey Moore. The Benefits Of Ad Hoc Reporting And Analysis. ” – John Dryden.

Reporting 260

Reporting Cost-Benefit Dashboards Visualization 260

datapine

MARCH 15, 2019

At present, 53% of businesses are in the process of adopting big data analytics as part of their core business strategy – and it’s no coincidence. To win on today’s information-rich digital battlefield, turning insight into action is a must, and online data analysis tools are the very vessel for doing so.

Technology 143

Technology Cost-Benefit KPI Dashboards 143

IBM Big Data Hub

AUGUST 16, 2023

Like other IT expenditures, cloud costs can skyrocket and threaten ROI without the right cloud management solutions. PaaS (Platform-as-a-Service) provides on-demand access to a complete, ready-to-use, cloud-hosted platform for developing, running, maintaining and managing applications.

Cost-Benefit 64

Cost-Benefit Data Processing Optimization Software 64

datapine

NOVEMBER 5, 2019

In fact, according to eMarketer, 40% of executives surveyed in a study focused on data-driven marketing, expect to “significantly increase” revenue. Not to worry – we’ll not only explain the link between big data and business performance but also explore real-life performance dashboard examples and explain why you need one (or several).

Dashboards 220

Dashboards Cost-Benefit Sales Metrics 220

datapine

JANUARY 7, 2020

Without big data analytics, companies are blind and deaf, wandering out onto the Web like deer on a freeway. Companies that use data analytics are five times more likely to make faster decisions, based on a survey conducted by Bain & Company. Geoffrey Moore, Author of Crossing the Chasm & Inside the Tornado.

Dashboards 149

Dashboards Reporting KPI Metrics 149

datapine

MAY 31, 2022

Instead of installing software on your own servers, SaaS companies enable you to rent software that’s hosted, this is typically the case for a monthly or yearly subscription fee. In both cases, the return on investment (ROI) is healthy. To start, Software-as-a-Service, or SaaS, is a popular way of accessing and paying for software.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

IBM Big Data Hub

APRIL 18, 2024

According to Andreessen Horowitz (link resides outside IBM.com ) , in 2023, the average spend on foundation model application programming interfaces (APIs), self-hosting and fine-tuning models across surveyed companies reached USD 7 million. A key trend is the adoption of multiple models in production.

Cost-Benefit 90

Cost-Benefit Modeling Manufacturing Interactive 90

datapine

APRIL 22, 2020

“Without big data analytics, companies are blind and deaf, wandering out onto the web like deer on a freeway.” – Geoffrey Moore. And, as a business, if you use your data wisely, you stand to reap great rewards. Data brings a wealth of invaluable insights that could significantly boost the growth and evolution of your business.

Dashboards 189

Dashboards Key Performance Indicator Visualization Cost-Benefit 189

Alation

FEBRUARY 20, 2020

REFLECTIONS FROM THE GARTNER BI & ANALYTICS SUMMIT I hate to admit that the last time I attended the Gartner BI & Analytics Summit, Howard Dresner was still the host. Of course inspiration for data-driven decisions can come in many forms. Not bad for something called a Data Catalog. To Coming Home, Home on the Range.

Scorecard 52

Scorecard ROI Data-driven Visualization 52

datapine

DECEMBER 11, 2019

Security is a distinct advantage of the PaaS model as the vast majority of such developments perform a host of automatic updates on a regular basis. By reviewing every aspect of platform pricing, a host of companies across niches have grown their audience, connecting with a broader demographic of consumers. 6) Micro-SaaS.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

datapine

SEPTEMBER 16, 2022

Previously, we discussed the top 19 big data books you need to read, followed by our rundown of the world’s top business intelligence books as well as our list of the best SQL books for beginners and intermediates. A BI strategy that leverages data visualization will provide an ROI of $13.01 back on every dollar spent.

Visualization 304

Visualization Dashboards Data-driven Statistics 304

datapine

MARCH 27, 2019

By managing customer data the right way, you stand to reap incredible rewards. Download right here your quick summary of the customers’ data world! Customer data management is the key to sustainable commercial success. What Is Customer Data Management (CDM)? The ability to visualize real-time market changes.

Management 129

Management Data-driven Dashboards Visualization 129

datapine

AUGUST 21, 2019

Yes, no sales team is perfect, and you can always get better at any of these areas, but this graph will help you to identify the “low hanging fruit” where you can invest a little bit of effort to get a large ROI. 45% of today’s businesses run at least some of their big data workloads in the cloud.

Sales 235

Sales Dashboards KPI Visualization 235

IBM Big Data Hub

NOVEMBER 13, 2023

Cost savings: Through modernization, organizations can reduce maintenance costs, optimize hosting and better leverage a global workforce, leading to substantial cost savings in the long run. For example, a retail company that has been using a legacy inventory management system for several years is less cost-efficient.

Cost-Benefit 96

Cost-Benefit Digital Transformation Software Strategy 96

datapine

MAY 17, 2021

In the digital age, those who can squeeze every single drop of value from the wealth of data available at their fingertips, discovering fresh insights that foster growth and evolution, will always win on the commercial battlefield. Moreover, 83% of executives have pursued big data projects to gain a competitive edge.

Visualization 161

Visualization Data-driven Business Intelligence Metrics 161

datapine

DECEMBER 17, 2019

But in this digital age, dynamic modern IT reports created with a state-of-the-art online reporting tool are here to help you provide viable answers to a host of burning departmental questions. It is split into four different KPIs: the return on investment (ROI) over a year, expressing the efficiency of IT investments.

Reporting 173

Reporting IT Key Performance Indicator Dashboards 173

datapine

JANUARY 21, 2020

Big data plays a crucial role in online data analysis , business information, and intelligent reporting. Companies must adjust to the ambiguity of data, and act accordingly. As every business needs to seriously consider their expenses and ROI (return on investment), often the costs and savings are hardly measured.

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

IBM Big Data Hub

NOVEMBER 30, 2023

Diversity and inclusion: Analyze data on candidate demographics, hiring outcomes and employee retention to identify opportunities for fostering a more inclusive environment. Virtual events and career fairs: Host virtual career fairs and events using online platforms to connect with a broader pool of candidates and showcase the employer brand.

Strategy 62

Strategy Cost-Benefit Consulting Data-driven 62

AWS Big Data

FEBRUARY 21, 2023

Reliable computing infrastructure – The reliability of the computing infrastructure hosting Spark applications is the foundation of the whole Spark platform. The wrong abstraction over distribution version and computing resources, for example, could significantly reduce the ROI of platform engineering.

Cost-Benefit 55

Cost-Benefit Informatics Optimization Management 55

bridgei2i

APRIL 16, 2021

So welcome to our podcast series Beyond Theory with AI Labs, and I’m your host, Divyansh. So, I remember when I was studying, and there were a lot of buzzwords like big data, Hadoop making the rounds and then came data science. Actually, cost computations might make them unviable and diminish ROI.

Deep Learning 98

Deep Learning Machine Learning Digital Transformation Software 98

Jet Global

MAY 1, 2023

Return on Investment Now we bring it all together to calculate the ROI on embedded analytics. Costs: The investment in developing and maintaining the solution. “-1”: The formula assures that a positive ROI is achieved only when benefits exceed the costs. The formula looks like this: ($750k / $250k) = 3, so the ROI is 200 percent.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52

Domino Data Lab

MAY 8, 2019

Instead, consider a “full stack” tracing from the point of data collection all the way out through inference. At CMU I joined a panel hosted by Zachary Lipton where someone in the audience asked a question about machine learning model interpretation. Having more data is generally better; however, there are subtle nuances.

Machine Learning 105

Machine Learning Data Science Modeling Visualization 105

Insight

MARCH 29, 2019

To get some answers, Insight’s NYC office hosted a discussion focused on the many paths of growth available to today’s data scientists. A manager has to advocate and educate” others at the company about what data science can and can’t (or shouldn’t) do.

Data Science 73

Data Science Management ROI Data Processing 73

Andrew White

JANUARY 11, 2021

On January 4th I had the pleasure of hosting a webinar. It was titled, The Gartner 2021 Leadership Vision for Data & Analytics Leaders. This was for the Chief Data Officer, or head of data and analytics. But for them, big data evolved into all data and all formats. Data management.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Occam's Razor

MAY 2, 2017

The very best analysts are know what matter’s the most are not the insights from big data but clear actions and compelling business impact from usually a smaller subset of key data. Hence, we use custom variables to track logged in status and we can analyze a whole host of valuable behavior and optimize our investments.

Metrics 141

Metrics Key Performance Indicator B2B Measurement 141