IBM Big Data Hub

JUNE 20, 2023

Here’s what you need to know in order to build a successful strategy. We’ll go deeper into EAMs, the technologies underpinning them and their implications for asset lifecycle management strategy in another section. What is an asset? First, let’s talk about what an asset is and why they are so important.

Strategy 79

Strategy Management Cost-Benefit IoT 79

Occam's Razor

JULY 6, 2015

Over the last year, I've also worked with many companies to drive new and rapid innovation in their digital strategies using the framework. In this blog post I want to share two strategic clarifications/extensions of my thinking about the See-Think-Do-Care framework. There is a ton of pressure to show ROI, in 24 hours (!!).

Measurement 158

Measurement Marketing Metrics Strategy 158

datapine

SEPTEMBER 29, 2022

5) How Do You Measure Data Quality? There are a lot of strategies that you can use to improve the quality of your information. More generally, low-quality data can impact productivity, bottom line, and overall ROI. No, its ultimate goal is to increase return on investment (ROI) for those business segments that depend upon data.

Data Quality 241

Data Quality Metrics Data-driven Management 241

IBM Big Data Hub

MARCH 4, 2024

While many organizations have implemented AI, the need to keep a competitive edge and foster business growth demands new approaches: simultaneously evolving AI strategies, showcasing their value, enhancing risk postures and adopting new engineering capabilities. times higher ROI. times higher ROI.

Enterprise 108

Enterprise ROI Risk Strategy 108

Occam's Razor

SEPTEMBER 24, 2012

A Facebook employee (FBe) gave a talk about measuring ROI/Value of Facebook campaigns. FBe's recommendation was (paraphrasing a 35 min talk): Don't invent new metrics, use online versions of Reach and GRPs to measure success. This blog post is about the above recommendations, and their merit. Gets more Likes.

Advertising 165

Advertising ROI Metrics Marketing 165

CIO Business Intelligence

MARCH 3, 2024

One component of corporate IT that has long been ‘in range’ for cyber criminals that is often overlooked when protection measures are being put in place are multifunction printers – widely used in almost every organisation. Fortunately, there are tools available to deal with the specific security challenges presented by printers.

IT 109

IT Measurement Risk Testing 109

datapine

FEBRUARY 3, 2022

Essentially, Key Performance Indicators or KPIs measure performance or progress based on specific business goals and objectives. Companies usually visualize these measurements together with the help of interactive KPI reports. While they are both quantitative measurements, they are used for different purposes. What Are KPIs?

Metrics 189

Metrics KPI Key Performance Indicator Sales 189

Cloudera

SEPTEMBER 19, 2023

The CDO is the point person for your data strategy: the leader who oversees how data is collected, managed, and put to use to improve the organization; the person who ensures that wherever there are opportunities to monetize data, those opportunities aren’t being squandered. Data strategy begins and ends with business value.

IT 78

IT Data Strategy ROI Data-driven 78

bridgei2i

JUNE 23, 2021

4 Key Elements of Enterprise AI Strategy. However, due to a lack of foundation to embed AI capabilities, companies cannot successfully leverage AI into their data and operational strategy. An effective Enterprise AI strategy should include the following aspects: Understanding AI Journey. Strong Data-Driven Culture. Compliance.

Strategy 52

Strategy Enterprise Key Performance Indicator ROI 52

IBM Big Data Hub

JANUARY 15, 2024

BoB-Cardif Life regards digitalization as a technological innovation and elevates it to the level of strategy and values with foresight and responsibility. With this technology, businesses can make faster, more informed process improvement decisions, which can be expected to reduce processing time by 70% and achieve ROI of up to 176%.

Digital Transformation 76

Digital Transformation Insurance Optimization ROI 76

datapine

JULY 26, 2022

Small business metrics are performance measurements that provide insights into the progress of different activities and company goals. In the long run, this will not only make your business more successful but also save you time and money on repairing issues or rethinking strategies. Marketing ROI. Let’s look at some KPIs.

Dashboards 151

Dashboards KPI Metrics Sales 151

DataKitchen

MARCH 16, 2023

How to measure your data analytics team? Under Velocity, the Mean Time to Deliver Data metric measures the time it takes to deliver data. The Data Change Request Ratio metric measures the rate of business demand for data. The Mean Time to Recovery metric measures how quickly defects can be resolved. Introduction.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

datapine

MAY 21, 2019

Armed with BI-based prowess, these organizations are a testament to the benefits of using online data analysis to enhance your organization’s processes and strategies. 1) Too expensive and hard to justify the ROI of BI. They also need these tools to generate a true ROI. 4) Businesses aren’t measuring the right indicators.

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards ROI 183

datapine

JANUARY 24, 2021

It is not just important to gather all the existing information, but to consider the preparation of data and utilize it in the proper way, has become an indispensable value in developing a successful business strategy. For example, you need to develop a sales strategy and increase revenue. Giving the most ROI? Driving revenue?

IT 317

IT Statistics KPI Data-driven 317

IBM Big Data Hub

APRIL 25, 2023

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. However, 57% of CEOs admit that defining and measuring the Return on Investment (ROI) and economic benefits of their sustainability efforts remain a significant challenge.

Risk Management 88

Risk Management Risk Management Metrics 88

IBM Big Data Hub

APRIL 23, 2024

This blog outlines five steps to support the seamless integration of organizational change management. Personas are the drivers of successful implementation of a change management strategy. Throughout this blog, we use this example to better explain each step of implementing change management.

Management 66

Management Technology Digital Transformation ROI 66

IBM Big Data Hub

SEPTEMBER 6, 2023

AI used for content generation can save marketing teams time and money by creating blogs, marketing messages, copywriting materials, emails, subject lines, subtitles for videos, website copy and many other kinds of content aimed at a target audience. AI can help marketers create and optimize content to meet the new standards.

Marketing 87

Marketing Technology Advertising ROI 87

datapine

JANUARY 6, 2022

Yet, before any serious data interpretation inquiry can begin, it should be understood that visual presentations of data findings are irrelevant unless a sound decision is made regarding scales of measurement. Interval: a measurement scale where data is grouped into categories with orderly and equal distances between the categories.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

Smarten

MAY 5, 2023

Embedded BI Goes Beyond Technology ROI to Improve Clarity, Agility and Productivity! If your organization hasn’t considered Embedded Business Intelligence (BI), it may be time for you to acknowledge the benefits and begin the process of integrating Embedded BI into your technology and business process strategy.

ROI 67

ROI Cost-Benefit Software Reporting 67

datapine

JULY 6, 2022

2) How To Measure Productivity? For years, businesses have experimented and narrowed down the most effective measurements for productivity. Use our 14-day free trial and start measuring your productivity today! In shorter words, productivity is the effectiveness of output; metrics are methods of measurement.

Measurement 243

Measurement Metrics KPI Sales 243

datapine

JUNE 7, 2022

From political issues to sports statistics and the recent report you received on the ROI of your company blog, the internet as well as informational reports are flooded with examples of misleading data visualization. If you want to go deeper into the topic, take a look at our misleading statistics blog post.

Visualization 267

Visualization Metrics Statistics Dashboards 267

IBM Big Data Hub

JUNE 29, 2023

This is why asset reliability is such a critical component of business strategy. First, availability measures the operational capacity of an asset over time. Preventive and predictive maintenance Both preventive and predictive maintenance are maintenance strategies used by business leaders to increase asset reliability.

Cost-Benefit 88

Cost-Benefit Measurement Management Predictive Analytics 88

IBM Big Data Hub

JULY 5, 2023

Cloud cost optimization combines strategies, techniques, best practices and tools to help reduce cloud costs, find the most cost-effective way to run your applications in the cloud environment, and maximize business value. Here are some general strategies to use: Take advantage of reserved instances (RIS).

Optimization 72

Optimization Forecasting ROI Metrics 72

Occam's Razor

SEPTEMBER 29, 2009

One of the ultimate excuses for not measuring impact of Marketing campaigns is: "Oh, that's just a branding campaign." It is criminal not to measure your direct response campaigns online. I also believe that a massively under appreciated opportunity exists to truly measure impact of branding campaigns online.

Measurement 128

Measurement Metrics Analytics Marketing 128

IBM Big Data Hub

OCTOBER 18, 2022

Nearly all CEOs say they’re at least taking their first steps in piloting their sustainability strategy. CEOs identify a range of challenges both within and beyond their organizations, and only a quarter report active implementation of their sustainability strategy across their entire enterprise. A rising tide lifts all boats.

Uncertainty 52

Uncertainty Strategy Measurement ROI 52

Cloudera

NOVEMBER 16, 2020

Fraud is one of the use cases where technology has made a huge, measurable difference: focusing on fraud detection and prevention, Emerj reports insurers have seen ROIs of up to 400% on their investments in fraud technology. . The post Combating Fraud in Insurance with Data appeared first on Cloudera Blog.

Insurance 101

Insurance ROI Marketing Machine Learning 101

Smart Data Collective

JANUARY 27, 2022

Research has shown that companies with big data strategies are 19 times more likely to become profitable. Unfortunately, some businesses have made poor decisions when instituting a data strategy. They have heard that big data can be useful, so they invest in it without much consideration for their ROI.

Optimization 106

Optimization IT Big Data Cost-Benefit 106

Alation

NOVEMBER 4, 2022

Perhaps you want to boost your ROI or CAGR, or reduce the time your analysts spend accessing and leveraging data. Yet other goals seem a little aspirational and harder to quantify, but that doesn’t mean they’re not measurable — or achievable. Rumelt ‘ Good Strategy Bad Strategy: The Difference and Why It Matters ’.

Digital Transformation 52

Digital Transformation Cost-Benefit Insurance Machine Learning 52

Alation

JANUARY 10, 2023

Starting a data strategy journey. Generally, an organization’s data activities are defined by their data strategy, namely, whether they pursue a more offensive or defensive focus. So, the true value of a data catalog is difficult to quantify because there are many use cases that can’t be measured.

ROI 52

ROI Data Lake Strategy Data-driven 52

Sisense

JUNE 22, 2021

Your customers interact with multiple campaigns: They start with a TV ad, see a Facebook ad, see a Google Ad two days later, discover an SEO-driven blog article, and finally click on an email discount offer to make a purchase. The problem for marketers is how much weight to attribute to each channel to determine budget allocation and ROI.

Data-driven 52

Data-driven Sales Marketing Key Performance Indicator 52

datapine

OCTOBER 17, 2019

In this blog post, we’re going to give a bit of background and context about management reports, and then we’re going to outline 10 essential best practices you can use to make sure your reports are effective. You can compare it to your competitors to focus or realign your strategy. She doesn’t care about email signups or page visits.

Reporting 263

Reporting Management Dashboards KPI 263

Cloudera

JANUARY 29, 2021

This conundrum is a major challenge that the Manufacturing industry wrestles with everyday that limits meaningful ROI, scalability, or success and it’s due to the challenges and approaches Manufacturing and Industrial companies are taking when approaching Industry 4.0. Lack of Clear ROI . Clearly Industry 4.0 Ongoing Talent Challenges.

Internet of Things 54

Internet of Things Manufacturing ROI Machine Learning 54

Smart Data Collective

JUNE 14, 2022

Use Data Analytics to Optimize Your Social Media Strategy. While social media marketing can be very beneficial, it won’t have a good ROI if you aren’t making informed decisions when creating content and optimizing your profiles. add a blog to your website and fill it with multiple blogs between 500 and 1000 words.

Big Data 106

Big Data Data mining Metrics Sales 106

datapine

MARCH 27, 2019

Centered on leveraging consumer insights to improve your strategies and communications by using a highly data-driven process can also be referred to as Customer Intelligence (CI). Improving the ROI of your promotional and marketing activities. Developing more relatable, sustainable customer-driven business strategies.

Management 129

Management Data-driven Dashboards Visualization 129

datapine

AUGUST 21, 2019

Download our free executive summary and boost your sales strategy! Download our free executive summary and boost your sales strategy! Download our free executive summary and boost your sales strategy! He gets up and walks out, as you sit there digesting this quote. Exclusive Bonus Content: Not sure which graph and chart to use?

Sales 235

Sales Dashboards KPI Visualization 235

datapine

JULY 3, 2019

In a hyper-connected digital world driven by data, there has never been a better time for businesses to gather meaningful insights on their target prospects, in addition to measuring ongoing levels of commercial growth and performance. Social media KPIs are values that measure the performance of social media marketing (SMM) campaigns.

Metrics 219

Metrics KPI Strategy ROI 219

DataRobot Blog

AUGUST 16, 2022

If you’ve been keeping up with business literature lately, you know that adopting artificial intelligence (AI) strategies can increase company revenue, improve efficiency, and keep customers happy. Organizations need to clearly communicate the ROI of ML models because employee resistance and fear may create barriers to progress.

ROI 52

ROI Digital Transformation Testing Modeling 52