datapine

MARCH 8, 2021

Rapid technological evolution means it’s now possible to use accessible and intuitive data-driven tools to our advantage. We’ve delved into the impact of big data in healthcare. Explore our 14-day free trial & benefit from great healthcare reports! Your Chance: Want to test a healthcare reporting software for free?

Reporting 198

Reporting KPI Management Cost-Benefit 198

CIO Business Intelligence

JANUARY 16, 2023

Choice Hotels International’s early and big bet on the cloud has allowed it to glean the many benefits of its digital transformation and devote more energies to a key corporate value — sustainability, its CIO maintains. It also helped reduce energy consumption and costs.

Cost-Benefit 144

Cost-Benefit Digital Transformation Data Warehouse Data-driven 144

Smart Data Collective

APRIL 13, 2020

Big data is crucial for any organization that wants to attract and retain customers. A study by McKinsey Global Institute found that data-driven companies are 400% more likely to retain customers and 2,200% more likely to acquire new ones. Fewer experts have emphasized the significance of big data. It is inevitable.

Data Collection 141

Data Collection Big Data Cost-Benefit Strategy 141

IBM Big Data Hub

MAY 14, 2024

Despite the headwinds, there are tailwinds in which we can use new technology to enable CFOs to perform in their business partnering roles and drive productivity, cost take out, accuracy, control and business value. There are benefits to being a consumer of AI but far greater benefits for being a value creator.

Finance 71

Finance Cost-Benefit Reporting Forecasting 71

IBM Big Data Hub

APRIL 25, 2024

This blog outlines some BPR examples that benefit from a BPM methodology. The methodology gained prominence with the publication of a 1990 article in the Harvard Business Review, “Reengineering Work: Don’t Automate, Obliterate,” by Michael Hammer, and the 1993 book by Hammer and James Champy, Reengineering the Corporation.

Cost-Benefit 60

Cost-Benefit Finance Optimization Key Performance Indicator 60

IBM Big Data Hub

JUNE 23, 2023

Insurers are also struggling with high, mostly fixed costs and the complexities of maintaining legacy systems, which makes current variable cost-based alternatives more attractive. Insurers want to shift from fixed to variable, “pay-as-you-go” operating costs.

Insurance 59

Insurance Cost-Benefit Digital Transformation Marketing 59

FineReport

MAY 18, 2024

Data visualization techniques are paramount in today’s data-driven world. Mastering data visualization techniques is not just a skill but a necessity for professionals across various industries. Increased Efficiency : Visualizing data streamlines processes by highlighting key points efficiently.

Visualization 52

Visualization Interactive Cost-Benefit Dashboards 52

Smart Data Collective

MARCH 23, 2023

AI technology offers a number of major benefits of small businesses and freelancers. However, one of the other benefits of AI is that it can help with your taxes! Advanced AI algorithms can reduce costs, save time, and improve ROI. Maintain accurate books for your business income and expense transactions.

Cost-Benefit 79

Cost-Benefit Insurance Advertising Consulting 79

Smart Data Collective

FEBRUARY 28, 2022

We are all in awe of the changes that big data has created for almost every industry. The implications of big data is more obvious in some industries than others. For example, we can all appreciate the tremendous changes that data science has created for the financial industry, healthcare and web design.

Big Data 98

Big Data Marketing Strategy Data-driven 98

O'Reilly on Data

APRIL 22, 2020

Compliance functions are powerful because legal violations result in clear financial costs. The European Union’s General Data Protection Regulation (GDPR), for instance, imposes fines of up to 2%–4% of global annual revenue. The era in which fines were merely a cost of doing business appears to be ending. Don’t do it.

Cost-Benefit 249

Cost-Benefit Finance Strategy Data-driven 249

Jen Stirrup

AUGUST 18, 2023

AI can optimize drilling and production processes by analyzing enormous amounts of data at speed, such as seismic data, well logs, and reservoir simulation data. From a cost perspective, AI keeps reducing downtime. This approach impacts areas crucial to reducing wastage and, crucially, reducing the carbon footprint.

Optimization 96

Optimization Cost-Benefit IoT Data-driven 96

Smart Data Collective

JULY 4, 2023

AI models can detect an increase in mentions or events within specific domains and compare them to related data points. What is AI-driven disaster restoration software? Tools like Selenium can help automate many of these tasks with the benefits of AI. Fortunately, AI technology can help mitigate some of these issues.

Technology 74

Technology Software Data-driven Measurement 74

Smart Data Collective

SEPTEMBER 22, 2021

Data engineers and data scientists are focused on developing new applications to meet their goals. There are a lot of great software applications that can be used for a variety of data science objectives. Unfortunately, developing software that was capable of handling big data challenges has been rather complex.

Big Data 111

Big Data Software Data Science Data-driven 111

Smart Data Collective

APRIL 20, 2023

Are you interested in a career in big data? As we said before, there are many careers you can go into with a degree in data science. The BLS reports that there are 113,000 data scientists in the country. Education & Teaching You can use big data technology to help improve the field of academia.

Big Data 99

Big Data Cost-Benefit Data Science Data-driven 99

erwin

SEPTEMBER 12, 2019

Strong internal business process modeling and management helps data-driven organizations compete and lead. In the book “Exponential Organizations” by Salim Ismail, Michael S. The complexity of modern data-driven organizations requires processes to work in tandem to create and sustain value.

Modeling 101

Modeling Cost-Benefit Data-driven Data Governance 101

CIO Business Intelligence

MARCH 14, 2022

Decisions are often made under some degree of uncertainty; 100% certainty is generally impossible, not necessary, and can be prohibitively expensive in terms of cost or time. So, it follows that there’s an optimal level of data where collecting further information won’t be worth the added cost. I call this point data saturation.

Uncertainty 100

Uncertainty Measurement Cost-Benefit Optimization 100

CIO Business Intelligence

NOVEMBER 23, 2022

The process is driven by a “comprehensive picture of an entire enterprise from the perspectives of owner, designer, and builder,” according to the EABOK. Bizzdesigns asked respondents what IT benefits their EA program currently delivers and the top response was improved IT investment decisions.

Enterprise 128

Enterprise Cost-Benefit Digital Transformation Strategy 128

datapine

APRIL 14, 2022

“You can have data without information, but you cannot have information without data.” – Daniel Keys Moran. When you think of big data, you usually think of applications related to banking, healthcare analytics , or manufacturing. However, the usage of data analytics isn’t limited to only these fields. Discover 10.

Big Data 244

Big Data Recreation/Entertainment Analytics Data-driven 244

erwin

JUNE 26, 2020

If you’re serious about a data-driven strategy , you’re going to need a data catalog. Organizations need a data catalog because it enables them to create a seamless way for employees to access and consume data and business assets in an organized manner. Three Types of Metadata in a Data Catalog.

Metadata 132

Metadata Cost-Benefit Measurement Data-driven 132

FineReport

JUNE 19, 2023

Operational reports have the potential to greatly enhance business performance through the utilization of data-driven insights. These reports offer a structured and comprehensible representation of data, enabling a clearer understanding of complex issues that might otherwise remain elusive. Why Are Operational Reports Important?

Operational Reporting 52

Operational Reporting Reporting Key Performance Indicator Dashboards 52

Smart Data Collective

JUNE 15, 2022

One of the secrets to attracting and retaining customers is to become more data-centric. 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 this article, we will talk about nine ways location data can help you excel in retail.

Advertising 97

Advertising Cost-Benefit ROI Sales 97

datapine

MARCH 31, 2022

Does data excite, inspire, or even amaze you? Despite these findings, the undeniable value of intelligence for business, and the incredible demand for BI skills, there is a severe shortage of BI-based data professionals – with a shortfall of 1.5 2) Top 10 Necessary BI Skills. 3) What Are the First Steps To Getting Started?

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

Smart Data Collective

APRIL 23, 2021

They needed to go through a lot of guesswork in deciphering the meaning of data. The data-driven insights about the target audience could only become possible thanks to advanced data analytics and artificial intelligence. Just think of the era when artificial intelligence was not available to marketers.

Marketing 87

Marketing Data-driven Sales Cost-Benefit 87

IBM Big Data Hub

JULY 27, 2023

It offers a holistic view, providing critical data about asset condition, location and efficiency. Sensors attached to assets can now gather asset data in real-time, and AI algorithms can analyze the data to predict potential equipment failures. equipment, machinery and infrastructure).

Cost-Benefit 58

Cost-Benefit IoT Internet of Things Enterprise 58

datapine

MARCH 27, 2019

We’re living in the midst of the age of information, a time when online data analysis can determine the direction and cement the success of a business or a startup that decides to dig deeper into consumer behavior insights. By managing customer data the right way, you stand to reap incredible rewards.

Management 129

Management Data-driven Dashboards Visualization 129

IBM Big Data Hub

JUNE 28, 2023

In his book Rest: Why You Get More Done When You Work Less , Silicon Valley consultant Alex Soojung-Kim Pang describes taking a working sabbatical where he got an enormous amount done but also experienced it as an extremely leisurely time. Slow productivity benefits businesses, as well. businesses alone $1.8 trillion USD every year.

Cost-Benefit 83

Cost-Benefit Consulting Management Data-driven 83

CIO Business Intelligence

OCTOBER 23, 2023

Jain says that starts by understanding the definition of “customer,” which Jain defines as “anybody who benefits from your services and products.” As such, budget allocations for IT operations are becoming a smaller percentage of overall IT spending, while funds for business-driven IT innovation have gone up.

IT 137

IT Consulting Scorecard Key Performance Indicator 137

IBM Big Data Hub

JULY 25, 2023

A smart grid is a digital electricity network that supplies power to consumers using interactive two-way communication, enabling automated, advanced energy delivery and a litany of opportunities for consumers to control their electricity use and costs. Software and analytics: Smart grids generate massive amounts of data.

Optimization 58

Optimization Technology Measurement Cost-Benefit 58

O'Reilly on Data

OCTOBER 22, 2020

Understanding the company’s true purpose unlocks the business model and sheds light on what is useful to do with the data. Since I work in the AI space, people sometimes have a preconceived notion that I’ll only talk about data and models. How did you obtain your training data? Source: Shane.

Consulting 296

Consulting Risk Cost-Benefit Modeling 296

IBM Big Data Hub

JULY 26, 2023

Digital twin technology, an advancement stemming from the Industrial Internet of Things (IIoT), is reshaping the oil and gas landscape by helping providers streamline asset management, optimize performance and reduce operating costs and unplanned downtime. What is a digital twin?

Technology 55

Technology Cost-Benefit Optimization Internet of Things 55

Smart Data Collective

OCTOBER 12, 2021

You will be able to become a data scientist, data-driven marketing consultant, information systems experts using big data or a variety of other technology focused jobs. There is no secret that analytics and big data are becoming more important in video game development. An hour can cost about $15 to over $90.

Analytics 99

Analytics Recreation/Entertainment Data-driven Sales 99

CIO Business Intelligence

APRIL 30, 2024

They manage networking with other professional development activities such as attending conferences, reading leadership books, and participating in social media. Some people are happy at big companies and the benefits that go with it. John Patrick Luethe, managing partner at Redapt, recommends defining your target markets.

IT 88

IT Technology Advertising Marketing 88

IBM Big Data Hub

JULY 10, 2023

Gather preliminary data To conduct a vibration analysis, start by gathering data about the equipment and/or structure you will analyze. Analyze the data Once you’ve collected all the relevant data, it’s time to analyze it. Technicians can extract and assess data (e.g.,

Optimization 57

Optimization IT Measurement Cost-Benefit 57

FineReport

JUNE 7, 2023

Moreover, the implementation of an effective Project Management Dashboard facilitates data-driven decision-making and sustainable business success. This, in turn, saves numerous working hours and ultimately reduces costs, all made possible through modern solutions.

Dashboards 52

Dashboards Management Visualization Cost-Benefit 52

CIO Business Intelligence

SEPTEMBER 11, 2023

When it comes to fostering digital literacy in the C-suite, Michael Seals literally wrote the book. Digital-first and data/AI are the two key pillars of TIAA’s business strategy and a core part of its broad tech transformation. At his company, anyway. Rizwan, CIO of Z2C Ltd.,

Digital Transformation 135

Digital Transformation ROI Strategy Technology 135

Smart Data Collective

MAY 30, 2019

Big data is changing the direction of customer service. They rely on big data to better serve customers. Namee Jani wrote a fascinating article on chatbots and data analytics last year. She said they are the next big thing in business optimization in her article on Towards Data Science. We made some impressive deductions.

Big Data 79

Big Data Machine Learning Insurance Cost-Benefit 79

Sisense

JANUARY 26, 2020

In Moving Parts , we explore the unique data and analytics challenges manufacturing companies face every day. It requires a skilled data team, advanced tools, and enormous amounts of clean data from the right combination of inputs. The process of producing goods is an enormous opportunity for data optimization.

Predictive Analytics 78

Predictive Analytics Manufacturing Analytics Forecasting 78