Smart Data Collective

DECEMBER 17, 2021

Introduction: What is Business Intelligence? Business Intelligence is the collection, storage, analysis, and reporting of data to make better business decisions. ” Many companies realize the power of BI to improve their business results. It can refer to predictive analytics or even “big data.”

Business Intelligence 93

Business Intelligence Cost-Benefit Dashboards Interactive 93

FineReport

JULY 29, 2021

Living in a digital era, foresighted enterprises resort to business intelligence to improve their competitiveness. Among amounts of intelligent choices, business intelligence(BI) dashboard software is an awesome one. Benefits of BI dashboard software . Cost analysis (by FineReport). Advantages.

Business Intelligence 98

Business Intelligence Dashboards Software Cost-Benefit 98

Smart Data Collective

NOVEMBER 24, 2020

As the use of intelligence technologies is staggering, knowing the latest trends in business intelligence is a must. The market for business intelligence services is expected to reach $33.5 top 5 key platforms that control the future of business intelligence impacts BI may have on your business in the future.

Business Intelligence 130

Business Intelligence Visualization Dashboards Prescriptive Analytics 130

CIO Business Intelligence

MAY 30, 2024

To achieve that, we needed a cost-effective solution that could streamline workflows, provide a robust view of procurement processes in real-time, identify rogue spending, and enable us to audit all agencies by the Dec. 2 behind driving business innovation as CIOs’ most anticipated focus beginning next year. 31 deadline.”

IT 137

IT Cost-Benefit Key Performance Indicator Dashboards 137

CIO Business Intelligence

MAY 21, 2024

Along with code-generating copilots and text-to-image generators, which leverage a combination of LLMs and diffusion processing, LLMs are at the core of most generative AI experimentation in business today. And the benefits of MakeShift’s use of AI are beginning to multiply. It’s fabulous.”

IT 126

IT Cost-Benefit Experimentation Forecasting 126

CIO Business Intelligence

JUNE 6, 2024

When it’s done well, every choice is calculated, made mindfully of both its short- and long-run impacts, and of the delicate balance in which it must hold certain key variables — cost, productivity, digital maturity, and the potential to build capabilities that last. Of the latter, 70% to 80% were supplied by strategic partners. “In

Strategy 77

Strategy IT Cost-Benefit Digital Transformation 77

CIO Business Intelligence

MAY 8, 2024

For Expion Health, a cumbersome manual process to determine what rates to quote to potential new customers had become a cap on the healthcare cost management firm’s ability to grow its business. ExpionIQ Advisor has cut the time to calculate the numbers needed for an RFP to a few hours, instead of days, Kumar says.

IT 96

IT Insurance Cost-Benefit Unstructured Data 96

CIO Business Intelligence

MAY 24, 2024

This was one area addressed in the HP-sponsored IDC whitepaper on the benefits of integrating managed device services, published in April 2024 [1]. Growing interest in meeting corporate sustainability goals has reframed how organizations think about IT asset usage, life-cycles, and end-of-life disposal practices.

Management 93

Management IT Cost-Benefit Metrics 93

CIO Business Intelligence

MAY 22, 2024

Difficulties estimating or demonstrating the value of AI technologies to the business have been or will be a top barrier to their implementation, according to a recent Gartner survey of more than 700 IT leaders at organizations that have adopted or plan to adopt AI. Nearly half of respondents pointed to challenges with showing its value.

ROI 143

ROI IT Measurement Cost-Benefit 143

CIO Business Intelligence

NOVEMBER 14, 2023

“Today we face the harsh reality of cloud costs, if not done right,” says Jay Upchurch, executive vice president and CIO at SAS. It’s important to understand your destination and focus on achieving that business value before you jump in.” Cloud costs will often — and rapidly — become large line items on budgets.

Strategy 143

Strategy Cost-Benefit IT Key Performance Indicator 143

Smart Data Collective

NOVEMBER 24, 2020

In response to the global Coronavirus pandemic, businesses are adopting a series of new, innovative digital technologies. Business intelligence is emerging as a new point of differentiation to help them stand out amongst their competitors. Business intelligence has changed the nature of company engagement in countless ways.

Business Intelligence 114

Business Intelligence Big Data Forecasting Cost-Benefit 114

Smart Data Collective

FEBRUARY 23, 2021

Business intelligence is becoming a central aspect of almost every major organization’s business model. Companies around the world are projected to spend $33 billion on business intelligence by 2025. Gamification is one trend that is transforming the arena of business intelligence.

Business Intelligence 81

Business Intelligence Cost-Benefit Strategy Measurement 81

CIO Business Intelligence

JUNE 6, 2024

Naturally, genAI gained significant traction, but businesses that want to harness the true value of AI will need to dig deeper and cut through the clutter. When used well, genAI has the potential to deliver meaningful societal impact and at the same time transform businesses towards more purpose-driven objectives.

Cost-Benefit 68

Cost-Benefit IT Data-driven Digital Transformation 68

BizAcuity

MAY 16, 2022

Fast food companies like Domino’s, McDonald’s and KFC collect massive amounts of data which includes customer data and other key business metrics for their own operations. Not any student but a rank holder in mathematics and chemistry who was tasked with assessing the quality of their brew in a cost effective manner.

Business Intelligence 52

Business Intelligence Data mining Visualization Data Lake 52

CIO Business Intelligence

MAY 29, 2024

Sure, technology costs money, and your margins are slim. But there’s a cost to being left behind. IBM’s global survey found that few AI investments are delivering on the financial promise that stakeholders expect, at just 5.9% — well below the typical 10% cost of capital. Are your customers starting to notice?

Management 87

Management ROI IT Cost-Benefit 87

CIO Business Intelligence

APRIL 25, 2024

Here, it was believed an LLM would help, as an oft-touted benefit of LLMs is their speed, enabling them to complete complex steps rapidly. Cost considerations One aspect that Bottaro dubbed “a hurdle” was the cost. Again, cost can mean different things in different phases of a project, as LinkedIn’s experience shows. “The

IT 137

IT Experimentation Cost-Benefit Metrics 137

Smarten

MARCH 6, 2022

To do that, the business must build a foundation of business processes, policies, technology and software that will support goals and objectives and make it easier, more timely and more efficient to perform tasks and complete activities. So, how does one improve ROI and TCO for business intelligence and augmented analytics?

Business Intelligence 76

Business Intelligence ROI Analytics Digital Transformation 76

Smart Data Collective

JANUARY 29, 2021

Whether you are an entrepreneur or you own an established business, you should constantly be on the lookout for opportunities to save money and time, while still providing value. There are several ways in which businesses can reduce their business expenses. Businesses can use smart data for a range of other purposes too.

Cost-Benefit 87

Cost-Benefit Data-driven Big Data Forecasting 87

Smarten

FEBRUARY 8, 2023

The Smarten team helped the client in establishing a corporate Business Intelligence system rather than merely setting up a Business Intelligence tool for reporting. Ready-to-use sales templates, low cost of acquisition, short rollout time, and less training needs added to lower TCO.

Business Intelligence 52

Business Intelligence Manufacturing Sales Cost-Benefit 52

BA Learnings

JANUARY 11, 2019

In order to keep your business competitive, drive growth, ensure continuous improvement and enhance profits, a Business Intelligence (BI) strategy is essential. Like any part of your business, BI requires strategy, planning, buy-in, execution and continuous review. Let’s look at how to do it.

Business Intelligence 100

Business Intelligence Strategy Key Performance Indicator Cost-Benefit 100

FineReport

JULY 26, 2021

Today, almost all businesses are investing more on business intelligence (BI). What is business intelligence strategy? A business intelligence strategy is a framework that enables enterprises to use right BI tools to analyze the right data and then report to the right people to aid making right decisions.

Business Intelligence 52

Business Intelligence Strategy Cost-Benefit Data-driven 52

FineReport

JULY 26, 2021

Today, almost all businesses are investing more on business intelligence (BI). What is business intelligence strategy? A business intelligence strategy is a framework that enables enterprises to use right BI tools to analyze the right data and then report to the right people to aid making right decisions.

Business Intelligence 52

Business Intelligence Strategy Cost-Benefit Data-driven 52

CIO Business Intelligence

JANUARY 2, 2024

Build better business alignment Multiple CIOs plan to strengthen their ties to other functional areas in ’24, building on the work they’ve done in recent years to create even more synergy. To ensure results, some CIOs say they’re creating teams that can easily pivot as business needs change. We’re piloting, PoC-ing.

IT 144

IT Cost-Benefit Statistics Consulting 144

FineReport

APRIL 11, 2023

In today’s fast-paced business environment, making informed decisions based on accurate and up-to-date information is crucial for achieving success. With the advent of Business Intelligence Dashboard (BI Dashboard), access to information is no longer limited to IT departments.

Dashboards 40

Dashboards Business Intelligence Cost-Benefit Metrics 40

CIO Business Intelligence

MARCH 25, 2024

This article explores how CIOs can address each of their CFO’s key concerns when moving away from project-based teams to persistent funding, including the need to better track ROI, reduce risk, and reduce cost. The persistent teams used a benefits delivery roadmap, which outlined the SMART benefits to be delivered throughout the year.

Modeling 119

Modeling Cost-Benefit IT ROI 119

CIO Business Intelligence

FEBRUARY 5, 2024

How did these changes help improve your business performance last year? Our primary goal has always been to innovate in ways that directly benefit our clients, ensuring that our products and processes, particularly in technology, are tailored to meet their evolving needs and daily demands.

IT 116

IT Digital Transformation Cost-Benefit Technology 116

CIO Business Intelligence

DECEMBER 5, 2023

IT leaders have always needed to exercise fiscal responsibility while meeting business demands for technology. Today’s CIO is not just a technology leader, but a business executive. Today’s CIO is not just a technology leader, but a business executive. Each dollar of operational cost reduction drips directly to the bottom line.”

IT 136

IT Cost-Benefit ROI Digital Transformation 136

CIO Business Intelligence

OCTOBER 17, 2023

AWS also builds its own low-cost AI chips ( Inferentia and Trainium ) in limited volumes; the company is using the chips internally to power its gen AI capabilities, and it is making the chips available to customers. The gen AI gold rush — with little clarity on cost “It’s the year of AI,” declares Forrester Research.

Marketing 144

Marketing IT Cost-Benefit Enterprise 144

Jen Stirrup

AUGUST 14, 2019

Technical debt is the implied cost of additional rework caused by choosing an easy (limited) solution now instead of using a better approach that would take longer. It also applies to data debt; the cost of ignoring the data by choosing the quick or easy solution earlier at a previous point, which now takes longer to resolve.

Business Intelligence 96

Business Intelligence Finance IT Cost-Benefit 96

CIO Business Intelligence

APRIL 1, 2024

Those deemed “sell” were slated for modernization first, while those categorized as “buys” and “holds” were driving the business or fundamental to the business. Those deemed “sell” were slated for modernization first, while those categorized as “buys” and “holds” were driving the business or fundamental to the business.

Strategy 140

Strategy IT ROI Digital Transformation 140

CIO Business Intelligence

JANUARY 26, 2023

Irrespective of getting a small or a large IT budget, by managing it well, technology decision makers can put their organization’s resources effectively toward delivering great business benefits. Enterprise technology leaders must differentiate between cost and investment if they want to make the most of their limited budgets.

IT 136

IT Cost-Benefit Finance Consulting 136

datapine

MAY 2, 2023

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. These applications are designed to benefit logistics and shipping companies alike. Did you know?

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

CIO Business Intelligence

NOVEMBER 21, 2023

But to do so, IT leaders must first shine a light on what’s occurring in the shadows by expanding the scope of business leaders they engage with, increasing the frequency of their dialogue, and diving deeper into employee workflows. That’s not to downplay the inherent risks of shadow IT.

IT 133

IT Risk Cost-Benefit Risk Management 133

datapine

JANUARY 24, 2021

In our cutthroat digital age, the importance of setting the right data analysis questions can define the overall success of a business. To help transform data into business decisions, you should start preparing the pain points you want to gain insights into before you even start the data gathering process.

IT 317

IT Statistics KPI Data-driven 317

CIO Business Intelligence

SEPTEMBER 18, 2023

When the timing was right, Chavarin honed her skills to do training and coaching work and eventually got her first taste of technology as a member of Synchrony’s intelligent virtual assistant (IVA) team, writing human responses to the text-based questions posed to chatbots.

IT 134

IT Cost-Benefit Technology Business Intelligence 134

CIO Business Intelligence

SEPTEMBER 26, 2023

Change management aims to ensure a consistent level of oversight, confirming that prescribed levels of testing have been completed, that operations is ready to accept the change, and that there are sufficient fallback plans in place in case the change results in customer or business disruption.

IT 139

IT Risk Cost-Benefit Consulting 139

CIO Business Intelligence

MAY 17, 2024

And in the adjustment to a post-pandemic workforce, employees and employers have found a new battleground, with IT pros continuing to seek remote and flexible work opportunities, while companies grapple with the cost of following through with return-to-office mandates. The fallout of this may be a spike in turnover to come.

IT 132

IT Insurance Reporting Manufacturing 132