CIO Business Intelligence

JUNE 9, 2023

Without it, businesses incur steep costs, but the downside, or costs, are often unclear because calculating data management’s return on investment (ROI), or upside, is a murky exercise. For many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents.

Strategy 107

Strategy Management Key Performance Indicator ROI 107

Smarten

NOVEMBER 26, 2023

How Do We Define Business Intelligence Today? Business Intelligence (BI) is the lifeblood of an organization. As the Business Intelligence solution market evolves, it may be difficult for an organization to know when to invest in these tools, and which tools are best for enterprise and user needs.

Marketing 40

Marketing Business Intelligence Key Performance Indicator Prescriptive Analytics 40

Smarten

FEBRUARY 13, 2022

The world-renowned technology research firm, Gartner, predicts that, ‘through 2024, 50% of organizations will adopt modern data quality solutions to better support their digital business initiatives’. As businesses consider the options for data analytics, it is important to understand the impact of solution selection.

Analytics 52

Analytics Key Performance Indicator Business Intelligence ROI 52

datapine

MAY 31, 2022

More and more CRM, marketing, and finance-related tools use SaaS business intelligence and technology, and even Adobe’s Creative Suite has adopted the model. We mentioned the hot debate surrounding data protection in our definitive business intelligence trends guide. Security issues. Lack of resources/expertise.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

datapine

JANUARY 24, 2021

This can include a multitude of processes, like data profiling, data quality management, or data cleaning, but we will focus on tips and questions to ask when analyzing data to gain the most cost-effective solution for an effective business strategy. Giving the most ROI? Driving revenue?

IT 317

IT Statistics KPI Data-driven 317

Smarten

FEBRUARY 3, 2023

The Smarten team successfully implemented an Smarten Business Intelligence solution for Toll Plaza Management in less than three weeks. Data quality improvement and data consolidation from all toll plazas for high-quality and reliable information for decision-making. Download the Case study

KPI 52

KPI Management Analytics Dashboards 52

CIO Business Intelligence

JANUARY 23, 2024

Quality metrics can be used to measure the improvements that come from reducing defects, lowering the impacts of human errors, improving data quality, and other program outcomes that illustrate how increasing quality connects to business impact. Digital Transformation, IT Leadership, IT Strategy, ROI and Metrics

Measurement 129

Measurement Digital Transformation KPI Metrics 129

CIO Business Intelligence

MARCH 22, 2022

Then virtualize your data to allow business users to conduct aggregated searches and analyses using the business intelligence or data analytics tools of their choice. . Set up unified data governance rules and processes. Focus on a specific business problem to be solved.

Analytics 96

Analytics Key Performance Indicator Data Warehouse Data-driven 96

CIO Business Intelligence

APRIL 4, 2024

There’s no other job in the world that has that type of ROI, that sense of accomplishment.” Generative AI is going to significantly reduce the mundane, very tedious business processes and automate them in a very accurate and dependable way to help lawyers have more time to help people.”

Digital Transformation 109

Digital Transformation Data Lake ROI Modeling 109

datapine

DECEMBER 17, 2019

As the IT department is the lifeblood of any modern organization, this level of agile access to data will increase productivity and increase response times to unforeseen issues or technical problems. Quality over quantity: Data quality is an essential part of reporting, particularly when it comes to IT.

Reporting 173

Reporting IT Key Performance Indicator Dashboards 173

CIO Business Intelligence

NOVEMBER 2, 2023

Still, 94% of technical leaders say they should be getting more value from their data and 78% say their organizations struggle to drive business priorities with data.

Data Strategy 127

Data Strategy Strategy Sales Data Governance 127

datapine

MAY 17, 2021

Then, you can apply the information gleaned from your data across all teams and departments, which will enable you to make collective decisions that will ultimately solve challenges and create sustainable solutions in a number of key areas. Top Attributes You Should Look For In Data Discovery Tools. They improve data accessibility.

Visualization 161

Visualization Data-driven Business Intelligence Metrics 161

Octopai

MAY 31, 2022

If your data management enables you to breathe a sigh of relief (as opposed to jumping for joy), that’s a good sign that it’s managing data as a liability. In contrast, data management for BI is asset management. Business intelligence is the primary place where your data becomes an asset.

Management 52

Management Metadata Business Intelligence ROI 52

Smarten

SEPTEMBER 6, 2019

SSDP (otherwise known as self-serve data preparation) is the logical evolution of business intelligence analytical tools. With self-serve tools, data discovery and analytics tools are accessible to team members and business users across the enterprise. Self-Serve Data Prep in Action. What is SSDP?

Analytics 51

Analytics IT Business Intelligence Testing 51

CIO Business Intelligence

JUNE 21, 2022

A recent research study calculated that each dollar invested in HPC in a business environment led to $507 in sales revenue and $47 in cost savings. In addition to quantitative ROI metrics, HPC research was also shown to save lives, lead to important public/private partnerships, and spur innovations. . HPC Growth in U.S. Government.

Deep Learning 95

Deep Learning Big Data ROI Software 95

Jet Global

MAY 28, 2019

Unlike a database, a data warehouse’s architecture is built for getting the data out, and not just through technical expertise, but for common users like management, executives, finance professionals, and other staff. Enhancing a Data Warehouse with Cubes. CUBES 101 - An Introduction to Business Intelligence Cubes.

Data Warehouse 85

Data Warehouse Reporting Business Intelligence Sales 85

CIO Business Intelligence

MAY 20, 2022

National Grid is a big Microsoft Azure cloud customer due to its secure, proprietary nature, says Karaboutis, and is using a bevy of leading-edge tools, from Snowflake, Azure, and Matallion ETL for data tooling, Informatica for data quality, Reltio for master data management, and Blue Prism for RPA, to name a few.

IT 95

IT Digital Transformation Internet of Things Data Architecture 95

FineReport

MAY 31, 2023

Furthermore, we will introduce some business intelligence solution that excels in simplifying the process of creating and utilizing a financial dashboard effectively. Finance and accounting teams often deal with data residing in multiple systems, such as accounting software, ERP systems, spreadsheets, and data warehouses.

Dashboards 52

Dashboards Key Performance Indicator Metrics Visualization 52

CIO Business Intelligence

MAY 2, 2023

While citizen developers can improve micro-efficiency, business agility, and innovation, they also present risks, such as security, compliance, privacy, data quality, duplication of efforts and technologies, and mounting technical debt.

Cost-Benefit 94

Cost-Benefit Risk Enterprise Optimization 94

CIO Business Intelligence

JUNE 13, 2022

These firms achieve excellent performance with superior ROI on Dell Validated Designs for AI. Modern data analytics spans a range of technologies, from dedicated analytics platforms and databases to deep learning and artificial intelligence (AI). Ready to evolve your analytics strategy or improve your data quality?

Data Processing 87

Data Processing Deep Learning Insurance Cost-Benefit 87

Alation

MARCH 21, 2023

Use cases for analytics in travel and tourism How can travel and tourism companies use data analytics to improve business ROI? Below are a few examples demonstrating how these organizations wield data as a strategic asset for the business.

Data Analytics 52

Data Analytics Analytics Data-driven Big Data 52

CIO Business Intelligence

NOVEMBER 29, 2022

By George Trujillo, Principal Data Strategist, DataStax Innovation is driven by the ease and agility of working with data. Increasing ROI for the business requires a strategic understanding of — and the ability to clearly identify — where and how organizations win with data.

Data Architecture 99

Data Architecture Data Integration IoT Strategy 99

IBM Big Data Hub

AUGUST 4, 2023

Risk of data swamps A data swamp is the result of a poorly managed data lake that lacks appropriate data quality and data governance practices to provide insightful learnings, rendering the data useless. MLOps creates a process where it’s easier to cull insights from business data.

Data Architecture 61

Data Architecture Data Lake Machine Learning Data Governance 61

CIO Business Intelligence

FEBRUARY 14, 2023

It’s clear how these real-time data sources generate data streams that need new data and ML models for accurate decisions. Data quality is crucial for real-time actions because decisions often can’t be taken back. report they have established a data culture 26.5%

Data Strategy 108

Data Strategy Strategy Machine Learning Data-driven 108

Sisense

SEPTEMBER 3, 2020

Programming and statistics are two fundamental technical skills for data analysts, as well as data wrangling and data visualization. Data analysts in one organization might be called data scientists or statisticians in another. Database design is often an important part of the business analyst role.

Statistics 97

Statistics Metrics Visualization Finance 97

AWS Big Data

MARCH 7, 2023

ETL (extract, transform, and load) technologies, streaming services, APIs, and data exchange interfaces are the core components of this pillar. Unlike ingestion processes, data can be transformed as per business rules before loading. You can apply technical or business data quality rules and load raw data as well.

Analytics 74

Analytics Data Warehouse Data Lake Metadata 74

CIO Business Intelligence

APRIL 26, 2022

Business owners look at ROI, NPV and other metrics to justify the financials for doing a project or introducing a new product line. Modern data analytics spans a range of technologies, from dedicated analytics platforms and databases to deep learning and artificial intelligence (AI). Just starting out with analytics?

Manufacturing 91

Manufacturing Optimization Metrics Deep Learning 91

CIO Business Intelligence

JANUARY 4, 2023

Though composable infrastructure may remove the restrictions of traditional architectures, there’s debate [3] about whether it can scale and whether the ROI would be reached by increased flexibility and utilization. Ready to evolve your analytics strategy or improve your data quality? Just starting out with analytics?

Cost-Benefit 57

Cost-Benefit Machine Learning Modeling Uncertainty 57

Occam's Razor

AUGUST 13, 2012

The questions reveal a bunch of things we used to worry about, and continue to, like data quality and creating data driven cultures. Bjoern Sjut3: My main issue at the moment: How will multi-channel funnels and ROI calculations work in a multi device world? They also reveal things that starting to become scary (Privacy!

Modeling 124

Modeling Metrics Data Quality Data-driven 124

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. This sales chart example is designed for accelerated business growth. 7) Sales Growth Between Periods.

Sales 235

Sales Dashboards KPI Visualization 235

Jet Global

APRIL 14, 2022

Deep, proactive analysis is crucial for making key business decisions that benefit profitability, increase ROI, and reduce costly errors. One of the biggest demands on real estate finance teams is providing planning and insight into business operations. Improve data quality. Reduce the risk of human error.

Data Collection 52

Data Collection Management Finance Reporting 52

Domino Data Lab

FEBRUARY 4, 2019

Of course, some questions in business cannot be answered with historical data. Instead they require investment, tooling, and time for data collection. Given the two points above, that’s okay—there are good ways to direct data exploration toward ROI. Lack of data, or data quality issues (silos).

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66