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 116

Business Intelligence Big Data Cost-Benefit Forecasting 116

Smart Data Collective

NOVEMBER 25, 2019

More and more often, businesses are using data to drive their decisions — which makes cutting-edge analytics and business intelligence strategies one of the best advantages a company can have. Here are the six trends you should be aware of that will reshape business intelligence in 2020 and throughout the new decade.

Business Intelligence 102

Business Intelligence Predictive Analytics Data Collection Internet of Things 102

FineReport

DECEMBER 9, 2021

Business intelligence strategy is seen as a roadmap designed to help companies measure their performance and strengthen their performance through architecture and solutions. Therefore, creating a successful BI strategy roadmap would have a great positive impact on organization efficiency. How to develop a BI strategy?

Strategy 98

Strategy Business Intelligence KPI Key Performance Indicator 98

AWS Big Data

APRIL 11, 2023

Forecasting is another critical component of effective inventory management. Accurately predicting demand for products allows businesses to optimize inventory levels, minimize stockouts, and reduce holding costs. However, forecasting can be a complex process, and inaccurate predictions can lead to missed opportunities and lost revenue.

Forecasting 76

Forecasting Management IoT Data-driven 76

FineReport

JULY 22, 2021

What is business intelligence?. Business Intelligence(BI) is defined as the concept of using modern data warehouse technology, online analysis and processing technology, data mining and data display technology for data analysis to achieve business value. Real-world examples of business intelligence.

Business Intelligence 52

Business Intelligence Sales Marketing Forecasting 52

CIO Business Intelligence

NOVEMBER 2, 2023

Yet, controlling cloud costs remains the top challenge IT leaders face in making the most of their cloud strategies, with about one third — 35% — of respondents citing these expenses as the No. Opting for a managed cloud offering allows organizations to focus on delivering business value and driving adoption,” he says. “A

Strategy 140

Strategy Data Processing Experimentation Optimization 140

CIO Business Intelligence

JULY 31, 2023

For those companies operating on a calendar year, the end of summer signals the start of annual planning and the mad dash to prepare their IT strategies. Your answers will lay the foundation for your strategy and highlight where your story needs work if you want to avoid fire drills in the eleventh hour. IT Strategy

Strategy 98

Strategy IT Cost-Benefit Finance 98

Jet Global

JUNE 5, 2019

Data drives everything in the business world, from manufacturing to supply chain logistics to retail sales to customer experience to post-sale marketing and beyond, data holds the secrets to making processes more efficient, production costs cheaper, profit margins higher and marketing campaigns more effective. READ BLOG POST.

Data mining 75

Data mining Business Intelligence OLAP Key Performance Indicator 75

datapine

MAY 2, 2023

The rise of SaaS business intelligence tools is answering that need, providing a dynamic vessel for presenting and interacting with essential insights in a way that is digestible and accessible. Where is all of that data going to come from? The future is bright for logistics companies that are willing to take advantage of big data.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

CIO Business Intelligence

APRIL 4, 2024

To keep up, Redmond formed a steering committee to identify opportunities based on business objectives, and whittled a long list of prospective projects down to about a dozen that range from inventory and supply chain management to sales forecasting. “We Webster Bank is following a similar strategy. Diasio agrees.

Enterprise 134

Enterprise Cost-Benefit Forecasting Sales 134

Smart Data Collective

MAY 13, 2022

In addition, several enterprises are using AI-enabled programs to get business analytics insights from volumes of complex data coming from various sources. AI is undoubtedly a gamechanger for business intelligence. As you can see from the above example, businesses today are data-centric. AI and machine learning.

Business Analytics 134

Business Analytics Analytics Unstructured Data Data-driven 134

CIO Business Intelligence

JULY 28, 2023

Customers must have the trust and willingness to share data As enterprises continue to create new digital-first products and services, forecasting customer needs, preparing for potential issues, and building resilience is vital to sustaining trust. These require customer data.

Strategy 97

Strategy Enterprise Forecasting Risk 97

CIO Business Intelligence

MAY 14, 2024

That, I wish I’d had the sophistication to explain, was the consequence of our strategy. It’s just as well, because I would have been using the term “strategy” wrong, too, although less wrong than insisting that a spending forecast is a plan. Anatomy of a plan In the realm of business, strategy isn’t what most of us think.

IT 111

IT ROI Strategy Forecasting 111

Smarten

JUNE 29, 2018

This article looks at the ARIMAX Forecasting method of analysis and how it can be used for business analysis. What is ARIMAX Forecasting? This method is suitable for forecasting when data is stationary/non stationary, and multivariate with any type of data pattern, i.e., level/trend /seasonality/cyclicity. About Smarten.

Forecasting 40

Forecasting Enterprise IT Business Intelligence 40

CIO Business Intelligence

OCTOBER 16, 2023

All forward-thinking businesses are toying with or have already invested in AI — from boutique startups to enterprise conglomerates. The past six months have seen a particular form of AI gain popularity among business leaders: Generative AI (GenAI).

Forecasting 137

Forecasting Machine Learning Software Data-driven 137

IBM Big Data Hub

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity. It enables a centralized repository of information and provides real-time visibility into the entire business.

Key Performance Indicator 81

Key Performance Indicator Forecasting Data Integration Sales 81

datapine

MARCH 25, 2022

1) What Is Business Intelligence And Analytics? 4) How Do BI And BA Apply To Business? If someone puts you on the spot, could you tell him/her what the difference between business intelligence and analytics is? We already saw earlier this year the benefits of Business Intelligence and Business Analytics.

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

datapine

AUGUST 14, 2019

Companies surely need data scientists to help them empower their analytics processes, build a numbers-based strategy that will boost their bottom line, and ensure that enormous amounts of data are translated into actionable insights. But being an inquisitive Sherlock Holmes of data is no easy task. BI Tools And Applications.

Data Science 214

Data Science Statistics Business Intelligence Visualization 214

CIO Business Intelligence

APRIL 5, 2022

Optimas Solutions, a manufacturer and distributor of fasteners, is using data analytics in three critical areas to improve operations and relationships with its suppliers and customers, says Mark Korba, vice president of supply chain and business intelligence at the company. Supporting an increasingly complex supply chain.

Analytics 145

Analytics Cost-Benefit Forecasting Manufacturing 145

CIO Business Intelligence

JANUARY 23, 2024

Analyst firm Gartner has released its 2024 worldwide IT spending forecast, and the topline is eyepopping: Overall IT expenditures are projected to grow 6.8% But the storyline CIOs should note from this year’s spending forecast is not about overall volume or uptick, or even whether generative AI is behind this year’s perky numbers (it isn’t).

IT 119

IT Consulting Forecasting Software 119

datapine

APRIL 12, 2023

A loyal, high-value repeat customer is worth more than a cheap sale, and by implementing the right strategy, setting the right goals, and working with the right KPIs, you will achieve the results you desire. But how do you calculate the impact of your promotional strategies? Keep reading to find out!

Sales 176

Sales KPI Metrics Cost-Benefit 176

CIO Business Intelligence

APRIL 11, 2024

The Kuwaiti government continues to push its digital agenda, in line with the Kuwait Vision 2035 and Kuwait 2040 Upstream Strategy. IDC forecasts annual spending on AI-centric systems worldwide will surpass 300 billion USD by 2026, while ICT spending in Kuwait will exceed 5.5 billion USD by 2024.

Technology 115

Technology Digital Transformation Forecasting Strategy 115

CIO Business Intelligence

MAY 12, 2022

The tool builds heavily on business intelligence and reporting by treating predictions as just another column in the analytics presentation. One of the oldest statistics and business intelligence packages from SAS has grown stronger and more capable with age. More focused options are available for particular data sets.

Predictive Analytics 137

Predictive Analytics Analytics Statistics Machine Learning 137

CIO Business Intelligence

MARCH 18, 2024

Technology has a critical role to play in any organization’s social sustainability strategy. Sustainable supply chains and ecosystems: A growing number of firms use technology to incorporate suppliers into their sustainability strategy.

Manufacturing 119

Manufacturing Forecasting Technology Software 119

CIO Business Intelligence

NOVEMBER 21, 2023

That’s where an IT strategy that frames shadow IT as an opportunity for improved collaboration can have a profound impact. Catalog risks, prioritize opportunities, promote financial controls Shadow IT gives IT leaders an opportunity to reassess their strategies around departmental technology solutions.

IT 137

IT Risk Cost-Benefit Risk Management 137

CIO Business Intelligence

DECEMBER 11, 2023

Now, it’s time to pay for it, and that’s putting a spotlight squarely on the chief financial officer (CFO), who has increasingly become the gatekeeper deciding which projects get funded and how significantly AI will play a role in enterprise strategy. For the CFOs at the center of that transformation, the stakes are higher than ever.

Finance 105

Finance Forecasting IoT Predictive Modeling 105

CIO Business Intelligence

JANUARY 15, 2024

Beyond boosting revenue, respondents gave plenty of other reasons to adopt AI in retail, including creating operational efficiencies (53% of respondents), improving the consumer experience (42%), improving decision making (37%), or yielding more accurate demand forecasting (21%).

Sales 105

Sales Software Forecasting Statistics 105

CIO Business Intelligence

FEBRUARY 28, 2024

Meanwhile, Atos will continue to operate both halves of the company, Tech Foundations and Eviden, as separate entities with a coordinated go-to-market strategy, he said. The legacy Tech Foundations business manages hybrid cloud and infrastructure, digital workplace, digital business platforms, technology advisory and customized services.

IT 119

IT Forecasting Consulting Sales 119

Smart Data Collective

JANUARY 9, 2023

Before understanding how this particular strategy can help organizations maximize their data’s value, it’s important to have a clear understanding of AI and machine learning. As one can imagine, these powerful forms of technology give organizations the opportunity to engage in a number of effective business practices in unprecedented ways.

Machine Learning 125

Machine Learning Software Strategy Marketing 125

CIO Business Intelligence

JUNE 29, 2022

There is growing belief that businesses are set to spend huge amounts of money on predictive analytics. While in 2021, the global market for corporate predictive analytics was worth $10 billion, it is forecast to balloon to $28 billion by 2026. Analytics, Business Intelligence

Predictive Analytics 137

Predictive Analytics Analytics Data-driven Forecasting 137

CIO Business Intelligence

OCTOBER 6, 2023

Business analyst job description BAs are responsible for creating new models that support business decisions by working closely with finance and IT teams to establish initiatives and strategies aimed at improving revenue and/or optimizing costs.

IT 128

IT Business Analysis Key Performance Indicator Cost-Benefit 128

CIO Business Intelligence

APRIL 9, 2024

Atos said it wants to ensure the business continuity and long-term sustainability of the group; to reassure clients, employees, and suppliers of its creditworthiness; and to preserve the strategic interests of the French state.

Forecasting 105

Forecasting Finance Sales Big Data 105

CIO Business Intelligence

MAY 14, 2024

IDC forecasts that global spending on private, dedicated cloud services — which includes hosted private cloud and dedicated cloud infrastructure as a service — will hit $20.4 For all CIOs rethinking their cloud strategies , there are few variables that can change the equation as fast as AI.

IT 143

IT Data Processing Enterprise Modeling 143

CIO Business Intelligence

NOVEMBER 17, 2023

For IHG Hotels and Resorts, the cloud provides just the right accommodation for business success. Over a period of six months, we created an entirely new demand forecasting model, leveraging the capabilities in the cloud,” he says by way of example. This is driving a hybrid approach to cloud.”

Forecasting 132

Forecasting Consulting Data-driven Digital Transformation 132

CIO Business Intelligence

MARCH 26, 2024

Medium to long-term strategy Analysts point out that while several tech companies are reducing their workforce, Dell is one of the few who has recorded weak financial performance. Significantly, this comes after Dell’s recent announcement of a stringent return-to-office policy. Fourth quarter revenue was down 11 percent year on year.

Uncertainty 119

Uncertainty Forecasting Optimization Consulting 119

datapine

JANUARY 21, 2020

Spreadsheets no longer provide adequate solutions for a serious company looking to accurately analyze and utilize all the business information gathered. That’s where business intelligence reporting comes into play – and, indeed, is proving pivotal in empowering organizations to collect data effectively and transform insight into action.

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

FineReport

APRIL 9, 2024

Benefits of Healthcare Business Intelligence Tools Improved Decision-Making: Healthcare BI tools enable informed decision-making by providing real-time data analysis and predictive insights. By leveraging these tools, healthcare providers can gain valuable insights into patient outcomes, operational efficiency, and resource allocation.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52