AWS Big Data

MARCH 26, 2024

In this post, we discuss how you can use purpose-built AWS services to create an end-to-end data strategy for C360 to unify and govern customer data that address these challenges. We recommend building your data strategy around five pillars of C360, as shown in the following figure.

Data Strategy 71

Data Strategy Strategy Data Warehouse Prescriptive Analytics 71

CIO Business Intelligence

FEBRUARY 1, 2023

As organizations of all stripes continue their migration to the cloud, they are coming face to face with sometimes perplexing cost issues, forcing them to think hard about how best to optimize workloads, what to migrate, and who exactly is responsible for what. Lacking a clear strategy determined by business objectives.

Optimization 111

Optimization Cost-Benefit Consulting Strategy 111

Cloudera

OCTOBER 30, 2023

Agility, innovation, and time-to-value are the key differentiators cloud service providers (CSP) claim to help organizations speed up digital transformation projects and business objectives. The main challenges are pointed out as a lack of resources/expertise, security, and from a different perspective, cloud cost management.

Analytics 75

Analytics Cost-Benefit ROI Business Objectives 75

FineReport

APRIL 9, 2024

Benefits of Utilizing BI Tools The utilization of data analysis tools such as business intelligence software offers numerous benefits for organizations seeking to gain a competitive edge in today’s dynamic market landscape.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

CIO Business Intelligence

SEPTEMBER 20, 2023

Equally important, the documented vision is a tool for agile teams to make implementation decisions when there are multiple ways to solve problems, each with different benefits and tradeoffs. Business leaders get scared and say, ‘Tell me the plan so I can sleep at night,’” said Ronica Roth, co-founder and principal of The Welcome Elephant.

Digital Transformation 130

Digital Transformation Uncertainty Metrics Business Objectives 130

datapine

JULY 17, 2019

Let’s start by considering what KPIs are and what they mean in a business context. KPI is a value measured to assess how effective a project or company is at achieving its business objectives. KPIs used: Customer Acquisition Costs. What Is A KPI? As such, performing an audit of your data sources is essential.

KPI 223

KPI Reporting Key Performance Indicator Dashboards 223

IBM Big Data Hub

JULY 27, 2023

The following are some of the most impactful ways oil and gas is embracing EAM as an asset management strategy: Asset lifecycle management : Oil and gas assets are intricate, costly and have lengthy lifecycles. This not only helps businesses avoid regulatory penalties, but it also creates safer operations and improves public perception.

Cost-Benefit 58

Cost-Benefit IoT Internet of Things Enterprise 58

datapine

MARCH 31, 2022

This all-encompassing branch of online data analysis is a particularly interesting field because its roots are firmly planted in two separate areas: business strategy and computer science. Advanced vision and attention to detail: By its very nature, business intelligence is incredibly detail-oriented. It’s Flexible.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

DataRobot Blog

MAY 26, 2022

In this post, we will dive deeper into how members from both the first and second line of defense within a financial institution can adapt their model validation strategies in the context of modern ML methods. Conceptual Soundness of the Model.

Risk 52

Risk Modeling Metrics Business Objectives 52

datapine

FEBRUARY 9, 2024

The process helps businesses and decision-makers measure the success of their strategies toward achieving company goals. All businesses have a limit on expenditure; as essential as the management of KPIs is to growth, an improper pursuit or inaccurate action can result in a heavy, flowing drain on revenue.

KPI 221

KPI Management Key Performance Indicator Measurement 221

O'Reilly on Data

JULY 28, 2020

One mid-sized digital media company we interviewed reported that their Marketing, Advertising, Strategy, and Product teams once wanted to build an AI-driven user traffic forecast tool. Internally, AI PMs must engage stakeholders to ensure alignment with the most important decision-makers and top-line business metrics.

Marketing 362

Marketing Experimentation Metrics Testing 362

datapine

JANUARY 18, 2023

Each report is aimed at a specific audience and business purpose and it summarizes the performance of different activities based on goals and objectives. To help you identify when to use them we will cover the top 14 most common report formats used for businesses today. This healthcare report aims to do just that.

Reporting 201

Reporting Metrics Dashboards Visualization 201

bridgei2i

MAY 19, 2021

They touch upon the role of GICs in driving the digital transformation agenda, the high visibility it brings to all functional areas of an organization, and the part it plays in bridging the gap between growth inefficiencies and cost management. This industry initially was, of course, everybody came to India and played a cost arbitrage game.

Enterprise 75

Enterprise Digital Transformation Marketing Cost-Benefit 75

datapine

MARCH 22, 2019

Businesses need analytics-driven insights focused on their team’s performance as well as customer happiness levels to determine the strengths and weaknesses that affect their overall business objectives. Include also expected costs and prepare yourself for unsatisfactory answers of some of your customers.

Metrics 134

Metrics Dashboards Measurement Interactive 134

Occam's Razor

NOVEMBER 15, 2010

Starting points for a customer centric strategy. I want to share where in your web analytics data you can find valuable starting points, even without any context about the site / business / priorities. I hope you'll benefit from my humble experience. Note objectives, customer experience, suckiness. Let's go!

Reporting 139

Reporting Metrics Strategy Measurement 139

datapine

DECEMBER 11, 2019

SaaS is a software distribution model that offers a lot of agility and cost-effectiveness for companies, which is why it’s such a reliable option for numerous business models and industries. SaaS Industry is forecasted to reach $55 billion by 2026. Our second forecast for SaaS trends in 2020 is Vertical SaaS.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

IBM Big Data Hub

OCTOBER 20, 2023

These development platforms support collaboration between data science and engineering teams, which decreases costs by reducing redundant efforts and automating routine tasks, such as data duplication or extraction. Apart from pricing, there are numerous other factors to consider when evaluating the best AI platforms for your business.

Machine Learning 77

Machine Learning Manufacturing Cost-Benefit Deep Learning 77

datapine

APRIL 9, 2019

Well, a cohesive, well-oiled HR department will offer your business the following benefits: Your HR department can help to catalyze internal training and development, keeping your staff engaged and upskilled on a continual basis. Aligning Business Objectives With HR Data. Training costs. Recruitment costs.

Reporting 155

Reporting Dashboards Metrics Cost-Benefit 155

Sisense

MAY 11, 2021

Building the right data model is an important part of your data strategy. In determining how we wanted to merge these data stacks and how we wanted to model our data, we also revisited our data strategy to consider what we as a data team were striving to achieve within the business. Discover why. What is data modeling?

Modeling 84

Modeling Big Data IoT Data Warehouse 84

Jet Global

JANUARY 31, 2022

In most companies, planning, budgeting, and forecasting processes are fairly well-established, but just because you’ve always done things a certain way doesn’t mean you can’t improve them. In many respects, strategy is as much about deciding what is less important as it is about specifying what is most important.

Forecasting 52

Forecasting Recreation/Entertainment Finance Software 52