IBM Big Data Hub

FEBRUARY 9, 2023

The primary goal of any data governance program is to deliver against prioritized business objectives and unlock the value of your data across your organization. Realize that a data governance program cannot exist on its own – it must solve business problems and deliver outcomes. Don’t try to do everything at once!

Data Governance 82

Data Governance Business Objectives Strategy Data Quality 82

CIO Business Intelligence

JUNE 23, 2023

According to the MIT Technology Review Insights Survey, an enterprise data strategy supports vital business objectives including expanding sales, improving operational efficiency, and reducing time to market. The problem is today, just 13% of organizations excel at delivering on their data strategy.

Data Strategy 116

Data Strategy Strategy Visualization Consulting 116

O'Reilly on Data

JULY 28, 2020

These measures are commonly referred to as guardrail metrics , and they ensure that the product analytics aren’t giving decision-makers the wrong signal about what’s actually important to the business. When a measure becomes a target, it ceases to be a good measure ( Goodhart’s Law ). Any metric can and will be abused.

Marketing 362

Marketing Experimentation Metrics Testing 362

IBM Big Data Hub

JANUARY 25, 2024

.” Read the “Presidio AI Framework” paper to learn how to address generative AI risks with guardrails across the expanded AI life cycle As generative AI continues to go mainstream, organizations are excited about the potential to transform processes, reduce costs and increase business value.

Strategy 106

Strategy Risk Cost-Benefit Business Objectives 106

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 135

Digital Transformation Uncertainty Metrics Business Objectives 135

CIO Business Intelligence

DECEMBER 19, 2023

Once changes are implemented, it’s crucial to loop back, measure against the anticipated improvement, and continually review data.” He notes that developing a services portfolio to leverage various cloud services can give IT a flexible operating model. “By The benefit of having a well-trained team speaks for itself, Marcetic notes. “A

IT 139

IT Testing Metrics Optimization 139

FineReport

APRIL 9, 2024

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

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.” Create innovation teams IT departments have moved beyond their old shared services model and are now working closely with business lines. “IT needs to go beyond that.

IT 137

IT Consulting Scorecard Key Performance Indicator 137

IBM Big Data Hub

JANUARY 5, 2023

Ill-timed business decisions and misinformed business processes, missed revenue opportunities, failed business initiatives and complex data systems can all stem from data quality issues. Build data modeling lineage to perform root cause analysis of data quality issues. Having to deal with all of them can be devastating.

Data Quality 52

Data Quality Data Architecture Strategy Data Lake 52

FineReport

APRIL 26, 2023

Cost Savings : Big data tools such as FineReport , Hadoop, Spark, and Apache can assist businesses in saving costs by storing and handling huge amounts of data more efficiently. Market Insight : Analyzing big data can help businesses understand market demand and customer behavior. Top 10 Big Data Tools 1.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

CDW Research Hub

NOVEMBER 25, 2020

As companies embrace a true digital transformation mindset, their traditional on-premises IT becomes a burden as costs and restrictions continue to rise. Once integrated, Azure gives businesses the freedom to manage and deploy custom web apps using the development tools and frameworks they are most comfortable with.

Digital Transformation 52

Digital Transformation Cost-Benefit Optimization Business Objectives 52

FineReport

JULY 26, 2021

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. Through the process, businesses will measure their performance, seek out incomparable competitive advantages and dig out needs of customers.

Business Intelligence 52

Business Intelligence Strategy Cost-Benefit Data-driven 52

FineReport

JULY 26, 2021

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. Through the process, businesses will measure their performance, seek out incomparable competitive advantages and dig out needs of customers.

Business Intelligence 52

Business Intelligence Strategy Cost-Benefit Data-driven 52

IBM Big Data Hub

JUNE 23, 2023

Though AI adoption may seem daunting, the flexibility and scalability of emerging foundational models will most certainly accelerate AI adoption as enterprises are empowered to put AI to work at the strategic core of F&A processes. What is generative AI, what are foundation models, and why do they matter?

Finance 65

Finance Reporting Cost-Benefit Modeling 65

Paul Blogs on BI

MARCH 25, 2020

We are really missing data and so the metrics are incomplete and, as such, we should ask ourselves the question: “Are we measuring the right things?”. I have always believed that Business Intelligence is only 50% about analyzing the data and that the other 50% is the human action taken as a result of that analysis.

Business Intelligence 51

Business Intelligence Measurement Metrics Cost-Benefit 51

Jet Global

AUGUST 14, 2019

The business world is at an inflection point when it comes to the application of Artificial Intelligence (or AI). Enter business intelligence (or BI) software. Security, simplicity, speed—these are the three major benefits business intelligence solutions help to drive, and three critical measures of success in enterprise business.

Enterprise 70

Enterprise OLAP Business Intelligence Cost-Benefit 70

datapine

MARCH 31, 2022

To understand this concept in a practical context, check out this video featuring an explanation from analyst Sonya Fournier: Now that we’ve explored BI in a real-world professional context, let’s look at the benefits of embarking on this occupation. Main Challenges Of A Business Intelligence Career. It’s Flexible.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

Jet Global

OCTOBER 2, 2019

The business world is at an inflection point when it comes to the application of Artificial Intelligence (or AI). Enter business intelligence (or BI) software. Security, simplicity, speed—these are the three major benefits business intelligence solutions help to drive, and three critical measures of success in enterprise business.

Enterprise 40

Enterprise OLAP Business Intelligence Cost-Benefit 40

IBM Big Data Hub

MARCH 6, 2024

Businesses are increasingly embracing cloud infrastructure due to its scalability, flexibility and cost-effectiveness, among other benefits. Recent statistics indicate a significant rise in companies adopting cloud services to meet their operational and cost saving needs.

Optimization 82

Optimization Strategy Cost-Benefit Testing 82

AWS Big Data

DECEMBER 8, 2023

In 2021, FanDuel’s workloads almost tripled since they first started using Amazon Redshift in 2018, and they started evaluating Redshift RA3 nodes vs. DC2 nodes to take advantage of the storage and compute separation and deliver better performance at lower costs. The following diagram illustrates this architecture.

Data Warehouse 66

Data Warehouse Cost-Benefit KPI Risk 66

IBM Big Data Hub

OCTOBER 20, 2023

Artificial intelligence platforms enable individuals to create, evaluate, implement and update machine learning (ML) and deep learning models in a more scalable way. AI platforms assist with a multitude of tasks ranging from enforcing data governance to better workload distribution to the accelerated construction of machine learning models.

Machine Learning 79

Machine Learning Manufacturing Cost-Benefit Deep Learning 79

CIO Business Intelligence

JULY 8, 2022

After transforming their organization’s operating model, realigning teams to products rather than to projects , CIOs we consult arrive at an inevitable question: “What next?” Splitting these responsibilities without a clear vision and careful plan, however, can spell disaster, reversing the progress begotten by a new operating model.

Cost-Benefit 122

Cost-Benefit Measurement Modeling Metrics 122

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. Flexible payment options: Businesses don’t have to go through the expense of purchasing software and hardware.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

IBM Big Data Hub

DECEMBER 11, 2023

Just like any other IT solution, adopting a successful hybrid cloud strategy starts with examining how this cloud computing architecture can drive overall business objectives. As an initial step, business and IT leaders need to review the advantages and disadvantages of hybrid cloud adoption to reap its benefits.

Cost-Benefit 112

Cost-Benefit Data Processing Strategy Software 112

IBM Big Data Hub

DECEMBER 20, 2023

To capture the most value from hybrid cloud, business and IT leaders must develop a solid hybrid cloud strategy supporting their core business objectives. The hybrid multicloud model Today most enterprise businesses rely on a hybrid multicloud environment.

Strategy 104

Strategy Cost-Benefit Digital Transformation Optimization 104

datapine

APRIL 9, 2019

By leveraging HR KPIs (Key Performance Indicators), which are measurements that enable businesses to track very specific areas of human resources-related data, companies like yours can continuously and consistently improve their HR capabilities. Aligning Business Objectives With HR Data. Training costs.

Reporting 155

Reporting Dashboards Metrics Cost-Benefit 155

Occam's Razor

MAY 22, 2006

We are lucky to live at at time when there are options available that allow us to get as deep and as broad as we want to be, and the cost is not prohibitive. Almost always in A/B testing you are measuring one outcome (click thrus to next page or conversion etc). This is a awesome benefit because most of the times that is a huge hurdle.

Experimentation 103

Experimentation Testing Optimization Measurement 103

AWS Big Data

MARCH 26, 2024

Data storage Structured, semi-structured, or unstructured batch data is stored in an object storage because these are cost-efficient and durable. Unified customer profile Graph databases excel in modeling customer interactions and relationships, offering a comprehensive view of the customer journey.

Data Strategy 66

Data Strategy Strategy Data Warehouse Prescriptive Analytics 66

Sisense

OCTOBER 27, 2020

To understand all this, let’s dig into the BI continuum, understand who benefits from people analytics, and learn some best practices for success on your people analytics journey. Who benefits from people analytics? The HR analytics continuum. Again: Today, HR teams are inundated with HR data from a variety of sources. Start small!

People Analytics 74

People Analytics Analytics Cost-Benefit Key Performance Indicator 74

Occam's Razor

NOVEMBER 15, 2010

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. Visitor Recency measures the gap between two visits of the same visitor.

Reporting 139

Reporting Metrics Strategy Measurement 139

Alation

JULY 12, 2022

The cloud can deliver myriad benefits to data teams, including agility, innovation, and security. What’s more, the rapid shift to remote work has enhanced the benefits that moving to the cloud unlocks. For businesses focused on cloud data migration, one question remains: How do you get there? Limitless Accessibility.

Cost-Benefit 52

Cost-Benefit Data Warehouse Key Performance Indicator Testing 52