CIO Business Intelligence

AUGUST 5, 2022

A hybrid approach is clearly established as the optimal operating model of choice. A Flexera report found the shift to hybrid infrastructure supported by overwhelming numbers of survey respondents, with 89% of them opting for a multicloud strategy and 80% taking a hybrid approach that combines use of public as well as private clouds.

IT 88

IT Manufacturing Business Objectives Cost-Benefit 88

CIO Business Intelligence

OCTOBER 23, 2023

As a result, most IT functions have seen budget increases, support for more staff, and higher involvement in shaping enterprise strategy , according to multiple reports. Consider the findings of a report from professional services firm Accenture. IT needs to think of the value proposition for the customer.”

IT 132

IT Consulting Scorecard Key Performance Indicator 132

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.

Data Governance 76

Data Governance Business Objectives Data Quality Strategy 76

CIO Business Intelligence

DECEMBER 6, 2022

When businesses migrate to public cloud, they expect to enjoy greater agility, resiliency, scalability, security, and cost-efficiency. Too often, impetuosity and a diminished focus on key business drivers can result in a loss of direction, reports Chris DePerro, SVP, Global Professional Services at NTT.

Cost-Benefit 52

Cost-Benefit Business Objectives Business Driver Data Processing 52

CIO Business Intelligence

DECEMBER 19, 2023

He notes that developing a services portfolio to leverage various cloud services can give IT a flexible operating model. “By By separating the decision-making process from infrastructure, and aligning workloads with suitable cloud models, IT can redirect its focus toward ongoing business enhancement,” he explains.

IT 139

IT Testing Metrics Optimization 139

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 125

Digital Transformation Uncertainty Metrics Business Objectives 125

IBM Big Data Hub

JUNE 23, 2023

For F&A leaders, this means that it may have the ability to transform financial data, such as business performance reports, commentary and narratives. As you encounter new generative AI solutions and unique AI foundation models for F&A, you may find yourself overwhelmed by all the options.

Finance 59

Finance Reporting Cost-Benefit Modeling 59

FineReport

APRIL 9, 2024

From advanced analytics to predictive modeling, the evolving landscape of business intelligence is revolutionizing how data is processed and leveraged for actionable insights. Comparing leading BI tools provides valuable insights into the diverse capabilities and features available for data analysis and reporting.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 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

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

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. It’s Flexible. They can help a company forecast demand, or anticipate fraud.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

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

O'Reilly on Data

JULY 28, 2020

Many companies face a problem that’s even worse: no one knows which levers contribute to the metrics that impact business outcomes, or which metrics are important to the company (such as those reported to Wall Street by publicly-traded companies). You must detect when the model has become stale, and retrain it as necessary.

Marketing 363

Marketing Experimentation Metrics Testing 363

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. But how can you do that? Read: The Enterprise AI Revolution Starts with BI. So how is the data extracted?

Enterprise 70

Enterprise OLAP Business Intelligence Cost-Benefit 70

Smart Data Collective

JULY 22, 2019

A BI tool can collect, analyze, and convert data for you into easily comprehensible reports. Why Does Every Business Need BI Tools? Currently, every modern business operates in the condition of a hugely competitive environment and great pressure. Automating your data processing routine can offer your business a lot of benefits.

Business Intelligence 80

Business Intelligence Cost-Benefit Dashboards Visualization 80

CIO Business Intelligence

FEBRUARY 20, 2023

Benefits of Salesforce certifications Salesforce jobs range from the technical (architects, developers, implementation experts) to those related to marketing and sales. According to a study by Indeed.com , 70% of Salesforce developers in the US are satisfied with their salaries given the cost of living in their area.

Consulting 60

Consulting B2B Cost-Benefit Sales 60

Ontotext

NOVEMBER 22, 2020

Knowledge graphs have been proven to be a powerful, scalable and intelligent technology for solving today’s complex business needs. The ability to define the concepts and their relationships that are important to an organization in a way that is understandable to a computer has immense benefits.

Metadata 72

Metadata Cost-Benefit Unstructured Data Technology 72

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. But how can you do that? Read: The Enterprise AI Revolution Starts with BI. So how is the data extracted?

Enterprise 40

Enterprise OLAP Business Intelligence Cost-Benefit 40

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

APRIL 9, 2019

Moreover, interactive HR dashboard templates offer businesses the means to better understand their personnel, spot emerging problems or issues, and deploy proactive solutions to manage their HR departments in a more fluent, result-driven fashion. Exclusive Bonus Content: Learn more on monthly and annual HR reports! How, you ask?

Reporting 155

Reporting Dashboards Metrics Cost-Benefit 155

IBM Big Data Hub

MAY 23, 2023

“And it should emphasize the business case for security.” ” Read IBM’s “Cost of a data breach 2022” report Security is fast becoming a conversation about empowerment versus just protection. Per data from a 2022 Verizon report , as many as 8 in 10 security breaches are caused by human error.

Cost-Benefit 92

Cost-Benefit Strategy Reporting Marketing 92

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

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 68

Data Warehouse Cost-Benefit KPI Risk 68

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 71

Machine Learning Manufacturing Cost-Benefit Deep Learning 71

CIO Business Intelligence

MAY 13, 2024

“We know what we’re trying to achieve, because we know the business goals and objectives,” We want to grow substantially, and we want to do that with speed,” says Bilker, whose clarity on IT’s business objectives mirror the top directives CEOs are giving their CIOs, according to the 2024 State of the CIO Study from Foundry, publisher of CIO.com.

IT 127

IT Digital Transformation ROI Strategy 127

Sisense

MAY 11, 2021

You can’t talk about data analytics without talking about data modeling. The reasons for this are simple: Before you can start analyzing data, huge datasets like data lakes must be modeled or transformed to be usable. Building the right data model is an important part of your data strategy. What is data modeling?

Modeling 84

Modeling Big Data IoT Data Warehouse 84

Ontotext

MAY 16, 2024

There is a confluence of activity – including generative AI models, digital twins, and shared ledger capabilities – that are having a profound impact on enterprises. Industry analyst reports place contextualized information and graph technologies at the center of their impact radar for emerging technologies.

Enterprise 52

Enterprise Data-driven Cost-Benefit Digital Transformation 52

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 101

Cost-Benefit Data Processing Strategy Software 101

IBM Big Data Hub

JANUARY 31, 2024

The main motivators for outsourcing are cost savings; the flexibility to ramp up or scale back functions and goods or services as needed; and greater access to specific skills or raw materials. The trend toward digital transformation has many organizations strengthening their operations through business process outsourcing.

Cost-Benefit 92

Cost-Benefit Manufacturing Strategy Risk 92

AWS Big Data

MARCH 26, 2024

Without C360, businesses face missed opportunities, inaccurate reports, and disjointed customer experiences, leading to customer churn. Data storage Structured, semi-structured, or unstructured batch data is stored in an object storage because these are cost-efficient and durable. Organizations using C360 achieved 43.9%

Data Strategy 68

Data Strategy Strategy Data Warehouse Prescriptive Analytics 68

IBM Big Data Hub

AUGUST 30, 2023

IBM Maximo has been a leading enterprise asset management solution in the industry for four decades, helping customers streamline work processes with a centralized platform for managing tasks, inventory, regulatory compliance and reporting capabilities. However, there are a few risks to take into consideration when choosing a SaaS option.

Data Processing 67

Data Processing Cost-Benefit Internet of Things Enterprise 67

Sisense

OCTOBER 27, 2020

According to a 2020 LinkedIn report , only about 29% of HR professionals report being able to successfully use insights about their people. 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.

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. Reports to look at, KPIs to evaluate, inferences to make. I hope you'll benefit from my humble experience. Note objectives, customer experience, suckiness.

Reporting 139

Reporting Metrics Strategy Measurement 139

IBM Big Data Hub

JULY 7, 2023

Too often, these skilled workers get bogged down in managing day-to-day tasks or the bureaucracy of the business, leaving less time for creative thinking. When knowledge workers leave the company, businesses face another challenge—finding a way to document, share and retain their knowledge to extend its benefits throughout the company.

Cost-Benefit 64

Cost-Benefit Consulting Management Data-driven 64

FineReport

MARCH 31, 2024

Acting as a comprehensive solution, the best BI tools collect and analyze company data to generate easily interpretable graphs, reports, and charts , leveraging advanced data mining, analytics, and visualization techniques. Key features include comprehensive data connectors, user-friendly report-building tools, and web-based sharing options.

Dashboards 52

Dashboards Visualization Data mining Data-driven 52

Jet Global

NOVEMBER 8, 2021

This article explores some basic definitions of DBB with examples and then zeros in on some of the key benefits of DBB. Identifying Key Business Drivers. The DBB process begins with identifying the variables that have the greatest impact on overall business performance. Benefit #1. Benefit #2.

Business Driver 52

Business Driver Recreation/Entertainment Sales Cost-Benefit 52