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IT Budgeting Practices for Data-Driven Companies

Smart Data Collective

Companies are investing more in big data than ever before. Last year, global businesses spent over $271 billion on big data. While there are many benefits of big data technology, the steep price tag can’t be ignored. We mentioned that data analytics offers a number of benefits with financial planning.

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How generative AI correlates IT and business objectives to maximize business outcomes

IBM Big Data Hub

Business owners often grapple with the frustrating reality of discovering IT issues impacting their operations only after customer complaints have arisen, leaving them with little opportunity to mitigate problems proactively. For example, suppose an interface between Salesforce and SAP goes down.

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Becoming a Data-Driven Organisation in 4 Steps

Alation

But what does it mean for an organisation to be truly data-driven? What foundation needs to be in place at the start, and what journey does an organisation need to embrace to benefit from the forensic insights their data can reveal? Step 1 – Be clear about your business objectives. Being profitable (19 times).

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Data-Driven Approaches for Email Marketing Automation in Your Business

Smart Data Collective

We have endlessly discussed the benefits of using big data to make the most out of your marketing strategies. Companies that neglect to use data analytics, AI and other forms of big data technology risk falling behind to their competitors. Data Technology Makes Email Marketing Automation Far More Feasible. Start Simple.

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5 key metrics for IT success

CIO Business Intelligence

IT leaders are drowning in metrics, with many finding themselves up to their KPIs in a seemingly bottomless pool of measurement tools. Still, when all is said and done, some key metrics stand out above the rest for accurately measuring IT success. There are a number of ways to measure value. Here they are.

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A step-by-step guide to setting up a data governance program

IBM Big Data Hub

In our last blog , we delved into the seven most prevalent data challenges that can be addressed with effective data governance. Today we will share our approach to developing a data governance program to drive data transformation and fuel a data-driven culture. Don’t try to do everything at once!

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Whether your technology is new or old, lifecycle management is key

CIO Business Intelligence

You can still use your older phone for calls but suddenly, you can’t load new apps and it becomes easier for data to leak. Your risk of data breach increases as soon as your assets are no longer protected from cyberthreats. The same principle applies to infrastructure.