IBM Big Data Hub

FEBRUARY 9, 2023

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!

Data Governance 85

Data Governance Business Objectives Strategy Data Quality 85

IBM Big Data Hub

JANUARY 5, 2023

Poor data quality is one of the top barriers faced by organizations aspiring to be more data-driven. 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.

Data Quality 52

Data Quality Data Architecture Strategy Data Lake 52

Alation

MARCH 14, 2023

Data gathering and use pervades almost every business function these days — and it’s widely acknowledged that businesses with a clear strategy around data are best placed to succeed in competitive, challenging markets such as defence. What is a data strategy? Why is a data strategy important?

Data Strategy 52

Data Strategy Strategy Metadata Data Quality 52

CIO Business Intelligence

FEBRUARY 13, 2024

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.

Metrics 140

Metrics IT ROI Measurement 140

CIO Business Intelligence

FEBRUARY 27, 2024

Then, you should link your infrastructure adoption and governance strategy to specific business outcomes. 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.

Technology 105

Technology Management Manufacturing Cost-Benefit 105

Cloudera

SEPTEMBER 19, 2023

Adding another position may not be terribly appealing, but there is one C-suite role every company should consider—chief data and analytics officer (CDO or CDAO). The CDO is an essential role in a data-driven organization. That being the case, you need a CDO to spearhead and defend that strategy.

IT 76

IT Data Strategy ROI Data-driven 76

FineReport

JULY 26, 2021

When implemented effectively, a successful BI strategy will reach every corner of the organization, having a positive impact and enabling people to make the right decisions quickly. What is business intelligence strategy? At the same time, enterprises can use the BI strategy to gradually reach various business objectives.

Business Intelligence 52

Business Intelligence Strategy Cost-Benefit Data-driven 52

FineReport

JULY 26, 2021

When implemented effectively, a successful BI strategy will reach every corner of the organization, having a positive impact and enabling people to make the right decisions quickly. What is business intelligence strategy? At the same time, enterprises can use the BI strategy to gradually reach various business objectives.

Business Intelligence 52

Business Intelligence Strategy Cost-Benefit Data-driven 52

datapine

JUNE 15, 2023

These analytical tools allow decision-makers to get a sense of their performance in a number of areas and extract valuable insights to inform their future strategies and boost growth. In the past, these reports were used after a month or even a year since the data being displayed was generated.

Reporting 207

Reporting Cost-Benefit Dashboards Sales 207

Andrew White

NOVEMBER 1, 2019

The main angle was from the point of view of a university, but the point was related to business too: They (strategies) take too long to draft or define. Most of these strategies were effectively based on faith, hope, and charity. We have tried mightily to help organizations recognize what strategy is meant to be.

Strategy 56

Strategy Analytics Data-driven Data Strategy 56

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

AUGUST 23, 2022

To address this requirement and ensure seamless connectivity, organizations are rapidly adopting consumption-driven NaaS models to balance the cost of their network growth with the digital experience of their stakeholders. Obtaining more insight into hidden costs (e.g.,

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

CIO Business Intelligence

JUNE 5, 2023

However, the latest and largest UNGC-Accenture CEO study revealed that 91% of CEOs report insufficient technology solutions as a barrier to seizing opportunities in the net-zero transition, building resilience in their organization, and overcoming current volatility in the business landscape.

Software 105

Software Measurement Visualization Business Objectives 105

datapine

JULY 17, 2019

Experts predict that by 2025, around 175 Zettabytes of data will be generated annually, according to research from Seagate. But with so much data available from an ever-growing range of sources, how do you make sense of this information – and how do you extract value from it? Get our free guide! What Is A KPI? What Is A KPI Report?

KPI 223

KPI Reporting Key Performance Indicator Dashboards 223

CIO Business Intelligence

JUNE 21, 2022

IT governance should be well-defined, clearly understood, and led by principles that reflect your organization’s mission, vision, and strategy, advises Donna Bales, principal research director at Info-Tech Research Group. By that time, governance structures are rushed and risk mitigation measures lose their effectiveness.”.

IT 116

IT Risk Measurement Risk Management 116

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. Strategies to transform IT for digital success include the following. Consider the findings of a report from professional services firm Accenture.

IT 137

IT Consulting Scorecard Key Performance Indicator 137

O'Reilly on Data

JULY 28, 2020

It sounds simplistic to state that AI product managers should develop and ship products that improve metrics the business cares about. It’s often difficult for businesses without a mature data or machine learning practice to define and agree on metrics. Agreeing on metrics.

Marketing 362

Marketing Experimentation Metrics Testing 362

CIO Business Intelligence

JUNE 12, 2023

COBIT is an IT management framework developed by the ISACA to help businesses develop, organize, and implement strategies around information management and IT governance. Overall, COBIT 2019 is designed to give businesses more flexibility when customizing an IT governance strategy. What is COBIT and why is it important?

Risk Management 94

Risk Management Strategy Digital Transformation Enterprise 94

IBM Big Data Hub

JANUARY 10, 2023

Without a doubt, there is exponential growth in the access to and volume of process data we all, as individuals, have at our fingertips. Not only can data support a more compelling change management strategy, but it’s also able to identify, accelerate and embed change faster, all of which is critical in our continuously changing world.

Management 52

Management Data-driven Data mining Business Objectives 52

datapine

FEBRUARY 9, 2024

An even more interesting fact: The blogs we read regularly are not only influenced by KPI management but also concerning content, style, and flow; they’re often molded by the suggestions of these goal-driven metrics. The process helps businesses and decision-makers measure the success of their strategies toward achieving company goals.

KPI 221

KPI Management Key Performance Indicator Measurement 221

Jet Global

NOVEMBER 22, 2021

According to Gartner , CPM is “an umbrella term that describes the methodologies, metrics, processes and systems used to monitor and manage the business performance of an enterprise.”. Companies use CPM to measure their performance against their stated objectives, goals, and strategies. What Is CPM and What Does It Do?

Software 98

Software Management Finance Dashboards 98

datapine

MARCH 22, 2019

Today’s tech-savvy customers are driven by experiences. Moreover, measuring these metrics will also avert potential customer frustrations, monitor customer satisfaction levels, and give you a more concrete, informed idea of how your customer-facing team is doing. How To Measure Customer Satisfaction?

Metrics 134

Metrics Dashboards Measurement Interactive 134

Jet Global

MAY 10, 2019

Under scrutiny to demonstrate the value they add to a company’s strategy, many human resources (HR) departments are turning to analytics supported by key performance indicators (KPIs) and metrics. In today’s data-driven world, the role of HR is changing from an administrative and operational function to a more strategic and advisory one.

KPI 75

KPI Management Key Performance Indicator Dashboards 75

datapine

MARCH 31, 2022

4) Business Intelligence Job Roles. Does data excite, inspire, or even amaze you? Do you find computer science and its applications within the business world more than interesting? Why Shift To A Business Intelligence Career? 2) Top 10 Necessary BI Skills. 3) What Are the First Steps To Getting Started?

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

CIO Business Intelligence

NOVEMBER 2, 2023

Rapid advancements in artificial intelligence (AI), particularly generative AI are putting more pressure on analytics and IT leaders to get their houses in order when it comes to data strategy and data management. But the enthusiasm must be tempered by the need to put data management and data governance in place.

Data Strategy 137

Data Strategy Strategy Sales Data Governance 137

IBM Big Data Hub

JUNE 23, 2023

As the name suggests, it generates images, music, speech, code, video or text, while it interprets and manipulates preexisting data. For F&A leaders, this means that it may have the ability to transform financial data, such as business performance reports, commentary and narratives.

Finance 67

Finance Reporting Cost-Benefit Modeling 67

Anmut

MARCH 24, 2022

A closer look at the importance (and transformational value) of your organisation’s data landscape. After decades in the background, data is currently king of the business world. What is a data landscape? The definition of data landscape differs depending on the context and who you ask.

ROI 52

ROI Measurement Data-driven Data Transformation 52

datapine

JULY 3, 2019

In a hyper-connected digital world driven by data, there has never been a better time for businesses to gather meaningful insights on their target prospects, in addition to measuring ongoing levels of commercial growth and performance. However, to enjoy the best possible ROI, it’s vital to measure your success accurately.

Metrics 219

Metrics KPI Strategy ROI 219

Jim Harris

JUNE 29, 2015

I am reading The New IT: How Technology Leaders are Enabling Business Strategy in the Digital Age by Jill Dyché. Order Taking — Enables technology delivery to various lines of business through formal processes for incoming requests and pipeline management, tracking progress, scheduling delivery, and releasing updates.

IT 40

IT Business Objectives Data-driven Optimization 40

CIO Business Intelligence

MAY 13, 2024

Lawrence Bilker can easily articulate the business values that his IT initiatives should deliver: better experiences for both employees and customers, more insights from data to enable smarter decision-making, and more intelligence for improved operations. I believe we’re in a post-alignment world.

IT 124

IT Digital Transformation ROI Strategy 124

IBM Big Data Hub

MARCH 6, 2024

As businesses adapt to the evolving digital landscape, cloud migration became an important step toward achieving greater efficiency, scalability and security. Cloud migration is the process of transferring data, applications and on-premises infrastructure to a cloud computing environment. Why migrate to the cloud?

Optimization 83

Optimization Strategy Cost-Benefit Testing 83

AWS Big Data

MARCH 26, 2024

This view is used to identify patterns and trends in customer behavior, which can inform data-driven decisions to improve business outcomes. 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.

Data Strategy 70

Data Strategy Strategy Data Warehouse Prescriptive Analytics 70

BizAcuity

APRIL 1, 2023

Thanks to the recent technological innovations and circumstances to their rapid adoption, having a data warehouse has become quite common in various enterprises across sectors. However, many businesses seem to face a lot of challenges, which includes ensuring a ‘single source of truth’ across the organization.

Business Intelligence 52

Business Intelligence Consulting KPI Data Warehouse 52

CIO Business Intelligence

FEBRUARY 6, 2023

Executive leaders of small businesses and startups frequently lament that they lack the same access to data and insights that enterprise competitors and other more entrenched players enjoy. The solution: business intelligence tools While mindset is a difficult obstacle to overcome, technology and budget are easier ones to surmount.

Business Intelligence 91

Business Intelligence Forecasting Marketing Sales 91

BizAcuity

JANUARY 31, 2023

Thanks to the recent technological innovations and circumstances to their rapid adoption, having a data warehouse has become quite common in various enterprises across sectors. However, many businesses seem to face a lot of challenges, which includes ensuring a ‘single source of truth’ across the organization.

Business Intelligence 52

Business Intelligence Consulting KPI Data Warehouse 52

Smart Data Collective

APRIL 20, 2023

Companies are spending nearly $30 billion a year on big data for marketing initiatives. One of the many reasons that they are using big data is to create better content marketing strategies. A content marketing strategy can help businesses establish brand awareness, increase conversions, and connect with their target audience.

Marketing 79

Marketing Strategy Big Data ROI 79

datapine

JUNE 13, 2019

There are also different types of sales reports that will focus on different aspects: the sales performance in general, detailing the revenue generated, the sales volume evolution, measuring it against the sales target pre-set, the customer lifetime value, etc. Visualize the data to communicate it better.

Sales 264

Sales Reporting KPI B2B 264