Smart Data Collective

OCTOBER 15, 2021

Big data technology has been a highly valuable asset for many companies around the world. Countless companies are utilizing big data to improve many aspects of their business. Some of the best applications of data analytics and AI technology has been in the field of marketing. Data-Driven Marketing is More Important than Ever.

Big Data 139

Big Data Marketing Advertising Data-driven 139

CIO Business Intelligence

JUNE 27, 2022

“Too often, technology companies pay consulting or analyst firms to create metrics based on the best characteristics of their offerings,” says Judith Hurwitz, CEO of Hurwitz Strategies, an emerging technology consulting firm. When studying a metric, it’s important to know who created it and the data source.

Metrics 133

Metrics KPI IT Consulting 133

IBM Big Data Hub

OCTOBER 25, 2023

Here’s how CTOs and CIOs can evaluate their technology and data estates, assess the opportunity and chart a path forward. Code generation: Code generation helps IT leaders overcome challenges related to developer bandwidth and optimizing the skills of a limited talent pool.

Cost-Benefit 88

Cost-Benefit ROI Modeling Testing 88

Smart Data Collective

FEBRUARY 15, 2022

Data analytics has become a very important part of business management. Large corporations all over the world have discovered the wonders of using big data to develop a competitive edge in an increasingly competitive global market. American Express is an example of a company that has used big data to improve its business model.

Marketing 103

Marketing Data Analytics Analytics Big Data 103

IBM Big Data Hub

APRIL 21, 2023

At IBM Consulting , our finance consulting practitioners have seen first-hand how the CFO can help foster enterprise-wide change. These are the consultants that are often engaging with collaborative CFOs on ways to deliver new value- and work-streams within the finance function, as well as across the enterprise too.

Finance 79

Finance Consulting Enterprise Data-driven 79

datapine

MAY 21, 2019

“BI is about providing the right data at the right time to the right people so that they can take the right decisions” – Nic Smith. Data analytics isn’t just for the Big Guys anymore; it’s accessible to ventures, organizations, and businesses of all shapes, sizes, and sectors. And the success stories are seemingly endless.

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards Slice and Dice 183

Jet Global

FEBRUARY 18, 2020

Gary Melling is the President and CEO of Acquired Insights, a firm that designs customized AI applications and tech-driven strategic initiatives. We hear about companies becoming “data-driven.” What’s distinct about working with digital data compared to the insights of the past? Healthcare is another example.

Data-driven 64

Data-driven Machine Learning Cost-Benefit ROI 64

Smart Data Collective

MAY 17, 2023

Businesses are also using AI-driven ERP software. AI-Driven ERP Tools Are Becoming More Important than Ever AI tools are becoming more common in enterprise software. ERP systems have been stagnant for decades in managing and processing enterprise data. Using ERP software that utilizes AI technology will change this process.

Enterprise 95

Enterprise Cost-Benefit Software Data-driven 95

Smart Data Collective

FEBRUARY 21, 2021

Data analytics is very important to the future of marketing. A growing number of marketers are using data analytics technology to optimize their lead generation models. One of the most important benefits of using data analytics is that it can improve AI algorithms. Combining Data Analytics with Your Lead Generation Model.

Strategy 99

Strategy Data Analytics Analytics Data-driven 99

IBM Big Data Hub

NOVEMBER 30, 2023

A talent acquisition strategy is a comprehensive plan an organization develops to optimize its talent acquisition—the identification, attraction and retention of the right talent. Streamline the application process: Minimize the number of steps required and optimizing the application platform for user-friendliness.

Strategy 67

Strategy Cost-Benefit Consulting Data-driven 67

IBM Big Data Hub

JUNE 26, 2023

For today’s IT professionals, AIOps is also one of the fastest ways to realize tangible ROI from digital transformation investments. Automation is often centered on efforts to optimize spend, achieve greater operational efficiency and incorporate new and innovative technologies, which often translate into a better customer experience.

Digital Transformation 55

Digital Transformation Cost-Benefit ROI Data-driven 55

Smarten

DECEMBER 13, 2022

Business Use Cases Paint a Clear Picture of Results for Citizen Data Scientists! As businesses plan for data democratization, it is important to include a strategy to ensure that business users will accept augmented analytics solutions and adapt to the new Citizen Data Scientist role. Optimize resources. Manage costs.

Cost-Benefit 52

Cost-Benefit B2B Optimization Predictive Modeling 52

datapine

JANUARY 24, 2021

In our cutthroat digital age, the importance of setting the right data analysis questions can define the overall success of a business. That being said, it seems like we’re in the midst of a data analysis crisis. Your Chance: Want to perform advanced data analysis with a few clicks? Data Is Only As Good As The Questions You Ask.

IT 317

IT Statistics KPI Data-driven 317

CIO Business Intelligence

MAY 2, 2023

Other well-known GenAI applications can generate narrative text to summarize or query large volumes of data, generate images and video in response to descriptive phrases, or even generate complex code based on natural language questions. James Caton : We’re already seeing a lot of data-driven innovation in the industry.

Cost-Benefit 94

Cost-Benefit Sales Visualization ROI 94

AWS Big Data

OCTOBER 26, 2023

times better price-performance than other cloud data warehouses on real-world workloads using advanced techniques like concurrency scaling to support hundreds of concurrent users, enhanced string encoding for faster query performance, and Amazon Redshift Serverless performance enhancements. Amazon Redshift delivers up to 4.9

Data Warehouse 91

Data Warehouse Cost-Benefit Dashboards Optimization 91

Sisense

MARCH 23, 2020

Money never sleeps and neither does your data. In Monetizing Your Data , we look at digital transformation: the ways of turning data into new revenue streams and apps that boost income, increase stickiness, and help your company thrive in the world of Big Data.

Analytics 64

Analytics Data-driven Consulting Marketing 64

CDW Research Hub

NOVEMBER 11, 2020

Staying ahead of increasing and evolving cybersecurity threats is a continuous effort that requires both a relentless focus on advancing your security posture and an optimized security stack that delivers on the promises made at purchase. Are there ways to optimize the current cost of our security posture? But is that really true?

Optimization 52

Optimization Cost-Benefit Snapshot Testing 52

IBM Big Data Hub

MARCH 29, 2024

It is incumbent upon the company to optimize that customer’s experience to encourage repeat customers and grow a healthy customer base. Collect customer feedback Collect, analyze and distribute customer data through reviews and surveys. It’s also important to track and analyze social media conversations about your brands.

Strategy 63

Strategy Cost-Benefit Key Performance Indicator Marketing 63

CDW Research Hub

JULY 12, 2021

Creating a modern data platform that can support your current and future needs is critical in a data-driven organization. Business leaders need to be able to access data quickly —and to trust the accuracy of that data—to make better decisions. It is a faster way to manage data. It offers great ROI.

Data Governance 52

Data Governance ROI Big Data Data-driven 52

Sisense

FEBRUARY 26, 2020

We all know that data is becoming more and more essential for businesses, as the volume of data keeps growing. Dresner reported that nearly 97% of respondents in their Big Data Analytics Market Study consider Big Data to be either important or critical to their businesses. Become data-driven to succeed.

Digital Transformation 90

Digital Transformation Analytics Cost-Benefit Data-driven 90

Occam's Razor

FEBRUARY 25, 2013

This blog is centered around creating incredible digital experiences powered by qualitative and quantitative data insights. Every post is about unleashing the power of digital analytics (the potent combination of data, systems, software and people). Let's calculate the ROI of digital analytics. So, what is ROI?

Analytics 142

Analytics ROI Marketing Modeling 142

Alation

JANUARY 10, 2023

And implementing a data catalog is no different. From helping analysts search and find the data they need to promoting data as an asset, there are many ways data catalogs can add value to your organisation. Three reasons companies adopt a data catalog. Starting a data strategy journey.

ROI 52

ROI Data Lake Strategy Data-driven 52

Anmut

MARCH 22, 2023

Data maturity models are a crucial step for any organisation looking to improve their data, informing if your current data practices are helping, or holding back, your business. ? Organisations that reach the highest stage of data maturity achieve a market value increase of up to 500%, compared to lower maturity organisations.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

Smart Data Collective

SEPTEMBER 9, 2022

Data-driven ecommerce companies have a strong advantage over their competitors. As we stated before, data-driven marketing strategies are extremely valuable for ecommerce companies. What kind of ROI can big data offer for the ecommerce sector? What data does your online store need to transfer?

Data-driven 138

Data-driven Big Data ROI Manufacturing 138

Smart Data Collective

NOVEMBER 29, 2021

Data analytics has become a very important element of success for modern businesses. Many business owners have discovered the wonders of using big data for a variety of common purposes, such as identifying ways to cut costs, improve their SEO strategies with data-driven methodologies and even optimize their human resources models.

Data Analytics 111

Data Analytics Analytics Big Data B2B 111

Jedox

APRIL 23, 2020

Data-driven analytics to speed up decisions and actions. Implementation of existing SPM software takes too much time and resources, jeopardizing the short-term ROI and posing long-term risks as business strategy changes over time. Fixed Data Model. The customer is required to align the processes and data with the tool.

Sales 52

Sales Management B2B Dashboards 52

IBM Big Data Hub

SEPTEMBER 11, 2023

The bulk of these uncertainties do not revolve around what software package to pick or whether to migrate to the cloud; they revolve around how exactly to apply these powerful technologies and data with precision and control to achieve meaningful improvements in the shortest time possible.

Data-driven 90

Data-driven IT Measurement Cost-Benefit 90

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

by THOMAS OLAVSON Thomas leads a team at Google called "Operations Data Science" that helps Google scale its infrastructure capacity optimally. Others argue that there will still be a unique role for the data scientist to deal with ambiguous objectives, messy data, and knowing the limits of any given model.

Forecasting 113

Forecasting Data Science Statistics Uncertainty 113

Occam's Razor

AUGUST 13, 2012

The questions reveal a bunch of things we used to worry about, and continue to, like data quality and creating data driven cultures. Then you build a massive data store that you can query for data to analyze. A lot of people buy tools and consulting and go love crazy with attribution modeling. EU Cookies!)

Modeling 124

Modeling Metrics Data Quality Data-driven 124

DataRobot Blog

NOVEMBER 9, 2017

I’ve spent my entire career as a data scientist watching some “real” data scientists look down their noses at other “fake” data scientists. I’ve even seen Foxworthy-esque articles informing people that they “might be a fake data scientist if…” Ultimately, none of this is particularly helpful.

Machine Learning 52

Machine Learning Data-driven Software Sales 52

Occam's Razor

AUGUST 22, 2011

Be data driven?" Six Rules For Creating A Data Driven Boss! Be data driven?" Slay The Analytics Data Quality Dragon & Win Your HiPPO's Love! Web Data Quality: A 6 Step Process To Evolve Your Mental Model. The Ultimate Web Analytics Data Reconciliation Checklist.

KPI 124

KPI Metrics Measurement ROI 124

Jet Global

MAY 1, 2023

By leveraging data analysis to solve high-value business problems, they will become more efficient. This is in contrast to traditional BI, which extracts insight from data outside of the app. that gathers data from many sources. These tools prep that data for analysis and then provide reporting on it from a central viewpoint.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52

Andrew White

JANUARY 11, 2021

It was titled, The Gartner 2021 Leadership Vision for Data & Analytics Leaders. This was for the Chief Data Officer, or head of data and analytics. The fill report is here: Leadership Vision for 2021: Data and Analytics. As with any good consulting response, “it depends.” It really does.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Occam's Razor

JULY 6, 2015

A thing three that shares optimally aligned See-Think-Do-Care metrics! There is a ton of pressure to show ROI, in 24 hours (!!). ." Remember, there was little data to know what worked – hence what might have worked in the past was repeated. You need data! But, let's start with the core intent of my post.

Measurement 158

Measurement Marketing Metrics Strategy 158

Occam's Razor

MARCH 23, 2010

Part of it fueled by some Consultants. My problem with these mistruths and FUD is that they result in a ton of practitioners and companies making profoundly sub optimal choices, which in turn results in not just much longer slogs but also spectacular career implosions and the entire web analytics industry suffering. This is sad.

Analytics 118

Analytics Consulting Metrics Experimentation 118

Jet Global

SEPTEMBER 26, 2023

John Lawrence, Partner & CFO, Wavecrest Growth Partners: Lawrence, a Partner & CFO at Wavecrest since 2017, previously ran a consulting firm and served as CFO for private equity and venture capital firms. Those are all difficult questions to ask and answer when you don’t have the data at your fingertips.

Marketing 52

Marketing Finance Reporting Operational Reporting 52

Occam's Razor

JUNE 28, 2010

We have more web metrics and data than there are stars in the universe (slight exaggeration!). A large part of the reason is that a large part of our job seems to consist of glorified data puking, hoping someone will be impressed. After all there is so much data in those reports!! Yet we stink at informing decisions.

Metrics 111

Metrics Key Performance Indicator Data-driven Marketing 111