Smart Data Collective

JULY 21, 2022

Data analytics is incredibly valuable for helping people. More institutions are recognizing this, so the market for data analytics in education is projected to be worth over $57 billion by 2030. We have previously talked about the many ways that big data is disrupting education.

Data-driven 135

Data-driven Big Data Cost-Benefit Data Analytics 135

Smart Data Collective

APRIL 25, 2022

Digital transformation has been a goal for many organizations in recent years, and the shift to remote and hybrid working arrangements has only made this desire to future-proof their business more immediate. However, this transition isn’t easy and wouldn’t be possible without major advances in big data technology.

Big Data 111

Big Data Cost-Benefit Digital Transformation Technology 111

datapine

DECEMBER 11, 2019

“Software as a service” (SaaS) is becoming an increasingly viable choice for organizations looking for the accessibility and versatility of software solutions and online data analysis tools without the need to rely on installing and running applications on their own computer systems and data centers.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

datapine

MARCH 11, 2020

As digital transformation evolves, and more businesses begin to harness the power of digital technologies, the rate at which we are creating data is rising by the second. As such, we have to find approaches to data analytics and business intelligence. a) IT project management dashboard. click to enlarge**.

Business Intelligence 165

Business Intelligence Analytics Dashboards Visualization 165

Sisense

APRIL 17, 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. Experiment to guide a winning data strategy.

Data Strategy 81

Data Strategy Strategy Digital Transformation Data Warehouse 81

Cloudera

OCTOBER 30, 2023

Agility, innovation, and time-to-value are the key differentiators cloud service providers (CSP) claim to help organizations speed up digital transformation projects and business objectives. The main challenges are pointed out as a lack of resources/expertise, security, and from a different perspective, cloud cost management.

Analytics 79

Analytics Cost-Benefit ROI Business Objectives 79

CIO Business Intelligence

JUNE 1, 2022

Meanwhile, the digital twin market is set to grow at a 50% compound annual growth rate, reaching $184.5 For businesses like the McLaren Group, these two trends are at the core of the conglomerate’s digital transformation and competitive strategy, on and off the track. . Intel® Technologies Move Analytics Forward.

Manufacturing 98

Manufacturing Digital Transformation Predictive Analytics Strategy 98

CIO Business Intelligence

FEBRUARY 26, 2024

Here, in an extract from his book, AI for Business: A practical guide for business leaders to extract value from Artificial Intelligence , Peter Verster, founder of Northell Partners, a UK data and AI solutions consultancy, explains four of them. Agility Around 86% of software development companies are agile, and with good reason.

Experimentation 113

Experimentation Cost-Benefit Digital Transformation Risk 113

datapine

MARCH 15, 2019

At present, 53% of businesses are in the process of adopting big data analytics as part of their core business strategy – and it’s no coincidence. To win on today’s information-rich digital battlefield, turning insight into action is a must, and online data analysis tools are the very vessel for doing so. ER Wait Time.

Technology 143

Technology Cost-Benefit KPI Dashboards 143

CIO Business Intelligence

SEPTEMBER 14, 2023

To a large extent that’s on the money, as Nasdaq, which originated as a digital system for distributing market data in 1971, today owns and operates 27 stock exchanges and sells its exchange software to more than 100 exchanges globally. That’s because, says Peterson, Nasdaq’s tech stack is the best exchange software out there.

Risk Management 107

Risk Management Risk Marketing Cost-Benefit 107

IBM Big Data Hub

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms.

Cost-Benefit 78

Cost-Benefit Scorecard Risk Recreation/Entertainment 78

IBM Big Data Hub

NOVEMBER 3, 2023

In the age of constant digital transformation, organizations should strategize ways to increase their pace of business to keep up with — and ideally surpass — their competition. As a result, I see access to real-time data as a necessary foundation for building business agility and enhancing decision making.

Cost-Benefit 74

Cost-Benefit Experimentation Testing Digital Transformation 74

AWS Big Data

DECEMBER 21, 2023

The data volume is in double-digit TBs with steady growth as business and data sources evolve. smava’s Data Platform team faced the challenge to deliver data to stakeholders with different SLAs, while maintaining the flexibility to scale up and down while staying cost-efficient.

Data Lake 89

Data Lake Data Warehouse Data-driven B2B 89

Cloudera

MAY 3, 2021

Pages can be written on this topic, from addressing proof of concept scale-up planning and execution to organizational changes that are needed for successful digital transformation. data is generated – at the Edge. Benefits of Streaming Data for Business Owners. Why is this? Organizational Access.

Cost-Benefit 103

Cost-Benefit Digital Transformation Data Lake Enterprise 103

AWS Big Data

APRIL 26, 2023

The data enrichment starts with an Oracle Database (Software Parts) that contains part numbers that are related to software. Because semiconductors are the basis for running software, this database builds the foundation of our data processing. It also reduces the costs by paying only for the time jobs are running.

Forecasting 122

Forecasting Manufacturing Data Lake Big Data 122

CIO Business Intelligence

MAY 31, 2022

When we see IT as the ‘go-to’ function for cost take-out and budget reductions, our concern is that IT leadership has not been able to deliver a narrative around business outcomes and value creation,” she says. Remember, too, that gadgets and software are only one piece of the puzzle. Widen your scope.

IT 117

IT Cost-Benefit Risk Enterprise 117

Cloudera

SEPTEMBER 24, 2021

Initially, network monitoring and service assurance systems like network probes tended not to persist information: they were designed as reactive, passive monitoring tools that would allow you to see what was going on at a point in time, after a network problem had occurred, but the data was never retained.

Analytics 96

Analytics IoT Cost-Benefit Big Data 96

IBM Big Data Hub

FEBRUARY 14, 2024

Generative AI can produce high-quality text, images and other content based on the data used for training. IBM Research is working to help its customers use generative models to write high-quality software code faster, discover new molecules , and train trustworthy conversational chatbots grounded on enterprise data.

Cost-Benefit 82

Cost-Benefit Insurance Unstructured Data Machine Learning 82

Smarten

NOVEMBER 9, 2022

When a business decides to tackle data democratization and bring data analytics to its business users, it can often fail to comprehensively plan for success. While selecting the right augmented analytics solution is crucial, the business team must also plan for user adoption and solution acceptance.

Analytics 52

Analytics ROI Cost-Benefit Consulting 52

Sisense

MARCH 26, 2021

Companies surveyed by Harvard Business Review Analytic Services (HBR) report that two of the most important strategic benefits of using data analytics are (1) identifying new revenue and business models and (2) becoming more innovative. Harvard Business Review Analytics Services Pulse Report for Sisense, March 2021.

Analytics 98

Analytics Data-driven Dashboards Experimentation 98

IBM Big Data Hub

JULY 25, 2023

Smart grid technology—an integral part of energy’s digital transformation—promises to modernize the traditional electrical system with an infusion of digital intelligence that helps energy providers transition to clean energy and reduce carbon emissions. transformers, substations and power lines) in real-time.

Optimization 56

Optimization Technology Measurement Cost-Benefit 56

IBM Big Data Hub

JULY 26, 2023

In the era of digital transformation, digital twins are emerging as a potent solution to energy production challenges. Digital twins can also simulate the impact of new regulations and/or technologies, helping the industry continue to adapt as technology advances and proliferates.

Technology 53

Technology Cost-Benefit Optimization Internet of Things 53

CIO Business Intelligence

MAY 16, 2022

Data is key to improving operational efficiencies. Queue management also benefits from computer vision, where potential queue or wait times at concession stands are alleviated through fan notifications and dynamic staffing. Benefits of real-time situational awareness and insights for the entertainment industry.

Recreation/Entertainment 78

Recreation/Entertainment Broadcasting Cost-Benefit Advertising 78

Andrew White

JANUARY 11, 2021

This was for the Chief Data Officer, or head of data and analytics. Gartner also published the same piece of research for other roles, such as Application and Software Engineering. With a success behind you, sell that experience as the kind of benefit you can help improve. Link Data to Business Outcomes.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Sisense

MARCH 25, 2020

The combined forces of globalization and technology are transforming our workplaces in a multitude of ways: AI is entering the mainstream and it promises new levels of efficiency and cost savings for businesses. The companies set to prosper in the new landscape are those that pioneer the application of digital tools and processes.

Software 69

Software Data-driven Cost-Benefit Big Data 69

erwin

JUNE 11, 2020

Several hospitals have also employed data intelligence tools in their services and operational processes. These hospitals are making use of dashboards that provide summary information on hospital patient trends, treatment costs, and waiting times. How Business Benefits from Data Intelligence. Expanding big data.

Key Performance Indicator 103

Key Performance Indicator KPI Data-driven Machine Learning 103

CIO Business Intelligence

MAY 28, 2022

Among the issues that led to an overfull pipeline included department heads pushing for pet projects that may not have strategic benefits for enterprise at large, the classification of too many big projects with iffy ROI as urgent, and what Das calls “big, shiny ideas,” like crypto projects that have not been properly vetted.

IT 134

IT ROI Cost-Benefit Technology 134

CIO Business Intelligence

MAY 25, 2022

Among the issues that led to an overfull pipeline included department heads pushing for pet projects that may not have strategic benefits for enterprise at large, the classification of too many big projects with iffy ROI as urgent, and what Das calls “big, shiny ideas,” like crypto projects that have not been properly vetted.

IT 114

IT ROI Cost-Benefit Technology 114

CIO Business Intelligence

JANUARY 23, 2024

Regardless of where organizations are in their digital transformation, CIOs must provide their board of directors, executive committees, and employees definitions of successful outcomes and measurable key performance indicators (KPIs). As a result, outcome-based metrics should be your guide.

Measurement 125

Measurement Digital Transformation KPI Metrics 125

AWS Big Data

OCTOBER 18, 2023

The support to run Spark SQL through the StartJobRun API in EMR on EKS has further enabled FINRA’s innovation in data analytics. About the authors Amit Maindola is a Senior Data Architect focused on big data and analytics at Amazon Web Services. or later installed.

Big Data 81

Big Data Data Processing Interactive Testing 81

IBM Big Data Hub

AUGUST 11, 2023

Implementing such solutions could be the key to a new era of productivity for your organization, but implementing new and expansive IT software can be intimidating. Proper planning and preparation will contribute to a successful MES implementation and maximize its benefits for your organization.

Software 68

Software Manufacturing Cost-Benefit ROI 68

Grooper

AUGUST 19, 2019

C-level executives and professionals alike must learn to speak a new language - data. This critical capability propels organizations forward in today's digital-first era. The benefit of speaking data, a.k.a. ISL is also the foundation for the process of transforming data into wisdom and successful master data management.

Analytics 54

Analytics Machine Learning Data Science Data-driven 54

AWS Big Data

APRIL 26, 2023

It helps engineers, analysts and businesses access the most up-to-date release of the software asset that bring accuracy to the decision-making process. The DevOps practices which revolutionized software engineering in the last decade have yet to come to the world of Business Intelligence solutions.

Metadata 52

Metadata Dashboards Visualization Consulting 52

CIO Business Intelligence

AUGUST 16, 2022

Elaborating on some points from my previous post on building innovation ecosystems, here’s a look at how digital twins , which serve as a bridge between the physical and digital domains, rely on historical and real-time data, as well as machine learning models, to provide a virtual representation of physical objects, processes, and systems.

Visualization 143

Visualization Cost-Benefit IoT ROI 143

IBM Big Data Hub

APRIL 4, 2024

The need for private cloud settings is also closely linked to a hybrid cloud approach—the integration of on-premises, private cloud and public cloud into a single, flexible IT infrastructure—which is an essential part of the enterprise-business digital transformation journey. Adobe Creative Suite, Slack).

Data Processing 91

Data Processing Cost-Benefit Software Digital Transformation 91

IBM Big Data Hub

FEBRUARY 6, 2024

This infrastructure model relies on a network of remote data centers , servers and storage systems owned and operated by a third-party service provider. According to the most recent IBM Transformation Index: State of Cloud , more than 77% of respondents have adopted a hybrid cloud approach to help drive digital transformation.

Cost-Benefit 99

Cost-Benefit Digital Transformation Software Modeling 99

CIO Business Intelligence

APRIL 22, 2024

As such, Scavuzzo and his team look for technologies that do way more than boost productivity or cut costs. Rather, it’s about transformation “with technology as a core component. Companies often hire Marcum to handle all their accounting needs, and in the past Marcum used whatever software those clients had in place.

IT 98

IT Data-driven Strategy Consulting 98