CIO Business Intelligence

FEBRUARY 10, 2023

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. As such it can help adopters find ways to save and earn money.

Predictive Analytics 140

Predictive Analytics Analytics Predictive Modeling Forecasting 140

Jet Global

JULY 6, 2022

Data discovery, also known as data analysis for business users, is one of the top business intelligence trends for 2022. Let’s take a look at how industries like yours are making use of data analytics tools to find patterns and derive insights from data. How do you control costs and also keep up with compliance?

Finance 52

Finance Reporting Software Sales 52

Smart Data Collective

MARCH 2, 2023

In 2023, big data Is no longer a luxury. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. Companies which require immediate business funding are using data analytics tools to research and better understand their options.

Big Data 81

Big Data Uncertainty Risk Data mining 81

Cloudera

OCTOBER 30, 2023

The public cloud is increasingly becoming the preferred platform to host data analytics – related projects, such as business intelligence, machine learning (ML), and AI applications. The main challenges are pointed out as a lack of resources/expertise, security, and from a different perspective, cloud cost management.

Analytics 77

Analytics Cost-Benefit ROI Business Objectives 77

CIO Business Intelligence

OCTOBER 6, 2023

Business analysts (BAs) are responsible for bridging the gap between IT and the business using data analytics to assess processes, determine requirements, and deliver data-driven recommendations and reports to executives and stakeholders. What is a business analyst?

IT 126

IT Business Analysis Key Performance Indicator Cost-Benefit 126

DataKitchen

AUGUST 27, 2021

Marketing invests heavily in multi-level campaigns, primarily driven by data analytics. This analytics function is so crucial to product success that the data team often reports directly into sales and marketing. Figure 3: The vast and varied types of analytics required during the launch phase.

Analytics 246

Analytics Sales Testing Cost-Benefit 246

IBM Big Data Hub

APRIL 4, 2024

In a report from Technavio (link resides outside ibm.com), the private cloud services market size is estimated to grow at a CAGR of 26.71% between 2023 and 2028, and it is forecast to increase by USD 619.08 Private cloud combines the main benefits of cloud computing—chiefly on-demand access to computing resources (e.g.,

Data Processing 93

Data Processing Cost-Benefit Software Digital Transformation 93

IBM Big Data Hub

JANUARY 30, 2024

Increasingly, enterprise organizations are adopting a multicloud approach—the use of cloud services from more than one cloud vendor—to optimize performance, control costs and prevent vendor lock-in. Data silos: With data spread across multiple clouds and platforms, an organization risks creating data silos.

Strategy 93

Strategy Cost-Benefit Risk Optimization 93

CIO Business Intelligence

OCTOBER 3, 2023

Another research company, Mordor Intelligence, is forecasting annual CAGR of 19.8 These tools bring benefits beyond automation. These could include cost savings, increased efficiency, better customer experiences or enhanced competitive advantage. Managing change and communicating the benefits effectively will be crucial.

Cost-Benefit 108

Cost-Benefit Machine Learning Interactive Software 108

Smart Data Collective

FEBRUARY 2, 2021

Consumers are generating huge amounts of data at a rapid rate, and it is estimated that up to 90% of all data was generated only in the past two years. The implementation of Big Data has huge potential in the healthcare industry , and the past few years are only the beginning. Healthcare.

Big Data 84

Big Data Recreation/Entertainment Cost-Benefit Finance 84

datapine

MARCH 25, 2022

While some experts try to underline that BA focuses, also, on predictive modeling and advanced statistics to evaluate what will happen in the future, BI is more focused on the present moment of data, making the decision based on current insights. We already saw earlier this year the benefits of Business Intelligence and Business Analytics.

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

Smart Data Collective

MAY 11, 2023

The good news is that big data technology is helping banks meet their bottom line. Therefore, it should be no surprise that the market for data analytics is growing at a rate of nearly 23% a year after being worth $744 billion in 2020. Big data can help companies in the financial sector in many ways.

Data mining 98

Data mining Big Data Sales Cost-Benefit 98

datapine

NOVEMBER 5, 2019

All areas of your modern-day business – from supply chain success to improved reporting processes and communications, interdepartmental collaboration, and general organization innovation – can benefit significantly from the use of analytics, structured into a live dashboard that can improve your data management efforts.

Dashboards 220

Dashboards Cost-Benefit Sales Metrics 220

IBM Big Data Hub

FEBRUARY 14, 2024

Technical AI use cases Speed operations with AIOps There are many benefits to using artificial intelligence for IT operations (AIOps). More benefits from AI include building a more sustainable IT system and improving the continuous integration/continuous (CI/CD) delivery pipelines. See what’s ahead AI can assist with forecasting.

Cost-Benefit 83

Cost-Benefit Insurance Unstructured Data Machine Learning 83

datapine

JUNE 5, 2019

BI dashboard tools bestow business users with the ability to drill down even deeper into analytical data to capitalize on strengths, spot weaknesses, and make changes that will benefit the future of their organization. A data dashboard assists in 3 key business elements: strategy, planning, and analytics.

Dashboards 316

Dashboards KPI Sales Visualization 316

IBM Big Data Hub

OCTOBER 12, 2023

The tasks behind efficient, responsible AI lifecycle management The continuous application of AI and the ability to benefit from its ongoing use require the persistent management of a dynamic and intricate AI lifecycle—and doing so efficiently and responsibly. But the implementation of AI is only one piece of the puzzle.

Cost-Benefit 78

Cost-Benefit Metadata Data Governance Modeling 78

CIO Business Intelligence

JUNE 1, 2022

The company is applying winning insights from rapid, data-driven, evolutionary models versus relying on engine speed and aerodynamics alone to win races. Cloud-connected cars are now commonplace in the mainstream connected car market that is forecast to surpass $166 billion by 2025. Intel® Technologies Move Analytics Forward.

Manufacturing 101

Manufacturing Digital Transformation Predictive Analytics Strategy 101

AWS Big Data

APRIL 2, 2024

Without the right metadata and documentation, data consumers overlook valuable datasets relevant to their use case or spend more time going back and forth with data producers to understand the data and its relevance for their use case—or worse, misuse the data for a purpose it was not intended for.

Metadata 91

Metadata Metrics Data-driven Modeling 91

Smart Data Collective

SEPTEMBER 12, 2021

We have started relying on big data to research new products, improve our experience online and make a number of other improvements. One of the biggest benefits of big data has been in the field of investing. Using Big Data to Create a Well Executed Investing Strategy. Use the Cost-Averaging Method.

Data-driven 80

Data-driven Strategy Big Data Cost-Benefit 80

Jet Global

NOVEMBER 28, 2023

As businesses navigate the ever-changing landscape of tax regulations, they face the ongoing challenge of increasing productivity while minimizing costs. In this digital era, the rising need for technical data skills has become indispensable for tax professionals looking to do more with less.

Reporting 52

Reporting Finance Software Cost-Benefit 52

Andrew White

JANUARY 11, 2021

With a success behind you, sell that experience as the kind of benefit you can help improve. Which industry, sector moves fast and successful with data-driven? Government, Finance, … Tough question…mostly as it’s hard to determine which industry due to different uses and needs of D&A. Governance. Architecture.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 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. They can help a company forecast demand, or anticipate fraud. It’s Flexible.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

Jet Global

APRIL 14, 2022

However, they require knowledge of SQL to generate, can be rigid, and do not cover the specific custom reporting needs of real estate finance teams. Finance teams may need to lean on their IT department or external contractors to create insightful reports, rather than spend days creating them themselves. Improve data quality.

Data Collection 52

Data Collection Management Finance Reporting 52

Jet Global

NOVEMBER 16, 2022

Here are some of the benefits of using inventory KPIs for reporting: #1. Reduce costs. Supply chain disruption, high inflation, and rising warehouse rental costs have increased operating costs. Supply chain disruption, high inflation, and rising warehouse rental costs have increased operating costs.

Metrics 52

Metrics Reporting KPI Cost-Benefit 52

Jet Global

AUGUST 5, 2022

As a comprehensive, cloud-based ERP, Oracle NetSuite empowers businesses with a unified view of finances and operations. For your accounting and finance team especially, this challenge makes it difficult to create the critical financial reports that drive your business. Benefits of Oracle NetSuite. Greater scalability.

Reporting 52

Reporting Finance Operational Reporting Consulting 52

Jet Global

JUNE 29, 2020

Advanced analytics—which includes data mining, big data, and predictive data analytics—affords you the ability to gather deeper, more strategic, and ultimately more actionable insights from your data. Get more insights about how companies are successfully using analytics.

Analytics 98

Analytics Reporting Cost-Benefit Data mining 98

Jet Global

JUNE 28, 2022

The digitalization of tax and operational transfer pricing processes can have a huge impact on a multinational company’s ability to efficiently forecast and report its tax liability. Tax and transfer pricing software helps corporate finance teams to get more done with fewer resources. Download Now.

Software 52

Software Forecasting Reporting Finance 52

Jet Global

MAY 13, 2022

The future of Finance can be summed up in one word: cloud. From working remotely to digital finance and dynamic supply chain management, companies are turning to the cloud to navigate disruption and connect to all humans in their ecosystem. and by connecting to 140+ data sources.? Flexible, Finance-owned reporting.

Finance 52

Finance Reporting Cost-Benefit Software 52

Jet Global

JULY 14, 2022

If you are continually juggling finances to make sure you keep enough money in the bank, your profit margins may be too slim. It can also lead you to the conclusion that you may need extra financing to expand. Cash Flows From Financing. Cash Flow Forecast. For instance, you just generated a huge sale from a new client.

Finance 52

Finance Cost-Benefit Measurement Sales 52

Jet Global

MAY 4, 2022

Being a finance professional is stimulating and rewarding, but it comes with a set of unique challenges. Simply working harder doesn’t seem to solve the problem; finance professionals must work smarter, applying the right tools to get the job done quickly, efficiently, and accurately. Challenge 1. ERP Complexity.

Reporting 52

Reporting Finance Software Consulting 52

Smart Data Collective

JANUARY 29, 2020

However, many federal agencies have finally discovered the countless benefits of big data. The Internal Revenue Service (IRS) is one of the organizations that has started using big data to enforce its policies. Small businesses should utilize their own big data tools to keep up with the evolving changes this has triggered.

Predictive Analytics 61

Predictive Analytics Data mining Analytics Big Data 61

Jet Global

OCTOBER 12, 2022

Switching to a modern ERP software system affords many benefits, including increased efficiency, improved accuracy, and better control over your company’s finances. The proliferation of available data for use in transfer pricing, as well as the competition or financial talent, add further to these challenges.

Cost-Benefit 52

Cost-Benefit Testing Reporting Software 52

Jet Global

APRIL 26, 2022

So, you’re working for a medium to large enterprise that uses Microsoft Dynamics 365 Finance & Supply Chain (D365 F&SCM) as its ERP system. But if your business is growing, you are probably looking to push beyond the out-of-the-box capabilities to develop your own custom analysis and meaningful data insights.

Reporting 52

Reporting Finance Cost-Benefit Forecasting 52

Jet Global

JUNE 10, 2022

It’s critical, therefore, that corporate finance teams get ahead of the challenge by familiarizing themselves with BEPS compliance and putting good tax reporting solutions in place now that will put them on the right track for when the new rules take effect. Compliance costs are expected to be fairly significant, and uncertainty abounds.

Forecasting 52

Forecasting Reporting Finance Software 52

Jet Global

NOVEMBER 10, 2022

This requires access to real-time, accurate, functional views of transactional data enabling rapid decision making. The numbers show that finance professionals want more from their operational reporting tools. Support for additional data sources. Only 23 percent are able to produce all the operational reports required.

Operational Reporting 52

Operational Reporting Reporting Finance Software 52

Jet Global

AUGUST 17, 2022

Oracle Cloud ERP enables businesses to harness the power of the cloud with built-in security, easy access to data, and native reporting tools. Offering scalability, security, and greater visibility into your organization’s information, this ERP comes with a variety of benefits. Cost of migration. Prepare Your Data.

Reporting 52

Reporting Finance Sales Cost-Benefit 52

Jet Global

NOVEMBER 16, 2022

The increasing frequency of mergers and acquisitions challenges organizations’ capacity to bring data together and consolidate reporting at scale. Complexity Drives Costs: Simplify Financial Reporting and Succeed. Data is increasingly understood to be a critical corporate asset. Introducing Jet Analytics. Download Now.

Sales 52

Sales Reporting Dashboards Cost-Benefit 52